Global Elevator Modernization Market

Elevator Modernization Comprehensive Study by Type (Hydraulic, Traction), Application (Freight Elevator, Passenger Elevator, Escalator & Moving Walkway), Component (Power Units, Cabin Enclosures, Controllers, Signaling Fixtures, Door Equipment, Others), End User (Industrial, Residential Building, Institutional, Marine, Commercial, Others) Players and Region - Global Market Outlook to 2030

Elevator Modernization Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 4.01%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Elevator Modernization
As the Elevators get older, the maintenance cost of the elevators increases and it is very difficult to find or replace the existing elevator systems or repair the same, then such elevators are subjected to a total replacement. This is known as an elevators modernization which includes the replacement of elevator components such as cabin enclosures, controllers, power units, signaling fixtures, door equipment, and many others. It is the process of replacing and enhancing the sensitive elevator parts in order to improve or maintain the speed and efficiency of the elevator. Many elevators provide around 20-30 years of service to the consumers depending upon the model purchased.

AttributesDetails
Study Period2018-2030
Base Year2023
High Growth MarketAsia Pacific
UnitValue (USD Billion)
CAGR4.01%


The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Otis Elevator Company, Schindler Group, KONE Oyj, Siemens AG. Analyst at AMA Research estimates that Asian Manufacturers will contribute the maximum growth to Global Elevator Modernization market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Otis Elevator Company (United States), Schindler Group (Switzerland), KONE Oyj, (Finland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Hitachi, Ltd. (Japan), Fujitec Co., Ltd. (Japan), Toshiba Elevator and Building Systems (Japan), HYUNDAIELEVATOR Co. Ltd. (South Korea) and United Technologies Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Shen Yang Yuanda Intellectual Industry Group Co., Ltd. (China) and Thyssen Elevators Co., Ltd. (China).

Segmentation Overview
AMA Research has segmented the market of Global Elevator Modernization market by Type (Hydraulic and Traction), Application (Freight Elevator, Passenger Elevator and Escalator & Moving Walkway) and Region.



On the basis of geography, the market of Elevator Modernization has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Component, the sub-segment i.e. Power Units will boost the Elevator Modernization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Industrial will boost the Elevator Modernization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Introduction to Internet-Connected Smart Elevators and Adoption of Cloud Predictive Maintenance leads to reduce Maintenance Cost

Market Growth Drivers:
Growing concerns about User Safety and Comfort in Elevators and Reduces Operational Cost of the Elevators

Challenges:
Lack of Construction Automation Investments in Undeveloped Regions and Upsurging Raw Material and Labor Cost Associated with Elevator Installation

Restraints:
Higher Costs Incurred in Initial Elevator Installments and Stops the Ongoing Operations due to Time Consuming Replacements

Opportunities:
Growing Industrialization and Construction Automation and Rising Strategic Alliances with the IT and Electronics Companies to Integrate Smart Features

Market Leaders and their expansionary development strategies
In June 2022, Schindler Elevator Corporation, a leading elevator and escalator company in Canada, has acquired Ascension Elevating Devices Ltd. (AED) based near Saint John, New Brunswick. The acquisition enables Schindler to expand its presence into Atlantic Canada and lay the groundwork for future growth in the area. The acquisition to enhance the customer experience by adding Schindler’s high quality, new installation products and maintenance tools
In May 2023 , TK Elevator launched new-generation AGILE Destination Control kiosks. TK Elevator’s industry-leading AGILE solution was designed to ensure ultimate passenger experiences in complex mixed-use projects and buildings with varying traffic patterns.


Key Target Audience
Elevator Manufacturers, Elevators Suppliers and Distributors, Construction Companies, Electronic Equipment and Sensor OEM's, Government Agenies, Construction Indusatry Associations and Others

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Hydraulic
  • Traction
By Application
  • Freight Elevator
  • Passenger Elevator
  • Escalator & Moving Walkway
By Component
  • Power Units
  • Cabin Enclosures
  • Controllers
  • Signaling Fixtures
  • Door Equipment
  • Others

By End User
  • Industrial
  • Residential Building
  • Institutional
  • Marine
  • Commercial
  • Others

