openPR Logo
Press release

UAE Elevator and Escalator Market (2016-2022)-6Wresearch

UAE Elevator and Escalator Market (2016-2022)-6Wresearch

Growing construction market, diversification of economic portfolio, expansion of metros & airports, upcoming new hotels & malls, upcoming Dubai world expo in 2020 are some of the factors that have spurred elevator & escalator market in UAE. The growth in the construction market and rising government expenditure on infrastructure development have also impacted nationwide installation of elevator & escalators across UAE in last few years. However, with declining oil prices in the global market, investments from the government is expected to decline, which may affect the overall growth of the market.

According to 6Wresearch, UAE Elevator & Escalator market revenue is projected to grow at a CAGR of 3.9% during 2016-22. In UAE elevator and escalator market, elevators segment market accounted for majority of the revenue share followed by the escalators.

Amongst all verticals, commercial vertical market has led the market revenue followed by the residential and industrial vertical market. Commercial vertical is expected to maintain its market leadership through the forecast period. Additionally, Southern region comprising of Abu Dhabi chunked out majority revenue share in 2015.

The report thoroughly covers the market by types, verticals, and regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities, high growth areas, and market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report
• Historical data of Global Elevator and Escalator Market for the Period 2010-2015.
• Market Size & Forecast of Global Elevator and Escalator Market until 2022.
• Historical data of UAE Elevator and Escalator Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of UAE Elevator and Escalator Revenue & Volume Market until 2022.
• Historical data of UAE Elevators Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of UAE Elevators Market Revenue & Volume until 2022.
• Historical data of UAE Escalators Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of UAE Escalators Market Revenue & Volume until 2022.
• Historical data of UAE Elevator and Escalator Vertical Market Revenue for the Period 2010-2015.
• Market Size & Forecast of UAE Elevator and Escalator Vertical Market Revenue until 2022.
• Historical data of UAE Elevator and Escalator Regional Market Revenue for the Period 2010-2015.
• Market Size & Forecast of UAE Elevator and Escalator Regional Market Revenue until 2022.
• Historical data of UAE Elevator and Escalator Service Market Revenue for the Period 2010-2015.
• Market Size & Forecast of UAE Elevator and Escalator Service Market Revenue until 2022.
• Market Trends.
• Players Market Share and Competitive Landscape.
Markets Covered
The report provides the detailed analysis of following market segments:
• Elevator Types:
o Geared and Gear Less with Machine Room
o Hydraulic Elevators
o Machine Room Less Elevators
• Escalator Types:
o Moving Stairs Escalators
o Moving Walkways Escalators
• Applications:
o Residential
o Industrial
o Commercial
• Services:
o New Installation
o Modernization
o Maintenance
• Regions:
o Southern Region
o Northern Region

Summary

UAE elevator & escalator market is expected to grow on account of burgeoning construction market, government investments coupled with FDIs investments. New installation segment accounted for highest market revenue share, followed by maintenance and modernization.

During 2010-15, the market registered healthy growth attributed to increasing installation of elevator & escalator in high rise buildings.

During forecast period, the market for elevator & escalator for new installations is expected to register growth post 2017-18 owing to upcoming Dubai World Expo in 2020, which would result in construction of new hotel chains and shopping malls.
The report estimates and forecast overall UAE Elevator & Escalator market by Revenue & Volume and by Type, by Services such as New Installations, Modernization and Maintenance, by Region-Northern and Southern, by Verticals. The report also gives insights price trends, market trends, company profiles, competitive landscape, market drivers and restraints.

Source Link : http://www.6wresearch.com/market-reports/united-arab-emirates-uae-Elevator-and-Escalator-Market-2016-2022-industry-analysis-share-shipment-size-growth-opportunity-forecasts.html

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

With over 1000 custom research projects, 6Wresearch is a global market research and consulting firm specializes in niche and emerging markets.The Company over the past few years has developed itself to be a renowned market intelligence company which led strong emphasis on competitive and strategic intelligence.

6Wresearch, through its integrated survey model, offers its client real time market and competitive intelligence and thus enable our clients to devise market entry strategies to target particular market and geography.

