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India Elevator and Escalator Market (2019-2025): Market Forecast by Types, by Applications, by Services, and Competitive Landscape

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    Report

  • 70 Pages
  • January 2020
  • Region: India
  • 6W Research
  • ID: 5010754

The India Elevator and Escalator Market is Projected to Grow at a CAGR of 4.5% During 2019-2025

The India elevator and escalator market is expected to witness strong growth during the forecast period majorly attributed to the development in the transportation and social infrastructure sector.

According to this research, the India elevator and escalator market is projected to grow at a CAGR of 4.5% during 2019-2025. The India elevator and escalator market is expected to witness steady growth over the coming years, due to the strategic focus of government in revving the construction sector with projects such as Smart Cities Mission and AMRUT. Additionally, ambitious plans such as housing for all, upcoming metro rail projects and development of bullet trains would remain the major driver for the growth of the industry. However, the growth would be primarily fuelled by development in the tier-2 and 3 cities as the construction boom has already reached the saturation point in major metro cities. These changes would significantly propel the demand for maintenance and modernisation in the industry.

Further, factors such as rising demand for urbanisation and ageing population would further drive the growth of the industry.

By applications, the residential application will continue to account for the highest revenue share due to major residential development activities coming from government initiatives such Smart cities and regional development authorities developing housing projects in line with housing for all mission.  However, the share of commercial application is also likely to witness growth over the coming years owing to the development of malls and retail outlets.

The report thoroughly covers the elevator and escalator market by components, verticals and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report


  • India Elevator and Escalator Market Size and Historical Data of India Elevator and Escalator Market Revenues & Volume for the Period 2015-2018
  • India Elevator and Escalator Market Forecast of Revenues & Volume until 2025
  • Historical data & Forecast of India Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
  • Historical data & Forecast of India Elevator Market Revenues & Volume for the Period 2015-2025F
  • Historical data & Forecast of India Escalator Market Revenues & Volume for the Period 2015-2025F
  • Historical data & Forecast of India Elevator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
  • Historical data & Forecast of India Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
  • Historical data & Forecast of India Elevator and Escalator Regional Market Revenues for the Period 2015-2025F
  • Market Drivers, Restraints and Trends
  • India Elevator and Escalator Market Trends and Industry Life Cycle
  • Porter's Five Force Analysis
  • Market Opportunity Assessment
  • Market Share, By Players
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The report provides a detailed analysis of the following market segments:

By Types:


  • Elevator
    • Passenger
    • Cargo
    • Home

  • Escalator
    • Moving Stairs
    • Moving Walks

By Applications:


  • Commercial
  • Residential
  • Industrial

By Services:


