| Product Code: ETC13270459 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Escalators Moving Walkways Market was valued at USD 15.1 Billion in 2024 and is expected to reach USD 22.4 Billion by 2031, growing at a compound annual growth rate of 6.44% during the forecast period (2025-2031).
The Global Escalators Moving Walkways Market is experiencing steady growth driven by urbanization, increasing infrastructure development, and a growing focus on enhancing public transportation systems worldwide. Key players in the market are continuously innovating to improve safety features, energy efficiency, and reliability of escalators and moving walkways. Asia Pacific region dominates the market due to rapid urbanization and infrastructure development in countries like China and India. The market is witnessing a shift towards smart escalators and moving walkways integrated with IoT technology for better monitoring and maintenance. Increasing demand for eco-friendly and energy-efficient solutions is also influencing market trends. Overall, the Global Escalators Moving Walkways Market is expected to continue its growth trajectory in the coming years, driven by urban expansion and modernization efforts globally.
The Global Escalators Moving Walkways Market is witnessing a trend towards smart escalators and moving walkways equipped with IoT technology for real-time monitoring and maintenance. Energy-efficient solutions are also gaining traction, driven by increasing awareness of sustainability. The market is experiencing opportunities in urban infrastructure development projects, particularly in emerging economies where rapid urbanization is driving the demand for efficient transportation systems. The integration of advanced safety features and customization options to cater to specific requirements of different end-users is another key opportunity for market growth. Additionally, the rise of smart cities and the increasing focus on enhancing passenger experience in public spaces are expected to further drive the growth of the escalators and moving walkways market globally.
The Global Escalators Moving Walkways Market faces several challenges, including high initial installation costs that deter some potential buyers, especially in emerging markets. Additionally, the maintenance and repair costs associated with escalators and moving walkways can be significant over their lifespan, impacting the overall profitability for businesses operating in this market. Safety concerns and regulations also pose challenges, as ensuring compliance with safety standards and regulations can be complex and costly for manufacturers and operators. Moreover, the global economic conditions and fluctuations in construction activity can affect the demand for new installations, leading to uncertain market growth prospects. Overall, navigating these challenges requires companies in the Global Escalators Moving Walkways Market to innovate, streamline operations, and adapt to changing market dynamics effectively.
The Global Escalators Moving Walkways Market is primarily driven by urbanization and the increasing need for efficient transportation solutions in busy metropolitan areas. The growing number of commercial spaces, airports, shopping malls, and metro stations are fueling the demand for escalators and moving walkways to improve passenger flow and accessibility. Additionally, advancements in technology such as smart escalators with features like energy efficiency and predictive maintenance are also contributing to market growth. Rising safety concerns and regulations regarding the installation and maintenance of escalators are further propelling the market as organizations prioritize passenger safety. Overall, the market is expected to continue expanding due to urban development projects and the focus on enhancing public infrastructure worldwide.
Government policies related to the Global Escalators Moving Walkways Market include regulations on safety standards, building codes, and environmental impact assessment. Many countries have specific requirements for the design, installation, and operation of escalators and moving walkways to ensure the safety of users and compliance with accessibility guidelines. Additionally, there may be regulations concerning energy efficiency and emissions to promote sustainability in the industry. Government policies also govern the procurement process for public infrastructure projects, which can impact the demand for escalators and moving walkways in sectors such as transportation hubs, shopping malls, and airports. Overall, compliance with government policies is crucial for manufacturers, suppliers, and operators in the Global Escalators Moving Walkways Market to meet regulatory standards and ensure market competitiveness.
The Global Escalators Moving Walkways Market is expected to witness steady growth in the coming years due to increasing urbanization, infrastructural development, and the growing demand for efficient transportation solutions in public spaces such as airports, shopping malls, and metro stations. Technological advancements, such as the integration of smart features and energy-efficient designs, are also likely to drive market growth. Additionally, the rising focus on enhancing passenger safety and comfort will further contribute to the market expansion. However, challenges such as high initial costs and maintenance requirements may hinder the market growth to some extent. Overall, the market is projected to experience moderate growth with key players focusing on innovation and strategic partnerships to stay competitive in the evolving landscape.
