Tech_News

  Global Traction Elevators Market  to Reach USD 69.57 Billion by 2030, Growing at a CAGR of 6.9% Summary:  The global traction elevators market, valued at USD 43.61 billion in 2023, is expected to grow at a CAGR of 6.9% from 2024 to 2030, reaching nearly USD 69.57 billion by 2030. The increasing demand for high-speed and energy-efficient elevators in residential, commercial, and industrial sectors is a significant driver of this market's growth. Technological advancements, such as smart elevator systems and AI-driven automation, are further accelerating the market expansion. To get the sample please click here:  https://www.maximizemarketresearch.com/request-sample/188908/   Market Size:  The traction elevator industry is witnessing strong growth due to rapid urbanization, rising skyscraper constructions, and the need for advanced vertical mobility solutions. Innovations in energy efficiency and smart control systems are enhancing elevator performance and ...

  Global Railway System Market  to Reach USD 67.28 Billion by 2030, Growing at a CAGR of 4.92% Global Railway System Market Expected to Grow at a CAGR of 4.92%, Reaching USD 67.28 Billion by 2030 Summary: The global Railway System Market, valued at USD 48.07 billion in 2023, is projected to experience steady growth at a compound annual growth rate (CAGR) of 4.92%, reaching approximately USD 67.28 billion by 2030. The market report offers insights into the key factors driving this growth, the industry’s dynamics, competitive landscape, and an in-depth analysis of prominent market players. Get Your Free Sample Report Now!  https://www.maximizemarketresearch.com/request-sample/183999/   A) Market Size: In 2023, the global Railway System Market was valued at USD 48.07 billion, and is anticipated to expand significantly over the forecast period. The market is set to grow at a robust CAGR of 4.92% from 2024 to 2030, with the total revenue reaching nearly USD 67.28 billion ...