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Global Elevator Modernization Market by Product Type (Hydraulic Elevator, Traction Elevator, Pneumatic Elevator and Others) and by End-Users/Application (Residential Buildings, Commercial and Industrial) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2015 - 2027

The report on the global elevator modernization market analyzes complete scenario i.e., existing as well as future visions of elevator modernization market. It includes detailed overview of elevator modernization market along with market pictures. Additionally, report has included complete data of the various segments in the global elevator modernization market followed by its applications, end users and region wide segmentation. Moreover, report has highlights of global key players present in this market. Top global players are analyzed completely along with their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

Global elevator modernization market report offers in-depth insights, revenue details, and other vital information regarding the global elevator modernization market, and the various trends, drivers, restraints, opportunities, and threats in the target market till year 2026. Hence, it covers the impact of these drivers and restraints on demand for this market during the forecast period. The report also includes PEST analysis, Porter’s Five Forces analysis, and opportunity map analysis for in-depth understanding of the market.

It provides historical data along with future forecast as well as detailed analysis of market on a global, regional and country level. Important market data of this market is projected in the form of form of tables, graphics, and pictures. On a regional basis, the market is categorized into five regions that include North America, Europe, Asia Pacific, Latin America, and Middle & East Africa. It analyzes complete scenario of each and every region along with highest share holder of elevator modernization market.

Market Segmentation:
Segmentation by Type Hydraulic Elevator 
Traction Elevator 
Pneumatic Elevator
Others
Segmentation by Application Residential Buildings 
Commercial 
Industrial
Market, By Regions North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, and Russia, etc.)
Asia-Pacific (China, Japan, ASEAN, India, and Korea)
The Middle East and Africa (UAE, Egypt, South Africa, Saudi Arabia)
South America (Brazil, Chile, Peru, and Argentina)

In addition, elevator modernization market report sorted and categorized the information and data according to the major geographical regions which are expected to impact on the industry in forecast period.

Report also provides factors that are contributing to and influencing the expansion of the global elevator modernization market. It projects the market assessment for the predicted time. Along with all these report includes the manufacturing process along with shipment, price, revenue, gross profit, potential, interview records, business distribution, etc. This enables users to get complete scenario of competitive analysis of the market.

Pivotal Fundamentals of the Global Elevator Modernization Market Report:
  • Holistic in-depth detailed analysis, regarding the parent market.
  • Detailed information about the current R&D activities performed by each elevator modernization market player.
  • Region-wise and country-wise breakdown of the elevator modernization market to get the revenue, and growth lookout in these areas.
  • Key factors which are influencing the consumption pattern of consumers across various regions and countries.
  • Historical and future progress of the global elevator modernization market.
  • Year-on-year growth of the global elevator modernization market in terms of value and volume.
Conclusion:
At last report covers a short outline of the dealers, distributors, and suppliers. Additionally, it provides sales channel, analysis findings and results. It spots some new entrants within the market. The study thus, suggests a brand new proposition to embellish elevator modernization market and nurture business as it explains current global market as well as future market.
 
Table of Content

Chapter 1 Elevator Modernization Market Overview 20
1.1 Product Overview and Scope of Elevator Modernization 20
1.2 Drivers, Restraint, and Opportunities of Elevator Modernization Market: 21
            1.2.1 Drivers of Elevator Modernization Market: 21
                        1.2.1.1 Rapid Growth in Population and Urbanization: 21
                        1.2.1.2 Rising Concern Regarding Safety in Elevators in High Rise Buildings: 22
            1.2.2 Restraint of Elevator Modernization Market: 23
                        1.2.2.1 Unsuitable Designs of Elevators and Environmental Hazards: 23
                        1.2.2.2 High Cost: 24
            1.2.3 Opportunity of Automotive Pump Market: 25
                        1.2.3.1 Adoption of Machine Room-Less Elevators, Green Elevators, and Other Eco-Friendly Designs of Elevators: 25
1.3 Elevator Modernization Segment by Types (Product Category) 26
            1.3.1 Global Elevator Modernization Revenue (USD Million) and Growth Rate (%) Comparison by Types (2014-2019) 26
            1.3.2 Global Elevator Modernization Revenue Market Share (%) by Types in 2018 27
            1.3.3 Hydraulic Elevator 28
            1.3.4 Traction Elevator 29
            1.3.5 Pneumatic Elevator 30
            1.3.6 Others 31
1.4 Global Elevator Modernization Segment by Application 32
            1.4.1 Global Elevator Modernization Revenue (USD Million) Comparison by Application (2014-2026) 32
            1.4.2 Residential Buildings 34
            1.4.3 Commercial 35
            1.4.4 Industrial 36
1.5 Global Elevator Modernization Market by Regions (2014-2026) 37
            1.5.1 Global Elevator Modernization Market Size and Growth Rate (%) Comparison by Regions (2014-2026) 37
            1.5.2 North America Elevator Modernization Status and Prospect (2014-2026) 39
            1.5.3 Europe Elevator Modernization Status and Prospect (2014-2026) 40
            1.5.4 China Elevator Modernization Status and Prospect (2014-2026) 41
            1.5.5 Japan Elevator Modernization Status and Prospect (2014-2026) 42
            1.5.6 India Elevator Modernization Status and Prospect (2014-2026) 43
            1.5.7 Southeast Asia Elevator Modernization Status and Prospect (2014-2026) 44
            1.5.8 South America Elevator Modernization Status and Prospect (2014-2026) 45
            1.5.9 Middle East & Africa Elevator Modernization Status and Prospect (2014-2026) 46
1.6 Global Elevator Modernization Market Size (2014-2026) 47
            1.6.1 Global Elevator Modernization Revenue Status and Outlook (2014-2026) 47
            
