Market Forecast By Types (Elevator, Escalator, Moving Walkways), By Services (Maintenance & Repair, New Installation, Modernization), By End-User (Residential, Commercial, Public), And by Competitive Landscape
Product Code: ETC150143 | Publication Date: Nov 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Canada Elevator And Escalator Market are projected to grow over the coming years. Canada Elevator And Escalator Market report is a part of our periodical regional publication North America Elevator And Escalator Market outlook report. 6W tracks the elevator and escalator market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Elevator And Escalator Market outlook report annually.
Canada Elevator and Escalator Market report comprehensively covers the market by Types, Services, and End Users. The market report provides an unbiased and detailed analysis of the ongoing 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.
According to Tourism Toronto, international visitor numbers to Toronto reached a record high of 5 million in 2015, an increase of 8% over 2014. This trend is expected to continue in the coming years, fuelling demand for elevators and escalators from hotels and other tourist destinations. The Canadian elevator and escalator market is also being driven by government initiatives to improve infrastructure. The Government of Canada has earmarked CAD 33 billion (USD 25 billion) for infrastructure spending over the next ten years, which is expected to create opportunities for elevator and escalator manufacturers.
Canada elevator and escalator market are anticipated to project substantial growth during the forthcoming years on account of rising modernization. The strengthening of the infrastructure sector along with an increasing number of shopping malls, multicomplexes, and offices are driving the Canada Elevator and escalator market growth. Additionally, the increasing population and the need to carry heavy appliances in grocery stores beholds the development of the market. The Canada elevator and escalator market are also driven by the rising industrial, residential, and commercial sectors.
According to 6Wresearch, the Canada Elevator And Escalator Market size is expected to record growth during 2020-2026. The increase in the number of high-rise buildings along with rising disposable income led to an improvement in the standard of living which is further adding to the Canada elevator and escalator market share. The outburst of coronavirus has negatively impacted the growth of the market leading to disruption in the construction sector. The worldwide restriction led to a pause in infrastructure development which further led to a decline in Canada Elevator and escalator market share.
On the basis of type, the elevator segment accounted for the largest share and is expected to dominate the market during the upcoming years owing to the growing residential sector and upsurge in the aging population.
The report provides a detailed analysis of the following market segments:
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 Canada Elevator and Escalator Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Elevator and Escalator Market Revenues & Volume, 2019 & 2026F |
3.3 Canada Elevator and Escalator Market - Industry Life Cycle |
3.4 Canada Elevator and Escalator Market - Porter's Five Forces |
3.5 Canada Elevator and Escalator Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Canada Elevator and Escalator Market Revenues & Volume Share, By Services, 2019 & 2026F |
3.7 Canada Elevator and Escalator Market Revenues & Volume Share, By End-User, 2019 & 2026F |
4 Canada Elevator and Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Canada Elevator and Escalator Market Trends |
6 Canada Elevator and Escalator Market, By Types |
6.1 Canada Elevator and Escalator Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Canada Elevator and Escalator Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Canada Elevator and Escalator Market Revenues & Volume, By Elevator, 2016 - 2026F |
6.1.4 Canada Elevator and Escalator Market Revenues & Volume, By Escalator, 2016 - 2026F |
6.1.5 Canada Elevator and Escalator Market Revenues & Volume, By Moving Walkways, 2016 - 2026F |
6.2 Canada Elevator and Escalator Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 Canada Elevator and Escalator Market Revenues & Volume, By Maintenance & Repair, 2016 - 2026F |
6.2.3 Canada Elevator and Escalator Market Revenues & Volume, By New Installation, 2016 - 2026F |
6.2.4 Canada Elevator and Escalator Market Revenues & Volume, By Modernization, 2016 - 2026F |
6.3 Canada Elevator and Escalator Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Canada Elevator and Escalator Market Revenues & Volume, By Residential, 2016 - 2026F |
6.3.3 Canada Elevator and Escalator Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.3.4 Canada Elevator and Escalator Market Revenues & Volume, By Public, 2016 - 2026F |
7 Canada Elevator and Escalator Market Import-Export Trade Statistics |
7.1 Canada Elevator and Escalator Market Export to Major Countries |
7.2 Canada Elevator and Escalator Market Imports from Major Countries |
8 Canada Elevator and Escalator Market Key Performance Indicators |
9 Canada Elevator and Escalator Market - Opportunity Assessment |
9.1 Canada Elevator and Escalator Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Canada Elevator and Escalator Market Opportunity Assessment, By Services, 2019 & 2026F |
9.3 Canada Elevator and Escalator Market Opportunity Assessment, By End-User, 2019 & 2026F |
10 Canada Elevator and Escalator Market - Competitive Landscape |
10.1 Canada Elevator and Escalator Market Revenue Share, By Companies, 2019 |
10.2 Canada Elevator and Escalator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |