Market Forecast By Types (Elevator (Passenger, Cargo Elevator And Home Elevator), Escalator (Moving Walkway And Moving Stairway)), By Applications (Residential, Commercial And Industrial), By Service Type (New Installation, Maintenance And Modernization), By Countries (South Africa, Egypt, Nigeria, Algeria, Ghana, Kenya, Tanzania, Morocco, Ethiopia, And Others) And Competitive Landscape
Product Code: ETC055096 | Publication Date: Dec 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 214 | No. of Figures: 122 | No. of Tables: 90 |
The elevator and escalator market in Africa is poised for significant growth, driven by urbanization and rapid economic development across the continent. Countries such as Nigeria, Kenya, and South Africa are witnessing increased investments in residential, commercial, and infrastructural projects, necessitating modern vertical transportation systems.
Furthermore, the trend towards sustainable and green building solutions is influencing the Africa Elevator And Escalator Market Growth, prompting manufacturers to innovate and implement eco-friendly technologies. Government initiatives aimed at improving public infrastructure and transport networks will also be a crucial factor in this market's expansion. The competitive landscape is expected to become more dynamic as both global giants and local firms strive to capture market share through technological advancements and strategic collaborations.
Africa Elevator and Escalator Market report comprehensively covers the market by types, by applications, by services, by countries. Africa Elevator and Escalator market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Elevator and Escalator market is anticipated to grow significantly on the back of investment in infrastructure projects coupled with rise in residential and housing projects. Additionally, the rise in number of hotel chain pipelines would also increase the elevator and escalator market in Africa region.
According to 6Wresearch, Africa Elevator and Escalator market size is projected to grow at a CAGR of 8.5% during 2022-2028. the demand for elevators and escalators in Africa saw a sharp decline owing to the pandemic during the year 2020 as economic activities were suspended to curb the effect of the pandemic. Moreover, supply chain also got hampered thereby, further declining the demand and the revenues of elevators and escalators in Africa. However, investment in infrastructure by African nations along with increasing number of hotel chains in the pipeline in Africa coupled with the growing number of skyscrapers such as Iconic Tower in Egypt, 88 Nairobi in Kenya would act as major driver for growth of elevator and escalator in Africa. Moreover, growing residential sector and housing projects such as “Cornubia housing project” in South Africa, “Affordable Housing Project” by Kenyan government would also act as a catalyst in growth of elevator and escalator market in Africa.
Elevators acquired the maximum revenue share by types, in Africa elevator and escalator market owing to their extensive usage in commercial, residential and industrial spaces. Elevators usually acquire less space in comparison to escalators hence further augmenting their growth. The increasing number of hotel projects such Premier Hotel Building in South Africa, Rotana Hotel in Tanzania would help the elevator market to grow. Additionally, offices and residential space in African countries would also expand the market for elevators in the years ahead.
Commercial sector acquired the maximum revenue share in Africa elevator and escalator market on the back of growing hospitality sector. Moreover, the establishment of 300 hotel projects in the coming years would further grow the market of commercial sector.
In South Africa elevator and escalator market, by service types, new installation is expected to dominate the market in terms of revenue on account of upcoming projects in the country such as Durban Tower, Modderfontein New City that would require the installation of multiple elevator and escalators.
The Africa elevator and escalator market is highly competitive, featuring several notable companies that drive innovation and maintain significant market shares. Key players in this market include global giants such as Otis Elevator Company, Schindler Group, KONE Corporation, and thyssenkrupp AG. These companies are renowned for their extensive experience, cutting-edge technology, and comprehensive service offerings, which include the installation, maintenance, and modernization of elevators and escalators. Additionally, local firms such as Johannesburg Elevators and African Mechanical and Superlift Limited also contribute to the market by providing customized solutions tailored to the specific needs of various African regions.
