Asia Pacific Elevator and Escalator Market (2021-2027) | Share, Companies, Size, Revenue, Analysis, Forecast, Trends, Growth, industry & COVID-19 IMPACT

Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Types (Elevator, Escalator, Moving Walkways), By Services (Maintenance & Repair, New Installation, Modernization), By End-User (Residential, Commercial, Public) And Competitive Landscape

Product Code: ETC056677 Publication Date: Mar 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Asia Pacific Elevator And Escalator Market is projected to grow over the coming years. Asia Pacific Elevator And Escalator Market is a part of our various regional publications globally. 6W tracks Elevator And Escalator Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Elevator And Escalator Market outlook report annually.

Latest 2023 Development of the Asia Pacific Elevator and Escalator Market

Asia Pacific Elevator and Escalator market is expected to experience significant growth due to the increasing demand for elevators and escalators in urban areas, where they are essential for transportation and accessibility. Additionally, there was a growing emphasis on the energy-efficient elevator and escalator systems to reduce energy consumption and costs. Moreover, the market was seeing a rapid pace of technological advancements, including smart elevators and escalators with features such as destination control systems, biometric access control, and predictive maintenance. Further, many countries in the Asia Pacific region have introduced regulations to ensure elevator and escalator safety, maintenance, and modernization, which has impacted the market. Also, as urbanization continues to accelerate in many Asia Pacific countries, the demand for elevators and escalators in high-rise buildings is expected to increase.

The construction industry in Asia Pacific, particularly in countries such as China, India, and Japan, has been growing rapidly. This growth has led to an increase in demand for elevators and escalators, as these are essential components in high-rise buildings. Additionally, there has been a growing focus on energy-efficient solutions in the elevator and escalator industry, driven by government regulations and the need for sustainable building practices. Many companies are investing in research and development to create eco-friendlier products. Further, smart technologies such as IoT, artificial intelligence, and cloud computing are being increasingly adopted in the elevator and escalator industry. This has led to the development of smart elevators and escalators that can communicate with building management systems and offer advanced features such as predictive maintenance. Moreover, the Asia Pacific elevator and escalator industry has seen some consolidation, with several large companies acquiring smaller firms to expand their product offerings and market share. For example, in 2021, KONE acquired Hong Kong-based company Shan On Engineering, which specializes in elevator and escalator maintenance and modernization.

Asia Pacific Elevator and Escalator Market Synopsis

Asia Pacific Elevator and Escalator market has witnessed considerable growth over the past few years. Elevators and escalators are widely used to carry heavy items and connect multiple storeys making the movement of people convenient between various floors. In addition, the Asia Pacific Elevator and Escalator market is considered the fastest-growing market. Some of the reasons behind the rapid growth rate of the Elevator and Escalator market in the region are increasing population, improvement of infrastructure, rise in construction activities, the introduction of various development projects, etc. Moreover, the demand for elevators and escalators depends majorly on the construction of high-rise commercial as well as residential buildings, industrialization and urbanization. Further, the introduction of smart elevators and escalators in the Asia Pacific region has led to the development of various government policies that encourage the manufacturing of smart elevators and escalators as they are proven to be energy efficient.

Although the Elevator and Escalator market is performing extremely well in the Asia Pacific region, a few hurdles make the growth of the market slow and stagnant. Further, rising concerns regarding accidents caused by elevators and escalators, high investments required to install elevators and escalators, lack of technological up-gradation due to huge costs, shortage of skilled personnel, high import duties on the import of raw materials, etc are a few restraints of the Asia Pacific Elevator and Escalator market. Furthermore, due to the outbreak of the Covid-19 pandemic, the Elevator and Escalator market in the Asia Pacific region has suffered immensely. Lockdowns were imposed in every country under the Asia Pacific region which led to a pause in all the activities. The manufacturing of elevators and escalators were also shut temporarily that led to a significant fall in market revenues. The investors were not ready to provide funds because of the high risk involved in the continuation of manufacturing projects after the pandemic. Additionally, the pandemic has led to the unavailability of human and material resources required in the manufacturing process. Even after the reopening of the economies, the growth in the Asia Pacific Elevator and Escalator market was slow due to certain restrictions. The impact of the Covid-19 pandemic was overall negative on the Elevator and Escalator market however, the market is off to a fresh start and is expected to grow substantially in the near future.

