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Global Escalator & Elevator Market Report: 2010 Edition
Koncept Analytics, Aug 2010, Pages: 31
The Escalators and Elevators market or the E+E market, comprises three main segments including: New equipments, Modernization and Maintenance. Due to the global financial crisis, the new equipment market weakened during 2009. However, the Modernization and Maintenance Markets reported a stable performance during the period.
Globally, the E+E market has been dominated by four key players: Otis Elevator Company, Schindler Holding Ltd., ThyssenKrupp Elevator AG and KONE Corporation, which together control a major share of the whole market. The report gives a brief description of the competitive scenario of the global elevators and escalators market and also profiles the top players along with their strategies for growth.
The report analysis the market trends as well as the challenges posed by the global economic slowdown, amongst the others. The global industry has mainly been driven by the increasing urbanization and the ageing population. The report also throws light upon the safety legislations requiring modernizations of lifts in Western countries. Demand and order intake for new elevators tracks GDP growth and developments in construction activity with about a lag of one-year.
The report analyzes the Global Escalators and Elevators market. It also provides detailed information regarding the key regional markets, including Europe, China and the US. The new Escalator and Elevator market worldwide has been dominated by China. EMEA region has the largest share in the installed base of the Escalators and Elevators worldwide. China has been the fastest growing E+E market and in coming years, its share in the global market is expected to increase further.
Also available
Global Escalators & Elevators Market Report: 2009 Edition
Global Escalator & Elevator Market Report: 2011 Edition
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