DUBLIN, Mar. 06, 2015 /PRNewswire/ –Research and Markets
( http://www.researchandmarkets.com/research/8nj5d5/saudi_arabia) has announced the addition of the “Saudi Arabia Elevators and Escalators Market (2015-2021): Market Forecast by Elevators & Escalator Types, Services, Applications and Regions” report to their offering.
Saudi Arabia is poised to drive Middle-East Elevators and Escalators Market. With growth in construction market owing to various up-coming public & private infrastructure projects, the market for elevators and escalators is expected to witness significant growth over the next six years.According to this research, Saudi Arabia’s Elevators and Escalators market is projected to grow at a CAGR of 7.7% during 2015-21. In 2014, elevators accounted for majority of the market share in overall market followed by escalators. However, over the next six years, escalators market expected to grow at relatively higher growth rate. In 2014, commercial segment captured major share of pie in Saudi Arabia’s elevators & escalators market.Also, surging demand and increasing competition is resulting into decline in prices of elevators and escalators in Saudi Arabian market. Moreover, growing domestic manufacturing and joint ventures of international players with domestic players have additionally slashed the prices of elevators and escalators in the country.Saudi Arabia Elevators and Escalators Market (2015-2021) provides in-depth analysis with 105 figures and 21 tables covered in 150+ pages. The report estimates and forecast overall Saudi Arabia elevators and escalators market by revenue, by elevators types such as Geared and Gear Less with Machine Room Elevators, Hydraulic elevators, and Machine Room Less elevators, by escalators types such as Moving Stairs escalators and Moving Walkways escalators, by services such as new installation, modernization and maintenance, by application such as residential, commercial and industrial and elevators and escalators market by regions such as Southern region, Eastern region, Western region and Central region. The report also gives the insights on competitive landscape, market share by companies, price trends, company profiles, market drivers and restraints.Markets CoveredThe report provides the detailed analysis of following market segments:Elevators System Types:- Geared and Gear Less with Machine Room- Hydraulic Elevators- Machine Room Less ElevatorsEscalators System Types:- Moving Stairs Escalators- Moving Walkways EscalatorsApplications- Residential- Industrial- Commercial- – Retail- – Hospital- – Hotel- – Commercial Offices/ Business Parks- – Banks and Financial InstitutionsServices:- New Installation- Modernization- MaintenanceRegions:- Southern Region- Eastern Region- Western Region- Central RegionKey Topics Covered:1 Executive Summary2 Introduction3 Global Elevator and Escalator Market Overview4 Saudi Arabia Elevator and Escalator Market Overview5 Saudi Arabia Elevator and Escalator Market Dynamics6 Saudi Arabia Elevator and Escalator Market Trends7 Saudi Arabia Elevator Market Overview8 Saudi Arabia Escalator Market Overview9 Saudi Arabia Elevators and Escalators Market, By Services10 Saudi Arabia Elevators and Escalators Market, By Application11 Saudi Arabia Elevators and Escalators Market, By Region12 Competitive Landscape 13 Company Profiles14 Key Strategic PointersCompanies Mentioned- Fujitec Saudi Arabia Co. Ltd- Gulf Elevator and Escalator Co Ltd.- Hyundai Elevator Co. Ltd.- Kleemann Group- Kone Areeco Ltd- Mitsubishi Electric Saudi Ltd- Otis Elevator Company Saudi Arabia Ltd- Schindler Olayan Elevator Co. Ltd- ThyssenKrupp Elevator Saudi Co. Ltd.- Toshiba Elevator Middle EastFor more information visit http://www.researchandmarkets.com/research/8nj5d5/saudi_arabia
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SOURCE Research and Markets
