The Growth of Escalators Market New Technology Leads to Significant Growth in Coming Years

Global Escalators Market Report, published by Allied Market Research, forecasts that 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.

The Asia-Pacific market is most productive as compared to others with diverse industry verticals implementing escalators at a greater extent. Furthermore, it is projected to generate the highest market revenue over the forecast period with predominant deployments in the commercial sector.
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.

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.

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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.

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

Key Findings of the Escalators Market:
• Crisscross and spiral type is expected to exhibit a significant growth in the escalators market.
• Commercial sector generated the highest revenue among other industry verticals pertaining to increase in adoption of escalators.
• Asia-Pacific is projected to exhibit a substantial growth during the forecast period.

The key players include Schindler Group, Kone Corporation,Thyssenkrupp AG, Dover, Hyundai, Fujitec, Mitsubishi Electric, SIGMA, Otis, and Omega.

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List of TOC:

TABLE 1. GLOBAL ESCALATORS MARKET REVENUE, BY TYPE, 2014-2022 ($MILLION)
TABLE 2. PARALLEL ESCALATORS MARKET, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 3. MULTI-PARALLEL ESCALATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 4. WALKWAY ESCALATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 5. OTHER ESCALATORS, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 6. GLOBAL ESCALATORS MARKET REVENUE, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 7. ESCALATORS MARKET REVENUE IN COMMERCIAL INDUSTRY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 8. ESCALATORS MARKET REVENUE IN PUBLIC TRANSIT INDUSTRY, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 9. GLOBAL ESCALATORS MARKET REVENUE IN OTHER INDUSTRIES, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 10. ESCALATORS MARKET REVENUE, BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 11. NORTH AMERICAN ESCALATORS MARKET REVENUE, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION),
TABLE 12. NORTH AMERICAN ESCALATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 13. U.S. ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 14. CANADA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 15. MEXICO ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 16. EUROPE ESCALATORS MARKET REVENUE, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 17. EUROPE ESCALATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 18. GERMANY ESCALATOR MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 19. UK ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 20. FRANCE ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 21. RUSSIA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 22. REST OF EUROPE ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 23. ASIA-PACIFIC ESCALATORS MARKET REVENUE, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 24. ASIA-PACIFIC ESCALATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 25. CHINA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 26. JAPAN ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 27. INDIA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 28. AUSTRALIA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 29. REST OF ASIA-PACIFIC ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 30. LAMEA ESCALATORS MARKET REVENUE, BY INDUSTRY VERTICAL, 2014-2022 ($MILLION)
TABLE 31. LAMEA ESCALATORS MARKET REVENUE, BY COUNTRY, 2014-2022 ($MILLION)
TABLE 32. LATIN AMERICA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 33. MIDDLE EAST ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 34. AFRICA ESCALATORS MARKET REVENUE, 2014-2022 ($MILLION)
TABLE 35. COMPANY SNAPSHOT: SCHINDLER GROUP
TABLE 36. COMPANY SNAPSHOT: KONE CORPORATION
TABLE 37. COMPANY SNAPSHOT: THYSSENKRUPP AG
TABLE 38. COMPANY SNAPSHOT: DOVER
TABLE 39. COMPANY SNAPSHOT: HYUNDAI ELEVATOR
TABLE 40. COMPANY SNAPSHOT: FUJITEC
TABLE 41. COMPANY SNAPSHOT: MITSUBISHI ELECTRIC
TABLE 42. COMPANY SNAPSHOT: SIGMA
TABLE 43. COMPANY SNAPSHOT: OTIS
TABLE 44. COMPANY SNAPSHOT: OMEGA

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