openPR Logo
Press release

Elevators Market 2019 Global Analytical Overview by Key Leaders: Kone Corporation, Thyssenkrupp AG, Dover, Fujitec, Hyundai, Mitsubishi, Sigma, Schindler, Armor, Omega Elevators

04-23-2019 11:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Elevators Market 2019 Global Analytical Overview by Key

Overview:

Elevators are useful for saving time and efforts taken to climb the stairs. Market Research Future (MRFR) has published a research report about the global elevators market that projects progress for this market during the forecast period between 2017 and 2022.

Analyzing the market structure, this report calculates the future growth potential of the market. It weighs the strategies of the key players in the market and supports the competitive developments like joint ventures, new product developments, mergers and acquisitions, research and developments (R&D) in the market.

The key factors driving the global elevators market growth include growing construction business, high demand for security, huge investment, rapid urbanization, and technological advancement. However, high maintenance cost and installation cost can restrain market growth.

Get a Free Sample @ https://www.marketresearchfuture.com/press-release/elevators-industry

Key Players

The key players in the global elevators market include Armor (USA), Dover Elevators (USA), Fujitec (Japan), Hyundai (South Korea), Kone Corporation (Finland), Mitsubishi Motors Corporation (Japan), Omega Elevators (India), Schindler (Switzerland), Sigma (USA), and ThyssenKrupp AG (Germany).

Latest Industry News

The Brockton Housing Authority is undertaking a $9 mn project to replace the elevators in its high rise buildings throughout the city. 14 FEB 2019
Kone Corporation has won an order to provide energy-efficient elevators and a destination control system for an office tower under construction at 400 West Georgia in downtown Vancouver, British Columbia, Canada. 13 FEB 2019
The global elevators market has been segmented on the basis of application, type, and lastly, region. The application-based segmentation segments this market into residential areas and commercial areas. Residential areas are areas where housing societies are located. Commercial areas the areas where corporate offices, businesses, retail outlets, and sometimes, factories are located in.

By type, the market has been segmented into automobile elevators, capsule elevators, goods elevators, hydraulic elevators, passenger elevator, and stretcher elevators. Automobile elevators are meant for transferring vehicles like a car when their location in the showroom needs to be changed. Capsule elevators are mostly used in corporate buildings, usually adding a decorative look to those buildings. Their shape is similar to the shape of a capsule in a pipeline. Popularly, known as "luggage lifts," goods elevators have been designed to move heavy items easily between main floors of a building. A passenger elevator is most common elevators that are used by people for going from one floor of the building to another floor. Stretcher elevators are used in hospitals to transport stretchers or stretcher-bound patients from one location to another.

The regional segmentation of the global elevators market can segment the market into the regional markets known as North America, Europe, South America, Asia Pacific, and rest of the world (RoW). During the forecast period, Asia Pacific is one of the leading regional markets in terms of value and volume due to the presence of a big market like China. In India and Indonesia, the construction sector is growing due to foreign direct investment. Hence, the demand for elevators is rising in this region. Another important country in this region where the construction sector is rapidly growing due to urbanization is Japan, that can be a potential market.

In North America and Europe, the market is growing due to technological advancement, established construction industry, and due to the presence of many key market players. The strongest economies in North America are the USA and Canada that can be lucrative markets. In Europe, the strongest economies that can be ideal markets are France, Germany, and the UK.

South America is an important market due to the positive growth of the construction sector in Brazil with the development of the Brazilian economy. Infrastructure projects in Brazil are growing steadily. Therefore, there is a high demand for elevators, which is attracting big market players to expand their business in Brazil and other countries of South America. Argentina, another strong economy in South America has the potential to be a lucrative market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/elevators-market-1546

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Elevators Market 2019 Global Analytical Overview by Key Leaders: Kone Corporation, Thyssenkrupp AG, Dover, Fujitec, Hyundai, Mitsubishi, Sigma, Schindler, Armor, Omega Elevators here

News-ID: 1714005 • Views:

More Releases from Market Research Future

Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating and Coastal Activities
Global Small Boat Industry Sees Growing Demand Amid Rising Recreational Boating …
As per the latest analysis by Market Research Future, the Small Boats Market Size was estimated at 17.12 (USD Billion) in 2024. The Small Boats Market Industry is expected to grow from 17.88 (USD Billion) in 2025 to 26.41 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 4.43% during the forecast period (2025 - 2034). The global small boat industry is witnessing significant growth, driven
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Redefine Vehicle Aesthetics and Functionality
Automotive Trim Market Attaining USD 193.22 Billion till 2034 | Innovations Rede …
As per the latest analysis by Market Research Future, the Automotive Trim Market Size was estimated at 140.30 (USD Billion) in 2024. The Automotive Trim Market Industry is expected to grow from 144.87 (USD Billion) in 2025 to 193.22 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 3.25% during the forecast period (2025 - 2034). The automotive industry is witnessing a significant transformation in vehicle
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next-Generation Vehicles | Robert Bosch Gmbh, Technoton
Leading Automotive Technology Firms Expand Fuel Level Sensor Solutions for Next- …
As per the latest analysis by Market Research Future, Automotive Fuel Level Sensor Market Size was valued at USD 5,788.04 million in 2024. The Automotive Fuel Level Sensor market industry is projected to grow from USD 6,008.32 million in 2025 to USD 9,201.90 million by 2035, exhibiting a compound annual growth rate (CAGR) of 4.35% during the forecast period (2024 - 2035). With the global automotive industry focused on precision,
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructure Evolve | Market Growth with 15.62% CAGR
Valet Parking Technology Gains Momentum as Urban Mobility and Smart Infrastructu …
As per the latest analysis by Market Research Future, the Valet Parking Technology Market Size was estimated at 1.41 (USD Billion) in 2024. The Valet Parking Technology Market Industry is expected to grow from 1.63 (USD Billion) in 2025 to 6.01 (USD Billion) till 2034, at a CAGR (growth rate) is expected to be around 15.62% during the forecast period (2025 - 2034). Valet parking technology is emerging as a transformative

All 5 Releases


More Releases for America

Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compound
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Masterbatches Market Study by Region (North America, Latin America, Europe, Asia …
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Masterbatches market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South …
Adroit Market Research has announced the addition of the “Global Textiles Market Size Status and Forecast 2025”, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacific
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Disease Market Summary The Global Gaucher Disease Market is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growth