Global elevator and escalator equipment and services demand is forecast to rise 6.4 percent yearly through 2015 to $90 billion. China will solidify its spot as the largest elevator market and remain the top escalator market. The best prospects exist for energy-efficient elevators, in-home elevators and machine room-less (MRL) elevators.
This study analyzes the $66 billion world elevator industry. It presents historical demand data for the years 2000, 2005 and 2010, and forecasts for 2015 and 2020 by product (e.g., passenger and freight elevators, escalators and moving walkways), service (installation, modernization and repair), market (residential, nonresidential), world region and for 16 countries.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 29 industry players, including Otis Elevator, Schindler and ThyssenKrupp.
