Market Forecast By Types (Elevator(Passenger, Cargo & Home), Escalator (Moving Stairs & Moving Walkways), By Applications (Residential, Commercial & Industrial), By Services (New Installation, Modernization, and Maintenance) and Competitive Landscape.
Product Code: ETC001540 | Publication Date: Jan 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Tanzania Elevator And Escalator Market is anticipated to witness strong growth as the country is set to benefit from rapid expansion of the relatively young real estate sector. The overall economy of the country is expected to recover during the forecast period which would further make the economic outlook positive for Tanzania over the coming years. Further, healthy growth is anticipated during the forecast period on account of projected growth in the construction market especially of high-rise buildings along with upcoming new hotels & shopping malls as well as increasing inflow of FDI across the construction and retail sectors.
According to 6Wresearch, Tanzania Elevator And Escalator Market size is projected to grow at a CAGR of 6.3% during 2019-25. The elevator segment captured majority of the market share in the overall elevator & escalator market in Tanzania, wherein majority of the installations were witnessed in the retail and transportation sector. Amongst all the elevators segments, passenger elevators acquired the highest revenue share of the overall market.
The commercial application market is the leading revenue generating segment in the Tanzania elevator and escalator market owing to increase in installation of elevators and escalators in the retail and transportation market, especially due to moving of government operations from Dar es Salaam to Dodoma. Further, as Tanzania remains a developing economy which is yet to enter a phase of rapid expansion, the country has emerged as one of the key investing hub in the Eastern African region. Additionally, government initiatives relating to development the tourism, housing and oil and gas infrastructure are likely to supplement the growth of elevator and escalators
In Tanzania, new installations held majority of the Tanzania elevator and escalator market share, in terms of revenues owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, the commercial application is expected to register higher growth in the market owing to rapid expansion of construction sector, increasing FDI and government focus to boost the commercial activities and drive the economy out of recessionary phase. Further, the new installation segment is the key revenue generator in the overall Tanzania elevator and escalator market as urbanization and infrastructure development continue to play an important role in the region.
The Tanzania eevator and escalator market report thoroughly covers the market by elevator types, escalator types, services types and applications. The Tanzania elevator and escalator market outlook report provides an unbiased and detailed analysis of the on-going Tanzania elevator and escalator market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
Tanzania Elevator and Escalator Market Report Covered:
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Tanzania Elevator and Escalator Market Overview |
3.1 Tanzania Country Indicators |
3.2 Tanzania Elevator & Escalator Market Revenues, 2015-2025F |
3.3 Tanzania Elevator & Escalator Market - Industry Life Cycle |
3.4 Tanzania Elevator & Escalator Market - Porter’s Five Forces |
3.5 Tanzania Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
3.6 Tanzania Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
3.7 Tanzania Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
4 Tanzania Elevator & Escalator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Tanzania Elevator & Escalator Market Trends |
6 Tanzania Elevator Market Overview |
6.1 Tanzania New Installation Elevator Market Revenues & Volume, 2015-2025F |
6.1.1 Tanzania New Installation Elevator Market Revenue & Volume Share, By Elevator Types, 2018 & 2025F |
6.1.1.1 Tanzania New Installation Elevator Market Revenues & Volume, By Elevator Types, 2015-2025F |
6.2 Tanzania Elevator Services Market Revenues, 2015-2025F |
6.2.1 Tanzania Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
6.2.1.1 Tanzania Elevator Services Market Revenues, By Service Types, 2015-2025F |
6.3 Tanzania Elevator Market Overview, By Applications, 2015-2025F |
6.3.1 Tanzania Elevator Market Revenue Share, By Applications, 2018 & 2025F |
6.3.1.1 Tanzania Elevator Market Revenues, By Applications, 2015-2025F |
7 Tanzania Escalator Market Overview |
7.1 Tanzania New Installation Escalator Market Revenues & Volume, 2015-2025F |
7.1.1 Tanzania New Installation Escalator Market Revenue & Volume Share, By Escalator Types, 2018 & 2025F |
7.1.1.1 Tanzania New Installation Escalator Market Revenues & Volume, By Escalator Types, 2015-2025F |
7.2 Tanzania Escalator Services Market Revenues, 2015-2025F |
7.2.1 Tanzania Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
7.2.1.1 Tanzania Escalator Services Market Revenues, By Service Types, 2015-2025F |
7.3 Tanzania Escalator Market Overview, By Applications, 2015-2025F |
7.3.1 Tanzania Escalator Market Revenue Share, By Applications, 2018 & 2025F |
7.3.1.1 Tanzania Escalator Market Revenues, By Applications, 2015-2025F |
8 Tanzania Elevator & Escalator Market Overview, By Applications |
8.1 Tanzania Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F |
8.2 Tanzania Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F |
8.3 Tanzania Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F |
9 Tanzania Elevator & Escalator Market Key Performance Indicators |
10 Tanzania Elevator & Escalator Market Opportunity Assessment |
10.1 Tanzania Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
10.2 Tanzania Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
11 Tanzania Elevator & Escalator Market Competitive Landscape |
11.1 Tanzania Elevator & Escalator Market Competitive Benchmarking, By Product Types |
11.2 Tanzania Elevator & Escalator Market Revenue Share, By Company, 2018 |
12 Company Profiles |
13 Key Strategic Recommendations |
14 Disclaimer |
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Figure 1. Tanzania Elevator & Escalator Market Revenues, 2015-2025F ($ Million) |
Figure 2. Tanzania Elevator & Escalator Market - Industry Life Cycle |
Figure 3. Tanzania Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F |
Figure 4. Tanzania Elevator & Escalator Market Revenue Share, By Product Types, 2018 & 2025F |
Figure 5. Tanzania Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 6. Tanzania New Installation Elevator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
Figure 7. Tanzania New Installation Elevator Market Revenue Share, By Elevator Types, 2018 & 2025F |
Figure 8. Tanzania New Installation Elevator Market Volume Share, By Elevator Types, 2018 & 2025F |
Figure 9. Tanzania Elevator Services Market Revenues, 2015-2025F ($ Million) |
Figure 10. Tanzania Elevator Services Market Revenue Share, By Service Types, 2018 & 2025F |
Figure 11. Tanzania Elevator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 12. Tanzania New Installation Escalator Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
Figure 13. Tanzania New Installation Escalator Market Revenue Share, By Escalator Types, 2018 & 2025F |
Figure 14. Tanzania New Installation Escalator Market Volume Share, By Escalator Types, 2018 & 2025F |
Figure 15. Tanzania Escalator Services Market Revenues, 2015-2025F ($ Million) |
Figure 16. Tanzania Escalator Services Market Revenue Share, By Service Types, 2018 & 2025F |
Figure 17. Tanzania Escalator Market Revenue Share, By Applications, 2018 & 2025F |
Figure 18. Tanzania Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F ($ Million) |
Figure 19. Tanzania Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F ($ Million) |
Figure 20. Tanzania Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F ($ Million) |
Figure 21. Tanzania Elevator & Escalator Market Opportunity Assessment, By Types, 2025F |
Figure 22. Tanzania Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F |
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Table 1. Tanzania New Installation Elevator Market Revenues, By Elevator Types ($ Million) |
Table 2. Tanzania New Installation Elevator Market Volume, By Elevator Types (Thousand Units) |
Table 3. Tanzania Elevator Services Market Revenues, By Service Types ($ Million) |
Table 4. Tanzania Elevator Market Revenues, By Applications, 2015-2025F, ($ Million) |
Table 5. Tanzania New Installation Escalator Market Revenues, By Escalator Types ($ Million) |
Table 6. Tanzania New Installation Escalator Market Volume, By Escalator Types (Thousand Units) |
Table 7. Tanzania Escalator Services Market Revenues, By Service Types ($ Million) |
Table 8. Tanzania Escalator Market Revenues, By Applications, 2015-2025F, ($ Million) |