Market Research Reports and Industry Reports

Elevators and Escalators Market by Type (Elevators, Escalators & Moving walkways), Service (New installation, Maintenance & Repair & Modernization), Elevator Technology (Traction, Machine room-Less & Hydraulic), & End-use Sector - Global Forecast to 2021

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“Increasing demand by the residential industry to drive the elevators & escalators market”
 MarketsandMarkets projects that the elevators & escalators market size will grow from USD 88.78 billion in 2015 to USD 125.22 billion by 2021, at a CAGR of 6.01%. The demand for the market is supported by the increasing demand in Asia-Pacific and wide application in diverse end-use industries.
 
 “The machine room-less (MRL) technology to gain maximum growth during the forecast period”
 

 The machine room-less (MRL) technology is projected to be the fastest-growing segment in the next five years. The machine room-less elevator technology is a relatively new technology and is the result of technological advancements. This technology has resulted in a significant reduction in the size of the electric motors that is used with traction equipment. This design is being adopted by buildings across the world and is becoming the standard product. There are several benefits attached to the machine room-less elevators; they save a significant amount of energy (estimated at 70-80%) as compared to hydraulic elevators and eliminate the cost and environmental concerns that are usually associated with a buried hydraulic cylinder filled with hydraulic oil.
 
 
 “Asia-Pacific region is set to witness healthy growth during the forecast period”

 
 The Asia-Pacific market is projected to be the fastest-growing market during the forecast period. It is also projected to have the largest market share due to the increasing commercial and residential spaces in the region. The markets of China and India are projected to be lucrative due to their rising middle-class population and varied application of the elevators, escalators, and moving walkways in several end-use industries.
 
 Breakdown of Primaries
 Primary interviews were conducted with a number of industry experts, in order to collect data related to different aspects of the elevators & escalators market. Estimates reached after analyzing secondary sources were validated through these interviews. Primary sources included professionals such as equipment manufacturers, distributors, consultants, and academic professionals. The distribution of primary interviews is as follows:
 By Company Type: Tier 1 –35%, Tier 2 – 30%, and Tier 3 – 35%
 By Designation: C-level – 65% and Manager level – 35%
 By Region: North America – 30%, Europe – 30%, Asia-Pacific – 20%, and RoW – 20%
 
 Note: The tier of the companies is defined on the basis of their total revenue, as of 2013.
 Tier 1: Revenue > USD 10 billion; Tier 2: USD 1 billion > Revenue > USD 10 billion; Tier 3: Revenue < USD 1 billion
 
 The various key elevators & escalators providers profiled in the report are as follows:
 1. KONE Corporation (Finland)
 2. United Technologies (U.S.)
 3. Schindler (Switzerland)
 4. Mitsubishi Electric Corporation (Japan)
 5. ThyssenKrupp AG (Germany)
 6. FUJITEC (Japan)
 7. Hitachi Ltd. (Japan)
 8. Hyundai Elevator Co., Ltd. (South Korea)
 9. Toshiba Corporation (Japan)
 10. Electra Ltd. (Israel)
 
 The report will help the market leaders/new entrants in this market in the following ways:
 1. This report segments the elevators & escalators market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the sub-segments across the different verticals and regions.
 2. The report helps stakeholders to understand the market and provides them information on key market drivers, restraints, challenges, and opportunities.
 3. This report will help stakeholders to better understand their competitors and gain more insights into their position in the business. The competitive landscape section includes the competitor ecosystem, contracts, agreements, expansions, acquisitions, joint ventures, strategic alliances, new product developments, and innovations.

 1 INTRODUCTION 25
 1.1 OBJECTIVES OF THE STUDY 25
 1.2 MARKET DEFINITION 25
 1.3 MARKET SCOPE 26
 1.3.1 MARKETS COVERED 26
 1.3.2 PERIODIZATION CONSIDERED FOR THE ELEVATORS& ESCALATORS MARKET 27
 1.4 CURRENCY CONSIDERED FOR THE ELEVATORS & ESCALATORS MARKET 27
 1.5 UNIT CONSIDERED FOR THE ELEVATORS & ESCALATORS MARKET 27
 1.6 STAKEHOLDERS 27
 1.7 LIMITATIONS 28
 
 2 RESEARCH METHODOLOGY 29
 2.1 RESEARCH DATA 29
 2.1.1 SECONDARY DATA 30
 2.1.1.1 Key data from secondary sources 30
 2.1.2 PRIMARY DATA 30
 2.1.2.1 Key Data from Primary Sources 31
 2.1.2.2 Key Industry Insights 31
 2.1.2.2.1 Breakdown of primaries, by company type, designation, and region 31
 2.2 MARKET SIZE ESTIMATION 32
 2.3 MARKET BREAKDOWN & DATA TRIANGULATION 34
 2.4 MARKET SHARE ESTIMATION 35
 2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 35
 2.5.1 ASSUMPTIONS 35
 2.5.2 ASSUMPTIONS MADE FOR THIS STUDY 35
 2.5.3 LIMITATIONS 36
 
 3 EXECUTIVE SUMMARY 37
 3.1 INCREASE IN NUMBER OF HIGH-RISE BUILDINGS TO DRIVE THE GROWTH OF ELEVATORS & ESCALATORS MARKET 37
 
 4 PREMIUM INSIGHTS 41
 4.1 ATTRACTIVE OPPORTUNITIES IN THE ELEVATORS & ESCALATORS MARKET 41
 4.2 ELEVATORS & ESCALATORS MARKET 42
 4.3 ELEVATORS & ESCALATORS MARKET, BY REGION 43
 4.4 ELEVATORS & ESCALATORS MARKET, BY SERVICE 44
 4.5 ELEVATORS & ESCALATORS MARKET IN EMERGING & DEVELOPED ECONOMIES 45
 4.6 ELEVATORS & ESCALATORS MARKET, BY TYPE (VOLUME) 46
 4.7 ELEVATORS & ESCALATORS LIFE CYCLE, BY REGION, 2016–2021 46
 
 5 MARKET OVERVIEW 47
 5.1 INTRODUCTION 47
 5.2 EVOLUTION 47
 5.3 ELEVATORS & ESCALATORS MARKET SEGMENTATION 48
 5.4 MARKET DYNAMICS 48
 5.4.1 DRIVERS 49
 5.4.1.1 Rapid urbanization 49
 5.4.1.2 Improvements in construction industry 51
 5.4.1.3 Changing demographic trends 51
 5.4.2 RESTRAINTS 52
 5.4.2.1 Uncertainty and risk around global economy 52
 5.4.2.2 High maintenance costs 53
 5.4.3 OPPORTUNITIES 53
 5.4.3.1 Adoption of green building codes and energy-efficient products 53
 5.4.3.2 Development of innovative technologies and rising demand for smart elevators 54
 5.4.4 CHALLENGES 54
 5.4.4.1 Compliance with standards and regulations 54
 
 6 ELEVATORS & ESCALATORS MARKET, BY TYPE 55
 6.1 INTRODUCTION 56
 6.2 ELEVATORS 57
 6.2.1 PASSENGER ELEVATOR 57
 6.2.1.1 Bed elevator 58
 6.2.1.2 Service elevator 58
 6.2.1.3 Observation elevator 58
 6.2.1.4 Residential elevator 58
 6.2.2 FREIGHT ELEVATOR 58
 6.2.2.1 Dumbwaiters 59
 6.2.2.2 Vehicle elevators 59
 6.2.3 OTHERS 59
 6.2.4 ELEVATORS MARKET, BY TYPE 60
 6.2.4.1 Passenger elevators projected to grow at the highest CAGR from 2016 to 2021 60
 6.2.5 ELEVATORS MARKET, BY SERVICE 61
 6.2.5.1 New installation to grow at the highest rate during the forecast period 61
 6.2.6 ELEVATORS MARKET, BY END-USE SECTOR 62
 6.2.6.1 Residential segment dominated the elevators market in 2015 62
 6.3 ESCALATORS 63
 6.3.1 ESCALATORS MARKET, BY SERVICE 63
 6.3.1.1 Maintenance & repair to grow at the second-highest rate from 2016 to 2021 63
 6.3.2 ESCALATORS MARKET, BY END-USE SECTOR 64
 6.3.2.1 Escalators are widely used in the commercial sector 64
 6.4 MOVING WALKWAYS 65
 6.4.1 MOVING WALKWAYS MARKET, BY SERVICE 65
 6.4.1.1 Maintenance & repair to grow at the highest rate during the forecast period 65
 6.4.2 MOVING WALKWAYS MARKET, BY END-USE SECTOR 66
 6.4.2.1 Infrastructural sector to grow at the second-highest CAGR from
 2016 to 2021 66
 
 7 ELEVATORS & ESCALATORS MARKET, BY SERVICE 67
 7.1 INTRODUCTION 68
 7.1.1 ELEVATORS & ESCALATORS MARKET, BY SERVICE 68
 7.1.1.1 New installation is projected to grow at the highest CAGR from
 2016 to 2021 68
 7.2 NEW INSTALLATION 69
 7.3 MAINTENANCE & REPAIR 69
 7.4 MODERNIZATION 70
 
 8 ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 71
 8.1 INTRODUCTION 72
 8.1.1 ELEVATOR MARKET, BY TYPE 72
 8.1.1.1 MRL traction is projected to grow at the highest CAGR from
 2016 to 2021 72
 8.2 TRACTION 73
 8.3 MACHINE ROOM-LESS (MRL) TRACTION 73
 8.4 HYDRAULIC 74
 
 9 ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 75
 9.1 INTRODUCTION 76
 9.1.1 ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 77
 9.1.1.1 The residential segment is projected to grow at the highest CAGR from 2016 to 2021 77
 9.2 RESIDENTIAL SECTOR 78
 9.3 COMMERCIAL SECTOR 78
 9.4 INSTITUTIONAL SECTOR 78
 9.5 INFRASTRUCTURAL SECTOR 78
 9.6 OTHERS 79
 
