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Elevators Market Research Report Information By Type (Passenger Elevator, Goods Elevator, Capsule Elevator, Automobile Elevator, Stretcher Elevator, and Hydraulic Elevator), By Application (Residential and Commercial), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Market Forecast Till 2032


ID: MRFR/CO/1017-HCR | 112 Pages | Author: Tejas Chaudhary| December 2024

Elevators Market Type Outlook (USD Billion, 2018-2032)




  • Passenger Elevator




  • Goods Elevator




  • Capsule Elevator




  • Automobile Elevator




  • Stretcher Elevator




  • Hydraulic Elevator




Elevators Market Application Outlook (USD Billion, 2018-2032)




  • Residential




  • Commercial




Elevators Market Regional Outlook (USD Billion, 2018-2032)




  • North America Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • US Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Canada Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial








  • Europe Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Germany Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • France Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • UK Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Italy Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Spain Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Rest Of Europe Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial








  • Asia-Pacific Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • China Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Japan Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • India Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Australia Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial








  • Rest of the World Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Middle East Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Africa Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial






    • Latin America Outlook (USD Billion, 2018-2032)




    • Elevators Market by Type




      • Passenger Elevator




      • Goods Elevator




      • Capsule Elevator




      • Automobile Elevator




      • Stretcher Elevator




      • Hydraulic Elevator






    • Elevators Market by Application




      • Residential




      • Commercial







Research Methodology on Elevators Market


Research methodology is the most crucial component of every research report that directs the course of the research and provides a systematic and organized processing of data. As it is proposed that the global elevator market will be studied, its purpose is to identify the factors affecting the growth of the elevator market including market trends, customer preferences, various competitive strategies employed by organizations, and so on. Therefore, a comprehensive research methodology has been formulated to conduct an in-depth investigation of the relevant market with clarity and precision.


Information Procurement Process


To acquire the most accurate data for the research, a combination of primary and secondary research approaches have been adopted. Several sources such as reports from market research firms, Google Scholar and other identified resources, SEC filings from the past 5 years, various industry publications, surveys, Google and other newsgroups, websites, and journals have been taken into consideration for the secondary research. Each of these sources of information has been scanned and assimilated to provide an accurate insight into the market.


Primary research involves direct contact with industry experts, including C-level executives, marketing and sales managers, and executives from key market participants, associations and authorities. The primary research helps to understand the impact of the company’s strategies on customer value transfer, customers' acceptance of their products, and the changes in customer preferences and trends. A report was written as a baseline for collecting primary data which includes recommendations on the primary approaches to be followed such as:


•          In-depth interviews with subject matter experts


•          Interviews with major players in the elevator market


•          In-store surveys and customer feedback surveys


•          Manufacturers' nations, supply chain analysis


Market Model


Data triangulation has been used to crosscheck and validate the secondary and primary surveys to contribute towards a holistic in-depth report and orderly presentation of the data. A range of metrics have been utilized including, but not limited to, bottom-up approach, top-down approach, factor analysis, time-series analysis, and demand side and supply side data triangulation.


Bottom-Up Method


The bottom-up approach has been used to compute the overall size of the elevator market from the individual product segments and sub-segments. Revenues related to every product segment have been identified through primary research and relevant industries. The revenue of the elevator market has been used to triangulate the overall market share and size.


Top-Down Approach


The top-down approach has been used to revise the estimated market size along with verification of its breakdown among various equipment types. Data from highly reliable sources has been used to estimate the elevator market size including revenues of top-selling elevator manufacturers.


Factor Analysis


Data collected from both primary and secondary sources have been verified by analyzing various market dynamics at a regional level through factor analysis. The resulting data has been verified through analysis of the macro and micro economic elements. 


Time-Series Analysis


This technique has been utilized to get an understanding of the annual and seasonal patterns in the elevator market. It helps to observe the trend of demand for the same and to analyze the key trends for making predictions and capturing future opportunities.


Demand Side/Supply Side Data Triangulation


The demand side of the market has been studied by understanding customer preferences and needs through surveys and interviews conducted in the process of primary research. Further, the supply side of the market has been studied with the help of reports from leading manufacturers, price developments, production, labour costs, raw materials etc.


Although it is difficult to acquire the exact data, an exhaustive evaluation and triangulation of the data from other sources such as industry publications, reports, and other online databases have been undertaken to provide a complete mosaic and appropriate synthesis of data.


