Elevator and Escalator Market in Japan 2018 Analysis and Forecast Report

Elevators and escalators are used for efficient movement of people and goods within a building’s premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

Analysts forecast the Elevator and Escalator Market in Japan to grow at a CAGR of 4.73 percent over the period 2013-2018.

This report covers the present scenario and the growth prospects of the Elevator and Escalator market in Japan for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the domestic market and exports of elevators and elevators in Japan. The domestic market constitutes installation, maintenance and repairs, and modernization of elevators and escalators within Japan. However, a similar break-up for exports is not included in the report. In addition, the report discusses the major drivers that influence the growth of the Elevator and Escalator market in Japan. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.

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Key Vendors

  • Fujitec
  • Hitachi
  • Mitsubishi Electric
  • Toshiba

Other Prominent Vendors

  • KONE
  • Otis Elevator Company
  • Schindler Group
  • ThyssenKrupp

Market Driver

  • Aging Population

Market Challenge

  • Increased Competition among Vendors

Market Trend

  • Introduction of High-speed Elevators

Key Questions Answered in this Report

  • What will the market size be in 2018 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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