The industry is anticipated to register a CAGR of 6% during the period, 2017–2025
Portland, OR -- (SBWIRE) -- 07/14/2017 -- According to a latest report published by Progressive Markets on the ICT & Media sector, titled, "Global Elevators and Escalators Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is anticipated to register a CAGR of 6% during the period, 2017–2025. It offers comprehensive analysis of geographical locations and it determines opportunities that prevail in these regions. This would aid manufacturers, investors, and new entrants to avail opportunities and contribute in the growth of the industry.
The research gives an overview of the global elevators and escalators market. It also offers description of scope of the industry. In addition, it includes summary, such as recent developments, industry attractiveness, trend analysis, and competitive landscape. It also incorporates Porter's Five Forces Analysis (PFFA). The report uses this research methodology to assess rivalry in the market which includes bargaining power of suppliers and buyers. It also evaluates threats from substitutes and new entrants. Further, it analyzes market dynamics and its impact upon the industry. It also segments the market into type, service, end-use, and region.
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The study segments the global elevators and escalators market on the basis of service into maintenance & repair, new installation, and modernization. According to it, the industry finds its end-users in residential, institutional, commercial, and infrastructural. Geographically, it breakdowns the market into North America, Europe, Latin America Middle East & Africa, and Asia-Pacific. It splits types of the industry into escalators and elevators. The research classifies types further, such as escalators into parallel, walkway, and multi-parallel. It bifurcates elevators into freight and passenger. It analyzes market share of types, services, end-users, and geographies for the period, 2014–2025. Moreover, it evaluates industry size of each service, type, and end-user by region for the historic period and forecast period, 2014–2016 and 2017–2025, respectively.
The report discusses leading manufacturers of the global elevators and escalators market. These include Electra Ltd, United Technologies, KONE Corporation, Schindler, Mitsubishi Electric Corporation, ThyssenKrupp AG, FUJITEC, Hyundai Elevator Co., Ltd., Toshiba Corporation, and Hitachi Ltd. The experts analyze aforementioned firms on certain parameters, such as finance and business segment of each company. In addition, they assess recent development by every giant of the industry. The study also evaluates factors that fuel market growth which include change in demography. It analyzes alternative factors that determine progress of the industry, such as increase in urbanization. It also evaluates aspect that hinders prosperity of the industry which includes high cost for maintenance.
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The research offers various key takeaways of the global elevators and escalators market, such as an in-depth assessment of developments in the market aids manufacturers and new entrepreneurs to understand the industry as well as consumer behavior. The report thoroughly follows the status of the products and also provides a substantial examination of top manufacturers of the market framework. For instance, there are tables that show revenue generated by all segments of the market.
Table Of Contents:
1.1. Key findings
1.2. Market attractiveness and trend analysis
1.3. Competitive landscape and recent industry development analysis
2.1. Report description
2.2. Scope and definitions
2.3. Research methodology
3.3. Market landscape
3.1. Growth drivers
3.1.1. Impact analysis
3.2. Restraints and challenges
3.2.1. Impact analysis
3.3. Porter's analysis
4. Global elevators and escalators market by type
4.1.1. Historical market size by region, 2014-2016
4.1.2. Market forecast by region, 2017-2025