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Growing concerns about User Safety and Comfort in Elevators
      • 3.2.2. Reduces Operational Cost of the Elevators
    • 3.3. Market Challenges
      • 3.3.1. Lack of Construction Automation Investments in Undeveloped Regions
      • 3.3.2. Upsurging Raw Material and Labor Cost Associated with Elevator Installation
    • 3.4. Market Trends
      • 3.4.1. Introduction to Internet-Connected Smart Elevators
      • 3.4.2. Adoption of Cloud Predictive Maintenance leads to reduce Maintenance Cost
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Elevator Modernization, by Type, Application, Component, End User and Region (value, volume and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Elevator Modernization (Value)
      • 5.2.1. Global Elevator Modernization by: Type (Value)
        • 5.2.1.1. Hydraulic
        • 5.2.1.2. Traction
      • 5.2.2. Global Elevator Modernization by: Application (Value)
        • 5.2.2.1. Freight Elevator
        • 5.2.2.2. Passenger Elevator
        • 5.2.2.3. Escalator & Moving Walkway
      • 5.2.3. Global Elevator Modernization by: Component (Value)
        • 5.2.3.1. Power Units
        • 5.2.3.2. Cabin Enclosures
        • 5.2.3.3. Controllers
        • 5.2.3.4. Signaling Fixtures
        • 5.2.3.5. Door Equipment
        • 5.2.3.6. Others
      • 5.2.4. Global Elevator Modernization by: End User (Value)
        • 5.2.4.1. Industrial
        • 5.2.4.2. Residential Building
        • 5.2.4.3. Institutional
        • 5.2.4.4. Marine
        • 5.2.4.5. Commercial
        • 5.2.4.6. Others
      • 5.2.5. Global Elevator Modernization Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
    • 5.3. Global Elevator Modernization (Volume)
      • 5.3.1. Global Elevator Modernization by: Type (Volume)
        • 5.3.1.1. Hydraulic
        • 5.3.1.2. Traction
      • 5.3.2. Global Elevator Modernization by: Application (Volume)
        • 5.3.2.1. Freight Elevator
        • 5.3.2.2. Passenger Elevator
        • 5.3.2.3. Escalator & Moving Walkway
      • 5.3.3. Global Elevator Modernization by: Component (Volume)
        • 5.3.3.1. Power Units
        • 5.3.3.2. Cabin Enclosures
        • 5.3.3.3. Controllers
        • 5.3.3.4. Signaling Fixtures
        • 5.3.3.5. Door Equipment
        • 5.3.3.6. Others
      • 5.3.4. Global Elevator Modernization by: End User (Volume)
        • 5.3.4.1. Industrial
        • 5.3.4.2. Residential Building
        • 5.3.4.3. Institutional
        • 5.3.4.4. Marine
        • 5.3.4.5. Commercial
        • 5.3.4.6. Others
      • 5.3.5. Global Elevator Modernization Region
        • 5.3.5.1. South America
          • 5.3.5.1.1. Brazil
          • 5.3.5.1.2. Argentina
          • 5.3.5.1.3. Rest of South America
        • 5.3.5.2. Asia Pacific
          • 5.3.5.2.1. China
          • 5.3.5.2.2. Japan
          • 5.3.5.2.3. India
          • 5.3.5.2.4. South Korea
          • 5.3.5.2.5. Taiwan
          • 5.3.5.2.6. Australia
          • 5.3.5.2.7. Rest of Asia-Pacific
        • 5.3.5.3. Europe
          • 5.3.5.3.1. Germany
          • 5.3.5.3.2. France
          • 5.3.5.3.3. Italy
          • 5.3.5.3.4. United Kingdom
          • 5.3.5.3.5. Netherlands
          • 5.3.5.3.6. Rest of Europe
        • 5.3.5.4. MEA
          • 5.3.5.4.1. Middle East
          • 5.3.5.4.2. Africa
        • 5.3.5.5. North America
          • 5.3.5.5.1. United States
          • 5.3.5.5.2. Canada
          • 5.3.5.5.3. Mexico
    • 5.4. Global Elevator Modernization (Price)
      • 5.4.1. Global Elevator Modernization by: Type (Price)
  • 6. Elevator Modernization: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Otis Elevator Company (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Schindler Group (Switzerland)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. KONE Oyj, (Finland)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Siemens AG (Germany)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Mitsubishi Electric Corporation (Japan)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Hitachi, Ltd. (Japan)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Fujitec Co., Ltd. (Japan)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Toshiba Elevator and Building Systems (Japan)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. HYUNDAIELEVATOR Co. Ltd. (South Korea)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. United Technologies Corporation (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Elevator Modernization Sale, by Type, Application, Component, End User and Region (value, volume and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Elevator Modernization (Value)
      • 7.2.1. Global Elevator Modernization by: Type (Value)
        • 7.2.1.1. Hydraulic
        • 7.2.1.2. Traction
      • 7.2.2. Global Elevator Modernization by: Application (Value)
        • 7.2.2.1. Freight Elevator
        • 7.2.2.2. Passenger Elevator
        • 7.2.2.3. Escalator & Moving Walkway
      • 7.2.3. Global Elevator Modernization by: Component (Value)
        • 7.2.3.1. Power Units
        • 7.2.3.2. Cabin Enclosures
        • 7.2.3.3. Controllers
        • 7.2.3.4. Signaling Fixtures
        • 7.2.3.5. Door Equipment
        • 7.2.3.6. Others
      • 7.2.4. Global Elevator Modernization by: End User (Value)
        • 7.2.4.1. Industrial
        • 7.2.4.2. Residential Building
        • 7.2.4.3. Institutional
        • 7.2.4.4. Marine
        • 7.2.4.5. Commercial
        • 7.2.4.6. Others
      • 7.2.5. Global Elevator Modernization Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
    • 7.3. Global Elevator Modernization (Volume)
      • 7.3.1. Global Elevator Modernization by: Type (Volume)
        • 7.3.1.1. Hydraulic
        • 7.3.1.2. Traction
      • 7.3.2. Global Elevator Modernization by: Application (Volume)
        • 7.3.2.1. Freight Elevator
        • 7.3.2.2. Passenger Elevator
        • 7.3.2.3. Escalator & Moving Walkway
      • 7.3.3. Global Elevator Modernization by: Component (Volume)
        • 7.3.3.1. Power Units
        • 7.3.3.2. Cabin Enclosures
        • 7.3.3.3. Controllers
        • 7.3.3.4. Signaling Fixtures
        • 7.3.3.5. Door Equipment
        • 7.3.3.6. Others
      • 7.3.4. Global Elevator Modernization by: End User (Volume)
        • 7.3.4.1. Industrial
        • 7.3.4.2. Residential Building
        • 7.3.4.3. Institutional
        • 7.3.4.4. Marine
        • 7.3.4.5. Commercial
        • 7.3.4.6. Others
      • 7.3.5. Global Elevator Modernization Region
        • 7.3.5.1. South America
          • 7.3.5.1.1. Brazil
          • 7.3.5.1.2. Argentina
          • 7.3.5.1.3. Rest of South America
        • 7.3.5.2. Asia Pacific
          • 7.3.5.2.1. China
          • 7.3.5.2.2. Japan
          • 7.3.5.2.3. India
          • 7.3.5.2.4. South Korea
          • 7.3.5.2.5. Taiwan
          • 7.3.5.2.6. Australia
          • 7.3.5.2.7. Rest of Asia-Pacific
        • 7.3.5.3. Europe
          • 7.3.5.3.1. Germany
          • 7.3.5.3.2. France
          • 7.3.5.3.3. Italy
          • 7.3.5.3.4. United Kingdom
          • 7.3.5.3.5. Netherlands
          • 7.3.5.3.6. Rest of Europe
        • 7.3.5.4. MEA
          • 7.3.5.4.1. Middle East
          • 7.3.5.4.2. Africa
        • 7.3.5.5. North America
          • 7.3.5.5.1. United States
          • 7.3.5.5.2. Canada
          • 7.3.5.5.3. Mexico
    • 7.4. Global Elevator Modernization (Price)
