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Elevator and Escalator Market in Argentina 2015-2019

About elevators and escalators

Elevators and escalators are positioned in buildings for the efficient movement of people and goods within these buildings premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the elevator and escalator market in Argentina to grow at a CAGR of 4.94%, in terms of newly installed units, over the period 2014-2019.

Covered in this report

In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in Argentina for 2015-2019. To calculate the market size, the report considers the number of new elevator and escalator units installed in the country. The report also 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 Argentina, outlines the challenges faced by the vendors and the market at large, and highlights the key trends in the market.

Key customer segments
Commercial Customers
Non-commercial Customers
Key vendors
Mitsubishi Electric
Otis
Schindler Elevators
ThyssenKrupp Elevators

Other prominent vendors
Ascensores Condor
Ascensores Servas
Ascensores Simonelli
Idemver Argentina
Sigma Elevator

Market driver

Rise of tourism industry
For a full, detailed list, view our report

Market challenge

High cost of manufacturing and installation
For a full, detailed list, view our report

Market trend

Emergence of energy-efficient 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


Press Release

Technavio Announces the Publication of its Research Report Elevators and Escalators Market in Argentina 2015-2019

Technavio recognizes the following companies as the key players in the Elevators and Escalators Market in Argentina: Mitsubishi Electric, Otis Elevator, Schindler and ThyssenKrupp

Other Prominent Vendors in the market are: Ascensores Condor, Ascensores Servas, Ascensores Simonelli, Idemver Argentina,and Sigma Elevator.

Commenting on the report, an analyst from Technavios team said: Argentina has been seeing an increased preference for MRL and multipurpose elevators. With the rising urban and tourist population in the country, construction companies are aiming to expand the capacity of existing equipment to cater to the needs of the growing passenger traffic. Capacity expansion of elevators is a major concern of OEMs in Argentina, as construction companies need elevators that can accommodate more people without making structural changes to buildings.

According to the report, the elevator and escalator market in Argentina will be driven by factors such as the growth of the tourism industry. The international tourist population visiting the country is increasing, which will lead to the construction of new hotels and entertainment centers, fueling the growth of the market in the country.

Further, the report states that high manufacturing and installation costs may curtail market growth. The fluctuations in raw material prices also pose a threat to the market, as they lead to reduced profit margins for original equipment manufacturers (OEMs).

Companies Mentioned

Mitsubishi Electric, Otis Elevator, Schindler, ThyssenKrupp, Ascensores Condor, Ascensores Servas, Ascensores Simonelli, Idemver Argentina, Sigma Elevator.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market industry overview
    • Elevator and escalator overview
      • Table Classification of elevators
      • Table Classification of escalators
    • Life cycle of elevators and escalators
      • Table Life cycle of elevators and escalators
    • Supply chain of elevators and escalators in Argentina
      • Table Elevator and escalator market in Argentina: Supply chain
    • Key investment opportunities in elevator and escalator market in Argentina
      • Table Elevator and escalator market in Argentina: Key investment opportunities
  • Market landscape
    • Market overview
    • Market size and forecast
      • Table Elevator and escalator market in Argentina 2015-2019 (units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Elevator and escalator market in Argentina: Segmentation by new installations in 2014
      • Table Growth rate comparison for elevators and escalators 2014-2019
      • Table List of upcoming high-rise construction projects in Argentina
    • Elevator market in Argentina
      • Table Elevator market in Argentina 2014-2019 (units)
    • Escalator market in Argentina
      • Table Escalator market in Argentina 2014-2019 (units)
  • Market drivers
    • Table International tourist population in Argentina 2010-2013 (billions)
    • Table Argentina: Rate of urbanization
    • Table High-rise buildings constructed during 1996-2012 in Argentina
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Mitsubishi Electric
      • Table Mitsubishi Electric: Business segmentation by revenue 2014
      • Table Mitsubishi Electric: Geographical segmentation by revenue 2014
    • Otis Elevator
    • Schindler
      • Table Schindler: Geographical segmentation by revenue 2014
    • ThyssenKrupp
      • Table ThyssenKrupp: Business segmentation by revenue 2014
      • Table ThyssenKrupp: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table ThyssenKrupp: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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