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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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 July 22, 2024, from https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/
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 July 22, 2024. https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/
Statista. (2024). Projected size of the global elevator and escalator market between 2023 and 2028 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/261866/worldwide-sales-of-elevators-and-escalators/
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/
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/ (last visited July 22, 2024)
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/