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Global Elevator Maintenance & Repair, New Installation & Modernization Market Research Report 2024
Synopsis
An elevator is an extremely complex system with hundreds of parts that must be maintained. One function of maintenance is ensuring continued operation by preventing excessive wear and breakdown.
The global Elevator Maintenance & Repair, New Installation & Modernization market was valued at US$ 7579.9 million in 2023 and is anticipated to reach US$ 9550.5 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Otis is the largest manufacturer. Its revenue of global market exceeds 14.22% in 2018. The next is KONE and Hitachi.
This report aims to provide a comprehensive presentation of the global market for Elevator Maintenance & Repair, New Installation & Modernization, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator Maintenance & Repair, New Installation & Modernization.
Report Scope
The Elevator Maintenance & Repair, New Installation & Modernization market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator Maintenance & Repair, New Installation & Modernization market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator Maintenance & Repair, New Installation & Modernization companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis
KONE
Hitachi
Fujitec
Bagby Elevator Company
Syney Electric
Schindler Elevator Corporation
D&D Elevator
EMR Elevator
Orona
Eastern Elevators Group
Mid-American Elevator
HISA
Century Elevator (BrandSafway)
Asheville Elevator
Brandywine Elevator Company
Veterans Development
Warren Elevator
Pickerings Lifts
Potomac Elevator Company
Segment by Type
Maintenance & Repair
New Installation
Modernization
Others
Segment by Application
Commercial
Residential
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Elevator Maintenance & Repair, New Installation & Modernization companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
An elevator is an extremely complex system with hundreds of parts that must be maintained. One function of maintenance is ensuring continued operation by preventing excessive wear and breakdown.
The global Elevator Maintenance & Repair, New Installation & Modernization market was valued at US$ 7579.9 million in 2023 and is anticipated to reach US$ 9550.5 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
Otis is the largest manufacturer. Its revenue of global market exceeds 14.22% in 2018. The next is KONE and Hitachi.
This report aims to provide a comprehensive presentation of the global market for Elevator Maintenance & Repair, New Installation & Modernization, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator Maintenance & Repair, New Installation & Modernization.
Report Scope
The Elevator Maintenance & Repair, New Installation & Modernization market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator Maintenance & Repair, New Installation & Modernization market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator Maintenance & Repair, New Installation & Modernization companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis
KONE
Hitachi
Fujitec
Bagby Elevator Company
Syney Electric
Schindler Elevator Corporation
D&D Elevator
EMR Elevator
Orona
Eastern Elevators Group
Mid-American Elevator
HISA
Century Elevator (BrandSafway)
Asheville Elevator
Brandywine Elevator Company
Veterans Development
Warren Elevator
Pickerings Lifts
Potomac Elevator Company
Segment by Type
Maintenance & Repair
New Installation
Modernization
Others
Segment by Application
Commercial
Residential
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Elevator Maintenance & Repair, New Installation & Modernization companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Elevator Maintenance & Repair, New Installation & Modernization Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Maintenance & Repair
1.2.3 New Installation
1.2.4 Modernization
1.2.5 Others
1.3 Market by Application
1.3.1 Global Elevator Maintenance & Repair, New Installation & Modernization Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Commercial
1.3.3 Residential
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Elevator Maintenance & Repair, New Installation & Modernization Market Perspective (2019-2030)
2.2 Elevator Maintenance & Repair, New Installation & Modernization Growth Trends by Region
2.2.1 Global Elevator Maintenance & Repair, New Installation & Modernization Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Elevator Maintenance & Repair, New Installation & Modernization Historic Market Size by Region (2019-2024)
2.2.3 Elevator Maintenance & Repair, New Installation & Modernization Forecasted Market Size by Region (2025-2030)
2.3 Elevator Maintenance & Repair, New Installation & Modernization Market Dynamics
2.3.1 Elevator Maintenance & Repair, New Installation & Modernization Industry Trends
2.3.2 Elevator Maintenance & Repair, New Installation & Modernization Market Drivers
