Global Elevator & Escalator Industrial and Market studies with Focus on Smart Elevators: Industry Analysis (2016-2020)
"Global
Elevator & Escalator Market with Focus on Smart Elevators:
Industry Analysis (2016-2020)"
The Report covers current Market Trends, Worldwide Analysis, Global
Forecast, Review, Share, Size, Growth, Effect.
Description-
Elevator
is a type of vertical transport equipment that efficiently moves
people or goods between floors or levels of a building, vessel or any
other structure. There are mainly two types of elevators namely
hydraulic elevators and electric elevators. Escalator is a moving
staircase or a conveyor transport device for carrying people between
floors of a building. The device consists of a motor driven chain of
individual linked steps that move up or down on tracks, allowing the
step treads to remain horizontal.
The
E&E market comprises three main segments namely 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 innovative systems that allow vertical transportation
of goods or passengers in an automated framework. Smart elevators are
designed to modify the simple act of traveling between floors.
The
key factors which are anticipated to drive this market include
growing urbanization, increased old-age population, growing
construction spending in emerging markets. Some of the noteworthy
trends of this industry include high demand for energy-efficient
elevators and verticalization of cities. However, the growth of
respective industry is challenged by price competition and stringent
safety norms.
The
report provides a comprehensive study of global elevator and
escalator market and also major regional markets. Furthermore, market
dynamics such as key trends and development; and challenges are
analyzed in depth. The global elevator and escalator industry is
highly competitive consisting of several large enterprises including
the United Technologies Corporation, Kone Corporation, Thyssenkrupp
and Schindler Holdings Ltd. The competitive landscape of the
respective market, along with the company profiles of the leading
players are also discussed in detail.
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