Industry: Machinery & Equipment
Published Date: 2026-07-14
Pages: 148 Pages
Report ld: 6929203
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Electric Elevator and Escalator Market Size(US$)

CAGR 2026-2032
5.3%
Market Size,2032
USD 57,690
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Electric Elevator and Escalator was estimated to be worth US$ 40390 million in 2025 and is projected to reach US$ 57690 million, growing at a CAGR of 5.3% from 2026 to 2032.
Elevators and escalators are the crucial element that makes it practical to live and work several floors above ground.
According to data released by the National Bureau of Statistics, China"s elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world"s largest elevator producer and consumer. More than 70% of the world"s elevator manufacturing business were in Chinese mainland, and 60%-65% of the world"s elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report provides a comprehensive view of the global market for Electric Elevator and Escalator, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Electric Elevator and Escalator market size, estimations, and forecasts are presented in terms of sales volume (Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Electric Elevator and Escalator.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Electric Elevator and Escalator manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Electric Elevator and Escalator sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Electric Elevator and Escalator sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 Electric Elevator and Escalator Product Introduction
1.2 Global Electric Elevator and Escalator Market Size Forecast
1.2.1 Global Electric Elevator and Escalator Sales Value (2021–2032)
1.2.2 Global Electric Elevator and Escalator Sales Volume (2021–2032)
1.2.3 Global Electric Elevator and Escalator Sales Price (2021–2032)
1.3 Electric Elevator and Escalator Market Trends & Drivers
1.3.1 Electric Elevator and Escalator Industry Trends
1.3.2 Electric Elevator and Escalator Market Drivers & Opportunities
1.3.3 Electric Elevator and Escalator Market Challenges
1.3.4 Electric Elevator and Escalator Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electric Elevator and Escalator Players Revenue Ranking (2025)
2.2 Global Electric Elevator and Escalator Revenue by Company (2021–2026)
2.3 Global Electric Elevator and Escalator Sales Volume Ranking of Players (2025)
2.4 Global Electric Elevator and Escalator Sales Volume by Company (2021–2026)
2.5 Global Electric Elevator and Escalator Average Price by Company (2021–2026)
2.6 Key Manufacturers Electric Elevator and Escalator Manufacturing Base and Headquarters
2.7 Key Manufacturers Electric Elevator and Escalator Product Offerings
2.8 Key Manufacturers Start of Mass Production of Electric Elevator and Escalator
2.9 Electric Elevator and Escalator Market Competitive Analysis
2.9.1 Electric Elevator and Escalator Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Electric Elevator and Escalator Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Electric Elevator and Escalator revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Electric Elevator and Escalator Market Classification
3.1 Introduction by Type
3.1.1 Elevator
3.1.2 Escalator
3.1.3 Global Electric Elevator and Escalator Sales Value by Type
3.1.3.1 Global Electric Elevator and Escalator Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Electric Elevator and Escalator Sales Value, by Type (2021–2032)
3.1.3.3 Global Electric Elevator and Escalator Sales Value, by Type (%), 2021–2032
3.1.4 Global Electric Elevator and Escalator Sales Volume by Type
3.1.4.1 Global Electric Elevator and Escalator Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Electric Elevator and Escalator Sales Volume, by Type (2021–2032)
3.1.4.3 Global Electric Elevator and Escalator Sales Volume, by Type (%), 2021–2032
3.1.5 Global Electric Elevator and Escalator Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential Buildings
4.1.2 Commercial Buildings
4.2 Global Electric Elevator and Escalator Sales Value by Application
4.2.1 Global Electric Elevator and Escalator Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Electric Elevator and Escalator Sales Value, by Application (2021–2032)
4.2.3 Global Electric Elevator and Escalator Sales Value, by Application (%), 2021–2032
4.3 Global Electric Elevator and Escalator Sales Volume by Application
