Product Code: IRTNTR76092
The strategic assessment of emerging technologies in the elevator and escalator market is forecasted to grow by USD 60.75 bn during 2022-2027, accelerating at a CAGR of 8.92% during the forecast period. The report on the strategic assessment of emerging technologies in the elevator and escalator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing urbanization and infrastructure development, changing consumer preferences, and rising awareness of smart elevators and escalators.
Technavio's strategic assessment of emerging technologies in the elevator and escalator market is segmented as below:
By Product
By Application
- Commercial
- Residential
- Industrial
By Geography
- APAC
- Europe
- Middle East and Africa
- North America
- South America
This study identifies the increasing focus on sustainability and energy efficiency as one of the prime reasons driving the strategic assessment of emerging technologies in elevator and escalator market growth during the next few years. Also, use of regenerative drives in elevators and escalators and growing technological advancements in elevators and escalators will lead to sizable demand in the market.
The report on the strategic assessment of emerging technologies in elevator and escalator market covers the following areas:
- Strategic assessment of emerging technologies in elevator and escalator market sizing
- Strategic assessment of emerging technologies in elevator and escalator market forecast
- Strategic assessment of emerging technologies in elevator and escalator market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading strategic assessment of emerging technologies in elevator and escalator market vendors that include Braun Elevator, Brobeil Aufzuge GmbH and Co.KG, ESCON Elevators Pvt. Ltd., Fuji Electric Co. Ltd., Fuji Elevators Co., Fujitec Co. Ltd., HIRO LIFT Hillenkotter and Ronsieck GmbH, Hitachi Ltd., Hyundai Elevator Co. Ltd., Kohler Co., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Savaria Corp., SCHAEFER GmbH, Schindler Holding Ltd., thyssenkrupp AG, Toshiba Corp., Weidmuller Interface GmbH and Co. KG, and WITTUR HOLDING GmbH. Also, the strategic assessment of emerging technologies in elevator and escalator market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market by Geography
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary - Chart on Incremental Growth
- Exhibit 07: Executive Summary - Data Table on Incremental Growth
- Exhibit 08: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global strategic assessment of emerging technologies in elevator and escalator market 2017 - 2021
- Exhibit 17: Historic Market Size - Data Table on global strategic assessment of emerging technologies in elevator and escalator market 2017 - 2021 ($ billion)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 18: Historic Market Size - Product Segment 2017 - 2021 ($ billion)
- 4.3 Geography Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
- 4.4 Country Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size - Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 21: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 22: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 23: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 24: Threat of new entrants - Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 25: Threat of substitutes - Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 26: Threat of rivalry - Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 27: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 28: Chart on Product - Market share 2022-2027 (%)
- Exhibit 29: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 30: Chart on Comparison by Product
- Exhibit 31: Data Table on Comparison by Product
- 6.3 Elevators - Market size and forecast 2022-2027
- Exhibit 32: Chart on Elevators - Market size and forecast 2022-2027 ($ billion)
- Exhibit 33: Data Table on Elevators - Market size and forecast 2022-2027 ($ billion)
- Exhibit 34: Chart on Elevators - Year-over-year growth 2022-2027 (%)
- Exhibit 35: Data Table on Elevators - Year-over-year growth 2022-2027 (%)
- 6.4 Escalators - Market size and forecast 2022-2027
- Exhibit 36: Chart on Escalators - Market size and forecast 2022-2027 ($ billion)
- Exhibit 37: Data Table on Escalators - Market size and forecast 2022-2027 ($ billion)
- Exhibit 38: Chart on Escalators - Year-over-year growth 2022-2027 (%)
- Exhibit 39: Data Table on Escalators - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Product
- Exhibit 40: Market opportunity by Product ($ billion)
- Exhibit 41: Data Table on Market opportunity by Product ($ billion)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 42: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 43: Chart on Market share by geography 2022-2027 (%)
- Exhibit 44: Data Table on Market share by geography 2022-2027 (%)
- 8.2 Geographic comparison
- Exhibit 45: Chart on Geographic comparison
- Exhibit 46: Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2022-2027
- Exhibit 47: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 8.4 Europe - Market size and forecast 2022-2027
- Exhibit 51: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 8.5 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 55: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 56: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 57: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 8.6 North America - Market size and forecast 2022-2027
- Exhibit 59: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 60: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 8.7 South America - Market size and forecast 2022-2027
- Exhibit 63: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 8.8 China - Market size and forecast 2022-2027
- Exhibit 67: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on China - Year-over-year growth 2022-2027 (%)
- 8.9 India - Market size and forecast 2022-2027
- Exhibit 71: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on India - Year-over-year growth 2022-2027 (%)
- 8.10 Germany - Market size and forecast 2022-2027
- Exhibit 75: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 8.11 Japan - Market size and forecast 2022-2027
- Exhibit 79: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 8.12 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 8.13 Market opportunity by geography
- Exhibit 87: Market opportunity by geography ($ billion)
- Exhibit 88: Data Tables on Market opportunity by geography ($ billion)
9 Drivers, Challenges, and Trends
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Exhibit 89: Impact of drivers and challenges in 2022 and 2027
- 9.4 Market trends
10 Vendor Landscape
- 10.1 Overview
- 10.2 Vendor landscape
- Exhibit 90: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 91: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 92: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 93: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 94: Matrix on vendor position and classification
- 11.3 Braun Elevator
- Exhibit 95: Braun Elevator - Overview
- Exhibit 96: Braun Elevator - Product / Service
- Exhibit 97: Braun Elevator - Key offerings
- 11.4 Brobeil Aufzuge GmbH and Co.KG
- Exhibit 98: Brobeil Aufzuge GmbH and Co.KG - Overview
- Exhibit 99: Brobeil Aufzuge GmbH and Co.KG - Product / Service
- Exhibit 100: Brobeil Aufzuge GmbH and Co.KG - Key offerings
- 11.5 ESCON Elevators Pvt. Ltd.
