Elevator

UK Elevators and Escalators Market Forecast Report 2022-2028 with Profiles of KONE, OTIS, Titan Elevators, Hyundai Elevator and Stannah Lifts Holdings - ResearchAndMarkets.com

Retrieved on: 
Monday, May 9, 2022

The UK elevators and escalators market is expected to grow at a CAGR of 4.7% during the forecast period.

Key Points: 
  • The UK elevators and escalators market is expected to grow at a CAGR of 4.7% during the forecast period.
  • The report considers the present scenario of the UK elevators & escalators market and market dynamics for 2022-2028.
  • Increasing population to boost urbanization trend which is further likely to surge elevators & escalators market in the UK.
  • UK Escalators Market Size and Forecast, Volume (Units), 2019-2028
    Hydraulic and Pneumatic , Market Size and Forecast, Volume (Units),2019-2028
    UK Escalators Market Size and Forecast, Volume (Units), 2019-2028

Escalators & Moving Walkways Market to value $23 billion by 2028, Says GMI

Retrieved on: 
Wednesday, May 4, 2022

SELBYVILLE, Del., May 4, 2022 /PRNewswire/ -- The escalators & moving walkways market is expected to surpass USD 23 billion by 2028, as reported in a research study by Global Market Insights Inc. Rising demand from the retail sector to boost the industry growth.

Key Points: 
  • Moreover, many airports are expanding their current infrastructure, which will influence the escalators & moving walkways market share.
  • The Latin America escalators & moving walkways market will exhibit a growth rate of 4.6% till 2028.
  • Some major findings of the escalators & moving walkways market report include:
    The increasing population and growing urbanization in various regions around the world are driving the market.
  • The growing number of hotels, warehouses, and other commercial establishments across the globe will augment the overall demand for escalators & moving walkways.

Chinese Elevator and Escalator Industry Report to 2028 - China Remains a Net Exporter Despite Increasing Domestic Demand

Retrieved on: 
Tuesday, May 3, 2022

According to the World Economic Forum, more than 500 smart cities are built around China.

Key Points: 
  • According to the World Economic Forum, more than 500 smart cities are built around China.
  • China remains a net exporter despite increasing domestic demand.
  • China accounted for 63% of the total elevator new installations market in 2020, followed by Europe, Middle East & Africa.
  • Most Chinese provinces still have a very low elevator & escalator density ratio, including several relatively wealthy areas with dense populations.

3Phase Elevator Partners with Southeast Elevator

Retrieved on: 
Thursday, April 28, 2022

CANTON, Mass., MIRAMAR, Fla. and FORT PIERCE, Fla., April 28, 2022 /PRNewswire/ -- 3Phase Elevator, a leading independent elevator and escalator services provider, today announced a partnership with Southeast Elevator to service Southeast's commercial maintenance and service customers. Operating as Excel Elevator in Florida with offices in Miramar and West Park, the 3Phase Excel team is led by elevator industry veteran, Dustin Bosek. This partnership triples the number of units that Excel services throughout Florida and will provide a stronger foundation upon which to focus on customer needs.

Key Points: 
  • CANTON, Mass., MIRAMAR, Fla. and FORT PIERCE, Fla., April 28, 2022 /PRNewswire/ -- 3Phase Elevator, a leading independent elevator and escalator services provider, today announced a partnership with Southeast Elevator to service Southeast's commercial maintenance and service customers.
  • Operating as Excel Elevator in Florida with offices in Miramar and West Park, the 3Phase Excel team is led by elevator industry veteran, Dustin Bosek.
  • Southeast Elevator, based in Fort Pierce, is a leading residential elevator company and sought a commercial elevator partner to ensure its commercial accounts had the very best service and technical support.
  • Southeast President Scott McGee added, "We are excited to partner with the 3Phase family of independent elevator service providers.

China Elevator and Escalator Market Report (2022 to 2028) - Featuring Mitsubishi Electric, TK Elevator and Hitachi Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 28, 2022

The "China Elevator and Escalator - Market Size & Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Elevator and Escalator - Market Size & Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • This report considers the present scenario of the China elevators & escalators market and market dynamics for the forecast period 2022-2028.
  • The study includes the volume and value sales with a segment analysis of the UAE construction equipment market.
  • China accounted for 63% of the total elevator new installations market in 2020, followed by Europe, Middle East & Africa.

