Escalators and Moving Walkways Market Report 2026

Escalators and Moving Walkways Market Overview

• Escalators and Moving Walkways market size has reached to $19.13 billion in 2025 • Expected to grow to $25.52 billion in 2030 at a compound annual growth rate (CAGR) of 6% • Growth Driver: Increasing Government Funding For Infrastructure Development To Drive Market Growth • Market Trend: Product Innovations Transforming The Escalators And Moving Walkways Market • North America was the largest region in 2025.

What Is Covered Under Escalators and Moving Walkways Market?

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.

What Is The Escalators and Moving Walkways Market Growth Forecast?

The escalators and moving walkways market size is expected to see strong growth in the next few years. It will grow to $25.52 billion in 2030 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increasing investments in smart transportation hubs, rising demand for low-energy vertical mobility systems, expansion of airport terminal modernization, growing adoption of predictive maintenance technologies, increasing urban population density. Major trends in the forecast period include increasing installation of energy-efficient escalator systems, growing adoption of smart monitoring and control solutions, rising demand for heavy-duty walkways in airports, expansion of retrofit and modernization projects, enhanced focus on passenger safety.

Tariff Impact On Escalators and Moving Walkways Market

Tariffs are affecting the escalators and moving walkways market by increasing costs of imported motors, drive systems, steel structures, control electronics, and safety components. Public transit and airport infrastructure projects in North America and Europe are most impacted due to dependence on globally sourced mechanical and electronic subsystems, while Asia-Pacific manufacturers face export-related pricing pressures. These tariffs are increasing project installation costs and slowing replacement cycles in some regions. However, they are also encouraging localized manufacturing, regional supplier development, and greater investment in modular designs that reduce import dependency.

Global Escalators and Moving Walkways Market Segmentation

1) By Product: Escalators, Moving Walkways 2) By Installation: New Installation, Refurbishment 2) By Application: Public Transit, Airport, Retail, Institutional, Other Applications Subsegments: 1) By Escalators: Commercial Escalators, Industrial Escalators 2) By Moving Walkways: Horizontal Moving Walkways, Inclined Moving Walkways

What Is The Driver Of The Escalators and Moving Walkways Market?

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 February 2024, according to the Infrastructure and Projects Authority, a UK-based government agency, £164 ($214.18) billion planned investment in major infrastructure and construction projects for 2024/25 exceeds that of 2023/24. Over the next decade, total projected investments are estimated to reach between £700 ($914.16) billion and £775 ($1012.11) billion. Therefore, the rising government funding for infrastructure development is driving the growth of escalators and moving walkaways market.

What Is The Driver Of The Escalators and Moving Walkways Market?

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 February 2024, according to the Infrastructure and Projects Authority, a UK-based government agency, £164 ($214.18) billion planned investment in major infrastructure and construction projects for 2024/25 exceeds that of 2023/24. Over the next decade, total projected investments are estimated to reach between £700 ($914.16) billion and £775 ($1012.11) billion. Therefore, the rising government funding for infrastructure development is driving the growth of escalators and moving walkaways market.

Global Escalators and Moving Walkways Market Trends and Insights

Major companies operating in the escalators and moving walkways market are focusing on developing technological advancements to enhance ride experience, operational efficiency, and predictive maintenance capabilities. For instance, in August 2024, Otis Elevator Sdn Bhd, a Malaysia-based transport company, launched its Gen3™ digitally-connected elevator, designed to improve the lift-riding experience through advanced connectivity features. The Gen3 integrates with the Otis ONE IoT digital platform, enabling real-time monitoring of equipment health and performance for proactive maintenance and reduced downtime. Designed for various building types including residential, commercial, and medical the Gen3 offers both machine room and machine-roomless configurations. Its key innovations include the Otis eView display for infotainment, Compass 360 technology for optimized travel efficiency, and energy-saving features such as LED lighting and regenerative drives. By leveraging digital connectivity and smart design, the Gen3 elevator enhances passenger experience while improving operational efficiency and sustainability.

What Are Latest Mergers And Acquisitions In The Escalators and Moving Walkways Market?

In February 2025, TK Elevator, a Germany-based vertical mobility company, formed a strategic joint venture with Alat to manufacture end-to-end elevator and escalator solutions in Saudi Arabia. The collaboration aims to strengthen local production capabilities, expand market reach, and deliver comprehensive mobility solutions, while Alat also becomes a significant long-term shareholder in TK Elevator, supporting sustainable growth and innovation in the region’s vertical transportation market. Alat is a Saudi-based investment and industrial company focused on strategic partnerships and infrastructure development.

Regional Outlook

North America was the largest region in the escalators and moving walkway market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Escalators and Moving Walkways Market?

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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Escalators and Moving Walkways Market Report 2026?

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