China Elevator and Escalator Industry Outlook to 2017 - Affordable Housing to Bolster Demand: Ken Research

NEW DELHI, October 30, 2013 /PRNewswire/ --

  • Of the overall global sales of new equipment, which was estimated around 670,000 units in 2012, China accounted for a massive share of 65.0% of the global elevator and escalator market
  • The maintenance and modernization revenue from the China's elevator and escalator market has grown at a healthy CAGR of 20.9% from 2007-2012

Ken Research has announced in its report "China Elevator and Escalator Industry Outlook to 2017 - Affordable Housing to Bolster Demand", the elevator market in China by new installations has evidenced growth at a remarkable CAGR of 15.2% in terms of new installations, increasing to 385,287 units as recorded in the year 2012.

     (Logo: http://photos.prnewswire.com/prnh/20131030/648911 )

The revenue from the elevator sales in China has witnessed an almost two fold growth over the last five years. The revenue recorded in 2007 was USD 3,782.9 million, which augmented in the subsequent year at a growth of 6.1% y-o-y.

The vertical transportation market in China, including elevators, escalators and moving walkways, continues to remain one of the most highly concentrated markets in the country with only a few players operating in this space. China elevator market space in the year 2012 was dominated by GiantKONE. The combined share of other players competing in the China Elevator Space however stood significantly higher at 27.4% as registered in the year 2012. This market share includes the contribution of companies such as Canny elevators, Shenyang Brilliant elevator company, SJEC Elevator Company, Toshiba elevator, Hyundai elevator, Huasheng Fujitec Elevator Co. Ltd, Guangzhou elevator and others

Key Topics Covered:

1. China Elevator And Escalator Market Size

- By Installed Base and New Equipment Installations, 2007-2012

- By Revenue, 2007-2012

- By Maintenance and Modernization, 2007-2012

2. China Elevator Market Introduction

- Market Size

    - By New Equipment Installation, 2007-2012

    - By Revenue, 2007-2012

    - By Maintenance and Modernization, 2007-2012

- Market Segmentation

    - By End Usage, 2011-2012

    - By Types of Machinery (Hydraulic and Traction), 2010-2012

    - Traction Machinery Segmentation

    - Gear and Gearless Types

    - Machine Room less (MRL) and MR Type

    - By Door Types (Auto Door, Collapsible Manual Door)

    - By Types of Carriage (Passenger Lifts and Freight Lifts)

    - By Speed in meters per second

3. China Escalator and Moving Walks Market Introduction

- Market Size

    - By New Equipment Installation, 2007-2012

    - By Revenue

    - By Maintenance and Modernization, 2007-2012

- Market Segmentation    

    - By Regional Demand

    - By End Usage (Mall, Public Infrastructure, offices and other commercial complexes, hotels)

4. Trends & Developments

    - Advent of Smart Elevator Technology

    - Focus on High Speed Elevators

    - Focus on Green Elevators

    - Increased Migration to Urban Areas

    - Stress on Attractive designs

    - Increasing Role of Service Personnel

5. Future Outlook & Projections

    - China Elevator Market Future Outlook and Projections

        - By New Installations and Revenue, 2013-2017

        - By Maintenance and Modernization, 2013-2017

    - China Escalator Market Future Outlook and Projections    

        - By New Installations and Revenue, 2013-2017

        - By Maintenance and Modernization, 2013-2017

6. Market share of the Major Players in India Elevator and Escalator Market

    - GiantKONE

    - Shangai Mitsubushi

    - Otis Elevators

    - Hitachi

    - Schindler

    - ThyssenKrupp

    - Shanghai Yungtay

Browse full report:

http://www.kenresearch.com/mining-construction-infrastructure/construction-industry/china-elevator-escalator-market-research-report/421-97.html

Similar Report on Construction Industry:

India Elevator and Escalator Industry Outlook to 2018 - Government Spending on Infrastructure to Steer Growth

Global Elevators and Escalators Market Outlook to 2016 - Rising Expansion in Asia Pacific Region

Asia Pacific Construction Machinery Market Outlook to 2016 - China Leading the Industry Growth

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

SOURCE Ken Research



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