Building and Construction Industry Driving Elevator Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
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Building and Construction Industry Driving Elevator Market 2019-2024
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Press Release As per the market outlook foreseen by an IndustryARC business intelligence report, titled “Elevator Market: By Type (Modernization, New installation & services; By Subsystems (Controllers, Door Equipment, Cabin Enclosures, and Signaling Fixtures)); By End Users (Residential, Commercial, Industrial, Marine, Others) & By Country – Forecast (2018-2023),” the elevator market players are concentrating on enhancing technology so that their products save energy as well as offer reliability. Global Elevator Market: Snapshot Elevators are a necessity, especially for older folks. According to the U.S Census Bureau, senior citizens i.e., people who are above 60 years, were 8.5% of the total population globally in 2015, and is expected to rise to 12% by 2030. Consequently, the elevator market is finding new opportunities across all territories. Among emerging economies, India is a lucrative country. For instance, in terms of development in India, a new series of codes are being implemented to identify requirements of installation, inspections, and maintenance to ensure satisfactory performance in the Indian Metro elevators. On the other hand, according to European Lift Association (ELA), there are approximately 75,000 elevator units that are installed in the EU-27, out of which 60,000 units are used in commercial buildings and the remaining are used in public transportation facilities. Estimation is that 3,500 units of elevators are installed every year. Browse 65 Market Tables, 177 Figures spread through 161 slides and an in-depth TOC on “Elevator Market (2018 - 2023)” Disruptions in the Elevator Market Artificial Intelligence along with smart city initiative is making revolution in the elevator market. With the help of artificial intelligence, elevators stores the previous movements and can eventually predict the movement of occupants. With the Internet of Things and RFID sensors, it is feasible to connect to the elevator system gate. By connecting the smartphones to the elevator system using IoT, the elevators understands where the person wants to go. Big Data and IoT can also function together in the elevator system to understand if the person at a particular time wants to exit the building. Cable free elevators are being developed that can move parallel and perpendicularly. Manufacturers have made commuting much faster and better by developing Intuitive Elevator Technologies. Conveyors with drive drum motors have become a trend in the factories. Screw conveyors have banished the need of central shaft, and is more beneficial for end to end and side connections.
Elevator Market: New Technologies Being Launched KONE Corporation, Fujitec Co. Ltd, Mitsubishi Electric Corporation, Schindler Group, Otis Elevator Company, Hitachi Ltd, and Thyssenkrupp AG are a few leading market players. Mitsubishi Electric launched NEXIEX-LITE Elevators in India in 2014, with an estimated Annual sale of 1,000 unit by 2016. In 2018, Schindler had announced the launch of Robotics Installation System for Elevators (R.I.S.E) for automation and digitalization in the elevator industry. KONE Corporation has been ranked 43rd most sustainable company in the world by Corporate Knights. Kone was the only elevator company to make it to the Corporate Knights' 2019 Global
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100 Most Sustainable Corporations in the World ranking. KONE Elevators has made a debut in North America with KONE UltraRope, a revolutionary elevator hoisting technology that sets a new benchmark for high rise buildings. These elevators can travel up to the height of 1 Kilometer (3,300 feet). KONE would provide elevators to a 54 story tower at 110 North Wacker Drive in the Chicago Loop business district. The elevator market holds a strong position in the building and construction industry, and the shares are mostly consolidated among a handful of players. In the United States, 90% of the share is held by the major companies such as Thyssenkrupp, KONE, and Hitachi. It has been observed that the elevator market is doing tremendous progress, in terms of adoption of latest technologies like Artificial Intelligence, 3D modeling, and other technologies. Even from emerging economies, the demand in flowing in. The government in India has started taking initiatives in the infrastructural development since then they have started funding for the same. According to ELA, the elevator market is expected to grow around $100 billion by 2023 in context with the rise in the different sectors like infrastructure, construction etc. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=18097
Related Reports: Elevators Modernization Market:By Type (Hydraulic, Traction, Pneumatic, Climbing); By Component type (Controllers, Door equipment, cabin enclosures, signaling fixtures, power units, oil & grease, full/complete preventive); By modernization type (full, partial); By End-user (Residential buildings, commercial, marine, industrial, institutional, construction) By Geography - (2018-2023) https://industryarc.com/Report/15132/elevators-modernization-market.html Elevator & Elevator Control Market: By Type (New Equipment, Maintenance Services & Modernization), By Application (Residential & Commercial), By Elevator Controls (Sensors, Switches & Others), & By Region - Forecast(2018 - 2023) https://industryarc.com/Report/15655/elevators-elevatorcontrol-market.html About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc
