Ken Research - Italy Elevators and Escalators Industry Research | Page 2

high demand for residential properties in the country. The companies with expertise in designing and manufacturing elevators are likely to have a significant growth in the future. The industry is also expected to generate a significant amount of its revenue from the maintenance and modernization of elevators and escalators in public infrastructure facilities, schools, hospitals, public offices and commercial spaces. Energy efficient elevators and escalators is the new concept in the industry and is gaining popularity among architects and builders. For optimum operation and to have a minimum carbon footprint designers and architects are designing buildings and complexes that use the minimum energy. Various advancements in the elevator and escalator technology have brought significant changes in the design and efficiency of machines and equipments used. The Italian market is likely to expand on the back of the growing residential real estate market, development of commercial spaces and the expected increase in government’s spending on public infrastructure. Ken Research in its latest study, Italy Elevators and Escalators Market by New Equipment Installation & Maintenance & Modernization, by Elevator (by End Usage, by Type of Machinery, by Door Types and by Sector) and by Escalator (by End Usage and by Escalators and Moving Walkways) - Outlook to 2022, suggests that the elevator and escalator market in the Italy will grow at a gradual rate owing to the introduction of new technology and growth in the residential real estate sector. Key Topics Covered in the Report:  Italy Elevators and Escalators Market Revenue  Italy Elevators Market Demand  Escalators Demand in Italy  Italy Elevator Maintenance Market  Italy Escalators Maintenance Market  Elevators Demand from Commercial and Retail Sector  Passenger Elevator Market Size Italy  Material Handling Elevators Market Size Italy  Maintenance Contacts of Elevators Italy  Hydraulic elevators demand in Italy  Italy Elevator Aftermarket Size  Moving Walkways elevator companies Italy  Regulations in Italy elevator and escalators market  Escalators Demand from Residential Sector  Competition Italy Elevators and Escalators Industry  Major Companies Italy Elevators and Escalators Market  Future Outlook of Italy Elevators Market  Future Outlook of Italy Escalators Market  Otis Italy revenue from elevators and escalators  Kone Italy revenue from elevators and escalators  Schindler Italy revenue from elevators and escalators