#

+1 (917) 893 7512

  • #
  • #
  • #
#
Global Elevator and Escalator Market | Growth,Trends and Forecast - 2020

Global Elevator and Escalator Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024)

Publish Date:June 2020
No. of Pages:103

Format : Adobe Reader (PDF) Instant delivery

US$ 1,200.00

Scope of the Report

Best Global Elevator and Escalator Market Report from 2020 to 2024

The report titled “Global Elevator and Escalator Market: Size & Forecasts with Impact Analysis of COVID-19 (2020-2024)”, provides an in depth analysis of the global elevator and escalator market by value, by installed base, by type, by service, by technology, by age range, by region, etc. The report provides a regional analysis of the elevator and escalator market, including the following regions: Asia Pacific, Europe, Middle East & Africa (EMEA), North America, and South America. The report also provides a detailed analysis of the COVID-19 impact on the construction industry, and elevator and escalator business.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global elevator and escalator market has also been forecasted for the period 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

The global elevator and escalator market is moderately fragmented with many major market players operating worldwide. The key players of the elevator and escalator market are Kone Corporation, Schindler Holding Ltd., thyssenKrupp AG, and Mitsubishi Electric Corporation are also profiled with their financial information and respective business strategies.

Country Coverage

Asia Pacific
Middle East & Africa (EMEA)
North America
South America

Company Coverage

Kone Corporation
Schindler Holding Ltd.
thyssenKrupp AG
Mitsubishi Electric Corporation

Executive Summary

Elevator, also referred to as lift, is a closed cabin that move up or down to transport passengers or freight between different floors of a multi-storey building. Whereas, an escalator is a moving staircase that carry passengers up and down between the floors of a building. Escalator consists a conveyor belt of individually linked steps on a track, which keeps each step horizontal for the passengers.

Escalators can be used in places where the installation of elevators would be impractical. The principal areas where elevators and escalators can be used, include shopping malls, railway and metro stations, hotels, airports, public buildings, high-rise apartments, etc.

The elevator and escalator’s life cycle comprises four stages. The cycle starts with the stage 1, where the installation of new elevators and escalators takes place. Stages 2 comprises the maintenance & repair of elevators and escalators. Stage 3 is related with the modernization activities. Finally, the stage 4 requires the full replacement of the elevators and escalators.

Elevators and escalators have a long history with continuous development of new and innovative solutions. The elevator and escalator market can be segmented on the basis of type, service, technology, and end-user.

The global elevator and escalator market has increased significantly during the years 2017-2019 and projections are made that the market would rise in the next four years i.e. 2020-2024 tremendously. The elevator and escalator market is expected to increase due to rapid urbanization, growing construction activities, rising infrastructure investments, increasing spending of middle class population, surging geriatric population, escalating investments in smart cities, etc. Yet the market faces some challenges such as economic slowdown, high cost involved, safety issues, etc.


Tags :







1. Executive Summary

2. Introduction

2.1 Elevator and Escalator: An Overview

2.1.1 Difference Between Elevator and Escalator
2.1.2 History of Elevator and Escalator
2.1.3 Features of Elevator and Escalator
2.1.4 Elevator and Escalator’s Life Cycle

2.2 Elevator and Escalator Segmentation: An Overview

2.2.1 Elevator and Escalator Segmentation by Type and Service
2.2.2 Elevator and Escalator Segmentation by Technology and End-User

2.3 Elevator and Escalator Installed Base Segmentation: An Overview
2.3.1 Elevator and Escalator Installed Base Segmentation by Age Range

3. Global Market Analysis

3.1 Global Elevator and Escalator Market: An Analysis 

3.1.1 Global Elevator and Escalator Market by Value
3.1.2 Global Elevator and Escalator Market by Type (Elevator and Escalator)
3.1.3 Global Elevator and Escalator Market by Service (New Installation, Maintenance, and Modernization)
3.1.4 Global Elevator and Escalator Market by Technology (Machine Room-less Traction, Hydraulic, and Machine Room Traction)
3.1.5 Global Elevator and Escalator Market by Region (Asia Pacific, Europe, Middle East & Africa (EMEA), North America, and South America)
3.1.6 Global Elevator and Escalator Market by Installed Base
3.1.7 Global Elevator and Escalator Market Installed Base by Age Range (Less than 10 Years Old, 10-20 Years Old, 21-30 Years Old, and More than 30 Years Old)
3.1.8 Global Elevator and Escalator Market Installed Base by Region (Asia Pacific, Europe, Middle East & Africa (EMEA), North America, and South America)

3.2 Global Elevator and Escalator Market: Type Analysis 

3.2.1 Global Elevator Market by Value
3.2.2 Global Escalator Market by Value

3.3 Global Elevator and Escalator Market: Service Analysis 

3.3.1 Global Elevator and Escalator New Installation Market by Value
3.3.2 Global Elevator and Escalator New Installation Market by Region (Asia Pacific, Americas, and Europe, Middle East & Africa (EMEA))
3.3.3 Global Elevator and Escalator New Installation Market by Volume
3.3.4 Global Elevator and Escalator New Installation Market Volume by Region (China, Europe, Middle East & Africa (EMEA), Asia Pacific (excluding China), North America, and South America)
3.3.5 Global Elevator and Escalator Maintenance Market by Value
3.3.6 Global Elevator and Escalator Modernization Market by Value

3.4 Global Elevator and Escalator Market: Technology Analysis 

3.4.1 Global Machine Room-less Traction Elevator and Escalator Market by Value
3.4.2 Global Hydraulic Elevator and Escalator Market by Value
3.4.3 Global Machine Room Traction Elevator and Escalator Market by Value

4. Regional Market Analysis

4.1 Asia Pacific Elevator and Escalator Market: An Analysis 

4.1.1 Asia Pacific Elevator and Escalator Market by Value
4.1.2 Asia Pacific Elevator and Escalator Market by Installed Base
4.1.3 Asia Pacific Elevator and Escalator Market Installed Base by Region (China, and Asia Pacific (excluding China))
4.1.4 China Elevator and Escalator Market by Installed Base
4.1.5 Asia Pacific (excluding China) Elevator and Escalator Market by Installed Base

4.2 Europe, Middle East & Africa (EMEA) Elevator and Escalator Market: An Analysis 

4.2.1 Europe, Middle East & Africa (EMEA) Elevator and Escalator Market by Value
4.2.2 Europe, Middle East & Africa (EMEA) Elevator and Escalator Market by Installed Base

4.3 North America Elevator and Escalator Market: An Analysis 

4.3.1 North America Elevator and Escalator Market by Value
4.3.2 North America Elevator and Escalator Market by Installed Base

4.4 South America Elevator and Escalator Market: An Analysis 
4.4.1 South America Elevator and Escalator Market by Value
4.4.2 South America Elevator and Escalator Market by Installed Base

5. Impact of COVID-19

5.1 Impact of COVID-19

5.1.1 Impact of COVID-19 on Construction Sector 
5.1.2 Impact of COVID-19 on Global Elevator and Escalator Industry
5.1.3 Regional Impact of COVID-19 on Elevator and Escalator Industry
5.1.4 Post-COVID-19 Outlook

6. Market Dynamics

6.1 Growth Driver
6.1.1 Rapid Urbanization
6.1.2 Growing Construction Activities
6.1.3 Rising Infrastructure Investments
6.1.4 Increasing Spending of Middle Class Population 
6.1.5 Surging Geriatric Population
6.1.6 Escalating Investments in Smart Cities

6.2 Challenges
6.2.1 Economic Slowdown
6.2.2 High Cost Involved
6.2.3 Safety Issues 

6.3 Market Trends
6.3.1 Growing Trend of Smart Elevators
6.3.2 Growing Use of Energy-Efficient Elevators 
6.3.3 Emergence of IoT-enabled Elevator and Escalator System
6.3.4 Increasing Trend of Modernization of Existing and Aging Elevators and Escalators 

7. Competitive Landscape

7.1 Global Elevator and Escalator Market Players: A Financial Summary
7.2 Global Elevator and Escalator Players by Market Share
7.3 Global Elevator and Escalator Market Players by Implied Market Positions
7.4 Global Elevator and Escalator Market Players by Average Research & Development (R&D) Spend
7.5 Global Elevator and Escalator New Installation Players by Market Share
7.6 Global Elevator and Escalator Service Players by Market Share

