UK elevators market stood is forecast to grow at a CAGR of 6.5% till 2022.
Growth is anticipated on account of increasing construction of high-rise
technology powered buildings,
office and commercial spaces coupled with the UK government initiatives
aimed at developing high-class
infrastructure to attract foreign companies. Meanwhile, the country’s
escalators market is projected to grow by CAGR 5.8% during
forecast period, backed by increasing demand for traffic management spaces, rising
number of high-rise skyscrapers, new
government standards and regulations for smart and green infrastructure, etc.
Years
considered for this report:
Historical Years: 2012 – 2015
Base Year: 2016
Estimated Year: 2017
Forecast Period: 2017 – 2022
Objective
of the Study:
- To define, classify and forecast the UK elevators
& escalators market by type of carriage, by type of machinery, by type
of door, by end use sector, by region and by company.
- To analyse and forecast the UK elevators
& escalators market size, in terms of value.
- To scrutinize the detailed market
segmentation and forecast the market size, in terms of value, on the basis
of end use sectors by segmenting the UK elevators & escalators market into
three sectors, namely, commercial, residential and industrial.
- To identify drivers and challenges for the
UK elevators & escalators market.
- To strategically profile the leading
players, which are driving innovation and technological advancements in the
UK elevators & escalators market.
Some of the major players
operating in UK elevators & escalators market are Otis Ltd., KONE PLC,
Thyssenkrupp Elevators, Schindler Ltd UK, Orona Ltd., Titan Elevators, UK Lift &
Escalator Company Ltd, LIFTKOM GB LIMITED, Stannah Stairlifts, etc.
TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially, TechSci
Research sourced a list of country-wide elevators & escalators providers
and procurers. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. TechSci Research further analysed the
product offerings or variants, distribution channels, and regional presence of
major elevators & escalators providers in the country.
TechSci Research calculated the
size of the UK elevators & escalators market using a bottom-up approach,
where data for different components for standard application (Commercial,
Residential and Industrial) were recorded and forecast for the future years.
TechSci Research sourced these values from industry experts and company
representatives and these were externally validated through analysing
historical data of the UK elevators & escalators market to arrive at the
overall market size. Various secondary sources such as company websites, annual
reports, World Bank website, government websites, press releases, company
annual reports, white papers, investor presentations and financial reports were
also used by TechSci Research.
Key Target Audience:
- Elevators & escalators manufacturers
and installation, equipment and maintenance providers
- Constructors, builders and real estate
agents
- End users of elevators & escalators such
as commercial, residential and industrial sectors
- Consulting companies as well as research
& development organizations, associations, forums and alliances associated
with elevators & escalators design, technology and modernisation.
- Government bodies such as regulating
authorities and policy makers
The study is useful in
providing answers to several critical questions that are important for industry
stakeholders such as elevators & escalators manufacturers, installation and
service providers, constructors, builders and policy makers. The study would
also help them to target the growing segments over the coming years (next two
to five years), thereby aiding the stakeholders in taking investment decisions
and facilitating their expansion.
Report Scope:
In this report,
the UK elevators market has been segmented into the following categories in
addition to the industry trends which have also been detailed below:
- Market, by Type of Carriage:
- Passenger Elevators
- Freight Elevators
- Others (Stretcher Elevators, Dumbwaiter
Elevators, etc.)
- Market, by Type of Machinery:
- Market, by Type of Door:
·
Market, by End
User:
- Commercial
- Residential
- Industrial
·
Market, by
Region:
- Wales
- Northern Ireland
- Scotland
- England (London (South West, South East),
Yorkshire and the Humber, North East, North West, East Midlands, East Anglia, West Midlands)
In this report,
the UK escalators market has been segmented into the following categories in
addition to the industry trends which have also been detailed below:
·
Market, by Type:
- Moving Walkways
- Moving Stairs
·
Market, by End
User:
- Commercial
- Residential
- Industrial
·
Market, by
Region:
- Wales
- Northern Ireland
- Scotland
- England (London (South West, South East),
Yorkshire and the Humber, North East, North West, East Midlands, East Anglia, West Midlands)
Competitive
Landscape
Competitive
Benchmarking: Benchmarking of leading
players operating in the UK elevators & escalators market
Company
Profiles: Detailed analysis of the major companies providing
elevators & escalators in the UK.
Available
Customizations:
With the given
market data, TechSci Research offers customizations according to the company’s
specific needs. The following customization options are available for the
report:
Customer Profiling
List of major
customers along with their procurement data, and current providers of elevators
& escalators.
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