Singapore Elevator and Escalator Market Analysis & Forecasts 2017-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Singapore Elevator and Escalator Market (2017-2023): Market Forecast by Types, by Services, by Verticals and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The Singapore Elevator and Escalator Market is projected to grow at a CAGR of over 4.2% during 2017-2023.

The growth of elevator and escalator industry substantially depends upon the construction outlook of the country. Though, Singapore elevator and escalator market recorded sluggish growth over the past few years, owing to declining construction sector, especially in the residential segment. However, it is anticipated to gain significant momentum post 2018. This growth would be majorly attributed to the recovery of construction sector along with continuously rising demand for maintenance services by huge installed base of elevators and escalators in the country.

The elevator segment bagged highest revenue share in 2016, attributed to its prominence across offices, retail formats, transportation, and residential verticals. Moreover, escalator market is anticipated to exhibit higher growth during the forecast period, attributed to surging installation of escalators across shopping malls and transit systems including bus, railways, ships, & airports. Further, introduction of moving walkways through which commuters can easily carry their luggage has accelerated the adoption of escalators in the country.

Among different end user verticals, the commercial segment including corporate offices, malls, transport systems, hotels, hospitals, and others, contributed highest revenue share towards the overall elevator and escalator market in the country. The segment is anticipated to continue its dominance during the forecast period as well owing to continuous installation of escalators across the commercial buildings.

Companies Mentioned

  • Hitachi. Ltd
  • Hyundai Elevator Co. Ltd
  • KONE Corporation
  • Mitsubishi Electric Corporation
  • Otis Elevator Co
  • Schindler
  • ThyssenKrupp AG

Key Topics Covered:

1 Executive Summary

2 Introduction

3 South and Southeast Asia Elevator & Escalator Market Overview

4 Singapore Elevator & Escalator Market Overview

5 Singapore Elevator & Escalator Market Dynamics

6 Singapore Elevator & Escalator Market Trends

7 Singapore Elevator Market Overview

8 Singapore Escalator Market Overview

9 Singapore Elevator & Escalator Services Market Overview

10 Singapore Elevator & Escalator Vertical Market Overview

11 Singapore Market Current and Upcoming Infrastructure Development Projects

12 Competitive Landscape

13 Company Profiles

14 Key Strategic Pointers

15 Disclaimer

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Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Elevators and Escalators

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Elevators and Escalators