openPR Logo
Press release

Middle East Elevator and Escalator Market - GMI Research

07-18-2019 03:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: GMI Research

Middle East Elevator and Escalator Market by Product (Elevator {Hydraulic, Traction [ Geared, Gearless], Machine room-less}, Escalator {Step Type, Spiral Type}), by Services (New Installation, Maintenance), by Application (Commercial, Non-Commercial), by Geography – Opportunities and Forecast, 2018-2025

Request Sample @ https://tinyurl.com/y3jzoqvx

An elevator is a mode of vertical transport in a high-rise building. It generally operates on the principle of counterweight systems and drive traction cables or using the pressure of a hydraulic fluid. It is generally run by electrical motors. An Escalator is also a mode of vertical transport in the form of moving staircases. It works by the help of a motor driven series of staircases linked together and moving on a track. The elevators and escalators have become an inseparable part of today and can be found almost everywhere starting from schools, colleges, malls etc. to personal homes too.

The upcoming projects as well as the ongoing projects of infrastructure construction in the form of commercial centres like malls, hotels etc. and non-commercial residences is the major driving factor for the Middle East elevator and escalator market. The increasing number of tourists has been playing a major role for the construction of new infrastructure. In addition, the rising heights of buildings in the major cities, has contributed as a major driver for the acceptance and rising demand for high-speed elevators. Moreover, the middle east regions are receiving and would continue to receive FDI for the infrastructural projects both in the commercial and non-commercial sector. This would further drive the demand for elevators and escalators in the middle-eastern countries. Furthermore, the increasing geriatric population would also boost the middle east elevators and escalators market, as there would be increased demand for easy conveyances. High installation costs and low availability of skilled labour for after sales maintenance are the major restraining factors for middle east elevators and escalators market.

Various notable players include ETA Melco, Hyundai Elevator Co. Ltd, ThyssenKrupp Elevator UAE LLC, Kone Middle East LLC, Schindler Pars International, OTIS LLC, Mitsubishi Electric Saudi Ltd., Schritt Elevators Middle East LLC., Orient lines Elevators and Turklift Elevator Company among others.

The Middle Eastern Elevator and Escalator market has been segmented by product, by services, by application and key geographies. Based on product type the elevator market comprises of hydraulic based, traction based and machine room-less type, while the escalator market consists of step type and spiral type. The research report “Middle Eastern Elevator and Escalator market” provides in-depth analysis of the Middle Eastern Elevator and Escalator market based on product, services, application and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the Middle Eastern Elevator and Escalator market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

Request For Customization : https://tinyurl.com/y2pg98wt

Key questions answered in this research report:
1- At what pace is Middle Eastern Elevator and Escalators market growing? What will be growth trend in future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Middle Eastern Elevator and Escalators market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
• By Product
• Elevator
• Hydraulic
• Traction
• Geared
• Gearless
• Machine room-less

• Escalator
• Step Type
• Spiral Type
• By Services
• New Installation
• Maintenance

• By Application
• Commercial
• Non-Commercial

• By Geography
• GCC Countries

As part of customization
• By Product
• By Services
• By Application
• Bahrain
• Kuwait
• Oman
• Qatar
• Saudi Arabia
• UAE
• Israel

As part of customization
• By Product
• By Services
• By Application
• Others
As part of customization
• By Product
• By Services
• By Application
• Iran
• Iraq
• Turkey
• Egypt
• Cyprus
• Syria

Leading Market Players
• ETA Melco
• Hyundai Elevator Co. Ltd
• ThyssenKrupp Elevator UAE LLC
• Kone Middle East LLC
• Schindler Pars International
• OTIS LLC
• Mitsubishi Electric Saudi Ltd.
• Schritt Elevators Middle East LLC.
• Orient lines Elevators
• Turklift Elevator Company

For more details, Please Visit: https://www.gmiresearch.com/report/middle-east-elevator-and-escalator-market/

Contact Sarah Nash
U.S Office +1 860 881 2270
Europe Office +353 1 442 8820
Email: enquiry@gmiresearch.com

GMI Research is a market research and consulting firm which provides research-based solutions to business executives and investment professionals so that they can make right business & investment decisions faster based on real facts. We help business leaders through independent fact-based insight, ensuring their business achieve success by beating the competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Middle East Elevator and Escalator Market - GMI Research here

