Elevator Market 2019 | Top Players - KONE Corporation, thyssenkrupp, Otis Elevator Co., Schindler Group, Hitachi, United Technologies
Asia Pacific holds a major share in the worldwide lift market owing to the fast growth in its construction industry. Rising demand from Asian countries like Japan, China and India is a major reason behind its key position in the worldwide elevator market. Economic development, regulatory changes, and expanding population are major reasons driving the growth of the industry.Elevator Market will likely surpass USD 130 billion by 2025.
Request for a Sample copy of this report @
Hence, advancements in the construction industry would augment the growth in global lift market. Product maintenance and service activities will also be an important factor augmenting the elevator market in forecast years. Rising elevator service and maintenance activities in mature construction markets such North America and Europe will be a major contributor for the lift market development.
This product is apt for tall buildings whereas hydraulic & pneumatic elevators are suitable for buildings with smaller heights. Machine room less traction helps in saving space and energy and are growing in popularity since the last two decades.
Elevator Market by End-user
• Building & construction
Elevator Market by Product
• Hydraulic & pneumatic
• Machine room (MR) traction
• Machine room-less (MRL) traction
Make an inquiry for purchasing this report @
North American and European region already have a mature construction industry which is employing many lifts. The repair, maintenance, and service of these existing products will positively influence the industry growth during the forecast timeframe. Rising construction activities in East and Central European countries such as Ukraine, Poland, Croatia, etc. will also favor advancements in the lift market in forecast years.
North America and Europe are other potential markets with rising demand for the product owing to rising urbanization. Elevator Market can be segregated on the basis of product, end user, and region. Machine room and machine room-less traction, hydraulic & pneumatic, and others are the various product types available in the industry. Machine room traction acquires the major industry share and will gain by a significant rate from 2017 to 2025.
Browse report summery @ https://www.gminsights.com/industry-analysis/elevator-market
Toshiba, Otis, Hitachi Ltd, KONE, Mitsubishi Electric Company, Schindler, Thyssenkrupp, are some key companies in the worldwide elevator market. Research & development and introducing innovative products into the industry are important strategies adopted by players to strengthen their position in the industry.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
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 Elevator Market 2019 | Top Players - KONE Corporation, thyssenkrupp, Otis Elevator Co., Schindler Group, Hitachi, United Technologies here
News-ID: 1792656 • Views: 322
More Releases from Global Market Insights, Inc
Global Hydraulic Hoist Market 2019 by regional trend & growth forecast to 2025 | …
Global Market Insights has recently added Hydraulic Hoist Market report which mentions valuable insights pertaining to market share, profitability graph, market size, SWOT analysis, and regional proliferation of this industry. The Asia Pacific regional Hydraulic Hoist Market is predicted to have the lion's share, in the entire forecast period. This regional market might cross USD 140.0 million till 2025, at CAGR more than 5.9%. The North America
Pharmacovigilance Outsourcing Market Growth Analysis by Product, Application, In …
U.S. pharmacovigilance outsourcing market dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug reactions
United Rentals | Construction Equipment Rental Market 2024 | Top Manufacturers U …
Construction Equipment Rental Market in Asia Pacific is expected to reach over USD 40 billion by 2024. The emerging trend of the organizations toward renting of heavy construction equipment will have a positive impact toward the industry demand. Rising wage rates in China coupled with the changing consumption patterns are generating a huge demand for the rental machinery. Construction Equipment Rental Market to cross $140 billion by 2024.
Automated Breast Ultrasound Systems Market Demand, Growth, Opportunities, Top Ke …
Automated Breast Ultrasound Systems Market size was valued over USD 590 million in 2017 and is expected to witness more than 16.0% CAGR from 2018 to 2024. The inception of automated breast ultrasound system (ABUS) market has completely revolutionized the diagnostic approach of breast cancer. Indeed, the increasing incidence of breast cancer across the world in the recent past has also added a dimension of growth to this industry. ABUS
More Releases for Elevator
Elevator & Escalators Market to Witness Huge Growth by 2025 | Leading Key Player …
HTF MI recently introduced Global Elevator & Escalators Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Sanyo Elevator, DAIKO, Escone Elevators, Saita Kougyou, Hitachi, Fujitec,Otis Elevator,
Elevator Modernization Market 2018 Global Analysis By Key Players – KONE Eleva …
WiseGuyReports.Com Publish a New Market Research Report On –“ Elevator Modernization Market 2018 Global Analysis By Key Players – KONE Elevator, Schindler Group, Otis Elevator company, Mitsubishi Electric, Kohler Elevator”. Description: This report studies the global Elevator Modernization market status and forecast, categorizes the global Elevator Modernization market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South
Elevator Market Player 2017 - Schindler, ThyssenKrupp, MitsubishiKone Elevator a …
ReportsWeb.com has announced the addition of the “Global Elevator Market Research Report” The report focuses on global major leading industry players with information such as company profiles, product picture and specification. Elevator-Global Market Status & Trend Report 2013-2023 Top 20 Countries Data offers a comprehensive analysis on Elevator industry, standing on the readers' perspective, delivering detailed market data in Global major 20 countries and penetrating insights. No matter the client is
Global Elevator Modernization Market Report 2017 : Hyundai Elevator, KONE Corpor …
Qyresearchreports include new market research report "Global Elevator Modernization Sales Market Report 2017" to its huge collection of research reports. The report on the global Elevator Modernization market is a comprehensive account of key market dynamics, current and prominent trends, share and size of various segments, recent research and development (R&D) activities, and the existing investment scenario in various regions. The analysis takes a closer look at the key drivers and
Global Elevator and Escalator Sales Market Report 2017 - Hitachi, Otis Elevator, …
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Elevator and Escalator for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India Global Elevator and Escalator market competition by top manufacturers/players, with Elevator and Escalator sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including Hitachi KONE Mitsubishi Electric Otis Elevator Schindler Elevator ThyssenKrupp Elevator Beacon Engineering Canny
Global Elevator & Escalators Sales Market Report 2017: Hitachi, KONE, Mitsubishi …
QY Research Groups’ analysts estimate the Elevator & Escalators Market to grow at a substantial CAGR during the forecast period. Why should the report be purchased? The report ‘Elevator & Escalators Market Research Report 2017’ highlights key dynamics of Global Elevator & Escalators sector. The potential of the sector has been investigated along with the key challenges. The current market scenario and future prospects of the sector has also been studied.