      • 7.4.1. Global Elevator Modernization by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Elevator Modernization: by Type(USD Billion)
  • Table 2. Elevator Modernization Hydraulic , by Region USD Billion (2018-2023)
  • Table 3. Elevator Modernization Traction , by Region USD Billion (2018-2023)
  • Table 4. Elevator Modernization: by Application(USD Billion)
  • Table 5. Elevator Modernization Freight Elevator , by Region USD Billion (2018-2023)
  • Table 6. Elevator Modernization Passenger Elevator , by Region USD Billion (2018-2023)
  • Table 7. Elevator Modernization Escalator & Moving Walkway , by Region USD Billion (2018-2023)
  • Table 8. Elevator Modernization: by Component(USD Billion)
  • Table 9. Elevator Modernization Power Units , by Region USD Billion (2018-2023)
  • Table 10. Elevator Modernization Cabin Enclosures , by Region USD Billion (2018-2023)
  • Table 11. Elevator Modernization Controllers , by Region USD Billion (2018-2023)
  • Table 12. Elevator Modernization Signaling Fixtures , by Region USD Billion (2018-2023)
  • Table 13. Elevator Modernization Door Equipment , by Region USD Billion (2018-2023)
  • Table 14. Elevator Modernization Others , by Region USD Billion (2018-2023)
  • Table 15. Elevator Modernization: by End User(USD Billion)
  • Table 16. Elevator Modernization Industrial , by Region USD Billion (2018-2023)
  • Table 17. Elevator Modernization Residential Building , by Region USD Billion (2018-2023)
  • Table 18. Elevator Modernization Institutional , by Region USD Billion (2018-2023)
  • Table 19. Elevator Modernization Marine , by Region USD Billion (2018-2023)
  • Table 20. Elevator Modernization Commercial , by Region USD Billion (2018-2023)
  • Table 21. Elevator Modernization Others , by Region USD Billion (2018-2023)
  • Table 22. South America Elevator Modernization, by Country USD Billion (2018-2023)
  • Table 23. South America Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 24. South America Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 25. South America Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 26. South America Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 27. Brazil Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 28. Brazil Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 29. Brazil Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 30. Brazil Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 31. Argentina Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 32. Argentina Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 33. Argentina Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 34. Argentina Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 35. Rest of South America Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 36. Rest of South America Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 37. Rest of South America Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 38. Rest of South America Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 39. Asia Pacific Elevator Modernization, by Country USD Billion (2018-2023)
  • Table 40. Asia Pacific Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 41. Asia Pacific Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 42. Asia Pacific Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 43. Asia Pacific Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 44. China Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 45. China Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 46. China Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 47. China Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 48. Japan Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 49. Japan Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 50. Japan Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 51. Japan Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 52. India Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 53. India Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 54. India Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 55. India Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 56. South Korea Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 57. South Korea Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 58. South Korea Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 59. South Korea Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 60. Taiwan Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 61. Taiwan Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 62. Taiwan Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 63. Taiwan Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 64. Australia Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 65. Australia Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 66. Australia Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 67. Australia Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 68. Rest of Asia-Pacific Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 69. Rest of Asia-Pacific Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 70. Rest of Asia-Pacific Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 71. Rest of Asia-Pacific Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 72. Europe Elevator Modernization, by Country USD Billion (2018-2023)
  • Table 73. Europe Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 74. Europe Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 75. Europe Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 76. Europe Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 77. Germany Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 78. Germany Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 79. Germany Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 80. Germany Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 81. France Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 82. France Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 83. France Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 84. France Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 85. Italy Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 86. Italy Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 87. Italy Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 88. Italy Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 89. United Kingdom Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 90. United Kingdom Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 91. United Kingdom Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 92. United Kingdom Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 93. Netherlands Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 94. Netherlands Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 95. Netherlands Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 96. Netherlands Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 97. Rest of Europe Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 98. Rest of Europe Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 99. Rest of Europe Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 100. Rest of Europe Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 101. MEA Elevator Modernization, by Country USD Billion (2018-2023)
