Global Elevators Modernization Market 2017 Size, Share, Growth, Trends, Type, Application, Analysis and Forecast by 2022

“Elevators Modernization Market”
WiseGuyReports.com adds “Elevators Modernization Market 2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2022”reports to its database.

Elevators Modernization Market:

Executive Summary

Elevator modernization is a process of upgrading the existing elevator to make the elevator safer, more efficient and more attractive. It is one of the emerging services in the elevator industry and encompasses two kinds of modernizations namely full modernization and partial modernization. Modernization service providers assist the customers in choosing the modernization type and services. Increase in concerns towards energy efficiency, Co2 emissions and emphasis on security and safety are the primary factors that have been driving the growth for this market. Opposition from vintage elevator enthusiasts and the suitability of modernization with old power infrastructure buildings obstructs the reach of modernization services.

The global elevator modernization market has been analyzed with respect to different parameters such as demand, supply, end-users and service providers. Elevator modernization market encompasses two types of elevators hydraulic and traction, traction further classified into geared, gearless. The market is further classified based on the components, type, end-user and by geography.

Request Sample Report @ https://www.wiseguyreports.com/sample-request/1653781-elevators-modernization-market-by-elevator-type-traction-hydraulic-by-components-controller

The overall market is also presented from the perspective of different geographic regions and the key countries in each region. Europe is the dominating market which held a major revenue share in 2015 and is estimated as fastest growing market next to APAC, mainly driven by implementation of regulations from Safety Norm for Existing Lifts (SNEL) and increasing old high rise buildings. The global elevator modernization market is estimated to reach $11,289.0M by 2021 with CAGR of 4.16% during the forecast period.

Elevator modernization market is dominated by five companies, namely:

  • Otis Elevator Company (U.S)
  • ThyssenKrupp Elevator AG (Germany)
  • Schindler (Switzerland)
  • Kone Corporation (Finland)
  • Mitsubishi Electric Corporation (Japan)

All the above companies together held a major market share in 2015. These companies have significant presence in the modernization market with wide service offerings and considerable brand image.

Other companies in the market include:

  • Magnetek, Inc. (U.S)
  • Fujitec (Japan)
  • Hyundai Elevator Co., Ltd (Korea)
  • Wittur (Germany).

For further information on this report, visit – https://www.wiseguyreports.com/enquiry/1653781-elevators-modernization-market-by-elevator-type-traction-hydraulic-by-components-controller

Table of content:

1. Elevator Modernization– Market Overview 
2. Executive Summary 
3. Elevator Modernization– Market Landscape 
3.1. Market Share Analysis 
3.2. Comparative Analysis 
3.2.1. Product Benchmarking 
3.2.2. End user profiling 
3.2.3. Top 5 Financials Analysis 
4. Elevator Modernization– Market Forces 
4.1. Market Drivers 
4.1.1. Advancement in Elevator Components 
4.1.2. Aging Urban Population 
4.1.3. Enhanced emphasis on safety and security 
4.1.4. Environmental Demands from regulatory bodies 
4.1.5. Obsolescence of aged elevator parts 
4.1.6. Stringent Regulations of Elevator Function 
4.2. Market Constraints 
4.2.1. Opposition from Vintage Elevator Enthusiasts 
4.2.2. Elevator Modernization may not be suitable for buildings with older Power Infrastructure 
4.3. Market Challenges 
4.3.1. Apprehension by Facility Owners for Modernization 
4.3.2. Inconvenience to occupants 
4.4. Attractiveness of the Elevators Modernization Industry 
4.4.1. Power of Suppliers 
4.4.2. Power of Customers 
4.4.3. Threat of New entrants 
4.4.4. Threat of Substitution 
4.4.5. Degree of Competition 
5. Elevator Modernization Market – Strategic Analysis 
5.1. Value Chain Analysis 
5.2. Pricing Analysis 
5.3. Opportunities Analysis 
5.4. Product/Market Life Cycle Analysis 
6. Elevator Modernization Market – By Component Type 
6.1. Introduction 
6.2. Controllers 
6.3. Door Equipment 
6.4. Cabin Enclosures 
6.5. Signalling Fixtures 
6.6. Power Units 
6.7. Others 
7. Elevator Modernization Market – By Modernization Type 
7.1. Introduction 
7.2. Partial Modernization 
7.3. Full Modernization 
8. Elevator Modernization Market – By End-User 
8.1. Introduction 
8.2. Residential Buildings 
8.3. Commercial 
8.3.1. Malls 
8.3.2. Hotels 
8.3.3. Offices 
8.4. Marine 
8.5. Industrial 
8.6. Institutional 
8.7. Transportation 
8.8. Others 
9. Elevator Modernization Market—By Geography 
9.1. Introduction 
9.2. Americas 
9.2.1. U.S 
9.2.2. Canada 
9.2.3. Brazil 
9.2.4. Mexico 
9.2.5. Others 
9.3. Europe 
9.3.1. U.K. 
9.3.2. France 
9.3.3. Germany 
9.3.4. Others 
9.4. APAC 
9.4.1. China 
9.4.2. India 
9.4.3. Japan 
9.4.4. South Korea 
9.4.5. Others 
9.5. ROW 
9.5.1. Middle East 
9.5.2. Africa 
10. Market Entropy 
10.1. New Product Launches 
10.2. M&As, Collaborations, JVs and Partnerships 
11. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio) 
11.1. KONE Corporation 
11.2. Schindler Group 
11.3. Otis Elevator Company 
11.4. ThyssenKrupp Elevator AG 
11.5. Mitsubishi Electric 
11.6. Sematic S.p.A 
11.7. Wittur Group 
11.8. Fujitec Co.,Ltd 
11.9. Richmond Elevator (REM) 
11.10. Doppler S.A. 
11.11. Magnetek, Inc. 
11.12. Hyundai Elevator Co., Ltd. 
11.13. Johnson Lifts Private Ltd 
11.14. Hitachi Ltd 
*More than 40 Companies are profiled in this Research Report, Complete List available on Request* 
“*Financials would be provided on a best efforts basis for private companies” 
12. Appendix 
12.1. Abbreviations 
12.2. Sources 
12.3. Research Methodology 
12.4. Bibliography 
12.5. Compilation of Expert Insights 
12.6. Disclaimer    

Continuous…

Buy this Report @ https://www.wiseguyreports.com/checkout?currency=five_user-USD&report_id=1653781

 

Media Contact
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349
City: Pune
State: Maharashtra
Country: India
Website: www.wiseguyreports.com