Elevator and Escalator Market in Australia 2018-2022

Elevator and Escalator Market in Australia 2018-2022

  • August 2018 •
  • 102 pages •
  • Report ID: 3250917 •
  • Format: PDF
About Elevator and Escalator Market in Australia

An elevator is a mode of transport that allows the vertical movement of people and goods. An escalator offers both vertical and horizontal mode of transport in the form of moving staircase and moving walks. This market includes various elevators and escalators installed in the Australian region along with their maintenance and modernization.
Technavio’s analysts forecast the elevator and escalator market in Australia to grow at a CAGR of 4.00% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the elevator and escalator market in Australia for 2018-2022. To calculate the market size, the report considers the revenue generated by vendors operating in the market and the overall revenue of the parent market.
Technavio’s report, Elevator and Escalator Market in Australia 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
•KONE
•Schindler
•Shotton Group
•thyssenkrupp
•United Technologies (Otis Elevator)

Market driver
•Growing demand for eco-friendly elevators and escalators
•For a full, detailed list, view our report

Market challenge
•Lack of consumer awareness
•For a full, detailed list, view our report

Market trend
•Increasing adoption of predictive maintenance
•For a full, detailed list, view our report

Key questions answered in this report
•What will the market size be in 2022 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?

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