LOGIN CART ()
HOME
All Reports Automotive & Mobility Logistics & Packaging Pharma Pipeline Analysis Data Center Knowledge Base Garden Tools Market
Smart Tech Healthcare & Lifesciences Industrial Machinery Chemicals & Materials IT & Media
DATA CENTER REPORTS GARDEN TOOLS REPORTS ABOUT US SERVICES FAQ CONTACT
UK Elevators and Escalators Market Report

UK Elevators and Escalators - Market Size & Forecast 2022-2028

PUBLISHED DATE : Apr 2022 | Pages : 111

Request Free Sample Customize this Report
  1. Home
  2. Industrial Machinery
  3. Uk Elevator And Escalator Mark...
Market Overview Snapshot Table of Contents List of Exhibits Pricing Details REQUEST SAMPLE

UK ELEVATORS AND ESCALATORS MARKET WAS VALUED AT 9.3 THOUSAND UNITS IN 2021 AND IS EXPECTED TO REACH 12.8 THOUSAND UNITS BY 2028 GROWING AT A CAGR OF 4.7% DURING 2021-2028.

UK Elevators and Escalators Market Size (Volume) 

  • Installation Base
  • New Installation Type
  • Modernization (In Billion)
  • Maintenance (In Billion)

UK Elevators Market Size (Volume) 

  • Installation Base
  • New Installation Type
  • Modernization & Maintenance (In Million)

UK Escalators Market Size by Volume  

  • Installation Base
  • New Installation Type
  • Modernization & Maintenance (In Million)

UK Elevators and Escalators Market Size, Share, & Trends Analysis Report by 

  • Machine Type: Hydraulic and Pneumatic, Machine Room Traction, Machine Room Less Traction, and Others 
  • Carriage Type: Passenger and Freight 
  • Capacity: 2-15 Persons, 16-24 Persons, 25-33 Persons, and 34 Persons and Above 
  • End-User: Commercial, Residential, Industrial, and Others 

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022–2028

Licence Types What are these?
Buy Now Enquire Before Buying
GET ACTIONABLE INSIGHTS ON HOW COVID-19 IS IMPACTING YOUR BUSINESS
Enquire Now Download Free Sample

Most Exhaustive Report

icon-pages

111 Pages

icon-table

15 Tables

icon-chart

53 Charts

icon-region

1 Regions

icon-country

1 Countries

icon-company

18 Companies

icon-market

4 Market Segment

UK ELEVATORS AND ESCALATORS MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE BY NEW INSTALLATIONS (2028) 12.8 thousand units
MARKET SIZE BY NEW INSTALLATIONS (2021) 9.3 thousand units
CAGR (2021-2028) 4.7%
MARKET SIZE BY INSTALLED BASE (2028) 451,551 UNITS
MARKET SIZE BY MODERNIZATION (2028) USD 167 MILLION
Base Year 2021
FORECAST YEAR 2022-2028
MARKET SEGMENTATION BY CARRAIGE TYPE Passenger and Freight
MARKET SEGMENTATION BY PERSON Persons (2-15, 16-24, 25-33, 34 and Above)
MARKET SEGMENTATION BY END-USER Commercial, Residential, Industrial and Others
MARKET SEGMENTATION BY TYPE Hydraulic and Pneumatic, Machine Room Traction, Machine Room Less Traction, and Others

MARKET INSIGHTS

UK Elevators and escalators market was valued at 9.3 thousand units in 2021 and is expected to reach 12.8 thousand units by 2028 growing at a CAGR of 4.7% during the forecast period (2022-2028). Growth in residential and office infrastructure investment will be A long-term demand driver for Escalator and Elevator Market.

