China Elevator And Escalator Market (2019-2025)
Market Forecast By Types (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairs, Moving Walks), By Applications (Commercial, Residential, Industrial), By Services (New Installations, Maintenance, Modernization) And Competitive Landscape.
| Product Code: ETC001513 | Publication Date: Sep 2021 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Latest 2021 Developments
China Elevator and Escalator Market developments include the partnership of Schindler with Telefonica for digital connectivity in which Telefonica will provide IoT connectivity for all smart elevators and escalators of Schindler. KONE developed the world’s flattest autowalk technology, KONE InnoTrack, which is so flat that it can be installed entirely on the floor level. KONE also introduced a new cable technology, UltraRope, which allows the elevators to travel up to a kilometer without stopping, double the current distance.
Mergers and Acquisitions:
- Thyssenkrupp sold its elevator technology business to a confederation led by Cinven, Advent, and RAG foundation (Feb 2020)
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China Elevator and escalator market are largely characterized by its unique nature of a developing market reaching its saturation. The China elevator and escalator market are expected to witness steady growth over the coming years with the majority of growth being driven by development in tier 2 and 3 regions of Chengdu and Wuhan.
According to 6Wresearch, China Elevator And Escalator Market size are projected to grow at a CAGR of 1.9% during 2019-25. With the majority of construction boom coming to an end in the major metro cities of China, the growth of elevator and escalator market is expected to be driven by the development in the western China region and implementation of policies such as Go west strategy have already added to the economic prosperity of a region. Additionally, initiatives such as Belt Road are also likely to give a boost to the construction activities in the region.
By Services, the Chinese market will continue to witness the dominance of new installations and these will act as the major contributor to the revenue generation. However, the growth rate of the new installation market is expected to slow down over the coming years and is likely to be overtaken by the modernization and maintenance segment due to the majority of the installed base reaching its maturity point. Further, the increasing number of accidents has raised the demand for modernization and maintenance of these aging installed bases. China also saw the introduction of new safety regulations which is further anticipated to give a boost to the modernization and maintenance segment.
The China elevator and escalator market report thoroughly covers the elevator and escalator market by components, verticals, and regions. The China elevator and escalator market outlook report provides an unbiased and detailed analysis of the on-going China elevator and escalator market trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.
China Elevator is called Lift in British English is the type of transport equipment that can easily carry passengers and can simply freight between the multistory building. There is a modern elevator with an electric motor with the counterweight system of cables and sheaves. Elevator include escalator for the moving walkways. Escalator is a moving staircase used in different sectors such as building, subway. China Elevator is called Lift in British English is the type of transport equipment that can easily carry passengers and can simply freight between the multistory building. There is a modern elevator with an electric motor with the counterweight system of cables and sheaves. The elevator includes an escalator for the moving walkways. Escalator is a moving staircase used in different sectors such as building, subway. According to the research elevator and escalator market will grow more in the upcoming years in the country. The demand going to increase in china for the elevator and escalator revenue also generated a lot in the market.
Key Highlights of the Report
- China Elevator and Escalator Market Overview
- China Elevator and Escalator Market Outlook
- China Elevator and Escalator Market Forecast
- China Elevator and Escalator Market Size and Historical Data of China Elevator and Escalator Market Revenues & Volume for the Period 2015-2018
- China Elevator and Escalator Market Forecast of Revenues & Volume until 2025
- Historical data & Forecast of China Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
- Historical data & Forecast of China Elevator Market Revenues & Volume for the Period 2015-2025F
- Historical data & Forecast of China Escalator Market Revenues & Volume for the Period 2015-2025F
- Historical data & Forecast of China Elevator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
- Historical data & Forecast of China Escalator Market Revenues, By Types, Applications and Services for the Period 2015-2025F
- Historical data & Forecast of China Elevator and Escalator Regional Market Revenues for the Period 2015-2025F
- Market Drivers, Restraints and Trends
- China Elevator and Escalator Market Trends and Industry Life Cycle
- Porter’s Five Force Analysis
- China Elevator and Escalator Market Opportunity Assessment
- China Elevator and Escalator Market Share, By Players
- China Elevator and Escalator Market Overview, By Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The China elevator and escalator market report provides a detailed analysis of the following market segments:
- By Types:
o Elevator
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- Passenger
- Cargo
- Home
o Escalator
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- Moving Stairs
- Moving Walks
- By Applications:
- Commercial
- Residential
- Industrial
- By Services:
- New Installations
- Maintenance
- Modernization
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1 Executive Summary |
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2 Introduction |
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2.1 Report Description |
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2.2 Key Highlights |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3 China Elevator and Escalator Market Overview |
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3.1 China Country Indicators |
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3.2 China Elevator & Escalator Market Revenues, 2015-2025F |
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3.3 China Elevator & Escalator Market - Industry Life Cycle |
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3.4 China Elevator & Escalator Market - Porter’s Five Forces |
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3.5 China Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
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3.6 China Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
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3.7 China Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
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4 China Elevator & Escalator Market Dynamics |
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4.1 Impact Analysis |
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4.2 Market Drivers |
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4.3 Market Restraints |
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5 China Elevator & Escalator Market Trends |
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6 China Elevator Market Overview |
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6.1 China New Installation Elevator Market Revenues & Volume, 2015-2025F |
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6.1.1 China New Installation Elevator Market Revenue & Volume Share, By Elevator Types, 2018 & 2025F |
