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Elevators and Escalators Market Research Report Information By Type (Elevators, Escalators, Moving Walkways), Service (New Installation, Maintenance & Repair), Elevator Technology (Traction, Machine room-Less, Hydraulic), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032


ID: MRFR/CO/4070-HCR | 100 Pages | Author: Snehal Singh| November 2024

Research Methodology on Elevators and Escalators Market


Introduction


This research methodology is designed to scope out the research activities, approaches, and measurements needed for the Market Research Future Report titled “Elevators and Escalators Market”. This market research study focuses on the growth prospects, industry analysis, and market segmentation of the elevator and Escalators Market on a regional and global level. This research specifically produces a comprehensive analysis of market segmentation, major market drivers, dynamics and potentially lucrative opportunities that exist in the marketplace. To develop an accurate and reliable market analysis, this research conducts a careful review and synthesis of both primary and secondary data, as well as a thorough examination of the industry’s market dynamics.


Research Objectives and Methodology


The key research objectives of this market research study are as follows:


To provide an overview of the Elevators and Escalators Market, along with a detailed analysis of the various factors driving the market growth.


To provide a comprehensive analysis of the threats and opportunities in the market, along with the identification of technological, cost, regulatory, industry, and environmental trends.


To analyze the elevator & Escalators Market within a regional and global context, providing a detailed analysis of the various segments in each region.


To identify and evaluate the most attractive markets for consumer adoption, using forecasted market segmentation.


To achieve these objectives, a range of research approaches and methodologies, both quantitative and qualitative, are used. These include a combination of primary and secondary research, market surveys, customer interviews, and other consumer data.


Primary Research


Primary research is a comprehensive approach to gathering data from a range of sources, including customer surveys, interviews and other consumer data. Primary research for this market research study is conducted using five distinct research methods. These will be:



  • Market Surveys:


To understand consumer preferences and opinions, a customer survey is conducted. A questionnaire is designed to gather data on consumer demographics, product preferences, product usage, and buying trends. The survey is conducted online and via paper surveys.



  • Interviews:


A series of interviews are conducted with industry professionals to provide insight into the buying behaviour and intentions of the major players in the market.



  • Customer interviews:


A series of customer interviews are conducted to gain insight into customer preferences and opinions on the Elevators and Escalators Market.



  • Case Studies:


A range of case studies is conducted to identify best practices and potential growth opportunities in the marketplace.



  • Focus Groups:


Focus groups are conducted to gain further insights into customer preferences and opinions on the Elevators and Escalators Market.


Secondary Research


Secondary research is an effective way of gathering data from a variety of sources, such as industry reports, market reports, company reports, white papers, Investor Presentations, and Magazine Articles. Secondary research for this market research study is conducted using three research methods. These will be:



  • Market Reports:


A range of market reports is reviewed and compiled to provide an accurate overview of the Elevators and Escalators Market.



  • Industry Reports:


Reports from various industries are reviewed to gain insights into the Elevators and Escalators Market.



  • Magazine Articles:


Articles from magazines and other publications are reviewed to identify potential growth opportunities and industry trends.


Data Analysis


The market data collected through primary and secondary research is analyzed using both qualitative and quantitative techniques. Descriptive and exploratory qualitative data analysis techniques are used to identify patterns, trends and generalizations. A range of quantitative techniques such as frequency analyses and correlation analyses and regression models are used to validate the qualitative insights.


Conclusion


This research methodology outlines the various approaches, techniques and methods that are used to conduct a comprehensive market research study on the Elevators and Escalators Market. The research gathers primary data through customer surveys, interviews, and focus groups and secondary data via market reports, industry reports, and magazine articles. This market research study provides a comprehensive analysis of the various factors driving market growth and identifies the most attractive markets for consumer adoption.

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Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Elevators and Escalators Market, By Type

