Indonesia Elevator & Escalator Market By By Type (Elevator, Escalator and Moving Walkways), By Service (New Installation, Modernization and Maintenance & Repair), By Elevator Technology (Traction & Machine Room-Less (MRL) Traction and Hydraulic), By Elevator Door Type (Automatic and Manual), By End User (Residential, Commercial, Institutional, Infrastructural and Others), By Region, Forecast & Opportunities, 2025

Indonesia elevator & escalator market was valued USD 0.30 Billion in 2019 and is expected to be valued USD 0.43 Billion, in term of value by 2025. Key factors propelling the growth of Indonesia elevator & escalator market are rapid infrastructural development, increased inflow of FDI funding in construction sector and construction of high-rise residential complexes in order to accommodate the growing population of the country. Apart from that, decline in import taxes and free trade agreements with other Southeast Asian countries are also providing profitable opportunities for elevator & escalator manufacturers operating in Indonesia.

Additionally, Indonesia is currently has more than 300 active large-scale construction projects which are creating high demand for elevators and escalators. Along with that, growth in real estate sector and development of new airports and railroads are some other major factors boosting the growth of Indonesia elevator & escalator market.

Indonesia elevator & escalator market can be segmented based on type, service, elevator technology, elevator door, end user and region. Based on service, the market can be categorized into maintenance & repair, new installation and modernization. Among them, in 2019, modernization and maintenance & repair segment together accounted for 63.11% market share in terms of value. The segment is further expected to dominate the market through 2025 on account of growing focus of government on restoration and renovation of old buildings in the country.

Based on end user, Indonesia elevator & escalator market is split into residential, commercial, institutional, infrastructural and others. Among them, the residential sector is expected to dominate the market during the forecast period owing to rising development of high-rise residential buildings in the country as well as favourable government policies such as introduction of One Million Houses (OMH) programme per year.

Major companies operating in Indonesia elevator & escalator market include KONE Corporation, Hitachi Group, Otis Elevator Company (UTC), Mitsubishi Electric Corporation, Schindler Holding Ltd., Hyundai Elevator, thyssenkrupp AG and Toshiba Elevator and Building Systems Corporation, among others. Furthermore, leading companies are investing on latest technology in order to introduce new and advanced products in the country. They are also undergoing inorganic growth strategies such as mergers & acquisitions, collaborations, partnerships and new product launches in order to strengthen their position in Indonesia elevator & escalator market.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

• To analyse and forecast the market size of Indonesia elevator & escalator market.
• To forecast Indonesia elevator & escalator market based on type, service, elevator technology, elevator door, end user, company and regional distribution.
• To identify drivers and challenges for Indonesia elevator & escalator market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Indonesia elevator & escalator market.
• To identify and analyse the profile of leading players operating in the Indonesia elevator & escalator market.

Click here to download the sample

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 Indonesia. 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 Indonesia 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:

• Escalators & elevator 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.

Report Scope:

In this report, Indonesia Elevator & Escalator market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Indonesia Elevator & Escalator Market, By Type:
• Elevator
• Escalator
• Moving Walkways
• Indonesia Elevator & Escalator Market, By Service:
• New Installation
• Modernization and Maintenance & Repair
• Indonesia Elevator & Escalator Market, By Elevator Technology:
• Traction & Machine Room-Less (MRL) Traction
• Hydraulic
• Indonesia Elevator & Escalator Market, By Elevator Door Type:
• Automatic
  Manual
• Indonesia Elevator & Escalator Market, By End User:
• Residential
• Commercial
• Institutional
• Infrastructural
• Others
• Indonesia Elevator & Escalator Market, By Region:

• Java
• Sumatra
• Kalimantan
• Bali & Nusa Tenggara
• Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Indonesia 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.

1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Indonesia Elevator & Escalator Market

4.    Executive Summary

5.    Voice of Customers

5.1.  Brand Awareness

5.2.  Brand Satisfaction

5.3.  Challenges & Unmet Needs

5.4.  Annual Maintenance Service

6.    Indonesia Elevator & Escalator Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Elevator, Escalator and Moving Walkways)

6.2.1.1.         By Elevator Technology (Hydraulic, Traction and Machine Room-Less Traction)

6.2.1.2.         By Elevator Door Type (Automatic and Manual)

6.2.2.     By Service (Modernization and Maintenance & Repair, New Installation)

6.2.3.     By End User (Residential, Commercial, Institutional, Infrastructural and Others)

6.2.4.     By Region

6.2.5.     By Company (2020)

6.3.  Product Market Map

7.    Indonesia Modernization and Maintenance & Repair Elevator & Escalator Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End User

8.    Indonesia New Installation Elevator & Escalator Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume (New Installations)

