Market Forecast By Segments (Elevators (Machine Room and Machine Room Less), Escalator (Moving Stairs and Moving Walkways)), By Services (New installation and Maintenance), By Verticals (Residential, Commercial and Industrial), By Regions (Bucuresti and Ifflov Region, Center Region, West Region, South Region, North West Region, South East Region, South West Region and North East Region) and Competitive Landscape
Product Code: ETC000479 | Publication Date: May 2018 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 90 | No. of Figures: 56 | No. of Tables: 13 | |
Romania Elevator and Escalator Market has witnessed many technological developments in the recent years MULTI elevators ThyssenKrupp elevator is the first cable-less elevator in the world to move both horizontally and vertically. The lift works on liner motor technology to reduce time and energy consumption. Johnson lift has come up with an innovative solution this innovation allows passengers to operate the Johnson Lifts without touching the buttons or the screen. Green Elevator helps in reducing the energy consumption also helps in energy recovery.
Mergers and Acquisitions
ATIS acquired A Smart Elevator Solutions and 1 Able Elevator in November, 2020.
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Growing construction industry on account of strengthening commercial, hospitality and residential sectors in recent years has fuelled the demand for elevators and escalators in Romania. Further, increasing government spending on infrastructure development has resulted in surge in the deployment of elevators and escalators in the country. The elevator segment captured a major share in the overall elevators & escalators market In Romania, wherein the majority of the market installations were witnessed in residential and commercial sectors. However, escalator segment is projected to grow at a higher CAGR during 2018-24, primarily due to growing installations across airports, metros, and railway development projects in the country.
According to 6Wresearch, Romania Elevator & Escalator Market is expected to grow at a CAGR of 6.3% during 2018-24. High growth is expected during the forecast period owing to an increase in FDI in the country. FDI and funds by European Union has made Romania the second-fastest growing economy in the European Union and resulted in the growth of infrastructural development projects in the country, leading to surge in demand for elevators and escalators.
Amongst all the elevators segments, machine room elevators sub segment acquired the highest revenue share of the market due to high installation in mid-rise buildings, as it is less expensive and easy to install. The report thoroughly covers the market by elevators and escalators types, verticals, and regions. The report provides an unbiased and detailed analysis of the ongoing trends, opportunities, high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Global Elevator & Escalator Market Overview
3.1 Global Elevator & Escalator Market Revenues and Volume (2014-2024F)
3.2 Global Elevator & Escalator Market Revenue Share, By Regions (2017)
4 Romania Elevator & Escalator Market Overview
4.1 Overview and Analysis
4.2 Romania Elevator & Escalator Market Revenues and Volume (2014-2024F)
4.3 Romania Elevator & Escalator Industry Life Cycle
4.4 Romania Elevator & Escalator Market Porter's Five Forces Model
4.5 Romania Elevator & Escalator Market Revenue Share, By Services (2014 & 2024F)
4.6 Romania Elevator & Escalator Market Revenue Share, By Verticals (2014 & 2024F)
5 Romania Elevator & Escalator Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6 Romania Elevator & Escalator Market Trends
7 Romania Elevator Market Overview
7.1 Overview & Analysis
7.2 Romania Elevator Market Revenues and Volume (2014-2024F)
7.3 Romania Elevator Market Revenues, By Types (2014-2024F)
7.4 Romania Elevator Market Revenues, By Speed (2014-2024F)
7.5 Romania Elevator Market Revenues, By Services (2014-2024F)
7.6 Romania Commercial Elevator Market Revenues (2014-2024F)
7.6.1 Romania Commercial Elevator Market Revenues, By Sectors (2014-2024F)
