Global Escalators and Moving Walkways Market Report 2024

Escalators and Moving Walkways Global Market Report 2024 – By Product (Escalators, Moving Walkways), By Application (Public Transit, Airport, Retail, Institutional, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

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Escalators And Moving Walkways Market Definition And Segments

Escalators and moving walkways refer to a moving staircase that carries people between floors of a building. This helps to carry passengers and freight up and down. These are commonly used in locations for public transport as well as malls. Moving walkways are mostly used in airports where they help travelers with luggage travel a great distance between several sub-terminals in the airport. It used as solutions for the uninterrupted flow of people throughout buildings

The main types of products in escalators and moving walkways are escalators and moving walkways. Escalators refer to mechanical devices that move people up and down between floors of a structure. They often have the shape of a moving staircase, consisting of a chain of single-piece stainless steel or aluminum steps that are moved by a network of tracks in an endless loop. Escalators are commonly utilized in structures where the movement of a large number of people is necessary, such as malls, airports, public transportation systems, exposition halls, hotels, arenas, and so on. The various applications include public transit, airports, retail, institutional, and others.

The escalators and moving walkways market covered in this report is segmented –

1) By Product: Escalators, Moving Walkways

2) By Application: Public Transit, Airport, Retail, Institutional, Other Applications

The escalators and moving walkways market size has grown strongly in recent years. It will grow from $17.58 billion in 2023 to $18.58 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to urbanization and population density in urban centers, growth in commercial and public infrastructure projects, expansion of airports, malls, and transportation hubs, focus on enhancing passenger convenience and mobility, increased focus on safety and accessibility standards.

The escalators and moving walkways market size is expected to see strong growth in the next few years. It will grow to $23.41 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to adoption of escalators and moving walkways in smart cities, retrofitting and modernization of existing transportation infrastructure, demand for high-capacity and heavy-duty escalators, expansion of mass transit systems and metro networks, focus on touchless and hygienic escalator solutions. Major trends in the forecast period include integration of iot and smart connectivity, energy-efficient and regenerative drive systems, design innovation for improved aesthetics and integration, touchless and uv-c disinfection solutions, advanced materials for enhanced durability, remote monitoring and predictive maintenance.

Global Growth In Commercial Real Estate Fuels Escalators And Moving Walkways Market

The flourishing commercial real estate market worldwide will propel the growth of the escalators and moving walkways market going forward. Commercial real estate refers to the construction of commercial activities, including companies and large residential properties. Escalators and moving walkways are used in commercial buildings to carry people and goods from one floor to the other. For instance, according to CBRE Group, Inc., a US-based commercial real estate services and investment company, in 2021, a record amount of USD 1.3 trillion was invested in commercial real estate globally, an increase of 55% from 2020. Also in America, the annual investment volume increased by 83% to over USD 775 billion in 2021. Therefore, flourishing commercial real estate worldwide with increasing investments in commercial real estate is driving the growth of the escalator and moving walkway markets.

Increasing Government Funding For Infrastructure Development To Drive Market Growth

The rising government funding for infrastructure development is expected to propel the growth of the escalators and moving walkaways market going forward. Infrastructure development creates increased demand for the construction of transportation hubs, modernized public spaces, and urban mobility projects. Government regulations, economic growth, sustainability initiatives, and public safety considerations further contribute to this growth, making the escalator and moving walkaway systems integral to accessible, safe, and efficient urban environments. For instance, in November 2022, according to Global Australia Highlights, an Australia-based intergovernmental organization, the government budget for 2022–23 promises $12.04 billion (A$17.9 billion) over ten years for significant infrastructure projects around the country, including billions for road and rail projects. Between 2021 and 2025, total investment in major public infrastructure is estimated to exceed $146.72 billion (A$218 billion). Furthermore, in March 2023, according to Global X ETF, a US-based fund management firm, with the $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) in November 2021, the United States took a significant step towards improving its infrastructure. Over the next ten years, the IIJA is going to invest $550 billion to improve roads, bridges, airports, and railroads. Therefore, the rising government funding for infrastructure development is driving the growth of escalators and moving walkaways market.

