LUCINTEL FORECASTS THE GLOBAL SMART ELEVATOR MARKET TO REACH $77 BILLION BY 2030

According to a market report by Lucintel, the future of the global smart elevator market looks promising with opportunities in the residential, commercial, and institutional construction markets. The global smart elevator market is expected to reach an estimated $77 billion by 2030 from $34 billion in 2023 at a CAGR of 12.7% from 2023 to 2030.

According to the recent study the global roofing material market is projected to reach an estimated $219 billion by 2030 at a CAGR of 4% from 2024 to 2030. Growth in this market is primarily driven by increasing demand for residential buildings and investments in the renovation and redevelopment of residential and commercial buildings. A mor