Latest Report Update: Jul 4, 2020

U.S. Elevator And Moving Stairway Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Overview of the Market for Elevators And Moving Stairways 2020

Market Size for Elevators And Moving Stairways in the U.S.

The U.S. elevator and moving stairway market surged to $X in 2019, growing by X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2013 to 2019: its value increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the near future.

Production of Elevators And Moving Stairways in the U.S.

In value terms, elevator and moving stairway production soared to $X in 2019. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% year-to-year. Elevator and moving stairway production peaked in 2019 and is likely to continue growth in the near future.

Exports of Elevators And Moving Stairways

Exports from the U.S.

In 2019, shipments abroad of elevators and moving stairways decreased by -X% to X units for the first time since 2016, thus ending a two-year rising trend. Over the period under review, total exports indicated a temperate increase from 2013 to 2019: its volume increased at an average annual rate of +X% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of X units, and then dropped in the following year.

In value terms, elevator and moving stairway exports expanded significantly to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2013 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Canada (X units) was the main destination for elevator and moving stairway exports from the U.S., with a X% share of total exports. Moreover, elevator and moving stairway exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of volume to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Germany (-X% per year).

In value terms, Canada ($X) remains the key foreign market for elevator and moving stairway exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Germany (+X% per year).

Export Prices by Country

The average elevator and moving stairway export price stood at $X per unit in 2019, surging by X% against the previous year. In general, the export price, however, showed a slight reduction. Over the period under review, average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced a decline.

Imports of Elevators And Moving Stairways

Imports into the U.S.

In 2019, overseas purchases of elevators and moving stairways increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

In value terms, elevator and moving stairway imports expanded significantly to $X in 2019. The total import value increased at an average annual rate of +X% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X units), Canada (X units) and China (X units) were the main suppliers of elevator and moving stairway imports to the U.S., with a combined X% share of total imports. These countries were followed by Germany, Pakistan, Italy, the UK, Mexico, the Czech Republic, Denmark, Austria and South Korea, which together accounted for a further X 2013 to 2019, the biggest increases were in Pakistan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest elevator and moving stairway suppliers to the U.S. were Canada ($X), China ($X) and Mexico ($X), together accounting for X% of total imports. These countries were followed by the UK, Italy, Germany, Austria, the Czech Republic, South Korea, the Netherlands, Denmark and Pakistan, which together accounted for a further X recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average elevator and moving stairway import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by the UK (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of elevators and moving stairways to the U.S.?
+
In value terms, Canada ($207M), China ($138M) and Mexico ($96M) constituted the largest elevator and moving stairway suppliers to the U.S., with a combined 62% share of total imports. The UK, Italy, Germany, Austria, the Czech Republic, South Korea, the Netherlands, Denmark and Pakistan lagged somewhat behind, together accounting for a further 22%.
What are the leading importers of elevators and moving stairways from the U.S.?
+
In value terms, Canada ($380M) remains the key foreign market for elevator and moving stairway exports from the U.S., comprising 79% of total exports. The second position in the ranking was occupied by Mexico ($22M), with a 4.5% share of total exports. It was followed by Germany, with a 2.2% share.
What is the average export price for elevators and moving stairways in the U.S.?
+
In 2019, the average elevator and moving stairway export price amounted to $15,738 per unit, growing by 24% against the previous year.
What is the average import price for elevators and moving stairways in the U.S.?
+
In 2019, the average elevator and moving stairway import price amounted to $17,398 per unit, growing by 1.9% against the previous year.

Product coverage:
• NAICS 333921 - Elevator and moving stairway manufacturing

This report provides an in-depth analysis of the market for elevator and moving stairway in the U.S.. 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 2025.


Companies mentioned:
• Otis Elevator Company
• Schindler Elevator Corporation
• Thyssenkrupp North America
• Thyssenkrupp Elevator Manufacturing
• G.A.L. Manufacturing Corporation
• Motion Control Engineering
• Time Manufacturing Company
• Minnesota Elevator
• Innovation Industries
• Gunderlin Ltd.
• Fujitec America
• D. A. Matot
• Bagby Elevator Company
• Inclinator Company of America
• Columbia Elevator Products Co.
• Residential Elevators
• Versalift East
• Essick Air Products
• Waupaca Elevator Company
• Elevator Research & Mfg.co.
• Tyler Cole Enterprises
• Canton Elevator
• Hollister-Whitney Elevator Corp.
• National Elevator Cab & Door Corp.
• EMR Elevator
• Harmar Summit
• C.E.C. Elevator Cab Corp.
• Georgia Elevator Company
• Thyssenkrupp Elevator Corporation
• Cemcolift
• Elevator Equipment Corporation
• Monitor Elevator Products
• Elevator Cabs of N.Y.
• O'Flaherty Holdings
• Schindler Enterprises

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2013–2019
Table 3:
Market Value, 2013–2019
Table 4:
Per Capita Consumption In 2013–2019
Table 5:
Imports, In Physical Terms, By Country, 2013–2019
Table 6:
Imports, In Value Terms, By Country, 2013–2019
Table 7:
Import Prices, By Country Of Origin, 2013–2019
Table 8:
Exports, In Physical Terms, By Country, 2013–2019
Table 9:
Exports, In Value Terms, By Country, 2013–2019
Table 10:
Export Prices, By Country Of Destination, 2013–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2019
Figure 2:
Market Value, 2013–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2019
Figure 5:
Trade Balance, In Physical Terms, 2013–2019
Figure 6:
Trade Balance, In Value Terms, 2013–2019
Figure 7:
Per Capita Consumption, 2013–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2019
Figure 21:
Production, In Value Terms, 2013–2019
Figure 22:
Imports, In Physical Terms, 2013–2019
Figure 23:
Imports, In Value Terms, 2013–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2013–2019
Figure 26:
Imports, In Value Terms, By Country, 2013–2019
Figure 27:
Import Prices, By Country Of Origin, 2013–2019
Figure 28:
Exports, In Physical Terms, 2013–2019
Figure 29:
Exports, In Value Terms, 2013–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2013–2019
Figure 32:
Exports, In Value Terms, By Country, 2013–2019
Figure 33:
Export Prices, By Country Of Destination, 2013–2019

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