Government initiatives across Africa have played a crucial role in fostering growth within the elevator and escalator market. Many African nations are investing heavily in infrastructure development, urbanization projects, and public transport systems, which inherently demand modern vertical transportation solutions. For instance, countries like Nigeria and South Africa have launched ambitious programs to develop smart cities, incorporating advanced elevators and escalators to meet the rising needs of urban populations. Additionally, regulatory frameworks emphasizing safety standards and energy efficiency have prompted the adoption of state-of-the-art elevator and escalator technologies. Government incentives for sustainable building practices also encourage the use of eco-friendly vertical transportation solutions, further propelling the Africa Elevator And Escalator Market. Through these initiatives, governments are not only addressing current mobility challenges but also setting the stage for long-term economic and infrastructural development.
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Africa Elevator and Escalator Market Overview |
3.1. Africa Elevator and Escalator Market Revenues, 2018-2028F |
3.2. Africa Elevator and Escalator Market-Industry Life Cycle |
3.3. Africa Elevator and Escalator Market-Porter’s Five Forces |
3.4. Africa Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
3.5. Africa Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
3.6. Africa Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
3.7. Africa Elevator and Escalator Market Revenue Share, By Countries, 2021 & 2028F |
4.Impact Analysis Of Covid-19 On Africa Elevator And Escalator Market |
5. Africa Elevator and Escalator Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. Africa Elevator and Escalator Market Trends |
7. South Africa Elevator and Escalator Market Overview |
7.1. South Africa Elevator and Escalator Market Revenues and Volume, 2018-2028F |
7.1.1. South Africa Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
7.1.1.1 South Africa Elevator Market Revenues and Volume, 2018-2028F |
7.1.1.2. South Africa Escalator Market Revenues and Volume, 2018-2028F |
7.1.2. South Africa New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
7.1.2.1. South Africa Passenger Elevator Market Revenues and Volume, 2018-2028F |
7.1.2.2 South Africa Cargo Elevator Market Revenues and Volume, 2018-2028F |
7.1.2.3 South Africa Home Elevator Market Revenues and Volume, 2018-2028F |
7.1.3 South Africa New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
7.1.3.1. South Africa Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
7.1.3.2 South Africa Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
7.1.4 South Africa Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
7.1.4.1. South Africa New Installation Escalator and Elevator Market Revenues, 2018-2028F |
7.1.4.2 South Africa Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
7.1.4.3 South Africa Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
7.1.5 South Africa Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
7.1.5.1. South Africa Commercial Escalator and Elevator Market Revenues, 2018-2028F |
7.1.5.2 South Africa Industrial Escalator and Elevator Market Revenues, 2018-2028F |
7.1.5.3 South Africa Residential Escalator and Elevator Market Revenues, 2018-2028F |
7.2. South Africa Elevator and Escalator Market Opportunity Assessment |
7.2.1 South Africa Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
7.2.2 South Africa Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
7.3 South Africa Elevator and Escalator Market, Company Ranking/Share, 2021 |
8. Egypt Elevator and Escalator Market Overview |
8.1. Egypt Elevator and Escalator Market Revenues and Volume, 2018-2028F |
8.1.1. Egypt Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
8.1.1.1 Egypt Elevator Market Revenues and Volume, 2018-2028F |
8.1.1.2. Egypt Escalator Market Revenues and Volume, 2018-2028F |
8.1.2. Egypt New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
8.1.2.1. Egypt Passenger Elevator Market Revenues and Volume, 2018-2028F |
8.1.2.2 Egypt Cargo Elevator Market Revenues and Volume, 2018-2028F |
8.1.2.3 Egypt Home Elevator Market Revenues and Volume, 2018-2028F |
8.1.3 Egypt New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
8.1.3.1. Egypt Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
8.1.3.2 Egypt Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
8.1.4 Egypt Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
8.1.4.1. Egypt New Installation Escalator and Elevator Market Revenues, 2018-2028F |
8.1.4.2 Egypt Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
8.1.4.3 Egypt Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
8.1.5 Egypt Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
8.1.5.1. Egypt Commercial Escalator and Elevator Market Revenues, 2018-2028F |
8.1.5.2 Egypt Industrial Escalator and Elevator Market Revenues, 2018-2028F |
8.1.5.3 Egypt Residential Escalator and Elevator Market Revenues, 2018-2028F |
8.2. Egypt Elevator and Escalator Market Opportunity Assessment |
8.2.1 Egypt Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
