Table of Content

1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16

2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.2 Major Growth Drivers 19
2.3 Market Restraints and Challenges 22
2.4 Emerging Opportunities and Market Trends 25
2.5 Porter’s Fiver Forces Analysis 29

3 Segmentation of North America Market by Modernization Type 33
3.1 Market Overview by Modernization Type 33
3.2 Full Modernization 35
3.3 Partial Modernization 36

4 Segmentation of North America Market by Elevator Type 37
4.1 Market Overview by Elevator Type 37
4.2 Hydraulic Elevators 39
4.2.1 Conventional Hydraulic Elevators 40
4.2.2 Hole-less Hydraulic Elevators 41
4.2.3 Roped Hydraulic Elevators 42
4.3 Traction Elevators 43
4.3.1 Geared Traction Elevators 45
4.3.2 Gear-less Traction Elevators 46
4.3.3 Machine Room-Less Elevators 47
4.4 Climbing Elevators 48
4.5 Pneumatic/Vacuum Elevators 49

5 Segmentation of North America Market by Component 50
5.1 Market Overview by Component 50
5.2 Power Units 52
5.3 Cabin Enclosures 53
5.4 Controllers 54
5.5 Signaling Fixtures 55
5.6 Door Equipment 56
5.7 Other Components 57

6 Segmentation of North America Market by Application 58
6.1 Market Overview by Application 58
6.2 Industrial Application 60
6.3 Residential Application 61
6.4 Commercial Application 62

7 North America Market 2019-2026 by Country 63
7.1 Overview of North America Market 63
7.2 U.S. 66
7.3 Canada 70
7.4 Mexico 72

8 Competitive Landscape 74
8.1 Overview of Key Vendors 74
8.2 New Product Launch, Partnership, Investment, and M&A 77
8.3 Company Profiles 78
Doppler S.A. 78
Fujitec Co., Ltd. 80
Hitachi, Ltd. 81
Hyundai Elevator Co., Ltd. 82
Johnson Lifts Private Ltd 83
KONE Corporation 84
Magnetek, Inc. 85
Mitsubishi Electric Corporation 86
Otis Elevator Company 87
Richmond Elevator (REM) 88
Schindler Holding Ltd. 89
Sematic S.p.A 90
Siemens AG 91
ThyssenKrupp Elevator AG 92
Toshiba Elevator and Building Systems Corporation (TOSHIBA) 93
United Technologies Corporation 94
Wittur Group 95

9 Investing in North America Market: Risk Assessment and Management 96
9.1 Risk Evaluation of North America Market 96
9.2 Critical Success Factors (CSFs) 99
Related Reports and Products 102



