Turkey Elevator and Escalator Market Growth Insights – New Installations to Reach 38.31 Thousand Units, Installed Base to Reach 850.41 Thousand Units, and Modernization Market to Reach USD 138.43 Million by 2031, Growing at a CAGR of 4.40% (2026–2031)

Turkey Elevator & Escalator Market Research Report 2026-2031

TURKEY ELEVATOR & ESCALATOR MARKET SIZE & SHARE

The Turkey elevator and escalator market size by new installations was valued at 29.59 thousand units in 2025 and is expected to reach 38.31 thousand units by 2031, growing at a CAGR of 4.40% during the forecast period. Strong construction activity supported by continued reconstruction, urban transformation and investment in transport and other public infrastructure is expected to drive demand for vertical transition units.

Turkey has a mature elevator and escalator market supported by a large installed base, continued urban development, and a well-established regulatory framework.

Growth in residential, commercial, healthcare, hospitality, and public-transit infrastructure is also supporting demand for elevators, escalators, and moving walks. In addition, increasing focus on energy efficiency, sustainability, digitalization, and seismic safety is encouraging adoption of regenerative drives, smart monitoring, advanced control systems, and earthquake-resistant elevator technologies.

RECENT DEVELOPMENT IN TURKEY ELEVATOR & ESCALATOR MARKET

1. In 2025, Atasay Jewellery selected Otis as the vertical mobility provider for its large-scale Atelier Towers project in Istanbul. The project is a zero-waste, LEED-certified mixed-use development combining industrial and residential spaces. Otis is supplying 44 vertical transportation units, including 32 Gen2 elevators and 12 Link escalators. The elevators are equipped with Compass 360 destination management technology, which helps optimize passenger flow and reduce congestion in the lobbies.
2. Otis expanded its flagship Gen3 MOD and Arise MOD modernization solutions across Europe and the broader EMEA region in 2026. This expansion allows building owners in Turkey to modernize older conventional rope-based elevators by upgrading them to digitally connected systems. The solutions use Otis’s lubrication-free coated steel belts, enabling improved reliability, smoother operation, and easier integration of modern digital technologies.

TURKEY ELEVATOR & ESCALATOR MARKET TRENDS

Seismic Safety and Standards

Seismic safety is becoming an increasingly important trend in Türkiye’s elevator market due to the country’s high earthquake risk, particularly following the February 2023 earthquakes. Building owners, developers, and authorities are placing greater emphasis on earthquake-resistant elevators, safety components, and reliable operation during seismic events. Industry discussions around EN 81-77 are further strengthening awareness. Meanwhile, urban transformation programs are encouraging modernization of older buildings. This trend is expected to support demand for seismic-compliant elevators, modernization, and safety upgrades through 2026–27.

Digitalization and Connected Services

Digitalization is becoming an important trend in Türkiye’s elevator market, driven by growing adoption of connected technologies, remote monitoring, diagnostics, and predictive maintenance. These solutions help elevator companies improve equipment reliability, reduce downtime, optimize maintenance visits, and enhance passenger safety. Industry discussions and solutions from leading manufacturers such as KONE, Schindler, and TK Elevator reflect this shift toward data-driven services. Through 2026–27, digitalization is expected to support demand for connected maintenance, digital service contracts, remote monitoring, and modernization of existing elevator systems.

TURKEY ELEVATOR & ESCALATOR MARKET DRIVERS

Earthquake Reconstruction and Urban Transformation

Earthquake reconstruction and urban transformation are major drivers of Türkiye’s elevator market. The February 2023 earthquakes created a substantial pipeline of reconstruction and replacement projects, with 455,357 independent units completed by the end of 2025. Nationally, around 6.7 million buildings have been identified for assessment or seismic transformation under Disaster Law No. 6306. Redevelopment of older buildings is generating demand for new elevators, modernization, replacement components, and maintenance services. Istanbul remains a key opportunity due to its large high-rise housing stock and earthquake exposure through 2026–27.

