Traction Elevators Market Forecast to USD 65.09 Bn by 2029: Key Players Hyundai, Toshiba Global Traction Elevator Market to Reach USD 65.09 Billion by 2029, Driven by Urbanization and Infrastructure Growth
The global traction elevators market is expected to reach USD 65.09 billion by 2029, growing at a CAGR of 6.9% from a value of USD 40.8 billion in 2022. This growth is fueled by rapid urbanization, increasing demand for high-rise buildings, and growing investments in...