Construction & Manufacturing

Elevator and Escalator Market in Saudi Arabia 2012-2016

  • TEC16294
  • 44 Pages
  • January 2013
  • Construction & Manufacturing
TechNavio's analysts forecast the Elevators and Escalators market in Saudi Arabia to grow at a CAGR of 6.90 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in civil and construction activities across Saudi Arabia. The Elevators and Escalators market in Saudi Arabia has also been witnessing the emergence of eco-friendly elevators and escalators. However, the need for increased capital costs could pose a challenge to the growth of this market.
TechNavio's report, the Elevators and Escalators Market in Saudi Arabia 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on Saudi Arabia; it also covers the Elevators and Escalators market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Fujitec Co. Ltd., Mitsubishi Electric Saudi Ltd., and Schindler Group.
The other vendors mentioned in the report are Gulf Elevator and Escalators Company Ltd (GEEC), Kone Corp., ThyssenKrupp AG, Otis Elevator Company, Hyundai Elevators Co. Ltd, and Toshiba Elevator and Building Systems Corp.
Key questions answered in this report:
What will the market size be in 2016 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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