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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)

  • Product Code:ETC000295
  • Publication Date:February 2016
  • Publisher:6Wresearch
  • Product Type:Report
  • No. of Pages:142
  • No. of Figures:81
  • No. of Tables:18

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Saudi Arabia Elevators and Escalators Market (2016-2022)

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Saudi Arabia Elevators and Escalators Market (2016-2022)


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

Surging investments to expand public and private infrastructures, construction of metros & airports and growth of retail & hospitality sectors have fueled elevator & escalator market in Saudi Arabia. The continuous growth in the construction market and rising government expenditure on infrastructure development have impacted for their wide installation across Saudi Arabia in last few years. However, with slumping oil prices in the international market, investments from the government is expected to decline, which would affect the overall growth of the market.

According to 6Wresearch, Saudi Arabia Elevator & Escalator market revenue is projected to grow at a CAGR of 1.9% during 2016-22. In Saudi Arabia’s elevator and escalator market, elevators segment market accounted for majority of the revenue share followed by the escalators which consist of moving stairs and moving walkways.

Amongst all verticals, commercial vertical market has led the market revenue followed by the residential and industrial vertical market. Commercial market is expected to maintain its market leadership through the forecast period as well. Additionally, western and central regions of Saudi Arabia accounted for major share of the market.

The report thoroughly covers the market by types, verticals, and regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities, high growth areas, and market drivers, which would help stakeholders to device and align 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 2010-2015.
• Market Size & Forecast of Global Elevator and Escalator Market until 2022.
• Historical data of Saudi Arabia Elevator and Escalator Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Elevator and Escalator Revenue & Volume Market until 2022.
• Historical data of Saudi Arabia Elevators Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Elevators Market Revenue & Volume until 2022.
• Historical data of Saudi Arabia Escalators Market Revenue & Volume for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Escalators Market Revenue & Volume until 2022.
• Historical data of Saudi Arabia Elevator and Escalator Vertical Market Revenue for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Elevator and Escalator Vertical Market Revenue until 2022.
• Historical data of Saudi Arabia Elevator and Escalator Regional Market Revenue for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Elevator and Escalator Regional Market Revenue until 2022.
• Historical data of Saudi Arabia Elevator and Escalator Service Market Revenue for the Period 2010-2015.
• Market Size & Forecast of Saudi Arabia Elevator and Escalator Service Market Revenue until 2022.
• Market Trends.
• Players Market Share and Competitive Landscape.

Markets Covered
The report provides the detailed analysis of the following market segments:
• Segments
    o Elevators
          • Geared & Non Geared with Machine Room
          • Hydraulic
          • Machine Room Less
    o Excavators
          • Moving Stairs
          • Moving Walkways
• Verticals
    o Commercial
    o Residential
    o Industrial
• Services
    o New Installation
    o Modernization
    o Maintenance
• Regions
    o Southern Region
    o Eastern Region
    o Western Region
    o Central Region