 10 ELEVATORS & ESCALATORS MARKET, BY REGION 80

 10.1 INTRODUCTION 81
 10.2 NORTH AMERICA 82
 10.2.1 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 84
 10.2.1.1 U.S. dominated the elevators & escalators market in the North American region in 2015 84
 10.2.2 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY TYPE 85
 10.2.2.1 Elevators projected to be the fastest-growing segment in North America 85
 10.2.3 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY SERVICE 86
 10.2.3.1 Modernization segment dominated the North American elevators & escalators market in 2015 86
 10.2.4 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 87
 10.2.4.1 MRL traction technology projected to be the fastest-growing segment from 2016 to 2021 87
 10.2.5 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 88
 10.2.5.1 Residential sector projected to be the fastest-growing segment 88
 10.2.6 U.S. 89
 10.2.7 U.S.: ELEVATORS & ESCALATORS MARKET, BY TYPE 89
 10.2.7.1 Elevators projected to be the fastest-growing segment 89
 10.2.8 U.S.: ELEVATORS & ESCALATORS MARKET, BY SERVICE 90
 10.2.8.1 Modernization dominated the U.S. market in 2015 90
 10.2.9 U.S.: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 91
 10.2.9.1 MRL traction technology projected to be the fastest-growing segment in U.S. 91
 10.2.10 U.S.: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 92
 10.2.10.1 Residential segment dominated the U.S. elevators & escalators market in 2015 92
 10.2.11 CANADA 93
 10.2.12 CANADA: ELEVATORS & ESCALATORS MARKET, BY TYPE 93
 10.2.12.1 Elevators projected to be the fastest-growing segment 93
 10.2.13 CANADA: ELEVATORS & ESCALATORS MARKET, BY SERVICE 94
 10.2.13.1 Maintenance & repair dominated the Canadian market in 2015 94
 10.2.14 CANADA: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 95
 10.2.14.1 MRL traction elevator technology projected to be the fastest-growing segment in Canada 95
 10.2.15 CANADA: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 96
 10.2.15.1 Residential segment dominated the Canadian elevators & escalators market in 2015 96
 10.2.16 MEXICO 97
 10.2.17 MEXICO: ELEVATORS & ESCALATORS MARKET, BY TYPE 97
 10.2.17.1 Elevators projected to be the fastest-growing segment 97
 10.2.18 MEXICO: ELEVATORS & ESCALATORS MARKET, BY SERVICE 98
 10.2.18.1 Maintenance & repair segment dominated the Mexican market in 2015 98
 10.2.19 MEXICO: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 99
 10.2.19.1 Traction elevator technology dominated the elevators & escalators market in 2015 in Mexico 99
 10.2.20 MEXICO: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 100
 10.2.20.1 Residential segment dominated the Mexican elevators & escalators market in 2015 100
 10.3 EUROPE 101
 10.3.1 EUROPE: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 103
 10.3.1.1 Germany is projected to be the fastest-growing elevators & escalators market in Europe from 2016 to 2021 103
 10.3.2 EUROPE: ELEVATORS & ESCALATORS MARKET, BY TYPE 104
 10.3.2.1 Elevators projected to be the fastest-growing type segment 104
 10.3.3 EUROPE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 105
 10.3.3.1 Modernization segment dominated the European market in 2015 105
 10.3.4 EUROPE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 106
 10.3.4.1 MRL traction technology projected to be the fastest-growing segment in Europe 106
 10.3.5 EUROPE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 107
 10.3.5.1 Residential segment dominated the European elevators & escalators market in 2015 107
 10.3.6 GERMANY 108
 10.3.7 GERMANY: ELEVATORS & ESCALATORS MARKET, BY TYPE 108
 10.3.7.1 Escalators is projected to be the second-fastest-growing type segment 108
 10.3.8 GERMANY: ELEVATORS & ESCALATORS MARKET, BY SERVICE 109
 10.3.8.1 Maintenance & repair segment dominated the German market in 2015 109
 10.3.9 GERMANY: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 110
 10.3.9.1 MRL traction technology projected to be the fastest-growing segment in Germany 110
 10.3.10 GERMANY: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 111
 10.3.10.1 Residential segment dominated the German elevators & escalators market in 2015 111
 10.3.11 FRANCE 112
 10.3.12 FRANCE: ELEVATORS & ESCALATORS MARKET, BY TYPE 112
 10.3.12.1 Elevators projected to be the fastest-growing type segment 112
 10.3.13 FRANCE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 113
 10.3.13.1 Maintenance & repair projected to be the fastest-growing service segment 113
 10.3.14 FRANCE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 114
 10.3.14.1 MRL traction technology projected to be the fastest-growing segment in France 114
 10.3.15 FRANCE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 115
 10.3.15.1 Residential segment dominated the French elevators & escalators market in 2015 115
 10.3.16 U.K. 116
 10.3.17 U.K.: ELEVATORS & ESCALATORS MARKET, BY TYPE 116
