Dublin, April 16, 2018 (GLOBE NEWSWIRE) -- The "UAE Elevator & Escalator Market (2018-2024): Market Forecast By Segments (Elevators and Escalators), Services (New Installation, Modernization and Maintenance), Verticals (Residential, Commercial and Industrial), Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

UAE Elevator & Escalator Market is expected to grow at a CAGR of 4.7% during 2018-24.

Over the past four years, UAE elevator and escalator market registered sluggish growth in terms of number of new installations attributed to change in government policies pertaining to devaluation of the currency as well as decline in construction market projects. However, upcoming new hotels and shopping malls coupled with growing government spending on infrastructural development projects and increasing inflow of FDI in the construction and retail sectors are some of the key factors that would revive growth of the UAE Elevator and Escalator market during the forecast period.

In 2015, the market registered slow growth due to slump in oil prices, which hampered the infrastructural development projects in the country. The market is anticipated to record growth on the back of improving economic conditions in UAE. Growing urbanization rate, and rise in installation of elevators in the residential sector in UAE is forecast to boost the growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.

In UAE, the Northern region held major market for elevator and escalator in terms of volume owing to increasing infrastructure development activities, especially in the commercial and residential verticals. During the forecast period, Eastern and Western regions are 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 Topics Covered:

1 Executive Summary

2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions

3 Global Elevator & Escalator Market Overview
3.1 Global Elevator & Escalator Market Revenues and Volume (2014-2023F)
3.2 Global Elevator & Escalator Market Revenue Share, By Region (2017)

4 UAE Taxation Analysis

5 UAE Elevator & Escalator Market Overview
5.1 Overview and Analysis
5.2 UAE Elevator & Escalator Market Revenues and Volume (2014-2024F)
5.3 UAE Elevator & Escalator Industry Life Cycle
5.4 UAE Elevator & Escalator Market Porter's Five Forces Model
5.5 UAE Elevator & Escalator Market Revenue Share, By Type (2016 & 2024F)
5.6 UAE Elevator & Escalator Market Revenue Share, By Services (2016 & 2024F)
5.7 UAE Elevator & Escalator Market Revenue Share, By Vertical (2016 & 2024F)
5.8 UAE Elevator & Escalator Market Revenue Share, By Region (2016 & 2024F)

6 UAE Elevator & Escalator Market Dynamics
6.1 Impact Analysis
6.2 Market Drivers
6.3 Market Restraints

7 UAE Elevator & Escalator Market Trends

8 UAE Elevator Market Overview
8.1 Overview & Analysis
8.2 UAE Elevator Market Revenues and Volume (2014-2024F)
8.3 UAE Elevator Market Revenues, By Types
8.4 UAE Elevator Market Revenues, By Speed
8.5 UAE Elevator Market Revenues, By Stops
8.6 UAE Elevator Market Revenues, By Services
8.7 UAE Elevator Market Revenue, By Verticals
8.7.1 UAE Commercial Elevator Market Revenues (2014-2024F)
8.7.2 UAE Industrial Elevator Market Revenues (2014-2024F)
8.7.3 UAE Residential Elevator Market Revenues (2014-2024F)

9 UAE Escalator Market Overview
9.1 Overview & Analysis
9.2 UAE Escalator Market Revenues and Volume (2014-2024F)
9.3 UAE Escalator Market Revenue Share, By Types
9.3.1 UAE Moving Stairs Escalator Market Revenues & Volume (2014-2024F)
9.3.2 UAE Moving Walkways Escalator Market Revenues & Volume (2014-2024F)
9.4 UAE Escalator Market Revenue, By Services
9.5 UAE Escalator Market Revenue, By Verticals

10 UAE Elevator & Escalator Services Market Overview
10.1 UAE Elevator & Escalator New Installation Market Revenues, (2014-2024F)
10.2 UAE Elevator & Escalator Modernization Market Revenues, (2014-2024F)
10.3 UAE Elevator & Escalator Maintenance Market Revenues, (2014-2024F)

11 UAE Elevator & Escalator Vertical Market Overview
11.1 UAE Elevator & Escalator Residential Market Revenues, By Vertical (2014-2024F)
11.2 UAE Elevator & Escalator Industrial Market Revenues, By Vertical (2014-2024F)
11.3 UAE Elevator & Escalator Commercial Market Revenues, By Vertical (2014-2024F)
11.4 UAE Elevator & Escalator Market Opportunity Matrix, By Verticals (2024)

12 UAE Elevator & Escalator Market KPI

13 UAE Elevator & Escalator Market Current and Upcoming Skyscrapper Projects

14 UAE Elevator & Escalator Regional Market Overview

15 Competitive Landscape
15.1 UAE Elevator & Escalator Market Share, By Company

16 Company Profiles
16.1 ETA Melco
16.2 Hyundai Elevator Co. Ltd
16.3 Kone Middle East LLC
16.5 Schindler Pars International
16.6 ThyssenKrupp Elevator UAE LLC

17 Key Strategic Pointers

18 Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/8jcczv/uae_elevator_and?w=12

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Related Topics: Elevators and Escalators