SHLRF News Alert Schindler Holding (SHLRF) 147.3000 02/15/2015
Post# of 64074
Global Smart Elevators Market 2013 - 2020: ThyssenKrupp, Fujitec, Schindler, Fujitec, Honeywell International, Otis, Bosch, Hitachi Ltd., Mitsubishi & Hyundai Dominate the $23 Billion Market
M2 - Wed Dec 03, 8:37AM CST
Research and Markets (http://www.researchandmarkets.com/research/2kxxqv/global_smart) has announced the addition of the "Global Smart Elevators Market (Solutions, Application and Geography) - Size, Share, Global Trends, Company Profiles, Analysis, Segmentation and Forecast, 2013 - 2020" report to their offering. The global smart elevator market would reach $23.16 billion by 2020, registering a CAGR of 13.8% during 2014 - 2020 The market, driven by modernization of existing elevator systems, would experience a radical shift by 2020. With large number of new deployment anticipated in developing Asian counties, new deployments of the smart elevators would take over the modernization revenue by 2020. China alone accounts for about 53% of the upcoming high-rise projects across the world. Globally, the growing number of high-rise buildings has escalated the demand for quick, comfortable, efficient, and secure vertical transportation system. Moreover, global green infrastructure standards and statutory requirements are instrumental in compelling deployment of smart elevators in new structures as well as current infrastructure. According to WHO data there is a tremendous change in number of people residing in cities. In 2014, the urban population accounted for 54% of the total world population as compared to 34% in 1960. The estimates suggest that the shift would exemplify during 2015 - 2020 and cities across the world would see 1.8% growth in population every year. Limitation of geographical expansion of cities would result in vertical growth and more number of high-rise projects shall be commissioned, eventually triggering the demand for time, space and energy saving smart elevators. Key findings of the study: - Global market for smart elevators applications is gaining momentum with residential and industrial usages to provide major growth during the forecast period (2014 - 2020) - Industrial applications will grow at a CAGR of 16.6% during the forecast period, fastest among all applications - Maintenance of smart elevators would unveil another area for monetization, which will pick up after year 2015, with highest CAGR of 49.4% - Asia-Pacific would be the lucrative market, both in terms of size and growth. It would reach $5.1 billion by 2020, with fastest CAGR of 19.8% - The elevators in upcoming high-rises would be smart elevators to greater extent, which would pose new deployment market as largest revenue contributor by 2020. Key Topics Covered: Chapter 1 Introduction Chapter 2 Executive Summary Chapter 3 Market Overview Chapter 4 Global Smart Elevator Market By Solution Chapter 5 Global Smart Elevators Market By Application Chapter 6 Global Smart Elevator Market By Geography Chapter 7 Company Profiles - Bosch Security Systems - Fujitec - Hitachi Ltd. - Honeywell International Inc. - Hyundai Elevator Co. Ltd. - KONE Elevators Co. Ltd. - Mitsubishi Electric Corporation - Otis Elevator Corporation - Schindler Holding AG - ThyssenKrupp For more information visit http://www.researchandmarkets.com/research/2k...obal_smart
HON: 104.38 (+0.88)
Research and Markets: Global Elevators and Escalators Market 2014-2018: Key Vendors are Kone, Otis Elevator, Schindler Holding & ThyssenKrupp Elevator
Business Wire - Tue Nov 18, 12:27PM CST
Research and Markets (http://www.researchandmarkets.com/research/rbx4kj/global_elevators) has announced the addition of the "Global Elevators and Escalators Market 2014-2018" report to their offering.
