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Germany Smart Elevators Market Trends, Size, Competitive Analysis And Forecast 2019-2025

Germany Smart Elevators Market Trends, Size, Competitive Analysis And Forecast 2019-2025

Submitted by • about 2 hours ago www.omrglobal.com

Germany smart elevators market is estimated to grow considerably, at a CAGR of 14.2% during the forecast period. Germany is estimated to contribute significantly in the European market over the forecast period owing to significant growth in the building & construction industry across the country. The urbanization rate in the country is showing a flat growth in some years. In Germany, the housing market is facing strong demand fueled by rising incomes, low-interest rates as well as high levels of net migration. It is estimated that 3.6 million migrants will have arrived in Germany by 2020.

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