8.2.2 Egypt Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
8.3 Egypt Elevator and Escalator Market, Company Ranking/Share, 2021 |
9. Kenya Elevator and Escalator Market Overview |
9.1. Kenya Elevator and Escalator Market Revenues and Volume, 2019-2029F |
9.1.1. Kenya Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2029F |
9.1.1.1 Kenya Elevator Market Revenues and Volume, 2019-2029F |
9.1.1.2. Kenya Escalator Market Revenues and Volume, 2019-2029F |
9.1.2. Kenya New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2029F |
9.1.2.1. Kenya Passenger Elevator Market Revenues and Volume, 2019-2029F |
9.1.2.2 Kenya Cargo Elevator Market Revenues and Volume, 2019-2029F |
9.1.2.3 Kenya Home Elevator Market Revenues and Volume, 2019-2029F |
9.1.3 Kenya New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2029F |
9.1.3.1. Kenya Moving Stairway Escalator Market Revenues and Volume, 2019-2029F |
9.1.3.2 Kenya Moving Walkway Escalator Market Revenues and Volume, 2019-2029F |
9.1.4 Kenya Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2029F |
9.1.4.1. Kenya New Installation Escalator and Elevator Market Revenues, 2019-2029F |
9.1.4.2 Kenya Maintenance Escalator and Elevator Market Revenues, 2019-2029F |
9.1.4.3 Kenya Modernisation Escalator and Elevator Market Revenues , 2019-2029F |
9.1.5 Kenya Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2029F |
9.1.5.1. Kenya Commercial Escalator and Elevator Market Revenues, 2019-2029F |
9.1.5.2 Kenya Industrial Escalator and Elevator Market Revenues, 2019-2029F |
9.1.5.3 Kenya Residential Escalator and Elevator Market Revenues, 2019-2029F |
9.2. Kenya Elevator and Escalator Market Opportunity Assessment |
9.2.1 Kenya Elevator and Escalator Market Opportunity Assessment, By Service Types, 2029F |
9.2.2 Kenya Elevator and Escalator Market Opportunity Assessment, By Applications, 2029F |
9.3 Kenya Elevator and Escalator Market, Company Ranking/Share, 2021 |
10. Tanzania Elevator and Escalator Market Overview |
10.1. Tanzania Elevator and Escalator Market Revenues and Volume, 2018-2028F |
10.1.1. Tanzania Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
10.1.1.1 Tanzania Elevator Market Revenues and Volume, 2018-2028F |
10.1.1.2. Tanzania Escalator Market Revenues and Volume, 2018-2028F |
10.1.2. Tanzania New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
10.1.2.1. Tanzania Passenger Elevator Market Revenues and Volume, 2018-2028F |
10.1.2.2 Tanzania Cargo Elevator Market Revenues and Volume, 2018-2028F |
10.1.2.3 Tanzania Home Elevator Market Revenues and Volume, 2018-2028F |
10.1.3 Tanzania New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
10.1.3.1. Tanzania Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
10.1.3.2 Tanzania Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
10.1.4 Tanzania Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
10.1.4.1. Tanzania New Installation Escalator and Elevator Market Revenues, 2018-2028F |
10.1.4.2 Tanzania Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
10.1.4.3 Tanzania Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
10.1.5 Tanzania Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
10.1.5.1. Tanzania Commercial Escalator and Elevator Market Revenues, 2018-2028F |
10.1.5.2 Tanzania Industrial Escalator and Elevator Market Revenues, 2018-2028F |
10.1.5.3 Tanzania Residential Escalator and Elevator Market Revenues, 2018-2028F |
10.2. Tanzania Elevator and Escalator Market Opportunity Assessment |
10.2.1 Tanzania Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
10.2.2 Tanzania Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
10.3 Tanzania Elevator and Escalator Market, Company Ranking/Share, 2021 |
11. Nigeria Elevator and Escalator Market Overview |
11.1. Nigeria Elevator and Escalator Market Revenues and Volume, 2018-2028F |
11.1.1. Nigeria Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
11.1.1.1 Nigeria Elevator Market Revenues and Volume, 2018-2028F |
11.1.1.2. Nigeria Escalator Market Revenues and Volume, 2018-2028F |
11.1.2. Nigeria New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
11.1.2.1. Nigeria Passenger Elevator Market Revenues and Volume, 2018-2028F |
11.1.2.2 Nigeria Cargo Elevator Market Revenues and Volume, 2018-2028F |
11.1.2.3 Nigeria Home Elevator Market Revenues and Volume, 2018-2028F |
11.1.3 Nigeria New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
11.1.3.1. Nigeria Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
11.1.3.2 Nigeria Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
11.1.4 Nigeria Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
11.1.4.1. Nigeria New Installation Escalator and Elevator Market Revenues, 2018-2028F |
11.1.4.2 Nigeria Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
11.1.4.3 Nigeria Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
11.1.5 Nigeria Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
11.1.5.1. Nigeria Commercial Escalator and Elevator Market Revenues, 2018-2028F |
11.1.5.2 Nigeria Industrial Escalator and Elevator Market Revenues, 2018-2028F |
11.1.5.3 Nigeria Residential Escalator and Elevator Market Revenues, 2018-2028F |
11.2. Nigeria Elevator and Escalator Market Opportunity Assessment |
