Smart Elevators and Escalators MarketGlobal Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2023
Report Highlights
Global Smart Elevators and Escalators Market: Overview
Smart elevators and escalators are installed in mixed-used buildings, hotels, commercial buildings, IT parks, residential buildings, restaurants, and retail outlets among others. Aging population is likely to be the key factor driving the smart elevator and escalator market during the forecast period. In addition, increasing geriatric population in countries such as Japan and China is expected to fuel demand for smart elevators and escalators. Asia Pacific is expected to grow at a high rate which will affect the market positively during the forecast period 2017 – 2023. Factors such as the growth of the global urban population, aging population, changing demographics, and urbanization among others are likely to boost the growth of the market in the near future. Rapid urbanization in developing nations such as Middle East, India and China and migration of population from rural areas to urban areas is key factor fueling the demand for new installation of smart elevators and escalators market. One of the major factors driving the market is installation of smart elevators and escalators in mid-rise and high-rise buildings.
Global Smart Elevators and Escalators Market: Trends and Opportunities
There has been an increase in construction activities in developing countries of Asia Pacific and RoW. The booming construction sector in countries such as China, India, Philippines and Indonesia is generating potential growth opportunities for the smart elevators and escalators market. In addition, industrial infrastructure in nations such as Indonesia, India and Brazil are witnessing major increase in demand for smart elevators and escalators in the last few years. This increase in demand is driven by large expenditure by public and private companies on airport development, housing, ports and rail transport. This, in turn, is likely to boost the growth of the smart elevators and escalators market during the forecast period.
Ageing population in countries such as Japan, U.S., Mexico and China among others is the key factor driving the smart elevator and escalator market during the forecast period. In addition, Asia Pacific is expected to grow at a high rate during the forecast period of 2017 – 2023. Factors such as the growth of the global urban population and increasing number of population growth, aging population, changing demographics and urbanization among others are boosting the growth of the market in near future.
Global Smart Elevators and Escalators Market: Segmentations
Based on type, the global market has been segmented into elevator and escalators. The smart escalators and elevators market is dominated by the elevators segment. The elevators market is further sub divided into elevator capacity types 450 - 1,150 kg, 1,150kg-1,500kg, 1,500kg-2,000kg and others. The escalators market is further classified into moving walkway escalators and moving stairs. Smart elevator is mainly driven by the increasing number of super tall and high rise building that demand energy efficient, secure and faster vertical transportation systems.
The global market by application is segmented into eight types: commercial, hotels, retail, residential, transportation, hospital, parking building and others. The smart escalators and elevators market is dominated by the transportation segment, followed by residential application. This increasing demand of smart escalators and elevators in the transportation segment is driven by large expenditure on airport development, ports and rail transport.
Global Smart Elevators and Escalators Market: Key Research Aspects
A comprehensive analysis of market dynamics that include the market drivers, restraints and opportunities is included under the purview of the study. Market dynamics are the distinct factors which exert an influence on the growth of a particular market and therefore help in studying the current trends of the global market. Thus, this report offers an inclusive study of the global smart elevators and escalators market, along with providing the forecast of the market for the period from 2017 to 2023.
Global Smart Elevators and Escalators Market: Competitive Landscape
Key players profiled in this report include Cisco Systems, Inc (U.S.), Toshiba Corporation (Japan), Otis Elevator Company (U.S.), Mitsubishi Electric Corporation (Japan), Schindler Holding Ltd.(Switzerland), Hitachi Ltd.(Japan), Fujitec Co., Ltd. (Japan), ThyssenKrupp AG (Germany), Kone Corporation (Finland), Kleemann Hellas SA (Greece) among others.
