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The elevator and escalator market in India is forecasted to grow by USD 913.2 million during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the elevator and escalator market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of high-speed metro projects, rising disposable income and economic growth, and growing number of office spaces and commercial establishments.
The elevator and escalator market in India is segmented as below:
By Product
- Elevator
- Escalator
By End-user
- Residential
- Non-residential
By Geographical Landscape
- APAC
The report on the elevator and escalator market in India covers the following areas:
- Elevator and escalator market in India sizing
- Elevator and escalator market in India forecast
- Elevator and escalator market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global elevator and escalator market in india: Beacon Elevator Co. Pvt. Ltd., Blue Star Elevators India Ltd., City lift India Ltd., Easa Elevators Pvt. Ltd., ESCON Elevators Pvt. Ltd., Express Lifts Ltd., Fujitec Co. Ltd., Grj Elevator Pvt. Ltd., Hitachi Ltd., Johnson Lifts Pvt. Ltd., Kinetic Hyundai Elevator and Movement Technologies Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., RP Bidyut Elevator, Schindler Holding Ltd., SEPL India Ltd., thyssenkrupp AG, Toshiba Corp., and TRIO Elevators Co. India Pvt. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising demand for customization in elevators."
According to the report, one of the major drivers for this market is the growing number of high-speed metro projects.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Beacon Elevator Co. Pvt. Ltd.
- Blue Star Elevators India Ltd.
- City lift India Ltd.
- Easa Elevators Pvt. Ltd.
- ESCON Elevators Pvt. Ltd.
- Express Lifts Ltd.
- Fujitec Co. Ltd.
- Grj Elevator Pvt. Ltd.
- Hitachi Ltd.
- Johnson Lifts Pvt. Ltd.
- Kinetic Hyundai Elevator and Movement Technologies Ltd.
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- RP Bidyut Elevator
- Schindler Holding Ltd.
- SEPL India Ltd.
- thyssenkrupp AG
- Toshiba Corp.
- TRIO Elevators Co. India Pvt. Ltd.
