The Smart Elevators Escalators Market size is expected to grow at an annual average of 12% during 2021-2027. Smart elevators are advanced systems that can automate the vertical transportation of goods or passengers. The system utilizes automation to reduce waiting times and increase traffic management efficiency in residential, commercial and other buildings.The Smart Elevator system […]
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Smart elevators and escalators are installed in multi-use buildings, hotels, commercial buildings, IT parks, residential buildings, restaurants and retail stores. Population aging will be a key factor driving the smart elevator and escalator market during the forecast period. In addition, the growing elderly population in countries such as Japan and China is expected to fuel […]