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Moving walkways are majorly used at large establishments such as airports. Moving walkways are installed
to ease passenger mobility as these are mostly connected from terminal to the gates. On the other hand,
spiral escalators are experiencing substantial growth with increase in innovative designs and architectures.
New installation market holds major share in developing countries such as china and India. While
maintenance segment is relatively strong in terms of revenue contribution due to per iodic maintenance and
repairs of in-use escalators. Countries such as Germany and Canada are witnessing growth in the
modernization service segment.
The market is marked by the presence of multiple active players such as KONE CORPORATION,
Schindler, Otis Elevator Company, thyssenkrupp AG, Mitsubishi Electric Corporation, Hitachi Ltd., and
TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION.
Hexa Research has segmented the global escalator market on the basis of type, services and region:
Segmentation by type 2014 - 2024 (USD Million)
• Step type escalator
• Moving walkways
• Spiral escalators
Segmentation by services, 2014 - 2024 (USD Million)
• New installation
• Maintenance and Overhaul
• Modernization
Segmentation by region, 2014 - 2024 (USD Million)
• North America
• Asia-Pacific
• Europe
• Middle East & Africa
• Rest of world
Key players analyzed:
• KONE CORPORATION
• Otis Elevator Company
• Schindler
• Mitsubishi Electric Corporation
• thyssenkrupp AG
• Hitachi Ltd.
• TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION
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