TABLE OF CONTENTS
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 Assumption
3 Global Elevator & Escalator Market Overview
    3.1 Global Elevator & Escalator Market Revenues (2010-2022F)
    3.2 Global Elevator & Escalator Market Volume (2010-2022F)
    3.2 Global Elevator & Escalator Market Revenue Share, By Region (2015)
4 Saudi Arabia Country Analysis
    4.1 Saudi Arabia PESTEL Analysis
5 Saudi Arabia Elevator & Escalator Market Overview
    5.1 Saudi Arabia Elevator & Escalator Market Revenues (2010-2022F)
    5.2 Saudi Arabia Elevator & Escalator Market Volume (2010-2022F)
    5.3 Saudi Arabia Elevator & Escalator Market Industry Life Cycle
    5.4 Saudi Arabia Elevator & Escalator Market Opportunistic Matrix
    5.5 Saudi Arabia Elevator & Escalator Market Porter’s Five Forces Analysis
    5.6 Saudi Arabia Elevator & Escalator Market Revenue Share, By Types (2015 & 2022F)
    5.7 Saudi Arabia Elevator & Escalator Market Revenue Share, By Services (2015 & 2022F)
    5.8 Saudi Arabia Elevator & Escalator Market Revenue Share, By Verticals (2015 & 2022F)
    5.9 Saudi Arabia Elevator & Escalator Market Revenue Share, By Regions (2015 & 2022F)
6 Saudi Arabia Elevator & Escalator Market Dynamics
    5.1 Impact Analysis
    5.2 Market Drivers
          5.2.1 Bourgeoning Construction Market
          5.2.2 Growing IT Market
          5.2.3 Growing Skyscrapers
    5.3 Market Restraints
          5.3.1 High Cost
7 Saudi Arabia Elevator & Escalator Market Trends
    6.1 High Speed Elevator and Escalator
    6.2 Growing Acceptances of Smart Elevators in Saudi Arabia
    6.3 Government Spending on Infrastructure
    6.4 Green Elevators and escalators
    6.5 Increasing FDI and Surging Industry Collaborations
8 Saudi Arabia Elevator Market Overview
    8.1 Saudi Arabia Elevator Market Revenue (2010-2022F)
    8.2 Saudi Arabia Elevator Market Volume (2010-2022F)
    8.3 Saudi Arabia Elevator Market Revenue, By Types
          8.3.1 Saudi Arabia Geared and Non Geared with Machine Room Elevators Market (2010-2022F)
          8.3.2 Saudi Arabia Hydraulic Elevators Market (2010-2022F)
          8.3.3 Saudi Arabia Machine Room Less Elevators Market (2010-2022F)
    8.4 Saudi Arabia Elevator Market Revenue, By Services
    8.5 Saudi Arabia Elevator Market Revenue, By Verticals
          8.5.1 Saudi Arabia Residential Elevator Market Revenue (2010-2022F)
                   8.5.1.1 Saudi Arabia Residential Elevator Market Price Trend
          8.5.2 Saudi Arabia Industrial Elevator Market Revenue (2010-2022F)
                   8.5.2.1 Saudi Arabia Industrial Elevator Market Price Trend
          8.5.3 Saudi Arabia Commercial Elevator Market Revenue (2010-2022F)
                   8.5.3.1 Saudi Arabia Commercial Elevator Market Price Trend
                   8.5.3.2 Saudi Arabia Commercial Elevator Market Revenue, By Types
9 Saudi Arabia Escalator Market Overview
    9.1 Saudi Arabia Escalator Market Revenue (2010-2022F)
    9.2 Saudi Arabia Escalator Market Volume (2010-2022F)
    9.3 Saudi Arabia Escalator Market Revenue, By Types
          9.3.1 Saudi Arabia Moving Stairs Escalator Market (2010-2022F)
                   9.3.1.1 Saudi Arabia Moving Stairs Escalator Market Price Trend
          9.3.2 Saudi Arabia Moving Walkways Escalator Market (2010-2022F)
                   9.3.2.1 Saudi Arabia Moving Walkways Escalator Market Price Trend
    9.4 Saudi Arabia Escalator Market Revenue, By Services
    9.5 Saudi Arabia Escalator Market Revenue, By Verticals
          9.5.1 Saudi Arabia Government & Transportation Elevator Market Revenue (2010-2022F)
          9.5.2 Saudi Arabia Retail & Logistics Elevator Market Revenue (2010-2022F)
10 Saudi Arabia Elevator & Escalator Services Market Overview
    10.1 Saudi Arabia Elevator & Escalator Market Revenue, By Services
    10.2 Saudi Arabia Elevator & Escalator New Installation Market Revenue (2010-2022F)
    10.3 Saudi Arabia Elevator & Escalator Modernization Market Revenue (2010-2022F)
    10.4 Saudi Arabia Elevator & Escalator Maintenance Market Revenue (2010-2022F)
11 Saudi Arabia Elevator & Escalator Vertical Market Overview
    11.1 Saudi Arabia Elevator & Escalator Market Revenue, By Verticals
    11.2 Saudi Arabia Elevator & Escalator Residential Market Revenue (2010-2022F)
    11.3 Saudi Arabia Elevator & Escalator Commercial Market Revenue (2010-2022F)
            11.3.1 Saudi Arabia Elevator & Escalator Commercial Market Revenue, By Types
    11.4 Saudi Arabia Elevator & Escalator Industrial Market Revenue (2010-2022F)
12 Saudi Arabia Elevator & Escalator Regional Market Overview
    12.1 Saudi Arabia Elevator & Escalator Central Region Market
    12.2 Saudi Arabia Elevator & Escalator Western Region Market
    12.3 Saudi Arabia Elevator & Escalator Eastern Region Market
    12.4 Saudi Arabia Elevator & Escalator Southern Region Market
13 Competitive Landscape
    13.1 Saudi Arabia Elevator & Escalator Market, By Company
    13.2 Competitive Benchmarking, By Operating Parameters
14 Company Profiles
    14.1 Fujitec Saudi Arabia Co. Ltd
    14.2 Gulf Elevator & Escalator Co. Ltd.
    14.3 Hyundai Elevator Co. Ltd
    14.4 Kone Areeco Ltd.
    14.5 Mitsubishi Electric Saudi Ltd
    14.6 Otis Elevator Company Saudi Arabia Ltd.
    14.7 Schindler Olayan Elevator Co. Ltd.
    14.8 ThyssenKruppElevator Saudi Co. Ltd.
    14.9 Toshiba Elevator Middle East
15 Key Strategic Pointers
16 Disclaimer

