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Download Free sampleThe global Escalators and Moving Walkways market was valued at 15.09 Million USD in 2021 and will grow with a CAGR of 3.98% from 2021 to 2027, based on Research newly published report.
The prime objective of Escalators and Moving Walkways Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Escalators and Moving Walkways Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An Escalator is a type of vertical transportation in the form of a moving staircase which carries people between floors of a building. It consists of a motor-driven chain of individually linked steps on a track which cycle on a pair of tracks which keep them horizontal. A moving walkway is a slow-moving conveyor mechanism that transports people across a horizontal or inclined plane over a short to medium distance.Escalators and Moving Walkways are used around the world in places where lifts would be impractical. Principal areas of usage include department stores, shopping malls, airports, transit systems (railway/railroad stations), convention centers, hotels, arenas, stadiums and public buildings. Escalators and moving walkways have the capacity to move large numbers of people. They can be placed in the same physical space as a staircase. They have no waiting interval (except during very heavy traffic). They can be used to guide people toward main exits or special exhibits. They may be weatherproofed for outdoor use. A nonfunctional escalator can function as a normal staircase, whereas many other methods of transport become useless when they break down or lose power.
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