India Elevators and Escalators Market Forecast 2021 - brochure

I n d i a E l eva to r s & E s c a l a to r s M a rke t By Ty p e o f C a r r i a g e, By E l eva to r D o o r Ty p e, By E n d U s e

S e c to r, Co m p et i t i o n Fo re c a s t & O p p o r t u n it i e s , 2 0 1 1 - 2 0 2 1

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

T a b l e o f C o n t e n t s

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S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Elevators Market Overview

5. India Elevators Market Landscape

6. India Elevators Market Outlook

6.1. Market Overview

6.2. Market Size & Forecast

6.2.1. By Value & Volume

6.2.3. By New Installations

6.2.4. By Maintenance Services

6.3. Market Share & Forecast

6.3.1. By Type of Carriage (Passenger, Freight & Others)

6.3.2. By Type of Machinery (Traction & Hydraulic)

6.3.3. By Elevator Door Type (Automatic & Manual)

6.3.4. By Region

6.3.4.1. By Major City

6.3.5. By End Use Sector (Residential, Industrial, Commercial & Government Institutional)

6.3.6. By Company

7. India Residential Elevators Market Outlook






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7.2.3. By Region

8. India Commercial Elevators Market Outlook






8.2.3. By Region

9. India Industrial Elevators Market Outlook






9.2.3. By Region

10. India Government Institutional Elevators Market Outlook






10.2.3. By Region


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11. Market Attractiveness Index

11.1. By Region

11.2. By End User

11.3. By Type of Machinery

11.4. By Type of Carriage

12. Value Chain Analysis

13. Policy & Regulatory Landscape

14. India Economy Profile

15. Import-Export Analysis

16. Market Dynamics

16.1. Impact Analysis

16.2. Drivers

16.3. Challenges

17. Market Trends & Developments

17.1. Growing Demand for High Speed Elevators

17.2. Rising Focus on Smart Elevators

17.3. Increasing Demand for Solar Elevators

17.4. Mounting Demand for Energy Efficient Elevators

17.5. Increasing Focus on Modernization

18. Pricing Analysis

19. Competitive Landscape

19.1. Competitive Product Matrix

19.2. Company Profiles

19.2.1. KONE Elevator India Pvt. Ltd.

19.2.2. Otis Elevator Company (India) Ltd.

19.2.3. Schindler India Pvt. Ltd.


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19.2.4. Johnson Lifts Pvt. Ltd.

19.2.5. ThyssenKrupp Elevator (India) Pvt. Ltd.

19.2.6. Mitsubishi Elevator ETA India Pvt. Ltd.

19.2.7. Fujitec India Pvt. Ltd.

19.2.8. Hitachi Lift India Pvt. Ltd.

19.2.9. Blue Star Elevators India Ltd.

19.2.10. Omega Elevators

19.2.11. Toshiba Johnson Elevators (India) Pvt. Ltd.

20. Voice of Customer- By End User

20.1. Residential

20.1.1. Brand Awareness

20.1.2. Brand Satisfaction

20.1.3. Factors Influencing Purchase of Elevators

20.1.4. Brand Switching Behavior

20.1.5. Customer Expectations

20.2. Commercial






20.3. Industrial






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20.4. Government Institutions






22. India Escalators Market Outlook


22.1.1. By Value

22.1.2. By Volume

22.2. Market Share & Forecast (By Volume)

22.2.1. By End User

22.2.2. By Region

22.3. Import-Export Analysis

21. Strategic Recommendations

23. About Us & Disclaimer

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An elevator or lift can be defined as a machine installed in buildings to carry, lift, transport or move people and

goods from one floor to another. An elevator can be used in various types of settings such as residential

complexes, commercial buildings, malls, hospitals, etc., for moving passengers or goods from one level to

another.

Elevators can also be used in factories and industrial plants to transfer goods, machinery and finished products

between different floors.

Depending on requirement, elevators can be classified into various types -

Passenger Elevators: These are the most common and widely used elevators, primarily installed in

hotels, housing complexes, office buildings, hospitals, malls and various other locations.

Freight Elevators: These elevators are installed and used in factories, industrial units, hospitals and

hotels for carrying goods, machinery or finished products.

Others: Other elevator types include dumbwaiter, boat lifts in shipping yards and sidewalk elevators in

industrial buildings for transporting goods from the basement, etc.

P r o d u c t O v e r v i e w

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Further, doors used in elevators has been categorized into two categories:

• Automatic Doors: Auto-doors are standard doors used in elevators. These kind of doors are powered

by a door operator installed on the elevator car.

• Manual Doors: Manual or normal doors are opened or closed manually. These doors can be opened

vertically or horizontally.

Classification of Elevators on the

Basis of Machinery

Hydraulic Elevators

Traction Elevators

Elevators Market Classification

NewInstallations

Services

(Upgrading, Maintenance, etc.)

P r o d u c t O v e r v i e w

R e s e a r c h M e t h o d o l o g y

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Baseline Methodology

Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of India

elevators market. The team has analyzed various industry segments and speculated a positive future for the

industry. Taking into consideration the strategic alliances, capital investments, etc., our team of analysts has

provided a prudent analysis of the industry’s performance in the future. This would enable our clients in planning

investment decisions and explore growth opportunities in elevators market in India.

