DUBLIN, September 5, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "South-East Asia Elevator & Escalator Market (2016-2022): Market Forecast by Segments, Services, Verticals, Countries and Competitive Landscape" report to their offering.
South East Asia's elevator & escalator market is expected to grow at a CAGR of 3% during 2016-22.
During the last five years, elevator and escalator market registered significant growth in terms of new installations across various South-East Asian countries. Surging construction market, growing government spending, infrastructural development and increasing FDIs in retail and construction sectors have led for the growth of the market.
In South East Asia's elevator & escalator market, the elevator segment accounted for majority of the market revenue owing to high installation of elevators in retail and residential verticals. However, escalator segment is projected to grow at a higher CAGR during 2016-2022, primarily due to growing airports, metros and railway development projects in South East Asia region. Amongst all verticals, commercial vertical acquired highest revenue share of the market pie in the region. Over the next six years, residential vertical is forecast to grow at relatively higher CAGR during 2016 to 2022.
In South East region, Malaysia held major market for elevator & escalator in terms of revenue, owing to increasing infrastructure development activities, especially in commercial and residential verticals. However, over the next six years, Vietnam elevator and escalator market is expected to witness higher growth in the South East Asia region.
Key Topics Covered:
1 Executive Summary
2 Introduction
3 Global Elevator & Escalator Market Overview
4 South East Asia Elevator & Escalator Market Overview
5 South East Asia Elevator & Escalator Market Dynamics
6 South East Asia Elevator & Escalator Market Trends
7 South East Asia Elevator Market Overview
8 South East Asia Escalator Market Overview
9 Malaysia Elevator and Escalator Market Overview
10 Indonesia Elevator and Escalator Market Overview
11 Thailand Elevator and Escalator Market Overview
12 Vietnam Elevator and Escalator Market Overview
13 Philippines Elevator and Escalator Market Overview
14 Other Countries Elevator and Escalator Market Overview
15 South East Asia Elevator & Escalator Market Competitive Landscape
16 Company Profiles
- Fujitec Co. Ltd
- Hitachi. Ltd
- Hyundai Elevator Co. Ltd
- KONE Corporation
- Mitsubishi Electric Corporation
- Otis Elevator Co
- Schindler
- ThyssenKrupp AG
- Toshiba Elevator and Building Systems Corporation
For more information about this report visit http://www.researchandmarkets.com/research/43qv4b/southeast_asia
Also Available
- Global and China Elevator Industry Report, 2016-2020
- Assessment of the Middle East, Africa & India Elevator Market 2016
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Research and Markets
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