List of Figures
Figure 1 Global Elevator & Escalator Market Revenues, 2010-2015 ($ Billion)
Figure 2 Global Elevator & Escalator Market Revenues, 2016E-2022F ($ Billion)
Figure 3 Global Elevator & Escalator New Installation Market Volume, 2010-2022F (Million Units)
Figure 4 Global Elevator & Escalator Market Revenue Share, By Region (2015)
Figure 5 Saudi Arabia PESTEL Analysis (2015)
Figure 6 Saudi Arabia Elevator & Escalator Market Revenues, 2010-2015 ($ Million)
Figure 7 Saudi Arabia Elevator & Escalator Market Revenues, 2016E-2022F ($ Million)
Figure 8 Average Brent Spot Crude Oil Price, Jun 2014-Aug 2015 ($ per Barrel)
Figure 9 Average Brent Spot Crude Oil Price, 2012-2021F ($ per Barrel)
Figure 10 Evolution of FDI inflow in Saudi Arabia as of GDP, 2005-2014
Figure 11 Saudi Arabia Elevator & Escalator New Installation Market Volume, 2010-2022 (Thousand Units)
Figure 12 Saudi Arabia Elevator & Escalator Market Industry Life Cycle (2015)
Figure 13 Saudi Arabia Elevator & Escalator Market Opportunistic Matrix (2015)
Figure 14 Saudi Arabia Elevator & Escalator Market Porters Five Forces (2015)
Figure 15 Saudi Arabia Elevator & Escalator Market Revenue Share, By Types (2015)
Figure 16 Saudi Arabia Elevator & Escalator Market Revenue Share, By Types (2022F)
Figure 17 Saudi Arabia Elevator & Escalator Market Revenue Share, By Services (2015)
Figure 18 Saudi Arabia Elevator & Escalator Market Revenue Share, By Services (2022F)
Figure 19 Saudi Arabia Elevator & Escalator Market Revenue Share, By Verticals (2015)
Figure 20 Saudi Arabia Elevator & Escalator Market Revenue Share, By Verticals(2022F)
Figure 21 Saudi Arabia Elevator & Escalator Market Revenue Share, By Region (2015 & 2022F)
Figure 22 Saudi Arabia Construction Industry, 2013-2022 ($ Billion)
Figure 23 Saudi Arabia Construction Market Share, By Sector (2015)
Figure 24 Saudi Arabia IT Spending, 2013-22 ($ Billion)
Figure 25 Saudi Arabia IT Spending Breakdown, By Sector (2015)
Figure 26 Saudi Arabia Government Spending on Infrastructural Development, 2010-22 ($ Billion)
Figure 27 Saudi Arabia Elevator Market Revenues, 2010-2015 ($ Million)
Figure 28 Saudi Arabia Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 29 Saudi Arabia Elevator New Installation Market Volume, 2010-2015 (‘000 Units)
Figure 30 Saudi Arabia Elevator New Installation Market Volume, 2016E-22F (‘000 Units)
Figure 31 Saudi Arabia Elevator Market Revenue Share, By Types (2015)
Figure 32 Saudi Arabia Geared and Non Geared with Machine Room Elevators Market Revenue, 2010-22F ($ Million)
Figure 33 Saudi Arabia Geared and Non Geared with Machine Room Elevators Market Volume, 2010-22F (‘000 Units)
Figure 34 Saudi Arabia Hydraulic Elevators Market Revenue, 2010-22F ($ Million)
Figure 35 Saudi Arabia Hydraulic Elevators Market Volume, 2010-22F (‘000 Units)
Figure 36 Saudi Arabia Machine Room Less Elevators Market Revenue, 2010-22F ($ Million)
Figure 37 Saudi Arabia Machine Room Less Elevators Market Volume, 2010-22F (‘000 Units)
Figure 38 Saudi Arabia Elevator Market Revenue Share, By Verticals (2015)
Figure 39 Saudi Arabia Residential Elevator Market Revenues, 2010-2015 ($ Million)
Figure 40 Saudi Arabia Residential Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 41 Saudi Arabia Residential Elevator Market Price Trend, 2010-2022F ($ Per Unit)
Figure 42 Saudi Arabia Industrial Market Revenues, 2010-2015 ($ Million)
