1	INTRODUCTION	42
1.1	STUDY OBJECTIVES	42
1.2	MARKET DEFINITION	42
1.2.1	INCLUSIONS AND EXCLUSIONS	43
1.3	STUDY SCOPE	43
1.3.1	MARKET SEGMENTATION	43
1.3.2	REGIONS COVERED	44
1.3.3	YEARS CONSIDERED	44
1.4	CURRENCY CONSIDERED	45
1.5	UNITS CONSIDERED	45
1.6	LIMITATIONS	45
1.7	STAKEHOLDERS	45
1.8	SUMMARY OF CHANGES	46
2	RESEARCH METHODOLOGY	47
2.1	RESEARCH DATA	47
FIGURE 1	ELEVATORS AND ESCALATORS MARKET: RESEARCH DESIGN	47
2.2	MARKET SIZE ESTIMATION	48
2.2.1	ELEVATORS AND ESCALATORS MARKET: APPROACH 1: BOTTOM-UP APPROACH	48
FIGURE 2	APPROACH 1: BOTTOM-UP APPROACH	48
2.2.2	ELEVATORS AND ESCALATORS MARKET: APPROACH 2: TOP-DOWN APPROACH	49
FIGURE 3	ELEVATORS AND ESCALATORS MARKET: TOP-DOWN APPROACH	49
2.3	SECONDARY DA T A	49
2.3.1	KEY DATA FROM SECONDARY SOURCES	50
2.4	PRIMARY DATA	50
2.4.1	KEY DATA FROM PRIMARY SOURCES	51
2.5	DATA TRIANGULATION	51
FIGURE 4	ELEVATORS AND ESCALATORS MARKET: DATA TRIANGULATION	52
2.6	KEY MARKET INSIGHTS	52
FIGURE 5	STAKEHOLDERS INVOLVED AND BREAKDOWN OF PRIMARY INTERVIEWS	53
2.7	RECESSION IMPACT	53
2.8	RESEARCH ASSUMPTIONS & LIMITATIONS	54
FIGURE 6	ASSUMPTIONS	54
FIGURE 7	LIMITATIONS	54
2.8.1	RISK ASSESSMENT	55
TABLE 1	LIMITATIONS & ASSOCIATED RISKS	55
2.9	GROWTH RATE ASSUMPTIONS	55
3	EXECUTIVE SUMMARY	56
FIGURE 8	NEW INSTALLATION TO BE LARGEST SERVICE SEGMENT OF ELEVATORS AND ESCALATORS MARKET	56
FIGURE 9	MACHINE-ROOM-LESS TRACTION ELEVATOR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	57
FIGURE 10	ELEVATOR TYPE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	57
FIGURE 11	RESIDENTIAL END-USE INDUSTRY SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	58
FIGURE 12	ASIA PACIFIC DOMINATED ELEVATORS AND ESCALATORS MARKET IN 2022	58
4	PREMIUM INSIGHTS	60
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELEVATORS AND ESCALATORS MARKET	60
FIGURE 13	INCREASING DEMAND FROM ELEVATORS SEGMENT OFFERS LUCRATIVE GROWTH OPPORTUNITIES FOR MARKET PLAYERS	60
4.2	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY	60
FIGURE 14	MACHINE-ROOM-LESS TRACTION ELEVATOR SEGMENT TO BE FASTEST-GROWING DURING FORECAST PERIOD	60
4.3	ELEVATORS AND ESCALATORS MARKET, BY TYPE	61
FIGURE 15	ELEVATORS TYPE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD	61
4.4	ELEVATORS AND ESCALATORS MARKET, BY SERVICE	61
FIGURE 16	NEW INSTALLATION SERVICE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD	61
4.5	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY	62
FIGURE 17	RESIDENTIAL TO BE FASTEST-GROWING END-USE INDUSTRY DURING FORECAST PERIOD	62
4.6	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY AND REGION	62
FIGURE 18	CHINA ACCOUNTS FOR HIGHEST CAGR IN ASIA PACIFIC	62
4.7	ELEVATORS AND ESCALATORS MARKET, BY KEY COUNTRY	63
FIGURE 19	CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD	63
5	MARKET OVERVIEW	64
5.1	INTRODUCTION	64
5.2	MARKET DYNAMICS	64
FIGURE 20	DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: ELEVATORS AND ESCALATORS MARKET	64
5.2.1	DRIVERS	65
5.2.1.1	Increased construction of high-rise buildings equipped with smart vertical transportation	65
FIGURE 21	URBAN AND RURAL POPULATION 1950–2050	65
5.2.1.2	Growing need for reducing energy consumption in buildings	66
FIGURE 22	ENERGY CONSUMPTION: RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL SECTORS, 1950 TO 2022	66
5.2.1.3	Growing aging population to facilitate development	67
FIGURE 23	NUMBER OF PEOPLE AGED 65 YEARS OR ABOVE, BY REGION, 2022 VS. 2030	67
5.2.2	RESTRAINTS	67
5.2.2.1	Uncertainty and risk regarding global economy	67
5.2.2.2	High maintenance cost	68
5.2.3	OPPORTUNITIES	68
5.2.3.1	Adoption of green building codes and energy-efficient products	68
5.2.3.2	Development of innovative technologies	69
5.2.4	CHALLENGES	69
5.2.4.1	Compliance with standards and regulations	69
6	INDUSTRY TRENDS	70
6.1	TRENDS & DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES	70
FIGURE 24	REVENUE SHIFT FOR ELEVATORS AND ESCALATORS MANUFACTURERS	70
6.2	PRICING ANALYSIS	71
6.2.1	AVERAGE SELLING PRICE RANGE OF ELEVATORS AND ESCALATORS, BY TYPE	71
TABLE 2	AVERAGE PRICE RANGE OF ELEVATORS, BY TYPE (PER UNIT)	71
6.2.2	RESIDENTIAL ELEVATORS (AVERAGE PRICE RANGE)	71
6.2.3	FACTORS AFFECTING PRICE OF COMMERCIAL ELEVATORS	72
6.3	VALUE CHAIN ANALYSIS	72
FIGURE 25	VALUE CHAIN ANALYSIS OF ELEVATORS AND ESCALATORS MARKET	73
6.3.1	RESEARCH & DEVELOPMENT	73
6.3.2	COMPONENT MANUFACTURER	74
6.3.3	MANUFACTURER	74
6.3.4	SOFTWARE & SERVICE	74
6.3.5	INTEGRATOR	74
6.3.6	END-USE APPLICATION	74
6.4	ECOSYSTEM MAPPING	75
FIGURE 26	ELEVATORS AND ESCALATORS MARKET: ECOSYSTEM MAP	75
TABLE 3	ECOSYSTEM OF ELEVATORS AND ESCALATORS MARKET	76
6.5	TECHNOLOGY ANALYSIS	77
6.5.1	ADOPTION OF ECO-FRIENDLY PRODUCTS	77
6.5.2	INTUITIVE ELEVATOR TECHNOLOGY	77
6.5.3	CABLE-FREE SMART ELEVATORS	78
6.5.4	ARTIFICIAL INTELLIGENCE	78