11.2.1 Nigeria Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
11.2.2 Nigeria Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
11.3 Nigeria Elevator and Escalator Market, Company Ranking/Share, 2021 |
12. Ghana Elevator and Escalator Market Overview |
12.1. Ghana Elevator and Escalator Market Revenues and Volume, 2018-2028F |
12.1.1. Ghana Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
12.1.1.1 Ghana Elevator Market Revenues and Volume, 2018-2028F |
12.1.1.2. Ghana Escalator Market Revenues and Volume, 2018-2028F |
12.1.2. Ghana New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
12.1.2.1. Ghana Passenger Elevator Market Revenues and Volume, 2018-2028F |
12.1.2.2 Ghana Cargo Elevator Market Revenues and Volume, 2018-2028F |
12.1.2.3 Ghana Home Elevator Market Revenues and Volume, 2018-2028F |
12.1.3 Ghana New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
12.1.3.1. Ghana Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
12.1.3.2 Ghana Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
12.1.4 Ghana Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
12.1.4.1. Ghana New Installation Escalator and Elevator Market Revenues, 2018-2028F |
12.1.4.2 Ghana Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
12.1.4.3 Ghana Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
12.1.5 Ghana Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
12.1.5.1. Ghana Commercial Escalator and Elevator Market Revenues, 2018-2028F |
12.1.5.2 Ghana Industrial Escalator and Elevator Market Revenues, 2018-2028F |
12.1.5.3 Ghana Residential Escalator and Elevator Market Revenues, 2018-2028F |
12.2. Ghana Elevator and Escalator Market Opportunity Assessment |
12.2.1 Ghana Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
12.2.2 Ghana Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
12.3 Ghana Elevator and Escalator Market, Company Ranking/Share, 2021 |
13. Algeria Elevator and Escalator Market Overview |
13.1. Algeria Elevator and Escalator Market Revenues and Volume, 2018-2028F |
13.1.1. Algeria Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
13.1.1.1 Algeria Elevator Market Revenues and Volume, 2018-2028F |
13.1.1.2. Algeria Escalator Market Revenues and Volume, 2018-2028F |
13.1.2. Algeria New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
13.1.2.1. Algeria Passenger Elevator Market Revenues and Volume, 2018-2028F |
13.1.2.2 Algeria Cargo Elevator Market Revenues and Volume, 2018-2028F |
13.1.2.3 Algeria Home Elevator Market Revenues and Volume, 2018-2028F |
13.1.3 Algeria New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
13.1.3.1. Algeria Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
13.1.3.2 Algeria Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
13.1.4 Algeria Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
13.1.4.1. Algeria New Installation Escalator and Elevator Market Revenues, 2018-2028F |
13.1.4.2 Algeria Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
13.1.4.3 Algeria Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
13.1.5 Algeria Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
13.1.5.1. Algeria Commercial Escalator and Elevator Market Revenues, 2018-2028F |
13.1.5.2 Algeria Industrial Escalator and Elevator Market Revenues, 2018-2028F |
13.1.5.3 Algeria Residential Escalator and Elevator Market Revenues, 2018-2028F |
13.2. Algeria Elevator and Escalator Market Opportunity Assessment |
13.2.1 Algeria Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
13.2.2 Algeria Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
13.3 Algeria Elevator and Escalator Market, Company Ranking/Share, 2021 |
14. Morocco Elevator and Escalator Market Overview |
14.1. Morocco Elevator and Escalator Market Revenues and Volume, 2018-2028F |
14.1.1. Morocco Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
14.1.1.1 Morocco Elevator Market Revenues and Volume, 2018-2028F |
14.1.1.2. Morocco Escalator Market Revenues and Volume, 2018-2028F |
14.1.2. Morocco New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
14.1.2.1. Morocco Passenger Elevator Market Revenues and Volume, 2018-2028F |
14.1.2.2 Morocco Cargo Elevator Market Revenues and Volume, 2018-2028F |
14.1.2.3 Morocco Home Elevator Market Revenues and Volume, 2018-2028F |
14.1.3 Morocco New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
14.1.3.1. Morocco Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
14.1.3.2 Morocco Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
14.1.4 Morocco Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
14.1.4.1. Morocco New Installation Escalator and Elevator Market Revenues, 2018-2028F |
14.1.4.2 Morocco Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
14.1.4.3 Morocco Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
14.1.5 Morocco Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
14.1.5.1. Morocco Commercial Escalator and Elevator Market Revenues, 2018-2028F |
14.1.5.2 Morocco Industrial Escalator and Elevator Market Revenues, 2018-2028F |
14.1.5.3 Morocco Residential Escalator and Elevator Market Revenues, 2018-2028F |
14.2. Morocco Elevator and Escalator Market Opportunity Assessment |
14.2.1 Morocco Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
