Market Forecast By Types (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairs, Moving Walks)), By Applications (Commercial, Residential, Industrial), By Services (Maintenance, Modernization) And Competitive Landscape.
Product Code: ETC001494 | Publication Date: Dec 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 110 | No. of Figures: 22 | No. of Tables: 8 |
Canada Elevator and Escalator Market are projected to gain traction in forthcoming years on the back of the rising substantial growth of the commercial and residential sector. Further, the growing development of hotels and motels in the country with the growing number of tourists and business travelers is a significant factor propelling the installation of elevators and escalators, as result, it is estimated to bolster the substantial growth of the Canada elevator and escalator market in the upcoming six years.
Residential elevators hold as few as one person because they tend to have fewer users than their commercial counterparts & whereas Commercial elevators are generally designed to fit more people than residential ones. The study was conducted using an objective combination of primary and secondary research including the inputs from the key participants in the industry. The report contains a comprehensive market landscape in the addition to an analysis of the key vendors. The major key players in the market are Schindler Group, Hyundai Elevator Co., Ltd, Otis Elevator Company, Kone Corporation, Fujitec, Hitachi, Ltd., SJEC Corporation, Mitsubishi Electric Corporation, ThyssenKrupp AG, and Toshiba Elevators and Building Systems Corporation. The Elevator & Escalator market is driven by the increasing adoption of energy-efficient elevators and escalators and increasing construction of high-rise buildings. In addition, increasing adoption of energy-efficient elevators & escalators is anticipated to boost the growth of the market as well.
Canada elevator and escalator market are anticipated to register steady growth over the coming years due to major upcoming high-rise projects in the commercial and residential spaces in the region. Additionally, the presence of a large installed base of elevators and escalators also provides ample opportunity for growth for the maintenance and modernization markets. Further, projects such as CIBC square I and II, Sugar wharf tower D, and the Well office tower would also support the market growth of elevator and escalators in the country over the coming years.
According to 6Wresearch, Canada Elevator And Escalator Market size is projected to grow at a CAGR of 2.5% during 2019-25. Canada elevator and escalator market are in their maturity phase. However, the government plans to revive the construction sector and further invest in the development of new infrastructure. The elevator segment captured the highest revenue share in the overall elevator and escalator market in Canada, wherein the majority of the installations were witnessed in office spaces, residential, retail, transportation, and hospitality sectors.
By applications, the commercial segment acquired the highest revenue share in the overall elevator and escalator market in 2018 and is going to show healthy growth over the coming years as well owing to developing public infrastructure and rising hospitality and healthcare sector.
By service types, maintenance held the majority of the market share and is going to maintain its dominance during the forecast period as well. The presence of an aging installed base has added to the demand potential as the majority of the installed base has completed its lifecycle and now offers a potential market for maintenance.
