An escalator is a conveyor transportation machine for transporting people. It consists of a staircase whose steps move down or up on tracks that keep the surfaces of the individual steps horizontal. Escalators are widely used in various department stores, shopping centers, cinemas, sports complexes, exhibition halls, airports, railway stations, metro stations and a host of other buildings. Escalators can transport large numbers of people. quietly, efficiently, and safely. It operates at a speed of 30 meters (100 ft) per minute approx. It can handle high traffic, and in multi-level retail hubs it plays an important role in safeguarding that all floors are visited consistently. It can carry large no. people and goods transportation solution.
Rapid urbanization, increasing development in real estate sector, and necessity for rapid & efficient transit systems are the major factors propelling the growth of the market. In addition, increasing demand from various industry verticals such as residential, commercial, and public transit, among others have also stimulated the market growth. However, safety issues and high maintenance costs are restraints for the market growth. Moreover, development of innovative technologies, growth in construction industry, and upcoming metro projects in the developing countries would unfold profitable growth opportunities for the market in the forthcoming years.
In 2019, the market size of Escalators is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Escalators.
This report studies the global market size of Escalators, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Escalators production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Mitsubishi Electric
Otis Elevator
Schindler
Kone
Thyssenkrupp
Dover
Canny Elevator
Hyundai Elevator
Fujitec
Hitachi
Toshiba Elevators and Building Systems
SJEC
Kleeman Hellas
Shanghai Mechanical
Market Segment by Product Type
Parallel
Multi-Parallel
Walkway
Others
Market Segment by Application
Department Stores
Shopping Centers
Cinemas
Sports Complexes
Exhibition Halls
Airports
Railway Stations
Metro Stations
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Escalators status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Escalators manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Escalators are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Escalators. Industry analysis & Market Report on Escalators is a syndicated market report, published as Global (United States, European Union and China) Escalators Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Escalators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.