Elevators and Escalators Market in Canada - Market Analysis 2015-2019

Published: Oct 2015

Pages: 70

SKU: IRTNTR7058

Snapshot

Market outlook of the elevators and escalator market in Canada

Technavio’s market research analyst predict that the elevator and escalator market in Canada to grow at around 2% during forecast period. The key growth drivers in this market are growth of high-rise building construction and rise in demand for elevator service and modernization. Large number of high rise construction projects, both residential and mixed use, are expected to drive the growth of the market.

Competitive landscape and key vendors in the elevators and escalator market in Canada

The elevator and escalator market is witnessing tough competition due to the presence of international and local vendors. Product differentiation and price war form domestic players, especially for maintenance services, are the key areas for competition. The study of the elevator and escalator market includes product offerings, strategies, and a comprehensive analysis of the leading companies.

The leading companies in the elevators and escalator market in Canada are -

Otis
ThyssenKrupp
Schindler
Kone

The other prominent vendors in the market include Savaria, Ram Manufacturing, CEE Elevator, Delta Elevator, Elevator One, Joyride Lifts, and Skyline Elevator.

Segmentation of the elevator and escalator market by product

Elevator
Escalator

Elevator dominate the elevators and escalators market in Canada and account for nearly 90% of the market share in 2014. This segment is predicted to see higher growth as compared to other market segmentation by the end of the forecast period. With the growth of the residential construction market and the growth in aging population, people are preferring to install elevators in their homes or apartments so as to facilitate the movement from one floor to another, which will lead to a rise in demand for new elevator installations during the forecast period.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the elevator and escalator market in Canada?
What are the key market trends impacting the growth of the elevator and escalator market?
What are the challenges to market growth?
Who are the key vendors in the elevator and escalator market?
What are the market opportunities and threats faced by the vendors in the elevator and escalator market?
What are the key outcomes of the five forces analysis of the elevator and escalator market in Canada?

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Table of Contents

PART 01: Executive summary

Highlights

PART 02: Scope of the report

Market overview

PART 03: Market research methodology

Research methodology
Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Country overview
PART 06: Industry overview

Elevator and escalator industry overview
Life cycle of elevators and escalators
Supply chain of elevator and escalator market in Canada
Key investment opportunities in elevator and escalator market in Canada

PART 07: Market landscape

Market overview
Market size and forecast
Five forces analysis

PART 08: Market segmentation by product

Elevator and escalator market in Canada by product segmentation
Elevator market in Canada
Escalator market in Canada

PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape

Competitive scenario
Other prominent vendors

PART 15: Key vendor analysis

PART 16: Appendix

List of abbreviations

PART 17: Explore Technavio

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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