Global $183.2 Billion Elevators & Escalators Markets to 2026
/PRNewswire/ -- The "Global Elevators & Escalators Market by Type (Elevators, Escalators, Moving Walkways), Service (New installation, Maintenance & Repair,...
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Global Smart Elevator Market 2021-2026 with Otis Elevator, Schindler Group, KONE Corporation, Thyssenkrupp AG, Hitachi and Mitsubishi Electric Dominating
Share this article Share this article ResearchAndMarkets.com's offering. The global smart elevator market size was valued at USD 9.7 billion in 2021 and is projected to reach USD 12.6 billion by 2026; it is expected to grow at a CAGR of 5.4% from 2021 to 2026. The growth of the smart elevator market is majorly driven growing need for reducing energy consumption in buildings, increased construction of high-rise buildings equipped with smart vertical transportation systems due to rapid urbanization, smart cities development among others. COVID-19 has emerged as a global pandemic that has spread...
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