Energy consumption in buildings has significantly increased over the years and is now one of the major reasons for the growth in the CO2 emission. New energy efficient equipment can give rise to considerable energy savings. Traditional elevators use about 4% of the electricity in buildings. Many unexploited saving possibilities exist with respect to energy efficient technologies, investment decisions and behavioural approaches.
Energy efficient elevators operate on advanced systems like sensors, controllers, motors and drivers which help consume less energy and decreases the waiting time of passengers. According to KONE, a leading elevators manufacturing company in the world, buildings account for 40% of global energy consumption. Rising energy costs and increasing global awareness of protecting the environment have brought a global reconsideration in the planning, building and modernization of buildings.
Generally, Traditional elevators which have higher energy consumption and transit time are being used. Elevator manufacturers are producing premium elevators which not only consume less energy but also are very compact, efficient and also generate electricity in some cases using regenerative braking to support the system.
These advancements in the elevator technology will upsurge the growth of energy efficient elevators market in the coming years. Increasing urbanization will also have a positive impact on the number of lifts being installed every year. According to European Lift Association statistics, every year 115 lifts are being installed in Europe and major market share is claimed by residential buildings accounting to 64%, followed by 14% in office infrastructures.
Energy efficient elevators have state of the art digital security control systems such as biometrics, sensors, touch screen, destination dispatching and access control, which make these superior over normal elevators. The energy efficient elevators market is segmented on the basis of automation, end user applications, access control and geographical region in the report.
Based on geographical regions, the market has been categorized into Americas, Europe, APAC and RoW regions. In terms of end user applications, the energy efficient elevators are used in residential, institutional and commercial purposes.
1. Energy efficient elevators Market Overview
2. Executive Summary
3. Energy efficient elevators - Market Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user profiling
3.2.3. Patent Analysis
3.2.4. Top 5 Financials Analysis
4. Energy efficient elevators - Market Forces
4.1. Market Drivers
4.2. Market Constraints
4.3. Market Challenges
4.4. Attractiveness of the Energy efficient elevators Industry
4.4.1. Power of Suppliers
4.4.2. Power of Customers
4.4.3. Threat of New entrants
4.4.4. Threat of Substitution
4.4.5. Degree of Competition
5. Energy efficient elevators - Market Strategic Analysis
5.1. Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunities Analysis
5.4. Product/Market Life Cycle Analysis
5.5. Suppliers and Distributors
6. Energy efficient elevators - Market By Access Control
6.1. Card Based
6.2. Keypads & Touch screens
7. Energy efficient elevators Market - By Automation
7.1. Sensors & Controllers
7.2. Motors & Drivers
8. Energy efficient elevators Market - End user applications
9. Market Entropy
9.1. New Product Launches
9.2. M&As, Collaborations, JVs and Partnerships
10. Company Profiles (Overview, Financials, SWOT Analysis, Developments, Product Portfolio)
10.2. Schindler group
10.3. OTIS elevator company
10.4. Hyundai elevators co., Ltd.
10.5. Hitachi Ltd.
10.6. Fujitec Co., Ltd.
10.7. Mitsubishi Electric Corp
10.8. ThyssenKrupp Elevator AG.
10.9. Evident Technologies
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
11.3. Research Methodology
11.5. Compilation of Expert Insights