US Elevators Market Summary
The US Elevators market is projected to grow from 70.5 USD billion in 2024 to 100 USD billion by 2035.
Key Market Trends & Highlights
US Elevators Key Trends and Highlights
- The US Elevators market is valued at 70.5 USD billion in 2024.
- By 2035, the market is expected to reach 100 USD billion, indicating robust growth.
- The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 3.23 percent.
- Growing adoption of smart elevator technology due to increasing urbanization is a major market driver.
Market Size & Forecast
| 2024 Market Size | 70.5 (USD Billion) |
| 2035 Market Size | 100 (USD Billion) |
| CAGR (2025 - 2035) | 3.23% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)
