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Elevator and Escalator Market in GCC Countries 2021-2025

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    Report

  • 120 Pages
  • May 2021
  • Region: Middle East
  • TechNavio
  • ID: 5354538
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FEATURED COMPANIES

  • Fujitec Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.
1h Free Analyst Time

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The publisher has been monitoring the elevator and escalator market in GCC countries and it is poised to grow by 1874.00 units during 2021-2025, progressing at a CAGR of almost 3% during the forecast period. The report on elevator and escalator market in GCC countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current GCC countries market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing government spending on the construction sector, growing investment in smart cities, and growing tourism sector.

The elevator and escalator market in GCC countries analysis includes product segment and geographic landscape.

The elevator and escalator market in GCC countries is segmented as below:

By Product
  • Elevators
  • Escalators

By Geographical Landscape
  • Saudi Arabia
  • Qatar
  • UAE
  • Oman
  • Kuwait
  • Bahrain

This study identifies the elevators that go sideways as well as up and down as one of the prime reasons driving the elevator and escalator market in GCC countries growth during the next few years. Also, developments in elevator and escalator technology and merging cognitive analytics with elevator and escalator technology will lead to sizable demand in the market.

The report on elevator and escalator market in GCC countries covers the following areas:
  • Elevator and escalator market in GCC countries sizing
  • Elevator and escalator market in GCC countries forecast
  • Elevator and escalator market in GCC countries industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator and escalator market in GCC countries vendors that include Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Schindler Holding Ltd., Sigma Elevator Co., Toshiba Corp., and thyssenkrupp AG. Also, the elevator and escalator market in GCC countries analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

FEATURED COMPANIES

  • Fujitec Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.

Executive Summary
  • Market overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis
  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product
  • Market segments
  • Comparison by Product
  • Elevators - Market size and forecast 2020-2025
  • Escalators - Market size and forecast 2020-2025
  • Market opportunity by Product

Market Segmentation by GCC countries
  • Market segments
  • Comparison by GCC countries
  • Saudi Arabia - Market size and forecast 2020-2025
  • Qatar - Market size and forecast 2020-2025
  • UAE - Market size and forecast 2020-2025
  • Oman - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by GCC countries

Market Segmentation by end-user
  • Residential
  • Non-residential

Customer landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Vendor landscape
  • Landscape disruption
  • Competitive Scenario

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Fujitec Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.
  • Schindler Holding Ltd.
  • Sigma Elevator Co.
  • thyssenkrupp AG
  • Toshiba Corp.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 (units)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • Product - Market share 2020-2025 (%)
  • Comparison by Product
  • Elevators - Market size and forecast 2020-2025 (units)
  • Elevators - Year-over-year growth 2020-2025 (%)
  • Escalators - Market size and forecast 2020-2025 (units)
  • Escalators - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Product
  • Other1 - Market share 2020-2025 (%)
  • Comparison by Other1
  • Saudi Arabia - Market size and forecast 2020-2025 (units)
  • Saudi Arabia - Year-over-year growth 2020-2025 (%)
  • Qatar - Market size and forecast 2020-2025 (units)
  • Qatar - Year-over-year growth 2020-2025 (%)
  • UAE - Market size and forecast 2020-2025 (units)
  • UAE - Year-over-year growth 2020-2025 (%)
  • Oman - Market size and forecast 2020-2025 (units)
  • Oman - Year-over-year growth 2020-2025 (%)
  • Others - Market size and forecast 2020-2025 (units)
  • Others - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Other1
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Fujitec Co. Ltd. - Overview
  • Fujitec Co. Ltd. - Business segments
  • Fujitec Co. Ltd. - Key offerings
  • Fujitec Co. Ltd. - Key customers
  • Fujitec Co. Ltd. - Segment focus
  • Hitachi Ltd. - Overview
  • Hitachi Ltd. - Business segments
  • Hitachi Ltd. - Key offerings
  • Hitachi Ltd. - Key customers
  • Hitachi Ltd. - Segment focus
  • Hyundai Elevator Co. Ltd. - Overview
  • Hyundai Elevator Co. Ltd. - Product and service
  • Hyundai Elevator Co. Ltd. - Key offerings
  • Hyundai Elevator Co. Ltd. - Key customers
  • Hyundai Elevator Co. Ltd. - Segment focus
  • KONE Corp. - Overview
  • KONE Corp. - Business segments
  • KONE Corp. - Key offerings
  • KONE Corp. - Key customers
  • KONE Corp. - Segment focus
  • Mitsubishi Electric Corp. - Overview
  • Mitsubishi Electric Corp. - Business segments
  • Mitsubishi Electric Corp. - Key offerings
  • Mitsubishi Electric Corp. - Key customers
  • Mitsubishi Electric Corp. - Segment focus
  • Otis Worldwide Corp. - Overview
  • Otis Worldwide Corp. - Business segments
  • Otis Worldwide Corp. - Key offerings
  • Otis Worldwide Corp. - Key customers
  • Otis Worldwide Corp. - Segment focus
  • Schindler Holding Ltd. - Overview
  • Schindler Holding Ltd. - Business segments
  • Schindler Holding Ltd. - Key offerings
  • Schindler Holding Ltd. - Key customers
  • Schindler Holding Ltd. - Segment focus
  • Sigma Elevator Co. - Overview
  • Sigma Elevator Co. - Product and service
  • Sigma Elevator Co. - Key offerings
  • Sigma Elevator Co. - Key customers
  • Sigma Elevator Co. - Segment focus
  • Toshiba Corp. - Overview
  • Toshiba Corp. - Business segments
  • Toshiba Corp. - Key offerings
  • Toshiba Corp. - Key customers
  • Toshiba Corp. - Segment focus
  • thyssenkrupp AG - Overview
  • thyssenkrupp AG - Business segments
  • thyssenkrupp AG - Key offerings
  • thyssenkrupp AG - Key customers
  • thyssenkrupp AG - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

FEATURED COMPANIES

  • Fujitec Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.
The publisher recognizes the following companies as the key players in the elevator and escalator market in GCC countries: Fujitec Co. Ltd., Hitachi Ltd., Hyundai Elevator Co. Ltd., KONE Corp., Mitsubishi Electric Corp., Otis Worldwide Corp., Schindler Holding Ltd., Sigma Elevator Co., Toshiba Corp., and thyssenkrupp AG.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the elevators that go sideways as well as up and down.`

According to the report, one of the major drivers for this market is the increasing government spending on construction sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

A selection of companies mentioned in this report includes:

  • Fujitec Co. Ltd.
  • Hitachi Ltd.
  • Hyundai Elevator Co. Ltd.
  • KONE Corp.
  • Mitsubishi Electric Corp.
  • Otis Worldwide Corp.
  • Schindler Holding Ltd.
  • Sigma Elevator Co.
  • Toshiba Corp.
  • thyssenkrupp AG