14.2.2 Morocco Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
14.3 Morocco Elevator and Escalator Market, Company Ranking/Share, 2021 |
15. Ethiopia Elevator and Escalator Market Overview |
15.1. Ethiopia Elevator and Escalator Market Revenues and Volume, 2018-2028F |
15.1.1. Ethiopia Elevator and Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
15.1.1.1 Ethiopia Elevator Market Revenues and Volume, 2018-2028F |
15.1.1.2. Ethiopia Escalator Market Revenues and Volume, 2018-2028F |
15.1.2. Ethiopia New Installation Elevator Market Revenue and Volume Share, By Types, 2021 & 2028F |
15.1.2.1. Ethiopia Passenger Elevator Market Revenues and Volume, 2018-2028F |
15.1.2.2 Ethiopia Cargo Elevator Market Revenues and Volume, 2018-2028F |
15.1.2.3 Ethiopia Home Elevator Market Revenues and Volume, 2018-2028F |
15.1.3 Ethiopia New Installation Escalator Market Revenue and Volume Share, By Types, 2021 & 2028F |
15.1.3.1. Ethiopia Moving Stairway Escalator Market Revenues and Volume, 2018-2028F |
15.1.3.2 Ethiopia Moving Walkway Escalator Market Revenues and Volume, 2018-2028F |
15.1.4 Ethiopia Escalator and Elevator Market Revenue Share, By Service Types, 2021 & 2028F |
15.1.4.1. Ethiopia New Installation Escalator and Elevator Market Revenues, 2018-2028F |
15.1.4.2 Ethiopia Maintenance Escalator and Elevator Market Revenues, 2018-2028F |
15.1.4.3 Ethiopia Modernisation Escalator and Elevator Market Revenues , 2018-2028F |
15.1.5 Ethiopia Escalator and Elevator Market Revenue Share, By Applications, 2021 & 2028F |
15.1.5.1. Ethiopia Commercial Escalator and Elevator Market Revenues, 2018-2028F |
15.1.5.2 Ethiopia Industrial Escalator and Elevator Market Revenues, 2018-2028F |
15.1.5.3 Ethiopia Residential Escalator and Elevator Market Revenues, 2018-2028F |
15.2. Ethiopia Elevator and Escalator Market Opportunity Assessment |
15.2.1 Ethiopia Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
15.2.2 Ethiopia Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
15.3 Ethiopia Elevator and Escalator Market, Company Ranking/Share, 2021 |
16. Rest of Africa Elevator and Escalator Market Overview |
16.1. Rest of Africa Elevator and Escalator Market Revenues, 2018-2028F |
17. Africa Elevator and Escalator Market Key Performance Indicators |
18. Africa Elevator and Escalator Market Opportunity Assessment |
18.1. Africa Elevator and Escalator Market Opportunity Assessment, By Countries, 2028F |
18.2. Africa Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
19. Africa Elevator and Escalator Market- Competitive Landscape |
19.1. Africa Elevator and Escalator Market Competitive Benchmarking, By Operating and Technical Parameters |
20. Company Profiles |
20.1. Otis Elevator Co. |
20.2. Schindler Holding Ltd. |
20.3. KONE Corporation |
20.4. Mitsubishi Electric Corporation |
20.5. Thyssenkrupp AG |
20.6. Hyundai Elevator Co. Ltd. |
20.7. Kleemann Hellas S.A |
20.8. Omega Elevators |
20.9. Fujitech Co. Ltd. |
20.10. Hitachi Ltd. |
20.11. EGGEEC (FUJI) |
21. Key Strategic Recommendations |
22. Disclaimer |
List of Figures |
1. Africa Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
2. Africa Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
3. Africa Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
4. Africa Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
5. Africa Elevator and Escalator Market Revenue Share, By Countries, 2021 & 2028F |
6. Africa’s Anticipated Hotel Pipeline Onsite Construction Deals, 2022-2027F |
7. South Africa Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
8. South Africa Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
9. South Africa Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
10. South Africa New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
11. South Africa New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
12. South Africa New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
13. South Africa New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
14. South Africa Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
15. South Africa Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
16. South Africa Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
17. South Africa Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
18. South Africa Elevator and Escalator Market Revenue Share, By Company, 2021 |
19. Egypt Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
20. Egypt Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
21. Egypt Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
22. Egypt New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
23. Egypt New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
24. Egypt New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
25. Egypt New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
26. Egypt Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
27. Egypt Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
28. Egypt Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
29. Egypt Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
30. Egypt Elevator and Escalator Market Revenue Share, By Company, 2021 |
31. Kenya Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
