Europe Elevator & Escalator Market Outlook, 2026

Abstract
The report titled 'Europe Elevator & Escalator Market Outlook, 2026' by Bonafide Research discusses the market performance of the region which in the year 2015 was valued at USD 11.99 Billion in the year 2015. Many countries in the European Union have witnessed the development of smart cities while many are progressing towards one. The regions have increasingly developed smart solutions in energy, mobility, and governance. Such long-lasting high-end projects are expected to be the support the market to grow at a rate of less than 6% CAGR through the forecasted period.

The region's market is led by Germany, which accounted for 17.88% of the total share in the year 2015. Three of the major countries, naming Germany, Russia, and the UK make it to the top ten contributing countries globally. The region has witnessed few major renovations and maintenance projects along with mergers and acquisitions among the top players. The major global companies hold a substantial share owing to the fragmented and grey nature of the industry, and the rest of the market players are original chunks to regional and other local level manufacturers. Other companies have considerable shares owing to their robust image, geographical reach, and strong customer base. The construction sector is among the largest economic sectors in Europe.

Major construction projects transform the lives of thousands of people - whether they are creating new homes, enabling better transport, or providing power to the surrounding area. As the construction industry heads back to work following the latest government advice, the elevator and escalator market is expected to expand owing to the biggest projects across the region. The elevator market segment was recorded at a value of USD 6.99 Billion in the year 2015, while the escalator segment accounted for 26.80% in the year 2020. The leading manufacturers of moving walkways are currently implementing technologically advanced production processes to increase production efficacy and optimize product offerings. This is likely to allow the segment to reach a market value of USD 3.02 Billion by the end of the forecasted period.

In the overall region, the residential end-user segment accounted for USD 5.41 Billion in the year 2015. Smart and innovative building solutions are taking the forefront in the regional market as the country looks to innovatively accommodate its population. The elevator and escalator market has been largely characterized by contracting growth in the construction sector owing to a high degree of political and economic instability due to Brexit in the UK. It is expected to proliferate the market growth soon and bring in new horizons for the potential industrialists and to be investors of the market to witness a promising future business growth in the coming years. The industrial & infrastructural end-user of the elevator & escalator is expected to contribute over a share of 25% by the end of the forecasted period. Growth would be aided primarily because of government regulation mandating the use of elevators to cater to the need of the aging population. With the government mandating the use of cargo elevators to cater to medical emergencies, the cargo elevator segment is likely to witness a significant increase in its revenue share.

Content
Table Of Content
1. Executive Summary
2. Report Methodology
3. Global Elevator And Escalator Market Outlook
3.1. Market Size By Value
3.2. Market Share
3.2.1. By Type
3.2.2. By Service
3.2.3. By End User
3.2.4. By Region
3.2.5. By Country
3.2.6. By Company
4. Europe Elevator And Escalator Market Outlook
4.1. Market Size By Value
4.2. Market Share
4.2.1. By Type
4.2.2. By Service
4.2.3. By End User
4.2.4. By Country
4.3. Germany Elevator And Escalator Market Outlook
4.3.1. Market Size By Value
4.3.2. Market Share
4.3.2.1. By Type
4.3.2.2. By Service
4.3.3. By End User
4.4. Uk Elevator And Escalator Market Outlook
4.4.1. Market Size By Value
4.4.2. Market Share
4.4.2.1. By Type
4.4.2.2. By Service
4.4.3. By End User
4.5. France Elevator And Escalator Market Outlook
4.5.1. Market Size By Value
4.5.2. Market Share
4.5.2.1. By Type
4.5.2.2. By Service
4.5.3. By End User
4.6. Italy Elevator And Escalator Market Outlook
4.6.1. Market Size By Value
4.6.2. Market Share
4.6.2.1. By Type
4.6.2.2. By Service
4.6.3. By End User
4.7. Spain Elevator And Escalator Market Outlook
4.7.1. Market Size By Value
4.7.2. Market Share
4.7.2.1. By Type
4.7.2.2. By Service
4.7.3. By End User
4.8. Russia Elevator And Escalator Market Outlook
4.8.1. Market Size By Value
4.8.2. Market Share
4.8.2.1. By Type
4.8.2.2. By Service
4.8.3. By End User
5. Market Dynamics
5.1. Key Drivers
5.2. Key Challenges
6. Market Trends And Developments
7. Company Profiles
7.1.1. Fujitec Corporation Limited
7.1.2. Hitachi Group
7.1.3. Hyundai Elevator Corporation Limited
7.1.4. Kleemann Hellas
7.1.5. Kone Corporation
7.1.6. Mitsubishi Electric Corporation
7.1.7. Otis Worldwide Corporation
7.1.8. Schindler Group
7.1.9. Sigma Elevator Company
7.1.10. Stannah Lifts Holdings Limited
7.1.11. Thyssenkrupp Ag
7.1.12. Toshiba Elevator And Building System Corporation
7.1.13. Company Overviews
7.1.13.1. Glaire Elevator Corporation Limited
7.1.13.2. Mac Puarsa
7.1.13.3. Orona Group
7.1.13.4. Volkslift
8. Strategic Recommendations
9. Disclaimer

LIST OF TABLES

Table 1: Global Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 2: Global Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 3: Global Elevator and Escalator Market Share by Region (2015, 2020 & 2026F)
Table 4: Global Elevator and Escalator Market Share by Country (2015, 2020 & 2026F)
Table 5: Europe Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 6: Europe Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 7: Europe Elevator and Escalator Market Share By Country (2015, 2020 & 2026F)
Table 8: Germany Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 9: Germany Elevator and Escalator Market Growth Rate By Service
Table 10: Germany Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 11: Germany Elevator and Escalator Market Growth Rate By End User (2015, 2020 & 2026F)
Table 12: UK Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 13: UK Elevator and Escalator Market Growth Rate By Service
Table 14: UK Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 15: UK Elevator and Escalator Market Growth Rate By End User
Table 16: France Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 17: France Elevator and Escalator Market Growth Rate By Service
Table 18: France Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 19: France Elevator and Escalator Market Growth Rate By End User
Table 20: Italy Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 21: Italy Elevator and Escalator Market Growth Rate By Service
Table 22: Italy Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 23: Italy Elevator and Escalator Market Growth Rate By End User
Table 24: Spain Elevator and Escalator Market Share By Service(2015, 2020 & 2026F)
Table 25: Spain Elevator and Escalator Market Growth Rate By Service
Table 26: Spain Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 27: Spain Elevator and Escalator Market Growth Rate By End User
Table 28: Russia Elevator and Escalator Market Share By Service (2015, 2020 & 2026F)
Table 29: Russia Elevator and Escalator Market Growth Rate By Service
Table 30: Russia Elevator and Escalator Market Share By End User (2015, 2020 & 2026F)
Table 31: Russia Elevator and Escalator Market Growth Rate By End User
Table 32: Key Facts of Fujitec Corporation Limited
Table 33: Key Facts of Hitachi Group
Table 34: Key Facts of Hyundai Elevator Corporation Limited
Table 35: Key Facts of Kleemann Hellas
Table 36: Key Facts of Kone Corporation
Table 37: Key Facts of Mitsubishi Electric Corporation
Table 38: Key Facts of Otis Worldwide Corporation
Table 39: Key Facts of Schindler Group
Table 40: Key Facts of Sigma Elevator Company
Table 41: Key Facts of Stannah Lifts Holdings Limited
Table 42: Key Facts of ThyssenKrupp AG
Table 43: Key Facts of Toshiba Elevator and Building System Corporation