According to 6Wresearch, the Asia Pacific Elevator And Escalator Market size is expected to record growth during 2021-2027. The Asia Pacific Elevator and Escalator market is the highest revenue generating market in the world. The share of profits has risen tremendously over time in the Asia Pacific region. Additionally, the Asia Pacific region is comprised of the majority of the developing countries that focus on increasing the infrastructure and construction activities that further leads to a surge in the demand for elevators and escalators, attracting a higher revenue share.

Market Analysis By Geography

Countries such as India, Singapore, Japan and China are some of the common manufacturers of elevators and escalators in the Asia Pacific region. In addition, China is the largest manufacturer as well as consumer of elevators and escalators in the world and thus hold the highest revenue share in the Asia Pacific region. Further, growth in the construction of commercial as well as residential buildings, increase in infrastructural activities has surged the demand for elevators and escalators in China. Additionally, various government policies and programmes have led to an increase in the production of elevators and escalators, for instance, the government of China has introduced a policy regarding up-gradation of old elevators and escalators and installation of new elevators in the newly constructed buildings to improve the standard of living of the people. Furthermore, the Elevator and Escalator Market in India has promising growth prospects as the Indian economy is focusing on strengthening its infrastructure and building smart cities. Elevators and escalators are highly demanded in India because of rapid urbanization taking place in the country. Moreover, various government projects such as an increase in the number of metro lines to improve inter-state connectivity, construction of international airports, etc impact the demand for elevators and escalators. In addition, private as well as government investments are heavily being made in the transportation sector in India which has led to an increase in the production of elevators and escalators. In addition, the construction of high-rise buildings such as hotels, residential complexes, malls, etc has led to a substantial rise in the demand for elevators and escalators in Japan. Also, the Summer Paralympics Games held in 2021 in Japan led to a surge in the construction and infrastructure sector and had a positive impact on the Elevator and Escalator market. Moreover, Thailand has been experiencing a boom in the Elevator and Escalator market due to various government policies regarding the development of the economy.  The government of Thailand has increased its spending to fund the infrastructure development plan and for the expansion of airports, railways, etc. Further, Hitachi (Japan) bought a significant number of shares in Yungtay Engineering Co. Ltd. (Taiwan) in October 2020, in order to enhance its Elevator and Escalator market in the Asia Pacific region. Further, in March 2021, KONE India launched its newest product called KONE DX class elevators, a high-tech variant, to create a better experience for the consumers. Additionally, some of the key players operating in the Asia Pacific Elevator and Escalator market are OTIS, Mitsubishi Electric, KONE and Hitachi elevator.

Market Analysis By Type

On the basis of product type, the Asia Pacific Elevator and Escalator market is categorized as elevators, escalators and moving walkways. Further, due to an increase in the construction of high-rise buildings, rapid urbanization and improvement in the infrastructure of the developing countries, the demand for elevators has increased significantly in the Asia Pacific region. Additionally, the elevator segment of the market is witnessing substantial growth in the Asia Pacific region as elevators are widely manufactured and consumed in the region and thus generate higher revenue from the market. Furthermore, the escalator segment of the market is experiencing a decline in market revenue as the demand for escalators is comparatively low.

The main reasons behind the slow growth of this segment could be high installation costs, lack of availability of raw materials and lack of investments, etc. Additionally, due to rapid urbanization in developing countries in the Asia Pacific region, the moving walkways segment is growing promptly. The expansion of airports, malls, commercial and residential buildings, etc are several factors contributing to the demand for moving walkways. Further, with the view of the expansion of economies, various developing countries are focussing on improving the infrastructure and building smart cities. Thus, the new installation segment is growing significantly and generating higher revenue shares. Further, to keep the elevators and escalators in a good condition and ensure their proper working, regular maintenance and repair of elevators and escalators are extremely important. The growing population and increasing number of commuters have led to a rise in the maintenance and repair of existing elevators and escalators generating greater profit share.