6.5.5	INTERNET OF THINGS (IOT) AND 5G TECHNOLOGY	78
6.6	PATENT ANALYSIS	79
6.6.1	INTRODUCTION	79
6.6.2	METHODOLOGY	79
6.6.3	ELEVATORS AND ESCALATORS MARKET, PATENT ANALYSIS (2013–2022)	79
FIGURE 27	MAJOR PATENTS FOR ELEVATORS AND ESCALATORS MARKET (2013–2022)	80
TABLE 4	PATENTS FOR ELEVATORS AND ESCALATORS	81
6.7	TRADE ANALYSIS	83
FIGURE 28	EXPORT SCENARIO, HS CODE 680610, ENCOMPASSING LIFTING, HANDLING, LOADING OR UNLOADING MACHINERY, E.G., LIFTS, ESCALATORS, CONVEYORS, TELEFERICS, 2022 (USD BILLION)	83
FIGURE 29	IMPORT SCENARIO, HS CODE 680610, ENCOMPASSING LIFTING, HANDLING, LOADING OR UNLOADING MACHINERY, E.G., LIFTS, ESCALATORS, CONVEYORS, TELEFERICS, 2022 (USD BILLION)	84
6.8	KEY CONFERENCES AND EVENTS IN 2023–2024	84
TABLE 5	ELEVATORS AND ESCALATORS MARKET: CONFERENCES & EVENTS, 2023–2024	84
6.9	REGULATORY BODIES AND GOVERNMENT AGENCIES	86
TABLE 6	NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	86
TABLE 7	EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	87
TABLE 8	ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	89
6.10	TARIFF AND REGULATORY LANDSCAPE	90
6.10.1	AVERAGE TARIFF RATES	90
TABLE 9	TARIFFS RELATED TO LIFTING, HANDLING, LOADING, OR UNLOADING MACHINERY, LIFTS, ESCALATORS, CONVEYORS, TELEFERICS	91
6.10.2	REGULATORY LANDSCAPE	91
TABLE 10	CONTAINER COMPLIANCE OPTIONS FOR SAFETY AND ACCESSIBILITY IN EUROPE	92
TABLE 11	LIFT/ELEVATOR STANDARDS IN ASIA PACIFIC (INDIA)	92
6.10.3	OTHERS	92
6.11	PORTER’S FIVE FORCES ANALYSIS	92
FIGURE 30	ELEVATORS AND ESCALATORS MARKET: PORTER’S FIVE FORCES ANALYSIS	93
TABLE 12	ELEVATORS AND ESCALATORS MARKET: PORTER’S FIVE FORCES ANALYSIS	93
6.11.1	THREAT OF NEW ENTRANTS	94
6.11.2	THREAT OF SUBSTITUTES	94
6.11.3	BARGAINING POWER OF SUPPLIERS	94
6.11.4	BARGAINING POWER OF BUYERS	94
6.11.5	INTENSITY OF COMPETITIVE RIVALRY	94
6.12	MACROECONOMIC INDICATORS	95
6.12.1	INTRODUCTION	95
6.12.2	GDP TRENDS AND FORECASTS	95
TABLE 13	WORLD GDP GROWTH PROJECTION, 2021–2028 (USD TRILLION)	95
6.12.3	CONSTRUCTION INDUSTRY AS PERCENTAGE OF GDP AND ITS IMPACT ON ELEVATORS AND ESCALATORS	96
TABLE 14	CONSTRUCTION AS PERCENTAGE OF GDP, BY KEY COUNTRY, 2021	96
6.12.4	GROWING POPULATION AND URBANIZATION	97
TABLE 15	URBANIZATION, BY REGION, 2021–2050 (IN MILLION)	97
TABLE 16	POPULATION, BY REGION, 2022–2050 (IN MILLION)	97
6.13	KEY STAKEHOLDERS AND BUYING CRITERIA	98
6.13.1	KEY STAKEHOLDERS IN BUYING PROCESS	98
FIGURE 31	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS	98
TABLE 17	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS	98
6.13.2	BUYING CRITERIA	98
FIGURE 32	KEY BUYING CRITERIA OF ELEVATORS AND ESCALATORS MARKET	98
TABLE 18	KEY BUYING CRITERIA FOR ELEVATORS AND ESCALATORS INDUSTRY	99
6.14	CASE STUDY ANALYSIS	99
6.14.1	CASE STUDY 1: ELEVATORS GURGAON MEDANTA	99
6.14.2	CASE STUDY 2: ENERGY-EFFICIENT BUILDING INITIATIVE MUMBAI- THE RUBY BUILDING SYSTEMS – ELEVATORS	100
6.14.3	CASE STUDY 3: HONEYWELL- CORPORATE OFFICE RENOVATIONS	100
6.14.4	CASE STUDY 4: KONE CORPORATION- 180 BRISBANE COMMERCIAL OFFICES, AUSTRALIA	100
7	ELEVATORS AND ESCALATORS MARKET, BY SERVICE	101
7.1	INTRODUCTION	102
FIGURE 33	NEW INSTALLATION TO BE LARGEST SERVICE SEGMENT DURING FORECAST PERIOD	102
TABLE 19	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2018–2021 (USD MILLION)	102
TABLE 20	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2022–2028 (USD MILLION)	102
TABLE 21	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2018–2021 (MILLION UNITS)	103
TABLE 22	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2022–2028 (MILLION UNITS)	103
7.2	NEW INSTALLATION	103
7.2.1	SURGE IN URBANIZATION AND RISE IN CONSTRUCTION ACTIVITIES TO DRIVE MARKET	103
7.3	MAINTENANCE & REPAIR	104
7.3.1	GROWING CONCERN REGARDING AGING ELEVATORS TO DRIVE MARKET	104
7.4	MODERNIZATION	104
7.4.1	INNOVATIVE TECHNOLOGIES AND NEED TO REPLACE AGING AND OBSOLETE SYSTEMS TO DRIVE MARKET	104
8	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY	105
8.1	INTRODUCTION	106
FIGURE 34	MACHINE-ROOM-LESS TRACTION ELEVATOR SEGMENT TO WITNESS HIGHEST CAGR	106
TABLE 23	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2018–2021 (USD MILLION)	106
TABLE 24	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2022–2028 (USD MILLION)	107
TABLE 25	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2018–2021 (MILLION UNITS)	107
TABLE 26	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2022–2028 (MILLION UNITS)	107
8.2	TRACTION ELEVATOR	108
8.2.1	LIGHTWEIGHT PROPERTY TO DRIVE MARKET	108
8.3	MACHINE-ROOM-LESS TRACTION ELEVATOR	108
8.3.1	COST-EFFECTIVENESS AND SUPERIOR PERFORMANCE OF TECHNOLOGY TO DRIVE MARKET	108
8.4	HYDRAULIC	109
8.4.1	TECHNICAL SPECIALTIES OF TECHNOLOGY TO DRIVE MARKET	109
9	ELEVATORS AND ESCALATORS MARKET, BY TYPE	110
9.1	INTRODUCTION	111
FIGURE 35	ELEVATORS SEGMENT TO LEAD ELEVATORS AND ESCALATORS MARKET	111
