Analytics, Research & Consulting U.S. Elevators Modernization & Maintenance Market | Page 2

Controllers held the largest share in the U.S. Elevators Modernization & Maintenance Market Controller Equipment held the largest share of over 33% in the U.S. Elevators Modernization Market, followed by door equipment and power units with 19% and 18% respectively. This dominance is mainly due to the smooth and flawless maintenance of elevators by changing them on a frequent basis,, advanced technology to avoid breakdowns and disruptions have resulted in the growing market. There are many key players operating in the U.S. elevator modernization market. By introducing new power saving elevator equipment with advanced technology, could boost their revenues and market growth over the forecast period. The key end-user industries include Commercial, Residential, Industrial, Marine, and others. Contact : [email protected]