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Elevators and Escalators Market (Volume, Value) Analysis by Product Type (Elevators, Escalators),Technology (Electric, Hydraulic) and Forecasts to 2022

Elevators and Escalators Market at 6.37% CAGR by 2022 (Volume, Value) Analysis and forecasts in new research at ReportsnReports.com

 

Pune, Maharashtra -- (SBWIRE) -- 07/05/2017 -- Elevators and Escalators Market is projected to display a robust growth represented by a CAGR of 6.37% during 2017 - 2022, chiefly driven by rapid construction in emerging economies in Asia-Pacific and Middle East Countries.

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Over the recent years, the global elevators & escalators industry has gone through rapid transition supported by the advancement in technologies and increasing construction of skyscrapers catering to the fast paced vertical expansion of the cities. The elevators & escalators market has grown significantly due to rapid urbanization and construction of high rise buildings particularly in emerging economies. Globally, the growth in the elevators and escalators market is driven by increasing population in metropolitan cities, rising disposable incomes, increasing investment in public infrastructure and high demand for affordable house. Additionally, a significant number of elevators and escalators with the age of 20 years and above in developed economies coupled with changing regulations & safety codes and growing preference for energy efficient elevators are anticipated to impel the elevators & escalators market particularly in modernization segment.

Company Analysis - Otis Elevator Company, Schindler Holding Ltd., KONE Corporation, thyssenkrupp Elevator Technology, Hitachi, Ltd., FUJITEC CO., LTD., Shanghai Mitsubishi Elevator Co. Ltd. Order a copy of report @ http://www.reportsnreports.com/purchase.aspx?name=1114568.

Global Elevators and Escalators Market provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global elevators and escalators market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Scope of the Report

Global Market (Actual Period: 2012-2016, Forecast Period: 2017-2022)
Elevators & Escalators Market By Product Type (Elevators, Escalators)
-By Technology (Electric, Hydraulic)
-By Business Type (New Installations, Maintenance, Modernization)
-By End User (Residential, Commercial, Hospitality, Others)
-Regional Markets - North America, Europe, Latin America, Middle East, Asia-Pacific and ROW

Elevators & Escalators Market By Product Type (Elevators, Escalators)
-By Technology (Electric, Hydraulic)
-By Business Type (New Installations, Maintenance, Modernization)
-By End User (Residential, Commercial, Hospitality, Others)
-Country Analysis - U.S., Canada, Germany, France, U.K., Spain, Italy, China, India, Japan, Saudi Arabia, UAE, Brazil, Mexico

Complete TOC Available @ http://www.reportsnreports.com/reports/1114568-global-elevators-and-escalators-market-volume-value-by-product-type-elevators-escalators-by-technology-electric-hydraulic-by-business-type-new-installations-maintenance-modernization-by-end-user-res-2012-2022.html.

Elevators & Escalators Market By Product Type (Elevators, Escalators)
-By Technology (Electric, Hydraulic)
-By Business Type (New Installations, Maintenance, Modernization)
-By End User (Residential, Commercial, Hospitality, Others)

Other Report Highlights
-Market Dynamics - Trends, Drivers, Challenges

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