Elevator and Escalator Market in India - Industry Analysis 2015-2019

October 2015
66 pages
Infiniti Research Limited

Report ID: 3334915

Summary

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About elevators and escalators
Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. They are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the elevator and escalator market in India to grow at a CAGR of 15.12%, in terms of newly installed units, over the period 2014-2019.

Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the elevator and escalator market in India for the period 2015-2019. To calculate the market size, the report considers the number of new elevator and escalator units installed in the country. Also, the report presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in India and the challenges faced by the vendors and the market at large, as well as the key trends in the market.

Key customer segments
- Commercial customers
- Non-commercial customers

Key Vendors
- Johnson Lifts
- KONE India
- Mitsubishi Elevator India
- Otis India
- Schindler Elevators India

Other prominent vendors
- Express Lifts
- Hitachi Lift India
- Kinetic Hyundai Elevator
- ThyssenKrupp Elevator

Market driver
- Widespread growth of construction market
- For a full, detailed list, view our report

Market challenge
- Shortage of skilled labor
- For a full, detailed list, view our report

Market trend
- Adoption of green elevators and escalators
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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