According to the new market research report by IndustryARC titled “Elevator Modernization Market By Elevator Type (Traction, Hydraulic) By Components (Controller, Door Equipment, Power Units and Others) By Type (Full & Phased Modernization) By End-User (Residential, Commercial, Marine, Industrial, Others) – Forecast (2018-2023)”, the market is driven by the growth of end users such as residential buildings, commercial, marine, industrial, institutional, etc. Europe dominates the … Continue reading The Elevator Modernization Market is expected to reach $12, 832.8 million by 2023 at a CAGR of 4.63%