Press release
Elevators and Escalators Market Size, Growth Drivers, Market Opportunities, Industry Trends and Forecast to 2023
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Elevators are used to move people and goods between different levels or floors in any building. Escalator on the other hand is a moving staircase, consisting of a circulating belt of steps which conveys people between floors in a public building.
The demand for elevators and escalators is also expected to up surge in the Middle-East during the forecast period. The market for maintenance and modernization of elevators and escalators in the developed countries is expected to surge, due to their ageing infrastructure and requirement for up-gradation.
Approximately 40% of the global energy is consumed by buildings. The energy consumption by elevators and escalators in a building varies between 2% – 10%, which necessitates the need of an efficient mobility solution between floors.
The market for new equipment is consolidated, whereas it is fragmented in case of maintenance and modernization. The maintenance services are provided by the new equipment suppliers, as well as small and medium-sized local players.
Read summary of report here : https://www.psmarketresearch.com/market-analysis/elevators-and-escalators-market
The key players operating in the global activated carbon market are Carbon Resources LLC, Advanced Emissions Solutions Inc., Kureha Corporation, Donau Chemie AG, Clarimex, Haycarb PLC, CarboTech AC GmbH, Arkema Group, Kuraray Chemical Co. Ltd., WestRock Company, Siemens AG, Osaka Gas Chemicals Group, Cabot Corporation, and Veolia.
Global Elevators and Escalators Market Segmentation:
By Market Type
New Equipment
Maintenance and Modernization
By Geography
North America
Latin America
Western Europe
Central and Eastern Europe
Asia-Pacific
Middle-East & Africa
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