Please Wait.....
Report
Australia Elevators and Escalators - Market Size and Growth Forecast 2022-2028
Market Report I 2022-07-27 I 107 Pages I Arizton Advisory & Intelligence
Australia Elevator and Escalator market is expected to grow at a CAGR of 4.67% during 2022-2028
KEY HIGHLIGHTS IN THE REPORT
- The Australian Government's Smart Cities Plan outlines the government's vision for cities and a strategy for maximizing their potential. The Australian government will contribute $50 million to help with the planning and implementation and construction works of big infrastructure transformation projects.
- The 2020-21 tourism investment pipeline included 225 projects with a total investment of $42.8 billion. 40 projects in the proposal phase valued at $14.0 billion, 108 projects in the planning phase valued at $13.1 billion, and 77 projects under construction with a budget of $15.7 billion.
- Directions 2031 is a high-level spatial framework and strategic plan that establishes a vision for the future growth of the metropolitan Perth and Peel region. Directions 2031 has also identified the need to introduce an urban expansion management program.
- In 2020, the Australian government established Building 4.0 CRC as part of its cooperative research center initiative. Building 4.0 CRC will drive the construction industry into an efficient, connected, and customer-centric future through deep collaboration and emerging 4th industrial age technology.
Expanding Infrastructure & Commercial Construction to hike Escalator's demand
- A commercial tower with an investment of $3 billion is being developed at 50 Bridge Street. It is currently being delivered by the AMP Capital Diversified Property Fund and AMP Capital Wholesale Office Fund. The project comprises of 97,000sq m area and is expected to be delivered by 2022.
- Plans for a $1 billion office tower and build-to-rent apartments on Melbourne's North bank have been approved. The development site at 7 Spencer Street will include a 20-story office tower; the second tower comprises 472 apartments designed exclusively for renters.
The Trajectory for Low Energy Buildings initiative for residential and commercial buildings to boost demand for the installation of energy-efficient elevators.
- The heritage-listed Pentridge Prison in Melbourne's inner-north is undergoing a $1 billion retail and residential transformation. The first stage of the shopping area and apartment project includes a 15-screen cinema, more than 20 specialty stores, and 500 underground parking spaces, which are set to open at the end of 2025.
- The 30,000 sq m commercial tower planned at 39 Martin Place is already under construction with an investment of $1.5 billion and is expected to be operating by 2026.
- A $760 million investment has been allotted to redevelop Sydney's City Tattersalls Club on Pitt Street, including a 50-story hotel and apartment tower. The Pitt Street project is currently slated to commence construction in 2022 and is expected to be completed by 2025.
- The Trajectory for Low Energy Buildings is a national plan to make commercial and residential buildings in Australia net-zero energy. It's a significant program aimed at achieving Australia's 40 percent increase in energy productivity by 2030, as outlined in the National Energy Productivity Plan (NEPP).
- Carseldine Village is a model of sustainable development, one of Queensland's first residential developments committed to delivering net-zero energy emission freehold terrace homes. Carseldine Village's concept is expected to be developed in six stages over the next three to five years, depending on market demand. The currently approved plan allows for a total of 606 homes.
Governments effort to expand infrastructure across the nation to increase demand for new installations.
- The Federal Government has committed $5 billion to Melbourne's Airport Rail Link. The 23-kilometer link will connect Melbourne Airport in Tullamarine to the Central Business District via Sunshine. Construction is expected to begin in 2022, with the project due for completion in 2029. The growing demand for urban transportation and government efforts to expand transportation infrastructure will propel the construction and renovation of metro rails and airports across the country.
- The concentration of many people in certain parts of cities automatically leads to a congested transportation network, which is likely to cost about $16.5 billion annually and is expected to cost more than $27.7 Billion by 2030. "30-minute city "is one of the concepts to approach the connectivity needs of cities.
- The Australian government has established a $1 billion Clean Energy Innovation Fund, which will invest up to $100 million annually in smart, green technologies and enterprises in Australia. The National Energy Productivity Plan includes several measures to improve ecological sustainability and resilience, including the National Australian Built Environment Rating System (NABERS) and Minimum Energy Performance Standards (MEPS) for appliances and updates accordingly to the National Construction Code.
Elevators are reaching their average life expectancy, mainly in high-rise apartment buildings to create demand for the maintenance of elevators in Australia
- According to Fire and Rescue, NSW data increasing elevator rescue number has risen by 80% from 2014. 1,620 people across the New South Wales state were rescued from elevators in 2018. This is a sign that elevators need to undergo regular maintenance to avoid accidents.
- The digital economy approach drives the long-term growth potential of the modernization market in Australia by integrating emerging technologies like Artificial Intelligence, Cyber security and supporting SME digitization.
