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Stock impact report

Thailand Elevator and Escalator Market Size & Growth Forecast 2024-2029, Featuring Key Players KONE, Otis, Hyundai Elevator, TK Elevator, Mitsubishi Electric, Hitachi, Schindler and Fujite...

MITSUBISHI ELEC UNSP/ADR (MIELY) 
NASDAQ:AMEX Investor Relations: mitsubishielectric.com/company/ir/index.html
Company Research Source: Yahoo! Finance
The Thailand elevator and escalator market by new installations accounted for 8.1 thousand units in 2023 and is expected to grow at a CAGR of 3.81% from 2023-2029, to reach 10.25 thousand units in 2029. The key players in the Thailand elevator and escalator market are KONE, Otis, Hyundai Elevator, TK Elevator, Mitsubishi Electric, Hitachi, Schindler, and Fujitec. The top 2 prominent vendors, including Hitachi and Mitsubishi, account for 52% of market share in Thailand. KEY HIGHLIGHTS In October 2023, The Federation International Football Association (FIFA) selected Thailand to host the 2024 FIFA Congress, which will be held in May 2024. This opportunity will boost Thailand's presentation and drive various investment opportunities. The condominium market in Phuket stands to benefit from this growth of being a coastal tourist destination. Given the city's potential as an appealing global destination, it recently earned a spot in Time magazine's World's Greatest Places 2023 list Show less Read more
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