Global Elevator and Escalator Market to Grow at a CAGR of 12.23%, in Terms of New Installed Units over the Period 2014-2019

Albany, NY -- (SBWIRE) -- 11/26/2015 -- Elevators and escalators are positioned in buildings for efficient movement of people and goods within a building's premises. Elevators and escalators are installed in commercial buildings, residential buildings, mixed-used buildings, IT parks, hotels, restaurants, and retail outlets among others. They are also installed in public places to improve vehicle parking management.