TABLE 27	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	111
TABLE 28	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	111
TABLE 29	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	112
TABLE 30	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	112
9.2	ELEVATORS	112
9.2.1	DEVELOPMENT OF NEW RESIDENTIAL AND COMMERCIAL PROJECTS TO DRIVE MARKET	112
9.2.2	PASSENGER ELEVATOR	113
9.2.2.1	Bed elevator	113
9.2.2.2	Service elevator	113
9.2.2.3	Observation elevator	113
9.2.2.4	Residential elevator	113
9.2.3	FREIGHT ELEVATOR	114
9.2.3.1	Dumbwaiters	114
9.2.3.2	Vehicle elevators	114
9.2.4	OTHER ELEVATOR TYPES	114
9.3	ESCALATORS	115
9.3.1	BOOM IN REAL ESTATE SECTOR AND NEED FOR EFFICIENT & RAPID TRANSIT SYSTEMS TO DRIVE MARKET	115
9.4	MOVING WALKWAYS	115
9.4.1	RAPID EMERGENCE OF AIRPORTS AND SHOPPING MALLS TO DRIVE MARKET	115
10	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY	116
10.1	INTRODUCTION	117
FIGURE 36	RESIDENTIAL TO BE FASTEST-GROWING END-USE INDUSTRY SEGMENT	117
TABLE 31	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	117
TABLE 32	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	118
TABLE 33	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	118
TABLE 34	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	118
10.2	RESIDENTIAL	119
10.2.1	GROWTH IN HIGH-RISE RESIDENTIAL BUILDING CONSTRUCTION TO DRIVE MARKET	119
10.3	COMMERCIAL	119
10.3.1	NEED TO OPTIMIZE TRAFFIC FLOW IN ELEVATORS IN COMMERCIAL SPACES TO DRIVE MARKET	119
10.4	INSTITUTIONAL	119
10.4.1	RISE IN DEMAND FOR NEW INSTITUTIONS TO DRIVE MARKET	119
10.5	INFRASTRUCTURAL	120
10.5.1	RAPID URBANIZATION TO DRIVE MARKET	120
10.6	OTHER END-USE INDUSTRIES	120
11	ELEVATORS AND ESCALATORS MARKET, BY REGION	121
11.1	INTRODUCTION	122
FIGURE 37	CHINA TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD	122
TABLE 35	ELEVATORS AND ESCALATORS MARKET, BY REGION, 2018–2021 (USD MILLION)	123
TABLE 36	ELEVATORS AND ESCALATORS MARKET, BY REGION, 2022–2028 (USD MILLION)	123
TABLE 37	ELEVATORS AND ESCALATORS MARKET, BY REGION, 2018–2021 (MILLION UNITS)	123
TABLE 38	ELEVATORS AND ESCALATORS MARKET, BY REGION, 2022–2028 (MILLION UNITS)	124
TABLE 39	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	124
TABLE 40	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	124
TABLE 41	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	124
TABLE 42	ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	125
TABLE 43	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2018–2021 (USD MILLION)	125
TABLE 44	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2022–2028 (USD MILLION)	125
TABLE 45	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2018–2021 (MILLION UNITS)	125
TABLE 46	ELEVATORS AND ESCALATORS MARKET, BY SERVICE, 2022–2028 (MILLION UNITS)	126
TABLE 47	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2018–2021 (USD MILLION)	126
TABLE 48	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2022–2028 (USD MILLION)	126
TABLE 49	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2018–2021 (MILLION UNITS)	127
TABLE 50	ELEVATORS AND ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY, 2022–2028 (MILLION UNITS)	127
TABLE 51	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	127
TABLE 52	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	128
TABLE 53	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	128
TABLE 54	ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	128
11.2	ASIA PACIFIC	129
11.2.1	RECESSION IMPACT	129
FIGURE 38	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET SNAPSHOT	130
TABLE 55	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	130
TABLE 56	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	131
TABLE 57	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS)	131
TABLE 58	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (MILLION UNITS)	131
TABLE 59	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	132
TABLE 60	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	132
TABLE 61	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	132
TABLE 62	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	133
TABLE 63	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	133
TABLE 64	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	133
TABLE 65	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	134
TABLE 66	ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	134
11.2.2	CHINA	134
11.2.2.1	Rapid industrialization and urbanization to drive market	134
TABLE 67	CHINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	135
TABLE 68	CHINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	135
TABLE 69	CHINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	135
TABLE 70	CHINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	136
