Table of Content

1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17

2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 31

3 Segmentation of Europe Market by Modernization Type 35
3.1 Market Overview by Modernization Type 35
3.2 Full Modernization 37
3.3 Partial Modernization 38

4 Segmentation of Europe Market by Elevator Type 39
4.1 Market Overview by Elevator Type 39
4.2 Hydraulic Elevators 41
4.2.1 Conventional Hydraulic Elevators 42
4.2.2 Hole-less Hydraulic Elevators 43
4.2.3 Roped Hydraulic Elevators 44
4.3 Traction Elevators 45
4.3.1 Geared Traction Elevators 46
4.3.2 Gear-less Traction Elevators 47
4.3.3 Machine Room-Less Elevators 48
4.4 Climbing Elevators 49
4.5 Pneumatic/Vacuum Elevators 50

5 Segmentation of Europe Market by Component 51
5.1 Market Overview by Component 51
5.2 Power Units 53
5.3 Cabin Enclosures 54
5.4 Controllers 55
5.5 Signaling Fixtures 56
5.6 Door Equipment 57
5.7 Other Components 58

6 Segmentation of Europe Market by Application 59
6.1 Market Overview by Application 59
6.2 Industrial Application 61
6.3 Residential Application 62
6.4 Commercial Application 63

7 European Market 2019-2026 by Country 64
7.1 Overview of European Market 64
7.2 UK 67
7.3 France 69
7.4 Germany 71
7.5 Spain 73
7.6 Italy 75
7.7 Russia 77
7.8 Rest of European Market 79

8 Competitive Landscape 81
8.1 Overview of Key Vendors 81
8.2 New Product Launch, Partnership, Investment, and M&A 84
8.3 Company Profiles 85
Doppler S.A. 85
Fujitec Co., Ltd. 87
Hitachi, Ltd. 88
Hyundai Elevator Co., Ltd. 89
Johnson Lifts Private Ltd 90
KONE Corporation 91
Magnetek, Inc. 92
Mitsubishi Electric Corporation 93
Otis Elevator Company 94
Richmond Elevator (REM) 95
Schindler Holding Ltd. 96
Sematic S.p.A 97
Siemens AG 98
ThyssenKrupp Elevator AG 99
Toshiba Elevator and Building Systems Corporation (TOSHIBA) 100
United Technologies Corporation 101
Wittur Group 102

9 Investing in Europe Market: Risk Assessment and Management 103
9.1 Risk Evaluation of Europe Market 103
9.2 Critical Success Factors (CSFs) 106
Related Reports and Products 109



List of Figures


Figure 1. Research Method Flow Chart 11
Figure 2. Breakdown of Primary Research 13
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026 17
Figure 5. Europe Elevator Modernization Market, 2019-2026, $ mn 20
Figure 6. Primary Drivers and Impact Factors of Europe Elevator Modernization Market 21
Figure 7. Primary Restraints and Impact Factors of Europe Elevator Modernization Market 24
Figure 8. Investment Opportunity Analysis 28
Figure 9. Porter’s Fiver Forces Analysis of Europe Elevator Modernization Market 31
Figure 10. Breakdown of Europe Elevator Modernization Market by Modernization Type, 2019-2026, % of Revenue 35
Figure 11. Contribution to Europe 2020-2026 Cumulative Revenue by Modernization Type, Value ($ mn) and Share (%) 36
Figure 12. Europe Elevator Modernization Market: Full Modernization, 2015-2026, $ mn 37
Figure 13. Europe Elevator Modernization Market: Partial Modernization, 2015-2026, $ mn 38
Figure 14. Breakdown of Europe Elevator Modernization Market by Elevator Type, 2019-2026, % of Revenue 39
Figure 15. Contribution to Europe 2020-2026 Cumulative Revenue by Elevator Type, Value ($ mn) and Share (%) 40
Figure 16. Europe Elevator Modernization Market: Hydraulic Elevators, 2015-2026, $ mn 41
Figure 17. Europe Elevator Modernization Market: Conventional Hydraulic Elevators, 2015-2026, $ mn 42
Figure 18. Europe Elevator Modernization Market: Hole-less Hydraulic Elevators, 2015-2026, $ mn 43
Figure 19. Europe Elevator Modernization Market: Roped Hydraulic Elevators, 2015-2026, $ mn 44
Figure 20. Europe Elevator Modernization Market: Traction Elevators, 2015-2026, $ mn 45
Figure 21. Europe Elevator Modernization Market: Geared Traction Elevators, 2015-2026, $ mn 46
Figure 22. Europe Elevator Modernization Market: Gear-less Traction Elevators, 2015-2026, $ mn 47
Figure 23. Europe Elevator Modernization Market: Machine Room-Less Elevators, 2015-2026, $ mn 48
Figure 24. Europe Elevator Modernization Market: Climbing Elevators, 2015-2026, $ mn 49
Figure 25. Europe Elevator Modernization Market: Pneumatic/Vacuum Elevators, 2015-2026, $ mn 50
Figure 26. Breakdown of Europe Elevator Modernization Market by Component, 2019-2026, % of Revenue 51
Figure 27. Contribution to Europe 2020-2026 Cumulative Revenue by Component, Value ($ mn) and Share (%) 52
Figure 28. Europe Elevator Modernization Market: Power Units, 2015-2026, $ mn 53
Figure 29. Europe Elevator Modernization Market: Cabin Enclosures, 2015-2026, $ mn 54
Figure 30. Europe Elevator Modernization Market: Controllers, 2015-2026, $ mn 55
Figure 31. Europe Elevator Modernization Market: Signaling Fixtures, 2015-2026, $ mn 56
Figure 32. Europe Elevator Modernization Market: Door Equipment, 2015-2026, $ mn 57
Figure 33. Europe Elevator Modernization Market: Other Components, 2015-2026, $ mn 58
Figure 34. Breakdown of Europe Elevator Modernization Market by Application, 2019-2026, % of Revenue 59
Figure 35. Contribution to Europe 2020-2026 Cumulative Revenue by Application, Value ($ mn) and Share (%) 60
Figure 36. Europe Elevator Modernization Market: Industrial Application, 2015-2026, $ mn 61
Figure 37. Europe Elevator Modernization Market: Residential Application, 2015-2026, $ mn 62
Figure 38. Europe Elevator Modernization Market: Commercial Application, 2015-2026, $ mn 63
Figure 39. Breakdown of European Elevator Modernization Market by Country, 2019 and 2026, % of Revenue 65
Figure 40. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%) 66
Figure 41. Elevator Modernization Market in UK, 2015-2026, $ mn 67
Figure 42. Elevator Modernization Market in France, 2015-2026, $ mn 69
Figure 43. Elevator Modernization Market in Germany, 2015-2026, $ mn 71
Figure 44. Elevator Modernization Market in Spain, 2015-2026, $ mn 73
Figure 45. Elevator Modernization Market in Italy, 2015-2026, $ mn 75
Figure 46. Elevator Modernization Market in Russia, 2015-2026, $ mn 77
Figure 47. Elevator Modernization Market in Rest of Europe, 2015-2026, $ mn 79
Figure 48. Growth Stage of Europe Elevator Modernization Industry over the Forecast Period 81


List of Tables


Table 1. Snapshot of Europe Elevator Modernization Market, 2019-2026 18
Table 2. Main Product Trends and Market Opportunities in Europe Elevator Modernization Market 27
Table 3. Europe Elevator Modernization Market by Modernization Type, 2015-2026, $ mn 35
Table 4. Europe Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 39
Table 5. Europe Elevator Modernization Market: Hydraulic Elevators by Elevator Type, 2015-2026, $ mn 41
Table 6. Europe Elevator Modernization Market: Traction Elevators by Elevator Type, 2015-2026, $ mn 45
Table 7. Europe Elevator Modernization Market by Component, 2015-2026, $ mn 51
Table 8. Europe Elevator Modernization Market: Controllers by Type, 2015-2026, $ mn 55
Table 9. Europe Elevator Modernization Market by Application, 2015-2026, $ mn 59
Table 10. Europe Elevator Modernization Market by Country, 2015-2026, $ mn 66
Table 11. UK 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. France Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 70
Table 15. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 70
Table 16. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 70
Table 17. Germany Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 72
Table 18. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 72
Table 19. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 72
Table 20. Spain Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 74
Table 21. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 74
Table 22. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 74
Table 23. Italy Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 76
Table 24. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 76
Table 25. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 76
Table 26. Russia Elevator Modernization Market by Elevator Type, 2015-2026, $ mn 78
Table 27. U.S. Elevator Modernization Market by Component, 2015-2026, $ mn 78
Table 28. U.S. Elevator Modernization Market by Application, 2015-2026, $ mn 78
Table 29. Elevator Modernization Market in Rest of Europe by Country, 2015-2026, $ mn 80
Table 30. Doppler S.A.: Company Snapshot 85
Table 31. Doppler S.A.: Business Segmentation 85
Table 32. Doppler S.A.: Product Portfolio 86
Table 33. Doppler S.A.: Revenue, 2016-2018, $ mn 86
Table 34. Doppler S.A.: Recent Developments 86
Table 35. Risk Evaluation for Investing in Europe Market, 2019-2026 104
Table 36. Critical Success Factors and Key Takeaways 107