Elevator and Escalator Market Drives by Vertical Growth in the Global Construction Industry to 2019

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The analysts forecast the global elevator and escalator market to grow at a CAGR of 12.23%, in terms of new installed units over the period 2014-2019. Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building’s premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management.

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This report covers the present scenario and growth prospects of the global elevator and escalator market for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the world during the forecast period. The report presents a detailed forecast for China, EMEA, Rest of APAC, South America, and North America. Also, the report presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors.

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Key customer segments

Commercial customers

Non-commercial customers

Key vendors

KONE

Otis

Schindler

ThyssenKrupp

Other prominent vendors

Fujitec

Hyundai Elevator

Mitsubishi Electric

Toshiba Elevator

Market driver

Vertical growth in the global construction market

For a full, detailed list, view our report

Market challenge

High cost of manufacturing and installation

For a full, detailed list, view our report

Market trend

Increased 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 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

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