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Industry Market Research for Business Leaders, Strategists, Decision Makers
Table of Contents 1. Elevator Market - Overview 1.1. Definitions and Scope 2. Elevator Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Elevator Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Elevator Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Elevator Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Elevator Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Elevator Market - Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Elevator Market – By type (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Modernization 8.3.1.1. Partial Modernization 8.3.1.2. Full Modernization 8.3.2. New Installation 8.3.3. Services
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9. Elevator Market – By Subsystems (Market Size -$Million / $Billion) 9.1. Controllers 9.2. Door Equipment 9.3. Cabin Enclosures 9.4. Signaling Fixtures 9.5. Power Units and Communication 9.6. Security System 9.7. Others 10. Elevator – By End Use Industry(Market Size -$Million / $Billion) 10.1. Segment type Size and Market Share Analysis 10.2. Application Revenue and Trends by type of Application 10.3. Application Segment Analysis by Type 10.3.1. Residential 10.3.2. Commercial 10.3.3. Industrial 10.3.4. Marine 10.3.5. Others 11. Elevator - By Geography (Market Size -$Million / $Billion) 11.1. Elevator Market - North America Segment Research 11.2. North America Market Research (Million / $Billion) 11.2.1. Segment type Size and Market Size Analysis 11.2.2. Revenue and Trends 11.2.3. Application Revenue and Trends by type of Application 11.2.4. Company Revenue and Product Analysis 11.2.5. North America Product type and Application Market Size 11.2.5.1. U.S. 11.2.5.2. Canada 11.2.5.3. Mexico 11.2.5.4. Rest of North America 11.3. Elevator - South America Segment Research 11.4. South America Market Research (Market Size -$Million / $Billion) 11.4.1. Segment type Size and Market Size Analysis 11.4.2. Revenue and Trends 11.4.3. Application Revenue and Trends by type of Application 11.4.4. Company Revenue and Product Analysis 11.4.5. South America Product type and Application Market Size 11.4.5.1. Brazil 11.4.5.2. Venezuela 11.4.5.3. Argentina 11.4.5.4. Ecuador 11.4.5.5. Peru 11.4.5.6. Colombia 11.4.5.7. Costa Rica 11.4.5.8. Rest of South America 11.5. Elevator - Europe Segment Research 11.6. Europe Market Research (Market Size -$Million / $Billion) 11.6.1. Segment type Size and Market Size Analysis 11.6.2. Revenue and Trends 11.6.3. Application Revenue and Trends by type of Application 11.6.4. Company Revenue and Product Analysis 11.6.5. Europe Segment Product type and Application Market Size 11.6.5.1. U.K 11.6.5.2. Germany 11.6.5.3. Italy 11.6.5.4. France 11.6.5.5. Netherlands 11.6.5.6. Belgium 11.6.5.7. Spain
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11.6.5.8. Denmark 11.6.5.9. Rest of Europe 11.7. Elevator – APAC Segment Research 11.8. APAC Market Research (Market Size -$Million / $Billion) 11.8.1. Segment type Size and Market Size Analysis 11.8.2. Revenue and Trends 11.8.3. Application Revenue and Trends by type of Application 11.8.4. Company Revenue and Product Analysis 11.8.5. APAC Segment – Product type and Application Market Size 11.8.5.1. China 11.8.5.2. Australia 11.8.5.3. Japan 11.8.5.4. South Korea 11.8.5.5. India 11.8.5.6. Taiwan 11.8.5.7. Malaysia 12. Elevator Market - Entropy 12.1. New product launches 12.2. M&A's, collaborations, JVs and partnerships 13. Elevator Market – Industry / Segment Competition landscape 13.1. Market Share Analysis 13.1.1. Market Share by Country- Top companies 13.1.2. Market Share by Region- Top 10 companies 13.1.3. Market Share by type of Application – Top 10 companies 13.1.4. Market Share by type of Product / Product category- Top 10 companies 13.1.5. Market Share at global level- Top 10 companies 13.1.6. Best Practises for companies 14. Elevator Market – Key Company List by Country 15. Elevator Market Company Analysis 15.1. Market Share, Company Revenue, Products, M&A, Developments 15.2. KONE Corporation 15.3. Schindler Electric 15.4. OTIS 15.5. Mitsubishi Electric 15.6. Fujitec Co Ltd. 15.7. Hyundai Elevator Co Ltd. 15.8. Hitachi Ltd 15.9. Toshiba Elevator and Building System Corporation 15.10. Dover Elevator 15.11. Company 10 15.12. Company 11 15.13. Company 12 15.14. Company 13 and more "*Financials would be provided on a best efforts basis for private companies" 16. Elevator Market - Appendix 16.1. Abbreviations 16.2. Sources 17. Elevator Market - Methodology 17.1. Research Methodology 17.1.1. Company Expert Interviews 17.1.2. Industry Databases 17.1.3. Associations 17.1.4. Company News 17.1.5. Company Annual Reports 17.1.6. Application Trends 17.1.7. New Products and Product database 17.1.8. Company Transcripts 17.1.9. R&D Trends
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17.1.10. Key Opinion Leaders Interviews 17.1.11. Supply and Demand Trends
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