Electric Elevator and Escalator Market is Expected to Clock a...

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2023-08-08 08:37:23 -

Electric Elevator and Escalator Market is Expected to Clock a Notable A CAGR of 7% and Reach USD 154.43 Billion by 2032

Market Overview The global market for electric elevators and escalators had a value of USD 84 billion in 2022, and it is projected to reach USD 154.43 billion by 2032. Throughout the forecast period, the market is anticipated to experience a rapid compound annual growth rate (CAGR) of 7%. This growth is primarily driven by factors such as increasing urbanization, a growing demand for efficient...

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