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UAE Elevator & Escalator Market (2018-2024)
Market Forecast By Segments (Elevators (Machine Room and Machine Room Less) and Escalators (Moving Stairs and Moving Walkways)), By Services (New Installation, Modernization and Maintenance), By Verticals (Residential, Commercial and Industrial), By Regions (Northern and Southern) and Competitive Landscape

  • Product Code:ETC000449
  • Publication Date:March 2018
  • Publisher:6Wresearch
  • Product Type:Report
  • No. of Pages:115
  • No. of Figures:62
  • No. of Tables:9

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UAE Elevator & Escalator Market (2018-2024)

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UAE Elevator & Escalator Market (2018-2024)

UAE Elevator & Escalator Market (2018-2024)


  • Report Description
  • Table of Content
  • Summary
  • Related Topics

Continuous construction of high-rise buildings as well as growing government spending on infrastructure development spurred wide installation of elevators and escalators in UAE. In UAE, elevator segment captured major share in the overall elevators & escalators market, wherein majority of the market installations were witnessed in the residential, retail, transportation and hospitality sectors. However, escalator segment is projected to grow at a higher CAGR during 2018-24, primarily due to growing installations across airports, metros, and railway development projects in UAE.

According to 6Wresearch, UAE Elevator & Escalator Market is expected to grow at a CAGR of 4.7% during 2018-24. In 2015, the market registered slow growth due to slump in oil prices, which hampered the infrastructural development projects in the country. The market is anticipated to record growth on the back of improving economic conditions in UAE. Growing urbanization rate, and rise in installation of elevators in the residential sector in UAE is forecast to boost the growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.

In UAE, the Northern region held major market for elevator and escalator in terms of volume owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, Eastern and Western regions are expected to register higher growth in the market.

The report thoroughly covers the market by elevators and escalators types, sub-segments, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going 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:
• Historical data of Global Elevator and Escalator Market for the Period 2014-2017
• Market Size & Forecast of Global Elevator and Escalator Market until 2024
• Historical data of UAE Elevator and Escalator Market Revenue & Volume for the Period 2014-2017
• Market Size & Forecast of UAE Elevator and Escalator Revenue & Volume Market until 2024
• Historical data of UAE Elevators Market Revenue & Volume for the Period 2014-2017
• Market Size & Forecast of UAE Elevators Market Revenue & Volume until 2024
• Historical data of UAE Escalators Market Revenue & Volume for the Period 2014-2017
• Market Size & Forecast of UAE Escalators Market Revenue & Volume until 2024
• Historical data of UAE Elevator and Escalator Vertical Market Revenue for the Period 2014-2017
• Market Size & Forecast of UAE Elevator and Escalator Vertical Market Revenue until 2024
• Historical data of UAE Elevator and Escalator Regional Market Revenue for the Period 2014-2017
• Market Size & Forecast of UAE Elevator and Escalator Regional Market Revenue until 2024
• Historical data of UAE Elevator and Escalator Service Market Revenue for the Period 2014-2017
• Market Size & Forecast of UAE Elevator and Escalator Service Market Revenue until 2024
• Market Trends
• Players Market Share and Competitive Landscape

Markets Covered
The report provides detailed analysis of the following market segments:
• By Segments:
    o Elevators:
          • Machine Room
          • Machine Room Less
    o Escalators:
          • Moving Stairs
          • Moving Walkways
• By Services:
    o New installation
    o Modernization
    o Maintenance
• By Verticals:
    o Residential
    o Commercial
    o Industrial
• By Regions:
    o Northern Region
    o Southern Region

