Press release
Elevator and Escalator 2017 Turkey Market Expected to Grow at CAGR 7.03 % and Forecast to 2021
Elevator and Escalator Market
About elevators and escalators
Elevators and escalators help move people and goods easily and efficiently within a building's premises. They are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in parking areas to help in optimum utilization of space.
Technavio's analysts forecast the elevators and escalators market in Turkey to grow at a CAGR of 7.03% and 7.23% in terms of revenue and newly installed units, respectively, over the period 2014-2019.
Covered in this report
In this report, Technavio includes the present scenario and growth prospects of the elevators and escalators market in Turkey for the period 2015-2019. To calculate the market size, we consider the number of newly installed units and the revenue generated from installation of new elevator and escalator units in the country during the forecast period.
The report also presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevators and escalators market in Turkey, outlines the challenges faced by the vendors and the market at large, and highlights the key trends visible in the market.
Key vendors
• HMF Elevators and Services
• Otis
• Schindler
• ThyssenKrupp
Other prominent vendors
• BSB Elevator
• Edoux Elevator
• GTS Elevator and Escalator
• KONE
• Tromp Elevator and Escalator
• Turklift Elevator
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Market driver
• Government initiatives
• For a full, detailed list, view our report
Market challenge
• Occurrence of accidents
• For a full, detailed list, view our report
Market trend
• Increased focus on safety in elevators and escalators
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents:
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Industry overview
• Elevators and escalators overview
• Life cycle of elevators and escalators
• Supply chain for elevators and escalators
• Key investment opportunities for the elevators and escalators market in Turkey
• Investment incentive schemes in Turkey
PART 06: Market landscape
• Market size and forecast
• Five forces analysis
PART 07: Elevators market in Turkey
• Elevators market in Turkey
PART 08: Escalators market in Turkey
• Escalators market in Turkey
PART 09: Market drivers
• Government initiatives
• Growth of real estate sector
• Growth of the healthcare sector
PART 10: Impact of drivers
PART 11: Market challenges
• Occurrence of accidents
• Lack of skilled labor
• Intense competition from domestic vendors
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Increased focus on safety in elevators and escalators
• Increase in export of elevator and escalator equipment
• Increase in electric elevator installations
PART 14: Vendor landscape
• Competitive scenario
• Other prominent vendors
PART 15: Key vendor analysis
• HMF (Hyundai) Elevators and Services
• Otis Turkey
• Schindler Turkey
• ThyssenKrupp Turkey
Continued…….
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