Elevators and Escalators Market to Attain USD 157.36 billion by 2035
The global elevators and escalators market is projected to grow from USD 79.25 billion in 2025 to USD 157.36 billion by 2035, reflecting a CAGR of 7.1%. This expansion is primarily driven by rapid urbanization, high-rise construction, and smart city initiatives across Asia-Pacific, the Middle East, and Latin America.
As urban populations rise,...
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