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As the world continues to deal with COVID-19, economies are moving into recession, official counts of cases and deaths from COVID-19 have passed 4,000,000 and 280,000 at the time of this report. Many government announced a plan on reopening the national economy, but many countries are still at the stage of rising.
On a more positive note, we are already seeing signs of recovery as the COVID-19 risk is declining in China. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Passenger Elevators market in this environment.
In terms of revenue, this research report indicated that the global Passenger Elevators market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Passenger Elevators industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? ? Kone aims at producing XX Passenger Elevators in 2020, with XX % production to take place in global market, ? ? Schindler Group accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Passenger Elevators Market by XYZResearch Include
- South America
Competitive Analysis; Who are the Major Players in Passenger Elevators Market?
- Schindler Group
- Mitsubishi Electric
- Suzhou Diao
- Yungtay Engineering
- Canny Elevator
- Zhejiang Meilun Elevator
- Ningbo Xinda Group
- Dongnan Elevator
- Express Elevators
- Hangzhou Xiolift
- Sicher Elevator
- Edunburgh Elevator
- Suzhou Shenlong Elevator
- Shenyang Brilliant Elevator
Major Type of Passenger Elevators Covered in XYZResearch report:
- AC Elevators
- DC Elevators
Application Segments Covered in XYZResearch Market
- Large Shopping Malls
- Office Buildings
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