Lewes, DE -- (SBWIRE) -- 09/17/2015 -- Report forecast the elevators and escalators market in Germany to grow at a CAGR of 4.78% and 6.98% in terms of revenue and new installed units, respectively, during 2014-2019.

Elevators and escalators are installed in residential buildings and commercial buildings such as IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

In this report, Technavio includes the present scenario and growth prospects of the elevator and escalator market in Germany for 2015-2019. To calculate the market size, we consider the number of newly installed units and the revenue generated from the installation of new elevator and escalator units in the country during the forecast period.

The report also 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 market, outlines the challenges faced by the vendors and the market at large, and highlights the key trends visible in the market.

According to the report, the construction market in Germany is mature as most of the existing infrastructure in the country is old. There are a large number of elevators that are as old as 30 years and need to be modernized. Elevator and escalator manufacturers are focusing on the renovation and modernization of existing elevators.

Key players in the Elevators and Escalators Market in Germany: KONE, Otis, Schindler, ThyssenKrupp

Other Prominent Vendors in the market are: Friedrich Elevators, Kohler Elevator, Lutz Elevators, Nunn Aufzuge, Omega Lift Service, OSMA-Aufzüge and Schmitt+Sohn Aufzüge

Key market driver
- Construction of high-rise buildings
- For a full, detailed list, view our report

Key market challenge
- Lack of effective product differentiation
- For a full, detailed list, view our report

Key market trend
- Increase in apartment occupancy
- 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 51 pages "Elevators and Escalators Market in Germany 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Industry overview, Market landscape, Elevator market in Germany, Escalator market in Germany, 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/elevators-and-escalators-market-germany-2015-2019

Other Report;

1st- Elevators and Escalators Market in the UK 2015-2019 - visit at:
http://www.marketresearchreports.com/technavio/elevators-and-escalators-market-uk-2015-2019

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