The Sale of Elevator and Escalator in Indonesia Market by New Installations to Reach 8.6 thousand Units by 2029 - Arizton

According to Arizton's latest research report, the Indonesia elevator and escalator market by new installations is growing at a CAGR of 3.96% during 2022-2029.

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The key players in the Indonesia elevator and escalator market are KONE, Mitsubishi, TKE, Hitachi, Hyundai Elevator, OTIS, Fujitec, Schindler, CANNY, and KOHLER.

The top five prominent vendors include KONE, Schindler, Mitsubishi, and Hitachi, with Mitsubishi and Schindler holding a 45% share of the Indonesia elevator and escalator market. In March 2022, the development of One Avenue Batam will take place in two stages. The initial phase will consist of five apartment towers, each comprising 16 floors, was launched in 2022. The second phase will involve the construction of four towers, with heights ranging up to 20 floors. The overall construction timeline for the project is set for ten years. Schindler has been chosen to provide vertical transportation solutions for development.

In March 2019, PT Berca Schindler Lifts (BSL) announced its expansion into Central Java by opening a fourth branch in Yogyakarta. After almost 20 years of serving Indonesian customers, BSL sets its commitment to offering vertical transportation solutions and reinforces its goal of becoming the region's leading lift and escalator provider.

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Key Vendors
KONE
Mitsubishi Electric
TK Elevator
Hitachi
Hyundai Elevator
Otis
Fujitec
Schindler
KÖHLER Elevator GmbH
CANNY Elevator Co., Ltd.

Other Prominent Vendors
Kunshan Hualong Elevator
SJEC
Analogue Holdings
SUZHOU JIUDE ELECTRICAL AND MECHANICAL TECHNOLOGY
SHENYANG YUANDA INTELLECTUAL INDUSTRY
IFE Elevators
Sigma Elevators

Elevator Market Segmentation by
Machine Type
Hydraulic and Pneumatic
Machine Room Traction
Machine Room Less Traction
Others
Climbing
Elevators
Industrial Elevators

Carriage Type
Passenger
Freight

Capacity
2-15 Persons
16-24 Persons
25-33 Persons
34 Persons and Above

End-User
Commercial
Residential
Industrial
Others
Public Transit
Institutional
Infrastructural

Escalator Market Segmentation by
Product Type
Parallel
Multi Parallel
Walkway
Crisscross

End-User
Public Transit
Commercial
Others
Institutional Sector
Infrastructure
Industrial

Key Questions Answered in the Report:
How big is the Indonesia elevator and escalator market?
What will be the growth rate of the Indonesia elevator and escalator market?
What is the number of installed bases in the Indonesia elevator and escalator market in 2022?
What are the key opportunities in the Indonesia elevator and escalator market?
What are the key Indonesia elevator and escalator market players?

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This release was published on openPR.