News-ID: 1806884 • Views: 364

More Releases from GMI Research

GCC Construction Chemical Market is Predicted to Expand at a Promising CAGR duri …
The GCC Construction Chemical Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/gcc-construction-chemical-market/ The factors driving growth of the GCC Construction Chemical Market includes increasing focus of Governments on reducing their dependency on oil and gas sector, emerging need to repair the ageing buildings, rise in the number of smart cities and improvements in the living standards.
5G Industrial IoT Market is projected to touch USD 5,312 million in 2029, regist …
5G Industrial IoT Market was valued at USD 780 million in 2021 and is projected to grow at a CAGR of 27.1% during the forecast period, 2022-2029 reaching USD 5,312 million in 2029 For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/5g-industrial-iot-market/ Expansion in the 5G industrial IoT market is attributed to the increasing investment in 5G technology and transportation. Also, as per the 5G Industrial IOT Market research report the increasing
North America 3D Printing Market is predicted to increase at a higher CAGR durin …
The North America 3D Printing Market is estimated to grow at a robust CAGR over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/north-america-3d-printing-market/ The factors driving growth of the North America 3D Printing Market includes increasing demand for 3D printing across end-use industries such as Healthcare, Consumer Products and Automotive, growing demand for jewelry across United States and Canada, rise in the number of smart factories,
UAE Cloud Computing Market is Predicted to Expand at a significant CAGR of 38.2% …
The UAE Cloud Computing Market is estimated to grow at a CAGR of 38.2% over the forecast period (2022-2029). For Additional Insights, Click to Access Complete Report - https://www.gmiresearch.com/product/uae-cloud-computing-market/ The factors driving growth of the UAE Cloud Computing Market includes rising focus by companies on enhancing customer's experience, growing popularity of video-demand-services across United Arab Emirates, trending concept of Work from Home (WFH), Government initiatives to promote electronic transformation and improvements in

All 5 Releases


More Releases for Elevator

Minnesota Elevator, Inc. (MEI) Acquires Interstate Elevator
June 15, 2022 - Minnesota Elevator, Inc. (MEI) one of Midwest largest independent union elevator contractors, announced that it has acquired Interstate Elevator based in Topeka, Kansas. Interstate Elevator provides elevator Maintenance, Repairs and Modernization services. Interstate Elevator has what MEI President, Rick Lowenberg, calls a "very good fit for our Kansas Missouri division. The equipment will be serviced by seasoned mechanics in the area Interstate serves today." Working together with MEI
Elevator Modernization Market 2019: Top Key Players Are KONE Elevator, Schindler …
Elevator Modernization Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ https://www.researchreportsworld.com/enquiry/request-sample/13869380 Global Elevator Modernization market 2019 research provides a basic overview of the industry including definitions, classifications,
2019 Elevator Modernization Market | By Leading Players: KONE Elevator, Schindle …
Elevator Modernization Market report provides Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025. This market study answers several questions (like current market status, future market opportunities, global and regional distribution industry) for stakeholders, primarily which market segments they should focus upon, during the next few years to prioritize their efforts and investments. Download PDF Sample of this Report @ https://www.reporthive.com/enquiry.php?id=1520666&req_type=smpl&utm_source=SN The major manufacturers covered in this report: • KONE Elevator • Schindler Group • Otis Elevator
Elevator & Escalators Market to Witness Huge Growth by 2025 | Leading Key Player …
HTF MI recently introduced Global Elevator & Escalators Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Sanyo Elevator, DAIKO, Escone Elevators, Saita Kougyou, Hitachi, Fujitec,Otis Elevator,
Elevator Modernization Market 2018 Global Analysis By Key Players – KONE Eleva …
WiseGuyReports.Com Publish a New Market Research Report On –“ Elevator Modernization Market 2018 Global Analysis By Key Players – KONE Elevator, Schindler Group, Otis Elevator company, Mitsubishi Electric, Kohler Elevator”. Description: This report studies the global Elevator Modernization market status and forecast, categorizes the global Elevator Modernization market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South
Global Elevator and Escalator Sales Market Report 2017 - Hitachi, Otis Elevator, …
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Elevator and Escalator for these regions, from 2012 to 2022 (forecast), covering United States China Europe Japan Southeast Asia India Global Elevator and Escalator market competition by top manufacturers/players, with Elevator and Escalator sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including Hitachi KONE Mitsubishi Electric Otis Elevator Schindler Elevator ThyssenKrupp Elevator Beacon Engineering Canny