Smart Escalator

Smart Escalator Market Outlook

The global smart escalator market is anticipated to reach approximately USD 9.5 billion by 2035, expanding at a compound annual growth rate (CAGR) of around 7.2% during the forecast period from 2025 to 2035. This growth can be attributed to several key factors, including the rising demand for advanced building infrastructure, the increasing focus on safety and convenience in public spaces, and the growing integration of smart technologies within urban environments. Moreover, as cities expand and vertical transportation becomes more critical in high-rise buildings, the need for efficient and innovative escalators is expected to further drive market growth. Alongside this, the trend toward IoT and AI technologies is revolutionizing escalator systems, enabling enhanced monitoring, energy efficiency, and user experience. The market also benefits from a growing emphasis on sustainability and energy-efficient solutions, which are becoming increasingly important to consumers and businesses alike.

Growth Factor of the Market

The growth of the smart escalator market is significantly influenced by the convergence of technology and urban development. With cities experiencing rapid urbanization, there is a heightened need for efficient passenger movement within commercial and public spaces, which directly correlates with the increasing installation of smart escalators. Additionally, the integration of Internet of Things (IoT) technologies into escalators enables real-time monitoring and predictive maintenance, reducing downtime and increasing safety for users. Another catalyst for growth is the rising popularity of energy-efficient systems, which not only contribute to lower operational costs but also align with global environmental sustainability goals. Furthermore, demographic shifts, such as an aging population, are propelling the demand for accessibility features, prompting manufacturers to innovate and offer customized solutions. Finally, government initiatives aimed at modernizing infrastructure in urban areas support the adoption of smart escalators, making them a vital component of future city planning.

Key Highlights of the Market

• The smart escalator market is projected to grow at a CAGR of 7.2% from 2025 to 2035.
• Integration of advanced technologies, such as IoT and AI, is transforming traditional escalators into smart systems.
• Energy-efficient escalators are gaining traction due to their cost-saving and environmental benefits.
• Increasing urbanization and high-rise constructions are driving the demand for efficient vertical transport solutions.
• Customized escalators cater to various industry needs, enhancing user experience and accessibility.

By Type

Parallel Escalator:

Parallel escalators are designed to operate in tandem, allowing for simultaneous passenger movement in the same direction. These escalators are particularly beneficial in high-traffic areas such as malls and airports, where the flow of foot traffic needs to be efficiently managed. One of the primary advantages of parallel escalators is their ability to handle a large volume of passengers while reducing wait times, which is critical in settings that experience peak usage periods. The design of parallel escalators also enhances the aesthetic appeal of the environment, as they can be integrated seamlessly into a building's architecture. Moreover, advancements in technology are enabling parallel escalators to become more energy-efficient, which is a significant consideration for building managers seeking to lower operational costs.

Crisscross Escalator:

Crisscross escalators, also known as interlaced escalators, provide a unique solution for connecting different levels in buildings with limited space. They operate by crossing over one another, which allows for an efficient use of vertical space while maintaining a smooth flow of traffic. This type of escalator is particularly advantageous in complex architectural designs, where conventional escalators may not fit optimally. As urban environments become denser, the demand for crisscross escalators is expected to rise. Additionally, these escalators can be equipped with smart technologies to monitor usage patterns and optimize operations, making them a highly versatile choice for modern infrastructure projects.

Spiral Escalator:

Spiral escalators offer a visually striking means of vertical transportation, as their design allows them to twist and turn between levels, providing an aesthetic feature in addition to functionality. They are often used in shopping malls, exhibition centers, and other commercial spaces where visual appeal is as important as operational efficiency. Spiral escalators have the advantage of fitting into smaller footprints while still enabling smooth and continuous passenger flow. Recent innovations in safety and construction materials have made spiral escalators more durable and reliable, further enhancing their attractiveness to developers and architects. As the trend toward unique, eye-catching designs in architecture continues, spiral escalators are poised for growth in various applications.

