Market Overview:
The global spiral escalator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for spiral escalators from business and civil applications. Additionally, the growing adoption of frequency conversion technology in spiral escalators is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are restraining the growth of this market. The global spiral escalator market can be segmented on the basis of type into isokinetic operation and frequency conversion technology-based spirals. On the basis of application, this market can be segmented into business and civil applications. The business application segment dominates this market owing to its growing demand for efficient transportation solutions in commercial buildings and airports across different regions worldwide. The civil application segment is expected to grow at a higher CAGR during the forecast period due to increasing demand for safe and reliable transportation solutions in residential complexes, hospitals, educational institutions, etc.
Product Definition:
A spiral escalator is a type of escalator that moves passengers up or down in a helical pattern, allowing more people to be transported in a given space than a traditional straight escalator.
Isokinetic Operation:
Isokinetic operation is a method of moving machinery where the speed of movement of the machine parts remains constant. This eliminates any unwanted forces that may act on the patient and also reduces stress on healthcare professionals while providing efficient treatment.
The global spiral escalator market size was valued at USD 1,27,879 in 2015.
Frequency Conversion:
frequency conversion is the process of changing electric signal from one form to another by using different frequency. In spiral escalator, there are two types of frequencies used i.e., up-down and side-to-side frequencies. The up down frequency: Ours body produces a certain type of electromagnetic field known as Up Down Field (UDF).
Application Insights:
The business application segment accounted for the largest share of over 60.0% in 2017. The growth can be attributed to the increasing number of commercial construction projects, such as office buildings and shopping malls in emerging economies including China, India and Brazil. For instance, according to a study conducted by Jones Lang LaSalle Inc., there were approximately 5500 commercial construction projects across China with a total investment value of USD 270 billion in 2016-2017. This is expected to drive industry demand over the forecast period.
Civil applications include residential complexes and hotels that have multiple floors or levels with spiral stairs or escalators connecting them together. These types of installations are commonly found at airports, hospitals, government buildings (local & federal) educational institutions libraries etc., where civil engineering plays an important role in designing & building these facilities efficiently & economically while adhering to all applicable safety requirements such as slope angle limitations etc.
Regional Analysis:
Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing demand for technologically advanced and compact escalators. The region accounted for a share of more than 35% in 2017, which can be attributed to rising construction activities in countries such as China and India. In addition, growing passenger traffic on underground stations is expected to drive the demand for these machines across this region.
Europe also held a substantial revenue share in 2017 owing escalators being used mostly at airports and railway stations instead of elevators due their increased capacity, safety features, and efficiency during peak hours. Moreover, Europe has been witnessing an increase in infrastructure development with emphasis on transport facilities including railways as well as airways resulting into high product adoption across this region over the forecast period.
North America witnessed healthy growth from 2018 to 2030 with CAGR exceeding 5%.
Growth Factors:
- Increasing demand for efficient and space-saving transportation solutions in commercial and residential spaces
- Rising awareness about the benefits of spiral escalators over conventional ones
- Growing popularity of smart buildings that use advanced technologies such as spiral escalators for enhanced functionality and convenience
- Proliferation of construction projects in developing countries, where spiral escalators are increasingly being specified due to their low cost and easy installation
- Technological advancements that have led to the development of more energy-efficient and reliable spiral escalators
Scope Of The Report
Report Attributes
Report Details
Report Title
Spiral Escalator Market Research Report
By Type
Isokinetic Operation, Frequency Conversion
By Application
Business, Civil
By Companies
Kone Corporation, ThyssenKrupp Elevator AG, Otis Elevator Company, Canny Elevator, Fujitec, Hitachi, Hyundai Elevators, Johnson Lifts, Kleemann Group, Mitsubishi Electric Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Spiral Escalator Market Report Segments:
The global Spiral Escalator market is segmented on the basis of:
Types
Isokinetic Operation, Frequency Conversion
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business, Civil
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kone Corporation
- ThyssenKrupp Elevator AG
- Otis Elevator Company
- Canny Elevator
- Fujitec
- Hitachi
- Hyundai Elevators
- Johnson Lifts
- Kleemann Group
- Mitsubishi Electric Corporation
Highlights of The Spiral Escalator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Isokinetic Operation
- Frequency Conversion
- By Application:
- Business
- Civil
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Spiral Escalator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A spiral escalator is a type of moving staircase that moves in a helical or spiral pattern.
Some of the key players operating in the spiral escalator market are Kone Corporation, ThyssenKrupp Elevator AG, Otis Elevator Company, Canny Elevator, Fujitec, Hitachi, Hyundai Elevators, Johnson Lifts, Kleemann Group, Mitsubishi Electric Corporation.
The spiral escalator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Spiral Escalator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Spiral Escalator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Spiral Escalator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Spiral Escalator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Spiral Escalator Market Size & Forecast, 2018-2028
4.5.1 Spiral Escalator Market Size and Y-o-Y Growth
4.5.2 Spiral Escalator Market Absolute $ Opportunity
Chapter 5 Global Spiral Escalator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Spiral Escalator Market Size Forecast by Type
5.2.1 Isokinetic Operation
5.2.2 Frequency Conversion
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Spiral Escalator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Spiral Escalator Market Size Forecast by Applications
6.2.1 Business
6.2.2 Civil
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Spiral Escalator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Spiral Escalator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Spiral Escalator Analysis and Forecast
9.1 Introduction
9.2 North America Spiral Escalator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Spiral Escalator Market Size Forecast by Type
9.6.1 Isokinetic Operation
9.6.2 Frequency Conversion
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Spiral Escalator Market Size Forecast by Applications
9.10.1 Business
9.10.2 Civil
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Spiral Escalator Analysis and Forecast
10.1 Introduction
10.2 Europe Spiral Escalator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Spiral Escalator Market Size Forecast by Type
10.6.1 Isokinetic Operation
10.6.2 Frequency Conversion
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Spiral Escalator Market Size Forecast by Applications
10.10.1 Business
10.10.2 Civil
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Spiral Escalator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Spiral Escalator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Spiral Escalator Market Size Forecast by Type
11.6.1 Isokinetic Operation
11.6.2 Frequency Conversion
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Spiral Escalator Market Size Forecast by Applications
11.10.1 Business
11.10.2 Civil
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Spiral Escalator Analysis and Forecast
12.1 Introduction
12.2 Latin America Spiral Escalator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Spiral Escalator Market Size Forecast by Type
12.6.1 Isokinetic Operation
12.6.2 Frequency Conversion
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Spiral Escalator Market Size Forecast by Applications
12.10.1 Business
12.10.2 Civil
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Spiral Escalator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Spiral Escalator Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Spiral Escalator Market Size Forecast by Type
13.6.1 Isokinetic Operation
13.6.2 Frequency Conversion
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Spiral Escalator Market Size Forecast by Applications
13.10.1 Business
13.10.2 Civil
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Spiral Escalator Market: Competitive Dashboard
14.2 Global Spiral Escalator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kone Corporation
14.3.2 ThyssenKrupp Elevator AG
14.3.3 Otis Elevator Company
14.3.4 Canny Elevator
14.3.5 Fujitec
14.3.6 Hitachi
14.3.7 Hyundai Elevators
14.3.8 Johnson Lifts
14.3.9 Kleemann Group
14.3.10 Mitsubishi Electric Corporation
