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Asia Pacific Elevator Modernization Market 2020-2026 by Modernization Type (Partial, Full), Elevator Type (Hydraulic, Traction), Component, Application

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June 2020 - 109 Pages - From $2,480
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Asia Pacific elevator modernization market will grow by 6.0% annually with a total addressable market cap of $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.)

 

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 Tables:

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, $ mn 35
Table 4. Asia Pacific Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 39
Table 5. Asia Pacific Elevator Modernization Market: Hydraulic Elevators by Elevator Type, 2015-2026, $ mn 41
Table 6. Asia Pacific Elevator Modernization Market: Traction Elevators by Elevator Type, 2015-2026, $ mn 45
Table 7. Asia Pacific Elevator Modernization Market by Component, 2015-2026, $ mn 52
Table 8. Asia Pacific Elevator Modernization Market: Controllers by Type, 2015-2026, $ mn 56
Table 9. Asia Pacific Elevator Modernization Market by Application, 2015-2026, $ mn 60
Table 10. APAC Elevator Modernization Market by Country, 2015-2026, $ mn 66
Table 11. China Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 69
Table 12. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 69
Table 13. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 69
Table 14. Japan Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 72
Table 15. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 72
Table 16. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 72
Table 17. India Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 74
Table 18. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 74
Table 19. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 74
Table 20. Australia Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 76
Table 21. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 76
Table 22. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 76
Table 23. South Korea Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 78
Table 24. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 78
Table 25. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 78
Table 26. Elevator Modernization Market in Rest of APAC by Country, 2015-2026, $ 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, $ 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

 

 

List of Figures:

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, $ 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 ($ mn) and Share (%) 36
Figure 12. Asia Pacific Elevator Modernization Market: Full Modernization, 2015-2026, $ mn 37
Figure 13. Asia Pacific Elevator Modernization Market: Partial Modernization, 2015-2026, $ 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 ($ mn) and Share (%) 40
Figure 16. Asia Pacific Elevator Modernization Market: Hydraulic Elevators, 2015-2026, $ mn 41
Figure 17. Asia Pacific Elevator Modernization Market: Conventional Hydraulic Elevators, 2015-2026, $ mn 42
Figure 18. Asia Pacific Elevator Modernization Market: Hole-less Hydraulic Elevators, 2015-2026, $ mn 43
Figure 19. Asia Pacific Elevator Modernization Market: Roped Hydraulic Elevators, 2015-2026, $ mn 44
Figure 20. Asia Pacific Elevator Modernization Market: Traction Elevators, 2015-2026, $ mn 45
Figure 21. Asia Pacific Elevator Modernization Market: Geared Traction Elevators, 2015-2026, $ mn 47
Figure 22. Asia Pacific Elevator Modernization Market: Gear-less Traction Elevators, 2015-2026, $ mn 48
Figure 23. Asia Pacific Elevator Modernization Market: Machine Room-Less Elevators, 2015-2026, $ mn 49
Figure 24. Asia Pacific Elevator Modernization Market: Climbing Elevators, 2015-2026, $ mn 50
Figure 25. Asia Pacific Elevator Modernization Market: Pneumatic/Vacuum Elevators, 2015-2026, $ 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 ($ mn) and Share (%) 53
Figure 28. Asia Pacific Elevator Modernization Market: Power Units, 2015-2026, $ mn 54
Figure 29. Asia Pacific Elevator Modernization Market: Cabin Enclosures, 2015-2026, $ mn 55
Figure 30. Asia Pacific Elevator Modernization Market: Controllers, 2015-2026, $ mn 56
Figure 31. Asia Pacific Elevator Modernization Market: Signaling Fixtures, 2015-2026, $ mn 57
Figure 32. Asia Pacific Elevator Modernization Market: Door Equipment, 2015-2026, $ mn 58
Figure 33. Asia Pacific Elevator Modernization Market: Other Components, 2015-2026, $ 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 ($ mn) and Share (%) 61
Figure 36. Asia Pacific Elevator Modernization Market: Industrial Application, 2015-2026, $ mn 62
Figure 37. Asia Pacific Elevator Modernization Market: Residential Application, 2015-2026, $ mn 63
Figure 38. Asia Pacific Elevator Modernization Market: Commercial Application, 2015-2026, $ 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 ($ mn) and Share (%) 67
Figure 41. Elevator Modernization Market in China, 2015-2026, $ mn 68
Figure 42. Elevator Modernization Market in Japan, 2015-2026, $ mn 71
Figure 43. Elevator Modernization Market in India, 2015-2026, $ mn 73
Figure 44. Elevator Modernization Market in Australia, 2015-2026, $ mn 75
Figure 45. Elevator Modernization Market in South Korea, 2015-2026, $ mn 77
Figure 46. Elevator Modernization Market in Rest of APAC, 2015-2026, $ mn 79
Figure 47. Growth Stage of Asia Pacific Elevator Modernization Industry over the Forecast Period 81

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