Description

About elevators and escalators

Elevators and escalators are installed in residential buildings and commercial buildings such as IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

Technavio's analysts forecast the elevators and escalators market in Germany to grow at a CAGR of 4.78% and 6.98% in terms of revenue and new installed units, respectively, during 2014-2019.

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Covered in this report

In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in Germany for 2015-2019. To calculate the market size, we consider the number of newly installed units and the revenue generated from the installation of new elevator and escalator units in the country during the forecast period.

The report also presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the market, outlines the challenges faced by the vendors and the market at large, and highlights the key trends visible in the market.

Key vendors

KONE
Otis
Schindler
ThyssenKrupp


Other prominent vendors

Friedrich Elevators
Kohler Elevator
Lutz Elevators
Nunn Aufzuge
Omega Lift Service
OSMA-Aufzge
Schmitt+Sohn Aufzge

Key market driver

Construction of high-rise buildings
For a full, detailed list, view our report

Key market challenge

Lack of effective product differentiation
For a full, detailed list, view our report

Key market trend

Increase in apartment occupancy
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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