U.S. Elevators and Escalators Market by Product (Elevator, Escalator) By Service (New-Equipment Installation, Maintenance and Modernization) By Sector (Commercial Complex, Residential Complex), By End-Use and Regional Forecasts 2017-2025

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U.S. Elevators and Escalators Market is anticipated to grow with a healthy growth rate of more than 4.62% over the forecast period 2017-2025. Various technological developments in smart elevators are expected to foster the market growth over the forecast period. Smart elevators utilize different sensors to recognize the ongoing activity of various components in the lift. Major vendors such as KONE and Otis Elevator are partnering with technology giants that include Apple, IBM, and Microsoft to improve product offerings.                   U.S. Elevators and Escalators Market

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product

  • Elevator
  • Escalator

By Service

  • New-Equipment Installation
  • Maintenance and Modernization

By Sector

  • Commercial Complex
  • Residential Complex

By End-use

  • Material Handling Elevators
  • Passenger Elevators

Furthermore, years considered for the study are as follows:

Historical year – 2015

Base year – 2016

Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are FUJITEC, KONE, Mitsubishi Electric US, OTIS ELEVATOR, Schindler, ThyssenKrupp Elevator American Crescent Elevator, Bramalea Elevator, Cambridge Elevating, Delta Elevator Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the U.S. Elevators and Escalators in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors

Chapter 1.           U.S. Elevators and Escalators Market Definition and Scope

1.1.         Research Objective

1.2.         Market Definition

1.3.         Scope of The Study

1.4.         Years Considered for The Study

1.5.         Currency Conversion Rates

1.6.         Report Limitation

Chapter 2.           Research Methodology

2.1.         Research Process

2.1.1.     Data Mining

2.1.2.     Analysis

2.1.3.     Market Estimation

2.1.4.     Validation

2.1.5.     Publishing

2.2.         Research Assumption

Chapter 3.           Executive Summary

3.1.         Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)

3.2.         Key Trends

Chapter 4.           U.S. Elevators and Escalators Market Dynamics

4.1.         Growth Prospects

4.1.1.     Drivers

4.1.2.     Restraints

4.1.3.     Opportunities

4.2.         Industry Analysis

4.2.1.     Porter’s 5 Force Model

4.2.2.     PEST Analysis

4.2.3.     Value Chain Analysis

4.3.         Analyst Recommendation & Conclusion

Chapter 5.           U.S. Elevators and Escalators Market, By Product

5.1.         Market Snapshot

5.2.         Market Performance-Potential Model

5.3.         U.S. Elevators and Escalators; Sub Segment Analysis

5.4.         U.S. Elevators and Escalators Market, Sub Segment Analysis

5.4.1.     Elevators

5.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

5.4.2.     Escalators

5.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

Chapter 6.           U.S. Elevators and Escalators Market, By Service

7.1.         Market Snapshot

7.2.         Market Performance – Potential Model

7.3.         U.S. Elevators and Escalators Market, Sub Segment Analysis

6.1.1.     New Equipment Installation

6.1.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

6.1.2.     Maintenance and Modernization

6.1.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

Chapter 7.           U.S. Elevators and Escalators Market, by Sector

7.1.         Market Snapshot

7.2.         Market Performance-Potential Model

7.3.         U.S. Elevators and Escalators; Sub Segment Analysis

7.3.1.     Commercial Complex

7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

7.3.2.     Residential Complex

7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

Chapter 8.           U.S. Elevators and Escalators Market, by End-Use

8.1.         Market Snapshot

8.2.         Market Performance-Potential Model

8.3.         U.S. Elevators and Escalators; Sub Segment Analysis

8.3.1.     Material Handling Elevators

8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)

8.3.2.     Passenger Elevators

8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)

Chapter 9.           Competitive Intelligence

9.1.         Company Market Share (Subject to Data Availability)

9.2.         Top Market Strategies

9.3.         Company Profiles

9.3.1.     FUJITEC

9.3.1.1. Overview

9.3.1.2. Financial (Subject to Data Availability)

9.3.1.3. Product Summary

9.3.1.4. Recent Developments

9.3.2.     KONE

9.3.3.     Mitsubishi Electric US

9.3.4.     OTIS ELEVATOR

9.3.5.     Schindler

9.3.6.     ThyssenKrupp Elevator

9.3.7.     American Crescent Elevator

9.3.8.     Bramalea Elevator

9.3.9.     Cambridge Elevating

9.3.10.   Delta Elevator

The research for U.S. Elevators and Escalators Market focuses deeply on the entire value chain of the market. However, the market size estimates are purely based on the consumer side of the value chain wherein the market sizes have been calculated by analyzing the average demand for U.S. Elevators and Escalators Market across various applications.

The revenue for U.S. Elevators and Escalators Market is calculated as sum market sizes of different segments such as, product, service, End-Use, size and regions. Further, some other key data points considered to calculate the revenue for U.S. Elevators and Escalators Market includes:

  • Revenues from key companies
  • Key company market share analysis
  • Consumer spending analysis
  • Regional export and import analysis
  • Sales revenue generated by various applications in different geographies

An extensive primary and secondary research has been conducted on key industry people, through questionnaires, telephonic conversations, email conversations, and interviews to verify the market estimations. Various government websites/portals and paid data sources are considered as a key source of secondary research.

We utilize a combination of bottom-up & top-down methodology for market estimations & forecasts. Additionally, we employ data triangulation techniques to verify each of the market estimates and forecasts through primary interviews and feedbacks.

All the estimates are derived from simulation models which is our proprietary technique. Each of these models is different from each other are a combination of correlation, regression and time series analysis. Each of these models is basically divided into two types namely economic and technological. Economical models are used to determine short-term market estimates and technological models are used for long-term estimates & forecasts.


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