KEY HIGHLIGHTS IN THE REPORT

  • According to the World Economic Forum, more than 500 smart cities are being built around the UK. For instance, the Cloud Valley project launched in April 2021 with a 13 million square feet area that uses Wi-Fi-connected devices and sensors to gather data on everything from people's food habits to pollution.
  • In the UK, little over 80% of housing is classified as urban, while 19% is rural. This varies by country, with Wales and Northern Ireland having the most rural areas.
  • In 2019, there are about 270 existing high-rise buildings and structures in the UK, with over 70% of them in London. Only 17 high-rise structures in the UK are taller than 150 meters (492 feet), and only one is taller than 300 meters, the Shard in London.
  • The latest World Bank Ease of Doing Business, 2021 ranking placed the UK as the eight best in the European Union for dealing with construction permits.
  • Nearly USD 2.8 billion will be invested by the government of the UK into building new homes on unused or derelict land in England. According to the government of the UK, 160,000 greener homes are to be built on brownfield land the size of 2,000 football pitches
  • According to the Office for National Statistics, the UK's urban area covers around 1.77 million hectares. Natural land cover accounts for 0.54 million hectares (30.7%), compared to 0.53 million (31.0%) in 2017. Scotland has the greenest urban areas on average (36.4%).
  • Population projections from 2015 to 2025 demonstrate cities have a percentage growth rate of 7.6% compared to the UK growth rate of 6.7%. Bristol, Greater London, the West Midlands, and Edinburgh city regions all have higher projected population growth rates than the UK. Increasing population to boost urbanization trend which is further likely to surge elevators & escalators market in the UK.

Expanding Infrastructure & Commercial Construction To Hike Escalator's Demand

  • The UK stands seventh amongst all the European countries in terms of the installed base, with Spain being the top market. Many UK cities, including several very prosperous regions with dense populations, nonetheless have a very low Elevator & Escalator density ratio. As a result, the regions provide opportunities for the country's general density expansion. In the UK, little over 80% of housing is classified as urban, while 19% is rural. This varies by country, with Wales and Northern Ireland having the most rural areas.
  • The Infrastructure and Projects Authority published the National Infrastructure and Construction Pipeline, with current estimates of around USD 825.8 billion of infrastructure investment over the next ten years, including a doubling of economic infrastructure from 2022 to 2023.
  • In 2021, the United Kingdom announced the funding of more than USD 4.11 billion in green investments over five years and additional guarantees to promote sustainable infrastructure projects in developing nations.
  • The UK Government is expected to invest USD 4.3 billion in constructing 40 hospitals by 2030. The government is implementing new guidelines that will help standardize the new hospitals' design and utilize modular construction methods to accelerate the building program.
  • In 2021, the UK government to provide an India Green Guarantee to the World Bank to unlock an added USD 1,032.2 million for green projects across India. The green guarantee financing supports resilient and clean infrastructure in transport, clean energy, and urban development.

Residential Construction To Boost Demand For Elevators

  • According to the Council on Tall Buildings and Urban Habitat, the UK is the 3rd tallest country in Europe and the 22nd tallest country globally by no. of 150m+ completed buildings.
  • There are roughly 549 high-rise structures in the development pipeline across the UK, with around 58 percent in London. However, projects in London account for more than three-quarters of the total pipeline value.
  • The construction of a 55-story skyscraper in Salford is about to start in 2021, one of the UK's tallest towers outside of London. Revised plans for the One Heritage Tower in Greengate were sanctioned in January 2020 and have been given consent by the Salford council.
  • In 2020, USD 53.4 billion of revenue was generated from residential building construction, and commercial building construction generated USD 14.1 billion.
  • In July 2021, the UK had 1,277 existing high-rise buildings and structures at least 50m tall and 266 at least 75m tall, the vast majority of which are in London, while other key locations include Manchester and Birmingham.

 An established installed base translates opportunities for maintenance & modernization during new installations potential across public infrastructure

  • The United Kingdom boasts Europe's fourth-largest rail network. The United Kingdom has a modern, privatized rail network that connects major cities in the United Kingdom to continental Europe via the world-class Eurostar rail service.
  • The United Kingdom also possesses Europe's largest air transportation system. Almost all of Europe's main technological marketplaces are within 2 hours of any of south England's international airports, including Heathrow, Gatwick, Stansted, City, and Luton.
  • Rail passenger demand is expected to expand by 40% by 2030, and rail freight has the potential to nearly double with unrestricted growth, which could present an opportunity for this market.
  • There are a high number of raging building in the UK that requires maintenance of the equipment to ensure safety
  • The expansion and building of new stations around the country are driving the market's long-term growth potential, accounting for 11.8 percent of the entire elevators and escalators market in the UK in 2021. 

