Australia Elevator and Escalator Market 2018-2022 - High Demand for Smart Elevators and Escalators

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Aug 28, 2018, 18:30 ET

DUBLIN, Aug 28, 2018 /PRNewswire/ --

The "Elevator and Escalator Market in Australia 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The elevator and escalator market in Australia to grow at a CAGR of 4.00% during the period 2018-2022.

Elevator and Escalator Market in Australia 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the increased demand for residential elevators. Owing to the rapid urbanization in Australia, the demand for elevators in the residential suburbs in the country is increasing.

According to the report, one of the major drivers for this market is the increasing urbanization. Australia has seen a gradual increase in urbanization because of increased population and the growing demand for advanced and well-structured buildings.

Further, the report states that one of the major factors hindering the growth of this market is the increased cost of compliance with stringent regulations. The high cost of compliance with various rules and regulations associated with the design and installation of new elevators and escalators along with the various regulations associated could lead to the hindrance of market's growth.

Key questions answered in this report

What will the market size be in 2022 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?

Key vendors

KONE
Schindler
Shotton Group
thyssenkrupp
United Technologies (Otis Elevator)

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 07: MARKET SEGMENTATION BY SERVICES

Segmentation by services
Comparison by services
Elevator and escalator market in Australia by new installations - Market size and forecast 2017-2022
Elevator and escalator market in Australia by maintenance - Market size and forecast 2017-2022
Elevator and escalator market in Australia by modernization - Market size and forecast 2017-2022
Market opportunity by services

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY PRODUCT

Segmentation by product
Comparison by product
Elevator market in Australia - Market size and forecast 2017-2022
Escalator market in Australia - Market size and forecast 2017-2022
Market opportunity by product

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 12: MARKET TRENDS

High demand for smart elevators and escalators
Increased demand for residential elevators
Increasing adoption of predictive maintenance

PART 13: VENDOR LANDSCAPE

Overview
Landscape disruption

PART 14: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
KONE
Schindler
Shotton Group
thyssenkrupp
United Technologies (Otis Elevator)

PART 15: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/qd76nh/australia?w=5

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