World Elevators

As Quoted In Bloomberg Businessweek

Gains in world elevator and escalator equipment and services demand will benefit from continuing strong growth in developing regions and recoveries in many developed countries.

World demand to rise 6.4% annually through 2015

Global demand for elevator equipment (including escalators) and services is projected to rise 6.4 percent per year through 2015 to $90 billion. Gains will benefit from continuing strong growth in developing regions and recoveries in many developed countries from recessionary conditions. Even stonger advances will be prevented by a deceleration in average elevator price growth. Unit sales of passenger and freight elevators are projected to expand 7.5 percent annually to 920,000 in 2015.

Energy-efficient, in-home elevators to lead gains

Energy-efficient elevators will see strong sales growth through 2015. In-home elevator sales will also see healthy gains due to a rising elderly population in the developed world. Machine room-less (MRL) elevators will continue to increase their penetration of the global elevator market through 2015, and will dominate the market in the ensuing years. Current generation MRL elevators were introduced in the mid-1990s, and subsequent technological improvements have made them amenable for use in most types of buildings. Moreover, the space and energy saving benefits of MRL elevators are becoming highly relevant in today’s increasingly environmentally aware world.

China to remain largest elevator, escalator market

China will solidify its position as the world’s largest national elevator market, with domestic demand growing over twelve percent per year. The country will add over 90 million new urban residents by 2015, and elevator demand tends to be heavily concentrated in urban centers. India will also see strong growth, with its urban population expected to increase by 45 million people by 2015.

China will also maintain its position as the world’s largest escalator market. The country is expected to continue to see major expansion in its public transportation infrastructure, with government plans to build well over 50 new airports by 2015, and significantly expand the country’s burgeoning high-speed railway network.

Growth in US demand for elevator equipment and services will outpace most developed countries through 2015, but gains will be coming off a very weak base due to the country’s 2009 recession and weak recovery in 2010. Demand growth in Japan and Western Europe will lag the world average through 2015, although the Japanese equipment market will post significant recovery in comparison to the performance of the 2005 to 2010 period.

Study Scope

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.

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Purchase World Elevators by the Section

