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Elevator and Escalator Market in the USA to Grow at a CAGR of 4.24% During the Period 2017-2021 Key Vendors – FUJITEC, KONE, Mitsubishi Electric US, OTIS ELEVATOR Etc

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Albany, NY -- (SBWIRE) -- 09/16/2017 -- Elevators help move people and goods easily and efficiently within a building. They are installed in commercial buildings, residential buildings, mixed-use buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in parking areas to optimize the use of space. Escalators are moving stairs/walkways utilized to securely transport masses of individuals, loads, and gears from one point to another. They can be classified into inclined escalators and horizontal escalators. The inclined escalators are the most common form of escalators. The horizontal escalators are more frequently referred as either moving walkways or travellators. They are primarily used in transit applications where a massive traffic is to be transported.

Technavios analysts forecast the elevator and escalator market in the USA to grow at a CAGR of 4.24% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the elevator and escalator market in the USA for 2017-2021. To calculate the market size, the report considers the revenue generated from various sources such as installing new units, maintenance of existing units, and modernization of existing units in the country during the forecast period.

Elevator and Escalator Market in the USA 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Mitsubishi Electric US
thyssenkrupp Elevator

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Other prominent vendors
American Crescent Elevator
Bramalea Elevator
Cambridge Elevating
Delta Elevator
Excel Elevator & Escalator
Excel lifts
Federal Elevator
Garaventa Lift
GEDA USA Elevator and Material Lift Company
Hidral USA
Inclinator Company of America
Mowrey Elevator Company
Nationwide Lifts
PFlow Industries
Phoenix Modular Elevator
Pneumatic Vacuum Elevators
Premier Elevator
Schumacher Elevator Company
Symmetry Elevating Solutions
Vertechs Elevator Ontario
Waupaca Elevator Company

Market driver
Demand for modernization and maintenance.
For a full, detailed list, view our report

Market challenge
Reluctance to modernize and reduce elevators' energy use.
For a full, detailed list, view our report

Market trend
Increasing adoption of energy-efficient elevators and escalators.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the 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 the key vendors?
What are the strengths and weaknesses of the key vendors?

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