Elevators Market (Deck Type: Single-deck and Double-deck; Building Height: Low-rise, Mid-rise, and High-rise; and Destination Control: Smart and Conventional) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Elevators Market (Deck Type: Single-deck and Double-deck; Building Height: Low-rise, Mid-rise, and High-rise; and Destination Control: Smart and Conventional) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Elevators Market – Scope of Report
TMR’s report on the global elevators market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2022 to 2031. The report provides revenue of the global elevators market for the period 2017–2031, considering 2021 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global elevators market from 2022 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the elevators market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global elevators market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report sheds light on the changing competitive dynamics in the global elevators market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global elevators market.

The report delves into the competitive landscape of the global elevators market. Key players operating in the global elevators market have been identified and each one of these has been profiled, in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are attributes of players in the global elevators market profiled in this report.

RESEARCH METHODOLOGY

The research methodology will be a combination of exhaustive primary and secondary research to analyze the market elevators.

Secondary Research

Secondary research includes a search of company literature, technical writing, patent data, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that we typically refer, but are not limited to:

Company websites, presentations, annual reports, white papers, technical paper, product brochure
Internal and external proprietary databases and relevant patents
National government documents, statistical databases, and market reports
News articles, press releases, and webcasts specific to companies operating in the market

Specific Secondary Sources:

Industry Sources:
WorldWideScience.org
Elsevier, Inc.
National Institutes of Health (NIH)
PubMed
NCBI
Department of Health Care Service
Trade Data Sources
Trade Map
UN Comtrade
Trade Atlas
Company Information
OneSource Business Browser
Hoover’s
Factiva
Bloomberg
Mergers & Acquisitions
Thomson Mergers & Acquisitions
MergerStat
Profound

Primary Research

During the course of research, we conduct in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents bulk of research efforts, supplemented by extensive secondary research.

We conduct primary interviews on the ongoing basis with industry participants and commentators to validate data and analysis. A typical research interview fulfills the following functions:

Provides first-hand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
Helps in validating and strengthening secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves e-mail interactions, telephonic interviews, as well as face-to-face interviews for each market, category, segment, and sub-segment across geographies

Participants who typically take part in such a process include, but are not limited to:

Industry participants: Marketing/product managers, market intelligence managers, and regional sales managers
Purchasing/Sourcing managers, technical personnel, distributors
Outside experts: Investment bankers, valuation experts, and research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry verticals

List of primary participants, but not limited to:

Advanced Oncotherapy PLC
Danfysik A/S
Hitachi, Ltd.
IBA Worldwide
Mevion Medical Systems, Inc.

Data Triangulation: Information culled from “Secondary & Primary Sources” is cross-checked with “TMR Knowledge Repository”, which is updated every quarter.

Market Estimation: Market size estimations involved in-depth study of product features, technology updates, geographic presence, product demand, sales data (value or volume), historical year-on-year growth, and others. Other approaches were also utilized to derive market size and forecasts. Where no hard data was available, we employed modeling techniques in order to produce comprehensive datasets. A rigorous methodology has been adopted, wherein the available hard data are cross-referenced with the following data types to produce estimates:

Demographic Data: Healthcare expenditure, inflation rates, and others
Industry Indicators: R&D investment, technology stage, and infrastructure, sector growth, and facilities

Market Forecasting: Market forecasts for various segments are derived taking into account drivers, restraints/challenges, and opportunities prevailing in the market and considering advantages/disadvantages of segments/sub-segments over other segments/sub-segments. Business environment, historical sales pattern, unmet needs, competitive intensity, and country-wise surgery data are some of the other pivotal factors, which are considered to derive market forecasts.


