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The India elevator and escalator market size is forecast to increase by USD 784.24 million, at a CAGR of 9.45% between 2023 and 2028. The growth of the market is driven by various factors, including the proliferation of high-speed metro projects, indicative of the country's increasing urbanization and demand for efficient vertical transportation solutions. Additionally, rising disposable income and robust economic growth contribute to heightened investment in infrastructure development, driving the need for elevators and escalators in commercial and residential complexes. Moreover, the expanding number of office spaces and commercial establishments further fuels market expansion, as businesses prioritize accessibility and convenience for employees and customers alike. With these key drivers in play, the market is poised for sustained growth, catering to India's evolving urban landscape and facilitating seamless mobility in both public and private settings.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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