Elevators and Escalators Market in the UK Driver for Boom in high-rise construction 2019

Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building’s premises. They are installed in residential buildings and commercial buildings such as IT parks, hotels, restaurants, and retail outlets. They are also installed in public places to improve vehicle parking management.

The analysts forecast elevator and escalator market in the UK to grow at a CAGR of 6.08% in terms of new installed units during 2014-2019.

Covered in this Report

The report, includes the present scenario and growth prospects of the elevator and escalator market in the UK for 2015-2019. To calculate the market size, we consider the number of new elevator and escalator units installed in the country during the forecast period.

The report also presents the vendor landscape and a corresponding detailed analysis of the four key vendors in the market, and a brief description on the other prominent vendors. In addition, the report discusses the major drivers that influence the growth of the elevator and escalator market in the UK, outlines the challenges faced by the vendors and the market at large, and highlights the key trends in the market.

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Key customer segments

• Commercial customers
• Non-commercial customers

Key vendors

• Fujitec UK
• KONE GB
• Otis UK and Ireland
• Schindler UK
• ThyssenKrupp Elevator UK

Other prominent vendors

• Mitsubishi Electric Europe
• Stannah Lifts
• Titan Elevators
• UKLE

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