Press release
Global Elevator market sizes over the forecast period (2019-2025), key players are Mitsubishi Electric, Thien Nam, Thyssen Krupp
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 Vietnam, and promises to fill an indispensable role in future city development.
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The following manufacturers are covered: Mitsubishi Electric, Thien Nam, Thyssen Krupp, Thai Binh, Schindler Vietnam, HISA, Otis, Kone, Hitachi
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 leading players mainly are Mitsubishi Electric, Thien Nam, Thyssen Krupp, Thai Binh and Schindler Vietnam. Mitsubishi Electric is the largest player; its revenue of global market exceeds 18.15% in 2017.
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The global Elevator market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Elevator volume and value at global level, regional level and company level. From a global perspective, this report represents overall Elevator market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Segment by Regions : North America, Europe, China, Japan
Segment by Type:Elevator (Vertical), Escalator, Moving Walkway
Segment by Application: Residential Area, Commercial Office, Transportation Hub Area, Industrial Area
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