Elevator & Elevator Control Market: By Type (New Equipment, Maintenance Services & Modernization), By Application (Residential & Commercial), By Elevator Controls (Sensors, Switches & Others), & By Region-Forecast (2014-2021)

  • ID: 3920150
  • Report
  • 153 pages
  • IndustryARC
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Globally, the market for elevator and elevator controls is witnessing a growth owing to rising urbanization and increasing need for efficient people mobility solutions in high rise constructions. Continuing positive outlook for the construction industry is a huge market opportunity for new equipment whereas existing ageing infrastructure presents opportunities for the modernization service segment. The market structure of the global elevator market has historically witnessed a difference between the three segments of the business - new equipment, maintenance services and modernization. The new equipment market is consolidated at the global level, whereas the maintenance and modernization markets are geographically fragmented.

Integration of technologies for efficient mobility and reduced energy consumption is driving the innovation in elevator control market. Reduced waiting time of passengers, increased spending capabilities of customers in emerging markets and improvement in global economies are some of the major factors estimated to have a positive impact on the elevator market. However, high initial investment in the installation of elevators may impact the global market growth negatively.

This report identifies the global elevator & elevator control market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to global elevator & elevator control market.

Geographically North America is estimated to dominate the global elevator & elevator control market, followed by Europe. Asia-Pacific is estimated to witness the highest growth during the forecast period.

This report segments global elevator & elevator control market on the basis of type, by application, by control type, and regional market as follows:

Global Elevator & Elevator Control Market, by Type: New Equipment, Maintenance Services and Modernization
Global Elevator & Elevator Control Market, by Application: Residential, and Commercial
Global Elevator & Elevator Control Market, by Control Type: Sensors, Switches and Others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region.

This report identifies all the major companies operating in the global Elevator & Elevator Control market. Some of the major companies’ profiles in detail are as follows:

Thyssenkrupp AG
OTIS Elevator Company
Kone Corporation
Schindler Group
Hitachi Ltd.
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1. Global Elevator & Elevator Control - Market Overview
2. Executive Summary
3. Elevator & Elevator Control Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.3. Product Benchmarking
3.4. End User Profiling
3.5. Top 5 Financials Analysis
4. Global Elevator & Elevator Control - Market Forces
4.1. Drivers
4.1.1. Urbanization
4.2. Restraints
4.2.1. High Cost for Smart Systems
4.3. Opportunities
4.3.1. Ageing of Installed Base
4.4. Challenges
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Degree of Competition
5. Global Elevator & Elevator Control Market, By Type
5.1. New Equipment
5.2. Maintenance Services
5.3. Modernization
6. Global Elevator & Elevator Control Market, By Application
6.1. Residential
6.2. Commercial
7. Global Elevator & Elevator Control Market, By Controls Type
7.1. Sensors
7.2. Switches
7.3. Others
8. Global Elevator & Elevator Control Market, By Geography
8.1. Europe
8.1.1. Germany
8.1.2. France
8.1.3. Italy
8.1.4. Spain
8.1.5. Russia
8.1.6. U.K.
8.1.7. Rest of Europe
8.2. Asia Pacific
8.2.1. China
8.2.2. India
8.2.3. Japan
8.2.4. South Korea
8.2.5. Rest of Asia-Pacific
8.3. North America
8.3.1. U.S.
8.3.2. Canada
8.3.3. Mexico
8.4. Rest of the World (RoW)
8.4.1. Brazil
8.4.2. Rest of RoW
9. Global Elevator & Elevator Control - Market Entropy
9.1. Expansion
9.2. Technological Developments
9.3. Merger & Acquisitions, and Joint Ventures
9.4. Supply - Contract
10. Company Profiles
10.1. Thyssenkrupp AG
10.1.1. Introduction
10.1.2. Financials
10.1.3. Key Insights
10.1.4. Key Strategy
10.1.5. Product Portfolio
10.1.6. SWOT Analysis
10.2. OTIS Elevator Company
10.2.1. Introduction
10.2.2. Financials
10.2.3. Key Insights
10.2.4. Key Strategy
10.2.5. Product Portfolio
10.2.6. SWOT Analysis
10.3. Kone Corporation
10.3.1. Introduction
10.3.2. Financials
10.3.3. Key Insights
10.3.4. Key Strategy
10.3.5. Product Portfolio
10.3.6. SWOT Analysis
10.4. Schindler Group
10.4.1. Introduction
10.4.2. Financials
10.4.3. Key Insights
10.4.4. Key Strategy
10.4.5. Product Portfolio
10.4.6. SWOT Analysis
10.5. Hitachi Ltd.
10.5.1. Introduction
10.5.2. Financials
10.5.3. Key Insights
10.5.4. Key Strategy
10.5.5. Product Portfolio
10.5.6. SWOT Analysis
10.6. Hyundai Elevator Co., Ltd.
10.6.1. Introduction
10.6.2. Financials
10.6.3. Key Insights
10.6.4. Key Strategy
10.6.5. Product Portfolio
10.6.6. SWOT Analysis
10.7. Toshiba Elevators and Building Systems Corporation
10.7.1. Introduction
10.7.2. Financials
10.7.3. Key Insights
10.7.4. Key Strategy
10.7.5. Product Portfolio
10.7.6. SWOT Analysis
10.8. Mitsubishi Electric Corporation
10.8.1. Introduction
10.8.2. Financials
10.8.3. Key Insights
10.8.4. Key Strategy
10.8.5. Product Portfolio
10.8.6. SWOT Analysis
10.9. Thames Valley Controls
10.9.1. Introduction
10.9.2. Financials
10.9.3. Key Insights
10.9.4. Key Strategy
10.9.5. Product Portfolio
10.9.6. SWOT Analysis
10.10. Motion Control Engineering, Inc.
10.10.1. Introduction
10.10.2. Financials
10.10.3. Key Insights
10.10.4. Key Strategy
10.10.5. Product Portfolio
10.10.6. SWOT Analysis

"*Financials would be provided on a best efforts basis for private companies"
11. Appendix
11.1. Abbreviations
11.2. Sources
11.3. Research Methodology
11.4. Expert Insights
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