Elevator modernization is a process of upgrading the existing elevator to make the elevator
safer, more efficient and more attractive. It is one of the emerging services in the elevator
industry and encompasses two kinds of modernizations namely full modernization and
partial modernization. Modernization service providers assist the customers in choosing the
modernization type and services. Increase in concerns towards energy efficiency, Co2
emissions and emphasis on security and safety are the primary factors that have been
driving the growth for this market. Opposition from vintage elevator enthusiasts and the
suitability of modernization with old power infrastructure buildings obstructs the reach of
modernization services.
Browse 176 Pages of Recent Research on Elevators Modernization Market -By Elevator
Type (Traction, Hydraulic) By Components (Controller, Door Equipment, Power Units and
Others) By Type (Full & Phased Modernization) By End-User (Residential, Commercial,
Marine,
Industrial,
Others)-Forecast(2016–2021)
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http://www.marketintelreports.com/report/air%200058/elevators-modernization-market-by-elevator-type-traction-hydraulic-by-components-controller-door-equipment-powerunits-and-others-by-type-full--phased-modernization-by-enduser-residential-commercialmarine-industrial-othersforecast20162021