Japan Elevators and Escalators Market Outlook to 2022: Ken Research

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Japan Elevators and Escalators Market Outlook to
2022 Ken Research
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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),
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• 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 countrys
  population resides in urban areas. There has been
  a significant

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• 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.

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• 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.

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• 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

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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
worlds 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
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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.
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• 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
  countrys 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 Schindlers
  Japanese business by Otis Japan has made the
  market more concentrated and strengthened the

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• 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

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• 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
• For more information on the research report,
  refer to below link
• https//www.kenresearch.com/manufacturing-and-cons
  truction/machinery-and-parts/japan-elevators-escal
  ators-industry-research-report/142911-97.html
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Marketing Communications sales_at_kenresearch.com
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