Market Forecast By Types (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairs, Moving Walkways), By Applications (Commercial, Industrial, Residential), By Services (Maintenance, Modernization) And Competitive Landscape
| Product Code: ETC060889 | Publication Date: Jul 2021 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
US Elevator and Escalator Market developments include the partnership of Schindler and Telefonica in May 2019 for digital connectivity. This collaboration is aimed to provide IoT connectivity for all smart escalators and elevators of Schindler. UltraRope, a cable technology by KONE allows the elevators to travel up to a kilometer without stopping, double the current distance. The company also developed the world’s flattest auto walk technology, KONE InnoTrack auto walk, which is so flat that it can be installed entirely on the floor level.
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US elevator and escalator market are all set to register sound growth projections in the coming years due to various upcoming construction projects all over the country. The U.S construction industry is one of the largest in the world and the country tends to spend around $ 10 trillion each year on construction activities. Growth in the construction industry would hence instigate progression in the escalator and elevator market in the country.
According to 6Wresearch, the US Elevator And Escalator Market size is projected to grow throughout the forecast period 2019-2025. Along with providing innovative and technological elevator and escalator equipment, the country also focuses on mobilizing various policies and regulatory frameworks to ensure sound maintenance of safety standards for the users.
Moreover, surging commercial sector construction projects would also assist the elevator and escalator market gain momentum in the U.S market such as One Vanderbilt, Central Park Tower, The Spiral, and 50 Hundred yards.
The U.S Elevator and Escalator Market report thoroughly covers the market by types, applications, services, and regions. The U.S Elevator and Escalator Market outlook report provides an unbiased and detailed analysis of the ongoing U.S 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 U.S Elevator and Escalator market report provides a detailed analysis of the following market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Report Description |
| 2.2 Key Highlights of the Report |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 United States Elevator and Escalator Market Overview |
| 3.1 United States New Installation Elevator and Escalator Market Revenues & Volume, 2015-2025F |
| 3.1.1 United States New Installation Elevator and Escalator Market Revenue Share, By Types, 2018 & 2025F |
| 3.2 United States Elevator and Escalator Services Market Revenues, 2015-2025F |
| 3.2.1 United States Elevator and Escalator Services Market Revenue Share, By Types, 2018 & 2025F |
| 3.2.2 United States Elevator and Escalator Services Market Revenue Share, By Services, 2018 & 2025F |
| 3.3 United States Elevator and Escalator Market Revenue Share, By Applications, 2018 & 2025F |
| 3.4 United States Elevator and Escalator Market Revenue Share, By Regions, 2018 & 2025F |
| 3.5 United States Elevator and Escalator Market - Industry Life Cycle, 2018 |
| 3.6 United States Elevator and Escalator Market - Porter’s Five Forces |
| 4 United States Elevator and Escalator Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing urbanization and infrastructure development in the United States leading to increased demand for elevators and escalators. |
| 4.2.2 Technological advancements and innovations in elevator and escalator systems improving efficiency, safety, and sustainability. |
| 4.2.3 Rising focus on energy efficiency and green building initiatives driving the adoption of energy-efficient elevators and escalators. |
| 4.3 Market Restraints |
| 4.3.1 High initial costs associated with the installation and maintenance of elevators and escalators. |
| 4.3.2 Regulatory challenges and compliance requirements impacting the market growth. |
| 4.3.3 Limited space availability in existing buildings for retrofitting elevators and escalators. |
| 5 United States Elevator and Escalator Market Trends |
| 6 United States Elevator Market Overview |
| 6.1 United States New Installation Elevator Market Revenues & Volume, 2015-2025F |
| 6.1.1 United States New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F |
| 6.2 United States Elevator Services Market Revenues, 2015-2025F |
| 6.2.1 United States Elevator Services Market Revenues, By Services Types, 2015-2025F |
| 6.3 United States Elevator Market Revenue Share, By Applications, 2018 & 2025F |
| 6.3.1 United States Elevator Market Revenues, By Applications, 2015-2025F |
| 7 United States Escalator Market Overview |
| 7.1 United States New Installation Escalator Market Revenues & Volume, 2015-2025F |
| 7.1.1 United States New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F |
| 7.2 United States Escalator Services Market Revenues, 2015-2025F |
| 7.2.1 United States Escalator Services Market Revenues, By Service Types, 2015-2025F |
| 8 United States Elevator and Escalator Market Overview, By Applications |
| 8.1 United States Commercial Application Elevator and Escalator Market Revenues, 2015-2025F |
| 8.2 United States Industrial Application Elevator and Escalator Market Revenues, 2015-2025F |
| 8.3 United States Residential Application Elevator and Escalator Market Revenues, 2015-2025F |
| 9 United States Elevator and Escalator Regional Market Overview |
| 9.1 United States North-East Region Elevator and Escalator Market Revenues, 2015-2025F |
| 9.2 United States Midwest Region Elevator and Escalator Market Revenues, 2015-2025F |
| 9.3 United States West Region Elevator and Escalator Market Revenues, 2015-2025F |
| 9.4 United States South Region Elevator and Escalator Market Revenues, 2015-2025F |
| 10 United States Elevator and Escalator Market Key Performance Indicators |
| 11 United States Elevator and Escalator Market Opportunity Assessment |
| 11.1 United States Elevator and Escalator Market Opportunity Assessment, By Applications, 2025F |
| 11.2 United States Elevator and Escalator Market Opportunity Assessment, By Types, 2025F |
| 11.3 United States Elevator and Escalator Market Opportunity Assessment, By Services, 2025F |
| 12 United States Elevator and Escalator Market Competitive Landscape |
| 12.1 United States Elevator and Escalator Market Revenue Share, By Company, 2018 |
| 12.2 United States Elevator and Escalator Market Competitive Benchmarking, By Operating Parameters |
| 13 Company Profiles |
| 14 Key Strategic Recommendations |
| 15 Disclaimer |
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.
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