Moving Walkways:

Moving walkways, also known as travelators, are a vital part of the smart escalator market, particularly in transportation hubs and large commercial buildings. They facilitate the smooth transit of passengers over longer distances, effectively reducing travel time and improving overall user experience. These systems are designed to work in both horizontal and inclined orientations, offering flexibility in their application. As urban landscapes grow increasingly complex, moving walkways are becoming essential in airports, convention centers, and urban public transport systems. Moreover, incorporating smart technology into moving walkways can enhance their functionality, providing features such as speed adjustment based on passenger flow and energy-saving modes, which makes them an excellent investment for facility managers.

Customized Escalator:

Customized escalators are designed to meet specific requirements and preferences of various clients, enabling tailored solutions that address unique architectural and operational needs. This flexibility allows for the incorporation of advanced features, such as enhanced safety protocols, specific aesthetic designs, or tailored dimensions to fit within unconventional spaces. The demand for customized escalators is growing, as businesses and facilities recognize the benefits of investing in solutions that are aligned with their branding and operational needs. As technology continues to evolve, manufacturers are increasingly able to offer bespoke solutions that maintain high safety standards while enhancing user experience, thus driving the growth of this segment within the smart escalator market.

By Technology

IoT-enabled Escalators:

IoT-enabled escalators represent a significant advancement in the smart escalator market, utilizing connectivity and data analytics to enhance their operational efficiency and safety. These escalators are equipped with sensors and smart monitoring systems that collect real-time data on usage patterns, operational status, and potential maintenance needs. The integration of IoT technology allows facility managers to optimize maintenance schedules based on actual usage rather than fixed timelines, leading to reduced downtime and lower operating costs. Furthermore, IoT-enabled escalators can adapt to changing passenger flows, adjusting their speed and operational modes accordingly, which greatly enhances the user experience. As IoT technology continues to evolve, the potential applications for these escalators are expected to expand significantly.

AI-powered Escalators:

AI-powered escalators leverage artificial intelligence to improve decision-making processes and enhance overall functionality. By utilizing machine learning algorithms, these escalators can predict usage patterns, optimize energy consumption, and proactively alert maintenance teams about potential issues before they escalate. This not only increases safety but also ensures a higher level of service for users, as the escalators can adjust their operations to meet real-time passenger demand. AI technologies also enable a more personalized experience, as the escalators can recognize frequent users and adjust settings for their convenience. As the capabilities of AI continue to grow, the incorporation of these technologies into escalators is likely to become more prevalent, providing a competitive edge to installations in high-traffic environments.

Touchless Escalators:

Touchless escalators are gaining traction as a result of the heightened emphasis on hygiene and safety in public spaces. These escalators minimize contact points by integrating technologies that allow for hands-free operation, such as motion sensors and voice-activated controls. This innovation significantly reduces the risk of germ transmission, making touchless escalators particularly suited for environments such as hospitals, airports, and shopping centers, where cleanliness is paramount. Additionally, the touchless feature enhances user convenience, providing a more streamlined experience. As public health concerns continue to influence consumer behavior, the demand for touchless escalators is expected to grow, prompting manufacturers to prioritize this technology in their offerings.

Energy-efficient Escalators:

Energy-efficient escalators are designed with a focus on sustainability and cost-effectiveness, utilizing advanced technologies to minimize energy consumption during operation. These escalators feature regenerative drives that capture energy during descent and feed it back into the system, resulting in significant energy savings. Moreover, energy-efficient escalators are often equipped with smart sensors that enable them to enter standby mode when not in use, further enhancing their sustainability profile. As businesses face mounting pressure to reduce their carbon footprints and operational costs, the demand for energy-efficient escalators is expected to rise. Additionally, government incentives aimed at promoting green technologies will likely support the adoption of these systems across various sectors.

Remote Monitoring Escalators:

Remote monitoring escalators offer facility managers the ability to maintain oversight of escalator systems from virtually anywhere, utilizing cloud-based solutions to streamline operations. This technology allows for continuous monitoring of performance metrics, alerting maintenance teams to potential issues before they become significant problems. The convenience of remote monitoring enables faster response times and fewer operational disruptions, contributing to increased safety and efficiency. Furthermore, the data collected through remote monitoring can provide valuable insights into usage patterns, which can inform future investments and upgrades. As the trend toward smart building management continues to grow, the integration of remote monitoring capabilities into escalators will become increasingly important for operators looking to enhance service quality.

