Thailand Elevator & Escalator Market (2019-2025) | Trends, Revenue, Outlook, Size, Growth, Industry, Companies, Share, Forecast, Analysis & Value

Thailand Elevator And Escalator Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Rep. of Korea. It has registered a growth of 0.98% over the previous year. While Rep. of Korea registered a growth of 324.5% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has a Herfindahl index of 6018 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  6443 which signifies high concentration in the market.

Thailand Elevator And Escalator Market - Export Market Opportunities

Thailand Elevator and Escalator market has registered high growth during the last four years on the back of growing public sector spending on infrastructural development projects. Government of Thailand is focused on expanding its airports and railways to boost tourism and to relieve trading bottlenecks with its neighbors in anticipation of increased regional trade with the formation of the ASEAN Economic Community (AEC). Government of Thailand has allocated more than $100 billion for the infrastructural development plan for 2014-2021 period. Government has also, passed a budget of $610 million for the expansion of airports in Thailand during the forecast period which would result in higher installation of elevators and escalators during the forecast period.

According to 6Wresearch, Thailand Elevator and Escalator Market size is anticipated to register growth during 2019-25. In the overall Thailand Elevator and Escalator market share, Bangkok has captured major pie in 2018 and is expected to lead throughout the forecast period. Further, central region of Thailand is expected to witness high growth over the coming six years.

On basis of application, the market can be broadly classified into commercial, industrial and residential segments. Growing construction in commercial sector such as upcoming mega projects including airport projects, expanding transportation projects would be major key factor for the growth of elevators and escalators in commercial sector during the forecast period.

The Thailand Elevator and Escalator market report thoroughly covers the market by Types, Applications, Services and regions. The Thailand Elevator and Escalator market outlook report provides an unbiased and detailed analysis of the on-going Thailand Elevator and Escalator market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

• Thailand Elevator and Escalator Market Overview
• Thailand Elevator and Escalator Market Outlook
• Thailand Elevator and Escalator Market Forecast
• Historical Data of Thailand Elevator and Escalator Market Revenues for the Period 2015-2018
• Thailand Elevator and Escalator Market Size and Market Forecast of Revenues, Until 2025
• Historical Data of Thailand Elevator and Escalator Market Revenues, by Types, for the Period 2015-2018
• Market Size & Forecast of Thailand Elevator and Escalator Market Revenues, by Types, Until 2025
• Historical Data of Thailand Elevator and Escalator Market Revenues, By Applications, for the Period 2015-2018
• Market Size & Forecast of Thailand Elevator and Escalator Market Revenues, By Applications, Until 2025
• Historical Data of Thailand Elevator and Escalator Market Revenues, By Services, for the Period 2015-2018
• Market Size & Forecast of Thailand Elevator and Escalator Market Revenues, By Services, Until 2025
• Market Drivers and Restraints
• Thailand Elevator and Escalator Market Price Trends
• Thailand Elevator and Escalator Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Thailand Elevator and Escalator Market Share, By Players
• Thailand Elevator and Escalator Market Share, By Regions
• Thailand Elevator and Escalator Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Thailand Elevator and Escalator Market report provides a detailed analysis of the following market segments:

• By Types:
  • Elevator
    • Passenger
    • Cargo
    • Home
      
      
  • Escalator
    • Moving Stairs
    • Moving Walkways
  • By Applications:
    • Residential
    • Commercial
    • Industrial
      
      
  • By Services
    • Modernization
    • New Installation
    • Maintenance
      
      
  • By Regions 
    • Northern Region
    • North Eastern Region
    • Central Region
    • Bangkok
    • Vicinity
    • Southern Region

Frequently Asked Questions About the Market Study (FAQs):