Global Elevators Market

- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025

  • Date April 2017
  • price $3619
 
 

Elevators are advanced systems that allow automated vertical transportation of goods or passengers. As this system utilizes automation, it reduces the waiting time and increases traffic management efficiency in residential, commercial and other buildings. Elevators are found to be a crucial element in commercial, residential, institutional and other applications. The elevators market is influenced by numerous factors including demand for energy efficient solutions, advanced security automation and access control systems, rising spending capabilities for construction and global economic improvement. These factors collectively create opportunities for the market growth, whereas some of them hamper the market growth. However, each factor has its definite impact on the market. The global elevators market is expected to grow at a CAGR of 15% from 2017 to 2025.

Based on solution, the global elevators market is segmented as new deployments and maintenance. Based on application, the market is segmented in residential, commercial, industrial, institutional, and others. The segment commercial applications dominate the global market owing to high waiting time in corridors for accessing elevator car.

Market Dynamics:

Drivers:

  • Reduced waiting time of passengers.
  • Enhanced spending capabilities of customers in emerging markets.
  • Global economic improvement.

Restraints:

  • Substantial initial investments required.

Market Players:

The top players in the global elevator market include Schindler Holding AG, Honeywell International Inc., Otis Elevator Corporation, Hyundai Elevator Co. Ltd., Mitsubishi Electric Corporation, KONE Elevators Co. Ltd., ThyssenKrupp, Fujitec, Bosch Security Systems, and Hitachi Ltd.

