World Elevators to 2017 – RnR Market Research

World Elevators to 2017 – RnR Market Research

global demand for elevator equipment (including elevators, escalators, shifting walkways, and related components) and services was $86 billion in 2012. Demand is projected to develop almost six percent annually thru 2017, a deceleration from the percent of the 2007-2012 period, when positive aspects had been fueled by means of explosive increase of more than 25 p.c per yr in China. even though the chinese language market will cool from that breakneck p.c., it's going to nonetheless generate virtually one-half of the increase on this planet demand for elevator gear and services between 2012 and 2017.

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