India Elevators and Escalators Market By Type of Carriage (Passenger, Freight & Others), By Type of Machinery (Traction & Hydraulic), By Type of Door (Automatic & Manual), By Weight, By End User, Competition Forecast & Opportunities, 2013-2023

According to “India Elevators and Escalators Market By Type of Carriage, By Type of Machinery, By Type of Door, By Weight, By End User, Competition Forecast & Opportunities, 2013-2023” elevators and escalators market is projected to cross $ 2 billion by 2023, on the back of rising urbanization, introduction of Real Estate (Regulation and Development) Act, 2016 (RERA) and increasing number of high-rise residential and commercial buildings across the country. Moreover, government initiatives such as Smart Cities Mission and Pradhan Mantri Awas Yojana (Urban), and growing adoption of smart, fast and environment friendly elevators are expected to aid growth in the India elevators and escalators market during the forecast period.

Furthermore, rising demand for elevators with Automatic Rescue Device is anticipated to boost the country’s elevators and escalators market in the coming years. Some of the major players operating in India elevators and escalators market are KONE Elevator India Pvt. Ltd., Johnson Lifts Pvt. Ltd., Schindler India Pvt. Ltd., OTIS Elevator Company (India) Ltd., thyssenkrupp Elevator (India) Pvt. Ltd., Mitsubishi Elevator ETA India Pvt. Ltd., Fujitec India Pvt. Ltd., ESCON ELEVATORS PVT LTD., Kinetic Hyundai Elevator & Movement Technologies Ltd., and Blue Star Elevators (India) Ltd., among others.

“India Elevators and Escalators Market By Type of Carriage, By Type of Machinery, By Type of Door, By Weight, By End User, Competition Forecast & Opportunities, 2013-2023” discusses the following aspects of Elevators and Escalators market in India:

• Elevators and Escalators Market Size, Share & Forecast


• Segmental Analysis - By Type of Carriage (Passenger, Freight & Others), By Type of Machinery (Traction & Hydraulic), By Type of Door (Automatic & Manual), By Weight, By End User


• Competitive Analysis


• Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

• To gain an in-depth understanding of Elevators and Escalators in India


• To identify the on-going trends and anticipated growth in the next five years


• To help industry consultants, Elevators and Escalators distributors and other stakeholders align their market-centric strategies


• To obtain research-based business decisions and add weight to presentations and marketing material


• To gain competitive knowledge of leading market players


• To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interaction with Elevators and Escalators distributors and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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The custom research will be delivered in printable PDF format along with the report’s data excel sheet. This license offers 80 analyst hours. It is strongly recommended for an organization which wants to execute short ‘bespoke’ research projects related to the scope of the purchased report.