Poland Elevator and Escalator Market (2020-2026) | Industry, Size, Forecast, Growth, Revenue, Analysis, Share, Value, Trends, Outlook & COVID-19 IMPACT

Poland Elevator And Escalator Market | Country-Wise Share and Competition Analysis

In the year 2021, Spain was the largest exporter in terms of value, followed by Slovakia. It has registered a growth of 16.27% over the previous year. While Slovakia registered a growth of 22.12% as compared to the previous year. In the year 2017, Slovakia was the largest exporter followed by Italy. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Poland has a Herfindahl index of 2000 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2183 which signifies moderately concentrated in the market.

Poland Elevator And Escalator Market - Export Market Opportunities

Latest 2023 Developments of the Poland Elevator and Escalator Market

The Poland Elevator and Escalator Market is one of the significant markets and the sector is experiencing major developments which are helping it to grow well. One key development aiding the market to grow well is the rising popularity of high-rise buildings and owing to this, there is a boost in demand for efficient vertical transportation systems. The use of advanced technologies like AI (Artificial Intelligence) and IoT (Internet of Things) is another prominent development of the sector. These technologies enable elevators and escalators to run more efficiently with data-driven analysis which optimizes performance and reduces energy consumption. The rising focus on safety features is another development of the market. Manufacturers implement smart sensors which detect potential hazards or any abnormalities, ensuring the safety of passengers and it helps in stimulating the Poland Elevator and Escalator Market Growth.

Topics Covered in Poland Elevator And Escalator Market

The Poland Elevator And Escalator Market report thoroughly cover the market by types, services, and end-user. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Poland Elevator And Escalator Market is projected to grow over the coming years. Poland Elevator And Escalator Market report is a part of our periodical regional publication Asia Pacific Elevator And Escalator Market Outlook report. 6W tracks the elevator and escalator market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Elevator And Escalator Market outlook report annually.

Poland Elevator and Escalator Market Synopsis

The Poland Elevator and Escalator Market are projected to register significant growth in the upcoming years on the back of growing urbanization, growing construction activities as well as government initiatives.

According to 6Wresearch, Poland Elevator and Escalator Market size is projected to grow during 2020-2026. The industry has witnessed faster growth and it is ready to attain significant growth due to a number of factors which include growing urbanization, growing construction activities as well as government initiatives. The sector will continue to grow in the future with the installation of advanced elevators and escalators becoming popular. Advanced technologies like AI (Artificial Intelligence) and IoT (Internet of Things) help the market to progress faster and expand the Poland Elevator And Escalator Market Share. The market is also confronting some of the challenges which are required to be addressed for sustainable growth in the market. Lack of skilled labor, safety concerns related to malfunctions and accidents, and high maintenance costs linked with elevators and escalators are the challenges facing the market.

COVID-19 Impact on Poland Elevator and Escalator Industry

The pandemic caused a number of disruptions to the market. The restrictions implemented by the government in order to control the virus spread have resulted in interruptions in project timelines, decreased demand for new installations, as well as financial losses for players in the market. People started staying at their homes and companies enabled their employees to work from home owing to the social distancing measures, and, as a result, owners of the buildings postponed their modernization and they even canceled them, and this significantly affected the demand for elevators and escalators. The market is now coming out of the impacts of the pandemic.

Major Players in the Poland Elevator and Escalator Market

Some of the major players in the market include:

• OTIS Elevator Company
• Schindler Group
• KONE Corporation
• Thyssenkrupp AG
• Mitsubishi Electric Corporation
• Fujitec Co., Ltd.

Market by Types

According to Ravi Bhandari, Research Head, 6Wresearch, the escalator segment registered the largest share in the sector, and a similar segment is projected to attain the largest share in the market.

Market by Services

Based on services, the Elevator and Escalator Market in Poland is fragmented into Maintenance & Repair, New Installation, and Modernization. The new installation will attain the largest share

Market by End-User

Based on end-user, the sector is fragmented into Residential, Commercial, and Public and the commercial segment will have dominance on the market.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Poland Elevator and Escalator Market Outlook
• Market Size of Poland Elevator and Escalator Market, 2019
• Forecast of Poland Elevator and Escalator Market, 2026
• Historical Data and Forecast of Poland Elevator and Escalator Revenues & Volume for the Period 2016 - 2026
• Poland Elevator and Escalator Market Trend Evolution
• Poland Elevator and Escalator Market Drivers and Challenges
• Poland Elevator and Escalator Price Trends
• Poland Elevator and Escalator Porter's Five Forces
• Poland Elevator and Escalator Industry Life Cycle
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Types for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Services for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By End-User for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Residential for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Historical Data and Forecast of Poland Elevator and Escalator Market Revenues & Volume By Public for the Period 2016 - 2026
• Poland Elevator and Escalator Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Services
• Market Opportunity Assessment By End-User
• Poland Elevator and Escalator Top Companies Market Share
• Poland Elevator and Escalator Competitive Benchmarking By Technical and Operational Parameters
• Poland Elevator and Escalator Company Profiles
• Poland Elevator and Escalator Key Strategic Recommendations

Market Scope and Segmentation

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

By Types

• Elevator
• Escalator
• Moving Walkways

By Services

• Maintenance & Repair
• New Installation
• Modernization

By End-User

• Residential
• Commercial
• Public

Poland Elevator and Escalator Market: FAQs