Major companies operating in the escalators and moving walkways market include Kone Oyj, ?t?? ?l?v?t?r ??m??n?, Schindler Group, Mitsubishi Electric Corporation, Fujitec Co. Ltd., ThyssenKrupp AG, Sigma Elevator Co. Ltd., Hyundai Elevator Co. Ltd., Toshiba Corporation, Hitachi Ltd., Canny Elevator Co. Ltd., Kleemann Hellas SA, Shanghai Mitsubishi Elevator Co. Ltd., Ningbo Xinda Group Co. Ltd., Guangdong Huasheng Electrical Appliances Co. Ltd., Sicher Elevator Co. Ltd., Shenyang Brilliant Elevator Co. Ltd., Hangzhou Xizi Elevator Co. Ltd., Beijing Beizhong Steam Turbine Generator Co. Ltd., Suzhou Ostar Elevator Co. Ltd., Sodimas, Pneumatic Vacuum Elevators LLC., Excel Elevator and Escalator Corp., Elevator Technology (Shenyang) Co. Ltd., Ferretti International LLC, Vintec Elevators Private Limited, Anlev Elex Elevator Co. Ltd., Sematic Group, Dupar Controls Inc.

Product Innovations Transforming The Escalators And Moving Walkways Market

New product innovation is the key trend that is gaining popularity in the escalators and moving walkways market. Major companies operating in the escalators and moving walkways sector are focused on introducing new products to sustain their position in the market. For instance, in May 2021, KONE Corporation, a Finland-based international engineering, and service company, launched a new elevator model, KONE DX class elevators, that work on a unique digital platform and secure APIs to connect elevators with smartphones, which makes users more convenient. This DX class elevator offers future-ready inbuilt digital solutions that help to take care of various digital solutions and service needs of the elevator throughout its entire life cycle. That helps to enhance the value of the building. Also, this had an extra feature of DX, music, which is a part of the elevator ride to set just the right mood.

Technological Advancements Transforming Innovation In Escalators And Moving Walkaways Market

Major companies operating in the escalators and moving walkaways market are developing new technologies to gain a competitive edge in the market. For instance, in September 2022, TK Elevator, a Germany-based industrial machinery manufacturing company launched a range of Application Programming Interfaces (APIs) that connect their elevators and escalators to customer systems and smart buildings, creating a new era of smart mobility solutions. These open interfaces empower building operators, allowing them to integrate elevator and escalator data into their management systems for real-time monitoring. Additionally, passengers can control elevators using a smartphone app, and APIs open possibilities for connecting service robots to elevators.

Hitachi Strengthens Elevator Business And Digital Innovation With Yungtay Engineering Co. Acquisition

In April 2022, Hitachi, a Japan-based manufacturer of heavy electronic goods, acquired Yungtay Engineering Co. for a deal amount of $ 7.6 billion. Through the acquisition, Hitachi implemented digital technologies such as IoT, which would help it in developing new elevator products. Also, this acquisition helps Hitachi to strengthen its elevator and escalator business base in China and Asia. Yungtay Engineering Co. is a Taiwan-based company involved in the production, distribution, and maintenance of elevators and escalators.

