Report Overview:
The following report titled “UAE Elevator & Escalator Maintenance & Repair Services Market: By Product Type (Elevator, Escalator and Moving Walkway), By Application (Residential, Commercial, Industrial) and other forecast 2022-2027” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.
UAE Elevator & Escalator Maintenance & Repair Services Market Summary
The UAE Elevator and Escalator Maintenance and Repair Services Market are anticipated to grow at a CAGR of around 3.2% during the forecast period, i.e., 2022-27. Most of the market expansion would be driven by the growing government focus on infrastructure developments, demonstrating a rise in the construction & development of sky-scrapping buildings and commercial facilities like airports, shopping malls, and hotels alongside healthcare centers and residential complexes, among others. Such aspects exemplify a rapid utilization of escalators & elevators and directly influence the need for their maintenance & repair services. These parameters are the prominent factors generating lucrative opportunities for the leading players in the industry to widen their service offerings & consumer base throughout the country.
Report Coverage & Details
- Forecast Period: 2022-2027
- Base Year: 2021
- CAGR: 3.2%
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UAE Elevator & Escalator Maintenance & Repair Services Market Driver:
- Rapid urbanization and increasing construction activities
- Increasing installation of elevators across commercial & residential sectors
- Stringent regulations imposed by the UAE government to ensure public safety.
Segmentation Analysis: UAE Elevator & Escalator Maintenance & Repair Services Market
By Product Type
- Elevator
- Escalator & Moving Walkway
By Escalator Type
- Moving Walkway
- Moving Stairs
By Escalator Type
- Hydraulic
- Traction
- Geared
- Gearless
By Elevator Speed
- Up to 1 m/s
- 1to 2 m/s
- 2 to 3 m/s
- Above 3 m/s
By Application
- Residential
- Commercial
- Industrial
By Region
- Dubai
- Abu Dhabi
- Sharjah and Northern Emirates
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Region: Dubai Holds a Major Market Share
Among all regions globally, Dubai is anticipated to dominate the UAE Elevator & Escalator Maintenance & Repair Services Market with the largest share during 2022-27.
Leading Players Analysis: UAE Elevator & Escalator Maintenance & Repair Services Market
The report provides detailed analysis of key players in the UAE Elevator & Escalator Maintenance & Repair Services market, highlighting their strategies and competitive scenario.
- AG MELCO Elevator Co LLC
- Hitachi, Ltd, Middle East Branch
- Kone Middle East LLC
- Otis LLC
- Schindler Middle East
- Al-Futtaim Engineering
- Nigma Lifts Installation & Maintenance Co
- Thyssenkrupp Elevator
- Al Nas Elevator Contracting LLC
- Others
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