Bahrain Insurance Industry Outlook to 2017 - Expected Continued Dominance By Motor Insurance Segment

TABLE OF CONTENTS

1. Bahrain Insurance Market Introduction and Size by Gross Written Premiums, 2007-20129

2. Bahrain Insurance Market Segmentation by Life and Non-Life, 2007-2012

3. Bahrain Life Insurance Market

3.1. Bahrain Life Insurance Market Introduction and Size, 2007-2012

3.2. Market Share of Major Players in Bahrain Life Insurance Market, 2008-2012

3.3. Future Projections for Bahrain Life Insurance Market, 2013-2017

4. Bahrain Non-Life Insurance Market

4.1. Bahrain Non-Life Insurance Market Size, 2007-2012

4.2. Bahrain Non-Life Insurance Market Segmentation by Motor, Accident & Liability, Fire, Marine & Transport, Medical and Others, 

        2007-2012

4.3.         Future Projections for Bahrain Non-Life Insurance Market, 2013-2017

5.         Bahrain Motor Insurance Market

5.1.         Bahrain Motor Insurance Market Introduction and Size, 2007-2012

5.2.         Market Share of Major Players in Bahrain Motor Insurance Market, 2008-2012

5.3.         Future Projections for Bahrain Motor Insurance Market, 2013-2017

6.         Bahrain Fire, Property and Liability Insurance Market

6.1.         Bahrain Fire, Property and Liability Insurance Market Introduction and Size, 2007-2012

6.2.         Market Share of Major Players in Bahrain Fire, Property and Liability Insurance Market, 2008-2012

6.3.         Future Projections for Bahrain Fire, Property and Liability Insurance Market, 2013-2017

7.         Bahrain Medical Insurance Market

7.1.         Bahrain Medical Insurance Market Introduction and Size, 2007-2012

7.2.         Market Share of Major Players in Bahrain Medical Insurance Market, 2008-2012

    

7.3.         Future Projections for Bahrain Medical Insurance Market, 2013-2017

8.         Bahrain Engineering Insurance Market

8.1.         Bahrain Engineering Insurance Market Introduction and Size, 2007-2012

8.2.         Market Share of Major Players in Bahrain Engineering Insurance Market, 2008-2012

8.3.         Future Projections for Bahrain Engineering Insurance Market, 2013-2017

9.         Bahrain Marine and Aviation Insurance Market

9.1.         Bahrain Marine and Aviation Insurance Market Introduction and Size, 2007-2012

9.2.         Market Share of Major Players in Bahrain Marine and Aviation Insurance Market, 2008-2012

9.3.         Future Projections for Bahrain Marine and Aviation Insurance Market, 2013-2017

10.         Bahrain Miscellaneous Financial Loss Insurance Market

10.1. Bahrain Miscellaneous Financial Loss Insurance Market Size and Future Projections, 2007-2017

10.2. Market Share of Major Players in Bahrain Miscellaneous Financial Loss Insurance Market, 2008-2012

11.         Bahrain Other Insurance Market

11.1. Bahrain Other Insurance Market Size and Future Projections, 2007-2017

11.2. Market Share of Major Players in Bahrain Other Insurance Market, 2008-2012

12.         Government Regulations in Bahrain Insurance Market

13.         Bahrain Insurance Market Future Outlook and Projections, 2013-2017

14.         Company Profiles of Major Players in Bahrain Insurance Market

15.         Macroeconomic Factors

15.1. Population, 2007-2017

15.2. Healthcare Expenditure, 2007-2017

15.3. GDP at Current Prices, 2007-2017

15.4. Number of Registered In-use Vehicles, 2007-2017

15.5. Air Cargo Received, 2007-2017

15.6. Bank Lending for Construction, 2007-2017

16.         Appendix

16.1. Market Definition

16.2. Abbreviations

16.3. Research Methodology

                Data Collection Methods

                Approach

                Variables (Dependent and Independent) 

                Multi Factor Based Sensitivity Model

                Final Conclusion

16.4. Disclaimer

LIST OF FIGURES

Figure 1: Bahrain Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 2: Bahrain Insurance Market Segmentation by Life and Non-Life on the basis of Gross Witten Premiums in Percentage, 2007-2012

Figure 3: Bahrain Life Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 4: Bahrain Life Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 5: Bahrain Non-Life Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 6: Bahrain Non-Life Insurance Market Segmentation on the basis of Gross Written Premiums in Percentage, 2007-2012

Figure 7: Bahrain Non-Life Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 8: Bahrain Motor Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 9: Bahrain Motor Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 10: Bahrain Fire, Property and Liability Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 11: Bahrain Fire, Property and Liability Insurance Market Future Projections on the basis of Gross Written Premiums in USD 

                Million, 2013-2017

Figure 12: Bahrain Medical Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 13: Bahrain Medical Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 14: Bahrain Engineering Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 15: Bahrain Engineering Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 16: Bahrain Marine and Aviation Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2012