North America was the largest region in the escalators and moving walkway market in 2023. The regions covered in the escalators and moving walkways market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the escalators and moving walkways market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The escalators and moving walkways market consists of sales of walkway system, motors, controls, and lighting, truss, tracks. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The escalators and moving walkways market research report is one of a series of new reports from The Business Research Company that provides escalators and moving walkways market statistics, including escalators and moving walkways industry global market size, regional shares, competitors with an escalators and moving walkways market share, detailed escalators and moving walkways market segments, market trends and opportunities, and any further data you may need to thrive in the escalators and moving walkways industry. This escalators and moving walkways market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Escalators and Moving Walkways Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $18.58 billion
Revenue Forecast In 2033 $23.41 billion
Growth Rate CAGR of 5.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Product: Escalators, Moving Walkways
2) By Application: Public Transit, Airport, Retail, Institutional, Other Applications
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Kone Oyj; ?t?? ?l?v?t?r ??m??n?; Schindler Group; Mitsubishi Electric Corporation; Fujitec Co. Ltd.; ThyssenKrupp AG; Sigma Elevator Co. Ltd.; Hyundai Elevator Co. Ltd.; Toshiba Corporation; Hitachi Ltd.; Canny Elevator Co. Ltd.; Kleemann Hellas SA; Shanghai Mitsubishi Elevator Co. Ltd.; Ningbo Xinda Group Co. Ltd.; Guangdong Huasheng Electrical Appliances Co. Ltd.; Sicher Elevator Co. Ltd.; Shenyang Brilliant Elevator Co. Ltd.; Hangzhou Xizi Elevator Co. Ltd.; Beijing Beizhong Steam Turbine Generator Co. Ltd.; Suzhou Ostar Elevator Co. Ltd.; Sodimas; Pneumatic Vacuum Elevators LLC.; Excel Elevator and Escalator Corp.; Elevator Technology (Shenyang) Co. Ltd.; Ferretti International LLC; Vintec Elevators Private Limited; Anlev Elex Elevator Co. Ltd.; Sematic Group; Dupar Controls Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Escalators and Moving Walkways Market Characteristics

    3. Escalators and Moving Walkways Market Trends And Strategies

    4. Escalators and Moving Walkways Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On the Market

    4.2. Ukraine-Russia War Impact On the Market

    4.3. COVID-19 Impact On the Market

    5. Global Escalators and Moving Walkways Market Size and Growth

    5.1. Global Escalators and Moving Walkways Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Escalators and Moving Walkways Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Escalators and Moving Walkways Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Escalators and Moving Walkways Market Segmentation

    6.1. Global Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Escalators

    Moving Walkways

    6.2. Global Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Public Transit

    Airport

    Retail

    Institutional

    Other Applications

    7. Escalators and Moving Walkways Market Regional And Country Analysis

    7.1. Global Escalators and Moving Walkways Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Escalators and Moving Walkways Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Escalators and Moving Walkways Market  

    8.1. Asia-Pacific Escalators and Moving Walkways Market Overview  

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Escalators and Moving Walkways Market  

    9.1. China Escalators and Moving Walkways Market Overview  

    9.2. China Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Escalators and Moving Walkways Market  

    10.1. India Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Escalators and Moving Walkways Market  

    11.1. Japan Escalators and Moving Walkways Market Overview  

    11.2. Japan Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Escalators and Moving Walkways Market  

    12.1. Australia Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Escalators and Moving Walkways Market  

    13.1. Indonesia Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Escalators and Moving Walkways Market  

    14.1. South Korea Escalators and Moving Walkways Market Overview  

    14.2. South Korea Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Escalators and Moving Walkways Market  

    15.1. Western Europe Escalators and Moving Walkways Market Overview

    15.2. Western Europe Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Escalators and Moving Walkways Market  

    16.1. UK Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Escalators and Moving Walkways Market  

    17.1. Germany Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Escalators and Moving Walkways Market  

    18.4. France Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.5. France Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Escalators and Moving Walkways Market  

    19.7. Italy Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.8. Italy Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Escalators and Moving Walkways Market  

    20.10. Spain Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.11. Spain Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Escalators and Moving Walkways Market  

    21.1. Eastern Europe Escalators and Moving Walkways Market Overview

    21.2. Eastern Europe Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Escalators and Moving Walkways Market  

    22.1. Russia Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Escalators and Moving Walkways Market  

    23.1. North America Escalators and Moving Walkways Market Overview

    23.2. North America Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Escalators and Moving Walkways Market  

    24.1. USA Escalators and Moving Walkways Market Overview

    24.2. USA Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Escalators and Moving Walkways Market  

    25.1. Canada Escalators and Moving Walkways Market Overview

    25.2. Canada Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Escalators and Moving Walkways Market  

    26.1. South America Escalators and Moving Walkways Market Overview

    26.2. South America Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Escalators and Moving Walkways Market  

    27.1. Brazil Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Escalators and Moving Walkways Market  

    28.1. Middle East Escalators and Moving Walkways Market Overview

    28.2. Middle East Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Escalators and Moving Walkways Market  

    29.1. Africa Escalators and Moving Walkways Market Overview

    29.2. Africa Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Escalators and Moving Walkways Market Competitive Landscape And Company Profiles

    30.1. Escalators and Moving Walkways Market Competitive Landscape

    30.2. Escalators and Moving Walkways Market Company Profiles

    30.2.1. Kone Oyj

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. ?t?? ?l?v?t?r ??m??n?

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Schindler Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Mitsubishi Electric Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Fujitec Co. Ltd.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Global Escalators and Moving Walkways Market Competitive Benchmarking

    32. Global Escalators and Moving Walkways Market Competitive Dashboard

    33. Key Mergers And Acquisitions In The Escalators and Moving Walkways Market

    34. Escalators and Moving Walkways Market Future Outlook and Potential Analysis

    34.1 Escalators and Moving Walkways Market In 2028 - Countries Offering Most New Opportunities

    34.2 Escalators and Moving Walkways Market In 2028 - Segments Offering Most New Opportunities

    34.3 Escalators and Moving Walkways Market In 2028 - Growth Strategies

    34.3.1 Market Trend Based Strategies

    34.3.2 Competitor Strategies

    35. Appendix

    35.1. Abbreviations

    35.2. Currencies

    35.3. Historic And Forecast Inflation Rates

    35.4. Research Inquiries

    35.5. The Business Research Company

    35.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Escalators and Moving Walkways Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Escalators and Moving Walkways Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Asia-Pacific, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: China, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: China, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: India, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: India, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: Japan, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: Japan, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: Australia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: Australia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Indonesia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Indonesia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: South Korea, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: South Korea, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Western Europe, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Western Europe, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: UK, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: UK, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Germany, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Germany, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: France, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: France, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Italy, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Italy, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Spain, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Spain, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Eastern Europe, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: Eastern Europe, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Russia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Russia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: North America, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: North America, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: USA, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: USA, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Canada, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Canada, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: South America, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: South America, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Brazil, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Brazil, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Middle East, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Middle East, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Africa, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Africa, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Kone Oyj Financial Performance
  • Table 52: ?t?? ?l?v?t?r ??m??n? Financial Performance
  • Table 53: Schindler Group Financial Performance
  • Table 54: Mitsubishi Electric Corporation Financial Performance
  • Table 55: Fujitec Co. Ltd. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Escalators and Moving Walkways Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Escalators and Moving Walkways Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Asia-Pacific, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: China, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: China, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: India, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: India, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: Japan, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: Japan, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: Australia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: Australia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Indonesia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Indonesia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: South Korea, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: South Korea, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Western Europe, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Western Europe, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: UK, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: UK, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Germany, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Germany, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: France, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: France, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Italy, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Italy, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Spain, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Spain, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Eastern Europe, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: Eastern Europe, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Russia, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Russia, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: North America, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: North America, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: USA, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: USA, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Canada, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Canada, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: South America, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: South America, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Brazil, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Brazil, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Middle East, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Middle East, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Africa, Escalators and Moving Walkways Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Africa, Escalators and Moving Walkways Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Kone Oyj Financial Performance
  • Figure 52: ?t?? ?l?v?t?r ??m??n? Financial Performance
  • Figure 53: Schindler Group Financial Performance
  • Figure 54: Mitsubishi Electric Corporation Financial Performance
  • Figure 55: Fujitec Co. Ltd. Financial Performance
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Frequently Asked Questions

What is the definition of the epoxy adhesivesmarket?

