US Elevator And Escalator Market (2019-2025)

Market Forecast By Types (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairs, Moving Walks)), By Applications (Commercial, Residential, Industrial), By Services (Maintenance, Modernization) And Competitive Landscape.

Product Code: ETC001496 Publication Date: Sep 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 110 No. of Figures: 22 No. of Tables: 8

United States (US) Elevator and Escalator Market are projected to register sound revenues in the coming timeframe backed by an increased installation in the residential sector. Moreover, the growing construction projects like LaGuardia Airport Construction Projects, and O; Hare Airport Construction Project are some ongoing projects in the country that are estimated to leave a positive impact on the installation of the elevator and escalator which is further expected to spur the impressive growth of the US elevator and escalator market in the coming time zone.

US elevator and escalator market registered a constant growth in new installations during 2018-19 due to the completion of ongoing construction projects in the country. The elevator and escalator market in the country is expected to show modest growth on account of an increase in construction activities in the region. Further, the growing role of public-private partnerships in the areas of commercial and residential construction is expected to further support the growth of the elevator and escalator market over the coming years.

According to 6Wresearch, the US Elevator And Escalator Market size is projected to grow at a CAGR of 2.0% during 2019-25. The US elevator and escalator market are expected to show steady growth owing to government initiatives to move the country out of a phase of economic stagnation and boost investment outlook in the region. The construction sector in the United States is witnessing revival and is expected to show considerable growth over the coming years, thereby fostering the demand for elevators and escalators as well. The elevator segment captured major revenue share in the overall elevators and escalators market in the US in 2018, wherein the majority of the installations were witnessed in office spaces, residential, retail, transportation, and hospitality sectors. Amongst all elevator types, passenger elevators acquired the highest revenue share in the overall market.

The commercial application market is the leading revenue-generating segment in the US elevator and escalator market owing to an increase in the installation of elevators and escalators in the retail and transportation domain. Additionally, major hotel chains are expanding their presence across the country, and the setting up of large-scale government establishments and other social infrastructures are also strengthening the construction sector in the region. These would result in an increase in demand for elevators and escalators in the country in the near future.

In the US, the elevator segment held the majority of the market share in 2018, in terms of revenues, owing to increasing safety regulations along with rising demand for more technologically sophisticated products. The installation of elevators in a wide range of applications offers great potential for the elevators in the years to come.

The US elevator and escalator market report thoroughly covers the market by elevator types, escalator types, services types, and applications. The US elevator and escalator market outlook report provides an unbiased and detailed analysis of the ongoing US elevator and escalator 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.

The US elevator and escalator market are anticipated to garner significant revenues in the coming years on the back of the rising adoption of elevators and escalators in the residential domain in the country backed by the developments in the residential infrastructure which is leading to an increased demand for technically upgraded elevators in houses. Also, the focus of the country towards energy consumption and boosting green energy in the country is expected to trigger the sound growth of the US elevator and escalator market in the upcoming six years and provide great investment avenues for potential investors in the market in the coming timeframe.

Key Highlights of the Report

  • US Elevator and Escalator Market Overview
  • US Elevator and Escalator Market Outlook
  • US Elevator and Escalator Market Forecast
  • US Elevator and Escalator Market Size and Historical Data of US Elevator and Escalator Market Revenues & Volume for the Period 2015-2018
  • US Elevator and Escalator Market Forecast of Revenues & Volume until 2025
  • Historical Data & Forecast of US Elevator and Escalator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
  • Historical Data & Forecast of US Elevator Market Revenues & Volume for the Period 2015-2025F
  • Historical Data & Forecast of US Escalator Market Revenues & Volume for the Period 2015-2025F
  • Historical Data & Forecast of US Elevator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
  • Historical Data & Forecast of US Escalator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
  • Market Drivers and Restraints
  • US Elevator and Escalator Market Trends
  • Porter’s Five Forces Analysis
  • US Elevator and Escalator Market Opportunity Assessment
  • US Elevator and Escalator Market Share, By Players
  • US Elevator and Escalator Market Overview, By Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered:

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

  • By Types:
    • Elevator
      • Passenger
      • Cargo
      • Home
    • Escalator
      • Moving Stairs
      • Moving Walkways

    • By Applications:
      • Commercial
      • Industrial
      • Residential

    • By Services:
      • Maintenance
      • Modernization

Other Key Reports Available:

  • Africa Elevator & Escalator Market Report
  • UAE Video Elevator & Escalator Market Report
  • Turkey Elevator & Escalator Market Report

1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. US Elevator and Escalator Market Overview