32. Kenya Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
33. Kenya Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
34. Kenya New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
35. Kenya New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
36. Kenya New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
37. Kenya New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
38. Kenya Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
39. Kenya Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
40. Kenya Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
41. Kenya Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
42. Kenya Elevator and Escalator Market Revenue Share, By Company, 2021 |
43. Tanzania Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
44. Tanzania Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
45. Tanzania Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
46. Tanzania New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
47. Tanzania New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
48. Tanzania New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
49. Tanzania New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
50. Tanzania Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
51. Tanzania Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
52. Tanzania Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
53. Tanzania Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
54. Tanzania Elevator and Escalator Market Revenue Rankings, By Company, 2021 |
55. Nigeria Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
56. Nigeria Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
57. Nigeria Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
58. Nigeria New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
59. Nigeria New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
60. Nigeria New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
61. Nigeria New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
62. Nigeria Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
63. Nigeria Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
64. Nigeria Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
65. Nigeria Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
66. Nigeria Elevator and Escalator Market Revenue Share, By Company, 2021 |
67. Ghana Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
68. Ghana Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
69. Ghana Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
70. Ghana New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
71. Ghana New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
72. Ghana New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
73. Ghana New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
74. Ghana Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
75. Ghana Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
76. Ghana Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
77. Ghana Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
78. Ghana Elevator and Escalator Market Revenue Share, By Company, 2021 |
79. Algeria Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
80. Algeria Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
81. Algeria Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
82. Algeria New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
83. Algeria New Installation Elevator Market Volume Share, By Types, 2020 & 2027F |
84. Algeria New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
85. Algeria New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
86. Algeria Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
87. Algeria Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
88. Algeria Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
89. Algeria Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
90. Algeria Elevator and Escalator Market Revenue Ranking, By Company, 2021 |
91. Morocco Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
92. Morocco Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
93. Morocco Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
94. Morocco New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
95. Morocco New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
96. Morocco New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
97. Morocco New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
98. Morocco Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
99. Morocco Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
100. Morocco Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
101. Morocco Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
102. Morocco Elevator and Escalator Market Revenue Share, By Company, 2021 |
103. Ethiopia Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
104. Ethiopia Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
105. Ethiopia Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
106. Ethiopia New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
107. Ethiopia New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
108. Ethiopia New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
