1 INTRODUCTION 25
1.1 OBJECTIVES OF THE STUDY 25
1.2 MARKET DEFINITION 25
1.3 MARKET SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 PERIODIZATION CONSIDERED FOR THE ELEVATORS& ESCALATORS MARKET 27
1.4 CURRENCY CONSIDERED FOR THE ELEVATORS & ESCALATORS MARKET 27
1.5 UNIT CONSIDERED FOR THE ELEVATORS & ESCALATORS MARKET 27
1.6 STAKEHOLDERS 27
1.7 LIMITATIONS 28

2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key data from secondary sources 30
2.1.2 PRIMARY DATA 30
2.1.2.1 Key Data from Primary Sources 31
2.1.2.2 Key Industry Insights 31
2.1.2.2.1 Breakdown of primaries, by company type, designation, and region 31
2.2 MARKET SIZE ESTIMATION 32
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 34
2.4 MARKET SHARE ESTIMATION 35
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 35
2.5.1 ASSUMPTIONS 35
2.5.2 ASSUMPTIONS MADE FOR THIS STUDY 35
2.5.3 LIMITATIONS 36

3 EXECUTIVE SUMMARY 37
3.1 INCREASE IN NUMBER OF HIGH-RISE BUILDINGS TO DRIVE THE GROWTH OF ELEVATORS & ESCALATORS MARKET 37

4 PREMIUM INSIGHTS 41
4.1 ATTRACTIVE OPPORTUNITIES IN THE ELEVATORS & ESCALATORS MARKET 41
4.2 ELEVATORS & ESCALATORS MARKET 42
4.3 ELEVATORS & ESCALATORS MARKET, BY REGION 43
4.4 ELEVATORS & ESCALATORS MARKET, BY SERVICE 44
4.5 ELEVATORS & ESCALATORS MARKET IN EMERGING & DEVELOPED ECONOMIES 45
4.6 ELEVATORS & ESCALATORS MARKET, BY TYPE (VOLUME) 46
4.7 ELEVATORS & ESCALATORS LIFE CYCLE, BY REGION, 2016–2021 46

5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 EVOLUTION 47
5.3 ELEVATORS & ESCALATORS MARKET SEGMENTATION 48
5.4 MARKET DYNAMICS 48
5.4.1 DRIVERS 49
5.4.1.1 Rapid urbanization 49
5.4.1.2 Improvements in construction industry 51
5.4.1.3 Changing demographic trends 51
5.4.2 RESTRAINTS 52
5.4.2.1 Uncertainty and risk around global economy 52
5.4.2.2 High maintenance costs 53
5.4.3 OPPORTUNITIES 53
5.4.3.1 Adoption of green building codes and energy-efficient products 53
5.4.3.2 Development of innovative technologies and rising demand for smart elevators 54
5.4.4 CHALLENGES 54
5.4.4.1 Compliance with standards and regulations 54

6 ELEVATORS & ESCALATORS MARKET, BY TYPE 55
6.1 INTRODUCTION 56
6.2 ELEVATORS 57
6.2.1 PASSENGER ELEVATOR 57
6.2.1.1 Bed elevator 58
6.2.1.2 Service elevator 58
6.2.1.3 Observation elevator 58
6.2.1.4 Residential elevator 58
6.2.2 FREIGHT ELEVATOR 58
6.2.2.1 Dumbwaiters 59
6.2.2.2 Vehicle elevators 59
6.2.3 OTHERS 59
6.2.4 ELEVATORS MARKET, BY TYPE 60
6.2.4.1 Passenger elevators projected to grow at the highest CAGR from 2016 to 2021 60
6.2.5 ELEVATORS MARKET, BY SERVICE 61
6.2.5.1 New installation to grow at the highest rate during the forecast period 61
6.2.6 ELEVATORS MARKET, BY END-USE SECTOR 62
6.2.6.1 Residential segment dominated the elevators market in 2015 62

6.3 ESCALATORS 63
6.3.1 ESCALATORS MARKET, BY SERVICE 63
6.3.1.1 Maintenance & repair to grow at the second-highest rate from 2016 to 2021 63
6.3.2 ESCALATORS MARKET, BY END-USE SECTOR 64
6.3.2.1 Escalators are widely used in the commercial sector 64
6.4 MOVING WALKWAYS 65
6.4.1 MOVING WALKWAYS MARKET, BY SERVICE 65
6.4.1.1 Maintenance & repair to grow at the highest rate during the forecast period 65
6.4.2 MOVING WALKWAYS MARKET, BY END-USE SECTOR 66
6.4.2.1 Infrastructural sector to grow at the second-highest CAGR from
2016 to 2021 66

