Elevator Equipment & Service Market is Set To Fly High in Years to Come | Hyundai Elevator, Hitachi, Kleemann Hellas, Kone

A new research document is added in HTF MI database of 109 pages, titled as 'Asia Pacific Elevator Equipment & Service Market 2020-2027 by Offering (Equipment, Service), Product Type (Elevators, Escalators, Moving Walkways), Technology (Hydraulic, Traction, Climbing, Pneumatic), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity' with detailed analysis, Competitive landscape, forecast and strategies. Latest analysis highlights high growth emerging players and leaders by market share that are currently attracting exceptional attention. The identification of hot and emerging players is completed by profiling 50+ Industry players; some of the profiled players are Fujitec Corporation Limited, Hitachi, Ltd., Hyundai Elevator Co., Ltd., Kleemann Hellas S.A., Kone Corporation, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Schindler Group, Sigma Elevator Company Limited, ThyssenKrupp AG, Toshiba Elevator and Building Systems Corporation. The Market has witnessed continuous growth in the past few years and is projected to see some stability post Q2,2020 and may grow further during forecast year 2021-2026

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Summary
Asia Pacific elevator equipment & service market will grow by 6.9% annually with a total addressable market cap of $487.7 billion over 2021-2027 owing to the rising urbanization, upswing in digitalization, increasing geriatric population, growing construction and maintenance/upgrade activities.
Highlighted with 34 tables and 55 figures, this 109-page report “Asia Pacific Elevator Equipment & Service Market 2020-2027 by Offering (Equipment, Service), Product Type (Elevators, Escalators, Moving Walkways), Technology (Hydraulic, Traction, Climbing, Pneumatic), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific elevator equipment & service market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific elevator equipment & service market in every aspect of the classification from perspectives of Offering, Product Type, Technology, End Use, and Country.

Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Elevator Equipment
o Passenger & Freight Elevators
o Escalators & Moving Walkways
o Parts & Accessories
• Elevator Service
o Installation Service
o Maintenance & Repair Service
o Modernization & Upgrade Service

Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Elevators
• Escalators
• Moving Walkways

Based on Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Hydraulic Elevators
o Conventional Hydraulic Elevators
o Hole-less Hydraulic Elevators
o Roped Hydraulic Elevators
• Traction Elevators
o Geared Traction Elevators
o Gear-less Traction Elevators
o Machine Room-Less Elevators
• Climbing Elevators
• Pneumatic/Vacuum Elevators

Based on End Use, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
• Other End Uses

Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2017-2027. The breakdown of key national markets by Offering, Product Type, and End Use over the forecast years is also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Fujitec Corporation Limited
Hitachi, Ltd.
Hyundai Elevator Co., Ltd.
Kleemann Hellas S.A.
Kone Corporation
Mitsubishi Electric Corporation
Otis Worldwide Corporation
Schindler Group
Sigma Elevator Company Limited
ThyssenKrupp AG
Toshiba Elevator and Building Systems Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

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1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Asia Pacific Market by Offering 40
3.1 Market Overview by Offering 40
3.2 Elevator Equipment 42
3.2.1 Passenger & Freight Elevators 43
3.2.2 Escalators & Moving Walkways 44
3.2.3 Parts & Accessories 45
3.3 Elevator Service 46
3.3.1 Installation Service 47
3.3.2 Maintenance & Repair Service 48
3.3.3 Modernization & Upgrade Service 49
4 Segmentation of Asia Pacific Market by Product Type 50
4.1 Market Overview by Product Type 50
4.2 Elevators 52
4.3 Escalators 53
4.4 Moving Walkways 54
5 Segmentation of Asia Pacific Market by Technology 56
5.1 Market Overview by Technology 56
5.2 Hydraulic Elevators 58
5.2.1 Conventional Hydraulic Elevators 60
5.2.2 Hole-less Hydraulic Elevators 61
5.2.3 Roped Hydraulic Elevators 62
5.3 Traction Elevators 63
5.3.1 Geared Traction Elevators 65
5.3.2 Gear-less Traction Elevators 66
5.3.3 Machine Room-Less Elevators 67
5.4 Climbing Elevators 68
5.5 Pneumatic/Vacuum Elevators 69

....Continued

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