Projected market size of elevators and escalators 2023-2028

Published by

May 19, 2024

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)

Characteristic	Market size in billion U.S. dollars
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Release date

May 2024

More information

Region

Worldwide

Survey time period

2023

Supplementary notes

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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