7 ELEVATORS & ESCALATORS MARKET, BY SERVICE 67
7.1 INTRODUCTION 68
7.1.1 ELEVATORS & ESCALATORS MARKET, BY SERVICE 68
7.1.1.1 New installation is projected to grow at the highest CAGR from
2016 to 2021 68
7.2 NEW INSTALLATION 69
7.3 MAINTENANCE & REPAIR 69
7.4 MODERNIZATION 70

8 ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 71
8.1 INTRODUCTION 72
8.1.1 ELEVATOR MARKET, BY TYPE 72
8.1.1.1 MRL traction is projected to grow at the highest CAGR from
2016 to 2021 72
8.2 TRACTION 73
8.3 MACHINE ROOM-LESS (MRL) TRACTION 73
8.4 HYDRAULIC 74

9 ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 75
9.1 INTRODUCTION 76
9.1.1 ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 77
9.1.1.1 The residential segment is projected to grow at the highest CAGR from 2016 to 2021 77
9.2 RESIDENTIAL SECTOR 78
9.3 COMMERCIAL SECTOR 78
9.4 INSTITUTIONAL SECTOR 78
9.5 INFRASTRUCTURAL SECTOR 78
9.6 OTHERS 79


10 ELEVATORS & ESCALATORS MARKET, BY REGION 80
10.1 INTRODUCTION 81
10.2 NORTH AMERICA 82
10.2.1 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 84
10.2.1.1 U.S. dominated the elevators & escalators market in the North American region in 2015 84
10.2.2 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY TYPE 85
10.2.2.1 Elevators projected to be the fastest-growing segment in North America 85
10.2.3 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY SERVICE 86
10.2.3.1 Modernization segment dominated the North American elevators & escalators market in 2015 86
10.2.4 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 87
10.2.4.1 MRL traction technology projected to be the fastest-growing segment from 2016 to 2021 87
10.2.5 NORTH AMERICA: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 88
10.2.5.1 Residential sector projected to be the fastest-growing segment 88
10.2.6 U.S. 89
10.2.7 U.S.: ELEVATORS & ESCALATORS MARKET, BY TYPE 89
10.2.7.1 Elevators projected to be the fastest-growing segment 89
10.2.8 U.S.: ELEVATORS & ESCALATORS MARKET, BY SERVICE 90
10.2.8.1 Modernization dominated the U.S. market in 2015 90
10.2.9 U.S.: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 91
10.2.9.1 MRL traction technology projected to be the fastest-growing segment in U.S. 91
10.2.10 U.S.: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 92
10.2.10.1 Residential segment dominated the U.S. elevators & escalators market in 2015 92
10.2.11 CANADA 93
10.2.12 CANADA: ELEVATORS & ESCALATORS MARKET, BY TYPE 93
10.2.12.1 Elevators projected to be the fastest-growing segment 93
10.2.13 CANADA: ELEVATORS & ESCALATORS MARKET, BY SERVICE 94
10.2.13.1 Maintenance & repair dominated the Canadian market in 2015 94
10.2.14 CANADA: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 95
10.2.14.1 MRL traction elevator technology projected to be the fastest-growing segment in Canada 95
10.2.15 CANADA: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 96
10.2.15.1 Residential segment dominated the Canadian elevators & escalators market in 2015 96
10.2.16 MEXICO 97
10.2.17 MEXICO: ELEVATORS & ESCALATORS MARKET, BY TYPE 97
10.2.17.1 Elevators projected to be the fastest-growing segment 97

