Market revenue in 2024 | USD 10,077.2 million |
Market revenue in 2030 | USD 13,960.0 million |
Growth rate | 5.6% (CAGR from 2025 to 2030) |
Largest segment | Traction |
Fastest growing segment | Machine Room-Less Traction |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Hydraulic, Traction, Machine Room-Less Traction |
Key market players worldwide | TK Elevator, Schindler Holding AG, Konecranes Oyj, Hitachi Ltd, Hyundai Elevator, Mitsubishi Electric Corp, Toshiba Corporation, Fujitec, Aritco Lift, Emak, Sigma Elevators, Schumacher Elevator, ESCON Elevators, Canny Elevator |
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