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Kamis, 21 April 2022

Indonesia Elevator & Escalator Market Analysis & Forecasts.

Indonesia Elevator & Escalator Market Analysis & Forecasts

Indonesia Elevator & Escalator Market Analysis & Forecasts

The "Indonesia Elevator & Escalator – Market Size & Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Indonesia elevator and escalator market is expected to grow at a CAGR of 5.01%.

This report considers the present scenario of the Indonesia elevator and escalator market and its market dynamics for the period 2018-2024.

The study covers a detailed overview of various market growth enablers, restraints, and trends. It covers both the demand and supply aspects of the market. The study profiles and analyzes leading companies and several other prominent companies operating globally.

Due to increased urbanization and population expansion, the residential and public transit segments are the leading and second fastest expanding segments, respectively. After China and Japan, Indonesia has the third-largest share of urban land in East Asia.

In Indonesia, a series of breakdowns happened on a Hitachi elevator at Monumen Nasional (Monas), such incidents highlight the increasing demand for maintenance in elevators and escalators.

The market is highly competitive characterized by the presence of several OEMs including KONE, Otis, Hyundai Elevator, TK Elevator Mitsubishi Electric, Hitachi, Schindler, Fujitec, Kohler, CANNY Elevator Co. and others.

Key Highlights

In 2017, the Indonesian government launched the "100 Smart Cities Movement," a digitalization initiative. For 200 million Singapore dollars (USD 149 million), Mitsubishi Corp. will add an urban development project to its smart city initiative near Jakarta, picturing residential and commercial zones developed on six hectares around a railway station.

After China and Japan, Indonesia has the third-largest share of urban land in East Asia. Between 2000 and 2010, Indonesia's urban land rose by 1.1% every year, from around 8,900 square kilometers to 10,000 square kilometers. It is the largest increase in the absolute amount of urban land after China.

Due to increased urbanization and population expansion, the residential and public transit segments are the leading and second fastest expanding segments, respectively.

In Asia, Indonesia has the cheapest real estate. Jakarta's commercial area has a price per square meter that is 20% cheaper than Hanoi's and 55% less than Bangkok's.

The major skyscraper infrastructure project, Thamrin Nine Tower 1, will be the tallest skyscraper in Indonesia, standing at 333.5 m with 70 stories, leading to the demand for elevators and escalators in Indonesia.

Key Vendors

Other Prominent Vendors

  • Kunshan Hualong Elevator
  • SJEC
  • Suzhou Jiude Electrical & Mechanic Technology
  • Shenyang Yuanda Intellectual Industry
  • IFE Elevators

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Senin, 18 April 2022

gapendo.org

Indonesian Association of Elevator and Escalator Companies

GAPENDO or Gema Perusahaan Elevator dan Eskalator Indonesia is an Association of elevators and escalators companies in Indonesia and is a partner of the government.

Gapendo was formed in 2021, as the Association of Lift Companies in Indonesia, Gapendo has a vision to help its members become companies that have strong competitiveness.

With the mission of creating member companies to have corporate legality administratively and personally according to the laws in force in Indonesia, as well as fostering member companies so that they can become elevator and escalator companies that develop better.

In its activities, Gapendo as the Association of Elevator and Escalator Companies in Indonesia has training programs for its members for skills up related to elevators and escalators to build the competence of member companies.

Gapendo realizes that human resources are the basis of the company's growth and Gapendo will continuously improve the quality of human resources by conducting effective and effective technical training in order to improve company performance and work safety levels by providing safety training to obtain SIO and AK3 Elevators and Escalators.

Another training program, Gapendo will provide guidance related to management and corporate governance with the aim that members of the Indonesian Elevator Association are able to improve the company's competitiveness in the future.

GAPENDO or Gema Perusahaan Elevator dan Eskalator Indonesia is an Association of elevators and escalators companies in Indonesia and is a partner of the government.

Gapendo was formed in 2021, as the Association of Lift Companies in Indonesia, Gapendo has a vision to help its members become companies that have strong competitiveness.

In its activities, Gapendo as the Association of Elevator and Escalator Companies in Indonesia has training programs for its members for skills up related to elevators and escalators to build the competence of member companies.

Gapendo realizes that human resources are the basis of the company's growth and Gapendo will continuously improve the quality of human resources by conducting effective and effective technical training in order to improve company performance and work safety levels by providing safety training to obtain SIO and AK3 Elevators and Escalators.

Another training program, Gapendo will provide guidance related to management and corporate governance with the aim that members of the Indonesian Elevator Association are able to improve the company's competitiveness in the future.

Gapendo understands the existing market demands, both from small projects and large projects and Gapendo which is the Indonesian Association of Elevator and Escalator companies (Asosiasi Perusahaan Elevator Eskalator Indonesia) will try to develop its members into companies that are able to grow better.

Are you the owner or Director of an elevator and escalator company in Indonesia? Let's join us!

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