Escalators Market to Garner $5,146 Million - Comprehensive and Competitive Analysis of Leading Market Players - Schindler Group, Kone Corporation, ThyssenKrupp AG, Dover, Hyundai Elevator, Fujitec, Mitsubishi Electric

The escalators market size to reach $5,146 million by 2022, growing at a CAGR of 5.3% from 2016 to 2022. Parallel escalators segment generated the largest market share in 2015 while the others segment is expected to register highest growth rate during the forecast period. Asia-Pacific is expected to be the largest market during the forecast period.

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Development in real estate sector, rise in need for efficient and rapid transit system, and rapid urbanization are expected to drive the growth of global escalator market. In addition, emergence of green escalators, and technological advancements have increased significantly and are expected to provide lucrative opportunity for market growth. However, lack of skilled workforce, safety issues due to poorly maintained equipment, and stringent government regulations limit the growth of this market.

Competitive Analysis of Leading Market Players

-Schindler Group
-Kone Corporation
-Thyssenkrupp AG
-Dover
-Hyundai Elevator
-Fujitec
-Mitsubishi Electric
-SIGMA
-Otis
-Omega

In 2015, parallel escalators accounted for the maximum revenue shares in the overall escalators market due to their affordability, and easy availability. In addition, other escalators such as crisscross and spiral escalators is expected to witness the fastest growth at CAGR of 5.8% during the forecast period.

This report provides a comprehensive analysis of

-Top impacting Growth Factors
-Competitive Analysis of Leading Market Players
-Current and Future Market Trends
-Market Segmentation
-Revenue Estimation by 2022

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The commercial sector dominated the global market in 2015 due to high durability and ability to handle high passenger inflow. Furthermore,other industry segment is anticipated to grow at a CAGR of 6.2% during the forecast period due to ease in commuting over short distances and use of advanced safety features.

Table of Content

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology

1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO Perspectives

Chapter: 3 MARKET OVERVIEW

3.1. REPORT DESCRIPTION
3.2. KEY BENEFITS
3.3. KEY MARKET SEGMENTS
3.4. RESEARCH METHODOLOGY

3.4.1. Primary research
3.4.2. Secondary research
3.4.3. Analyst tools and models

3.5. MARKET DEFINITION AND SCOPE
3.6. KEY FINDINGS

3.6.1. Top investment pockets

3.7. PORTER’S FIVE FORCES ANALYSIS

3.7.1. High bargaining power of suppliers
3.7.2. Low threat of new entrants
3.7.3. High threat of substitutes
3.7.4. Intense rivalry
3.7.5. Moderate bargaining power of buyers

3.8. MARKET DYNAMICS

3.8.1. Drivers

3.8.1.1. Development in real estate sector
3.8.1.2. Rising need for efficient and rapid transit system
3.8.1.3. Rapid urbanization

3.8.2. Restraints

3.8.2.1. Safety issues due to poorly maintained equipment
3.8.2.2. Lack of skilled workforce
3.8.2.3. Stringent government regulations

3.8.3. Opportunities

3.8.3.1. Emergence of green escalators
3.8.3.2. Technological advancements

Chapter: 4 ESCALATORS MARKET, BY TYPE

4.1. OVERVIEW
4.2. PARALLEL

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. MULTI-PARALLEL

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

4.4. WALKWAY

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast

4.5. OTHERS (SPIRAL & CRISSCROSS)

4.5.1. Key market trends
4.5.2. Key growth factors and opportunities
4.5.3. Market size and forecast

Questions answered in Escalators Market research study:

-What is the market growth rate of Escalators Market from 2015 to 2022?

-What will be the market size by 2022?

-Who are the leading manufacturing companies in the Escalators Market?

-What are the major current trends and estimated trends?

-What are the challenges faced in the Escalators Market?

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Asia-Pacific is estimated to grow fastest due to increase in the adoption of escalators and extensive growth in China, Japan, Australia, and India.

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