Figure 17: Bahrain Marine and Aviation Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 

                2013-2017

Figure 18: Bahrain Miscellaneous Financial Loss Insurance Market Size on the basis of Gross Written Premiums in USD Million, 2007-2017

Figure 19: Bahrain Other Insurances Market Size on the basis of Gross Written Premiums in USD Million, 2007-2017

Figure 20: Bahrain Insurance Market Future Projections on the basis of Gross Written Premiums in USD Million, 2013-2017

Figure 21: Bahrain Population in Million, 2007-2017

Figure 22: Bahrain Healthcare Expenditure in USD Million, 2007-2017

Figure 23: Bahrain GDP at Current Prices in USD Million, 2007-2017

Figure 24: Bahrain Number of Registered In-use Vehicles in Million, 2007-2017

Figure 25: Bahrain Air Cargo Received in Million Kg, 2007-2017

Figure 26: Bahrain Bank Lending for Construction in USD Million, 2007-2017

LIST OF TABLES

Table 1: Loss Ratio of Major Segments in Bahrain Insurance Market in Percentage, 2010 and 2011

Table 2: Retention Ratio of Major Segments in Bahrain Insurance Market in Percentage, 2010 and 2011

Table 3: Market Share of Major Players in Bahrain Life Insurance Market on the Basis of Gross Written Premiums in Percentage, 2008-

                2012

Table 4: Gross Written Premiums by Major Players in Bahrain Life Insurance Market in USD Million, 2008-2012

Table 5: Market Share of Major Players in Bahrain Motor Insurance Market on the Basis of Gross Written Premiums in Percentage, 2008-

                2012

Table 6: Gross Written Premiums by Major Players in Bahrain Motor Insurance Market in USD Million, 2008-2012

Table 7: Gross Premiums of Major Players in Bahrain Fire Insurance Market in USD Million, 2008-2012

Table 8: Gross Premiums of Major Players in Bahrain Property Insurance Market in USD Million, 2008-2012

Table 9: Gross Premiums of Major Players in Bahrain Liability Insurance Market in USD Million, 2008-2012

Table 10: Market Share of Major Players in Bahrain Medical Insurance Market on the Basis of Gross Written Premiums in Percentage, 

                2008-2012

Table 11: Gross Written Premiums by Major Players in Bahrain Medical Insurance Market in USD Million, 2008-2012

Table 12: Market Share of Major Players in Bahrain Engineering Insurance Market on the Basis of Gross Written Premiums in                 

                Percentage, 2008-2012

Table 13: Gross Written Premiums by Major Players in Bahrain Engineering Insurance Market in USD Million, 2008-2012

Table 14: Market Share of Major Players in Bahrain Marine and Aviation Insurance Market on the Basis of Gross Written Premiums in 

                Percentage, 2008-2012

Table 15: Gross Written Premiums by Major Players in Bahrain Marine and Aviation Insurance Market in USD Million, 2008-2012

Table 16: Market Share of Major Players in Bahrain Miscellaneous Financial Loss Insurance Market on the Basis of Gross Written 

                Premiums in Percentage, 2008-2012

Table 17: Gross Written Premiums by Major Players in Bahrain Miscellaneous Financial Loss Insurance Market in USD Million, 2008-2012

Table 18: Market Share of Major Players in Bahrain Other Insurances Market on the Basis of Gross Written Premiums in Percentage, 

            2008-2012

Table 19: Gross Written Premiums by Major Players in Bahrain Other Insurances Market in USD Million, 2008-2012

Table 20: Competitive Landscape of Major Players in Bahrain Insurance Market

Table 21: Gross Premiums Underwritten by Major Players in Bahrain Insurance Market in USD Million, 2007-2011

Table 22: Net Profit before Tax of Major Players in Bahrain Insurance Market in USD Million, 2007-2011

Table 23: Correlation Matrix for Bahrain Fire, Property and Liability Insurance Market

Table 24: Regression Coefficients Output

Executive Summary

The report titled ‘Bahrain Insurance Industry Outlook to 2017 - Expected Continued Dominance By Motor Insurance Segment’ provides a comprehensive analysis of the various aspects such as market size, segmentation, trends and developments and future projections of life and various non-life insurance segments such as motor, fire, property and liability, medical, engineering, marine and aviation; miscellaneous financial loss. The report provides the market share in major segments and company profiles of major players present in the market.

Bahrain is a dynamic insurance market in the Middle East region and contributes 1.6% to the gross premiums underwritten. The market is comprised of conventional insurance and Takaful firms which include 27 locally incorporated firms and 11 overseas insurance firms which are branches of foreign companies carrying out insurance business in Bahrain. The insurance sector of Bahrain has reflected consistent positive growth during last five years where the gross premiums underwritten in the country have expanded from USD ~ million in 2007 to USD ~ million in 2012 by increasing at a CAGR of 11.3% during 2007-2012. The positive growth achieved by the insurance sector of the country can be attributed to high paced growth of the general insurance segment which has increased at a CAGR of 12.5% during 2007-2012.  

