"The Global Escalators Moving Walkway Market was valued at USD 17.48 billion in 2025 and is projected to reach USD 29.35 billion by 2034, growing at a CAGR of 5.93%."
The Escalators and Moving Walkway Market is a vital component of modern urban infrastructure, offering efficient vertical and horizontal transportation solutions across airports, malls, transit hubs, commercial complexes, and public buildings. These systems are critical for managing high foot traffic, ensuring seamless mobility, and enhancing user convenience in densely populated and high-traffic environments. Market growth is being primarily driven by rapid urbanization, increasing investment in smart cities, and expansion of mass transit networks. Technological advancements in automation, energy efficiency, and user safety are transforming product offerings and contributing to the adoption of intelligent escalators and walkways with real-time monitoring and predictive maintenance features.
The demand for escalators and moving walkways is particularly strong in emerging economies undergoing rapid infrastructure development. Meanwhile, developed markets are focusing on modernization and replacement of aging systems to meet updated safety codes and improve energy efficiency. Key trends shaping the industry include integration of IoT and AI for operational diagnostics, use of regenerative drives to reduce energy consumption, and design innovations aimed at space optimization. Additionally, post-pandemic focus on touchless technology, crowd control, and hygienic design is influencing product upgrades. The market is poised for sustained growth as urban mobility, building automation, and user accessibility become central themes in infrastructure planning worldwide.
North America Escalators Moving Walkway MarketIn North America, the escalators and moving walkway market is driven by infrastructure modernization, smart building integration, and increasing investments in public transportation systems. Upgrades in airports, subways, and urban mobility projects are boosting demand for advanced, energy-efficient escalators with enhanced safety features. The focus on retrofitting older systems and implementing touchless technology is creating new opportunities for OEMs and facility managers. Additionally, sustainability initiatives and adherence to strict building codes are encouraging the use of regenerative drives and compact modular designs.
Asia Pacific Escalators Moving Walkway MarketAsia Pacific is the fastest-growing and largest regional market, supported by rapid urbanization, megacity development, and large-scale commercial construction. Countries like China, India, and Indonesia are leading in new installations across metro stations, airports, and high-rise buildings. The increasing need for space-efficient, high-capacity transport solutions is accelerating the adoption of moving walkways in large public venues. Local manufacturing capabilities, government-backed infrastructure spending, and rising disposable incomes are further contributing to market expansion and product diversification.
Europe Escalators Moving Walkway MarketIn Europe, the market is shaped by renovation projects, energy efficiency mandates, and advanced building technologies. Escalator and walkway installations are gaining traction in transportation hubs, retail environments, and public infrastructure, with a focus on low-noise operation and sustainable materials. Integration of predictive maintenance systems and IoT-enabled controls is helping facility operators enhance reliability and reduce operational costs. Europe’s emphasis on green architecture and universal accessibility continues to support demand for smart, durable, and design-flexible mobility solutions.
Key Insights
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The escalators and moving walkway market is witnessing steady growth due to rising urbanization, infrastructure development, and increasing passenger movement in public and commercial spaces. These systems are becoming essential components of modern transit-oriented architecture to enhance mobility and accessibility.
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Airports and metro stations continue to be among the largest adopters, with new expansions and upgrades driving demand for high-capacity, low-maintenance systems. The focus is on integrating durable equipment capable of handling 24/7 operations and ensuring safety in crowded environments.
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Technological innovations such as regenerative drives, automatic lubrication, and standby operation modes are enabling improved energy efficiency and cost savings. These features are particularly important for facility managers aiming to reduce lifecycle operational expenses.
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Smart escalators with IoT integration and remote monitoring are gaining traction in smart buildings and transport hubs. These systems enable real-time fault detection, predictive maintenance, and data analytics, reducing downtime and improving user experience.
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Asia Pacific dominates the global market due to large-scale urban infrastructure projects in China, India, and Southeast Asia. Rapid expansion of commercial buildings, airports, and metro networks is fueling long-term growth prospects in the region.
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Europe and North America are experiencing a surge in modernization activities to replace aging systems with updated models that comply with the latest safety, energy, and design standards. The focus is on retrofitting with minimal structural disruption.
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Touchless control panels, antimicrobial handrails, and UV disinfection modules are emerging as preferred features in response to heightened hygiene concerns post-COVID. These upgrades are being adopted across malls, hospitals, and transport stations.
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The commercial segment, including shopping malls, hotels, and corporate complexes, remains a lucrative vertical due to ongoing demand for seamless vertical and horizontal movement solutions, especially in multi-story environments.
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Moving walkways are increasingly being installed in large-scale retail outlets, exhibition centers, and urban transit connectors, where long walking distances require solutions that balance user comfort and time efficiency.
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Global players are intensifying R&D investments to develop compact, modular escalator systems that are easier to install, maintain, and integrate into existing infrastructure. These advances are enhancing scalability for both new projects and retrofits.
Market Scope
| Parameter | Detail |
|---|---|
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2026-2034 |
| Market Size-Units | USD billion |
| Market Splits Covered | By Product , By Application |
| Countries Covered | North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) |
| Analysis Covered | Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
| Customization | 10 % free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
| Post-Sale Support | 4 analyst hours, available up to 4 weeks |
| Delivery Format | The Latest Updated PDF and Excel Datafile |
Escalators Moving Walkway Market Segmentation
By Product
- Escalators
- Moving Walkways
By Application
- Public Transit
- Airport
- Retail
- Institutional
- Other Applications
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Key Companies Covered
KONE Corporation, Otis Elevator Company, Schindler Group, TK Elevator , Fujitec Co. Ltd., Toshiba Elevator & Building Systems Corporation, Hyundai Elevator Co. Ltd., Hitachi Ltd., Mitsubishi Electric Corporation, Sigma Elevator Co. Ltd., Kleemann Hellas SA, Stein Ltd, Sicher Elevator Co. Ltd., Gulf Elevator & Escalator Co. Ltd., Stannah Lifts, IFE Elevators Co. Ltd., Johnson Lifts Private Limited.Recent Developments
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July 2025: Otis Worldwide introduced a new generation of escalators and moving walkways featuring advanced IoT integration and energy-saving technologies, targeting smart urban infrastructure projects across Asia and North America.
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April 2025: Otis was selected to supply escalators and moving walkways for the Kaohsiung MRT Red Line Extension in Taiwan, supporting the city's growing metro network with advanced mobility systems.
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June 2025: Fujitec secured a contract to install 26 elevator and escalator units, including double-deck models, at the Gracechurch Street office project in London, reinforcing its expansion in premium urban infrastructure.
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May 2025: Schindler Elevator Corporation launched the Schindler 5000 machine-room-less elevator in North America, complementing its escalator offerings and addressing demand in mid-rise commercial developments.
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February 2025: TK Elevator formed a €160 million joint venture with Saudi-based Alat to manufacture elevators and escalators locally, aiming to enhance market presence and serve infrastructure development in the MENA region.
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January 2025: KONE Corporation announced a major escalator refurbishment project at a leading European airport, focusing on integrating regenerative braking and smart diagnostics to boost energy efficiency and reliability.
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December 2024: Mitsubishi Electric upgraded its moving walkway production lines in Japan to meet growing global demand for compact, modular walkways used in airports and urban mobility corridors.
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October 2024: Hitachi Elevator launched a new escalator line in Southeast Asia optimized for metro and transit applications, featuring advanced safety sensors and long-lasting step chain mechanisms.
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September 2024: Hyundai Elevator introduced new antimicrobial handrail technology for its escalator systems, enhancing hygiene and safety in public installations across commercial and transit sectors.
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August 2024: Toshiba Elevators and Building Systems expanded production capacity in Vietnam, including escalators and moving walkways, to meet regional demand driven by infrastructure growth and export orders.
What You Receive
• Global Escalators Moving Walkway market size and growth projections (CAGR), 2024- 2034• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Escalators Moving Walkway.
• Escalators Moving Walkway market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Escalators Moving Walkway market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Escalators Moving Walkway market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Escalators Moving Walkway market, Escalators Moving Walkway supply chain analysis.
• Escalators Moving Walkway trade analysis, Escalators Moving Walkway market price analysis, Escalators Moving Walkway Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Escalators Moving Walkway market news and developments.
The Escalators Moving Walkway Market international scenario is well established in the report with separate chapters on North America Escalators Moving Walkway Market, Europe Escalators Moving Walkway Market, Asia-Pacific Escalators Moving Walkway Market, Middle East and Africa Escalators Moving Walkway Market, and South and Central America Escalators Moving Walkway Markets. These sections further fragment the regional Escalators Moving Walkway market by type, application, end-user, and country.
