Portland, OR -- (SBWIRE) -- 10/23/2017 -- A Report published by Progressive Markets, titled, "Global Elevators and Escalators Market - Size, Trend, Share, Opportunity Analysis & Forecast, 2014–2025". As per report, global elevators and escalators market is expected to grow at a CAGR of 6.0% from 2017 to 2025. Report offers an extensive analysis of key manufacturers, discuses key segments & outlines drivers & opportunities. Investment feasibility analysis is also offered to help investors gain insights on areas and companies for investment. Research is helpful for market players to avail insights on current industry conditions and gain big outcomes based on growth strategies. Detailed analysis of historic period, 2014–2016 and the forecast period, 2017–2025 are provided to help market players gain information on past progress and make estimations for market size. Moreover, the study is a helpful source of information to guide them to gain competitive edge and strengthen their position in the industry by adoption of various strategies.

Market dynamics of the global elevators and escalators industry are provided based on drivers and challenges. Rapid urbanization and changing demographic trends are factors that drive growth in the industry. However, high maintenance cost is a key challenge market players need to overcome in the coming years. Furthermore, impact of aforementioned factors is outlined in the research to assist manufacturers, new entrants, and investors to capitalize on opportunities that driving factors present and overcome challenges.

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Executive summary and key findings of the global elevators and escalators market are provided in the study to help market players and investors to save time and plan strategies for the future. Current market status is discussed to outline current happenings in the global market. Recent developments in the market are explored in the study to help market players adopt those technological and strategically developments to gain competitive edge. Research methodology is offered in the research based on primary and secondary methodologies used to collect and validate data, information, and statistics. Porter's Five Forces Analysis is provided to help in identifying competitive level and development of business strategy. Bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and industrial rivalry are factors analyzed in the research.

Detailed segmentation of the global elevators and escalators market is offered based on type, service, end user, and geography. Based on type, the market is divided into escalators and elevators. Moreover, escalator segment is classified into parallel, walkway, multi-parallel, and others. However, the elevator segment is categorized into freight, passenger, and others. On the basis of service, the escalators market is sub-divided into on maintenance & repair, modernization, and new installation. Based on end users, the market is segmented into residential, institutional, commercial, infrastructural, and others. Geographically, the market is classified on the basis of regions including North America, Asia-Pacific, Europe, and LAMEA. Analysis for market share is performed for each segment based on aforementioned regions for the historic period and the forecast period. Furthermore, historic market size and estimations for market size are offered with the help of tabular and pictorial format.

Leading market players operating in the global elevators and escalators market are analyzed in the research. A business overview of each market player is outlined along with their financial and business segments. Recent developments are explored in the report to help market players to gain information on recent progress of the industry. Key market players operating in the market include United Technologies, KONE Corporation, Schindler, FUJITEC, Mitsubishi Electric Corporation, Hyundai Elevator Co., Ltd., ThyssenKrupp AG, Toshiba Corporation, Hitachi Ltd., and Electra Ltd. This information is valuable to determine leadership position of the market and strategies needed to be implemented to gain lead position. Moreover, these insights pave way for agreements, collaborations, partnerships, and others.

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Countries from each geography are discussed in the research on the basis of revenue generated for the historic period. In North American region, countries analyzed include Mexico, the U.S., and Canada. Furthermore, regions analyzed from the European region are U.K., Germany, France, Spain, Italy, and rest of the Europe. China, India, Japan, Australia, South Korea, and rest of Asia-Pacific are regions discussed from the Asia-Pacific region. On the other hand, Brazil, South Africa, Saudi Arabia, and rest of LAMEA are regions explored from LAMEA region.