Strategic Recommendations

Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Malaysia elevators & escalators market, TechSci Research used various forecast techniques such as:

o Moving Average

o Time Series Analysis

o Regression Analysis

o Econometric and Judgmental Analysis

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate and analyze market demand scenario.

Partial List of Companies Interviewed

KONE Elevator (M) Sdn. Bhd., Antah Schindler Sdn. Bhd., Hitachi Elevator Engineering (Malaysia) Sdn. Bhd., Mitsubishi Elevator Malaysia Sdn Bhd., Otis Elevator Company Sdn. Bhd., TK Elevator Malaysia Sdn. Bhd., Toshiba Elevator Malaysia, Hyundai Elevator Malaysia Sdn Bhd., among others

Partial List of Secondary Sources

Company Annual Reports, Press Releases, Industry Magazines, Industry Reports, Company Websites, TechSci Research Proprietary Database & Knowledge Repository, The Malaysian Lift and Escalator Association (MALEA), Pacific Asia Lift (Elevator) and Escalator Association World Elevator Federation (WEF), etc.

*Note: (a) Sum of some shares may not be 100% due to round off till two decimal places. (b) Volume figures across the report only include the data for new installation of elevators and escalators.