1. Market Research
  2. > Construction Market Trends
Elevator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Elevator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

  • March 2019
  • 701 pages
  • ID: 4344767
  • Format: PDF
  • By Transparency Market Research


Table of Contents

Global Elevator Market: Overview
The elevator market report provides analysis for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year.The report covers all the major trends and key drivers playing a major role in the growth of the elevator market over the forecast period.

It also highlights the drivers, restraints, and opportunities expected to influence the market during the said period. The study provides a holistic perspective of the elevator market throughout the above mentioned forecast period in terms of revenue (in US$ Mn), and volume (in Thousand Units), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).

Global Elevator Market: Trends and Opportunities
The key factor that is exerting significant impact and driving the global elevator market is rapid urbanization. According to World Bank records published in 2016, 54% of the population resides in urban areas globally and by 2045 this number is expected to increase 1.5 times with 6 billion people living in cities. Demand for residential properties has surged due to increased urbanization and rising household income. The cities of ASEAN are continually focusing on improving urban planning and building capabilities in resource rich regions and major cities with good communication and transportation systems to attract domestic and foreign direct investment, which in turn is driving the urban growth in this region. All these factors are expected to drive the global elevator market during the forecast period (2018 - 2026).

Mixed-block development trend is on the rise; but this is nothing new.With changing real estate trends, in recent years, the pendulum has shifted back to mixed block.

As a result, mixed-block development has become increasingly popular.Intensity of high-rise construction is increasing and also the percentage of mixed-block high rise buildings.

Mixed-block tall buildings include residential, office, retail, serviced apartments, hotels, casino, etc.

Global Elevator Market: Key Segments
The global elevator market has been segmented on the basis of deck type, destination control, building height, end-use, speed, application, and region.Based on deck type, the market is segmented into single and double deck.

Based on destination control, the elevator market is classified into smart and conventional.In terms of building height, the elevator market is segmented into low rise, mid-rise, and high rise.

Based on end-use, the elevator market has been segmented into residential, commercial, and mix block.The speed segment is classified into – less than 1m/s, between 1 to 3 m/s, between 4 to 6 m/s, between 7 to 10 m/s, and above 10m/s.

The most common is between 1 to 3 m/s in developing countries. Based on application, the elevator market is segmented as passenger and freight.

In terms of country, the North America market is divided into the U.S., Canada, and Rest of North America. Similarly, the Europe market is divided into U.K.,Germany, France, Italy, and Rest of Europe. Asia Pacific has been segmented into China, India, Japan, and Rest of Asia Pacific. Middle East & Africa covers the G.C.C., South Africa, and Rest of Middle East & Africa. Similarly, South America region includes Brazil, and Rest of South America. This report provides all the essential information required to understand the elevator market and its types.

Global Elevator Market: Scope of the Study
The report includes key developments in the elevator market.Porter’s Five Force analysis, which identifies bargaining power of suppliers, bargaining power of buyers, threat from new entrants, threat from substitutes, and degree of competition in the elevator market is also included in the report.

Value chain analysis which shows work flow in the elevator market and identifies raw material suppliers, service providers, and distribution channels of this industry is covered in the report.Segment trends and regional trends have been highlighted.

It also covers segment-wise incremental opportunity analysis and price trend analysis (retail price).Furthermore, the report covers incremental opportunity analysis and identifies and compares attractiveness of segments on the basis of CAGR and market share index across North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The same has also been provided for each segmentation category i.e. deck type, building height, end-use, speed, application, and region in the scope of the study.

Global Elevator Market: Competitive Landscape
The report also includes competition landscape, which includes competition matrix, market structure analysis of major players in the global elevator market based on their 2017 revenues, and profiles of major players.The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow.

Factors including market position and offerings have been considered while presenting competition matrix. This section also identifies and includes various recent developments carried out by leading players in the elevator market.

Otis Elevator Company, KONE Oyj, Schindler, Fujitec Co., Ltd., Hitachi, Ltd., Hyundai Elevator Co., Ltd., Electra Elevators, Mitsubishi Electric Corporation, Thyssenkrupp AG, and Toshiba Corporation are the key companies profiled in the research report. The report also offers competitive landscape of key players in the elevator market. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

The global elevator market is segmented as below:

Global Elevator Market, by Deck Type
Single Deck
Double Deck

Global Elevator Market, by Destination Control

Global Elevator Market, by Building Height
Low Rise
Mid Rise
High Rise

Global Elevator Market, by End-use
Mix Block

Global Elevator Market, by Speed
Less than 1m/s
Between 1 to 3 m/s
Between 4 to 6 m/s
Between 7 to 10 m/s
Above 10m/s

Global Elevator Market, by Application

Global Elevator Market, by Region
North America
Rest of North America
Rest of Europe
Asia Pacific
Rest of Asia Pacific
Middle East & Africa (MEA)
South Africa
Rest of Middle East & Africa
South America
Rest of South America

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
15% Off


  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
IDC's Worldwide Smart Home Device Tracker Taxonomy, 2019

IDC's Worldwide Smart Home Device Tracker Taxonomy, 2019

  • $ 4104
  • May 2019

This IDC study provides a comprehensive overview and definitions for smart home devices. The definitions provided in this document represent the scope of IDC's smart home devices hardware research.This ...

Global Hybrid Mattress Market 2019-2023

Global Hybrid Mattress Market 2019-2023

  • $ 2500
  • May 2019

About this marketThe presence of a highly developed offline retail industry in developed countries such as the US and the UK will likely drive the global hybrid mattress market. Large organized retail ...

Global Hybrid Air Conditioner Market 2019-2023

Global Hybrid Air Conditioner Market 2019-2023

  • $ 2500
  • May 2019

About this marketThe growing residential construction activity is one of the critical factors that will trigger the growth of hybrid air conditioner market. The increase in the housing market is mainly ...

Home Care in Bolivia $ 2650 February 2019


Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on