Quick Summary:
In the rapidly evolving elevator and escalator industry, growth has become a constant due to various driving factors. Our comprehensive market research report provides an inclusive analysis of trends, drivers, challenges, and opportunities that are shaping the market's current scenario and future potential. The report encompasses a detailed outline of the market size and forecast, alongside an extensive vendor analysis that covers around 25 of the industry's leading players.
The demand for this market is ushered by the growing number of construction activities and the increasing investment in smart cities globally. On top of that, the escalating demand for smart elevators and the push towards energy-efficient solutions further underscore the market's growth trajectory. The report segments the market by product, application, and geographical landscapes, providing a granular view of various market aspects. In the midst of a highly competitive landscape, our in-depth market research report is an invaluable tool for any executive aiming to improve market position and seize upcoming growth opportunities.
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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for smart elevators, growing number of construction activities, and growing investment in smart cities.
The elevator and escalator market is segmented as below:
By Product
- Elevators
- Escalators
By Application
- Commercial
- Residential
- Industrial
By Geographical Landscape
- APAC
- Europe
- Middle East and Africa
- North America
- South America
The report on the elevator and escalator market covers the following areas:
- Elevator and escalator market sizing
- Elevator and escalator market forecast
- Elevator and escalator market industry analysis
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 an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the global elevator and escalator market: Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., Kohler Co., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., thyssenkrupp AG, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is elevator maintenance using IoT platforms.'
According to the report, one of the major drivers for this market is the increasing demand for smart elevators.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Braun Elevator
- Brobeil Aufzuge GmbH and Co.KG
- ESCON Elevators Pvt. Ltd.
- Fuji Electric Co. Ltd.
- Fuji Elevators Co.
- Fujitec Co. Ltd.
- HIRO LIFT Hillenkotter and Ronsieck GmbH
- Hitachi Ltd.
- Hyundai Elevator Co. Ltd.
- Kohler Co.
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- Savaria Corp.
- SCHAEFER GmbH
- Schindler Holding Ltd.
- thyssenkrupp AG
- Toshiba Corp.
- Weidmuller Interface GmbH and Co. KG
- WITTUR HOLDING GmbH