Over the past five years, Elevator Installation and Maintenance industry revenue has grown from a cyclical trough in 2010-11 which corresponded with the slump in demand from the commercial building market. Installation demand has also been influenced by the introduction and withdrawal of government stimulus spending on infrastructure and educational buildings, and the withdrawal of homebuyer subsidies. The industry has benefited from the surge of investment in high-rise inner-city apartment projects, which require the installation of sophisticated elevator systems.
Companies in this industry are mainly engaged in the installation and maintenance of elevator, escalator and moving walkway systems in office buildings, shopping centres, stadiums, airports and other commercial buildings and structures.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.