Epoxy adhesive is a synthetic compound made of an epoxy polymer or resin and a hardener that is used to adhere or join a range of surfaces with a strong, long-lasting, thermosetting adhesive that can endure high pressure and harsh weather conditions. These adhesives are used for bonding metals, glass, concrete, ceramics, wood, and many polymers and exhibit strong adherence on a variety of substrates. For further insights on the epoxy adhesives market, request a sample here

How will the epoxy adhesives market drivers and restraints affect the epoxy adhesives market dynamics? What forces will shape the epoxy adhesives industry going forward?

The epoxy adhesives market major growth driver - urbanization fuels epoxy adhesive market growth across diverse industries. For further insights on the epoxy adhesives market, request a sample here

What is the forecast market size or the forecast market value of the epoxy adhesives market ?

The epoxy adhesives market size has grown strongly in recent years. It will grow from $8.35 billion in 2023 to $8.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to industrial and construction growth, repair and maintenance needs, consumer electronics demand, automotive lightweighting, smart manufacturing. The epoxy adhesives market size is expected to see strong growth in the next few years. It will grow to $11.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to sustainability and environmental concerns, electric vehicle (ev) growth, renewable energy infrastructure, aerospace expansion, advanced composite materials. Major trends in the forecast period include technological advancements, sustainable formulations, bio-based epoxy adhesives, miniaturization and microelectronics, hybrid epoxy systems. For further insights on the epoxy adhesives market, request a sample here

How is the epoxy adhesives market segmented?

The epoxy adhesives market is segmented
1) By Type: One Component, Two Component, Other Types
2) By Distribution Channel: Online, Offline
3) By End User: Building and Construction, Transportation, Marine, Automotive, Wind Energy, Electrical and Electronics, Other End Users For further insights on the epoxy adhesives market,
request a sample here

Which region has the largest share of the epoxy adhesives market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the epoxy adhesives market in 2023. Asia-Pacific is expected to be the fastest-growing region in the epoxy adhesives market during the forecast period. The regions covered in the epoxy adhesives market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. For further insights on the epoxy adhesives market, request a sample here.

Who are the major players in the epoxy adhesives market?

Major companies operating in the epoxy adhesives market include 3M Company, Ashland Inc., Bostik SA, H B Fuller Company, Henkel AG, Mapei SPA, Sika AG, DuPont de Nemours Inc., Permabond LLC, Lord Corporation, Illinois Tool Works Incorporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, RPM International, Huntsman Corporation, Hubei Huitian New Materials Co. Ltd. Parker Hannifin Corp, Panacol-Elosol GmbH, Parson Adhesives Inc., The Dow Chemical Company, Uniseal Inc., Weicon GmBH & Co., Hernon Manufacturing Inc., Masterbond Inc., Pidilite Industries Limited, Helmitin Adhesives, Hexcel Corporation, Arkema Group, Jowat Corporation, Flamemaster Corporation, Collano AG, Benson Polymers Limited., Arkema Group, Adhesives Technology Corporation, Alteco Chemical Pte Ltd., Chemence Inc., Dymax Corporation, Epoxy Technology, ITW Polymers Adhesives, J-B Weld Company, Kukdo Chemical Co. Ltd., L&L Products, Resin Designs LLC, SCIGRIP Smarter Adhesive Solutions For further insights on the epoxy adhesives market, request a sample here.

What are the key trends in the epoxy adhesives market?

Major trend in the epoxy adhesives market - advancements in technology driving evolution of the epoxy adhesives market. For further insights on the epoxy adhesives market, request a sample here.

What are the major opportunities in the epoxy adhesives market? What are the strategies for the epoxy adhesives market?

For detailed insights on the major opportunities and strategies in the epoxy adhesives market, request a sample here.

How does the epoxy adhesives market relate to the overall economy and other similar markets?

For detailed insights on epoxy adhesives market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the epoxy adhesives industry?

For detailed insights on the mergers and acquisitions in the epoxy adhesives industry, request a sample here.

What are the key dynamics influencing the epoxy adhesives market growth? SWOT analysis of the epoxy adhesives market.

For detailed insights on the key dynamics influencing the epoxy adhesives market growth and SWOT analysis of the epoxy adhesives industry, request a sample here.