TABLE 71	CHINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	136
TABLE 72	CHINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	136
TABLE 73	CHINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	137
TABLE 74	CHINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	137
11.2.3	INDIA	137
11.2.3.1	Government initiatives for 100 smart cities to drive market	137
TABLE 75	INDIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	138
TABLE 76	INDIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	138
TABLE 77	INDIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	138
TABLE 78	INDIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	139
TABLE 79	INDIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	139
TABLE 80	INDIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	139
TABLE 81	INDIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	140
TABLE 82	INDIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	140
11.2.4	JAPAN	140
11.2.4.1	Increasing adoption of smart technologies to drive market	140
TABLE 83	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	141
TABLE 84	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	141
TABLE 85	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	141
TABLE 86	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	142
TABLE 87	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	142
TABLE 88	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	142
TABLE 89	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	143
TABLE 90	JAPAN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	143
11.2.5	SOUTH KOREA	143
11.2.5.1	Changing lifestyles and increasing government initiatives to drive market	143
TABLE 91	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	144
TABLE 92	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	144
TABLE 93	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	144
TABLE 94	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	145
TABLE 95	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	145
TABLE 96	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	145
TABLE 97	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	146
TABLE 98	SOUTH KOREA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	146
11.2.6	REST OF ASIA PACIFIC	146
TABLE 99	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	147
TABLE 100	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	147
TABLE 101	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	147
TABLE 102	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	148
TABLE 103	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	148
TABLE 104	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	148
TABLE 105	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	149
TABLE 106	REST OF ASIA PACIFIC: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	149
11.3	EUROPE	149
11.3.1	RECESSION IMPACT	150
FIGURE 39	EUROPE: ELEVATORS AND ESCALATORS MARKET SNAPSHOT	150
TABLE 107	EUROPE: ELEVATORS AND ESCALATORS, BY COUNTRY, 2018–2021 (USD MILLION)	151
TABLE 108	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	151
TABLE 109	EUROPE: ELEVATORS AND ESCALATORS, BY COUNTRY, 2018–2021 (MILLION UNITS)	151
TABLE 110	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (MILLION UNITS)	152
TABLE 111	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	152
TABLE 112	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	152
TABLE 113	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	153
TABLE 114	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	153
TABLE 115	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	153
TABLE 116	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	154
TABLE 117	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	154
TABLE 118	EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	154
11.3.2	GERMANY	155
11.3.2.1	Emphasis on modernization, infrastructural development, and stringent safety standards to drive market	155
TABLE 119	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	155
TABLE 120	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	155
TABLE 121	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	156
TABLE 122	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	156
TABLE 123	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	156
TABLE 124	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	157
TABLE 125	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	157
TABLE 126	GERMANY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	157
11.3.3	FRANCE	158
11.3.3.1	Regulatory frameworks and architectural needs to drive market	158
TABLE 127	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	158
TABLE 128	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	158
TABLE 129	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	159
