Competition Germany Elevators and Escalators Industry REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The growth in the elevator and escalator industry of Germany can be attributed to the maintenance and modernization of the already existing equipments and growing residential and retail infrastructure in the country. Germany is the largest economy in the Euro zone and has one of the best living standards in the world. The economy has strongly revived from the global financial crises of 2008 and the growth rate is gradually increasing. The government has invested heavily into building the public infrastructure in the past. The high speed rail network connecting the major cities across the country has been a major growth driver for the elevator and escalator industry in Germany. The rail network was built in the 1990’s era and the elevators and escalators installed are on the verge of completing their lifecycle. The maintenance & modernization and new installations of elevators and escalators in public facilities will drive the market growth in Germany. More than 70% of the country’s population lives in urban areas and cities like Berlin, Frankfurt, Stuttgart, Munich, Hamburg and others have been continuously building their public facilities and real estate sector to accommodate the rise in population. Growth in the Tourism sector has led to building up of new hotels and retail spaces across the country, which has further augmented the demand in the elevator and escalator market. The elevator and escalator market in Germany also consists of players that are small and medium sized players that provide maintenance and modernization services along with customized designs for individual users. The market share of these players has significantly increased in the past few years. Owing to growth of such players the industry has become less concentrated in Germany and there is a healthy competition in the market. The significant growth of the real estate sector in the residential and retail segment has catapulted the elevator and escalator market in Germany. Owing to all these factors the elevator and escalator market has witnessed healthy growth and is expected to grow further in Germany. The report titled “Germany Elevators and Escalators Market by New Equipment Installation & Maintenance & Modernization, by Elevator (by End Usage, by Type of Machinery, by Door Types and by Sector) and by Escalator (by End Usage and by Escalators and Moving Walkways) – Outlook to 2022” by Ken Research suggested a growth at a positive CAGR in revenues in Germany elevator and escalator market in the next 5 years till 2022, owing to the growth of real estate sector, rise in urban population and technological innovations in the industry. For more information on the research report, refer to below link: https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/germany-elevators-escalators-industry-research-report/142994-97.html Related Reports by Ken Research China Elevator and Escalator Industry Outlook to 2017 – Affordable Housing to Bolster Demand India Elevator and Escalator Industry Outlook to 2018 – Government Spending on Infrastructure to Steer Growth US Elevators and Escalators Market by New Equipment Installation & Maintenance & Modernization, by Elevator (by End Usage, by Type of Machinery, by Door Types and by Sector) and by Escalator (by End Usage and by Escalators and Moving Walkways) – Outlook to 2022 Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-124-4230204 Post Views: 6 Tags: Elevators Demand from Commercial and Retail Sector, Escalators Demand in Germany, Future of Elevators in Germany, German Elevators and Escalators Market Revenue, German Elevators Market Demand, Germany Elevator Maintenance Market, Germany Elevators & Escalators Industry Analysis, Germany Elevators & Escalators Industry Competition, Germany Elevators & Escalators Industry Size, Germany Elevators & Escalators Industry Value, Germany Elevators & Escalators Market Forecast, Germany Elevators & Escalators Sector Growth, Germany Elevators and Escalators Market, Germany Elevators Market Demand, Germany Escalators Maintenance Market, Passenger Elevator Market Size Germany