  1. World Elevators

    $5,900.00

    1. 1 INTRODUCTION

      $262.00

    2. 2 EXECUTIVE SUMMARY

      $183.00

      1. Table | WORLD ELEVATOR EQUIPMENT & SERVICES DEMAND (billion dollars)

    3. 3 MARKET ENVIRONMENT

      $1,261.00

      1. 3.1 General

        $82.00

      2. 3.2 World Economic Overview

        $443.00

        1. 3.2.1 Recent Historical Trends

          $143.00

        2. 3.2.2 World Economic Outlook

          $276.00

          1. Table | WORLD GROSS DOMESTIC PRODUCT BY REGION (billion 2009 dollars)

      3. 3.3 World Demographic Overview

        $163.00

        1. 3.3.1 Population

          $82.00

          1. Table | WORLD POPULATION BY REGION (million persons)

        2. 3.3.2 Urbanization

          $82.00

          1. Table | WORLD URBAN POPULATION BY REGION (million persons)

      4. 3.4 Gross Domestic Product Per Capita

        $99.00

        1. Table | WORLD PER CAPITA GDP BY REGION (2009 dollars)

      5. 3.5 World Building Construction Outlook

        $257.00

        1. Table | WORLD BUILDING CONSTRUCTION EXPENDITURES BY REGION (billion 2009 dollars)

        2. 3.5.1 Residential

          $125.00

          1. Table | WORLD RESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION (billion 2009 dollars)

        3. 3.5.2 Nonresidential

          $82.00

          1. Table | WORLD NONRESIDENTIAL BUILDING CONSTRUCTION EXPENDITURES BY REGION (billion 2009 dollars)

      6. 3.6 Legal & Regulatory Overview

        $161.00

        1. 3.6.1 Safety Regulations

          $82.00

        2. 3.6.2 Other Regulations

          $82.00

      7. 3.7 Pricing Trends

        $89.00

        1. Table | WORLD AVERAGE PASSENGER/FREIGHT ELEVATOR PRICES BY REGION (thousand dollars per unit)

    4. 4 MARKET OVERVIEW

      $1,187.00

      1. 4.1 Demand by Region

        $105.00

        1. Table | WORLD ELEVATOR EQUIPMENT & SERVICES DEMAND BY REGION (billion dollars)

      2. 4.2 Relationship of Per Capita Income & Elevator Market

        $156.00

      3. 4.3 Demand by Product & Service

        $632.00

        1. Table | WORLD ELEVATOR EQUIPMENT & SERVICES DEMAND BY TYPE (billion dollars)

        2. 4.3.1 Equipment

          $388.00

          1. Table | WORLD PASSENGER & FREIGHT ELEVATOR DEMAND BY REGION (million dollars)

          2. Table | WORLD ESCALATOR & MOVING WALKWAY DEMAND BY REGION (million dollars)

          3. Table | WORLD ELEVATOR OTHER EQUIPMENT & PARTS DEMAND BY REGION (million dollars)

        3. 4.3.2 Service

          $155.00

          1. Table | WORLD ELEVATOR INSTALLATION SERVICES DEMAND BY REGION (million dollars)

          2. Table | WORLD ELEVATOR MODERNIZATION & REPAIR SERVICES DEMAND (million dollars)

      4. 4.4 Demand by Market

        $138.00

        1. Table | WORLD ELEVATOR EQUIPMENT & SERVICES DEMAND BY MARKET (billion dollars)

        2. 4.4.1 Residential

          $82.00

        3. 4.4.2 Nonresidential

          $82.00

      5. 4.5 Shipments by Region

        $82.00

        1. Table | WORLD ELEVATOR EQUIPMENT SHIPMENTS BY REGION (million dollars)

      6. 4.6 International Trade

        $87.00

        1. Table | WORLD ELEVATOR NET EXPORTS BY REGION (million dollars)

    5. 5 NORTH AMERICA

      $1,103.00

      1. 5.1 North America: General

        $281.00

        1. 5.1.1 North America: Supply & Demand

          $87.00

          1. Table | NORTH AMERICA: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 5.1.2 North America: Demand by Type & Market

          $82.00

          1. Table | NORTH AMERICA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 5.1.3 North America: Passenger/Freight Elevator Demand

          $82.00

          1. Table | NORTH AMERICA: PASSENGER/FREIGHT ELEVATOR DEMAND

      2. 5.2 United States

        $319.00

        1. 5.2.1 United States: Supply & Demand

          $82.00

          1. Table | UNITED STATES: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 5.2.2 United States: Demand by Type & Market

          $93.00

          1. Table | UNITED STATES: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 5.2.3 United States: Passenger/Freight Elevator Demand

          $82.00

          1. Table | UNITED STATES: PASSENGER/FREIGHT ELEVATOR DEMAND

      3. 5.3 Canada

        $235.00

        1. 5.3.1 Canada: Supply & Demand

          $82.00

          1. Table | CANADA: ELEVATOR SUPPLY & DEMAND (million US dollars)

        2. 5.3.2 Canada: Demand by Type & Market

          $82.00

          1. Table | CANADA: ELEVATOR DEMAND BY TYPE & MARKET (million US dollars)

        3. 5.3.3 Canada: Passenger/Freight Elevator Demand

          $82.00

          1. Table | CANADA: PASSENGER/FREIGHT ELEVATOR DEMAND

      4. 5.4 Mexico

        $267.00

        1. 5.4.1 Mexico: Supply & Demand

          $82.00

          1. Table | MEXICO: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 5.4.2 Mexico: Demand by Type & Market

          $82.00

          1. Table | MEXICO: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 5.4.3 Mexico: Passenger/Freight Elevator Demand

          $82.00

          1. Table | MEXICO: PASSENGER/FREIGHT ELEVATOR DEMAND

    6. 6 WESTERN EUROPE

      $2,094.00

      1. 6.1 Western Europe: General

        $298.00

        1. 6.1.1 Western Europe: Supply & Demand

          $89.00

          1. Table | WESTERN EUROPE: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.1.2 Western Europe: Demand by Type & Market

