World - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Lift market

Lift - World's Largest Markets

Rating	Country
1	China
2	United States
3	Japan
4	India
5	Brazil

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -3.0%. In the other countries, the average annual rates were as follows: the United States (-2.7% per year) and Japan (-2.8% per year).

Lift, Elevator and Moving Stairway Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Belarus	11552	12773	11238	-1.4%
Sweden	15180	12691	12195	-10.4%
United States	10288	12368	12361	9.6%
Spain	15805	13538	13287	-8.3%
Slovakia	21318	20582	15842	-13.8%
Canada	12971	15185	15845	10.5%
Turkey	17461	17446	16269	-3.5%
Thailand	16693	13087	16486	-0.6%
Netherlands	17581	17250	17754	0.5%
China	22373	16223	17792	-10.8%
France	25179	23038	18603	-14.0%
Italy	19163	20036	18791	-1.0%
Germany	17814	17604	20075	6.2%
Average	17724	16207	16341	-4.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($20,075 per unit), while Belarus ($11,238 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
France	18021	17530	20495	6.6%
Australia	16880	15614	19125	6.4%
United Kingdom	14321	19205	19033	15.3%
Netherlands	18448	17029	17539	-2.5%
Russia	15776	14964	16212	1.4%
Switzerland	19234	17574	14232	-14.0%
Canada	10826	14404	13536	11.8%
United States	8246	9128	12069	21.0%
India	8953	13464	11921	15.4%
Malaysia	12675	11679	10691	-8.2%
Germany	13127	9704	10000	-12.7%
Singapore	3773	8473	8007	45.7%
Dominican Republic	24486	18468	1440	-75.7%
Average	14920	15702	15684	2.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($20,495 per unit), while the Dominican Republic ($1,440 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Lift, Elevator and Moving Stairway - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.4	0.5	0.4	1.7%
Russia	0.3	0.3	0.3	4.7%
Germany	0.2	0.3	0.3	15.4%
United Kingdom	0.3	0.3	0.3	-6.0%
Canada	0.3	0.4	0.3	-7.3%

In value terms, the largest lift, elevator and moving stairway importing markets worldwide were the United States ($423M), Russia ($348M) and Germany ($321M), with a combined 15% share of global imports.

Germany saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lift, Elevator and Moving Stairway - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	2.2	2.1	1.8	-8.2%
Italy	0.9	0.8	0.9	0.9%
Germany	1.1	0.9	0.9	-10.1%
Spain	0.8	0.7	0.6	-14.4%
Netherlands	0.5	0.5	0.5	-3.6%

In value terms, China ($1.8B) remains the largest lift, elevator and moving stairway supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by Italy ($906M), with a 11% share of global exports. It was followed by Germany, with a 11% share.

In China, lift, elevator and moving stairway exports shrank by an average annual rate of -8.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+0.9% per year) and Germany (-10.1% per year).

Lift, Elevator and Moving Stairway - Market Forecast

Driven by rising demand for lift, elevator and moving stairway worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lift, Elevator and Moving Stairway - Top Companies

AS Aufzüge AG, Shanghai Mechanical and Electrical Industry Co., Ltd., Shanghai Mitsubishi Elevator Co., Ltd., HITACHI BUILDING SYSTEMS CO., LTD., Thyssenkrupp Elevator Corporation, Hitachi Elevator (China) Co., Ltd., Hyundai Elevator Co., Ltd., FUJITEC CO., LTD., Schindler (China) Elevator Co., Ltd., Otis Electric Elevator Co., Ltd., Thyssen Elevators Co., Ltd., TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION, Schindler Enterprises Inc., Schindler Elevator Corporation, ZARDOYA OTIS, SA, OTIS ELEVATOR COMPANY PTY LTD, SANSCORD PTY LTD, ThyssenKrupp Elevator (Korea) Ltd., Tisenkeu Roof Elevator Korea Gangseo Co., Ltd., Elevadores Atlas Schindler Ltda

Lift - Product Coverage

HS 842810 - Lifts and skip hoists; for lifting, handling, loading or unloading
HS 842820 - Elevators and conveyors; pneumatic, for lifting, handling, loading or unloading
HS 842840 - Escalators and moving walkways
HS 842860 - Teleferics, chair-lifts, ski-draglines, traction mechanisms for funiculars

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for lift, elevator, stairway and dragline. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221630 - Electrically operated lifts and skip hoists
Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
Prodcom 28221670 - Escalators and moving walkways
Prodcom 28221740 - Pneumatic elevators and conveyors
Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023