Elevators and Escalators Market Keyword examining The Covid-19 Impact On Sales Record A Major Upturn Amid Covid-19 Pandemic.

Elevators and Escalators Market Analysis: Market Research Future (MRFR) presumes the global Elevator & Escalator Market Size was valued at USD 90.67 Billion in 2021. The Elevators and Escalators market industry is projected to grow from USD 102.85 Billion in 2022 to USD 200.32 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.69% during the forecast period (2022 - 2030) Elevators and escalators are two unavoidable aspects of human life. Elevators and escalators are a must-have in any building due to the variety of malls and skyscrapers. Busy time schedules and an increased number of aging population necessitate the facility of escalators and elevators in residential apartments across the globe. According to the United States Census Bureau, the aging population (those over the age of 65) accounted for 8.5% of the overall global population in 2015, and this figure is expected to rise to 12.0% by 2030. The growing demand from end-use sectors...