- Maintenance and Modernization accounted for 69.7% and 30.3%, respectively, for 2021.
Segmentation by Type
- Hydraulic and Pneumatic
- Machine Room Traction
- Machine Room Less Traction
- Others
Segmentation by carriage Type
- Passenger
- Freight
Segmentation by Person
- 2-15
- 16-24
- 25-33
- 34 and Above
Segmentation by End-User
- Commercial
- Residential
- Industrial
- Others
Key Vendors
- OTIS
- Kone
- Schindler
- TK Elevator
- Hitachi
- Mitsubishi Electric
Other Prominent Vendors
- Toshiba
- KLEEMANN
- WITTUR
- Stannah
- LML Lift Consultants
KEY QUESTIONS ANSWERED
1. HOW BIG IS THE AUSTRALIA ELEVATOR AND ESCALATOR MARKET?
2. WHO ARE THE KEY COMPANIES IN THE AUSTRALIA ESCALATOR AND ELEVATOR MARKET?
3. WHAT ARE THE GROWTH FACTORS FOR THE AUSTRALIA ELEVATOR AND ESCALATOR MARKET?
4. IN AUSTRALIA, HOW MANY ELEVATORS AND ESCALATORS WERE INSTALLED IN 2021?
5. WHAT WILL BE THE GROWTH RATE OF AUSTRALIAN ESCALATOR AND ELEVATOR MARKET DURING THE FORECAST PERIOD?
Section 1 - Introduction
- Market Scope
- Market Snapshot of Elevators
- Market Snapshot of Escalators
- Executive Summary
Section 2 - Australia Elevators Market
Future Outlook -Australia Elevator Market By Volume
2.1- Australia Escalators Market- By Segments
2.1.1- Australia Escalators Market, By Volume
Australia Escalators Market Size and Forecast, Volume (Units), 2019-2028
2.1.1.1. Australia Elevators Market, By Type
Hydraulic and Pneumatic , Market Size and Forecast, Volume (Units),2019-2028
Machine Room Traction, Market Size and Forecast, Volume (Units), 2019-2028
Machine Room Less Traction, Market Size and Forecast, Volume (Units), 2019-2028
Others, Market Size and Forecast, Volume (Units), 2019-2028
2.1.1.2. Australia Elevators & Escalators Market by Carriage Type
Passenger, Market Size and Forecast, Volume (Units), 2019-2028
Freight, Market Size and Forecast, Volume (Units), 2019-2028
2.1.1.3. Australia Elevators Market by Persons
2-15 Persons, Market Size and Forecast, Volume (Units), 2019-2028
16-24 Persons, Market Size and Forecast, Volume (Units), 2019-2028
25-33 Persons, Market Size and Forecast, Volume (Units), 2019-2028
34 Persons and Above, Market Size and Forecast, Volume (Units), 2019-2028
2.1.1.4. Australia Elevators Market by End Users
Commercial, Market Size and Forecast, Volume (Units), 2019-2028
Residential, Market Size and Forecast, Volume (Units), 2019-2028
Industrial, Market Size and Forecast, Volume (Units), 2019-2028
Others, Market Size and Forecast, Volume (Units), 2019-2028
Section 3- Australia Escalators Market
Future Outlook - Australia Escalators Market by Volume
3.1- Australia Escalators Market- By Segments
3.1.1- Australia Escalators Market, By Volume
Australia Escalators Market Size and Forecast, Volume (Units), 2019-2028
3.1.1.1 Australia Escalator Market by Type
Parallel, Market Size and Forecast, Volume (Units) , 2019-2028
Multi-parallel, Market Size and Forecast, Volume (Units) , 2019-2028
Walkway, Market Size and Forecast, Volume (Units) , 2019-2028
Crisscross, Market Size and Forecast, Volume (Units) , 2019-2028
3.1.1.2 Australia Escalator Market by End users
Commercial, Market Size and Forecast, Volume (Units) , 2019-2028
Public Transit, Market Size and Forecast, Volume (Units) , 2019-2028
Others, Market Size and Forecast, Volume (Units) , 2019-2028
Section 4 Australia Elevators &Escalators Market , By service (Maintenance & Modernization)
Section 5-Geographical Analysis
Key Economic cities in Australia
Section 6- Market Dynamics
- Market Drivers, Opportunities, Restraints, Trends
Section 7 - Technological Development
Section 8- Competitive Landscape
1. Company Profile of major Vendors
2. Other Prominent vendors
Section 9 - Report Summary
1. List of Abbreviations
Section 10- Appendix (Report Scope & Definition)
1. Research Methodology
2. Market Definition, Inclusion & Exclusion
LIST OF EXHIBITS
1. Australia Population by cities
2. Australia Elevator & Escalator Installed Base by Volume 2018-2028 (Units)
3. Australia Elevator & Escalator New Installations by Volume 2018-2028 (Units)
4. Market Share 2021: Maintenance
5. Market Share 2021: Modernization
6. Elevators and Escalators Installed Base : Volume (Units in Thousands)
7. Elevators and Escalators New Installations: Volume (Units in Thousands)
8. Global Elevators & Escalators Market: Products & Services 2021
9. Maintenance market: global Regions vs Asia Pacific Q1 2022
10. Installed base of elevators by volume (units )
