Elevator and Escalator Market Growth Driven by Smart Elevators as Urbanization Spurs in Emerging Economies

Jul 27, 2016, 02:00 ET from Market Reports Online

PUNE, India, July 27, 2016 /PRNewswire/ --

The elevator market and escalator industry comprises three main segments namely new equipment, modernization and maintenance. In the supply chain of elevator & escalator market, there are Tier 1 and Tier 2 suppliers who supply the inputs to the manufacturers, which reach the final installation base through various distribution channels.

Complete report on Elevator & Escalator market spread across 58 pages providing 4 company profiles and 59 charts is now available at http://www.marketreportsonline.com/493302.html.

Smart Elevators are innovative systems that allow vertical transportation of goods or passengers in an automated framework. Smart elevators are designed to modify the simple act of traveling between floors. Elevator is a type of vertical transport equipment that efficiently moves people or goods between floors or levels of a building, vessel or any other structure. There are mainly two types of elevators namely hydraulic elevators and electric elevators. Escalator is a moving staircase or a conveyor transport device for carrying people between floors of a building. The device consists of a motor driven chain of individual linked steps that move up or down on tracks, allowing the step treads to remain horizontal.

Company Coverage of Elevator & Escalator Market: United Technologies Corporation, Kone Corporation, Schindler Holding & ThyssenKrupp AG. The key factors which are anticipated to drive this elevator and escalator market include growing urbanization, increased old-age population, growing construction spending in emerging markets. Some of the noteworthy trends of this industry include high demand for energy-efficient elevators and verticalization of cities. However, the growth of respective industry is challenged by price competition and stringent safety norms.

The report provides a comprehensive study of global elevator and escalator market and also major regional markets. Furthermore, market dynamics such as key trends and development; and challenges are analyzed in depth. The global elevator and escalator industry is highly competitive consisting of several large enterprises including the United Technologies Corporation, Kone Corporation, Thyssenkrupp and Schindler Holdings Ltd. The competitive landscape of the respective market, along with the company profiles of the leading players are also discussed in detail.

Purchase a Copy of this "Global Elevator & Escalator Market with Focus on Smart Elevators" research report at http://www.marketreportsonline.com/contacts/purchase.php?name=493302.

Few Points from List of Charts Provided in Elevator and Escalator (E&E) Market: 

Life Cycle of the E&E Market Equipment

Supply Chain Analysis

Value Chain Analysis

Global E&E Market Revenue - Actuals (2011-2015)

Global E&E Market Revenue - Forecast (2016-2020)

Global E&E Market by Region (2015)

Global E&E Market by Segments (2015)

Global E&E Maintenance Revenue - Forecast (2015-2020)

Global E&E New Equipment Revenue - Forecast (2015-2020)

Global E&E Modernization Revenue - Forecast (2015-2020)

Global E&E New Equipment Installation Volume - Actuals (2011-2015)

Global E&E New Equipment Installation Volume - Forecast (2016-2020)

Global E&E Installed Base Volume - Actuals (2011-2015)

Global E&E Installed Base Volume - Forecast (2016-2020)

Asia-Pacific E&E Market by Value - Forecast (2015-2020)

Asia-Pacific E&E Market by Category (2015)

China E&E Installed Base Volume - Actuals (2011-2015)

China E&E Installed Base Volume - Forecast (2016-2020)

Browse More Related Reports on Elevator and Escalator Market: 

Global Elevator and Escalator Market Report (http://www.marketreportsonline.com/421863.html) The global elevator and escalator (E&E) market comprises three main segments: New equipment, Modernization and Maintenance. Globally, half of the people are migrating from rural areas to urban areas, with rapid urbanization in emerging nations like China, India, and Middle East the demand for new equipment will surge in the years to come. In mature markets like US and Europe, cities and buildings are growing older and hence needs to be upgraded or modernized. Modernization is in itself a complex process but ensures safety and accessibility.

Elevator and Escalator Market in India (http://www.marketreportsonline.com/401521.html) this latest market research report titled Elevator and Escalator Market in India captures the overall domestic elevator and escalator market. The elevator market can be classified on the basis of hoist mechanism, building height, special uses and end-user sector. Globally, the industry is expected to grow at a steady pace due to the rising demand from emerging countries, especially India and China. Indian elevator and escalator market is also registering steady growth. Increased real estate activity along with rising disposable income stimulates the demand for elevators and escalators.

Explore more manufacturing & construction market research as well as other newly published reports by Koncept Analytics at http://www.marketreportsonline.com/publisher/koncept-analytics-market-research.html.

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