TABLE 130	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	159
TABLE 131	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	159
TABLE 132	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	160
TABLE 133	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	160
TABLE 134	FRANCE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	160
11.3.4	UK	161
11.3.4.1	Development of smart cities and new technologies to drive market	161
TABLE 135	UK: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	161
TABLE 136	UK: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	161
TABLE 137	UK: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	162
TABLE 138	UK: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	162
TABLE 139	UK: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	162
TABLE 140	UK: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	163
TABLE 141	UK: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	163
TABLE 142	UK: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	163
11.3.5	ITALY	164
11.3.5.1	Growing investment in construction industry to drive market	164
TABLE 143	ITALY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	164
TABLE 144	ITALY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	164
TABLE 145	ITALY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	165
TABLE 146	ITALY: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	165
TABLE 147	ITALY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	165
TABLE 148	ITALY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	166
TABLE 149	ITALY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	166
TABLE 150	ITALY: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	166
11.3.6	SPAIN	167
11.3.6.1	Sustainability in construction and real estate sectors to drive market	167
TABLE 151	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	167
TABLE 152	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	167
TABLE 153	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	168
TABLE 154	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	168
TABLE 155	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	168
TABLE 156	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	169
TABLE 157	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	169
TABLE 158	SPAIN: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	169
11.3.7	REST OF EUROPE	170
TABLE 159	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	170
TABLE 160	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	170
TABLE 161	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	171
TABLE 162	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	171
TABLE 163	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	171
TABLE 164	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	172
TABLE 165	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	172
TABLE 166	REST OF EUROPE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	172
11.4	NORTH AMERICA	173
11.4.1	RECESSION IMPACT	173
TABLE 167	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	173
TABLE 168	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	174
TABLE 169	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS)	174
TABLE 170	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (MILLION UNITS)	174
TABLE 171	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	175
TABLE 172	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	175
TABLE 173	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	175
TABLE 174	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	175
TABLE 175	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	176
TABLE 176	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	176
TABLE 177	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	176
TABLE 178	NORTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	177
11.4.2	US	177
11.4.2.1	Government investments in infrastructure projects to drive market	177
TABLE 179	US: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	177
TABLE 180	US: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	178
TABLE 181	US: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	178
TABLE 182	US: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	178
TABLE 183	US: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	178
TABLE 184	US: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	179
TABLE 185	US: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	179
TABLE 186	US: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	179
11.4.3	CANADA	180
11.4.3.1	Investment in residential segment to drive market	180
TABLE 187	CANADA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	180
TABLE 188	CANADA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	180
TABLE 189	CANADA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	180