 10.3.17.1 Elevators segment projected to be the fastest-growing type segment 116
 10.3.18 U.K.: ELEVATORS & ESCALATORS MARKET, BY SERVICE 117
 10.3.18.1 Modernization segment dominated the U.K. market in 2015 117
 10.3.19 U.K.: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 118
 10.3.19.1 MRL traction technology projected to be the fastest-growing segment in the U.K. 118
 10.3.20 U.K.: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 119
 10.3.20.1 Commercial was the second-largest end-use segment in the U.K. elevators & escalators market in 2015 119
 10.3.21 SPAIN 120
 10.3.22 SPAIN: ELEVATORS & ESCALATORS MARKET, BY TYPE 120
 10.3.22.1 Escalators projected to be the second-fastest-growing segment 120
 10.3.23 SPAIN: ELEVATORS & ESCALATORS MARKET, BY SERVICE 121
 10.3.23.1 Maintenance & repair segment dominated the Spain market in 2015 121
 10.3.24 SPAIN: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 122
 10.3.24.1 MRL traction technology projected to be the fastest-growing segment in Spain 122
 10.3.25 SPAIN: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 123
 10.3.25.1 Residential segment dominated the Spanish elevators & escalators market in 2015 123
 10.3.26 ITALY 124
 10.3.27 ITALY: ELEVATORS & ESCALATORS MARKET, BY TYPE 124
 10.3.27.1 Elevators projected to be the fastest-growing segment 124
 10.3.28 ITALY: ELEVATORS & ESCALATORS MARKET, BY SERVICE 125
 10.3.28.1 Maintenance & repair dominated the Italian market in 2015 125
 10.3.29 ITALY: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 126
 10.3.29.1 MRL traction technology projected to be the fastest-growing segment in Italy 126
 10.3.30 ITALY: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 127
 10.3.30.1 Residential segment dominated the Italian elevators & escalators market in 2015 127
 10.3.31 REST OF EUROPE 128
 10.3.32 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY TYPE 128
 10.3.32.1 Elevators projected to be the fastest-growing segment 128
 10.3.33 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 129
 10.3.33.1 Modernization dominated the Rest of Europe in 2015 129
 10.3.34 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 130
 10.3.34.1 MRL traction technology projected to be the fastest-growing segment in the Rest of Europe 130
 10.3.35 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 131
 10.3.35.1 Residential segment dominated the Rest of European elevators & escalators market in 2015 131
 10.4 ASIA-PACIFIC 132
 10.4.1 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 134
 10.4.1.1 China is projected to be the fastest-growing elevators & escalators market in Asia-Pacific from 2016 to 2021 134
 10.4.2 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY TYPE 135
 10.4.2.1 Elevators is projected to be the fastest-growing type segment 135
 10.4.3 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE 136
 10.4.3.1 Modernization segment dominated the Asia-Pacific market in 2015 136
 10.4.4 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 137
 10.4.4.1 MRL traction technology projected to be the fastest-growing segment in Asia-Pacific 137
 10.4.5 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR 138
 10.4.5.1 Residential segment dominated the Asia-Pacific elevators & escalators market in 2015 138
 10.4.6 CHINA 139
 10.4.6.1 China: elevators & escalators market, by type 139
 10.4.6.1.1 Elevators projected to be the fastest-growing type segment 139
 10.4.6.2 China: Elevators & escalators market, by service 140
 10.4.6.2.1 New installation segment dominated the market in 2015 140
 10.4.6.3 China: Elevators & escalators market, by elevator technology 141
 10.4.6.3.1 MRL traction technology projected to be the fastest-growing segment in China 141
 10.4.6.4 China: Elevators & escalators market, by End-use Sector 142
 10.4.6.4.1 Residential segment dominated the elevators & escalators market in 2015 in China 142
 10.4.7 INDIA 143
 10.4.7.1 India: elevators & escalators market, by type 143
 10.4.7.1.1 Elevators projected to be the fastest-growing type segment 143
 10.4.7.2 India: Elevators & escalators market, by service 144
 10.4.7.2.1 Maintenance & repair segment dominated the Indian market in 2015 144
 10.4.7.3 India: Elevators & escalators market, by elevator technology 145
 10.4.7.3.1 MRL traction technology projected to be the fastest-growing segment in India 145
 10.4.7.4 India: Elevators & escalators market, by End-use Sector 146
 10.4.7.4.1 Residential segment dominated the Indian elevators & escalators market in 2015 146
 10.4.8 JAPAN 147
 10.4.8.1 Japan: elevators & escalators market, by type 147
 10.4.8.1.1 Elevators projected to be the fastest-growing type segment 147
 10.4.8.2 Japan: Elevators & escalators market, by service 148
 10.4.8.2.1 Maintenance & repair segment projected to grow at the highest rate from 2016 to 2021 148
 10.4.8.3 Japan: Elevators & escalators market, by elevator technology 149
 10.4.8.3.1 MRL traction technology projected to be the fastest-growing segment in Japan 149
