Press release
Global Elevator and Escalator Market Industry Analysis, Market Share and Market Research Report
Elevators and Escalators
An escalator is a conveyor transport device, in the form of a moving staircase, used to carry people across different floors. The growth of the real estate sector has fueled the adoption rate of elevators and escalators in numerous industries.
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The global elevators and escalators market is expected to grow at a CAGR of around 6% from 2017 to 2025.
Key point from table of content
1. Executive summary
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2. Introduction
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
Market Players:
The top players in the global elevators and escalators market include United Technologies, Schindler, KONE Corporation, Mitsubishi Electric Corporation, FUJITEC, ThyssenKrupp AG, Hyundai Elevator Co., Ltd., Hitachi Ltd., Toshiba Corporation, and Electra Ltd.
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Market Dynamics:
Drivers:
• Rapid urbanization
• Changing demographic trends
Restraints:
• High maintenance cost
MARKET LANDSCAPE
By Type
• Escalators
o Parallel
o Multi-parallel
o Walkway
o Others
• Elevators
o Passenger
o Freight
o Others
By Service
• Maintenance & repair
• Modernization
• New installation
By End-User
• Residential
• Commercial
• Institutional
• Infrastructural
• Other sectors
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Based on type, the market for escalators is divided into parallel, multi-parallel, walkway, and other types, whereas, the elevators are categorized into passenger, freight, and others. Based on service, the elevators and escalators market is sub-divided into on maintenance & repair, modernization, and new installation. According to the end-user industry, the market is categorized into residential, commercial, institutional, infrastructural, and other sectors. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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