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6Wresearch-Kuwait Elevator and Escalator Market (2015-2021)


Market Forecast by Elevator Types (Geared and Gear Less with Machine Room Elevators, Hydraulic Elevators, and Machine Room Less Elevators) & Escalator Type (Moving Stairs Escalators and Moving Walkways Escalators), Services (New Installation, Modernization and Maintenance), Applications (Residential, Commercial and Industrial) and Regions (Kuwait City and Rest of Kuwait)

Report Description

Growing construction market, expansion of airport, building up of new hotels & malls and upcoming metro project are the few factors that have resulted in the growth of elevator and escalator market in Kuwait. Surging government expenditure on infrastructure development has impacted for their wide installation.

According to 6Wresearch, Kuwait Elevator and Escalator market is projected to grow at a CAGR of 4.5% during 2015-21. In 2014, elevator market dominated overall elevator and escalator market primarily due to revenue generation from maintenance segment. The maintenance market generated revenue from application areas such as Retail, Hospitals, Hotels, Commercial Offices/ Business Parks and Banks & Financial Institutions. However, share of escalator market is expected to increase in the forecast period owing to demand from retail and transportation applications.

The key players in Kuwait’s elevator and escalator market are namely- Kone, Otis, Schindler, ThyssenKrupp and others.

   Key Highlights of the Report
• Historical data of Global Elevator and Escalator Market for the Period 2010-2014
• Market Size & Forecast of Global Elevator and Escalator Market until 2021
• Historical data of Kuwait Elevator and Escalator Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Elevator and Escalator Revenue & Volume Market until 2021
• Historical data of Kuwait Elevators Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Elevator Market Revenue & Volume until 2021
• Historical data of Kuwait Escalator Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Escalator Market Revenue & Volume until 2021
• Historical data of Kuwait Elevator and Escalator Application Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Elevator and Escalator Application Market Revenue & Volume until 2021
• Historical data of Kuwait Elevator and Escalator Regional Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Elevator and Escalator Regional Market Revenue & Volume until 2021
• Historical data of Kuwait Elevator and Escalator Service Market Revenue & Volume for the Period 2010-2014
• Market Size & Forecast of Kuwait Elevator and Escalator Service Market Revenue & Volume until 2021
• Market Drivers and Restraints
• Market Trends
• Players Market Share and Competitive Landscape

Markets Covered
The report provides the detailed analysis of following market segments:
• Elevator Types:
o Geared and Gear Less with Machine Room
o Hydraulic Elevators
o Machine Room Less Elevators
• Escalator Types:
o Moving Stairs Escalators
o Moving Walkways Escalators
• Application
o Residential
o Industrial
o Commercial
• Retail
• Hospital
• Hotel
• Commercial Offices/ Business Parks
• Banks and Financial Institutions
• Services:
o New Installation
o Modernization
o Maintenance
• Regions:
o Kuwait City
o Rest of Kuwait


