India Elevators and Escalators Market By Type of Carriage (Passenger, Freight & Others), By Type of Machinery (Traction & Hydraulic), By Type of Door (Automatic & Manual), By Weight, By End User, Competition Forecast & Opportunities, 2013 – 2023

India elevators and escalators market stood at $ 1.2 billion in 2017 and is projected to cross $ 2 billion by 2023, on the back of rising urbanization, introduction of Real Estate (Regulation and Development) Act, 2016 (RERA) and increasing number of high-rise residential and commercial buildings across the country. Moreover, government initiatives such as Smart Cities Mission and Pradhan Mantri Awas Yojana (Urban), and growing adoption of smart, fast and environment friendly elevators are expected to aid growth in the India elevators and escalators market during the forecast period. Furthermore, rising demand for elevators with Automatic Rescue Device is anticipated to boost the country’s elevators and escalators market in the coming years. 

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study:

• To analyze and forecast the India elevators and escalators market size.
• To define, classify and forecast India elevators market on the basis of type of carriage, type of machinery, type of elevator door, weight, end user, region and cities.
• To identify the drivers, challenges and trends in India elevators and escalators market.
• To strategically profile leading players operating in India elevators and escalators market.

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Some of the major players operating in India elevators and escalators market are KONE Elevator India Pvt. Ltd., Johnson Lifts Pvt. Ltd., Schindler India Pvt. Ltd., OTIS Elevator Company (India) Ltd., thyssenkrupp Elevator (India) Pvt. Ltd., Mitsubishi Elevator ETA India Pvt. Ltd., Fujitec India Pvt. Ltd., ESCON ELEVATORS PVT LTD., Kinetic Hyundai Elevator & Movement Technologies Ltd., and Blue Star Elevators (India) Ltd., among others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of elevator and escalator companies across the country. 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 was able to include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels, and presence of all major elevator and escalator companies in India.

TechSci Research calculated the India elevators and escalators market size using a bottom-up approach, where data for different components of end users was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as World Bank, IMF, Department of Commerce, Ministry of Statistics and Program Implementation, company website, annual reports, press releases, etc., were also studied by TechSci Research.

Key Target Audience:

• Elevator and escalator manufacturers, importers, and installation, equipment and maintenance service providers
• Residential and commercial real estate developers
• Associations, organizations, forums and alliances related to elevators and escalators
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as elevator and escalator manufacturers, installation and service providers, builders and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, India elevators and escalators market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

• Elevators Market, by Type of Carriage:
• Passenger
• Freight
• Others
• Elevators Market, by Type of Machinery:
• Traction
• Hydraulics
• Elevators Market, by Type of Elevator Door:
• Automatic
• Manual
• Elevators Market, by Weight:
• Up to 350Kg
• Up to 550Kg
• Up to 750Kg
• Up to 1150Kg
• More than 1150Kg
• Elevators Market, by End User:
• Residential
• Commercial
• Industrial
• Government Institution
• Elevators Market, by Region:
• South
• West
• North
• East
• Elevators Market, by Cities:
• Mumbai
• Bangalore
• Hyderabad
• Noida
• Chennai
• Gurgaon
• Delhi
• Navi Mumbai
• Pune
• Ahmedabad
• Thane
• Kolkata
• Other Cities
• Escalators Market, by End User:
• Commercial
• Government Institution
• Residential
• Escalators Market, by Region:
• South
• West
• North
• East
• Elevators and Escalators Annual Maintenance Contract (AMC) Market Outlook, by Region:
• South
• West
• North
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in India elevators and escalators 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:

Customer Profiling

• 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 [email protected]

1.    Product Overview

2.    Research Methodology

3.    Analyst View

4.    Voice of Customer

4.1.    Brand Awareness

4.2.    Duration of Usage

4.3.    Factors Influencing Purchase Decision

4.4.    Customer Satisfaction

4.5.    Elevator Challenges

4.6.    Annual Maintenance Contract (AMC) Expectation

4.7.    Annual Maintenance Contract (AMC) Challenges

5.    Global Elevators Market Overview

6.    India Elevators Market Landscape

7.    India Elevators Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.1.3.By New Installation

7.1.4.By Maintenance Service

7.2.    Market Share & Forecast

7.2.1.By Type of Carriage (Passenger, Freight & Others)

