Africa Elevator And Escalator Market (2022-2028) | Outlook, Forecast, Size, Trends, Value, Revenue, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

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

Latest (2024) Development of the Africa Elevator And Escalator Market

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.

Topics Covered in the Africa Elevator and Escalator Market

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 Synopsis

Africa elevator and escalator market Overview

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. 

Africa elevator and escalator market SegmentationOverview

Market by Types

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.

Market by Applications

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.

Africa elevator and escalator market Opportunity Assessment

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.

Africa Elevator And Escalator Market: Key Players

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. 

Africa Elevator And Escalator Market: Government Initiatives

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.

Key Highlights of the Report:

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2021
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Africa Elevator and Escalator Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Africa Elevator and Escalator market revenue is anticipated to record a CAGR of 8.5% during 2022-28.
By types, elevators have dominated the market on account of their wide usage in commercial, residential, and industrial spaces.
The key players of the market – Otis Elevator Co., Schindler Holding AG, KONE Corporation, Mitsubishi Electric Corporation, TK Elevator, Hyundai Elevator Co. Ltd, Kleemann Hellas S.A., Omega Elevators, FUJITEC Co. Ltd., Hitachi Ltd., EGGEEC (FUJI)
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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.

Africa Elevator and Escalator Market

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

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Africa Elevator and Escalator Market Overview
  • Africa Elevator and Escalator Market Outlook
  • Africa Elevator and Escalator Market Forecast
  • Historical data & Forecast of Africa Elevator and Escalator Market Revenues for the Period 2017-2027F
  • Historical data & Forecast of South Africa Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of South Africa Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Egypt Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & forecast of Egypt Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Kenya Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Kenya Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Nigeria Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Nigeria Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Ghana Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Ghana Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Tanzania Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Tanzania Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Algeria Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Algeria Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027F
  • Historical data & Forecast of Morocco Elevator and Escalator Market Revenues & Volume for the Period 2017-2027F
  • Historical data & Forecast of Morocco Elevator and Escalator Market Revenues, By Types, Applications and Services for the Period 2017-2027FMarket Opportunity Assessment by Product Type
  • Historical data & Forecast of Rest of the Africa Region Elevator and Escalator Market Revenues for the Period 2017-2027F
  • Africa Elevator and Escalator Market Trends
  • Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Africa Elevator and Escalator Market Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By Type:
    • Elevator
      • Passenger
      • Home
      • Cargo
    • Escalator
      • Moving Stairs
      • Moving Walks
  • By Applications:
    • Commercial
    • Residential
    • Industrial
  • By Services:
    • New Installation
    • Modernization
    • Maintenance
  • By Countries:
    • South Africa
    • Egypt
    • Nigeria Algeria
    • Morocco
    • Kenya Tanzania
    • Ghana
    • Ethiopia

Frequently Asked Questions About the Market Study:

  • Does the report consider COVID-19 impact?
    The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
  • How much growth is expected in the Africa Elevator and Escalator over the coming years?
    The Africa Elevator and Escalator revenue is anticipated to record a CAGR of 8.1% during 2021-27.
  • Which segment has captured key share of the market?
    Elevators has dominated the market revenues led by the growing demand of the product in cold storage industry.
  • Which segment is exhibited to gain traction over the forecast period?
    New installation segment would record key growth throughout the forecast period 2021-27.
  • Who are key the key players of the market?
    The key players of the market include- Otis Elevator Co., Schindler Holding Ltd., KONE Corporation, Mitsubishi Electric Corporation, Thyssenkrupp AG, Hyundai Elevator Co. Ltd., Kleemann Hellas S.A, Omega Elevators, Fujitech Co. Ltd., Hitachi Ltd.
  • Is customization available in the market study?
    Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements
  • We also want to have market reports for other countries/regions.
    6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Other Key Reports Available:

  • United States (US) Elevator and Escalator Market (2021-2027F)
  • Brazil Elevator and Escalator Market (2021-2027F)
  • Argentina Elevator and Escalator Market (2021-2027F)
  • United Kingdom (UK) Elevator and Escalator Market (2021-2027F)

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