TABLE OF CONTENTS
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Methodology Adopted & Key Data Points
2.5 Assumptions & Methodology
3 Global Elevator and Escalator Market Overview
3.1 Global Elevator and Escalator Market Revenues
3.2 Global Elevator and Escalator Market Volume
3.3 Global Elevator and Escalator New Installation Market, By Region
3.4 Global Elevator and Escalator Maintenance Market, By Region
4 Kuwait Elevator and Escalator Market
4.1 Kuwait Elevator and Escalator Market Revenues (2010-2021F)
4.2 Kuwait Elevator and Escalator Market Volume (2010-2021F)
4.3 Industry Life Cycle
4.4 Opportunity Matrix
4.5 Porters 5 Forces Model
4.6 Kuwait Elevator and Escalator Market, By Types
4.7 Kuwait Elevator and Escalator Market, By Services
4.8 Kuwait Elevator and Escalator Market, By Application
4.9 Kuwait Elevator and Escalator Market, By Regions
5 Kuwait Elevator and Escalator Market Dynamics
5.1 Drivers
5.1.1 Surging Construction Market
5.1.2 Increasing IT Spending
5.1.3 Growing Construction of Skyscrapers
5.2 Restraints
5.2.1 High Cost
6 Kuwait Elevator and Escalator Market Trends
6.1 High Speed Elevators
6.2 Smart Elevators
6.3 Green Elevator and Escalator
6.4 Government Spending on Infrastructure
7 Kuwait Elevator Market
7.1 Kuwait Elevator Market Revenue
7.2 Kuwait Elevator Market Volume
7.3 Kuwait Elevator Market , By Types
7.3.1 Geared and Non Geared with Machine Room Elevators Market Overview
7.3.1.1 Geared and Non Geared with Machine Room Elevators Market Revenue
7.3.1.2 Geared and Non Geared with Machine Room Elevators Market Volume
7.3.2 Hydraulic Elevators Market Overview
7.3.2.1 Hydraulic Elevators Market Revenue
7.3.2.2 Hydraulic Elevators Market Volume
7.3.3 Machine Room Less Elevators Market Overview
7.3.3.1 Machine Room Less Elevators Market Revenue
7.3.3.2 Machine Room Less Elevators Market Volume
7.4 Kuwait Elevators Market, By Services
7.4.1 Kuwait Elevators Market Revenue, By Services
7.4.2 Kuwait Elevators Market Volume, By Services
7.5 Kuwait Elevator Market, By Application
7.5.1 Residential
7.5.2 Industrial
7.5.3 Commercial
7.5.3.1 Retail
7.5.3.2 Hospital
7.5.3.3 Commercial Offices/ Business Parks
7.5.3.4 Hotels
7.5.3.5 Banks and Financial Institutions
8 Kuwait Escalator Market
8.1 Kuwait Escalator Market Revenue
8.2 Kuwait Escalator Market Volume
8.3 Kuwait Escalator Market , By Types
8.3.1 Moving Stairs Escalator Market
8.3.1.1 Moving Stairs Escalator Market Revenue
8.3.1.2 Moving Stairs Escalator Market Volume
8.3.1.3 Moving Stairs Escalator Market Price Trend
8.3.2 Moving Walkways Escalator Market
8.3.2.1 Moving Walkways Escalator Market Revenue
8.3.2.2 Moving Walkways Escalator Market Volume
8.3.2.3 Moving Walkways Escalator Market Price Trend
8.4 Kuwait Escalator Market, By Services
8.4.1 Kuwait Escalator Market Revenue, By Services
8.4.2 Kuwait Escalator Market Volume, By Services
8.5 Kuwait Escalator Market, By Application
8.5.1 Retail
8.5.2 Commercial offices/ Business Park
8.5.3 Transportation
9 Kuwait Elevator and Escalator Market, By Services
9.1 Kuwait Elevator and Escalator New Installation Market Revenue
9.2 Kuwait Elevator and Escalator New Installation Market Volume
9.3 Kuwait Elevator and Escalator Modernization Market Revenue
9.4 Kuwait Elevator and Escalator Modernization Market Volume
9.5 Kuwait Elevator and Escalator Maintenance Market Revenue
9.6 Kuwait Elevator and Escalator Maintenance Market Volume
10 Kuwait Elevator and Escalator Market, By Application
10.1 Residential
10.2 Commercial
10.3 Industrial
11 Kuwait Elevator and Escalator Market, By Region
11.1 Kuwait City Region
11.2 Rest of Kuwait Region
12 Competitive Landscape
12.1 Players Market Share, By Revenue & Volume (2013)
12.2 Players Market Share, By Revenue & Volume (2014)
13 Company Profile
13.1 ETA-MELCO Elevator Co. LLC
13.2 Fujitec Co. Ltd. Kuwait
13.3 Hitachi Elevator and Escalator Company
13.4 Hyundai Elevators Co Ltd
13.5 Kleemann Group
13.6 Kone
13.7 Otis Elevator Company
13.8 Schindler Pars International Ltd
13.9 ThyssenKrupp Elevator Kuwait (LLC)
13.10 Toshiba Elevator Middle East
14 Key Strategic Pointers
15 Disclaimer


