Elevator and Escalator Market2015: Key Major Players Are United Technologies Corporation, Kone Corporation, Schindler Holding Ltd and Thyssen Krupp AG
The global elevator and escalator (E&E) market comprises three main segments: New equipment, Modernization and Maintenance. Globally, half of the people are migrating from rural areas to urban areas, with rapid urbanization in emerging nations like China, India, and Middle East the demand for new equipment will surge in the years to come. In mature markets like US and Europe, cities and buildings are growing older and hence needs to be upgraded or modernized. Modernization is in itself a complex...
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