Japan Elevator and Escalator Market Witnessing Huge Demand from Increasing Investment in Public Infrastructure & Rising Urban Population Uplifting Residential and Commercial Construction: Ken Research

1
Japan Elevator and Escalator Market Witnessing
Huge Demand from Increasing Investment in Public
Infrastructure Rising Urban Population
Uplifting Residential and Commercial
Construction Ken Research
2
The growth in the elevator and escalator industry
of Japan can be attributed to the financially
stable economy of the country and high investment
by the government for the development of public
infrastructure. Japan, although a small
country, but is one of the leading and strongest
economies in the world. The economy of the
country saw negative growth during the global
financial crises, but Japan has revived in a very
robust manner. The country is one of the leading
hubs for technical innovation and research in the
world and has one
3
of the best networks of roads, trains and
airports across the country. Japan is one of the
pioneers and leaders in development of bullet
trains. The government has been investing heavily
to develop the public infrastructure, not only in
major cities but across the country. More than
90 of the countrys population lives in urban
areas. The major cities like Tokyo, Osaka,
Yokohama and Nagoya have been expanding. People
from across the country migrate to cities like
this and have been contributing in the increasing
demand for public infrastructure, commercial
complexes and residential spaces. The real estate
sector of the country has also been witnessing
positive growth from the past few years. The
positive growth in the economy, high investments
and development of public infrastructure real
estate sector of have been the key drivers for
the elevator and escalators market in the
country. All these reasons have collectively
catapulted the elevators and escalators market in
the past few years.
4
After the 2011 earthquake, tsunami and the
Fukushima Nuclear Accident a substantial portion
of the countrys infrastructure, was destroyed
and needed maintenance and upgradation. The
government has released huge funds for the same
and is expanding the public services. Japan has a
high life expectancy rate and in recent years the
number of children born in the country has
decreased. Both these factors have resulted in
ageing of population in the country. This is
another factor that has affected the elevator and
escalator market in a positive manner. The
overall elevator and escalator market in the
country is highly organized and concentrated and
with the takeover of Schindlers Japanese
business by Otis the concentration has even grown
further. Other prominent players in the market
include Kone, FujiTec, Mitsubishi, ThyssenKrupp,
Hitachi and Toshiba. The market for elevators and
escalators has been growing gradually in Japan
and is expected to continue the ascent in the
future.
5

• The report titled Japan Elevators and Escalators
  Market by New Equipment Installation
  Maintenance Modernization, by Elevator (by End
  Usage, by Type of Machinery, by Door Types and by
  Sector) and by Escalator (by End Usage and by
  Escalators and Moving Walkways) - Outlook to
  2022 by Ken Research suggested a growth at a
  positive CAGR in revenues in Japan elevator and
  escalator market in the next 5 years till 2022,
  due high investment in public infrastructure by
  government, rise in urban population and
  increasing number of high-rise buildings across
  the country.
• Key Topics Covered in the Report
• Passenger Elevators Market
• Material Handling Elevators Market
• Japan Escalator Market Size on the Basis of
  Revenue, 2012-2017
• Japan Escalators Market Segmentation on the Basis
  of Revenue
• By Stair Escalators and Moving Walkways
• Contract for Installation and Maintenance of an
  Elevator or Escalator

6

• Safety Rules Issued by the Regulating Authority
• Trends and Opportunities in Elevators and
  Escalators Market
• Issues and Challenges in Elevators and Escalators
  Market
• Porter Five Force Analysis in Japan Elevators and
  Escalators Market
• Competitive Landscape of Japan Elevator and
  Escalator Market
• Market Share of the Major Players in Japan
  Elevator and Escalator Market
• Company Profiles of Major Players in Japan
  Elevators and Escalators Market
• For more information on the research report,
  refer to below link
• https//www.kenresearch.com/manufacturing-and-cons
  truction/machinery-and-parts/japan-elevators-escal
  ators-industry-research-report/142911-97.html

7
Related Reports by Ken Research https//www.kenre
search.com/manufacturing-and-construction/machiner
y-and-parts/china-elevator-escalator-market-resear
ch-report/421-97.html https//www.kenresearch.com
/manufacturing-and-construction/machinery-and-part
s/china-elevator-escalator-market-research-report/
421-97.html https//www.kenresearch.com/manufactu
ring-and-construction/infrastructure/india-facilit
y-management-market-research-report/6193-97.html
8
Contact Ken Research Ankur Gupta, Head
Marketing Communications sales_at_kenresearch.com
91-124-4230204