List of Figures
Figure 1 Global Elevator and Escalator Market Revenue, 2010-2014 ($ Billion)
Figure 2 Global Elevator and Escalator Market Revenue, 2015-21F ($ Billion)
Figure 3 Global Elevator and Escalator Market Volume, 2010-2014 (Million Units)
Figure 4 Global Elevator and Escalator Market Volume, 2015-21 (Million Units)
Figure 5 Global Elevator and Escalator Market New Installation Volume, 2013-21 (Million Units)
Figure 6 Global Elevator and Escalator Maintenance and Modernization Market Volume, 2013-21 (Million Units)
Figure 7 Global Elevator and Escalator New installation Market, By Region (2014)
Figure 8 Global Elevator and Escalator Maintenance Market By Region (2014)
Figure 9 Kuwait Elevator and Escalator Market Revenue, 2010-2014 ($ Million)
Figure 10 Kuwait Elevator and Escalator Market Revenue, 2015-2021 ($ Million)
Figure 11 GCC Construction Projects, By Countries (2014)
Figure 12 Kuwait Elevator and Escalator Market Volume, 2010-2014 (Thousand Units)
Figure 13 Kuwait Elevator and Escalator Market Volume, 2015-2021F (Thousand Units)
Figure 14 Kuwait Elevator and Escalator Market- Industry Life Cycle
Figure 15 Mark-tunity Matrix
Figure 16 Kuwait Elevator and Escalator Market Revenue Share, By Types (2014-21)
Figure 17 Kuwait Elevator and Escalator Market Share, By Revenue, By Services (2014)
Figure 18 Kuwait Elevator and Escalator Market Share , By Application (2014)
Figure 19 Kuwait Elevator and Escalator Market Share By Application (2021)
Figure 20 Kuwait Elevator & Escalators Market Revenue, By Region, 2014 & 2021 ($ Billion)
Figure 21 Kuwait Construction Industry, 2013-21 ($ Billion)
Figure 22 Construction Spending Breakdown per Sector in Kuwait (2014)
Figure 23 Kuwait IT Spending 2013-21 ($ Billion)
Figure 24 IT Spending Breakdown per Sector in Kuwait (2013)
Figure 25 Kuwait Elevator Market Revenue, 2010-2014 ($ Million)
Figure 26 Kuwait Elevator Market Revenue, 2015-21 ($ Million)
Figure 27 Kuwait Elevator Market Volume, 2010-2014 (Million Units)
Figure 28 Kuwait Elevator Market Volume, 2015-21 (Million Units)
Figure 29 Kuwait Elevator Market Share, By Types (2014)
Figure 30 Kuwait Geared and Non Geared with Machine Room Elevators Market Revenue, 2010-2014 ($ Billion))
Figure 31 Kuwait Geared and Non Geared with Machine Room Elevators Market Revenue, 2015-21 ($ Billion)
Figure 32 Kuwait Geared and Gear Less with Machine Room Elevators Market Volume, 2010-2014 (Thousand Units)
Figure 33 Kuwait Geared and Gear Less with Machine Room Elevators Market Volume, 2015-21 (Thousand Units)
Figure 34 Kuwait Hydraulic Elevators Market Revenue, 2010-2014 ($ Million)
Figure 35 Kuwait Hydraulic Elevators Market Revenue, 2015-21 ($ Million)
Figure 36 Kuwait Hydraulic Elevator Market Volume, 2010-2014 ( Thousand Units)
Figure 37 Kuwait Hydraulic Elevators Market Volume, 2015-21 (Thousand Units)
Figure 38 Machine Room Less Elevators Market Revenue, 2010-2014 ($ Million)
Figure 39 Machine Room Less Elevators Market Revenue, 2015-21 ($ Million)
Figure 40 Kuwait Machine Room Less Elevators Market Volume, 2010-2014 (Thousand Units)
Figure 41 Kuwait Machine Room Less Elevators Market Volume, 2015-21 (Thousand Units)
Figure 42 Kuwait Elevator Market Share, By Application (2014)
Figure 43 Kuwait Residential Elevator Market Revenue, 2010-2014 ($ Million)
Figure 44 Kuwait Residential Elevator Market Revenue, 2015-21 ($ Million)
Figure 45 Kuwait Residential Elevator Market Volume, 2010-2014 (Thousand Units)
Figure 46 Kuwait Residential Elevator Market Volume, 2015-21 (Thousand Units)
Figure 47 Kuwait Residential Elevator Price Point Analysis ($ Per Unit)
Figure 48 Kuwait Industrial Elevator Market Revenue, 2010-2014 ($ Million)
Figure 49 Kuwait Industrial Elevator Market Revenue, 2015-21 ($ Million)
Figure 50 Kuwait Industrial Elevator Market Volume, 2010-2014 (Thousand Units)
Figure 51 Kuwait Industrial Elevator Market Volume, 2015-21 (thousand Units)
Figure 52 Kuwait Industrial Elevator Price Point Analysis ($ Per Unit)
Figure 53 Kuwait Commercial Elevator Market CAGR, By Industry, 2010-2014
Figure 54 Kuwait Commercial Elevator Price Point Analysis ($ Per Unit)
Figure 55 Kuwait Retail Elevator Market Revenue, 2010-21 ($ Million)
Figure 56 Kuwait Hospital Elevator Market Revenue , 2010-21 ($ Million)
Figure 57 Kuwait commercial Offices/ Business Parks Elevator Market Revenue , 2010-21 ($ Million)
Figure 58 Kuwait Hotels Elevator Market Revenue, 2010-21 ($ Million)
Figure 59 Kuwait Banks & Financial Institutions Elevator Market Revenue 2010-2021 ($ Million) Figure 60 Kuwait Escalator Market Revenue, 2010-2014 ($ Million)
Figure 61 Kuwait Escalator Market Revenue, 2015-21 ($ Million)
Figure 62 Kuwait Escalator Market Volume, 2010-2014 (Thousand Units )
Figure 63 Kuwait Escalator Market Volume, 2015-21 (Thousand Units)
Figure 64 Kuwait Escalator Market Share, By Types
Figure 65 Kuwait Moving Stairs Escalators Market Revenue, 2010-2014 ($ Million)
Figure 66 Kuwait Moving Stairs Escalators Market Revenue, 2015-21 ($ Million)
Figure 67 Kuwait Moving Stairs Escalators Market Volume, 2010-2014 ( Thousand Units)
Figure 68 Kuwait Moving Stairs Escalators Market Volume, 2015-21 (Thousand Units)
Figure 69 Kuwait Moving Stairs Escalator Price Point Analysis ($ Per Unit)
Figure 70 Kuwait Moving Walkways Escalator Market Revenue, 2010-2014 ($ Million)
Figure 71 Kuwait Moving Walkways Escalator Market Revenue, 2015-21 ($ Million)
Figure 72 Kuwait Moving Walkways Escalator Market Volume, 2010-2014 (Thousand Units)
Figure 73 Kuwait Moving Walkways Escalator Market Volume, 2015-21 (Thousand Units)
Figure 74 Kuwait Moving Walkways Escalator Price Point Analysis ($ Per Unit)
Figure 75 Kuwait Escalator Market Revenue, By Application, 2014 and 2021 ($ Million)
Figure 76 Kuwait Commercial Escalator Market CCTV Market CAGR, By Industry, 2010-2014
Figure 77 Kuwait Retail Escalator Market Revenue, 2010-21 ($ Million)
Figure 78 Kuwait commercial Offices/ Business Parks Escalator Market Revenue, 2010-21 ( $ Million)
Figure 79 Kuwait Transportation Escalator Market Revenue, 2010-21 ($ Million)
Figure 80 Kuwait Elevator and Escalator Market Revenue, By Services, 2014 & 2021 ($ Million)
Figure 81 Kuwait Elevator and Escalator New Installation Market Revenue 2010-21 ($ Million)
Figure 82 Kuwait Elevator and Escalator New Installation Market Volume 2010-21 (Thousand Units)
Figure 83 Kuwait Elevator and Escalator Modernization Market Revenue 2010-21 ($ Million)
Figure 84 Kuwait Elevator and Escalator Modernization Market Volume 2010-21 (Thousand Units)
Figure 85 Kuwait Elevator and Escalator Maintenance Market Revenue 2010-21 ($ Million)
Figure 86 Kuwait Elevator and Escalator Maintenance Market Volume, 2010-21 (Million units)
Figure 87 Kuwait Elevator and Escalator Market Revenue, By Applications, 2014 & 2021 ($ Million)
Figure 88 Kuwait Residential Elevator and Escalator Market Revenue 2010-21 ($ Million)
Figure 89 Kuwait Residential Elevator and Escalator Market Volume 2010-21 (Thousand Units)
Figure 90 Kuwait Commercial Elevator and Escalator Market Revenue 2010-21 ($ Million)
Figure 91 Kuwait Commercial Elevator and Escalator Market Volume 2010-21 (Thousand Units)
Figure 92 Kuwait Industrial Elevator and Escalator Market Revenue 2010-21 ($ Million)
Figure 93 Kuwait Industrial Elevator and Escalator Market Volume 2010-21 (Thousand Units)
Figure 94 Kuwait City Region Elevator and Escalator Market Revenue 2010-2014 ($ Million)
Figure 95 Kuwait City Region Elevator and Escalator Market Revenue 2015-21 ($ Million)
Figure 96 Kuwait City Region Elevator and Escalator Market Volume 2010-21 (Million Units)
Figure 97 Rest of Kuwait Region Elevator and Escalator Market Revenue 2010-2014 ($ Million)
Figure 98 Rest of Kuwait Region Elevator and Escalator Market Revenue 2015-21 ($ Million)
Figure 99 Rest of Kuwait Region Elevator and Escalator Market Volume 2010-21 (Thousand Units)
Figure 100 Kuwait Elevator & Escalator Market Revenue and Volume Share, By Company, 2013
Figure 101 Kuwait Elevator & Escalator Market Revenue and Volume Share, By Company, 2014


