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Global Elevators Modernization Market Analysis & Trends - Industry Forecast to 2025

The Global Elevators Modernization Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $13.92 billion by 2025.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
US
Canada
Mexico

Europe
France
Germany
Italy
Spain
UK
Rest of Europe

Asia Pacific
China
Japan
India
Australia
New Zealand
Rest of Asia Pacific

Middle East
Saudi Arabia
UAE
Rest of Middle East

Latin America
Argentina
Brazil
Rest of Latin America

Rest of the World
Africa
Caribbean

Report Highlights:
The report provides a detailed analysis on current and future market trends to identify the investment opportunities
Market forecasts till 2025, using estimated market values as the base numbers
Key market trends across the business segments, Regions and Countries
Key developments and strategies observed in the market
Market Dynamics such as Drivers, Restraints, Opportunities and other trends
In-depth company profiles of key players and upcoming prominent players
Growth prospects among the emerging nations through 2025
Market opportunities and recommendations for new investments


1 Market Outline
1.1 Research Methodology
1.1.1 Research Approach & Sources
1.2 Market Trends
1.3 Regulatory Factors
1.4 End User Analysis
1.5 Strategic Benchmarking
1.6 Opportunity Analysis
2 Executive Summary
3 Market Overview
3.1 Current Trends
3.1.1 Quick urbanization
3.1.2 Growing perception about safety and security
3.1.3 Recent technological developments of Elevators Modernization
3.1.4 Growth Opportunities/Investment Opportunities
3.2 Drivers
3.3 Constraints
3.4 Industry Attractiveness
3.4.1 Bargaining power of suppliers
3.4.2 Bargaining power of buyers
3.4.3 Threat of substitutes
3.4.4 Threat of new entrants
3.4.5 Competitive rivalry
4 Elevators Modernization Market, By Modernization Type
4.1 Full Modernization
4.1.1 Full Modernization Market Forecast to 2025 (US$ MN)
4.2 Partial Modernization
4.2.1 Partial Modernization Market Forecast to 2025 (US$ MN)
5 Elevators Modernization Market, By Component
5.1 Power Units
5.1.1 Power Units Market Forecast to 2025 (US$ MN)
5.2 Cabin Enclosures
5.2.1 Cabin Enclosures Market Forecast to 2025 (US$ MN)
5.3 Controllers
5.3.1 Controllers Market Forecast to 2025 (US$ MN)
5.4 Signalling Fixtures
5.4.1 Signalling Fixtures Market Forecast to 2025 (US$ MN)
5.5 Door Equipment
5.5.1 Door Equipment Market Forecast to 2025 (US$ MN)
5.6 Other Components
5.6.1 Other Components Market Forecast to 2025 (US$ MN)
6 Elevators Modernization Market, By End-User
6.1 Transportation
6.1.1 Transportation Market Forecast to 2025 (US$ MN)
6.2 Industrial
6.2.1 Industrial Market Forecast to 2025 (US$ MN)
6.3 Residential Buildings
6.3.1 Residential Buildings Market Forecast to 2025 (US$ MN)
6.4 Institutional
6.4.1 Institutional Market Forecast to 2025 (US$ MN)
6.5 Marine
6.5.1 Marine Market Forecast to 2025 (US$ MN)
6.6 Commercial
6.6.1 Commercial Market Forecast to 2025 (US$ MN)
6.6.1.1 Offices
6.6.1.1.1 Offices Market Forecast to 2025 (US$ MN)
6.6.1.2 Malls
6.6.1.2.1 Malls Market Forecast to 2025 (US$ MN)
6.6.1.3 Hotels
6.6.1.3.1 Hotels Market Forecast to 2025 (US$ MN)
6.7 Other End Users
6.7.1 Other End Users Market Forecast to 2025 (US$ MN)
7 Elevators Modernization Market, By Elevator Type
7.1 Hydraulic
7.1.1 Hydraulic Elevator Market Forecast to 2025 (US$ MN)
7.2 Traction
7.2.1 Traction Elevator Market Forecast to 2025 (US$ MN)
8 Elevators Modernization Market, By Geography
8.1 North America
8.1.1 North America Market Forecast by Countries to 2025 (US$ MN)
8.1.1.1 US
8.1.1.2 Canada
8.1.1.3 Mexico
8.2 Europe
8.2.1 Europe Market Forecast by Countries to 2025 (US$ MN)
8.2.1.1 France
8.2.1.2 Germany
8.2.1.3 Italy
8.2.1.4 Spain
8.2.1.5 UK
8.2.1.6 Rest of Europe
8.3 Asia Pacific
8.3.1 Asia Pacific Market Forecast by Countries to 2025 (US$ MN)
8.3.1.1 China
8.3.1.2 Japan
8.3.1.3 India
8.3.1.4 Australia
8.3.1.5 New Zealand
8.3.1.6 Rest of Asia
8.4 Middle East
8.4.1 Middle East Market Forecast by Countries to 2025 (US$ MN)
8.4.1.1 Saudi Arabia
8.4.1.2 UAE
8.4.1.3 Rest of Middle East
8.5 Latin America
8.5.1 Latin America Market Forecast by Countries to 2025 (US$ MN)
8.5.1.1 Argentina
8.5.1.2 Brazil
8.5.1.3 Rest of Latin America
8.6 Rest of the World (RoW)
8.6.1 RoW Market Forecast by Countries to 2025 (US$ MN)
8.6.1.1 Africa
8.6.1.2 Caribbean
9 Key Player Activities
9.1 Acquisitions & Mergers
9.2 Agreements, Partnerships, Collaborations and Joint Ventures
9.3 Product Launch & Expansions
9.4 Other Activities
10 Leading Companies
10.1 Hitachi Ltd
10.2 Hyundai Elevator Co., Ltd.
10.3 Doppler S.A.
10.4 Fujitec Co.,Ltd
10.5 Sematic S.p.A
10.6 ThyssenKrupp Elevator AG
10.7 Schindler Group
10.8 Johnson Lifts Private Ltd
10.9 Magnetek, Inc.
10.10 Richmond Elevator (REM)
10.11 Wittur Group
10.12 Mitsubishi Electric
10.13 Otis Elevator Company
10.14KONE Corporation
10.15 Toshiba Elevator and Building Systems Corporation (TOSHIBA)
List of Tables
Table 1 Global Elevators Modernization Market By Region, Market Forecast (2014-2025) (US$ MN)
