Elevator and Escalator Market in India 2025-2029

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	147 Pages	TechNavio	January, 2025	INF19584522

Best Price Guarantee
Price	from $2,500
Length	147 Pages
Publisher	TechNavio
Published Date	January, 2025
SKU	INF19584522

Elevator And Escalator Market In India 2025-2029

The elevator and escalator market in india is forecasted to grow by $ 955.2 mn during 2024-2029, accelerating at a CAGR of 10.8% % during the forecast period. The report on the elevator and escalator market in india 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, the latest trends and drivers, and the overall market environment. The market is driven by growing number of high-speed metro projects, rising disposable income and economic growth, and growing number of office spaces and commercial establishments.

Technavio's elevator and escalator market in india is segmented as below:

By Product

Elevator
Escalator

By End-user

Residential
Non-residential

By Geographical Landscape

APAC

This study identifies the rising demand for customization in elevators as one of the prime reasons driving the elevator and escalator market in india growth during the next few years. Also, evolution of smart elevators and rising demand for energy-efficient elevators will lead to sizable demand in the market.

The report on the elevator and escalator market in india covers the following areas:

Elevator And Escalator Market in India sizing
Elevator And Escalator Market in India forecast
Elevator And Escalator Market in India industry analysis

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 in india vendors that include Beacon Elevator Co. Pvt. Ltd., Blue Star Elevators India Ltd., City lift India Ltd., Easa Elevators Pvt. Ltd., ESCON Elevators Pvt. Ltd., Express Lifts Ltd., Fujitec Co. Ltd., Grj Elevator Pvt. Ltd., Hitachi Ltd., Johnson Lifts Pvt. Ltd., Kinetic Hyundai Elevator and Movement Technologies Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., RP Bidyut Elevator, Schindler Holding Ltd., SEPL India Ltd., thyssenkrupp AG, Toshiba Corp., and TRIO Elevators Co. India Pvt. Ltd.. Also, the elevator and escalator market in india analysis report 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 publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Data Table on Market Overview
Technavio Analysis
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Criticality of inputs and Factors of differentiation
- Factors of disruption
- Impact of drivers and challenges
Market Landscape
- Market ecosystem
  - Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2024
- Market outlook: Forecast for 2024-2029
  - Table Data Table on India - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on India: Year-over-year growth 2024-2029 (%)
Historic Market Size
- Elevator And Escalator Market in India 2019 - 2023
  - Table Historic Market Size - Data Table on Elevator And Escalator Market in India 2019 - 2023 ($ million)
- Product segment analysis 2019 - 2023
- End-user segment analysis 2019 - 2023
Qualitative Analysis
- Impact of AI in the Elevator and Escalator Market in India
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
  - Table Data Table on Product - Market share 2024-2029 (%)
- Comparison by Product
  - Table Data Table on Comparison by Product
- Elevator - Market size and forecast 2024-2029
  - Table Data Table on Elevator - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Elevator - Year-over-year growth 2024-2029 (%)
- Escalator - Market size and forecast 2024-2029
  - Table Data Table on Escalator - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Escalator - Year-over-year growth 2024-2029 (%)
- Market opportunity by Product
  - Table Data Table on Market opportunity by Product ($ million)
Market Segmentation by End-user
- Market segments
  - Table Data Table on End-user - Market share 2024-2029 (%)
- Comparison by End-user
  - Table Data Table on Comparison by End-user
- Residential - Market size and forecast 2024-2029
  - Table Data Table on Residential - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Residential - Year-over-year growth 2024-2029 (%)
- Non-residential - Market size and forecast 2024-2029
  - Table Data Table on Non-residential - Market size and forecast 2024-2029 ($ million)
  - Table Data Table on Non-residential - Year-over-year growth 2024-2029 (%)
- Market opportunity by End-user
  - Table Data Table on Market opportunity by End-user ($ million)
Customer Landscape
- Customer landscape overview
Drivers, Challenges, and Opportunity/Restraints
- Market drivers
  - Growing number of high-speed metro projects
  - Rising disposable income and economic growth
  - Growing number of office spaces and commercial establishments
- Market challenges
  - High cost of repair and maintenance
  - Volatility in raw material prices
  - Slowdown in growth of real estate sector
- Impact of drivers and challenges
- Market opportunities/restraints
  - Rising demand for customization in elevators
  - Evolution of smart elevators
  - Rising demand for energy-efficient elevators
Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
Competitive Analysis
- Companies profiled
- Company ranking index
- Market positioning of companies
- Beacon Elevator Co. Pvt. Ltd.
- Blue Star Elevators India Ltd.
- City lift India Ltd.
- Easa Elevators Pvt. Ltd.
- ESCON Elevators Pvt. Ltd.
- Express Lifts Ltd.
- Fujitec Co. Ltd.
- Hitachi Ltd.
- Johnson Lifts Pvt. Ltd.
- KONE Corp.
- Mitsubishi Electric Corp.
- Otis Worldwide Corp.
- Schindler Holding Ltd.
- thyssenkrupp AG
- Toshiba Corp.
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
- Currency conversion rates for US$
- Research methodology
- Data procurement
- Data validation
- Validation techniques employed for market sizing
- Data synthesis
- 360 degree market analysis
- List of abbreviations