Elevators Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 - 2029

Published on : May-2019 | List of Tables : 54 | List of Figures : 111 | No. of Pages : 170 | Report Code : FACT408MR | Format : ppt pdf Excel Word

In Brief

  • Global elevators market registered exponential growth at a CAGR of over 9% from 2014 to 2018. Monumental growth of the building and construction industry along with increasing reliance on technology is underpinning growth of elevators market.
  • Worldwide sales of elevators exceeded a valuation worth US$ 65 Bn in 2018, and are estimated to grow by over 10% Y-O-Y in 2019.
  • Asia Pacific will continue to be the leading market for elevators, with flourishing economies such as China and India at the forefront of demand. Elevator sales in Asia Pacific are predominantly upheld by increasing focus on infrastructure development and swift pace of urbanization across developing economies. In addition, Asia Pacific is also likely to emerge as a high growth market for elevators through 2029.
  • Energy efficiency ranks among the top end-user considerations while choosing a specific elevator model. In line with the aforementioned, manufacturers are extensively focusing on development of elevators that offer energy and space saving benefits.
elevators market snapshot

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What are the Key Growth Drivers of Elevators Market?

  • Rapid urbanization and the consequential proliferation of multi-storey buildings will continue to intensify the demand for elevators.
  • A massive outpouring of investments in building and construction projects is likely to underpin growth of elevators market.
  • Focus on upgrading infrastructure of industrial, commercial, and residential spaces is likely to set a buoyant tone for elevators market in 2019 and beyond.
  • Escalating demand for elevators from industrial units for seamless transportation of heavy loads to various floors will continue to boost market revenues through 2029.
elevators market analysis by deck type

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What are the Challenges to be Addressed by Key Stakeholders?

  • Strict government policies and regulations have been put in place to administer safety and security in elevators. Ensuring conformity to the above-mentioned policies and regulations will continue to exert high pressures on companies.
  • Over-the-top demand for top-notch assistance and instant reverts to repairs, replacements, and queries is also posing considerable challenges for companies in terms of keeping up with ever-evolving customer expectations.

Elevators Market- The Competitive Landscape

  • In 2019, Mitsubishi Electric Corporation announced the official launch of NEXIEZ-LITE MRL elevator developed by its very own subsidiary i.e. ‘Mitsubishi Elevator India Private Limited (IMEC)’. This specific product will be added to its exclusive ‘NEXIEZ-LITE’ series of elevators for use in mid- and low-rise office space, hotels, and residencies in India. This product launch was aimed at leveraging prime opportunities in India, one of the leading elevator markets.
  • In 2018, ThyssenKrupp Elevator - a leading player of the urban mobility space - announced the official launch of two new exclusive elevator families namely, ‘evolution’ and ‘synergy’ with an objective of offering customized mobility in Europe and Africa. These two new product launches were aimed at catering to increasing demand for elevators of the best quality, service, and design across the above-mentioned regions.
  • In 2018, KONE- a leading provider of escalators and elevators- made an official announcement of its acquisition of the service & repair business of Eltec Elevator Ltd. This acquisition was aimed at delivering outstanding service to the customer bases spread across various regions. In addition, this acquisition was also a big step to strengthen the company’s market foothold and ability to offer innovative elevator and escalator solutions.

Otis Elevator Company

Founded in 1853, the Otis Elevator Company has its official headquarters in Farmington, Connecticut, United States. The company is a subsidiary of the United Technologies Corporation and is involved in developing, manufacturing, and marketing of a wide range of escalators, elevators, moving walkways, and other mobility solutions.

KONE Oyj

Founded in 1910, KONE Oyj has its official headquarters in Espoo, Finland. The company offers a wide range of elevators, escalators, and other solutions for modernization and maintenance. The company has total number of eight R&D centers and seven productions sites worldwide and offers industry-best services for developers, builders, designers, and architects.

The Schindler Group

Founded in 1874, The Schindler Group has its official headquarters in Ebikon, Switzerland. Ranked among one of the leading providers of escalators and elevators, Schindler has successfully marked its presence across 100 countries. Schindler holds specialization in latest-technology engineering to develop mobility solutions offering seamless efficiency, safety, and reliability.

Fujitec Co., Ltd.

Founded in 1948, Fujitec Co., Ltd. has its operational headquarters in Japan, the Americas, East Asia, South Asia, and Europe. The brand has its own legacy and specializes in development of standardized elevators, escalators, and modern mobility solutions.

Hitachi, Ltd.