Table 2 Global Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 3 Global Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 4 Global Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 5 Global Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 6 Global Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 7 Global Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 8 Global Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 9 Global Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 10 Global Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 11 Global Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 12 Global Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 13 Global Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 14 Global Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 15 Global Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 16 Global Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 17 Global Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 18 Global Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 19 Global Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 20 Global Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 21 Global Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 22 Global Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 23 Global Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 24 Global Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 25 Global Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 26 North America Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 27 North America Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 28 North America Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 29 North America Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 30 North America Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 31 North America Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 32 North America Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 33 North America Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 34 North America Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 35 North America Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 36 North America Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 37 North America Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 38 North America Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 39 North America Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 40 North America Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 41 North America Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 42 North America Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 43 North America Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 44 North America Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 45 North America Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 46 North America Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 47 North America Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 48 North America Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 49 North America Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 50 North America Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 51 Europe Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 52 Europe Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 53 Europe Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 54 Europe Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 55 Europe Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 56 Europe Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 57 Europe Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 58 Europe Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 59 Europe Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 60 Europe Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 61 Europe Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 62 Europe Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 63 Europe Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 64 Europe Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 65 Europe Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 66 Europe Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 67 Europe Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 68 Europe Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 69 Europe Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 70 Europe Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 71 Europe Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 72 Europe Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 73 Europe Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 74 Europe Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 75 Europe Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 76 Asia Pacific Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 77 Asia Pacific Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 78 Asia Pacific Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 79 Asia Pacific Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 80 Asia Pacific Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 81 Asia Pacific Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 82 Asia Pacific Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 83 Asia Pacific Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 84 Asia Pacific Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 85 Asia Pacific Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 86 Asia Pacific Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 87 Asia Pacific Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 88 Asia Pacific Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 89 Asia Pacific Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 90 Asia Pacific Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 91 Asia Pacific Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 92 Asia Pacific Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 93 Asia Pacific Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 94 Asia Pacific Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 95 Asia Pacific Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 96 Asia Pacific Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 97 Asia Pacific Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 98 Asia Pacific Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 99 Asia Pacific Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 100 Asia Pacific Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 101 