Global Escalators and Moving Walkways Market Expand Their Businesses with New Investments during 2018-2025
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An Escalator is a type of vertical transportation in the form of a moving staircase which carries people between floors of a building. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep them horizontal. A moving walkway is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distance.
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Escalators and Moving Walkways are used around the world in places where lifts would be impractical. Principal areas of usage include department stores, shopping malls, airports, transit systems (railway/railroad stations), convention centers, hotels, arenas, stadiums and public buildings. Escalators and moving walkways have the capacity to move large numbers of people. They can be placed in the same physical space as a staircase. They have no waiting interval (except during very heavy traffic). They can be used to guide people toward main exits or special exhibits. They may be weatherproofed for outdoor use. A nonfunctional escalator can function as a normal staircase, whereas many other methods of transport become useless when they break down or lose power.
The Escalators and Moving Walkways market was valued at 15000 Million US$ in 2018 and is projected to reach 20500 Million US$ by 2025, at a CAGR of 4.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Escalators and Moving Walkways.
This report presents the worldwide Escalators and Moving Walkways market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
KONE Corporation
Otis Elevator Company
Schindler
Mitsubishi Electric Corp.
Fujitec
Thyssenkrupp
Hitachi
Hyundai Elevator Company
Toshiba Corporation
Sigma Elevator Company
Escalators and Moving Walkways Breakdown Data by Type
Parallel
Multi-parallel
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Escalators and Moving Walkways Breakdown Data by Application
Public Transit
Airports
Retail
Insitiutional
Escalators and Moving Walkways Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global Escalators and Moving Walkways status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Escalators and Moving Walkways manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Escalators and Moving Walkways :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Escalators and Moving Walkways market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Escalators and Moving Walkways Manufacturers
Escalators and Moving Walkways Distributors/Traders/Wholesalers
Escalators and Moving Walkways Subcomponent Manufacturers
Industry Association
Downstream Vendors
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