Founded in 1910, Hitachi, Ltd. has its official headquarters in Japan, Tokyo. The company operates in umpteen key business segments, which include social infrastructure & industrial systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, and others.

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elevators market research methodology

Additional Insight

Smart Elevators – End Users’ New Choice for Connected Mobility 

Demand for connected and smart elevators is on a significant rise, as end-users show high enthusiasm to explore beyond the conventional elevator technologies. The global elevators market is witnessing considerable interest in smart elevators that offer high-end security, enhanced energy efficiency, effective crowd management, and ultra-speed operation. This evolution of smart elevators can be attributed to the sheer proliferation of artificial intelligence across a wide spectrum of applications.

Increasing demand for cable-free lifts moving effortlessly across both vertical and horizontal lines is also fuelling the demand for smart elevators. Sensing end user demand in this direction, manufacturing are focusing on development of smart elevators with interactive touch panels, intuitive technologies, and cloud-predictive maintenance. End users are on the constant lookout for elevator solutions that are highly efficient, effective, and engaging, which is further boosting the demand for smart elevators.

Research Scope

elevators market research scope

Research Methodology

The Fact.MR research study on global elevators market underlines various factors driving the market revenues and trends shaping growth of elevators market. The report on elevators market offers industry-best intelligence and incisive insights into the elevators market space and the demand-supply scenario. To compile the report on elevators market, primary and secondary phases were carried out, which form the foundation of the diligent market assessment.

While primary phase included interviews and in-person interactions with key players of elevators market, secondary phase involves meticulous research from various sources, including white papers, press releases, company websites, investor presentations, and others.

Request Research Methodology of this Report.

Fact.MR offers a 10-year forecast for the elevators between 2019 and 2029. The main objective of the report is to offer insights on the advancements in the global elevators market. The study provides market dynamics that are expected to influence the current environment and future status of the elevators over the forecast period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts and opportunities for manufacturers operating in the elevators market.

A section of the report discusses how the overall competition in the elevators market is progressively increasing. It discusses various factors that are shaping internal, as well as external, competition in the elevators market. Elevators market is expected to grow at a significant pace in the near future. Moreover, rise in the residential & commercial sector along with positive global economic outlook owing to increase in income spending by the growing population are anticipated to create healthy growth opportunities for the elevators market.

The report provides detailed market share analysis of the elevators on the basis of key manufacturers. A section of the report highlights overall country-wise elevators market. It provides a market outlook for 2019–2029 and sets the forecast within the context of the report. The report sheds light on key developments and activities executed by the prominent manufacturers operating in the elevators market. 

Key Segments Covered in Elevators Report: 

On the basis of Deck type, the elevators market can be segmented into:

  • Single Deck
  • Double Deck

On the basis of Building Height, the elevators market can be segmented into:

  • Low Rise
  • High Rise
  • Mid Rise

On the basis of Speed, the elevators market can be segmented into:

  • Less than 1 m/s
  • Between 1 to 3 m/s
  • Between 4 to 6 m/s
  • Between 7 to 10 m/s
  • Above 10 m/s

On the basis of Destination Control, the elevators market can be segmented into:

  • Smart
  • Conventional

On the basis of End Use, the elevators market can be segmented into:

  • Commercial
  • Residential
  • Mix Block

On the basis of Application, the elevators market can be segmented into:

  • Passengers
  • Freight

On the basis of Region, the Elevators market can be segmented into:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA

A detailed analysis for elevators has been provided for every segment, in terms of market size (volume and value) analysis for elevators.

The report starts with the market overview and provides market definition and analysis about drivers, restraints, opportunities, supply chain analysis, key forecast factors and key trends in the elevators market. The next section includes global market analysis, analysis by deck type, building height, speed, destination control, end use, application and region level analysis for elevators. All the above sections evaluate the market for elevators on the basis of various factors affecting the market and cover present scenario and future prospects. For market data analysis, the report considers 2018 as the base year, with Elevators market numbers estimated for 2019 and forecast made for 2019–2029.

It is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR but also analyzes the same on the basis of key parameters, such as year-on-year (Y-o-Y) growth, to understand the predictability of the market and to identify the right opportunities for market players.

Another key feature of elevators market report is the analysis of all key segments in terms of absolute dollar. This is usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as in identifying potential resources, from a sales and delivery perspective in the elevators.

Research Methodology of Elevators

The report titled “Elevators” focuses on providing information regarding the volume and value of market from a global perspective. The research on the elevators market was initiated through secondary research on the product, using both top-down and bottom-up approaches, right down to the country and segmental level. Global construction sector market trends and growth projections were taken into consideration to arrive at the total elevators market. In addition to the above secondary research, yearly revenue generated by the various speed of elevators has been estimated.

Furthermore, the yearly revenue generated from elevators manufacturing companies from each capacity were obtained from both primary and secondary sources and then benchmarked at the regional level. Fluctuations in annual prices over the forecast period is based on the historic market trends and expected percentage change in the upcoming years on the basis of investment is done on the patent market and the related industry. Any decline or increase in price in the upcoming years is kept linear for all the regions.

The elevators market value, thus, deduced was once again cross verified and validated from the supply side. Fact.MR’s proprietary regression analysis forecast model has been adopted to generate the market estimation for the forecast years and takes into account the effects of macroeconomic factors impacting the overall elevators market. The approach was further validated by the primary respondents belonging to different levels across the entire value chain of elevators market, such as manufacturers and independent service providers.

Elevators Participants

In the final section of the elevators report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of elevators manufacturers have also been included within the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments in the elevators market. Key players operating in the global market for Elevators includes Otis Elevator Company, KONE OYJ, Schindler, Fujitec, Hitachi Ltd., Hyundai Elevator, Electra Elevator, Mitsubishi Electric Corporation, Thyssenkrupp AG, and Toshiba.

Chapter 1. Executive Summary
       1.1. Global Market Outlook
       1.2. Demand-Supply Side Trends
       1.3. Analysis and Recommendations

Chapter 2. Market Overview
       2.1. Market Coverage / Taxonomy
       2.2. Market Definition / Scope / Limitations

Chapter 3. Key Market Trends
       3.1. Key Trends Impacting the Market
              3.1.1 Construction/ Real Estate Condition 
              3.1.2 Rise in export of elevators parts
              3.1.3 High-Rise buildings elevators
              3.1.4 Safety as topmost priority

Chapter 4. Market Background
       4.1. Global Construction Outlook
              4.2.1. Total Construction Spending Growth by Country, 2014-18
              4.2.2. Construction Spending By Region
       4.2. Global Construction Scenario
       4.3. Macro-Economic Factors - Relevance & Impact for Insulating Blow-In Machines
              4.2.3. Manufacturing Sector GVA and Growth
              4.2.4. Per Capita Disposable Income
              4.2.5. Global GDP Growth Outlook
       4.4. Forecast Factors - Relevance & Impact
       4.5. PESTLE Analysis
       4.6. Porter’s Five Forces Analysis
       4.7. Supply Chain Analysis
              4.7.1. List of Key Manufacturers
              4.7.2. List of Suppliers
              4.7.3. List of Potential Buyers
       4.8. Market Dynamics
              4.8.1. Drivers
              4.8.2. Restraints
              4.8.3. Opportunity Analysis

Chapter 5. Global Elevator Market Demand Volume (‘000 Units) Analysis 2014-2018 Forecast, 2019-2029
       5.1. Global Elevators Market Size and Volume (‘000 Units), 2014 – 2018
       5.2. Global Elevators Market Value and Volume Y-o-Y
              5.2.1 Global Elevators Market Size and Volume (‘000 Units), 2019 – 2029
              5.2.2 Y-o-Y Growth Trend Analysis
              5.2.3 Absolute $ Opportunity Analysis

Chapter 6. Global Elevator Market - Pricing Analysis
       6.1. Regional Pricing Analysis By Speed
       6.2. Pricing Break-up
       6.3. Global Average Pricing Analysis Benchmark

Chapter 7. Global Elevator Market Demand (US$ Bn) Analysis 2014-2018 and Forecast, 2019-2029
       7.1. Historical Market Value (US$ Bn) Analysis, 2014-2018
       7.2. Current  Market Value (US$ Bn) Projections, 2019-2029
              7.2.1. Y-o-Y Growth Trend Analysis
              7.2.2. Absolute $ Opportunity Analysis

Chapter 8. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Deck Type
       8.1. Introduction / Key Findings
       8.2. Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By Deck Type, 2014 - 2018
       8.3. Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By Deck Type, 2019 - 2029
              8.3.1. Single Deck
              8.3.2. Double Deck
       8.4. Others Market Attractiveness Analysis By Deck Type

Chapter 9. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Building Height
       9.1. Introduction / Key Findings
       9.2. Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By Building Height, 2014 - 2018
       9.3. Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By Building Height, 2019 - 2029
              9.3.1. Low Rise
              9.3.2. Mid Rise
              9.3.3. High Rise
       9.4. Market Attractiveness Analysis By Building Height

Chapter 10. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Speed
       10.1. Introduction / Key Findings
       10.2. Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By Deck Type, 2014 - 2018
       10.3. Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By Deck Type, 2019 - 2029
              10.3.1. Less than 1 m/s
              10.3.2. Between 1 to 3 m/s
              10.3.3. Between 4 to 6 m/s
              10.3.4. Between 7 to 10 m/s
              10.3.5. Above 10 m/s
       10.4. Market Attractiveness Analysis By Speed

Chapter 11. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Destination Control
       11.1 Introduction / Key Findings
       11.2 Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By Destination Control, 2014 - 2018
       11.3 Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By  Destination Control, 2019 - 2029
              11.3.1 Smart 
              11.3.2 Conventional
       11.4 Market Attractiveness Analysis By Destination Control

Chapter 12. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by End-Use
       12.1 Introduction / Key Findings
       12.2 Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By End-Use, 2014 - 2018
       12.3 Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By  End-Use, 2019 - 2029
              12.3.1 Commercial
              12.3.2 Residential
              12.3.3 Mix Block
       12.4 Market Attractiveness Analysis By End-Use

Chapter 13. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Application
       13.1 Introduction / Key Findings
       13.2 Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By End-Use, 2014 - 2018
       13.3 Current  Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By Application,  2019 - 2029
              13.3.1 Passenger
              13.3.2 Freight
       13.4 Market Attractiveness Analysis By Application

Chapter 14. Global Elevator Market Analysis 2014-2018 and Forecast 2019-2029, by Region
       14.1 Introduction
       14.2 Historical Market Size (US$ Bn) and Volume(‘000 Units) Analysis By Region, 2014 - 2018
       14.3 Current Market Size (US$ Bn) and Volume(‘000 Units) Analysis and Forecast By Region, 2019 - 2029
              14.3.1 North America
              14.3.2 Latin America
              14.3.3 Europe
              14.3.4 Asia Pacific
              14.3.5 Middle East & Africa (MEA)
       14.4 Market Attractiveness Analysis By Region

Chapter 15. North America Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       15.1 Introduction
       15.2 Pricing Analysis
       15.3 Historical Market Size (US$ Bn) and Volume(‘000 Units) Trend Analysis By Market Taxonomy, 2014 - 2018
       15.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 – 2029 
              15.4.1 By Country
                      15.4.1.1 U.S.
                      15.4.1.2 Canada
              15.4.2 By Deck Type
              15.4.3 By Building Height
              15.4.4 By Product Type
              15.4.5 By Destination Control
              15.4.6 By End-Use
              15.4.7 By Application
       15.5 Market Attractiveness Analysis
              15.5.1 By Country
              15.5.2 By Deck Type
              15.5.3 By Building Height
              15.5.4 By Product Type
              15.5.5 By Destination Control
              15.5.6 By End-Use
              15.5.7 By Application
       15.6 Market Trends
       15.7 Key Market Participants - Intensity Mapping
       15.8 Drivers and Restraints - Impact Analysis

Chapter 16. Latin America Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       16.1 Introduction
       16.2 Pricing Analysis
       16.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 - 2018
       16.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              16.4.1 By Country
                      16.4.1.1 Brazil
                      16.4.1.2 Mexico
                      16.4.1.3 Rest of Latin America
              16.4.2 By Deck Type
              16.4.3 By Building Height
              16.4.4 By Product Type
              16.4.5 By Destination Control
              16.4.6 By End-Use
              16.4.7 By Application
       16.5 Market Attractiveness Analysis
              16.5.1 By Country
              16.5.2 By Deck Type
              16.5.3 By Building Height
              16.5.4 By Product Type
              16.5.5 By Destination Control
              16.5.6 By End-Use
              16.5.7 By Application
       16.6 Market Trends
       16.7 Key Market Participants - Intensity Mapping
       16.8 Drivers and Restraints - Impact Analysis

Chapter 17. Europe Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       17.1 Introduction
       17.2 Pricing Analysis
       17.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 -   2018
       17.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              17.4.1 By Country
                      17.4.1.1 Germany
                      17.4.1.2 Italy
                      17.4.1.3 France
                      17.4.1.4 U.K.
                      17.4.1.5 Spain
                      17.4.1.6 Rest of Europe
              17.4.2 By Deck Type
              17.4.3 By Building Height
              17.4.4 By Product Type
              17.4.5 By Destination Control
              17.4.6 By End-Use
              17.4.7 By Application
       17.5 Market Attractiveness Analysis
              17.5.1 By Country
              17.5.2 By Deck Type
              17.5.3 By Building Height
              17.5.4 By Product Type
              17.5.5 By Destination Control 
              17.5.6 By End-Use
              17.5.7 By Application
       17.6 Market Trends
       17.7 Key Market Participants - Intensity Mapping
       17.8 Drivers and Restraints - Impact Analysis

