Global Elevators and Escalators (Equipment Sales and Services) Market to 2024: Growing Prominence of Smart Elevators and Escalators in Smart Cities of the Future Benefit Market Expansion


Dublin, Jan. 16, 2019 (GLOBE NEWSWIRE) -- The "Elevators and Escalators - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. The global and regional markets are further analyzed in terms of value (revenues in US$) for the overall Elevator and Escalator equipment sales and services market.

This report analyzes the worldwide markets for Elevators and Escalators in US$ by the following Product Segments:

  • Elevators
  • Escalators

The report profiles 116 companies including many key and niche players such as:

  • Canny Elevator Co., Ltd. (China)
  • Fujitec Co., Ltd. (Japan)
  • Hitachi Ltd. (Japan)
  • Hyundai Elevators Co., Ltd. (South Korea)
  • Johnson Lifts Private Limited (India)
  • Kleemann Hellas S.A. (Greece)
  • KONE Oyj (Finland)
  • Mitsubishi Electric Corporation (Japan)
  • Shanghai Mitsubishi Elevator Co., Ltd. (SMEC) (China)
  • Otis Elevator Company (USA)
  • Otis Electric Elevator Co., Ltd. (China)
  • Sigma Elevator Company Limited (South Korea)
  • Savaria Corporation (Canada)
  • Schindler Group (Switzerland)
  • SJEC Corporation (China)
  • ThyssenKrupp Elevator AG (Germany)
  • Toshiba Elevator and Building Systems Corporation (Japan)
  • Yungtay Engineering Co. Ltd. (Taiwan)

Key Topics Covered:

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Elevators
Escalators

2. INDUSTRY OVERVIEW
Elevators and Escalators: Shaping City Landscapes' through Efficient, Prompt, Safe, Smooth, and Comfortable High-Rise Solutions
Growth Drivers in a Nutshell
Mega Trends Benefiting E&E Demand Summarized
Top Factors Influencing Market Growth: Ranked in the Order of Importance
Market Fortunes Strongly Linked to Performance of the Global Construction Industry
Construction Industry Statistical Snapshot
Booming Infrastructure Development Powers Demand Growth
Global Market Outlook
Developing Countries Dominate New Elevator and Escalator Installations and Spearhead Market Growth
Shift in the World's Tallest Buildings from Western Countries to Developing Countries
China & India: Underpenetrated Nature of the Markets Offer Huge Market Growth Potential

3. MARKET TRENDS, ISSUES & DRIVERS
Elevator Upgrades for Faster and Better People's Flow in Supertall Skyscrapers of Expanding Cities Drive Healthy Growth in Demand
Remarkable Evolution of Super Tall Buildings in Vertically Expanding Cities
Innovations Make Vertical Transportation Intelligent, Faster, Safer and More Comfortable
Faster Moving Elevators: The Essential Requirement for Tall Skyscrapers
Super Tall Buildings: The Sky is the Limit
Innovations in Elevator Technology for Efficient Use of Space and Faster Crowd Movement
Elevator Providers Develop High-Speed Models to Serve Skyscrapers
Growing Prominence of Smart Elevators and Escalators in Smart Cities of the Future Benefit Market Expansion
Growth Drivers Summarized
Smart, Intelligent Elevators with Connected Technologies
Escalators Key to Making Our Cities Smarter
Upcoming Smart Cities to Fuel Large-Scale Adoption of Smart Elevators and Escalators
Elevators to Attain New Heights of Sustainability amidst Rising Environmental Awareness
Advanced Technology to Enable Sustainable Systems
Building Developers Invest in Quality Elevators to Improve Operational Efficiency and Sustainability
Elevator Technologies for Green Buildings
The Green Infrastructure' Trend & Favorable Regulations Spur Demand for Green' Elevators
Recent Sustainability Initiatives of Vertical Transit System Manufacturers
Elevators as Urban Transit Platforms amidst Rapid Urbanization Globally Drives Market Adoption
IoT and Shift to the Digital Landscape Transform Elevator Functionality and Efficiency Levels
Key Components of Digitalization
Focus on Energy Savings Due to Aging Installed Base in Developed Markets Drive Modernization Initiatives and Replacement Demand
Elevators and Escalators with Enhanced Child Security: Need of the Hour
Innovative System by Meiller to Make Elevators Safe for Children
Aesthetics: An Essential Factor Aiding Market Growth
Maintenance: The Segment with the Highest Growth Potential
Elevator Maintenance: Past, Present, and the Future
Escalator and Elevator Maintenance Gets an Intelligent Makeover
In-home Elevators Grow in Popularity
Population Growth, Expanding Middle Class, and Rising Living Standards Strengthen Market Prospects
Aging Population: A Weighty Growth Driver
Burgeoning Middle Class
Rising Standards of Living

