Elevator and escalator market size in 2022
In 2022, the global new equipment market declined >10% (2021: grew ~7%). The global service market continued to grow.
The figures below are based on KONE estimates. KONE estimates the market size annually in the first quarter of the year.
*Based on KONE’s estimate. In regions where KONE has presence, maintenance market share includes both maintenance base and units in first service. Market share has been calculated with a re-assessed market size.