109. Ethiopia New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
110. Ethiopia Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
111. Ethiopia Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
112. Ethiopia Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
113. Ethiopia Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
114. Ethiopia Elevator and Escalator Market Revenue Ranking, By Company, 2021 |
115. Rest of Africa Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
116. Residential Units Supply (in thousand units) |
117. Egypt Hotel Project Pipeline, 2021-2024F |
118. Africa Elevator and Escalator Market Opportunity Assessment, By Countries, 2028F |
119. Africa Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
120. Number of Projects and their Value in Africa, 2018-2021 |
121. Top 5 Countries With Number of Projects and their Value in Africa, 2021 |
122. Sector-wise Number of Projects and their Value, 2021 |
List of Tables |
1. Hotel Chain Development Pipeline in Africa, 2022 |
2. Upcoming Skyscraper Projects in Africa, 2023-2025 |
3. South Africa Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
4. South Africa Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
5. South Africa New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
6. South Africa New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
7. South Africa New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
8. South Africa New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
9. South Africa Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
10. South Africa Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
11. Egypt Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
12. Egypt Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
13. Egypt New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
14. Egypt New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
15. Egypt New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
16. Egypt New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
17. Egypt Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
18. Egypt Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
19. Kenya Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
20. Kenya Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
21. Kenya New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
22. Kenya New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
23. Kenya New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
24. Kenya New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
25. Kenya Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
26. Kenya Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
27. Tanzania Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
28. Tanzania Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
29. Tanzania New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
30. Tanzania New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
31. Tanzania New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
32. Tanzania New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
33. Tanzania Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
34. Tanzania Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
35. Nigeria Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
36. Nigeria Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
37. Nigeria New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
38. Nigeria New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
39. Nigeria New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
40. Nigeria New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
41. Nigeria Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
42. Nigeria Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
43. Ghana Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
44. Ghana Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
45. Ghana New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
46. Ghana New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
47. Ghana New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
48. Ghana New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
49. Ghana Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
50. Ghana Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
51. Algeria Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
52. Algeria Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
53. Algeria New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
54. Algeria New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
55. Algeria New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
56. Algeria New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
57. Algeria Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
58. Algeria Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
59. Morocco Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
60. Morocco Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
61. Morocco New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
62. Morocco New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
63. Morocco New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
64. Morocco New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
