Lewes, DE -- (SBWIRE) -- 10/19/2015 -- Report forecast the elevator and escalator market in India to grow at a CAGR of 15.12%, in terms of newly installed units, over the period 2014-2019.

Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. They are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management.

In this report, Technavio covers the present scenario and growth prospects of the elevator and escalator market in India for the period 2015-2019. To calculate the market size, the report considers the number of new elevator and escalator units installed in the country. Also, the report presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors.

In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in India and the challenges faced by the vendors and the market at large, as well as the key trends in the market.

According to the report, the construction market in India is witnessing a growing demand for elevators and excavators due to a number of new airports, rapid transit systems, and railway station revamping projects that are scheduled to be completed during the forecast period.

Key customer segments
- Commercial customers
- Non-commercial customers

Key players in the Elevators and Escalators Market in India: Johnson Lifts, Kone India, Mitsubishi Elevator India, Otis India, Schindler Elevators India, and ThyssenKrupp Elevators India.

Other Prominent Vendors in the market are: ThyssenKrupp Elevator, Kinetic Hyundai Elevator, Hitachi Lift India, and Express Lifts.

Market driver
- Widespread growth of construction market
- For a full, detailed list, view our report

Market challenge
- Shortage of skilled labor
- For a full, detailed list, view our report

Market trend
- Adoption of green elevators and escalators
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 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?

Spanning over 66 pages "Elevator and Escalator Market in India - Industry Analysis 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Country overview, Industry overview, Market landscape, Market segmentation by product, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/elevator-and-escalator-market-india-industry-analysis-2015-2019

Related Reports:

Elevator and Escalator Market in Mexico 2015-2019 - visit at: http://www.marketresearchreports.com/technavio/elevator-and-escalator-market-mexico-2015-2019%C2%A0

Elevator and Escalator Market in South Korea 2015-2019 - Industry Research Report - visit at: http://www.marketresearchreports.com/technavio/elevator-and-escalator-market-south-korea-2015-2019-industry-research-report

Elevators and Escalators Market in Canada 2015-2019 - visit at: http://www.marketresearchreports.com/technavio/elevators-and-escalators-market-canada-2015-2019

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions