Summary

Elevator And Escalator Market In India 2024-2028
The elevator and escalator market in India is forecasted to grow by USD 913.2 mn during 2023-2028, accelerating at a CAGR of 9.45% during the forecast period. The report on the elevator and escalator market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing number of high-speed metro projects, rising disposable income and economic growth, and growing number of office spaces and commercial establishments.
Technavio's elevator and escalator market in India is segmented as below:
By Product
• Elevator
• Escalator
By End-user
• Residential
• Non-residential
By Geographical Landscape
• APAC
This study identifies the rising demand for customization in elevators as one of the prime reasons driving the elevator and escalator market in India growth during the next few years. Also, evolution of smart elevators and rising demand for energy-efficient elevators will lead to sizable demand in the market.
The report on the elevator and escalator market in India covers the following areas:
• Elevator and escalator market in India sizing
• Elevator and escalator market in India forecast
• Elevator and escalator market in India industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market in India vendors that include Beacon Elevator Co. Pvt. Ltd., Blue Star Elevators India Ltd., City lift India Ltd., Easa Elevators Pvt. Ltd., ESCON Elevators Pvt. Ltd., Express Lifts Ltd., Fujitec Co. Ltd., Grj Elevator Pvt. Ltd., Hitachi Ltd., Johnson Lifts Pvt. Ltd., Kinetic Hyundai Elevator and Movement Technologies Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., RP Bidyut Elevator, Schindler Holding Ltd., SEPL India Ltd., thyssenkrupp AG, Toshiba Corp., and TRIO Elevators Co. India Pvt. Ltd.. Also, the elevator and escalator market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors. For further information on this report, please visit - https://www.technavio.com/report/elevator-and-escalator-market-in-india-industry-analysis
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

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Table of Contents

• 1 Executive Summary
o 1.1 Market overview
o Executive Summary - Chart on Market Overview
o Executive Summary - Data Table on Market Overview
o Executive Summary - Chart on Country Market Characteristics
o Executive Summary - Chart on Market Segmentation by Product
o Executive Summary - Chart on Market Segmentation by End-user
o Executive Summary - Chart on Company Market Positioning
• 2 Market Landscape
o 2.1 Market ecosystem
o Parent Market
o Data Table on - Parent Market
o 2.2 Market characteristics
o Market characteristics analysis
o 2.3 Value chain analysis
o Value Chain Analysis
• 3 Market Sizing
o 3.1 Market definition
o Offerings of companies included in the market definition
o 3.2 Market segment analysis
o Market segments
o 3.3 Market size 2023
o 3.4 Market outlook: Forecast for 2023-2028
o Chart on India - Market size and forecast 2023-2028 ($ million)
o Data Table on India - Market size and forecast 2023-2028 ($ million)
o Chart on India: Year-over-year growth 2023-2028 (%)
o Data Table on India: Year-over-year growth 2023-2028 (%)
• 4 Historic Market Size
o 4.1 Elevator And Escalator Market in India 2018 - 2022
o Historic Market Size - Data Table on Elevator And Escalator Market in India 2018 - 2022 ($ million)
o 4.2 Product segment analysis 2018 - 2022
o Historic Market Size - Product Segment 2018 - 2022 ($ million)
o 4.3 End-user segment analysis 2018 - 2022
o Historic Market Size - End-user Segment 2018 - 2022 ($ million)
• 5 Five Forces Analysis
o 5.1 Five forces summary
o Five forces analysis - Comparison between 2023 and 2028
o 5.2 Bargaining power of buyers
o Bargaining power of buyers - Impact of key factors 2023 and 2028
o 5.3 Bargaining power of suppliers
o Bargaining power of suppliers - Impact of key factors in 2023 and 2028
o 5.4 Threat of new entrants
o Threat of new entrants - Impact of key factors in 2023 and 2028
o 5.5 Threat of substitutes
o Threat of substitutes - Impact of key factors in 2023 and 2028
o 5.6 Threat of rivalry
o Threat of rivalry - Impact of key factors in 2023 and 2028
o 5.7 Market condition
o Chart on Market condition - Five forces 2023 and 2028
• 6 Market Segmentation by Product
o 6.1 Market segments
o Chart on Product - Market share 2023-2028 (%)
o Data Table on Product - Market share 2023-2028 (%)
o 6.2 Comparison by Product
o Chart on Comparison by Product
o Data Table on Comparison by Product
o 6.3 Elevator - Market size and forecast 2023-2028
o Chart on Elevator - Market size and forecast 2023-2028 ($ million)
o Data Table on Elevator - Market size and forecast 2023-2028 ($ million)
o Chart on Elevator - Year-over-year growth 2023-2028 (%)
o Data Table on Elevator - Year-over-year growth 2023-2028 (%)
o 6.4 Escalator - Market size and forecast 2023-2028
o Chart on Escalator - Market size and forecast 2023-2028 ($ million)
o Data Table on Escalator - Market size and forecast 2023-2028 ($ million)
o Chart on Escalator - Year-over-year growth 2023-2028 (%)
o Data Table on Escalator - Year-over-year growth 2023-2028 (%)
o 6.5 Market opportunity by Product
o Market opportunity by Product ($ million)
o Data Table on Market opportunity by Product ($ million)
• 7 Market Segmentation by End-user
o 7.1 Market segments
o Chart on End-user - Market share 2023-2028 (%)
o Data Table on End-user - Market share 2023-2028 (%)
o 7.2 Comparison by End-user
o Chart on Comparison by End-user
o Data Table on Comparison by End-user
o 7.3 Residential - Market size and forecast 2023-2028
o Chart on Residential - Market size and forecast 2023-2028 ($ million)
o Data Table on Residential - Market size and forecast 2023-2028 ($ million)
o Chart on Residential - Year-over-year growth 2023-2028 (%)
o Data Table on Residential - Year-over-year growth 2023-2028 (%)
o 7.4 Non-residential - Market size and forecast 2023-2028
o Chart on Non-residential - Market size and forecast 2023-2028 ($ million)
o Data Table on Non-residential - Market size and forecast 2023-2028 ($ million)
o Chart on Non-residential - Year-over-year growth 2023-2028 (%)
o Data Table on Non-residential - Year-over-year growth 2023-2028 (%)
o 7.5 Market opportunity by End-user
o Market opportunity by End-user ($ million)
o Data Table on Market opportunity by End-user ($ million)
• 8 Customer Landscape
o 8.1 Customer landscape overview
o Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
• 9 Drivers, Challenges, and Opportunity/Restraints
o 9.1 Market drivers
o 9.2 Market challenges
o 9.3 Impact of drivers and challenges
o Impact of drivers and challenges in 2023 and 2028
o 9.4 Market opportunities/restraints
• 10 Competitive Landscape
o 10.1 Overview
o 10.2 Competitive Landscape
o Overview on criticality of inputs and factors of differentiation
o 10.3 Landscape disruption
o Overview on factors of disruption
o 10.4 Industry risks
o Impact of key risks on business
• 11 Competitive Analysis
o 11.1 Companies profiled
o Companies covered
o 11.2 Market positioning of companies
o Matrix on companies position and classification
o 11.3 Beacon Elevator Co. Pvt. Ltd.
o Beacon Elevator Co. Pvt. Ltd. - Overview
o Beacon Elevator Co. Pvt. Ltd. - Product / Service
o Beacon Elevator Co. Pvt. Ltd. - Key offerings
o 11.4 Blue Star Elevators India Ltd.
o Blue Star Elevators India Ltd. - Overview
o Blue Star Elevators India Ltd. - Product / Service
o Blue Star Elevators India Ltd. - Key offerings
o 11.5 City lift India Ltd.
o City lift India Ltd. - Overview
o City lift India Ltd. - Product / Service
o City lift India Ltd. - Key offerings
o 11.6 Easa Elevators Pvt. Ltd.
o Easa Elevators Pvt. Ltd. - Overview
o Easa Elevators Pvt. Ltd. - Product / Service
o Easa Elevators Pvt. Ltd. - Key offerings
o 11.7 ESCON Elevators Pvt. Ltd.
o ESCON Elevators Pvt. Ltd. - Overview
o ESCON Elevators Pvt. Ltd. - Product / Service
o ESCON Elevators Pvt. Ltd. - Key offerings
o 11.8 Express Lifts Ltd.
o Express Lifts Ltd. - Overview
o Express Lifts Ltd. - Product / Service
o Express Lifts Ltd. - Key offerings
o 11.9 Fujitec Co. Ltd.
o Fujitec Co. Ltd. - Overview
o Fujitec Co. Ltd. - Business segments
o Fujitec Co. Ltd. - Key news
o Fujitec Co. Ltd. - Key offerings
o Fujitec Co. Ltd. - Segment focus
o 11.10 Hitachi Ltd.
o Hitachi Ltd. - Overview
o Hitachi Ltd. - Business segments
o Hitachi Ltd. - Key news
o Hitachi Ltd. - Key offerings
o Hitachi Ltd. - Segment focus
o 11.11 Johnson Lifts Pvt. Ltd.
o Johnson Lifts Pvt. Ltd. - Overview
o Johnson Lifts Pvt. Ltd. - Product / Service
o Johnson Lifts Pvt. Ltd. - Key offerings
o 11.12 KONE Corp.
o KONE Corp. - Overview
o KONE Corp. - Product / Service
o KONE Corp. - Key news
o KONE Corp. - Key offerings
o 11.13 Mitsubishi Electric Corp.
o Mitsubishi Electric Corp. - Overview
o Mitsubishi Electric Corp. - Business segments
o Mitsubishi Electric Corp. - Key news
o Mitsubishi Electric Corp. - Key offerings
o Mitsubishi Electric Corp. - Segment focus
o 11.14 Otis Worldwide Corp.
o Otis Worldwide Corp. - Overview
o Otis Worldwide Corp. - Business segments
o Otis Worldwide Corp. - Key offerings
o Otis Worldwide Corp. - Segment focus
o 11.15 Schindler Holding Ltd.
o Schindler Holding Ltd. - Overview
o Schindler Holding Ltd. - Product / Service
o Schindler Holding Ltd. - Key offerings
o 11.16 thyssenkrupp AG
o thyssenkrupp AG - Overview
o thyssenkrupp AG - Business segments
o thyssenkrupp AG - Key news
o thyssenkrupp AG - Key offerings
o thyssenkrupp AG - Segment focus
o 11.17 Toshiba Corp.
o Toshiba Corp. - Overview
o Toshiba Corp. - Business segments
o Toshiba Corp. - Key news
o Toshiba Corp. - Key offerings
o Toshiba Corp. - Segment focus
• 12 Appendix
o 12.1 Scope of the report
o 12.2 Inclusions and exclusions checklist
o Inclusions checklist
o Exclusions checklist
o 12.3 Currency conversion rates for US$
o Currency conversion rates for US$
o 12.4 Research methodology
o Research methodology
o 12.5 Data procurement
o Information sources
o 12.6 Data validation
o Data validation
o 12.7 Validation techniques employed for market sizing
o Validation techniques employed for market sizing
o 12.8 Data synthesis
o Data synthesis
o 12.9 360 degree market analysis
o 360 degree market analysis
o 12.10 List of abbreviations
o List of abbreviations