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Global Elevator Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 1/12/2023
  • NO OF PAGES
  • 200
  • CATEGORY
  • Heavy Industry
Elevator market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Elevator market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Elevator manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Elevator market covering all its essential aspects.

Global Elevator Market: Segmentations

Global Elevator Market: By Key Players
Kone
Hitachi
Mitsubishi Electric
Otis Elevator Company
Schindler
ThyssenKrupp
XIOLIFT
Volkslift Schindler
Canny Elevator
Fujitec
Yungtay Engineering
Guangri Elevator
Toshiba
SJEC
Edunburgh Elevator
Hyundai Elevator
Suzhou Diao Elevator
ZJML
Syney
IFE
DNDT
CNYD
SRH
Joylive

Global Elevator Market: By Types
Elevator
Escalator
Moving Walkway

Global Elevator Market: By Applications
Residential Area
Commercial Office
Transportation Hub
Industrial Area



Global Elevator Market: Regional Analysis
The countries covered in the regional analysis of the Global Elevator market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Elevator market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Elevator would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Elevator Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Elevator Revenue
1.4 Market Analysis by Type
1.4.1 Global Elevator Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Elevator
1.4.3 Escalator
1.4.4 Moving Walkway
1.5 Market by Application
1.5.1 Global Elevator Market Share by Application: 2023-2032
1.5.2 Residential Area
1.5.3 Commercial Office
1.5.4 Transportation Hub
1.5.5 Industrial Area
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Elevator Market
1.8.1 Global Elevator Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Elevator Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Elevator Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Elevator Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Elevator Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Elevator Sales Volume Market Share by Region (2017-2022)
3.2 Global Elevator Sales Revenue Market Share by Region (2017-2022)
3.3 North America Elevator Sales Volume
3.3.1 North America Elevator Sales Volume Growth Rate (2017-2022)
3.3.2 North America Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Elevator Sales Volume
3.4.1 East Asia Elevator Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Elevator Sales Volume (2017-2022)
3.5.1 Europe Elevator Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Elevator Sales Volume (2017-2022)
3.6.1 South Asia Elevator Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Elevator Sales Volume (2017-2022)
3.7.1 Southeast Asia Elevator Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Elevator Sales Volume (2017-2022)
3.8.1 Middle East Elevator Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Elevator Sales Volume (2017-2022)
3.9.1 Africa Elevator Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Elevator Sales Volume (2017-2022)
3.10.1 Oceania Elevator Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Elevator Sales Volume (2017-2022)
3.11.1 South America Elevator Sales Volume Growth Rate (2017-2022)
3.11.2 South America Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Elevator Sales Volume (2017-2022)
3.12.1 Rest of the World Elevator Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Elevator Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Elevator Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Elevator Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Elevator Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Elevator Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Elevator Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Elevator Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Elevator Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Elevator Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Elevator Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Elevator Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Elevator Sales Volume Market Share by Type (2017-2022)
14.2 Global Elevator Sales Revenue Market Share by Type (2017-2022)
14.3 Global Elevator Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Elevator Consumption Volume by Application (2017-2022)
15.2 Global Elevator Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Elevator Business
16.1 Kone
16.1.1 Kone Company Profile
16.1.2 Kone Elevator Product Specification
16.1.3 Kone Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Hitachi
16.2.1 Hitachi Company Profile
16.2.2 Hitachi Elevator Product Specification
16.2.3 Hitachi Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Mitsubishi Electric
16.3.1 Mitsubishi Electric Company Profile
16.3.2 Mitsubishi Electric Elevator Product Specification
16.3.3 Mitsubishi Electric Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Otis Elevator Company
16.4.1 Otis Elevator Company Company Profile
16.4.2 Otis Elevator Company Elevator Product Specification
16.4.3 Otis Elevator Company Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Schindler
16.5.1 Schindler Company Profile
16.5.2 Schindler Elevator Product Specification
16.5.3 Schindler Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 ThyssenKrupp
