Dublin, Jan. 25, 2016 (GLOBE NEWSWIRE) -- Research and Markets ( http://www.researchandmarkets.com/research/s897wj/strategic ) has announced the addition of the "Strategic Assessment of Emerging Technologies in Elevator and Escalator Market 2015-2019" report to their offering. The global elevators and escalators market to grow at a CAGR of 12.23% in terms of newly installed units over the period 2014-2019.
Elevators and escalators are positioned in buildings for the efficient movement of people and goods within these buildings' premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management. The report focuses on the emerged and upcoming technologies in the global elevator and escalator market globally. It gives a description of the overview and working of these technologies. There is a brief description of the global elevator and escalator market scenario. The market size of the global elevator and escalator market is calculated on the basis of the new units installed across the globe. The report also presents the vendor landscape and a corresponding detailed analysis of the key vendors in the market.
The growth of the global elevator market is attributed to the growth of high-rise construction across the globe. Countries across the globe are witnessing higher rates of urbanization, which leads to problems such as congestion in cities. According to the report, the major driver of the high-speed elevator technology is focus on elevator time management. Further, the report states that with the high speed of the elevators, the manufacturers need to focus on the comfort of the riders. In order to achieve improved comfort levels in these elevators, manufacturers need to spend additional money on the installation of guide rails to reduce the vibrations caused due to the high speeds.
Key vendors
- Hitachi
- KONE
- Mitsubishi
- Otis
- Schindler
- ThyssenKrupp
Key Topics Covered: Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Industry overview Part 05: Evolution of elevators Part 06: Global elevators market Part 07: Emerged technologies in elevators Part 08: Upcoming technologies in elevators Part 09: Global escalator market Part 10: Emerged technologies in escalators Part 11: Upcoming technologies Part 12: Vendor landscape Part 13: Key vendor analysis Part 14: Appendix For more information visit http://www.researchandmarkets.com/research/s897wj/strategic
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