          $82.00

          1. Table | WESTERN EUROPE: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.1.3 Western Europe: Passenger/Freight Elevator Demand

          $82.00

          1. Table | WESTERN EUROPE: PASSENGER/FREIGHT ELEVATOR DEMAND

      2. 6.2 Spain

        $266.00

        1. 6.2.1 Spain: Supply & Demand

          $82.00

          1. Table | SPAIN: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.2.2 Spain: Demand by Type & Market

          $82.00

          1. Table | SPAIN: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.2.3 Spain: Passenger/Freight Elevator Demand

          $82.00

          1. Table | SPAIN: PASSENGER/FREIGHT ELEVATOR DEMAND

      3. 6.3 Italy

        $254.00

        1. 6.3.1 Italy: Supply & Demand

          $82.00

          1. Table | ITALY: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.3.2 Italy: Demand by Type & Market

          $82.00

          1. Table | ITALY: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.3.3 Italy: Passenger/Freight Elevator Demand

          $82.00

          1. Table | ITALY: PASSENGER/FREIGHT ELEVATOR DEMAND

      4. 6.4 Germany

        $242.00

        1. 6.4.1 Germany: Supply & Demand

          $82.00

          1. Table | GERMANY: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.4.2 Germany: Demand by Type & Market

          $82.00

          1. Table | GERMANY: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.4.3 Germany: Passenger/Freight Elevator Demand

          $82.00

          1. Table | GERMANY: ASSENGER/FREIGHT ELEVATOR DEMAND

      5. 6.5 France

        $271.00

        1. 6.5.1 France: Supply & Demand

          $82.00

          1. Table | FRANCE: LEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.5.2 France: Demand by Type & Market

          $82.00

          1. Table | FRANCE: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.5.3 France: Passenger/Freight Elevator Demand

          $82.00

          1. Table | FRANCE: PASSENGER/FREIGHT ELEVATOR DEMAND

      6. 6.6 United Kingdom

        $253.00

        1. 6.6.1 United Kingdom: Supply & Demand

          $82.00

          1. Table | UNITED KINGDOM: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.6.2 United Kingdom: Demand by Type & Market

          $82.00

          1. Table | UNITED KINGDOM: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.6.3 United Kingdom: Passenger/Freight Elevator Demand

          $82.00

          1. Table | UNITED KINGDOM: PASSENGER/FREIGHT ELEVATOR DEMAND

      7. 6.7 Netherlands

        $245.00

        1. 6.7.1 Netherlands: Supply & Demand

          $82.00

          1. Table | NETHERLANDS: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.7.2 Netherlands: Demand by Type & Market

          $82.00

          1. Table | NETHERLANDS: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.7.3 Netherlands: Passenger/Freight Elevator Demand

          $82.00

          1. Table | NETHERLANDS: PASSENGER/FREIGHT ELEVATOR DEMAND

      8. 6.8 Other Western Europe

        $263.00

        1. 6.8.1 Other Western Europe: Supply & Demand

          $94.00

          1. Table | OTHER WESTERN EUROPE: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 6.8.2 Other Western Europe: Demand by Type & Market

          $82.00

          1. Table | OTHER WESTERN EUROPE: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 6.8.3 Other Western Europe: Passenger/Freight Elevator Demand

          $82.00

          1. Table | OTHER WESTERN EUROPE: PASSENGER/FREIGHT ELEVATOR DEMAND

    7. 7 ASIA/PACIFIC

      $2,005.00

      1. 7.1 Asia/Pacific: General

        $328.00

        1. 7.1.1 Asia/Pacific: Supply & Demand

          $92.00

          1. Table | ASIA/PACIFIC: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.1.2 Asia/Pacific: Demand by Type & Market

          $82.00

          1. Table | ASIA/PACIFIC: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.1.3 Asia/Pacific: Passenger/Freight Elevator Demand