Chapter 18. Asia Pacific Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       18.1 Introduction
       18.2 Pricing Analysis
       18.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 - 2018
       18.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              18.4.1 By Country
                      18.4.1.1 China
                      18.4.1.2 Japan
                      18.4.1.3 India
                      18.4.1.4 Rest of Asia Pacific
              18.4.2 By Deck Type
              18.4.3 By Building Height
              18.4.4 By Product Type
              18.4.5 By Destination Control
              18.4.6 By End-Use
              18.4.7 By Application
       18.5 Market Attractiveness Analysis
              18.5.1 By Country
              18.5.2 By Deck Type
              18.5.3 By Building Height
              18.5.4 By Product Type
              18.5.5 By Destination Control
              18.5.6 By End-Use
              18.5.7 By Application
       18.6 Market Trends
       18.7 Key Market Participants - Intensity Mapping
       18.8 Drivers and Restraints - Impact Analysis

Chapter 19. Middle East and Africa Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       19.1 Introduction
       19.2 Pricing Analysis
       19.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 - 2018
       19.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              19.4.1 By Country
                      19.4.1.1 GCC Countries
                      19.4.1.2 South Africa
                      19.4.1.3 Rest of Middle East and Africa
              19.4.2 By Deck Type
              19.4.3 By Building Height
              19.4.4 By Product Type
              19.4.5 By Destination Control
              19.4.6 By End-Use
              19.4.7 By Application
       19.5 Market Attractiveness Analysis
              19.5.1 By Country
              19.5.2 By Deck Type
              19.5.3 By Building Height
              19.5.4 By Product Type
              19.5.5 By Destination Control
              19.5.6 By End-Use
              19.5.7 By Application
       19.6 Market Trends
       19.7 Key Market Participants - Intensity Mapping
       19.8 Drivers and Restraints - Impact Analysis

Chapter 20. China Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       20.1 Introduction
       20.2 Pricing Analysis
       20.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 - 2018
       20.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              20.4.1 By Deck Type
              20.4.2 By Building Height
              20.4.3 By Product Type
              20.4.4 By Destination Control
              20.4.5 By End-Use
              20.4.6 By Application
       20.5 Market Attractiveness Analysis
              20.5.1 By Deck Type
              20.5.2 By Building Height
              20.5.3 By Product Type
              20.5.4 By Destination Control
              20.5.5 By End-Use
              20.5.6 By Application
       20.6 Market Trends
       20.7 Key Market Participants - Intensity Mapping
       20.8 Drivers and Restraints - Impact Analysis

Chapter 21. India Elevator Market Analysis 2014-2018 and Forecast 2019-2029
       21.1 Introduction
       21.2 Pricing Analysis
       21.3 Historical Market Size (US$ Bn) Volume (‘000 Units)  Trend Analysis By Market Taxonomy, 2014 - 2018
       21.4 Market Size (US$ Bn) and Volume(‘000 Units) Forecast By Market Taxonomy, 2019 - 2029
              21.4.1 By Deck Type
              21.4.2 By Building Height
              21.4.3 By Product Type
              21.4.4 By Destination Control
              21.4.5 By End-Use
       21.5 Market Attractiveness Analysis
              21.5.1 By Deck Type
              21.5.2 By Building Height
              21.5.3 By Product Type
              21.5.4 By Destination Control
              21.5.5 By End-Use
       21.6 Market Trends
       21.7 Key Market Participants - Intensity Mapping
       21.8 Drivers and Restraints - Impact Analysis

Chapter 22. Competition Analysis
       22.1 Competition Dashboard
       22.2 Competition Benchmarking
       22.3 Competition Deep Dive
              22.3.1 Otis Elevator Company
                      22.3.1.1 Overview
                      22.3.1.2 Product Portfolio
                      22.3.1.3 Sales Footprint
                      22.3.1.4 Strategy Overview
              22.3.2 KONE OYJ
              22.3.3 Schindler
              22.3.4 Fujitec
              22.3.5 Hitachi Ltd.
              22.3.6 Hyundai Elevator
              22.3.7 Electra Elevator
              22.3.8 Mitsubishi Electric Corporation
              22.3.9 Thyssenkrupp AG
              22.3.10 Toshiba

Chapter 23. Assumptions and Acronyms Used

Chapter 24. Research Methodology

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Elevators Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 - 2029