The worldwide market for elevators and escalators was sized at some 85.2 billion U.S. dollars in 2023. It is projected that this market will increase in size in the following years, reaching the size of over 110.5 billion U.S. dollars in 2028.
Projected size of the global elevator and escalator market between 2023 and 2028
(in billion U.S. dollars)
For the Statista estimate an exponential development of the values between 2023 and 2028 was assumed to estimate the annual values. The values for 2023 and 2028 were provided by the source.
*Forecast.
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Statista. (May 19, 2024). Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 21, 2025, from https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed
Statista. "Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars)." Chart. May 19, 2024. Statista. Accessed January 21, 2025. https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed
Statista. (2024). Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 21, 2025. https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed
Statista. "Projected Size of The Global Elevator and Escalator Market between 2023 and 2028 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 May 2024, https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed
Statista, Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed (last visited January 21, 2025)
Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars) [Graph], Statista, May 19, 2024. [Online]. Available: https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/?__sso_cookie_checker=failed
