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Elevators and Escalators Market in Germany 2015-2019

About elevators and escalators

Elevators and escalators are installed in residential buildings and commercial buildings such as IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the elevators and escalators market in Germany to grow at a CAGR of 4.78% and 6.98% in terms of revenue and new installed units, respectively, during 2014-2019.

Covered in this report

In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in Germany for 2015-2019. To calculate the market size, we consider the number of newly installed units and the revenue generated from the installation of new elevator and escalator units in the country during the forecast period.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 market, outlines the challenges faced by the vendors and the market at large, and highlights the key trends visible in the market.

Key vendors

  • KONE
  • Otis
  • Schindler
  • ThyssenKrupp
Other prominent vendors
  • Friedrich Elevators
  • Kohler Elevator
  • Lutz Elevators
  • Nunn Aufzuge
  • Omega Lift Service
  • OSMA-Aufzüge
  • Schmitt+Sohn Aufzüge
Key market driver
  • Construction of high-rise buildings
  • For a full, detailed list, view our report
Key market challenge
  • Lack of effective product differentiation
  • For a full, detailed list, view our report
Key market trend
  • Increase in apartment occupancy
  • 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 Germany 2015-2019

Technavio recognizes the following companies as the key players in the Elevators and Escalators Market in Germany: KONE, Otis, Schindler, ThyssenKrupp

Other Prominent Vendors in the market are: Friedrich Elevators, Kohler Elevator, Lutz Elevators, Nunn Aufzuge, Omega Lift Service, OSMA-Aufzüge and Schmitt+Sohn Aufzüge

Commenting on the report, an analyst from Technavio’s team said: “The general population in Germany used to prefer living in rented houses. However, a large number of people have been switching to apartments, considering the advantages. The main advantage is that the owner of the building takes care of maintenance and repair. In addition, apartments provide added security at a low cost. Since elevators are a crucial part of apartment buildings, the increase in apartment occupancy is boosting the elevator market in Germany.”

According to the report, the construction market in Germany is mature as most of the existing infrastructure in the country is old. There are a large number of elevators that are as old as 30 years and need to be modernized. Elevator and escalator manufacturers are focusing on the renovation and modernization of existing elevators.

Further, the report states that the profit margins of vendors in the elevator and escalator market in Germany are declining owing to increased competition and rising raw material prices.

Companies Mentioned

KONE, Otis, Schindler, ThyssenKrupp, Friedrich Elevators, Kohler Elevator, Lutz Elevators, Nunn Aufzuge, Omega Lift Service, OSMA-Aufzüge, Schmitt+Sohn Aufzüge

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Industry overview
    • Country overview
      • Table Classification of elevators
      • Table Classification of escalators
    • Life cycle of elevators and escalators
      • Table Life cycle of elevators and escalators
      • Table Supply chain of elevators and escalators
    • Key investment opportunities
    • Upcoming construction projects in Germany
  • Market landscape
    • Elevator and escalator market share 2014-2019
      • Table Elevator and escalator market share 2014-2019
    • Market size and forecast
      • Table Elevator and escalator market size and forecast 2014-2019 by new installed units
      • Table Elevator and escalator market size and forecast 2014-2019 by revenue ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Elevator market in Germany
    • Elevator market size and forecast
      • Table Elevator market size and forecast 2014-2019 by new installed units
      • Table Elevator market size and forecast 2014-2019 by revenue ($ billions)
      • Table Elevator market segmentation 2014 by new installed units
  • Escalator market in Germany
    • Escalator market in Germany size and forecast
      • Table List of construction projects expected to boost the escalator market in Germany
      • Table Escalator market size and forecast 2014-2019 by new installed units
      • Table Escalator market size and forecast 2014-2019 by revenue ($ millions)
      • Table Escalator import in Germany 2009-2013 ($ millions)
  • Market drivers
    • Construction of high-rise buildings
    • Growing need for modernization
    • Aging population
      • Table Population segmentation by age group in Germany 2010-2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of effective product differentiation
    • High percentage of accidents
      • Table Reasons for worker-related accidents in Germany 2013
      • Table Reasons for user-related accidents in Germany 2013
    • Intense competition
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Rising apartment occupancy
      • Table Apartment occupancy 2009-2013
    • Increasing number of gearless rope elevators
    • Lift norms implementation
  • Vendor landscape
    • Competitive scenario
      • Table Elevator and escalator market in Germany: Market share analysis 2014 (by revenue)
    • Other prominent vendors
  • Key vendor analysis
    • KONE Germany
      • Table KONE Germany: Product segmentation
    • Otis Germany
      • Table Otis Germany: Product portfolio
    • Schindler Germany
    • 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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