  • Table 102. MEA Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 103. MEA Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 104. MEA Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 105. MEA Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 106. Middle East Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 107. Middle East Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 108. Middle East Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 109. Middle East Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 110. Africa Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 111. Africa Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 112. Africa Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 113. Africa Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 114. North America Elevator Modernization, by Country USD Billion (2018-2023)
  • Table 115. North America Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 116. North America Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 117. North America Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 118. North America Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 119. United States Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 120. United States Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 121. United States Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 122. United States Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 123. Canada Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 124. Canada Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 125. Canada Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 126. Canada Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 127. Mexico Elevator Modernization, by Type USD Billion (2018-2023)
  • Table 128. Mexico Elevator Modernization, by Application USD Billion (2018-2023)
  • Table 129. Mexico Elevator Modernization, by Component USD Billion (2018-2023)
  • Table 130. Mexico Elevator Modernization, by End User USD Billion (2018-2023)
  • Table 131. Elevator Modernization Sales: by Type(Units)
  • Table 132. Elevator Modernization Sales Hydraulic , by Region Units (2018-2023)
  • Table 133. Elevator Modernization Sales Traction , by Region Units (2018-2023)
  • Table 134. Elevator Modernization Sales: by Application(Units)
  • Table 135. Elevator Modernization Sales Freight Elevator , by Region Units (2018-2023)
  • Table 136. Elevator Modernization Sales Passenger Elevator , by Region Units (2018-2023)
  • Table 137. Elevator Modernization Sales Escalator & Moving Walkway , by Region Units (2018-2023)
  • Table 138. Elevator Modernization Sales: by Component(Units)
  • Table 139. Elevator Modernization Sales Power Units , by Region Units (2018-2023)
  • Table 140. Elevator Modernization Sales Cabin Enclosures , by Region Units (2018-2023)
  • Table 141. Elevator Modernization Sales Controllers , by Region Units (2018-2023)
  • Table 142. Elevator Modernization Sales Signaling Fixtures , by Region Units (2018-2023)
  • Table 143. Elevator Modernization Sales Door Equipment , by Region Units (2018-2023)
  • Table 144. Elevator Modernization Sales Others , by Region Units (2018-2023)
  • Table 145. Elevator Modernization Sales: by End User(Units)
  • Table 146. Elevator Modernization Sales Industrial , by Region Units (2018-2023)
  • Table 147. Elevator Modernization Sales Residential Building , by Region Units (2018-2023)
  • Table 148. Elevator Modernization Sales Institutional , by Region Units (2018-2023)
  • Table 149. Elevator Modernization Sales Marine , by Region Units (2018-2023)
  • Table 150. Elevator Modernization Sales Commercial , by Region Units (2018-2023)
  • Table 151. Elevator Modernization Sales Others , by Region Units (2018-2023)
  • Table 152. South America Elevator Modernization Sales, by Country Units (2018-2023)
  • Table 153. South America Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 154. South America Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 155. South America Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 156. South America Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 157. Brazil Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 158. Brazil Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 159. Brazil Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 160. Brazil Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 161. Argentina Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 162. Argentina Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 163. Argentina Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 164. Argentina Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 165. Rest of South America Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 166. Rest of South America Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 167. Rest of South America Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 168. Rest of South America Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 169. Asia Pacific Elevator Modernization Sales, by Country Units (2018-2023)
  • Table 170. Asia Pacific Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 171. Asia Pacific Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 172. Asia Pacific Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 173. Asia Pacific Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 174. China Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 175. China Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 176. China Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 177. China Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 178. Japan Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 179. Japan Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 180. Japan Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 181. Japan Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 182. India Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 183. India Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 184. India Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 185. India Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 186. South Korea Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 187. South Korea Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 188. South Korea Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 189. South Korea Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 190. Taiwan Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 191. Taiwan Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 192. Taiwan Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 193. Taiwan Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 194. Australia Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 195. Australia Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 196. Australia Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 197. Australia Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 198. Rest of Asia-Pacific Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 199. Rest of Asia-Pacific Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 200. Rest of Asia-Pacific Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 201. Rest of Asia-Pacific Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 202. Europe Elevator Modernization Sales, by Country Units (2018-2023)