KEY TAKEAWAYS
Global Elevators Market

MARKET LANDSCAPE

By Solutions

  • New Deployments
  • Maintenance

By Applications

  • Residential
  • Commercial
  • Industrial
  • Institutional
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of the Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and Recent Industry Development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter’s Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Elevator Market Shares Analysis, 2014-2025
3.4.1. Global Elevator Market Share by solution, 2014-2025
3.4.2. Global Elevator Market Share by application, 2014-2025
3.4.3. Global Elevator Market Share by geography, 2014-2025
4. Global Elevator Market by Solution
4.1. New Deployment
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Maintenance
4.2.1. Historical Market Size by Region, 2014-2016
4.2.2. Market Forecast by Region, 2017-2025
5. Global Elevator Market by Application
5.1. Residential
5.1.1. Historical Market Size by Region, 2014-2016
5.1.2. Market Forecast by Region, 2017-2025
5.2. Commercial
5.2.1. Historical Market Size by Region, 2014-2016
5.2.2. Market Forecast by Region, 2017-2025
5.3. Industrial
5.3.1. Historical Market Size by Region, 2014-2016
5.3.2. Market Forecast by Region, 2017-2025
5.4. Institutional
5.4.1. Historical Market Size by Region, 2014-2016
5.4.2. Market Forecast by Region, 2017-2025
5.5. Others
5.5.1. Historical Market Size by Region, 2014-2016
5.5.2. Market Forecast by Region, 2017-2025
6. Global Elevator Market by Geography
6.1. North America
6.1.1. U.S.
6.1.1.1. Historical Market Size, 2014-2016
6.1.1.2. Market Forecast, 2017-2025
6.1.2. Canada
6.1.2.1. Historical Market Size, 2014-2016
6.1.2.2. Market Forecast, 2017-2025
6.1.3. Mexico
6.1.3.1. Historical Market Size, 2014-2016
6.1.3.2. Market Forecast, 2017-2025
6.2. Europe
6.2.1. UK
6.2.1.1. Historical Market Size, 2014-2016
6.2.1.2. Market Forecast, 2017-2025
6.2.2. Germany
6.2.2.1. Historical Market Size, 2014-2016
6.2.2.2. Market Forecast, 2017-2025
6.2.3. France
6.2.3.1. Historical Market Size, 2014-2016
6.2.3.2. Market Forecast, 2017-2025
6.2.4. Rest of Europe
6.2.4.1. Historical Market Size, 2014-2016
6.2.4.2. Market Forecast, 2017-2025
6.3. Asia-Pacific
6.3.1. China
6.3.1.1. Historical Market Size, 2014-2016
6.3.1.2. Market Forecast, 2017-2025
6.3.2. Japan
6.3.2.1. Historical Market Size, 2014-2016
6.3.2.2. Market Forecast, 2017-2025
6.3.3. India
6.3.3.1. Historical Market Size, 2014-2016
6.3.3.2. Market Forecast, 2017-2025
6.3.4. South Korea
6.3.4.1. Historical Market Size, 2014-2016
6.3.4.2. Market Forecast, 2017-2025
6.3.5. Rest of Asia-Pacific
6.3.5.1. Historical Market Size, 2014-2016
6.3.5.2. Market Forecast, 2017-2025
6.4. LAMEA
6.4.1. Brazil
6.4.1.1. Historical Market Size, 2014-2016
6.4.1.2. Market Forecast, 2017-2025
6.4.2. Saudi Arabia
6.4.2.1. Historical Market Size, 2014-2016
6.4.2.2. Market Forecast, 2017-2025
6.4.3. South Africa
6.4.3.1. Historical Market Size, 2014-2016
6.4.3.2. Market Forecast, 2017-2025
6.4.4. Rest of LAMEA
6.4.4.1. Historical Market Size, 2014-2016
6.4.4.2. Market Forecast, 2017-2025
7. Company profiles
7.1. Schindler Holding AG
7.1.1. Overview
7.1.2. Financials and business segments
7.1.3. Recent developments
7.2. Honeywell International Inc.
7.2.1.  Overview
7.2.2. Financials and business segments
7.2.3. Recent developments
7.3. Otis Elevator Corporation  
7.3.1. Overview
7.3.2. Financials and business segments
7.3.3. Recent developments
7.4. Hyundai Elevator Co. Ltd
7.4.1.  Overview
7.4.2. Financials and business segments
7.4.3. Recent developments
7.5. Mitsubishi Electric Corporation
7.5.1. Overview
7.5.2. Financials and business segments
7.5.3. Recent developments
7.6. KONE Elevators Co. Ltd
7.6.1. Overview
7.6.2. Financials and business segments
7.6.3. Recent developments
7.7. ThyssenKrupp
7.7.1. Overview
7.7.2. Financials and business segments
7.7.3. Recent developments
7.8. Fujitec
7.8.1. Overview
7.8.2. Financials and business segments
7.8.3. Recent developments
7.9. Bosch Security Systems
7.9.1. Overview
7.9.2. Financials and business segments
7.9.3. Recent developments
7.10. Hitachi Ltd
7.10.1. Overview
7.10.2. Financials and business segments
7.10.3. Recent developments

List of Tables

Table 1. Elevators Market Share, by Solutions, 2014-2025, (%)
Table 2. Elevators Market Share, by Application, 2014-2025, (%)
Table 4. Elevators Market Value for New Deployments, by Region, 2014-2025, $million
Table 5. Elevators Market Value for Maintenance, by Region, 2014-2025, $million
Table 6. Elevators Market Value for Commercial, by Region, 2014-2025, $million
Table 7. Elevators Market Value for Industrial, by Region, 2014-2025, $million
Table 8. Elevators Market Value for Institutional, by Region, 2014-2025, $million
Table 9. Elevators Market Value for Others, by Region, 2014-2025, $million
Table 10. Elevators Market Value for North America, by Region, 2014-2025, $million
Table 11. Elevators Market Value for North America, by Country, 2014-2025, $million
Table 12. Elevators Market Value for North America, by Solutions, 2014-2025, $million
Table 13. Elevators Market Value for North America, by Application, 2014-2025, $million
Table 14. Elevators Market Value for Europe, by Country, 2014-2025, $million
Table 15. Elevators Market Value for Europe, by Solutions, 2014-2025, $million
Table 16. Elevators Market Value for Europe, by Application, 2014-2025, $million
Table 17. Elevators Market Value for Asia-Pacific, by Country, 2014-2025, $million
Table 18. Elevators Market Value for Asia-Pacific, by Solutions, 2014-2025, $million
Table 19. Elevators Market Value for Asia-Pacific, by Application, 2014-2025, $million
Table 20. Elevators Market Value for LAMEA, by Country, 2014-2025, $million
Table 21. Elevators Market Value for LAMEA, by Solutions, 2014-2025, $million
Table 22. Elevators Market Value for LAMEA, by Application, 2014-2025, $million
Table 23. Schindler Holding AG - Company Snapshot
Table 24. Honeywell International Inc. - Company Snapshot
Table 25. Otis Elevator Corporation - Company Snapshot
Table 26. Hyundai Elevator Co. Ltd. - Company Snapshot
Table 27. Mitsubishi Electric Corporation - Company Snapshot
Table 28. KONE Elevators Co. Ltd. - Company Snapshot
Table 29. ThyssenKrupp - Company Snapshot
Table 30. Fujitec - Company Snapshot
Table 31. Bosch Security Systems - Company Snapshot
Table 32. Hitachi Ltd. - Company Snapshot