High-Rise Residential Development

High-rise and premium residential development is an important driver of Türkiye’s elevator market, particularly in Istanbul. Urbanization and demand for modern housing are encouraging construction of multi-storey apartments, luxury residences, and villa communities. TK Elevator’s 2025 contract to supply 50 EOX elevators for the MONA94 premium villa project in Beykoz highlights growing demand in premium low- and mid-rise developments. Istanbul remains the key market, while Ankara and Izmir offer additional opportunities. Continued residential construction and urban transformation are expected to support demand through 2026–27.

INDUSTRY RESTRAINTS

Shortage Of Skilled Labour Force

The shortage of skilled technical personnel is a key restraint for Türkiye’s elevator and escalator market. The industry requires specialized expertise for installation, maintenance, modernization, and R&D, while vocational training does not always match evolving technology requirements. Growing adoption of advanced systems, digital monitoring, and energy-efficient technologies further increases the need for skilled technicians. Limited availability of experienced personnel can raise labour costs, increase maintenance response times, and constrain installation capacity. This challenge is expected to become more significant as the installed base and modernization demand expand.

Regulatory Compliance and Inspection Challenges

Standards, certification, and inspection requirements remain an important restraint for Türkiye’s elevator and escalator market. Differences in compliance and enforcement can create an uneven competitive environment, while illegal, counterfeit, and non-standard components may place compliant companies under pressure. Inconsistent inspections can also allow safety deficiencies to remain unidentified, particularly across Türkiye’s large installed base. These challenges may increase maintenance risks, reduce equipment reliability, and affect consumer confidence. Strengthening certification, market surveillance, and periodic inspection practices would support safer and more reliable market development.

TURKEY ELEVATOR & ESCALATOR MARKET SEGMENTATION INSIGHTS

ELEVATORS

INSIGHTS BY MACHINE

The Turkey elevator and escalator market by machine is segmented into hydraulic and pneumatic, machine room traction, machine room less traction, and others. Based on new installations, the machine room less traction segment accounted for the largest market share of around 46% in 2025. MRL elevators, which place the gearless traction machine inside the elevator shaft instead of a separate machine room, have become a common choice for new mid-rise residential and commercial buildings in Turkey. The compact design of MRL traction elevators helps reduce building space requirements, structural costs, and energy consumption compared with traditional geared machine-room elevators.

Products such as Otis Gen2 and KONE MonoSpace are widely used in apartment buildings and mass-housing projects, including developments supported by Turkey’s Housing Development Administration (TOKİ).

INSIGHTS BY CARRIAGE TYPE

Based on the carriage type, the passenger segment (new installations) dominates and holds the largest share of the Turkey elevator & escalator market in 2025. Passenger elevators are widely used in residential buildings, offices, hotels, hospitals, and high-rise towers across major cities such as Istanbul, Ankara, and Izmir. Demand is supported by Turkey’s growing urban population, increasing high-rise development, and expanding hospitality sector.

The demand for passenger elevators is also evident in large-scale transport infrastructure projects. In 2023, Schindler installed 328 elevators at Istanbul Airport, representing a large-scale passenger elevator deployment in the transport infrastructure sector.

INSIGHTS BY CAPACITY

Based on capacity, the 2–15-person capacity segment, equivalent to approximately 150–1,000 kg, represents the high-volume segment of the Turkish elevator market. This capacity range is widely used in low- and mid-rise residential buildings, including privately developed apartment blocks and mass-housing projects developed under TOKİ.

Most of these buildings typically use 6–8-person Machine-Room-Less (MRL) elevators as standard. The same capacity range is also common in boutique hotels, small healthcare facilities, clinics, and low-rise office buildings, where moderate passenger volumes do not require high-capacity elevator systems.

INSIGHTS BY END-USERS

The residential segment represents the largest elevator market in Turkey by unit volume. MRL elevators, which place the gearless traction machine inside the elevator shaft instead of a separate machine room, have become a common choice for new mid-rise residential and commercial buildings in Turkey. The compact design of MRL traction elevators helps reduce building space requirements, structural costs, and energy consumption compared with traditional geared machine-room elevators.

Products such as Otis Gen2 and KONE MonoSpace are widely used in apartment buildings and mass-housing projects, including developments supported by Turkey’s Housing Development Administration (TOKİ).

ESCALTORS

INSIGHTS BY PRODUCT

Based on the product, the parallel escalators accounted for the largest share of the Turkey elevator & escalator market in terms of new installations. The parallel escalators are a pair of side-by-side moving staircases used for vertical transportation, commonly installed in high-traffic public spaces like metro stations, airports, and shopping malls. They offer efficient two-way passenger flow, though they require more floor space than crisscross arrangements.

Large shopping centres in Istanbul, such as Cevahir and Zorlu Centre, use multiple parallel escalators to connect shopping floors, cinemas, food courts, and other facilities. These escalators are often located around central atriums, allowing visitors to easily access different levels while maintaining visibility of retail stores.

INSIGHTS BY END-USERS

The public-transit segment of the end-user shows the highest growth in terms of new installations, with a CAGR of 3.93% during the forecast period. The public-transit segment is an important application area for escalators in Turkey, particularly in Istanbul, where the metro, rail, tram, and airport infrastructure requires large-scale vertical transportation systems.

Istanbul's expanding metro and tram network is creating demand for escalators as new lines and interchange stations are developed. It is the main demand centre, with major projects requiring large numbers of escalators to connect underground platforms, concourses, and street levels.

Public-transit projects generally require reliable, high-capacity, and safety-critical equipment and are often awarded through large project contracts. This makes public transportation an important market for major international elevator and escalator suppliers operating in Turkey.

TURKEY ELEVATOR & ESCALATOR MARKET REGIONAL ANALYSIS

ISTANBUL

Istanbul is expected to remain the largest demand centre for elevators and escalators in Turkey, supported by its large building stock, ongoing urban transformation, high-rise construction, commercial development, and extensive public-transport infrastructure. Urban transformation is particularly important because a significant portion of the city's existing buildings requires redevelopment and replacement.

The city also generates significant escalator and moving-walk demand because of its airports, metro network, shopping centers, railway stations, hospitals, and large commercial developments.

ANKARA

Ankara represents another important growth location, particularly for elevators and escalators associated with residential development, public infrastructure, hospitals, commercial buildings, and expanding rail transportation. The city's metropolitan expansion is increasing demand for vertical transportation in newly developed residential areas and mixed-use projects.

A major source of future escalator demand is Ankara's expanding metro network. In 2026, Ankara Metropolitan Municipality announced plans covering more than 44 km of new metro lines, including the Koru–Yaşamkent–Bağlıca extension, Kızılay–Dikmen, Çayyolu–Sincan, and Dikimevi–Natoyolu lines. The Dikimevi–Natoyolu project alone extends 7.46 km and includes eight stations, with construction underway.

IZMIR

Izmir is a significant regional market for elevators and escalators, supported by residential development, urban regeneration, commercial construction, tourism, and substantial investment in rail-based public transportation.

The city's large urban population and expanding metropolitan area create ongoing requirements for elevators in residential and mixed-use buildings, while public transportation projects generate demand for escalators and station elevators.

TURKEY ELEVATOR & ESCALATOR MARKET COMPETITIVE LANDSCAPE

Schindler, TK Elevators, KONE, OTIS, and Mitsubishi Electric are the leading five vendors in the Turkey elevators and escalators market.

Otis continues to focus on modernization and digital elevator solutions in Turkey, with its Turkish portfolio featuring Gen2 MOD modernization technology and SkyRise high-rise elevators.

Schindler completed a major installation at Ziraat Bank Headquarters in Istanbul, supplying 81 units, including 27 Schindler 7000 elevators, 32 Schindler 5500 elevators, and 19 Schindler 9300 escalators. The project included Turkey's first double-deck and dual-load elevator installations.

TKE secured a contract to supply 50 EOX elevators for the premium MONA94 residential project in Istanbul's Beykoz district.

KONE Türkiye celebrated 30 years of direct operations in Turkey, highlighting its nationwide service network, more than 500 employees, and 10 regional offices.