India Elevator and Escalator Industry Outlook to 2018 - Government Spending on Infrastructure to Steer Growth : Ken Research
10 Sep, 2013, 14:00 BST
NEW DELHI, September 10, 2013 /PRNewswire/ --
- India has surfaced amongst the most potential markets for elevators in the entire Asian Region
- The contribution of the services in the total industry revenue of elevators and escalators was accounted relatively lower at 26.1%
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Ken Research has announced in its report "India Elevator and Escalator Industry Outlook to 2018 - Government Spending on Infrastructure to Steer Growth", the revenue from services has escalated at a CAGR of 12.3%, augmenting from INR 8,394.8 million in FY'2007 to INR 16,862.7 million in FY'2013
India elevator and escalator industry is presently the second largest in the world. In FY'2013, India accounted for about 6.8% of the total elevator and escalator installations in the world, as compared to China which ranked first commanding around 65% of the global market share with a total of 440,000 units installed during the period. The elevator and escalator market in India has showcased the healthy growth at a CAGR of 10.3% in terms of new equipments installed relative to the global market CAGR of 5.2% from FY'2007-FY'2013. The market for vertical transit in the country has been massively dominated by the elevator segment contributing nearly 95% of the overall market.
The contribution of the MNC's to the entire industry stood at 64.7% as recorded in FY'2013. Although, the share of regional companies is lower, but remains significant in terms of their contribution to the overall market. Some of the prominent domestic elevator and escalator companies in India include Leo elevators, Eskay elevators, Escone elevators, Beacon Engineering, Omega elevators and others.
Key Topics Covered:
1. India Elevator And Escalator Market Size
- By New Equipment Installations
- By Revenue
- By Maintenance and Modernization
2. India Elevator Market Introduction
- Market Size
- By New Equipment Installation
- By Revenue
- By Maintenance and Modernization
- Market Segmentation
- By End Usage (Residential, Public Infrastructure, Malls, Hospitals, Hotels)
- By Types of Machinery (Hydraulic and Traction)
- Traction Machinery Segmentation
- Gear and Gearless Types
- Machine Room less (MRL) and MR Type
- By Door Types (Auto Door, Collapsible Manual Door)
- By Types of Carriage (Passenger Lifts and Freight Lifts)
- By Speed in meters per second
- By Regional and State Wise- Demand
3. India Escalator Market Introduction
- Market Size
- By New Equipment Installation
- By Revenue
- By Maintenance and Modernization
- Market Segmentation
- By Regional Demand
- By End Usage (Mall, Public Infrastructure and Others)
4. Trends & Developments
- Focus on High Speed Elevators
- Advent of Smart Elevator Technology
- Focus on Green Elevators
- Growing Number of Moving Walks
5. Future Outlook & Projections
- India Elevator Market Future Outlook and Projections
- By New Installations and Revenue
- By Maintenance and Modernization
- India Escalator Market Future Outlook and Projections
- By New Installations and Revenue
- By Maintenance and Modernization
6. Market share of the Major Players in India Elevator and Escalator Market
- Kone
- Johnson Lifts
- Otis Elevators
- Schindler Elevators
- Thyssenkrupp
- Mitsubishi Elevators
Browse full report:
Similar Reports on Construction Industry in India:
Global Elevators and Escalators Market Outlook to 2016 - Rising Expansion in Asia Pacific Region
Asia Pacific Construction Machinery Market Outlook to 2016 - China Leading the Industry Growth
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
SOURCE Ken Research
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