PUBLISHED DATE : Apr 2022 | Pages : 105
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Indonesia Elevator and Escalator Market Size (Volume)
Indonesia Elevator Market Size (Volume)
Indonesia Escalator Market Size by Volume
Indonesia Elevator and Escalator Market Size, Share, & Trends Analysis Report by
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022–2028
105 Pages
14 Tables
65 Charts
1 Regions
1 Countries
15 Companies
4 Market Segment
| Report Attribute | Details |
|---|---|
| ELEVATORS & ESCALATORS MARKET SIZE BY NEW INSTALLED BASE | 6422 TH UNITS (2021) |
| ELEVATORS & ESCALATORS MARKET SIZE BY NEW INSTALLATION | 9041 TH UNITS (2028) |
| ELEVATORS & ESCALATORS MARKET SIZE BY INSTALLED BASE | 66,346 TH UNITS (2028) |
| CAGR | 5.01% (2022-2028) |
| ELEVATOR & ESCALATOR MARKET SIZE BY MORDERNIZATION | USD 12.5 BILLION (2028) |
| HISTORIC YEAR | 2019-2020 |
| BASE YEAR | 2021 |
| FORECAST YEAR | 2022-2028 |
| MACHINE TYPE | Hydraulic and Pneumatic, Machine Room Traction, Machine Room Less Traction, and Others |
| CARRAIGE TYPE | Passenger and Freight |
| CAPACITY | Person (2-15, 16-24, 25-33, and 34 and above) |
| END-USER | Commercial, Residential, Industrial and Others |
Indonesia's elevator and escalator market was valued at 6,422 units in 2021 and is expected to reach 9,041 units by 2028 growing at a CAGR of 5.01% during the forecast period. The growth is backed by the increased FDI spending in the construction sector and the construction of high-rise residential complexes to accommodate the country's rising population
Prominent Southeast Asia Elevator & Escalator Market
The government's focus on tourism led to expanding transport infrastructure, thereby resulting in escalators demand
Increasing Government Investment in Key Sectors
Increased New Installations
Maintenance & Modernization
VENDOR LANDSCAPE
Frequently Asked Questions
HOW BIG IS THE INDONESIA ELEVATOR AND ESCALATOR MARKET?
Indonesia Elevator & Escalator market by new installations were 6,422 units in 2021, which is expected to reach 9,041 units by 2028 growing at a CAGR of 5.01% during the forecast period (2022-2028).
WHAT ARE THE GROWTH FACTORS DRIVING THE ELEVATOR MARKET IN INDONESIA?
Construction of new dwellings to drive the elevator market in Indonesia.
WHO ARE THE KEY COMPANIES IN THE INDONESIA ELEVATOR AND ESCALATOR MARKET?
Some of the key companies include KONE, Mitsubishi Electric, Hitachi, TK Elevator, Hyundai Elevator, Otis, and Fujitec.
IN INDONESIA, HOW MANY ELEVATORS AND ESCALATORS HAVE BEEN INSTALLED?
In 2021, around 8683 elevators and escalators were installed in Indonesia.
Indonesia elevator and escalator market by new installations was 6,422 units in 2021, which is expected to reach 9,041 units by 2028 growing at a CAGR of 5.01%.
Due to increased FDI spending in the construction sector and the construction of high-rise residential complexes to accommodate the country's rising population, the elevator market in Indonesia is expected to grow faster than expected in 2021, with a medium year-on-year demand of 4.9% for the period 2023-2025.
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the Indonesia elevator and escalator market and its market dynamics for the period 2018−2024. The study covers a detailed overview of various market growth enablers, restraints, and trends. It covers both the demand and supply aspects of the market. The study profiles and analyzes leading companies and several other prominent companies operating globally.
Key Vendors
Other Prominent Vendors
Market Segmentation by Type
Market Segmentation by Carriage Type
Market Segmentation by Persons
Market Segmentation by End-Users
Section 1 Introduction
• Market Scope
Market Snapshot of Elevators
Market Snapshot of Escalators
• Executive Summary
Section 2 Indonesia Elevators Market
Future Outlook: Indonesia Elevators Market, By Volume
Section 2.1 Indonesia Elevators Market, By Volume
Indonesia Elevators Market Size and Forecast, Volume (Units)
Section 2.1.1 Indonesia Elevators Market- By Segments
2.1.1.1. Indonesia Elevators Market, By Type
2.1.1.2. Indonesia Elevators & Escalators Market by Carriage Type
2.1.1.3. Indonesia Elevators Market by Persons
2.1.1.4. Indonesia Elevators Market by End Users
Section 3 Indonesia Escalators Market
Future Outlook: Indonesia Escalators Market, By Volume
Section 3.1 Indonesia Escalators Market, By Volume
Indonesia Escalators Market Size and Forecast, Volume (Units), 2019–2028
Section 3.1.1 Indonesia Escalators Market- By Segments
3.1.1.1 Indonesia Escalator Market by Type
3.1.1.2 Indonesia Escalator Market by End users
Section 4 Indonesia Elevators & Escalators Market, by Service (Maintenance & Modernization)
Section 5 Geographic Analysis
Section 6 Advantages, Policies, Export & Import
Section 7 Market Dynamics
Section 8 Technological Development
Section 9 Competitive Landscape
1. Major Vendors
2. Other Prominent vendors
Section 10 Report Summary
1. Key Insights
LIST OF EXHIBITS
LIST OF TABLES
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