Traction Elevators Market Size | Anticipated USD 65.09 Bn. by 2029 | SANYO Electric Co., Ltd., SJEC Corporation, KLEEMANN Aufzüge GmbH
Global Traction Elevator Market to Reach USD 65.09 Billion by 2029, Driven by Urbanization and High-Rise Construction
The global traction elevator market is expected to reach USD 65.09 billion by 2029, growing at a CAGR of 6.9% from USD 40.8 billion in 2022, according to a new report by Maximize Market Research. This growth is fueled by the increasing urbanization, rising demand for...
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