IBEF_印度电梯和自动扶梯市场：由城市垂直增长驱动-2025.pdfVIP

India’sElevatorsand

EscalatorsMarket

DRIVENBYURBANVERTICALGROWTH

India’selevatorsandescalatorssectorhasrapidlyemergedasakey

playerinthecountry’surbanisationnarrative.Asof2024,Indiahas

becometheworld’ssecond-largestmarket(afterChina)inthissector.This

ascentmirrorsIndia’sinfrastructureboom.Thecountryranked10th

globallyintheGlobalQualityInfrastructureIndex(GQII)2021,underlining

India’scommitmenttoexpandingbothitsphysicalanddigitalassets.In

effect,elevatorsandescalatorshavebecome“theconnectivetissueof

dense,efficientcities.”Modernhigh-rises,metros,airportsandmalls

increasinglydependontheseverticaltransportsystemstomanage

soaringfootfallsandmaketallbuildingsaccessible.

Withurbanpopulationexpectedtorisetonearly40.8%by2030and

hundredsofmillionsofnewapartmentandofficeunitsunderconstruction,

elevatorshavebecomefundamentalinfrastructure.Thepandemic-era

shifttoremoteworkbrieflyslowedofficeconstruction,butlong-termtrends

inurbandensityandcommercialrealestatearefirmlyupward.

1

GLOBALLANDSAPEurbanisation,supportedbyrising

demandinbothhigh-riseandmid-rise

Theglobalelevatorsandescalatorsresidentialandcommercialprojects.

marketwasvaluedatapproximatelyRs.Simultaneously,modernisationefforts,

13,99,773crore(US$161.73billion)inespeciallyindevelopedregionswith

2024andisexpectedtoexpandtoaroundaginginfrastructure,arefuellingasurge

Rs.21,14,156crore(US$244.27billion)inretrofitactivities,contributing

by2033.Growthisdrivenbyrapid