Market Analysis By End Users

Based on End Users, the Asia Pacific Elevator and Escalator market is categorized as Residential, Commercial and Public End Users. Moreover, growing investment in real estate has led to an increase in the demand for elevators and escalators by the residential end-users. Whereas, rapid construction of new office spaces, ownership of multiple commercial buildings, etc has led to an increase in the demand for elevators and escalators by the commercial end-users. However, the revenue generated by the Elevator and Escalator market from the commercial end-user segment has been quite slow because the construction of commercial buildings requires more capital and the investors are not willing to take risks post-pandemic. Further, the public end-user segment has recorded an increase in the market share as a result of rising in the number of government-funded projects for instance expansion of airports, growth of public infrastructure and development of Smart City projects.

Other Related Reports:

 Global Elevator And Escalator Market  Latin America Elevator And Escalator Market
 Middle East Elevator And Escalator Market  Europe Elevator And Escalator Market
 North America Elevator And Escalator Market  Africa Elevator And Escalator Market

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Asia Pacific Elevator and Escalator Market Outlook
  • Market Size of Asia Pacific Elevator and Escalator Market, 2020
  • Forecast of Asia Pacific Elevator and Escalator Market, 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Revenues & Volume for the Period 2017 - 2027
  • Asia Pacific Elevator and Escalator Market Trend Evolution
  • Asia Pacific Elevator and Escalator Market Drivers and Challenges
  • Asia Pacific Elevator and Escalator Price Trends
  • Asia Pacific Elevator and Escalator Porter's Five Forces
  • Asia Pacific Elevator and Escalator Industry Life Cycle
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Types for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Elevator for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Escalator for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Moving Walkways for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Services for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Maintenance & Repair for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By New Installation for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Modernization for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Asia Pacific Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of China Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of India Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Japan Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Australia Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Indonesia Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Philippines Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Thailand Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Malaysia Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Singapore Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By End-User for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Residential for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Commercial for the Period 2017 - 2027
  • Historical Data and Forecast of Rest of Asia Elevator and Escalator Market Revenues & Volume By Public for the Period 2017 - 2027
  • Asia Pacific Elevator and Escalator Market - Key Performance Indicators
  • Asia Pacific Elevator and Escalator Market - Import Export Trade Statistics
  • Asia Pacific Elevator and Escalator Market - Opportunity Assessment By Countries
  • Asia Pacific Elevator and Escalator Market - Opportunity Assessment By Types
  • Asia Pacific Elevator and Escalator Market - Opportunity Assessment By Services
  • Asia Pacific Elevator and Escalator Market - Opportunity Assessment By End-User
  • Asia Pacific Elevator and Escalator Market - Top Companies Market Share
  • Asia Pacific Elevator and Escalator Market - Top Companies Profiles
  • Asia Pacific Elevator and Escalator Market - Comparison of Players in Technical and Operating Parameters
  • Asia Pacific Elevator and Escalator Market - Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments

  • By Types:

    • Elevator
    • Escalator
  • By Product Types:

o    Elevator

      • Passenger
      • Cargo
      • Home

o    Escalator

      • Moving Stairs
      • Moving Walks

By Services:

  • Maintenance
  • Modernization

By Applications:

