Asia Pacific Elevator Modernization Market 2020-2026 by Modernization Type (Partial, Full), Elevator Type (Hydraulic, Traction), Component, Application (Industrial, Residential, Commercial), and Country: Trend Forecast and Growth Opportunity

About the Report

About the Report

Asia Pacific elevator modernization market will grow by 6.0% annually with a total addressable market cap of USD 29.94 billion over 2020-2026.

Highlighted with 33 tables and 47 figures, this 109-page report Asia Pacific Elevator Modernization Market 2020-2026 by Modernization Type (Partial, Full), Elevator Type (Hydraulic, Traction), Component, Application (Industrial, Residential, Commercial), and Country: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire Asia Pacific elevator modernization market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure

Growth Drivers

Restraints and Challenges

Emerging Product Trends & Market Opportunities

Porter's Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific elevator modernization market in every aspect of the classification from perspectives of Modernization Type, Elevator Type, Component, Application, and Country.

Based on Modernization Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Full Modernization

Partial Modernization

Based on Elevator Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Hydraulic Elevators

Conventional Hydraulic Elevators

Hole-less Hydraulic Elevators

Roped Hydraulic Elevators

Traction Elevators

Geared Traction Elevators

Gear-less Traction Elevators

Machine Room-Less Elevators

Climbing Elevators

Pneumatic/Vacuum Elevators

Based on Component, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Power Units

Cabin Enclosures

Controllers

Relay based

Solid state

PLC

Signaling Fixtures

Door Equipment

Other Components

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Industrial Application

Residential Application

Commercial Application

Geographically, the following national/local markets are fully investigated:

Japan

China

South Korea

Australia

India

Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

For each aforementioned country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of key national markets by Elevator Type, Component, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in Asia Pacific elevator modernization market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Doppler S.A.

Fujitec Co., Ltd.

Hitachi, Ltd.

Hyundai Elevator Co., Ltd.

Johnson Lifts Private Ltd

KONE Corporation

Magnetek, Inc.

Mitsubishi Electric Corporation

Otis Elevator Company

Richmond Elevator (REM)

Schindler Holding Ltd.

Sematic S.p.A

Siemens AG

ThyssenKrupp Elevator AG

Toshiba Elevator and Building Systems Corporation (TOSHIBA)

United Technologies Corporation

Wittur Group

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Products


Companies

Key Players (this may not be a complete list and extra companies can be added upon request):

Doppler S.A.

Fujitec Co., Ltd.

Hitachi, Ltd.

Hyundai Elevator Co., Ltd.

Johnson Lifts Private Ltd

KONE Corporation

Magnetek, Inc.

Mitsubishi Electric Corporation

Otis Elevator Company

Richmond Elevator (REM)

Schindler Holding Ltd.

Sematic S.p.A

Siemens AG

ThyssenKrupp Elevator AG

Toshiba Elevator and Building Systems Corporation (TOSHIBA)