Data Analysis and Validation


The data related to customer preferences, market trends, competitive strategies, economic changes, government guidelines, and so on have been collected and analyzed through various instruments such as descriptive analytics, predictive analytics, and advanced analytical tools. This data then has been validated through meetings with industry experts, comments from distributors and suppliers, and thorough interviews with industry professionals.


Based on the extensive research process discussed above, a comprehensive research report for the global elevator market is prepared. The research report addresses the demographics of the region where the study has been conducted, the competitive landscape, the distribution channels, the regional dynamics, and the challenges of the elevator market. It also comprises an in-depth analysis of the technological advancements happening in the market and the development strategies adopted by the companies to capture the potential opportunities in the elevator market along with forecasts till 2030. 

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TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Elevators Market, by Type

1.1.2. Global Elevators Market, by Application

1.1.3. Global Elevators Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Driver 1

4.2.2. Driver 2

4.3. Restraints

4.3.1. Restraint 1

4.4. Opportunities

4.4.1. Opportunity 1

4.5. Short-term and long-term impact of COVID 19 on Elevators market

4.5.1. Impact on overall Elevators Industry

4.5.1.1. Economic Impact

4.5.2. Impact on Elevators market

4.5.3. Impact on supply chain of Elevators

4.5.3.1. Price Variation of Key Raw Material/Component

4.5.3.2. Shutdown

4.5.3.3. Cash Flow Constraints

4.5.3.4. Impact on Import/Export

4.5.4. Impact on Market Demand of Elevators

4.5.4.1. Impact due to restriction/lockdown

4.5.4.2. Consumer Sentiments

4.5.5. Impact on Pricing of Elevators

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis/Supply Chain Analysis

5.1.1. Research & Development

5.1.2. Raw Material Supply

5.1.3. Manufacturing & Assembly

5.1.4. Distribution & Sales

5.1.5. End-Users

5.2. Porter’s Five Forces Model

5.2.1. Bargaining Power of Suppliers

5.2.2. Bargaining Power of Buyers

5.2.3. Threat of New Entrants

5.2.4. Threat of Substitutes

5.2.5. Intensity of Rivalry

6. GLOBAL ELEVATORS MARKET, BY TYPE

6.1. Introduction

6.2. Passenger Elevator

6.3. Good Elevators

6.4. Capsule Elevators

6.5. Automobile Elevators

6.6. Stretcher Elevators

6.7. Hydraulic Elevators

7. GLOBAL ELEVATORS MARKET, BY APPLICATION

7.1. Introduction

7.2. Residential

7.3. Commercial

8. GLOBAL ELEVATORS MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. US

8.2.2. Canada

8.2.3. Mexico

8.3. Europe

8.3.1. Germany

8.3.2. Russia

8.3.3. UK

8.3.4. Norway

8.3.5. Rest of Europe

8.4. Asia-Pacific

8.4.1. China

8.4.2. India

8.4.3. Indonesia

8.4.4. Australia

8.4.5. Rest of Asia-Pacific

8.5. Middle East & Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. South Africa

8.5.4. Rest of the Middle East & Africa

8.6. South America

8.6.1. Brazil

8.6.2. Argentina

8.6.3. Rest of South America

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Market Share Analysis, 2023

9.3. Competitive Analysis

9.4. Major Growth Strategy in the Global Elevators market

9.5. Competitive Benchmarking

9.6. XXX: The Leading Player in terms of Number of Developments in Global Elevators market

9.7. Key Developments & Growth Strategies

9.7.1. New product Launch/Service Deployment

9.7.2. Merger & Acquisition

9.7.3. Joint Ventures

10. COMPANY PROFILES

10.1. Omega Elevators

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Product/Services Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. Armor

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Product/Services Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. Sigma

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Product/Services Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. Mitsubishi

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Product/Services Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. Schindler

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Product/Services Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Hyundai

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Product/Services Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Fujitec

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Product/Services Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. Dover

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Product/Services Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. Thyssenkrupp AG

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Product/Services Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Kone Corporation

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Product/Services Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

11. APPENDIX

11.1. References

11.2. Related Reports

11.3. List of Abbreviations

NOTE:

This table of content is tentative and subject to change as the research progresses.

ï‚¡ In section 10, only the top companies will be profiled. Each company will be profiled based on the Market Overview, Financials, Valve Portfolio, Business Strategies, and Recent Developments parameters.

ï‚¡ Please note: The financial details of the company cannot be provided if the information is not available in the public domain and or from reliable sources.

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