In 2021, the size of the global elevator market reached a value of 76.03 billion U.S. dollars. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of 3.64 percent from 2022 to 2027, reaching the size of 94.24 billion U.S. dollars in 2027.
Size of the global elevator market in 2021, with a forecast through 2027
(in billion U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Mobility Foresights. (February 28, 2022). Size of the global elevator market in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1365718/global-elevator-market-size/
Mobility Foresights. "Size of the global elevator market in 2021, with a forecast through 2027 (in billion U.S. dollars)." Chart. February 28, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1365718/global-elevator-market-size/
Mobility Foresights. (2022). Size of the global elevator market in 2021, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1365718/global-elevator-market-size/
Mobility Foresights. "Size of The Global Elevator Market in 2021, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1365718/global-elevator-market-size/
Mobility Foresights, Size of the global elevator market in 2021, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1365718/global-elevator-market-size/ (last visited December 23, 2024)
Size of the global elevator market 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/1365718/global-elevator-market-size/