TechNavio's analysts forecast the
Elevator and Escalator market in China to grow at a CAGR of 10.20 percent over
the period 2012-2016. One of the key factors contributing to this market growth
is the increasing growth of the Construction industry in China. The Elevator
and Escalator market in China has also been witnessing the development of
energy-efficient elevators and escalators. However, the high cost of elevators
and escalators could pose a challenge to the growth of this market.
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TechNavio's report, the Elevator and
Escalator Market in China 2012-2016, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers covers the
Elevator and Escalator market in China landscape and its growth prospects in
the coming years. The report also includes a discussion of the key vendors
operating in this market.
The key vendors dominating this
space include Hitachi Ltd., KONE Corp., Otis Elevator Co., and Shanghai
Machinery and Electrical Industry Co., Ltd.
The other vendors mentioned in the
report are Canny Elevator Co., Ltd., Schindler Group, Shanghai Sanei Elevator
Co. Ltd., ThyssenKrupp AG, and Toshiba Corp.
To Buy The Copy of This Report Visit: http://www.marketresearchreports.biz/analysis/170180
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