North America's $13.7B Elevator Equipment & Service Market, 2027

Key Facts

“North America Elevator Equipment & Service Market 2020-2027 by Offering, Product Type, Technology, End-use, and Country: Trend Outlook and Growth Opportunity” > > Tweet this The North American elevator equipment & service market is expected to grow by 3.3% annually in the forecast period and reach $13.7 billion by 2027, owing to the rising urbanization, upswing in digitalization, increasing geriatric population, growing construction and maintenance/upgrade activities.
(The year 2020 is not appropriate for research base due to the outbreak of COVID-19.) In-depth qualitative analyses include identification and investigation of the following aspects: Market Structure Growth Drivers Restraints and Challenges Emerging Product Trends & Market Opportunities * Porter's Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19.
The balanced (most likely) projection is used to quantify North America elevator equipment & service market in every aspect of the classification from perspectives of Offering, Product Type, Technology, End-use, and Country.
The breakdown of key national markets by Offering, Product Type, and End-use over the forecast years is also included.