Elevator Market Size & Share, Growth, Trends Report, 2028

Elevator Market

Elevator Market - By Type (Passenger Elevators, Freight Elevators, and Others), By Technology (Traction, Machine Room-Less Traction, and Hydraulic), By Service (New Installation, Maintenance Repair, Modernization, and Others), By Applications (Residential, Hypermarkets, Malls, Corporate Offices, and Others), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 - 2028

Category: Technology & Media Report Format : PDF Pages: 185 Report Code: ZMR-866 Published Date: Apr-2022 Status : Published
Market Size in 2021 Market Forecast in 2028 CAGR (in %) Base Year
USD 128 Billion USD 140 Billion 7% 2021

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Elevator Market, (2022 - 2028) (USD Billion)
    • 2.2 Global Elevator Market : snapshot
  • Chapter 3. Global Elevator Market - Industry Analysis
    • 3.1 Elevator Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing demand for infrastructure development
      • 3.2.2 construction of high-rise buildings
      • 3.2.3 modernizations
      • 3.2.4 coupled with innovations like smart elevators fuels market growth
    • 3.3 Market Restraints
      • 3.3.1. Government regulations & policies controlling lifts and incidences of accidents involving elevators hamper the market growth\
      • 3.3.2. Government regulations & policies controlling lifts and incidences of accidents involving elevators hamper the market growth
    • 3.4 Market Opportunities
      • 3.4.1. Introduction of smart elevators as a part of modernization and technological advancement provides a lucrative opportunity for market expansion
    • 3.5 Market Challenges
      • 3.5.1. Introduction of smart elevators as a part of modernization and technological advancement provides a lucrative opportunity for market expansion
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By By Type
      • 3.7.2 Market attractiveness analysis By By Technology
      • 3.7.3 Market attractiveness analysis By By Service
      • 3.7.4 Market attractiveness analysis By By Applications
  • Chapter 4. Global Elevator Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Elevator Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Elevator Market - By Type Analysis
    • 5.1 Global Elevator Market overview: By By Type
      • 5.1.1 Global Elevator Market share, By By Type, 2021 and 2028
    • 5.2 Passenger Elevator
      • 5.2.1 Global Elevator Market by Passenger Elevator, 2022 - 2028 (USD Billion)
    • 5.3 Freight Elevator
      • 5.3.1 Global Elevator Market by Freight Elevator, 2022 - 2028 (USD Billion)
    • 5.4 Others
      • 5.4.1 Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 6. Global Elevator Market - By Technology Analysis
    • 6.1 Global Elevator Market overview: By By Technology
      • 6.1.1 Global Elevator Market share, By By Technology, 2021 and 2028
    • 6.2 Traction
      • 6.2.1 Global Elevator Market by Traction, 2022 - 2028 (USD Billion)
    • 6.3 Machine Room-Less Traction
      • 6.3.1 Global Elevator Market by Machine Room-Less Traction, 2022 - 2028 (USD Billion)
    • 6.4 Hydraulic
      • 6.4.1 Global Elevator Market by Hydraulic, 2022 - 2028 (USD Billion)
  • Chapter 7. Global Elevator Market - By Service Analysis
    • 7.1 Global Elevator Market overview: By By Service
      • 7.1.1 Global Elevator Market share, By By Service, 2021 and 2028
    • 7.2 New Installation
      • 7.2.1 Global Elevator Market by New Installation, 2022 - 2028 (USD Billion)
    • 7.3 Maintenance Repair
      • 7.3.1 Global Elevator Market by Maintenance Repair, 2022 - 2028 (USD Billion)
    • 7.4 Modernization
      • 7.4.1 Global Elevator Market by Modernization, 2022 - 2028 (USD Billion)
    • 7.5 Others
      • 7.5.1 Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 8. Global Elevator Market - By Applications Analysis
    • 8.1 Global Elevator Market overview: By By Applications
      • 8.1.1 Global Elevator Market share, By By Applications, 2021 and 2028
    • 8.2 Residential
      • 8.2.1 Global Elevator Market by Residential, 2022 - 2028 (USD Billion)
    • 8.3 Hypermarkets
      • 8.3.1 Global Elevator Market by Hypermarkets, 2022 - 2028 (USD Billion)
    • 8.4 Malls
      • 8.4.1 Global Elevator Market by Malls, 2022 - 2028 (USD Billion)
    • 8.5 Corporate Office
      • 8.5.1 Global Elevator Market by Corporate Office, 2022 - 2028 (USD Billion)
