세계의 에스컬레이터 및 무빙워크 시장 : 기회, 성장 촉진요인, 산업 동향 분석, 예측(2025-2034년)

The Global Escalators & Moving Walkways Market was valued at USD 18.2 billion in 2024 and is estimated to grow at a CAGR of 6.9% to reach USD 34.8 billion by 2034. Urbanization continues to drive this market as cities become more densely populated and infrastructure development accelerates. Governments and private developers are focusing heavily on expanding transportation hubs such as airports, metro stations, and public buildings to accommodate the growing urban populace. In these high-traffic environments, escalators and moving walkways are essential for managing large volumes of people, reducing congestion, and providing smooth and efficient transit across both vertical and horizontal spaces.

The surge in commercial property construction is a key factor in the market's growth, as shopping malls, office buildings, and other public spaces increasingly rely on escalators and moving walkways to improve access between levels. These installations are not only essential for operational flow but also contribute to the aesthetics and functionality of large commercial buildings. The increasing demand for systems that ensure accessibility, safety, and universal design is also driving adoption. With growing awareness of accessibility needs, these systems provide immense value for seniors and people with mobility impairments, enhancing ease of movement for people with luggage or strollers as well.

In 2024, the escalators segment generated USD 14.1 billion and is expected to continue growing at a rate of 6.6% through 2034. Escalators are essential in high-traffic environments such as shopping malls, airports, and metro stations, where they manage the movement of large numbers of people. In these settings, escalators are indispensable, offering a crucial service for multi-level structures where vertical transportation is required.

The public transit segment represented the largest market segment, accounting for a significant share in 2024. With a projected CAGR of 6.4% through 2034, the demand for escalators and moving walkways in transit hubs is expected to rise. These systems are vital for handling the massive foot traffic during peak hours at metro stations, airports, and railway terminals, ensuring smooth commuter flow and reducing congestion.

United States Escalators & Moving Walkways Market held a 79% share in 2024, generating USD 4.3 billion. This dominance can be attributed to rapid urbanization and significant investments in infrastructure. Major metropolitan areas are prioritizing vertical mobility solutions as part of broader efforts to enhance transportation and public infrastructure. Cities investing in high-rise buildings and modern transit systems have placed increasing importance on effective vertical mobility solutions, considering smart and eco-friendly building trends. Additionally, the expansion of public transit systems and airport facilities has further contributed to this market growth.

Key players in the Global Escalators & Moving Walkways Market include KONE, Mitsubishi Electric, Hitachi, Johnson Lifts, Sicher Elevator, Schindler, Fujitec, Stannah, Toshiba, TK Elevator, Dazen Elevator, Otis Elevator, Hyundai Elevator, KLEEMANN, and Sigma Elevator. To enhance their market position, companies in the escalators and moving walkways are adopting several strategic initiatives. These include expanding their product portfolios by integrating advanced features like energy-efficient motors, smart technology for predictive maintenance, and enhanced safety mechanisms. Partnerships and collaborations with large infrastructure developers are also a key strategy, enabling companies to become a part of large-scale commercial and public transit projects. Manufacturers are focusing on expanding their presence in emerging markets by establishing local production facilities and offering cost-effective solutions. Additionally, they are increasing investments in R&D to develop quieter, more environmentally friendly, and faster systems to meet the growing demand for efficient urban mobility solutions.

Table of Contents

Chapter 1 Methodology and scope

• 1.1 Market scope and definition
• 1.2 Research design
  • 1.2.1 Research approach
  • 1.2.2 Data collection methods
• 1.3 Data mining sources
  • 1.3.1 Global
  • 1.3.2 Regional/country
• 1.4 Base estimates and calculations
  • 1.4.1 Base year calculation
  • 1.4.2 Key trends for market estimation
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
• 1.6 Forecast model
• 1.7 Research assumptions and limitations