1 Executive Summary
2 Introduction
    2.1 Key Highlights of the Report
    2.2 Report Description
    2.3 Market Scope & Segmentation
    2.4 Research Methodology
    2.5 Assumptions
3 Global Elevator & Escalator Market Overview
    3.1 Global Elevator & Escalator Market Revenues and Volume (2014-2023F)
    3.2 Global Elevator & Escalator Market Revenue Share, By Region (2017)
4 UAE Taxation Analysis
5 UAE Elevator & Escalator Market Overview
    5.1 Overview and Analysis
    5.2 UAE Elevator & Escalator Market Revenues and Volume (2014-2024F)
    5.3 UAE Elevator & Escalator Industry Life Cycle
    5.4 UAE Elevator & Escalator Market Porter's Five Forces Model
    5.5 UAE Elevator & Escalator Market Revenue Share, By Type (2016 & 2024F)
    5.6 UAE Elevator & Escalator Market Revenue Share, By Services (2016 & 2024F)
    5.7 UAE Elevator & Escalator Market Revenue Share, By Vertical (2016 & 2024F)
    5.8 UAE Elevator & Escalator Market Revenue Share, By Region (2016 & 2024F)
6 UAE Elevator & Escalator Market Dynamics
    6.1 Impact Analysis
    6.2 Market Drivers
    6.3 Market Restraints
7 UAE Elevator & Escalator Market Trends
8 UAE Elevator Market Overview
    8.1 Overview & Analysis
    8.2 UAE Elevator Market Revenues and Volume (2014-2024F)
    8.3 UAE Elevator Market Revenues, By Types
    8.4 UAE Elevator Market Revenues, By Speed
    8.5 UAE Elevator Market Revenues, By Stops
    8.6 UAE Elevator Market Revenues, By Services
    8.7 UAE Elevator Market Revenue, By Verticals
          8.7.1 UAE Commercial Elevator Market Revenues (2014-2024F)
          8.7.2 UAE Industrial Elevator Market Revenues (2014-2024F)
          8.7.3 UAE Residential Elevator Market Revenues (2014-2024F)
9 UAE Escalator Market Overview
    9.1 Overview & Analysis
    9.2 UAE Escalator Market Revenues and Volume (2014-2024F)
    9.3 UAE Escalator Market Revenue Share, By Types
          9.3.1 UAE Moving Stairs Escalator Market Revenues & Volume (2014-2024F)
          9.3.2 UAE Moving Walkways Escalator Market Revenues & Volume (2014-2024F)
    9.4 UAE Escalator Market Revenue, By Services
    9.5 UAE Escalator Market Revenue, By Verticals
10 UAE Elevator & Escalator Services Market Overview
    10.1 UAE Elevator & Escalator New Installation Market Revenues, (2014-2024F)
    10.2 UAE Elevator & Escalator Modernization Market Revenues, (2014-2024F)
    10.3 UAE Elevator & Escalator Maintenance Market Revenues, (2014-2024F)
11 UAE Elevator & Escalator Vertical Market Overview
    11.1 UAE Elevator & Escalator Residential Market Revenues, By Vertical (2014-2024F)
    11.2 UAE Elevator & Escalator Industrial Market Revenues, By Vertical (2014-2024F)
    11.3 UAE Elevator & Escalator Commercial Market Revenues, By Vertical (2014-2024F)
    11.4 UAE Elevator & Escalator Market Opportunity Matrix, By Verticals (2024)
12 UAE Elevator & Escalator Market KPI
13 UAE Elevator & Escalator Market Current and Upcoming Skyscrapper Projects
14 UAE Elevator & Escalator Regional Market Overview
15 Competitive Landscape
    15.1 UAE Elevator & Escalator Market Share, By Company
16 Company Profiles
    16.1 ETA Melco
    16.2 Hyundai Elevator Co. Ltd
    16.3 Kone Middle East LLC
    16.4 OTIS LLC
    16.5 Schindler Pars International
    16.6 ThyssenKrupp Elevator UAE LLC
17 Key Strategic Pointers
18 Disclaimer