1.1 List of Tables
1.2 List of Figures
2. Escalators Moving Walkway Market Latest Trends, Drivers and Challenges, 2024- 2034
2.1 Escalators Moving Walkway Market Overview
2.2 Market Strategies of Leading Escalators Moving Walkway Companies
2.3 Escalators Moving Walkway Market Insights, 2024- 2034
2.3.1 Leading Escalators Moving Walkway Types, 2024- 2034
2.3.2 Leading Escalators Moving Walkway End-User industries, 2024- 2034
2.3.3 Fast-Growing countries for Escalators Moving Walkway sales, 2024- 2034
2.4 Escalators Moving Walkway Market Drivers and Restraints
2.4.1 Escalators Moving Walkway Demand Drivers to 2034
2.4.2 Escalators Moving Walkway Challenges to 2034
2.5 Escalators Moving Walkway Market- Five Forces Analysis
2.5.1 Escalators Moving Walkway Industry Attractiveness Index, 2024
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Escalators Moving Walkway Market Value, Market Share, and Forecast to 2034
3.1 Global Escalators Moving Walkway Market Overview, 2024
3.2 Global Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
3.3 Global Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
3.4 Global Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
3.5 Global Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
3.6 Global Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
3.7 Global Escalators Moving Walkway Market Size and Share Outlook by Region, 2024- 2034
4. Asia Pacific Escalators Moving Walkway Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Escalators Moving Walkway Market Overview, 2024
4.2 Asia Pacific Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
4.3 Asia Pacific Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
4.4 Asia Pacific Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
4.5 Asia Pacific Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
4.6 Asia Pacific Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
4.7 Asia Pacific Escalators Moving Walkway Market Size and Share Outlook by Country, 2024- 2034
5. Europe Escalators Moving Walkway Market Value, Market Share, and Forecast to 2034
5.1 Europe Escalators Moving Walkway Market Overview, 2024
5.2 Europe Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
5.3 Europe Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
5.4 Europe Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
5.5 Europe Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
5.6 Europe Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
5.7 Europe Escalators Moving Walkway Market Size and Share Outlook by Country, 2024- 2034
6. North America Escalators Moving Walkway Market Value, Market Share and Forecast to 2034
6.1 North America Escalators Moving Walkway Market Overview, 2024
6.2 North America Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
6.3 North America Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
6.4 North America Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
6.5 North America Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
6.6 North America Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
6.7 North America Escalators Moving Walkway Market Size and Share Outlook by Country, 2024- 2034
7. South and Central America Escalators Moving Walkway Market Value, Market Share and Forecast to 2034
7.1 South and Central America Escalators Moving Walkway Market Overview, 2024
7.2 South and Central America Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
7.3 South and Central America Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
7.4 South and Central America Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
7.5 South and Central America Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
7.6 South and Central America Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
7.7 South and Central America Escalators Moving Walkway Market Size and Share Outlook by Country, 2024- 2034
8. Middle East Africa Escalators Moving Walkway Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Escalators Moving Walkway Market Overview, 2024
8.2 Middle East and Africa Escalators Moving Walkway Market Revenue and Forecast, 2024- 2034 (US$ billion)
8.3 Middle East Africa Escalators Moving Walkway Market Size and Share Outlook By Product, 2024- 2034
8.4 Middle East Africa Escalators Moving Walkway Market Size and Share Outlook By Application, 2024- 2034
8.5 Middle East Africa Escalators Moving Walkway Market Size and Share Outlook By End User, 2024- 2034
8.6 Middle East Africa Escalators Moving Walkway Market Size and Share Outlook By Technology, 2024- 2034
8.7 Middle East Africa Escalators Moving Walkway Market Size and Share Outlook by Country, 2024- 2034
9. Escalators Moving Walkway Market Structure
9.1 Key Players
9.2 Escalators Moving Walkway Companies - Key Strategies and Financial Analysis
9.2.1 Snapshot
9.2.3 Business Description
9.2.4 Products and Services
9.2.5 Financial Analysis
10. Escalators Moving Walkway Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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FAQ's
The Global Escalators Moving Walkway Market is estimated to generate USD 17.48 billion in revenue in 2025.
The Global Escalators Moving Walkway Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.93% during the forecast period from 2025 to 2034.
The Escalators Moving Walkway Market is estimated to reach USD 29.35 billion by 2034.
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