Mexico Elevator And Escalator Market (2019-2025) | Outlook, Growth, Value, Companies, Forecast, Industry, Trends, Revenue, Share, Analysis & Size

Mexico Elevator And Escalator Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by Brazil. It has registered a growth of 23.82% over the previous year. While Brazil registered a decline of -11.12% as compare to the previous year. In the year 2017 China was the largest exporter followed by Spain. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Mexico has the Herfindahl index of 3255 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  4404 which signifies high concentration in the market.

Mexico Elevator And Escalator Market - Export Market Opportunities

Mexico elevator and escalator market are expected to demonstrate a steady growth during the forecast period owing to systematic phasing out of the current slowdown in the construction sector and recovery of the overall economy.

According to 6Wresearch, Mexico Elevator And Escalator Market size is projected to grow at a CAGR of 2.6% during 2019-2025F. The Mexico elevator and escalator market are poised to witness steady growth over the coming years as the country is witnessing a revival of various large scale infrastructure projects through initiatives such as the national infrastructure plan which aims to invest $42,000 million in infrastructure over the course of next five years. Furthermore, Mexico is also witnessing a sharp rise in urbanization rate as well as internal migration which has led to the development of commercial and residential spaces in the metropolitan cities. Additionally, a chronic shortage of housing is likely to be met by greater construction activities in the region which in turn would open avenues for the deployment of elevator and escalators. By Application, the commercial application would continue to account for the highest revenue share as the majority of the growth is anticipated in the retail segment due to the robust construction of malls and retail stores.

Services, modernization, and maintenance will continue to dominate the market revenue share due to increasing safety regulations and technological advancement.    

The Mexico elevator and escalator market report thoroughly covers the elevator and escalator market by components, verticals, and regions. The Mexico elevator and escalator market outlook report provides an unbiased and detailed analysis of the ongoing Mexico elevator and escalator market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report

• Mexico Elevator and Escalator Market Overview
• Mexico Elevator and Escalator Market Outlook
• Mexico Elevator and Escalator Market Forecast
• Mexico Elevator and Escalator Market Size and Historical Data of Mexico Elevator and Escalator Market Revenues & Volume for the Period 2015-2018
• Mexico Elevator and Escalator Market Forecast of Revenues & Volume, Until 2025
• Historical Data & Forecast of Mexico Elevator and Escalator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
• Historical Data & Forecast of Mexico Elevator Market Revenues & Volume for the Period 2015-2025F
• Historical Data & Forecast of Mexico Escalator Market Revenues & Volume for the Period 2015-2025F
• Historical Data & Forecast of Mexico Elevator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
• Historical Data & Forecast of Mexico Escalator Market Revenues, By Types, Applications, and Services for the Period 2015-2025F
• Market Drivers, Restraints, and Trends
• Mexico Elevator and Escalator Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Mexico Elevator and Escalator Market Opportunity Assessment
• Mexico Elevator and Escalator Market Share, By Players
• Mexico Elevator and Escalator Market Overview, By Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Mexico elevator and escalator market report provides a detailed analysis of the following market segments:

• By Types:

o   Elevator

• • Passenger
  • Cargo
  • Home

o   Escalator

• • Moving Stairs
  • Moving Walks

By Applications:

• Commercial
• Residential
• Industrial

By Services:

• New Installations
• Maintenance
• Modernization

Other Key Reports Available:

• South Korea Elevator & Escalator Market Report
• Spain Elevator & Escalator Market Report
• China Elevator & Escalator Market Report