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Elevators And Escalators Market: Global Industry Analysis and Opportunity Assessment 2016-2026
Elevators and Escalators are the two unavoidable parts of everyday life of humans. Multifarious malls and skyscrapers make elevators and escalators the must-haves in every building. Busy time schedules and increased number of ageing population necessitate the facility of escalators and elevators in residential apartments across the globe. According to the U.S. Census Bureau, the ageing population (above 65 years) held 8.5% share of the total population worldwide during the year 2015 and is projected to increase its share to 12.0% by 2030.
