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Global Elevator Repair and Maintenance Service Market Research Report 2024
Synopsis
Elevator Repair and Maintenance is the process of inspecting, repairing and testing elevators and hoists. This maintenance is very important to keep these systems running smoothly and safely.
Global Elevator Repair and Maintenance Service market is projected to reach US$ 661.8 million in 2029, increasing from US$ 430 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Elevator Repair and Maintenance Service market research.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Elevator Repair and Maintenance Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
NDC Elevator Drives
Stanley Elevator
Otis Signature Service
Schindler Elevator Corporation
Mitsubishi Electric Elevators
Southwest Elevator Company
Elevator Repair Service , Inc.
Nationwide Lifts
LNE Elevator
Mid-American Elevator
PEAK Elevator
Elevator Maintenance Co. Inc.
Champion Elevator Corp.
Segment by Type
Elevator Maintenance Service
Emergency Repair Service
Segment by Application
Residential Elevators
Commercial Elevators
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
The Elevator Repair and Maintenance Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Elevator Repair and Maintenance is the process of inspecting, repairing and testing elevators and hoists. This maintenance is very important to keep these systems running smoothly and safely.
Global Elevator Repair and Maintenance Service market is projected to reach US$ 661.8 million in 2029, increasing from US$ 430 million in 2022, with the CAGR of 5.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Elevator Repair and Maintenance Service market research.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Elevator Repair and Maintenance Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
NDC Elevator Drives
Stanley Elevator
Otis Signature Service
Schindler Elevator Corporation
Mitsubishi Electric Elevators
Southwest Elevator Company
Elevator Repair Service , Inc.
Nationwide Lifts
LNE Elevator
Mid-American Elevator
PEAK Elevator
Elevator Maintenance Co. Inc.
Champion Elevator Corp.
Segment by Type
Elevator Maintenance Service
Emergency Repair Service
Segment by Application
Residential Elevators
Commercial Elevators
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
The Elevator Repair and Maintenance Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Elevator Repair and Maintenance Service Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Elevator Maintenance Service
1.2.3 Emergency Repair Service
1.3 Market by Application
1.3.1 Global Elevator Repair and Maintenance Service Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Residential Elevators
1.3.3 Commercial Elevators
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Elevator Repair and Maintenance Service Market Perspective (2018-2029)
2.2 Elevator Repair and Maintenance Service Growth Trends by Region
2.2.1 Global Elevator Repair and Maintenance Service Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Elevator Repair and Maintenance Service Historic Market Size by Region (2018-2023)
2.2.3 Elevator Repair and Maintenance Service Forecasted Market Size by Region (2024-2029)
2.3 Elevator Repair and Maintenance Service Market Dynamics
2.3.1 Elevator Repair and Maintenance Service Industry Trends
2.3.2 Elevator Repair and Maintenance Service Market Drivers
2.3.3 Elevator Repair and Maintenance Service Market Challenges
2.3.4 Elevator Repair and Maintenance Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Elevator Repair and Maintenance Service Players by Revenue
3.1.1 Global Top Elevator Repair and Maintenance Service Players by Revenue (2018-2023)
3.1.2 Global Elevator Repair and Maintenance Service Revenue Market Share by Players (2018-2023)
3.2 Global Elevator Repair and Maintenance Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Elevator Repair and Maintenance Service Revenue
3.4 Global Elevator Repair and Maintenance Service Market Concentration Ratio
3.4.1 Global Elevator Repair and Maintenance Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Elevator Repair and Maintenance Service Revenue in 2022
3.5 Elevator Repair and Maintenance Service Key Players Head office and Area Served
3.6 Key Players Elevator Repair and Maintenance Service Product Solution and Service
3.7 Date of Enter into Elevator Repair and Maintenance Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Elevator Repair and Maintenance Service Breakdown Data by Type
4.1 Global Elevator Repair and Maintenance Service Historic Market Size by Type (2018-2023)
4.2 Global Elevator Repair and Maintenance Service Forecasted Market Size by Type (2024-2029)
5 Elevator Repair and Maintenance Service Breakdown Data by Application
5.1 Global Elevator Repair and Maintenance Service Historic Market Size by Application (2018-2023)
5.2 Global Elevator Repair and Maintenance Service Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Elevator Repair and Maintenance Service Market Size (2018-2029)
6.2 North America Elevator Repair and Maintenance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Elevator Repair and Maintenance Service Market Size by Country (2018-2023)
6.4 North America Elevator Repair and Maintenance Service Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Elevator Repair and Maintenance Service Market Size (2018-2029)
7.2 Europe Elevator Repair and Maintenance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Elevator Repair and Maintenance Service Market Size by Country (2018-2023)
7.4 Europe Elevator Repair and Maintenance Service Market Size by Country (2024-2029)
