Elevator Installation and Maintenance in Australia - Market Research Report

Elevator Installation and Maintenance industry trends (2014-2019)

poll Average industry growth 2014–2019: 3.5%

The Elevator Installation and Maintenance industry installs, maintains and repairs elevators, escalators and moving walkway systems (travelators) on buildings and other structures, particularly in multistorey developments. The industry's performance is heavily influenced by trends in commercial building construction and the industry's long-term growth has been supported by the shift in residential building construction towards high-rise apartment developments. Over the five years through 2018-19, industry revenue is anticipated to grow at an annualised 3.5% to reach $1.5 billion. However, the industry's revenue performance is expected to decline by 5.1% during the current year, due to the scaling back of investment in apartment developments with the...
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Elevator Installation and Maintenance industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Elevator Installation and Maintenance industry is forecast to maintain revenue growth over the next five years. This performance will continue to be underpinned by installation and maintenance demand from the non-residential building market and the recovery in demand from high-rise apartment construction. Industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. This includes a minor contraction during XXX-XX, stemming from the ongoing investment slump in the apartment construction market affecting demand for elevator installation. However, the industry is anticipated to continue to derive favourable demand from the commercial building market. Apartment construction trends The Multi-Un...
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Elevator Installation and Maintenance industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 115
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 5,350

Biggest companies in the Elevator Installation and Maintenance industry

The companies holding the largest market share in the Elevator Installation and Maintenance in Australia industry include KONE Holdings (Australia) Limited, UTC Australia Commercial Holdings Pty Ltd, Schindler Lifts Australia Pty Limited and ThyssenKrupp Lifts Pacific Pty Limited.

  • pie_chart KONE Holdings (Australia) Limited Market Share: x.x%
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  • pie_chart UTC Australia Commercial Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Schindler Lifts Australia Pty Limited Market Share: x.x%
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  • pie_chart ThyssenKrupp Lifts Pacific Pty Limited Market Share: x.x%
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What is Elevator Installation and Maintenance industry?

Industry Definition

Industry companies install and maintain elevator, escalator and moving walkway systems in office buildings, shopping centres, stadiums, airports and other commercial buildings and structures.

Industry Products and Services

  • Elevator installation services
  • Escalator installation services
  • Maintenance services
  • Other services
  • All Others

Industry Activities

  • Elevator installation
  • Escalator installation
  • Moving walkway system (travelator) installation
  • Maintenance of elevators, escalators and moving walkway systems
  • Elevator and escalator modernisation

Market research report - table of contents

Industry Definition

Industry companies install and maintain elevator, escalator and moving walkway systems in office buildings, shopping centres, stadiums, airports and other commercial buildings and structures.

Main Activities

  • Elevator installation
  • Escalator installation
  • Moving walkway system (travelator) installation
  • Maintenance of elevators, escalators and moving walkway systems
  • Elevator and escalator modernisation

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Demand for installing and maintaining elevators in commercial and industrial buildings drives the industry's revenue performance. High-rise office buildin...
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Demand from commercial and industrial building construction
Demand from multi-unit apartment and townhouse construction
Demand from office property operators
Demand from institutional building construction

Current Performance

Apartment construction trends
Profitability trends
 Chart: Revenue Growth

Industry Outlook

Non-residential building trends
Profitability and participation trends
Technological innovation trends
 Table: Elevator Installation and Maintenance in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Elevator Installation and Maintenance in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Multi-Unit Apartment and Townhouse Construction in Australia
Commercial and Industrial Building Construction in Australia
Institutional Building Construction in Australia




Key Selling Industries

Conveyor and Crane Manufacturing in Australia
Construction Machinery and Operator Hire in Australia





Products & Services

The industry provides installation and maintenance services for elevators, escalators and moving walkway systems (travelators). The bulk of industry reven...
Residential builders, developers and property managers
Institutional building firms, developers and property managers




Demand Determinants

Demand for elevator installation and maintenance services is mainly determined by the trends in building construction, advancements in product technology ...
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Major Markets

Residential builders, developers and property managers
Institutional building firms, developers and property managers





 Chart: Major Market Segmentation for the Elevator Installation and Maintenance in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has a particularly high level of market concentration with the four largest players estimated to account for about 77.2% of industry revenue ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Elevator Installation and Maintenance in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Elevator Installation and Maintenance in Australia - Market Research Report Industry

Industry Globalization

KONE Holdings (Australia) Limited is a subsidiary of the Finland-based KONE Corporation. KONE Holdings installs, services and modernises both elevators an...
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KONE Holdings (Australia)

 Table: KONE Holdings (Australia) - financial performance

Chubb United Technologies

 Table: Chubb United Technologies - financial performance

Schindler Lifts

 Table: Schindler Lifts - financial performance

ThyssenKrupp Elevator Australia

 Table: ThyssenKrupp Elevator Australia - financial performance

Capital Intensity

The Elevator Installation and Maintenance industry is characterised by a low level of capital intensity. The industry is projected to incur wage costs acc...
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 Chart: Level of Capital Intensity for the Elevator Installation and Maintenance in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Elevator Installation and Maintenance in Australia Industry

Industry Revenue (2006-2025)
Industry Gross Product (2006-2025)
Establishments (2006-2025)
Businesses (2006-2025)
Employment (2006-2025)
Exports (2006-2025)
Imports (2006-2025)
Wages (2006-2025)
Domestic Demand (2006-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

ELEVATOR

ESCALATOR

TRAVELATOR

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Elevator Installation and Maintenance industry?

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This report on Elevator Installation and Maintenance in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Elevator Installation and Maintenance in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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