VENDOR LANDSCAPE

  • The key players in the elevator and escalator market in the UK include KONE, Otis, Hyundai Elevator, TK Elevator, Mitsubishi Electric, Hitachi, Schindler, Fujitec, Titan, and UK Lift Escalator.
  • The top four prominent vendors, including KONE, Otis, Schindler, and TKE account for 49% of the market share in the UK.
  • KONE offered ~180,000 new escalators and elevators ordered and more than 1.4 million units in maintenance base in 2020, resulting in a major UK elevator and escalator market share.

UK Elevators and Escalators - Market Size & Forecast 2022-2028

GET SAMPLE BUY NOW

Frequently Asked Questions

HOW BIG IS THE UK ELEVATOR AND ESCALATOR MARKET?

UK Elevator & Escalator market by new installations were 9.3 thousand units in 2021, which is expected to reach 12.8 thousand units by 2028.

WHAT ARE THE GROWTH FACTORS IN THE UK ELEVATOR AND ESCALATOR industry?

Rising demand for smart technologies and increasing urbanization adoption are the industry's growth factors.

WHO ARE THE KEY COMPANIES IN THE UK ELEVATOR AND ESCALATOR MARKET?

Key companies include KONE, Mitsubishi Electric, TK Elevator, Hitachi, Hyundai Elevator, Otis, Fujitec, Schindler, Titan Elevators, and UK Lift and Escalator.

IN THE UK, HOW MANY ELEVATORS AND ESCALATORS WERE INSTALLED IN 2021?

In 2021, around 338141 units of elevators and escalators were installed across the UK.

Download Free Sample

UK Elevators and escalators market was valued at 9.3 thousand units in 2021 and is expected to reach 12.8 thousand units by 2028 growing at a CAGR of 4.7% during the forecast period.

Many UK cities, including several very prosperous regions with dense populations, nonetheless have a very low Elevator & Escalator density ratio. As a result, the regions provide opportunities for the country's general density expansion.

Base Year: 2021

Forecast Year: 2022-2027

Scope: The report considers the present scenario of the UK elevators & escalators market and market dynamics for 2022−2028. It covers a detailed overview of several growth enablers, restraints, and trends in the market. The study includes the volume and value sales with a segment analysis of the UK elevators & escalators market.

Key Vendors

  • KONE
  • Mitsubishi Electric
  • TK Elevator
  • Hitachi
  • Hyundai Elevator
  • Otis
  • Fujitec
  • Schindler
  • Titan Elevators
  • UK Lift and Escalator

Other Prominent Vendors

  • Stannah Lifts Holdings Ltd
  • SJEC
  • STANNAH LIFTS HOLDINGS LTD.
  • AKE ELEVATOR
  • KLEEMANN Aufzüge GmbH
  • ORONA
  • MORRIS VERMAPORT
  • PICKERINGS LIFTS

Segmentation by Type

  • Hydraulic and Pneumatic
  • Machine Room Traction
  • Machine Room Less Traction
  • Others

Segmentation by carriage Type

  • Passenger
  • Freight

Segmentation by Person

  • 2-15
  • 16-24
  • 25-33
  • 34 and Above

Segmentation by End-User

  • Commercial
  • Residential
  • Industrial
  • Others

Section 1 – Introduction

  • Market Scope
  • Market Snapshot of Elevators
  • Market Snapshot of Escalators
  • Executive Summary

