Press release
Global Escalators And Moving Walkways Market Growth Prospects, Future Industry Landscape 2032 | Gulf Elevators Co. LLC, Sigma Elevator Company, Stannah Lifts, Senhe Elevator Co, Kleemann Hellas
Escalators And Moving Walkways Global Market
The Business Research Company's Escalators And Moving Walkways Global Market Report 2023 identifies the flourishing commercial real estate market worldwide will propel the growth of the escalators and moving walkways market going forward. Commercial real estate refers to the construction of commercial activities, including companies and large residential properties. Escalators and moving walkways are used in commercial buildings to carry people and goods from one floor to the other.
The global escalators and moving walkways market size grew from $16.69 billion in 2022 to $17.78 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The escalators and moving walkways market size is expected to grow to $21.6 billion in 2027 at a CAGR of 5.0%.
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Major players in the escalators and moving walkways market are Gulf Elevators Co. LLC, Sigma Elevator Company, Stannah Lifts, Senhe Elevator Co, Kleemann Hellas, and TK Elevator.
A key trend in the Escalators And Moving Walkways market includes the New product innovation is the key trend that is gaining popularity in the escalators and moving walkways market. Major companies operating in the escalators and moving walkways sector are focused on introducing new products to sustain their position in the market.
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The Escalators And Moving Walkways market is segmented -
1) By Product: Escalators, Moving Walkways
2) By Application: Public Transit, Airport, Retail, Institutional, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Escalators And Moving Walkways market.
The Business Research Company's "Global Escalators And Moving Walkways Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Escalators And Moving Walkways Market Include:
1. Executive Summary
2. Escalators And Moving Walkways Market Characteristics
3. Escalators And Moving Walkways Market Trends And Strategies
4. Escalators And Moving Walkways Market - Macro Economic Scenario
5. Escalators And Moving Walkways Market Size And Growth
……
27. Escalators And Moving Walkways Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Escalators And Moving Walkways Market
29. Escalators And Moving Walkways Market Future Outlook and Potential Analysis
30. Appendix
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