Chapter 2 Global Elevator Modernization Market Competition by Manufacturers 48
2.1 Global Elevator Modernization Revenue and Share by Manufacturers (2014-2018) 48

Chapter 3 Company (Top Players) Profiles and Key Data 51
3.1 KONE CORPORATION 51
            3.1.1 KONE CORPORATION Company Basic Information and Sales Area 51
            3.1.2 Business Segment/ Overview 52
            3.1.3 Investment in Research and Development 55
            3.1.4 Elevator Modernization Market Product Types Specification 56
            3.1.5 Business Strategy 58
3.2 Schindler 59
            3.2.1 Schindler Company Basic Information and Sales Area 59
            3.2.2 Business Segment/ Overview 60
            3.2.3 Investment in Research and Development 62
            3.2.4 Elevator Modernization Market Product Types Specification 63
            3.2.5 Key Developments 65
            3.2.6 Business Strategy 65
3.3 Otis Elevator Company 66
            3.3.1 Otis Elevator Company Basic Information and Sales Area. 66
            3.3.2 Business Segment/ Overview 67
            3.3.3 Elevator Modernization Product Types Specification 68
            3.3.4 Business Strategy 70
3.4 Mitsubishi Electric Corporation 71
            3.4.1 Mitsubishi Electric Corporation Company Basic Information and Sales Area 71
            3.4.2 Business Segment/ Overview 72
            3.4.3 Investment in Research and Development 74
            3.4.4 Elevator Modernization Product Types Specification 75
            3.4.5 Key Developments 77
            3.4.6 Business Strategy 77
3.5 Thyssenkrupp AG 78
            3.5.1 Thyssenkrupp AG Company Basic Information and Sales Area 78
            3.5.2 Business Segment/ Overview 79
            3.5.3 Investment in Research and Development 81
            3.5.4 Elevator Modernization Product Types Specification 82
            3.5.5 Key Developments 84
            3.5.6 Business Strategy 84
3.6 Hitachi, Ltd. 85
            3.6.1 Hitachi, Ltd. Company Basic Information and Sales Area 85
            3.6.2 Business Segment/ Overview 86
            3.6.3 Investment in Research and Development 87
            3.6.4 Business Strategy 88
3.7 Toshiba Elevator and Building Systems Corporation 89
            3.7.1 Toshiba Elevator and Building Systems Corporation Company Basic Information and Sales Area. 89
            3.7.2 Business Segment/ Overview 90
            3.7.3 Investment in Research and Development 92
            3.7.4 Elevator Modernization Product Types Specification 93
            3.7.5 Key Developments 94
            3.7.6 Business Strategy 95
3.8 HYUNDAIELEVATOR CO., LTD. 96
            3.8.1 HYUNDAIELEVATOR CO., LTD. Company Basic Information and Sales Area. 96
            3.8.2 Business Segment/ Overview 97
            3.8.3 Elevator Modernization Product Types Specification 98
            3.8.4 Business Strategy 99
3.9 KÖHLER Elevator GmbH 100
            3.9.1 KÖHLER Elevator GmbH Company Basic Information and Sales Area 100
            3.9.2 Business Segment/ Overview 101
            3.9.3 Elevator Modernization Market Product Types Specification 102
            3.9.4 Business Strategy 103
3.10 Johnson Lifts Private Ltd. 104
            3.10.1 Johnson Lifts Private Ltd. Company Basic Information, and Sales Area 104
            3.10.2 Business Segment/ Overview 105
            3.10.3 Elevator Modernization Market Product Types Specification 106
            3.10.4 Business Strategy 107
            
