The "Elevator and Escalator Market in US 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The elevator and escalator market in the US is poised to grow by $1.34 billion during 2021-2025, progressing at a CAGR of about 5% during the forecast period.
The market is driven by changing demographics and the demand for modernization and maintenance. This study identifies the increasing adoption of smart homes as one of the prime reasons driving the elevator and escalator market in us growth during the next few years.
The report on the elevator and escalator market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The elevator and escalator market in US analysis includes the product and service segments.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market vendors in the US that include Fuji Electric Co. Ltd., Fujitec Co. Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Prysmian Spa, Savaria Corp., Schindler Holding Ltd., thyssenkrupp Elevator AG, and WITTUR HOLDING GmbH.
Also, the elevator and escalator market analysis report in the US includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report on elevator and escalator market in us covers the following areas:
Elevator and escalator market in US sizing
Elevator and escalator market in US forecast
Elevator and escalator market in US industry analysis
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Product
Comparison by Product
Elevators - Market size and forecast 2020-2025
Escalators - Market size and forecast 2020-2025
Market opportunity by Product
Market Segmentation by Service
Comparison by Service
New installation - Market size and forecast 2020-2025
Maintenance - Market size and forecast 2020-2025
Modernization - Market size and forecast 2020-2025
Market opportunity by Service
Market positioning of vendors
Fuji Electric Co. Ltd.
Fujitec Co. Ltd.
Mitsubishi Electric Corp.
Otis Worldwide Corp.
Schindler Holding Ltd.
thyssenkrupp Elevator AG
WITTUR HOLDING GmbH
For more information about this report visit https://www.researchandmarkets.com/r/dn7s7b
View source version on businesswire.com: https://www.businesswire.com/news/home/20210507005231/en/
Laura Wood, Senior Press Manager
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