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Elevator and Escalator Market in Australia 2017-2021

LONDON, March 29, 2017 /PRNewswire/ -- About Elevator and Escalator

The elevator and escalator market in Australia can be broadly classified into elevators and escalators. The elevator and escalator market in Australia has been growing at a moderate rate. The elevators are the most commonly used form of vertical transportation devices. Faster speeds and lesser space requirement than a conventional escalator is the primary reason for the high popularity of elevators. A single elevator can cater to multiple floors. However, they have limited capacity compared with an escalator.

Technavio's analysts forecast the elevator and escalator market in Australia to grow at a CAGR of 3.78% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the elevator and escalator market in Australia for 2017-2021. To calculate the market size, the report considers the revenue generated from various sources like installing new units, maintenance of existing units and modernizing existing units in the country during the forecast period.

Technavio's report, Elevator and Escalator Market in Australia 2017-2021, 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
- Otis Elevator
- KONE, Schindler
- ThyssenKrupp Elevator Australia
- Shotton Lifts

Other prominent vendors
- Access Elevators
- Brilliant Lifts Australia
- Compact Home Lifts
- Eastern Elevators
- Easy Living Home Elevators
- Electra Lift
- Elevator Services Group
- E-lift
- Forte Lift Services
- Grant Elevators
- International Lift Consultants
- KLEEMANN Elevators Australia
- Lift Shop
- Liftronic
- LML Lift Consultants
- Mobility Elevator & Lift Company
- Octagon Lifts
- Pitfield & Associates
- Platform Lift Company
- Platinum Elevators
- Sito Elevators
- Southern Lifts
- alto lift company
- Thompson Elevator Consultancy Services
- West Coast Elevators

Market driver
- Chinese resurgence in commercial and residential real estate.
- For a full, detailed list, view our report

Market challenge
- Increasing cost of compliance with regulations.
- For a full, detailed list, view our report

Market trend
- Increasing adoption of energy-efficient elevators and escalators.
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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