Chapter 4 Global Elevator Modernization Revenue by Regions (2014-2019) 108
4.1 Global Elevator Modernization Revenue and Market Share (%) by Regions (2014-2019) 108

Chapter 5 Global Elevator Modernization Revenue by Types 112
5.1 Global Elevator Modernization Revenue and Market Share (%) by Types (2014-2019) 112

Chapter 6 Global Elevator Modernization Market Analysis by Application 115
6.1 Global Elevator Modernization Revenue (USD Million) and Market Share (%) by Application (2014-2019) 115
6.2 Global Elevator Modernization Revenue Growth Rate by Application (2014-2019) 119

Chapter 7 North America Elevator Modernization Market Development Status and Outlook 120
7.1 North America Elevator Modernization Market Size (2014-2019) 120
            7.1.1 North America Elevator Modernization Market Size by Type (USD Million) (2014-2019) 121
7.2 North America Elevator Modernization Market Size (2014-2019) 122
            7.2.1 North America Elevator Modernization Market Size by Application (USD Million) (2014-2019) 123
            
Chapter 8 Europe Elevator Modernization Market Development Status and Outlook 124
8.1 Europe Elevator Modernization Market Size (2014-2019) 124
            8.1.1 Europe Elevator Modernization Market Size by Type (USD Million) (2014-2019) 125
8.2 Europe Elevator Modernization Market Size (2014-2019) 126
            8.2.1 Europe Elevator Modernization Market Size by Application (USD Million) (2014-2019) 127
            
Chapter 9 China Elevator Modernization Market Development Status and Outlook 128
9.1 China Elevator Modernization Market Size (2014-2019) 128
            9.1.1 China Elevator Modernization Market Size by Type (USD Million) (2014-2019) 129
9.2 China Elevator Modernization Market Size (2014-2019) 130
            9.2.1 China Elevator Modernization Market Size by Application (USD Million) (2014-2019) 131
            
Chapter 10 Japan Elevator Modernization Market Development Status and Outlook 132
10.1 Japan Elevator Modernization Market Size (2014-2019) 132
            10.1.1 Japan Elevator Modernization Market Size by Type (USD Million) (2014-2019) 133
10.2 Japan Elevator Modernization Market Size (2014-2019) 134
            10.2.1 Japan Elevator Modernization Market Size by Application (USD Million) (2014-2019) 135
            10.2.2 Japan Elevator Modernization Market Size by Application (USD Million) (2014-2019) 135
            
Chapter 11 India Elevator Modernization Market Development Status and Outlook 136
11.1 India Elevator Modernization Market Size (2014-2019) 136
            11.1.1 India Elevator Modernization Market Size by Type (USD Million) (2014-2019) 137
11.2 India Elevator Modernization Market Size (2014-2019) 138
            11.2.1 India Elevator Modernization Market Size by Application (USD Million) (2014-2019) 139
            
Chapter 12 Southeast Asia Elevator Modernization Market Development Status and Outlook 140
12.1 Southeast Asia Elevator Modernization Market Size (2014-2019) 140
            12.1.1 Southeast Asia Elevator Modernization Market Size by Type (USD Million) (2014-2019) 141
12.2 Southeast Asia Elevator Modernization Market Size (2014-2019) 142
            12.2.1 Southeast Asia Elevator Modernization Market Size by Application (USD Million) (2014-2019) 143
            
Chapter 13 South America Elevator Modernization Market Development Status and Outlook 144
13.1 South America Elevator Modernization Market Size (2014-2019) 144
            13.1.1 South America Elevator Modernization Market Size by Type (USD Million) (2014-2019) 145
13.2 South America Elevator Modernization Market Size (2014-2019) 146
            13.2.1 South America Elevator Modernization Market Size by Application (USD Million) (2014-2019) 147
            
Chapter 14 Middle East & Africa Elevator Modernization Market Development Status and Outlook 148
14.1 Middle East & Africa Elevator Modernization Market Size (2014-2019) 148
            14.1.1 Middle East & Africa Elevator Modernization Market Size by Type (USD Million) (2014-2019) 149
14.2 Middle East & Africa Elevator Modernization Market Size (2014-2019) 150
            14.2.1 Middle East & Africa Elevator Modernization Market Size by Application (USD Million) (2014-2019) 151
            
Chapter 15 Linear Transfer Automation System Manufacturing Cost Analysis 152
15.1 Proportion of Manufacturing Cost Structure 152
            15.1.1 Raw Materials 152
            15.1.2 Labor Cost 153
            15.1.3 USA Labor Cost Analysis 153
            15.1.4 EU Labor Costs Analysis 155
            15.1.5 China Labor Costs Analysis 156
            15.1.6 Manufacturing Expenses 158
            
Chapter 16 Marketing Strategy Analysis, Distributors/Traders 159
16.1 Marketing Channel 159
            16.1.1 Direct Marketing 160
            16.1.2 Indirect Marketing 160
            16.1.3 Marketing Channel Development Trend 161
16.2 Market Positioning 161
            16.2.1 Pricing Strategy 162
            
Chapter 17 Global Elevator Modernization Market Forecast (2019-2026) 163
17.1 Global Elevator Modernization Revenue Forecast (2019-2026) 163
            17.1.1 Global Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 163
17.2 Global Elevator Modernization Revenue (USD Million) Forecast by Regions (2019-2026) 164
            17.2.1 North America Elevator Modernization Revenue (USD Million) Forecast (2019-2026) 166
            17.2.2 Europe Elevator Modernization Revenue (USD Million) Forecast (2019-2026) 167
            17.2.3 China Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 168
            17.2.4 Japan Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 169
            17.2.5 India Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 170
            17.2.6 Southeast Asia Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 171
            17.2.7 South America Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 172
            17.2.8 Middle East & Africa Elevator Modernization and Revenue (USD Million) Forecast (2019-2026) 173
17.3 Global Elevator Modernization Revenue Forecast by Type (2019-2026) 174
17.4 Global Elevator Modernization Revenue (USD Million) Forecast by Application (2019-2026) 176

Chapter 18 North America Elevator Modernization Market Development Status and Outlook 178
18.1 North America Elevator Modernization Market Size (2019-2026) 178
            18.1.1 North America Elevator Modernization Market Size by Type (USD Million) (2019-2026) 179
18.2 North America Elevator Modernization Market Size (2019-2026) 180
            18.2.1 North America Elevator Modernization Market Size by Application (USD Million) (2019-2026) 181
            
Chapter 19 Europe Elevator Modernization Market Development Status and Outlook 182
19.1 Europe Elevator Modernization Market Size (2019-2026) 182
            19.1.1 Europe Elevator Modernization Market Size by Type (USD Million) (2019-2026) 183
19.2 Europe Elevator Modernization Market Size (2019-2026) 184
            19.2.1 Europe Elevator Modernization Market Size by Application (USD Million) (2019-2026) 185
            
Chapter 20 China Elevator Modernization Market Development Status and Outlook 186
20.1 China Elevator Modernization Market Size (2019-2026) 186
            20.1.1 China Elevator Modernization Market Size by Type (USD Million) (2019-2026) 187
20.2 China Elevator Modernization Market Size (2019-2026) 188
            20.2.1 China Elevator Modernization Market Size by Application (USD Million) (2019-2026) 189
            
Chapter 21 Japan Elevator Modernization Market Development Status and Outlook 190
21.1 Japan Elevator Modernization Market Size (2019-2026) 190
            21.1.1 Japan Elevator Modernization Market Size by Type (USD Million) (2019-2026) 191
21.2 Japan Elevator Modernization Market Size (2019-2026) 192
            21.2.1 Japan Elevator Modernization Market Size by Application (USD Million) (2019-2026) 193
            
Chapter 22 India Elevator Modernization Market Development Status and Outlook 194
22.1 India Elevator Modernization Market Size (2019-2026) 194
            22.1.1 India Elevator Modernization Market Size by Type (USD Million) (2019-2026) 195
22.2 India Elevator Modernization Market Size (2019-2026) 196
            22.2.1 India Elevator Modernization Market Size by Application (USD Million) (2019-2026) 197
            
Chapter 23 Southeast Asia Elevator Modernization Market Development Status and Outlook 198
23.1 Southeast Asia Elevator Modernization Market Size (2019-2026) 198
            23.1.1 Southeast Asia Elevator Modernization Market Size by Type (USD Million) (2019-2026) 199
23.2 Southeast Asia Elevator Modernization Market Size (2019-2026) 200
            3.2.1 Southeast Asia Elevator Modernization Market Size by Application (USD Million) (2019-2026) 201
            
Chapter 24 South America Elevator Modernization Market Development Status and Outlook 202
24.1 South America Elevator Modernization Market Size (2019-2026) 202
            24.1.1 South America Elevator Modernization Market Size by Type (USD Million) (2019-2026) 203
24.2 South America Elevator Modernization Market Size (2019-2026) 204
            24.2.1 South America Elevator Modernization Market Size by Application (USD Million) (2019-2026) 205
            