List of Tables
Table 1 Ten Largest Construction Projects Underway In The Country
Table 2 Major Skyscrapers in Kuwait
Table 3 List of elevator manufacturing companies with elevators speed
Table 4 Kuwait Elevator Market Revenue, By Services, 2010-2014 ($ Million)
Table 5 Kuwait Elevator Market Revenue, By Services, 2015-21 ($ Million)
Table 6 Kuwait Elevator Market Volume, By Services, 2010-2014 (Thousand units)
Table 7 Kuwait Elevator Market Volume, By Services, 2015-21 (Thousand units)
Table 8 Standard Moving Stairs Escalator Steps Width With Application
Table 9 Kuwait Escalator Market Revenue, By Services 2010-2014 ($ Million)
Table 10 Kuwait Escalator Market Revenue, By Services, 2015-21 ($ Million)
Table 11 Kuwait Escalator Market Volume, By Services, 2010-2014 (Thousand Units)
Table 12 Kuwait Escalator Market Volume, By Services, 2015-21 (Thousand Units)
Table 13 Mitsubishi Electric Corp Financial Statement, 2010-2013 (USD Billion)
Table 14 List of Hitachi installation in Kuwait
Table 15 List of Products of Kleeman Hellas S.A.
Table 16 Kone Corp. Financial Statement, 2010-2013 (USD Million)
Table 17 Kone Installations In Kuwait
Table 18 Otis Elevator Company Financial Statement, 2010-2013 (USD Million)
Table 19 Schindler Financial Statement, 2010-2013 (USD Billion)
Table 20 ThyssenKrupp AG Financial Statement, 2010-2013 (USD Billion)
Table 21 List of Products of Toshiba Elevator Middle East


