Report overview
An elevator is an extremely complex system with hundreds of parts that must be maintained. One function of maintenance is ensuring continued operation by preventing excessive wear and breakdown.
This report aims to provide a comprehensive presentation of the global market for Elevator Maintenance & Repair, New Installation & Modernization, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator Maintenance & Repair, New Installation & Modernization. This report contains market size and forecasts of Elevator Maintenance & Repair, New Installation & Modernization in global, including the following market information:
Global Elevator Maintenance & Repair, New Installation & Modernization Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Elevator Maintenance & Repair, New Installation & Modernization market was valued at US$ 7799.3 million in 2022 and is projected to reach US$ 9695.7 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Otis is the largest manufacturer. Its revenue of global market exceeds 14.22% in 2018. The next is KONE and Hitachi.
We surveyed the Elevator Maintenance & Repair, New Installation & Modernization companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elevator Maintenance & Repair, New Installation & Modernization Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Elevator Maintenance & Repair, New Installation & Modernization Market Segment Percentages, by Type, 2022 (%)
Maintenance & Repair
New Installation
Modernization
Others
Global Elevator Maintenance & Repair, New Installation & Modernization Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Elevator Maintenance & Repair, New Installation & Modernization Market Segment Percentages, by Application, 2022 (%)
Commercial
Residential
Others
Global Elevator Maintenance & Repair, New Installation & Modernization Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Elevator Maintenance & Repair, New Installation & Modernization Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Elevator Maintenance & Repair, New Installation & Modernization revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Elevator Maintenance & Repair, New Installation & Modernization revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Otis
KONE
Hitachi
Fujitec
Bagby Elevator Company
Syney Electric
Schindler Elevator Corporation
D&D Elevator
EMR Elevator
Orona
Eastern Elevators Group
Mid-American Elevator
HISA
Century Elevator (BrandSafway)
Asheville Elevator
Brandywine Elevator Company
Veterans Development
Warren Elevator
Pickerings Lifts
Potomac Elevator Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Elevator Maintenance & Repair, New Installation & Modernization, market overview.
Chapter 2: Global Elevator Maintenance & Repair, New Installation & Modernization market size in revenue.
Chapter 3: Detailed analysis of Elevator Maintenance & Repair, New Installation & Modernization company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Elevator Maintenance & Repair, New Installation & Modernization in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