The segments covered in the Smart Elevator and Escalator market are as follows:
Global Smart Elevator and Escalator Market: By Type
Elevator
450 kg - 1,150 kg
1,150kg-1,500kg
1,500kg-2,000kg
Escalator
Moving Walkway Escalators
Moving Stairs
Global Smart Elevator and Escalator Market: By Application Type
Commercial
Hotels
Retail
Residential
Transportation
Hospital
Parking Building
Global Smart Elevator and Escalator Market: By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Rest of Europe
Asia Pacific
India
China
Japan
Rest of Asia Pacific
Rest of the World (RoW)
Middle East
Latin America
Africa
- Table 1 : Snapshot: Global Smart Elevator and Escalator Market
- Table 2 : Global Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Elevators
- Table 3 : Global Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Escalator
- Table 4 : North America Smart Elevator and Escalator Market, by Type, 2014 – 2023, (USD Billion)
- Table 5 : North America Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Elevators
- Table 6 : North America Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Escalator
- Table 7 : North America Smart Elevator and Escalator Market, by Application, 2014 – 2023, (USD Billion)
- Table 8 : Europe Smart Elevator and Escalator market, by Type, 2014 – 2023, (USD Billion)
- Table 9 : Europe Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Elevators
- Table 10 : Europe Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Escalator
- Table 11 : Europe Smart Elevator and Escalator market, by Application, 2014 – 2023, (USD Billion)
- Table 12 : Asia Pacific Smart Elevator and Escalator Market, by Type, 2014 – 2023, (USD Billion)
- Table 13 : Asia Pacific Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Elevators
- Table 14 : Asia Pacific Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Escalator
- Table 15 : Asia Pacific Smart Elevator and Escalator Market, by Application, 2014 – 2023, (USD Billion)
- Table 16 : Rest of the World Smart Elevator and Escalator Market, by Type, 2014 – 2023, (USD Billion)
- Table 17 : Rest of the World Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Elevators
- Table 18 : Rest of the World Smart Escalators and Elevators Market, 2014-2023: Revenue Forecast: Revenue Forecast, By Smart Escalator
- Table 19 : Rest of the World Smart Elevator and Escalator Market, by Application, 2014 – 2023, (USD Billion)
- Figure 1 : Market Positioning of Key Players
- Figure 2 : Market Attractiveness Analysis, by Technology Type
- Figure 3 : Global Smart Elevator Market, 2014 – 2023, (USD Billion)
- Figure 4 : Global Smart Escalator Market, 2014 – 2023, (USD Billion)
- Figure 5 : Global Smart Elevator and Escalator Market Revenue Share, by Application, 2014 – 2023 (%)
- Figure 6 : Global Commercial Application Segment, 2014 – 2023, (USD Billion)
- Figure 7 : Global Hotels Segment, 2014 – 2023, (USD Billion)
- Figure 8 : Global Retails Segment, 2014 – 2023, (USD Billion)
- Figure 9 : Global Residentials Segment, 2014 – 2023, (USD Billion)
- Figure 10 : Global Transportation Segment, 2014 – 2023, (USD Billion)
- Figure 11 : Global Hospitals Segment, 2014 – 2023, (USD Billion)
- Figure 12 : Global Parking Segment, 2014 – 2023, (USD Billion)
- Figure 13 : Global Transportation Segment, 2014 – 2023, (USD Billion)
- Figure 14 : Global Smart Elevator and Escalator Market Revenue Share, by Region, 2014 – 2023 (%)
- Figure 15 : North America Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 16 : U.S. Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 17 : Canada Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 18 : Mexico Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 19 : Europe Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 20 : U.K. Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 21 : Italy Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 22 : Germany Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 23 : France Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 24 : Rest of Europe Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 25 : Asia Pacific Smart Elevator and Escalator Market , 2014 – 2023, (USD Billion)
- Figure 26 : China Smart Elevator and Escalator Market , 2014 – 2023, (USD Billion)
- Figure 27 : India Smart Elevator and Escalator Market , 2014 – 2023, (USD Billion)
- Figure 28 : Japan Smart Elevator and Escalator Market , 2014 – 2023, (USD Billion)
- Figure 29 : Rest of Asia Pacific Smart Elevator and Escalator Market , 2014 – 2023, (USD Billion)
- Figure 30 : Rest of the World Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 31 : Latin America Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 32 : Middle East Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 33 : Africa Smart Elevator and Escalator Market, 2014 – 2023, (USD Billion)
- Figure 34 : Cisco System Inc. Annual Revenue 2012 – 2014, (USD Billion)
- Figure 35 : Toshiba Corporation Annual Revenue, 2012 – 2014 (USD Billion)
- Figure 36 : Otis Elevator Company Annual Revenue 2012 – 2014, (USD Billion)
- Figure 37 : Mitsubishi Electric Corporation Annual Revenue 2012– 2014, (USD Billion)
- Figure 38 : Schindler Holding Ltd. Annual Revenue 2012– 2014, (USD Billion)
- Figure 39 : Hitachi Ltd. Annual Revenue 2012– 2014, (USD Billion)
- Figure 40 : Fujitec Co., Ltd. Annual Revenue 2012– 2014, (USD Billion)
- Figure 41 : ThyssenKrupp AG Annual Revenue 2012– 2014, (USD Billion)
- Figure 42 : Kone Corporation Annual Revenue 2012– 2014, (USD Billion)
- Figure 43 : Kleemann Hellas SA Annual Revenue 2012– 2014, (USD Billion)
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