The Sale of Elevator & Escalator in Turkey is Expected to Reach 25.5 thousand Units by 2028 - Arizton

According to Arizton's latest report, Turkey elevator and escalator market to grow at a CAGR of around 4% during 2022-2028. Replacement of Aging and Installed Elevators: The introduction of smart city projects in key economic cities, including Istanbul, Ankara, Konya, Gaziantep, Izmir, Bursa, Kocaeli, Eskisehir Tepebaşı, Çanakkale, and Antalya in Turkey is boosting the long-term demand for elevators in Turkey.

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UPCOMING PROJECTS EXPECTED TO BOOST MACHINE ROOM TRACTION ELEVATORS DEMAND
• Traction elevators are energy-efficient and provide a smooth and quiet ride for passengers. In addition, most modern elevators are typically gearless traction, which is considered the most energy and space-efficient solution available, thereby driving the growth of this segment.
• Most installed base elevators are gearless traction, as it helps in energy-efficient practices and is also space efficient, which is an addition in the rise of the segment.

Profiles and 6 Other Prominent Vendors
Key Vendors
• Kone
• Mitsubishi Electric
• TK Elevator
• Hitachi
• Hyundai Elevator
• OTIS
• Schindler
Other Prominent Vendors
• KLEEMANN
• WITTUR
• ISF Elevator
• SCHMERSAL
• MERIH ELEVATOR
• AMETAL
MARKET SEGMENTATION
Type
• Hydraulic and Pneumatic
• Machine Room Traction
• Machine Room Less Traction
• Others
carriage Type
• Passenger
• Freight
Person
• 2-15
• 16-24
• 25-33
• 34 and Above
End-User
• Commercial
• Residential
• Industrial
• Others

To know more: https://www.arizton.com/market-reports/turkey-elevator-and-escalator-market

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This release was published on openPR.