  • Table 203. Europe Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 204. Europe Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 205. Europe Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 206. Europe Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 207. Germany Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 208. Germany Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 209. Germany Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 210. Germany Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 211. France Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 212. France Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 213. France Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 214. France Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 215. Italy Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 216. Italy Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 217. Italy Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 218. Italy Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 219. United Kingdom Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 220. United Kingdom Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 221. United Kingdom Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 222. United Kingdom Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 223. Netherlands Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 224. Netherlands Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 225. Netherlands Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 226. Netherlands Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 227. Rest of Europe Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 228. Rest of Europe Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 229. Rest of Europe Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 230. Rest of Europe Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 231. MEA Elevator Modernization Sales, by Country Units (2018-2023)
  • Table 232. MEA Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 233. MEA Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 234. MEA Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 235. MEA Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 236. Middle East Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 237. Middle East Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 238. Middle East Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 239. Middle East Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 240. Africa Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 241. Africa Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 242. Africa Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 243. Africa Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 244. North America Elevator Modernization Sales, by Country Units (2018-2023)
  • Table 245. North America Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 246. North America Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 247. North America Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 248. North America Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 249. United States Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 250. United States Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 251. United States Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 252. United States Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 253. Canada Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 254. Canada Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 255. Canada Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 256. Canada Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 257. Mexico Elevator Modernization Sales, by Type Units (2018-2023)
  • Table 258. Mexico Elevator Modernization Sales, by Application Units (2018-2023)
  • Table 259. Mexico Elevator Modernization Sales, by Component Units (2018-2023)
  • Table 260. Mexico Elevator Modernization Sales, by End User Units (2018-2023)
  • Table 261. Elevator Modernization: by Type(USD/Units)
  • Table 262. Company Basic Information, Sales Area and Its Competitors
  • Table 263. Company Basic Information, Sales Area and Its Competitors
  • Table 264. Company Basic Information, Sales Area and Its Competitors
  • Table 265. Company Basic Information, Sales Area and Its Competitors
  • Table 266. Company Basic Information, Sales Area and Its Competitors
  • Table 267. Company Basic Information, Sales Area and Its Competitors
  • Table 268. Company Basic Information, Sales Area and Its Competitors
  • Table 269. Company Basic Information, Sales Area and Its Competitors
  • Table 270. Company Basic Information, Sales Area and Its Competitors
  • Table 271. Company Basic Information, Sales Area and Its Competitors
  • Table 272. Elevator Modernization: by Type(USD Billion)
  • Table 273. Elevator Modernization Hydraulic , by Region USD Billion (2025-2030)
  • Table 274. Elevator Modernization Traction , by Region USD Billion (2025-2030)
  • Table 275. Elevator Modernization: by Application(USD Billion)
  • Table 276. Elevator Modernization Freight Elevator , by Region USD Billion (2025-2030)
  • Table 277. Elevator Modernization Passenger Elevator , by Region USD Billion (2025-2030)
  • Table 278. Elevator Modernization Escalator & Moving Walkway , by Region USD Billion (2025-2030)
  • Table 279. Elevator Modernization: by Component(USD Billion)
  • Table 280. Elevator Modernization Power Units , by Region USD Billion (2025-2030)
  • Table 281. Elevator Modernization Cabin Enclosures , by Region USD Billion (2025-2030)
  • Table 282. Elevator Modernization Controllers , by Region USD Billion (2025-2030)
  • Table 283. Elevator Modernization Signaling Fixtures , by Region USD Billion (2025-2030)
  • Table 284. Elevator Modernization Door Equipment , by Region USD Billion (2025-2030)
  • Table 285. Elevator Modernization Others , by Region USD Billion (2025-2030)
  • Table 286. Elevator Modernization: by End User(USD Billion)
  • Table 287. Elevator Modernization Industrial , by Region USD Billion (2025-2030)
  • Table 288. Elevator Modernization Residential Building , by Region USD Billion (2025-2030)
  • Table 289. Elevator Modernization Institutional , by Region USD Billion (2025-2030)
  • Table 290. Elevator Modernization Marine , by Region USD Billion (2025-2030)
  • Table 291. Elevator Modernization Commercial , by Region USD Billion (2025-2030)
  • Table 292. Elevator Modernization Others , by Region USD Billion (2025-2030)
  • Table 293. South America Elevator Modernization, by Country USD Billion (2025-2030)
  • Table 294. South America Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 295. South America Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 296. South America Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 297. South America Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 298. Brazil Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 299. Brazil Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 300. Brazil Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 301. Brazil Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 302. Argentina Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 303. Argentina Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 304. Argentina Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 305. Argentina Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 306. Rest of South America Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 307. Rest of South America Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 308. Rest of South America Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 309. Rest of South America Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 310. Asia Pacific Elevator Modernization, by Country USD Billion (2025-2030)