List of Figures

Figure 1. Elevators New Deployments Market Value, 2014-2016, $million
Figure 2. Elevators Maintenance Market Value, 2014-2016, $million
Figure 3. Elevators Commercial Market Value, 2014-2016, $million
Figure 4. Elevators Industrial Market Value, 2014-2016, $million
Figure 5. Elevators Institutional Market Value, 2014-2016, $million
Figure 6. Elevators Others Market Value, 2014-2016, $million
Figure 7. Elevators: U.S. Market Value, 2014-2016, $million
Figure 8. Elevators: U.S. Market Value, 2017-2025, $million
Figure 9. Elevators: Canada Market Value, 2014-2016, $million
Figure 10. Elevators: Canada Market Value, 2017-2025, $million
Figure 11. Elevators: Mexico Market Value, 2014-2016, $million
Figure 12. Elevators: Mexico Market Value, 2017-2025, $million
Figure 13. Elevators: UK Market Value, 2014-2016, $million
Figure 14. Elevators: UK Market Value, 2017-2025, $million
Figure 15. Elevators: Germany Market Value, 2014-2016, $million
Figure 16. Elevators: Germany Market Value, 2017-2025, $million
Figure 17. Elevators: France Market Value, 2014-2016, $million
Figure 18. Elevators: France Market Value, 2017-2025, $million
Figure 19. Elevators: Rest of Europe Market Value, 2014-2016, $million
Figure 20. Elevators: Rest of Europe Market Value, 2017-2025, $million
Figure 21. Elevators: China Market Value, 2014-2016, $million
Figure 22. Elevators: China Market Value, 2017-2025, $million
Figure 23. Elevators: Japan Market Value, 2014-2016, $million
Figure 24. Elevators: Japan Market Value, 2017-2025, $million
Figure 25. Elevators: India Market Value, 2014-2016, $million
Figure 26. Elevators: India Market Value, 2017-2025, $million
Figure 27. Elevators: South Korea Market Value, 2014-2016, $million
Figure 28. Elevators: South Korea Market Value, 2017-2025, $million
Figure 29. Elevators: Rest of Asia-Pacific Market Value, 2014-2016, $million
Figure 30. Elevators: Rest of Asia-Pacific Market Value, 2017-2025, $million
Figure 31. Elevators: Brazil Market Value, 2014-2016, $million
Figure 32. Elevators: Brazil Market Value, 2017-2025, $million
Figure 33. Elevators: Saudi Arabia Market Value, 2014-2016, $million
Figure 34. Elevators: Saudi Arabia Market Value, 2017-2025, $million
Figure 35. Elevators: South Africa Market Value, 2014-2016, $million
Figure 36. Elevators: South Africa Market Value, 2017-2025, $million
Figure 37. Elevators: Rest of LAMEA Market Value, 2014-2016, $million
Figure 38. Elevators: Rest of LAMEA Market Value, 2017-2025, $million
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