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Europe Elevator Equipment & Service Market 2020-2027 by Offering (Equipment, Service), Product Type (Elevators, Escalators, Moving Walkways), Technology (Hydraulic, Traction

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Aug 2021 - 111 Pages - From $2,700
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Europe elevator equipment & service market was valued at $29.7 billion in 2020 and will grow by 3.8% annually over 2020-2027 owing to the rising urbanization, upswing in digitalization, increasing geriatric population, growing construction and maintenance/upgrade activities.
Highlighted with 37 tables and 56 figures, this 111-page report “Europe Elevator Equipment & Service Market 2020-2027 by Offering (Equipment, Service), Product Type (Elevators, Escalators, Moving Walkways), Technology (Hydraulic, Traction, Climbing, Pneumatic), End Use (Residential, Commercial, Industrial), and Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Europe elevator equipment & service 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 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 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 Europe 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 Europe elevator equipment & service market in every aspect of the classification from perspectives of Offering, Product Type, Technology, End Use, and Country.

Based on Offering, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Elevator Equipment
o Passenger & Freight Elevators
o Escalators & Moving Walkways
o Parts & Accessories
• Elevator Service
o Installation Service
o Maintenance & Repair Service
o Modernization & Upgrade Service

Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Elevators
• Escalators
• Moving Walkways

Based on Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Hydraulic Elevators
o Conventional Hydraulic Elevators
o Hole-less Hydraulic Elevators
o Roped Hydraulic Elevators
• Traction Elevators
o Geared Traction Elevators
o Gear-less Traction Elevators
o Machine Room-Less Elevators
• Climbing Elevators
• Pneumatic/Vacuum Elevators

Based on End Use, the Europe market is segmented into the following sub-markets with annual revenue ($ bn) for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
• Other End Uses

Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ bn) are available for 2017-2027. The breakdown of key national markets by Offering, Product Type, and End Use over the forecast years is also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Fujitec Corporation Limited
Hitachi, Ltd.
Hyundai Elevator Co., Ltd.
Kleemann Hellas S.A.
Kone Corporation
Mitsubishi Electric Corporation
Otis Worldwide Corporation
Schindler Group
Sigma Elevator Company Limited
ThyssenKrupp AG
Toshiba Elevator and Building Systems Corporation
(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 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 30
2.4 Emerging Opportunities and Market Trends 33
2.5 Porter’s Fiver Forces Analysis 37
3 Segmentation of Europe Market by Offering 41
3.1 Market Overview by Offering 41
3.2 Elevator Equipment 43
3.2.1 Passenger & Freight Elevators 44
3.2.2 Escalators & Moving Walkways 45
3.2.3 Parts & Accessories 46
3.3 Elevator Service 47
3.3.1 Installation Service 48
3.3.2 Maintenance & Repair Service 49
3.3.3 Modernization & Upgrade Service 50
4 Segmentation of Europe Market by Product Type 51
4.1 Market Overview by Product Type 51
4.2 Elevators 53
4.3 Escalators 54
4.4 Moving Walkways 55
5 Segmentation of Europe Market by Technology 57
5.1 Market Overview by Technology 57
5.2 Hydraulic Elevators 59
5.2.1 Conventional Hydraulic Elevators 61
5.2.2 Hole-less Hydraulic Elevators 62
5.2.3 Roped Hydraulic Elevators 63
5.3 Traction Elevators 64
5.3.1 Geared Traction Elevators 66
5.3.2 Gear-less Traction Elevators 67
5.3.3 Machine Room-Less Elevators 68
5.4 Climbing Elevators 69
5.5 Pneumatic/Vacuum Elevators 70
6 Segmentation of Europe Market by End Use 71
6.1 Market Overview by End Use 71
6.2 Residential Use 73
6.3 Commercial Use 74
6.4 Industrial Use 75
6.5 Other End Uses 76
7 European Market 2020-2027 by Country 77
7.1 Overview of European Market 77
7.2 UK 80
7.3 France 82
7.4 Germany 84
7.5 Spain 86
7.6 Italy 88
7.7 Russia 90
7.8 Rest of European Market 92
8 Competitive Landscape 94
8.1 Overview of Key Vendors 94
8.2 New Product Launch, Partnership, Investment, and M&A 98
8.3 Company Profiles 99
Fujitec Corporation Limited 99
Hitachi, Ltd. 101
Hyundai Elevator Co., Ltd. 102
Kleemann Hellas S.A. 103
Kone Corporation 104
Mitsubishi Electric Corporation 105
Otis Worldwide Corporation 106
Schindler Group 107
Sigma Elevator Company Limited 108
ThyssenKrupp AG 109
Toshiba Elevator and Building Systems Corporation 110
RELATED REPORTS 111