By Application

Commercial Buildings:

In commercial buildings, smart escalators play a crucial role in facilitating efficient vertical transportation, ensuring smooth movement for both employees and visitors. These systems are designed to handle high volumes of foot traffic, particularly in large office complexes and mixed-use developments. The integration of advanced technologies, such as energy-efficient designs and real-time monitoring systems, enhances user experience while minimizing operational costs. Additionally, the presence of escalators in commercial buildings can significantly improve accessibility, making it easier for individuals with mobility challenges to navigate multi-level spaces. As urbanization continues to drive the construction of new commercial properties, the demand for smart escalators in this sector is expected to rise steadily.

Transportation Hubs:

Transportation hubs, such as airports, train stations, and bus terminals, represent a key application area for smart escalators due to their need for efficient passenger flow management. Escalators in these environments are essential for accommodating the large volumes of travelers moving between different levels without causing delays or congestion. The installation of smart escalators equipped with advanced features, such as predictive maintenance and energy-efficient operation, enhances the overall functionality of transportation hubs. Moreover, these systems can be tailored to meet the unique requirements of each facility, ensuring that they can accommodate varying passenger loads effectively. As global travel continues to rebound, the demand for smart escalators in transportation hubs is poised for growth.

Retail Centers:

Retail centers are increasingly adopting smart escalators to improve the shopping experience for customers. The integration of escalators into retail environments facilitates easy access to different store levels, helping to drive foot traffic and boost sales. Smart escalators can be designed to fit the aesthetic of the retail center while providing functionality and convenience. Features such as touchless operation and enhanced safety measures contribute to a more pleasant shopping experience. Additionally, the use of energy-efficient escalators aligns with the sustainability goals of many retailers, further driving their adoption. As competition in the retail sector intensifies, the strategic incorporation of smart escalators is becoming a vital element of successful shopping environments.

Hospitals:

Hospitals are unique environments that demand specialized solutions for patient and visitor movement. Smart escalators are critical in facilitating quick and efficient transport between different hospital levels, particularly in large healthcare facilities. They can be equipped with features to enhance accessibility for patients with mobility challenges, including low-speed options and handrails designed for easy gripping. The incorporation of touchless technology is particularly important in healthcare settings, where hygiene is paramount; minimizing contact points helps reduce the risk of infection transmission. Additionally, the use of energy-efficient escalators in hospitals can contribute to lower operational costs, which is a significant consideration for healthcare administrators. As the healthcare sector continues to evolve, the demand for smart escalators that prioritize safety and efficiency is expected to increase.

Hotels:

In hotels, smart escalators enhance the guest experience by providing convenient access to various floors, making it easier for guests to navigate between rooms, amenities, and dining areas. These escalators can be designed to blend seamlessly with the hotel’s interior décor while offering advanced features that enhance safety and comfort. Smart technologies, such as remote monitoring and predictive maintenance, ensure that escalators remain in optimal working condition, reducing the likelihood of service interruptions that could impact guest satisfaction. The increasing emphasis on luxury and convenience in the hospitality industry is driving the demand for innovative escalator solutions that cater to the needs of travelers. As hotels compete to provide superior service, the integration of smart escalators will likely become a standard in high-end and boutique properties.

By User

Passenger:

Passenger escalators are primarily designed for the smooth and efficient movement of individuals within various settings, including commercial buildings, airports, and shopping malls. These escalators prioritize user experience, emphasizing safety, accessibility, and convenience. Manufacturers are increasingly incorporating advanced technologies into passenger escalators, such as IoT connectivity and energy-efficient designs, to enhance their functionality. Moreover, the growing trend towards smart cities is driving innovation in passenger escalators, allowing them to communicate with other building systems to optimize operations. With urbanization continuing to rise, the demand for passenger escalators is expected to grow steadily, leading to increased investments in modern escalator infrastructure.

