Smart Elevators and Escalators Market

Smart Elevators and Escalators Market stand to gain incrementing opportunities at a CAGR of 6.8% during the forecast period of 2017 to 2023

Smart Elevators and Escalators Market: Analyst Estimations Most part of the last century has been a prosperous timespan for the humanity and infrastructure development has happened at an exponentially progressive rate. These infrastructures are invariably in multiple stories, which had given birth to the invention of elevators, and now a demand for them to improve consistently to attain greater velocities and efficiencies. Escalators are a sister segment of the larger

Smart Elevators and Escalators Market - Increase in Construction Activities in Developing Countries Generating Growth

Most part of the last century has been a prosperous timespan for the humanity and infrastructure development has happened at an exponentially progressive rate. These infrastructures are invariably in multiple stories, which had given birth to the invention of elevators, and now a demand for them to improve consistently to attain greater velocities and efficiencies. Escalators are a sister segment of the larger elevators market, enabling people to tirelessly travel

Smart Elevators Escalators Market: Giant Leaps by Infrastructure Developments in Emerging Economies bolster uptake

The global smart elevators escalators market witnesses a consolidated landscape as a large portion of the global shares lie at the hands of few players, notes Transparency Market Research (TMR). Top players include thyssenKrupp AG, KONE Corporation, Otis Elevator Company, and Schindler Holding Ltd. These players have earned sizeable stakes in the market on account of their vast technological expertise and pervasive geographic presence, especially in developing countries. TMR observes

Smart Elevators and Escalators Market - Prospering Demand from Real Estate Sector propels Growth

The global smart elevators and escalators market witnesses a consolidated landscape as a large portion of the global shares lie at the hands of few players, notes Transparency Market Research (TMR). Top players include thyssenKrupp AG, KONE Corporation, Otis Elevator Company, and Schindler Holding Ltd. These players have earned sizeable stakes in the market on account of their vast technological expertise and pervasive geographic presence, especially in developing countries. TMR

Smart Elevators and Escalators Market - Infrastructural Development in Emerging Economies a Boon

Feeding-off rapid infrastructural development across emerging economies and driven by the trend of energy efficiency, a fresh business intelligence report by Transparency Market Research (TMR) has projected the demand in the global smart elevators and escalators to expand at a formidable CAGR of 6.8% during the forecast period of 2017 to 2023. However, despite the fruitfulness of the market for smart elevators and escalators, the analyst of the report has

Rising Focus on Green Construction Activities to Boost Demand for Smart Elevators and Escalators

The highly consolidated smart elevators and escalators market is dominated by few large companies operating amid intense competition in the race to increase their operational footprint across the globe. The four largest vendors in the market – Otis Elevator Company, Schindler Holdings Ltd., ThyssenKrupp AG, and Kone Corporation, accounted for a massive cumulative share of nearly 61% in 2015, and have bagged several major national and international projects in the past

Rising Focus on Green Construction Activities to Boost Demand for Smart Elevators and Escalators

According to the United Nations, the world is presently witnessing the largest wave of urban development. For the very first time in the history of the world, more than half the world’s population is residing in urban dwellings. The swelling number of urban-living population is expected to rise to nearly 5 bn by 2030. The trend of urbanization will lead to the construction of taller commercial and domestic dwellings so