2.3.3 Elevator Maintenance & Repair, New Installation & Modernization Market Challenges
2.3.4 Elevator Maintenance & Repair, New Installation & Modernization Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Elevator Maintenance & Repair, New Installation & Modernization Players by Revenue
3.1.1 Global Top Elevator Maintenance & Repair, New Installation & Modernization Players by Revenue (2019-2024)
3.1.2 Global Elevator Maintenance & Repair, New Installation & Modernization Revenue Market Share by Players (2019-2024)
3.2 Global Elevator Maintenance & Repair, New Installation & Modernization Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Elevator Maintenance & Repair, New Installation & Modernization Revenue
3.4 Global Elevator Maintenance & Repair, New Installation & Modernization Market Concentration Ratio
3.4.1 Global Elevator Maintenance & Repair, New Installation & Modernization Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Elevator Maintenance & Repair, New Installation & Modernization Revenue in 2023
3.5 Elevator Maintenance & Repair, New Installation & Modernization Key Players Head office and Area Served
3.6 Key Players Elevator Maintenance & Repair, New Installation & Modernization Product Solution and Service
3.7 Date of Enter into Elevator Maintenance & Repair, New Installation & Modernization Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Elevator Maintenance & Repair, New Installation & Modernization Breakdown Data by Type
4.1 Global Elevator Maintenance & Repair, New Installation & Modernization Historic Market Size by Type (2019-2024)
4.2 Global Elevator Maintenance & Repair, New Installation & Modernization Forecasted Market Size by Type (2025-2030)
5 Elevator Maintenance & Repair, New Installation & Modernization Breakdown Data by Application
5.1 Global Elevator Maintenance & Repair, New Installation & Modernization Historic Market Size by Application (2019-2024)
5.2 Global Elevator Maintenance & Repair, New Installation & Modernization Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Elevator Maintenance & Repair, New Installation & Modernization Market Size (2019-2030)
6.2 North America Elevator Maintenance & Repair, New Installation & Modernization Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2019-2024)
6.4 North America Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Elevator Maintenance & Repair, New Installation & Modernization Market Size (2019-2030)
7.2 Europe Elevator Maintenance & Repair, New Installation & Modernization Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2019-2024)
7.4 Europe Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Elevator Maintenance & Repair, New Installation & Modernization Market Size (2019-2030)
8.2 Asia-Pacific Elevator Maintenance & Repair, New Installation & Modernization Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Elevator Maintenance & Repair, New Installation & Modernization Market Size by Region (2019-2024)
8.4 Asia-Pacific Elevator Maintenance & Repair, New Installation & Modernization Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Elevator Maintenance & Repair, New Installation & Modernization Market Size (2019-2030)
9.2 Latin America Elevator Maintenance & Repair, New Installation & Modernization Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2019-2024)
9.4 Latin America Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Elevator Maintenance & Repair, New Installation & Modernization Market Size (2019-2030)
10.2 Middle East & Africa Elevator Maintenance & Repair, New Installation & Modernization Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2019-2024)
10.4 Middle East & Africa Elevator Maintenance & Repair, New Installation & Modernization Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Otis
11.1.1 Otis Company Detail
11.1.2 Otis Business Overview
11.1.3 Otis Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.1.4 Otis Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.1.5 Otis Recent Development
11.2 KONE
11.2.1 KONE Company Detail
11.2.2 KONE Business Overview
11.2.3 KONE Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.2.4 KONE Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.2.5 KONE Recent Development
11.3 Hitachi
11.3.1 Hitachi Company Detail
11.3.2 Hitachi Business Overview
11.3.3 Hitachi Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.3.4 Hitachi Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.3.5 Hitachi Recent Development
11.4 Fujitec
11.4.1 Fujitec Company Detail
11.4.2 Fujitec Business Overview
11.4.3 Fujitec Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.4.4 Fujitec Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.4.5 Fujitec Recent Development
11.5 Bagby Elevator Company
11.5.1 Bagby Elevator Company Company Detail
11.5.2 Bagby Elevator Company Business Overview
