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Report Title

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

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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


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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

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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



Executive Summary

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 the total elevators and escalators market in Japan. While the rest ~% (USD ~ million) of share in the market was contributed by maintenance and modernization of already installed equipments.
Japan Elevators Market Segmentation: The elevators market in the Japan has been further segmented by sector, by types of machinery, door types and by end usage. On the basis of sector, the elevator market can further be bifurcated into elevators used in commercial complexes (retail spaces, office complexes, schools & colleges, hospitals, hotels and public infrastructure (airports, railways etc.)) which contributed ~% (USD ~ million) of the overall elevator market in 2017, while the rest ~% (USD ~ million) was contributed by elevators used in residential complexes. By type of machinery used, the elevator market was bifurcated into traction machinery which contributed ~% (USD ~ million) and the rest ~% (USD ~ million) was contributed by hydraulic machinery. The elevator market can also be bifurcated into Machine Room (MR) which contributed ~% (USD ~ million) and Machine Room Less (MRL) which contributed ~% (USD ~ million) of the overall elevator market in 2017. The elevator market has also been bifurcated on the different types of doors used in an elevator. On the basis of end usage the elevator market has been segmented into passenger elevator market and material handling elevator market. The passenger elevator market contributed a share of ~% (USD ~ million) to the overall elevator market in 2017, while the rest ~% (USD ~ million) was contributed by material handling elevator market.
Japan Escalators Market Segmentation: The escalators market in Japan has been further segmented by sector and by escalators & moving walkways. On the basis of sector, the escalators market can further be segmented into different types of commercial complexes (retail spaces, office complexes, schools & colleges, hospitals, hotels and public infrastructure (airports, railways etc.)). The market has also been segmented into stair escalators which contributed ~% (USD ~ million) and moving walkways which contributed the rest ~% (USD ~ million) to the overall escalators market in Japan in 2017.
Competitive Scenario in Japan Elevators and Escalators Market
The elevators and escalators market is highly concentrated and comprises of all the global players of the industry. The competition in the market is high as companies follow globally accepted standards. The entry of a new player is extremely difficult as the investment capital is very high. Companies have their own sales office and teams in different parts of the country. The major players in the Japan elevator and escalator market are; Kone, Otis, FujiTec, Mitsubishi, ThyssenKrupp, Hitachi and Toshiba.
Otis was the pioneer of safety elevator in the industry and is the world’s largest manufacturer of vertical transport systems. The company is present in more than 200 companies across the globe with around 66,000 employees worldwide and has its headquarters in Farmington, Connecticut, US. The company accounted for a share of ~% in the overall elevator and escalator market in Japan during 2017. Kone was founded in Helsinki, Finland in the year 1910. The company is one of the global leaders in manufacturing elevators and escalators. The company has operations in over 60 countries and authorized distributors in around 80 countries across the world. The company was also the pioneer of machine room less elevator system. The company accounted for a share of ~% in the overall elevator and escalator market in Japan during 2017. Fujitec was founded in Osaka, Japan in the year 1948. The company is one of the leading manufacturers of elevators and escalators in the world. The company has its sales offices across the globe and its operational headquarters in Americas, South Asia, East Asia and Europe. The company accounted for a share of ~% in the overall elevator and escalator market in Japan during 2017. Mitsubishi Electric is a Japanese company founded in 1921. The company is a global behemoth and manufactures a range of other products as well. The company has a well established sales network across the globe and in Japan. The company accounted for a share of ~% in the overall elevator and escalator market in Japan during 2017. ThyssenKrupp is a multinational conglomerate present in more than 80 countries and employs around 155,000 people. The group manufactures a range of products and elevators and escalators manufacturing accounts for a substantial part of it. The company accounted for a share of ~% in the overall elevator and escalator market in Japan during 2017. Other major players in the Japanese elevator and escalator market are Hitachi and Toshiba.
Future Potential of Japan Elevators and Escalators Market
The revenue from the Japanese elevators and escalators industry is projected to register modest growth over the period 2018-2022. It is projected to grow by CAGR of ~% over the period 2018-2022 and is expected to reach USD ~ million in 2022 as compared to USD ~ million in 2018. Owing to the financial stabilization of the country’s economy the real estate and public infrastructure sector of the country is likely to have tremendous growth the future. The government is investing heavily into the building and maintenance of public infrastructure facilities. The real estate market is likely to witness substantial growth in Japan. Projects like the “Park Court Akasaka Hinokicho The Tower”& “Park Court Aoyama the Tower” in Tokyo and “Branz Tower Umeda North” & “The Fine Tower Umeda Toyosaki” in Osaka will catapult the elevator and escalator market in the future. Similar projects are expected to come across all the major cities in the country. The ageing population of the country has been projected to grow substantially, which is further likely to create demand for elevators and escalators. The takeover of Schindler’s Japanese business by Otis Japan has made the market more concentrated and strengthened the presence of Otis in Japan. The company is expected to further increase its business substantially in the country.
Key Topics Covered in the Report:
Japan Elevators and Escalators Market Revenue
Japan Elevators Market Demand
Escalators Demand in Japan
Japan Elevator Maintenance Market
Japan Escalators Maintenance Market
Elevators Demand from Commercial and Retail Sector
Passenger Elevator Market Size Japan
Material Handling Elevators Market Size Japan
Escalators Demand from Residential Sector
Competition Japan Elevators and Escalators Industry
Major Companies Japan Elevators and Escalators Market
Future Outlook of Japan Elevators Market
Future Outlook of Japan Escalators Market
Otis Japan Revenue from elevators and escalators
Kone Japan Revenue from elevators and escalators
Schindler Japan Revenue from elevators and escalators
Mitsubishi Japan Revenue from elevators and escalators
Fujitec Japan Revenue from elevators and escalators
ThyssenKrupp Japan Revenue from elevators and escalators

