DUBLIN--(BUSINESS WIRE)--The "UAE Elevator & Escalator Market (2018-2024): Market Forecast By Segments (Elevators and Escalators), Services (New Installation, Modernization and Maintenance), Verticals (Residential, Commercial and Industrial), Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
UAE Elevator & Escalator Market is expected to grow at a CAGR of 4.7% during 2018-2024.
In 2015, the market registered slow growth due to slump in oil prices, which hampered the infrastructural development projects in the country. The market is anticipated to record growth on the back of improving economic conditions in UAE. Growing urbanization rate, and rise in installation of elevators in the residential sector in UAE is forecast to boost the growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.
In UAE, the Northern region held major market for elevator and escalator in terms of volume owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, Eastern and Western regions are expected to register higher growth in the market.
The report thoroughly covers the market by elevators and escalators types, sub-segments, verticals, and regions. 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.
Key Topics Covered
1 Executive Summary
3 Global Elevator & Escalator Market Overview
4 UAE Taxation Analysis
5 UAE Elevator & Escalator Market Overview
6 UAE Elevator & Escalator Market Dynamics
7 UAE Elevator & Escalator Market Trends
8 UAE Elevator Market Overview
9 UAE Escalator Market Overview
10 UAE Elevator & Escalator Services Market Overview
11 UAE Elevator & Escalator Vertical Market Overview
12 UAE Elevator & Escalator Market KPI
13 UAE Elevator & Escalator Market Current and Upcoming Skyscrapper Projects
14 UAE Elevator & Escalator Regional Market Overview
15 Competitive Landscape
16 Company Profiles
16.1 ETA Melco
16.2 Hyundai Elevator Co. Ltd
16.3 Kone Middle East LLC
16.4 OTIS LLC
16.5 Schindler Pars International
16.6 ThyssenKrupp Elevator UAE LLC
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