 10.4.8.4 Japan: Elevators & escalators market, by End-use Sector 150
 10.4.8.4.1 Residential segment dominated the Japanese elevators & escalators market in 2015 150
 10.4.9 SOUTH KOREA 151
 10.4.9.1 South Korea: elevators & escalators market, by type 151
 10.4.9.1.1 Elevators projected to be the fastest-growing type segment 151
 10.4.9.2 South Korea: Elevators & escalators market, by service 152
 10.4.9.2.1 Maintenance & repair segment dominated the South Korean market in 2015 152
 10.4.9.3 South Korea: Elevators & escalators market, by elevator technology 153
 10.4.9.3.1 MRL traction technology projected to be the fastest-growing segment in South Korea 153
 10.4.9.4 South Korea: Elevators & escalators market, by End-use Sector 154
 10.4.9.4.1 Residential segment dominated the South Korean elevators & escalators market in 2015 154
 10.4.10 REST OF ASIA-PACIFIC 155
 10.4.10.1 Rest of Asia-Pacific: elevators & escalators market, by type 155
 10.4.10.1.1 Elevators projected to be the fastest-growing type segment 155
 10.4.10.2 Rest of Asia-Pacific: Elevators & escalators market, by service 156
 10.4.10.2.1 Modernization segment dominated the Rest of Asia-Pacific market in 2015 156
 10.4.10.3 Rest of Asia-Pacific: Elevators & escalators market, by elevator technology 157
 10.4.10.3.1 MRL traction technology projected to be the fastest-growing segment in Rest of Asia-Pacific 157
 10.4.10.4 Rest of Asia-Pacific: Elevators & escalators market, by End-use Sector 158
 10.4.10.4.1 Residential segment dominated the Rest of Asia-Pacific elevators & escalators market in 2015 158
 10.5 REST OF THE WORLD (ROW) 159
 10.5.1 ROW: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 160
 10.5.1.1 UAE is projected to be the fastest-growing elevators & escalators market in RoW from 2016 to 2021 160
 10.5.2 ROW: ELEVATORS & ESCALATORS MARKET, BY TYPE 161
 10.5.2.1 Elevators projected to be the fastest-growing segment 161
 10.5.3 ROW: ELEVATORS & ESCALATORS MARKET, BY SERVICE 162
 10.5.3.1 Modernization dominated the RoW market in 2015 162
 10.5.4 ROW: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 163
 10.5.4.1 MRL traction technology projected to be the fastest-growing segment in RoW 163
 10.5.5 ROW: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 164
 10.5.5.1 Residential segment dominated the RoW elevators & escalators market in 2015 164
 10.5.6 UAE 165
 10.5.6.1 UAE: elevators & escalators market, by type 165
 10.5.6.1.1 Elevator projected to be the fastest-growing segment 165
 10.5.6.2 UAE: ELEVATORS & ESCALATORS market, by service 166
 10.5.6.2.1 Maintenance & repair segment dominated the UAE market in 2015 166
 10.5.6.3 UAE: ELEVATORS & ESCALATORS market, by elevator technology 167
 10.5.6.3.1 MRL traction technology projected to be the fastest-growing segment in the UAE 167
 10.5.6.4 UAE: ELEVATORS & ESCALATORS market, by end-use sector 168
 10.5.6.4.1 Residential segment dominated the UAE elevators & escalators market in 2015 168
 10.5.7 SAUDI ARABIA 169
 10.5.7.1 Saudi Arabia: elevators & escalators market, by type 169
 10.5.7.1.1 Elevators projected to be the fastest-growing segment 169
 10.5.7.2 Saudi Arabia: ELEVATORS & ESCALATORS market, by service 170
 10.5.7.2.1 Maintenance & repair segment dominated the Saudi Arabian market in 2015 170
 10.5.7.3 Saudi Arabia: ELEVATORS & ESCALATORS market, by elevator technology 171
 10.5.7.3.1 MRL traction technology projected to be the fastest-growing segment in Saudi Arabia 171
 10.5.7.4 Saudi Arabia: ELEVATORS & ESCALATORS market, by end-use sector 172
 10.5.7.4.1 Residential segment dominated the Saudi Arabian elevators & escalators market in 2015 172
 10.5.8 BRAZIL 173
 10.5.8.1 Brazil: elevators & escalators market, by type 173
 10.5.8.1.1 Elevators projected to be the fastest-growing segment 173
 10.5.8.2 Brazil: ELEVATORS & ESCALATORS market, by service 174
 10.5.8.2.1 Modernization dominated the Brazilian market in 2015 174
 10.5.8.3 Brazil: ELEVATORS & ESCALATORS market, by elevator technology 175
 10.5.8.3.1 MRL traction technology projected to be the fastest-growing segment in Brazil 175
 10.5.8.4 Brazil: ELEVATORS & ESCALATORS market, by end-use sector 176
 10.5.8.4.1 Residential segment dominated the Brazilian elevators & escalators market in 2015 176
 10.6 OTHERS IN ROW 177
 10.6.1 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY TYPE 177
 10.6.1.1 Elevators projected to be the fastest-growing segment 177
 10.6.2 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY SERVICE 178
 10.6.2.1 Maintenance & repair segment dominated the market in 2015 178
 10.6.3 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 179
 10.6.3.1 MRL traction technology projected to be the fastest-growing segment 179
 10.6.4 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 180
 10.6.4.1 Residential segment dominated the Others in RoW elevators & escalators market in 2015 180
 