  • Table 311. Asia Pacific Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 312. Asia Pacific Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 313. Asia Pacific Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 314. Asia Pacific Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 315. China Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 316. China Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 317. China Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 318. China Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 319. Japan Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 320. Japan Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 321. Japan Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 322. Japan Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 323. India Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 324. India Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 325. India Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 326. India Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 327. South Korea Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 328. South Korea Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 329. South Korea Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 330. South Korea Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 331. Taiwan Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 332. Taiwan Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 333. Taiwan Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 334. Taiwan Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 335. Australia Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 336. Australia Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 337. Australia Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 338. Australia Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 339. Rest of Asia-Pacific Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 340. Rest of Asia-Pacific Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 341. Rest of Asia-Pacific Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 342. Rest of Asia-Pacific Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 343. Europe Elevator Modernization, by Country USD Billion (2025-2030)
  • Table 344. Europe Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 345. Europe Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 346. Europe Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 347. Europe Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 348. Germany Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 349. Germany Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 350. Germany Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 351. Germany Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 352. France Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 353. France Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 354. France Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 355. France Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 356. Italy Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 357. Italy Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 358. Italy Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 359. Italy Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 360. United Kingdom Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 361. United Kingdom Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 362. United Kingdom Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 363. United Kingdom Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 364. Netherlands Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 365. Netherlands Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 366. Netherlands Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 367. Netherlands Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 368. Rest of Europe Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 369. Rest of Europe Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 370. Rest of Europe Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 371. Rest of Europe Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 372. MEA Elevator Modernization, by Country USD Billion (2025-2030)
  • Table 373. MEA Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 374. MEA Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 375. MEA Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 376. MEA Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 377. Middle East Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 378. Middle East Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 379. Middle East Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 380. Middle East Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 381. Africa Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 382. Africa Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 383. Africa Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 384. Africa Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 385. North America Elevator Modernization, by Country USD Billion (2025-2030)
  • Table 386. North America Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 387. North America Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 388. North America Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 389. North America Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 390. United States Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 391. United States Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 392. United States Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 393. United States Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 394. Canada Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 395. Canada Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 396. Canada Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 397. Canada Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 398. Mexico Elevator Modernization, by Type USD Billion (2025-2030)
  • Table 399. Mexico Elevator Modernization, by Application USD Billion (2025-2030)
  • Table 400. Mexico Elevator Modernization, by Component USD Billion (2025-2030)
  • Table 401. Mexico Elevator Modernization, by End User USD Billion (2025-2030)
  • Table 402. Elevator Modernization Sales: by Type(Units)
  • Table 403. Elevator Modernization Sales Hydraulic , by Region Units (2025-2030)
  • Table 404. Elevator Modernization Sales Traction , by Region Units (2025-2030)
  • Table 405. Elevator Modernization Sales: by Application(Units)
  • Table 406. Elevator Modernization Sales Freight Elevator , by Region Units (2025-2030)
  • Table 407. Elevator Modernization Sales Passenger Elevator , by Region Units (2025-2030)
  • Table 408. Elevator Modernization Sales Escalator & Moving Walkway , by Region Units (2025-2030)
  • Table 409. Elevator Modernization Sales: by Component(Units)
  • Table 410. Elevator Modernization Sales Power Units , by Region Units (2025-2030)
  • Table 411. Elevator Modernization Sales Cabin Enclosures , by Region Units (2025-2030)
  • Table 412. Elevator Modernization Sales Controllers , by Region Units (2025-2030)
  • Table 413. Elevator Modernization Sales Signaling Fixtures , by Region Units (2025-2030)
