Global Elevator & Escalator Market with Focus on Smart Elevators: Industry Analysis (2016-2020)

View Report Details Global Elevator & Escalator Market with Focus on Smart Elevators: Industry Analysis and Outlook ----------------------------------------(2016-2020)

View Report Details Executive Summary 

Elevator is a type of vertical transport equipment that efficiently moves people or goods between floors or levels of a building, vessel or any other structure. There are mainly two types of elevators namely hydraulic elevators and electric elevators. Escalator is a moving staircase or a conveyor transport device for carrying people between floors of a building. The device consists of a motor driven chain of individual linked steps that move up or down on tracks, allowing the step treads to remain horizontal.

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The E&E market comprises three main segments namely new equipment, modernization and maintenance. In the supply chain of E&E market, there are Tier 1 and Tier 2 suppliers who supply the inputs to the manufacturers, which reach the final installation base through various distribution channels.

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Smart Elevators are innovative systems that allow vertical transportation of goods or passengers in an automated framework. Smart elevators are designed to modify the simple act of traveling between floors.

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The key factors which are anticipated to drive this market include growing urbanization, increased old-age population, growing construction spending in emerging markets. Some of the noteworthy trends of this industry include high demand for energy-efficient elevators and verticalization of cities. However, the growth of respective industry is challenged by price competition and stringent safety norms.

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The report provides a comprehensive study of global elevator and escalator market and also major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. The global elevator and escalator industry is highly competitive consisting of several large enterprises including the United Technologies Corporation, Kone Corporation, Thyssenkrupp and Schindler Holdings Ltd. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.

A large number of new public infrastructure projects that are currently underway across the globe, are expected to further increase the growth of the global elevator and escalator market revenue Global E&E Market Revenue – Actuals (2011-2015)

Global E&E Market by Region (2015)

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The global elevator and escalator market revenue has been growing steadily at a CAGR of …% over the period 2011-2015. In the year 2015, the market revenue has increased to US$... billion, as against US$... billion in the year 2014.

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In terms of value, the revenue from Asia-Pacific region contributes the largest share in the global E&E market, which accounted for nearly xx% of the total revenue in the year 2015, followed by Europe and the Americas with a revenue share of xx% and xx% respectively.

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The global E&E maintenance revenue for the year 2015 was recorded to be US$.... billion. It is forecasted that the revenue from E&E maintenance will grow steadily at a CAGR of xx% over the period 2015-2020, thereby attaining a sum of US$...... billion by the end of the year 2020.

Global E&E Maintenance Revenue – Forecast (2015-2020)

Asia-pacific E&E market has been rapidly growing with time, owing to the changing demographics and rising levels of urbanization of cities in emerging economies Asia-Pacific E&E Market by Value – Forecast (2015-2020)

China E&E New Installation Volume – Forecast (2015-2020)

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It is forecasted that the Asia-pacific E&E market revenue will grow at a CAGR of xx% over the period 2015-2020, attaining a total value of US$xxx billion by the year 2020.

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It is noted that in the year 2015, the new installation volume in China amounted to xx thousand units, which is forecasted to reach a sum of xx thousand units by the end of 2020, growing at a CAGR of xx% over the period 2015-2020

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Korea E&E installed base volume for the year 2015 is noted to be xx thousand units. It is forecasted that the installed base volume will grow at a CAGR of xx% over the period 2015-2020, reaching a total volume of xxx thousand units by the end of 2020.

Korea E&E Installed Base Volume – Forecast (2015-2020)

Rising energy efficiency norms, technological advancements and increasing number of replacement of the older elevator systems are some of the primary reasons that would cause this upsurge of the market revenue.

EMEA E&E Market by Value – Forecast (2015-2020) • The market revenue for elevators and escalators in EMEA for the year 2015 was recorded to be US$.. billion. It is forecasted to grow at a CAGR of xx% over the period 2015-2020, attaining a value of US$... billion by the end of 2020.

• The E&E market revenue for the Americas was noted to be US$... billion in the year 2015. It is forecasted that the market revenue will grow at a CAGR of xx% over the period 2015-2020, attaining a total of US$... billion by the end of 2020.

• The global market for smart elevators has been growing at a CAGR of xx% over the period 2012-2015 and is valued at US$... billion for the year 2015, which has notably risen by xx% YoY, from US$.... billion in 2014

The Americas E&E Market by Value – Forecast (2015-2020)

Global Smart Elevators Market Revenue- Actuals (2012-2015)

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