Title: Global Elevator & Escalator Market with Focus on Smart Elevators: Industry Analysis (2016-2020)
1Global Elevator Escalator Market with Focus on
Smart Elevators Industry Analysis and Outlook
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(2016-2020)
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- Executive Summary
- Elevator is a type of vertical transport
equipment that efficiently moves people or goods
between floors or levels of a building, vessel or
any other structure. There are mainly two types
of elevators namely hydraulic elevators and
electric elevators. Escalator is a moving
staircase or a conveyor transport device for
carrying people between floors of a building. The
device consists of a motor driven chain of
individual linked steps that move up or down on
tracks, allowing the step treads to remain
horizontal. - The EE market comprises three main segments
namely new equipment, modernization and
maintenance. In the supply chain of EE market,
there are Tier 1 and Tier 2 suppliers who supply
the inputs to the manufacturers, which reach the
final installation base through various
distribution channels. - Smart Elevators are innovative systems that allow
vertical transportation of goods or passengers in
an automated framework. Smart elevators are
designed to modify the simple act of traveling
between floors. - The key factors which are anticipated to drive
this market include growing urbanization,
increased old-age population, growing
construction spending in emerging markets. Some
of the noteworthy trends of this industry include
high demand for energy-efficient elevators and
verticalization of cities. However, the growth of
respective industry is challenged by price
competition and stringent safety norms. - The report provides a comprehensive study of
global elevator and escalator market and also
major regional markets. Furthermore, market
dynamics such as key trends and development and
challenges are analyzed in depth. The global
elevator and escalator industry is highly
competitive consisting of several large
enterprises including the United Technologies
Corporation, Kone Corporation, Thyssenkrupp and
Schindler Holdings Ltd. The competitive landscape
of the respective market, along with the company
profiles of the leading players are also
discussed in detail.
3A large number of new public infrastructure
projects that are currently underway across the
globe, are expected to further increase the
growth of the global elevator and escalator
market revenue
- The global elevator and escalator market revenue
has been growing steadily at a CAGR of over
the period 2011-2015. In the year 2015, the
market revenue has increased to US... billion,
as against US... billion in the year 2014. - In terms of value, the revenue from Asia-Pacific
region contributes the largest share in the
global EE market, which accounted for nearly xx
of the total revenue in the year 2015, followed
by Europe and the Americas with a revenue share
of xx and xx respectively. - The global EE maintenance revenue for the year
2015 was recorded to be US.... billion. It is
forecasted that the revenue from EE maintenance
will grow steadily at a CAGR of xx over the
period 2015-2020, thereby attaining a sum of
US...... billion by the end of the year 2020.
Global EE Market Revenue Actuals (2011-2015)
Global EE Market by Region (2015)
Global EE Maintenance Revenue Forecast
(2015-2020)
4Asia-pacific EE market has been rapidly growing
with time, owing to the changing demographics and
rising levels of urbanization of cities in
emerging economies
Asia-Pacific EE Market by Value Forecast
(2015-2020)
- It is forecasted that the Asia-pacific EE market
revenue will grow at a CAGR of xx over the
period 2015-2020, attaining a total value of
USxxx billion by the year 2020. - It is noted that in the year 2015, the new
installation volume in China amounted to xx
thousand units, which is forecasted to reach a
sum of xx thousand units by the end of 2020,
growing at a CAGR of xx over the period
2015-2020 - Korea EE installed base volume for the year 2015
is noted to be xx thousand units. It is
forecasted that the installed base volume will
grow at a CAGR of xx over the period 2015-2020,
reaching a total volume of xxx thousand units by
the end of 2020.
Korea EE Installed Base Volume Forecast
(2015-2020)
China EE New Installation Volume Forecast
(2015-2020)
5Rising energy efficiency norms, technological
advancements and increasing number of replacement
of the older elevator systems are some of the
primary reasons that would cause this upsurge of
the market revenue.
EMEA EE Market by Value Forecast (2015-2020)
- The market revenue for elevators and escalators
in EMEA for the year 2015 was recorded to be
US.. billion. It is forecasted to grow at a CAGR
of xx over the period 2015-2020, attaining a
value of US... billion by the end of 2020. - The EE market revenue for the Americas was noted
to be US... billion in the year 2015. It is
forecasted that the market revenue will grow at a
CAGR of xx over the period 2015-2020, attaining
a total of US... billion by the end of 2020. - The global market for smart elevators has been
growing at a CAGR of xx over the period
2012-2015 and is valued at US... billion for the
year 2015, which has notably risen by xx YoY,
from US.... billion in 2014
The Americas EE Market by Value Forecast
(2015-2020)
Global Smart Elevators Market Revenue- Actuals
(2012-2015)
6Contact Us
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from the comprehensive report on the Global
Elevator Escalator Market . To know more about
this report or for any customized research
requirement, please contact the following
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