Boston, MA -- (SBWIRE) -- 11/03/2015 -- Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. They are installed in commercial, residential, and mixed-used buildings. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the elevator and escalator market in the US to grow at a CAGR of 0.71%, in terms of new installed units, over the period 2014-2019.

Covered in this report
In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in the US for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the country during the forecast period. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market, and a brief description on theOther Prominent Vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in the US. It also outlines the challenges faced by the vendors and the market at large, and highlights the key trends in the market.

Get More Details on this Report and a Full Table of Contents at Elevators and Escalators Market in the US 2015-2019

Technavio's report, Elevator and Escalator Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

Key customer segments

-Commercial customers
-Non-commercial customers

Key Vendors

-KONE US
-Mitsubishi Electric US
-Otis Elevator
-Schindler US
-ThyssenKrupp Elevator Americas

Other Prominent Vendors

-American Crescent Elevator
-Excel Elevator and Escalator
-Fujitec America
-GEDA

Market Drivers

-Development in residential and commercial segments
-For a full, detailed list, view our report

Market Challenges

-Expensive raw materials
-For a full, detailed list, view our report

Market Trends

-Increase in MRL elevators
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2019 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?

Companies Mentioned in this Report: KONE US, Mitsubishi Electric US, Otis Elevator, Schindler US, ThyssenKrupp Elevator Americas, American Crescent Elevator, Excel Elevator and Escalator, Fujitec America, GEDA

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