TABLE 190	CANADA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	181
TABLE 191	CANADA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	181
TABLE 192	CANADA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	181
TABLE 193	CANADA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	182
TABLE 194	CANADA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	182
11.4.4	MEXICO	183
11.4.4.1	Growth in commercial constructions to drive market	183
TABLE 195	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	183
TABLE 196	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	183
TABLE 197	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	184
TABLE 198	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	184
TABLE 199	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	184
TABLE 200	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	185
TABLE 201	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	185
TABLE 202	MEXICO: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	185
11.5	SOUTH AMERICA	186
11.5.1	RECESSION IMPACT	186
TABLE 203	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	186
TABLE 204	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	186
TABLE 205	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS)	187
TABLE 206	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (MILLION UNITS)	187
TABLE 207	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	187
TABLE 208	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	188
TABLE 209	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	188
TABLE 210	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	188
TABLE 211	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	189
TABLE 212	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	189
TABLE 213	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	189
TABLE 214	SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	190
11.5.2	BRAZIL	190
11.5.2.1	Increasing demand for residential & nonresidential construction to drive market	190
TABLE 215	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	190
TABLE 216	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	191
TABLE 217	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	191
TABLE 218	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	191
TABLE 219	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	191
TABLE 220	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	192
TABLE 221	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	192
TABLE 222	BRAZIL: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	192
11.5.3	ARGENTINA	193
11.5.3.1	Investment in construction sector to drive market	193
TABLE 223	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION)	193
TABLE 224	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION)	193
TABLE 225	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS)	194
TABLE 226	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS)	194
TABLE 227	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	194
TABLE 228	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	195
TABLE 229	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS)	195
TABLE 230	ARGENTINA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS)	195
TABLE 231 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 196
TABLE 232 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 196
TABLE 233 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 196
TABLE 234 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 197
TABLE 235 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 197
TABLE 236 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 197
TABLE 237 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 198
TABLE 238 REST OF SOUTH AMERICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 198
11.6 MIDDLE EAST & AFRICA 198
11.6.1 RECESSION IMPACT 199
TABLE 239 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 199
TABLE 240 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 199
TABLE 241 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2018–2021 (MILLION UNITS) 200
TABLE 242 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY COUNTRY, 2022–2028 (MILLION UNITS) 200
TABLE 243 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 200
TABLE 244 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 201
TABLE 245 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 201
TABLE 246 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 201
TABLE 247 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 202
TABLE 248 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 202
TABLE 249 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 202
TABLE 250 MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 203
11.6.2 GCC COUNTRIES 203
TABLE 251 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 203
