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

New Zealand elevator and escalator market are expected to demonstrate substantial growth during the forecast period which is majorly driven by the sustained growth of the construction sector following the implementation of the Canterbury rebuild charter and seismic up-gradation of buildings. Additionally, an increasing the rate of inward migration would further boost the demand for residential and commercial spaces.

According to 6Wresearch, New Zealand Elevator And Escalator Market size is projected to grow at a CAGR of 4.5% during 2019-2025F. The New Zealand elevator and escalator market are poised to witness steady growth over the coming years as it heads towards an era of unprecedented growth in the construction sector. As the corollary of the 2011 earthquakes, the country has undertaken numerous redevelopment and up-gradation projects to make infrastructure earthquake-proof which would further drive the growth in the construction sector. Additionally, the growing demand for housing units in the country has increased rapidly due to the influx of refugees this has resulted in a huge gap in demand and supply for residential units in the country. This gap is expected to be filled by major residential construction projects in the nation. Furthermore, high spending on public infrastructure combined with the booming tourism sector would further drive the growth of the construction and elevator and escalator industry in the region.

New Zealand remains a prime hub for FDI and with a positive trend of investment in Auckland and the Wellington region, business activities are expected to witness a surge which would conversely lead to the rapid expansion of the commercial segment in the region.

By services, new installations will remain the major revenue-generating source due to the ongoing construction and completion of projects such as Auckland Airport road project, and the Sky City project. However, maintenance and modernization will also witness significant growth during the forecast period due to the aging of the installed base and strict safety regulations.

The New Zealand elevator and escalator market report thoroughly covers the elevator and escalator market by components, verticals, and regions. The New Zealand elevator and escalator market outlook report provides an unbiased and detailed analysis of the ongoing New Zealand 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.

Key Highlights of the Report

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

Markets Covered

The New Zealand elevator and escalator market report provides a detailed analysis of the following market segments:

• By Types:

  •  Elevator
    • Passenger
    • Cargo
    • Home
  • Escalator
    • Moving Stairs
    • Moving Walks

By Applications:

• Commercial
• Residential
• Industrial

By Services:

• New Installations
• Maintenance
• Modernization

Other Key Reports Available:

• Africa Elevator & Escalator Market Report
• India Elevator & Escalator Market Report
• China Elevator & Escalator Market Report

Frequently Asked Questions About the Market Study (FAQs):