Market Forecast By Types (Elevator, Escalator, Moving Walkways), By Services (Maintenance & Repair, New Installation, Modernization), By End-User (Residential, Commercial, Public) And Competitive Landscape
Product Code: ETC005712 | Publication Date: Jul 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 78 | No. of Figures: 22 | No. of Tables: 14 |
Egypt Elevator and Escalator market report comprehensively covers the market by types, by applications, by services. Egypt 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.
Egypt Elevator and Escalator market is anticipated to grow significantly on the back of large-scale government infrastructure development projects, including airport expansions, metro expansions, and development of other social infrastructure projects that would boost the market for elevators and escalators in Egypt. Moreover, commercial and residential segments are anticipated to grow in the future, which will surge the demand of the Egypt elevators and escalators market.
According to 6Wresearch, Egypt Elevator and Escalator market size is projected to grow at a CAGR of 9.1% during 2022-2028 the market was affected in 2020 by the COVID-19 pandemic, as the construction sector suffered. However, 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 Egypt 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 Egypt region in the near future.
By types, elevator market generated the majority revenues in Egypt elevator and escalator market on account of higher usage of elevators in commercial, industrial and residential spaces on the back of construction of ‘8 new cities’ in the region such as New Administrative Capital, Galala City, Mostakbal City, New Alamein City, New Ismailia City, New Aswan City, New Damietta City, New Mansoura City. Moreover, the rising numbers of hotels, residential and office space in the country would augment the growth of elevators revenues in the years to come. Furthermore, the rising residential and commercial projects in the country owing to focus on modern infrastructure and smart cities would further uphold the demand for passenger elevators in the years to come.
By Applications, residential segment acquired the maximum revenue share in Egypt elevator and escalator market on the back of growing residential projects and housing projects in Egypt.
It is anticipated that new installation would continue to dominate the market for service types in the years to come due to the expansion of Egypt's building sector. A number of the government's large-scale infrastructure development projects, including the $3.8 billion Mountain View iCity, Administrative Capital for Urban Development, and Dar Al Handasah, would significantly increase the market for new installations during in the forecasted period.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Egypt Elevator and Escalator Market Overview |
3.1 Egypt Elevator and Escalator Market Revenues and Volume, 2018-2028F |
3.2 Egypt Elevator and Escalator Market Industry Life Cycle |
3.3 Egypt Elevator and Escalator Market Porter’s Five Forces Model |
4. Impact Analysis of COVID-19 on Egypt Elevator and Escalator Market |
5. Egypt Elevator and Escalator Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Egypt Elevator and Escalator Market Trends |
7. Egypt Elevator and Escalator Market Overview |
7.1 Egypt Elevator and Escalator Market Revenue and Volume Share, By Types, 2021&2028F |
7.1.1 Egypt Elevator and Escalator Market Revenue and Volume Share, By Elevator, 2021&2028F |
7.1.2 Egypt Elevator and Escalator Market Revenue and Volume Share, By Escalator, 2021&2028F |
7.2 Egypt Elevator and Escalator Market Revenue and Volume, By Types, 2018-2028F |
7.2.1 Egypt Elevator and Escalator Market Revenue and Volume, By Elevator, 2018-2028F |
7.2.2 Egypt Elevator and Escalator Market Revenue and Volume, By Escalator, 2018-2028F |
7.3 Egypt Elevator and Escalator Market Revenue and Volume Share ,By Elevator Types, 2021&2028F |
7.3.1 Egypt Elevator and Escalator Market Revenue and Volume Share, By Passenger, 2021&2028F |
7.3.2 Egypt Elevator and Escalator Market Revenue and Volume Share, By Cargo, 2021&2028F |
