Germany elevator & escalator market
is expected to be valued over USD 7.28 Billion, in terms of value by 2027. Key
factors propelling the growth of Germany elevator & escalator market include
booming construction sector and increasing investment by government on
infrastructural development including construction of high speed rail network
connecting major cities. Moreover, construction of new hotels and retail spaces
across the country owing to growth in tourism sector are also leading to the
growth of elevator & escalator market in Germany. The country is now
witnessing rise in demand for energy efficient green elevators and escalators
which is pushing manufacturers to adopt latest technologies, thereby, driving
the elevator and escalator market.
Germany elevator & escalator market
can be segmented based on type, service, elevator technology, elevator door,
end user and region. Based on end user, the market can be categorized into residential,
commercial, institutional, infrastructural and others. Among them, the residential
sector is expected to dominate the market during the forecast period and hold
55.38% market share by 2027. The reasons can be attributed to high influx of
refugees and high rate of immigration in the country.
Major companies operating in Germany
elevator & escalator market include KONE
Corporation, Schmitt + Sohn, Otis Elevator Company (UTC), Schindler Holding
Ltd., Fujitec Company Limited and Thyssenkrupp AG, among others.
Manufacturers are investing on latest technologies and focusing on compact
designs. They are also undergoing both organic and inorganic growth strategies
such as new product launches, mergers & acquisitions of small companies,
partnerships and collaborations in order to increase their share in Germany
elevator & escalator market.
Objective of the Study:
- To analyse and forecast the market size of Germany elevator &
escalator market.
- To forecast Germany elevator & escalator market based on type,
service, elevator technology, elevator door, end user, company and
regional distribution.
- To identify drivers and challenges for Germany elevator &
escalator market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions etc. in Germany elevator &
escalator market.
- To identify and analyse the profile of leading players operating in
the Germany elevator & escalator market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of elevator & escalator companies across Germany.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the companies which could not be identified due to the limitations of secondary
research.
TechSci
Research calculated Germany elevator & escalator market size using a
bottom-up approach, where data for various end users and its application across
various product types were recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analysing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also used by TechSci Research.
Key Target
Audience:
- Elevator & escalator manufacturers/companies/partners
- Suppliers and distributers
- Government bodies such as regulating
authorities and policy makers
- Organizations, industry associations, forums
and alliances related to elevator & escalator market
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as escalator
& elevator manufacturing companies and end users etc., besides allowing
them in strategizing investments and capitalizing on market opportunities.
Attribute
|
Details
|
Base
Year
|
2021
|
Historical
Years
|
2017 –
2020
|
Estimated
Year
|
2022E
|
Forecast
Period
|
2023F –
2027F
|
Quantitative
Units
|
Revenue in
USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F
|
Report
Coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
Segments
Covered
|
·
Type
·
Service
·
Elevator Technology
·
Elevator Door Type
·
End User
|
Region
Scope
|
Northwest, Northeast,
Southwest, Southeast
|
Key
Companies Profiled
|
KONE
Corporation, Schmitt + Sohn, Otis Elevator Company (UTC), Schindler Holding
Ltd., Fujitec Company Limited and thyssenkrupp AG.
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Germany Elevator & Escalator market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Germany Elevator & Escalator Market, By Type:
- Elevator
- Escalator
- Moving Walkways
- Germany Elevator & Escalator Market, By Service:
- New Installation
- Modernization and
Maintenance & Repair
- Germany Elevator & Escalator Market, By Elevator Technology:
- Traction & Machine Room-Less
(MRL) Traction
- Hydraulic
- Germany Elevator & Escalator Market, By Elevator Door Type:
- Germany Elevator & Escalator Market, By End User:
- Residential
- Commercial
- Institutional
- Infrastructural
- Others
- Germany
Elevator & Escalator Market, By Region:
- Northwest
- Northeast
- Southwest
- Southeast
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Germany elevator & escalator market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of
direct and indirect sales channel.