List of Tables:

Table 1. Snapshot of Europe Elevator Equipment & Service Market in Balanced Perspective, 2020-2027 17
Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. World Construction Industry Output, 2017-2030, $ trillion 26
Table 4. Main Product Trends and Market Opportunities in Europe Elevator Equipment & Service Market 33
Table 5. Europe Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 41
Table 6. Europe Elevator Equipment & Service Market: Elevator Equipment by Type, 2017-2027, $ bn 43
Table 7. Europe Elevator Equipment & Service Market: Elevator Service by Type, 2017-2027, $ bn 47
Table 8. Europe Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 51
Table 9. Europe Elevator Equipment & Service Market by Technology, 2017-2027, $ bn 57
Table 10. Europe Elevator Equipment & Service Market: Hydraulic Elevators by Type, 2017-2027, $ bn 60
Table 11. Europe Elevator Equipment & Service Market: Traction Elevators by Type, 2017-2027, $ bn 65
Table 12. Europe Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 71
Table 13. Europe Elevator Equipment & Service Market by Country, 2017-2027, $ bn 79
Table 14. UK Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 81
Table 15. UK Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 81
Table 16. UK Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 81
Table 17. France Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 83
Table 18. France Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 83
Table 19. France Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 83
Table 20. Germany Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 85
Table 21. Germany Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 85
Table 22. Germany Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 85
Table 23. Spain Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 87
Table 24. Spain Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 87
Table 25. Spain Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 87
Table 26. Italy Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 89
Table 27. Italy Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 89
Table 28. Italy Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 89
Table 29. Russia Elevator Equipment & Service Market by Offering, 2017-2027, $ bn 91
Table 30. Russia Elevator Equipment & Service Market by Product Type, 2017-2027, $ bn 91
Table 31. Russia Elevator Equipment & Service Market by End Use, 2017-2027, $ bn 91
Table 32. Elevator Equipment & Service Market in Rest of Europe by Country, 2017-2027, $ bn 93
Table 33. Breakdown of World Elevator Equipment & Service Market by Key Vendor, 2020, % 96
Table 34. Fujitec Corporation Limited: Company Snapshot 99
Table 35. Fujitec Corporation Limited: Business Segmentation 99
Table 36. Fujitec Corporation Limited: Product Portfolio 100
Table 37. Fujitec Corporation Limited: Revenue, 2017-2019, $ bn 100

 

 

List of Figures:

Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027 16
Figure 4. Europe Elevator Equipment & Service Market, 2017-2027, $ bn 19
Figure 5. Impact of COVID-19 on Business 22
Figure 6. Primary Drivers and Impact Factors of Europe Elevator Equipment & Service Market 24
Figure 7. GDP per capita in the World, 1960-2018, $ thousand 27
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 27
Figure 9. Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 29
Figure 10. World Population 65 and Over, % of Total Population, 1950-2060 29
Figure 11. Primary Restraints and Impact Factors of Europe Elevator Equipment & Service Market 30
Figure 12. Investment Opportunity Analysis 34
Figure 13. Porter’s Fiver Forces Analysis of Europe Elevator Equipment & Service Market 37
Figure 14. Breakdown of Europe Elevator Equipment & Service Market by Offering, 2020-2027, % of Revenue 41
Figure 15. Contribution to Europe 2021-2027 Cumulative Revenue by Offering, Value ($ bn) and Share (%) 42
Figure 16. Europe Elevator Equipment & Service Market: Elevator Equipment, 2017-2027, $ bn 43
Figure 17. Europe Elevator Equipment & Service Market: Passenger & Freight Elevators, 2017-2027, $ bn 44
Figure 18. Europe Elevator Equipment & Service Market: Escalators & Moving Walkways, 2017-2027, $ bn 45
Figure 19. Europe Elevator Equipment & Service Market: Parts & Accessories, 2017-2027, $ bn 46
Figure 20. Europe Elevator Equipment & Service Market: Elevator Service, 2017-2027, $ bn 47
Figure 21. Europe Elevator Equipment & Service Market: Installation Service, 2017-2027, $ bn 48
Figure 22. Europe Elevator Equipment & Service Market: Maintenance & Repair Service, 2017-2027, $ bn 49
Figure 23. Europe Elevator Equipment & Service Market: Modernization & Upgrade Service, 2017-2027, $ bn 50
Figure 24. Breakdown of Europe Elevator Equipment & Service Market by Product Type, 2020-2027, % of Revenue 51
Figure 25. Contribution to Europe 2021-2027 Cumulative Revenue by Product Type, Value ($ bn) and Share (%) 52
Figure 26. Europe Elevator Equipment & Service Market: Elevators, 2017-2027, $ bn 53
Figure 27. Europe Elevator Equipment & Service Market: Escalators, 2017-2027, $ bn 54
Figure 28. Europe Elevator Equipment & Service Market: Moving Walkways, 2017-2027, $ bn 55
Figure 29. Breakdown of Europe Elevator Equipment & Service Market by Technology, 2020-2027, % of Revenue 57
Figure 30. Contribution to Europe 2021-2027 Cumulative Revenue by Technology, Value ($ bn) and Share (%) 58
Figure 31. Europe Elevator Equipment & Service Market: Hydraulic Elevators, 2017-2027, $ bn 59
Figure 32. Europe Elevator Equipment & Service Market: Conventional Hydraulic Elevators, 2017-2027, $ bn 61
Figure 33. Europe Elevator Equipment & Service Market: Hole-less Hydraulic Elevators, 2017-2027, $ bn 62
Figure 34. Europe Elevator Equipment & Service Market: Roped Hydraulic Elevators, 2017-2027, $ bn 63
Figure 35. Europe Elevator Equipment & Service Market: Traction Elevators, 2017-2027, $ bn 64
Figure 36. Europe Elevator Equipment & Service Market: Geared Traction Elevators, 2017-2027, $ bn 66
Figure 37. Europe Elevator Equipment & Service Market: Gear-less Traction Elevators, 2017-2027, $ bn 67
Figure 38. Europe Elevator Equipment & Service Market: Machine Room-Less Elevators, 2017-2027, $ bn 68
Figure 39. Europe Elevator Equipment & Service Market: Climbing Elevators, 2017-2027, $ bn 69
Figure 40. Europe Elevator Equipment & Service Market: Pneumatic/Vacuum Elevators, 2017-2027, $ bn 70
Figure 41. Breakdown of Europe Elevator Equipment & Service Market by End Use, 2020-2027, % of Revenue 71
Figure 42. Contribution to Europe 2021-2027 Cumulative Revenue by End Use, Value ($ bn) and Share (%) 72
Figure 43. Europe Elevator Equipment & Service Market: Residential Use, 2017-2027, $ bn 73
Figure 44. Europe Elevator Equipment & Service Market: Commercial Use, 2017-2027, $ bn 74
Figure 45. Europe Elevator Equipment & Service Market: Industrial Use, 2017-2027, $ bn 75
Figure 46. Europe Elevator Equipment & Service Market: Other End Uses, 2017-2027, $ bn 76
Figure 47. Breakdown of European Elevator Equipment & Service Market by Country, 2020 and 2027, % of Revenue 78
Figure 48. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%) 79
Figure 49. Elevator Equipment & Service Market in UK, 2017-2027, $ bn 80
Figure 50. Elevator Equipment & Service Market in France, 2017-2027, $ bn 82
Figure 51. Elevator Equipment & Service Market in Germany, 2017-2027, $ bn 84
Figure 52. Elevator Equipment & Service Market in Spain, 2017-2027, $ bn 86
Figure 53. Elevator Equipment & Service Market in Italy, 2017-2027, $ bn 88
Figure 54. Elevator Equipment & Service Market in Russia, 2017-2027, $ bn 90
Figure 55. Elevator Equipment & Service Market in Rest of Europe, 2017-2027, $ bn 92
Figure 56. Growth Stage of Europe Elevator Equipment & Service Industry over the Forecast Period 94

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