4. INNOVATIONS & ADVANCEMENTS
Social Media Wall in Elevators
World's First Tweeting Escalator
IoT and Cloud Technologies for Data Analytics and Predictive Maintenance
IoT Technology for Improving ROI
Virtual Reality Based Diagnosis
CycloCable Bike Escalator
Space Elevator
SkyRise Modernization for Outstanding Reliability and Performance
ACCEL Solution
CompassPlus Elevator Modernization System
ReGen Drives and GeN2 Elevator System
Gen2 Modernization Solutions
Elevonic R Series modernization Solutions
HydroAccel Packages
Standard HydroAccel package
Remote Electronic Monitoring (REM) System
Marketing Cloud, CRM and Service Cloud
24*7 Connected Service
Ultrarope: A Robust and Lightweight Solution
Direct Drive System
People Flow Solutions
Remote Monitoring System
Destination Dispatch Technology
Solar Elevator
myPORT, a Significant Development in PORT Technology
MULTI, World's First Rope-Free Elevator System
Ultra-Rapid Observatory Elevators
MAX, A Cloud-Connected Service
Ultra-High-Speed Elevator
Circulating Multi-Car Elevator System
World's Biggest Spiral Escalator
Super High Speed Elevator
Reduction of Waiting and Travel Time
Destination Oriented Allocation System (DOAS)
Airflow Analysis Technology
ThyssenKrupp: Few Other Noteworthy Innovations and their Key Features
KONE: Few Other Noteworthy Innovations and their Key Features
Other Elevator and Escalator Innovations and Advancements
Hand Sanitized Escalators
Elevator Maintenance Robots
Elevators with Magnetic Levitation
Virtual Terminal Interface
MMK-737 GSM/M2M Gateway and MEP2L Advanced Fixed Line Emergency Phone
Artificial Intelligence-Based Software for Elevators
Destination Control Systems
Digital Toolbox
Data Logging Systems
Bluetooth Technology
Touchless Summoning
Elevator Virtual Window Solution
Interactive Digital Displays
Vertical Subway Concept
Space Lifts
Traction Belts
Polyamide Sheaves
High-tensile Polymers-based Ropes
Conti Polyrope
Eco-Friendly Fluids in Hydraulic Elevator Systems
Energy Efficient In-Cab Lighting
Microprocessors & Power Semiconductor Applications
Double Deck Elevators
Hall Call Allocation
Nano Carbon Cables
Planetary Gears and Helical Gears
Disk Brakes
Variable Frequency Multi Speed Drives
Lightweight Materials in Escalators
Automatic Powering & Shutoff System
Soft Start and Stop Options
Inverter Enabled Stand-By Speed Mode

5. PRODUCT OVERVIEW
Elevators, Lifts and Hoists: Background and Development
Elevators: An Evolutionary Scan
Emergence of Advanced Electric Elevators
Gearless Traction Electric Elevators
Geared Traction Elevators
Machine Roomless (MRL) Elevators
Hydraulic Elevators
Dumbwaiters
Double-Deck Elevators
Observation Elevators
Sky Lobby
Freight Elevators
Residential Elevators
Reasons for Elevator Accidents
Safety Measures Related to Elevators
Vital Gadgets to Minimize Accidents
Other Measures
Precautionary Measures in Case of Earthquakes
Elevator Product Life Cycle
Escalators
Stairs Equipped with Handrails for Grip
Types of Escalators
Moving Stairways
Moving Walkways
Curved Escalator
Spiral Escalator
Hydraulic Elevators and Traction Elevators - A Comparison

6. COMPETITIVE LANDSCAPE
Elevators and Escalators Marketplace: Highly Consolidated
Competition: Noteworthy Trends
Modularity Becomes a Norm
Customized Products
Harmonized Regulation
Prices to Remain Steady
What Does It Take to Survive in the Marketplace?
Key Challenges Hampering Profitability of Market Participants
Lack of Trained Workforce
Stringent Government Regulations
Pricing Pressures
Online Marketplace: The New Distribution Vertical

6.1 FOCUS ON SELECT GLOBAL PLAYERS

6.2 PRODUCT LAUNCHES
ThyssenKrupp Elevator Introduces New Synergy and Evolution Elevator Lines
Mitsubishi Unveils Small-Scale Elevators and Escalators
ThyssenKrupp Elevator Launches HoloLinc Elevator
ThyssenKrupp Launches Evolution 200 MRL Elevator
Otis Launches First High-Speed Gen2 Elevator
Otis Introduces Otis ONE IoT Service Platform
Otis Introduces Otis Link Commercial Escalator
Otis Launches Otis Signature Service
KONE India Launches New Range of Energy-Efficient Elevators