16.6.1 ThyssenKrupp Company Profile
16.6.2 ThyssenKrupp Elevator Product Specification
16.6.3 ThyssenKrupp Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 XIOLIFT
16.7.1 XIOLIFT Company Profile
16.7.2 XIOLIFT Elevator Product Specification
16.7.3 XIOLIFT Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 Volkslift Schindler
16.8.1 Volkslift Schindler Company Profile
16.8.2 Volkslift Schindler Elevator Product Specification
16.8.3 Volkslift Schindler Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Canny Elevator
16.9.1 Canny Elevator Company Profile
16.9.2 Canny Elevator Elevator Product Specification
16.9.3 Canny Elevator Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 Fujitec
16.10.1 Fujitec Company Profile
16.10.2 Fujitec Elevator Product Specification
16.10.3 Fujitec Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Yungtay Engineering
16.11.1 Yungtay Engineering Company Profile
16.11.2 Yungtay Engineering Elevator Product Specification
16.11.3 Yungtay Engineering Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 Guangri Elevator
16.12.1 Guangri Elevator Company Profile
16.12.2 Guangri Elevator Elevator Product Specification
16.12.3 Guangri Elevator Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Toshiba
16.13.1 Toshiba Company Profile
16.13.2 Toshiba Elevator Product Specification
16.13.3 Toshiba Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 SJEC
16.14.1 SJEC Company Profile
16.14.2 SJEC Elevator Product Specification
16.14.3 SJEC Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Edunburgh Elevator
16.15.1 Edunburgh Elevator Company Profile
16.15.2 Edunburgh Elevator Elevator Product Specification
16.15.3 Edunburgh Elevator Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 Hyundai Elevator
16.16.1 Hyundai Elevator Company Profile
16.16.2 Hyundai Elevator Elevator Product Specification
16.16.3 Hyundai Elevator Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 Suzhou Diao Elevator
16.17.1 Suzhou Diao Elevator Company Profile
16.17.2 Suzhou Diao Elevator Elevator Product Specification
16.17.3 Suzhou Diao Elevator Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 ZJML
16.18.1 ZJML Company Profile
16.18.2 ZJML Elevator Product Specification
16.18.3 ZJML Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.19 Syney
16.19.1 Syney Company Profile
16.19.2 Syney Elevator Product Specification
16.19.3 Syney Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.20 IFE
16.20.1 IFE Company Profile
16.20.2 IFE Elevator Product Specification
16.20.3 IFE Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.21 DNDT
16.21.1 DNDT Company Profile
16.21.2 DNDT Elevator Product Specification
16.21.3 DNDT Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.22 CNYD
16.22.1 CNYD Company Profile
16.22.2 CNYD Elevator Product Specification
16.22.3 CNYD Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.23 SRH
16.23.1 SRH Company Profile
16.23.2 SRH Elevator Product Specification
16.23.3 SRH Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.24 Joylive
16.24.1 Joylive Company Profile
16.24.2 Joylive Elevator Product Specification
16.24.3 Joylive Elevator Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Elevator Manufacturing Cost Analysis
17.1 Elevator Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Elevator
17.4 Elevator Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Elevator Distributors List
18.3 Elevator Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Elevator (2023-2032)
20.2 Global Forecasted Revenue of Elevator (2023-2032)
20.3 Global Forecasted Price of Elevator (2017-2032)
20.4 Global Forecasted Production of Elevator by Region (2023-2032)
20.4.1 North America Elevator Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Elevator Production, Revenue Forecast (2023-2032)
20.4.3 Europe Elevator Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Elevator Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Elevator Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Elevator Production, Revenue Forecast (2023-2032)
20.4.7 Africa Elevator Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Elevator Production, Revenue Forecast (2023-2032)
20.4.9 South America Elevator Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Elevator Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Elevator by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Elevator by Country
21.2 East Asia Market Forecasted Consumption of Elevator by Country
21.3 Europe Market Forecasted Consumption of Elevator by Countriy
21.4 South Asia Forecasted Consumption of Elevator by Country
21.5 Southeast Asia Forecasted Consumption of Elevator by Country
21.6 Middle East Forecasted Consumption of Elevator by Country
21.7 Africa Forecasted Consumption of Elevator by Country
21.8 Oceania Forecasted Consumption of Elevator by Country
21.9 South America Forecasted Consumption of Elevator by Country
21.10 Rest of the world Forecasted Consumption of Elevator by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Conduct frequent client communications
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  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
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  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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