Global elevator & escalator market is projected to grow from $ 77
billion in 2017 to around $ 103 billion by 2023, owing to rising urbanization,
growing construction and infrastructure sectors, and increasing number of
high-rise building projects across the globe. Some of the other factors that are
expected to positively influence the market in the coming years include
improving after sales services,
proactive maintenance & modernization of equipment,
and rising market competition coupled with growing partnerships and mergers
& acquisitions. Asia-Pacific
is the major demand generating region for elevators & escalators, globally,
followed by Europe and North America.
Years
Considered for this Report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2019-2023
Objective of the Study:
- The primary objective
of the study is to understand and gain insights about global elevator &
escalator market and its segmental analysis by type, by service, by elevator
technology, by end-user, by elevator door type, by region and by company.
- To estimate and
forecast global elevator & escalator market size.
- To categorize and
forecast global elevator & escalator market by type - elevator, escalator and moving walk
ways.
- To categorize and
forecast global elevator & escalator market by service -maintenance & repair, new
installation and modernization.
- To categorize and
forecast global elevator & escalator market by elevator technology including
traction, hydraulic and machine
room-less traction.
- To categorize and
forecast global elevator & escalator market by end-user - residential, commercial,
institutional, infrastructure and others.
- To categorize and forecast
global elevator & escalator market by elevator door type - automatic and manual.
- To categorize and
forecast global elevator & escalator market by region such as Asia-Pacific, Europe, North America,
South America and Middle East & Africa.
- To identify major
drivers & challenges for global elevator & escalator market.
- To identify major
trends in global elevator & escalator market.
- To profile major
companies operating in global elevator & escalator market.
Click here to download the brochure
Some of the major players operating in global elevator & escalator market are United Technologies Corporation, Schindler Holding
Ltd., KONE Corporation, thyssenkrupp AG, Mitsubishi Electric Corporation, Canny
Elevator Co., Ltd, Hitachi Group, Fujitec Company Limited, Hyundai Elevators, and Shanghai Mechanical
& Electrical Group.
To analyze and forecast global elevator & escalator market, both top-down and bottom-up
approaches have been used. Multiple employees from the leading companies have
been interviewed through telephonic conversations to extract and verify the
information being collected at the source. A brief study of the major players
operating in global elevator &
escalator market was also undertaken. Moreover,
a detailed and in-depth scrutiny of information was done to understand each
policy and external or internal factor which could increase or decrease the demand
for elevators & escalators, globally.
To extract data, primary surveys were conducted with key players and
stakeholders in the industry. The future plans of major players were studied
and projects which have commissioned in the country were identified.
Various secondary sources such as white papers and secondary literature
on elevators & escalators, National Bureau of Statistics of China, Central
Statistics Office India, Canada Statistics, MEED, General Authority for
Statistics, Saudi Arabia, annual reports, investor presentation,
International Monetary Fund and World Bank were also studied by TechSci Research.
Key Target Audience:
- Elevator & escalator manufacturers, distributors and other
stakeholders
- Maintenance & repair companies
- Organizations,
forums and alliances related to elevator & escalator market
- Government bodies such as regulating authorities
and policy makers
- Market research and consulting firms
The study is essential
in delivering useful information to industry stakeholders such as manufacturing
companies, assembling companies, distributors and end users related
to elevator & escalator market. The report also provides useful insights
about which market segments should be targeted over the coming years in order
to strategize investments and capitalize on growth opportunities
in specific market segments and geographies.
Report Scope:
In this report, global elevator &
escalator market has been segmented into the following
categories in addition to the industry trends which have also been listed below:
- Market, by
Type:
- Elevator
- Escalator
- Moving Walk Ways
- Market, by
Service:
- Maintenance & Repair
- New Installation
- Modernization
- Market, by
Elevator Technology:
- Traction
- Hydraulic
- Machine Room-Less Traction
- Market, by
End-User:
- Residential
- Commercial
- Institutional
- Infrastructure
- Others
- Market,
by Elevator Door Type:
- Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Rest of Region
- Europe
- France
- Germany
- United Kingdom
- Romania
- Poland
- Rest of Region
- North America
- United States
- Canada
- Mexico
- Rest of Region
- South America
- Brazil
- Argentina
- Colombia
- Rest of Region
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Rest of Region
Competitive Landscape
Competitive Benchmarking: Benchmarking of leading 10 players on the basis of type.
Company Profiles: Detailed analysis of the major
companies present in global elevator &
escalator market.
Available Customizations:
With the given market data,
TechSci Research offers customizations according to 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).
In case you can’t find what you are
looking for, then please get in touch with our custom research team at sales@techsciresearch.com