Global Elevator Sales Market Report 2020

An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.

In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travellator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.
The leading producers in the industry are Otis, Schindler and ThyssenKrupp, accounting for 16.29%, 14.55% and 13.46% of revenue, respectively. China has the highest share of income by region, accounting for more than 66 percent in 2019.

Market Analysis and Insights: Global Elevator Market
The global Elevator market size is projected to reach US$ 42990 million by 2026, from US$ 38470 million in 2020, at a CAGR of 1.9% during 2021-2026.

Global Elevator Scope and Market Size
The global Elevator market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Elevator market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Elevator market is segmented into
Elevator
Escalator
Moving Walkway

Segment by Application, the Elevator market is segmented into
Residential Area
Commercial Office
Transportation Hub
Industrial Area

The Elevator market is analysed and market size information is provided by regions (countries). Segment by Application, the Elevator market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Elevator Market Share Analysis
Elevator market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Elevator business, the date to enter into the Elevator market, Elevator product introduction, recent developments, etc.

The major vendors covered:
Otis
Schindler
ThyssenKrupp
Kone
Mitsubishi Electric
Hitachi
Canny Elevator
Toshiba
Fujitec
Volkslift
Guuangri Gufen
Sicher Elevator
Yungtay Engineering
SJEC
Edunburgh Elevator
Suzhou Diao
Hangzhou XiOlift
Hyundai
CNYD
Meilun Elevator
IFE Elevators
Dongnan Elevator
Joylive Elevator

Frequently Asked Questions