The Elevators and Escalators Market size is expected to grow at an annual average of 5% during 2021-2027. Technavio identifies the growing demand for smart elevators as one of the key factors driving the growth of the elevators and escalators market. Smart elevators are the result of extensive R&D efforts in the design and development of energy-efficient elevators. These elevators not only reduce energy consumption, but also minimize the time it takes to move between building floors.
(Get 15% Discount on Buying this Report)
A full report of Elevators and Escalators Market is available at: https://www.orionmarketreports.com/elevators-and-escalators-market/27748/
The following segmentation are covered in this report:
By Service:
- New installation
- Maintenance & repair
- Modernization
By Type:
- Elevators (passenger, freight, single, and double deck elevators)
- Escalator
- Moving walkways
By End-use Industry:
- Residential
- Commercial
- Institutional
- Infrastructure
- Others (industrial and marine industry)
Company Profile
- ThyssenKrupp AG
- Kone Corporation
- Otis Worldwide Corporation
- Schindler Group
- Fujitec Co. Ltd.
- Mitsubishi Electric Corporation
- Hyundai Elevator Co. Ltd.
- Hitachi Ltd.
- Toshiba Corporation
- Orona Group.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Elevators and Escalators Market
- The market share of the global Elevators and Escalators Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Elevators and Escalators Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Elevators and Escalators Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