 11 COMPETITIVE LANDSCAPE 181
 11.1 INTRODUCTION 181
 11.2 COMPETITIVE SITUATIONS & TRENDS 182
 11.2.1 CONTRACTS & AGREEMENTS 183
 11.2.2 EXPANSIONS, ACQUISITIONS, JOINT VENTURES & STRATEGIC ALLIANCES 184
 11.2.3 NEW PRODUCT DEVELOPMENT & INNOVATION 185
 
 12 COMPANY PROFILES 186

 (Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
 12.1 INTRODUCTION 186
 12.2 KONE CORPORATION 187
 12.3 UNITED TECHNOLOGIES 190
 12.4 SCHINDLER HOLDING LTD. 193
 12.5 MITSUBISHI ELECTRIC CORPORATION 197
 12.6 THYSSENKRUPP AG 200
 12.7 FUJITEC CO., LTD. 203
 12.8 HITACHI LTD. 205
 12.9 HYUNDAI ELEVATOR CO., LTD. 207
 12.10 TOSHIBA CORPORATION 209
 12.11 ELECTRA LTD. 211
 *Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
 
 13 APPENDIX 212

 13.1 INSIGHTS OF INDUSTRY EXPERTS 212
 13.2 DISCUSSION GUIDE 213
 13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 216
 13.4 COMPANY DEVELOPMENTS 218
 13.4.1 CONTRACTS & AGREEMENTS, 2015-2016 218
 13.4.2 EXPANSIONS, ACQUISITIONS, JOINT VENTURES & STRATEGIC ALLIANCES, 2015-2016 226
 13.4.3 NEW PRODUCT DEVELOPMENT & INNOVATION, 2015-2016 226
 13.5 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 227
 13.6 AVAILABLE CUSTOMIZATIONS 227
 13.7 RELATED REPORTS 228


