Escalators Market Size Worth USD 5.69 Billion by 2025 | CAGR: 5.8%
The Escalators market is expected to grow at CAGR of 5.8% to reach USD 5.69 billion by 2025.
Escalators are defined as a power-driven mechanical device that consist a set of staircase arranged with a belt that ascend and descend continuously. These devices are commonly used in buildings where the movement of a large number of people is required, such as airports, shopping centres, exhibition halls, transit systems, hotels, arenas, and public buildings. Normally, there are three basic configurations are used for escalator systems namely Parallel, Multiple parallel and Criss-cross. The worldwide industry is majorly driven by the supporting factors such as changing demographics, rapid urbanization coupled with increasing constructional activities all over the globe. On the flip side, high initial cost of installation will hamper the industry development to some extent.
Top Key Players Covered in this report –
- ThyssenKrupp AG
- FUJITEC
- Hitachi Ltd.
- KONE Corporation
- Mitsubishi Electric Corporation
- Hyundai Elevator Co., Ltd.
- Toshiba Corporation
- Electra Ltd.
- United Technologies
- Schindler
- Others
Based on types, the Escalators market is segmented into
- Multi-parallel
- Parallel
- Walkway
- Others
Browse 130 Tables and 38 Figures spread through over 150 Pages and in-depth TOC on ” Escalators Market, By Types (Multi-parallel, Parallel and Walkway) and Geography and Geography – Global Forecast to 2025“
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Escalators Market, by region is broadly analyzed into –
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Rest of Europe
- Asia Pacific
- India
- China
- Rest of APAC
- Rest of the World
- Middle East and Africa
- Latin America
Escalators Market Report Key Benefits –
- This escalators market research report covers all the regional and countries analysis of the world, which highlight the regional development status, including market value, size, as well as price data
- Besides, the proposed report covers segment data, including type, industry segment, channel segment, etc. provides different segment market values, growth prospects, future outlook and opportunities
- Also it covers different industries client’s information, which is very important for the manufacturers
- Additionally, this report covers the company’ data, including shipment, revenue, gross profit, business distribution, etc., which helps the consumer to know about the competitors better