Commercial, Residential, and Industrial Applications Drive...

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2025-10-14 12:33:04

Commercial, Residential, and Industrial Applications Drive Application-Specific Growth Across Elevators & Escalators Segments

The global elevators & escalators market, valued at USD 96.89 billion in 2024, is projected to expand at 3.1 % CAGR over the forecast horizon. This aggregate growth belies the deep variance in segment performance by product type (elevators, escalators, moving walkways), end-user industry (residential, commercial, infrastructure), service mode (new installation, modernization, maintenance),...

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