List of Figures
1. Global Elevator and Escalator Market Revenues, 2014-2024F ($ Billion)
2. Global Elevator and Escalator Market Volume, 2014-2024F (Million Units)
3. Global Elevator and Escalator Market Revenue Share, By Regions (2017)
4. UAE Annual GDP Growth (%), 2014-2022F
5. UAE Urban Population (% of Total Population), 2010-2017
6. UAE Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
7. UAE Elevator and Escalator Market Volume, 2014-2024F (Units)
8. UAE Elevator and Escalator Market Revenue Share, By Type (2017 & 2024F )
9. UAE Elevator and Escalator Market Revenue Share, By Services (2017 & 2024F )
10. UAE Elevator and Escalator Market Revenue Share, By Verticals (2017 & 2024F )
11. UAE Elevator and Escalator Market Revenue Share, By Region (2017 & 2024F )
12. UAE Construction Market Value, 2011-2019F ($ Billion)
13. UAE Construction Market Breakdown, By Status (2018)
14. Dubai International Tourist Visitors, By Countries, 2016 & 2017 (Million Visitors)
15. UAE Elevator Market Revenues, 2014-2024F ($ Million)
16. UAE Elevator Market Volume, 2014-2024F (Units)
17. UAE Machine Room Elevators Market Revenues, 2014-2024F ($ Million)
18. UAE Machine Room Less Elevators Market Revenues, 2014-2024F ($ Million)
19. UAE 1 MPS to 2.5 MPS Speed Elevators Market Revenues, 2014-2024F ($ Million)
20. UAE 3 MPS & 3.5 MPS Speed Elevators Market Revenues, 2014-2024F ($ Million)
21. UAE 4 MPS & Above Speed Elevators Market Revenues, 2014-2024F ($ Million)
22. UAE Less than 8 Stops Elevators Market Revenues, 2014-2024F ($ Million)
23. UAE 8 to 20 Stops Elevators Market Revenues, 2014-2024F ($ Million)
24. UAE Above 21 Stops Elevators Market Revenues, 2014-2024F ($ Million)
25. UAE Commercial Elevator Market Revenues, 2014-2017 ($ Million)
26. UAE Commercial Elevator Market Revenues, 2018E-2024F ($ Million)
27. UAE Residential Elevator Market Revenues, 2014-2017 ($ Million)
28. UAE Residential Elevator Market Revenues, 2018E-2024F ($ Million)
29. UAE Industrial Elevator Market Revenues, 2014-2017 ($ Million)
30. UAE Industrial Elevator Market Revenues, 2018E-2024F ($ Million)
31. UAE Retail Market Revenue, 2015-2021F ($ Billion)
32. UAE Escalator Market Revenues, 2014-2024F ($ Million)
33. UAE Escalator Market Volume, 2014-2024F (Units)
34. UAE Moving Stair Escalator Market Revenues, 2014-2024F ($ Million)
35. UAE Moving Stair Escalator Market Volume, 2014-2024F (Units)
36. UAE Moving Walkways Escalator Market Revenues, 2014-2024F ($ Million)
37. UAE Moving Walkways Escalator Market Volume, 2014-2024F (Units)
38. UAE Government and Transportation Vertical Escalator Market Revenues, 2014-2024F ($ Million)
39. UAE Retail Vertical Escalator Market Revenues, 2014-2024F ($ Million)
40. UAE Elevator and Escalator New Installation Market Revenues, 2014-2024F ($ Million)
41. UAE Elevator and Escalator New Installation Market Revenue Share, By Types (2017 & 2024F)
42. UAE Elevator and Escalator Modernization Market Revenues, 2014-2024F ($ Million)
43. UAE Elevator and Escalator Modernization Market Revenue Share, By Types (2017 & 2024F)
44. UAE Elevator and Escalator Maintenance Market Revenues, 2014-2024F ($ Million)
45. UAE Elevator and Escalator Maintenance Market Revenue Share, By Types (2017 & 2024F)
46. UAE Elevator and Escalator Residential Vertical Market Revenues, 2014-2024F ($ Million)
47. UAE Elevator and Escalator Industrial Vertical Market Revenues, 2014-2024F ($ Million)
48. UAE Elevator and Escalator Commercial Vertical Market Revenues, 2014-2024F ($ Million)
49. UAE Commercial Elevators and Escalators Market Revenue Share, By Type (2017)
50. UAE Healthcare & Hospitality Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
51. UAE Commercial Offices Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
52. UAE BFSI Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
53. UAE Government & Transportation Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
54. UAE Educational Institutions Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
55. UAE Retail Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
56. UAE Elevator and Escalator Commercial Vertical Market Revenues, 2014-2024F ($ Million)
57. UAE Number of Retail units in Key Cities, 2013-2018E (Million sq. m)
58. UAE Number of Commercial Office in Key Cities, 2013-2018E (Million sq. m)
59. UAE Number of Residential Units in Key Cities, 2013-2018E (Thousand Units)
60. UAE Northern Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
61. UAE Southern Region Elevator and Escalator Market Revenues, 2014-2024F ($ Million)
62. UAE Elevator and Escalator Market Revenue Share, By Companies (2017)

