In December 2024, MarketsandMarkets, a global authoritative industry research institution, officially released the 2024 Global Escalator and Moving Walkway Industry Market Report, announcing the 2024 global top 10 countries by escalator and moving walkway market size. According to the report, the total size of the global escalator and moving walkway market reached 12.8 billion US dollars in 2024, a year-on-year increase of 3.2%, maintaining a steady growth trend. The TOP 10 ranking released this time is as follows: 1. China, with a market size of 5.23 billion US dollars, accounting for 40.9% of the global total, a year-on-year increase of 3.8%, firmly ranking first in the world; 2. United States, with a market size of 1.58 billion US dollars, accounting for 12.3% of the global total, a year-on-year increase of 2.5%; 3. India, with a market size of 1.25 billion US dollars, accounting for 9.8% of the global total, a year-on-year increase of 10.2%, ranking first in the world in terms of growth rate; 4. Japan, with a market size of 870 million US dollars, accounting for 6.8% of the global total, a year-on-year increase of 1.9%; 5. Germany, with a market size of 720 million US dollars, accounting for 5.6% of the global total, a year-on-year increase of 2.1%; 6. South Korea, with a market size of 580 million US dollars, accounting for 4.5% of the global total, a year-on-year increase of 2.7%; 7. Russia, with a market size of 420 million US dollars, accounting for 3.3% of the global total, a year-on-year increase of 3.5%; 8. Brazil, with a market size of 380 million US dollars, accounting for 3.0% of the global total, a year-on-year increase of 4.2%; 9. Indonesia, with a market size of 350 million US dollars, accounting for 2.7% of the global total, a year-on-year increase of 8.7%, ranking second in the world in terms of growth rate; 10. Saudi Arabia, with a market size of 320 million US dollars, accounting for 2.5% of the global total, a year-on-year increase of 7.5%, ranking third in the world in terms of growth rate. The report also pointed out that the continuous advancement of infrastructure construction such as rail transit, commercial complexes, airports, and high-speed rail stations is the core driving force for the growth of the global escalator and moving walkway market, and the growth rate of emerging markets is significantly higher than that of mature markets.