The report titled “France 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 France. The report covers France 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), 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, Schindler, ThyssenKrupp, Mitsubishi Electric, Ascenseurs CEPA, Copas Ascenseurs, Drieux-Combaluzier, Etna France and Sodimas Ascenseurs) in elevators and escalators market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.
France Elevators and Escalators Industry Overview
France is the second largest economy in Europe and amongst the top 6 in the word. The country has one of the best public transportation systems highlights of which are a robust road network and high speed trains across the country. More than 70% of the country’s population resides in urban areas. Major cities across the country are continuously expanding to accommodate the increasing number of population and internal migration towards these cities. The elevator and escalator market in the country has gradually grown in the country on the back of developing public infrastructure and growth of real estate sector in the country. The elevator and escalator market has grown at a rate of ~% during 2012-2017 in France. The market grew from USD ~ million in 2012 to USD ~ million in 2017.
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France Elevators and Escalators Market Segmentation
France Elevators and Escalators Market: The France 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 France. While the rest ~% (USD ~ million) of share in the market was contributed by maintenance and modernization of already installed equipments.
France Elevators Market Segmentation: The elevators market in the France 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.
France Escalators Market Segmentation: The escalators market in France 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 France in 2017.
Competitive Scenario in France 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 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 France elevator and escalator market are; Kone, Otis, Schindler, ThyssenKrupp, Mitsubishi Electric, Ascenseurs CEPA, Copas Ascenseurs, Drieux-Combaluzier, Etna France and Sodimas Ascenseurs.
French Elevators and Escalators Market Future Outlook
The revenue from the French elevators and escalators industry is projected to register gradual 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. The demand for new installations to replace the old equipment is likely to drive the elevators and escalators market in the country. The maintenance and modernization will also contribute substantial amount of revenue to the overall market. The real estate market in the country is expected to grow significantly. The number retail, office and residential spaces are likely to grow in future creating a demand for new installations. The modernization and expansion of the country’s rail infrastructure will present a great opportunity for the industry to grow in the country. The demand for installation of private elevators with customized designed is also likely to grow in the country.
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