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(Construction.IndustryNews247.Com, March 15, 2018 ) The preference for smart elevators is increasing mainly due to the growing need for minimizing the travel time between building floors and to make the residential elevators energy-efficient. Smart elevators include controls like biometrics, touchscreens, access control, and destination dispatch systems. These elevators are also integrated with systems that act as a facility for security. Publisher’s market research report identifies the increasing demand for smart elevators to be one of the primary growth drivers for the global elevator and escalator market till 2022. The preference for smart elevator will continue to increase in comparison to traditional ones as they offer improved integrated access control features, better control of escalator lift traffic, and reduced wait times. Our market research analysts predict that in terms of units, this market will grow at a CAGR of close to 8% by 2022.
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Segmentation by geography and analysis of the elevator and escalator market -Americas -APAC -EMEA
In terms of geographic regions, EMEA accounted for the majority share of the elevator and escalator market during 2017. Factors such as growth in the construction industry and popularity of smart elevators will trigger the growth of the lift and escalator market in this region during the next four years.
Get Discount on Report http://www.reportsweb.com/inquiry&RW00011688112/discount .
Table of Contents
PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE PART 05: MARKET SIZING PART 06: FIVE FORCES ANALYSIS PART 07: MARKET SEGMENTATION PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES PART 12: MARKET TRENDS PART 13: VENDOR LANDSCAPE PART 14: VENDOR ANALYSIS PART 15: APPENDIX
For More Information about This Report: http://www.reportsweb.com/global-elevator-and-escalator-market-2018-2022 .
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