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6.1.1.1 China New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F |
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6.2 China Elevator Services Market Revenues, 2015-2025F |
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6.2.1 China Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
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6.2.1.1 China Elevator Services Market Revenues, By Service Types, 2015-2025F |
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6.3 China Elevator Market Overview, By Applications, 2015-2025F |
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6.3.1 China Elevator Market Revenue Share, By Applications, 2018 & 2025F |
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6.3.1.1 China Elevator Market Revenues, By Applications, 2015-2025F |
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7 China Escalator Market Overview |
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7.1 China New Installation Escalator Market Revenues & Volume, 2015-2025F |
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7.1.1 China New Installation Escalator Market Revenue & Volume Share, By Escalator Types, 2018 & 2025F |
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7.1.1.1 China New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F |
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7.2 China Escalator Services Market Revenues, 2015-2025F |
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7.2.1 China Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
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7.2.1.1 China Escalator Services Market Revenues, By Service Types, 2015-2025F |
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7.3 China Escalator Market Overview, By Applications, 2015-2025F |
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7.3.1 China Escalator Market Revenue Share, By Applications, 2018 & 2025F |
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7.3.1.1 China Escalator Market Revenues, By Applications, 2015-2025F |
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8 China Elevator & Escalator Market Overview, By Applications |
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8.1 China Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F |
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8.2 China Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F |
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8.3 China Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F |
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9 China Elevator & Escalator Market Key Performance Indicators |
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10 China Elevator & Escalator Market Opportunity Assessment |
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10.1 China Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
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10.2 China Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
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11 China Elevator & Escalator Market Competitive Landscape |
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11.1 China Elevator & Escalator Market Competitive Benchmarking, By Product Types |
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11.2 China Elevator & Escalator Market Revenue Share, By Company, 2018 |
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12 Company Profiles |
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13 Key Strategic Recommendations |
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14 Disclaimer |
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LIST OF FIGURES |
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Figure 1. China Elevator & Escalator Market Revenues, 2015-2025F ($ Million) |
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Figure 2. China Elevator & Escalator Market - Industry Life Cycle |
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Figure 3. China Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
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Figure 4. China Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
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Figure 5. China Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
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Figure 6. China New Installation Elevator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
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Figure 7. China New Installation Elevator Market Revenue Share, By Elevator Types, 2018 & 2025F |
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Figure 8. China New Installation Elevator Market Volume Share, By Elevator Types, 2018 & 2025F |
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Figure 9. China Elevator Services Market Revenues, 2015-2025F ($ Million) |
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Figure 10. China Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
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Figure 11. China Elevator Market Revenue Share, By Applications, 2018 & 2025F |
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Figure 12. China New Installation Escalator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
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Figure 13. China New Installation Escalator Market Revenue Share, By Escalator Types, 2018 & 2025F |
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Figure 14. China New Installation Escalator Market Volume Share, By Escalator Types, 2018 & 2025F |
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Figure 15. China Escalator Services Market Revenues, 2015-2025F ($ Million) |
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Figure 16. China Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
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Figure 17. China Escalator Market Revenue Share, By Applications, 2018 & 2025F |
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Figure 18. China Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F ($ Million) |
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Figure 19. China Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F ($ Million) |
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Figure 20. China Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F ($ Million) |
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Figure 21. China Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
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Figure 22. China Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
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LIST OF TABLES |
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Table 1. China New Installation Elevator Market Revenues, By Elevator Types ($ Million) |
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Table 2. China New Installation Elevator Market Volume, By Elevator Types (Thousand Units) |
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Table 3. China Elevator Services Market Revenues, By Service Types ($ Million) |
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Table 4. China Elevator Market Revenues, By Applications, 2015-2025F, ($ Million) |
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Table 5. China New Installation Escalator Market Revenues, By Escalator Types ($ Million) |
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Table 6. China New Installation Escalator Market Volume, By Escalator Types (Thousand Units) |
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Table 7. China Escalator Services Market Revenues, By Service Types ($ Million) |
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Table 8. China Escalator Market Revenues, By Applications, 2015-2025F, ($ Million) |
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