TABLE 252 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 203
TABLE 253 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 204
TABLE 254 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 204
TABLE 255 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 204
TABLE 256 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 205
TABLE 257 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 205
TABLE 258 GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 205
11.6.2.1 UAE 206
11.6.2.1.1 Industrial growth and rise in tourism to drive market 206
TABLE 259 UAE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 206
TABLE 260 UAE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 206
TABLE 261 UAE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 206
TABLE 262 UAE: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 207
TABLE 263 UAE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 207
TABLE 264 UAE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 207
TABLE 265 UAE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 208
TABLE 266 UAE: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 208
11.6.2.2 Saudi Arabia 208
11.6.2.2.1 Growing non-oil economy to drive market 208
TABLE 267 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 209
TABLE 268 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 209
TABLE 269 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 209
TABLE 270 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 210
TABLE 271 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 210
TABLE 272 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 210
TABLE 273 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 211
TABLE 274 SAUDI ARABIA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 211
11.6.2.3 Rest of GCC countries 211
TABLE 275 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 211
TABLE 276 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 212
TABLE 277 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 212
TABLE 278 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 212
TABLE 279 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 213
TABLE 280 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 213
TABLE 281 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 213
TABLE 282 REST OF GCC COUNTRIES: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 214
11.6.3 REST OF MIDDLE EAST & AFRICA 214
TABLE 283 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (USD MILLION) 214
TABLE 284 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (USD MILLION) 214
TABLE 285 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2018–2021 (MILLION UNITS) 215
TABLE 286 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY TYPE, 2022–2028 (MILLION UNITS) 215
TABLE 287 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION) 215
TABLE 288 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION) 216
TABLE 289 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2018–2021 (MILLION UNITS) 216
TABLE 290 REST OF MIDDLE EAST & AFRICA: ELEVATORS AND ESCALATORS MARKET, BY END-USE INDUSTRY, 2022–2028 (MILLION UNITS) 216
12 COMPETITIVE LANDSCAPE 217
12.1 OVERVIEW 217
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 217
12.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS 217
12.3 REVENUE ANALYSIS OF KEY PLAYERS 219
FIGURE 40 REVENUE ANALYSIS OF KEY COMPANIES IN ELEVATORS AND ESCALATORS MARKET 219
12.4 MARKET SHARE ANALYSIS 219
FIGURE 41 ELEVATORS AND ESCALATORS: MARKET SHARE ANALYSIS 220
TABLE 291 ELEVATORS AND ESCALATORS MARKET: DEGREE OF COMPETITION 220
12.5 COMPANY EVALUATION MATRIX 221
12.5.1 STARS 221
12.5.2 EMERGING LEADERS 221
12.5.3 PERVASIVE PLAYERS 221
12.5.4 PARTICIPANTS 221
FIGURE 42 COMPANY EVALUATION MATRIX: ELEVATORS AND ESCALATORS MARKET, 2022 222
12.5.5 COMPANY FOOTPRINT 223
FIGURE 43 ELEVATORS AND ESCALATORS MARKET: PRODUCT FOOTPRINT OF KEY PLAYERS 223
TABLE 292 ELEVATORS AND ESCALATORS MARKET: COMPANY FOOTPRINT OF KEY PLAYERS, BY END-USE INDUSTRY 223
TABLE 293 ELEVATORS AND ESCALATORS MARKET: COMPANY FOOTPRINT OF KEY PLAYERS, BY TYPE 224
TABLE 294 ELEVATORS AND ESCALATORS MARKET: COMPANY FOOTPRINT OF KEY PLAYERS, BY REGION 225
12.6 START-UP/SME EVALUATION MATRIX 225
12.6.1 PROGRESSIVE COMPANIES 225
12.6.2 RESPONSIVE COMPANIES 225
12.6.3 DYNAMIC COMPANIES 226
12.6.4 STARTING BLOCKS 226
FIGURE 44 START-UPS/SMES EVALUATION MATRIX: ELEVATORS AND ESCALATORS MARKET, 2022 226
12.6.5 COMPETITIVE BENCHMARKING 227
TABLE 295 ELEVATORS AND ESCALATORS MARKET: DETAILED LIST OF KEY START-UPS/SMES 227
TABLE 296 ELEVATORS AND ESCALATORS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 228
12.7 COMPETITIVE SCENARIO 229
12.7.1 DEALS 229
TABLE 297 DEALS, 2019–2023 229
12.7.2 PRODUCT LAUNCHES 231
