6wresearch logo

South-East Asia Elevator & Escalator Market (2016-2022) Report-6Wresearch

October 06, 2016

Projected growth in construction market, upcoming new hotels & shopping malls coupled with growing government spending on infrastructural development projects and increasing inflow of FDI in the construction and retail sector are some of the key factors that have resulted in the overall growth of the elevator & escalator market in South East Asia.

According to 6Wresearch, South East Asia elevator & escalator market is expected to grow at a CAGR of 3% during 2016-22. In South East Asia's elevator & escalator market, the elevator segment accounted for majority of the market revenue owing to high installation of elevators in retail and residential verticals. However, escalator segment is projected to grow at a higher CAGR during 2016-2022, primarily due to growing airports, metros and railway development projects in South East Asia region. Amongst all verticals, commercial vertical acquired highest revenue share of the market pie in the region. Over the next six years, residential vertical is forecast to grow at relatively higher CAGR during 2016 to 2022.

In South East region, Malaysia held major market for elevator & escalator in terms of revenue, owing to increasing infrastructure development activities, especially in commercial and residential verticals. However, over the next six years, Vietnam elevator and escalator market is expected to witness higher growth in the South East Asia region.

The report thoroughly covers the market by elevator & escalator types, by verticals, by services and by regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to current and future market dynamics.

Media Source: Open PR

      Browse More Report

India Cable Tray Market (2018-2024)

Market Forecast By Material (Aluminium, Steel, Stainless Steel and FRP including Fiber Reinforced Palastic), By Types (Ladder, Solid Bottom, Trough & Perforated, Channel, Wire Mesh and Single Rail), By Thickness (Below 1.5 mm, 1.5 - 2.5 mm and Above 2.5 mm)...

Read More

Saudi Arabia Thermostats, Valves & Actuators and Damper Actuators Market (2014-2024)

Market Forecast By Thermostats (By Types (Standalone and Communicating), By Technology (Wired and Wireless)), By Valves & Actuators (Multi-Turn (Ball Valves, Butterfly Valves, Plug Valves, Spherical Valves and Others), Quarter-Turn (Gate Valves, Globe Valves...

Read More

Sudan & South Sudan Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Iraq Air Conditioner Market (2018-2024)

Market Forecast By Product Type ( Room AC ( Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Ethiopia Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Indonesia 1,000 kVA - 2,500 kVA High Speed Gas Genset Market (2018-2024)

Market Forecast By Types (Standby Power and Continuous/Prime Power), By KVA Rating (1,000 kVA to 1,500 kVA and 1,500.1 kVA to 2,500 kVA), By Applications (Industrial, Commercial, Agriculture and Oil & Gas), By Regions (Java-Bali, Sumatra, Kalimantan, Sulawesi...

Read More

Global Water Mist Fire Protection Systems Market (2018-2024)

Market Forecast By Pressure (Low Pressure (< 12.1 bar), Intermediate Pressure (12.1 - 35 bar) and High Pressure (> 35 bar), By Types (Wet Pipe, Dry Pipe, Deluge and Pre-Action), By Applications (Residential, Commercial, Transportation Infrastructure, Data Center...

Read More

Indonesia High Speed Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5 kVA-500 kVA, 501 kVA-1000 kVA and 1001 kVA-3000 kVA), By Types (Standby and Continuous/Prime), By Applications (Commercial, Residential, Industrial, Critical Applications, Infrastructure, Agriculture, Power Utilities and Others), By Regions...

Read More

India Video Surveillance Storage Market (2018-2024)

Market Forecast By Technology (Network Attached Storage (NAS), Storage Area Network (SAN) and Direct Attached Storage (DAS), By Deployment (On Premise and Cloud based (Private, Public and Hybrid)), By Verticals (Banking & Financial, Government & Transportation...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events