The non-life insurance dominates the insurance market of the country with a contribution of 77.4% to the gross premiums generated in the country in the year 2012. The life insurance accounts for the rest of 22.6% of the insurance premiums underwritten. The share of the non-life insurance has increased notably during 2007-2012 by 4.1%, while the share of life insurance has declined by the same percentage.

The non-life insurance market of Bahrain is categorized into motor; fire, property and liability; medical; engineering; marine and aviation; miscellaneous financial loss and others. Motor insurance is the largest segment which contributes 32.1% to the gross premiums underwritten in the non-life insurance market of Bahrain. This is followed by fire, property and liability which represent 23.3% of the non-life premiums generated in the country. Medical is the third largest non-life insurance category and contributes 21.8% to the market.

The motor insurance market of Bahrain has expanded at a CAGR of 4.9% during 2007-2012, where the insurance premiums underwritten have grown from USD ~ million in 2007 to USD ~ million in 2012. The growing population, rising number of vehicles and large expatriate population have been the key drivers of the motor insurance market of Bahrain during 2007-2012. Motor insurance market of Bahrain is highly fragmented with large number of players present in this segment. The top four players which include Bahrain National Insurance Co., Gulf Union Ins. & Re. Co., Bahrain Kuwait Insurance Co. and AXA Insurance (Gulf) Co. together account for ~% of the gross premiums generated in this segment. 

Medical insurance is the third largest segment in the non-life insurance market of Bahrain and contributes ~% to the non-life gross premiums underwritten in the market. Moreover, the segment is the second fastest growing insurance category in the country which has expanded at a CAGR of 22.4% during 2007-2012 to reach USD ~ million in 2012 from USD ~ million in 2007. The medical insurance market of Bahrain is projected to grow robustly during 2013-2017 owing to the factors such as compulsory medical insurance for expatriates, increasing population of the country and rising healthcare expenditure. The medical gross written premiums in the country are expected to expand at a CAGR of 19.4% during 2013-2017, where the underwritten premiums are estimated to reach USD ~ million in 2017 from USD ~ million in 2012. 

Medical insurance market of Bahrain is dominated by AXA Insurance (Gulf) Co. which contributes ~% in terms of gross premiums. American Life Insurance Co. is the second largest player with a share of ~%. Saudi National Ins. Co., Al Ahlia Insurance Co. and Bahrain National Life Assurance Co. are other major players which contribute ~%, ~% and ~% respectively to the total medical insurance premiums generated in Bahrain. 

The Bahrain insurance industry is expected to continue remain dominated by non-life segment where the share of the segment in the total gross premiums generated in the country is estimated to increase to ~% by 2017 from 77.4% in 2012. The contribution of life segment on the other hand would decline by around 2% during 2013-2017. Therefore, in a base case scenario the gross premiums generated in the country are therefore expected to reach USD ~ million in 2017 by expanding at a CAGR of 14.9% during 2012-2017. In this case the life insurance premiums are estimated to increase at a CAGR of ~% while non-life insurance premiums are anticipated to grow at a CAGR of ~% during 2012-2017. The growth of the life and non-life premiums in this case would be supported by steady growth of the local and expatriate population, stable economic expansion of the country and increased focus of the government on non-oil sectors especially banking and financial sector.

Key Topics Covered in the Report:

• The market size of the Bahrain insurance market by value on the basis of gross written premiums.
• The market segmentation of the Bahrain insurance market by life and non-life.
• The market size and future projections of the life and non-life segments.
• Market segmentation of the Bahrain non-life insurance market by motor, fire, property and liability, medical, engineering, marine and aviation; miscellaneous financial loss and others.
• Market size and future projections of Bahrain motor; fire, property and liability, medical, engineering, marine and aviation, miscellaneous financial loss and others insurance segments.
• Market share of major players in life and various non-life segments.
• Company Profiles of major players in the Bahrain insurance market. 
• Future outlook and projections of the Bahrain insurance market on the basis of gross written premiums.

For More Details Please Click On The Following Link : 

http://www.kenresearch.com/banking-financial-service-insurance/insurance/bahrain-insurance-market-research-report/425-93.html

Contact Person : Ankur Gupta

Designation : Head - Marketing & Communication

E-mail : ankur@kenresearch.com

Contact : 01147017199, +91 9015378249

Indonesia Construction Equipment Market Future Growth Led by Inclining Contribution of Earthmoving and Tunneling Equipments Sales: Ken Research

The construction equipment industry has showcased a stupendous progress over the period of 2006-2012. The growth of the construction equipment market in Indonesia has been driven by a number of factors. The increasing demand for the residential buildings augmented by growing population has been a major growth driver for the revenues of the construction equipment industry. This boom in realty sector has hugely impelled the demand for concrete and building construction equipments. Equipments such as excavators, dumper trucks, bulldozers, loaders, construction trucks are amongst the chief equipments in earthmoving category. These equipments contribute the largest proportion of market revenues of the overall construction equipment market.

