Japan elevator & escalator market was valued 2.54 Billion in 2019 and is expected to be valued USD 3.19 Billion by 2025 in term of value. Key factors propelling the growth of Japan elevator & escalator market are increasing urbanization, increasing renovation as well as building of new public facilities and growing investment in real estate market. Apart from that, development of high-rise commercial buildings such as offices spaces, malls and other shopping complexes are creating high demand for elevator & escalators in Japan. The country is scheduled to hold 2020 Summer Olympics and 2020 Summer Paralympics games in 2021 which has led to boom in construction industry, thereby increasing the sale of elevator & escalators.

Furthermore, construction of high-rise technology powered buildings and growing popularity of energy-efficient or green elevators are anticipated to positively impact the Japan elevator & escalator market during the forecast period. In addition to this, elevator & escalator manufacturers are required to abide by the safety rules issued by regulating authority while launching any new product into the market.

Japan elevator & escalator market can be segmented based on type, service, elevator technology, elevator door, end user and region. Based on type, the market is segmented into elevators, escalators and moving walkways. Among them, elevators accounted for 88.16% market share in 2019 owing to their high installation in old as well as new residential and commercial buildings in the country. Moreover, the segment is further expected to dominate the market during the forecast period and hold a market share of 88.33% by 2025.

Based on end user, Japan elevator & escalator market can be categorized into residential, commercial, institutional, infrastructural and others. Among them, the commercial sector is expected to dominate the market during the forecast period owing to increasing number of high-rise commercial buildings including shopping malls and office spaces.

Major companies operating in Japan elevator & escalator market include KONE Corporation, Hitachi Group, Otis Elevator Company (UTC), Mitsubishi Electric Corporation, Schindler Holding Ltd., Fujitec Company Limited, thyssenkrupp AG and Toshiba Elevator and Building Systems Corporation, among others. Leading companies are investing on latest technology and designs in order to expand their product portfolio. They are also undergoing inorganic growth strategies such as mergers & acquisitions, partnerships, joint ventures and collaborations.

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

Report Scope:

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

  • Japan Elevator & Escalator Market, By Type:
    • Elevator
    • Escalator
    • Moving Walkways
  • Japan Elevator & Escalator Market, By Service:
    • New Installation
    • Modernization and Maintenance & Repair
  • Japan Elevator & Escalator Market, By Elevator Technology:
    • Hydraulic
    • Traction & Machine Room-Less Traction
  • Japan Elevator & Escalator Market, By Elevator Door Type:
    • Automatic
      Manual
  • Japan Elevator & Escalator Market, By End User:
    • Residential
    • Commercial
    • Institutional
    • Infrastructural
    • Others
  • Japan Elevator & Escalator Market, By Region:
    • Kanto
    • Chubu
    • Kansai
    • Rest of Japan

Competitive Landscape

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

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.     Product Overview

2.    Research Methodology

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

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

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

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

6.2.3.     By Elevator Technology (Hydraulic, Traction & Machine Room-Less Traction)

6.2.4.     By Elevator Door Type (Automatic and Manual)

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

6.2.6.     By Region

6.2.7.     By Company (2020)

6.3.  Product Market Map

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

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By End User

8.    Japan New Installation Elevator & Escalator Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Size & Forecast

8.2.1.     By Value & Volume

8.3.  Market Share & Forecast

8.3.1.     By Type

8.3.2.     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.  Japan 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

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
  • List of Figure

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

     

    List of Table

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

    By Number of Floors, By End-User, By Completion Year, As of 2019