Elevator and Escalator Market in India 2015 captures the overall
domestic elevator and escalator market. The elevator market can be classified
on the basis of hoist mechanism, building height, special uses and end-user
sector. Globally, the industry is expected to grow at a steady pace due to the
rising demand from emerging countries, especially India and China. Indian
elevator and escalator market is also registering steady growth. Increased real
estate activity along with rising disposable income stimulates the demand for
elevators and escalators. Increased migration to urban areas, rise in aged
population, and foreign direct investment inflow in construction comprises some
of the key factors propelling the elevator and escalator market in India.
However, the industry also has to contend with several bottlenecks.
Safety issues arising out of ill-maintained equipment pose a hindrance to the
growth of the industry. Smarter and faster elevators are slowly gaining
prominence. The market has huge opportunity with an increase in upcoming
residential, hospital, hotel, airport and metro rail projects. Indian elevator
and escalator market is poised to grow over the coming years along with the
steady economic growth of the country.
Spanning over 101 pages, “Elevator
and Escalator Market in India 2015” report covers the Executive
Summary, Macroeconomic Indicators, Introduction, Market Overview, Export-Import,
Drivers & Challenges, Government Regulations, Trends, Competitive
Landscape, Market Opportunities, Strategic Recommendations, Appendix. The
report covered companies are - OTIS Elevator Co (India) Ltd., Johnson Lifts
Pvt. Ltd., Thyssenkrupp Elevator (India) Pvt. Ltd., Schindler India Pvt. Ltd.,
Kinetic Hyundai Elevator & Movement Technologies Ltd., Mitsubishi Electric
India Pvt. Ltd., Hitachi Lift India Pvt. Ltd., Fujitec India Pvt. Ltd., Kone
Elevator India Pvt. Ltd., Express Lifts Ltd.
For
further information on this report, please visit- http://mrr.cm/4G6
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