In 2012, earthmoving and tunneling equipment market witnessed a stupendous growth of 2.6% in its revenues compared to the preceding year. Increasing urbanization and commercialization in the country has encouraged the development of construction projects which propelled the demand for earthmoving and tunneling equipments in the country. The growing traction of leading international OEMs  further fuelled the construction market’s healthy growth, thereby impelling the demand for construction equipment market in Indonesia. The revenues of construction equipment market in Indonesia has grown at a healthy CAGR of 12.5% from USD 2,074.8 million in 2006 to USD ~ million in 2012.

According to the research report “Indonesia Construction Equipment Industry Outlook to 2017 – Hydraulic Excavators and Earthmoving Equipments Gaining Traction” by Ken Research, the Indonesia construction equipment market would grow at a considerable CAGR, exceeding USD 7,254.5 million by 2017 due to unprecedented growth in Indonesia realty and construction sectors.

Indonesia construction equipments market features a highly concentrated landscape, with market shares being majorly distributed amongst five leading players that held a 93.3% share of the total construction equipment market revenues in 2012. The market is marked by the presence of the several international players such as Caterpillar, Komatsu Limited, Kobelco Inc. and others.

The report provides detailed overview on the construction equipment market across the geography of Indonesia and aids the readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, construction equipment manufacturers, building contractors and other stakeholders align their market centric strategies according to ongoing and expected trends in future.

For More Detail Please Click On The Following Link :

http://www.kenresearch.com/mining-construction-infrastructure/construction-industry/indonesia-construction-equipment-market-research-report/423-97.html

