Global Elevators Market Research Report with Trends, Regions, Demand, Top Players, Revenue Status with Forecast till 2026

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Rockville, US, 2018-May-10 — /EPR Network/ — A freshly compiled business intelligent report, titled Elevators Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about elevators market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Vertical Expansion of Buildings to Entail High Demand for Elevators

With rapid growth in urbanization, construction companies and governments around the world are shifting their focus toward optimum utilization of spaces existing within urban areas. With urban population witnessing a significant upsurge, construction companies are increasing focusing on vertical expansion of buildings including low-, mid- & high-rise buildings. High rise buildings are increasingly prevalent in developed economies such as the U.S., the U.K and UAE, and make efficient utilization of spaces, accommodating large number of people within a confined land space in consequent vertical spaces. Globally, over 450 high-rise buildings are under construction, with nearly 400 high-rise buildings still in pipeline. Elevators deployed over a decade ago are pushing for modernization, as obsolete parts require replacement with new efficient and cost-effective parts. New elevators will also find immense application growing construction of high-rise buildings.

Development of Energy-efficient Elevators to Influence the Market Expansion

As building infrastructures of the future have potential to soar higher into the sky, developing new energy-efficient elevators is imperative to cater the sustainability goals. Keeping the same in mind, a leading company in elevators has developed a new design to revolutionize the way people get around in complex structure of current world’s skylines. This new & advanced elevator system is deprived of ropes and is capable of moving sideways along with the traditional vertical movement. The new innovation adheres to magnetic levitation technology, similar to that used in bullet trains of Japan, implying its efficacy in operating numerous cabins simultaneously in a constant loop. Replacing the ropes & counterweight systems with magnetic levitation uncuffs a considerable amount of building’s footprint. Facilities management are also likely to leverage this new technology, as it resolves other issues including maintenance costs and waiting times. Despite huge initial investment required for this new elevator technology, capitalizing on these elevators is expected to pay off on the back of its enhanced offerings and high operational efficiency.

Competition Tracking

Toshiba Corporation, Honda Motor Co., Ltd., Generac Holdings Inc., Champion Power Equipment, Inc., Lifan Industry (Group) Co. Ltd, Yamaha Motor Co., Ltd., Wuxi Kipor Power Co. Ltd., Hyundai Motor Company, Briggs & Stratton Corporation, Ryobi Limited, and Subaru Corporation are expected to be recognized as leading manufacturers of elevators in the global market during the forecast period.

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Table of Contents:

  1. Global Economic Outlook
  2. Global Elevators Market – Executive Summary
  3. Global Elevators Market Overview
    3.1. Introduction
    3.1.1. Global Elevators Market Taxonomy
    3.1.2. Global Elevators Market Definition
    3.2. Global Elevators Market Size (US$ Mn) and Volume (Units) Forecast, 2012-2026
    3.2.1. Global Elevators Market Y-o-Y Growth
    3.3. Global Elevators Market Dynamics
    3.4. Supply Chain
    3.5. Life Cycle of Elevators Market Equipment
    3.6. Leading Manufacturers of Elevators and their Production (in millions)
    3.7. Porter’s Five Forces Analysis
    3.8. Distribution Channel Analysis
    3.9. Consumer Demands and their Impacts
    3.10. PESTLE Analysis
    3.11. Region-wise Market Positioning Assessment
    3.12. Developments in the Global Elevators and Escalators Market
    3.13. Key Takeaways
    3.14. Key Participants Market Presence (Intensity Map by Region)
  4. Global Elevators Market Analysis and Forecast 2012-2026 
    4.1. Global Elevators Market Size and Forecast By Service Type, 2012-2026
    4.1.1. Maintenance & Repair Market Size and Forecast, 2012-2026
    4.1.1.1. Revenue (US$ Mn) and Volume (Units) Comparison, By Region
    4.1.1.2. Market Share Comparison, By Region
    4.1.1.3. Y-o-Y growth Comparison, By Region

Continued………………

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