Elevator and Escalator Market in Australia 2017-2021

  • ID: 4143979
  • Report
  • Region: Australia
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Access Elevators
  • Eastern Elevators
  • E-lift
  • KONE
  • Octagon Lifts
  • Platinum Elevators
  • MORE
About Elevator and Escalator

The elevator and escalator market in Australia can be broadly classified into elevators and escalators. The elevator and escalator market in Australia has been growing at a moderate rate. The elevators are the most commonly used form of vertical transportation devices. Faster speeds and lesser space requirement than a conventional escalator is the primary reason for the high popularity of elevators. A single elevator can cater to multiple floors. However, they have limited capacity compared with an escalator.

The analysts forecast the elevator and escalator market in Australia to grow at a CAGR of 3.78% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the elevator and escalator market in Australia for 2017-2021. To calculate the market size, the report considers the revenue generated from various sources like installing new units, maintenance of existing units and modernizing existing units in the country during the forecast period.

The report, Elevator and Escalator Market in Australia 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Otis Elevator
- KONE, Schindler
- ThyssenKrupp Elevator Australia
- Shotton Lifts

Other prominent vendors
- Access Elevators
- Brilliant Lifts Australia
- Compact Home Lifts
- Eastern Elevators
- Easy Living Home Elevators
- ECOLIFT
- Electra Lift
- Elevator Services Group
- E-lift
- Forte Lift Services
- FUJI ELEVATORS
- Grant Elevators
- International Lift Consultants
- KLEEMANN Elevators Australia
- Lift Shop
- Liftronic
- LML Lift Consultants
- Mobility Elevator & Lift Company
- Octagon Lifts
- Pitfield & Associates
- Platform Lift Company
- Platinum Elevators
- THE RESIDENTIAL LIFT COMPANY
- Sito Elevators
- Southern Lifts
- alto lift company
- Thompson Elevator Consultancy Services
- West Coast Elevators

Market drivers
- Chinese resurgence in commercial and residential real estate.
- For a full, detailed list, view the full report

Market challenges
- Increasing cost of compliance with regulations.
- For a full, detailed list, view the full report

Market trends
- Increasing adoption of energy-efficient elevators and escalators.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Access Elevators
  • Eastern Elevators
  • E-lift
  • KONE
  • Octagon Lifts
  • Platinum Elevators
  • MORE
PART 01: Executive summary

PART 02: Scope of the report
  • Market overview
  • Assumptions
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by product
  • Elevator and escalator market in Australia by product.
  • Elevator market in Australia
  • Escalator market in Australia
PART 07: Market segmentation by service
  • Elevator and escalator market in Australia by service
  • Elevator and escalator market in Australia by new installations
  • Elevator and escalator market in Australia by maintenance
  • Elevator and escalator market in Australia by modernization
PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 14: Key vendor analysis
  • Otis Elevator
  • KONE
  • Schindler
  • ThyssenKrupp Elevator Australia
  • Shotton Lifts
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market size calculation
Exhibit 02: Product offerings
Exhibit 03: Classification of Elevators
Exhibit 04: Classification of Escalators
Exhibit 05: Life cycle of elevator and escalator
Exhibit 06: Market classification
Exhibit 07: Elevator and escalator market in Australia 2016-2021 ($ millions)
Exhibit 08: Five forces analysis
Exhibit 09: Elevator and escalator market in Australia by product 2016 and 2021 (%)
Exhibit 10: Elevator market in Australia 2016-2021 ($ millions)
Exhibit 11: List of construction projects expected to boost the elevator market in Australia
Exhibit 12: Escalator market in Australia 2016-2021 ($ millions)
Exhibit 13: List of construction projects expected to boost the escalator market in Australia
Exhibit 14: Elevator and escalator market in Australia by service 2016 and 2021 (%)
Exhibit 15: Australia elevator and escalator market by new installations 2016-2021 ($millions)
Exhibit 16: Permits growth rate for new building construction in Australia January-August 2016
Exhibit 17: Elevator and escalator market in Australia by maintenance 2016-2021 ($ millions)
Exhibit 18: Elevator and escalator market in Australia by modernization segment 2016-2021 ($ millions)
Exhibit 19: Quarterly total retail trade in Australia 2010-2016 ($ billions)
Exhibit 20: Reasons for companies to invest in Australia
Exhibit 21: Dwelling units commenced quarterly, total sectors, total (type of Building), total type of work in Australia 2005-2016
Exhibit 22: Impact of drivers
Exhibit 23: Changes in new standards for elevators and escalators to improve safety of passengers
Exhibit 24: Changes in new standards for elevators and escalators to help maintenance personnel
Exhibit 25: Net foreign debt 1988-2015 ($ trillions)
Exhibit 26: Impact of drivers and challenges
Exhibit 27: Other prominent vendors
Exhibit 28: Otis Elevator: Various product offerings in elevators section
Exhibit 29: OTIS: Recent developments
Exhibit 30: KONE: Various product offerings in elevators
Exhibit 31: KONE: Technical specifications of elevators
Exhibit 32: Technical specifications of KONE Escalators
Exhibit 33:cTechnical specifications of KONE moving walkways
Exhibit 34: KONE: Recent developments
Exhibit 35: Schindler: Product segmentation
Exhibit 36: Schindler: Various product offerings in elevators
Exhibit 37: Schindler: Recent developments
Exhibit 38: ThyssenKrupp Elevator Australia: Product segmentation
Exhibit 39: ThyssenKrupp: Product offered
Exhibit 40: ThyssenKrupp: Recent developments
Exhibit 41: Shotton Lifts Australia: Product segmentation
Exhibit 42: Shotton Lifts: Recent developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Access Elevators
  • Eastern Elevators
  • E-lift
  • KONE
  • Octagon Lifts
  • Platinum Elevators
  • MORE
New Report Released: – Elevator and Escalator Market in Australia 2017-2021

