Passenger And Cargo Elevators Global Market Report 2025

Description

Passenger and cargo elevators are vertical transportation systems designed to efficiently move people (passengers) or goods (cargo) between floors in residential, commercial, or industrial buildings. Passenger elevators focus on safety, comfort, and speed, whereas cargo elevators are engineered for durability and heavy load capacity. These systems play a crucial role in modern infrastructure by improving accessibility and operational efficiency.

The primary types of these elevators are passenger and cargo elevators. Passenger elevators are vertical transportation systems intended to carry people between floors in residential, commercial, or public buildings. They utilize various technologies, including hydraulic, traction, and machine room-less systems, and come in capacities ranging from low to high. The main end-users include residential buildings, commercial buildings, industrial plants, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

The passenger and cargo elevators market research report is one of a series of new reports from The Business Research Company that provides passenger and cargo elevators market statistics, including the passenger and cargo elevators industry global market size, regional shares, competitors with the passenger and cargo elevators market share, detailed passenger and cargo elevators market segments, market trends, and opportunities, and any further data you may need to thrive in the passenger and cargo elevators industry. This passenger and cargo elevators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The passenger and cargo elevators market size has grown strongly in recent years. It will grow from $95.06 billion in 2024 to $104.13 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth during the historic period can be attributed to increasing urbanization, a growing number of commercial buildings, higher demand for vertical transportation, rising population density, and increased investment in infrastructure development.

The passenger and cargo elevators market size is expected to see strong growth in the next few years. It will grow to $147.99 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The projected growth in the forecast period is driven by rising demand for smart elevators, the construction of more high-rise buildings, a growing emphasis on energy efficiency, expanding urban infrastructure projects, and increased adoption in emerging economies. Key trends expected during the forecast period include advancements in elevator automation, innovations in touchless control systems, integration of smart sensors, adoption of advanced maintenance technologies, and the incorporation of AI and machine learning.

The rise in construction activities is driving the growth of the passenger and cargo elevator market, supported by increasing urbanization and infrastructure needs. Construction activities involve building, renovating, or maintaining residential, commercial, and infrastructure projects. This surge is primarily due to rapid urbanization, as growing populations in cities heighten the demand for various developments. Passenger and cargo elevators play a key role in construction by allowing efficient vertical transportation of workers, equipment, and materials in high-rise buildings and large-scale infrastructure projects, thereby enhancing both productivity and safety on-site. For example, in July 2023, the Australian Bureau of Statistics reported that in the March quarter of 2023, there were 240,813 dwellings under construction, an increase from 240,065 in 2022. Thus, the growing construction activities are contributing to the expansion of the passenger and cargo elevator market.

Key companies in the passenger and cargo elevator market are introducing cutting-edge innovations, including cloud-based APIs and integration with smart building systems, to improve efficiency, enhance passenger experiences, and support the evolution of intelligent urban infrastructure. These technologies involve the seamless integration of elevator systems with building management platforms and smart features for improved adaptability and performance. For instance, in August 2024, Otis, a U.S.-based company specializing in elevator and escalator solutions, introduced its advanced Gen3 digitally connected elevator in Thailand. This new model combines the reliable mechanics of the Gen2 elevator with the Otis ONE IoT platform, offering real-time performance monitoring, remote diagnostics, and predictive maintenance. It also provides enhanced user experiences through app-based controls, digital displays, and energy-efficient operations. This launch reflects a significant advancement in connected, efficient, and intelligent vertical mobility solutions.

In November 2024, Gulf Elevators & Escalators Company, based in Saudi Arabia, formed a partnership with China's Shenyang Yuanda Intellectual Industry Group to increase elevator production within the region. Through this collaboration, the two companies aim to strengthen local manufacturing capabilities in Saudi Arabia by utilizing advanced Chinese production technologies and contributing to the country's industrial development goals. Shenyang Yuanda Intellectual Industry Group is a China-based manufacturer of passenger and cargo elevators.

