Growing Investment in Smart Cities is a Key Trend Gaining Market Momentum
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The elevator and escalator market in apac is forecasted to grow by USD 11.1 billion during 2023-2028, accelerating at a CAGR of 2.48% during the forecast period. The report on the elevator and escalator market in apac 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 high-speed metro projects, increasing government spending on infrastructure projects, and development of smart cities in apac region.
The elevator and escalator market in apac is segmented as below:
By End-user
- Residential
- Non-residential
By Product
- Elevator
- Escalator
By Geographical Landscape
- APAC
The report on the elevator and escalator market in apac covers the following areas:
- Elevator and escalator market in apac sizing
- Elevator and escalator market in apac forecast
- Elevator and escalator market in apac 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 End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global elevator and escalator market in apac: Doppelmayr Seilbahnen GmbH, EITA Elevator M Sdn. Bhd, Fujitec Co. Ltd., Glarie Elevator Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., IFE Elevators Co. Ltd, KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Schindler Holding Ltd., Sicher Elevator Co. Ltd., Sigma Elevator Co., Stannah Group of Co., Sunlong Elevator Co. Ltd., Suzhou Diao Elevator Co. Ltd., Syney Electric Co. Ltd., thyssenkrupp AG, Toshiba Corp., and Yuanda China Holdings Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing investment in smart cities."
According to the report, one of the major drivers for this market is the growing 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:
- Doppelmayr Seilbahnen GmbH
- EITA Elevator M Sdn. Bhd
- Fujitec Co. Ltd.
- Glarie Elevator Co. Ltd.
- Hitachi Ltd.
- Hyundai Elevator Co. Ltd.
- IFE Elevators Co. Ltd
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- Schindler Holding Ltd.
- Sicher Elevator Co. Ltd.
- Sigma Elevator Co.
- Stannah Group of Co.
- Sunlong Elevator Co. Ltd.
- Suzhou Diao Elevator Co. Ltd.
- Syney Electric Co. Ltd.
- thyssenkrupp AG
- Toshiba Corp.
- Yuanda China Holdings Ltd.