Freight:

Freight escalators serve a critical role in transporting goods and materials within commercial buildings and logistics facilities. Unlike traditional passenger escalators, freight escalators are specifically designed to handle heavier loads, making them an essential component of warehouse and distribution center operations. These escalators must be engineered to provide robust safety features while accommodating the unique challenges presented by transporting goods. With the rise of e-commerce and the need for efficient logistics solutions, the demand for freight escalators is anticipated to increase substantially. Additionally, innovations in freight escalator technology, such as energy-efficient designs and remote monitoring capabilities, are contributing to the growth of this segment in the smart escalator market.

By Region

The regional analysis of the smart escalator market indicates a diverse landscape with varying growth rates and demands. North America holds a significant share of the market, driven by the presence of advanced infrastructure and a high level of investment in smart technologies. The region is expected to grow at a CAGR of approximately 6.5% during the forecast period. Factors such as increasing urbanization, a rise in commercial construction projects, and a growing emphasis on energy efficiency are propelling the demand for smart escalators in North America. Europe follows closely, with a strong focus on sustainability and innovation, leading to robust growth in the adoption of advanced escalator systems across various applications.

In the Asia Pacific region, the smart escalator market is witnessing rapid expansion, primarily due to urbanization and infrastructure development in countries such as China and India. The region is predicted to grow at the highest CAGR of 8.5% between 2025 and 2035, driven by increasing investment in commercial buildings, transportation hubs, and smart city initiatives. Furthermore, the growing middle class and rising disposable income in these countries are leading to a greater demand for modern transportation solutions, including smart escalators. Meanwhile, regions such as Latin America and the Middle East and Africa are expected to experience steady growth, fueled by improvements in public infrastructure and increasing urbanization efforts.

Opportunities

The smart escalator market is poised for significant opportunities driven by urbanization and technological advancements. As cities expand and the demand for efficient vertical transportation grows, there is an increasing need for innovative escalator solutions that can handle high volumes of foot traffic. This presents a prime opportunity for manufacturers to develop and introduce advanced escalators that integrate smart technologies such as IoT and AI to monitor usage patterns and optimize performance. Additionally, as sustainability becomes an essential consideration for businesses and consumers alike, there is a growing potential for energy-efficient escalators that offer long-term cost savings and environmental benefits. Companies that invest in research and development to create scalable and flexible escalator solutions may find themselves well-positioned to capture market share in the coming years.

Furthermore, the ongoing focus on public health and safety, particularly in light of recent global events, has created an opportunity for touchless escalators that minimize contact and enhance hygiene. This trend is likely to gain traction in high-traffic areas such as airports, malls, and hospitals, where ensuring cleanliness is crucial. Moreover, as governments worldwide prioritize infrastructure development, there will be increasing investments in transportation and commercial buildings, further boosting the demand for smart escalators. The convergence of these trends indicates a robust landscape for growth, with businesses able to leverage these opportunities to provide cutting-edge solutions that meet evolving consumer needs.

Threats

The smart escalator market faces several threats that could potentially impact its growth trajectory. One significant concern is the rapidly evolving technology landscape, which requires manufacturers to continuously innovate to stay competitive. Companies that fail to adapt to new technological advancements or do not invest adequately in R&D may find themselves losing market share to more agile competitors. Additionally, the increasing prevalence of economic fluctuations could affect construction budgets and timelines, leading to delays in infrastructure projects that incorporate smart escalators. This could result in reduced demand and revenue for manufacturers, particularly in regions where economic stability is uncertain.

Moreover, safety concerns and regulations associated with escalators can pose challenges for manufacturers. Stricter safety standards may necessitate additional investments in compliance, impacting profit margins. Companies must ensure that their products meet both local and international safety regulations, which can vary significantly, adding complexity to product development and market entry strategies. Furthermore, the threat of substitution from alternative vertical transportation methods, such as elevators and lifts, presents a challenge, particularly in low-rise buildings where escalators may not be the most efficient solution. Addressing these threats will require proactive strategies from industry players to sustain growth and maintain competitiveness.