          $82.00

          1. Table | ASIA/PACIFIC: PASSENGER/FREIGHT ELEVATOR DEMAND

      2. 7.2 China

        $460.00

        1. 7.2.1 China: Supply & Demand

          $90.00

          1. Table | CHINA: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.2.2 China: Demand by Type & Market

          $87.00

          1. Table | CHINA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.2.3 China: Passenger/Freight Elevator Demand

          $123.00

          1. Table | CHINA: PASSENGER/FREIGHT ELEVATOR DEMAND

      3. 7.3 Japan

        $286.00

        1. 7.3.1 Japan: Supply & Demand

          $82.00

          1. Table | JAPAN: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.3.2 Japan: Demand by Type & Market

          $82.00

          1. Table | JAPAN: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.3.3 Japan: Passenger/Freight Elevator Demand

          $82.00

          1. Table | JAPAN: PASSENGER/FREIGHT ELEVATOR DEMAND

      4. 7.4 South Korea

        $311.00

        1. 7.4.1 South Korea: Supply & Demand

          $95.00

          1. Table | SOUTH KOREA: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.4.2 South Korea: Demand by Type & Market

          $82.00

          1. Table | SOUTH KOREA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.4.3 South Korea: Passenger/Freight Elevator Demand

          $82.00

          1. Table | SOUTH KOREA: PASSENGER/FREIGHT ELEVATOR DEMAND

      5. 7.5 India

        $307.00

        1. 7.5.1 India: Supply & Demand

          $82.00

          1. Table | INDIA: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.5.2 India: Demand by Type & Market

          $82.00

          1. Table | INDIA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.5.3 India: Passenger/Freight Elevator Demand

          $82.00

          1. Table | INDIA: PASSENGER/FREIGHT ELEVATOR DEMAND

      6. 7.6 Other Asia/Pacific

        $313.00

        1. 7.6.1 Other Asia/Pacific: Supply & Demand

          $87.00

          1. Table | OTHER ASIA/PACIFIC: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 7.6.2 Other Asia/Pacific: Demand by Type & Market

          $82.00

          1. Table | OTHER ASIA/PACIFIC: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 7.6.3 Other Asia/Pacific: Passenger/Freight Elevator Demand

          $82.00

          1. Table | OTHER ASIA/PACIFIC: PASSENGER/FREIGHT ELEVATOR DEMAND

    8. 8 OTHER REGIONS

      $2,458.00

      1. 8.1 Central & South America

        $802.00

        1. 8.1.1 Central & South America: Supply & Demand

          $87.00

          1. Table | CENTRAL & SOUTH AMERICA: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 8.1.2 Central & South America: Demand by Type & Market

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 8.1.3 Central & South America: Passenger/Freight Elevator Demand

          $82.00

          1. Table | CENTRAL & SOUTH AMERICA: PASSENGER/FREIGHT ELEVATOR DEMAND

        4. 8.1.4 Brazil

          $261.00

          1. Table | BRAZIL: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | BRAZIL: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | BRAZIL: PASSENGER/FREIGHT ELEVATOR DEMAND

        5. 8.1.5 Other Central & South America

          $261.00

          1. Table | OTHER CENTRAL & SOUTH AMERICA: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | OTHER CENTRAL & SOUTH AMERICA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | OTHER CENTRAL & SOUTH AMERICA: PASSENGER/FREIGHT ELEVATOR DEMAND

      2. 8.2 Eastern Europe

        $785.00

        1. 8.2.1 Eastern Europe: Supply & Demand

          $82.00

          1. Table | EASTERN EUROPE: ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 8.2.2 Eastern Europe: Demand by Type & Market

          $82.00

          1. Table | EASTERN EUROPE: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 8.2.3 Eastern Europe: Passenger/Freight Elevator Demand

          $82.00

          1. Table | EASTERN EUROPE: PASSENGER/FREIGHT ELEVATOR DEMAND

        4. 8.2.4 Russia

          $286.00

          1. Table | RUSSIA: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | RUSSIA: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | RUSSIA: PASSENGER/FREIGHT ELEVATOR DEMAND

        5. 8.2.5 Other Eastern Europe

          $256.00

          1. Table | OTHER EASTERN EUROPE: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | OTHER EASTERN EUROPE: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | OTHER EASTERN EUROPE: PASSENGER/FREIGHT ELEVATOR DEMAND

