Latin America Elevator and Escalator Market (2017-2023)

Name: Latin America Elevator and Escalator Market (2017-2023) - Size, Share, Growth & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: elevator and escalator market, Latin America elevator and escalator market, Latin America elevator and escalator market report, Latin America elevator and escalator market outlook, Latin America elevator and escalator market trends

Latin America Elevator and Escalator Market (2017-2023) | Revenue, Share, Outlook, Size, Growth, Companies, Forecast, Industry, Trends, Value & Analysis

Market Forecast By Segments (Elevators (Low-Rise, Mid-Rise & High-Rise) and Escalator (Moving Stairs & Moving Walkways)), Services (New installation, Maintenance & Modernization) and Countries Covered (Brazil, Mexico, Argentina & Other Countries) and Competitive Landscape

Product Code: ETC000385	Publication Date: Nov 2021	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 153	No. of Figures: 106	No. of Tables: 12

Projected growth in the construction market, upcoming new hotels & shopping malls coupled with growing government spending on infrastructural development projects, and increasing inflow of FDI in the construction and retail sectors propelled the market for elevators and escalators in Latin America. Elevators accounted for the majority of the market share by volume in overall Latin America Elevator & Escalator market share owing to high installation in residential, hospitality, and commercial verticals. However, escalators are projected to grow at a higher CAGR during 2017-2023, primarily due to growing airports, metros, and railway development projects in Latin America.

According to 6Wresearch, Latin America Elevator & Escalator market size is projected to grow at a CAGR of 6.5% during 2017-23. In the last two years, the market registered slow growth due to falling government spending owing to a decline in government revenues. The market is anticipated to register growth on the back of improving economic conditions in Brazil. A growing aging population, urbanization rate, and increasing installation of elevators in the residential sector in the Latin America region are posting growth in the overall market of Elevator and Escalator market. Amongst all the elevator segments, mid-rise building elevators acquired the highest revenue share of the market. Over the next six years, the low-rise elevator segment would register key Latin America Elevator & Escalator market forecast revenues.

In Latin America, Brazil held a major market for Elevator and Escalator systems in terms of revenues owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, Argentina and Mexico are expected to register higher growth in the Latin America region.

The Latin America Elevator & Escalator market report thoroughly covers the market by types, by services, and by regions. The Latin America Elevator & Escalator market outlook report provides an unbiased and detailed analysis of the ongoing Latin America Elevator & Escalator market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Historical Data & Forecast of Global Elevator & Escalator Market for the Period 2014-2023
• Latin America Elevator & Escalator Market Size and Latin America Elevator & Escalator Market Forecast
• Latin America Elevator & Escalator Market Overview
• Latin America Elevator & Escalator Market Outlook
• Historical Data & Forecast of Latin America Elevator & Escalator Market Revenue for the Period 2014-2023
• Historical Data & Forecast of Latin America Elevator & Escalator Market Revenue for the Period 2014-2023
• Historical Data & Forecast of Latin America Elevator & Escalator Market Volume for the Period 2014-2023
• Historical Data & Forecast of Brazil Elevator & Escalator Market Revenue for the Period 2014-2023
• Historical Data & Forecast of Brazil Elevator & Escalator Market Volume for the Period 2014-2023
• Historical Data & Forecast of Brazil Elevator & Escalator Market Revenue Share, By Types,
Services & Regions for 2016 & 2023
• Historical Data & Forecast of Mexico Elevator & Escalator Market Revenue for the Period 2014-2023
• Historical Data & Forecast of Mexico Elevator & Escalator Market Volume for the Period 2014-2023
• Historical Data & Forecast of Mexico Elevator & Escalator Market Revenue Share, By Types,
Services & Regions for 2016 & 2023
• Historical Data & Forecast of Argentina Elevator & Escalator Market Revenue for the Period 2014-2023
• Historical Data & Forecast of Argentina Elevator & Escalator Market Volume for the Period 2014-2023
• Historical Data & Forecast of Argentina Elevator & Escalator Market Revenue Share, By Types,
Services & Regions for 2016 & 2023
• Market Drivers, Restraints
• Latin America Elevator & Escalator Market Trends
• Latin America Elevator & Escalator Market Share, By Players and
• Latin America Elevator & Escalator Market Overview on Competitive Landscape
• Key Strategic Pointers

Markets Covered

The report provides a detailed analysis of the following market segments:

• Segments

o Elevators
?Low-Rise
?Mid-Rise
?High-Rise
o Escalator
?Moving Stairs
?Moving Walkways
• Services
o New installation
o Maintenance
o Modernization
• Countries Covered

o Brazil
o Mexico
o Argentina
o Other Countries

Other Key Reports Include:

• Brazil Elevator & Escalator Market Report
• Mexico Elevator & Escalator Market Report
• Argentina Elevator & Escalator Market Report

Frequently Asked Questions About the Market Study (FAQs):

How does 6Wresearch market report help businesses in making strategic decisions?

Do you also provide customisation in the market study?

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 Assumption

3. Global Elevator & Escalator Market Overview

3.1 Global Elevator & Escalator Market Revenues (2014-2023F)

3.2 Global Elevator & Escalator Market Volume (2014-2023F)

3.3 Global Elevator & Escalator Market Revenue Share, By Regions (2016)

4. Latin America Elevator & Escalator Market Overview

4.1 Latin America Elevator & Escalator Market Revenues (2014-2023F)

4.2 Latin America Elevator & Escalator Market Volume (2014-2023F)

4.3 Latin America Elevator & Escalator Market Industry Life Cycle

4.4 Latin America Elevator & Escalator Market Porter's Five Forces Analysis

4.5 Latin America Elevator & Escalator Market Revenue Share, By Types (2016 & 2023F)

4.6 Latin America Elevator & Escalator Market Revenue Share, By Services (2016 & 2023F)

4.7 Latin America Elevator & Escalator Market Revenue Share, By Regions (2016 & 2023F)

5. Latin America Elevator & Escalator Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.2.1 Growing Replacement Market

