Industry Research Co added a new research report on "Energy efficient elevator marketThe 2019-2024 report provides its participation in the market of various sectors with the introduction of companies and products and its position in the energy efficient elevator industry. The energy efficient elevator market report assesses the state of the market worldwide and explores the essential macro and microeconomic factors that affect market progress. The 2019 Energy Efficient Elevators market report includes all aspects of the Energy Efficient Elevators industry along with the progress performance.
The report of energy efficient elevators also covers the offer for a new project that includes:
- Market entry strategies
- Economic impact countermeasures
- Marketing channels
- Feasibility studies of new investments in projects
- Research conclusions of the energy efficient elevator industry
The report provides key statistics on the market status of manufacturers of the energy efficient elevator market and is a valuable source of guidance and direction for businesses and people interested in energy efficient elevators.
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Reasons to buy the energy efficient elevator market report:
- This report provides an accurate analysis to change competitive dynamics.
- It provides a prospective perspective on the different factors that drive or restrict market growth.
- It provides a five-year forecast evaluated based on how the market is expected to grow.
- It helps to understand the key product segments and their future
- It provides an accurate analysis of the changing dynamics of the competition and keeps it ahead of the competitors.
- It helps make informed business decisions by having a complete view of the market and making an in-depth analysis of market segments.
Key Market Trends:
Green buildings to boost market growth
– An industrial sector uses more energy than any other end use sector. The elevators are the crucial element that makes it practical to live and work several floors above the ground. Due to the increasing comfort requirements through the elevator, energy consumption in the industrial sector, as in the construction sector, is increasing, being one of the main reasons for an increasing amount of CO2 emissions.
– The demand for energy efficient products and greener buildings has grown in recent years and the increase in electricity prices has also been an important contribution to the demand for more energy efficient solutions.
– The elevators use a relatively small amount of energy compared to the total energy consumption of a building. At the same time, the elevators provide daily transportation service to passengers and contribute to the user's experience with the building, so they must be included in sustainability planning. As such, many architects, building owners and managers are incorporating ecological elevator strategies, such as traction elevators, regenerative units, etc.
– The biggest innovation in energy saving in elevator design is the traction elevator, which is up to 75% more energy efficient than the traditional hydraulic elevator. This results in a much more efficient system and does not require oil or other toxic contaminants.
– The machine roomless elevators (MRLs), which use gearless machines located in the elevator housing, create the opportunity to avoid the need for an elevator machine room, thereby increasing design flexibility and reducing the requirements for Square surface, materials and related costs. The same resources can be used efficiently and sustainably, which can help general market growth.
– Otis Elevator Company offers additional energy savings in its modern Gen2 MRL elevator. They also compacted the controller and transferred it to the elevator box, eliminating the need for a separate control room, which reduces total energy consumption.
Europe will record a significant growth rate during the forecast period
– The energy efficient European elevators are fueled by the growing demand for modernization of buildings and increased construction activity. According to the Institute of Energy Economics and the rational use of energy, it is expected that around 75% of the current power generation capacity will be replaced by 2030, which is definitely a determining factor for energy efficiency solutions.
– The residential and industrial sectors are consuming a greater part in the generation of energy in general in Europe. In addition, changing lifestyles is a factor that demands more comfort in buildings, which, in turn, is increasing the rate of energy consumption. National energy agencies can play an important role in raising awareness of the selection and proper functioning of low-lift elevator and escalator systems.
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The detailed TOC of the energy efficient elevator market report is:
1. INTRODUCTION
1.1 Study deliverables
1.2 Assumptions of the study
1.3 Scope of the study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market description
4.2 Introduction to market drivers and restrictions
4.3 Market drivers
4.3.1 Increasing demand for energy efficient systems
4.3.2 Due to the increase in electricity prices in high traffic applications
4.4 Market Restrictions
4.4.1 Lack of information and awareness of the rate of electricity consumption and lack of technological efficiency
4.5 Value chain analysis
4.6 Industry appeal: Porter's five forces analysis
4.6.1 Threat of new participants
4.6.2 Bargaining power of buyers / consumers
4.6.3 Bargaining power of suppliers
4.6.4 Threat of substitute products
4.6.5 Intensity of competitive rivalry
5 MARKET SEGMENTATION
5.1 By control systems
5.1.1 Elevator control system
5.1.2 Access control system
5.1.2.1 Card-based access control systems
5.1.2.2 Biometric access control solutions
5.1.2.3 Keyboard-based access control systems
5.2 By automation systems
5.2.1 Motors and controllers
5.2.2 Sensors and controllers
5.2.3 Building management systems
5.3 By end user
5.3.1 Industrial
5.3.2 Commercial
5.3.3 Residential
5.3.4 Other end users
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Russia
5.4.2.5 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Argentina
5.4.4.4 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 UAE
5.4.5.3 South Africa
5.4.5.4 Rest of the Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Hitachi Ltd.
6.1.2 Mitsubishi Electric Corporation
6.1.3 Fujitec Co., Ltd.
6.1.4 KONE
6.1.5 Schindler Group
6.1.6 OTIS elevator company
6.1.7 Hyundai Elevators Co., Ltd.
6.1.8 Thyssen Elevators Co., Ltd.
6.1.9 Honeywell International
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
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