Elevators and Escalators Market to Surpass USD 157.36 billion by 2035

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2026-04-09 14:31:04

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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