5.2.2 Increasing Number of Skyscrapers

5.2.3 Growing Tourism and Hospitality Sector

5.3 Market Restraints

5.3.1 High Cost

5.3.2 Lack of Skilled Labor Force

6. Latin America Elevator & Escalator Market Trends

6.1 Increasing Demand For the Customized Escalators

6.2 High Speed Double Decker Elevators

6.3 Growing Acceptance of Smart Elevators

7. Brazil Elevator and Escalator Market Overview

7.1. Brazil Elevator and Escalator Market Opportunity Matrix

7.2. Brazil Elevator and Escalator Market Overview and Analysis

7.3. Brazil Elevator and Escalator Market Revenue and Volume (2014-2023F)

7.4. Brazil Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

7.5. Brazil Elevator and Escalator Market Revenue Share, By Regions (2016 & 2023F)

7.6. Brazil Elevator Market Overview

7.6.1. Brazil Elevator Market Revenues Overview and Analysis

7.6.2. Brazil Elevator Market Revenue and Volume (2014-2023F)

7.6.3. Brazil Elevator Market Revenues, By Types (2014-2023F)

7.7. Brazil Escalator Market Overview

7.7.1. Brazil Escalator Market Overview and Analysis

7.7.2. Brazil Escalator Market Revenues and Volume (2014-2023F)

7.7.3. Brazil Escalator Market Revenues, By Types (2014-2023F)

7.8. Brazil Elevator and Escalator Service Market Revenue Overview (2014-2023F)

7.9. Brazil Elevator and Escalator Market Revenue Overview, By Regions (2014-2023F)

7.10. Brazil Elevator & Escalator Market Revenue Share, By Companies (2016)

8. Mexico Elevator and Escalator Market Overview

8.1 Mexico Elevator and Escalator Market Opportunity Matrix

8.2 Mexico Elevator and Escalator Market Overview and Analysis

8.3 Mexico Elevator and Escalator Market Revenue and Volume (2014-2023F)

8.4 Mexico Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

8.5 Mexico Elevator and Escalator Market Revenue Share, By Regions (2016 & 2023F)

8.6 Mexico Elevator Market Overview

8.6.1 Mexico Elevator Market Revenues Overview and Analysis

8.6.2 Mexico Elevator Market Revenue and Volume (2014-2023F)

8.6.3 Mexico Elevator Market Revenues, By Types (214-2023F)

8.7 Mexico Escalator Market Overview

8.7.1 Mexico Escalator Market Overview and Analysis

8.7.2 Mexico Escalator Market Revenues and Volume (2014-2023F)

8.7.3 Mexico Escalator Market Revenues, By Types (2014-2023F)

8.8 Mexico Elevator and Escalator Service Market Revenue Overview (2014-2023F)

8.9 Mexico Elevator and Escalator Market Revenue Overview, By Regions (2014-2023F)

8.10 Mexico Elevator & Escalator Market Revenue Share, By Companies (2016)

9. Argentina Elevator and Escalator Market Overview

9.1 Argentina Elevator and Escalator Market Opportunity Matrix

9.2 Argentina Elevator and Escalator Market Overview and Analysis

9.3 Argentina Elevator and Escalator Market Revenue and Volume (2014-2023F)

9.4 Argentina Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

9.5 Argentina Elevator and Escalator Market Revenue Share, By Regions (2016 & 2023F)

9.6 Argentina Elevator Market Revenue Overview

9.6.1 Argentina Elevator Market Revenues Overview and Analysis

9.6.2 Argentina Elevator Market Revenue and Volume (2014-2023F)

9.6.3 Argentina Elevator Market Revenues, By Types (2014-2023F)

9.7 Argentina Escalator Market Revenue Overview

9.7.1 Argentina Escalator Market Overview and Analysis

9.7.2 Argentina Escalator Market Revenues and Volume (2014-2023F)

9.7.3 Argentina Escalator Market Revenues, By Types (2014-2023F)

9.8 Argentina Elevator and Escalator Service Market Revenue Overview (2014-2023F)

9.9 Argentina Elevator and Escalator Market Revenue Overview, By Regions (2014-2023F)

9.10 Argentina Elevator & Escalator Market Revenue Share, By Companies (2016)

10. Other Countries Elevator and Escalator Market Overview

10.1 Other Countries Elevator and Escalator Market Revenue and Volume (2014-2023F)

10.2 Other Countries Elevator and Escalator Market, By Types

10.2.1 Other Countries Elevator Market Revenue and Volume (2014-2023F)

10.2.2 Other Countries Escalator Market Revenues and Volume (2014-2023F)

11. Company Profiles

11.1 Hitachi. Ltd

11.2 KONE Corporation

11.3 Otis Elevator Co

11.4 Schindler Holding Ltd

11.5 ThyssenKrupp AG

12. Key Strategic Pointers

13. Disclaimer

List of Figures

1. Global Elevator and Escalator Market Revenues, 2014-2023F ($ Billion)

2. Global Elevator and Escalator Market Volume, 2014-2023F (Million Units)

3. Global Elevator and Escalator Market Revenue Share, By Regions (2016)

4. Latin America Elevator and Escalator Market Revenues, 2014-2023F ($ Billion)

5. Latin America Annual GDP Growth, By Countries, 2014-2022F (%)