10.2.18 MEXICO: ELEVATORS & ESCALATORS MARKET, BY SERVICE 98
10.2.18.1 Maintenance & repair segment dominated the Mexican market in 2015 98
10.2.19 MEXICO: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 99
10.2.19.1 Traction elevator technology dominated the elevators & escalators market in 2015 in Mexico 99
10.2.20 MEXICO: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 100
10.2.20.1 Residential segment dominated the Mexican elevators & escalators market in 2015 100
10.3 EUROPE 101
10.3.1 EUROPE: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 103
10.3.1.1 Germany is projected to be the fastest-growing elevators & escalators market in Europe from 2016 to 2021 103
10.3.2 EUROPE: ELEVATORS & ESCALATORS MARKET, BY TYPE 104
10.3.2.1 Elevators projected to be the fastest-growing type segment 104
10.3.3 EUROPE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 105
10.3.3.1 Modernization segment dominated the European market in 2015 105
10.3.4 EUROPE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 106
10.3.4.1 MRL traction technology projected to be the fastest-growing segment in Europe 106
10.3.5 EUROPE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 107
10.3.5.1 Residential segment dominated the European elevators & escalators market in 2015 107
10.3.6 GERMANY 108
10.3.7 GERMANY: ELEVATORS & ESCALATORS MARKET, BY TYPE 108
10.3.7.1 Escalators is projected to be the second-fastest-growing type segment 108
10.3.8 GERMANY: ELEVATORS & ESCALATORS MARKET, BY SERVICE 109
10.3.8.1 Maintenance & repair segment dominated the German market in 2015 109
10.3.9 GERMANY: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 110
10.3.9.1 MRL traction technology projected to be the fastest-growing segment in Germany 110
10.3.10 GERMANY: ELEVATORS & ESCALATORS MARKET, B END-USE SECTOR 111
10.3.10.1 Residential segment dominated the German elevators & escalators market in 2015 111
10.3.11 FRANCE 112
10.3.12 FRANCE: ELEVATORS & ESCALATORS MARKET, BY TYPE 112
10.3.12.1 Elevators projected to be the fastest-growing type segment 112
10.3.13 FRANCE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 113
10.3.13.1 Maintenance & repair projected to be the fastest-growing service segment 113
10.3.14 FRANCE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 114
10.3.14.1 MRL traction technology projected to be the fastest-growing segment in France 114