Summary

Kuwait is one of the key growing elevator and escalator markets in GCC region. Rising infrastructural development, growing urbanization, growth of hospitality and retail sectors has spurred the market of elevators and escalators in Kuwait.

In the country, the elevator and escalator market is primarily driven by Elevator segment; however, through the forecast period, elevator segment is expected to lose marginal market share to Escalators due to the growing installation of the escalators in the retail and transportation applications.

Figure 1: Kuwait Elevator and Escalator Market Revenues, 2010-2021F ($ Million)

Kuwait Elevator and Escalator Market (2015–2021)
Source: 6Wresearch

Commercial vertical accounted for the major share in Kuwait’s Elevator and Escalator Market. Commercial sector includes retail, hospital, hotel, commercial offices and banks. Further, commercial sector is witnessing maximum construction activities in Kuwait region, which would drive future growth of elevator and escalator in Kuwait.

Kuwait Elevator and Escalator Market (2015–2021) report estimates and forecast overall Kuwait elevator and escalator market by revenue, by elevator and escalator type such as geared and gear less with machine room elevators, hydraulic elevators, machine room less elevators, moving stairs escalators and moving walkways escalators, by applications and by regions. The report also gives the insights on competitive landscape, market share by companies, market trends, company profiles, market drivers and restraints.

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Middle East Construction Equipment Market (2018-2024)


Post 2014, construction equipment market in the Middle East region witnessed sluggish growth on account of the crude oil price crash. The demand for construction equipment is directly dependent upon the infrastructural projects, which was majorly impacted during 2014-18. However, the construction equipment market in Middle East region is expected is regain momentum due to recovery of crude oil prices, diversification of the economy and government supported infrastructural development projects including hospitals, offices, retail, educational institutions and malls in the region. Moreover, upcoming events such as Dubai Expo 2020 and Qatar FIFA world cup 2022 has resulted in increase in construction activities in UAE and Qatar. As a result, the market is expected to witness substantial rise during the forecast period. 

According to 6WresearchMiddle East Construction Equipment market revenues are projected to grow at a CAGR of 1.8% during 2018-24. Government initiatives such as Saudi Vision 2030, UAE Vision 2021 and Turkey Vision 2023, would drive the construction equipment market during the forecast period. Additionally, the Middle East countries are transitioning towards non-oil sectors to diversify the economy which in turn would eventually lead to the growth of construction equipment market in the region. 

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According to Ravi Bhandari, Senior Manager, 6Wresearch
, “Earthmoving equipment and mobile cranes are the key revenue generating segments in the Middle East construction equipment market due to high demand for these equipment at the construction sites. Furthermore, the demand for mobile cranes and earthmoving equipment would remain high during the forecast period on account of soaring demand for high rise buildings and skyscrapers.”

According to Prateek Gupta, Research Associate, Research and Consulting, 6Wresearch, “Construction application segment is expected to demonstrate substantial growth owing to large number of construction projects pipelined in the region followed by the oil & gas segment.”

“Turkey acquired the highest revenue share in the Middle East construction equipment market in 2017 followed by UAE and Saudi Arabia. Whereas, Qatar is anticipated to register maximum CAGR due to upcoming FIFA World Cup 2022,” Prateek further said

Some of the major companies in Middle East construction equipment market includes – Caterpillar, Komatsu, Hyundai Construction Equipment, Volvo Construction Equipment and JCB.

Middle East Construction Equipment market (2018-2024)” report provides an in-depth analysis with 234 figures and 81 tables, covered in 345 pages. The report estimates and forecast the overall Middle East Construction Equipment market by revenue, volume, types, countries and applications such as construction, oil & gas, mining and others. 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.

For more details visit : https://www.6wresearch.com/market-reports/middle-east-construction-equipment-market-2018-2024.html

ABOUT US
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

Contact Us:
Visit our Website: www.6wresearch.com
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Phone: +911143024305
Middle East Construction Equipment Market (2018-2024): Market Forecast By Types (Mobile cranes, Construction Tractor and Bulldozer, Earthmoving Equipment (Loaders, Excavators and Motor Grader), Aerial Work Equipment (Articulated Boom Lifts, Telescopic Boom Lifts and Scissor Lifts), Material Handling Equipment (Telescopic Handlers and Forklifts), Dump Trucks and Road Construction Equipment (Pavers and Road Rollers)), By Applications (Construction, Oil &Gas, Mining and Others including Municipality and Road Construction), By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Turkey and Rest of the Middle East including Iraq, Lebanon, Bahrain and Jordan) and Competitive Landscape

Africa Concrete Batching Plant Market (2017–2023)



Lack of local manufacturing capabilities in majority of the African countries is driving international players from China, India, Turkey, Korea and European countries to capture Africa’s concrete batching plants market with their competitive price offerings, enhanced quality and strong distribution network.