6. Latin America Elevator and Escalator Market Volume, 2014-2023F (Thousand Units)

7. Latin America Elevator and Escalator Market Industry Life Cycle (2016 )

8. Latin America Elevator and Escalator Market Porter's Five Forces (2016 )

9. Latin America Elevator and Escalator Market Revenue Share, By Types (2016 )

10. Latin America Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F )

11. Latin America Elevator and Escalator Market Revenue Share, By Countries (2016 & 2023F)

12. Number of International Tourist Arrivals in Mexico, Brazil, and Argentina, 2013-2016 (Million Visitors)

13. Brazil Elevator Market Opportunity Matrix, By Types (2023F)

14. Brazil Escalator Market Opportunity Matrix, By Types (2023F)

15. Brazil Elevator and Escalator Market Revenues, 2014-2023F ($ Billion)

16. Brazil Elevator and Escalator New Installation Market Volume, 2014-2023F (Thousand Units)

17. Brazil Annual GDP Growth, 2014-2022F (Percentage)

18. Brazil Construction Market Revenue, 2014-2020F ($ Billion)

19. Brazil Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

20. Brazil Elevator and Escalator Market Revenue Share, By Region (2016 & 2023F)

21. Brazil Elevator Market Revenues, 2014-2023F ($ Million)

22. Brazil Elevator New Installation Market Volume, 2014-2023F (Thousand Units)

23. Brazil Low Rise Elevator Market Revenues, 2014-2016 ($ Million)

24. Brazil Low Rise Elevator Market Revenue, 2017-2023F ($ Million)

25. Brazil Mid Rise Elevator Market Revenues, 2014-2016 ($ Million)

26. Brazil Mid Rise Elevator Market Revenue, 2017-2023F ($ Million)

27. Brazil High Rise Elevator Market Revenues, 2014-2016 ($ Million)

28. Brazil High Rise Elevator Market Revenue, 2017-2023F ($ Million)

29. Brazil Retail Market Revenue, 2014-2020 ($ Billion)

30. Brazil Escalator Market Revenues, 2014-2023F ($ Million)

31. Brazil Escalator New Installation Market Volume, 2014-2023F (Units)

32. Brazil Moving Stairs Escalator Market Revenues, 2014-2016 ($ Million)

33. Brazil Moving Stairs Escalator Market Revenue, 2017-2023F ($ Million)

34. Brazil Moving Walkways Escalator Market Revenues, 2014-2016 ($ Million)

35. Brazil Moving Walkways Escalator Market Revenue, 2017-2023F ($ Million)

36. Northern Brazil Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

37. North Eastern Brazil Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

38. South Brazil Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

39. South Eastern Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

40. Central-Western Brazil Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

41. Brazil Elevator and Escalator Market Revenues, By Companies, 2016 ($ Million)

42. Brazil Elevator and Escalator Market Revenue Share, By Companies, 2016

43. Mexico Elevator Market Opportunity Matrix, By Types (2023F )

44. Mexico Escalator Market Opportunity Matrix, By Types (2023F )

45. Mexico Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

46. Mexico Elevator and Escalator New Installation Market Volume, 2014-2023F (Thousand Units)

47. Mexico Annual GDP Growth, 2014-2022F (Percentage)

48. Mexico Government Revenues and Expenditures, 2014-2022F (% of GDP)

49. Mexico Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

50. Mexico Elevator and Escalator Market Revenue Share, By Region (2016 & 2023F)

51. Mexico Elevator Market Revenues, 2014-2023F ($ Million)

52. Mexico Elevator New Installation Market Volume, 2014-2023F (Units)

53. Mexico Low Rise Elevator Market Revenues, 2014-2016 ($ Million)

54. Mexico Low Rise Elevator Market Revenue, 2017-2023F ($ Million)

55. Mexico Mid Rise Elevator Market Revenues, 2014-2016 ($ Million)

56. Mexico Mid Rise Elevator Market Revenue, 2017-2023F ($ Million)

57. Mexico High Rise Elevator Market Revenues, 2014-2016 ($ Million)

58. Mexico High Rise Elevator Market Revenue, 2017-2023F ($ Million)

59. Mexico General Retails Market Revenue, By Channel Group, 2013-2018 ($ Million)

60. Mexico Escalator Market Revenues, 2014-2023F ($ Million)

61. Mexico Escalator New Installation Market Volume, 2014-2023F (Units)

62. Mexico Moving Stairs Escalator Market Revenues, 2014-2016 ($ Million)

63. Mexico Moving Stairs Escalator Market Revenue, 2017-2023F ($ Million)

64. Mexico Moving Walkways Escalator Market Revenues, 2014-2016 ($ Million)

65. Mexico Moving Walkways Escalator Market Revenue, 2017-2023F ($ Million)

66. Northern Mexico Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

67. Central Territory Mexico Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

