18,100 el­e­va­tors & escalators in 2019 in France

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Tech­navio’s ‘El­e­va­tor And Es­ca­la­tor Mar­ket In France 2015-2019’ re­port projects the el­e­va­tor and es­ca­la­tor mar­ket in France to post more than 4% CAGR and clock close to 18,100 units by 2019. Techan­vio’s an­a­lysts say this mar­ket in France had an in­stalled base of 558,400 units as of 2014, which is one of the largest in­stalled bases in Europe. Re­cov­ery of the French con­struc­tion mar­ket will en­sure its steady growth dur­ing the anal­y­sis pe­riod. Ad­di­tion­ally, grow­ing fo­cus on re­vamp­ing the coun­try’s ex­ist­ing in­fra­struc­ture and high de­mand for re­place­ment and mod­ern­iza­tion will bol­ster mar­ket growth. Fur­ther, the French gov­ern­ment’s ini­tia­tives to in­crease pri­vate in­vest­ment in the coun­try will ac­cel­er­ate the ex­pan­sion of not just its of­fice and res­i­den­tial con­struc­tions, but also its el­e­va­tor mar­ket through 2019.

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