Elevator and Escalator Market to Surge by $90.1 Billion, Driven by AI and Smart Technology

Unknown Apr 02, 2026 1,050 Views

The global elevator and escalator market is projected to grow by USD 90.1 billion between 2025 and 2029, with a robust CAGR of 10.8%. This surge is fueled by increasing demand for smart elevators equipped with AI-powered features like predictive maintenance, energy efficiency, and intelligent des...

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