The US Elevators and Escalators Market Size, Shares, Survey, Analysis, Growth and Forecast 2015-2019

Albany, NY, Nov 08: The elevator and escalator market in the US to grow at a CAGR of 0.71%, in terms of new installed units, over the period 2014-2019. Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. They are installed in commercial, residential, and mixed-used buildings. They are also installed in public places to improve vehicle parking management.

In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in the US for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the country during the forecast period. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in the US. It also outlines the challenges faced by the vendors and the market at large, and highlights the key trends in the market.

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Key customer segments
- Commercial customers
- Non-commercial customers

Key vendors
- KONE US
- Mitsubishi Electric US
- Otis Elevator
- Schindler US
- ThyssenKrupp Elevator Americas

Other prominent vendors
- American Crescent Elevator
- Excel Elevator and Escalator
- Fujitec America
- GEDA

Market driver
- Development in residential and commercial segments
- For a full, detailed list, view our report

Market challenge
- Expensive raw materials
- For a full, detailed list, view our report

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Key questions answered in this report:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.