Global Elevator & Escalator Market Forecast 2014-2024
Global Elevator & Escalator Market is projected to grow from $ 81 billion in 2018 to around $ 101 billion by 2024, owing to rising urbanization, growing construction and infrastructure sectors and increasing spending on maintenance and modernization of existing equipment base across the globe.
Some of the other factors that are expected to positively influence the market in the coming years include improving after sales services, energy efficient designs, proactive maintenance & modernization of equipment, and rising market competition coupled with growing partnerships and mergers & acquisitions. Asia-Pacific is the major demand generating region for elevators & escalators, globally, followed by Europe and North America.
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Years Considered for this Report:
• Historical Years: 2014-2017
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2020-2024
Objective of the Study:
• The primary objective of the study is to understand and gain insights about global elevator & escalator market by value & volume and its segmental analysis by type, by service, by elevator technology, by end-user, by elevator door type, by region and by company.
• To estimate and forecast global elevator & escalator market size.
• To categorize and forecast global elevator & escalator market by type - elevator, escalator and moving walk ways.
• To categorize and forecast global elevator & escalator market by service -maintenance & repair, new installation and modernization.
• To categorize and forecast global elevator & escalator market by elevator technology including traction & machine room-less traction and hydraulic
• To categorize and forecast global elevator & escalator market by end-user - residential, commercial, institutional, infrastructure and others.
• To categorize and forecast global elevator & escalator market by elevator door type - automatic and manual.
• To categorize and forecast global elevator & escalator market by region such as Asia-Pacific, Europe, North America, South America and Middle East & Africa.
• To identify major drivers & challenges for global elevator & escalator market.
• To identify major trends in global elevator & escalator market.
• To profile major companies operating in global elevator & escalator market.
Browse our full report with Table of Contents : https://www.bharatbook.com/marketreports/global-elevator-escalator-market-by-type-elevator-escalator-and-moving-walk-ways-by-service-by-elevator-technology-by-e/1337945
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Last Update : 14 January 2020
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