United Technologies Corporation

Wittur Group

Table Of Content

Table Of Content

1 Introduction 7

1.1 Industry Definition and Research Scope 7

1.1.1 Industry Definition 7

1.1.2 Research Scope 8

1.2 Research Methodology 11

1.2.1 Overview of Market Research Methodology 11

1.2.2 Market Assumption 12

1.2.3 Secondary Data 12

1.2.4 Primary Data 12

1.2.5 Data Filtration and Model Design 14

1.2.6 Market Size/Share Estimation 15

1.2.7 Research Limitations 16

1.3 Executive Summary 17

2 Market Overview and Dynamics 20

2.1 Market Size and Forecast 20

2.2 Major Growth Drivers 21

2.3 Market Restraints and Challenges 24

2.4 Emerging Opportunities and Market Trends 27

2.5 Porter's Fiver Forces Analysis 31

3 Segmentation of Asia Pacific Market by Modernization Type 35

3.1 Market Overview by Modernization Type 35

3.2 Full Modernization 37

3.3 Partial Modernization 38

4 Segmentation of Asia Pacific Market by Elevator Type 39

4.1 Market Overview by Elevator Type 39

4.2 Hydraulic Elevators 41

4.2.1 Conventional Hydraulic Elevators 42

4.2.2 Hole-less Hydraulic Elevators 43

4.2.3 Roped Hydraulic Elevators 44

4.3 Traction Elevators 45

4.3.1 Geared Traction Elevators 47

4.3.2 Gear-less Traction Elevators 48

4.3.3 Machine Room-Less Elevators 49

4.4 Climbing Elevators 50

4.5 Pneumatic/Vacuum Elevators 51

5 Segmentation of Asia Pacific Market by Component 52

5.1 Market Overview by Component 52

5.2 Power Units 54

5.3 Cabin Enclosures 55

5.4 Controllers 56

5.5 Signaling Fixtures 57

5.6 Door Equipment 58

5.7 Other Components 59

6 Segmentation of Asia Pacific Market by Application 60

6.1 Market Overview by Application 60

6.2 Industrial Application 62

6.3 Residential Application 63

6.4 Commercial Application 64

7 Asia-Pacific Market 2019-2026 by Country 65

7.1 Overview of Asia-Pacific Market 65

7.2 China 68

7.3 Japan 70

7.4 India 73

7.5 Australia 75

7.6 South Korea 77

7.7 Rest of APAC Region 79

8 Competitive Landscape 81

8.1 Overview of Key Vendors 81

8.2 New Product Launch, Partnership, Investment, and M&A 84

8.3 Company Profiles 85

Doppler S.A. 85

Fujitec Co., Ltd. 87

Hitachi, Ltd. 88

Hyundai Elevator Co., Ltd. 89

Johnson Lifts Private Ltd 90

KONE Corporation 91

Magnetek, Inc. 92

Mitsubishi Electric Corporation 93

Otis Elevator Company 94

Richmond Elevator (REM) 95

Schindler Holding Ltd. 96

Sematic S.p.A 97

Siemens AG 98

ThyssenKrupp Elevator AG 99

Toshiba Elevator and Building Systems Corporation (TOSHIBA) 100

United Technologies Corporation 101

Wittur Group 102

9 Investing in Asia Pacific Market: Risk Assessment and Management 103

9.1 Risk Evaluation of Asia Pacific Market 103

9.2 Critical Success Factors (CSFs) 106

Related Reports and Products 109


List Of Figure

Figure 1. Research Method Flow Chart 11

Figure 2. Breakdown of Primary Research 13

Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 15

Figure 4. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 17

Figure 5. Asia Pacific Elevator Modernization Market, 2019-2026, USD mn 20

Figure 6. Primary Drivers and Impact Factors of Asia Pacific Elevator Modernization Market 21

Figure 7. Primary Restraints and Impact Factors of Asia Pacific Elevator Modernization Market 24

Figure 8. Investment Opportunity Analysis 28

Figure 9. Porter's Fiver Forces Analysis of Asia Pacific Elevator Modernization Market 31

Figure 10. Breakdown of Asia Pacific Elevator Modernization Market by Modernization Type, 2019-2026, % of Revenue 35

Figure 11. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Modernization Type, Value (USD mn) and Share (%) 36

Figure 12. Asia Pacific Elevator Modernization Market: Full Modernization, 2015-2026, USD mn 37

Figure 13. Asia Pacific Elevator Modernization Market: Partial Modernization, 2015-2026, USD mn 38

Figure 14. Breakdown of Asia Pacific Elevator Modernization Market by Elevator Type, 2019-2026, % of Revenue 39

Figure 15. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Elevator Type, Value (USD mn) and Share (%) 40

Figure 16. Asia Pacific Elevator Modernization Market: Hydraulic Elevators, 2015-2026, USD mn 41

Figure 17. Asia Pacific Elevator Modernization Market: Conventional Hydraulic Elevators, 2015-2026, USD mn 42

Figure 18. Asia Pacific Elevator Modernization Market: Hole-less Hydraulic Elevators, 2015-2026, USD mn 43

Figure 19. Asia Pacific Elevator Modernization Market: Roped Hydraulic Elevators, 2015-2026, USD mn 44

Figure 20. Asia Pacific Elevator Modernization Market: Traction Elevators, 2015-2026, USD mn 45

Figure 21. Asia Pacific Elevator Modernization Market: Geared Traction Elevators, 2015-2026, USD mn 47

Figure 22. Asia Pacific Elevator Modernization Market: Gear-less Traction Elevators, 2015-2026, USD mn 48

Figure 23. Asia Pacific Elevator Modernization Market: Machine Room-Less Elevators, 2015-2026, USD mn 49

Figure 24. Asia Pacific Elevator Modernization Market: Climbing Elevators, 2015-2026, USD mn 50

Figure 25. Asia Pacific Elevator Modernization Market: Pneumatic/Vacuum Elevators, 2015-2026, USD mn 51

Figure 26. Breakdown of Asia Pacific Elevator Modernization Market by Component, 2019-2026, % of Revenue 52

Figure 27. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Component, Value (USD mn) and Share (%) 53

Figure 28. Asia Pacific Elevator Modernization Market: Power Units, 2015-2026, USD mn 54

Figure 29. Asia Pacific Elevator Modernization Market: Cabin Enclosures, 2015-2026, USD mn 55

Figure 30. Asia Pacific Elevator Modernization Market: Controllers, 2015-2026, USD mn 56

Figure 31. Asia Pacific Elevator Modernization Market: Signaling Fixtures, 2015-2026, USD mn 57

Figure 32. Asia Pacific Elevator Modernization Market: Door Equipment, 2015-2026, USD mn 58

Figure 33. Asia Pacific Elevator Modernization Market: Other Components, 2015-2026, USD mn 59

Figure 34. Breakdown of Asia Pacific Elevator Modernization Market by Application, 2019-2026, % of Revenue 60

Figure 35. Contribution to Asia Pacific 2020-2026 Cumulative Revenue by Application, Value (USD mn) and Share (%) 61

Figure 36. Asia Pacific Elevator Modernization Market: Industrial Application, 2015-2026, USD mn 62

Figure 37. Asia Pacific Elevator Modernization Market: Residential Application, 2015-2026, USD mn 63

Figure 38. Asia Pacific Elevator Modernization Market: Commercial Application, 2015-2026, USD mn 64

Figure 39. Breakdown of APAC Elevator Modernization Market by Country, 2019 and 2026, % of Revenue 66

Figure 40. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value (USD mn) and Share (%) 67

Figure 41. Elevator Modernization Market in China, 2015-2026, USD mn 68

Figure 42. Elevator Modernization Market in Japan, 2015-2026, USD mn 71

Figure 43. Elevator Modernization Market in India, 2015-2026, USD mn 73

Figure 44. Elevator Modernization Market in Australia, 2015-2026, USD mn 75

Figure 45. Elevator Modernization Market in South Korea, 2015-2026, USD mn 77

Figure 46. Elevator Modernization Market in Rest of APAC, 2015-2026, USD mn 79

Figure 47. Growth Stage of Asia Pacific Elevator Modernization Industry over the Forecast Period 81


List Of Table

Table 1. Snapshot of Asia Pacific Elevator Modernization Market, 2019-2026 18

Table 2. Main Product Trends and Market Opportunities in Asia Pacific Elevator Modernization Market 27

Table 3. Asia Pacific Elevator Modernization Market by Modernization Type, 2015-2026, USD mn 35

Table 4. Asia Pacific Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 39

Table 5. Asia Pacific Elevator Modernization Market: Hydraulic Elevators by Elevator Type, 2015-2026, USD mn 41

Table 6. Asia Pacific Elevator Modernization Market: Traction Elevators by Elevator Type, 2015-2026, USD mn 45

Table 7. Asia Pacific Elevator Modernization Market by Component, 2015-2026, USD mn 52

Table 8. Asia Pacific Elevator Modernization Market: Controllers by Type, 2015-2026, USD mn 56

Table 9. Asia Pacific Elevator Modernization Market by Application, 2015-2026, USD mn 60

Table 10. APAC Elevator Modernization Market by Country, 2015-2026, USD mn 66

Table 11. China Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 69

Table 12. U.S. Elevator Modernization Market by Component, 2015-2026, USD mn 69

Table 13. U.S. Elevator Modernization Market by Application, 2015-2026, USD mn 69

Table 14. Japan Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 72

Table 15. U.S. Elevator Modernization Market by Component, 2015-2026, USD mn 72

Table 16. U.S. Elevator Modernization Market by Application, 2015-2026, USD mn 72

Table 17. India Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 74

Table 18. U.S. Elevator Modernization Market by Component, 2015-2026, USD mn 74

Table 19. U.S. Elevator Modernization Market by Application, 2015-2026, USD mn 74

Table 20. Australia Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 76

Table 21. U.S. Elevator Modernization Market by Component, 2015-2026, USD mn 76

Table 22. U.S. Elevator Modernization Market by Application, 2015-2026, USD mn 76

Table 23. South Korea Elevator Modernization Market by Elevator Type, 2015-2026, USD mn 78

Table 24. U.S. Elevator Modernization Market by Component, 2015-2026, USD mn 78

Table 25. U.S. Elevator Modernization Market by Application, 2015-2026, USD mn 78

Table 26. Elevator Modernization Market in Rest of APAC by Country, 2015-2026, USD mn 80

Table 27. Doppler S.A.: Company Snapshot 85

Table 28. Doppler S.A.: Business Segmentation 85

Table 29. Doppler S.A.: Product Portfolio 86

Table 30. Doppler S.A.: Revenue, 2016-2018, USD mn 86

Table 31. Doppler S.A.: Recent Developments 86

Table 32. Risk Evaluation for Investing in Asia Pacific Market, 2019-2026 104

Table 33. Critical Success Factors and Key Takeaways 107

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