Market Forecast By Types (Elevator(Passenger, Cargo & Home), Escalator (Moving Stairs & Moving Walkways), By Applications (Residential, Commercial & Industrial), By Services (New Installation, Modernization and Maintenance), By Regions (Northern Region, North Eastern Region, Central Region, Bangkok, Vicinity and Southern Region) and Competitive Landscape.
Product Code: ETC000960 | Publication Date: Sep 2019 | Updated Date: Apr 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by Rep. of Korea. It has registered a growth of 0.98% over the previous year. While Rep. of Korea registered a growth of 324.5% as compared to the previous year. In the year 2017, China was the largest exporter followed by Japan. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has a Herfindahl index of 6018 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 6443 which signifies high concentration in the market.
Thailand Elevator and Escalator market has registered high growth during the last four years on the back of growing public sector spending on infrastructural development projects. Government of Thailand is focused on expanding its airports and railways to boost tourism and to relieve trading bottlenecks with its neighbors in anticipation of increased regional trade with the formation of the ASEAN Economic Community (AEC). Government of Thailand has allocated more than $100 billion for the infrastructural development plan for 2014-2021 period. Government has also, passed a budget of $610 million for the expansion of airports in Thailand during the forecast period which would result in higher installation of elevators and escalators during the forecast period.
According to 6Wresearch, Thailand Elevator and Escalator Market size is anticipated to register growth during 2019-25. In the overall Thailand Elevator and Escalator market share, Bangkok has captured major pie in 2018 and is expected to lead throughout the forecast period. Further, central region of Thailand is expected to witness high growth over the coming six years.
On basis of application, the market can be broadly classified into commercial, industrial and residential segments. Growing construction in commercial sector such as upcoming mega projects including airport projects, expanding transportation projects would be major key factor for the growth of elevators and escalators in commercial sector during the forecast period.
The Thailand Elevator and Escalator market report thoroughly covers the market by Types, Applications, Services and regions. The Thailand Elevator and Escalator market outlook report provides an unbiased and detailed analysis of the on-going Thailand 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.
Key Highlights of the Report:
Markets Covered
The Thailand Elevator and Escalator Market report provides a detailed analysis of the following market segments:
1 Executive Summery |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Elevator and Escalator Market Overview |
3.1 Thailand New Installation Elevator and Escalator Market Revenues & Volume, 2015-2025F |
3.1.1 Thailand New Installation Elevator and Escalator Market Revenue Share, By Types, 2018 & 2025F |
3.2 Thailand Elevator and Escalator Services Market Revenues, 2015-2025F |
3.2.1 Thailand Elevator and Escalator Services Market Revenue Share, By Types, 2018 & 2025F |
3.2.2 Thailand Elevator and Escalator Services Market Revenue Share, By Services, 2018 & 2025F |
3.3 Thailand Elevator and Escalator Market Revenue Share, By Applications, 2018 & 2025F |
3.4 Thailand Elevator and Escalator Market Revenue Share, By Regions, 2018 & 2025F |
3.5 Thailand Elevator and Escalator Market - Industry Life Cycle, 2018 |
3.6 Thailand Elevator and Escalator Market - Porter’s Five Forces |
4 Thailand Elevator and Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Elevator and Escalator Market Trends |
6 Thailand Elevator Market Overview |
6.1 Thailand New Installation Elevator Market Revenues & Volume, 2015-2025F |
6.1.1 Thailand New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F |
6.2 Thailand Elevator Services Market Revenues, 2015-2025F |
6.2.1 Thailand Elevator Services Market Revenues, By Services Types, 2015-2025F |
6.3 Thailand Elevator Market Revenue Share, By Applications, 2018 & 2025F |
6.3.1 Thailand Elevator Market Revenues, By Applications, 2015-2025F |
7 Thailand Escalator Market Overview |
7.1 Thailand New Installation Escalator Market Revenues & Volume, 2015-2025F |
7.1.1 Thailand New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F |
7.2 Thailand Escalator Services Market Revenues, 2015-2025F |
7.2.1 Thailand Escalator Services Market Revenues, By Service Types, 2015-2025F |
8 Thailand Elevator and Escalator Market Overview, By Applications |
8.1 Thailand Commercial Application Elevator and Escalator Market Revenues, 2015-2025F |
8.2 Thailand Industrial Application Elevator and Escalator Market Revenues, 2015-2025F |
8.3 Thailand Residential Application Elevator and Escalator Market Revenues, 2015-2025F |
9 Thailand Elevator and Escalator Regional Market Overview |
9.1 Thailand Elevator and Escalator Market Revenues, By Northern Region, 2015-2025F |
9.2 Thailand Elevator and Escalator Market Revenues, By Central Region, 2015-2025F |
9.3 Thailand Elevator and Escalator Market Revenues, By North Eastern Region, 2015-2025F |
9.4 Thailand Elevator and Escalator Market Revenues, By Bangkok Region, 2015-2025F |
9.5 Thailand Elevator and Escalator Market Revenues, By Southern Region, 2015-2025F |
9.6 Thailand Elevator and Escalator Market Revenues, By Vicinity Region, 2015-2025F |
10 Thailand Elevator and Escalator Market Key Performance Indicators |
11 Thailand Elevator and Escalator Market Opportunity Assessment |
11.1 Thailand Elevator and Escalator Market Opportunity Assessment, By Applications, 2025F |
11.2 Thailand Elevator and Escalator Market Opportunity Assessment, By Types, 2025F |
11.3 Thailand Elevator and Escalator Market Opportunity Assessment, By Services, 2025F |
12 Thailand Elevator and Escalator Market Competitive Landscape |
12.1 Thailand Elevator and Escalator Market Revenue Share, By Company, 2018 |
12.2 Thailand Elevator and Escalator Market Competitive Benchmarking, By Operating Parameters |
13 Company Profiles |
14 Key Strategic Recommendations |
15 Disclaimer |