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The Elevator and Escalator Market is expected to grow by $ 522.84 mn during 2021-2025, progressing at a CAGR of 9% during the forecast period

·3-min read

Elevator and Escalator Market in India 2021-2025. The analyst has been monitoring the elevator and escalator market in India and it is poised to grow by $ 522. 84 mn during 2021-2025, progressing at a CAGR of 9% during the forecast period.

New York, May 25, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Elevator and Escalator Market in India 2021-2025" - https://www.reportlinker.com/p03334915/?utm_source=GNW
Our report on elevator and escalator market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current India market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing number of high-speed metro projects and rising disposable income and economic growth. In addition, growing number of high-speed metro projects is anticipated to boost the growth of the market as well.
The elevator and escalator market in India analysis includes product segment and end-user segment.

The elevator and escalator market in India is segmented as below:
By Product
• Elevator
• Escalator

By End-user
• Residential
• Non-residential

This study identifies the growing number of office spaces and commercial establishments as one of the prime reasons driving the elevator and escalator market in India growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on elevator and escalator market in India covers the following areas:
• Elevator and escalator market in India sizing
• Elevator and escalator market in India forecast
• Elevator and escalator market in India industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market in India vendors that include ESCON Elevators Pvt Ltd., Fujitec Co. Ltd., Hitachi Ltd., Johnson Lifts Pvt. Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Schindler Holding Ltd., thyssenkrupp AG, and Toshiba Corp. Also, the elevator and escalator market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p03334915/?utm_source=GNW

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CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001