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Global Residential Elevators Market Growth 2019-2024
SKU ID : LPI-13842766 | Publishing Date : 08-Feb-2019 | No. of pages : 167
Residential elevators are a type of elevators installed in residential. Residential Elevators include platform lifts, Cabin lifts and wheelchair lifts.
As the arrival of population aging, residential elevators are more and more popular. Residential elevator is very helpful for the access solution of the disabled. It looks promising that the global revenue market of residential elevators is about 15.86 billion USD in 2023.
Europe is the largest and the most mature market, as there are many famous elevator manufacturers engaged in the home lift and platform lift market. Some manufacturer also export residential elevators to other countries like China thorough these cooperative partners such as design and installation companies.
China is the fast growing market as the fast development of its real estate industry in the last several years. Though the growth speed is slowing since 2016, the residential elevator market is still enjoying a fast growth rate as the desire for better experience.
According to this study, over the next five years the Residential Elevators market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 17500 million by 2024, from US$ 13900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Elevators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Elevators market by product type, application, key manufacturers and key regions and countries.
This study considers the Residential Elevators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Platform Lifts
Cabin Lifts
Other Lifts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Private Home
Public Space
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ThyssenKrupp
Otis
Mitsubishi
Hitachi
Cibes
Aritco
Stannah
Fujitec
RAM Manufacturing
Orona
Kone
Inclinator
Yungtay Engineering
Terry Lifts
Barduva
Yuncheng
Kleeman
Dongnan
Sigma
Canny Elevator
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Residential Elevators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Residential Elevators market by identifying its various subsegments.
Focuses on the key global Residential Elevators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Residential Elevators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Residential Elevators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
As the arrival of population aging, residential elevators are more and more popular. Residential elevator is very helpful for the access solution of the disabled. It looks promising that the global revenue market of residential elevators is about 15.86 billion USD in 2023.
Europe is the largest and the most mature market, as there are many famous elevator manufacturers engaged in the home lift and platform lift market. Some manufacturer also export residential elevators to other countries like China thorough these cooperative partners such as design and installation companies.
China is the fast growing market as the fast development of its real estate industry in the last several years. Though the growth speed is slowing since 2016, the residential elevator market is still enjoying a fast growth rate as the desire for better experience.
According to this study, over the next five years the Residential Elevators market will register a 3.9% CAGR in terms of revenue, the global market size will reach US$ 17500 million by 2024, from US$ 13900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Residential Elevators business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Elevators market by product type, application, key manufacturers and key regions and countries.
This study considers the Residential Elevators value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Platform Lifts
Cabin Lifts
Other Lifts
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Private Home
Public Space
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
ThyssenKrupp
Otis
Mitsubishi
Hitachi
Cibes
Aritco
Stannah
Fujitec
RAM Manufacturing
Orona
Kone
Inclinator
Yungtay Engineering
Terry Lifts
Barduva
Yuncheng
Kleeman
Dongnan
Sigma
Canny Elevator
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Residential Elevators consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Residential Elevators market by identifying its various subsegments.
Focuses on the key global Residential Elevators manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Residential Elevators with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Residential Elevators submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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