COVID-19 Impact and Recovery Analysis- Elevator and Escalators Market in India 2020-2024 | Growing Number of High-speed Metro Projects to Boost Growth | Technavio
The new elevator and escalators market research in India from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads.
- The new elevator and escalators market research in India from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads.
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"One of the primary growth drivers for this market is the growing number of high-speed metro projects, says a senior analyst for Industrials at Technavio. - As the markets recover Technavio expects the elevator and escalators market size in India to grow by USD 659.2 million during the period 2020-2024.
- The growth of the elevator and escalator market share in India by the elevator segment will be slower than the growth of the market by the escalator segment.