Contact Person : Ankur Gupta

Designation : Head – Marketing & Communication

E-mail : ankur@kenresearch.com

Contact : 01147017199, +91 9015378249

China Elevator And Escalator Market Size

Table of Contents

1. China Elevator And Escalator Market Introduction

1.1. Life Cycle of Elevators and Escalators

1.2. China Elevator And Escalator Market Size, 2007-2012

1.2.1. By Installed Base and New Equipment Installations, 2007-2012

1.2.2. By Revenue, 2007-2012

1.2.3. By Maintenance and Modernization, 2007-2012

2. China Elevator Market Introduction

2.1. China Elevator Market Size, 2007-2012

2.1.1. By New Equipment Installations, 2007-2012

2.1.2. By Revenue, 2007-2012

2.1.3. By Maintenance and Modernization, 2007-2012

2.2. China Elevator Market Segmentation

2.2.1. By End Usage, 2011-2012

2.2.2. By Types of Machinery (Hydraulic and Traction), 2010-2012

2.2.2.1. Traction Machinery Segmentation, 2010-2012

2.2.2.1.1. By Gear and Gearless, 2010-2012

2.2.2.1.2. By MR and MRL, 2010-2012

2.2.3. By Door Types, 2010-2012

2.2.4. By Types of Carriage (Passenger Lifts and Freight Lifts), 2010-2012

2.2.5. By Speed in meters per second, 2012

3. China Escalator and Moving Walkways Market Introduction

3.1. China Escalator Market Size, 2007-2012

3.1.1. By New Equipment Installations, 2007-2012

3.1.1.1. By Escalators, 2007-2012

3.1.1.2. By Moving Walkways, 2007 – 2012

3.1.2. By Revenue, 2007-2012

3.1.3. By Maintenance and Modernization, 2007-2012

3.2. China Escalator Market Segmentation By End Usage, 2010-2012

4. Elevators and Escalators Market: Trends and Development

Advent of Smart Elevator Technology

Focus on High Speed Elevators

Focus on Green Elevators

Increased Migaration to Urban Areas

Stress on Attractive designs

Increasing Role of Service Personnel

5. Value Chain of China Elevator And Escalator Industry

6. Market Share of the Major Players in China Elevator and Escalator Market

7. Company Profiles of Major Players in China Elevators and Escalators Market

7.1. GiantKone

7.1.1. Company Overview

7.1.2. Business Strategies

Focus on Developing the Eco-friendly Solutions

Focus Upon Enhancing the Product Portfolio

Focus on Modernization

Improving the Labour Quality

7.2. Otis Elevator (China) Investment Company Limited

7.2.1. Company Overview

7.2.2. Business Strategies 

Expanding Service Centers to Retain Maintenance Contracts

Focus on Lowering Production Costs

Eco-friendly and Cost Effective Solutions

7.3. Shanghai Mitsubhishi

7.3.1. Company Overview

7.3.2. Business Strategies

Focus on Improving Competitiveness

Increasing Investment in R&D

7.4. Schindler China Elevator Company Limited

7.4.1. Company Overview

7.4.2. Business Strategy

Focus on Green Technology

Focus on Expansion

7.5. ThyssenKrupp Elevator China Private Limited

7.5.1. Company Overview

7.5.2. Business Strategies

Focus on Expanding R&D

Focus on Launching New Manufacturing Plants

8. Snapshot of Regional Players in China Elevator and Escalator Market

9. China Elevator And Escalator Market Future Outlook and Projections, 2013-2017

9.1. China Elevator Market Future Outlook and Projections, 2013-2017

9.1.1. By New Installations and Revenue, 2014-2014

9.1.2. By Maintenance and Modernization, 2013-2017

9.2. China Escalator Market Future Outlook and Projections, 2013-2017

9.2.1. By New Equipment Installations and Revenue, 2013-2017

9.2.2. By Maintenance and Modernization, 2013-2017

9.3. Cause and Effect Relationship of China Elevator and Escalator Industry

10. Macroeconomic Factors of Elevators and Escalators Market in China: Historical and Projected

10.1. China Urban Population, 2007-2017

10.2. Ageing Population, 2007-2017

10.3. China Government Spending in The Economy, 2007-2017

10.4. China Real Estate Investment , 2007-2017

11. Appendix

11.1. Market Definitions

11.2. Abbreviations

11.3. Research Methodology

Data Collection Methods

Approach

Variables (Dependent and Independent)

Multi Factor Based Sensitivity Model

Final Conclusion

11.4. Disclaimer

List of Figures

Figure 1: Scheme of Elevator Installation in a Building Facility

Figure 2: Installed Base of Elevators per Thousand Persons across Various Countries, 2012

Figure 3: Life Cycle Elevator and Escalator Equipment in China

Figure 4: China Elevator and Escalator Market Size On the Basis of Installed Base in Units, 2007-2012

Figure 5: China Elevator and Escalator Market Size On the Basis of New Equipment Installations in Units, 2007-2012

Figure 6: China Elevator and Escalator Market Size On the Basis of Revenue From New Equipment Installations in USD Million, 2007-2012

Figure 7: China Elevator and Escalator Market Size by Revenue Generated through Maintenance and Modernization in USD Million, 2007-2012

Figure 8: China Elevator Market Size on the Basis of New Equipment Installations in Units, 2007-2012

Figure 9: China Elevator Market Size by Revenue Generated Through New Equipment Installations in USD Million, 2007-2012

Figure 10: China Elevator Market Size by Revenue Generated through Maintenance and Modernization in USD Million, 2007-2012

Figure 11: China Elevator Market Segmentation on the Basis of Contribution from Different End Users in Percentage (%), 2010-2012

Figure 12: China Elevators Market Segmentation on the Basis of Contribution from Hydraulic and Traction Machinery in Percentage (%), 2010-2012

Figure 13: China Elevator Traction Machinery Market Segmentation on the Basis of Contribution from Gear and Gearless Elevator Installations in Percentage (%), 2010-2012

Figure 14: China Elevator Traction Machinery Market Segmentation by MR and MRL Types on the Basis of Contribution in Percentage (%), 2010-2012

Figure 15: China Elevators Market Segmentation on the Basis of Contribution from Automatic and Collapsible Manual Doors in Percentage (%), 2010-2012

Figure 16: China Elevators Market Segmentation by Passenger and Freight Elevators on the Basis of Contribution in Percentage (%), 2010-2012

Figure 17: China Elevator Market Segmentation on the Basis of Speed in Meters per Second, 2012

Figure 18: China Escalator Market Size On the Basis of New Equipment Installation in Units, 2007-2012

Figure 19: China Moving Walkways Market Size On the Basis of New Equipment Installations in Units, 2007-2012

Figure 20: China Escalator Market Size on the Basis of Revenue from New Equipment Installations in USD Million, 2007-2012

Figure 21; China Escalator Market Size on the Basis Revenue Generated through Maintenance and Modernization in USD Million, 2007-2012

Figure 22: China Escalator Market Segmentation by End Usage on the Basis of Contribution in Percentage (%), 2010-2012

Figure 23: Value Chain of China Elevator and Escalator Market

Figure 24: Market Share of Major Players Operating in China Elevator and Escalator Market on the Basis of New Installations in Percentage(%), 2010-2012


Figure 25: China Elevator Market Future Projections on the Basis of Number of Units Installed and Revenue in USD Million, 2013-2017

Figure 26: China Elevator Market Future Projections on the Basis of Revenue from Maintenance and Modernization in USD Million and Growth Rate in Percentage (%), 2013-2017

Figure 27: China Escalator Market Future Projections on the Basis of Number of Units Installed and Revenue in USD Million, 2013-2017

Figure 28: China Elevator Market Future Projections on the Basis of Revenue Through Maintenance and Modernization in USD Million and Growth Rate in Percentage (%), 2013-2017

