The “Elevator Manufacturing in the US – Market Size, Industry Analysis, Trends and Forecasts (2024-2029)” report is now available on ResearchAndMarkets.com.
This comprehensive report provides insights into the industry’s scope, size, and growth, including key factors affecting success. It features a five-year forecast, growth rates, and analysis of major industry players and their market shares. The elevator manufacturing sector, which produces elevator cars, hoisting systems, and escalators for various types of buildings, is heavily influenced by trends in the construction sector. The pandemic’s impact on construction, with reduced demand due to work-from-home trends and economic uncertainty, has led to a decline in revenue, with a projected drop of 1.7% CAGR to $3.7 billion by 2023, including a 2.8% decline in 2023 alone.
Key Topics Covered:
- Industry Overview: Definition, main activities, related industries, additional resources
- Performance Analysis: Executive summary, key external drivers, current performance, outlook, life cycle
- Products & Markets: Supply chain, products & services, demand determinants, major markets, international trade, business locations
- Competitive Landscape: Market share, key success factors, cost structure, competition, entry barriers, globalization
- Major Companies: Schindler Group, Otis Worldwide Corporation, One Inc., TK Elevator GmbH
- Operating Conditions: Capital intensity, technology, revenue volatility, regulation, industry assistance
- Key Statistics: Data, annual changes, key ratios
- Jargon & Glossary
For more details, visit ResearchAndMarkets.com.