      3. 8.3 Africa/Mideast

        $870.00

        1. 8.3.1 Africa/Mideast: Supply & Demand

          $87.00

          1. Table | ELEVATOR SUPPLY & DEMAND (million dollars)

        2. 8.3.2 Africa/Mideast: Demand by Type & Market

          $82.00

          1. Table | AFRICA/MIDEAST: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

        3. 8.3.3 Africa/Mideast: Passenger/Freight Elevator Demand

          $82.00

          1. Table | AFRICA/MIDEAST: PASSENGER/FREIGHT ELEVATOR DEMAND

        4. 8.3.4 Turkey

          $238.00

          1. Table | TURKEY: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | TURKEY: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | TURKEY: PASSENGER/FREIGHT ELEVATOR DEMAND

        5. 8.3.5 Other Africa/Mideast

          $336.00

          1. Table | OTHER AFRICA/MIDEAST: ELEVATOR SUPPLY & DEMAND (million dollars)

          2. Table | OTHER AFRICA/MIDEAST: ELEVATOR DEMAND BY TYPE & MARKET (million dollars)

          3. Table | OTHER AFRICA/MIDEAST: PASSENGER/FREIGHT ELEVATOR DEMAND

    9. 9 INDUSTRY STRUCTURE

      $5,937.00

      1. 9.1 General

        $82.00

      2. 9.2 Market Composition

        $82.00

        1. Table | WORLD ELEVATOR SALES BY COMPANY, 2010 (million dollars)

      3. 9.3 Market Share

        $164.00

      4. 9.4 Manufacturing & Development

        $151.00

      5. 9.5 Marketing & Distribution

        $82.00

      6. 9.6 Mergers & Acquisitions

        $88.00

        1. Table | SELECTED ACQUISITIONS & DIVESTITURES

      7. 9.7 Cooperative Agreements

        $89.00

        1. Table | SELECTED COOPERATIVE AGREEMENTS

      8. 9.8 Company Profiles

        $5,290.00

        1. 9.8.1 Alimak Hek Group AB

          $234.00

        2. 9.8.2 Apex Elevators Pvt Limited

          $151.00

        3. 9.8.3 Canny Elevator Company Limited

          $94.00

        4. 9.8.4 China Ningbo Xinda Group Company Limited

          $156.00

        5. 9.8.5 City Lifts India Limited

          $109.00

        6. 9.8.6 Delta Elevator Company Limited

          $145.00

        7. 9.8.7 Eros Elevators Private Limited

          $151.00

        8. 9.8.8 Eskay Elevators Private Limited

          $96.00

        9. 9.8.9 FARMA Srl

          $82.00

        10. 9.8.10 Fujitec Company Limited

          $279.00

        11. 9.8.11 Hitachi Limited

          $199.00

        12. 9.8.12 Huetter-Aufzuege GmbH

          $85.00

        13. 9.8.13 Hyundai Elevator Company Limited

          $329.00

        14. 9.8.14 Johnson Lifts Private Limited

          $132.00

        15. 9.8.15 Karacharovo Mechanical Factory Open Joint Stock Company

          $82.00

        16. 9.8.16 KONE Corporation

          $468.00

        17. 9.8.17 Mitsubishi Electric Corporation

          $174.00

        18. 9.8.18 Omega Elevators

          $93.00

        19. 9.8.19 Orona S. Cooperativa

          $93.00

        20. 9.8.20 Schindler Holding Limited

          $487.00

        21. 9.8.21 SEMATIC Italia SpA

          $184.00

        22. 9.8.22 Shenyang Brilliant Elevator Company Limited

          $82.00

        23. 9.8.23 SODIMAS

          $113.00

        24. 9.8.24 Supriya Elevator India Private Limited

          $82.00

        25. 9.8.25 Suzhou Jiangnan Jiajie Elevator Company Limited

          $82.00

        26. 9.8.26 ThyssenKrupp AG

          $509.00

        27. 9.8.27 Toshiba Corporation

          $189.00

        28. 9.8.28 United Technologies Corporation

          $410.00

        29. 9.8.29 Vestner Aufzuege GmbH & Company KG

          $82.00

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