7.2.2.By Type of Machinery (Traction & Hydraulic)

7.2.3.By Type of Elevator Door (Automatic & Manual)

7.2.4.By Weight (Up to 350Kg, Up to 550Kg, Up to 750Kg, Up to 1150Kg & More than 1150Kg)

7.2.5.By End User (Residential, Commercial, Industrial & Government Institution), By Value

7.2.6.By End User (Residential, Commercial, Industrial & Government Institution), By Volume

7.2.7.By Region 

7.2.8.By Cities

7.2.9.By Company

7.3.    Import-Export Analysis

7.4.    Market Attractiveness Index

7.4.1.By Type of Carriage

7.4.2.By Type of Machinery

7.4.3.By Type of Elevator Door

7.4.4.By Weight

7.4.5.By End User, By Value

7.4.6.By End User, By Volume

7.4.7.By Region

8.    India Residential Elevators Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value

8.1.2.By Volume

8.2.    Market Share & Forecast

8.2.1.By Type of Machinery

8.2.2.By Type of Elevator Door

8.2.3.By Weight

8.2.4.By Region

9.    India Commercial Elevators Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value

9.1.2.By Volume

9.2.    Market Share & Forecast

9.2.1.By Type of Machinery

9.2.2.By Type of Elevator Door

9.2.3.By Weight

9.2.4.By Region

10.India Industrial Elevators Market Outlook

10.1.  Market Size & Forecast

10.1.1.    By Value

10.1.2.    By Volume

10.2.  Market Share & Forecast

10.2.1.    By Type of Machinery

10.2.2.    By Type of Elevator Door

10.2.3.    By Weight

10.2.4.    By Region

11.India Government Institution Elevators Market Outlook

11.1.  Market Size & Forecast

11.1.1.    By Value

11.1.2.    By Volume

11.2.  Market Share & Forecast

11.2.1.    By Type of Machinery

11.2.2.    By Type of Elevator Door

11.2.3.    By Weight

11.2.4.    By Region

12.India Escalators Market Outlook

12.1.  Market Size & Forecast

12.1.1.    By Value

12.1.2.    By Volume

12.2.  Market Share & Forecast

12.2.1.    By End User, By Volume

12.2.2.    By Region

12.3.  Import-Export Analysis

13.India Elevators and Escalators Annual Maintenance Contract (AMC) Market Outlook

13.1.  Market Size & Forecast

13.1.1.    By Value

13.2.  Market Share & Forecast

13.2.1.    By Region

13.3.  Pricing Analysis

14.Market Dynamic

14.1.  Impact Analysis

14.2.  Drivers

14.3.  Challenges

15.Market Trends & Developments

16.Policy & Regulatory Framework

17.India Economic Profile

18.Competitive Landscape

18.1.  Competitive Benchmarking

18.2.  Company Profiles

18.2.1.    KONE Elevator India Pvt. Ltd.

18.2.2.    Johnson Lifts Pvt. Ltd.

18.2.3.    Schindler India Pvt. Ltd.

18.2.4.    OTIS Elevator Company (India) Ltd.

18.2.5.    thyssenkrupp Elevator (India) Pvt. Ltd.

