The UAE Elevator and Escalator Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the current state of the market, including an overview of key players, emerging trends, and future growth prospects. The report is segmented into various sections, each dedicated to different aspects of the market such as market size, geographical shares, competitive landscape, and market dynamics.
How Big is the UAE Elevator and Escalator Industry?
The Global UAE Elevator and Escalator Market size is expected to rise at a CAGR of around 4% during the forecast period 2021-2026.
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UAE Elevator and Escalator Market Growth Driver:
Burgeoning Investments in Infrastructural Developments - The numerous infrastructural developments in line with the project, 'UAE Vision 2021,' is the prime factor likely to drive the Elevator Escalator Market. It further boosts the government initiatives investments toward driving the UAE's economy by focusing on constructing new infrastructure projects in the country. Dubai's project, the construction of Burj Jumeira, launched in 2019, is expected to be 550 meters tall. Such a high-rise building will require new installations of elevators escalators, which, as a result, will augment the overall growth of the Escalator Elevators Market in the UAE during 2021-26.
Competitor Breakdown: Top UAE Elevator and Escalator Companies 2021-2026
- Thyssenkrupp Elevator UAE
- Otis Elevator
- AG MELCO Elevator Co. LLC.
- Hyundai Elevator
- Toshiba Elevator and Building Systems Corporation
- Hitachi Elevator
- Kone Middle East LLC
- Fujitec Co. Ltd.
- Schindler Pars International
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Geographical Analysis:
Abu Dhabi Al Ain, Dubai, Sharjah Northern Emirates.
- Share of each Geographical segment in the Market
- Potential growth opportunities in the Geographically
- The growth rate of the Geographical in the Industry
Breaking Down the UAE Elevator and Escalator Market Segmentation:
By Type
- Elevator
- Escalator
By Service
- New Installation
- Modernization
- Maintenance
By End User
- Residential
- Commercial
- Retail
- Health Care
- Hospitality
- Government Transportation
- Others
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