How big is the Spain elevator and escalator market?
The Spain elevator and escalator market size by new installations accounted for 30.6 thousand units in 2022 and is expected to reach 35.6 thousand units by 2029.
What will be the growth rate of the Spain elevator and escalator market?
The Spain elevator and escalator market share by new installations is expected to grow at a CAGR of 2.16 % during the forecast period (2023-2029).
What is the number of installed bases in the Spain elevator and escalator market in 2022?
The number of installed bases in the Spain elevator and escalator market accounts for approximately 1,125.8 thousand units in 2022.
What factors drive the maintenance and modernization segment in the Spain elevator and escalator market?
The maintenance and modernization segment in the Spain elevator and escalator market is majorly propelled by the growing installed base, high demand for performance, eco-efficiency, reliability, and safety, new maintenance technologies, aging installed base, high demand for sustainability, safety, and people flow, and conversion to smart technology.
Who are the key companies in the Spain elevator and escalator market?
The key players in the Spain elevator and escalator market are Otis, TK Elevator, Schindler, KONE, Mitsubishi Electric, Fujitec, Hyundai Elevator, Hitachi, and Orona Elevators.