  • Commercial
  • Residential
  • Industrial
Asia Pacific Elevator and Escalator Market: FAQs
The Asia Pacific Elevator and Escalator market is growing due to rapid urbanization, infrastructure development, and the increasing need for energy-efficient and smart building solutions.
The market faces certain challenges such as stringent government regulations and new environmental safety standards introduced by the governments.
The commercial end-user segment has registered the highest sale in the Asia Pacific region.
Smart technologies such as IoT, artificial intelligence, and cloud computing are being increasingly adopted in the elevator and escalator industry. This has led to the development of smart elevators and escalators that can communicate with building management systems and offer advanced features such as predictive maintenance.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Asia Pacific Elevator and Escalator Market Overview
3.1 Asia Pacific Regional Macro Economic Indicators
3.2 Asia Pacific Elevator and Escalator Market Revenues & Volume, 2020 & 2027F
3.3 Asia Pacific Elevator and Escalator Market - Industry Life Cycle
3.4 Asia Pacific Elevator and Escalator Market - Porter's Five Forces
3.5 Asia Pacific Elevator and Escalator Market Revenues & Volume Share, By Countries, 2020 & 2027F
3.6 Asia Pacific Elevator and Escalator Market Revenues & Volume Share, By Types, 2020 & 2027F
3.7 Asia Pacific Elevator and Escalator Market Revenues & Volume Share, By Services, 2020 & 2027F
3.8 Asia Pacific Elevator and Escalator Market Revenues & Volume Share, By End-User, 2020 & 2027F
4 Asia Pacific Elevator and Escalator Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Asia Pacific Elevator and Escalator Market Trends
6 Asia Pacific Elevator and Escalator Market, 2017 - 2027
6.1 Asia Pacific Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
6.2 Asia Pacific Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
6.3 Asia Pacific Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
7 China Elevator and Escalator Market, 2017 - 2027
7.1 China Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
7.2 China Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
7.3 China Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
8 India Elevator and Escalator Market, 2017 - 2027
8.1 India Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
8.2 India Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
8.3 India Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
9 Japan Elevator and Escalator Market, 2017 - 2027
9.1 Japan Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
9.2 Japan Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
9.3 Japan Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
10 Australia Elevator and Escalator Market, 2017 - 2027
10.1 Australia Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
10.2 Australia Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
10.3 Australia Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
11 Indonesia Elevator and Escalator Market, 2017 - 2027
11.1 Indonesia Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
11.2 Indonesia Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
11.3 Indonesia Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
12 Philippines Elevator and Escalator Market, 2017 - 2027
12.1 Philippines Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
12.2 Philippines Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
12.3 Philippines Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
13 Thailand Elevator and Escalator Market, 2017 - 2027
13.1 Thailand Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
13.2 Thailand Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
13.3 Thailand Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
14 Malaysia Elevator and Escalator Market, 2017 - 2027
14.1 Malaysia Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
14.2 Malaysia Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
14.3 Malaysia Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
15 Singapore Elevator and Escalator Market, 2017 - 2027
16 Rest of Asia Elevator and Escalator Market, 2017 - 2027
16.1 Rest of Asia Elevator and Escalator Market, Revenues & Volume, By Types, 2017 - 2027
16.2 Rest of Asia Elevator and Escalator Market, Revenues & Volume, By Services, 2017 - 2027
16.3 Rest of Asia Elevator and Escalator Market, Revenues & Volume, By End-User, 2017 - 2027
17 Asia Pacific Elevator and Escalator Market Key Performance Indicators
18 Asia Pacific Elevator and Escalator Market - Opportunity Assessment
18.1 Asia Pacific Elevator and Escalator Market Opportunity Assessment, By Countries, 2020 & 2027F
18.2 Asia Pacific Elevator and Escalator Market Opportunity Assessment, By Types, 2020 & 2027F
18.3 Asia Pacific Elevator and Escalator Market Opportunity Assessment, By Services, 2020 & 2027F
18.4 Asia Pacific Elevator and Escalator Market Opportunity Assessment, By End-User, 2020 & 2027F
19 Asia Pacific Elevator and Escalator Market - Competitive Landscape
19.1 Asia Pacific Elevator and Escalator Market Revenue Share, By Companies, 2020
19.2 Asia Pacific Elevator and Escalator Market Competitive Benchmarking, By Operating and Technical Parameters
20 Company Profiles
21 Recommendations
22 Disclaimer
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