Competitor Outlook

• Otis Elevator Company
• Schindler Group
• KONE Corporation
• Thyssenkrupp AG
• Hitachi, Ltd.
• Mitsubishi Electric Corporation
• Fujitec Co., Ltd.
• Johnson Lifts
• Zhejiang Meilun Elevator Co., Ltd.
• Hyundai Elevator Co., Ltd.
• Stannah Lifts Holdings Ltd.
• Toshiba Elevator and Building Systems Corporation
• Sigma Elevators
• Dover Corporation
• Orona S. Coop.

The competitive landscape of the smart escalator market is characterized by the presence of several key players who are vying for market share through innovation, strategic partnerships, and investment in research and development. Leading companies such as Otis Elevator Company and KONE Corporation are at the forefront, consistently introducing state-of-the-art technologies that enhance safety, efficiency, and user experience. Otis, for instance, has made significant advancements in IoT integration, allowing for predictive maintenance and smart monitoring of escalators, which positions the company favorably in a market increasingly focused on smart solutions. Similarly, KONE's commitment to sustainability through energy-efficient escalators aligns with the growing demand for eco-friendly building solutions, providing them a competitive edge.

Other notable players, such as Schindler Group and Thyssenkrupp AG, are also leveraging their global presence and extensive experience in the market to expand their offerings and enter new regions. Schindler has been investing in digital transformation initiatives, enhancing its product portfolio with advanced technologies that cater to various applications. Meanwhile, Thyssenkrupp AG is focusing on tailored solutions for diverse environments, ensuring that they remain competitive in a rapidly evolving industry. These companies are not only enhancing their product ranges but are also exploring collaboration opportunities with technology firms to integrate cutting-edge advancements into their escalator systems.

Furthermore, emerging players and regional manufacturers are beginning to carve out niches in specific markets, often competing on price and localized solutions. For instance, companies like Johnson Lifts and Fujitec Co., Ltd. are gaining traction in Asia and the Middle East by providing customized escalator solutions that meet the unique requirements of local infrastructure projects. As the competition intensifies, companies will need to implement effective marketing strategies and leverage customer feedback to enhance their offerings. The influx of new entrants into the market signifies a dynamic landscape where innovation and adaptability are key to sustaining growth and achieving market leadership.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Hitachi, Ltd.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Johnson Lifts
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Orona S. Coop.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Schindler Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Sigma Elevators
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Thyssenkrupp AG
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 KONE Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Dover Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Fujitec Co., Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Otis Elevator Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Hyundai Elevator Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Stannah Lifts Holdings Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Mitsubishi Electric Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Zhejiang Meilun Elevator Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Toshiba Elevator and Building Systems Corporation
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Smart Escalator Market, By Type
    • 6.1.1 Parallel Escalator
    • 6.1.2 Crisscross Escalator
    • 6.1.3 Spiral Escalator
    • 6.1.4 Moving Walkways
    • 6.1.5 Customized Escalator
  • 6.2 Smart Escalator Market, By User
    • 6.2.1 Passenger
    • 6.2.2 Freight
  • 6.3 Smart Escalator Market, By Application
    • 6.3.1 Commercial Buildings
    • 6.3.2 Transportation Hubs
    • 6.3.3 Retail Centers
    • 6.3.4 Hospitals
    • 6.3.5 Hotels

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Smart Escalator Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Smart Escalator market is categorized based on

By Type

• Parallel Escalator
• Crisscross Escalator
• Spiral Escalator
• Moving Walkways
• Customized Escalator

By Application

• Commercial Buildings
• Transportation Hubs
• Retail Centers
• Hospitals
• Hotels

By User

• Passenger
• Freight

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Otis Elevator Company
• Schindler Group
• KONE Corporation
• Thyssenkrupp AG
• Hitachi, Ltd.
• Mitsubishi Electric Corporation
• Fujitec Co., Ltd.
• Johnson Lifts
• Zhejiang Meilun Elevator Co., Ltd.
• Hyundai Elevator Co., Ltd.
• Stannah Lifts Holdings Ltd.
• Toshiba Elevator and Building Systems Corporation
• Sigma Elevators
• Dover Corporation
• Orona S. Coop.