  • Table 414. Elevator Modernization Sales Door Equipment , by Region Units (2025-2030)
  • Table 415. Elevator Modernization Sales Others , by Region Units (2025-2030)
  • Table 416. Elevator Modernization Sales: by End User(Units)
  • Table 417. Elevator Modernization Sales Industrial , by Region Units (2025-2030)
  • Table 418. Elevator Modernization Sales Residential Building , by Region Units (2025-2030)
  • Table 419. Elevator Modernization Sales Institutional , by Region Units (2025-2030)
  • Table 420. Elevator Modernization Sales Marine , by Region Units (2025-2030)
  • Table 421. Elevator Modernization Sales Commercial , by Region Units (2025-2030)
  • Table 422. Elevator Modernization Sales Others , by Region Units (2025-2030)
  • Table 423. South America Elevator Modernization Sales, by Country Units (2025-2030)
  • Table 424. South America Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 425. South America Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 426. South America Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 427. South America Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 428. Brazil Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 429. Brazil Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 430. Brazil Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 431. Brazil Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 432. Argentina Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 433. Argentina Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 434. Argentina Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 435. Argentina Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 436. Rest of South America Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 437. Rest of South America Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 438. Rest of South America Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 439. Rest of South America Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 440. Asia Pacific Elevator Modernization Sales, by Country Units (2025-2030)
  • Table 441. Asia Pacific Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 442. Asia Pacific Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 443. Asia Pacific Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 444. Asia Pacific Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 445. China Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 446. China Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 447. China Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 448. China Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 449. Japan Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 450. Japan Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 451. Japan Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 452. Japan Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 453. India Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 454. India Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 455. India Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 456. India Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 457. South Korea Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 458. South Korea Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 459. South Korea Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 460. South Korea Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 461. Taiwan Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 462. Taiwan Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 463. Taiwan Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 464. Taiwan Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 465. Australia Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 466. Australia Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 467. Australia Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 468. Australia Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 469. Rest of Asia-Pacific Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 470. Rest of Asia-Pacific Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 471. Rest of Asia-Pacific Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 472. Rest of Asia-Pacific Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 473. Europe Elevator Modernization Sales, by Country Units (2025-2030)
  • Table 474. Europe Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 475. Europe Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 476. Europe Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 477. Europe Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 478. Germany Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 479. Germany Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 480. Germany Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 481. Germany Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 482. France Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 483. France Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 484. France Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 485. France Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 486. Italy Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 487. Italy Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 488. Italy Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 489. Italy Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 490. United Kingdom Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 491. United Kingdom Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 492. United Kingdom Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 493. United Kingdom Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 494. Netherlands Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 495. Netherlands Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 496. Netherlands Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 497. Netherlands Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 498. Rest of Europe Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 499. Rest of Europe Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 500. Rest of Europe Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 501. Rest of Europe Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 502. MEA Elevator Modernization Sales, by Country Units (2025-2030)
  • Table 503. MEA Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 504. MEA Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 505. MEA Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 506. MEA Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 507. Middle East Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 508. Middle East Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 509. Middle East Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 510. Middle East Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 511. Africa Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 512. Africa Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 513. Africa Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 514. Africa Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 515. North America Elevator Modernization Sales, by Country Units (2025-2030)