11.5.3 Bagby Elevator Company Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.5.4 Bagby Elevator Company Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.5.5 Bagby Elevator Company Recent Development
11.6 Syney Electric
11.6.1 Syney Electric Company Detail
11.6.2 Syney Electric Business Overview
11.6.3 Syney Electric Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.6.4 Syney Electric Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.6.5 Syney Electric Recent Development
11.7 Schindler Elevator Corporation
11.7.1 Schindler Elevator Corporation Company Detail
11.7.2 Schindler Elevator Corporation Business Overview
11.7.3 Schindler Elevator Corporation Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.7.4 Schindler Elevator Corporation Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.7.5 Schindler Elevator Corporation Recent Development
11.8 D&D Elevator
11.8.1 D&D Elevator Company Detail
11.8.2 D&D Elevator Business Overview
11.8.3 D&D Elevator Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.8.4 D&D Elevator Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.8.5 D&D Elevator Recent Development
11.9 EMR Elevator
11.9.1 EMR Elevator Company Detail
11.9.2 EMR Elevator Business Overview
11.9.3 EMR Elevator Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.9.4 EMR Elevator Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.9.5 EMR Elevator Recent Development
11.10 Orona
11.10.1 Orona Company Detail
11.10.2 Orona Business Overview
11.10.3 Orona Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.10.4 Orona Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.10.5 Orona Recent Development
11.11 Eastern Elevators Group
11.11.1 Eastern Elevators Group Company Detail
11.11.2 Eastern Elevators Group Business Overview
11.11.3 Eastern Elevators Group Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.11.4 Eastern Elevators Group Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.11.5 Eastern Elevators Group Recent Development
11.12 Mid-American Elevator
11.12.1 Mid-American Elevator Company Detail
11.12.2 Mid-American Elevator Business Overview
11.12.3 Mid-American Elevator Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.12.4 Mid-American Elevator Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.12.5 Mid-American Elevator Recent Development
11.13 HISA
11.13.1 HISA Company Detail
11.13.2 HISA Business Overview
11.13.3 HISA Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.13.4 HISA Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.13.5 HISA Recent Development
11.14 Century Elevator (BrandSafway)
11.14.1 Century Elevator (BrandSafway) Company Detail
11.14.2 Century Elevator (BrandSafway) Business Overview
11.14.3 Century Elevator (BrandSafway) Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.14.4 Century Elevator (BrandSafway) Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.14.5 Century Elevator (BrandSafway) Recent Development
11.15 Asheville Elevator
11.15.1 Asheville Elevator Company Detail
11.15.2 Asheville Elevator Business Overview
11.15.3 Asheville Elevator Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.15.4 Asheville Elevator Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.15.5 Asheville Elevator Recent Development
11.16 Brandywine Elevator Company
11.16.1 Brandywine Elevator Company Company Detail
11.16.2 Brandywine Elevator Company Business Overview
11.16.3 Brandywine Elevator Company Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.16.4 Brandywine Elevator Company Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.16.5 Brandywine Elevator Company Recent Development
11.17 Veterans Development
11.17.1 Veterans Development Company Detail
11.17.2 Veterans Development Business Overview
11.17.3 Veterans Development Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.17.4 Veterans Development Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.17.5 Veterans Development Recent Development
11.18 Warren Elevator
11.18.1 Warren Elevator Company Detail
11.18.2 Warren Elevator Business Overview
11.18.3 Warren Elevator Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.18.4 Warren Elevator Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.18.5 Warren Elevator Recent Development
11.19 Pickerings Lifts
11.19.1 Pickerings Lifts Company Detail
11.19.2 Pickerings Lifts Business Overview
11.19.3 Pickerings Lifts Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.19.4 Pickerings Lifts Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.19.5 Pickerings Lifts Recent Development
11.20 Potomac Elevator Company
11.20.1 Potomac Elevator Company Company Detail
11.20.2 Potomac Elevator Company Business Overview
11.20.3 Potomac Elevator Company Elevator Maintenance & Repair, New Installation & Modernization Introduction
11.20.4 Potomac Elevator Company Revenue in Elevator Maintenance & Repair, New Installation & Modernization Business (2019-2024)
11.20.5 Potomac Elevator Company Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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