Figure 43 Saudi Arabia Industrial Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 44 Saudi Arabia Industrial Elevator Market Price Trend, 2010-2022F ($ Per Unit)
Figure 45 Saudi Arabia Commercial Elevator Market Revenues, 2010-2015 ($ Million)
Figure 46 Saudi Arabia Commercial Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 47 Saudi Arabia Commercial Elevator Market Price Trend, 2010-2022F ($ Per Unit)
Figure 48 Saudi Arabia Escalator Market Revenues, 2010-2015 ($ Million)
Figure 49 Saudi Arabia Escalator Market Revenues, 2016E-2022F ($ Million)
Figure 50 Saudi Arabia Escalator New Installation Market Volume, 2010-2022 (Thousand Units)
Figure 51 Saudi Arabia Escalator New Installation Market Volume, 2016-22F ( Thousand Units)
Figure 52 Saudi Arabia Escalator Market Revenue Share, By Types (2015 )
Figure 53 Saudi Arabia Escalator Market Revenue Share, By Types (2022F)
Figure 54 Saudi Arabia Moving Stairs Escalator Market Revenue, 2010-22F ($ Million)
Figure 55 Saudi Arabia Moving Stairs Escalator Market Volume, 2010-22F (‘000 Units)
Figure 56 Saudi Arabia Moving Stairs Escalator Market Price Trend, 2010-2022F ($ Per Unit)
Figure 57 Saudi Arabia Moving Walkways Escalator Market Revenue, 2010-22F ($ Million)
Figure 58 Saudi Arabia Moving Walkways Escalator Market Volume, 2010-22F (‘000 Units)
Figure 59 Saudi Arabia Moving Walkways Escalator Market Price Trend, 2010-2022F ($ Per Unit)
Figure 60 Saudi Arabia Escalator Market Revenue Share, By Verticals (2015)
Figure 61 Saudi Arabia Govt. & Transportation Elevator Market Revenues, 2010-2015 ($ Million)
Figure 62 Saudi Arabia Govt. & Transportation Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 63 Saudi Arabia Retail & Logistics Elevator Market Revenues, 2010-2015 ($ Million)
Figure 64 Saudi Arabia Retail & Logistics Elevator Market Revenues, 2016E-2022F ($ Million)
Figure 65 Saudi Arabia Elevator and Escalator Market Revenue, By Services, 2015 & 2022F ($ Million)
Figure 66 Saudi Arabia Elevator and Escalator New Installation Market Revenue, 2010-2022F ($ Million)
Figure 67 Saudi Arabia Elevator and Escalator Modernization Market Revenue, 2010-2022F ($ Million)
Figure 68 Saudi Arabia Elevator and Escalator Maintenance Market Revenue, 2010-2022F ($ Million)
Figure 69 Saudi Arabia Elevator and Escalator Market Revenue, By Verticals, 2015 & 2022F ($ Million)
Figure 70 Saudi Arabia Elevator and Escalator Residential Market Revenue, 2010-2022F ($ Million)
Figure 71 Saudi Arabia Elevator and Escalator Commercial Market Revenue, 2010-2022F ($ Million)
Figure 72 Saudi Arabia Elevator and Escalator Industrial Market Revenue, 2010-2022F ($ Million)
Figure 73 Saudi Arabia Elevator & Escalator Central Region Market Revenue, 2010-2015 ($ Million)
Figure 74 Saudi Arabia Elevator & Escalator Central Region Market Revenue, 2016E-2022F ($ Million)
Figure 75 Saudi Arabia Elevator & Escalator Western Region Market Revenue, 2010-2015 ($ Million)
Figure 76 Saudi Arabia Elevator & Escalator Western Region Market Revenue, 2016E-2022F ($ Million)
Figure 77 Saudi Arabia Elevator & Escalator Eastern Region Market Revenue, 2010-2015 ($ Million)
Figure 78 Saudi Arabia Elevator & Escalator Eastern Region Market Revenue, 2016E-2022F ($ Million)
Figure 79 Saudi Arabia Elevator & Escalator Southern Region Market Revenue, 2010-2015 ($ Million)
Figure 80 Saudi Arabia Elevator & Escalator Southern Region Market Revenue, 2016E-2022F ($ Million)
Figure 81 Saudi Arabia Elevator & Escalator New Installation Market Revenues Share, By Companies (2015)