Chapter 25 Middle East & Africa Elevator Modernization Market Development Status and Outlook 206
25.1 Middle East & Africa Elevator Modernization Market Size (2019-2026) 206
            25.1.1 Middle East & Africa Elevator Modernization Market Size by Type (USD Million) (2019-2026) 207
25.2 Middle East & Africa Elevator Modernization Market Size (2019-2026) 208
            25.2.1 Middle East & Africa Elevator Modernization Market Size by Application (USD Million) (2019-2026) 209
            
Chapter 26 Research Findings and Conclusion 210

List of Figures 

FIG. 1 Product Picture of Elevator Modernization 21
FIG. 2 Global Elevator Modernization Revenue Market Share (%) by Types in 2018 28
FIG. 3 Global Hydraulic Elevator Market Revenue (USD Million) and Growth Rate (%), (2014 – 2026) 29
FIG. 4 Traction Elevator Market Revenue (USD Million) and Growth Rate (%), (2014 – 2026) 30
FIG. 5 Pneumatic Elevator Market Revenue (USD Million) and Growth Rate (%), (2014 – 2026) 31
FIG. 6 Others Market Revenue (USD Million) and Growth Rate (%), (2014 – 2026) 32
FIG. 7 Global Elevator Modernization Revenue (USD Million) Market Share (%) by Application in 2018 34
FIG. 8 Global Elevator Modernization Market for Residential Buildings Consumption and Growth Rate (%), (2014 – 2026) 35
FIG. 9 Global Elevator Modernization Market for Commercial Consumption and Growth Rate (%), (2014 to 2026) 36
FIG. 10 Global Elevator Modernization Market for Industrial Consumption and Growth Rate (%), (2014-2026) 37
FIG. 11 Global Elevator Modernization Market Size Comparison and Growth Rate (%) by Regions (2014-2026) 38
FIG. 12 North America Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 40
FIG. 13 Europe Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 41
FIG. 14 China Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 42
FIG. 15 Japan Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 43
FIG. 16 India Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 44
FIG. 17 Southeast Asia Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 45
FIG. 18 South America Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 46
FIG. 19 Middle East & Africa Elevator Modernization Revenue (USD Million) and Growth Rate (2014-2026) 47
FIG. 20 Global Elevator Modernization Revenue (USD Million) Status and Outlook (2014-2026) 48
FIG. 21 2018 Global Elevator Modernization Revenue Share by Manufacturers 51
FIG. 22 KONE CORPORATION Net Sales, By Segments (2019-2018) (USD Million) 54
FIG. 23 KONE CORPORATION Net Sales, By Region (2019-2018) 55
FIG. 24 KONE CORPORATION R&D Investments (USD Million) (2019-2018) 56
FIG. 25 KONE CORPORATION Revenue Market Share (%) (2014-2018) 58
FIG. 26 Schindler Net Sales, By Region (2017-2018) 62
FIG. 27 Schindler R&D Investments (USD Million) (2017-2018) 63
FIG. 28 Schindler Revenue Market Share (%) (2014-2018) 65
FIG. 29 Otis Elevator Company Revenue Market Share (%) (2014-2018) 70
FIG. 30 Mitsubishi Electric Corporation Net Sales, By Segments (2017-2018) (USD Million) 74
FIG. 31 Mitsubishi Electric Corporation Net Sales, By Region (2017-2018) 74
FIG. 32 Mitsubishi Electric Corporation R&D Investment (USD Million) (2017-2018) 75
FIG. 33 Mitsubishi Electric Corporation Revenue Market Share (%) (2014-2018) 77
FIG. 34 Thyssenkrupp AG Net Sales, By Segments (2017-2018) (USD Million) 81
FIG. 35 Thyssenkrupp AG Net Sales, By Region (2017-2018) 81
FIG. 36 Thyssenkrupp AG R&D Investment (USD Million) (2017-2018) 82
FIG. 37 Thyssenkrupp AG Revenue Market Share (%) (2014-2018) 84
FIG. 38 Hitachi, Ltd. R&D Investment (2017-2018) 88
FIG. 39 Toshiba Elevator and Building Systems Corporation Net Sales, By Region (2017-2018) 92
FIG. 40 Toshiba Elevator and Building Systems Corporation R&D Investment (USD Million) (2017-2018) 93
FIG. 41 Global Elevator Modernization Revenue Market Share (%) by Regions (2014-2019) 111
FIG. 42 Global Elevator Modernization Revenue Market Share (%) by Regions, 2018 112
FIG. 43 Revenue Share of Elevator Modernization by Types (2014-2019) 114
FIG. 44 2018 Revenue Market Share (%) of Elevator Modernization by Types 115
FIG. 45 Global Elevator Modernization Consumption Market Share (%) by Application (2014-2019) 118
FIG. 46 Global Elevator Modernization Consumption Market Share (%) by Application in 2018 119
FIG. 47 North America Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 121
FIG. 48 North America Elevator Modernization Market Size by Type 2018 122
FIG. 49 North America Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 123
FIG. 50 North America Elevator Modernization Market Size by Application 2018 124
FIG. 51 Europe Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 125
FIG. 52 Europe Elevator Modernization Market Size by Type 2018 126
FIG. 53 Europe Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 127
FIG. 54 Europe Elevator Modernization Market Size by Application 2018 128
FIG. 55 China Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 129
FIG. 56 China Elevator Modernization Market Size by Type 2018 130
FIG. 57 China Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 131
FIG. 58 China  Elevator Modernization Market Size by Application 2018 132
FIG. 59 Japan Elevator Modernization Revenue Market Share (%) by Types (2014-2019) 133
FIG. 60 Japan Elevator Modernization Market Size by Type 2018 134
FIG. 61 Japan Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 135
FIG. 62 Japan Elevator Modernization Market Size by Application 2018 136
FIG. 63 India Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 137
FIG. 64 India Elevator Modernization Market Size by Type 2018 138
FIG. 65 India Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 139
FIG. 66 India Elevator Modernization Market Size by Application 2018 140
FIG. 67 Southeast Asia Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 141
FIG. 68 Southeast Asia Elevator Modernization Market Size by Type 2018 142
FIG. 69 Southeast Asia Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 143
FIG. 70 Southeast Asia Elevator Modernization Market Size by Application 2018 144
FIG. 71 South America Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 145
FIG. 72 South America Elevator Modernization Market Size by Type 2018 146
FIG. 73 South America Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 147
FIG. 74 South America Elevator Modernization Market Size by Application 2018 148
FIG. 75 Middle East & Africa Elevator Modernization Revenue Market Share (%) by Type (2014-2019) 149
FIG. 76 Middle East & Africa Elevator Modernization Market Size by Type 2018 150
FIG. 77 Middle East & Africa Elevator Modernization Revenue Market Share (%) by Application (2014-2019) 151
FIG. 78 Middle East & Africa Elevator Modernization Market Size by Application 2018 152
FIG. 79 Manufacturing Cost Structure of Linear Transfer Automation System 153
FIG. 80 USA Labor Cost Analysis 154
FIG. 81 Cost of Employing a Factory Worker 155
FIG. 82 2017 Estimated Labor Costs for the Whole Economy in EUR 156
FIG. 83 Monthly Minimum Wages in Asia 2016 157
FIG. 84 China Labor Costs 158
FIG. 85 Linear Transfer Automation System Marketing Channels Status 160
FIG. 86 Global Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 164
FIG. 87 Global Elevator Modernization Revenue Market Share (%) Forecast by Regions (2019-2026) 166
FIG. 88 North America Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 167
FIG. 89 Europe Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 168
FIG. 90 China Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 169
FIG. 91 Japan Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 170
FIG. 92 India Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 171
FIG. 93 Southeast Asia Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 172
FIG. 94 South America Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 173
FIG. 95 Middle East & Africa Elevator Modernization Revenue (USD Million) and Growth Rate (%) Forecast (2019-2026) 174
FIG. 96 Global Elevator Modernization Revenue Market Share (%) Forecast by Type (2019-2026) 176
FIG. 97 Global Elevator Modernization Consumption Forecast by Application (2019-2026) 178
FIG. 98 North America Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 179
FIG. 99 North America Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 181
FIG. 100 Europe Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 183
FIG. 101 Europe Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 185
FIG. 102 China Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 187
FIG. 103 China Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 189
FIG. 104 Japan Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 191
FIG. 105 Japan Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 193
FIG. 106 India Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 195
FIG. 107 India Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 197
FIG. 108 Southeast Asia Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 199
FIG. 109 Southeast Asia Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 201
FIG. 110 South America Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 203
FIG. 111 South America Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 205
FIG. 112 Middle East & Africa Elevator Modernization Revenue Market Share (%) by Type (2019-2026) 207
FIG. 113 Middle East & Africa Elevator Modernization Revenue Market Share (%) by Application (2019-2026) 209

