A recent report published by Infinium Global Research on elevators and escalators market provides in-depth analysis of segments and sub-segments in the global as well as regional elevators and escalators market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional elevators and escalators market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global elevators and escalators market. According to the report, the global elevators and escalators market is projected to grow at a CAGR of 7% over the forecast period of 2018-2024.
The report on global elevators and escalators market covers segments such as service type and application. On the basis of service type, the sub-markets include new installation, maintenance & repair, and refurbishing. On the basis of application, the sub-markets include residential, commercial, and industrial.
The report provides profiles of the companies in the market such as Kone Corporation, Schindler Group, Otis Elevator Company, Fujitec, Thyssenkrupp AG, Mitsubishi Electric Corporation, Hitachi, Ltd., Building Systems Corporation, Toshiba Elevators, SJEC Corporation, Hyundai Elevator Co., Ltd., and Shanghai Mechanical.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of elevators and escalators market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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