Traction Elevators Market Update: USD 65.09 Billion by 2029, SJEC Corporation, KLEEMANN Aufzüge GmbH
Traction Elevators Market Ascends to $65.09 Billion by 2029: Fueled by Urbanization and Efficiency Demands
The global traction elevator market is on a steady rise, projected to reach a value of USD 65.09 billion by 2029. This growth is driven by the increasing urbanization trend and the growing need for safe, efficient vertical transportation systems in high-rise buildings.
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