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NEW YORK, June 15, 2017 /PRNewswire/ — Growing Mega Cities and Increasing Adoption of Machine-Roomless Technology to Drive Growth
The elevator market in Southeast Asia is at the growth stage. Of the four countries covered in the study, Thailand led the elevator demand in Southeast Asia by revenue and market share. This is followed by Vietnam, Indonesia, and the Philippines in descending order. Although the Philippines has the lowest share, it is expected to register the fastest growth in the region’s elevator market. Additionally, the market dynamic is expected to change at the end of the forecast period of 2021 with Vietnam and Indonesia.
Read the full report: http://www.reportlinker.com/p04948753/Southeast-Asian-Elevator-Market-Forecast-to.html
The Southeast Asia region has observed rapid growth in its urban population, particularly in developing countries. Building construction development, especially in the residential and commercial units, will drive a greater demand for new elevators. On the other hand, elevator modernization works are expected to be driven by the increasing focus on development of smart and green buildings or cities.
Growth of mega cities in Southeast Asia is a key market trend and opportunity. As a greater number of people migrate into these mega cities, the population densities are expected to increase. This is likely to drive the demand for tall buildings, which makes the need for elevators unavoidable. Next, the growing acceptance of machine-roomless elevators in recent years due to their attractive pricing and lack of need for machine rooms at the top level of the buildings has prompted higher demand for such elevators. Going forward, the market will experience consolidation of market participants, whereby large and international elevator companies will acquire local brands in Southeast Asia.
The market trends have been analyzed for a study period of 2016 to 2021. In addition to market revenue and unit shipment, key trends have been provided in each of the four countries covered in this study. Companies mentioned in the study include Hyundai Elevator, Kone, Mitsubishi Elevator, OTIS, Schindler, Sigma, and ThyssenKrupp Elevator.
Key Questions this Study will Answer:
• How is the elevator market growing in the fastest growing economies in Southeast Asia?
• Which are the leading elevator companies in these Southeast Asian countries?
• What are the key success factors and how is it different in each Southeast Asian elevator market?
• Where are the key opportunities and elevator customer segments in these countries?
Read the full report: http://www.reportlinker.com/p04948753/Southeast-Asian-Elevator-Market-Forecast-to.html
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Table of Contents
1. EXECUTIVE SUMMARY
Executive Summary
Key Findings
2. INTRODUCTION
Introduction
Market Scope
Definitions
Key Questions This Study Will Answer
3. MARKET OVERVIEW
Market Overview
Market Drivers
Drivers Explained
Market Restraints
Restraints Explained
Total Elevator Market—Percent Revenue and Unit Shipment Breakdown by Project Type
Total New Elevator Installation Market—Unit Shipment and Revenue Forecast
Total New Elevator Installation Market—Percent Revenue and Unit Shipment Breakdown by End Users
4. INDONESIA
Indonesia
Indonesian Elevator Market—Percent Revenue and Unit Shipment Breakdown by Project Type
Indonesian New Elevator Installation Market—Unit Shipment and Revenue Forecast
Indonesia New Elevator Installation Market—Percent Revenue and Unit Shipment Breakdown by End User
Market Trends
5. THAILAND
Thailand
Thailand Elevator Market—Percent Revenue and Unit Shipment Breakdown by Project Type
Thailand New Elevator Installation Market—Unit Shipment and Revenue Forecast
Thailand New Elevator Installation Market—Percent Revenue and Unit Shipment Breakdown by End Users
Market Trends
6. VIETNAM
Vietnam
Vietnam Elevator Market—Percent Revenue and Unit Shipment Breakdown by Project Type
Vietnam New Elevator Installation Market—Unit Shipment and Revenue Forecast
Vietnam New Elevator Installation Market—Percent Revenue and Unit Shipment Breakdown by End Users
Market Trends
7. THE PHILIPPINES
The Philippines
The Philippines Elevator Market—Percent Revenue and Unit Shipment Breakdown by Project Type
The Philippines New Elevator Installation Market—Unit Shipment and Revenue Forecast
The Philippines Elevator Installation Market—Percent Revenue and Unit Shipment Breakdown by End Users
Market Trends
8. GROWTH OPPORTUNITIES AND COMPANIES TO ACTION
Growth Opportunities and Companies to Action
Growth Opportunity 1—Growing Megacities
Growth Opportunity 2—Increasing Adoption of Machine- Roomless (MRL) Elevators
Growth Opportunity 3—Partnership or M&A for Market Quick Wins
Strategic Imperatives for Success and Growth
9. THE LAST WORD
The Last Word
Conclusions
Legal Disclaimer
10. THE FROST & SULLIVAN STORY
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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