    • 8.6 Others
      • 8.6.1 Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • Chapter 9. Elevator Market - Regional Analysis
    • 9.1 Global Elevator Market Regional Overview
    • 9.2 Global Elevator Market Share, by Region, 2021 & 2028 (USD Billion)
    • 9.3. North America
      • 9.3.1 North America Elevator Market, 2022 - 2028 (USD Billion)
        • 9.3.1.1 North America Elevator Market, by Country, 2022 - 2028 (USD Billion)
    • 9.4 North America Elevator Market, by By Type, 2022 - 2028
      • 9.4.1 North America Elevator Market, by By Type, 2022 - 2028 (USD Billion)
    • 9.5 North America Elevator Market, by By Technology, 2022 - 2028
      • 9.5.1 North America Elevator Market, by By Technology, 2022 - 2028 (USD Billion)
    • 9.6 North America Elevator Market, by By Service, 2022 - 2028
      • 9.6.1 North America Elevator Market, by By Service, 2022 - 2028 (USD Billion)
    • 9.7 North America Elevator Market, by By Applications, 2022 - 2028
      • 9.7.1 North America Elevator Market, by By Applications, 2022 - 2028 (USD Billion)
    • 9.4. Europe
      • 9.4.2 Europe Elevator Market, 2022 - 2028 (USD Billion)
        • 9.4.2.1 Europe Elevator Market, by Country, 2022 - 2028 (USD Billion)
    • 9.4 Europe Elevator Market, by By Type, 2022 - 2028
      • 9.4.1 Europe Elevator Market, by By Type, 2022 - 2028 (USD Billion)
    • 9.5 Europe Elevator Market, by By Technology, 2022 - 2028
      • 9.5.1 Europe Elevator Market, by By Technology, 2022 - 2028 (USD Billion)
    • 9.6 Europe Elevator Market, by By Service, 2022 - 2028
      • 9.6.1 Europe Elevator Market, by By Service, 2022 - 2028 (USD Billion)
    • 9.7 Europe Elevator Market, by By Applications, 2022 - 2028
      • 9.7.1 Europe Elevator Market, by By Applications, 2022 - 2028 (USD Billion)
    • 9.5. Asia Pacific
      • 9.5.3 Asia Pacific Elevator Market, 2022 - 2028 (USD Billion)
        • 9.5.3.1 Asia Pacific Elevator Market, by Country, 2022 - 2028 (USD Billion)
    • 9.4 Asia Pacific Elevator Market, by By Type, 2022 - 2028
      • 9.4.1 Asia Pacific Elevator Market, by By Type, 2022 - 2028 (USD Billion)
    • 9.5 Asia Pacific Elevator Market, by By Technology, 2022 - 2028
      • 9.5.1 Asia Pacific Elevator Market, by By Technology, 2022 - 2028 (USD Billion)
    • 9.6 Asia Pacific Elevator Market, by By Service, 2022 - 2028
      • 9.6.1 Asia Pacific Elevator Market, by By Service, 2022 - 2028 (USD Billion)
    • 9.7 Asia Pacific Elevator Market, by By Applications, 2022 - 2028
      • 9.7.1 Asia Pacific Elevator Market, by By Applications, 2022 - 2028 (USD Billion)
    • 9.6. Latin America
      • 9.6.4 Latin America Elevator Market, 2022 - 2028 (USD Billion)
        • 9.6.4.1 Latin America Elevator Market, by Country, 2022 - 2028 (USD Billion)
    • 9.4 Latin America Elevator Market, by By Type, 2022 - 2028
      • 9.4.1 Latin America Elevator Market, by By Type, 2022 - 2028 (USD Billion)
    • 9.5 Latin America Elevator Market, by By Technology, 2022 - 2028
      • 9.5.1 Latin America Elevator Market, by By Technology, 2022 - 2028 (USD Billion)
    • 9.6 Latin America Elevator Market, by By Service, 2022 - 2028
      • 9.6.1 Latin America Elevator Market, by By Service, 2022 - 2028 (USD Billion)
    • 9.7 Latin America Elevator Market, by By Applications, 2022 - 2028
      • 9.7.1 Latin America Elevator Market, by By Applications, 2022 - 2028 (USD Billion)
    • 9.7. The Middle-East and Africa
      • 9.7.5 The Middle-East and Africa Elevator Market, 2022 - 2028 (USD Billion)
        • 9.7.5.1 The Middle-East and Africa Elevator Market, by Country, 2022 - 2028 (USD Billion)
    • 9.4 The Middle-East and Africa Elevator Market, by By Type, 2022 - 2028
      • 9.4.1 The Middle-East and Africa Elevator Market, by By Type, 2022 - 2028 (USD Billion)
    • 9.5 The Middle-East and Africa Elevator Market, by By Technology, 2022 - 2028
      • 9.5.1 The Middle-East and Africa Elevator Market, by By Technology, 2022 - 2028 (USD Billion)
    • 9.6 The Middle-East and Africa Elevator Market, by By Service, 2022 - 2028
      • 9.6.1 The Middle-East and Africa Elevator Market, by By Service, 2022 - 2028 (USD Billion)
    • 9.7 The Middle-East and Africa Elevator Market, by By Applications, 2022 - 2028
      • 9.7.1 The Middle-East and Africa Elevator Market, by By Applications, 2022 - 2028 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1 Schindler Group
