“A research report on Saudi Arabia Elevator & Escalator Market was added by SDKI in its database which discusses the product as well as the scope of its market in detail. The report provides the business clients with an in-depth overview of the market, giving an analysis of the market trends, market size, market value and market growth over the forecast period on a compound as well as on a yearly basis. Further, the market study gives an overview of the industry on the basis of several factors such as the geographical extent, market segmentation, growth drivers and challenges prevalent in the market.

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Saudi Arabia elevator & escalator market is projected to reach $ 1.25 billion by 2031. Booming construction sector, increasing number of high-rise building projects and rapid infrastructure development are the key factors driving Saudi Arabia elevator & escalator market.
Saudi Arabia elevator & escalator market is segmented based on type, service, elevator technology, end-user, elevator door type, and region. Based on type, the market can be segmented into elevator, escalator and moving walkways. The elevator segment is expected to dominate the market owing to their widespread use in various end user industries. Based on elevator technology, the market can be fragmented into traction, hydraulic and machine room-less traction. The machine room-less traction segment grabbed the largest market share in 2019 and is also expected to grow at the fastest pace during forecast period on account of their higher efficiency and smoother ride.
Regionally, Saudi Arabia elevator & escalator market has been segmented into Riyadh, Makkah, and Easter Province. Among these regions, Riyadh is expected to dominate the country’s elevator & escalator market majorly due booming construction sector in the region.
Major players operating in Saudi Arabia elevator & escalator market include Otis Elevator Company Saudi Arabia Limited, Schindler Olayan Elevators Co. Ltd, ThyssenKrupp Elevator Saudi Limited, Mitsubishi Electric Saudi Ltd., Gulf Elevator & Escalator Company Ltd., Khaled Juffali Elevator & Escalator Co., KONE Saudi Arabia, Orona Elevator Co. KSA, Fujitec Saudi Arabia Co., Ltd., Hyundai Elevator Saudi Arabia, among others.

Objective of the Study:
• To analyze and forecast the market size of Saudi Arabia elevator & escalator market.
• To classify and forecast Saudi Arabia elevator & escalator market based on type, service, elevator technology, end use, elevator door type, and regional distribution.
• To identify drivers and challenges for Saudi Arabia elevator & escalator market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia elevator & escalator market.
• To identify and analyze the profile of leading players operating in Saudi Arabia elevator & escalator market.

SDKI performed both primary as well as exhaustive secondary research for this study. Initially, SDKI sourced a list of elevator and escalator manufacturers and suppliers across the globe. Subsequently, SDKI conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, SDKI could include the service providers which could not be identified due to the limitations of secondary research. SDKI analyzed the service providers, distribution channels and presence of all major players across the globe.

SDKI calculated the market size of Saudi Arabia elevator & escalator market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. SDKI sourced these values from the industry experts and company representatives and externally validated through analyzing historical data for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by SDKI.

Key Target Audience:
• Elevator & escalator manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to elevator & escalator
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:
In this report, Saudi Arabia elevator & escalator market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Market, By Type:
o Elevator
o Escalator
o Moving Walkways
• Market, By Service:
o Maintenance & Repair
o New Installation
o Modernization
• Market, By Elevator Technology:
o Traction
o Hydraulic
o Machine Room-Less Traction
• Market, By End User:
o Residential
o Commercial
o Institutional
o Infrastructural
o Others
• Market, By Elevator Door Type:
o Automatic
o Manual
• Regions:
o Riyadh
o Makkah
o Eastern Province
o Rest of Saudi Arabia

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Table of Content1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Brand Satisfaction
4.3. Factors Influencing Purchase Decision
4.4. Annual Maintenance Service
5. Saudi Arabia Elevator & Escalator Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Type (Elevator, Escalator and Moving Walkways)
5.2.2. By Service (Maintenance & Repair, New Installation and Modernization)
5.2.3. By Elevator Technology (Traction, Hydraulic and Machine Room-Less Traction)
5.2.4. By End-User (Residential, Commercial, Institutional, Infrastructural and Others)
5.2.5. By Elevator Door Type (Automatic and Manual)
5.2.6. By Region (Riyadh, Makkah, Eastern Province, Rest of Saudi Arabia)
5.2.7. By Company
5.3. Product Market Mapping
6. Saudi Arabia Maintenance & Repair Elevator & Escalator Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type
6.2.2. By End-User
7. Saudi Arabia New Installation Elevator & Escalator Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By End-User
8. Saudi Arabia Modernization Elevator & Escalator Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By End-User
9. Value Chain Analysis

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About SDKI :

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count ( SDKI ) provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Lauren Brown
Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790