Global Hydraulic Elevator Market Worth $ 14.2 Billion by 2021

Date: 2018-05-01

Hydraulic elevators are elevators which are powered by a piston that travels inside a cylinder. Hydraulic Elevator includes Switch control, Volume control, Proportional control and Compound control on the base of classification, which represent 11.9%, 30.8%, 43.6% and 13.7% of global Hydraulic Elevator market. 

Shopping mall, Office building, Household, Parking lot, Station and airport are the main application of Hydraulic Elevator product and Asia Pacific is the largest Hydraulic Elevator market on production and consumption.

Global Hydraulic Elevator market is projected to reach $ 14.2 Billion by 2021, with a GAGR of 6.6% from 2017, and Asia will have a big dynamic momentum on the market growth. The major players in the global Hydraulic Elevator market are SL-elevator, ORIA elevator, Fuji elevator, Mitsubishi Elevator, Hitachi, GiantKONE, Yungtay, Nationwide Lifts, IGV Group, OTIS, KONE, Stannah, Kleemann etc.

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520


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