Elevator and Escalator Market : A Look at the Industry's Current Status and Future Outlook
The Elevator and Escalator Market size was estimated at USD 149.2 billion in 2023 and is expected to reach USD 265.2 billion by 2032 at a CAGR of 6.6% during the forecast period of 2024-2032. The elevator and escalator market is experiencing steady growth, driven by rapid urbanization, rising population density, and the growing need for efficient vertical transportation in both...
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