7.7 Romania Residential Elevator Market Revenues (2014-2024F)
7.8 Romania Industrial Elevator Market Revenues (2014-2024F)
8 Romania Escalator Market Overview
8.1 Overview & Analysis
8.2 Romania Escalator Market Revenues and Volume (2014-2024F)
8.3 Romania Moving Stairs Escalator Market Revenues & Volume (2014-2024F)
8.4 Romania Moving Walkways Escalator Market Revenues & Volume (2014-2024F)
8.5 Romania Escalator Market Revenue, By Services (2014-2024F)
8.6 Romania Escalator Market Revenue, By Verticals (2014-2024F)
9 Romania Elevator & Escalator Services Market Overview
9.1 Romania Elevator & Escalator New Installation Market Revenues (2014-2024F)
9.2 Romania Elevator & Escalator Modernization Market Revenues (2014-2024F)
9.3 Romania Elevator & Escalator Maintenance Market Revenues (2014-2024F)
10 Romania Elevator & Escalator Vertical Market Overview
10.1 Romania Elevator & Escalator Residential Market Revenues (2014-2024F)
10.2 Romania Elevator & Escalator Industrial Market Revenues (2014-2024F)
10.3 Romania Elevator & Escalator Commercial Market Revenues (2014-2024F)
10.3.1 Romania Elevator and Escalator Vertical Market Revenues,
By Hospitality & Healthcare and Commercial Offices (2014-2024F)
10.3.2 Romania Elevator and Escalator Vertical Market Revenues,
By Transportation & Infrastructure (2014-2024F)
10.3.3 Romania Elevator and Escalator Vertical Market Revenues,
By Hospitality & Educational and Retail (2014-2024F)
10.4 Romania Elevator & Escalator Market Opportunity Matrix, By Verticals (2024)
11 Romania Elevator & Escalator Market Current and Upcoming High Rise Building Projects
12 Romania Elevator & Escalator Regional Market Overview
12.1 Romania Bucuresti - Ifflov and Center Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.2 Romania West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.3 Romania West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.4 Romania South Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.5 Romania North West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.6 Romania South East Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.7 Romania South West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
12.8 Romania North East Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
13 Competitive Landscape
13.1 Romania Elevator & Escalator Market Revenue Share, By Company (2017)
13.2 Romania Elevator & Escalator Market, By Operating Parameters
14 Company Profiles
14.1 Kone Corporation
14.2 OTIS Europe S.A
14.3 Schindler Management
14.4 ThyssenKrupp Elevators
14.5 Kleemann Lift RO
15 Key Strategic Pointers
16 Disclaimer
List of Figures
1. Global Elevator and Escalator Market Revenues, 2014-2024F ($ Billion)
2. Global Elevator and Escalator Market Volume, 2014-2024F (Million Units)
3. Investment Market of Romania, 2014-17 ($ Million)
4. Romania Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
5. Romania Elevator and Escalator Market Volume, 2014-2024F (Units)
6. FDI Distribution in Romania (Jan 2017)
7. Romania Elevator and Escalator System Market Revenue Share, By Services (2017)
8. Romania Elevator and Escalator System Market Revenue Share, By Services (2024F)
9. Romania Elevator and Escalator System Market Revenue Share, By Verticals (2017)
10. Romania Elevator and Escalator System Market Revenue Share, By Verticals (2024F)
11. Aging Population of Romania, % of Total Population (2018)
12. Residential Building Permit In Romania
13. Romania Elevator Market Revenues, 2014-2024F ($ Million)
14. Romania Elevator Market Volume, 2014-2024F (Units)
15. Romania Machine Room Elevators Market Revenues, 2014-2024F ($ Million)
16. Romania Machine Room Less Elevators Market Revenues, 2014-2024F ($ Million)
17. Romania 1 MPS to 2.5 MPS Speed Elevators Market Revenues, 2014-2024F ($ Million)
18. Romania 3 MPS & 3.5 MPS Speed Elevators Market Revenues, 2014-2024F ($ Million)
19. Romania 4 MPS & Above Speed Elevators Market Revenues, 2014-2024F ($ Million)
20. Romania Commercial Elevator Market Revenues, 2014-2017 ($ Million)
21. Romania Commercial Elevator Market Revenues, 2018E-2024F ($ Million)
22. Romania Residential Elevator Market Revenues Share, 2014-2017 ($ Million)
23. Romania Residential Elevator Market Revenues, 2018E-2024F ($ Million)
24. Romania Industrial Elevator Market Revenues, 2014-2017 ($ Million)
25. Romania Industrial Elevator Market Revenues, 2018E-2024F ($ Million)
26. Romania Escalator Market Revenues, 2014-2024F ($ Million)
27. Romania Escalator Market Volume, 2014-2024F (Units)
28. Romania Moving Stair Escalator Market Revenues, 2014-2024F ($ Million)
29. Romania Moving Stair Escalator Market Volume, 2014-2024F (Units)
30. Romania Escalator Market Revenue, By Moving Stairs (2017 & 2024F)
31. Romania Moving Walkways Escalator Market Revenues, 2014-2024F ($ Million)
32. Romania Moving Walkways Escalator Market Volume, 2014-2024F (Units)
33. Romania Escalator Market Revenue, By Moving Walkways (2017 & 2024F)
34. Romania Transportation and Infrastructure Vertical Escalator Market Revenues, 2014-2024F ($ Million)
35. Romania Retail Vertical Escalator Market Revenues, 2014-2024F ($ Million)
36. Romania Elevator and Escalator New Installation Market Revenues, 2014-2024F ($ Million)
37. Romania Elevator and Escalator New Installation Market Revenue Share, By Types (2017 & 2024F)
38. Romania Elevator and Escalator Modernization Market Revenues, 2014-2024F ($ Million)
39. Romania Elevator and Escalator Modernization Market Revenue Share, By Types (2017 & 2024F)
40. Romania Elevator and Escalator Maintenance Market Revenues, 2014-2024F ($ Million)
41. Romania Elevator and Escalator Maintenance Market Revenue Share, By Types (2017 & 2024F)
42. Romania Elevator and Escalator Residential Vertical Market Revenues, 2014-2024F ($ Million)
43. Romania Elevator and Escalator Industrial Vertical Market Revenues, 2014-2024F ($ Million)
44 . Romania Elevator and Escalator Commercial Vertical Market Revenues, 2014-2024F ($ Million)
45. Romania Commercial Elevators and Escalators Market Revenue Share, By Type (2017)
46. Romania Healthcare & Hospitality Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
47. Romania Commercial Offices Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
48. Romania BFSI Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
49. Romania Transportation & Infrastructure Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
50. Romania Educational Institutions Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
51. Romania Retail Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
52. Romania Elevator and Escalator Commercial Vertical Market Revenues, 2014-2024F ($ Million)
53. Romania Bucuresti & Ifflov Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
54. Romania Center Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
55. Romania West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
56. Romania South Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
57. Romania North West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
58. Romania South East Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
59. Romania South West Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
60. Romania North East Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
61. Romania Elevator and Escalator Market Revenue Share, By Companies (2017)
List of Tables
1. Romania Commercial Construction Projects Proposed (2018 - 2019)
2. Romania Elevator Market Revenues, By Services, 2014-2024F ($ Million)
3. Romania Commercial Elevator Market Revenues, By Types, 2014-2024F ($ Million)
4. Upcoming Retail Projects in Romania (2018)
5. Romania Escalator Market Revenues, By Services, 2014-2024F ($ Million)
6. Romania Upcoming Residential Under Construction Projects (2018)
7. Market Revenues by Vertical Segments in Romania (2018)
8. Upcoming Hotel Projects in Romania (As On Feb 2018)
9. List of High-rise Building Construction Projects in Bucharest (As On Feb 2018)
10. List of High-rise Building Construction Projects in Brasov (As on Feb 2018)
11. List of High-rise Building Construction Projects in Craiova (As on Feb 2018)
12. List of High-rise Building Construction Projects in Iasi (As on Feb 2018)
13. List of High-rise Building Construction Projects in Bacau (As on Feb 2018)