Figure 29: China’s Urban Population in Million, 2007-2017

Figure 30: China’s Aging Population in Million, 2007-2017

Figure 31: Total Government Expenditure in China in USD Million, 2007-2017

Figure 32: China’s Real Estate Investment in USD Million, 2007-2017

List of Tables

Table 1: China Elevator Market Segmentation on the Basis of Contribution from Different End Users in Units Installed, 2010-2012

Table 2: China Elevators Market Segmentation on the Basis of Contribution from Hydraulic and Traction Machinery in Units on the Basis of New Equipment Installed in Units, 2010-2012

Table 3: China Elevator Traction Machinery Market Segmentation on the Basis of Gear and Gearless Elevator Installations in Units, 2010-2012

Table 4: China Elevator Traction Machinery Market Segmentation by MR and MRL Types on the Basis of New Equipment Installed in Units, 2010-2012

Table 5: China Escalator Market Segmentation by End Usage on the Basis of New Equipment Installed in Units, 2010-2012

Table 6: Major Players in China Elevators and Escalators Market on the Basis of New Equipment Installations in Units, 2010-2012

Table 7: List of Important Orders Received by Schindler Elevator from China, 2012

Table 8: Competitive Landscape of Regional Players in China Elevator and Escalator Market

Table 9: Cause and Effect Relationship between Industry Factors and China Elevator and Escalator Industry Prospects

Table 10: Real-Estate Investment in Residential and Commercial Office Building in China, 2007-2012

Table 11: Correlation Matrix of the China Elevator and Escalator Industry

Table 12: Regression Coefficients Output of the China Elevator and Escalator Industry

China Elevator And Escalator Market Size, 2007-2012

By Installed Base and New Equipment Installations, 2007-2012


At present, China possesses the world’s largest new equipment market for elevators and escalators. In 2012, China commanded the market share of around 65% in the global new elevators and escalator equipment market. However, its contribution to the overall installed base in the world was accounted to be relatively lower at ~%, as observed in 2012.

China’s new equipment installation of elevators and escalators market has witnessed an impressive growth at a CAGR of 15.7% since 2007 to 2012. This growth in the sales of new equipment has in turn spurred the installed base of elevators and escalators in the country…

Figure: China Elevator and Escalator Market Size On the Basis of Installed Base in Units, 2007-2012

Figure: China Elevator and Escalator Market Size On the Basis of New Equipment Installations in Units, 2007-2012

By Maintenance and Modernization, 2007-2012

China construction industry has been witnessing a rapid growth owing to growing urbanization and overall economic development. This growth has in turn propelled greater opportunities in the new equipment market for elevators and escalators in the country as witnessed over the past few years.


… given the average retail price of elevators and escalators in the country, which is relatively higher in comparison to their service contract, the market for maintenance and modernization of elevators and escalators is expected to augment in the coming years. In developed cities with lower construction activity such as Hong Kong, Shanghai, Macau, Guangzhou and others, the revenue from maintenance and modernization continues to steer the market growth….

The maintenance and modernization revenue from the China’s elevator and escalator market has grown at a healthy CAGR of 20.9% from 2007-2012.

maintenance and modernization market for vertical transport in China has been witnessing a growing trajectory owing to the increased installation drive over the past few years….

Figure: China Elevator and Escalator Market Size by Revenue Generated through Maintenance and Modernization in USD Million, 2007-2012

China Elevator Market Size, 2007-2012

By New Equipment Installations, 2007-2012


Today, elevators have become one of the most important parts of the building facility. The elevator market in China has showcased a stupendous growth over the last few years. The new equipment market in China has almost more than doubled over the past five years. China has observed a considerable surge in the number of buildings constructed in the several tier 1 and tier 2 cities over the last few years….


The elevator market in China by new installations has evidenced growth at a remarkable CAGR of 15.2% in terms of new installations, increasing from ~ units in 2007 to ~ units as recorded in the year 2012. Even though, a moderate growth was seen during the recessionary years 2008 and 2009, the overall performance of the elevator industry in China was conceived better as compared to other advanced countries in the west such as the Americas and the Europe, where the growth was seen plunging to the negative quadrant…

Figure: China Elevator Market Size on the Basis of New Equipment Installations in Units, 2007-2012

China Elevator Market Segmentation

By End Usage, 2011-2012


China has been majorly a new equipment market with only a small fraction commanded in the area of maintenance and modernization.


The country’s considerably developed east coast has been experiencing increased migration of people from the other regions, which has in turn led to the shortage of land base for both commercial and residential purposes….


On account of the country’s improved economic condition and a growing middle class, there has been an increased spending on housing witnessed over the last few years. In the year 2012, the residential segment extensively contributed the lion’s share of ~% to the country’s overall elevator demand, recording sales of about ~ units during the year. Government spending on infrastructure, including construction of metro stations, airports, railways and others, constituted second largest share of about ~% in the overall elevator market in China, recording total sales of ~ units in 2012 and growing at an average annual growth of 20.5% over the past few years….


