Freedonia In The News

Article Title: China's Elevators: Built for Serious Speed
By: Jason Clenfield
Publication: Bloomberg Businessweek, 5/27/2010
Freedonia Study: Elevators in China (2541)

Quote from article
The prospect of that building bonanza has manufacturers racing for a piece of an $11.7 billion annual Chinese elevator market that researcher Freedonia Group predicts will more than double within eight years. While Otis Elevator leads with a 23 percent share, lesser-known elevator makers hope to make names for themselves by breaking speed records or winning trophy contracts in the world's tallest structures.
Display Full Text of Article

Return to Document