China remains the dominant leader in global exports of escalators and moving walkways, commanding 68.99% of the market share. Countries like Spain and Slovakia follow but with significantly smaller shares of 7.71% and 7.18%, respectively. The notable trend includes Germany's decline by 6.3%, while Canada shows robust growth at 22.32%. Other countries like the Czech Republic and Poland exhibit positive growth rates of 5.88% and 5.44%, respectively. Meanwhile, the United States decreased by 10.86% in its export market share.
Future trends to watch in the global export of escalators and moving walkways include China's continued dominance, driven by its industrial capacity and technological advancement. With emerging markets and infrastructural developments in Asia and Africa, India and Thailand could potentially increase their shares. Technology-driven enhancements in product offerings and sustainability could further influence market dynamics.
Top countries in Export of Escalators and Moving Walkways Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 68.99 | 2023 | +1.95% | +2.75% | View data |
| 2 | 2 Spain | 7.71 | 2023 | +2.86% | +1.22% | View data |
| 3 | 3 Slovakia | 7.18 | 2023 | +1.32% | +1.94% | View data |
| 4 | 4 Germany | 4.98 | 2023 | -4.12% | -6.3% | View data |
| 5 | 5 Czech Republic | 2.66 | 2023 | -1.42% | +5.88% | View data |
| 6 | 6 Italy | 2.03 | 2023 | +3.33% | +3.66% | View data |
| 7 | 7 Thailand | 1.77 | 2023 | -0.23% | +0.5% | View data |
| 8 | 8 United States | 0.36 | 2023 | -15.64% | -10.86% | View data |
| 9 | 9 Poland | 0.36 | 2023 | +4.28% | +5.44% | View data |
| 10 | 10 United Kingdom | 0.34 | 2023 | +0.17% | -4.31% | View data |
