In 2021, the size of the European elevator market reached a value of 10.88 billion U.S. dollars. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of four percent from 2022 to 2027, reaching the size of 13.77 billion U.S. dollars in 2027.
Size of the elevator market in Europe in 2021, with a forecast through 2027
(in billion U.S. dollars)
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Mobility Foresights. (February 28, 2022). Size of the elevator market in Europe in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 25, 2025, from https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed
Mobility Foresights. "Size of the elevator market in Europe in 2021, with a forecast through 2027 (in billion U.S. dollars)." Chart. February 28, 2022. Statista. Accessed January 25, 2025. https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed
Mobility Foresights. (2022). Size of the elevator market in Europe in 2021, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 25, 2025. https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed
Mobility Foresights. "Size of The Elevator Market in Europe in 2021, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed
Mobility Foresights, Size of the elevator market in Europe in 2021, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed (last visited January 25, 2025)
Size of the elevator market in Europe in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/1365719/europe-elevator-market-size/?__sso_cookie_checker=failed