Market Research Reports - Ken Research Future Outlook of Japan Escalators Market
Japan Elevators and Escalators Market is Led by a Financially Stable Economy, High
Investment in Public Infrastructure and Rise in Construction of High-Rise Buildings: Ken
Research
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.
Elevators and Escalators market in Japan has been supported by the stable financial economy of
the country and maintenance and modernization of existing equipments.
The high investment by the government in public infrastructure and rise in number of high rise
buildings in major cities will lead the growth of the Japanese elevators and escalators market in
the upcoming years.
After the economic crises of 2007 Japan has stabilized itself financially and is propagating on
the path of growth. The country has been witnessing continuous positive growth in the past
couple of years. The stabilized financial scenario of the country has encouraged investments
into the public infrastructure and real estate sector of the country. The government is investing
heavily to develop the public infrastructure of the country and there has been a substantial
increase in the number of high-rise buildings in major cities of the country. The strong growth
of the economy is likely to continue in the future. The condition of the public infrastructure is
also likely to improve and expand in the coming years. The current and future investment plan
of the government into the public infrastructure will be directed towards improving the
condition of the current public facilities and building new infrastructure to accommodate and
cater to the increasing urban population of the country. The real estate market is also likely to
grow substantially in the future. The supply of commercial complexes (office spaces, high-rise
buildings in major cities, etc.) and residential complexes (condominium and apartment
complexes) have witnessed fluctuation during the financial crises, but is expected to increase
substantially owing to the strong financial condition of the country and increased investment