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Elevator and Escalator Market in Germany 2017-2021

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Classification of elevators
      • Table Classification of escalators
      • Table Product growth matrix 2016-2021
      • Table Values represented in product growth matrix
      • Table Service segment growth matrix 2016-2021
      • Table Values represented in service segment growth matrix
  • Market landscape
    • Market overview
      • Table German elevator and escalator market segmentation
    • Market size and forecast
      • Table Elevator and escalator market in Germany 2016-2021 ($ millions)
      • Table Proposed high-rise residential buildings
      • Table Total air passenger transport by Germany in 2016 (millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Elevator and escalator market in Germany by product
      • Table Elevator and escalator market in Germany by product 2016 and 2021 (%)
    • Elevator market in Germany
      • Table Elevator market in Germany 2016-2021 ($ millions)
    • Escalator market in Germany
      • Table Escalator market in Germany 2016-2021 ($ millions)
      • Table List of construction projects expected to boost escalator market in Germany
  • Market Segmentation by service
    • Elevator and escalator market in Germany by service
      • Table Elevator and escalator market in Germany by service 2016 and 2021 (%)
    • Elevator and escalator market in Germany by maintenance segment
      • Table Elevator and escalator market in Germany by maintenance segment 2016-2021 ($ millions)
    • Elevator and escalator market in Germany by new installations segment
      • Table Elevator and escalator market in Germany by new installations segment 2016-2021 ($ millions)
      • Table Permits growth rate for new building construction in Germany (2012-2015)
    • Elevator and escalator market in Germany by modernization segment
      • Table Elevator and escalator market in Germany by modernization segment 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Net occupancy rate of bedrooms in hotels in Germany 2012-2015 (%)
      • Table Percentage change in nights spent at tourist accommodation establishments in Germany
      • Table Changes in new standards for elevators and escalators to improve safety of passengers
      • Table Changes in new standards for elevators and escalators to help maintenance personnel
      • Table Increasing urban population in Germany 1990-2015 (%)
    • Impact of drivers on key service segments
      • Table Impact of drivers
    • Market challenges
      • Table Electricity prices in Germany 2005-2016 ($ per kWh)
      • Table Reasons for elevator accidents in Germany in 2016
      • Table Reasons for escalator accidents in Germany in 2016
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Rise of smart elevators
      • Table Parameters for destination dispatch technologies
    • Adoption of advanced materials for ropes
    • Modular moving walkways
    • Energy-efficient gears
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • Schindler
      • Table Otis Elevator: Various product offerings
      • Table Schindler: Recent developments
    • Otis Elevator
      • Table Otis Elevator: Product offerings
      • Table Otis Elevator: Recent developments
    • thyssenkrupp Aufzüge
      • Table thyssenkrupp Aufzüge: Product offerings
      • Table thyssenkrupp: Recent developments
    • KONE
      • Table KONE: Product offerings
      • Table KONE: Recent developments
    • Schmitt + Sohn
      • Table Schmitt + Sohn: Product offerings
      • Table Schmitt + Sohn: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

Elevator and Escalator Market in Germany 2017-2021

About Elevator and Escalator

Elevators and escalators are vertical transportation devices that help move people and goods easily and efficiently within a building. An elevator is a type of vertical transport equipment that efficiently moves passengers or goods between stories of a building, vessel, and other structures. Electric motors power these elevators. An escalator is a moving staircase or a conveyor transport equipment that moves passengers between stories of a building. Escalators include moving stairways and moving walkways. They include moving stairways and moving walkways. They are installed in commercial buildings, residential buildings, mixed-use buildings, education buildings, public transportation, healthcare, IT parks, hotels, restaurants, and retail outlets. They are also installed in parking areas to optimize the use of space.

