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Increasing Adoption of Energy-efficient Elevator and Escalator Market in Germany 2017-2021

Press Release   •   Jun 06, 2017 05:58 EDT

About Elevator and Escalator

Elevators and escalators are vertical transportation devices that help move people and goods easily and efficiently within a building. An elevator is a type of vertical transport equipment that efficiently moves passengers or goods between stories of a building, vessel, and other structures. Electric motors power these elevators. An escalator is a moving staircase or a conveyor transport equipment that moves passengers between stories of a building. Escalators include moving stairways and moving walkways. They include moving stairways and moving walkways. They are installed in commercial buildings, residential buildings, mixed-use buildings, education buildings, public transportation, healthcare, IT parks, hotels, restaurants, and retail outlets. They are also installed in parking areas to optimize the use of space.

Technavios analysts forecast the elevator and escalator market in Germany to grow at a CAGR of 5.26% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the elevator and escalator market in Germany for 2017-2021. To calculate the market size, the report considers the new installations, modernization, and maintenance services market.

Technavio's report, Elevator and Escalator Market in Germany 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors



Otis Elevator

thyssenkrupp Aufzge

Schmitt + Sohn

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Other prominent vendors



AAE Aufzugs-Anlagen-Engineering

A.R.G. (Schweiz)

AS Aufzug + Service (AS Elevator + Service)

Aufzug & Autoparksysteme Berlin

Brobeil Aufzge

Friedrich Daniels

Fuji Electric


KOHLER Elevator

LUTZ Elevators

Mayland Aufzge

Nunn Aufzuge

Omega Lifts


Market driver

Increasing adoption of energy-efficient elevators and escalators

For a full, detailed list, view our report

Market challenge

Economic profitability of investments in energy-efficient systems

For a full, detailed list, view our report

Market trend

Adoption of advanced materials for ropes

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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