Elevators and escalators are machines that take the user from one floor of a building to another floor faster that stairs. They are commonly used in buildings, flats, shopping malls, etc. They are also being installed in flats and buildings due to the ageing population and convenience. They come in different technologies such as machine room-less, traction, and hydraulic.
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Due to rapid urbanization, changing lifestyle, and increasing infrastructure, the elevators and escalators market is growing rapidly. Moreover, rise in the number of shopping complex and malls as well as increasing government regulations and real-estate acts have contributed significantly to the growth of the elevators and escalators market. The elevators and escalators market in Asia Pacific and Europe is expected to grow during the forecast period due to rapid urbanization and increased use of elevators and escalators.
The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market along with identifying major segments, and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand of global elevators and escalators market.
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By Elevator & Escalator Technology:
This upcoming study will be published shortly with a focus on the key stakeholders in the market. Regions covered in the study include North America, Asia-Pacific, Western Europe, Eastern Europe, Middle East and Rest of the World.
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Major Companies Operating in the Market
Otis Elevator Company
Mitsubishi Electric Corporation
Hyundai Elevator Co.
FUJITEC, PAPPAS Elevators
Toshiba Elevator and Building Systems Corporation
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