Assessment of COVID-19's Effect on Hydraulic Elevators Market 2020-2024 | Lower Maintenance Costs and Higher Safety to Augment Growth | Technavio

Technavio has announced its latest market research report titled Global Hydraulic Elevators Market 2020-2024

LONDON--(BUSINESS WIRE)--Jun 22, 2020--

Technavio has been monitoring the hydraulic elevators market and it is poised to grow by USD 586.46 million during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Hydraulic Elevators Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Bucher Industries AG, CIRCOR International Inc., Delta Elevator Co. Ltd., GAL Manufacturing Company LLC, KLEEMANN HELLAS SA, Mitsubishi Electric Corp., Schindler Holding Ltd., Schumacher Elevator Co., thyssenkrupp AG, and United Technologies Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Lower maintenance costs and higher safety has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/hydraulic-elevators-market-industry-analysis

Hydraulic Elevators Market 2020-2024: Segmentation

Hydraulic Elevators Market is segmented as below:

  • Type
    • Hole-less Hydraulic Elevators
    • Holed Hydraulic Elevators
    • Roped Hydraulic Elevators
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40792

Hydraulic Elevators Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The hydraulic elevators market report covers the following areas:

  • Hydraulic Elevators Market Size
  • Hydraulic Elevators Market Trends
  • Hydraulic Elevators Market Analysis

This study identifies advances in the field of elevator maintenance as one of the prime reasons driving the hydraulic elevators market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Hydraulic Elevators Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist hydraulic elevators market growth during the next five years
  • Estimation of the hydraulic elevators market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the hydraulic elevators market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hydraulic elevators market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Value chain analysis
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market Outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Hole-less hydraulic elevators - Market size and forecast 2019-2024
  • Holed hydraulic elevators - Market size and forecast 2019-2024
  • Roped hydraulic elevators - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Development of hydraulic infinite linear actuator (HILA) system
  • Advances in the field of elevator maintenance
  • Growing emphasis on modernizing elevator components

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bucher Industries AG
  • CIRCOR International Inc.
  • Delta Elevator Co. Ltd.
  • GAL Manufacturing Company LLC
  • KLEEMANN HELLAS SA
  • Mitsubishi Electric Corp.
  • Schindler Holding Ltd.
  • Schumacher Elevator Co.
  • thyssenkrupp AG
  • United Technologies Corp.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY BUILDING SYSTEMS

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 06/22/2020 10:23 AM/DISC: 06/22/2020 10:23 AM

Copyright Business Wire 2020.