Albany, NY -- (SBWire) -- 05/03/2019 --Residential Elevators Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Residential Elevators industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Residential Elevators market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.
Residential elevators are a type of elevators installed in residential. Residential Elevators include platform lifts, Cabin lifts and wheelchair lifts.
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As the arrival of population aging, residential elevators are more and more popular. Residential elevator is very helpful for the access solution of the disabled. It looks promising that the global revenue market of residential elevators is about 15.86 billion USD in 2023.
Europe is the largest and the most mature market, as there are many famous elevator manufacturers engaged in the home lift and platform lift market. Some manufacturer also export residential elevators to other countries like China thorough these cooperative partners such as design and installation companies.
China is the fast growing market as the fast development of its real estate industry in the last several years. Though the growth speed is slowing since 2016, the residential elevator market is still enjoying a fast growth rate as the desire for better experience.
The global Residential Elevators market is valued at 13900 million US$ in 2018 is expected to reach 18600 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2019-2025.
This report focuses on Residential Elevators volume and value at global level, regional level and company level. From a global perspective, this report represents overall Residential Elevators market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
ThyssenKrupp
Otis
Mitsubishi
Hitachi
Cibes
Aritco
Stannah
Fujitec
RAM Manufacturing
Orona
Kone
Inclinator
Yungtay Engineering
Terry Lifts
Barduva
Yuncheng
Kleeman
Dongnan
Sigma
Canny Elevator
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Segment by Regions
North America
Europe
China
Japan
Segment by Type
Platform Lifts
Cabin Lifts
Other Lifts
Segment by Application
Private Home
Public Space
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Residential Elevators Market to Witness Swift Growth Owing to Extensive Demand & Rise in Industrialization by 2025
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