According to 6Wresearch, Africa Concrete Batching Plant market is projected to reach $35.6 Million by 2023. Batching plant market is anticipated to register substantial growth during the forecast period on account of increasing demand to bridge the infrastructural gap in the residential sector, power utilities and manufacturing industries. However, slump in average selling price as a result of intense competition among companies has affected the total revenue generation.


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According to Ravi Bhandari, Assistant Manager, 6Wresearch
, “The Eastern region countries such as Kenya, Tanzania and Ethiopia are expected to demonstrate highest growth during the forecast period due to development in tourism, infrastructural and industrial sectors. According to IMF, it is estimated that East African countries would grow at a rate of 5% in 2017. 

“Public Transportation and Commercial are other key sectors that would boost the demand for concrete batching plant in Africa owing to increase in residential and retail sectors construction in the continent” Ravi further added.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, “Medium capacity concrete batching plant (60 CuM/Hr to 160 CuM/Hr) captured majority of the revenue share in 2016 due to rising demand by construction and industrial sector in countries such as South Africa, Egypt, Kenya, Nigeria and Ethiopia. Burgeoning urban population and growth of middle income countries are pushing the infrastructural development in the region.”

“Development of infrastructure in tourism and renewable energy sectors are also expected to drive the market of batching plant over the next six years on the back of diversification of economies and increasing need of power in Africa region.”

Some of the major companies in Africa Concrete Batching Plant market include- Liebherr, CIFA S.P.A, Sany Group, Elkon and Meka.

Africa Concrete Batching Plant Market (2017–2023)” provides in-depth analysis with 92 figures and 12 tables covered in 197 pages. The report estimates and forecast the overall Africa Concrete Batching Plant market by revenues, volume, capacity and verticals such as Infrastructure, Buildings, Retail, Commercial and Renewable energy. The report also gives insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

For more details visit : https://www.6wresearch.com/market-reports/africa-concrete-batching-plant-market-2017-2023-forecast-by-capacity-low_high_meduim-applications-country-regions-competitive-landscape.html
ABOUT US
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

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Visit our Website: www.6wresearch.com
Email: sales@6wresearch.com
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Africa Concrete Batching Plant Market (2017-2023) Market Forecast By Capacity (Low Capacity (160 CuM/Hr)), By Applications (Infrastructure, Buildings and Others), By Country (South Africa, Kenya, Nigeria, Egypt, Algeria & Ethiopia) and Competitive Landscape

Qatar Air Conditioner Market (2018-2024)


Rapid Infrastructural Development Activities Coupled with Expanding Consumer Base Will Drive the Growth of Air Conditioner Market in Qatar – 6Wresearch

Despite slump in oil prices in 2016, Qatar economy has witnessed growth in recent years primarily attributed to development of non-oil sectors such as construction, manufacturing and financial services. Qatar’s transportation and infrastructure sector registered healthy investment of around $11.54 billion in 2018 financial budget. Additionally, investment in several other projects such as development of economic zones, stadiums, hotels and other public and private infrastructures to host the FIFA World Cup in 2022 has led to the growth of air conditioner market in the country. 

According to 6Wresearch, Qatar air conditioner market is forecast to grow at a CAGR of 5.9% during the period 2018-24. Demand for air conditioners in near-future is anticipated to grow owing to ongoing and upcoming construction projects coupled with rapid expansion of tourism sector and development of real estate buildings following the World Cup and Qatar National Vision 2030 (QNV 2030). The government has also planned to spend over $200 billion as a part of a major infrastructural investment scheme during 2016-22. Additionally, Qatar’s National Tourism Sector Strategy 2030 (QNTSS) is set to increase the demand for tourism by developing and diversifying its leisure and cultural offerings including expansion of retail space over the coming years.

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According to Rishi Malhotra, Senior Research Analyst – IT & Electronics, Research and Consulting, 6Wresearch, “Qatar’s air conditioner market is highly import driven, where majority of the demand is fulfilled through imports from UAE and other neighboring countries. With mega infrastructure projects being implemented across the country, the centralized air conditioning system is expected to witness higher adoption over the coming years.”

“Soaring temperature and new regulations are likely to pave the way for the growth of energy efficient air conditioners. Demand for energy efficient air conditioners have significantly increased despite of higher pricing as compared to traditional models. Split air conditioners are further likely to foresee higher adoption primarily in the residential application. Moreover, growing tourism and hotel development in the Southern region of Qatar have led to the growth of air conditioners market in the country,” Rishi further added.