18.2.6.    Mitsubishi Elevator ETA India Pvt. Ltd.

18.2.7.    Fujitec India Pvt. Ltd.

18.2.8.    ESCON ELEVATORS PVT LTD.

18.2.9.    Kinetic Hyundai Elevator & Movement Technologies Ltd.

18.2.10.    Blue Star Elevators (India) Ltd.

19.Strategic Recommendations

List of Figures

 

Figure 1: India Elevators and Escalators Market, By Brand Awareness, 2018 (N=50)

Figure 2: India Elevators and Escalators Market, By Duration of Usage, 2018 (N=50)

Figure 3: India Elevators and Escalators Market, By Factors Influencing Purchase Decision, 2018 (N=50)

Figure 4: India Elevators and Escalators Market, By Customer Satisfaction, 2018 (N=50)

(1=Least Satisfied, 3=Neutral and 5=Extremely Satisfied)

Figure 5: India Elevators and Escalators Market, By Elevator Challenges, 2018 (N=50)

Figure 6: India Elevators and Escalators Market, By Annual Maintenance Contract (AMC) Expectations, 2018 (N=50)

Figure 7: India Elevators and Escalators Market, By Annual Maintenance Contract (AMC) Challenges, 2018 (N=50)

Figure 8: India Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 9: India Elevators Market Size, By Volume, 2013-2023F (Units)

Figure 10: India New Installations of Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 11: India Maintenance Services of Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 12: India Elevators Market Share, By Type of Carriage, By Volume, 2013-2023F

Figure 13: India Elevators Market Share, By Type of Machinery, By Volume, 2013-2023F

Figure 14: India Elevators Market Share, By Type of Elevator Door, By Volume, 2013-2023F

Figure 15: India Elevators Market Share, By Weight, By Volume, 2013-2023F

Figure 16: India Elevators Market Share, By End User, By Value, 2013-2023F

Figure 17: India Elevators Market Share, By End User, By Volume, 2013-2023F

Figure 18: India Elevators Market Share, By Region, By Volume, 2017 & 2023F

Figure 19: India Elevators Market Share, By Region, By Volume, 2013-2023F

Figure 20: India Elevators Market Share, By City, By Volume, 2013-2023F

Figure 21: India Elevators Market Share, By Company, By Value, 2017 & 2023F

Figure 22: India Elevator Imports, By Country, By Value, 2013-14 to 2017-18 (USD Million)

Figure 23: India Elevator Exports, By Country, By Value, 2013-14 to 2017-18 (USD Million)

Figure 24: India Elevators Market Attractiveness Index, By Type of Carriage, By Volume, 2018E-2023F

Figure 25: India Elevators Market Attractiveness Index, By Type of Machinery, By Volume, 2018E-2023F

Figure 26: India Elevators Market Attractiveness Index, By Type of Elevator Door, By Volume, 2018E-2023F

Figure 27: India Elevators Market Attractiveness Index, By Weight, By Volume, 2018E-2023F

Figure 28: India Elevators Market Attractiveness Index, By End User, By Value, 2018E-2023F

Figure 29: India Elevators Market Attractiveness Index, By End User, By Volume, 2018E-2023F

Figure 30: India Elevators Market Attractiveness Index, By Region, By Volume, 2018E-2023F

Figure 31: India Residential Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 32: India Residential Elevators Market Size, By Volume, 2013-2023F (Units)

Figure 33: India Residential Elevators Market Share, By Type of Machinery, By Volume, 2013-2023F

Figure 34: India Residential Elevators Market Share, By Type of Elevator Door, By Volume, 2013-2023F

Figure 35: India Residential Elevators Market Share, By Weight, By Volume, 2013-2023F

Figure 36: India Residential Elevators Market Share, By Region, By Volume, 2017 & 2023F

Figure 37: India Residential Elevators Market Share, By Region, By Volume, 2013-2023F

Figure 38: India Commercial Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 39: India Commercial Elevators Market Size, By Volume, 2013-2023F (Units)

Figure 40: India Commercial Elevators Market Share, By Type of Machinery, By Volume, 2013-2023F

Figure 41: India Commercial Elevators Market Share, By Type of Elevator Door, By Volume, 2013-2023F

Figure 42: India Commercial Elevators Market Share, By Weight, By Volume, 2013-2023F

Figure 43: India Commercial Elevators Market Share, By Region, By Volume, 2017 & 2023F

