Global Elevator Modernization Market 2018 Top Company – Mitsubishi Electric, Kohler Elevator, Schindler Group
Adoption of machine room-less elevators, green elevators, and other eco-friendly designs of elevators have provided huge opportunities for growth in the elevator modernization market. Further, rise in investments in commercial sector such as IT & BFSI buildings, malls & hospitality, hospitals, airports, transportation, and other commercial buildings, rapid urbanization & industrialization, and significant GDP growth will enable the market to bloom in the near future.
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