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Saudi Arabia Elevator & Escalator Market, Competition, Forecast & Opportunities, 2021-2024 Featuring Otis, Schindler, ThyssenKrupp, Mitsubishi, KONE, Hyundai and Fujitec


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The Saudi Arabian Elevator & Escalator Market was valued USD 1049.87 Million in 2019 and is forecast to grow at CAGR of 6.86% in value terms, to reach USD 1340.09 Million by 2025.
Booming construction sector, increasing number of high-rise building projects and rapid infrastructure development are the key factors driving the Saudi Arabian Elevator & Escalator Market. Under its Vision 2030 program, Saudi Arabia is trying to diversify its economy from oil to non-oil-based and therefore, working on developing tourism & corporate hubs in the country, which in turn is expected to increase the number of buildings, thereby boosting the demand for elevator and excavator during the forecast period. As the investments for travel & tourism and smart infrastructure are increasing, elevator and excavator market is likely to grow in the coming years in Saudi Arabia. ....

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Saudi Arabia Elevator & Escalator Market Competition, Forecast & Opportunities, 2024


Saudi Arabia Elevator & Escalator Market Competition, Forecast & Opportunities, 2024
23/12/2020 - 08:14
Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Saudi Arabia Elevator & Escalator Market, By Type (Elevator, Escalator and Moving Walkways), By Service (Maintenance & Repair, New Installation and Modernization), By Elevator Technology (Traction, Hydraulic and Machine Room-Less Traction), By End-User (Residential, Commercial, Institutional, Infrastructural and Others), By Elevator Door Type (Automatic and Manual), By Region, Competition, Forecast & Opportunities, 2024” under Automotive category. The Saudi Arabia Elevator & Escalator Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports. ....

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