Section 2 – UK Elevators Market

Future Outlook -UK Elevator Market By Volume

UK Escalators Market- By Segments
2.1.1- UK Escalators Market, By Volume

UK Escalators Market Size and Forecast, Volume (Units), 2019–2028

2.1.1.1. UK Elevators Market, By Type

Hydraulic and Pneumatic , Market Size and Forecast, Volume (Units),2019–2028

Machine Room Traction, Market Size and Forecast, Volume (Units), 2019–2028

Machine Room Less Traction, Market Size and Forecast, Volume (Units), 2019–2028

Others, Market Size and Forecast, Volume (Units), 2019–2028

2.1.1.2. UK Elevators & Escalators Market by Carriage Type

Passenger, Market Size and Forecast, Volume (Units), 2019–2028

Freight, Market Size and Forecast, Volume (Units), 2019–2028

2.1.1.3. UK Elevators Market by Persons

2-15 Persons, Market Size and Forecast, Volume (Units), 2019–2028

16-24 Persons, Market Size and Forecast, Volume (Units), 2019–2028

25-33 Persons, Market Size and Forecast, Volume (Units), 2019–2028

34 Persons and Above, Market Size and Forecast, Volume (Units), 2019–2028

2.1.1.4. UK Elevators Market by End Users

Commercial, Market Size and Forecast, Volume (Units), 2019–2028​

Residential, Market Size and Forecast, Volume (Units), 2019–2028​

Industrial, Market Size and Forecast, Volume (Units), 2019–2028​

Others, Market Size and Forecast, Volume (Units), 2019–2028

Section 3- UK Escalators Market
Future Outlook - UK Escalators Market by Volume

 3.1- UK Escalators Market- By Segments
 3.1.1- UK Escalators Market, By Volume

UK Escalators Market Size and Forecast, Volume (Units), 2019–2028

3.1.1.1 UK Escalator Market by Type
Parallel, Market Size and Forecast, Volume (Units) , 2019–2028

Multi-parallel, Market Size and Forecast, Volume (Units) , 2019–2028

Walkway, Market Size and Forecast, Volume (Units) , 2019–2028

Crisscross, Market Size and Forecast, Volume (Units) , 2019–2028


3.1.1.2 UK Escalator Market by End users
Commercial, Market Size and Forecast, Volume (Units) , 2019–2028

Public Transit, Market Size and Forecast, Volume (Units)  , 2019–2028

Others, Market Size and Forecast, Volume (Units) , 2019–2028


Section 4 UK Elevators &Escalators Market , By service (Maintenance & Modernization)
Section 5-Geographical Analysis

Key Economic cities in UK

Section 6- Market Dynamics

  • Market Drivers, Restraints, Trends

Section 7 – Technological Development
Section 8– Competitive Landscape
1. Company Profile of major Vendors
2. Other Prominent vendors

Section 9 – Report Summary

  1. Key Insights
  2. List of Abbreviations

Section 10– Appendix (Report Scope & Definition)
1. Research Methodology
2. Market Definition, Inclusion & Exclusion

LIST OF EXHIBITS

  1. UK Elevator & Escalator Installed Base by Volume 2018-2028 (Unit)
  2. UK Elevator & Escalator New Installations by Volume 2018-2028 (Unit)
  3. Market Share 2021: Maintenance
  4. Market Share 2021: Modernization
  5. Total Installed Base : Volume (Units in Thousands)
  6. Total New Installations: Volume (Units in Thousands)
  7. Global Elevators & Escalators Market: Products & Services 2021
  8. Maintenance market: global Regions vs UK 2020
  9. Installed base of elevators by volume (units )
  10. New Installations of elevators by volume (units )
  11. Maintenance & Modernization Value($Million)
  12. Maintenance & Modernization 2021(%)
  13. Elevator Density per 1,000 population 2015
  14. Market Share by Company UK2020
  15. Exponential Infrastructure Investments Vs Emerging markets 2021-2040
  16. Installed base and New installations of Elevators (Units)
  17. New Installations of Elevators (Units)
  18. Average Life Expectancy of Elevator components
  19. Hydraulic & Pneumatic Elevators Installed base and New Installations (Units)
  20. Machine Room less Traction Elevators Installed base and New Installations (Units)
  21. Machine Room Traction Elevators Installed base and New Installations (Units)
  22. Others Machine Elevators Installed base and New Installation (Units)
  23. Installed base and new installations of Passenger Elevators (Units)
  24. Installed base and new installations of Freight Elevators (Units)
  25. Installed base and new installations of 2–15 persons elevators (Units)
  26. Installed base and new installations of 16-24 persons elevators (Units)
  27. Installed base and new installations of 25-33 persons elevators (Units)
  28. Installed base and new installations of 34 persons and above elevators (Units)
  29. Installed base and new installations of Commercial Elevators (Units)
  30. Installed base and new installations of Residential Elevators (Units)
  31. Distribution of housing stocks in the UK, 2017
  32. Installed base and new installations of Industrial Elevators (Units)
  33. Installed base and new installations of other end-user Elevators (units)
  34. Installed base and new installations of escalators (Units)
  35. New installations of escalators (Units)
  36. Installed base and new installations of Parallel Escalators (Units)
  37. Installed base and new installations of Multi parallel Escalators (Units)
  38. Installed base and new installations of Moving Walkway Escalators (Units)
  39. Installed base and new installations of Criss cross Escalators (units)
  40. Installed base and new installations of Public Transit Escalators (Units)
  41. Installed base and new installations of Commercial Escalators (Units)
  42. Installed base and new installations of Other End user Escalators (units)
  43. UK Elevators & Escalators Maintenance Market ($ Mn)
  44. UK Maintenance Value vs row 2018
  45. Maintenance market share units 2018 (%)
  46. UK Elevators & Escalators Modernization Market ($ Mn)
  47. Modernization provides opportunity to upgrade equipment
  48. Building Completion timeline
  49. Market Share 2020 (% share)
  50. Kone, total sales by segment 2020 (% share)
  51. Mitsubishi electric, total sales by segment 2020 (% share)
  52. Hitachi, total sales by segment 2020 (% share)
  53. Schindler, total sales 2017-2020

