Elevator Modernization Market Report by 2022 - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Elevator Modernization Market Report by 2022

Description:

The global elevator modernization market is expected to reach $12,283 million by 2022. The traction segment is expected to dominate the market from 2016 to 2022. Asia-Pacific elevator modernization industry is expected to rise at the highest growth rate, whereas Europe accounted for around 37% share of the market in 2014, and is anticipated to grow at a significant rate. – PowerPoint PPT presentation

Number of Views:38

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Elevator Modernization Market Report by 2022


1
Elevator Modernization Market
Opportunities and Forecasts, 2014- 2022
2
Adoption of machine room-less elevators,
green elevators, and other eco-friendly designs
of elevators have provided huge opportunities for
growth in the elevator modernization market.
Further, rise in investments in commercial sector
such as IT BFSI buildings, malls hospitality,
hospitals, airports, transportation, and other
commercial buildings, rapid urbanization
industrialization, and significant GDP growth
will enable the market to bloom in the near
future. Somya Rathore, Lead Analyst
ELEVATOR MODERNIZATION MARKET

3
 
ELEVATOR MODERNIZATION MARKET OVERVIEW
  • Elevator modernization market is expected to
    reach 12,283 million by 2022. The traction
    segment is expected to dominate the market from
    2016 to 2022.
  • Asia-Pacific elevator modernization industry is
    expected to rise at the highest growth rate,
    whereas Europe accounted for around 37 share of
    the market in 2014, and is anticipated to grow at
    a significant rate.
  • By component type, the controllers segment
    dominated the market with around 34 market share
    in 2014, followed by door equipment segment. In
    addition, the controllers segment is projected to
    expand at the highest CAGR of 7.9 during the
    forecast period.
  • Commercial sector generated the maximum revenue
    in the global elevator modernization market and
    represented around 46 share of the total
    elevator modernization market revenue in 2014.
  • Prominent market players in elevator
    modernization industry are inclined toward
    establishing new production facilities to cater
    increased demand from end-user verticals. 
  • Read more https//www.alliedmarketresearch.com/e
    levator-modern-market

4
 
ELEVATOR MODERNIZATION MARKET BY GEOGRAPHY
5
 
ELEVATOR MODERNIZATION MARKET KEY SEGMENTS
  • By Elevator Type
  • Traction Elevator
  • Hydraulic Elevator
  • By Components
  • Controllers
  • Door Equipment
  • Cabin Enclosures
  • Signaling Fixtures
  • Power Units
  • Others (overspeed governor, guide rails)

6
 
ELEVATOR MODERNIZATION MARKET KEY FINDINGS
  • Among components, the controllers segment led the
    overall elevator modernization market revenue,
    and is projected to grow at a CAGR of 7.9 during
    the forecast period.
  • The traction segment dominated the market in
    2014, and is projected to grow at the highest
    CAGR due to increase in adoption of
    technologically advanced traction elevators,
    especially in commercial sector.
  • Among end users, the commercial segment generated
    the highest revenue in overall elevator
    modernization market and is projected to continue
    its dominance during the forecast period.
  • In the year 2014, Europe was the dominant region
    in elevator modernization market. However,
    Asia-Pacific is expected to grow at the fastest
    CAGR with China leading the market.

7
 
ELEVATOR MODERNIZATION MARKET TOP WINNING
STRATEGIES
8
 
ELEVATOR MODERNIZATION MARKET KEY PLAYERS
  • Otis Elevator Company
  • KONE Corporation
  • ThyssenKrupp AG
  • Mitsubishi Electric Corporation
  • Fujitec Corporation
  • Hitachi, Ltd
  • Hyundai Elevator Co., Ltd.
  • Toshiba Elevator and Building Systems Corporation
  • ShenYang Yuanda Intellectual Industry Group Co.,
    Ltd.

9
 
ELEVATOR MODERNIZATION MARKET KEY BENEFITS
  • An in-depth analysis of the global elevator
    modernization market is provided along with the
    market dynamics that is projected to prove
    crucial in understanding the market.
  • Quantitative analysis of the current market and
    future estimations from 2014 to 2022 is projected
    to assist strategists to design business
    strategies to capitalize on the prevailing market
    opportunities.
  • Porters Five Forces analysis examines the
    competitive structure of the elevator
    modernization industry and provides a clear
    understanding of the factors that influence the
    market entry and market expansion.
  • A detailed analysis of geographical segments
    provides identification of most profitable
    segments to capitalize on.
  • Analysis of the key leaders and their business
    strategies is anticipated to assist stakeholders
    to make more informed business decisions.
  • A detailed company profile analysis is provided,
    that highlights major developments such as
    mergers and acquisitions, expansions, and new
    product launch.

10
 
ELEVATOR MODERNIZATION MARKET BY GEOGRAPHY
North America, Europe, Asia-Pacific, LAMEA,
11
 
 
 
CONTACT US
Thank You! For More Details
Visit us at
https//www.alliedmarketresearch.com/elevator-mode
rn-market
Follow Us On
About PowerShow.com