Elevator and Escalator Market in APAC 2018-2022

Elevator and Escalator Market in APAC 2018-2022

About this market

The rapid urbanization and rising population are some of the factors responsible for the growth of megacities in this region. The region has efficient public infrastructure for mass transportation is required for this high population in these megacities. The countries in Asia are planning to build metro rails in urban areas to reduce traffic congestion and improve transportation facilities. The metro project in the region and real estate investments around these projects will propel the demand for elevators and escalators. Therefore, the growing high-speed metro projects are one of the major factors driving elevators and escalators market growth in APAC at a CAGR of over 8% during the forecast period.

Market Overview

Growing high- speed metro projects

The new projects will create demand for elevators and escalators. Real estate investment in the vicinity of these metro rail stations will also create a demand for the market.

Volatile raw materials prices

A rise in the price of the steel would adversely impact the profit margins of the vendors. Increasing raw material prices and the addition of advanced technologies in the equipment augment the price of raw material.

For the detailed list of factors that will drive and challenge the growth of the elevator and escalator market in APAC during the 2018-2022, view our report.

Competitive Landscape

The elevator and escalator market in APAC is fairly concentrated with the presence of several companies competing for the market share. Vendors in the market are integrating cognitive analytics with elevators and escalators which would help them to monitor these machines in different locations. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global elevator and escalator market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Market size and forecast 2017-2022 (mn units)
      • Table Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product – Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Elevator – Market size and forecast 2017-2022
      • Table Elevator – Market size and forecast 2017-2022 ( mn units)
      • Table Elevator – Year-over-year growth 2018-2022 (%)
    • Escalator – Market size and forecast 2017-2022
      • Table Escalator – Market size and forecast 2017-2022 ( mn units)
      • Table Escalator – Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user – Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Residential – Market size and forecast 2017-2022
      • Table Residential – Market size and forecast 2017-2022 (mn units)
      • Table Residential – Year-over-year growth 2018-2022 (%)
    • Non-residential – Market size and forecast 2017- 2022
      • Table Non-residential – Market size and forecast 2017-2022 (mn units)
      • Table Non-residential – Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Key leading countries
      • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Cumulative stainless steel 316 prices ($/tons)
  • Market trends
    • Emerging energy-efficient elevators
    • Introduction of smart elevators
    • Advances in elevator and escalator technology
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • FUJITEC
      • Table FUJITEC – Overview
      • Table FUJITEC – Business segments
      • Table FUJITEC – Organizational developments
      • Table FUJITEC - Segment focus
      • Table FUJITEC – Key offerings
    • Hitachi
      • Table Hitachi – Overview
      • Table Hitachi – Business segments
      • Table Hitachi – Organizational developments
      • Table Hitachi – Geographic focus
      • Table Hitachi – Segment focus
      • Table Hitachi – Key offerings
    • HYUNDAI ELEVATOR
      • Table HYUNDAI ELEVATOR – Overview
      • Table HYUNDAI ELEVATOR – Business segments
      • Table HYUNDAI ELEVATOR – Organizational developments
      • Table HYUNDAI ELEVATOR – Geographic focus
      • Table HYUNDAI ELEVATOR – Key offerings
    • KONE
      • Table KONE – Overview
      • Table KONE– Business segments
      • Table KONE – Organizational developments
      • Table KONE – Geographic focus
      • Table KONE – Segment focus
      • Table KONE – Key offerings
    • Mitsubishi Electric
      • Table Mitsubishi Electric – Vendor overview
      • Table Mitsubishi Electric– Business segments
      • Table Mitsubishi Electric – Organizational developments
      • Table Mitsubishi Electric – Geographic focus
      • Table Mitsubishi Electric – Segment focus
      • Table Mitsubishi Electric – Key offerings
    • Schindler
      • Table Schindler – Vendor overview
      • Table Schindler– Business segments
      • Table Schindler– Organizational developments
      • Table Schindler – Geographic focus
      • Table Schindler– Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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