Elevators & Escalators

TABLE OF CONTENTS

INTRODUCTION

I. EXECUTIVE SUMMARY

II. MARKET ENVIRONMENT

• General
• Macroeconomic Environment
• Cyclical Trends
• Long Term Trends
• Construction Spending Outlook
• Residential Building Construction
• Nonresidential Building Construction
• Office & Commercial Buildings
• Other
• Nonbuilding Construction
• Improvements & Repair Spending Outlook
• Retail Sales Trends
• Fixed Investment Outlook
• Demographic & Housing Trends
• Population Size & Growth
• Housing Starts
• Building Stock Trends
• Business Establishment Trends
• Cost/Pricing Dynamics
• Technological Trends
• Regulatory & Safety Issues
• International Environment
• World Elevator & Escalator Markets
• Foreign Trade & Multinational Investment

III. PRODUCTS & SERVICES

• General
• Elevator/Escalator Products
• Passenger & Freight Elevators
• Passenger
• Freight
• Other Elevating/Lifting Equipment
• Aerial Work Platforms
• All Other

III. PRODUCTS & SERVICES (continued)

• Escalators & Moving Walkways
• Associated Products
• Controls & Electronics
• Parts & Components
• Elevator/Escalator Services
• Installation
• Repair/Modernization

IV. APPLICATIONS MARKETS

• General
• Nonresidential Buildings
• Offices
• Retail Establishments
• Lodging & Other Commercial Buildings
• Industrial Facilities
• Transportation Facilities
• Government/Institutional Facilities
• Residential Buildings
• Apartments & Condominiums
• Other
• Nonbuilding Settings

V. REGIONAL MARKETS

• General
• Regional Demand Determinants
• Economic Trends
• Demographic Trends
• Construction Spending Trends
• Elevator & Escalator Market by Region
• Northeast
• Midwest
• South
• West

VI. INDUSTRY STRUCTURE

• General
• Industry Composition & Market Share
• Product Development & Manufacturing
• Marketing & Distribution
• Financial Issues & Requirements
• Mergers, Acquisitions & Industry Restructuring
• Company Profiles
• Access Equipment LLC, see Intervect AB
• Access Industries Incorporated, see ThyssenKrupp AG
• Airdri Limited
• Alimak AB, see Intervect AB
• Bagby Elevator Company Incorporated
• Bruno Independent Living Aids Incorporated
• Bureau D�fElectronique Appliquee, see Halma plc
• Delta Elevator Incorporated
• Dover Corporation
• Electronic Micro Systems Incorporated, see Halma plc
• Formula Systems, see Airdri Limited
• Fujitec Company Limited
• GAL Manufacturing Corporation
• Genie Holding Incorporated, see Terex Corporation
• Gillespie Corporation
• Grove Investors Incorporated, see Manitowoc Company
• Incorporated
• Halma plc
• Haulotte US Incorporated, see Pinguely-Haulotte
• HEK Manufacturing BV, see Intervect AB
• Hollister-Whitney Elevator Corporation, see GAL
• Manufacturing Corporation
• Inclinator Company of America
• Innovation Industries Incorporated
• Intervect AB
• Janus Elevator Products Incorporated, see Halma plc
• JLG Industries Incorporated
• Kone Oyj
• Linamar Corporation

VI. INDUSTRY STRUCTURE

• Company Profiles (continued)
• Manitowoc Company Incorporated
• Marshall Elevator Company Incorporated
• Monitor Controls Incorporated, see Halma plc
• National Wheel-O-Vator Company Incorporated
• Otis Elevator Company, see United Technologies
• Corporation
• Peelle Company
• Pinguely-Haulotte
• Schindler Holding Limited
• Schumacher Elevator Company
• Serge Elevator Company Incorporated, see Fujitec Company
• Limited
• Texas Hydraulics Incorporated, see Dover Corporation
• Skyjack Incorporated, see Linamar Corporation
• Terex Corporation
• ThyssenKrupp AG
• Toshiba Corporation
• Tri-Tronics Company Incorporated
• United Technologies Corporation
• UpRight Incorporated
• Waupaca Elevator Company Incorporated

