In this report, Technavio covers the present scenario and growth prospects of the elevator and escalator market in the US for 2017-2021. To calculate the market size,we considered the revenue generated from various sources such as installing new units, maintenance of existing units, and modernization of existing units in the country during the forecast period.The report also presents the vendor landscape and a corresponding detailed analysis of the top six key vendors in the market, as well as a brief description of the other prominent vendors. The top vendors in the market have been selected based on our perception of their importance in the development of the elevator and escalator market in the US for 2016-2020. In addition, the report discusses the major drivers influencing market growth and the challenges faced by the vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

PART 01: Executive summary 6

PART 02: Scope of the report 17

Market overview 17

Top-vendor offerings 18

PART 03: Market research methodology 20

Research methodology 20

Economic indicators 20

PART 04: Introduction 21

Key market highlights 21

PART 05: Market landscape 26

Market overview 26

Market size and forecast 27

Five forces analysis 29

PART 06: Market segmentation by product 30

Elevator and escalator market in US by product 30

Elevator market in US 30

Escalator market in US 33

PART 07: Market segmentation by service 36

Elevator and escalator market in US by service 36

Elevator and escalator market in US by new

installations 36

Elevator and escalator market in US by modernization 39

PART 08: Market drivers 41

Changing demographics 41

Demand for modernization and maintenance 41

Increasing adoption of smart homes 42

PART 09: Impact of drivers 44

PART 10: Market challenges 45

PART 11: Impact of drivers and challenges 47

PART 12: Market trends 48

PART 13: Vendor landscape 50

Competitive landscape 50

Other prominent vendors 50

PART 14: Key vendor analysis 53

FUJITEC 53

KONE 54

Mitsubishi Electric US 59

Otis Elevator 62

Schindler 65

thyssenkrupp Elevator 68

Recent developments 70

PART 15: Appendix 71

List of abbreviations 71

PART 16: Explore Technavio 72