Insights into the Global Elevator Industry: Current Trends and Future Outlook.
The Global Elevators Market Size was valued at $19.9 billion in 2023, and is projected to reach $59.4 billion by 2031, growing at a CAGR of 14.2% from 2024 to 2031.
The elevator industry continues to expand primarily due to urbanization, which drives demand for vertical transportation solutions in densely populated areas. Technological advancements play a crucial role, with...
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