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The elevator and escalator market in US is forecasted to grow by USD 2.82 bn during 2023-2028, accelerating at a CAGR of 6.36% during the forecast period. The report on the elevator and escalator market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for elevators and escalators due to changing demographics, demand for modernization and maintenance of elevators and escalators, and increasing adoption of smart homes.
The elevator and escalator market in US is segmented as below:
By Product
- Elevators
- Escalators
By Service
- New installations
- Maintenance
- Modernization
By Application
- Commercial
- Residential
- Industrial
The report on the elevator and escalator market in US covers the following areas:
- Elevator and escalator market in US sizing
- Elevator and escalator market in US forecast
- Elevator and escalator market in US industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Service
8 Market Segmentation by Application
9 Customer Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the elevator and escalator market in US: AVT Beckett, Colley Elevator Co., Delfar Elevator Co Ltd, Delta Electronics Inc., Doppelmayr Seilbahnen GmbH, Fuji Electric Co. Ltd., Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., K. A. Schmersal Holding GmbH and Co. KG, KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Prysmian Spa, Savaria Corp., Schindler Holding Ltd., thyssenkrupp AG, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rise of smart elevators.'
According to the report, one of the major drivers for this market is the increasing demand for elevators and escalators due to changing demographics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AVT Beckett
- Colley Elevator Co.
- Delfar Elevator Co Ltd
- Delta Electronics Inc.
- Doppelmayr Seilbahnen GmbH
- Fuji Electric Co. Ltd.
- Fujitec Co. Ltd.
- Hitachi Ltd.
- Hyundai Elevator Co. Ltd.
- K. A. Schmersal Holding GmbH and Co. KG
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- Prysmian Spa
- Savaria Corp.
- Schindler Holding Ltd.
- thyssenkrupp AG
- Toshiba Corp.
- Weidmuller Interface GmbH and Co. KG
- WITTUR HOLDING GmbH