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)
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Size of the global elevator market in 2021, with a forecast through 2027
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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 May 14, 2025, 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 May 14, 2025. 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: May 14, 2025. 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 May 14, 2025)
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/
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