5.1 Introduction

5.2 Elevators

5.2.1 Market Estimates & Forecast, 2022-2030

5.2.2 Market Estimates & Forecast by Region, 2022-2030

5.3 Escalators

5.3.1 Market Estimates & Forecast, 2022-2030

5.3.2 Market Estimates & Forecast by Region, 2022-2030

5.4 Moving Walkways

5.4.1 Market Estimates & Forecast, 2022-2030

5.4.2 Market Estimates & Forecast by Region, 2022-2030

6 Global Elevators and Escalators Market, By Elevator Technology

6.1 Introduction

6.2 Traction

6.2.1 Market Estimates & Forecast, 2022-2030

6.2.2 Market Estimates & Forecast by Region, 2022-2030

6.3 Machine room-Less

6.3.1 Market Estimates & Forecast, 2022-2030

6.3.2 Market Estimates & Forecast by Region, 2022-2030

6.4 Hydraulic

6.4.1 Market Estimates & Forecast, 2022-2030

6.4.2 Market Estimates & Forecast by Region, 2022-2030

7 Global Elevators and Escalators Market, By Services

7.1 Introduction

7.2 New Installation

7.2.1 Market Estimates & Forecast, 2022-2030

7.2.2 Market Estimates & Forecast by Region, 2022-2030

7.3 Maintenance & Repair

7.3.1 Market Estimates & Forecast, 2022-2030

7.3.2 Market Estimates & Forecast by Region, 2022-2030

8 Global Elevators and Escalators Market, By End User

8.1 Introduction

8.2 Residential

8.2.1 Market Estimates & Forecast, 2022-2030

8.2.2 Market Estimates & Forecast by Region, 2022-2030

8.3 Non-Residential

8.3.1 Market Estimates & Forecast, 2022-2030

8.3.2 Market Estimates & Forecast by Region, 2022-2030

9 Global Elevators and Escalators Market, By Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2022-2030

9.2.2 Market Estimates & Forecast by Type, 2022-2030

9.2.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.4 Market Estimates & Forecast by Services, 2022-2030

9.2.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.6 The U.S.

9.2.6.1 Market Estimates & Forecast, 2022-2030

9.2.6.2 Market Estimates & Forecast by Type, 2022-2030

9.2.6.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.6.4 Market Estimates & Forecast by Services, 2022-2030

9.2.6.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.7 Canada

9.2.7.1 Market Estimates & Forecast, 2022-2030

9.2.7.2 Market Estimates & Forecast by Type, 2022-2030

9.2.7.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.7.4 Market Estimates & Forecast by Services, 2022-2030

9.2.7.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3 Europe

9.3.1 Market Estimates & Forecast, 2022-2030

9.3.2 Market Estimates & Forecast by Type, 2022-2030

9.3.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.4 Market Estimates & Forecast by Services, 2022-2030

9.3.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.6 U.K

9.3.6.1 Market Estimates & Forecast, 2022-2030

9.3.6.2 Market Estimates & Forecast by Type, 2022-2030

9.3.6.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.2.6.4 Market Estimates & Forecast by Services, 2022-2030

9.2.6.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.7 Germany

9.3.7.1 Market Estimates & Forecast, 2022-2030

9.3.7.2 Market Estimates & Forecast by Type, 2022-2030

9.3.7.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.7.4 Market Estimates & Forecast by Services, 2022-2030

9.3.7.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.8 France

9.3.8.1 Market Estimates & Forecast, 2022-2030

9.3.8.2 Market Estimates & Forecast by Type, 2022-2030

9.3.8.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.8.4 Market Estimates & Forecast by Services, 2022-2030

9.3.8.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.9 Italy

9.3.9.1 Market Estimates & Forecast, 2022-2030

9.3.9.2 Market Estimates & Forecast by Type, 2022-2030

9.3.9.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.9.4 Market Estimates & Forecast by Services, 2022-2030

9.3.9.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2022-2030

9.3.10.2 Market Estimates & Forecast by Type, 2022-2030

9.3.10.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.3.10.4 Market Estimates & Forecast by Services, 2022-2030

9.3.10.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2022-2030

9.4.2 Market Estimates & Forecast by Type, 2022-2030

9.4.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.4 Market Estimates & Forecast by Services, 2022-2030

9.4.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.6 China

9.4.6.1 Market Estimates & Forecast, 2022-2030

9.4.6.2 Market Estimates & Forecast by Type, 2022-2030

9.4.6.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.6.4 Market Estimates & Forecast by Services, 2022-2030

9.4.6.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2022-2030

9.4.7.2 Market Estimates & Forecast by Type, 2022-2030

9.4.7.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.7.4 Market Estimates & Forecast by Services, 2022-2030

9.4.7.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.8 India

9.4.8.1 Market Estimates & Forecast, 2022-2030

9.4.8.2 Market Estimates & Forecast by Type, 2022-2030

9.4.8.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.8.4 Market Estimates & Forecast by Services 2022-2030

9.4.8.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2022-2030

9.4.9.2 Market Estimates & Forecast by Type, 2022-2030

9.4.9.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.4.9.4 Market Estimates & Forecast by Services, 2022-2030

