US Escalator Market 2021-2026

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    An escalator is a type of conveyor conveyance equipment that consists of a stairway with steps that move up and down on tracks that maintain the surfaces of the individual steps horizontal.


    An escalator is a brilliant invention. Escalators can be erected in the same physical space as steps would, but they can transport a greater number of people. With the exception of instances of heavy traffic, there is usually no waiting time to board an escalator.


    They can be used to direct visitors to key exits or particular displays. Escalators can also be built outside and covered with appropriate materials in case of inclement weather.


    They have the same potential resistance and occupancy as a staircase. The escalators continue to move in an unending cycle, with no stops until manually halted for a short period of time.


    It is sometimes stated that escalators and lifts are of the same kind in that people can travel up and down a forklift using both modes of transportation.


    infographic: US Escalator Market, US Escalator Market Size, US Escalator Market Trends, US Escalator Market Forecast, US Escalator Market Risks, US Escalator Market Report, US Escalator Market Share


    If people are in a hurry, escalators allow them to travel up and down the building, but one thing remains constant: elevators are far safer than escalators.


    Many parts come together to form a moving escalator that transports passengers from one level to the next. The advantages of escalators are numerous. They can transport a huge number of passengers and can be installed in the same physical space as stairs.


    Except in extremely high traffic, they have no waiting period; they may be utilized to direct people to key exits or particular displays; and they can be weather proofed for outdoor use.


    The escalator has been part of  track system is integrated into the truss to guide the step chain, which pulls the steps from the lowest platform to the top in an infinite cycle.



    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Mitsubishi Electric US, Inc. Opens New Office In San Francisco Widely regarded as the nation’s leading tech-hub, San Francisco ranked 18th on Forbes’ list of Best Places for Business and Careers in 2019 and in 2020 it attracted the most U.S. venture dollars of any major U.S. city. The city continues to thrive even in a changing world. When looking to expand on the west coast, the Bay Area was a natural fit for Mitsubishi Electric US. USA This would enhance better innovations




    Sl No Timeline Developments
    1 Q4-2021 Increase in new infrastructure developments across the country due to new economic development and also to rise in population.
    2 Q3-2021 The Elevator and Escalator division of Mitsubishi Electric US expands to the Boston area to install elevator systems by partnering with WS Development. 
    3 Q2-2021 Elevator and escalator services provider 3Phase Elevator to expand its market in newer regions by partnerships and acquisitions across US and raised investment from Boston based Berkshire Partners. 


    Escalators have their own set of standards that address both electrical and mechanical features. The cleat type escalator, which essentially consisted of slanted, cleated metal treads that indicated more of an ascending belt than an escalator, was formerly in use.


    They are a fast, efficient, and secure mode of transportation. They are a highly practical and prudent alternative in buildings that would otherwise have a lot of foot traffic on the stairs, with people clashing because they are utilizing the same packed staircase to transfer themselves either upstairs or downwards.


    Technological innovation is expected to have a significant influence on market growth. Furthermore, recent improvements in the real estate industry and rising urbanization have spurred market expansion.


    However, safety concerns related to inadequate equipment maintenance are likely to have a minor influence on market development.


    The increased migration of people from rural to urban regions has increased the need for multi-story structures and escalators in the public transportation sector. Furthermore, rising disposable income and an ageing metropolitan population have fuelled market expansion.


    Infographic: US Escalator Market,   US Escalator Market Size,   US Escalator Market Trends,    US Escalator Market Forecast,    US Escalator Market Risks,   US Escalator Market Report,   US Escalator Market Share


    There is an increasing pace of urbanization globally due to the benefits that urbanization gives, such as enhanced efficiency and access to better services.


    The escalator industry has changed dramatically in recent years. The parallel escalator is the most common type of escalator used for commercial purposes.


    Other types of escalators, on the other hand, are built for large constructions such as shopping malls and hotels. Because of the existence of key areas such as Europe.


    Europe is one of the top markets in terms of value and volume. Markets have also been spurred by increased disposable income and an ageing urban population.




    The US Escalator Market can be segmented into following categories for further analysis.

    By Technology

    • Traction Based Technology
    • Machine Room Less ( MRT ) Traction Technology
    • Hydraulic Technology


    By Technology Usage

    • Parallel Escalator
    • Multi Parallel Escalator
    • Spiral Escalator
    • Criss Cross Escalator


    By Combination of Application

    • New Installation
    • Maintenance and Repair
    • Modernisation


    By Regional Classification

    • Western Region – USA
    • Mid-West Region – USA
    • Northeast Region – USA
    • Southern Region – USA




    SI No Timeline Company Developments
    1 Q3-2021 Sound Transit Sound Transit to fix dozens of escalators at University Street Station in downtown Seattle by hiring a new contractor for an $8.7 million deal for the repair of old escalators by 2023. 
    2 Q3-2021 BART The Bay Area Rapid Transit(BART) invested $96.5 million for the 41 new escalators to BART’s four downtown San Francisco stations under Market Street Escalator Project and opened its first of the escalator project in the third quarter 2021. 
    3 Q1-2021 Thyssenkrupp Elevator German company Thyssenkrupp Elevator provides engineering, construction and service of next generation mobility solutions such as escalators, elevators has changed its name Thyssenkrupp Elevator with the new name TK Elevators with the new global brand TKE. 