- Exhibit 101: ESCON Elevators Pvt. Ltd. - Overview
- Exhibit 102: ESCON Elevators Pvt. Ltd. - Product / Service
- Exhibit 103: ESCON Elevators Pvt. Ltd. - Key offerings
- 11.6 Fuji Electric Co. Ltd.
- Exhibit 104: Fuji Electric Co. Ltd. - Overview
- Exhibit 105: Fuji Electric Co. Ltd. - Business segments
- Exhibit 106: Fuji Electric Co. Ltd. - Key offerings
- Exhibit 107: Fuji Electric Co. Ltd. - Segment focus
- 11.7 Fujitec Co. Ltd.
- Exhibit 108: Fujitec Co. Ltd. - Overview
- Exhibit 109: Fujitec Co. Ltd. - Business segments
- Exhibit 110: Fujitec Co. Ltd. - Key offerings
- Exhibit 111: Fujitec Co. Ltd. - Segment focus
- 11.8 HIRO LIFT Hillenkotter and Ronsieck GmbH
- Exhibit 112: HIRO LIFT Hillenkotter and Ronsieck GmbH - Overview
- Exhibit 113: HIRO LIFT Hillenkotter and Ronsieck GmbH - Product / Service
- Exhibit 114: HIRO LIFT Hillenkotter and Ronsieck GmbH - Key offerings
- 11.9 Hitachi Ltd.
- Exhibit 115: Hitachi Ltd. - Overview
- Exhibit 116: Hitachi Ltd. - Business segments
- Exhibit 117: Hitachi Ltd. - Key news
- Exhibit 118: Hitachi Ltd. - Key offerings
- Exhibit 119: Hitachi Ltd. - Segment focus
- 11.10 Hyundai Elevator Co. Ltd.
- Exhibit 120: Hyundai Elevator Co. Ltd. - Overview
- Exhibit 121: Hyundai Elevator Co. Ltd. - Product / Service
- Exhibit 122: Hyundai Elevator Co. Ltd. - Key news
- Exhibit 123: Hyundai Elevator Co. Ltd. - Key offerings
- 11.11 Kohler Co.
- Exhibit 124: Kohler Co. - Overview
- Exhibit 125: Kohler Co. - Product / Service
- Exhibit 126: Kohler Co. - Key news
- Exhibit 127: Kohler Co. - Key offerings
- 11.12 KONE Corp.
- Exhibit 128: KONE Corp. - Overview
- Exhibit 129: KONE Corp. - Product / Service
- Exhibit 130: KONE Corp. - Key news
- Exhibit 131: KONE Corp. - Key offerings
- 11.13 Mitsubishi Electric Corp.
- Exhibit 132: Mitsubishi Electric Corp. - Overview
- Exhibit 133: Mitsubishi Electric Corp. - Business segments
- Exhibit 134: Mitsubishi Electric Corp. - Key news
- Exhibit 135: Mitsubishi Electric Corp. - Key offerings
- Exhibit 136: Mitsubishi Electric Corp. - Segment focus
- 11.14 Otis Worldwide Corp.
- Exhibit 137: Otis Worldwide Corp. - Overview
- Exhibit 138: Otis Worldwide Corp. - Business segments
- Exhibit 139: Otis Worldwide Corp. - Key news
- Exhibit 140: Otis Worldwide Corp. - Key offerings
- Exhibit 141: Otis Worldwide Corp. - Segment focus
- 11.15 Schindler Holding Ltd.
- Exhibit 142: Schindler Holding Ltd. - Overview
- Exhibit 143: Schindler Holding Ltd. - Product / Service
- Exhibit 144: Schindler Holding Ltd. - Key news
- Exhibit 145: Schindler Holding Ltd. - Key offerings
- 11.16 thyssenkrupp AG
- Exhibit 146: thyssenkrupp AG - Overview
- Exhibit 147: thyssenkrupp AG - Business segments
- Exhibit 148: thyssenkrupp AG - Key offerings
- Exhibit 149: thyssenkrupp AG - Segment focus
- 11.17 Toshiba Corp.
- Exhibit 150: Toshiba Corp. - Overview
- Exhibit 151: Toshiba Corp. - Business segments
- Exhibit 152: Toshiba Corp. - Key news
- Exhibit 153: Toshiba Corp. - Key offerings
- Exhibit 154: Toshiba Corp. - Segment focus
12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Exhibit 155: Inclusions checklist
- Exhibit 156: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 157: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 158: Research methodology
- Exhibit 159: Validation techniques employed for market sizing
- Exhibit 160: Information sources
- 12.5 List of abbreviations
- Exhibit 161: List of abbreviations