11. New Installations of elevators by volume (units )
12. Maintenance & Modernization Value($Million)
13. Maintenance & Modernization 2021(%)
14. Installed base of escalators by volume (units )
15. New Installations of escalators by volume (units )
16. Maintenance & Modernization Value($Million)
17. Maintenance & Modernization 2021(%)
18. Installed base and New installations of Elevators (Units)
19. New Installations of Elevators (Units)
20. Hotel projects in Australia
21. Extended life cycle of elevator
22. Average life expectancy of elevator components
23. Hydraulic & Pneumatic Elevators Installed base and New Installations (Units)
24. Machine Room less Traction Elevators Installed base and New Installations (Units)
25. Machine Room Traction Elevators Installed base and New Installations (Units)
26. Others Machine Elevators Installed base and New Installation (Units)
27. Installed base and new installations of Passenger Elevators (Units)
28. Construction of dwellings commenced in Australia
29. Installed base and new installations of Freight Elevators (Units)
30. Installed base and new installations of 2-15 persons elevators (Units)
31. Installed base and new installations of 16-24 persons elevators (Units)
32. Installed base and new installations of 25-33 persons elevators (Units)
33. Installed base and new installations of 34 persons and above elevators (Units)
34. Installed base and new installations of Commercial Elevators (Units)
35. Installed base and new installations of Residential Elevators (Units)
36. Installed base and new installations of Industrial Elevators (Units)
37. Installed base and new installations of other end-user Elevators (units)
38. Installed base and new installations of escalators (Units)
39. New installations of escalators (Units)
40. Installed base and new installations of Parallel Escalators (Units)
41. Installed base and new installations of Multi parallel Escalators (Units)
42. Installed base and new installations of Moving Walkway Escalators (Units)
43. Installed base and new installations of Criss cross Escalators (units)
44. Installed base and new installations of Public Transit Escalators (Units)
45. Installed base and new installations of Commercial Escalators (Units)
46. Installed base and new installations of Other End user Escalators (units)
47. Australia Elevators & Escalators Maintenance Market ($ Mn)
48. Australia Elevators & Escalators Modernization Market ($ Mn)
49. Elevator Modernization timeline
50. Top cluster share in Australia 2021
51. Integrated platform to create opportunities for sustainable construction
52. Elderly people living in private and other dwellings-2017(%share)
53. Market Share 2020 (% share)
54. Kone, total sales by segment 2021 (% share)
55. Mitsubishi electric, total sales by segment 2020 (% share)
56. Schindler, total sales 2017-2020($billion)
57. TKE total sales 2020-2021($billion)
58. Hitachi, total sales by segment 2020 (% share)
59. Otis total sales 2019-2021($billion)
LIST OF TABLES
1. Number of tall buildings by countries
2. Top 10 tallest buildings in Australia
3. Hotel occupancy by region - 2020
4. By Machine, New Installations, Total Incremental Opportunity, 2021-2028
5. By Carriage Type, New Installations, Total Incremental Opportunity, 2021-2028
6. By Capacity (Persons), New Installations, Total Incremental Opportunity, 2021-2028
7. Projects and value of mixed use accommodations
8. By End User, New Installations, Total Incremental Opportunity, 2021-2028
9. Number of building approvals by type of building
10. By Product, New Installations, Total Incremental Opportunity, 2021-2028
11. By End User, New Installations, Total Incremental Opportunity, 2021-2028
12. Expected life span of components manufactured by major OEMs & under regular maintenance is high
13. Increasing building approvals to propel demand for new installation of elevators and escalators
14. Buildings commenced by fourth quarter 2021
15. List of Inland rail sub projects
16. Developments/ projects
17. Elevators market size & forecast, by type (Units)
18. Elevators by Carriage Type Market Size & Forecast (Units)
19. Elevators market size & forecast, by persons (Units)
20. Elevators by End-Users Market Size & Forecast(Units)
21. Escalators market size & forecast, by type (Units)
22. Escalators market size & forecast, by end users(Units)
23. List of abbreviations
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security