List of Tables

TABLE 1 Global Elevator Modernization Revenue (USD Million) and Growth Rate (%) Comparison by Types (2014-2019) 27
TABLE 2 Global Elevator Modernization Revenue (USD Million) Comparison by Application (2014-2026) 33
TABLE 3 Elevator Modernization Market Revenue (USD Million) Comparison by Regions (2014-2026) 39
TABLE 4 Global Elevator Modernization Revenue (USD Million) by Manufacturers (2014-2018) 49
TABLE 5 Global Elevator Modernization Revenue Share by Manufacturers (2014-2018) 50
TABLE 6 Global Elevator Modernization Revenue Share by Manufacturers (2014-2018) 51
TABLE 7 KONE CORPORATION Basic Information, and Sales Area 52
TABLE 8 KONE CORPORATION Revenue (USD Million), and Market Share (%) (2014-2018) 58
TABLE 9 Schindler Basic Information, and Sales Area 60
TABLE 10 Schindler Revenue (USD Million), and Market Share (%) (2014-2018) 65
TABLE 11 Otis Elevator Company Basic Information and Sales Area. 67
TABLE 12 Otis Elevator Company Revenue (USD Million), and Market Share (%) (2014-2018) 70
TABLE 13 Mitsubishi Electric Corporation Basic Information and Sales Area 72
TABLE 14 Mitsubishi Electric Corporation Revenue (USD Million), and Market Share (%) (2014-2018) 76
TABLE 15 Thyssenkrupp AG Basic Information and Sales Area 79
TABLE 16 Thyssenkrupp AG Revenue (USD Million), and Market Share (%) (2014-2018) 84
TABLE 17 Hitachi, Ltd. Basic Information and Sales Area 86
TABLE 18 Toshiba Elevator and Building Systems Corporation Basic Information and Sales Area. 90
TABLE 19 HYUNDAIELEVATOR CO., LTD. Basic Information and Sales Area. 97
TABLE 20 KÖHLER Elevator GmbH Basic Information, and Sales Area 101
TABLE 21 Johnson Lifts Private Ltd. Basic Information, and Sales Area 105
TABLE 22 Global Elevator Modernization Revenue (USD Million) by Regions (2014-2019) 109
TABLE 23 Global Elevator Modernization Revenue Market Share (%) by Regions (2014-2019) 110
TABLE 24 Global Elevator Modernization Revenue (USD Million) by Types (2014-2019) 113
TABLE 25 Global Elevator Modernization Revenue Share (%) by Types (2014-2019) 113
TABLE 26 Global Elevator Modernization Revenue (USD Million) by Application (2014-2019) 116
TABLE 27 Global Elevator Modernization Consumption Market Share (%) by Application (2014-2019) 117
TABLE 28 Global Elevator Modernization Revenue Growth Rate by Application (2014-2019) 120
TABLE 29 North America Elevator Modernization Market Size by Type (USD Million) (2014-2019) 122
TABLE 30 North America Elevator Modernization Market Size by Application (USD Million) (2014-2019) 124
TABLE 31 Europe Elevator Modernization Market Size by Type (USD Million) (2014-2019) 126
TABLE 32 Europe Elevator Modernization Market Size by Application (USD Million) (2014-2019) 128
TABLE 33 China Elevator Modernization Market Size by Type (USD Million) (2014-2019) 130
TABLE 34 China Elevator Modernization Market Size by Application (USD Million) (2014-2019) 132
TABLE 35 Japan Elevator Modernization Market Size by Type (USD Million) (2014-2019) 134
TABLE 36 Japan Elevator Modernization Market Size by Application (USD Million) (2014-2019) 136
TABLE 37 India Elevator Modernization Market Size by Type (USD Million) (2014-2019) 138
TABLE 38 India Elevator Modernization Market Size by Application (USD Million) (2014-2019) 140
TABLE 39 Southeast Asia Elevator Modernization Market Size by Type (USD Million) (2014-2019) 142
TABLE 40 Southeast Asia Elevator Modernization Market Size by Application (USD Million) (2014-2019) 144
TABLE 41 South America Elevator Modernization Market Size by Type (USD Million) (2014-2019) 146
TABLE 42 South America Elevator Modernization Market Size by Application (USD Million) (2014-2019) 148
TABLE 43 Middle East & Africa Elevator Modernization Market Size by Type (USD Million) (2014-2019) 150
TABLE 44 Middle East & Africa Elevator Modernization Market Size by Application (USD Million) (2014-2019) 152
TABLE 45 Global Elevator Modernization Revenue (USD Million) Forecast by Regions (2019-2026) 165
TABLE 46 Global Elevator Modernization Revenue (USD Million) Forecast by Type (2019-2026) 175
TABLE 47 Global Elevator Modernization Revenue (USD Million) Forecast by Application (2019-2026) 177
TABLE 48 North America Elevator Modernization Market Size by Type (USD Million) (2019-2026) 180
TABLE 49 North America Elevator Modernization Market Size by Application (USD Million) (2019-2026) 182
TABLE 50 Europe Elevator Modernization Market Size by Type (USD Million) (2019-2026) 184
TABLE 51 Europe Elevator Modernization Market Size by Application (USD Million) (2019-2026) 186
TABLE 52 China Elevator Modernization Market Size by Type (USD Million) (2019-2026) 188
TABLE 53 China Elevator Modernization Market Size by Application (USD Million) (2019-2026) 190
TABLE 54 Japan Elevator Modernization Market Size by Type (USD Million) (2019-2026) 192
TABLE 55 Japan Elevator Modernization Market Size by Application (USD Million) (2019-2026) 194
TABLE 56 India Elevator Modernization Market Size by Type (USD Million) (2019-2026) 196
TABLE 57 India Elevator Modernization Market Size by Application (USD Million) (2019-2026) 198
TABLE 58 Southeast Asia Elevator Modernization Market Size by Type (USD Million) (2019-2026) 200
TABLE 59 Southeast Asia Elevator Modernization Market Size by Application (USD Million) (2019-2026) 202
TABLE 60 South America Elevator Modernization Market Size by Type (USD Million) (2019-2026) 204
TABLE 61 South America Elevator Modernization Market Size by Application (USD Million) (2019-2026) 206
TABLE 62 Middle East & Africa Elevator Modernization Market Size by Type (USD Million) (2019-2026) 208
TABLE 63 Middle East & Africa Elevator Modernization Market Size by Application (USD Million) (2019-2026) 210