LIST OF TABLES

  1. Extent of urban green spaces 2019
  2. Population and Households by Country 2017
  3. By Machine, New Installations, Total Incremental Opportunity, 2021-2028
  4. By Carriage Type, New Installations, Total Incremental Opportunity, 2021-2028
  5. By Capacity (Persons), New Installations, Total Incremental Opportunity, 2021-2028
  6. Public-sector infrastructure investment, 2016 (Pound Billion)
  7. By End User, New Installations, Total Incremental Opportunity, 2021-2028
  8. By Product, New Installations, Total Incremental Opportunity, 2021-2028
  9. By End User, New Installations, Total Incremental Opportunity, 2021-2028
  10. Top 30 construction projects in UK 2021
  11. Skyscraper projects
  12. Real Estate & Construction Investment Policies
  13. Turning elevators and escalators into communication platforms
  14. Recent developments /Projects
  15. Quantitative Summary

Select a license type that suits your business needs

single-user Single User Licence
$2200.00
  • Report accessible by one user only
  • Free 10% or 3 days of customization
  • Free post-sale service assistance
  • Continuous support through email
Buy Now
Best Value Tag
5-user 5 User Licence
$2500.00
  • Report accessible by 5 users within the organization
  • Free 15% or 4.5 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Buy Now
corporate.png Corporate Licence
$3000.00
  • Free Datasheet worth $1500
  • Report accessible by the entire organization
  • Free 20% or 6 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Direct access to lead analysts
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Buy Now
datasheet.png Datasheet Licence
$1500.00
  • Report accessible by 1 user only
  • Free 15% or 32 hours of customization
  • Free post-sale service assistance
  • Direct access to lead analysts
Buy Now

Our Clients

Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.
Please Upload an Image.

Related Reports

ReportImage
Elevator and Escalator Market - Global Outlook and Forecast 2019-2024
Explore $4000.00
ReportImage
Stair Lift Market - Global Outlook and Forecast 2020-2025
Explore $3500.00
ReportImage
China Elevator and Escalator - Market Size & Growth Forecast 2022-2028
Explore $2200.00
ReportImage
Indonesia Elevator & Escalator - Market Size & Forecast 2022-2028
Explore $2200.00
Licence Types What are these?
Buy Now Enquire Before Buying

Our Clients Speak

erick

"The report by Arizton was spot on. It not only gave us insight into the pro audio market, we used it to raise funds for our company. The data proved (to the VC we pitched to) that the market was large enough for our company to not only survive but also grow."

Erik Young
CEO, Co-founder
Audink Inc., DBA Audios
SPEAK WITH OUR ANALYST

Want to know more about the report or any specific requirement?

Click to Email +1-312-235-2040

Want to Customize the Report?

Click Here

Why Arizton?

  • 100% Customer Satisfaction
  • 24x7 availability – we are always there when you need us
  • 200+ Fortune 500 Companies trust Arizton's report
  • 80% of our reports are exclusive and first in the industry
  • 100% more data and analysis
  • 1000+ reports published till date
Thanksgiving Offer