6.3 RECENT INDUSTRY ACTIVITY
KONE Acquires Vancouver-Based Eltec Elevator
KONE Wins Order from Global Trade Center Nairobi for Elevators
ThyssenKrupp Contracts with Sydney Metro Stations for Elevators and Escalators
Otis India Announces the Vertical Transport Solutions for Statue of Unity
KONE Wins an Order to Modernize 385 Bourke Street Elevators
CANNY Announces the Renovation of Pedestrian Bridge with Escalators
ThyssenKrupp Delivers 143 PBBs and Four Elevators at Istanbul Grand Airport
Hitachi to Acquire Yungtay
KONE Wins Order to Equip the Shenzhen Gemdale Center with Elevators
Toshiba Elevator Partners with Autodesk to Promote Design Support Service
Schindler Debuts Robotics Installation System for Elevators
KONE Wins Order to Provide Elevators for NAU
Oracle Elevator Acquires Vertical Systems
Toshiba Elevator Releases New Upgrade Plan for Escalators
KONE Supplies Elevators and Escalators for Finland's West Metro Extension
GAL Manufacturing Establishes Vantage Elevator Solutions
3Phase Acquires Allied Elevator
KONE Acquires Maine Elevator Specialists
Savaria Acquires Garaventa Lift
CANNY Wins 3 Public Transportation Projects in China to Supply Escalators
Orbitz Elevators and Hitachi Sign an Agreement for Elevator and Escalator Solutions
Otis Electric Wins Contract from Shanghai Metro for 210 Escalators
All-Ways Elevator Acquires Fabian USA
ThyssenKrupp Announces New World-Class Headquarters in Georgia
Otis Partners with YITIAN Group for Elevators and Escalators
ThyssenKrupp to Merge with KONE
KONE Wins Order for 107 Escalators and Elevators from China's Ningbo Metro
KONE Wins Order of Elevators and Escalators for a Project in Nashville
GAL Acquires Elevator Controls
CANNY Elevator Wins the Bid of 100 Heavy-duty Escalators
Oceanwide Center Installs Otis 53 Elevators and Escalators
KONE Wins an Order to Provide Elevators at 110 North Wacker Drive
Otis to Modernize Chicago's Willis Tower with Otis SkyRise Units
Otis China to Provide 98 Escalators for Wuhan Metro Line 8 Phase II
Savaria Acquires H.E.S. Elevator Services
ThyssenKrupp Elevator Partners with Microsoft for Elevators
CANNY Wins Shijiazhuang Metro Line 3 Project
Nippon Otis Merges with Otis Elevator Service Company
KONE Acquires Heartland Elevator
Fujitec Wins Order for Elevators at Zhangjiakou Site
GAL Acquires Bore-Max
KONE Supplies MonoSpace 700 Elevators for Eglinton Crosstown LRT Project
KONE Wins Order for Phase II Zhengzhou Metro Line Expansion
CANNY Wins the Bid for 260 Sets of Elevators to Zhong Di Square Project
Delaware Elevator Acquires Coast to Coast Elevator
KLEEMANN Opens the Airport of Turkmenabat with 26 MRL Atlas Elevators
CANNY Wins Fuzhou Metro Line 2 Project to Provide 128 Units of Elevators
Elief Jerameal Nigeria Partners with Xizi Elevator to Promote Construction Activities
Mitsubishi Delivers Elevators and Escalators to Kuwait's The Avenues Mall
Mitsubishi Commence Operations of New Elevator Factory in South Korea
Oracle Elevator Acquires Four Elevator Manufacturers
KONE to Equip Elevators for Up-Scale Residential and Hotel Development
KONE Wins Order to Equip Elevators for Nanjing Golden Eagle World Towers
KONE Supplies 23 Elevators for the WOW Hotel

7. GLOBAL MARKET PERSPECTIVE
Volume Sales
Value Sales

8. REGIONAL MARKET PERSPECTIVE

9. COMPANY PROFILES

  • Total Companies Profiled: 116 (including Divisions/Subsidiaries - 205)
  • The United States (20)
  • Canada (5)
  • Japan (7)
  • Europe (102)
    • France (6)
    • Germany (14)
    • The United Kingdom (11)
    • Italy (15)
    • Spain (14)
    • Rest of Europe (42)
  • Asia-Pacific (Excluding Japan) (62)
  • Middle East (5)
  • Latin America (2)
  • Africa (2)

For more information about this report visit https://www.researchandmarkets.com/research/dhxgn4/global_elevators?w=12

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