4.3.1 Global Electric Elevator and Escalator Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Electric Elevator and Escalator Sales Volume, by Application (2021–2032)
4.3.3 Global Electric Elevator and Escalator Sales Volume, by Application (%), 2021–2032
4.4 Global Electric Elevator and Escalator Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Electric Elevator and Escalator Sales Value by Region
5.1.1 Global Electric Elevator and Escalator Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Electric Elevator and Escalator Sales Value by Region (2021–2026)
5.1.3 Global Electric Elevator and Escalator Sales Value by Region (2027–2032)
5.1.4 Global Electric Elevator and Escalator Sales Value by Region (%), 2021–2032
5.2 Global Electric Elevator and Escalator Sales Volume by Region
5.2.1 Global Electric Elevator and Escalator Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Electric Elevator and Escalator Sales Volume by Region (2021–2026)
5.2.3 Global Electric Elevator and Escalator Sales Volume by Region (2027–2032)
5.2.4 Global Electric Elevator and Escalator Sales Volume by Region (%), 2021–2032
5.3 Global Electric Elevator and Escalator Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Electric Elevator and Escalator Sales Value, 2021–2032
5.4.2 North America Electric Elevator and Escalator Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Electric Elevator and Escalator Sales Value, 2021–2032
5.5.2 Europe Electric Elevator and Escalator Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Electric Elevator and Escalator Sales Value, 2021–2032
5.6.2 Asia Pacific Electric Elevator and Escalator Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Electric Elevator and Escalator Sales Value, 2021–2032
5.7.2 South America Electric Elevator and Escalator Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electric Elevator and Escalator Sales Value, 2021–2032
5.8.2 Middle East & Africa Electric Elevator and Escalator Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electric Elevator and Escalator Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Electric Elevator and Escalator Sales Value and Sales Volume
6.2.1 Key Countries/Regions Electric Elevator and Escalator Sales Value, 2021–2032
6.2.2 Key Countries/Regions Electric Elevator and Escalator Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Electric Elevator and Escalator Sales Value, 2021–2032
6.3.2 United States Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Electric Elevator and Escalator Sales Value, 2021–2032
6.4.2 Europe Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Electric Elevator and Escalator Sales Value, 2021–2032
6.5.2 China Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.5.3 China Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Electric Elevator and Escalator Sales Value, 2021–2032
6.6.2 Japan Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Electric Elevator and Escalator Sales Value, 2021–2032
6.7.2 South Korea Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Electric Elevator and Escalator Sales Value, 2021–2032
6.8.2 Southeast Asia Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Electric Elevator and Escalator Sales Value, 2021–2032
6.9.2 India Electric Elevator and Escalator Sales Value by Type (%), 2025 vs 2032
6.9.3 India Electric Elevator and Escalator Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Schindler
7.1.1 Schindler Company Information
7.1.2 Schindler Introduction and Business Overview
7.1.3 Schindler Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Schindler Electric Elevator and Escalator Product Offerings
7.1.5 Schindler Recent Developments
7.2 ThyssenKrupp
7.2.1 ThyssenKrupp Company Information
7.2.2 ThyssenKrupp Introduction and Business Overview
7.2.3 ThyssenKrupp Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 ThyssenKrupp Electric Elevator and Escalator Product Offerings
7.2.5 ThyssenKrupp Recent Developments
7.3 Mitsubishi
7.3.1 Mitsubishi Company Information
7.3.2 Mitsubishi Introduction and Business Overview
7.3.3 Mitsubishi Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Mitsubishi Electric Elevator and Escalator Product Offerings
7.3.5 Mitsubishi Recent Developments
7.4 Kone Elevator
7.4.1 Kone Elevator Company Information
7.4.2 Kone Elevator Introduction and Business Overview
7.4.3 Kone Elevator Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Kone Elevator Electric Elevator and Escalator Product Offerings
7.4.5 Kone Elevator Recent Developments
7.5 Fujitec
7.5.1 Fujitec Company Information
7.5.2 Fujitec Introduction and Business Overview