Technavio’s analysts forecast the elevator and escalator market in Germany to grow at a CAGR of 5.26% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the elevator and escalator market in Germany for 2017-2021. To calculate the market size, the report considers the new installations, modernization, and maintenance services market.Technavio's report, Elevator and Escalator Market in Germany 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • KONE
  • Schindler
  • Otis Elevator
  • thyssenkrupp Aufzüge
  • Schmitt + Sohn
Other prominent vendors
  • 4E ENTERPRISE ELEVATOR & ESCALATOR
  • ENGINEERING
  • AAE Aufzugs-Anlagen-Engineering
  • A.R.G. (Schweiz)
  • AS Aufzug + Service (AS Elevator + Service)
  • Aufzug & Autoparksysteme Berlin
  • Brobeil Aufzüge
  • Friedrich Daniels
  • Fuji Electric
  • Fujitec
  • KOHLER Elevator
  • LUTZ Elevators
  • Mayland Aufzüge
  • Nunn Aufzuge
  • Omega Lifts
  • Wittur
Market driver
  • Increasing adoption of energy-efficient elevators and escalators
  • For a full, detailed list, view our report
Market challenge
  • Economic profitability of investments in energy-efficient systems
  • For a full, detailed list, view our report
Market trend
  • Adoption of advanced materials for ropes
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 – Elevator and Escalator Market in Germany 2017-2021
Technavio recognizes the following companies as the key players in the elevator and escalator market in Germany: KONE, Schindler, Otis Elevator, thyssenkrupp Aufzüge, and Schmitt + Sohn.
Other Prominent Vendors in the market are: 4E ENTERPRISE ELEVATOR & ESCALATOR, ENGINEERING, AAE Aufzugs-Anlagen-Engineering, A.R.G. (Schweiz), AS Aufzug + Service (AS Elevator + Service), Aufzug & Autoparksysteme Berlin, Brobeil Aufzüge, Friedrich Daniels, Fuji Electric, Fujitec, KOHLER Elevator, LUTZ Elevators, Mayland Aufzüge, Nunn Aufzuge, Omega Lifts, and Wittur.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is adoption of advanced materials for ropes. A variety of roping systems can be employed depending on the conditions of each installation (machine positioning, rated load and speed, and available space among others). Energy-efficient initiatives have led to innovations in the rope technology. Manufacturers are reducing the weight of the sheave, pulleys, and steel cable, as they have a significant effect on the energy consumption of lifts. The weight of ropes is becoming an increasingly important concern as building heights increase rapidly. Rope weight increases rather exponentially with height and can reach 50 to 70 tons to move just a few passengers in a high‐rise building.”
According to the report, one of the major drivers for this market is increasing adoption of energy-efficient elevators and escalators. As comfort requirements have increased, energy consumption in buildings has undergone a significant increase, which is one of the leading causes of CO₂ emissions. As per EUROPA, buildings in the European Union (EU) are responsible for approximately 40% of the total energy consumption and 36% of CO₂ emissions. Elevators and escalators are estimated to account for 1%-2% of the building energy in Germany.
Further, the report states that one of the major factors hindering the growth of this market is economic profitability of investments in energy-efficient systems. Most office supervisors look first to the lighting, warming, and cooling frameworks before reducing the energy use in their structures. This is considered a justifiable approach, as these frameworks together record for more than half of the energy utilized by buildings. Elevators represent a much smaller size of buildings energy utilization as most elevators are almost 20 years old and can be improved to save up to 50% of electricity through utilization of superior drives. Changing energy prices may affect the economic profitability of investments in energy‐efficient technology. This is a reason for the market reluctant to invest in energy‐efficient lifts and escalators.

Companies Mentioned

KONE, Schindler, Otis Elevator, thyssenkrupp Aufzüge, Schmitt + Sohn, 4E ENTERPRISE ELEVATOR & ESCALATOR, ENGINEERING, AAE Aufzugs-Anlagen-Engineering, A.R.G. (Schweiz), AS Aufzug + Service (AS Elevator + Service), Aufzug & Autoparksysteme Berlin, Brobeil Aufzüge, Friedrich Daniels, Fuji Electric, Fujitec, KOHLER Elevator, LUTZ Elevators, Mayland Aufzüge, Nunn Aufzuge, Omega Lifts, and Wittur.

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