 

1. Executive Summary
2. Research Methodology
3. Value Chain of Japan Elevator and Escalator Market
4. Overview and Genesis of Japan Elevator And Escalator Market
4.1. Life Cycle of Elevators and Escalators
5. Japan Elevator And Escalator Market Size on the Basis of Revenue, 2012-2017
6. Japan Elevator And Escalator Market Segmentation on the Basis of Revenue, 2017
6.1. By New Equipment Installations
6.2. By Maintenance and Modernization
7. Japan Elevator Market Size on the Basis of Revenue, 2012-2017
7.1. By New Equipment Installations
7.2. By Maintenance and Modernization
8. Japan Elevator Market Segmentation on the Basis of Revenue, 2017
8.1. By Sector (Commercial Complexes and Residential Complexes)
8.2. By Types of Machinery
8.2.1. Traction(Gear and Gearless) and Hydraulic (Conventional Hydraulic & Roped)
8.2.2. By MR and MRL
8.3. By Door Types*
8.4. By End Usage*
8.4.1. Passenger Elevators Market
8.4.2. Material Handling Elevators Market
9. Japan Escalator Market Size on the Basis of Revenue, 2012-2017
9.1. By New Equipment Installations
9.2. By Maintenance and Modernization
10. Japan Escalators Market Segmentation on the Basis of Revenue, 2017
10.1. By Sector
10.2. By Stair Escalators and Moving Walkways
11. Contract for Installation and Maintenance of an Elevator or Escalator
12. Safety Rules Issued by the Regulating Authority
13. Trends and Opportunities in Elevators and Escalators Market
14. Issues and Challenges in Elevators and Escalators Market
15. Porter Five Force Analysis in Japan Elevators and Escalators Market
16. Competitive Landscape of Japan Elevator And Escalator Market
16.1. Market Share of the Major Players in Japan Elevator and Escalator Market
16.2. Company Profiles of Major Players in Japan Elevators and Escalators Market
16.2.1. Kone
16.2.2. Otis
16.2.3. FujiTec
16.2.4. Mitsubishi Electric
16.2.5. ThyssenKrupp
16.2.6. Hitachi
16.2.7. Toshiba
17. Japan Elevator And Escalator Market Future Outlook and Projections on the Basis of Revenue, 2018-2022
17.1. By Revenue
17.2. By Segments
17.2.1. Japan Elevator Market Future Outlook and Projections
17.2.2. Japan Escalator Market Future Outlook and Projections
18. Analyst Recommendations
19. Macroeconomic Factors of Japan Elevators and Escalators Market
19.1. Japan Urban Population, 2012-2017
19.2. Ageing Population, 2012-2017
19.3. Number of Commercial and Residential Establishments, 2012-2017
19.4. Japan Government Spending on the Economy, 2012-2017
19.5. Japan Real Estate Investment , 2012-2017

Disclaimer
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*Some of the qualitative or quantitative information provided would highly depend upon the computerized assisted telephonic conversations (CATIs) with industry experts. On the basis of the discussion, the section could be edited or deleted as per the information availability. All limitations and approach used will be clearly mentioned in the report

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Kone, Otis, FujiTec, Mitsubishi Electric, ThyssenKrupp, Hitachi, Toshiba

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