      • 10.1.1 Overview
      • 10.1.2 Financials
      • 10.1.3 Product Portfolio
      • 10.1.4 Business Strategy
      • 10.1.5 Recent Developments
    • 10.2 Otis Elevator
      • 10.2.1 Overview
      • 10.2.2 Financials
      • 10.2.3 Product Portfolio
      • 10.2.4 Business Strategy
      • 10.2.5 Recent Developments
    • 10.3 Thyssenkrupp AG
      • 10.3.1 Overview
      • 10.3.2 Financials
      • 10.3.3 Product Portfolio
      • 10.3.4 Business Strategy
      • 10.3.5 Recent Developments
    • 10.4 KONE Corporation
      • 10.4.1 Overview
      • 10.4.2 Financials
      • 10.4.3 Product Portfolio
      • 10.4.4 Business Strategy
      • 10.4.5 Recent Developments
    • 10.5 Hitachi Ltd.
      • 10.5.1 Overview
      • 10.5.2 Financials
      • 10.5.3 Product Portfolio
      • 10.5.4 Business Strategy
      • 10.5.5 Recent Developments
    • 10.6 Fujitec Co. LTD.
      • 10.6.1 Overview
      • 10.6.2 Financials
      • 10.6.3 Product Portfolio
      • 10.6.4 Business Strategy
      • 10.6.5 Recent Developments
    • 10.7 Hyundaielevator Co. Ltd.
      • 10.7.1 Overview
      • 10.7.2 Financials
      • 10.7.3 Product Portfolio
      • 10.7.4 Business Strategy
      • 10.7.5 Recent Developments
    • 10.8 Electra Elevators
      • 10.8.1 Overview
      • 10.8.2 Financials
      • 10.8.3 Product Portfolio
      • 10.8.4 Business Strategy
      • 10.8.5 Recent Developments
    • 10.9 Mitsubishi Electric Corporation
      • 10.9.1 Overview
      • 10.9.2 Financials
      • 10.9.3 Product Portfolio
      • 10.9.4 Business Strategy
      • 10.9.5 Recent Developments
    • 10.10 ESCON ELEVETORS PVT LTD
      • 10.10.1 Overview
      • 10.10.2 Financials
      • 10.10.3 Product Portfolio
      • 10.10.4 Business Strategy
      • 10.10.5 Recent Developments
    • 10.11 Toshiba Elevator
      • 10.11.1 Overview
      • 10.11.2 Financials
      • 10.11.3 Product Portfolio
      • 10.11.4 Business Strategy
      • 10.11.5 Recent Developments
    • 10.12 ETIA Elevator.
      • 10.12.1 Overview
      • 10.12.2 Financials
      • 10.12.3 Product Portfolio
      • 10.12.4 Business Strategy
      • 10.12.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Elevator Market, 2022 - 2028 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Elevator Market attractiveness, By By Type
  • 6. Global Elevator Market attractiveness, By By Technology
  • 7. Global Elevator Market attractiveness, By By Service
  • 8. Global Elevator Market attractiveness, By By Applications
  • 9. Global Elevator Market share by By Type, 2022 and 2028 (USD Billion)
  • 10. Global Elevator Market by Passenger Elevator, 2022 - 2028 (USD Billion)
  • 11. Global Elevator Market by Freight Elevator, 2022 - 2028 (USD Billion)
  • 12. Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • 13. Global Elevator Market share by By Technology, 2022 and 2028 (USD Billion)
  • 14. Global Elevator Market by Traction, 2022 - 2028 (USD Billion)
  • 15. Global Elevator Market by Machine Room-Less Traction, 2022 - 2028 (USD Billion)
  • 16. Global Elevator Market by Hydraulic, 2022 - 2028 (USD Billion)
  • 17. Global Elevator Market share by By Service, 2022 and 2028 (USD Billion)
  • 18. Global Elevator Market by New Installation, 2022 - 2028 (USD Billion)
  • 19. Global Elevator Market by Maintenance Repair, 2022 - 2028 (USD Billion)
  • 20. Global Elevator Market by Modernization, 2022 - 2028 (USD Billion)
  • 21. Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • 22. Global Elevator Market share by By Applications, 2022 and 2028 (USD Billion)
  • 23. Global Elevator Market by Residential, 2022 - 2028 (USD Billion)
  • 24. Global Elevator Market by Hypermarkets, 2022 - 2028 (USD Billion)
  • 25. Global Elevator Market by Malls, 2022 - 2028 (USD Billion)
  • 26. Global Elevator Market by Corporate Office, 2022 - 2028 (USD Billion)
  • 27. Global Elevator Market by Others, 2022 - 2028 (USD Billion)
  • 28. Global Elevator Market share, by Region, 2022 and 2028
  • 29. North America Elevator Market, 2022 - 2028 (USD Billion)
  • 30. Europe Elevator Market, 2022 - 2028 (USD Billion)
  • 31. Asia Pacific Elevator Market, 2022 - 2028 (USD Billion)
  • 32. Latin America Elevator Market, 2022 - 2028 (USD Billion)
  • 33. The Middle-East and Africa Elevator Market, 2022 - 2028 (USD Billion)