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 Repair and Maintenance Service Market Size (2018-2029)
8.2 Asia-Pacific Elevator Repair and Maintenance Service Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Elevator Repair and Maintenance Service Market Size by Region (2018-2023)
8.4 Asia-Pacific Elevator Repair and Maintenance Service Market Size by Region (2024-2029)
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 Repair and Maintenance Service Market Size (2018-2029)
9.2 Latin America Elevator Repair and Maintenance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Elevator Repair and Maintenance Service Market Size by Country (2018-2023)
9.4 Latin America Elevator Repair and Maintenance Service Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Elevator Repair and Maintenance Service Market Size (2018-2029)
10.2 Middle East & Africa Elevator Repair and Maintenance Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Elevator Repair and Maintenance Service Market Size by Country (2018-2023)
10.4 Middle East & Africa Elevator Repair and Maintenance Service Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 NDC Elevator Drives
11.1.1 NDC Elevator Drives Company Detail
11.1.2 NDC Elevator Drives Business Overview
11.1.3 NDC Elevator Drives Elevator Repair and Maintenance Service Introduction
11.1.4 NDC Elevator Drives Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.1.5 NDC Elevator Drives Recent Development
11.2 Stanley Elevator
11.2.1 Stanley Elevator Company Detail
11.2.2 Stanley Elevator Business Overview
11.2.3 Stanley Elevator Elevator Repair and Maintenance Service Introduction
11.2.4 Stanley Elevator Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.2.5 Stanley Elevator Recent Development
11.3 Otis Signature Service
11.3.1 Otis Signature Service Company Detail
11.3.2 Otis Signature Service Business Overview
11.3.3 Otis Signature Service Elevator Repair and Maintenance Service Introduction
11.3.4 Otis Signature Service Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.3.5 Otis Signature Service Recent Development
11.4 Schindler Elevator Corporation
11.4.1 Schindler Elevator Corporation Company Detail
11.4.2 Schindler Elevator Corporation Business Overview
11.4.3 Schindler Elevator Corporation Elevator Repair and Maintenance Service Introduction
11.4.4 Schindler Elevator Corporation Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.4.5 Schindler Elevator Corporation Recent Development
11.5 Mitsubishi Electric Elevators
11.5.1 Mitsubishi Electric Elevators Company Detail
11.5.2 Mitsubishi Electric Elevators Business Overview
11.5.3 Mitsubishi Electric Elevators Elevator Repair and Maintenance Service Introduction
11.5.4 Mitsubishi Electric Elevators Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.5.5 Mitsubishi Electric Elevators Recent Development
11.6 Southwest Elevator Company
11.6.1 Southwest Elevator Company Company Detail
11.6.2 Southwest Elevator Company Business Overview
11.6.3 Southwest Elevator Company Elevator Repair and Maintenance Service Introduction
11.6.4 Southwest Elevator Company Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.6.5 Southwest Elevator Company Recent Development
11.7 Elevator Repair Service , Inc.
11.7.1 Elevator Repair Service , Inc. Company Detail
11.7.2 Elevator Repair Service , Inc. Business Overview
11.7.3 Elevator Repair Service , Inc. Elevator Repair and Maintenance Service Introduction
11.7.4 Elevator Repair Service , Inc. Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.7.5 Elevator Repair Service , Inc. Recent Development
11.8 Nationwide Lifts
11.8.1 Nationwide Lifts Company Detail
11.8.2 Nationwide Lifts Business Overview
11.8.3 Nationwide Lifts Elevator Repair and Maintenance Service Introduction
11.8.4 Nationwide Lifts Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.8.5 Nationwide Lifts Recent Development
11.9 LNE Elevator
11.9.1 LNE Elevator Company Detail
11.9.2 LNE Elevator Business Overview
11.9.3 LNE Elevator Elevator Repair and Maintenance Service Introduction
11.9.4 LNE Elevator Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.9.5 LNE Elevator Recent Development
11.10 Mid-American Elevator
11.10.1 Mid-American Elevator Company Detail
11.10.2 Mid-American Elevator Business Overview
11.10.3 Mid-American Elevator Elevator Repair and Maintenance Service Introduction
11.10.4 Mid-American Elevator Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.10.5 Mid-American Elevator Recent Development
11.11 PEAK Elevator
11.11.1 PEAK Elevator Company Detail
11.11.2 PEAK Elevator Business Overview
11.11.3 PEAK Elevator Elevator Repair and Maintenance Service Introduction
11.11.4 PEAK Elevator Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.11.5 PEAK Elevator Recent Development
11.12 Elevator Maintenance Co. Inc.
11.12.1 Elevator Maintenance Co. Inc. Company Detail
11.12.2 Elevator Maintenance Co. Inc. Business Overview
11.12.3 Elevator Maintenance Co. Inc. Elevator Repair and Maintenance Service Introduction
11.12.4 Elevator Maintenance Co. Inc. Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.12.5 Elevator Maintenance Co. Inc. Recent Development
11.13 Champion Elevator Corp.
11.13.1 Champion Elevator Corp. Company Detail
11.13.2 Champion Elevator Corp. Business Overview
11.13.3 Champion Elevator Corp. Elevator Repair and Maintenance Service Introduction
11.13.4 Champion Elevator Corp. Revenue in Elevator Repair and Maintenance Service Business (2018-2023)
11.13.5 Champion Elevator Corp. 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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