Elevator and Escalator Industry: Technological Integration for Efficiency The Elevator and Escalator Industry are in the throes of substantial growth, boasting an estimated value of USD 85.2 billion in 2022 and propelling towards an impressive USD 144.21 billion by 2030. This exceptional trajectory is accentuated by a notable compound annual growth rate (CAGR) of 6.8% during the forecast period from 2023 to 2030.
The driving forces behind this...