Global Industrial Elevator market cagr 7.2%

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Elevator
Industrial
Market Industrial Elevator Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

Industrial Elevator Market Size and Growth

The Industrial Elevator market research reports indicate a growing demand for industrial elevators due to increasing construction activities across various industries. The market size for Industrial Elevators is estimated to be USD 7.2 billion in 2020 and is projected to reach USD 10.5 billion by 2025, at a CAGR of 7.8%.

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Companies Covered

(Covid 19 Impact Covered)

◍ Alimak Hek Group AB

◍ GEDA

◍ STROS

◍ Delta Elevator Co Ltd

◍ Hitachi

◍ ECE Industries

◍ BeaconelevatoRco. pvt. ltd

The competitive landscape of the Industrial Elevator Market includes major players such as Alimak Hek Group AB, GEDA, STROS, Delta Elevator Co Ltd, Hitachi, ECE Industries, and Beaccon Elevator Co. Pvt. Ltd. These companies provide a range of industrial elevator solutions to support construction and other industrial activities.

- Alimak Hek Group AB: $265 million

- Hitachi: $5.127 billion

- GEDA: €40 million

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Market Segmentation

By Application

Industrial Plants

Oil & Gas

Metals & Steel

Ports & Shipyards

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By Product

Below 2 ton

2-3 ton

Above 3 ton

Market Growth

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$ X Billion USD

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