The Canada elevator and escalator market report thoroughly covers the market by elevator types, escalator types, services types, and applications. The Canada elevator and escalator market outlook report provides an unbiased and detailed analysis of the ongoing Canada elevator and escalator market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Markets Covered:
The Canada Elevator and Escalator Market report provide a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Canada Elevator and Escalator Market Overview |
3.1. Canada Country Indicators |
3.2. Canada Elevator & Escalator Market Revenues, 2015-2025F |
3.3. Canada Elevator & Escalator Market - Industry Life Cycle |
3.4. Canada Elevator & Escalator Market - Porter’s Five Forces |
3.5. Canada Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
3.6. Canada Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
3.7. Canada Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
4. Canada Elevator & Escalator Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Canada Elevator & Escalator Market Trends |
6. Canada Elevator Market Overview |
6.1. Canada New Installation Elevator Market Revenues & Volume, 2015-2025F |
6.1.1. Canada New Installation Elevator Market Revenue & Volume Share, By Elevator Types, 2018 & 2025F |
6.1.1.1 . Canada New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F |
6.2. Canada Elevator Services Market Revenues, 2015-2025F |
6.2.1. Canada Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
6.2.1.1. Canada Elevator Services Market Revenues, By Service Types, 2015-2025F |
6.3. Canada Elevator Market Overview, By Applications, 2015-2025F |
6.3.1. Canada Elevator Market Revenue Share, By Applications, 2018 & 2025F |
6.3.1.1. Canada Elevator Market Revenues, By Applications, 2015-2025F |
7. Canada Escalator Market Overview |
7.1. Canada New Installation Escalator Market Revenues & Volume, 2015-2025F |
7.1.1. Canada New Installation Escalator Market Revenue & Volume Share, By Escalator Types, 2018 & 2025F |
7.1.1.1. Canada New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F |
7.2. Canada Escalator Services Market Revenues, 2015-2025F |
7.2.1. Canada Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
7.2.1.1. Canada Escalator Services Market Revenues, By Service Types, 2015-2025F |
7.3. Canada Escalator Market Overview, By Applications, 2015-2025F |
7.3.1. Canada Escalator Market Revenue Share, By Applications, 2018 & 2025F |
7.3.1.1. Canada Escalator Market Revenues, By Applications, 2015-2025F |
8. Canada Elevator & Escalator Market Overview, By Applications |
8.1. Canada Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F |
8.2. Canada Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F |
8.3. Canada Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F |
9. Canada Elevator & Escalator Market Key Performance Indicators |
10. Canada Elevator & Escalator Market Opportunity Assessment |
10.1. Canada Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
10.2. Canada Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
11. Canada Elevator & Escalator Market Competitive Landscape |
11.1. Canada Elevator & Escalator Market Competitive Benchmarking, By Product Types |
11.2. Canada Elevator & Escalator Market Revenue Share, By Company, 2018 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |
LIST OF FIGURES |
Figure 1. Canada Elevator & Escalator Market Revenues, 2015-2025F ($ Million) |
Figure 2. Canada Elevator & Escalator Market - Industry Life Cycle |
Figure 3. Canada Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
Figure 4. Canada Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
Figure 5. Canada Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 6. Canada New Installation Elevator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
Figure 7. Canada New Installation Elevator Market Revenue Share, By Elevator Types, 2018 & 2025F |
Figure 8. Canada New Installation Elevator Market Volume Share, By Elevator Types, 2018 & 2025F |
Figure 9. Canada Elevator Services Market Revenues, 2015-2025F ($ Million) |
Figure 10. Canada Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
Figure 11. Canada Elevator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 12. Canada New Installation Escalator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
Figure 13. Canada New Installation Escalator Market Revenue Share, By Escalator Types, 2018 & 2025F |
Figure 14. Canada New Installation Escalator Market Volume Share, By Escalator Types, 2018 & 2025F |
Figure 15. Canada Escalator Services Market Revenues, 2015-2025F ($ Million) |
Figure 16. Canada Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
Figure 17. Canada Escalator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 18. Canada Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F ($ Million) |
Figure 19. Canada Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F ($ Million) |
Figure 20. Canada Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F ($ Million) |
Figure 21. Canada Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
Figure 22. Canada Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
LIST OF TABLES |
Table 1. Canada New Installation Elevator Market Revenues, By Elevator Types ($ Million) |
Table 2. Canada New Installation Elevator Market Volume, By Elevator Types (Thousand Units) |
Table 3. Canada Elevator Services Market Revenues, By Service Types ($ Million) |
Table 4. Canada Elevator Market Revenues, By Applications, 2015-2025F, ($ Million) |
Table 5. Canada New Installation Escalator Market Revenues, By Escalator Types ($ Million) |
Table 6. Canada New Installation Escalator Market Volume, By Escalator Types (Thousand Units) |
Table 7. Canada Escalator Services Market Revenues, By Service Types ($ Million) |
Table 8. Canada Escalator Market Revenues, By Applications, 2015-2025F, ($ Million) |