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The Europe Elevator Market is projected to grow from USD 16.96 billion in 2023 to USD 24.80 billion by 2030, at a CAGR of 4.5%. This sector includes the design, manufacturing, installation, and maintenance of various elevator systems, from conventional traction models to smart solutions. Key stakeholders include manufacturers, suppliers, contractors, and building owners. Innovations focus on improving performance, safety, and sustainability, with energy efficiency and material recyclability becoming central to modern elevator design and operation.