The Elevator and Escalator market was valued at USD 11.97 billion in 2019 and is expected to reach USD 18.34 billion by 2027, growing at a CAGR of 5% from 2021 to 2027. Elevators and escalators are two unavoidable parts of human daily life. Various shopping malls and skyscrapers make elevators and escalators a staple […]
Tag Archives: Elevators and Escalators Market
Elevators and escalators are two unavoidable parts of human daily life. Various shopping malls and skyscrapers make elevators and escalators a staple of any building. Due to busy timetables and an aging population, escalators and elevators are required in residential apartments around the world. According to the U.S. Census Bureau, the aging population (age 65 […]