In developed economies across

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» In developed economies across (بازديد : 12)
» Mitsubishi Electric Corporation (بازديد : 7)
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This is owing to the stagnant growth of the construction industry in these regions post the recent economic depression of 2008.50 bn in 2015 to US330. Of these, the segment of conventional elevators dominated the global elevator market in terms of both revenue and volume in 2015. In terms of volume, the market is projected to expand at a healthy 6.The elevators market in the Rest of the World (RoW) is expected to gain significant traction from 2016-2023. However, new installations are projected to rise in the next few years owing to initiatives taken by the African government to improve infrastructure, which is presently one of the biggest obstacle to the region’s economic growth. For instance, in the twelfth five-year plan (2012–2017), the government of India plans to invest more than 7% of its total budget for industrial infrastructure development and construction. Including regions such as Middle East, Africa and Latin America according to the scope of the report, the market for elevators in the RoW sector is driven by the rising number of construction activities in the Middle East.

The market for smart elevators will be influenced by factors such as the rising adoption of wireless technology, enhanced security concerns, rapid urbanization, increasing demand for energy efficient solutions, and steady growth of global economies. However, the situation is steadily improving and the market for elevators is expected to witness healthy growth across Europe and North America as well in the next few years. Owing to these factors, a sharp shift from traditional hydraulic elevators to the smart elevators that consume less time and energy is expected to be witnessed in the coming years.4% CAGR in terms of revenue over the period between 2016 and 2023.Asia Pacific to Continue to Uplift Growth ProspectsThe market for elevators in Asia Pacific held the dominant share in the global elevators market, accounting for over 34% in terms of revenue and 50% in terms of volume in 2015.45 bn by 2023.

In developed economies across Europe and North America, the market achieves more gains from repair and maintenance services as against new product sales.However, the segment of smart elevators is expected to emerge as the most lucrative one in the next few years. The vast rise in adoption of elevators in APAC’s burgeoning construction industry is a key driver of the market in the region.As a result, it presently draws a significant share in its overall revenues from sales across developing economies in regions such as Asia Pacific, Latin America, and Africa. The market for smart elevators is expected to exhibit a CAGR of 7. The segment held a share of over 80% in terms of revenue and over 75% in terms of volume of the overall market in the Elevator accessories said year. At present, not many African countries have many skyscrapers and the demand for elevators is primarily for repair and maintenance purposes. At this pace, the market will rise from a valuation of US181. Governments of developing countries in the region are increasingly funding infrastructure development and construction activities, which is fuelling the growth of the elevator market.9% in terms of revenue and 6. This trend is expected to keep the elevators market guiding along a healthy growth path in the region in the next few years as well.Transparency Market Research estimates that the global elevators market will exhibit a 7.Some of the key vendors operating in the highly consolidated global market for elevators are Toshiba Corporation, Mitsubishi Electric..6% in terms of volume from 2016 through 2023.3% CAGR over the said period.


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نوشته شده در دوشنبه ۲۳ اردیبهشت ۱۳۹۸ساعت 8:19
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» Mitsubishi Electric Corporation (پنجشنبه ۰۲ خرداد ۱۳۹۸ | ۰۸:۳۳)
» In developed economies across (دوشنبه ۲۳ اردیبهشت ۱۳۹۸ | ۰۸:۱۹)

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