Press release
Global Elevator and Escalator Market to 2025| Otis, Schindler Group, ThyssenKrupp, Kone, Mitsubishi Electric, Toshiba, Hitachi, Fujitec, Hyundai
This report presents the worldwide Elevator and Escalator market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
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This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.
In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travelator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.
The Elevators and Escalators market is very concerted market; the revenue of top ten manufacturers accounts about 83% of the total revenue in 2017.
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The leading manufactures mainly are Otis, Schindler, ThyssenKrupp, Kone and Mitsubishi Electric. Otis is the largest manufacturer; its revenue of global market exceeds 16.3% in 2017. The next is Schindler and ThyssenKrupp.
There are mainly three type product of Elevators and Escalators market: Elevator, Escalator and Moving Walkway.
Geographically, the global Elevators and Escalators market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and RoW. China held the largest share in the global market, its revenue of global market exceeds 66.82% in 2017. The next is Europe.
The Elevator and Escalator market was valued at 34000 Million US$ in 2017 and is projected to reach 36100 Million US$ by 2025, at a CAGR of 0.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Elevator and Escalator.
The following manufacturers are covered in this report:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator
Elevator and Escalator Breakdown Data by Type
Elevator (Vertical)
Escalator
Moving Walkway
Elevator and Escalator Breakdown Data by Application
Residential Area
Commercial Office
Transportation Hub Area
Industrial Area
Elevator and Escalator Production by Region
United States
Europe
China
Japan
Other Regions
Elevator and Escalator Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Elevator and Escalator status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Elevator and Escalator manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Elevator and Escalator :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
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This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Elevator and Escalator market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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