List Of Tables

TABLE 1 ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE, 2014–2021 (USD BILLION) 56
 TABLE 2 ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014–2021 (THOUSAND UNITS) 57
 TABLE 3 ELEVATORS MARKET SIZE, BY TYPE, 2014–2021 (USD BILLION) 60
 TABLE 4 ELEVATORS MARKET SIZE, BY TYPE, 2014–2021 (THOUSAND UNITS) 60
 TABLE 5 ELEVATORS MARKET SIZE, BY SERVICE, 2014–2021 (USD BILLION) 61
 TABLE 6 ELEVATORS MARKET SIZE, BY SERVICE, 2014–2021 (THOUSAND UNITS) 61
 TABLE 7 ELEVATORS MARKET SIZE, BY END-USE SECTOR, 2014–2021 (USD BILLION) 62
 TABLE 8 ELEVATORS MARKET SIZE, BY END-USE SECTOR, 2014–2021 (THOUSAND UNITS) 62
 TABLE 9 ESCALATORS MARKET SIZE, BY SERVICE, 2014–2021 (USD BILLION) 63
 TABLE 10 ESCALATORS MARKET SIZE, BY SERVICE, 2014–2021 (THOUSAND UNITS) 63
 TABLE 11 ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014–2021 (USD BILLION) 64
 TABLE 12 ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014–2021 (THOUSAND UNITS) 64
 TABLE 13 MOVING WALKWAYS MARKET SIZE, BY SERVICE, 2014–2021 (USD BILLION) 65
 TABLE 14 MOVING WALKWAYS MARKET SIZE, BY SERVICE, 2014–2021 (THOUSAND UNITS) 65
 TABLE 15 MOVING WALKWAYS MARKET SIZE, BY END-USE SECTOR,
 2014–2021 (USD BILLION) 66
 TABLE 16 MOVING WALKWAYS MARKET SIZE, BY END-USE SECTOR,
 2014–2021 (THOUSAND UNITS) 66
 TABLE 17 ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014–2021 (USD BILLION) 68
 TABLE 18 ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014–2021 (THOUSAND UNITS) 69
 TABLE 19 ELEVATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY,
 2014–2021 (USD BILLION) 72
 TABLE 20 ELEVATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY,
 2014–2021 (THOUSAND UNITS) 73
 TABLE 21 ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014–2021 (USD BILLION) 77
 TABLE 22 ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014–2021 (THOUSAND UNITS) 77
 TABLE 23 ELEVATORS & ESCALATORS MARKET SIZE, BY REGION, 2014-2021 (USD BILLION) 81
 TABLE 24 ELEVATORS & ESCALATORS MARKET SIZE, BY REGION,
 2014-2021 (THOUSAND UNITS) 82
 TABLE 25 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (USD BILLION) 84
 TABLE 26 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (THOUSAND UNITS) 84
 TABLE 27 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 85
 TABLE 28 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 85
 TABLE 29 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 86
 TABLE 30 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 86
 TABLE 31 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 87
 TABLE 32 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 87
 TABLE 33 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 88
 TABLE 34 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 88
 TABLE 35 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 89
 TABLE 36 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 89
 TABLE 37 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 90
 TABLE 38 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 90
 TABLE 39 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 91
 TABLE 40 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 91
 TABLE 41 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 92
 TABLE 42 U.S.: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 92
 TABLE 43 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 93
 TABLE 44 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 93
 TABLE 45 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 94
 TABLE 46 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 94
 TABLE 47 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 95
 TABLE 48 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 95
 TABLE 49 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 96
 TABLE 50 CANADA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 96
 TABLE 51 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 97
 TABLE 52 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 97
 TABLE 53 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 98
 TABLE 54 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 98
 TABLE 55 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 99
 TABLE 56 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 99
 TABLE 57 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 100
 TABLE 58 MEXICO: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 100
 TABLE 59 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (USD BILLION) 103
 TABLE 60 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (THOUSAND UNITS) 103
 TABLE 61 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 104
 TABLE 62 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 104
 TABLE 63 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 105
 TABLE 64 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 105
 TABLE 65 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 106
 TABLE 66 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 106
 TABLE 67 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 107
 TABLE 68 EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 107
 TABLE 69 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 108
 TABLE 70 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 108
 TABLE 71 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 109
 TABLE 72 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 109
 TABLE 73 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 110
 TABLE 74 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 110
 TABLE 75 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 111
 TABLE 76 GERMANY: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 111
 TABLE 77 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 112
 TABLE 78 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 112
 TABLE 79 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 113
 TABLE 80 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 113
 TABLE 81 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 114
 TABLE 82 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 114
 TABLE 83 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 115
 TABLE 84 FRANCE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 115
 TABLE 85 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 116
 TABLE 86 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 116
 TABLE 87 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 117
 TABLE 88 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 117
 TABLE 89 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 118
 TABLE 90 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 118
 TABLE 91 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 119
 TABLE 92 U.K.: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 119
 TABLE 93 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 120
 TABLE 94 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 120
 TABLE 95 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 121
 TABLE 96 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 121
 TABLE 97 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 122
 TABLE 98 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 122
 TABLE 99 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 123
 TABLE 100 SPAIN: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 123
 TABLE 101 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 124
 TABLE 102 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 124
 TABLE 103 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 125
 TABLE 104 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 125
 TABLE 105 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 126
 TABLE 106 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 126
 TABLE 107 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 127
 TABLE 108 ITALY: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 127
 TABLE 109 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 128
 TABLE 110 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 128
 TABLE 111 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 129
 TABLE 112 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 129
 TABLE 113 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 130
 TABLE 114 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 130
 TABLE 115 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 131
 TABLE 116 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 131
 TABLE 117 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (USD BILLION) 134
 TABLE 118 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (THOUSAND UNITS) 134
 TABLE 119 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 135
 TABLE 120 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 135
 TABLE 121 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 136
 TABLE 122 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 136
 TABLE 123 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 137
 TABLE 124 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 137
 TABLE 125 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 138
 TABLE 126 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 138
 TABLE 127 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 139
 TABLE 128 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 139
 TABLE 129 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 140
 TABLE 130 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 140
 TABLE 131 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 141
 TABLE 132 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 141
 TABLE 133 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 142
 TABLE 134 CHINA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 142
 TABLE 135 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 143
 TABLE 136 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 143
 TABLE 137 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 144
 TABLE 138 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 144
 TABLE 139 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 145
 TABLE 140 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 145
 TABLE 141 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 146
 TABLE 142 INDIA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 146
 TABLE 143 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 147
 TABLE 144 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 147
 TABLE 145 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 148
 TABLE 146 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 148
 TABLE 147 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 149
 TABLE 148 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 149
 TABLE 149 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 150
 TABLE 150 JAPAN: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 150
 TABLE 151 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 151
 TABLE 152 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 151
 TABLE 153 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 152
 TABLE 154 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 152
 TABLE 155 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 153
 TABLE 156 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 153
 TABLE 157 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 154
 TABLE 158 SOUTH KOREA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 154
 TABLE 159 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 155
 TABLE 160 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 155
 TABLE 161 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE, 2014-2021 (USD BILLION) 156
 TABLE 162 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE, 2014-2021 (THOUSAND UNITS) 156
 TABLE 163 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 157
 TABLE 164 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 157
 TABLE 165 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 158
 TABLE 166 REST OF ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 158
 TABLE 167 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2015-2021 (USD BILLION) 160
 TABLE 168 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY COUNTRY,
 2014-2021 (THOUSAND UNITS) 160
 TABLE 169 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 161
 TABLE 170 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 161
 TABLE 171 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 162
 TABLE 172 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 162
 TABLE 173 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 163
 TABLE 174 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 163
 TABLE 175 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 164
 TABLE 176 ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 164
 TABLE 177 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 165
 TABLE 178 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 165
 TABLE 179 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 166
 TABLE 180 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 166
 TABLE 181 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 167
 TABLE 182 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 167
 TABLE 183 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 168
 TABLE 184 UAE: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 168
 TABLE 185 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 169
 TABLE 186 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 169
 TABLE 187 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 170
 TABLE 188 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 170
 TABLE 189 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 171
 TABLE 190 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 171
 TABLE 191 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 172
 TABLE 192 SAUDI ARABIA: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 172
 TABLE 193 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 173
 TABLE 194 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 173
 TABLE 195 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 174
 TABLE 196 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 174
 TABLE 197 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 175
 TABLE 198 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 175
 TABLE 199 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (USD BILLION) 176
 TABLE 200 BRAZIL: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2014-2021 (THOUSAND UNITS) 176
 TABLE 201 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (USD BILLION) 177
 TABLE 202 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY TYPE,
 2014-2021 (THOUSAND UNITS) 177
 TABLE 203 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (USD BILLION) 178
 TABLE 204 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2014-2021 (THOUSAND UNITS) 178
 TABLE 205 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (USD BILLION) 179
 TABLE 206 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY, 2014-2021 (THOUSAND UNITS) 179
 TABLE 207 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (USD BILLION) 180
 TABLE 208 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR, 2014-2021 (THOUSAND UNITS) 180
 TABLE 209 CONTRACTS & AGREEMENTS, 2015–2016 183
 TABLE 210 EXPANSIONS, ACQUISITIONS, JOINT VENTURES & STRATEGIC ALLIANCES,
 2015–2016 184
 TABLE 211 NEW PRODUCT DEVELOPMENT & INNOVATION, 2015–2016 185