68. South Mexico Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

69. Mexico Elevator and Escalator Market Revenues, By Companies, 2016 ($ Million)

70. Mexico Elevator and Escalator Market Revenue Share, By Companies, 2016

71. Argentina Elevator Market Opportunity Matrix, By Types (2023F )

72. Argentina Escalator Market Opportunity Matrix, By Types (2023F )

73. Argentina Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

74. Argentina Elevator and Escalator New Installation Market Volume, 2014-2023F (Units)

75. Argentina Annual GDP Growth, 2014-2022F (Percentage)

76. Argentina Construction Market Revenue, 2014-2020F ($ Billion)

77. Argentina Elevator and Escalator Market Revenue Share, By Services (2016 & 2023F)

78. Argentina Elevator and Escalator Market Revenue Share, By Region (2016 & 2023F)

79. Argentina Elevator Market Revenues, 2014-2023F ($ Million)

80. Argentina Elevator New Installation Market Volume, 2014-2023F (Units)

81. Argentina Low Rise Elevator Market Revenues, 2014-2016 ($ Million)

82. Argentina Low Rise Elevator Market Revenue, 2017-2023F ($ Million)

83. Argentina Mid Rise Elevator Market Revenues, 2014-2016 ($ Million)

84. Argentina Mid Rise Elevator Market Revenue, 2017-2023F ($ Million)

85. Argentina High Rise Elevator Market Revenues, 2014-2016 ($ Million)

86. Argentina High Rise Elevator Market Revenue, 2017-2023F ($ Million)

87. Argentina Escalator Market Revenues, 2014-2023F ($ Million)

88. Argentina Escalator New Installation Market Volume, 2014-2023F (Units)

89. Argentina Moving Stairs Escalator Market Revenues, 2014-2016 ($ Million)

90. Argentina Moving Stairs Escalator Market Revenue, 2017-2023F ($ Million)

91. Argentina Moving Walkways Escalator Market Revenues, 2014-2016 ($ Million)

92. Argentina Moving Walkways Escalator Market Revenue, 2017-2023F ($ Million)

93. Argentina North West Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

94. Argentina Gran Chaco Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

95. Argentina Mesopotamia Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

96. Argentina Cuyo Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

97. Argentina Pampas Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

98. Argentina Patagonia Region Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

99. Argentina Elevator and Escalator Market Revenues, By Companies, 2016 ($ Million)

100. Argentina Elevator and Escalator Market Revenue Share, By Companies, 2016

101. Other Countries Elevator and Escalator Market Revenues, 2014-2023F ($ Million)

102. Other Countries Elevator and Escalator New Installation Market Volume, 2014-2023F (Units)

103. Other Countries Elevator Market Revenues, 2014-2023F ($ Million)

104. Other Countries Elevator New Installation Market Volume, 2014-2023F (Units)

105. Other Countries Escalator Market Revenues, 2014-2023F ($ Million)

106. Other Countries Escalator New Installation Market Volume, 2014-2023F (Units)

List of Tables

1. Elevator Equipment Life Cycle

2. Major Skyscrapers Constructed in Latin America (2016)

3. List of Double Decker Elevators, By Companies

4. Brazil Major Under Construction Projects

5. Brazil Major Proposed Construction Projects

6. Brazil Major High Rise Building Construction Projects To Be Completed In 2017

7. Brazil Elevator and Escalator Market Revenues, By Services, 2014-2023F ($ Million)

8. Mexico Major High Rise Building Construction Projects

9. Mexico Elevator and Escalator Market Revenues, By Services, 2014-2023F ($ Million)

10. Standard Moving Stairs Escalator Steps Width with Application

11. Argentina Elevator and Escalator Market Revenues, By Services, 2014-2023F ($ Million)

12. Other Countries High Rise Building under Construction Projects (2017)

Latin America Elevator and Escalator Market

Africa Elevator and Escalator Market

Africa Elevator And Escalator Market

Algeria Elevator and Escalator Market

Asia Elevator and Escalator Market

Asia Pacific Elevator and Escalator Market

Europe Elevator and Escalator Market

Global Elevator And Escalator Market

Middle East Elevator and Escalator Market Outlook

Middle East & North Africa (MENA) Elevator and Escalator Market

Singapore Elevator and Escalator Market

South and Southeast Asia Elevator & Escalator Market

Turkmenistan Elevator And Escalator Market

UAE Elevator and Escalator Market

Global Go To Market Strategy - 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

To discover high-growth global markets and optimize your business strategy:

Click Here