Global Elevator And Escalator Market Report By Product (Traction Elevator, Hydraulic Elevator, Climbing Elevator, Pneumatic Elevator And Escalator), By Application (Residential Building And Commercial Building) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026

ID:VMR11210277
January 2020
Report Formats:

Rising usage of elevator and escalators at airports, malls, subways, hospitals, office buildings, and other commercial spaces to offer ease in transit is driving the market growth. Growing geriatric population is another factor boosting its installation in the residential sector. Booming construction sector resulting into rapid demand of elevators in high-rise and mid-rise buildings is further pushing the market growth. Socioeconomic factors such as the rise in per capita income and increase in standard of living are also impacting the market growth positively. 

The latest report by Value Market Research expects the Global Elevator And Escalator Market to reach USD 167.2 billion by 2025. It was valued USD 99.1 billion in 2018. The report foresees a 7.8% CAGR from 2019 to 2025.
 
Hydraulic elevators dominated the segment
In 2018, hydraulic elevators emerged as the leading product segment. Advantages of hydraulic lifts are it is efficient, relatively cheaper, occupies less space, easy to install and maintain are driving its demand.
 
Residential building dominated the application segment
By application, residential building led the segment in 2018. Rising construction of high-rise and mid-rise residential apartments is driving the segment growth. High disposable income, an increasing trend of nuclear families is pushing the construction of the residential building. Rising installation of elevators in residential building owing to rise in old aged population and patients suffering from arthritis and other joint related disorders are boosting the market demand.
 
Asia Pacific dominated the regional market
Geographically, Asia Pacific led the market and has accounted for major market share in 2018. Rapid urbanization and industrialization in developing countries such as China and India are driving market growth. Also, High population density, the rise in disposable income and increase in standard of living are some of the prominent factors spurring the regional market growth.
 
Key players of the market
Major vendors of the market are Fujitec, Hitachi, Hyundai, Kone Elevator, Mitsubishi, Otis, ThyssenKrupp, and Toshiba.

As per this study, the Global Elevator And Escalator Market was valued USD XX.X BN (by revenue) in 2019 and is anticipated to reach USD XXX.X BN by 2026 with a CAGR of X.X%.
 
The elevator is a power-driven installation that runs in definite vertical guidelines and lifts up people or goods between floors of the building. Whereas, the escalator is the set of moving stairs that are electrically powered used to carry passenger upwards or downwards in subways, buildings and public utility areas. Both elevators and escalators are used to provide rapid and convenient transportation between floors of the infrastructure.
 
Market Dynamics
 
Rising construction of airports, subways, commercial complexes, shopping malls are majorly driving the elevator and escalator market growth. Rising installation of elevators and escalator in high-rise building and skyscrapers is further boosting the market growth. Rapid urbanization, along with the increasing count of retail and metro station is again pushing the market growth uphill. However, high installation cost may hinder the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of elevator and escalator.
 
Market Segmentation
 
The broad elevator and escalator market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product

  • Traction Elevator
  • Hydraulic Elevator
  • Climbing Elevator
  • Pneumatic Elevator
  • Escalator
 
By Application
  • Residential Building
  • Commercial Building
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for elevator and escalator in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Elevator And Escalator Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the elevator and escalator market include Fujitec, Hitachi, Hyundai, Kone Elevator, Mitsubishi, Otis, ThyssenKrupp and Toshiba. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Elevator And Escalator Market
       2.2. Global Elevator And Escalator Market Snapshot
 
3 . ELEVATOR AND ESCALATOR – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Elevator And Escalator Market
       3.3. Market Restraints of Elevator And Escalator Market
       3.4. Opportunities of Elevator And Escalator Market
       3.5. Trends of Elevator And Escalator Market
       3.6. Porter’s Five Force Analysis of Elevator And Escalator Market
       3.7. Elevator And Escalator Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Elevator And Escalator Value Chain Analysis
       4.2. Elevator And Escalator Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Elevator And Escalator Raw Material Manufactures List
           4.2.3. Price Trend of Elevator And Escalator Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Elevator And Escalator Market Analysis by Product
       5.3 Market Analysis of Traction Elevator by Regions
       5.4 Market Analysis of Hydraulic Elevator by Regions
       5.5 Market Analysis of Climbing Elevator by Regions
       5.6 Market Analysis of Pneumatic Elevator by Regions
       5.7 Market Analysis of Escalator by Regions
 
6 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Elevator And Escalator Market Analysis by Application
       6.3 Market Analysis of Residential Building by Regions
       6.4 Market Analysis of Commercial Building by Regions
 
7 . GLOBAL ELEVATOR AND ESCALATOR MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Elevator And Escalator Market Estimate by Market Segment
           7.3.3. North America Elevator And Escalator Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Elevator And Escalator Market Estimate by Market Segment
           7.4.3. Europe Elevator And Escalator Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Elevator And Escalator Market Estimate by Market Segment
           7.5.3. Asia Pacific Elevator And Escalator Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Elevator And Escalator Market Estimate by Market Segment
           7.6.3. Latin America Elevator And Escalator Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Elevator And Escalator Market Estimate by Market Segment
           7.7.3. Middle East & Africa Elevator And Escalator Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE ELEVATOR AND ESCALATOR COMPANIES
       8.1. Elevator And Escalator Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF ELEVATOR AND ESCALATOR INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. Fujitec
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Hitachi
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Hyundai
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Kone Elevator
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. Mitsubishi
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Otis
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. ThyssenKrupp
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Toshiba
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
 
