Market Research Industry Today

Global Passenger Elevators Market Research Report 2024: Delving into Market Status, Size, and Industry Needs up to 2030

An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.
Published 04 February 2024


    In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travellator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.

    This report studies Passenger Elevators.

    The global market for Passenger Elevators was estimated to be worth US$ 37400 million in 2023 and is forecast to a readjusted size of US$ 50740 million by 2030 with a CAGR of 4.4% during the forecast period 2024-2030

    Global Passenger Elevators key players include Kone, Otis, Schindler, etc. Global top 3 manufacturers hold a share over 42%.

    Asia-Pacific is the largest market, with a sales market share about 85%, followed by Europe, and North America, both have a sales market share about 12 percent.

    In terms of product, Elevator is the largest segment, with a share over 87%. And in terms of application, the largest application is Residential Area, followed by Commercial Office, Transportation Hub and Industrial Area.


Global Leading Market Research Publisher QYResearch announces the release of its lastest report “Global Passenger Elevators Market Report, History and Forecast 2019-2030, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Passenger Elevators market, including market size, share, demand, industry development status, and forecasts for the next few years. Provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe.It aims to help readers gain a comprehensive understanding of the global Passenger Elevators market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.


Global Passenger Elevators Market: Driven factors and Restrictions factors

The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2010 to 2030, as well as the production volume by region during the same period.


【Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart)】

https://www.qyresearch.com/reports/2320878/passenger-elevators


Overall, this report strives to provide you with the insights and information you need to make informed business decisions and stay ahead of the competition.

All findings, data and information provided in the report have been verified and re-verified with the help of reliable sources. The analysts who wrote the report conducted in-depth research using unique and industry-best research and analysis methods.


The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Passenger Elevators market is segmented as below:

By Company

    Kone

    Otis

    Schindler

    ThyssenKrupp

    Mitsubishi Electric

    Hitachi

    Toshiba

    Hyundai

    Fujitec

    Hangzhou XiOlift

    Volkslift

    Yungtay Engineering

    Canny Elevator

    SJEC

    Guangri Elevator

    Edunburgh Elevator

    Suzhou Diao

    Meilun Elevator

    IFE Elevators

    CNYD

    Syney Elevator

    Dongnan Elevator


Segment by Type

    Elevator

    Escalator

    Moving Walkway


Segment by Application

    Residential Area

    Commercial Office

    Transportation Hub

    Industrial Area


This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.


Each chapter of the report provides detailed information for readers to further understand the Passenger Elevators market:

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Passenger Elevators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Passenger Elevators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.


Our Service:

  1. Express Delivery Report Service
  2. More than 16 years of vast experience
  3. Establish offices in 6 countries
  4. Operation for 24 * 7 & 365 days
  5. Owns large database
  6. In-depth and comprehensive analysis
  7. Professional and timely after-sales service

To contact us and get this report: https://www.qyresearch.com/contact-us

About Us:

QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 16 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.


Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

EN: https://www.qyresearch.com

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US) 

JP: https://www.qyresearch.co.jp

Other Industry News

Ready to start publishing

Sign Up today!