Southeast Asia Elevator and Escalator Industry to 2027 - Featuring Hitachi, Hyundai Elevator and Mitsubishi Electric Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 26, 2022

The "Southeast Asia Elevator And Escalator Market Outlook" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Southeast Asia Elevator And Escalator Market Outlook" report has been added to ResearchAndMarkets.com's offering.
  • The Southeast Asia elevator and escalator market report thoroughly covers market by product types, new installation vs. services, applications, elevator types, escalator types and countries.
  • The Southeast Asia elevator and escalator market saw decent growth in recent years on account of increased focus on developing urban infrastructure in emerging markets like Indonesia to support the growing urban population in the region.
  • According to the publisher, the Southeast Asia Elevator And Escalator Market size is projected to grow at a CAGR of 5.1% during 2021-2027.

Indonesia Elevator & Escalator Market Analysis & Forecasts, 2018-2021 & 2022-2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, April 20, 2022

The "Indonesia Elevator & Escalator - Market Size & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Indonesia Elevator & Escalator - Market Size & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • This report considers the present scenario of the Indonesia elevator and escalator market and its market dynamics for the period 2018-2024.
  • The study covers a detailed overview of various market growth enablers, restraints, and trends.
  • The market is highly competitive characterized by the presence of several OEMs including KONE, Otis, Hyundai Elevator, TK Elevator Mitsubishi Electric, Hitachi, Schindler, Fujitec, Kohler, CANNY Elevator Co. and others.

Otis Announces Winners of Made to Move Communities Challenge

Retrieved on: 
Thursday, April 14, 2022

FARMINGTON, Conn., April 14, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation and service, has selected the winning schools of its second annual Made to Move Communities™ challenge. Students supported by Otis volunteer mentors developed innovative science, technology, engineering, and math (STEM) solutions to real-world mobility challenges seen in their communities. Students from 20 schools across 14 countries and territories participated in the program, which, this year, focused on eliminating barriers to mobility for the rapidly growing 60+ population.

Key Points: 
  • Students supported by Otis volunteer mentors developed innovative science, technology, engineering, and math (STEM) solutions to real-world mobility challenges seen in their communities.
  • The winners selected in each Otis region were:
    Americas: Centro de Estudios Tecnolgicos Industrial y de Servicios No.
  • The announcement of the Made to Move Communities winners is part of Otis' annual Lift Our Communities Month celebration.
  • Later this year, Otis will launch its third annual Made to Move Communities challenge, again teaming students and Otis volunteer mentors to develop solutions to real-world mobility issues in their local communities.

Global Escalators and Elevators Market Opportunity and Demand Analysis to 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 12, 2022

One of the prominent factors driving the growth of the elevators and escalators market is the surging demand from the end-use sectors like commercial, residential, commercial, hospitals, and others.

Key Points: 
  • One of the prominent factors driving the growth of the elevators and escalators market is the surging demand from the end-use sectors like commercial, residential, commercial, hospitals, and others.
  • Increasing focus of government towards infrastructure development and rising need for rapid transit is expected to boost the growth of global elevators and escalators market.
  • The global escalators and elevators market can be segmented on the basis of type which includes Elevators, Escalator, Moving Walkways.
  • The elevators segment accounted for a larger market share owing to the rising demand for elevators in various malls, supermarkets and hypermarkets.

Vietnam $748.73 Mn Elevators & Escalators Markets, Competition, Forecast & Opportunities, 2027 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 11, 2022

The Vietnamese Elevators & Escalators Market is projected to grow from USD470.22 million in 2021 to USD748.73 million by 2027 at a CAGR of 7.87% in the forecast period.

Key Points: 
  • The Vietnamese Elevators & Escalators Market is projected to grow from USD470.22 million in 2021 to USD748.73 million by 2027 at a CAGR of 7.87% in the forecast period.
  • Rapid urbanization and the growing construction of smart cities in Vietnam are the primary factors driving the demand for the Vietnamese Elevators & Escalators Market.
  • Also, the growing demand for improved safety features in buildings and the advent of smart elevators & elevators are the other prominent factors expected to accelerate the Vietnamese Elevators & Escalators Market growth in the forecast period.
  • The Vietnamese Elevators & Escalators Market is segmented into type, service, end-user, competitive landscape, and region.