    Escalators, being a power-driven, continuous moving staircase intended to convey passengers up and down small vertical distances, are used all over the globe to transfer foot traffic where elevators would be unsuitable.


    Shopping malls, airports, public transportation networks, trade centres, hotels, and government buildings are among the most common places to find them. Modern escalators contain metal steps that travel in a continuous circle on rails.


    Based on IoT and artificial intelligence, smart escalators are intelligent devices that can create data, diagnose problems, and make real-time choices on maintenance concerns and operational trends.


    The integration of such cutting-edge technology provides benefits for maintenance schedule warnings and problem identification, as well as monitoring of elevator and escalator operating trends for real-time insights to building and maintenance workers.


    In addition, application programming interfaces (APIs) may be created to build solutions within an integrated ecosystem. KONE has made the majority of its APIs available to the public in order to enable integration and installation for both its developers and users.


    Eco-efficiency has been advocated as one of the primary instruments for promoting the transition from unsustainable to sustainable development.


    It is centered on the idea of producing more goods and/or services while utilizing less resources and producing less waste and pollution. The eco-efficiency of an escalator may be enhanced by using eco-efficient technology and running the escalator more efficiently.


    The Variable Speed Drive is one of the most widely utilized technologies (VSD). There are alternative options, such as Variable Voltage Constant Speed Drive (VVC).


    It employs a VVC controller to minimize the possible efficiency decrease within the operational capacities of the escalator.




    SI No Timeline Company Developments
    1 Q4-2021 Otis Worldwide Corporation  US based Otis Worldwide Corporation recorded positive growth in second quarter revenue of $1.97 billion in escalators, elevators and other products.
    2 Q2-2021 TK Elevator TK Elevator sold more than 1.4 million units of escalators and elevators worldwide in total and recorded net sales revenue of EUR 8 billion in fiscal year 2020. 
    3 Q1-2021 Kone Corporation Finnish elevator and escalator company Kone Corporation to provide replacement of 130 escalators for Metro’s 32 stations in the Washington area with a seven year old contract for $179 million.


    In escalator design, safety is also an important consideration. The addition of automatic sprinklers or fireproof shutters to an escalator floor-opening, or the installation of the escalator in an enclosed fire-protected hall, can offer fire protection for the opening.


    To reduce the risk of overheating, proper ventilation must be provided for the compartments containing the motors and gears.


    If the escalator is the principal mode of transportation between levels, a regular staircase should be built adjacent to it. An elevator lift adjacent to an escalator may also be required for wheelchairs and handicapped people.


    Carlo Gavazzi has placed itself amongst the most efficient possible escalator developments. Carlo Gavazzi designs and manufactures escalator solutions that take into account all indoor and outdoor application requirements.


    Its product line comprises inductive proximity sensors for determining the escalator’s speed, location, and direction, as well as photoelectric sensors for detecting the presence of commuters using the escalator and switching from standby mode to operative mode (dual-speed mode).


    The IO-Link ICB inductive sensors provide straightforward transmission of process data, remote configurations, and events through simple and affordable 3-wire cable without requiring changes to the current infrastructure.


    The ICB series, available in sizes ranging from M12 to M30, may be totally customized to allow additional functionalities. In line with global attention to energy conservation issues, energy meters are also available to monitor energy efficiency.


    Thyssenkrupp AG is also developing new escalator-based technologies to be integrated within the commercial requirements of various markets.


    The Velino commercial-duty escalator from ThyssenKrupp Elevator is intended to protect the architectural integrity of nearly any structure. But it’s not just about appearances.


    This equipment operates effectively, ensuring the safety of regular passengers while consuming less energy. Balustrades made of 38″ (10 mm) thick tempered safety glass panels and optional under-handrail lights provide a dramatic touch.


    Dual CPU controllers and optional Variable Voltage Variable Frequency (VVVF) drive technologies reduce energy consumption and operational expenses.


    Our heavy-duty Tugela escalator is perfect for high-rise buildings, conference centers, stadiums, smaller airports, and high-traffic areas.


    The strengthened balustrade ensures additional strength against bumps from bags and cases. A sprocket-type  tension carriage reduces wear on the chain rollers and a handrail pressure system improves handrail drive traction.






    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix


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