Elevator and Escalator Market Size, Share & Industry Analysis by Product (Elevators, Escalators, and Moving Walkways), By Business (New Equipment, Maintenance, and Modernization), By Application (Residential, Commercial, and Industrial), and Regional Forecast, 2026-2034

Last Updated: January 19, 2026 | Format: PDF | Report ID: FBI100301

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Table of Content

Introduction
1. Definition, By Segment
2. Research Methodology/Approach
3. Data Sources
Executive Summary
Market Dynamics
1. Macro and Micro Economic Indicators
2. Drivers, Restraints, Opportunities and Trends
3. Impact of COVID-19
Competition Landscape
1. Business Strategies Adopted by Key Players
2. Consolidated SWOT Analysis of Key Players
3. Global Elevator and Escalator Key Players Market Share/Ranking, 2025
Global Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East & Africa
  5. Latin America
North America Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. U.S.
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. Canada
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
Europe Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. Germany
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. France
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. U.K.
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  4. Italy
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  5. Turkey
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  6. Rest of Europe
Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. China
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. India
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Japan
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  4. South Korea
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  5. Southeast Asia
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  6. Rest of Asia Pacific
Middle East & Africa Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. GCC
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. South Africa
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Rest of Middle East & Africa
Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. Brazil
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. Mexico
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Rest of Latin America
Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
1. Fujitech Co. Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
2. Hitachi Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
3. Hyundai Elevator Co Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
4. Kone Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
5. Mitsubishi Electric Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
6. Otis Worldwide Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
7. Schindler
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
8. SJEC Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
9. TK Elevator GmbH
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
10. Toshiba Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments

Introduction
1. Definition, By Segment
2. Research Methodology/Approach
3. Data Sources
Executive Summary
Market Dynamics
1. Macro and Micro Economic Indicators
2. Drivers, Restraints, Opportunities and Trends
3. Impact of COVID-19
Competition Landscape
1. Business Strategies Adopted by Key Players
2. Consolidated SWOT Analysis of Key Players
3. Global Elevator and Escalator Key Players Market Share/Ranking, 2025
Global Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. North America
  2. Europe
  3. Asia Pacific
  4. Middle East & Africa
  5. Latin America
North America Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. U.S.
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. Canada
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
Europe Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. Germany
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. France
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. U.K.
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  4. Italy
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  5. Turkey
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  6. Rest of Europe
Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. China
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. India
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Japan
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  4. South Korea
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  5. Southeast Asia
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  6. Rest of Asia Pacific
Middle East & Africa Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. GCC
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. South Africa
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Rest of Middle East & Africa
Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Segments, 2021-2034
1. Key Findings
2. By Product (USD)
  1. Elevator
  2. Escalator
  3. Moving Walkways
3. By Business (USD)
  1. New Equipment
  2. Maintenance
  3. Modernization
4. By Application (USD)
  1. Residential
  2. Commercial
  3. Industrial
5. By Country (USD)
  1. Brazil
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  2. Mexico
    1. By Product
      1. Elevator
      2. Escalator
      3. Moving Walkways
  3. Rest of Latin America
Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
1. Fujitech Co. Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
2. Hitachi Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
3. Hyundai Elevator Co Ltd
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
4. Kone Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
5. Mitsubishi Electric Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
6. Otis Worldwide Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
7. Schindler
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
8. SJEC Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
9. TK Elevator GmbH
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments
10. Toshiba Corporation
  1. Overview
    1. Key Management
    2. Headquarters
    3. Offerings/Business Segments
  2. Key Details (Key details are consolidated data and not product/service specific)
    1. Employee Size
    2. Past and Current Revenue
    3. Geographical Share
    4. Business Segment Share
    5. Recent Developments

Read Less

List of Figures

Figure 1: Global Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 2: Global Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 3: Global Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 4: Global Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 5: Global Elevator and Escalator Market Revenue Share (%), By Region, 2025 and 2034

Figure 6: North America Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 7: North America Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 8: North America Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 9: North America Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 10: North America Elevator and Escalator Market Revenue Share (%), By Country, 2025 and 2034

Figure 11: Europe Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 12: Europe Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 13: Europe Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 14: Europe Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 15: Europe Elevator and Escalator Market Revenue Share (%), By Country, 2025 and 2034

Figure 16: Asia Pacific Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 17: Asia Pacific Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 18: Asia Pacific Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 19: Asia Pacific Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 20: Asia Pacific Elevator and Escalator Market Revenue Share (%), By Country, 2025 and 2034

Figure 21: Middle East and Africa Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 22: Middle East and Africa Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 23: Middle East and Africa Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 24: Middle East and Africa Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 25: Middle East and Africa Elevator and Escalator Market Revenue Share (%), By Country, 2025 and 2034

Figure 26: Latin America Elevator and Escalator Market Revenue Share (%), 2025 and 2034

Figure 27: Latin America Elevator and Escalator Market Revenue Share (%), By Product, 2025 and 2034

Figure 28: Latin America Elevator and Escalator Market Revenue Share (%), By Business, 2025 and 2034

Figure 29: Latin America Elevator and Escalator Market Revenue Share (%), By Application, 2025 and 2034

Figure 30: Latin America Elevator and Escalator Market Revenue Share (%), By Country, 2025 and 2034

Figure 31: Global Elevator and Escalator Product Key Players' Market Share/Ranking (%), 2025

List of Tables

Table 1: Global Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 2: Global Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 3: Global Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 4: Global Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 5: Global Elevator and Escalator Market Size Estimates and Forecasts, By Region, 2021-2034

Table 6: North America Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 7: North America Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 8: North America Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 9: North America Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 10: North America Elevator and Escalator Market Size Estimates and Forecasts, By Country, 2021-2034

Table 11: U.S. Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 12: Canada Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 13: Europe Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 14: Europe Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 15: Europe Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 16: Europe Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 17: Europe Elevator and Escalator Market Size Estimates and Forecasts, By Country, 2021-2034

Table 18: Germany Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 19: U.K. Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 20: France Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 21: Italy Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 22: Turkey Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 23: Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 24: Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 25: Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 26: Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 27: Asia Pacific Elevator and Escalator Market Size Estimates and Forecasts, By Country, 2021-2034

Table 28: China Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 29: India Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 30: Japan Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 31: South Korea Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 32: Southeast Asia Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 33: Middle East and Africa Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 34: Middle East and Africa Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 35: Middle East and Africa Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 36: Middle East and Africa Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 37: Middle East and Africa Elevator and Escalator Market Size Estimates and Forecasts, By Country, 2021-2034

Table 38: GCC Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 39: South Africa Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 40: Latin America Elevator and Escalator Market Size Estimates and Forecasts, 2021-2034

Table 41: Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 42: Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Business, 2021-2034

Table 43: Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Application, 2021-2034

Table 44: Latin America Elevator and Escalator Market Size Estimates and Forecasts, By Country, 2021-2034

Table 45: Brazil Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

Table 46: Mexico Elevator and Escalator Market Size Estimates and Forecasts, By Product, 2021-2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 160

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