List of Figures


Figure 1. Research Method Flow Chart 10
Figure 2. Breakdown of Primary Research 12
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 16
Figure 5. North America Elevator Modernization Market, 2019-2026, $ mn 18
Figure 6. Primary Drivers and Impact Factors of North America Elevator Modernization Market 19
Figure 7. Primary Restraints and Impact Factors of North America Elevator Modernization Market 22
Figure 8. Investment Opportunity Analysis 26
Figure 9. Porter’s Fiver Forces Analysis of North America Elevator Modernization Market 29
Figure 10. Breakdown of North America Elevator Modernization Market by Modernization Type, 2019-2026, % of Revenue 33
Figure 11. Contribution to North America 2020-2026 Cumulative Revenue by Modernization Type, Value ($ mn) and Share (%) 34
Figure 12. North America Elevator Modernization Market: Full Modernization, 2015-2026, $ mn 35
Figure 13. North America Elevator Modernization Market: Partial Modernization, 2015-2026, $ mn 36
Figure 14. Breakdown of North America Elevator Modernization Market by Elevator Type, 2019-2026, % of Revenue 37
Figure 15. Contribution to North America 2020-2026 Cumulative Revenue by Elevator Type, Value ($ mn) and Share (%) 38
Figure 16. North America Elevator Modernization Market: Hydraulic Elevators, 2015-2026, $ mn 39
Figure 17. North America Elevator Modernization Market: Conventional Hydraulic Elevators, 2015-2026, $ mn 40
Figure 18. North America Elevator Modernization Market: Hole-less Hydraulic Elevators, 2015-2026, $ mn 41
Figure 19. North America Elevator Modernization Market: Roped Hydraulic Elevators, 2015-2026, $ mn 42
Figure 20. North America Elevator Modernization Market: Traction Elevators, 2015-2026, $ mn 43
Figure 21. North America Elevator Modernization Market: Geared Traction Elevators, 2015-2026, $ mn 45
Figure 22. North America Elevator Modernization Market: Gear-less Traction Elevators, 2015-2026, $ mn 46
Figure 23. North America Elevator Modernization Market: Machine Room-Less Elevators, 2015-2026, $ mn 47
Figure 24. North America Elevator Modernization Market: Climbing Elevators, 2015-2026, $ mn 48
Figure 25. North America Elevator Modernization Market: Pneumatic/Vacuum Elevators, 2015-2026, $ mn 49
Figure 26. Breakdown of North America Elevator Modernization Market by Component, 2019-2026, % of Revenue 50
Figure 27. Contribution to North America 2020-2026 Cumulative Revenue by Component, Value ($ mn) and Share (%) 51
Figure 28. North America Elevator Modernization Market: Power Units, 2015-2026, $ mn 52
Figure 29. North America Elevator Modernization Market: Cabin Enclosures, 2015-2026, $ mn 53
Figure 30. North America Elevator Modernization Market: Controllers, 2015-2026, $ mn 54
Figure 31. North America Elevator Modernization Market: Signaling Fixtures, 2015-2026, $ mn 55
Figure 32. North America Elevator Modernization Market: Door Equipment, 2015-2026, $ mn 56
Figure 33. North America Elevator Modernization Market: Other Components, 2015-2026, $ mn 57
Figure 34. Breakdown of North America Elevator Modernization Market by Application, 2019-2026, % of Revenue 58
Figure 35. Contribution to North America 2020-2026 Cumulative Revenue by Application, Value ($ mn) and Share (%) 59
Figure 36. North America Elevator Modernization Market: Industrial Application, 2015-2026, $ mn 60
Figure 37. North America Elevator Modernization Market: Residential Application, 2015-2026, $ mn 61
Figure 38. North America Elevator Modernization Market: Commercial Application, 2015-2026, $ mn 62
Figure 39. Breakdown of North America Elevator Modernization Market by Country, 2019 and 2026, % of Revenue 64
Figure 40. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 65
Figure 41. U.S. Elevator Modernization Market, 2015-2026, $ mn 67
Figure 42. Canada Elevator Modernization Market, 2015-2026, $ mn 70
Figure 43. Elevator Modernization Market in Mexico, 2015-2026, $ mn 72
Figure 44. Growth Stage of North America Elevator Modernization Industry over the Forecast Period 74


List of Tables


Table 1. Snapshot of North America Elevator Modernization Market, 2019-2026 17
Table 2. Main Product Trends and Market Opportunities in North America Elevator Modernization Market 25
Table 3. North America Elevator Modernization Market by Modernization Type, 2015-2026, $ mn 33
Table 4. North America Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 37
Table 5. North America Elevator Modernization Market: Hydraulic Elevators by Elevator Type, 2015-2026, $ mn 39
Table 6. North America Elevator Modernization Market: Traction Elevators by Elevator Type, 2015-2026, $ mn 43
Table 7. North America Elevator Modernization Market by Component, 2015-2026, $ mn 50
Table 8. North America Elevator Modernization Market: Controllers by Type, 2015-2026, $ mn 54
Table 9. North America Elevator Modernization Market by Application, 2015-2026, $ mn 58
Table 10. North America Elevator Modernization Market by Country, 2015-2026, $ mn 64
Table 11. U.S. Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 68
Table 12. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 68
Table 13. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 68
Table 14. Canada Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 71
Table 15. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 71
Table 16. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 71
Table 17. Mexico Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 73
Table 18. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 73
Table 19. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 73
Table 20. Doppler S.A.: Company Snapshot 78
Table 21. Doppler S.A.: Business Segmentation 78
Table 22. Doppler S.A.: Product Portfolio 79
Table 23. Doppler S.A.: Revenue, 2016-2018, $ mn 79
Table 24. Doppler S.A.: Recent Developments 79
Table 25. Risk Evaluation for Investing in North America Market, 2019-2026 97
Table 26. Critical Success Factors and Key Takeaways 100