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By End User

9.    Market Dynamics

9.1.     Drivers/Opportunities

9.2.     Challenges/Restraints

10.  Trade Dynamics

11.  Value Chain Analysis

12.  Market Trends & Developments

13.  Policy & Regulatory Landscape

14.  Indonesia Economic Profile

15.  Competitive Landscape

15.1.    Competition Outlook

15.2.    Company Profiles (Partial List of Leading Companies)

15.2.1.  KONE Corporation

15.2.1.1.      Company Overview

15.2.1.2.      Products & Services

15.2.1.3.      Financials (If available)

15.2.1.4.      Current & Future Strategy

15.2.1.5.      Key Management

15.2.1.6.      Contact Details

15.2.2.  Hitachi Group

15.2.3.  Otis Elevator Company (UTC)

15.2.4.  Mitsubishi Electric Corporation

15.2.5.  Schindler Holding Ltd.

15.2.6.  Fujitec Company Limited

15.2.7.  thyssenkrupp AG

15.2.8.  Toshiba Elevator and Building Systems Corporation

16.  Strategic Recommendations

17.  About Us & Disclaimer

Figure 1:               Indonesia Elevator & Escalator Market Size, By Value, 2015-2025F (USD Million)

Figure 2:               Indonesia Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Units)

Figure 3:               Indonesia Industry Contribution to GDP, 2015-2019 (%)

Figure 4:               Indonesia Gross Domestic Product Per Capita, 2015-2019 (Current USD)

Figure 5:               Indonesia Construction Output Value, 2015-2019 (USD Trillion)

Figure 6:               Indonesia Total Population Growth Rate, 2015-2019 (Billion)

Figure 7:               Indonesia GDP, 2015-2019 (USD Trillion)

Figure 8:               Indonesia GDP Growth Rate, 2015-2019 (%)

Figure 9:               Indonesia Elevator & Escalator Market Share, By Type, By Value, 2015 - 2025F

Figure 10:            Indonesia Elevator & Escalator Market Share, By Service, By Value, 2015 - 2025F

Figure 11:            Indonesia Elevator & Escalator Market Share, By Elevator Technology, By Value, 2015 - 2025F

Figure 12:            Indonesia Elevator & Escalator Market Share, By Elevator Door Type, By Value, 2015 - 2025F

Figure 13:            Indonesia Elevator & Escalator Market Share, By End User, By Value, 2015 - 2025F

Figure 14:            Indonesia Elevator & Escalator Market Share, By Region, By Value, 2015 - 2025F

Figure 15:            Indonesia Elevator & Escalator Market Share, By Company, By Value, 2015 - 2025F

Figure 16:            Indonesia Elevator & Escalator Market Map, By Type - Market Size (USD Million) & Growth Rate (%)

Figure 17:            Indonesia Elevator & Escalator Market Map, By Service - Market Size (USD Million) & Growth Rate (%)

Figure 18:            Indonesia Elevator & Escalator Market Map, By Elevator Technology - Market Size (USD Million) & Growth        Rate (%)

Figure 19:            Indonesia Elevator & Escalator Market Map, By Elevator Door Type - Market Size (USD Million) & Growth Rate (%)

Figure 20:            Indonesia Elevator & Escalator Market Map, By End-User - Market Size (USD Million) & Growth Rate (%)

Figure 21:            Indonesia Maintenance & Repair Elevator & Escalator Market Size, By Value, 2015-2025F (USD Million)

Figure 22:            Indonesia Maintenance & Repair Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Units)

Figure 23:            Indonesia Maintenance & Repair Elevator & Escalator Market Share, By Type, By Value, 2015 - 2025F               

Figure 24:            Indonesia Maintenance & Repair Elevator & Escalator Market Share, By End User, By Value, 2015-2025F

Figure 25:            Indonesia New Installation Elevator & Escalator Market Size, By Value, 2015-2025F (USD Million)               

Figure 26:            Indonesia New Installation Elevator & Escalator Market Size, By Volume, 2015-2025F (Million Units)               

Figure 27:            Indonesia New Installation Elevator & Escalator Market Share, By Type, By Value, 2015 - 2025F   

Figure 28:            Indonesia New Installation Elevator & Escalator Market Share, By End User, By Value, 2015-2025F               

Figure 29:            Indonesia Modernization Elevator & Escalator Market Size, By Value, 2015-2025F (USD Million) 

Figure 30:            Indonesia Modernization Elevator & Escalator Market Size, By Volume, 2015-2025F (Thousand Units)               

Figure 31:            Indonesia Modernization Elevator & Escalator Market Share, By Type, By Value, 2015 - 2025F       

Figure 32:            Indonesia Modernization Elevator & Escalator Market Share, By End User, By Value, 2015 - 2025F               

List of Table

Table 1: List of Upcoming Construction Projects in Indonesia, By Building Name, By City, By Height (Meter),