Report forecast the Elevator and Escalator market
in Japan to grow at a CAGR of 4.73 percent over the period 2013-2018.
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.
According to the report, steady growth of the
elevator and escalator equipment maintenance business is one of the key factors
propelling market growth. This is driving the growth of the market in Japan as
there is an imminent rise in the revenue generated from the maintenance and
repair of elevators and escalators, which contributes directly to the market on
the whole.
Further, the report states that high cost of
elevators and escalators is one of the key challenges in the market. The price
of elevators and escalators has increased because of advances in technology. a
result of the high manufacturing costs, the profit margin of the vendors also
reduces.
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.
key players in the Elevator and Escalator Market in
Japan: Fujitec Co. Ltd., Hitachi Ltd., Mitsubishi Electric Corp. and Toshiba
Corp.
Other Prominent Vendors in the market are: KONE,
Otis Elevator Company, Schindler Group and ThyssenKrupp.
Market Driver
- Aging Population
- For a full, detailed list, view our report
Market Challenge
- Increased Competition among Vendors
- For a full, detailed list, view our report
Market Trend
- Introduction of High-speed Elevators
- For a full, detailed list, view our report
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?
Spanning over 74 pages and 31 Exhibits
“Elevator
and Escalator Market in Japan 2014-2018” report covers Executive Summary, List
of Abbreviations, Scope of the Report, Market Research Methodology,
Introduction, Industry Overview, Global Elevator and Escalator Market Overview,
Country Overview: Japan, Elevator and Escalator Market in Japan, Elevator and
Escalator Market in Japan: Segmentation by Revenue, Buying Criteria, Market
Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers
and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key
Vendor Analysis.
For
further information on this report, please visit- http://mrr.cm/4xA
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