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Follow on Google News |  India Elevator & Escalator Market Report (2017-2023)-6WresearchAccording to 6Wresearch, India Elevator & Escalator Market is expected to grow at a CAGR of 8.1% during 2017E-23F. In India, gearless & machine room less type of technology elevator is growing at a faster rate than geared type of elevator
Market Forecast by Types (Elevator (Geared and Gearless and Machine Room Less) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation and Maintenance) In India, continuous construction of high rise buildings and growing government expenditure on infrastructure development have spurred wide installation of elevators & escalators. In India, elevator segment has captured major share in overall elevators & escalators market, where majority of the market installations are witnessed in areas such as residential, retail, transportation and hospitality sectors. According to 6Wresearch, India Elevator & Escalator Market is expected to grow at a CAGR of 8.1% during 2017E-23F. In India, gearless & machine room less type of technology elevator is growing at a faster rate than geared type of elevator and is expected to hold the major share in coming years. In escalator segment, moving stairs escalator has led the market, however moving walkway sub-segment is gaining popularity with the installation at airports, and shopping centers. In 2016, amongst all the applications, commercial application captured the largest share in overall elevator & escalator market. The report thoroughly covers the market by elevators and escalators types, sub-segments, services, applications, and regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/ Key Highlights of the Report • Historical data of Global Elevators and Escalators Market for the Period 2014-2016. • Market Size & Forecast of Global Elevators and Escalators Market until 2023. • Historical data of India Elevators and Escalators Market Revenues & Volume for the Period 2014-2016. • Market Size & Forecast of India Elevators and Escalators Revenues & Volume Market until 2023. • Historical data of India Elevators Market Revenues & Volume for the Period 2014-2016. • Market Size & Forecast of India Elevators Market Revenues & Volume until 2023. • Historical data of India Escalators Market Revenues & Volume for the Period 2014-2016. • Market Size & Forecast of India Escalators Market Revenues & Volume until 2023. • Historical data of India Elevators and Escalators Application Market Revenues for the Period 2014-2016. • Market Size & Forecast of India Elevators and Escalators Application Market Revenues until 2023. • Historical data of India Elevators and Escalators Regional Market Revenues for the Period 2014-2016. • Market Size & Forecast of India Elevators and Escalators Regional Market Revenues until 2023. • Historical data of India Elevators and Escalators Service Market Revenues for the Period 2014-2016. • Market Size & Forecast of India Elevators and Escalators Service Market Revenues until 2023. • Market Drivers and Restraints. • Market Trends. • Players Market Share and Competitive Landscape. Markets Covered The report provides the detailed analysis of the following market segments: • Types: o Elevators: • Geared • Gearless and Machine Room Less o Escalators: • Moving Stairs • Moving Walkways • Services: o New Installation o Maintenance • Applications: o Residential o Industrial o Commercial: • Healthcare & Hospitality • Commercial Offices • Retail & Logistics • Banking & Financial Institutes • Government & Transportation • Educational Institutes • Regions: o West Region o North Region o South Region o East Region Source Link: http://www.6wresearch.com/ For Further details, please contact: Email Us: sales@6wresearch.com Call Now: +91-11-430-24- End
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