Global Elevators and Escalators Market 2014-2018: Key Vendors are Kone, Otis Elevator, Schindler Holding & ThyssenKrupp Elevator
M2 - Tue Nov 18, 10:49AM CST
Research and Markets (http://www.researchandmarkets.com/research/tm4bvd/global_elevators) has announced the addition of the "Global Elevators and Escalators Market 2014-2018" report to their offering. The Global Elevators and Escalators market to grow at a CAGR of 5.82% over the period 2013-2018 Elevators are a type of transportation used in buildings, which facilitate the vertical movement of people and goods within the building's premises. Escalators are moving staircases and are mainly used in carrying people between different floors of a building. Elevators and escalators are used in various places such as airports, office buildings, malls, residential complexes, schools, and railway stations. The demand for energy-efficient elevators and escalators is one of the emerging trends in the market. With focus on the environment, there is an increased need for eco-friendly and energy-efficient escalators and elevators. Most of the major vendors are focusing their efforts on manufacturing environmentally sustainable elevators and escalators. According to the report, one of the major drivers of the Global Elevators and Escalators market is the growth in the Real Estate industry. In high-rise and mid-rise buildings, it is essential to have elevators and escalators. The construction of shopping malls, airports, metro stations, and hospitals requires the use of escalators. Further, the report states that the need for increased capital cost is one of the major challenges in the Global Elevators and Escalators market. To the high cost of elevators and escalators, the costs associated with installation are very high. This acts as a barrier to the adoption of elevators and escalators. Key Vendors - Kone - Otis Elevator - Schindler Holding - ThyssenKrupp Elevator Other Prominent Vendors - Canny Elevators - Fujitec - Hitachi - Hyundai - Kleemann Group - Mitsubishi - Sigma - Toshiba Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Market Segmentation by Product - Market Segmentation by Revenue - Global Elevators and Escalators Market Segmentation by Applications - Geographical Segmentation - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/tm..._elevators
Elevator and Escalator Market in the GCC 2014-2018 with Fujitec, KONE, Mitsubishi Electric, Otis Elevator & Schindler Dominating
M2 - Mon Jun 23, 8:21AM CDT
Research and Markets (http://www.researchandmarkets.com/research/g6lm97/elevator_and) has announced the addition of the "Elevator and Escalator Market in the GCC 2014-2018" report to their offering. The Elevator and Escalator market in GCC is driven by many growth factors, one of which is the increasing construction of skyscrapers. This has driven the growth of the market in GCC as the sale of elevators and escalators is highly correlated with the construction of high buildings. The rising demand for commercial and residential buildings is fueling the growth of the market. The Elevator and Escalator market in GCC is witnessing the emergence of green elevators and escalators in the region. As a result of the growing demand for energy-efficient elevators and escalators in the GCC, vendors are spending more on their R&D activities to develop new-generation products. For instance, Schindler 3300 elevators by Schindler claim to be 60 percent more energy-efficient than traditional hydraulic elevators. Mitsubishi's R&D activities are focused on manufacturing Mitsubishi elevators and escalators Number One Green in the industry. Otis claims its Gen2 MRL elevators reduce energy consumption by 50 per cent of that of traditional units. Moreover, elevators are being incorporated with corridor illumination controls that help in reducing energy consumption in buildings. Further, vendors are designing elevators that shut down their inside lighting until a passenger call arises. Vendors are also incorporating regenerative drives into elevators for increased energy saving. Thus, the market is expected to witness increasing demand for green elevators during the forecast period. Further, the report states that the high cost of elevators and escalators is one of the key challenges. The price of elevators and escalators has increased because of technological advancements. Moreover, although the newer models consumer less electricity, they are too costly. Key Vendors - Fujitec Co. Ltd. - KONE Corp. - Mitsubishi Electric Corp. - Otis Elevator Co. - Schindler Holding AG Other Prominent Vendors - Gulf Elevators and Escalators Co. Ltd. - Hitachi Ltd. - Hyundai Elevator Co. Ltd. - SIGMA Elevator Co. - ThyssenKrupp AG - Toshiba Elevator and Building Systems Corp. For more information visit http://www.researchandmarkets.com/research/g6...evator_and
Otis and Schindler Announce Settlement and License Agreement
PR Newswire - Wed Jun 18, 12:08AM CDT
Otis Elevator Company, Schindler Holding AG and their affiliate companies are pleased to announce the settlement of lawsuits related to Otis' patents on elevator belts and belted elevator systems. The agreement resolves the global litigation between the parties, including patent disputes in the United States, Europe and China. Under the agreement, Schindler will provide Otis appropriate consideration for a license to a suite of Otis patents for belt drive elevator systems.