Brazil Escalator Market Research Report, 2029

The Brazil Escalator Market is one of the well-established markets and it has been attaining great success. The market is seeing significant growth with a rising number of both commercial and residential buildings being constructed in the nation. Brazil is the highest revenue generating country in the Latin America region. The improvement in the economic conditions, growing population, increased usage of escalators in the residential as well as commercial sector has boosted the demand for elevators and escalators in Brazil. The pandemic has disrupted supply chains and delayed construction projects, which has had a lingering effect on the escalator market. This has led to a slowdown in new installations and increased demand for repair services as facilities adapt to new health guidelines. In Brazil, escalator installations must comply with the following key regulations: NBR 16083 is Brazilian standard specifies the requirements for the design, manufacture, installation, inspection, testing, operation, and maintenance of escalators and moving walkways, NBR 16185 is standard establishes the requirements for the accessibility of escalators and moving walkways, ensuring that they are accessible to people with disabilities and reduced mobility, and NR 12 is regulatory standard sets guidelines for the safety of machinery and equipment, including escalators, to protect workers involved in their operation, maintenance, and repair. Local manufacturers enhance competition within the Brazilian escalator market, which includes both domestic and international players. Major global companies like Otis, Schindler, and ThyssenKrupp operate alongside local firms, fostering an environment of innovation and customer-centric solutions. Local manufacturers often provide customized products tailored to the specific needs of Brazilian consumers, which can include adaptations for local building codes and environmental conditions. According to the research report "Brazil Escalator Market Research Report, 2029," published by Actual Market Research, the Brazil escalator market is expected to reach a market size of more than USD 580 Million by 2029. The integration of smart technologies into escalators is a notable trend. Modern escalators are increasingly equipped with Internet of Things (IoT) capabilities, allowing for real-time monitoring and data analysis. This connectivity enables predictive maintenance, which helps in identifying potential issues before they lead to failures, thereby enhancing safety and reliability. Smart escalators can optimize energy consumption, contributing to sustainability efforts—a growing concern in urban planning and construction in Brazil. Brazil's government has implemented various affordable housing initiatives to address the country's housing deficit. These projects often incorporate escalators to provide seamless access to residential units, especially in areas with challenging terrain or limited space. The adoption of building information modeling (BIM) technology has also transformed the pace of the elevator and escalator industry in Brazil, enabling more efficient planning, design, and construction processes. Another significant opportunity lies in the growing demand for urban living and the lack of available land in major Brazilian cities. This has fueled the construction of high-rise buildings, which require escalators to cater to the needs of residents and visitors. As the population continues to urbanize and the demand for vertical living increases, the need for escalators will likely rise proportionally. Technological innovations and safety aspects, such as sky bridges, modular construction, and cybersecurity adoption in buildings, are propelling the demand for intelligent escalator systems in Brazil. These advanced features not only enhance the user experience but also contribute to the overall efficiency and safety of the built environment.

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Parallel escalators are commonly used in commercial settings, such as shopping malls and airports, where they facilitate efficient vertical transportation between different levels. This segment is experiencing steady demand due to ongoing urbanization and the construction of high-rise buildings, which require effective movement solutions for large crowds. Multi-Parallel escalators, which consist of multiple escalators running parallel to each other, are increasingly being installed in high-traffic areas to enhance passenger flow. This type is particularly beneficial in public transit systems and large commercial complexes, where managing large volumes of people is crucial. The growth of this segment aligns with Brazil's investments in infrastructure and public transport modernization. Walkway escalators, or moving walkways, are primarily utilized in airports and large venues to aid in the swift movement of passengers over longer distances. Their adoption is growing as airports expand and seek to improve passenger experience by reducing transit times between terminals. The Others category includes specialized escalators, such as crisscross escalators, which are less common but serve unique architectural needs in specific commercial or institutional settings. Commercial segment is driven by the increasing number of shopping malls, office buildings, and residential complexes. As urbanization accelerates, there is a growing demand for efficient vertical transportation solutions in commercial spaces. The Brazilian government’s initiatives to modernize infrastructure have led to a surge in new installations of escalators in commercial properties, enhancing accessibility and convenience for consumers. Public transit systems, including subways and bus terminals, heavily rely on escalators to facilitate the movement of passengers. The Brazilian government has been investing in public transportation infrastructure, which has resulted in the installation of escalators in major transit hubs. This segment is crucial for improving the flow of commuters and ensuring safety and efficiency in crowded environments. Others category encompasses escalators used in various sectors, such as institutional buildings (hospitals, schools) and industrial settings. The demand in this segment is influenced by the need for accessibility in public buildings and the rising focus on inclusive design. The Brazilian market is witnessing an increase in installations in these areas, driven by both regulatory requirements and a growing awareness of the importance of accessibility. New Installation segment is experiencing robust growth, driven by Brazil's urbanization and infrastructure development. The demand for escalators in commercial spaces, public transit systems, and high-rise buildings is increasing as cities expand and new projects emerge. Major players are actively involved in delivering escalators to shopping malls, airports, and office complexes, reflecting a trend toward enhancing vertical mobility in densely populated areas. Maintenance & Repair is as the installed base of escalators grows, so does the need for ongoing maintenance and repair services. This segment is crucial for ensuring safety, reliability, and longevity of escalators. Companies are focusing on providing comprehensive maintenance contracts to keep escalators operational and compliant with safety standards. The aging infrastructure in many urban areas necessitates regular inspections and repairs, leading to a steady demand for skilled technicians and service providers. Others category includes modernization services, which involve upgrading existing escalators with advanced technologies to improve energy efficiency and user experience. The push for sustainability in construction has prompted many facilities to retrofit older models with newer, eco-friendly systems.

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Nikita Jabrela

Business Development Manager

COVID-19 impacts: The elevator and escalator business has been significantly damaged in recent years as a result of lockdowns implemented in Brazil due to the COVID-19 pandemic outbreak in December 2019. The COVID-19 epidemic has hindered the construction industry's expansion in recent years, generating delays that can be ascribed to various damaged supply chains. The elevator and escalator manufacturers, as well as the overall construction industry, are expected to face a number of challenges as most commercial projects are likely to be left incomplete or delayed due to supply chain disruptions, cash flow constraints, workforce unavailability, and production shutdowns. The demand for elevators and escalators is expected to rise in the coming years as various governments of Brazil prepare to gradually lift the lockdowns. As the lockdowns progressively cease, the construction sector is expected to increase. As commercial developments resume throughout the world, demand for elevators and escalators is expected to rise in the upcoming years. Considered in this report • Geography: Brazil • Historic Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Brazil Elevator & Escalator Market with its value and forecast along with its segments • Application wise tire industry distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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By Type: • Parallel • Multi-parallel • Walkway • Others By Industrial Vertical: • Commercial • Public transit • Others By Solution: • New Installation • Maintenance & Repair • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to elevator & escalator industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.