According to Akshay Thakur, Research Associate – IT & Electronics, Research and Consulting, 6Wresearch, With Qatar diversifying its economy and focusing on achieving viable growth by fostering private sector, substantial amount of sales for air conditioning units is anticipated primarily from the residential, commercial and retail applications.”

Additionally, “the demand from Government & Transportation and Hospitality applications is expected to increase during the forecast period attributed to rise in the construction projects in these sectors.

Apart from substantial investment in the infrastructure and transportation projects, Qatar is in the process of building new hotels and hotel apartments over the next six years in advance of the expected surge in the number of visitors during the event.

Additionally, Qatar is bent on enhancing spending on certain key sectors, primarily the educational sector which has been allocated $5.2 billion worth of investment in 2018 budget. Further, Qatar’s Northern region is planning a major expansion of healthcare facilities which would further drive the growth in this region,” Akshay further added.

Key contributing vendors in Qatar Air Conditioner Market include – AHI Carrier Fzc, Daikin McQuay Middle East and Africa FZE, Fujitsu General (ME) FZE, GREE Electric Appliances Inc., Johnson Controls (York), LG Electronics, Inc., Mitsubishi Electric Corp., Petra Engineering Industries Co., Samsung Electronics Co. Ltd. and Trane INC.

“Qatar Air Conditioner Market (2018-2024)” provides in-depth analysis with 74 figures and 9 tables covered in more than 135 pages. The report estimates and forecast the overall Qatar air conditioner market by revenues, by air conditioner types such as Window AC, Split AC, Ceiling Concealed AC, Packaged AC, Floor Standing AC, Cassette AC, Ceiling Suspended AC and Centralized AC as well as by applications and by regions. The report also offer insights on market share by companies, company profiles, market drivers and restraints.

For more details visit : https://www.6wresearch.com/market-reports/qatar-air-conditioner-market-2018-2024-ac-forecast-by-types-window-split-ceiling-concealed-packaged-centralized-applications-regions-competitive-landscape.html

ABOUT US
6Wresearchis the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

Contact Us:
Visit our Website: http://www.6wresearch.com
Email: sales@6wresearch.com
Phone: +911143024305

Saudi Arabia Electric Motor Market (2017–2023)


Demand from Petrochemical, Chemical and Fertilizer Industries along with Diversification of Economy towards Non-Oil Sectors to Boost the Market for Electric Motors in Saudi Arabia – 6Wresearch

Expansion of public infrastructure, government policies to support establishment of new industries and large scale investments in the power and water utility sectors are the key drivers for the growth of electric motor market in Saudi Arabia. However, the market volume declined in 2016 due to lower government spending as a result of budget deficit on the back of falling crude oil prices. 

According to 6Wresearch, Saudi Arabia electric motors market revenues are projected to grow at a CAGR of 5.3% during 2017-23. Growing petrochemical and chemical industry, increasing investments in infrastructure projects along with increasing water & electricity consumption owing to rising population are some of the factors which would drive the Saudi Arabia electric motor market in the forecast period. Further expansion of the non-oil sector would also fuel the market over the next six years.

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According to Ravi Bhandari, Assistant Manager, 6Wresearch, “Motors for pump application accounts for highest revenue share and is expected to dominate the market through the forecast period on account of growing demand from oil & gas and petrochemical sectors. Other key application areas include fans, compressors and conveyors,” Ravi further added.

According to Prakhar Srivastava, Research Associate, Research and Consulting, 6Wresearch, “Petrochemical, Chemicals and Fertilizers (PCF) segment accounted for the major revenue share in Saudi Arabia’s electric motor market. The PCF segment would further continue to dominate the market in the forecast period primarily due to upcoming downstream petrochemical projects in the country. Project such as $20 Billion Sadara petrochemical facility in Jubail shows the commitment of Saudi Arabian government towards shifting its economical dependency from oil & gas sector to non-oil sectors. Further, it also reflects stringent government policies to strengthen the petrochemical downstream industry by increasing plastics and chemical production in the Kingdom.”

“Oil & Gas, water & utilities and cement industries are the other key contributing segments in Saudi Arabia’s electric motors market,” Prakhar further added.

Some of the major companies in Saudi Arabia electric motors market include- ABB, Siemens, WEG, Teco and Nidec.