Delhi/NCR Office
809, 8th Floor, Pearls Best Heights - II
Netaji Subash Place, Pitampura
New Delhi-110034
Phone: +91-11-430-24-305

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 UAE Elevator and Escalator Market (2016-2022)-6Wresearch here

News-ID: 341714 • Views:

More Releases from 6Wresearch- Market Intelligence Solutions

The Enduring Popularity of Jeans in a Changing Fashion Landscape
The Enduring Popularity of Jeans in a Changing Fashion Landscape
Jeans continue to experience strong global market growth, driven by their lasting charm, widespread acceptance, and increasing demand across age and style groups. Despite the evolution of fashion and emergence of competing apparel types, jeans have maintained their spot as a universal wardrobe essential. Their reliable comfort, enduring quality, and style flexibility help reinforce their popularity, making them one of the most consistently chosen clothing items by consumers around the
Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holistic Treatments
Global Homeopathic Medicine Market Expands with Rising Demand for Safe and Holis …
The global homeopathic medicine market is experiencing consistent progress in various sectors like wellness, healthcare, and personal care. Increasing demand for preventive healthcare, growing awareness about alternative and natural treatment techniques, and innovations in homeopathic formulations are fueling market expansion globally. Homeopathic medicines are commonly used for numerous applications such as seasonal illnesses, skin disorders, chronic disease management, and mental health. With advanced delivery techniques, enhanced quality standards, and regulatory
Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
Smart, Durable, and Stylish: Global Helmet Market Gains Momentum
The global helmet market is experiencing consistent growth in various sectors like construction, defense, sports, and personal safety. Innovations in helmet technology, growing awareness about head safety, and the requirement for durable and comfortable protective gear are propelling market development across the world. Helmets are important for many uses such as cycling, motorcycling, industrial work, defense, construction, and sports activities. With lightweight materials, enhanced safety features, and ergonomic designs, helmets
Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicopter Market
Modernization and Urban Air Mobility Driving Steady Growth in the Global Helicop …
The global helicopter market is witnessing consistent progress in various sectors like commercial, defense, emergency medical, and private. Innovations in helicopter technology, growing demand for air transportation, and the requirement for efficient and safe aerial operations are fueling market development across the world. Helicopters are important for many uses like military operations, passenger transport, search and rescue, emergency medical services, and logistics in remote areas. With improved modern avionics and

All 5 Releases


More Releases for UAE

Ashish Jain, a Renowned Fund Manager Expands into UAE Real Estate in UAE
Dubai - Ashish Jain, a world-renowned fund manager and CEO of Fortune Capital, Fortune Wealth, and the newly launched Alieus Hedge Fund, is stepping into the UAE real estate market as part of his latest strategic expansion. This move marks Jain's entry into the thriving property market, further cementing his reputation as a leader in global finance and innovation. Image: https://www.getnews.info/uploads/9b42e4a62bfaef7aaf02043c03240d75.jpg A Visionary Leader in Finance With over 15 years of experience in
Fitness Equipment Market UAE | UAE Fitness Market Revenue | Member Penetration U …
The fitness services means any service treatment, diagnosis, advice or instruction concerning to the physical fitness, comprising but not restricted to diet, body building, cardio-vascular fitness, or physical training programs and which you function as or on behalf of the named insured. The fitness services market is commonly propelled by the increasing concerns over the healthy lifestyles around the populace throughout the UAE. Growing health awareness concerning the advantages of
UAE Fitness Services Market, UAE Fitness Services Industry, Covid-19 Impact UAE …
A strong growth has been witnessed with a considerable expansion in the number of boutique and budget fitness centers directly contributing to the economy. High Obese and Obesity Rate: Increase in membership rate in UAE fitness centers due to the prevalence of high obese population and obesity rate (Adult obesity in the UAE stood at 27.8% in 2019) has positively affected the market. Growth of Ladies Fitness Center: Opening up
wifi solution in uae
Welcome to MAK, Wifi solutions provider in UAE. We bring everything that you would expect from an internet service provider – a highly professional installation and setup, high internet speed, a reliable network, great technical support and customer service to create a remarkable experience for the users, thereby remaining the most trusted WiFi Solutions provider in Dubai and across UAE. Designing Efficient and Cost Effective Home Wifi Networks Keep the connections to
UAE Nuclear Power Sector UAE Nuclear Power Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents 1. UAE Power Sector Scenario 1.1 Existing Power Generation Outlook 1.2 Current & Projected Power Demand 2. Why UAE Energy Policy beyond Oil & Gas? 3. UAE Nuclear Power Sector Overview 3.1 UAE Entering into Nuclear Power Sector 3.2 Nuclear Policy Overview 4. UAE Nuclear Power Sector Dynamics 4.1 Favorable Parameters 4.2 Nuclear Power Sector
UAE Power Sector Analysis
UAE is a rapidly growing economy whose electricity sector needs are anticipated to increase upto 50% in order to meet its growing demand for power, by the year 2020. UAE also has one of the highest levels of per capita power consumption across the globe. The electricity consumption in the UAE region is slated to cross 100 TWh by 2012, putting pressure on the supply side. In fact, the power