Albany, NY -- (SBWIRE) -- 07/05/2013 -- Elevator and Escalator market in China to grow at a CAGR of 10.20 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing growth of the Construction industry in China. The Elevator and Escalator market in China has also been witnessing the development of energy-efficient elevators and escalators. However, the high cost of elevators and escalators could pose a challenge to the growth of this market.

Elevator and Escalator Market in China (http://www.researchmoz.us/elevator-and-escalator-market-in-china-2012-2016-report.html)2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers covers the Elevator and Escalator market in China landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this space include Hitachi Ltd., KONE Corp., Otis Elevator Co., and Shanghai Machinery and Electrical Industry Co., Ltd.

The other vendors mentioned in the report are Canny Elevator Co., Ltd., Schindler Group, Shanghai Sanei Elevator Co. Ltd., ThyssenKrupp AG, and Toshiba Corp.

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Key questions answered in this report:

What will the market size be in 2015 and at what will be the growth rate?
What are 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 key vendors?
What are the strengths and weaknesses of each of these key vendors?

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