  • Maintenance
  • Modernization

Table of Contents


1 Executive Summary
2 Introduction
2.1 Report Description
2.2 Key Highlights
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Elevator and Escalator Market Overview
3.1 India Country Indicators
3.2 India Elevator & Escalator Market Revenues, 2015-2025F
3.3 India Elevator & Escalator Market - Industry Life Cycle
3.4 India Elevator & Escalator Market - Porter’s Five Forces
3.5 India Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F
3.6 India Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F
3.7 India Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F
4 India Elevator & Escalator Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Elevator & Escalator Market Trends
6 India Elevator Market Overview
6.1 India New Installation Elevator Market Revenues & Volume, 2015-2025F
6.1.1 India New Installation Elevator Market Revenue & Volume Share, By Elevator Types, 2018 & 2025F
6.1.1.1  India New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F
6.2 India Elevator Services Market Revenues, 2015-2025F
6.2.1 India Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F
6.2.1.1 India Elevator Services Market Revenues, By Service Types, 2015-2025F
6.3 India Elevator Market Overview, By Applications, 2015-2025F
6.3.1 India Elevator Market Revenue Share, By Applications, 2018 & 2025F
6.3.1.1 India Elevator Market Revenues, By Applications, 2015-2025F
7 India Escalator Market Overview
7.1 India New Installation Escalator Market Revenues & Volume, 2015-2025F
7.1.1 India New Installation Escalator Market Revenue & Volume Share, By Escalator Types, 2018 & 2025F
7.1.1.1 India New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F
7.2 India Escalator Services Market Revenues, 2015-2025F
7.2.1 India Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F
7.2.1.1 India Escalator Services Market Revenues, By Service Types, 2015-2025F
7.3 India Escalator Market Overview, By Applications, 2015-2025F
7.3.1 India Escalator Market Revenue Share, By Applications, 2018 & 2025F
7.3.1.1 India Escalator Market Revenues, By Applications, 2015-2025F
8 India Elevator & Escalator Market Overview, By Applications
8.1 India Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F
8.2 India Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F
8.3 India Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F
9 India Elevator & Escalator Market Key Performance Indicators
10 India Elevator & Escalator Market Opportunity Assessment
10.1 India Elevator & Escalator Market Opportunity Assessment, By Types, 2025F
10.2 India Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F
11 India Elevator & Escalator Market Competitive Landscape
11.1 India Elevator & Escalator Market Competitive Benchmarking, By Product Types
11.2 India Elevator & Escalator Market Revenue Share, By Company, 2018
12 Company Profiles13 Key Strategic Recommendations14 Disclaimer
List of Figures
Figure 1. India Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
Figure 2. India Elevator & Escalator Market - Industry Life Cycle
Figure 3. India Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F
Figure 4. India Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F
Figure 5. India Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F
Figure 6. India New Installation Elevator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units)
Figure 7. India New Installation Elevator Market Revenue Share, By Elevator Types, 2018 & 2025F
Figure 8. India New Installation Elevator Market Volume Share, By Elevator Types, 2018 & 2025F
Figure 9. India Elevator Services Market Revenues, 2015-2025F ($ Million)
Figure 10. India Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F
Figure 11. India Elevator Market Revenue Share, By Applications, 2018 & 2025F
Figure 12. India New Installation Escalator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units)
Figure 13. India New Installation Escalator Market Revenue Share, By Escalator Types, 2018 & 2025F
Figure 14. India New Installation Escalator Market Volume Share, By Escalator Types, 2018 & 2025F
Figure 15. India Escalator Services Market Revenues, 2015-2025F ($ Million)
Figure 16. India Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F
Figure 17. India Escalator Market Revenue Share, By Applications, 2018 & 2025F
Figure 18. India Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F ($ Million)
Figure 19. India Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F ($ Million)
Figure 20. India Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F  ($ Million)
Figure 21. India Elevator & Escalator Market Opportunity Assessment, By Types, 2025F
Figure 22. India Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F
List of Tables
Table 1. India New Installation Elevator Market Revenues, By Elevator Types ($ Million)
Table 2. India New Installation Elevator Market Volume, By Elevator Types (Thousand Units)
Table 3. India Elevator Services Market Revenues, By Service Types ($ Million)
Table 4. India Elevator Market Revenues, By Applications, 2015-2025F, ($ Million)
Table 5. India New Installation Escalator Market Revenues, By Escalator Types ($ Million)
Table 6. India New Installation Escalator Market Volume, By Escalator Types (Thousand Units)
Table 7. India Escalator Services Market Revenues, By Service Types ($ Million)
Table 8. India Escalator Market Revenues, By Applications, 2015-2025F, ($ Million)

Companies Mentioned

  • Fujitec India Private Limited
  • Hitachi Lift India Pvt. Ltd.
  • Johnson Lifts Pvt Ltd
  • Kinetic Hyundai Elevator & Movement Technologies Ltd.
  • Kone Elevator India Private Limited
  • Mitsubishi Electric Corporation
  • Otis Elevator Company (India) Limited
  • Schindler India Pvt. Ltd.
  • Thyssenkrupp India Private Limited
  • Toshiba India Private Limited