May 12 2015
"UAE Elevator and Escalator Market (2015–2021)"provides in-depth analysis with 101 figures and 19 tables covered in 149 pages. The report estimates and forecast overall UAE elevator and escalator market by revenue, by elevator and escalator types, services and regions. The report also gives the insights on competitive landscape, market share by companies, price trends, company profiles, market drivers and restraints.
UAE is one of the key growing elevator and escalator markets amongst all GCC countries. Though, market witnessed sluggish demand in-terms of new installations in last few years, but market is anticipated to attain growth over the next six years owing to World Expo 2020. More than 25 million visitors are expected for this event, which would drive construction and expansion of airports, hotels, trade centers and metro stations. Thus, leading to demand for elevators and escalators in the country.
According to 6Wresearch, UAE Elevator and Escalator Market is projected to grow at a CAGR of 6.0% during 2015-21. Maintenance and new installation segments are the major revenue generating segments in the market, where maintenance segment has captured key share of the market pie and is anticipated to lead in the forecast period.
Also, surging demand and increasing competition is resulting into decline in prices of elevator and escalator in UAE market. Moreover, growing domestic manufacturers and joint ventures of international players with domestic players have additionally slashed the average selling prices of these in the country.
Some of the key players in UAE's elevator and escalator market include ThysseKrupp, Otis, Schindler and Kone.
Key Highlights of the Report
- Historical data of Global Elevator and Escalator Market for the Period 2010-2014
- Market Size & Forecast of Global Elevator and Escalator Market until 2021
- Historical data of UAE Elevator and Escalator Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Elevator and Escalator Revenue & Volume Market until 2021
- Historical data of UAE Elevator Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Elevator Market Revenue & Volume until 2021
- Historical data of UAE Escalator Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Escalator Market Revenue & Volume until 2021
- Historical data of UAE Elevator and Escalator Application Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Elevator and Escalator Application Market Revenue & Volume until 2021
- Historical data of UAE Elevator and Escalator Regional Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Elevator and Escalator Regional Market Revenue & Volume until 2021
- Historical data of UAE Elevator and Escalator Service Market Revenue & Volume for the Period 2010-2014
- Market Size & Forecast of UAE Elevator and Escalator Service Market Revenue & Volume until 2021
- Market Drivers and Restraints
- Market Trends
- Players Market Share and Competitive Landscape
Markets Covered
The report provides the detailed analysis of following market segments:
- Elevator Types:
- Geared and Gear Less with Machine Room
- Hydraulic Elevators
- Machine Room Less Elevators
- Escalator Types:
- Moving Stairs Escalators
- Moving Walkways Escalators
- Applications
- Residential
- Industrial
- Commercial
- Retail
- Hospital
- Hotel
- Commercial Offices/ Business Parks
- Banking and Financial Institutions
- Services:
- New Installation
- Modernization
- Maintenance
- Regions:
- Southern Region
- Northern Region
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