Middle East Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 102 Middle East Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 103 Middle East Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 104 Middle East Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 105 Middle East Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 106 Middle East Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 107 Middle East Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 108 Middle East Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 109 Middle East Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 110 Middle East Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 111 Middle East Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 112 Middle East Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 113 Middle East Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 114 Middle East Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 115 Middle East Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 116 Middle East Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 117 Middle East Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 118 Middle East Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 119 Middle East Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 120 Middle East Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 121 Middle East Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 122 Middle East Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 123 Middle East Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 124 Middle East Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 125 Middle East Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 126 Latin America Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 127 Latin America Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 128 Latin America Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 129 Latin America Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 130 Latin America Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 131 Latin America Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 132 Latin America Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 133 Latin America Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 134 Latin America Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 135 Latin America Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 136 Latin America Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 137 Latin America Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 138 Latin America Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 139 Latin America Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 140 Latin America Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 141 Latin America Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 142 Latin America Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 143 Latin America Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 144 Latin America Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 145 Latin America Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 146 Latin America Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 147 Latin America Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 148 Latin America Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 149 Latin America Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 150 Latin America Elevators Modernization Market By Traction, Market Forecast (2014-2025)
Table 151 RoW Elevators Modernization Market By Country, Market Forecast (2014-2025) (US$ MN)
Table 152 RoW Elevators Modernization Market By Modernization Type, Market Forecast (2014-2025)
Table 153 RoW Elevators Modernization Market By Full Modernization, Market Forecast (2014-2025)
Table 154 RoW Elevators Modernization Market By Partial Modernization, Market Forecast (2014-2025)
Table 155 RoW Elevators Modernization Market By Component, Market Forecast (2014-2025)
Table 156 RoW Elevators Modernization Market By Power Units, Market Forecast (2014-2025)
Table 157 RoW Elevators Modernization Market By Cabin Enclosures, Market Forecast (2014-2025)
Table 158 RoW Elevators Modernization Market By Controllers, Market Forecast (2014-2025)
Table 159 RoW Elevators Modernization Market By Signalling Fixtures, Market Forecast (2014-2025)
Table 160 RoW Elevators Modernization Market By Door Equipment, Market Forecast (2014-2025)
Table 161 RoW Elevators Modernization Market By Other Components , Market Forecast (2014-2025)
Table 162 RoW Elevators Modernization Market By End-User, Market Forecast (2014-2025)
Table 163 RoW Elevators Modernization Market By Transportation, Market Forecast (2014-2025)
Table 164 RoW Elevators Modernization Market By Industrial, Market Forecast (2014-2025)
Table 165 RoW Elevators Modernization Market By Residential Buildings, Market Forecast (2014-2025)
Table 166 RoW Elevators Modernization Market By Institutional, Market Forecast (2014-2025)
Table 167 RoW Elevators Modernization Market By Marine, Market Forecast (2014-2025)
Table 168 RoW Elevators Modernization Market By Commercial, Market Forecast (2014-2025)
Table 169 RoW Elevators Modernization Market By Offices, Market Forecast (2014-2025)
Table 170 RoW Elevators Modernization Market By Malls, Market Forecast (2014-2025)
Table 171 RoW Elevators Modernization Market By Hotels, Market Forecast (2014-2025)
Table 172 RoW Elevators Modernization Market By Other End Users, Market Forecast (2014-2025)
Table 173 RoW Elevators Modernization Market By Elevator Type , Market Forecast (2014-2025)
Table 174 RoW Elevators Modernization Market By Hydraulic, Market Forecast (2014-2025)
Table 175 RoW Elevators Modernization Market By Traction, Market Forecast (2014-2025)

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