1、On the path to recovery anchored in maintenance and lifted by modernizationIntroductionWith a value of around USD 107 billion in 2024,the global elevator market is expected to grow by around a third by 2030,driven primarily by a gradually recovering construction sector,positive economic indicators a

2、nd a burgeoning service market.Roland Bergers Elevator Market Outlook reports,of which this is the first in a six-monthly series,aims to fill this gap,providing essential business intelligence for all market players.Each report digs down into the trends and drivers shaping the market and uses a spec

3、ially developed model to assess several key metrics by business line and region to 2030:by market value,market development,installed base,growth areas,and competition.It also offers news of the latest developments and events in the market.Each is set out in a separate chapter to facilitate compariso

4、n with future and past reports.As the industry returns to strong growth after several challenging years,this first edition makes the following key findings:Business lines:With an aging installed base and a downturn in the construction sector,the Maintenance segment will be the strongest market value

5、 contributor in absolute terms in the next few years,while the Modernization segment will grow the strongest,albeit from a lower basis.The New equipment segment will not fully recover until 2030.AUGUST 2025Elevator Market Outlook 2030 AUTHORSRALPH MAIR PartnerSVEN SIEPENSenior PartnerGARETH HAYESSen

6、ior PartnerCHRIS HOYES PartnerMASAYUKI IGARASHI PartnerRegions:The Asia Pacific(APAC)region will continue to hold the largest market share,overcoming the credit and construction crisis in China and expected to pick up growth in 2026.However,Europe is catching up and will see continuous growth due ma