7.3.3 Egypt Elevator and Escalator Market Revenue and Volume Share, By Home, 2021&2028F |
7.4 Egypt Elevator and Escalator Market Revenue and Volume, By Elevator Types, 2018-2028F |
7.4.1 Egypt Elevator and Escalator Market Revenue and Volume, By Passenger, 2018-2028F |
7.4.2 Egypt Elevator and Escalator Market Revenue and Volume, By Cargo, 2018-2028F |
7.4.3 Egypt Elevator and Escalator Market Revenue and Volume, By Home, 2018-2028F |
7.5 Egypt Elevator and Escalator Market Revenue and Volume Share ,By Escalator Types, 2021&2028F |
7.5.1 Egypt Elevator and Escalator Market Revenue and Volume Share, By Moving Stairway, 2021&2028F |
7.5.2 Egypt Elevator and Escalator Market Revenue and Volume Share, By Moving Walkway, 2021&2028F |
7.6 Egypt Elevator and Escalator Market Revenue and Volume, By Escalator Types, 2018-2028F |
7.6.1 Egypt Elevator and Escalator Market Revenue and Volume, By Moving Stairway, 2018-2028F |
7.6.2 Egypt Elevator and Escalator Market Revenue and Volume, By Moving Walkway, 2018-2028F |
7.7 Egypt Elevator and Escalator Market Revenue Share, By Service Types, 2021&2028F |
7.7.1 Egypt Elevator and Escalator Market Revenue, By Service Types, 2018-2028F |
7.7.1.1 Egypt Elevator and Escalator Market Revenue, By New Installation, 2018-2028F |
7.7.1.2 Egypt Elevator and Escalator Market Revenue, By Maintenance, 2018-2028F |
7.7.1.3 Egypt Elevator and Escalator Market Revenue, By Modernization, 2018-2028F |
7.8 Egypt Elevator and Escalator Market Revenue Share, By Application, 2021&2028F |
7.8.1 Egypt Elevator and Escalator Market Revenue, By Application, 2018-2028F |
7.8.1.1 Egypt Elevator and Escalator Market Revenue, By Commercial, 2018-2028F |
7.8.1.2 Egypt Elevator and Escalator Market Revenue, By Residential, 2018-2028F |
7.8.1.3 Egypt Elevator and Escalator Market Revenue, By Industrial, 2018-2028F |
8. Egypt Export Statistics, By Countries |
8.1 Egypt Elevator and Escalator Import and Export Statistics |
9. Egypt Elevator and Escalator Market Key Performance Indicators |
10. Egypt Elevator and Escalator Market Opportunity Assessment |
10.1 Egypt Elevator and Escalator Market Opportunity Assessment, By Service Types |
10.2 Egypt Elevator and Escalator Market Opportunity Assessment, By Applications |
11. Egypt Elevator and Escalator Market- Competitive Landscape |
11.1 Egypt Elevator and Escalator Market Revenue Share, By Companies |
11.2 Egypt Elevator and Escalator Market Revenue Share, By Technical Parameters |
11.3 Egypt Elevator and Escalator Market Revenue Share, By Operating Parameters |
12. Company Profile |
12.1 Otis Elevator Co |
12.2 Schindler Holding Ltd |
12.3 KONE Corporation |
12.4 Mitsubishi Electric Corporation |
12.5 Thyssenkrupp AG |
12.6 Hyundai Elevator Co. Ltd |
12.7 Kleemann Hellas S.A. |
12.8 Omega Elevators |
12.9 FUJITECH Co. Ltd. |
12.10 Hitachi Ltd |
12.11 EGGEEC (FUJI) |
13. Key Strategic Recommendations |
14. Disclaimer |
List of Figures |
1. Egypt Elevator and Escalator Market Revenues and Volume, 2018-2028F ($ Million, Units) |
2. Location of Hotel Projects in Egypt in Pipeline, 2021 – 2024F+ |
3. Retail Supply in Greater Cairo, 2015- 2022E (GLA Sq m Million) |
4. Office Supply in Greater Cairo, 2015- 2022E (GLA Sq m Million) |
5. Egyptian Foreign Reserves from March-July (2022) ($ Billion) |
6. Top 10 factors affecting the Market Risks for Construction projects in Egypt (in %) |
7. Egypt Elevator and Escalator Market Revenue Share, By Types, 2021 & 2028F |
8. Egypt Elevator and Escalator Market Volume Share, By Types, 2021 & 2028F |
9. Egypt New Installation Elevator Market Revenue Share, By Types, 2021 & 2028F |
10. Egypt New Installation Elevator Market Volume Share, By Types, 2021 & 2028F |
11. Egypt New Installation Escalator Market Revenue Share, By Types, 2021 & 2028F |
12. Egypt New Installation Escalator Market Volume Share, By Types, 2021 & 2028F |
13. Egypt Elevator and Escalator Market Revenue Share, By Service Types, 2021 & 2028F |
14. Egypt Elevator and Escalator Market Revenue Share, By Applications, 2021 & 2028F |
15. Residential Units Supply (in thousand units) |