Chapter 2 Executive summary

• 2.1 Industry 360⁰ synopsis
• 2.2 Key market trends
  • 2.2.1 Regional
  • 2.2.2 By product type
  • 2.2.3 By height
  • 2.2.4 By business
  • 2.2.5 By end use
• 2.3 CXO perspectives: strategic imperatives
  • 2.3.1 Key decision points for industry executives
  • 2.3.2 Critical success factors for market players
• 2.4 Future outlook and strategic recommendations

Chapter 3 Industry insights

• 3.1 Industry ecosystem analysis
  • 3.1.1 Supplier landscape
  • 3.1.2 Profit margin
  • 3.1.3 Value addition at each stage
  • 3.1.4 Factor affecting the value chain
• 3.2 Industry impact forces
  • 3.2.1 Growth drivers
  • 3.2.2 Industry pitfalls & challenges
  • 3.2.3 Opportunities
• 3.3 Growth potential analysis
• 3.4 Future market trends
• 3.5 Technology and innovation landscape
  • 3.5.1 Current technological trends
  • 3.5.2 Emerging technologies
• 3.6 Price trends
  • 3.6.1 By region
  • 3.6.2 By product type
• 3.7 Regulatory landscape
  • 3.7.1 Standards and compliance requirements
  • 3.7.2 Regional regulatory frameworks
  • 3.7.3 Certification standards
• 3.8 Porter's analysis
• 3.9 PESTEL analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Introduction
• 4.2 Company market share analysis
  • 4.2.1 By region
    • 4.2.1.1 North America
    • 4.2.1.2 Europe
    • 4.2.1.3 Asia Pacific
    • 4.2.1.4 Latin America
    • 4.2.1.5 MEA
• 4.3 Company matrix analysis
• 4.4 Competitive analysis of major market players
• 4.5 Competitive positioning matrix
• 4.6 Key developments
  • 4.6.1 Mergers & acquisitions
  • 4.6.2 Partnerships & collaborations
  • 4.6.3 New product launches
  • 4.6.4 Expansion plans

Chapter 5 Market Estimates & Forecast, By Product type, 2021 - 2034 ($Billion, Million Units)

• 5.1 Key trends
• 5.2 Escalators
  • 5.2.1 Parallel
  • 5.2.2 Multi-parallel
  • 5.2.3 Others (belt-type escalators, step type escalators, etc.)
• 5.3 Moving walkways

Chapter 6 Market Estimates & Forecast, By Height, 2021 - 2034 ($Billion, Million Units)

• 6.1 Key trends
• 6.2 Low-rise
• 6.3 Mid-rise
• 6.4 High-rise

Chapter 7 Market Estimates & Forecast, By Business, 2021 - 2034 ($Billion, Million Units)

• 7.1 Key trends
• 7.2 New equipment
• 7.3 Maintenance
• 7.4 Modernization

Chapter 8 Market Estimates & Forecast, By End Use, 2021 - 2034 ($Billion, Million Units)

• 8.1 Key trends
• 8.2 Public transit
• 8.3 Airports
• 8.4 Retail
• 8.5 Institutional
• 8.6 Others (corporate, government buildings, etc.)

Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2034 ($Billion, Million Units)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 France
  • 9.3.4 Spain
  • 9.3.5 Italy
  • 9.3.6 Netherlands
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 Japan
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 South Korea
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
• 9.6 MEA
  • 9.6.1 South Africa
  • 9.6.2 Saudi Arabia
  • 9.6.3 UAE

Chapter 10 Company Profiles

• 10.1 Dazen Elevator
• 10.2 Fujitec
• 10.3 Hitachi
• 10.4 Hyundai Elevator
• 10.5 Johnson Lifts
• 10.6 KLEEMANN
• 10.7 KONE
• 10.8 Mitsubishi Electric
• 10.9 Otis Elevator
• 10.10 Schindler
• 10.11 Sicher Elevator
• 10.12 Sigma Elevator
• 10.13 Stannah
• 10.14 TK Elevator
• 10.15 Toshiba