8. Company Profiles

8.1 KONE Corporation
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy

8.2 Schindler Holding Ltd. 
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy

8.3 thyssenKrupp AG
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy

8.4 Mitsubishi Electric Corporation 
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
Figure 1: Difference Between Elevator and Escalator
Figure 2: History of Elevator and Escalator
Figure 3: Features of Elevator and Escalator
Figure 4: Elevator and Escalator’s Life Cycle
Figure 5: Elevator and Escalator Segmentation by Type and Service
Figure 6: Elevator and Escalator Segmentation by Technology and End-User
Figure 7: Elevator and Escalator Installed Base Segmentation by Age Range
Figure 8: Global Elevator and Escalator Market by Value; 2017-2019 (US$ Billion)
Figure 9: Global Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 10: Global Elevator and Escalator Market by Type; 2019 (Percentage, %)
Figure 11: Global Elevator and Escalator Market by Service; 2019 (Percentage, %)
Figure 12: Global Elevator and Escalator Market by Technology; 2019 (Percentage, %)
Figure 13: Global Elevator and Escalator Market by Region; 2019 (Percentage, %)
Figure 14: Global Elevator and Escalator Market by Installed Base; 2017-2019 (Million Units)
Figure 15: Global Elevator and Escalator Market by Installed Base; 2020-2024 (Million Units)
Figure 16: Global Elevator and Escalator Market Installed Base by Age Range; 2019 (Percentage, %)
Figure 17: Global Elevator and Escalator Market Installed Base by Region; 2019 (Percentage, %)
Figure 18: Global Elevator Market by Value; 2018-2019 (US$ Billion)
Figure 19: Global Elevator Market by Value; 2020-2024 (US$ Billion)
Figure 20: Global Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 21: Global Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 22: Global Elevator and Escalator New Installation Market by Value; 2018-2019 (US$ Billion)
Figure 23: Global Elevator and Escalator New Installation Market by Value; 2020-2024 (US$ Billion)
Figure 24: Global Elevator and Escalator New Installation Market by Region; 2019 (Percentage, %)
Figure 25: Global Elevator and Escalator New Installation Market by Volume; 2015-2019 (Thousand Units)
Figure 26: Global Elevator and Escalator New Installation Market Volume by Region; 2019 (Percentage, %)
Figure 27: Global Elevator and Escalator Maintenance Market by Value; 2018-2019 (US$ Billion)
Figure 28: Global Elevator and Escalator Maintenance Market by Value; 2020-2024 (US$ Billion)
Figure 29: Global Elevator and Escalator Modernization Market by Value; 2018-2019 (US$ Billion)
Figure 30: Global Elevator and Escalator Modernization Market by Value; 2020-2024 (US$ Billion)
Figure 31: Global Machine Room-less Traction Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 32: Global Machine Room-less Traction Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 33: Global Hydraulic Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 34: Global Hydraulic Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 35: Global Machine Room Traction Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 36: Global Machine Room Traction Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 37: Asia Pacific Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 38: Asia Pacific Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 39: Asia Pacific Elevator and Escalator Market by Installed Base; 2019-2024 (Million Units)
Figure 40: Asia Pacific Elevator and Escalator Market Installed Base by Region; 2019 (Percentage, %)
Figure 41: China Elevator and Escalator Market by Installed Base; 2019-2024 (Million Units)
Figure 42: Asia Pacific (excluding China) Elevator and Escalator Market by Installed Base; 2019-2024 (Million Units)
Figure 43: Europe, Middle East & Africa (EMEA) Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 44: Europe, Middle East & Africa (EMEA) Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 45: Europe, Middle East & Africa (EMEA) Elevator and Escalator Market by Installed Base; 2019-2024 (Million Units)
Figure 46: North America Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 47: North America Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 48: North America Elevator and Escalator Market by Installed Base; 2019-2024 (Million Units)
Figure 49: South America Elevator and Escalator Market by Value; 2018-2019 (US$ Billion)
Figure 50: South America Elevator and Escalator Market by Value; 2020-2024 (US$ Billion)
Figure 51: South America Elevator and Escalator Market by Installed Base; 2019-2024 (Thousand Units)
Figure 52: Global Real Percentage Change in Construction Output; 2018-2024 (Percentage, %)
Figure 53: Europe Construction Growth Post COVID-19; 2019-2021 (Percentage, %)
Figure 54: Global Urbanization Rates by Region; 2010-2040 (Percentage, %)
Figure 55: Global Construction Expenditures; 2015-2019 (US$ Trillion)
Figure 56: Global Infrastructure Investment at Current Trends; 2015-2019 (US$ Trillion)
Figure 57: Global Middle Class Population; 2015-2030 (Billion)
Figure 58: Global Aging Population by Region; 2010-2040 (Percentage, %)
Figure 59: Global Technology Spending into Smart City Initiatives; 2018-2023 (US$ Billion)
Figure 60: Global Real GDP Growth by Region; 2019-2021 (Percentage, %)
Figure 61: Global Smart Elevator Market; 2018-2024 (US$ Billion)
Figure 62: Global Elevator and Escalator Players by Market Share; 2017 & 2019 (Percentage, %)
Figure 63: Global Elevator and Escalator Market Players by Average Research & Development (R&D) Spend; 2017-2019 (Percentage, %)
Figure 64: Global Elevator and Escalator New Installation Players by Market Share; 2019 (Percentage, %)
Figure 65: Global Elevator and Escalator Service Players by Market Share; 2019 (Percentage, %)
Figure 66: KONE Corporation Sales; 2015-2019 (US$ Billion)
Figure 67: KONE Corporation Sales by Segments; 2019 (Percentage, %)
Figure 68: KONE Corporation Sales by Region; 2019 (Percentage, %)
Figure 69: Schindler Holding Ltd. Revenue; 2015-2019 (US$ Billion)
Figure 70: Schindler Holding Ltd. Revenue by Region; 2019 (Percentage, %)
Figure 71: thyssenKrupp AG Net Sales; 2018-2019 (US$ Billion)
Figure 72: thyssenKrupp AG Net Sales by Segments; 2019 (Percentage, %)
Figure 73: thyssenKrupp AG Net Sales by Region; 2019 (Percentage, %)
Figure 74: Mitsubishi Electric Corporation Revenue; 2015-2019 (US$ Billion)
Figure 75: Mitsubishi Electric Corporation Revenue by Segments; 2019 (Percentage, %)
Figure 76: Mitsubishi Electric Corporation Revenue by Region; 2019 (Percentage, %)
Table 1: Global Elevator and Escalator Market Players: A Financial Summary; 2019
Table 2: Global Elevator and Escalator Market Players by Implied Market Positions; 2019