U.S. Elevator Market Analysis: Challenges, Growth Factors, and Future Outlook

According to the study of Next Move Strategy Consulting, the U.S. Elevator Market is predicted to reach USD 29.01 billion at a CAGR of 4.88% by 2030. 

The elevator market represents a dynamic sector encompassing the design, manufacturing, installation, and maintenance of elevator systems. From conventional traction elevators to cutting-edge smart solutions, this market offers a diverse array of vertical transportation choices customized to suit the distinct requirements of various buildings and infrastructure projects. Stakeholders within the elevator market include manufacturers, suppliers, contractors, architects, building owners, and facility managers.

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