10.  IMPACT ANALYSIS OF COVID-19 OUTBREAK
       10.1. Impact Analysis of Covid-19 Outbreak on the Market
           10.1.1. Direct Impact on Production
           10.1.2. Supply Chain and Market Disruption
           10.1.3. Financial Impact on Firms and Financial Markets
       10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       10.3. Pre V/S Post COVID-19 Market
       10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
       10.5. COVID-19: Micro and Macro Factor Analysis on the Market
    
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  • Global Market Snapshot
  • Drivers of the Global Market Impact Analysis
  • Restraints of the Global Market Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers 
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19 Market
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
  • COVID-19: Micro and Macro Factor Analysis on the Market
  • Global Elevator And Escalator Market Analysis by Product (USD MN)
  • Global Elevator And Escalator Market Analysis in Traction Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Hydraulic Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Climbing Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Pneumatic Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Escalator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis by Application (USD MN)
  • Global Elevator And Escalator Market Analysis in Residential Building by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Commercial Building by Geography (USD MN)
  • Global Elevator And Escalator Market by Geography (USD MN)
  • North America Elevator And Escalator Market Analysis by Product (USD MN)
  • North America Elevator And Escalator Market Estimate by Application (USD MN)
  • North America Elevator And Escalator Market Estimate by Country (USD MN)
  • United State Elevator And Escalator Market Analysis by Product (USD MN)
  • United State Elevator And Escalator Market Estimate by Application (USD MN)
  • Rest of North America Elevator And Escalator Market Analysis by Product (USD MN)
  • Rest of North America Elevator And Escalator Market Estimate by Application (USD MN)
  • Europe Elevator And Escalator Market Analysis by Product (USD MN)
  • Europe Elevator And Escalator Market Estimate by Application (USD MN)
  • United Kingdom Elevator And Escalator Market Analysis by Product (USD MN)
  • United Kingdom Elevator And Escalator Market Estimate by Application (USD MN)
  • France Elevator And Escalator Market Analysis by Product (USD MN)
  • France Elevator And Escalator Market Estimate by Application (USD MN)
  • Germany Elevator And Escalator Market Analysis by Product (USD MN)
  • Germany Elevator And Escalator Market Estimate by Application (USD MN)
  • Rest of Europe Elevator And Escalator Market Analysis by Product (USD MN)
  • Rest of Europe Elevator And Escalator Market Estimate by Application (USD MN)
  • Asia Pacific Elevator And Escalator Market Analysis by Product (USD MN)
  • Asia Pacific Elevator And Escalator Market Estimate by Application (USD MN)
  • Asia Pacific Elevator And Escalator Market Estimate by Country (USD MN)
  • China Elevator And Escalator Market Analysis by Product (USD MN)
  • China Elevator And Escalator Market Estimate by Application (USD MN)
  • Japan Elevator And Escalator Market Analysis by Product (USD MN)
  • Japan Elevator And Escalator Market Estimate by Application (USD MN)
  • India Elevator And Escalator Market Analysis by Product (USD MN)
  • India Elevator And Escalator Market Estimate by Application (USD MN)
  • Rest of Asia Pacific Elevator And Escalator Market Analysis by Product (USD MN)
  • Rest of Asia Pacific Elevator And Escalator Market Estimate by Application (USD MN)
  • Latin America Elevator And Escalator Market Analysis by Product (USD MN)
  • Latin America Elevator And Escalator Market Estimate by Application (USD MN)
  • Latin America Elevator And Escalator Market Estimate by Country (USD MN)
  • Brazil Elevator And Escalator Market Analysis by Product (USD MN)
  • Brazil Elevator And Escalator Market Estimate by Application (USD MN)
  • Rest of Latin America Elevator And Escalator Market Analysis by Product (USD MN)
  • Rest of Latin America Elevator And Escalator Market Estimate by Application (USD MN)
  • Middle East & Africa Elevator And Escalator Market Analysis by Product (USD MN)
  • Middle East & Africa Elevator And Escalator Market Estimate by Application (USD MN)
  • Middle East & Africa Elevator And Escalator Market Estimate by Country (USD MN)
  • Middle East Elevator And Escalator Market Analysis by Product (USD MN)
  • Middle East Elevator And Escalator Market Estimate by Application (USD MN)
  • Africa Elevator And Escalator Market Analysis by Product (USD MN)
  • Africa Elevator And Escalator Market Estimate by Application (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton
  • New Product Launch
  • Other Developments
  • Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  • Research Scope of Elevator And Escalator Report
  • Market Research Process
  • Market Research Methodology
  • Global Elevator And Escalator Market Size, by Region (USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Product
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Elevator And Escalator Market Analysis by Product (USD MN)
  • Global Elevator And Escalator Market Analysis in Traction Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Hydraulic Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Climbing Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Pneumatic Elevator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Escalator by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis by Application (USD MN)
  • Global Elevator And Escalator Market Analysis in Residential Building by Geography (USD MN)
  • Global Elevator And Escalator Market Analysis in Commercial Building by Geography (USD MN)
  • Latin America Elevator And Escalator Market by Revenue
  • Middle East & Africa Elevator And Escalator Market by Revenue
  • Recent Development in Elevator And Escalator Industry
  • Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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