Smart Elevators and Escalators Market to Rise at 6.8% CAGR During 2017–2023
The global smart elevators and escalators market witnesses a consolidated landscape as a large portion of the global shares lie at the hands of few players, notes Transparency Market Research (TMR). Top players include thyssenKrupp AG, KONE Corporation, Otis Elevator Company, and Schindler Holding Ltd. These players have earned sizeable stakes in the market on account of their vast technological expertise and pervasive geographic presence, especially in developing countries. TMR observes that leveraging on this potential has enabled these companies...
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