Elevator And Escalator Market in the BRIC countries - Market Study 2015-2019
Covering: This market research report segments the elevator and escalator market in BRIC countries by product (elevators and escalators) and by geography (Brazil, Russia, India, and China). Key leading vendors analyzed in this market study are Hitachi, KONE, Mitsubishi, Otis, Schindler, and ThyssenKrupp.
Market outlook of the elevator and escalator market in the BRIC countries
Elevators and escalators are installed in public places and mixed-used buildings like IT parks, hotels, restaurants, and retail outlets. The market for escalators and elevators in the BRIC countries is estimated to post a modest growth rate of more than 13% by 2019. The unparalleled growth witnessed in the construction market in BRIC countries is expected to account for this market’s steady growth rate during the forecast period.
Among all the BRIC countries, China is expected to dominate the market for elevators and escalators during the forecast period. In China, the elevators segment is envisaged to account for more than 88% of the total new unit installations, while the escalators segment is expected to account for a mere 11% of the total new unit installations.
Product-based segmentation of the elevator and escalator market in the BRIC countries
• Elevators
• Escalators
In this market study, Technavio’s market research analyst has estimated the escalator segment to show a higher market growth rate than the elevator segment. Since most infrastructure projects employ more number of escalators than elevators, developments in the construction market will result in this segment’s rapid growth during the forecast period.
Competitive landscape and key vendors
The elevator and escalator market in BRIC countries is dominated by a few leading vendors like Hitachi, KONE, and Mitsubishi. Despite the dominance of the leading vendors, many small domestic vendors take part in country-specific construction activities and offer services like elevator and escalator installation, maintenance, and modernization services.
Leading vendors in this market are -
• Hitachi
• KONE
• Mitsubishi
• Otis
• Schindler
• ThyssenKrupp
Other prominent vendors are Canny Elevator, Express Lifts, Express Lifts, Fujitec, Hyundai Elevator, Johnson Lifts, Kleemann Group, and Shenyang Brilliant Elevator.
Growth drivers, challenges, and upcoming trends: Elevators and escalators
Technavio’s market research analysts estimate upcoming trends, such as the advent of smart elevators, to foster market growth during the forecast period. Smart elevators are rapidly gaining popularity as they have an integrated safety and control system and offer features like high operation speed and high-energy efficiency. The augmented implementation of these elevators in high-rise buildings and IT parks is expected to boost the prospects for growth in the elevator and escalator market in the BRIC countries.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the elevator and escalator market in the BRIC countries. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Key questions answered in the report include
• What will the market size and the growth rate be in 2019?
• What are the key factors driving the elevator and escalator market in the BRIC countries?
• What are the key market trends impacting the growth of the elevator and escalator market in the BRIC countries?
• What are the challenges to market growth?
• Who are the key vendors in the elevator and escalator market in the BRIC countries?
• What are the market opportunities and threats faced by the vendors in the elevator and escalator market in the BRIC countries
• What are the key outcomes of the five forces analysis of the elevator and escalator market in the BRIC countries?
Technavio also offers customization on reports based on specific client requirement.
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PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: BRIC overview
Urbanization in BRIC countries
PART 06: Industry overview
Elevator and escalator overview
Life cycle of elevators and escalators
Supply chain of elevators and escalators in BRIC countries
Key investment opportunities in elevator and escalator market in BRIC countries
PART 07: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 08: Market segmentation by product
Market overview
Elevator market in BRIC countries
Escalator market in BRIC countries
PART 09: Geographical segmentation
Elevator and escalator market in China
Elevator and escalator market in India
Elevator and escalator market in Brazil
Elevator and escalator market in Russia
PART 10: Market drivers
China
India
Brazil
Russia
PART 11: Impact of drivers
PART 12: Market challenges
China
India
Brazil
Russia
PART 13: Impact of drivers and challenges
PART 14: Market trends
China
India
Brazil
Russia
PART 15: Vendor landscape
Competitive scenario
Other prominent vendors
PART 16: Key vendor analysis
Hitachi
KONE
itsubishi Electric
Otis Elevator
Schindler
ThyssenKrupp
PART 17: Appendix
List of abbreviations
PART 18: Explore Technavio
List of Exhibits
Exhibit 01: Urban population in BRIC countries 2010-2014 (millions)
Exhibit 02: Classification of elevators
Exhibit 03: Classification of escalators
Exhibit 04: Life cycle of elevators and escalators
Exhibit 05: Elevator and escalator market in BRIC countries: Supply chain
Exhibit 06: CAGR by country 2014-2019
Exhibit 07: Elevator and escalator market in BRIC countries 2014-2019 (units)
Exhibit 08: Five forces analysis
Exhibit 09: Segmentation by product 2014
Exhibit 10: Growth rate comparison for elevators and escalators in BRIC countries 2014-2019
Exhibit 11: Elevator market in BRIC countries 2014-2019 (units)
Exhibit 12: Escalator market in BRIC countries 2014-2019 (units)
Exhibit 13: Key leading countries
Exhibit 14: Geographical segmentation of elevator market in BRIC countries 2014
Exhibit 15: Geographical segmentation of escalator market in BRIC countries 2014
Exhibit 16: Elevators and escalator market in China: Product segmentation 2014
Exhibit 17: Elevator and escalator market in China 2014-2019 (units)
Exhibit 18: Elevator market in China 2014-2019 (units)
Exhibit 19: Escalator market in China 2014-2019 (units)
Exhibit 20: Elevator and escalator market in China: Growth rate comparison
Exhibit 21: Elevator and escalator market in India: Product segmentation 2014
Exhibit 22: Elevator and escalator market in India 2014-2019 (units)
Exhibit 23: Elevator market in India 2014-2019 (units)
Exhibit 24: Escalator market in India 2014-2019 (units)
Exhibit 25: Elevator and escalator market in India: Growth rate comparison
Exhibit 26: Elevator and escalator market in Brazil: Product segmentation
Exhibit 27: Elevator and escalator market in Brazil 2014-2019 (units)
Exhibit 28: Elevator market in Brazil 2014-2019 (units)
Exhibit 29: Escalators market in Brazil 2014-2019 (units)
Exhibit 30: Elevator and escalator market in Brazil: Growth rate comparison
Exhibit 31: Elevator and escalator market in Russia: Product segmentation 2014
Exhibit 32: Elevator and escalator market in Russia 2014-2019 (units)
Exhibit 33: Elevator market in Russia 2014-2019 (units)
Exhibit 34: Escalator market in Russia 2014-2019 (units)
Exhibit 35: Elevator and escalator market in Russia: Growth rate comparison
Exhibit 36: Urban population in India 2009-2014 (millions)
Exhibit 37: Per-capita income in India 2009-2014 ($)
Exhibit 38: Savings rate in India 2009-2014
Exhibit 39: Air passenger traffic in Russia 2010-2014 (millions)
Exhibit 40: Impact of drivers
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Business segmentation by revenue 2015
Exhibit 43: Geographical segmentation by revenue 2015
Exhibit 44: Business segmentation by revenue 2014
Exhibit 45: Geographical segmentation by revenue 2014
Exhibit 46: Business segmentation 2015 by revenue
Exhibit 47: Geographical segmentation by revenue 2014
Exhibit 48: Geographical segmentation by revenue 2014
Exhibit 49: Business segmentation by revenue 2014
Exhibit 50: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 51: Geographical segmentation by revenue 2014