  • Table 516. North America Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 517. North America Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 518. North America Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 519. North America Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 520. United States Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 521. United States Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 522. United States Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 523. United States Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 524. Canada Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 525. Canada Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 526. Canada Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 527. Canada Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 528. Mexico Elevator Modernization Sales, by Type Units (2025-2030)
  • Table 529. Mexico Elevator Modernization Sales, by Application Units (2025-2030)
  • Table 530. Mexico Elevator Modernization Sales, by Component Units (2025-2030)
  • Table 531. Mexico Elevator Modernization Sales, by End User Units (2025-2030)
  • Table 532. Elevator Modernization: by Type(USD/Units)
  • Table 533. Research Programs/Design for This Report
  • Table 534. Key Data Information from Secondary Sources
  • Table 535. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Elevator Modernization: by Type USD Billion (2018-2023)
  • Figure 5. Global Elevator Modernization: by Application USD Billion (2018-2023)
  • Figure 6. Global Elevator Modernization: by Component USD Billion (2018-2023)
  • Figure 7. Global Elevator Modernization: by End User USD Billion (2018-2023)
  • Figure 8. South America Elevator Modernization Share (%), by Country
  • Figure 9. Asia Pacific Elevator Modernization Share (%), by Country
  • Figure 10. Europe Elevator Modernization Share (%), by Country
  • Figure 11. MEA Elevator Modernization Share (%), by Country
  • Figure 12. North America Elevator Modernization Share (%), by Country
  • Figure 13. Global Elevator Modernization: by Type Units (2018-2023)
  • Figure 14. Global Elevator Modernization: by Application Units (2018-2023)
  • Figure 15. Global Elevator Modernization: by Component Units (2018-2023)
  • Figure 16. Global Elevator Modernization: by End User Units (2018-2023)
  • Figure 17. South America Elevator Modernization Share (%), by Country
  • Figure 18. Asia Pacific Elevator Modernization Share (%), by Country
  • Figure 19. Europe Elevator Modernization Share (%), by Country
  • Figure 20. MEA Elevator Modernization Share (%), by Country
  • Figure 21. North America Elevator Modernization Share (%), by Country
  • Figure 22. Global Elevator Modernization: by Type USD/Units (2018-2023)
  • Figure 23. Global Elevator Modernization share by Players 2023 (%)
  • Figure 24. Global Elevator Modernization share by Players (Top 3) 2023(%)
  • Figure 25. Global Elevator Modernization share by Players (Top 5) 2023(%)
  • Figure 26. BCG Matrix for key Companies
  • Figure 27. Otis Elevator Company (United States) Revenue, Net Income and Gross profit
  • Figure 28. Otis Elevator Company (United States) Revenue: by Geography 2023
  • Figure 29. Schindler Group (Switzerland) Revenue, Net Income and Gross profit
  • Figure 30. Schindler Group (Switzerland) Revenue: by Geography 2023
  • Figure 31. KONE Oyj, (Finland) Revenue, Net Income and Gross profit
  • Figure 32. KONE Oyj, (Finland) Revenue: by Geography 2023
  • Figure 33. Siemens AG (Germany) Revenue, Net Income and Gross profit
  • Figure 34. Siemens AG (Germany) Revenue: by Geography 2023
  • Figure 35. Mitsubishi Electric Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 36. Mitsubishi Electric Corporation (Japan) Revenue: by Geography 2023
  • Figure 37. Hitachi, Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 38. Hitachi, Ltd. (Japan) Revenue: by Geography 2023
  • Figure 39. Fujitec Co., Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 40. Fujitec Co., Ltd. (Japan) Revenue: by Geography 2023
  • Figure 41. Toshiba Elevator and Building Systems (Japan) Revenue, Net Income and Gross profit
  • Figure 42. Toshiba Elevator and Building Systems (Japan) Revenue: by Geography 2023
  • Figure 43. HYUNDAIELEVATOR Co. Ltd. (South Korea) Revenue, Net Income and Gross profit
  • Figure 44. HYUNDAIELEVATOR Co. Ltd. (South Korea) Revenue: by Geography 2023
  • Figure 45. United Technologies Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 46. United Technologies Corporation (United States) Revenue: by Geography 2023
  • Figure 47. Global Elevator Modernization: by Type USD Billion (2025-2030)
  • Figure 48. Global Elevator Modernization: by Application USD Billion (2025-2030)
  • Figure 49. Global Elevator Modernization: by Component USD Billion (2025-2030)
  • Figure 50. Global Elevator Modernization: by End User USD Billion (2025-2030)
  • Figure 51. South America Elevator Modernization Share (%), by Country
  • Figure 52. Asia Pacific Elevator Modernization Share (%), by Country
  • Figure 53. Europe Elevator Modernization Share (%), by Country
  • Figure 54. MEA Elevator Modernization Share (%), by Country
  • Figure 55. North America Elevator Modernization Share (%), by Country
  • Figure 56. Global Elevator Modernization: by Type Units (2025-2030)
  • Figure 57. Global Elevator Modernization: by Application Units (2025-2030)
  • Figure 58. Global Elevator Modernization: by Component Units (2025-2030)
  • Figure 59. Global Elevator Modernization: by End User Units (2025-2030)
  • Figure 60. South America Elevator Modernization Share (%), by Country
  • Figure 61. Asia Pacific Elevator Modernization Share (%), by Country
  • Figure 62. Europe Elevator Modernization Share (%), by Country
  • Figure 63. MEA Elevator Modernization Share (%), by Country
  • Figure 64. North America Elevator Modernization Share (%), by Country
  • Figure 65. Global Elevator Modernization: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Otis Elevator Company (United States)
  • Schindler Group (Switzerland)
  • KONE Oyj, (Finland)
  • Siemens AG (Germany)
  • Mitsubishi Electric Corporation (Japan)
  • Hitachi, Ltd. (Japan)
  • Fujitec Co., Ltd. (Japan)
  • Toshiba Elevator and Building Systems (Japan)
  • HYUNDAIELEVATOR Co. Ltd. (South Korea)
  • United Technologies Corporation (United States)
Additional players considered in the study are as follows:
Shen Yang Yuanda Intellectual Industry Group Co., Ltd. (China) , Thyssen Elevators Co., Ltd. (China)
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Key Highlights of Report


Apr 2024 242 Pages 97 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Global Elevator Modernization Market Quantitative research analysis
Global Elevator Modernization Market Qualitative Industry Analysis
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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as Otis Elevator Company (United States), Schindler Group (Switzerland), KONE Oyj, (Finland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Hitachi, Ltd. (Japan), Fujitec Co., Ltd. (Japan), Toshiba Elevator and Building Systems (Japan), HYUNDAIELEVATOR Co. Ltd. (South Korea) and United Technologies Corporation (United States) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Introduction to Internet-Connected Smart Elevators " is seen as one of major influencing trends for Elevator Modernization Market during projected period 2023-2030.
The Elevator Modernization market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.
Analysts at AMA estimates Elevator Modernization Market to reach USD14.32 Billion by 2030.

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