7.5.3 Fujitec Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Fujitec Electric Elevator and Escalator Product Offerings
7.5.5 Fujitec Recent Developments
7.6 Omega
7.6.1 Omega Company Information
7.6.2 Omega Introduction and Business Overview
7.6.3 Omega Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Omega Electric Elevator and Escalator Product Offerings
7.6.5 Omega Recent Developments
7.7 Hitachi
7.7.1 Hitachi Company Information
7.7.2 Hitachi Introduction and Business Overview
7.7.3 Hitachi Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Hitachi Electric Elevator and Escalator Product Offerings
7.7.5 Hitachi Recent Developments
7.8 Hyundai
7.8.1 Hyundai Company Information
7.8.2 Hyundai Introduction and Business Overview
7.8.3 Hyundai Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Hyundai Electric Elevator and Escalator Product Offerings
7.8.5 Hyundai Recent Developments
7.9 Otis
7.9.1 Otis Company Information
7.9.2 Otis Introduction and Business Overview
7.9.3 Otis Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Otis Electric Elevator and Escalator Product Offerings
7.9.5 Otis Recent Developments
7.10 Bharat Bijlee
7.10.1 Bharat Bijlee Company Information
7.10.2 Bharat Bijlee Introduction and Business Overview
7.10.3 Bharat Bijlee Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Bharat Bijlee Electric Elevator and Escalator Product Offerings
7.10.5 Bharat Bijlee Recent Developments
7.11 Yungtay Engineering
7.11.1 Yungtay Engineering Company Information
7.11.2 Yungtay Engineering Introduction and Business Overview
7.11.3 Yungtay Engineering Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Yungtay Engineering Electric Elevator and Escalator Product Offerings
7.11.5 Yungtay Engineering Recent Developments
7.12 Zhejiang Meilun Elevator
7.12.1 Zhejiang Meilun Elevator Company Information
7.12.2 Zhejiang Meilun Elevator Introduction and Business Overview
7.12.3 Zhejiang Meilun Elevator Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Zhejiang Meilun Elevator Electric Elevator and Escalator Product Offerings
7.12.5 Zhejiang Meilun Elevator Recent Developments
7.13 Volkslift
7.13.1 Volkslift Company Information
7.13.2 Volkslift Introduction and Business Overview
7.13.3 Volkslift Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 Volkslift Electric Elevator and Escalator Product Offerings
7.13.5 Volkslift Recent Developments
7.14 Suzhou Diao
7.14.1 Suzhou Diao Company Information
7.14.2 Suzhou Diao Introduction and Business Overview
7.14.3 Suzhou Diao Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.14.4 Suzhou Diao Electric Elevator and Escalator Product Offerings
7.14.5 Suzhou Diao Recent Developments
7.15 Canny Elevator
7.15.1 Canny Elevator Company Information
7.15.2 Canny Elevator Introduction and Business Overview
7.15.3 Canny Elevator Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.15.4 Canny Elevator Electric Elevator and Escalator Product Offerings
7.15.5 Canny Elevator Recent Developments
7.16 Ningbo Xinda Group
7.16.1 Ningbo Xinda Group Company Information
7.16.2 Ningbo Xinda Group Introduction and Business Overview
7.16.3 Ningbo Xinda Group Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.16.4 Ningbo Xinda Group Electric Elevator and Escalator Product Offerings
7.16.5 Ningbo Xinda Group Recent Developments
7.17 Dongnan Elevator
7.17.1 Dongnan Elevator Company Information
7.17.2 Dongnan Elevator Introduction and Business Overview
7.17.3 Dongnan Elevator Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.17.4 Dongnan Elevator Electric Elevator and Escalator Product Offerings
7.17.5 Dongnan Elevator Recent Developments
7.18 SJEC
7.18.1 SJEC Company Information
7.18.2 SJEC Introduction and Business Overview
7.18.3 SJEC Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.18.4 SJEC Electric Elevator and Escalator Product Offerings
7.18.5 SJEC Recent Developments
7.19 SANYO
7.19.1 SANYO Company Information
7.19.2 SANYO Introduction and Business Overview
7.19.3 SANYO Electric Elevator and Escalator Sales, Revenue, Price and Gross Margin (2021–2026)
7.19.4 SANYO Electric Elevator and Escalator Product Offerings
7.19.5 SANYO Recent Developments
8 Industry Chain Analysis
8.1 Electric Elevator and Escalator Industrial Chain
8.2 Electric Elevator and Escalator Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Electric Elevator and Escalator Sales Model
8.5.2 Sales Channels
8.5.3 Electric Elevator and Escalator Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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