10.3.15 FRANCE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 115
10.3.15.1 Residential segment dominated the French elevators & escalators market in 2015 115
10.3.16 U.K. 116
10.3.17 U.K.: ELEVATORS & ESCALATORS MARKET, BY TYPE 116
10.3.17.1 Elevators segment projected to be the fastest-growing type segment 116
10.3.18 U.K.: ELEVATORS & ESCALATORS MARKET, BY SERVICE 117
10.3.18.1 Modernization segment dominated the U.K. market in 2015 117
10.3.19 U.K.: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 118
10.3.19.1 MRL traction technology projected to be the fastest-growing segment in the U.K. 118
10.3.20 U.K.: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 119
10.3.20.1 Commercial was the second-largest end-use segment in the U.K. elevators & escalators market in 2015 119
10.3.21 SPAIN 120
10.3.22 SPAIN: ELEVATORS & ESCALATORS MARKET, BY TYPE 120
10.3.22.1 Escalators projected to be the second-fastest-growing segment 120
10.3.23 SPAIN: ELEVATORS & ESCALATORS MARKET, BY SERVICE 121
10.3.23.1 Maintenance & repair segment dominated the Spain market in 2015 121
10.3.24 SPAIN: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 122
10.3.24.1 MRL traction technology projected to be the fastest-growing segment in Spain 122
10.3.25 SPAIN: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 123
10.3.25.1 Residential segment dominated the Spanish elevators & escalators market in 2015 123
10.3.26 ITALY 124
10.3.27 ITALY: ELEVATORS & ESCALATORS MARKET, BY TYPE 124
10.3.27.1 Elevators projected to be the fastest-growing segment 124
10.3.28 ITALY: ELEVATORS & ESCALATORS MARKET, BY SERVICE 125
10.3.28.1 Maintenance & repair dominated the Italian market in 2015 125
10.3.29 ITALY: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 126
10.3.29.1 MRL traction technology projected to be the fastest-growing segment in Italy 126
10.3.30 ITALY: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 127
10.3.30.1 Residential segment dominated the Italian elevators & escalators market in 2015 127
10.3.31 REST OF EUROPE 128
10.3.32 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY TYPE 128
10.3.32.1 Elevators projected to be the fastest-growing segment 128
10.3.33 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY SERVICE 129
10.3.33.1 Modernization dominated the Rest of Europe in 2015 129
10.3.34 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 130
10.3.34.1 MRL traction technology projected to be the fastest-growing segment in the Rest of Europe 130
10.3.35 REST OF EUROPE: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 131
10.3.35.1 Residential segment dominated the Rest of European elevators & escalators market in 2015 131
10.4 ASIA-PACIFIC 132
10.4.1 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 134
10.4.1.1 China is projected to be the fastest-growing elevators & escalators market in Asia-Pacific from 2016 to 2021 134
10.4.2 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY TYPE 135
10.4.2.1 Elevators is projected to be the fastest-growing type segment 135
10.4.3 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY SERVICE 136
10.4.3.1 Modernization segment dominated the Asia-Pacific market in 2015 136
10.4.4 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 137
10.4.4.1 MRL traction technology projected to be the fastest-growing segment in Asia-Pacific 137
10.4.5 ASIA-PACIFIC: ELEVATORS & ESCALATORS MARKET SIZE, BY END-USE SECTOR 138
10.4.5.1 Residential segment dominated the Asia-Pacific elevators & escalators market in 2015 138
10.4.6 CHINA 139
10.4.6.1 China: elevators & escalators market, by type 139
10.4.6.1.1 Elevators projected to be the fastest-growing type segment 139
10.4.6.2 China: Elevators & escalators market, by service 140
10.4.6.2.1 New installation segment dominated the market in 2015 140
10.4.6.3 China: Elevators & escalators market, by elevator technology 141
10.4.6.3.1 MRL traction technology projected to be the fastest-growing segment in China 141
10.4.6.4 China: Elevators & escalators market, by End-use Sector 142
10.4.6.4.1 Residential segment dominated the elevators & escalators market in 2015 in China 142
10.4.7 INDIA 143
10.4.7.1 India: elevators & escalators market, by type 143
10.4.7.1.1 Elevators projected to be the fastest-growing type segment 143
10.4.7.2 India: Elevators & escalators market, by service 144
10.4.7.2.1 Maintenance & repair segment dominated the Indian market in 2015 144
10.4.7.3 India: Elevators & escalators market, by elevator technology 145
10.4.7.3.1 MRL traction technology projected to be the fastest-growing segment in India 145
10.4.7.4 India: Elevators & escalators market, by End-use Sector 146
10.4.7.4.1 Residential segment dominated the Indian elevators & escalators market in 2015 146
10.4.8 JAPAN 147
10.4.8.1 Japan: elevators & escalators market, by type 147
10.4.8.1.1 Elevators projected to be the fastest-growing type segment 147
10.4.8.2 Japan: Elevators & escalators market, by service 148
10.4.8.2.1 Maintenance & repair segment projected to grow at the highest rate from 2016 to 2021 148
10.4.8.3 Japan: Elevators & escalators market, by elevator technology 149
10.4.8.3.1 MRL traction technology projected to be the fastest-growing segment in Japan 149
10.4.8.4 Japan: Elevators & escalators market, by End-use Sector 150
10.4.8.4.1 Residential segment dominated the Japanese elevators & escalators market in 2015 150
10.4.9 SOUTH KOREA 151
10.4.9.1 South Korea: elevators & escalators market, by type 151
10.4.9.1.1 Elevators projected to be the fastest-growing type segment 151
10.4.9.2 South Korea: Elevators & escalators market, by service 152
10.4.9.2.1 Maintenance & repair segment dominated the South Korean market in 2015 152
10.4.9.3 South Korea: Elevators & escalators market, by elevator technology 153
10.4.9.3.1 MRL traction technology projected to be the fastest-growing segment in South Korea 153
10.4.9.4 South Korea: Elevators & escalators market, by End-use Sector 154
10.4.9.4.1 Residential segment dominated the South Korean elevators & escalators market in 2015 154
10.4.10 REST OF ASIA-PACIFIC 155
10.4.10.1 Rest of Asia-Pacific: elevators & escalators market, by type 155
10.4.10.1.1 Elevators projected to be the fastest-growing type segment 155
10.4.10.2 Rest of Asia-Pacific: Elevators & escalators market, by service 156
10.4.10.2.1 Modernization segment dominated the Rest of Asia-Pacific market in 2015 156
10.4.10.3 Rest of Asia-Pacific: Elevators & escalators market, by elevator technology 157
10.4.10.3.1 MRL traction technology projected to be the fastest-growing segment in Rest of Asia-Pacific 157
10.4.10.4 Rest of Asia-Pacific: Elevators & escalators market, by End-use Sector 158
10.4.10.4.1 Residential segment dominated the Rest of Asia-Pacific elevators & escalators market in 2015 158
10.5 REST OF THE WORLD (ROW) 159
10.5.1 ROW: ELEVATORS & ESCALATORS MARKET, BY COUNTRY 160
10.5.1.1 UAE is projected to be the fastest-growing elevators & escalators market in RoW from 2016 to 2021 160
10.5.2 ROW: ELEVATORS & ESCALATORS MARKET, BY TYPE 161
10.5.2.1 Elevators projected to be the fastest-growing segment 161
10.5.3 ROW: ELEVATORS & ESCALATORS MARKET, BY SERVICE 162
10.5.3.1 Modernization dominated the RoW market in 2015 162
10.5.4 ROW: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 163
10.5.4.1 MRL traction technology projected to be the fastest-growing segment in RoW 163
10.5.5 ROW: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 164
10.5.5.1 Residential segment dominated the RoW elevators & escalators market in 2015 164
10.5.6 UAE 165
10.5.6.1 UAE: elevators & scalators market, by type 165
10.5.6.1.1 Elevator projected to be the fastest-growing segment 165
10.5.6.2 UAE: ELEVATORS & ESCALATORS market, by service 166
10.5.6.2.1 Maintenance & repair segment dominated the UAE market in 2015 166
10.5.6.3 UAE: ELEVATORS & ESCALATORS market, by elevator technology 167
10.5.6.3.1 MRL traction technology projected to be the fastest-growing segment in the UAE 167
10.5.6.4 UAE: ELEVATORS & ESCALATORS market, by end-use sector 168
10.5.6.4.1 Residential segment dominated the UAE elevators & escalators market in 2015 168
10.5.7 SAUDI ARABIA 169
10.5.7.1 Saudi Arabia: elevators & escalators market, by type 169
10.5.7.1.1 Elevators projected to be the fastest-growing segment 169
10.5.7.2 Saudi Arabia: ELEVATORS & ESCALATORS market, by service 170
10.5.7.2.1 Maintenance & repair segment dominated the Saudi Arabian market in 2015 170
10.5.7.3 Saudi Arabia: ELEVATORS & ESCALATORS market, by elevator technology 171
10.5.7.3.1 MRL traction technology projected to be the fastest-growing segment in Saudi Arabia 171
10.5.7.4 Saudi Arabia: ELEVATORS & ESCALATORS market, by end-use sector 172
10.5.7.4.1 Residential segment dominated the Saudi Arabian elevators & escalators market in 2015 172
10.5.8 BRAZIL 173
10.5.8.1 Brazil: elevators & escalators market, by type 173
10.5.8.1.1 Elevators projected to be the fastest-growing segment 173
10.5.8.2 Brazil: ELEVATORS & ESCALATORS market, by service 174
10.5.8.2.1 Modernization dominated the Brazilian market in 2015 174
10.5.8.3 Brazil: ELEVATORS & ESCALATORS market, by elevator technology 175
10.5.8.3.1 MRL traction technology projected to be the fastest-growing segment in Brazil 175
10.5.8.4 Brazil: ELEVATORS & ESCALATORS market, by end-use sector 176
10.5.8.4.1 Residential segment dominated the Brazilian elevators & escalators market in 2015 176
10.6 OTHERS IN ROW 177
10.6.1 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY TYPE 177
10.6.1.1 Elevators projected to be the fastest-growing segment 177
10.6.2 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY SERVICE 178
10.6.2.1 Maintenance & repair segment dominated the market in 2015 178
10.6.3 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY ELEVATOR TECHNOLOGY 179
10.6.3.1 MRL traction technology projected to be the fastest-growing segment 179
10.6.4 OTHERS IN ROW: ELEVATORS & ESCALATORS MARKET, BY END-USE SECTOR 180
10.6.4.1 Residential segment dominated the Others in RoW elevators & escalators market in 2015 180

11 COMPETITIVE LANDSCAPE 181
11.1 INTRODUCTION 181
11.2 COMPETITIVE SITUATIONS & TRENDS 182
11.2.1 CONTRACTS & AGREEMENTS 183
11.2.2 EXPANSIONS, ACQUISITIONS, JOINT VENTURES & STRATEGIC ALLIANCES 184
11.2.3 NEW PRODUCT DEVELOPMENT & INNOVATION 185

12 COMPANY PROFILES 186
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
12.1 INTRODUCTION 186
12.2 KONE CORPORATION 187
12.3 UNITED TECHNOLOGIES 190
12.4 SCHINDLER HOLDING LTD. 193
12.5 MITSUBISHI ELECTRIC CORPORATION 197
12.6 THYSSENKRUPP AG 200
12.7 FUJITEC CO., LTD. 203
12.8 HITACHI LTD. 205
12.9 HYUNDAI ELEVATOR CO., LTD. 207
12.10 TOSHIBA CORPORATION 209
12.11 ELECTRA LTD. 211
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.

13 APPENDIX 212
13.1 INSIGHTS OF INDUSTRY EXPERTS 212
13.2 DISCUSSION GUIDE 213
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 216
13.4 COMPANY DEVELOPMENTS 218
13.4.1 CONTRACTS & AGREEMENTS, 2015-2016 218
13.4.2 EXPANSIONS, ACQUISITIONS, JOINT VENTURES & STRATEGIC ALLIANCES, 2015-2016 226
13.4.3 NEW PRODUCT DEVELOPMENT & INNOVATION, 2015-2016 226
13.5 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 227
13.6 AVAILABLE CUSTOMIZATIONS 227
13.7 RELATED REPORTS 228