Urology Surgical Market: Industry Research Report 2018-2025 Elevator Modernization Market | Page 4
Elevator Modernization Market
Publication Month: Dec 2017 | No. of Pages: 196| Report Code:
TIPTE100000619 | Category: Electronics and Semiconductor
Geographically, Europe contributed the maximum market share in 2016 in the
elevator modernization market, owing to high increase in the renovations in the
region. Government of several countries are taking initiatives in the reconstruction
of the older buildings for high rise buildings due to safety factors and also to
increase foreign tourism and companies in the countries. Reconstructions are also
being taken due to government initiatives for a safer and green infrastructure and
saving new construction costs. These factors are anticipated to further propel the
demand for elevator modernization in Europe region. Some of the global key
players operating in the elevator modernization market are United Technologies
Corporation, KONE Corporation, Schindler Holding Ltd., ThyssenKrupp AG, Fujitec
Co. Ltd., and Hitachi Ltd. Electra Elevators, Hyundai Elevators Co. Ltd., Mitsubishi
Electric Corporation, and Toshiba International Corporation are other key
companies in the market.
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