China is the world’s largest new equipment market followed by India. The largest installed base is in Europe.
KONE - Investors
Elevator and escalator market in 2017 (based on KONE estimates)
Market structure
OEM = Original Equipment Manufacturer
The structure of the global elevator and escalator market is different between the three parts of the business; new equipment, maintenance and modernization. The new equipment market is rather consolidated at the global level, while the maintenance and modernization markets are more fragmented.
Cookie Popup
This site uses Kone cookies in order to provide you with the best user experience. You consent to the use of cookies by continuing the use of the site without changing your browser settings. You can change your browser settings and preferences at any time. For further information on cookies.