Market Forecast By Types (Elevator, Escalator, Moving Walkways), By Services (Maintenance & Repair, New Installation, Modernization), By End-User (Residential, Commercial, Public) And Competitive Landscape
Product Code: ETC005684 | Publication Date: Sep 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Elevator And Escalator Market is projected to grow over the coming years. India Elevator And Escalator Market report is a part of our periodical regional publication Asia Pacific Elevator And Escalator Market outlook report. 6W tracks elevator and escalator market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Elevator And Escalator Market outlook report annually.
India Elevator and Escalator Market report comprehensively covers the market by Type, by Applications and by Services. The market report provides an unbiased and detailed analysis of the ongoing 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.
India Elevator and Escalator Market Synopsis
India Elevator and Escalator Market has promising growth prospects over the next few years. This growth is primarily driven by rising number of construction projects across the country as well as gradually increasing investment in infrastructure and construction projects post Covid-19 Pandemic. Additionally, growing commercial and residential activities across several parts of the country has also spurred the growth of Elevator and Escalator Market in India. However, the market witnessed decline in growth as a result of delay in major construction projects along with shrinking investment in infrastructural development activities especially during the pandemic. Currently, the market has recovered and is expected to gain momentum in future.
According to 6Wresearch, India Elevator and Escalator Market size is anticipated to register substantial growth during 2020-2026. The growth can be attributed to rapid urbanization as well as increasing government initiatives in the infrastructure and development projects such as smart city development projects as well as growing public infrastructure including increase in number of metro lines to improve inter-state connectivity, construction of international airports and other public infrastructure in India. Further, rapid privatization along with increasing public private partnerships have also resulted in the construction of malls, shopping complex and other commercial projects in the country.
Market Analysis by Type
India Elevator and Escalator market is majorly dominated by the elevators segment. This growth is mainly on account of an increase in the construction of high-rise buildings, rapid urbanization and improvement in infrastructure of the developing countries. Further, the growing population and increasing number of commuters has led to a rise in the maintenance and repair of existing elevators and escalators resulting in generating greater profit share to vendors in India.
Market Analysis by End Users
The residential end-users have accounted for majority of the market share in the overall Elevator and Escalator market in India. The growth is mainly due to rising investments in the real estate along with rapid urbanization. On the other hand, growth in the construction of new office spaces, ownership of multiple commercial buildings has led to a rise in the demand for elevators and escalators by the commercial end-users in the country.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Segmentation:
The report provides a detailed analysis of the following market segments:
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 India Elevator and Escalator Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Elevator and Escalator Market Revenues & Volume, 2019 & 2026F |
3.3 India Elevator and Escalator Market - Industry Life Cycle |
3.4 India Elevator and Escalator Market - Porter's Five Forces |
3.5 India Elevator and Escalator Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 India Elevator and Escalator Market Revenues & Volume Share, By Services, 2019 & 2026F |
3.7 India Elevator and Escalator Market Revenues & Volume Share, By End-User, 2019 & 2026F |
4 India Elevator and Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Elevator and Escalator Market Trends |
6 India Elevator and Escalator Market, By Types |
6.1 India Elevator and Escalator Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Elevator and Escalator Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 India Elevator and Escalator Market Revenues & Volume, By Elevator, 2016 - 2026F |
6.1.4 India Elevator and Escalator Market Revenues & Volume, By Escalator, 2016 - 2026F |
6.1.5 India Elevator and Escalator Market Revenues & Volume, By Moving Walkways, 2016 - 2026F |
6.2 India Elevator and Escalator Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 India Elevator and Escalator Market Revenues & Volume, By Maintenance & Repair, 2016 - 2026F |
6.2.3 India Elevator and Escalator Market Revenues & Volume, By New Installation, 2016 - 2026F |
6.2.4 India Elevator and Escalator Market Revenues & Volume, By Modernization, 2016 - 2026F |
6.3 India Elevator and Escalator Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 India Elevator and Escalator Market Revenues & Volume, By Residential, 2016 - 2026F |
6.3.3 India Elevator and Escalator Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.3.4 India Elevator and Escalator Market Revenues & Volume, By Public, 2016 - 2026F |
7 India Elevator and Escalator Market Import-Export Trade Statistics |
7.1 India Elevator and Escalator Market Export to Major Countries |
7.2 India Elevator and Escalator Market Imports from Major Countries |
8 India Elevator and Escalator Market Key Performance Indicators |
9 India Elevator and Escalator Market - Opportunity Assessment |
9.1 India Elevator and Escalator Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 India Elevator and Escalator Market Opportunity Assessment, By Services, 2019 & 2026F |
9.3 India Elevator and Escalator Market Opportunity Assessment, By End-User, 2019 & 2026F |
10 India Elevator and Escalator Market - Competitive Landscape |
10.1 India Elevator and Escalator Market Revenue Share, By Companies, 2019 |
10.2 India Elevator and Escalator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |