QYR Market Research Global Smart Elevators and Escalators market | Page 4

QYResearch
The Smart Elevators and Escalators are expected to grow at a CAGR of
5.53% from 5083.8 million USD in 2017 to reach 7719.2 million USD by
2025 in global market. The Smart Elevators and Escalators market is very
concerted market; the revenue of top nine manufacturers accounts about
93% of the total revenue in 2017. The high-end products mainly come from
USA and Europe.
The leading manufactures mainly are Otis, Kone, ThyssenKrupp, Schindler,
and Mitsubishi Electric. Otis is the largest manufacturer; its revenue of
global market exceeds 33% in 2017. The next is Kone and ThyssenKrupp.
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