In the global escalators and moving walkways market, Asia is expected to witness significant growth due to rapid urbanization and infrastructure development in countries like China and India. North America is forecasted to show steady demand driven by modernization of existing infrastructure and increasing focus on sustainability. Europe is likely to see a moderate growth rate as countries prioritize energy-efficient solutions and passenger safety. The Middle East and Africa region is anticipated to experience steady growth with increasing investments in transportation infrastructure, particularly in the GCC countries. Latin America is expected to show moderate growth with rising urbanization and commercial construction projects in countries like Brazil and Mexico. Overall, the global market for escalators and moving walkways is projected to expand, driven by urbanization, technological advancements, and increasing focus on passenger convenience.
Global Escalators Moving Walkways Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Escalators Moving Walkways Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Escalators Moving Walkways Market Revenues & Volume, 2021 & 2031F |
3.3 Global Escalators Moving Walkways Market - Industry Life Cycle |
3.4 Global Escalators Moving Walkways Market - Porter's Five Forces |
3.5 Global Escalators Moving Walkways Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Escalators Moving Walkways Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Escalators Moving Walkways Market Revenues & Volume Share, By Business, 2021 & 2031F |
3.8 Global Escalators Moving Walkways Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Escalators Moving Walkways Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Escalators Moving Walkways Market Trends |
6 Global Escalators Moving Walkways Market, 2021 - 2031 |
6.1 Global Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Escalators Moving Walkways Market, Revenues & Volume, By Escalators, 2021 - 2031 |
6.1.3 Global Escalators Moving Walkways Market, Revenues & Volume, By Parallel, 2021 - 2031 |
6.1.4 Global Escalators Moving Walkways Market, Revenues & Volume, By Multi-parallel, 2021 - 2031 |
6.1.5 Global Escalators Moving Walkways Market, Revenues & Volume, By Others, 2021 - 2031 |
6.1.6 Global Escalators Moving Walkways Market, Revenues & Volume, By Moving Walkways, 2021 - 2031 |
6.2 Global Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Escalators Moving Walkways Market, Revenues & Volume, By New Equipment, 2021 - 2031 |
6.2.3 Global Escalators Moving Walkways Market, Revenues & Volume, By Maintenance, 2021 - 2031 |
6.2.4 Global Escalators Moving Walkways Market, Revenues & Volume, By Modernization, 2021 - 2031 |
6.3 Global Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Escalators Moving Walkways Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.3.3 Global Escalators Moving Walkways Market, Revenues & Volume, By Public Transit, 2021 - 2031 |
6.3.4 Global Escalators Moving Walkways Market, Revenues & Volume, By Airports, 2021 - 2031 |
6.3.5 Global Escalators Moving Walkways Market, Revenues & Volume, By Institution, 2021 - 2031 |
6.3.6 Global Escalators Moving Walkways Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Escalators Moving Walkways Market, Overview & Analysis |
7.1 North America Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
7.2 North America Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
7.5 North America Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Escalators Moving Walkways Market, Overview & Analysis |
8.1 Latin America (LATAM) Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
8.5 Latin America (LATAM) Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Escalators Moving Walkways Market, Overview & Analysis |
9.1 Asia Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
9.5 Asia Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Escalators Moving Walkways Market, Overview & Analysis |
10.1 Africa Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
10.5 Africa Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Escalators Moving Walkways Market, Overview & Analysis |
11.1 Europe Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
11.5 Europe Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Escalators Moving Walkways Market, Overview & Analysis |
12.1 Middle East Escalators Moving Walkways Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Escalators Moving Walkways Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Escalators Moving Walkways Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Escalators Moving Walkways Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Escalators Moving Walkways Market, Revenues & Volume, By Business, 2021 - 2031 |
12.5 Middle East Escalators Moving Walkways Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Escalators Moving Walkways Market Key Performance Indicators |
14 Global Escalators Moving Walkways Market - Export/Import By Countries Assessment |
15 Global Escalators Moving Walkways Market - Opportunity Assessment |
15.1 Global Escalators Moving Walkways Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Escalators Moving Walkways Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Escalators Moving Walkways Market Opportunity Assessment, By Business, 2021 & 2031F |
15.4 Global Escalators Moving Walkways Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Escalators Moving Walkways Market - Competitive Landscape |
16.1 Global Escalators Moving Walkways Market Revenue Share, By Companies, 2024 |
16.2 Global Escalators Moving Walkways Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |