The "Elevator and Escalator Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The elevator and escalator market in the US is poised to grow by $1.34 billion during 2021-2025, progressing at a CAGR of about 5% during the forecast period.
The market is driven by changing demographics and the demand for modernization and maintenance. This study identifies the increasing adoption of smart homes as one of the prime reasons driving the elevator and escalator market in us growth during the next few years.
The report on the elevator and escalator market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The elevator and escalator market in US analysis includes the product and service segments.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market vendors in the US that include Fuji Electric Co. Ltd., Fujitec Co. Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Prysmian Spa, Savaria Corp., Schindler Holding Ltd., thyssenkrupp Elevator AG, and WITTUR HOLDING GmbH.
Also, the elevator and escalator market analysis report in the US includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report on elevator and escalator market in us covers the following areas:
- Elevator and escalator market in US sizing
- Elevator and escalator market in US forecast
- Elevator and escalator market in US industry analysis
Key Topics Covered:
Executive Summary
- Market overview
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Elevators - Market size and forecast 2020-2025
- Escalators - Market size and forecast 2020-2025
- Market opportunity by Product
Market Segmentation by Service
- Market segments
- Comparison by Service
- New installation - Market size and forecast 2020-2025
- Maintenance - Market size and forecast 2020-2025
- Modernization - Market size and forecast 2020-2025
- Market opportunity by Service
Customer landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Fuji Electric Co. Ltd.
- Fujitec Co. Ltd.
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- Prysmian Spa
- Savaria Corp.
- Schindler Holding Ltd.
- thyssenkrupp Elevator AG
- WITTUR HOLDING GmbH
Appendix
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View source version on businesswire.com: https://www.businesswire.com/news/home/20210507005231/en/
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