According to a latest report published by Progressive Markets on the ICT & Media sector, titled, "Global Elevators and Escalators Market- Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025", the industry is anticipated to register a CAGR of 6% during the period, 2017–2025. It offers comprehensive analysis of geographical locations and it determines opportunities that prevail in these regions. This would aid manufacturers, investors, and new entrants to avail opportunities and contribute in the growth of the industry.
The research gives an overview of the global elevators and escalators market. It also offers description of scope of the industry. In addition, it includes summary, such as recent developments, industry attractiveness, trend analysis, and competitive landscape. It also incorporates Porter's Five Forces Analysis (PFFA). The report uses this research methodology to assess rivalry in the market which includes bargaining power of suppliers and buyers. It also evaluates threats from substitutes and new entrants. Further, it analyzes market dynamics and its impact upon the industry. It also segments the market into type, service, end-use, and region.