Global Escalator Market Overview
In value terms, escalator production amounted to $487M in 2010 estimated in export prices. The total output value increased at an average annual rate of +5.4% from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2010 when production volume increased by 17% year-to-year. In that year, global escalator production reached its peak level and is likely to continue its growth in the immediate term.
The countries with the highest volumes of escalator production in 2010 were Germany (4.7K units), Spain (2.7K units) and Austria (2K units), together comprising 61% of global production. These countries were followed by the Czech Republic, Poland, Belgium, France, Portugal, Romania, the UK, Italy and the Netherlands, which together accounted for a further 25%.
From 2007 to 2010, the most notable rate of growth in terms of escalator production, amongst the main producing countries, was attained by France (+98.9% per year), while escalator production for the other global leaders experienced more modest paces of growth.
The global escalator market revenue amounted to $405M in 2010, picking up by 3.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +4.0% over the period from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The pace of growth appeared the most rapid in 2008 when the market value increased by 15% year-to-year. In that year, the global escalator market reached its peak level of $414M. From 2009 to 2010, the growth of the global escalator market failed to regain its momentum.
From 2007 to 2010, the average annual rate of growth in terms of volume in Germany was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: Austria (+15.3% per year) and France (+109.1% per year).
In value terms, Germany ($104M) led the market, alone. The second position in the ranking was occupied by Austria ($44M). It was followed by France.
In Germany, the escalator market declined by an average annual rate of -1.4% over the period from 2007-2010. The remaining consuming countries recorded the following average annual rates of market growth: Austria (+11.2% per year) and France (+107.0% per year).
In 2010, the highest levels of escalator per capita consumption was registered in Austria (172 units per million persons), followed by Belgium (44 units per million persons), the Czech Republic (43 units per million persons) and Portugal (42 units per million persons), while the world average per capita consumption of escalator was estimated at 1.86 units per million persons.
From 2007 to 2010, the average annual rate of growth in terms of the escalator per capita consumption in Austria totaled +14.8%. In the other countries, the average annual rates were as follows: Belgium (-2.5% per year) and the Czech Republic (+0.4% per year).