List of Tables
1. Major Skyscrapers Under Constructed in UAE (2017)
2. UAE Elevator Market Revenues, By Services, 2014-2024F ($ Million)
3. UAE Commercial Elevator Market Revenues, By Types, 2014-2024F ($ Million)
4. Upcoming Retail Projects in UAE (2018)
5. UAE Escalator Market Revenues, By Services, 2014-2024F ($ Million)
6. UAE Upcoming Residential Skyscraper Projects (2017)
7. No. of Bank branches and ATMs in UAE (2014-2017)
8. List of Residential High-rise Building Construction Projects in UAE
9. List of Commercial High-rise Building Construction Projects in UAE

UAE Elevator & Escalator Market (2018-2024) report graph
   Source: 6Wresearch

South and Southeast Asia Elevator & Escalator Market (2017-2023): Market Forecast By Segments (Elevators (Passenger Elevator, Cargo Elevator and Home Elevator), Escalator (Moving Stairs and Moving Walkways)), By Services (New Installation and Maintenance), By Countries (Thailand, Indonesia, Malaysia, Singapore, India, Bangladesh, Vietnam, Philippines, Myanmar, Cambodia and Sri Lanka) and Competitive Landscape

Latin America Elevator and Escalator Market (2017-2023): Market Forecast By Segments (Elevators (Low-Rise, Mid-Rise & High-Rise) and Escalator (Moving Stairs & Moving Walkways)), Services (New installation, Maintenance & Modernization) and Countries Covered (Brazil, Mexico, Argentina & Other Countries) and Competitive Landscape

Australia & New Zealand Elevator & Escalator Market (2017-2023): Market Forecast by Segments (Elevator (Passenger, Home and Cargo Elevator) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation, Maintenance and Modernization), Verticals (Residential, Commercial and Industrial), Countries Covered (Australia and New Zealand) and Competitive Landscape

India Elevator & Escalator Market (2017-2023): Market Forecast by Types (Elevator (Geared and Gearless and Machine Room Less) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation and Maintenance), Applications (Residential, Industrial and Commercial (Healthcare & Hospitality, Commercial Offices, Retail & Logistics, Banking & Financial Institutions, Government & Transportation and Education), Regions (West, East, North and South) and Competitive Landscape

South-East Asia Elevator & Escalator Market (2016-2022): Market Forecast by Segments (Elevator (Passenger, Home and Cargo) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation, Maintenance and Modernization), Verticals (Residential, Commercial and Industrial), Countries (Malaysia, Indonesia, Vietnam, Thailand, Philippines and Others) and Competitive Landscape

UAE Elevator and Escalator Market (2016-2022): Market Forecast by Elevator Types (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Type (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (Northern UAE and Southern UAE)

Saudi Arabia Elevators and Escalators Market (2016-2022): Market Forecast by Elevators (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Types (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Verticals (Residential, Commercial and Industrial) and Regions (Southern, Eastern, Western and Central)

Kuwait Elevator and Escalator Market (2015-2021): Market Forecast by Elevator Types (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Type (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (Kuwait City and Rest of Kuwait)

Qatar Elevator and Escalator Market (2015-2021): Market Forecast by Elevator Types (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Type (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (North Qatar and South Qatar)

UAE Elevator and Escalator Market (2015-2021): Market Forecast by Elevator Types (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Type (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (Northern UAE and Southern UAE)

Saudi Arabia Elevators and Escalators Market (2015-2021): Market Forecast by Elevators (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Types (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (Southern, Eastern, Western and Central)

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