As the global economy mends, the 2021 growth of Elevator Maintenance & Repair, New Installation & Modernization will have significant change from previous year. According to our (LP Information) latest study, the global Elevator Maintenance & Repair, New Installation & Modernization market size is USD million in 2022 from USD 7415 million in 2021, with a change of % between 2021 and 2022. The global Elevator Maintenance & Repair, New Installation & Modernization market size will reach USD 9385.2 million in 2028, growing at a CAGR of 3.4% over the analysis period.
The United States Elevator Maintenance & Repair, New Installation & Modernization market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Elevator Maintenance & Repair, New Installation & Modernization market, reaching US$ million by the year 2028. As for the Europe Elevator Maintenance & Repair, New Installation & Modernization landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Elevator Maintenance & Repair, New Installation & Modernization players cover Otis, KONE, Hitachi, and Fujitec, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Maintenance & Repair, New Installation & Modernization market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Maintenance & Repair
New Installation
Modernization
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Commercial
Residential
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
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