Table Of Tables

  • 1. Global Elevator Market: Snapshot
  • 2. Drivers of the Elevator Market: impact analysis
  • 3. North America Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 4. North America Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 5. North America Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 6. North America Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 7. U.S. Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 8. U.S. Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 9. U.S. Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 10. U.S. Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 11. Canada Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 12. Canada Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 13. Canada Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 14. Canada Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 15. Europe Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 16. Europe Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 17. Europe Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 18. Europe Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 19. Germany Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 20. Germany Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 21. Germany Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 22. Germany Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 23. France Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 24. France Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 25. France Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 26. France Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 27. U.K. Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 28. U.K. Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 29. U.K. Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 30. U.K. Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 31. Italy Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 32. Italy Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 33. Italy Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 34. Italy Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 35. Spain Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 36. Spain Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 37. Spain Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 38. Spain Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 39. Rest of Europe Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 40. Rest of Europe Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 41. Rest of Europe Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 42. Rest of Europe Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 43. Asia Pacific Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 44. Asia Pacific Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 45. Asia Pacific Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 46. Asia Pacific Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 47. China Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 48. China Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 49. China Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 50. China Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 51. Japan Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 52. Japan Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 53. Japan Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 54. Japan Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 55. India Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 56. India Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 57. India Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 58. India Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 59. South Korea Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 60. South Korea Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 61. South Korea Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 62. South Korea Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 63. South-East Asia Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 64. South-East Asia Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 65. South-East Asia Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 66. South-East Asia Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 67. Rest of Asia Pacific Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 68. Rest of Asia Pacific Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 69. Rest of Asia Pacific Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 70. Rest of Asia Pacific Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 71. Latin America Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 72. Latin America Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 73. Latin America Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 74. Latin America Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 75. Brazil Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 76. Brazil Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 77. Brazil Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 78. Brazil Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 79. Mexico Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 80. Mexico Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 81. Mexico Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 82. Mexico Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 83. Rest of Latin America Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 84. Rest of Latin America Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 85. Rest of Latin America Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 86. Rest of Latin America Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 87. The Middle-East and Africa Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 88. The Middle-East and Africa Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 89. The Middle-East and Africa Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 90. The Middle-East and Africa Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 91. GCC Countries Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 92. GCC Countries Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 93. GCC Countries Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 94. GCC Countries Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 95. South Africa Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 96. South Africa Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 97. South Africa Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 98. South Africa Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)
  • 99. Rest of Middle-East Africa Elevator Market revenue, By By Type, 2022 - 2028 (USD Billion)
  • 100. Rest of Middle-East Africa Elevator Market revenue, By By Technology, 2022 - 2028 (USD Billion)
  • 101. Rest of Middle-East Africa Elevator Market revenue, By By Service, 2022 - 2028 (USD Billion)
  • 102. Rest of Middle-East Africa Elevator Market revenue, By By Applications, 2022 - 2028 (USD Billion)

Methodology

FrequentlyAsked Questions

The increasing need for infrastructure development, rampant construction of high-rise buildings, huge investments in construction industries, and convenient residential and non-residential venues drive market growth.

According to the report by Zion Market Research, The global elevator market was worth around $128 billion in 2021 and is predicted to grow to around $140 billion by 2028 at a CAGR rate of 7% over the forecast period

Asia Pacific region dominates the global market in terms of value and volume. There has been a spike in the demand from that region because of the easy availability of raw materials and labor costs for the production of lifts.

The key players in the global elevator market are Schindler Group, Otis Elevator, Thyssenkrupp AG, KONE Corporation, Hitachi Ltd., Fujitec Co., LTD., Hyundaielevator Co., Ltd., Electra Elevators, Mitsubishi Electric Corporation, ESCON ELEVETORS PVT LTD, Toshiba Elevator, and ETIA Elevator.

The elevator market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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