3.1. US Country Indicators

3.2. US Elevator & Escalator Market Revenues, 2015-2025F

3.3. US Elevator & Escalator Market - Industry Life Cycle

3.4. US Elevator & Escalator Market - Porter’s Five Forces

3.5. US Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F

3.6. US Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F

3.7. US Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F

4. US Elevator & Escalator Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. US Elevator & Escalator Market Trends

6. US Elevator Market Overview

6.1. US New Installation Elevator Market Revenues & Volume, 2015-2025F

6.1.1. US New Installation Elevator Market Revenue & Volume Share, By Elevator Types, 2018 & 2025F

6.1.1.1 . US New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F

6.2. US Elevator Services Market Revenues, 2015-2025F

6.2.1. US Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F

6.2.1.1. US Elevator Services Market Revenues, By Service Types, 2015-2025F

6.3. US Elevator Market Overview, By Applications, 2015-2025F

6.3.1. US Elevator Market Revenue Share, By Applications, 2018 & 2025F

6.3.1.1. US Elevator Market Revenues, By Applications, 2015-2025F

7. US Escalator Market Overview

7.1. US New Installation Escalator Market Revenues & Volume, 2015-2025F

7.1.1. US New Installation Escalator Market Revenue & Volume Share, By Escalator Types, 2018 & 2025F

7.1.1.1. US New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F

7.2. US Escalator Services Market Revenues, 2015-2025F

7.2.1. US Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F

7.2.1.1. US Escalator Services Market Revenues, By Service Types, 2015-2025F

7.3. US Escalator Market Overview, By Applications, 2015-2025F

7.3.1. US Escalator Market Revenue Share, By Applications, 2018 & 2025F

7.3.1.1. US Escalator Market Revenues, By Applications, 2015-2025F

8. US Elevator & Escalator Market Overview, By Applications

8.1. US Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F

8.2. US Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F

8.3. US Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F

9. US Elevator & Escalator Market Key Performance Indicators

10. US Elevator & Escalator Market Opportunity Assessment

10.1. US Elevator & Escalator Market Opportunity Assessment, By Types, 2025F

10.2. US Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F

11. US Elevator & Escalator Market Competitive Landscape

11.1. US Elevator & Escalator Market Competitive Benchmarking, By Product Types

11.2. US Elevator & Escalator Market Revenue Share, By Company, 2018

12. Company Profiles

13. Key Strategic Recommendations

14. Disclaimer

LIST OF FIGURES

Figure 1. US Elevator & Escalator Market Revenues, 2015-2025F ($ Million)

Figure 2. US Elevator & Escalator Market - Industry Life Cycle

Figure 3. US Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F

Figure 4. US Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F

Figure 5. US Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F 

Figure 6. US New Installation Elevator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units)

Figure 7. US New Installation Elevator Market Revenue Share, By Elevator Types, 2018 & 2025F

Figure 8. US New Installation Elevator Market Volume Share, By Elevator Types, 2018 & 2025F

Figure 9. US Elevator Services Market Revenues, 2015-2025F ($ Million) 

Figure 10. US Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F

Figure 11. US Elevator Market Revenue Share, By Applications, 2018 & 2025F

Figure 12. US New Installation Escalator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units)

Figure 13. US New Installation Escalator Market Revenue Share, By Escalator Types, 2018 & 2025F

Figure 14. US New Installation Escalator Market Volume Share, By Escalator Types, 2018 & 2025F

Figure 15. US Escalator Services Market Revenues, 2015-2025F ($ Million)

Figure 16. US Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F  

Figure 17. US Escalator Market Revenue Share, By Applications, 2018 & 2025F 

Figure 18. US Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F ($ Million)

Figure 19. US Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F ($ Million)

Figure 20. US Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F  ($ Million)

Figure 21. US Elevator & Escalator Market Opportunity Assessment, By Types, 2025F

Figure 22. US Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F

LIST OF TABLES

Table 1. US New Installation Elevator Market Revenues, By Elevator Types ($ Million)

Table 2. US New Installation Elevator Market Volume, By Elevator Types (Thousand Units)

Table 3. US Elevator Services Market Revenues, By Service Types ($ Million)

Table 4. US Elevator Market Revenues, By Applications, 2015-2025F, ($ Million)

Table 5. US New Installation Escalator Market Revenues, By Escalator Types ($ Million)

Table 6. US New Installation Escalator Market Volume, By Escalator Types (Thousand Units)

Table 7. US Escalator Services Market Revenues, By Service Types ($ Million)

Table 8. US Escalator Market Revenues, By Applications, 2015-2025F, ($ Million)

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