The author of the report recognizes the following companies as the key players in the elevator and escalator market in Australia: Otis Elevator, KONE, Schindler, ThyssenKrupp Elevator Australia, and Shotton Lifts.

Other Prominent Vendors in the market are: Access Elevators, Brilliant Lifts Australia, Compact Home Lifts, Eastern Elevators, Easy Living Home Elevators, ECOLIFT, Electra Lift, Elevator Services Group, E-lift, Forte Lift Services, FUJI ELEVATORS, Grant Elevators, International Lift Consultants, KLEEMANN Elevators Australia, Lift Shop, Liftronic, LML Lift Consultants, Mobility Elevator & Lift Company, Octagon Lifts, Pitfield & Associates, Platform Lift Company, Platinum Elevators, THE RESIDENTIAL LIFT COMPANY, Sito Elevators, Southern Lifts, alto lift company, Thompson Elevator Consultancy Services, and West Coast Elevators.

Commenting on the report, an analyst from the research team said: “One trend in market is increasing adoption of energy-efficient elevators and escalators. Energy-efficient and eco-friendly escalators and elevators are gaining momentum. This is because urbanization has resulted in the emergence of many higher-rises. It is critical that all systems of such tall buildings become more energy-efficient to achieve the necessary reduction in greenhouse emissions. It is estimated that in Australia, some amount of CO₂ emissions will be released from buildings. The general population is increasingly looking for strict emission limits. Therefore, many companies are adopting eco-friendly solutions as a public way of demonstrating a strong commitment to green practices and improving the environment. Thus, the image of the institution is saved.”

According to the report, one driver in market is demand from retail landscape. Worldwide retailers are trying to expand in Australia with more than 85 groups trying to establish stores in the country. The penetration rate in the country is around 27%, and the retail sector is encountering a wide-ranging change. An accelerating worldwide brand segment to the region, particularly in the past three years, has driven rents in central business district (CBD) markets and asset overhauls in neighborhood shopping centers, creating new retail locales. Sales productivity of some global brands in Australia is among the most elevated worldwide, alluring many retail investors.

Further, the report states that one challenge in market is crackdown on foreign investments. A crackdown on foreign venture has led to fears that internal city apartment projects will be retired and deals may fail. As Australian banks scrutinize abroad purchasers and the Chinese government's capital move through underground banks, property intellectuals caution wheels of Melbourne's supercharged apartment market might come to a halt. It might even swell out to expensive homes in suburbia supported by Asian purchasers. In addition, Westpac, the country’s second-largest bank, has eliminated home loans to non-residents and temporary visa holders. Other significant banks like Commonwealth Bank of Australia have decreased loan to valuation ratios (LVRs). They have also tightened qualification criteria like rejecting applications from applicants, using the self-employed foreign income for loan servicing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Otis Elevator
  • KONE
  • Schindler
  • ThyssenKrupp Elevator Australia
  • Shotton Lifts
  • Access Elevators
  • Brilliant Lifts Australia
  • Compact Home Lifts
  • Eastern Elevators
  • Easy Living Home Elevators
  • ECOLIFT
  • Electra Lift
  • Elevator Services Group
  • E-lift
  • Forte Lift Services
  • FUJI ELEVATORS
  • Grant Elevators
  • International Lift Consultants
  • KLEEMANN Elevators Australia
  • Lift Shop
  • Liftronic
  • LML Lift Consultants
  • Mobility Elevator & Lift Company
  • Octagon Lifts
  • Pitfield & Associates
  • Platform Lift Company
  • Platinum Elevators
  • THE RESIDENTIAL LIFT COMPANY
  • Sito Elevators
  • Southern Lifts
  • alto lift company
  • Thompson Elevator Consultancy Services
  • West Coast Elevators
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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