Elevator and Escalator Market 2015-2019 - Global Market to Grow at a CAGR of 12.23% over the Period 2014-2019
Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management. Technavio's analysts forecast the global elevator and escalator market to grow at a CAGR of 12.23%, in terms of new installed units over the period 2014-2019.
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