Assessment of the Middle East, Africa & India Elevator Market 2016

1100 - 1400

Add To Cart
No. of Pages
Release Date
Delivery Format
Geographical Coverage
India, MENA, Middle East, Africa
The global elevator and escalator market was valued at USD 86 billion in 2012 and is expected to grow steadily spurred by robust demand from Asia. The Asian countries are investing in their infrastructure, particularly public transportation and airports, and this has lead to a rise in demand for new elevator and escalator installations. China is the worlds largest elevator producer and consumer. In 2013, the country had the largest share of new elevator and escalator installations, contributing 67% to global installations. Demand from the region is expected is expected to grow strongly through 2017.

It is expected that the MENA region will witness installation of close to 700,000 new elevator units by 2018. High growth in the elevator market is expected from new construction in Middle East with sustained elevator demand in Dubai and Abu Dhabi new demand emerging from Jeddah. The elevator market in the region, which is dependent primarily on the construction sector, has recently been under pressure due to falling oil prices and the weakening economy.

Even though Africa does not have many skyscrapers currently, and demand is primarily for elevator repair and maintenance, with the government acutely aware that poor infrastructure is the biggest obstacle to growth, elevator demand is expected to rise. Kenya is emerging as a key market for elevators due to rapid urbanisation and population growth coupled with expansion of the middle class.

In India with the government's drive for infrastructure, rising urbanization and the increasing number of high rise building, the elevator industry is headed for robust growth. Over the next decade, 100 smart cities, several new airports and metro rail routes are expected to be commissioned in India. The elevator market size in India was approximately 52,600 units in 2013 and is projected to grow to more than 100,000 by 2020.The highest demand in the country is currently from the Western Region followed by North & South. India is a price sensitive market and players have introduced products across price categories and segments. Players such as Otis have manufacturing facilities in India to keep costs low. Kone is setting up a factory at Pillaipakkam, near Chennai, which is expected to double its capacity.

Why should the report be purchased?

The report Assessment of the MENA & India Elevator Market 2016 highlights key drivers of and trends emerging in the MENA & Indian elevator market. The Initiatives and performance of key players including Otis Elevator Company, Schindler Group, KONE, ThyssenKrupp AG, Mitsubishi Electric Corp., Hyundai Elevator Co. Ltd and Toshiba Elevator and Building Systems Corp. has been presented. The current market scenario and future prospects of the sector has also been examined. The report contains latest industry leaders verbatim.

Research Methodology

In depth secondary research was conducted to arrive at key insights. Data collected from key industry sources has been analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.

The report is available as single-site single-user license.
1. Global Elevator & Escalator Market
1.1 Overview
1.2 Current Statistics &Performance
1.3 Outlook
2. Middle EastElevator Market
2.1 Market Performance
2.2 Trends & Drivers
2.3 Challenges
2.4 Outlook
3. Africa
3.1 Overview
3.2 Trends & Drivers
3.3 Challenges
3.4 Outlook
4. India Elevator Market
4.1 Market Performance
4.2 Trends & Drivers
4.3 Challenges
4.4 Outlook
5. Competitive Landscape
5.1 Otis Elevator Company
5.2 Schindler Group
5.3 KONE
5.4 ThyssenKrupp AG
5.5 Mitsubishi Electric Corp
5.6 Hyundai Elevator Co. Ltd
5.7 Toshiba Elevator and Building Systems Corp.
6. Other Growing Elevator Markets
7. List of Charts & Tables
7.1 Global Elevator and Escalator Market Size (2012-2017)
7.2 Global Revenue Wise Top Elevator and Escalator Players (2013)
7.3 Global Region Wise New Elevator and Escalator Installations (2011-2013)
7.4 Global top 5 elevators & escalators Companies by Revenue (2014, USD billion)
7.5 India Elevator Market Size (2001-2018)
7.6 India Real Estate Market Size (2008-20)
7.7 Middle East Elevator Market Size (2013-2019)
8. Research Methodology
9. About Smart Research Insights
Delivery time for the soft copy is 2 business day and dispatch time for hard copy of the report is 3 business days, as each hard copy is custom printed for the client.

North America Water Sink Market by Manufacturers, Countries, Type and Application, Forecast to 2022

A Water Sink (also known as Water Sinker, washbowl, hand basin and wash basin) is a bowl-shaped plum
Add to cart

Global Color Coated Steel Roll Market Professional Survey Report 2018

This report studies Color Coated Steel Roll in Global market, especially in North America, China, Eu
Add to cart

Global Colour Steel Market Professional Survey Report 2018

This report studies Colour Steel in Global market, especially in North America, China, Europe, South
Add to cart

Global Prepainted Steel Strip Market Professional Survey Report 2018

This report studies Prepainted Steel Strip in Global market, especially in North America, China, Eur
Add to cart

Global Metal Corner Beads Market Professional Survey Report 2018

This report studies Metal Corner Beads in Global market, especially in North America, China, Europe,
Add to cart

Medical Diagnostic Imaging Market Trends and Strategic Outlook

For detecting any problem in a patient’s body, it is essential to understand the interaction o
Read More

Infant Car Seat Market and Baby Safety Seats Industry Research

Baby or infant safety is very crucial to parents, even more then their own safety. And when it comes
Read More

Global Online Education Market Analysis and Industry Statistics

Online education market has been evolving since its inception globally with advancement in IT Techno
Read More

Heavy Duty Trucks Market Share Analysis and Global Overview

Road and rail transport is expected to take lead in the coming years. Heavy duty trucks market share
Read More

The Gaming Simulator Market Outlook For Next Few Years

Gaming simulator market is one of the fastest growing market of hardware type due to the increasing
Read More

Artificial Intelligence Market in Retail and Other Industries Reviewed for 2018 and Beyond

Artificial Intelligence market has been consistently involved in teaching computers what they would
Read More

e-Learning Market to see Double Digit Growth for Next Few Years

Globally, the e-learning market of formalized teaching and knowledge share happening with the help o
Read More

Digital Printed Wallpaper Market Growing at a Fast Pace

The segment of digital printed wallpaper market within the interior designing industry is gaining tr
Read More

Contactless Payment Market Share Analysis Released in New Reports

While cash is an out dated method of payment since a long time now, credit and debit cards are also
Read More

Rise of Global Retail Analytics Market and Predictive Analytics Industry

Businessmen gather information about all aspects of their business in order to improve results. All
Read More