According to 6Wresearch, Africa Elevators and Escalators Market size is projected to grow at a CAGR of 6.0% during 2019-25. Africa's economic growth is projected to accelerate to 4% in 2019 and 4.1% in 2020. The continent's growth in economy is expected to be higher than several emerging and developing economies across the globe. However, poverty, unemployment, political unrest and internal conflicts have remained a major restraint for several African countries in recent years. Despite these, growing government intervention, reforms and economic transformation agendas are helping stabilize many regional economies and creating a positive environment for foreign investment, boding well for the demand of Elevators and Escalators in the continent.
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"Africa Elevators and Escalators Market (2019-2025)" report provides an in-depth analysis with 223 figures and 29 tables, covered in more than 325 pages. The report estimates and forecast the overall Africa Elevators and Escalators Market by types, countries, services, and applications such as commercial, residential and industrial. The report also offer insights on the competitive landscape, company profiles, market drivers and restraints.
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