Explore the Detailed TOC of the Elevator & Escalator Market report, which spans 100+ pages and includes Tables, Figures, and Charts that provide exclusive data, information, vital statistics, trends, and competitive landscape details for this niche sector.
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List of top Elevator & Escalator companies:
- Fujitec Co. Ltd (Japan)
- Hitachi Ltd (Japan)
- Hyundai Elevator Co Ltd (South Korea)
- Kone Corporation (Finland)
- Mitsubishi Electric Corporation (Japan)
- Otis Worldwide Corporation (U.S.)
- Schindler (Switzerland)
- SJEC Corporation (China)
- TK Elevator GmbH (Germany)
- Toshiba Corporation (Japan)
This report gives a detailed look at the global Elevator & Escalator Market, covering everything important about it. It includes a big-picture view of the market as well as in-depth details like market size, competition, trends, key drivers, challenges, and SWOT analysis.
It helps readers understand the competitive landscape and develop strategies to improve their business profits. Additionally, it provides a clear framework to assess a company’s market position and growth opportunities. The report structure also focuses on the competitive landscape of the Global Elevator & Escalator Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
Elevator & Escalator Market Scope:
Emerging trends, The report on the Elevator & Escalator Market gives the complete picture of demands and opportunities for the future that are beneficial for individuals and stakeholders in the market. This report estimates the market’s value and growth rate by looking at key factors that drive its expansion. It is based on the latest industry news, market trends, and growth potential. The report also provides a detailed analysis of the market, competition, and a SWOT review of major competitors.
Recent Industry Developments:
- Otis Worldwide Corporation received an order for the modernization of 34 elevators in Burj Khalifa based in the U.A.E. The Burj Khalifa is the world’s tallest building. The company got a maintenance and modernization contract for ten years.
- TK Elevator GmbH launched the new EXO Renew Series of elevators for low-rise and high-rise residential buildings. It is versatile, designed for using 100% green electricity and requires 28% less energy compared to other models.
- Fujitec India Private Ltd, a subsidiary of Fujitech Co. Ltd, received an order of 538 elevators for large-scale residential housing projects in Gurgaon, India. These elevators would be manufactured and supplied from a high-rise elevator manufacturing facility based in Chennai, India. This order would be completed by the end of 2025.
- Schindler signed a partnership with Umm AI Qura, based in Saudi Arabia, to provide 150 elevator orders for installation at Makkah, Saudi Arabia. This order includes 65 Schindler 5000 series elevators, 44 Schindler 7000 series elevators, and five elevators for the platform. These elevators help to improve passenger transportation from restaurants and hotels.
- Hitachi Ltd introduced a new touchless operating panel for monitoring and controlling elevators and escalators. It has features such as enabling touchless use, a simplified method, and operating through a numerical pad.
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Regional insights:
- North America: USA, Canada, Mexico, etc.
- Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
- The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
- Europe: Germany, France, the UK, Russia, and Italy
- South America: Brazil, Argentina, Columbia, etc.
The report helps in providing a wider introduction to the market and also helps in dealing with the detailed methodology of research for the calculation of the size and forecasts of the market. The sources of secondary data are used and the primary inputs are taken for the validation of data. This section also helps in the outlines the several segments that have also been covered as a part of the report. Additionally, the Research Methodology reviews tend of providing the calculation for determining the inclinations of the global market.
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