United States Elevators and Escalators Market 2015-2019 Key Vendors are KONE, Mitsubishi Electric, Otis Elevator, Schindler & ThyssenKrupp Elevator Americas

Nov 13, 2015, 12:10 ET from Research and Markets

DUBLIN, Nov. 13, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/3kgwkf/elevators_and) has announced the addition of the "Elevators and Escalators Market in the US 2015-2019" report to their offering.

This report includes the present scenario and growth prospects of the elevator and escalator market in the US for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the country during the forecast period. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in the US. It also outlines the challenges faced by the vendors and the market at large, and highlights the key trends in the market.

Because of the advantages of MRL lifts, not only in terms safety but also in general, manufacturers in the US have gradually started to increase their production. The major advantages of these elevators are that there is no need for additional space or an operator. Further, since they are gearless, fewer mechanical parts are installed, leading to lower power consumption and maintenance costs. The gear system is replaced with a roller-shoe suspension, which enables a smooth ride and landing.

According to the report, age is a major factor that influences the use of elevators and escalators. There has been a decrease in the mortality rate since 2001, leading to a considerable increase in the aging population of US. In 2014, approximately $40 billion was invested by the US government in healthcare infrastructure and facilities.

Further, the report states that steel, copper, and aluminum form the basic raw materials for the manufacture of elevator and escalator parts. The demand for elevators and escalators is expected to be moderate during the forecast period.

Key customer segments

  • Commercial customers
  • Non-commercial customers

Key vendors

  • Mitsubishi Electric US
  • Otis Elevator
  • Schindler US
  • ThyssenKrupp Elevator Americas

Other prominent vendors

  • American Crescent Elevator
  • Excel Elevator and Escalator
  • Fujitec America
  • GEDA

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Industry overview

Part 06: Market landscape

Part 07: Elevator and escalator market in the US

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

For more information visit


Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net


SOURCE Research and Markets