For our study, we have gathered information through primary research surveys with around eight companies

manufacturing elevators, and distributors across India, followed by an exhaustive search of credible paid

databases. Our team of experts has then prudently evaluated all the collected information and organized it in

chronological order to depict a meaningful and clear picture of India elevators market.

In addition, while compiling the data, we have also validated all collected information from multiple sources and

data warehouses in order to present the most accurate and precise information of the concerned industry. We

have also identified and analyzed all emerging trends, including important drivers and challenges confronting

elevators market in India. We have also presented various forecasts for the industry based on our in-depth

analysis of market dynamics, prevalent trends, major developments and growth opportunities.

Companies InterviewedFujitec India Private Limited, KONE Elevator India Pvt. Ltd., Schindler India Pvt.Ltd., Otis Elevator Company (India) Ltd., Johnson Lifts Pvt. Ltd., MitsubishiElevator , Omega Elevators, Hitachi Elevators

Sources:

Company Website, News Articles, Press Releases, Company Annual report, Delhi Elevator Association (DEA),

Bureau of Indian Standard, etc.

I n d u s t r y B r i e f

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Elevators Market in India to Grow at 8% until 2021

According to TechSci Research report, “India Elevators and Escalators Market By Type of Carriage, By Elevator DoorType, By End Use Sector, Competition Forecast & Opportunities, 2011 - 2021’’, elevators market in India isprojected to grow at a CAGR of over 8% during 2016 - 2021, due to increasing urbanization, rising construction ofhigh rise buildings, growing real estate sector coupled with rising investments on improvement of publicinfrastructure across various major cities in the country. Increasing government focus towards building high classinfrastructure coupled with rising government initiatives such as ‘Smart City’ and AMRUT is also expected to drivingdemand for elevators in the country. Further, Government of India is also focusing towards modernization ofairports and railway stations, and this is also projected to drive elevators and escalators market in the countryduring forecast period.

By 2015, passenger elevator segment dominated India elevators market, followed by freight elevators. Increasingnumber of high rise buildings is driving demand for passenger elevators across different end user segment includingresidential, commercial, industrial and government institutions. Major companies operating in India elevatorsmarket include Kone India, Otis, Schindler India, Johnson Lifts, ThyssenKrupp, etc. South region dominated Indiaelevators market on account of increasing infrastructure projects in the region and growing focus on real estateconstruction. Cities like Mumbai, Delhi, Noida, Gurgaon, Bangalore, Hyderabad and Chennai are the major demandgenerators for elevators and escalators in the country.

“Growing number of high rise buildings is driving demand for high speed and energy efficient elevators. This is inturn boosting demand for traction machine elevators over hydraulic machine elevators. Further, changing lifestylesand government policies, and growing need to reduce accidents associated with manual door elevators is propellingdemand for auto-door enabled elevators. In addition, companies involved in manufacturing elevators areincreasingly focusing on smart and energy efficient elevators in order to attract consumer attention across variousend use segments.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based globalmanagement consulting firm.

https://www.techsciresearch.com/report/india-elevators-and-escalators-market-by-type-of-carriage-passenger-freight-others-by-elevator-door-type-manual-automatic-by-end-use-sector-residential-commercial-government-institutions-industrial-competition-forecast-opportunities-2011-2021/747.html

S a m p l e D a t a - S n a p s h o t

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India Elevators Market Size, By Value (USD Million),

By Volume (’000 Units), 2011–2021F

1 2 3 4 5 7 8 9 10

11

12

3 5 7 9 11 15 17

19

21

23

25

2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F

By Value (USD Million) By Volume ('000 Units)

10% 10% 10% 10% 10% 10% 10% 10% 10% 10% 10%

20% 20% 20% 20% 20% 20% 20% 20% 20% 20% 20%

30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30%

40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 40%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

East West South North

India Elevators Market Size, By Region, By Volume, 2011-2021F

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%

0.00 1.00 2.00 3.00 4.00 5.00

India Elevators Market Attractiveness Index, By Region,

By Volume, 2016E-2021F

East

North

West

South

North Region Elevators Market Share in

India, By Volume, 2015 & 2021F

2015 2021F---------------------

X% X%

India Disposable Income

at Constant Prices, 2011-

2016E (USD Million)

10

0

20

0 30

0 40

0 50

0

2012 2013 2014 2015 2016E

1%2%

3%4%

5%6%

7%8%

Bengalu

ru

Mum

bai

Delh

i-N

CR

Pune

Hydera

bad

Kolk

ata

Ahm

edabad

Chennai

India New Residential Units

Launched, By Major City, January

2016 to March 2016

India Residential Elevators Market Share, By

Type of Door, By Volume, 2011–2021F

40% 40% 40% 40% 40% 40% 40% 40% 40% 40% 40%

60% 60% 60% 60% 60% 60% 60% 60% 60% 60% 60%

Manual Automatic

R e p o r t O r d e r i n g

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Report Price

Report Name: India Elevators & Escalators Market By Type of Carriage,

By Elevator Door Type, By End Use Sector, Competition Forecast &

Opportunities, 2011 - 2021

License Type Price

Electronic Access - Single User License $3000

CD-ROM Mail Delivery $3500

Hard Copy Mail Delivery $4000

Electronic Access - Multi-User License $6000

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and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

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Disclaimer :

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

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