65. Morocco Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
66. Morocco Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
67. Ethiopia Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
68. Ethiopia Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
69. Ethiopia New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
70. Ethiopia New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
71. Ethiopia New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
72. Ethiopia New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
73. Ethiopia Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
74. Ethiopia Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
75. South Africa Ongoing Projects, 2021-46 |
76. Egypt Value Of Upcoming And Ongoing Projects, By Project Type, 2022 |
77. Egypt Number of Upcoming Hotel Projects Under Different Phases of Construction, 2022-25F |
78. South Africa Ongoing Projects, 2021-2030 |
79. Kenya Upcoming Mega Residential Projects, 2021-2030 |
80. Kenya Ongoing Major Healthcare Projects |
81. Kenya Ongoing Residential Projects |
82. Tanzania Ongoing Hotel Projects |
83. Nigeria Ongoing Infrastructure Projects 2021-2023 |
84. Ghana Ongoing Residential Projects 2021-25 |
85. Ghana Construction Sector Projects, 2021-25 |
86. Algeria Ongoing Hotel Projects |
87. Morocco Ongoing Hotel Projects |
88. Morocco Ongoing Projects 20-2025 |
89. Ethiopia Ongoing Hotel Projects |
90. Estimated Hotel Chain Development Pipeline in Africa |
Market Forecast By Types (Elevator (Passenger, Cargo Elevator And Home Elevator), Escalator (Moving Walkway And Moving Stairway)), By Applications (Residential, Commercial And Industrial), By Service Type (New Installation, Maintenance And Modernization), By Countries (South Africa, Egypt, Nigeria, Algeria, Ghana, Kenya, Tanzania, Morocco, Ethiopia, And Others) And Competitive Landscape
Product Code: ETC055096 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 237 | No. of Figures: 123 | No. of Tables: 93 |
Africa Elevator and Escalator Market report thoroughly covers the market by service types, product types, elevator types, escalator types, and countries. The Africa elevators and escalators market outlook report provides an unbiased and detailed analysis of the on-going Africa elevators and escalators market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Elevator and Escalator Market Synopsis
Africa Elevator and Escalator Market is gaining traction in the region on account of growing demand from the commercial and residential sectors. In Africa, the expansion of infrastructure in the areas of retail, hospitality, commercial offices, healthcare, and residential apartments would continue to drive the demand for elevators and escalators in the region during the forecast period.
However, elevator and escalator market witnessed a slowdown in 2020 owing to the ongoing pandemic of COVID-19 which resulted in the halt of construction projects, suspension of economic activities and lockdown across various countries. Although, with the gradual recovery of the economic activities and relaxation in lockdown measures, the market is expected to regain its momentum during the forecast period.
According to 6Wresearch, Africa Elevator and Escalator Market size is projected to grow at CAGR of 8.1% during 2021-27. The commercial and residential segments are expected to grow in the future due to an increase in FDI and urbanization across all major countries, which would boost the Africa elevators and escalators market revenues. Additionally, major hotel chains are expanding their presence across several countries, and large-scale government infrastructure development projects, such as airport expansions, metro expansions, and development of other social infrastructure, are also strengthening the construction sector in the region. These factors would translate into an increase in the demand for elevators and escalators in the African region in the near future.
Market Analysis by Applications
The new installation and modernization segment are the key revenue generators in the overall Africa elevators and escalators market in 2020 with a cumulative market share of around 60%. As urbanization and infrastructure development continue to play an important role in the region, Elevator and Escalator Market would witness sound revenue growth. South Africa and Egypt registered maximum number of new installation and accounts for majority of the market revenue and volume share.
Market Analysis by Geography
Among all the geographies, South Africa Elevators and Escalators Market acquired the largest market revenue share for the year 2020 owing to an increase in commercial, industrial, and residential projects across South Africa which is creating a surge in demand for elevators and escalators in the country. The market for countries such as Kenya and Egypt is predicted to show significant growth in the coming years on increasing public sector spending and public transportation infrastructure development.
Key Attractiveness of the Report
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
Frequently Asked Questions About the Market Study:
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