An escalator is a conveyor transportation machine for transporting people. It consists of a staircase whose steps move down or up on tracks that keep the surfaces of the individual steps horizontal. Escalators are widely used in various department stores, shopping centers, cinemas, sports complexes, exhibition halls, airports, railway stations, metro stations and a host of other buildings. Escalators can transport large numbers of people. quietly, efficiently, and safely. It operates at a speed of 30 meters (100 ft) per minute approx. It can handle high traffic, and in multi-level retail hubs it plays an important role in safeguarding that all floors are visited consistently. It can carry large no. people and goods transportation solution.

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Global Escalators Market: Forecast by Type / Application / Region

Rapid urbanization, increasing development in real estate sector, and necessity for rapid & efficient transit systems are the major factors propelling the growth of the market. In addition, increasing demand from various industry verticals such as residential, commercial, and public transit, among others have also stimulated the market growth. However, safety issues and high maintenance costs are restraints for the market growth. Moreover, development of innovative technologies, growth in construction industry, and upcoming metro projects in the developing countries would unfold profitable growth opportunities for the market in the forthcoming years.

The worldwide market for Escalators is expected to grow at a CAGR of roughly x% over the next five years, will reach x million US$ in 2023, from x million US$ in 2017, according to a new GIR (Global Info Research) study.

This report focuses on the Escalators in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Global Nonferrous Metal Recycling Market:Key Players

Mitsubishi Electric

Otis Elevator

Schindler

Kone

Thyssenkrupp

Dover

Canny Elevator

Hyundai Elevator

Fujitec

Hitachi

Toshiba Elevators and Building Systems

SJEC

Kleeman Hellas

Shanghai Mechanical

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Related Information:

United States Escalators Market 2018 Forecast to 2023

Europe Escalators Market 2018 Forecast to 2023

North America Escalators Market 2018 Forecast to 2023

Asia-Pacific Escalators Market 2018 Forecast to 2023

China Escalators Market 2018 Forecast to 2023

EMEA Escalators Market 2018 Forecast to 2023

Global Escalators Market 2018 Forecast to 2023