Major players in the passenger and cargo elevators market are Hitachi Ltd., Hainan Midea Building Technologies Co. Ltd., Thyssenkrupp AG, Mitsubishi Electric Corporation, Otis Elevator Company, Schindler Group, KONE Corporation, Hyundai Elevator Co. Ltd., Guangri Elevator Industry Co. Ltd., Canny Elevator Co. Ltd., Savaria Corporation, Orona Sociedad Cooperativa, Kleemann Hellas S.A., Stannah Lifts Holdings Ltd., Zhejiang Meilun Elevator Co. Ltd., Fujitec Co. Ltd., Mowrey Elevator Company Inc., GMV S.p.A., IFE Elevators Co. Ltd., Hangzhou Xiolift Elevator Co. Ltd.

Asia-Pacific was the largest region in the passenger and cargo elevators market in 2024. The regions covered in passenger and cargo elevators report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the passenger and cargo elevators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The passenger and cargo elevators market consists of revenues earned by entities by provide services such as installation services, modernization services, and consulting and inspection services. The market value includes the value of related goods sold by the service provider or included within the service offering. The passenger and cargo elevators market also includes sales of observation elevators, service elevators, and hospital elevators. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Passenger And Cargo Elevators Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on passenger and cargo elevators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

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Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Where is the largest and fastest growing market for passenger and cargo elevators ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The passenger and cargo elevators market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Passenger Elevators; Cargo Elevators
2) By Technology: Hydraulic; Traction; Machine Room-Less
3) By Capacity: Low; Medium; High
4) By End-User: Residential Buildings; Commercial Buildings; Industrial Plants; Other End-Users
Subsegments:
1) By Passenger Elevators: Hydraulic Elevators; Traction Elevators; Machine Room-Less (MRL) Elevators; Pneumatic Elevators; Residential Elevators; Commercial Elevators; Hospital Elevators; Capsule And Scenic Elevators
2) By Cargo Elevators: Hydraulic Cargo Elevators; Traction Cargo Elevators; Freight Elevators; Dumbwaiters; Industrial Goods Lifts; Vehicle Elevators; Explosion-Proof Elevators; Heavy-Duty Elevators
Companies Mentioned: Hitachi Ltd.; Hainan Midea Building Technologies Co. Ltd.; Thyssenkrupp AG; Mitsubishi Electric Corporation; Otis Elevator Company; Schindler Group; KONE Corporation; Hyundai Elevator Co. Ltd.; Guangri Elevator Industry Co. Ltd.; Canny Elevator Co. Ltd.; Savaria Corporation; Orona Sociedad Cooperativa; Kleemann Hellas S.A.; Stannah Lifts Holdings Ltd.; Zhejiang Meilun Elevator Co. Ltd.; Fujitec Co. Ltd.; Mowrey Elevator Company Inc.; GMV S.p.A.; IFE Elevators Co. Ltd.; Hangzhou Xiolift Elevator Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.

Product Code: r37564

1. Executive Summary

2. Passenger And Cargo Elevators Market Characteristics

3. Passenger And Cargo Elevators Market Trends And Strategies

4. Passenger And Cargo Elevators Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Passenger And Cargo Elevators Growth Analysis And Strategic Analysis Framework

5.1. Global Passenger And Cargo Elevators PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Passenger And Cargo Elevators Market Growth Rate Analysis
5.4. Global Passenger And Cargo Elevators Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Passenger And Cargo Elevators Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Passenger And Cargo Elevators Total Addressable Market (TAM)

6. Passenger And Cargo Elevators Market Segmentation

6.1. Global Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Passenger Elevators
Cargo Elevators
6.2. Global Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hydraulic
Traction
Machine Room-Less
6.3. Global Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Low
Medium
High
6.4. Global Passenger And Cargo Elevators Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Residential Buildings
Commercial Buildings
Industrial Plants
Other End-Users
6.5. Global Passenger And Cargo Elevators Market, Sub-Segmentation Of Passenger Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hydraulic Elevators
Traction Elevators
Machine Room-Less (MRL) Elevators
Pneumatic Elevators
Residential Elevators
Commercial Elevators
Hospital Elevators
Capsule And Scenic Elevators
6.6. Global Passenger And Cargo Elevators Market, Sub-Segmentation Of Cargo Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hydraulic Cargo Elevators
Traction Cargo Elevators
Freight Elevators
Dumbwaiters
Industrial Goods Lifts
Vehicle Elevators
Explosion-Proof Elevators
Heavy-Duty Elevators

