Saudi Arabia Elevator and Escalator Market Outlook 2024
Bharat Book Bureau Provides the Trending Market Research Report on “Saudi Arabia Elevator and Escalator Market” under Heavy Industry category. The Indian Elevator and Escalator Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
During 2014-17, Saudi Arabia Elevator and Escalator Market has registered high installation as a result of completion of ongoing construction projects in the country. However, book order volume witnessed a plummet in demand owing to deteriorating economic conditions, primarily due to slump in oil prices. During this period, major government spending was cut down, resulting in halt in several construction projects in the country. Further in 2017, change in the government taxation policy for the import of goods had resulted in an increase in prices of the imported products.
Saudi Arabia Elevator & Escalator Market is expected to grow at a CAGR of 4.9% during 2018-24. In 2017, the market declined due to falling government spending owing to declining oil prices. The market is anticipated to bounce back with recovery of oil prices post 2017. Growing urbanization rate, and rise in installation of elevators in the residential sector in Saudi Arabia is forecast to boost growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.
Request a free sample copy Elevator and Escalator of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/642725
In Saudi Arabia, the central region held major market for Elevator and Escalator systems in terms of volume owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, western region is expected to register higher growth in the market.
The report thoroughly covers the market by elevators and escalators types, sub-segments, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
The report provides detailed analysis of the following market segments:
■ Machine Room
■ Machine Room Less
- Escalator
■ Moving Stairs
■ Moving Walkways
- Modernization
- Maintenance
- Commercial
- Industrial
- Eastern
- Western
- Southern
Please continue to read the complete report:https://www.bharatbook.com/MarketReports/Saudi-Arabia-Elevator-and-Escalator-Market-2018-2024/642725
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During 2014-17, Saudi Arabia Elevator and Escalator Market has registered high installation as a result of completion of ongoing construction projects in the country. However, book order volume witnessed a plummet in demand owing to deteriorating economic conditions, primarily due to slump in oil prices. During this period, major government spending was cut down, resulting in halt in several construction projects in the country. Further in 2017, change in the government taxation policy for the import of goods had resulted in an increase in prices of the imported products.
Saudi Arabia Elevator & Escalator Market is expected to grow at a CAGR of 4.9% during 2018-24. In 2017, the market declined due to falling government spending owing to declining oil prices. The market is anticipated to bounce back with recovery of oil prices post 2017. Growing urbanization rate, and rise in installation of elevators in the residential sector in Saudi Arabia is forecast to boost growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.
Request a free sample copy Elevator and Escalator of Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/642725
In Saudi Arabia, the central region held major market for Elevator and Escalator systems in terms of volume owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, western region is expected to register higher growth in the market.
The report thoroughly covers the market by elevators and escalators types, sub-segments, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers which would help the stakeholders to device and align their 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 2014-2017
- Market Size & Forecast of Global Elevator and Escalator Market until 2024
- Historical data of Saudi Arabia Elevator and Escalator Market Revenues & Volume for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Elevator and Escalator Revenue & Volume Market until 2024
- Historical data of Saudi Arabia Elevators Market Revenues & Volume for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Elevators Market Revenues & Volume until 2024
- Historical data of Saudi Arabia Escalators Market Revenues & Volume for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Escalators Market Revenues & Volume until 2024
- Historical data of Saudi Arabia Elevator and Escalator Vertical Market Revenues for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Elevator and Escalator Vertical Market Revenues until 2024
- Historical data of Saudi Arabia Elevator and Escalator Regional Market Revenues for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Elevator and Escalator Regional Market Revenues until 2024
- Historical data of Saudi Arabia Elevator and Escalator Service Market Revenues for the Period 2014-2017
- Market Size & Forecast of Saudi Arabia Elevator and Escalator Service Market Revenues until 2024
- Market Drivers, Restraints, and Trends
- Company Profiles and Players Market Share
- Company Profiles
- Strategic Recommendations
The report provides detailed analysis of the following market segments:
- By Segments
■ Machine Room
■ Machine Room Less
- Escalator
■ Moving Stairs
■ Moving Walkways
- By Services
- Modernization
- Maintenance
- By Verticals
- Commercial
- Industrial
- By Regions
- Eastern
- Western
- Southern
Please continue to read the complete report:https://www.bharatbook.com/MarketReports/Saudi-Arabia-Elevator-and-Escalator-Market-2018-2024/642725
About Us
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Industry Trends & Analysis, Forecasts & Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.
Contact us at:Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
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