9.4.9.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.5 Rest of the World

9.5.1 Market Estimates & Forecast, 2022-2030

9.5.2 Market Estimates & Forecast by Type, 2022-2030

9.5.3 Market Estimates & Forecast by Elevator Technology, 2022-2030

9.5.4 Market Estimates & Forecast by Services, 2022-2030

9.5.5 Market Estimates & Forecast by Elevator Technology, 2022-2030

10 Competitive Landscape

11 Company Profile

11.1 KONE Corporation

11.1.1 Company Overview

11.1.2 Products/Services Offering

11.1.3 Financial Overview

11.1.4 Key Developments

11.1.5 Strategy

11.1.6 SWOT Analysis

11.2 Sigma Elevator Company

11.2.1 Company Overview

11.2.2 Products/Services Offering

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 Strategy

11.2.6 SWOT Analysis

11.3 Otis Elevator Company

11.3.1 Company Overview

11.3.2 Products/Services Offering

11.3.3 Financial Overview

11.3.4 Key Developments

11.3.5 Strategy

11.3.6 SWOT Analysis

11.4 United Technologies

11.4.1 Company Overview

11.4.2 Products/Services Offering

11.4.3 Financial Overview

11.4.4 Key Developments

11.4.5 Strategy

11.4.6 SWOT Analysis

11.5 Schindler

11.5.1 Company Overview

11.5.2 Products/Services Offering

11.5.3 Financial Overview

11.5.4 Key Developments

11.5.5 Strategy

11.5.6 SWOT Analysis

11.6 Mitsubishi Electric Corporation

11.6.1 Company Overview

11.6.2 Products/Services Offering

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 Strategy

11.6.6 SWOT Analysis

11.7 ThyssenKrupp AG

11.7.1 Company Overview

11.7.2 Products/Services Offering

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 Strategy

11.7.6 SWOT Analysis

11.8 FUJITEC

11.8.1 Company Overview

11.8.2 Products/Services Offering

11.8.3 Financial Overview

11.8.4 Key Developments

11.8.5 Strategy

11.8.6 SWOT Analysis

11.9 Hitachi Ltd

11.9.1 Company Overview

11.9.2 Products/Services Offering

11.9.3 Financial Overview

11.9.4 Key Developments

11.9.5 Strategy

11.9.6 SWOT Analysis

11.10 Hyundai Elevator Co., Ltd

11.10.1 Company Overview

11.10.2 Products/Services Offering

11.10.3 Financial Overview

11.10.4 Key Developments

11.10.5 Strategy

11.10.6 SWOT Analysis

11.11 Toshiba Elevator And Building Systems Corporation

11.11.1 Company Overview

11.11.2 Products/Services Offering

11.11.3 Financial Overview

11.11.4 Key Developments

11.11.5 Strategy

11.11.6 SWOT Analysis

11.7 Stein Ltd

11.12.1 Company Overview

11.12.2 Products/Services Offering

11.12.3 Financial Overview

11.12.4 Key Developments

11.12.5 Strategy

11.12.6 SWOT Analysis

11.8 PAPPAS Elevators

11.13.1 Company Overview

11.13.2 Products/Services Offering

11.13.3 Financial Overview

11.13.4 Key Developments

11.13.5 Strategy

11.13.6 SWOT Analysis

11.9 Gulf Elevator & Escalator Co. Ltd

11.14.1 Company Overview

11.14.2 Products/Services Offering

11.14.3 Financial Overview

11.14.4 Key Developments

11.14.5 Strategy

11.14.6 SWOT Analysis

11.15 Electra Ltd.

11.15.1 Company Overview

11.15.2 Products/Services Offering

11.15.3 Financial Overview

11.15.4 Key Developments

11.15.5 Strategy

11.15.6 SWOT Analysis  

List of Tables

Table 1 Global Elevators and Escalators Market: By Region, 2022-2030

Table 2 North America Elevators and Escalators Market: By Country, 2022-2030

Table 3 Europe Elevators and Escalators Market: By Country, 2022-2030

Table 4 Asia Pacific Elevators and Escalators Market: By Country, 2022-2030

Table 5 RoW Elevators and Escalators Market: By Country, 2022-2030

Table 6 Global Elevators and Escalators Market, By Type, By Regions, 2022-2030

Table 7 North America Elevators and Escalators Market, By Type, By Country, 2022-2030

Table 8 Europe Elevators and Escalators Market, By Type, By Country, 2022-2030

Table 9 Asia Pacific Elevators and Escalators Market by Type, By Country, 2022-2030

Table 10 RoW Elevators and Escalators Market by Type, By Country, 2022-2030

Table 11 Global Elevators and Escalators by Elevator Technology Market: By Regions, 2022-2030

Table 12 North America Elevators and Escalators Market by Elevator Technology: By Country, 2022-2030

Table 13 Europe Elevators and Escalators Market by Elevator Technology: By Country, 2022-2030

Table 14 Asia Pacific Elevators and Escalators Market by Elevator Technology: By Country, 2022-2030

Table 15 RoW Elevators and Escalators Market by Elevator Technology: By Country, 2022-2030

Table 16 Global Elevators and Escalators by Services Market: By Regions, 2022-2030

Table 17 North America Elevators and Escalators Market by Services: By Country, 2022-2030

Table 18 Europe Elevators and Escalators Market by Services: By Country, 2022-2030

Table 19 Asia Pacific Elevators and Escalators Market by Services: By Country, 2022-2030

Table 20 RoW Elevators and Escalators Market by Services: By Country, 2022-2030

Table 21 Global Elevators and Escalators by End User Market: By Regions, 2022-2030

Table 22 North America Elevators and Escalators Market by End User: By Country, 2022-2030

Table 23 Europe Elevators and Escalators Market by End User: By Country, 2022-2030

Table 24 Asia Pacific Elevators and Escalators Market by End User: By Country, 2022-2030

Table 25 RoW Elevators and Escalators Market by End User: By Country, 2022-2030

Table 26 Global Elevators and Escalators Market: By Region, 2022-2030

Table 27 Global Elevators and Escalators Market: By Type, 2022-2030

Table 18 Global Elevators and Escalators Market: By Elevator Technology, 2022-2030

Table 27 Global Elevators and Escalators Market: By Services, 2022-2030

Table 18 Global Elevators and Escalators Market: By End User, 2022-2030

Table 19 North America Elevators and Escalators Market, By Country

Table 20 North America Elevators and Escalators Market, By Type

Table 21 North America Elevators and Escalators Market, By Elevator Technology

Table 20 North America Elevators and Escalators Market, By Services

Table 21 North America Elevators and Escalators Market, By End User

Table 22 Europe: Elevators and Escalators Market, By Country

Table 23 Europe: Elevators and Escalators Market, By Type

Table 24 Europe: Elevators and Escalators Market, By Elevator Technology

Table 25 Europe: Elevators and Escalators Market, By Services

Table 26 Europe: Elevators and Escalators Market, By End User

Table 27 Asia Pacific: Elevators and Escalators Market, By Country

Table 28 Asia Pacific: Elevators and Escalators Market, By Type

Table 29 Asia Pacific: Elevators and Escalators Market, By Elevator Technology

Table 30 Asia Pacific: Elevators and Escalators Market, By Services

Table 31 Asia Pacific: Elevators and Escalators Market, By End User

Table 32 RoW: Elevators and Escalators Market, By Region

Table 33 RoW Elevators and Escalators Market, By Type

Table 34 RoW Elevators and Escalators Market, By Elevator Technology

Table 35 RoW Elevators and Escalators Market, By Services

Table 36 RoW Elevators and Escalators Market, By End User

List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top down & Bottom up Approach

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Elevators and Escalators Market SHARE, By Type, 2022 (%)

FIGURE 9 Global Elevators and Escalators Market, By Type, 2022-2030 (USD MILLION)

FIGURE 10 Global Elevators and Escalators Market SHARE, By Elevator Technology, 2022 (%)

FIGURE 11 Global Elevators and Escalators Market, By Elevator Technology, 2022-2030 (USD MILLION)

FIGURE 12 Global Elevators and Escalators Market SHARE, By Services, 2022 (%)

FIGURE 13 Global Elevators and Escalators Market, By Services, 2022-2030 (USD MILLION)

FIGURE 14 Global Elevators and Escalators Market SHARE, By End User, 2022 (%)

FIGURE 15 Global Elevators and Escalators Market, By End User, 2022-2030 (USD MILLION

FIGURE 16 Global Elevators and Escalators Market SHARE (%), BY REGION, 2022

FIGURE 17 Global Elevators and Escalators Market, BY REGION, 2022-2030 (USD MILLION)

FIGURE 18 North America Elevators and Escalators Market SHARE (%), 2022

FIGURE 19 North America Elevators and Escalators Market BY Country, 2022-2030 (USD MILLION)

FIGURE 20 Europe Elevators and Escalators Market SHARE (%), 2022

FIGURE 21 Europe Elevators and Escalators Market BY Country, 2022-2030 (USD MILLION)

FIGURE 22 Asia Pacific Elevators and Escalators Market SHARE (%), 2022

FIGURE 23 Asia Pacific Elevators and Escalators Market BY Country, 2022-2030 (USD MILLION)

FIGURE 24 Rest of the World Elevators and Escalators Market SHARE (%), 2022

FIGURE 25 Rest of the World Elevators and Escalators Market BY Country, 2022-2030 (USD MILLION)

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