7. Passenger And Cargo Elevators Market Regional And Country Analysis

7.1. Global Passenger And Cargo Elevators Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Passenger And Cargo Elevators Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Passenger And Cargo Elevators Market

8.1. Asia-Pacific Passenger And Cargo Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Passenger And Cargo Elevators Market

9.1. China Passenger And Cargo Elevators Market Overview
9.2. China Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Passenger And Cargo Elevators Market

10.1. India Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Passenger And Cargo Elevators Market

11.1. Japan Passenger And Cargo Elevators Market Overview
11.2. Japan Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Passenger And Cargo Elevators Market

12.1. Australia Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Passenger And Cargo Elevators Market

13.1. Indonesia Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Passenger And Cargo Elevators Market

14.1. South Korea Passenger And Cargo Elevators Market Overview
14.2. South Korea Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Passenger And Cargo Elevators Market

15.1. Western Europe Passenger And Cargo Elevators Market Overview
15.2. Western Europe Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Passenger And Cargo Elevators Market

16.1. UK Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Passenger And Cargo Elevators Market

17.1. Germany Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Passenger And Cargo Elevators Market

18.1. France Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Passenger And Cargo Elevators Market

19.1. Italy Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Passenger And Cargo Elevators Market

20.1. Spain Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Passenger And Cargo Elevators Market

21.1. Eastern Europe Passenger And Cargo Elevators Market Overview
21.2. Eastern Europe Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Passenger And Cargo Elevators Market

22.1. Russia Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Passenger And Cargo Elevators Market

23.1. North America Passenger And Cargo Elevators Market Overview
23.2. North America Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Passenger And Cargo Elevators Market

24.1. USA Passenger And Cargo Elevators Market Overview
24.2. USA Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Passenger And Cargo Elevators Market

25.1. Canada Passenger And Cargo Elevators Market Overview
25.2. Canada Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Passenger And Cargo Elevators Market

26.1. South America Passenger And Cargo Elevators Market Overview
26.2. South America Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Passenger And Cargo Elevators Market

27.1. Brazil Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Passenger And Cargo Elevators Market

28.1. Middle East Passenger And Cargo Elevators Market Overview
28.2. Middle East Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Passenger And Cargo Elevators Market

29.1. Africa Passenger And Cargo Elevators Market Overview
29.2. Africa Passenger And Cargo Elevators Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Passenger And Cargo Elevators Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Passenger And Cargo Elevators Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Passenger And Cargo Elevators Market Competitive Landscape And Company Profiles

30.1. Passenger And Cargo Elevators Market Competitive Landscape
30.2. Passenger And Cargo Elevators Market Company Profiles
- 30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Hainan Midea Building Technologies Co. Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Otis Elevator Company Overview, Products and Services, Strategy and Financial Analysis

31. Passenger And Cargo Elevators Market Other Major And Innovative Companies

31.1. Schindler Group
31.2. KONE Corporation
31.3. Hyundai Elevator Co. Ltd.
31.4. Guangri Elevator Industry Co. Ltd.
31.5. Canny Elevator Co. Ltd.
31.6. Savaria Corporation
31.7. Orona Sociedad Cooperativa
31.8. Kleemann Hellas S.A.
31.9. Stannah Lifts Holdings Ltd.
31.10. Zhejiang Meilun Elevator Co. Ltd.
31.11. Fujitec Co. Ltd.
31.12. Mowrey Elevator Company Inc.
31.13. GMV S.p.A.
31.14. IFE Elevators Co. Ltd.
31.15. Hangzhou Xiolift Elevator Co. Ltd.

32. Global Passenger And Cargo Elevators Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Passenger And Cargo Elevators Market

34. Recent Developments In The Passenger And Cargo Elevators Market

35. Passenger And Cargo Elevators Market High Potential Countries, Segments and Strategies

35.1 Passenger And Cargo Elevators Market In 2029 - Countries Offering Most New Opportunities
35.2 Passenger And Cargo Elevators Market In 2029 - Segments Offering Most New Opportunities
35.3 Passenger And Cargo Elevators Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer