Smart Elevators Market report, published by Allied Market Research, forecasts that the global market is expected to garner $23.16 billion by 2020, registering a CAGR of 13.8% during the forecast period 2014 - 2020. The market, driven by modernization of existing elevator systems, would experience a radical shift by 2020. With large number of new deployment anticipated in developing Asian counties, new deployments of the smart elevators would take over the modernization revenue by 2020. Chinaalon...