Market Research Reports - Ken Research Fujitec Japan Revenue from elevators & escalators

Japan Elevators and Escalators Market Outlook to 2022: Ken Research
The report titled “Japan Elevators and Escalators Market by New Equipment Installation &
Maintenance & Modernization, by Elevator (by End Usage, by Type of Machinery, by Door
Types and by Sector) and by Escalator (by End Usage and by Escalators and Moving
Walkways) - Outlook to 2022” provides a comprehensive analysis of elevators and escalators
market in Japan. The report covers Japan 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, FujiTec, Mitsubishi, ThyssenKrupp, Hitachi and Toshiba) in elevators and escalators
market. The report provides detailed overview on future outlook & projections with analyst
recommendations for the industry.
Industry Overview
Japan is one of the largest economies in the world. Although, the economy was severely
affected during the global financial crises, the country has revived and is strongly heading on
the path of growth. The country has a robust pubic infrastructure as the government has been
investing heavily for renovation and building new public facilities. Around 90% of the country’s
population resides in urban areas. There has been a significant rise in the number of buildings in
major cities like Tokyo, Yokohama, Osaka and Nagoya since 2000. On account of the strong real
estate market in the country the elevator and escalator market in the country has also
witnessed growth. The market has grown at a rate of ~% during 2012-2017. The overall market
grew from USD ~ million in 2012 to USD ~ million in 2017. Although, the real estate market
suffered a set-back during 2009-2013, but there has been growth since then. The country also
has a high life expectancy rate, and the birth rate in the country has plummeted in the past few
years. This has led to a significant rise in the country's ageing population. All these factors have
collectively acted as a catalyst for the Japanese elevators and escalators market.
Market Segmentation of Japan Elevators and Escalators Market
Japan Elevators and Escalators Market: The Japan market for elevators and escalators has been
bifurcated into two segments; new equipment installation and maintenance & modernization.
In 2017, the revenue contributed by installation of new equipment was ~% (USD ~ million) of