Qatar Elevator and Escalator Market (2015-2021): Market Forecast by Elevator Types & Escalator Type, Services , Applications and Regions
LONDON, May 11, 2015 /PRNewswire/ -- Qatar is emerging as key growing Elevator and Escalator market in GCC region. The growth of the market is primarily anticipated to upcoming FIFA World Cup 2022. For this event, more than $300 billion are expected to be invested in the country to build the infrastructure. Mega construction activities in the areas of hospitality, retail, healthcare, transportation, and leisure & entertainment would create opportunities for elevator and escalator market players in the country.
According to 6Wresearch, Qatar elevator and escalator market is projected to grow at a CAGR of 5.6% during 2015-21. Major boom in construction activities can be witnessed in the country post 2015, which would spur the demand for various products such as elevators and escalators in the country. Further, building of skyscrapers would fuel the market for high speed elevators in Qatar.
Amongst all segments, maintenance segment dominates overall market and is expected to maintain its market positioning through the forecast period. However, new installation segment would emerge as key contributing segment in Qatar's elevator and escalator market.
Government is spending huge amount on developing infrastructures such as Lusail city, Hamad Medical Complex, and expansion of Doha Metro, which would drive the demand for Elevator and Escalator in Qatar. In the coming years, adoption of smart and green elevators is expected to increase to offer better energy, security and cost efficiency.
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Key Highlights of the Report
· Historical data of Global Elevator and Escalator Market for the Period 2010-2014.
· Market Size & Forecast of Global Elevator and Escalator Market until 2021.
· Historical data of Qatar Elevator and Escalator Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Elevator and Escalator Revenue & Volume Market until 2021.
· Historical data of Qatar Elevator Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Elevator Market Revenue & Volume until 2021.
· Historical data of Qatar Escalator Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Escalator Market Revenue & Volume until 2021.
· Historical data of Qatar Elevator and Escalator Application Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Elevator and Escalator Application Market Revenue & Volume until 2021.
· Historical data of Qatar Elevator and Escalator Regional Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Elevator and Escalator Regional Market Revenue & Volume until 2021.
· Historical data of Qatar Elevator and Escalator Service Market Revenue & Volume for the Period 2010-2014.
· Market Size & Forecast of Qatar Elevator and Escalator Service Market Revenue & Volume until 2021.
· Market Drivers and Restraints.
· Market Trends.
· Players Market Share and Competitive Landscape.
Markets Covered
The report provides the detailed analysis of following market segments:
· Elevator Types:
o Geared and Gear Less with Machine Room Elevators
o Hydraulic Elevators
o Machine Room Less Elevators
· Escalator Types:
o Moving Stairs Escalators
o Moving Walkways Escalators
· Application
o Residential
o Industrial
o Commercial
· Retail
· Hospital
· Hotel
· Commercial Offices/ Business Parks
· Banks and Financial Institutions
· Services:
o New Installation
o Modernization
o Maintenance
· Regions:
o Southern Region
o Northern Region
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