List Of Figures

FIGURE 1 ELEVATORS & ESCALATORS MARKET: RESEARCH DESIGN 29
 FIGURE 2 PRIMARY ANALYSIS BREAKDOWN 32
 FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 33
 FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 33
 FIGURE 5 DATA TRIANGULATION METHODOLOGY 34
 FIGURE 6 ELEVATOR TECHNOLOGY SEGMENT SNAPSHOT (2016 VS. 2021): MRL TRACTION SEGMENT PROJECTED TO GROW AT THE HIGHEST RATE 37
 FIGURE 7 CHINA IS PROJECTED TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FOR ELEVATORS & ESCALATORS FROM 2016 TO 2021 38
 FIGURE 8 LEADING MARKET PLAYERS ADOPTED CONTRACTS & AGREEMENTS AS THE KEY STRATEGY DURING THE PERIOD 2015-2016 39
 FIGURE 9 NEW INSTALLATION SEGMENT IS PROJECTED TO GROW AT THE HIGHEST RATE FROM 2016 TO 2021 39
 FIGURE 10 RESIDENTIAL END-USE SECTOR DOMINATED THE ELEVATORS & ESCALATORS MARKET IN 2015 40
 FIGURE 11 EMERGING ECONOMIES OFFER ATTRACTIVE OPPORTUNITIES FOR GROWTH IN THE ELEVATORS & ESCALATORS MARKET 41
 FIGURE 12 CHINA PROJECTED TO BE THE FASTEST-GROWING COUNTRY-LEVEL MARKET FROM 2016 TO 2021 42
 FIGURE 13 MARKET SHARE OF ELEVATORS & ESCALATORS, BY REGION, 2015 43
 FIGURE 14 MODERNIZATION SEGMENT DOMINATED THE ELEVATORS & ESCALATORS MARKET IN ASIA-PACIFIC IN 2015 44
 FIGURE 15 ELEVATORS & ESCALATORS MARKET: EMERGING MARKETS VS. DEVELOPED MARKETS 45
 FIGURE 16 ELEVATORS SEGMENT PROJECTED TO GROW AT THE HIGHEST RATE FROM
 2016 TO 2021 46
 FIGURE 17 ELEVATORS & ESCALATORS MARKET IN ASIA-PACIFIC IS EXPERIENCING
 HIGH GROWTH 46
 FIGURE 18 EVOLUTION OF ELEVATORS AND ESCALATORS 48
 FIGURE 19 ELEVATORS & ESCALATORS MARKET SEGMENTATION 48
 FIGURE 20 ELEVATORS & ESCALATORS MARKET DYNAMICS 49
 FIGURE 21 URBAN AND RURAL POPULATION IN 2014 50
 FIGURE 22 PROJECTED INCREASE IN URBAN POPULATION, BY 2030 50
 FIGURE 23 BUILDING COMPLETIONS WITH 200+ METERS HEIGHT, BY COUNTRY, 2015 51
 FIGURE 24 MIDDLE-CLASS POPULATION, 2009-2030 52
 FIGURE 25 GLOBAL AGING POPULATION, 2010-2014 52
 FIGURE 26 ELEVATORS SEGMENT PROJECTED TO DOMINATE THE MARKET
 BY 2021 (THOUSAND UNITS) 56
 FIGURE 27 PASSENGER ELEVATORS SEGMENT PROJECTED TO DOMINATE THE ELEVATORS MARKET BY 2021 (THOUSAND UNITS) 59
 FIGURE 28 ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE,
 2016 VS. 2021 (THOUSAND UNITS) 68
 FIGURE 29 ELEVATORS MARKET SIZE, BY ELEVATOR TECHNOLOGY,
 2016 VS. 2021 (USD BILLION) 72
 FIGURE 30 ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR,
 2016 & 2021 (THOUSAND UNITS) 76
 FIGURE 31 RISING NUMBER OF HIGH RISE BUILDINGS CONTRIBUTES TO THE GROWTH OF THE ELEVATORS & ESCALATORS MARKET FROM 2016 TO 2021 81
 FIGURE 32 U.S. PROJECTED TO BE THE FASTEST-GROWING ELEVATORS & ESCALATORS MARKET IN NORTH AMERICA 83
 FIGURE 33 GERMANY PROJECTED TO BE THE FASTEST-GROWING ELEVATORS & ESCALATORS MARKET IN EUROPE 102
 FIGURE 34 CHINA DOMINATED THE ASIA-PACIFIC ELEVATORS & ESCALATORS MARKET
 IN 2015 133
 FIGURE 35 UAE PROJECTED TO BE THE FASTEST-GROWING COUNTRY FROM 2016 TO 2021 159
 FIGURE 36 CONTRACTS & AGREEMENTS FORMED THE KEY STRATEGY ADOPTED
 BY COMPANIES BETWEEN 2015 & 2016 181
 FIGURE 37 STRATEGIC OUTLOOK, 2015–2016 182
 FIGURE 38 CONTRACTS & AGREEMENTS: THE KEY STRATEGY, 2015–2016 183
 FIGURE 39 GEOGRAPHIC REVENUE MIX OF TOP FIVE MARKET PLAYERS 186
 FIGURE 40 KONE CORPORATION: COMPANY SNAPSHOT 187
 FIGURE 41 KONE CORPORATION: SWOT ANALYSIS 189
 FIGURE 42 UNITED TECHNOLOGIES: COMPANY SNAPSHOT 190
 FIGURE 43 UNITED TECHNOLOGIES: SWOT ANALYSIS 192
 FIGURE 44 SCHINDLER HOLDING LTD.: COMPANY SNAPSHOT 193
 FIGURE 45 SCHINDLER: SWOT ANALYSIS 195
 FIGURE 46 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 197
 FIGURE 47 MITSUBISHI ELECTRIC CORPORATION SWOT ANALYSIS 199
 FIGURE 48 THYSSENKRUPP AG: COMPANY SNAPSHOT 200
 FIGURE 49 THYSSENKRUPP AG SWOT ANALYSIS 202
 FIGURE 50 FUJITEC CO., LTD.: COMPANY SNAPSHOT 203
 FIGURE 51 HITACHI LTD.: COMPANY SNAPSHOT 205
 FIGURE 52 HYUNDAI ELEVATOR CO., LTD.: COMPANY SNAPSHOT 207
 FIGURE 53 TOSHIBA CORPORATION: COMPANY SNAPSHOT 209
 FIGURE 54 ELECTRA LTD.: COMPANY SNAPSHOT 211


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Published Date : Aug 2016
No. of Pages :230
Country :Global
Category :Business Services
Publisher :MarketsandMarkets
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