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The market size of the Elevator Installation & Service industry in the US is $xx.xx, which is expected to grow at xx% over the next five years. This industry comprises establishments primarily engaged in one or more of the following activities: installing or dismantling elevators, escalators and moving walkways; machine rigging; millwrighting; and modernizing and maintaining installed products, which include elevators, dumbwaiters, escalators, conveyor systems and automated revolving doors.
Curious about what drives these trends? IBISWorld's Elevator Installation & Service in the US industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Electricians in the US |
|
XX% | XX% | $XX |
| Carpenters in the US |
|
XX% | XX% | $XX |
| Heating & Air-Conditioning Contractors in the US |
|
XX% | XX% | $XX |
| Plumbers in the US |
|
XX% | XX% | $XX |
| Electrical Equipment Manufacturing in Canada |
|
XX% | XX% | $XX |
| Elevator Installation and Maintenance in Australia |
|
XX% | XX% | $XX |
| Elevator Installation and Maintenance in New Zealand |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Elevator Installation & Service in the US is $53.9bn in 2026.
The market size of the Elevator Installation & Service in the US increased 1.3% in 2026.
The market size of the Elevator Installation & Service in the US has grown at a 1.1% CAGR between 2021 and 2026.
See our full analysis of the Elevator Installation & Service in the US to understand if the industry market size is expected to grow or decline over the next five years.