16. Egypt Value Of Upcoming And Ongoing Projects, By Project Type, 2022 |
17. Egypt Hotel Project Pipeline, 2021-2024F |
18. Egypt Elevator and Escalator Market Opportunity Assessment, By Service Types, 2028F |
19. Egypt Elevator and Escalator Market Opportunity Assessment, By Applications, 2028F |
20. Egypt Elevator and Escalator Market Revenue Share, By Company, 2021 |
21. Status of the Ongoing Projects in Egypt as of 2021 ($ Million) |
22. Greater Cairo Office Space Supply, 2020-2025F (000 Sq. mt) |
List of Tables |
1. Egypt Elevator and Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
2. Egypt Elevator and Escalator Market Volume, By Types, 2018-2028F (Units) |
3. Egypt New Installation Elevator Market Revenues, By Types, 2018-2028F ($ Million) |
4. Egypt New Installation Elevator Market Volume, By Types, 2018-2028F (Units) |
5. Egypt New Installation Escalator Market Revenues, By Types, 2018-2028F ($ Million) |
6. Egypt New Installation Escalator Market Volume, By Types, 2018-2028F (Units) |
7. Egypt Elevator and Escalator Market Revenues, By Service Types, 2018-2028F ($ Million) |
8. Egypt Elevator and Escalator Market Revenues, By Applications, 2018-2028F ($ Million) |
9. Major Countries to Export Elevators |
10. Major Countries to Export Escalators |
11. Major Countries to Import Elevators |
12. Major Countries to Import Escalators |
13. Egypt Number of Upcoming Hotel Projects Under Different Phases of Construction, 2022-25F |
14. Upcoming Projects in Residential Sector in Egypt |
Market Forecast By Types (Elevator, Escalator, Moving Walkways), By Services (Maintenance & Repair, New Installation, Modernization), By End-User (Residential, Commercial, Public) And Competitive Landscape
Product Code: ETC005712 | Publication Date: Sep 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Egypt Elevator And Escalator Market is projected to grow over the coming years. Egypt Elevator And Escalator Market report is a part of our periodical regional publication Middle East Elevator And Escalator Market outlook report. 6W tracks elevator and escalator market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Elevator And Escalator Market outlook report annually.
Egypt Elevator and Escalator Market report comprehensively covers the market by Types, Services and End Users. The market report provides an unbiased and detailed analysis of the ongoing 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.
Egypt Elevator and Escalator Market Synopsis
Egypt Elevator and Escalator Market is expected to gain momentum during the forthcoming years owing to the rising disposable income. The rising development of infrastructure backed by increasing number of offices, commercial buildings and shopping complex drives the Egypt Elevator and Escalator Market growth. Additionally, the growing efforts of the government is order to develop the infrastructure beholds is propelling the growth of the market. Rising number of high rise building in commercial sector adds to the Egypt Elevator and Escalator Market Share.
According to 6Wresearch, the Egypt Elevator And Escalator Market size is expected to record growth during 2020-2026. Rising development in industrial and commercial sector along with upsurge in hospitality and tourism sector beholds the development of Egypt Elevator and escalator market share. Moreover, upsurge in the population especially ageing population is contributing to the Egypt Elevator and Escalator Market Revenue. The rising cost associated with installation of elevator and escalator is still a restraining factor in the growth of the market. The outburst of COVID-19 pandemic has also led to the decline in the development of the market causing disruption in supply chain.
Market Analysis by Application
On the basis of application, the residential and commercial segment is expected to be the fastest growing in the Egypt Elevator and Escalator market owing to the increase in FDI and urbanization.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Segmentation:
The report provides a detailed analysis of the following market segments: