[English Market Research Report] Global Market for Elevators and Escalators
Product ID: 1363918 Publisher: Orion Market Research
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The global elevator and escalator market is expected to experience significant growth with a CAGR of 8.5% during the forecast period. Factors driving market growth include the increase in large mixed-use facilities and multi-story complexes, the rising demand for foot traffic management in public facilities such as shopping malls, and the growing popularity of energy-efficient escalators and elevators. Due to these factors, market players are introducing space-saving designs and advanced technologies for the elevator and escalator market to meet the increasing demand and maintain competitiveness in the region. For example, in May 2023, TK Elevator GmbH, a pioneer in the elevator industry, launched the EOX in North America. This environmentally efficient elevator platform is designed to meet the demands of buildings ranging from two to ten stories, thanks to its space-saving design, advanced technology, and reduced lead times. The EOX features an eco mode that reduces elevator speed and acceleration during low-traffic periods, as well as enhanced cabin sensors that monitor entrance safety and ride comfort.
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Publication Date: September 15, 2023 Publisher: Orion Market Research Page Information: English 175 Pages Table of Contents Chapter 1 Report Overview Chapter 2 Market Overview and Insights Chapter 3 Competitive Landscape Chapter 4 Market Segmentation Chapter 5 Regional Analysis Chapter 6 Company Profiles *The table of contents and prices for this report are as of the time of publication. Please contact us for the latest information.
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