TABLE 298 PRODUCT LAUNCHES, 2019–2023 231
12.7.3 OTHERS 232
TABLE 299 OTHERS, 2019–2023 232
13 COMPANY PROFILES 236
13.1 KEY PLAYERS 236
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1.1 SCHINDLER GROUP 236
TABLE 300 SCHINDLER GROUP: COMPANY OVERVIEW 236
FIGURE 45 SCHINDLER GROUP: COMPANY SNAPSHOT 237
TABLE 301 SCHINDLER GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237
TABLE 302 SCHINDLER GROUP: DEALS 238
TABLE 303 SCHINDLER GROUP: PRODUCT LAUNCHES 239
TABLE 304 SCHINDLER GROUP: OTHERS 239
13.1.2 OTIS WORLDWIDE CORPORATION 241
TABLE 305 OTIS WORLDWIDE CORPORATION: COMPANY OVERVIEW 241
FIGURE 46 OTIS WORLDWIDE CORPORATION: COMPANY SNAPSHOT 242
TABLE 306 OTIS WORLDWIDE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 242
TABLE 307 OTIS WORLDWIDE CORPORATION: DEALS 243
13.1.3 KONE CORPORATION 245
TABLE 308 KONE CORPORATION: COMPANY OVERVIEW 245
FIGURE 47 KONE CORPORATION: COMPANY SNAPSHOT 246
TABLE 309 KONE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 246
TABLE 310 KONE CORPORATION: DEALS 247
TABLE 311 KONE CORPORATION: OTHERS 247
13.1.4 HITACHI LTD. 250
TABLE 312 HITACHI LTD.: COMPANY OVERVIEW 250
FIGURE 48 HITACHI LTD.: COMPANY SNAPSHOT 251
TABLE 313 HITACHI LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 252
TABLE 314 HITACHI LTD.: DEALS 252
TABLE 315 HITACHI LTD.: PRODUCT LAUNCHES 253
TABLE 316 HITACHI LTD.: OTHERS 253
13.1.5 HYUNDAI ELEVATOR CO. LTD. 255
TABLE 317 HYUNDAI ELEVATOR CO. LTD.: COMPANY OVERVIEW 255
TABLE 318 HYUNDAI ELEVATOR CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 255
TABLE 319 HYUNDAI ELEVATOR CO. LTD.: DEALS 256
TABLE 320 HYUNDAI ELEVATOR CO. LTD.: PRODUCT LAUNCHES 257
TABLE 321 HYUNDAI ELEVATOR CO. LTD.: OTHERS 257
13.1.6 FUJITEC CO., LTD. 258
TABLE 322 FUJITEC CO., LTD.: COMPANY OVERVIEW 258
FIGURE 49 FUJITEC CO., LTD.: COMPANY SNAPSHOT 259
TABLE 323 FUJITEC CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 260
TABLE 324 FUJITEC CO., LTD.: OTHERS 261
13.1.7 TOSHIBA ELEVATORS AND BUILDING SYSTEMS CORPORATION 262
TABLE 325 TOSHIBA ELEVATORS AND BUILDING SYSTEMS CORPORATION: COMPANY OVERVIEW 262
TABLE 326 TOSHIBA ELEVATORS AND BUILDING SYSTEMS CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 262
13.1.8 MITSUBISHI ELECTRIC CORPORATION 264
TABLE 327 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 264
FIGURE 50 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 265
TABLE 328 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 266
TABLE 329 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES 267
13.1.9 TK ELEVATOR 269
TABLE 330 TK ELEVATOR: COMPANY OVERVIEW 269
TABLE 331 TK ELEVATOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 269
TABLE 332 TK ELEVATOR: DEALS 271
TABLE 333 TK ELEVATOR: PRODUCT LAUNCHES 271
TABLE 334 TK ELEVATOR: OTHERS 272
13.1.10 SJEC CORPORATION 273
TABLE 335 SJEC CORPORATION: COMPANY OVERVIEW 273
TABLE 336 SJEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 273
13.2 OTHER PLAYERS 275
13.2.1 KLEEMANN 275
TABLE 337 KLEEMANN: COMPANY OVERVIEW 275
13.2.2 SIGMA ELEVATORS 276
TABLE 338 SIGMA ELEVATORS: COMPANY OVERVIEW 276
13.2.3 ELECTRA ELEVATORS 276
TABLE 339 ELECTRA ELEVATORS: COMPANY OVERVIEW 276
13.2.4 ESCON ELEVATORS 277
TABLE 340 ESCON ELEVATORS: COMPANY OVERVIEW 277
13.2.5 SHENYANG YUANDA INTELLECTUAL INDUSTRY GROUP CO. LTD. 277
TABLE 341 SHENYANG YUANDA INTELLECTUAL INDUSTRY GROUP CO. LTD.: COMPANY OVERVIEW 277
13.2.6 ORONA 278
TABLE 342 ORONA: COMPANY OVERVIEW 278
13.2.7 EITA ELEVATOR 278
TABLE 343 EITA ELEVATOR: COMPANY OVERVIEW 278
13.2.8 GLARIE ELEVATOR 279
TABLE 344 GLARIE ELEVATOR: COMPANY OVERVIEW 279
13.2.9 AARON INDUSTRIES LTD. 279
TABLE 345 AARON INDUSTRIES LTD.: COMPANY OVERVIEW 279
13.2.10 LEO ELEVATORS 280
TABLE 346 LEO ELEVATORS: COMPANY OVERVIEW 280
13.2.11 TRIO ELEVATORS CO (INDIA) PRIVATE LIMITED 280
TABLE 347 TRIO ELEVATORS CO (INDIA) PRIVATE LIMITED: COMPANY OVERVIEW 280
13.2.12 STANNAH GROUP 281
TABLE 348 STANNAH GROUP: COMPANY OVERVIEW 281
13.2.13 CIBES LIFT 282
TABLE 349 CIBES LIFT: COMPANY OVERVIEW 282
13.2.14 WALTON GROUP 283
TABLE 350 WALTON GROUP: COMPANY OVERVIEW 283
13.2.15 EXPEDITE AUTOMATION LLP 284
TABLE 351 EXPEDITE AUTOMATION LLP: COMPANY OVERVIEW 284
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKET 285
14.1 INTRODUCTION 285
14.2 LIMITATIONS 285
14.2.1 SMART ELEVATOR MARKET 285
14.2.1.1 Market definition 285
14.2.1.2 Smart elevator market, by component 286
14.2.1.3 Smart elevator market, by application 286
14.2.1.4 Smart elevator market, by service 286
14.2.1.5 Smart elevator market, by region 286
15 APPENDIX 287
15.1 DISCUSSION GUIDE 287
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 291
15.3 CUSTOMIZATION OPTIONS 293
15.4 RELATED REPORTS 293
15.5 AUTHOR DETAILS 294
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