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Snapshot: Indian Elevator Industry

  • May 2014
  • -
  • Madras Consultancy Group
  • -
  • 6 pages

Economic growth and rapid urbanisation have accelerated the demand for housing and commercial spaces in metros as well as Tier II and Tier III cities across India. The country has emerged as the second major market for elevators in the world, next only to China and the country exhibits potential for further sustained growth, over the coming decade. The elevator market in India grew from 35,000 elevators in 2010 to 52,600 elevators in 2013.

This note on Indian Elevator Industry has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers of the Indian Elevator Industry.
This report can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Indian Elevator Industry. Senior managers, apart from gaining insight into the Indian Elevator Industry sector, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners

Table Of Contents

Snapshot: Indian Elevator Industry
A. Introduction
B. Market Overview
B.1 Elevator market in India
B.2 Break-up by Region
C. Market Segmentation
C.1 Elevator Market by Type
C.1.1 Passenger lifts
C.1.2 Home lifts
C.1.3 Freight / Bed
C.1.4 Automobile lifts
D. Demand for elevators
E. Major end-user segments of elevators
E.1 Industrial / Infrastructure
E.2 Commercial
E.3 Residential
F. Key Players
G. Recent Developments
H. Elevator Components Industry
List of Figures
Figure1: Product Segmentation
Figure2: Elevator Market in India: Growth trends, 2001-2013 (Nos.)
Figure3: Elevator Market: Break-up by Region, (%), 2013
Figure4: Elevator Market: Breakup by Type, (%), 2013
Figure5: Passenger Elevator: Market by End-use Segment, (%), 2013


Companies Mentioned

Adams Elevators
Alps Technologies
Atlanta Elevators
Bharat Bijlee
BMW Gears
City Lifts
Concord Elevator
DD Hitech
DSA Electro Controls
ECHAR Enterprises
Eros Elevators
Escon Elevators
Eskay Elevators
Fermator
Fujitec
Hallmark Lifts
Hephzi Elevators
Hitachi
Hi-Tech Elevators
Johnson
Kinetic Hyundai
Kone
Mabara
MAS Industries
Maxton Group
Micro Steel Craft
Mitsubishi ETA
Monteferro
Ojala
Omega Elevators
Otis
Pepperl + Fuchs
Prabhu Laser
Prima Steel
Prisma DSA
Raini Industries
Schindler
Schmersal
Sematic Group
T L Jones
ThyssenKrupp
Toshiba
Wittur

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