Middle East & North Africa (MENA) Elevator & Escalator Market | Forecast to 2025 - New Installation Segment is the Key Revenue Generator
Dublin, Oct. 16, 2019 (GLOBE NEWSWIRE) -- The "Middle East & North Africa (MENA) Elevator and Escalator Market (2019-2025): Markets Forecast by Types, by Applications, by Services, by Countries, and Competitve Landscape" report has been added to ResearchAndMarkets.com's offering.
The Middle East & North Africa (MENA) Elevators & Escalators Market is projected to grow at a CAGR of 3% during 2019-2025.
- This report thoroughly covers the market by elevator types, escalator types, services types, applications and countries.
- The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
The application of elevators and escalators is gaining traction in the Middle East & North African countries on account of growing demand from the commercial and residential sectors. In Africa, expansion of infrastructure in the areas of retail, hospitality, commercial offices, healthcare and residential apartments would continue to drive the demand for elevators and escalators in the region during the forecast period. Whereas, in the Middle East, residential application and increasing acceptance of high speed elevators are the factors driving the growth of the market.
The commercial and residential segments are expected to grow in the future due to the expected increase in FDI and urbanization across all major countries, which would boost the Middle East & North Africa elevators and escalators market revenues. Additionally, major hotel chains are expanding their presence across several countries and large-scale government infrastructure development projects, such as airport expansions, metro expansions and development of other social infrastructure, are also strengthening the construction sector in the region. These factors would translate into an increase in demand for elevators and escalators in the Middle East & North African countries in the near future.
The new installation segment is the key revenue generator in the overall Middle East & North Africa elevators and escalators market as urbanization and infrastructural development continues to play an important role in the region. As major the Middle East & North African countries seek to diversify their economies by focusing on domains such as tourism and manufacturing, the new installation segment is predicted to undergo significant growth over the coming years as well.
Key Topics Covered
1. Executive Summary
2. Introduction
2.1. Key Highlights of the Report
2.2. Report Description
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Middle East & North Africa Elevator and Escalator Market Overview
3.1. Middle East & North Africa New Installation Elevator and Escalator Market Revenues & Volume, 2015-2025F
3.2. Middle East & North Africa Elevator and Escalator Services Market Revenues, 2015-2025F
3.3. Middle East & North Africa Elevator and Escalator Market - Industry Life Cycle, 2018
3.4. Middle East & North Africa Elevator and Escalator Market - Porter's Five Forces
3.5. Middle East & North Africa Elevator and Escalator Market Revenue Share, By Countries, 2018 & 2025F
4. Middle East & North Africa Elevator and Escalator Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Middle East & North Africa Elevator and Escalator Market Trends
6. Saudi Arabia Elevator and Escalator Market Overview
6.1. Country Overview
6.2. Saudi Arabia New Installation Elevator and Escalator Market Revenues & Volume, 2015-2025F
6.2.1. Saudi Arabia New Installation Elevator and Escalator Market Revenue Share, By Types, 2018 & 2025F
6.3. Saudi Arabia Elevator and Escalator Services Market Revenues, 2015-2025F
6.3.1. Saudi Arabia Elevator and Escalator Services Market Revenue Share, By Types, 2018 & 2025F
6.4. Saudi Arabia Elevator and Escalator Market Revenue Share, By Applications, 2018 & 2025F
6.5. Saudi Arabia Elevator Market Overview
6.5.1. Saudi Arabia New Installation Elevator Market Revenues & Volume, 2015-2025F
6.5.1.1. Saudi Arabia New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F
6.5.2. Saudi Arabia Elevator Services Market Revenues, 2015-2025F
6.5.2.1. Saudi Arabia Elevator Services Market Revenues, By Services Types, 2015-2025F
6.5.3. Saudi Arabia Elevator Market Revenue Share, By Applications, 2018 & 2025F
6.5.3.1. Saudi Arabia Elevator Market Revenues, By Applications, 2015-2025F
6.6. Saudi Arabia Escalator Market Overview
6.6.1. Saudi Arabia New Installation Escalator Market Revenues & Volume, 2015-2025F
6.6.1.1. Saudi Arabia New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F
6.6.2. Saudi Arabia Escalator Services Market Revenues, 2015-2025F
6.6.2.1. Saudi Arabia Escalator Services Market Revenues, By Service Types, 2015-2025F
6.7. Saudi Arabia Elevator and Escalator Market Overview, By Applications
6.7.1. Saudi Arabia Commercial Application Elevator and Escalator Market Revenues, 2015-2025F
6.7.2. Saudi Arabia Industrial Application Elevator and Escalator Market Revenues, 2015-2025F
6.7.3. Saudi Arabia Residential Application Elevator and Escalator Market Revenues, 2015-2025F
6.8. Saudi Arabia Elevator and Escalator Market Key Performance Indicators
6.8.1. Saudi Arabia Government Spending Outlook
6.8.2. Saudi Arabia Residential Sector Outlook
6.8.3. Saudi Arabia Commercial Sector Outlook
6.8.4. Saudi Arabia Industrial Sector Outlook
6.9. Saudi Arabia Elevator and Escalator Market Opportunity Assessment
6.9.1. Saudi Arabia Elevator and Escalator Market Opportunity Assessment, By Applications, 2025F
6.10. Saudi Arabia Elevator and Escalator Market Competitive Landscape
6.10.1. Saudi Arabia Elevator and Escalator Market Revenue Share, By Company, 2018
7. UAE Elevator and Escalator Market Overview
8. Qatar Elevator and Escalator Market Overview
9. Kuwait Elevator and Escalator Market Overview
10. Oman Elevator and Escalator Market Overview
11. Bahrain Elevator and Escalator Market Overview
12. Iraq Elevator and Escalator Market Overview
13. Jordan Elevator and Escalator Market Overview
14. Egypt Elevator and Escalator Market Overview
15. Morocco Elevator and Escalator Market Overview
16. Sudan Elevator and Escalator Market Overview
17. Algeria Elevator and Escalator Market Overview
18. Ethiopia Elevator and Escalator Market Overview
19. Tunisia Elevator and Escalator Market Overview
20. Rest Of Middle East & North Africa Elevator and Escalator Market Overview
20.1. Rest Of Middle East & North Africa New Installation Elevator and Escalator Market Revenues & Volume, 2015-2025F
20.2. Rest Of Middle East & North Africa Elevator and Escalator Services Market Revenues, 2015-2025F
21. Middle East & North Africa Elevator and Escalator Market Competitive Landscape
21.1. Middle East & North Africa Elevator and Escalator Market Competitive Benchmarking, By Product Type
22. Company Profiles
22.1. Otis Elevator Co.
22.2. Schindler Holding Ltd.
22.3. KONE Corporation
22.4. Hyundai Elevator Co. Ltd
22.5. Toshiba Corporation
22.6. Mitsubishi Electric Corporation
22.7. Thyssenkrupp AG
22.8. Kleemann Hellas S.A.
22.9. Orona
22.10. Servicom SARL
23. Key Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/fw83w1
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