The Europe Elevator & Escalator Market, set at 140,375 units in 2024, is projected to grow at a CAGR of 2.63%, reaching 164,037 units by 2030. Recent developments include Hyundai Elevator’s investment in Türkiye and Mitsubishi’s acquisition of Ascension Lifts. Key market drivers are AI integration, public infrastructure spending, and accessibility for seniors. Despite facing a skilled labor shortage and EU housing crisis, opportunities lie in modernization and AI advancements. Key players includRead More
Europe Elevator & Escalator Market Growth Forecast Report 2025-2030 | AI Integration to Fuel Opportunities, Infrastructure and Tourism Developments Boosting Demand