LIST O F TABLES

SECTION I -- EXECUTIVE SUMMARY

1 Summary Table

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Environment

2 Elevators & Escalators Market Trends

3 New Construction Expenditures

4 Residential Building Construction Expenditures

5 Nonresidential Building Construction Expenditures

6 Nonbuilding Construction Expenditures

7 Nonresidential Improvement & Repair Expenditures

8 Retail Sales Trends

9 Fixed Investment by Type

10 Population & Housing Trends

11 Building Stock

12 Business Establishments

13 World Elevator/Escalator Market

14 Trends in US Foreign Trade

SECTION III -- PRODUCTS & SERVICES

1 Elevator/Escalator Products & Services Market

2 Elevator & Escalator Products Supply & Demand

3 Passenger & Freight Elevators Supply & Demand

4 Passenger Elevators Demand by Type

5 Freight Elevators Demand by Type

6 Other Elevating/Lifting Equipment Supply & Demand

7 Aerial Work Platforms Demand by Type

8 All Other Elevating/Lifting Systems Demand by Type

9 Escalators & Moving Walkways Supply & Demand

10 Associated Products Supply & Demand

11 Elevator/Escalator Controls & Electronics Demand

12 Elevator & Escalator Parts & Components Demand

13 Elevator/Escalator Services Revenue

14 Elevator/Escalator Installations Revenue

15 Elevator/Escalator Repair/Modernization Revenue

SECTION IV -- APPLICATIONS MARKETS

1 Elevator/Escalator Products & Services Market by Application/Setting

2 Nonresidential Buildings Elevators & Escalators Market

3 Offices Elevators & Escalators Market

4 Retail Establishments Elevators & Escalators Market

5 Lodging & Other Commercial Buildings Elevators & Escalators Market

6 Industrial Facilities Elevators & Escalators Market

7 Transportation Facilities Elevators & Escalators Market

8 Government/Institutional Facilities Elevators & Escalators Market

9 Residential Buildings Elevators & Escalators Market

10 Nonbuilding Elevators & Escalators Market

SECTION V -- REGIONAL MARKETS

1 Elevator/Escalator Regional Market Profile, 2002

2 Gross Domestic Product by Region

3 Resident Population by Region

4 Construction Expenditures by Region

5 Elevator/Escalator Products & Services Market by Region

6 Northeast Elevators & Escalators Market

7 Midwest Elevators & Escalators Market

8 South Elevators & Escalators Market

9 West Elevators & Escalators Market

SECTION VI -- INDUSTRY STRUCTURE

1 Capital Spending Patterns: Selected Elevator/Escalator Companies

2 Composite Financial Ratios: Selected Elevator/Escalator Companies, 2002

3 Selected Acquisitions & Divestitures

4 Revenue & Profits Data: Selected Elevator/Escalator Companies, 2002

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

1 Elevators & Escalators Market Volatility, 1993-2002

2 Elevators & Escalators Pricing Patterns

SECTION III -- PRODUCTS & SERVICES

1 Elevators & Escalators Demand by Product/Service, 2002

SECTION IV -- APPLICATIONS MARKETS

1 Elevators & Escalators Market by Application/Setting, 2002

2 Nonresidential Buildings Elevators & Escalators Market by Setting, 2002

SECTION V -- REGIONAL MARKETS

1 Elevators & Escalators Market by Region, 2002

SECTION VI -- INDUSTRY STRUCTURE

1 Elevator/Escalator Products & Services Market Share by Company, 2002

2 Passenger & Freight Elevators Market Share by Company, 2002

3 Aerial Work Platforms Market Share by Company, 2002

4 Elevator/Escalator Services Market Share by Company, 2002