Strategic Assessment of Emerging Technologies in Elevator and Escalator Market 2015-2019

  • Published: Jan 2016
  • Pages: 72
  • SKU: IRTNTR8300

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About elevators and escalators

Elevators and escalators are positioned in buildings for the efficient movement of people and goods within these buildings’ premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the global elevators and escalators market to grow at a CAGR of 12.23% in terms of newly installed units over the period 2014-2019.

Covered in this report

The report focuses on the emerged and upcoming technologies in the global elevator and escalator market globally. It gives a description of the overview and working of these technologies. There is a brief description of the global elevator and escalator market scenario. The market size of the global elevator and escalator market is calculated on the basis of the new units installed across the globe. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market.

Key vendors

  • Hitachi
  • KONE
  • Mitsubishi
  • Otis
  • Schindler
  • ThyssenKrupp

Key emerged technologies drivers in elevators and escalators market

  • Increased focus on time management
  • For a full, detailed list, view our report

Key emerged technologies challenge in elevators and escalators market

  • Intense competition
  • For a full, detailed list, view our report

Key upcoming technologies drivers in elevators and escalators market

  • Capacity expansion
  • For a full, detailed list, view our report

Key upcoming technologies challenge in elevators and escalators market

  • Difficulty in acceptance
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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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.


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 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



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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