The report offers detailed coverage of Elevator and Escalator industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Elevator and Escalator by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.
In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travelator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.
The Elevators and Escalators market is very concerted market; the revenue of top ten manufacturers accounts about 83% of the total revenue in 2017.
The leading manufactures mainly are Otis, Schindler, ThyssenKrupp, Kone and Mitsubishi Electric. Otis is the largest manufacturer; its revenue of global market exceeds 16.3% in 2017. The next is Schindler and ThyssenKrupp.
There are mainly three type product of Elevators and Escalators market: Elevator, Escalator and Moving Walkway.
Geographically, the global Elevators and Escalators market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and RoW. China held the largest share in the global market, its revenue of global market exceeds 66.82% in 2017. The next is Europe.
The report forecast global Elevator and Escalator market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Elevator and Escalator market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator
At the same time, we classify Elevator and Escalator according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Elevator (Vertical)
Escalator
Moving Walkway
Market by Application
Residential Area
Commercial Office
Transportation Hub Area
Industrial Area
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Elevator and Escalator market for the forecast period 2021 - 2025?
• What are the driving forces in the Elevator and Escalator market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Elevator and Escalator industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?