Elevator And Escalator Market to grow by 142.05 thousand units, Key Drivers and Market Forecasts | 17000+ Technavio Research Reports

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Factors such as increasing demand for smart elevators, the growing number of construction activities, and growing investment in smart cities will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The elevator and escalator market is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Elevator and Escalator Market 2021-2025: Scope

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Elevator and Escalator Market 2021-2025: Segmentation

Elevator and Escalator Market is segmented as below:

• Product
• Elevators
• Escalators
• Geography
• APAC
• Europe
• MEA
• North America
• South America
• End-user
• Residential
• Non-residential

The elevator market segment was the largest revenue-generating product segment of the market. This growth can be attributed to the increasing demand for smart elevators in skyscraper projects. In addition, growing construction activities in emerging economies of APAC including India and China will lead the region to account for 85% of the overall growth during the forecast period.

However, the reluctance to modernize elevators and reduce their energy use will hamper the market growth. Backed with competitive intelligence and benchmarking, our research reports on the elevator and escalator market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

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Elevator and Escalator Market 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist elevator and escalator market growth during the next five years
• Estimation of the elevator and escalator market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the elevator and escalator market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of elevator and escalator market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Elevators - Market size and forecast 2020-2025
• Escalators - Market size and forecast 2020-2025
• Market opportunity by Product

Market Segmentation by End-user

• Residential
• Non-residential

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive Scenario

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Fuji Electric Co. Ltd.
• Fujitec Co. Ltd.
• Hitachi Ltd.
• KÖHLER Elevator GmbH
• KONE Corp.
• Mitsubishi Electric Corp.
• Otis Worldwide Corp.
• Schindler Holding Ltd.
• thyssenkrupp Elevator AG
• Toshiba International Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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