 
No Methodology
Global Elevator Modernization Market Trends:
The global elevator modernization market is estimated to be worth USD 12,530.13 million in 2019 and is projected to reach USD 19,394.24 million by 2026, at a CAGR of 6.44% from 2019 to 2026. A vertical transportation for raising and lowering people or things to various levels in a modernized building is an elevator. An elevator has two type traction and hydraulic. Generally, elevator modernization includes two different forms those are partial modernization and full modernization. It is a process of upgrading the critical parts of the elevator in order to handle new technology, increase in safety, increase the performance, as well as give the aesthetics an up to date appeal.

Global Elevator Modernization Market, By Type:
The global elevator modernization market by its type include Hydraulic Elevator Traction Elevator, Pneumatic Elevator and Others. On the basis of type, Hydraulic Elevator accounted for largest share of total revenue generated. Because, they occupy less space in a building and cheaper to install than other elevator type.
 
Global Elevator Modernization Market, By Application:
The global elevator modernization market by its application include Residential Buildings, Commercial and Industrial. The demand of global elevator modernization market is highest from Residential Buildings, because quick installation and offers you an effortless life. Also, they can move you securely among floors even during a power failure.
 
Global Elevator Modernization market, By Region:
Region wise, global elevator modernization market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Asia Pacific leads the global elevator modernization market share due to growth in this region include development of commercial sector, steady recovery in housing market, increase in investments in existing building upgrades, airports and transit facilities to upgrade ageing infrastructure which is followed by the Europe and North America.
 
Major Market Players:
KONE CORPORATION, Schindler, Otis Elevator Company, Mitsubishi Electric Corporation, Thyssenkrupp AG, Hitachi, Ltd., Toshiba Elevator and Building Systems Corporation, HYUNDAIELEVATOR CO., LTD., KÖHLER Elevator GmbH and Johnson Lifts Private Ltd.
 
Global Elevator Modernization Market Report Scope:
Report Parameters Details of Parameter
Market Size 2014-2026
Based Year 2018
Forecast Period Covered 2019-2026
Units for value USD (Million)
Covered Segments Product Type, Applications, Geographic Regions
Product Type Hydraulic Elevator, Traction Elevator, Pneumatic Elevator and Others
Applications Residential Buildings, Commercial and Industrial
Region Covered North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Covered KONE Elevator, Schindler Group, Otis Elevator company, Mitsubishi Electric, ThyssenKrupp Elevator Technology and
Others

The report analyzes all the factors which are impacting on the market and on that basis describes the drivers, restraints, and opportunities for the growth of the global elevator modernization market. Similarly, report provides the all the segmentations along with the qualitative analysis.

Global Elevator Modernization Market: Product analysis
  • Hydraulic Elevator
  • Traction Elevator
  • Pneumatic Elevator
  • Others
Global Elevator Modernization Market: Application analysis
  • Residential Buildings
  • Commercial
  • Industrial
Market, By regions:
In addition, elevator modernization report sorted and categorized the information and data according to the major geographical regions which are expected to impact on the industry in forecast period. Following are the regions we covered in this report:
  • North America (U.S., Canada, Mexico)
  • Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
  • Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of L.A.)
  • Middle East and Africa (Turkey, GCC, Rest of Middle East)