LONDON--(BUSINESS WIRE)--#ElevatorandEscalatorMarketinIndia--The elevator and escalator market in India is poised to grow by USD 659.2 million during 2020-2024, progressing at a CAGR of over 9% during the forecast period.

The report on the elevator and escalator market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the number of high-speed metro projects.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Download Free Sample Report on COVID-19 Recovery Analysis

The elevator and escalator market analysis in India includes product and end-user segments. This study identifies the growing number of office spaces and commercial establishments as one of the prime reasons driving the market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The elevator and escalator market in India covers the following areas:

Elevator and Escalator Market Size in India

Elevator and Escalator Market Forecast in India

Elevator and Escalator Market Analysis in India

Companies Mentioned

• ESCON Elevators Pvt. Ltd.
• Fujitec Co. Ltd.
• Hitachi Ltd.
• Johnson Lifts Pvt. Ltd.
• KONE Corp.
• Mitsubishi Electric Corp.
• Schindler Holding Ltd.
• thyssenkrupp AG
• Toshiba Corp.
• United Technologies Corp.

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Elevator - Market size and forecast 2019-2024
• Escalator - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user placement
• Residential - Market size and forecast 2019-2024
• Non-residential - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer Landscape

• Overview

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption
• Vendor Analysis

Vendors covered

• Market positioning of vendors
• ESCON Elevators Pvt. Ltd.
• Fujitec Co. Ltd.
• Hitachi Ltd.
• Johnson Lifts Pvt. Ltd.
• KONE Corp.
• Mitsubishi Electric Corp.
• Schindler Holding Ltd.
• thyssenkrupp AG
• Toshiba Corp.
• United Technologies Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio�s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio�s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/