Figure: China Elevator Market Segmentation on the Basis of Contribution from Different End Users in Percentage (%), 2010-2012


Table: China Elevator Market Segmentation on the Basis of Contribution from Different End Users in Units Installed, 2010-2012

By End Use (Units Installed)

2010

2011

2012

Residential

Public Infrastructure

Malls

Commercial Office Buildings

Hotels

Total

Traction Machinery Segmentation, 2010-2012

By Gear and Gearless, 2010-2012


Gearless traction machines are high torque electric motors driven by permanent magnet AC motors. These have strengthened their existence in the country since the advent of MRL elevators in 2007. Owing to the presence of permanent magnet, the motor involved in gearless mechanism functions on the basis of repulsion technology.

The present market for elevators in China has been majorly dominated by gearless technology elevators. Their contribution of this technology in news installations of elevators in China stood at ~% as recorded in 2012….

Figure: China Elevator Traction Machinery Market Segmentation on the Basis of Contribution from Gear and Gearless Elevator Installations in Percentage (%), 2010-2012

Table: China Elevator Traction Machinery Market Segmentation on the Basis of Gear and Gearless Elevator Installations in Units, 2010-2012

By Traction Machinery Segmentation

2010

2011

2012

Gearless

Gear

Total


By Door Types, 2010-2012

The purpose of door in an elevator is to ensure safety and security of passengers by preventing them from falling into the hoist way while lifting them to the upper or lower floors.

The share of automatic door elevators in China was significantly higher at around ~% of the total number of elevators installed in the country during 2012. The share of these door types is expected to gain further traction in the coming years, wholly replacing the market for elevators with manual doors which at present constitute a lower share in the China elevator market. In 2012, out of the total installation of elevator units in China, around ~ units of automatic door elevators were installed while only ~ units of manual door elevators were installed.

Figure: China Elevators Market Segmentation on the Basis of Contribution from Automatic and Collapsible Manual Doors in Percentage (%), 2010-2012

By Speed in meters per second, 2012

The majority of the elevators in China travel at an average speed of 1.75 meters per second as compared to the other developed countries where the average speed of travel for an elevator is around 2-3 meters per second.

In China, around 52.6% of the elevators installed, travel at a speed of 1.5 to 2 meters per second. About ~% of the elevators installed travel at the speed of 1 to 1.5 meters per second while nearly ~% of the elevators in the country have a speed of 0.5 to 1 meters per second. High speed elevators have been planned for the upcoming advanced high rise buildings such as Goldin Finance 117 in Tianjin, Shanghai Tower in Shanghai, Wuhan Greenland Center in Wuhan, the CTF Guangzhou, and International Commerce Center 1 in Chongqing and many others….


Figure: China Elevator Market Segmentation on the Basis of Speed in Meters per Second, 2012

China Escalator Market Size, 2007-2012

By New Equipment Installations, 2007-2012


By Moving Walkways, 2007 – 2012

Moving walkways, also known as travelators, are generally large conveyor belts upon which people are propelled forward, and sometimes upward. The city has one of the longest outdoor covered moving walkway systems in the world, which operates both downhill and uphill. Hong Kong mid level escalator system consists of twenty escalators and 3 moving walkways.


…the moving walkways contribute only a small portion of the China’s vertical transportation system, with the majority of the installations restricted to the airport infrastructure only. In 2012, travelators in China commanded a market share of ~% in total number of elevators and escalators in China, with total installations amounting to ~ units only during the year. The overall market for moving walkways in China has augmented remarkably at a CAGR of 24.3% from 2007 to 2012 in unit terms. This growth has been attributed to the increased airport construction over the past few years, and with around 44 airports scheduled for construction in the coming years, the future of moving walkways in China continues to remain bright…

Figure: China Moving Walkways Market Size On the Basis of New Equipment Installations in Units, 2007-2012

China Escalator Market Segmentation, 2012

By End Usage, 2010-2012

The escalator market in China has showcased a stupendous growth over the period of last five years. This growth in the escalator segment of the vertical transit industry has been majorly being propelled by the growing construction of malls that has taken place in the country on a relatively large scale over the past few years.

During the year 2012, malls constituted the largest customers of escalators commanding a significant ~% share in the overall market as compared to 2010, when the market share was lower at around ~%. This upsurge in the mall construction has been attributed to the country’s changing demographic profile including increased disposable incomes…


…apart from the aforementioned, there are other types of infrastructures that have significantly contributed to the demand for escalators in the country during 2012. These infrastructures primarily constitute sophisticated and high end office and other commercial complexes. Their input to the overall escalator demand was relatively higher at 11.8% with total installations amounting to ~units in 2012….


