Ken Research - Italy Elevators and Escalators Industry Research

Italy Elevators and Escalators Market is Led by Booming Residential Real Estate Market
and Rise in Number of High-Rise Commercial Buildings : Ken Research
Italy elevators and escalators market size, market segmentations by new equipment installation &
maintenance & modernization, by elevator (by end usage (passenger elevator market and material
handling market), by type of machinery (traction (gear & gearless) & hydraulic (conventional
hydraulic & roped) and MR & MRL), by door types and by sector (commercial complexes and
residential complexes)) and by escalator (by end usage and by escalators & moving walkways). The
report also covers market in different aspects such as trends and developments, issues and challenges,
Porter Five Force analysis, contract for installation and maintenance of an elevator or escalator, safety
rules issued by regulating authority, market share of major companies, company profiles of major
players (Kone, Otis, Schindler, ThyssenKrupp, Axel Lifts, Daldoss and Elex Lifts) in elevators and
escalators market. The report provides detailed overview on future outlook & projections with analyst
recommendations for the industry.
2018 | Italy News


Elevators and Escalators market in Italy has been supported by the gradually stabilizing
economy of the country and revenue generated from the maintenance and
modernization of existing equipments.
The strong growth of the real estate sector along with the increase in demand for energy
efficient elevators and escalators will lead the growth of the Italian elevators and
escalators market in the upcoming years.
The Italian economy is gradually reviving from the financial crises of 2008. The country has
witnessed positive growth in its GDP since 2014 and is increasing steadily every year. There
has been a positive outlook towards business in the country. Change in economic and
institutional policies have encouraged more investment into the Italian market. With the
stabilization of the economy the spending for the public infrastructure by the government is
also likely to increase. This will provide a boost to the elevator and escalator market. The
residential real estate sector of the country is also expected to significantly grow as there is