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Regional Snapshot
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Key Market Indicators
5.5. Porter’s Five Forces Analysis
5.6. Value Chain Analysis
5.7. Industry SWOT Analysis
5.8. Regulatory Framework
5.9. Global Elevators Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Revenue Projections (US$ Mn)
5.9.2. Market Revenue Projections (Thousand Units)
6. Global Elevators Market Analysis and Forecast, By Deck Type
6.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
6.1.1. Single-deck
6.1.2. Double-deck
6.2. Incremental Opportunity, By Deck Type
7. Global Elevators Market Analysis and Forecast, By Building Height
7.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
7.1.1. Low-rise
7.1.2. Mid-rise
7.1.3. High-rise
7.2. Incremental Opportunity, By Building Height
8. Global Elevators Market Analysis and Forecast, By Speed
8.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
8.1.1. Less than 1 m/s
8.1.2. Between 1 to 3 m/s
8.1.3. Between 4 to 6 m/s
8.1.4. Between 7 to 10 m/s
8.1.5. Above 10 m/s
8.2. Incremental Opportunity, By Speed
9. Global Elevators Market Analysis and Forecast, By Destination Control
9.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
9.1.1. Smart
9.1.2. Conventional
9.2. Incremental Opportunity, By Destination Control
10. Global Elevators Market Analysis and Forecast, By End-use
10.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
10.1.1. Residential
10.1.2. Commercial
10.1.3. Mix Block
10.2. Incremental Opportunity, By End-use
11. Global Elevators Market Analysis and Forecast, By Application
11.1. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
11.1.1. Passenger
11.1.2. Freight
11.2. Incremental Opportunity, By Application
12. Global Elevators Market Analysis and Forecast, by Region
12.1. Elevators Market (US$ Mn and Thousand Units), Region, 2017 - 2031
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Middle East & Africa
12.1.5. South America
12.2. Incremental Opportunity, by Region
13. North America Elevators Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Price Trend Analysis
13.2.1. Weighted Average Selling Price (US$)
13.3. Key Trends Analysis
13.3.1. Demand Side
13.3.2. Supply Side
13.4. Key Supplier Analysis
13.5. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
13.5.1. Single-deck
13.5.2. Double-deck
13.6. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
13.6.1. Low-rise
13.6.2. Mid-rise
13.6.3. High-rise
13.7. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
13.7.1. Less than 1 m/s
13.7.2. Between 1 to 3 m/s
13.7.3. Between 4 to 6 m/s
13.7.4. Between 7 to 10 m/s
13.7.5. Above 10 m/s
13.8. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
13.8.1. Smart
13.8.2. Conventional
13.9. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
13.9.1. Residential
13.9.2. Commercial
13.9.3. Mix Block
13.10. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
13.10.1. Passenger
13.10.2. Freight
13.11. Elevators Market (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
13.11.1. U.S.
13.11.2. Canada
13.11.3. Rest of North America
13.12. Incremental Opportunity Analysis
14. Europe Elevators Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Price Trend Analysis
14.2.1. Weighted Average Selling Price (US$)
14.3. Key Trends Analysis
14.3.1. Demand Side
14.3.2. Supply Side
14.4. Key Supplier Analysis
14.5. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
14.5.1. Single-deck
14.5.2. Double-deck
14.6. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
14.6.1. Low-rise
14.6.2. Mid-rise
14.6.3. High-rise
14.7. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
14.7.1. Less than 1 m/s
14.7.2. Between 1 to 3 m/s
14.7.3. Between 4 to 6 m/s
14.7.4. Between 7 to 10 m/s
14.7.5. Above 10 m/s
14.8. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
14.8.1. Smart
14.8.2. Conventional
14.9. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
14.9.1. Residential
14.9.2. Commercial
14.9.3. Mix Block
14.10. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
14.10.1. Passenger
14.10.2. Freight
14.11. Elevators Market (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
14.11.1. U.K
14.11.2. Germany
14.11.3. France
14.11.4. Italy
14.11.5. Rest of Europe
14.12. Incremental Opportunity Analysis
15. Asia Pacific Elevators Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Price Trend Analysis
15.2.1. Weighted Average Selling Price (US$)
15.3. Key Trends Analysis
15.3.1. Demand Side
15.3.2. Supply Side
15.4. Key Supplier Analysis
15.5. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
15.5.1. Single-deck
15.5.2. Double-deck
15.6. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
15.6.1. Low-rise
15.6.2. Mid-rise
15.6.3. High-rise
15.7. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
15.7.1. Less than 1 m/s
15.7.2. Between 1 to 3 m/s
15.7.3. Between 4 to 6 m/s
15.7.4. Between 7 to 10 m/s
15.7.5. Above 10 m/s
15.8. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
15.8.1. Smart
15.8.2. Conventional
15.9. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
15.9.1. Residential
15.9.2. Commercial
15.9.3. Mix Block
15.10. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
15.10.1. Passenger
15.10.2. Freight
15.11. Elevators Market (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
15.11.1. China
15.11.2. India
15.11.3. Japan
15.11.4. Rest of Asia Pacific
15.12. Incremental Opportunity Analysis
16. Middle East & Africa Elevators Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Price Trend Analysis
16.2.1. Weighted Average Selling Price (US$)
16.3. Key Trends Analysis
16.3.1. Demand Side
16.3.2. Supply Side
16.4. Key Supplier Analysis
16.5. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
16.5.1. Single-deck
16.5.2. Double-deck
16.6. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
16.6.1. Low-rise
16.6.2. Mid-rise
16.6.3. High-rise
16.7. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
16.7.1. Less than 1 m/s
16.7.2. Between 1 to 3 m/s
16.7.3. Between 4 to 6 m/s
16.7.4. Between 7 to 10 m/s
16.7.5. Above 10 m/s
16.8. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
16.8.1. Smart
16.8.2. Conventional
16.9. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
16.9.1. Residential
16.9.2. Commercial
16.9.3. Mix Block
16.10. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
16.10.1. Passenger
16.10.2. Freight
16.11. Elevators Market (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
16.11.1. GCC
16.11.2. South Africa
16.11.3. Rest of Middle East & Africa
16.12. Incremental Opportunity Analysis
17. South America Elevators Market Analysis and Forecast
17.1. Regional Snapshot
17.2. Price Trend Analysis
17.2.1. Weighted Average Selling Price (US$)
17.3. Key Trends Analysis
17.3.1. Demand Side
17.3.2. Supply Side
17.4. Key Supplier Analysis
17.5. Elevators Market (US$ Mn and Thousand Units) Forecast, By Deck Type, 2017 - 2031
17.5.1. Single-deck
17.5.2. Double-deck
17.6. Elevators Market (US$ Mn and Thousand Units) Forecast, By Building Height, 2017 - 2031
17.6.1. Low-rise
17.6.2. Mid-rise
17.6.3. High-rise
17.7. Elevators Market (US$ Mn and Thousand Units) Forecast, By Speed, 2017 - 2031
17.7.1. Less than 1 m/s
17.7.2. Between 1 to 3 m/s
17.7.3. Between 4 to 6 m/s
17.7.4. Between 7 to 10 m/s
17.7.5. Above 10 m/s
17.8. Elevators Market (US$ Mn and Thousand Units) Forecast, By Destination Control, 2017 - 2031
17.8.1. Smart
17.8.2. Conventional
17.9. Elevators Market (US$ Mn and Thousand Units) Forecast, By End-use, 2017 - 2031
17.9.1. Residential
17.9.2. Commercial
17.9.3. Mix Block
17.10. Elevators Market (US$ Mn and Thousand Units) Forecast, By Application, 2017 - 2031
17.10.1. Passenger
17.10.2. Freight
17.11. Elevators Market (US$ Mn and Thousand Units) Forecast, By Country & Sub-region, 2017 - 2031
17.11.1. Brazil
17.11.2. Rest of South America
17.12. Incremental Opportunity Analysis
18. Competition Landscape
18.1. Market Player – Competition Dashboard
18.2. Market Revenue Share Analysis (%), By Company, (2021)
18.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
18.3.1. Otis Elevator Company
18.3.1.1. Company Overview
18.3.1.2. Sales Area/Geographical Presence
18.3.1.3. Revenue
18.3.1.4. Strategy & Business Overview
18.3.2. KONE Oyj
18.3.2.1. Company Overview
18.3.2.2. Sales Area/Geographical Presence
18.3.2.3. Revenue
18.3.2.4. Strategy & Business Overview
18.3.3. Schindler
18.3.3.1. Company Overview
18.3.3.2. Sales Area/Geographical Presence
18.3.3.3. Revenue
18.3.3.4. Strategy & Business Overview
18.3.4. Fujitec Co., Ltd.
18.3.4.1. Company Overview
18.3.4.2. Sales Area/Geographical Presence
18.3.4.3. Revenue
18.3.4.4. Strategy & Business Overview
18.3.5. Hitachi, Ltd.
18.3.5.1. Company Overview
18.3.5.2. Sales Area/Geographical Presence
18.3.5.3. Revenue
18.3.5.4. Strategy & Business Overview
18.3.6. Hyundai Elevator Co., Ltd.
18.3.6.1. Company Overview
18.3.6.2. Sales Area/Geographical Presence
18.3.6.3. Revenue
18.3.6.4. Strategy & Business Overview
18.3.7. Electra Elevators
18.3.7.1. Company Overview
18.3.7.2. Sales Area/Geographical Presence
18.3.7.3. Revenue
18.3.7.4. Strategy & Business Overview
18.3.8. Mitsubishi Electric Corporation
18.3.8.1. Company Overview
18.3.8.2. Sales Area/Geographical Presence
18.3.8.3. Revenue
18.3.8.4. Strategy & Business Overview
18.3.9. ThyssenKrupp AG
18.3.9.1. Company Overview
18.3.9.2. Sales Area/Geographical Presence
18.3.9.3. Revenue
18.3.9.4. Strategy & Business Overview
18.3.10. Toshiba Corporation
18.3.10.1. Company Overview
18.3.10.2. Sales Area/Geographical Presence
18.3.10.3. Revenue
18.3.10.4. Strategy & Business Overview
19. Key Takeaway
19.1. Identification of Potential Market Spaces
19.1.1. Deck Type
19.1.2. Building Height
19.1.3. Speed
19.1.4. Destination Control
19.1.5. End-use
19.1.6. Application
19.1.7. Region
19.2. Prevailing Market Risks

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