List of Tables
Table 1 Saudi Arabia Economic Indicators (2012-2016E)
Table 2 Major Skyscrapers under Construction in Saudi Arabia
Table 3 High Speed Elevators & Escalators
Table 4 Flow of FDI in Saudi Arabia (2011-2013)
Table 5 Saudi Arabia Elevator Market Revenue, By Services, 2010-15 ($ Million)
Table 6 Saudi Arabia Elevator Market Revenue, By Services, 2016E-22F ($ Million)
Table 7 Saudi Arabia Commercial Elevator Market Revenue, By Types, 2010-2015 ($ Million)
Table 8 Saudi Arabia Commercial Elevator Market Revenue, By Types, 2016E-2022F ($ Million)
Table 9 List Of Hospitals Under Construction in Saudi Arabia (2015)
Table 10 Standard Moving Stairs Escalator Steps Width with Application
Table 11 Saudi Arabia Escalator Market Revenue, By Services, 2010-15 ($ Million)
Table 12 Saudi Arabia Escalator Market Revenue, By Services, 2016E-22F ($ Million)
Table 13 List Of Airports Expansion Projects In Saudi Arabia (2015)
Table 14 List Of Major Residential Sector Construction Projects In Saudi Arabia (2015)
Table 15 Saudi Arabia Commercial Elevator & Escalator Market Revenue, By Types, 2010-2015 ($ Million)
Table 16 Saudi Arabia Commercial Elevator & Escalator Market Revenue, By Types, 2016E-2022F ($ Million)
Table 17 List Of Major Commercial Sector Construction Projects In Saudi Arabia (2015)
Table 18 List Of Major Transportation Sector Construction Projects In Saudi Arabia (2015)

Government initiatives, increasing construction market, increasing urbanization rate and increasing skyscrapers in the country are the key factors that are spurring the market for elevator & escalator in Saudi Arabia.

In the country, the market is primarily driven by Elevators followed by the Escalators. However, during the forecast period the Elevators are expected to lose a marginal market share to the Escalators in the Saudi Arabia Elevators and Escalators due to the growing installation of the escalators in the transportation and retail verticals.

Saudi Arabia Elevator & Escalator Market (2016–2022) image
     Source: 6Wresearch

In the country commercial vertical market (government & transportation and retail & logistics vertical market) accounted for the largest market share. Amongst all the services market, new installation market has generated largest revenue share of the market pie in the country followed by the maintenance and modernization.

“Saudi Arabia Elevator & Escalator Market (2016–2022)”report estimates and forecast overall Saudi Arabia Elevator & Escalator market by revenue, by volume, by types, by services such as new installation, maintenance and modernization, by verticals, and by region such as southern region, western region, eastern region and central region. The report also gives the insights on market trends, company profiles, market drivers and restraints.

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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