Figure: China Escalator Market Segmentation by End Usage on the Basis of Contribution in Percentage (%), 2010-2012

Table: China Escalator Market Segmentation by End Usage on the Basis of New Equipment Installed in Units, 2010-2012


By End Use (Units Installed)

2010

2011

2012

Malls

Public Infrastructure

Office and Other Commercial Complexes

Hotels

Total

Market Share of the Major Players in China Elevator and Escalator Market

China elevator market space in the year 2012 was dominated by GiantKONE commanding a market share of 17% in 2012

The vertical transportation market in China, including elevators, escalators and moving walkways, continues to remain one of the most highly concentrated markets in the country with only a few players operating in this space. China elevator market space in the year 2012 was dominated by GiantKONE commanding a market share of ~% in 2012. The company’s share swiftly declined from ~% in 2010 to ~% during 2012. However, this decline in the company’s market share has been expected to moderate in the coming years owing to the cost cutting measures opted by the company…

Shanghai Mitsubishi Elevator Company Limited has successfully sustained itself as the third largest elevator company in the China vertical transit market since 2010. In 2012, the company registered a share of ~% in the market in China. Schindler Elevator, another significant player operating in the China’s elevator market, has strengthened its position in the country’s elevator space.

Apart from the aforementioned companies, there are other players competing in the China elevator market space. Their combined share however stood significantly higher at ~% as registered in the year 2012. This market share includes the contribution of companies such as Canny elevators, Shenyang Brilliant elevator company, SJEC Elevator Company, Toshiba elevator, Hyundai elevator, Huasheng Fujitec Elevator Co. Ltd, Guangzhou elevator and others.

Figure: Market Share of Major Players Operating in China Elevator and Escalator Market on the Basis of New Installations in Percentage (%), 2010-2012

Table: Major Players in China Elevators and Escalators Market on the Basis of New Equipment Installations in Units, 2010-2012

Leading Players

2010

2011

2012

GaintKONE

Otis

Shangai Mitsubushi

Hitachi

Schindler

ThyssenKrupp

Shanghai Yungtay

Others

Total

China Elevator And Escalator Market Future Outlook and Projections, 2013-2017

China Elevator Market Future Outlook and Projections, 2013-2017

By New Installations and Revenue, 2014-2014


China has emerged as one of the largest and most rapidly growing sectors in the global elevator landscape, significantly contributing to the global revenues and employment. China has been one of the key focus areas for major elevator companies in the world and has progressively outgrown the market over the period of the last decade. With only 1.43 elevators operating per 1000 people, the overall base of existing elevators in China continues to remain far from saturation, thereby showcasing a huge growth potential in the coming years. This growth is likely to take place on account of the heightened level of urbanization and industrialization taking place in the country’s economic scenario….


…residential segment, driven by affordable housing, will continue to serve a major thrust to the elevator market in China in the near future, primarily owing to the increasing migration of people to the urban areas for work and education, coupled with the augmenting purchasing power of the people that has spurred the country’s aggregate spending…


Figure: China Elevator Market Future Projections on the Basis of Number of Units Installed and Revenue in USD Million, 2013-2017

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For more information on the India E-learning Industry, follow our recent publication on the sector:

http://www.kenresearch.com

India E-Learning Industry to Reach USD 1.29 billion by FY’2018: Ken Research

The E-learning industry is witnessing a strong demand in the academic sector with changing teaching methods and courseware likewise in schools and colleges. Technological advancements in teaching methods has made it possible for students in the country to attend customized tutoring from teachers anywhere in the country or even in the world. Additionally virtual and blended-learning programs will facilitate mass customization in education. E-learning in K-12 is a rapidly growing segment. The reason behind this upsurge is due to the advancements in school curriculum, technological developments such as use of computers, projectors to teach students and rising popularity of instructor led training programs.

E-learning is not only limited to K-12 and higher education but has a wide scope and has been benefiting corporations by saving travelling cost, time and efforts. Corporate training has gained popularity across the globe with the adoption of continuous improvements in technology and rising demand for technically skilled workforce.

Over the period, the online education sector has witnessed many private equity and venture capital investments due to the growing demand for digital content in schools and online courses. Furthermore, online courses are now being provided by foreign universities.

According to the research report, “India E-Learning Market Outlook to FY’2018 - Increasing Technology Adoption to Drive Future Growth, the market is estimated to grow at a CAGR of 17.4% over the period FY2013-FY’2018 driven by many factors such as increasing government initiatives to promote e-learning, increasing adoption of technology, shortage of quality education, convenience and cost factors and others. With an inclination in the adoption of e-learning method to facilitate talent management in corporations, the demand of custom e-learning content and technology would increase, thereby increasing the overall growth of India’s e-learning market in future.

India e-learning market is likely to showcase a gradual positive growth in the coming years. Indian e-learning content market is expected to grow at a CAGR of 18.4% from FY’2014-FY’2018. The strong government initiatives pushing the student enrolments in higher education and distance learning will keep on propelling the market expansion.

The report provides detailed overview on the e-learning market in India and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, e-learning and education companies to align their market centric strategies according to ongoing and expected trends in the future.

For more information on the industry research report please refer to the below mentioned link:

http://www.kenresearch.com/education/learning/india-e-learning-market-research-report/393-99.html