Figure 44: India Commercial Elevators Market Share, By Region, By Volume, 2013-2023F

Figure 45: India Industrial Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 46: India Industrial Elevators Market Size, By Volume, 2013-2023F (Units)

Figure 47: India Industrial Elevators Market Share, By Type of Machinery, By Volume, 2013-2023F

Figure 48: India Industrial Elevators Market Share, By Type of Elevator Door, By Volume, 2013-2023F

Figure 49: India Industrial Elevators Market Share, By Weight, By Volume, 2013-2023F

Figure 50: India Industrial Elevators Market Share, By Region, By Volume, 2017 & 2023F

Figure 51: India Industrial Elevators Market Share, By Region, By Volume, 2013-2023F

Figure 52: India Government Institution Elevators Market Size, By Value, 2013-2023F (USD Million)

Figure 53: India Government Institution Elevators Market Size, By Volume, 2013-2023F (Units)

Figure 54: India Government Institution Elevators Market Share, By Type of Machinery, By Volume, 2013-2023F

Figure 55: India Government Institution Elevators Market Share, By Type of Elevator Door, By Volume, 2013-2023F

Figure 56: India Government Institution Elevators Market Share, By Weight, By Volume, 2013-2023F

Figure 57: India Government Institution Elevators Market Share, By Region, By Volume, 2017 & 2023F 

Figure 58: India Government Institution Elevators Market Share, By Region, By Volume, 2013-2023F

Figure 59: India Escalators Market Size, By Value, 2013-2023F (USD Million)

Figure 60: India Escalators Market Size, By Volume, 2013-2023F (Units)

Figure 61: India Escalators Market Share, By End User, By Volume, 2013-2023F

Figure 62: India Escalators Market Share, By Region, By Volume, 2017 & 2023F

Figure 63: India Escalators Market Share, By Region, By Volume, 2013-2023F

Figure 64: India Escalator & Moving Walk Imports, By Country, By Value, 2013-14 to 2017-18 (USD Million)

Figure 65: India Escalator & Moving Walk Exports, By Country, By Value, 2013-14 to 2017-18 (USD Million)

Figure 66: India Elevators and Escalators Annual Maintenance Contract Market Size, By Value, 2013-2023F (USD Million)

Figure 67: India Elevators and Escalators Annual Maintenance Contract Market Share, By Region,

By Volume, 2017 & 2023F

Figure 68: India Elevators and Escalators Annual Maintenance Contract Market Share, By Region,

By Volume, 2013-2023F

Figure 69: India Elevators and Escalators Annual Maintenance Contract Market Share, By Region,

By Volume, 2013-2023F

 

List of Tables

 

Table 1: India Infrastructure Projects, By State, By Number of Projects, By Total Cost of Projects (USD Billion), As of April 2017

Table 2: India’s GDP at Market Price (Current), 2013-2023F (USD Trillion)

Table 3: India’s GDP Per Capita (Purchasing Power Parity) at Market Price (Current), 2013-2023F (USD)

Table 4: India’s Population, 2013-2023F (Billion)

Table 5: List of Metro Projects in India, By Project Name

Table 6: India Elevators Import & Export Analysis, By Time Period, By Import, By Export, By Volume

(Thousand Unit)

Table 7: India Elevators Import & Export Analysis, By Time Period, By Import, By Export, By Trade Deficit, By Value (USD Million)

Table 8: India Escalator & Moving Walk Import & Export Analysis, By Time Period, By Import, By Export, By Volume (Thousand Unit)

Table 9: India Escalator & Moving Walk Import & Export Analysis, By Time Period, By Import, By Export, By Trade Deficit, By Value (USD Million)

Table 10: India Elevator, Escalator & Moving Walk Structure Duty, By Customs Duty, By Rate of Duty

Table 11: India Standard Codes for Elevators

Table 12: India Elevators Market Policies & Regulations (Delhi & Karnataka)

Table 13: India Elevators Market Policies & Regulations (Gujarat & Maharashtra)