Elevator and Escalator (E&E) Market: Focus on Smart Elevators to 2020

PUNE, India, September 28, 2016 /PRNewswire/ --

MarketReportsOnline.com adds Global Elevator & Escalator Market with Focus on Smart Elevators: Industry Analysis and Outlook (2016-2020) research report of 58 pages on the elevator & escalator industry to the manufacturing & construction intelligence collection of its research store.

Elevator is a type of vertical transportation that moves people or goods between floors, levels or decks of a building or other structure. There are primarily two types of elevators namely hydraulic elevators and electric elevators. The major product segments of elevators are gearless, geared hydraulic and machine-room-less elevators. An escalator is a moving staircase or a conveyor transport device for carrying people between floors of a building.

Complete report on smart elevator and escalator market spread across 58 pages providing 4 company profiles and 59 charts is now available at http://www.marketreportsonline.com/493302.html.

The major business segments of the elevators and escalators industry are new equipment, modernization and maintenance. In the supply chain of E&E market, there are Tier 1 and Tier 2 suppliers who supply the inputs to the manufacturers, which reach the final installation base through various distribution channels. Smart Elevators are advanced systems that allow vertical transportation in an automated framework. Smart elevators are designed to modify the simple act of traveling between floors.

The important factors which are anticipated to drive this elevator and escalator market include growing urbanization, increased old-age population, growing construction spending in emerging markets. Some of the significant trends of this industry include high demand for energy-efficient elevators and verticalization of cities. However, the growth of respective industry is confronted by price competition and stringent safety norms.

The global elevator and escalator market is highly competitive consisting of several large conglomerates including United Technologies Corporation, Kone Corporation, Thyssenkrupp and Schindler Holdings Ltd. The competitive landscape of the respective market and company profiling of the major players including companies' important growth strategies, business overview and financial position are also discussed for reference. The report is a must read for all those willing to invest in this area and trying to assess potential opportunities.

This research report, "Global Elevator & Escalator Market with Focus on Smart Elevators: Industry Analysis and Outlook (2016-2020)" provides a comprehensive study of global E&E market performance at present and future outlook and also a detailed study of its major regional markets such as those in Asia-Pacific, EMEA and the Americas. Furthermore, market dynamics such as key trends and development; and challenges are examined in depth.

Company Coverage of Elevator & Escalator Market: Kone Corporation, Schindler Holding Ltd., United Technologies Corporation & ThyssenKrupp AG. Purchase a copy of this elevator and escalator research report at http://www.marketreportsonline.com/contacts/purchase.php?name=493302.

Major Points from List of Charts: 

Life Cycle of the E&E Market Equipment

Supply Chain Analysis

Value Chain Analysis

Global E&E Market Revenue - Forecast (2016-2020)

Global E&E Market by Region (2015)

Global E&E Market by Segments (2015)

Global E&E Maintenance Revenue - Forecast (2015-2020)

Global E&E New Equipment Revenue - Forecast (2015-2020)

Global E&E Modernization Revenue - Forecast (2015-2020)

Global E&E New Equipment Installation Volume - Forecast (2016-2020)

Global E&E Installed Base Volume - Forecast (2016-2020)

Asia-Pacific E&E Market by Value - Forecast (2015-2020)

Asia-Pacific E&E Market by Category (2015)

China E&E Installed Base Volume - Forecast (2016-2020)

China E&E New Installation Volume - Forecast (2015-2020)

Japan and Korea E&E Installed Base Volume - Forecast (2016-2020)

Assessment of the Middle East, Africa & India Elevator Market 2016: The global elevator and escalator market was valued at USD 86 billion in 2012 and is expected to grow steadily spurred by robust demand from Asia. The Asian countries are investing in their infrastructure, particularly public transportation and airports, and this has lead to a rise in demand for new elevator and escalator installations. China is the world's largest elevator producer and consumer. In 2013, the country had the largest share of new elevator and escalator installations, contributing 67% to global installations. Demand from the region is expected is expected to grow strongly through 2017. Inquire for a discount on this elevator and escalator market research report at http://www.marketreportsonline.com/contacts/discount.php?name=497130.

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