Saudi Arabia Electric Motor Market (2016–2023)” provides in-depth analysis with 53 figures and 10 tables covered in more than 130 pages. The report estimates and forecast the overall Saudi Arabia Electric Motors market by revenues, volume, types, voltage, applications and end users such as petrochemical, chemicals & fertilizers, oil & gas, water & utilities, cement industry as well as metals & mining and regions. The report also offers insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

For more details visit : https://www.6wresearch.com/market-reports/saudi-arabia-electric-motor-market-2017-2023-ac-dc-motor-voltage-petrochemical-chemicals-fertilizers-oil-gas-water-utilities-cement-metals-mining-applications-regions-competitive-landscape.html

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Global E-House Market (2017-2023)


Rising Mining Activities, Expansion of Public Transport Infrastructure and Oil & Gas Exploration Activities Across the World Would Drive Global E-House Market- 6Wresearch

Increasing offshore oil & gas exploration activities, growing mining sector and large scale investments in the expansion of railways network and infrastructure development are the major factors that would drive the market of E-House across the globe.

According to 6Wresearch, Global E-House Market Volume is projected to grow at a CAGR of 8.5% during 2017-23. Development of smart grids and establishment of nuclear and renewable energy power plants, along with offshore oil & gas exploration and construction of rail freight corridors are anticipated to drive the demand for E-House globally. 

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According to Ravi Bhandari, Assistant Manager, 6Wresearch
, globally, oil & gas sector has netted major revenue share in the global market and is projected to dominate in the forecast period as well. Demand for E-Houses in power utilities and renewable energy is expected to escalate with setup of new power plants and expanding grid network worldwide.

“With rising demand for electricity, connectivity and minerals around the world, respective countries are investing heavily for development of power sector, rail infrastructure and mining industry. Environmental concern has also resulted into heavy flow of investments in renewable energy sector to reduce dependency on conventional power sources, which are expected to drive the E-House market around the world,” Ravi further added.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, “Global E-House market globally is dominated by medium voltage segment. The increased investments for infrastructure development in developing regions like Asia Pacific, Africa and South America are going to provide the major push to the overall demand in the global market,” Anuj Concluded.

Some of the major Companies in Global E-House market Include ABB, Schneider Electric, Siemens, Eaton Corporation, General Electric and Powell Industries etc.

Global E-House Market (2017–2023)” report provides in-depth analysis with 120 figures covered in more than 180 pages. The report estimates and forecast the overall Global E-House Market by voltage, applications and countries. The report also gives the insights on competitive landscape, opportunity assessment, company profiles, market drivers and restraints.

For more details visit :
https://www.6wresearch.com/market-reports/global-e-house-market-2017-2023-forecast-by-voltage-type-applications-competitive-landscape-electrical-house-systems.html

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6Wresearchis the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

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Malaysia Solar Inverter Market (2018-2024)


Net Metering and Feed in Tariff Schemes Along with Upcoming Large-Scale Solar Plant Projects would Drive the Growth of Solar Inverter Market in Malaysia – 6Wresearch

Government incentives along with several upcoming solar power plants in Malaysia would accelerate the demand for solar inverters over the years to come. Additionally, government subsidies and schemes such as Feed in Tariff and Net Metering are expected to further boost the demand for solar inverters in the residential and commercial verticals in Malaysia.

According to 6WresearchMalaysia Solar Inverter market revenues are forecast to grow at a CAGR of 7.0% during 2018-24. The government of Malaysia, under the National Renewable Energy Policy and Action Plan, aims to achieve 2,080 MW of renewable energy by 2020. Additionally, the country is nearer to the equator with high solar energy potential of 4,500 kWh m-2 average solar radiation per day, which makes Malaysia more suitable for the utility scale solar power projects.

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According to Priya Sharma, Research Analyst, Research and Consulting, 6Wresearch, “Implementation of government schemes, such as Sarawak Alternatives Rural Electrification plan and MySuria would further accelerate the demand for solar inverters in the residential vertical of the country. Moreover, the demand for solar inverters in the utility vertical would register maximum growth in the projected period on account of several upcoming solar power plant projects approved by the government in 2018.”

“In addition, large number of upcoming solar power projects under the Large Scale Solar (LSS) scheme such as TNB Bukit Selambau Solar Sdn Bhd’s plant (30 MW) and Gebeng’s solar power plant (29.92 MW) would further fuel the growth in utility vertical in Malaysia during the forecast period, “Priya Concluded

According to Prithu Chawla, Research Associate, Research and Consulting, 6Wresearch, “Central solar inverters would account for majority of the revenue share in the overall Malaysia’s solar inverter market during the forecast period due to deployment of such inverters in the utility vertical. Furthermore, the maintenance charges of central type inverters are lower in comparison to their counterparts, which makes them a popular choice among utility end users in Malaysia.”

“Peninsular Malaysia is expected to hold majority of the market revenue share in the solar inverter market in Malaysia due to upcoming solar farm projects in the region. Additionally, high disposable income of consumers along with high urbanization rate of Peninsular Malaysia region as compared to the regions of Sabah and Sarawak would benefit the rooftop solar inverter market in the Peninsular Malaysia region over the coming years,” Prithu further added.

Some of the key players in Malaysia Solar Inverter market include ABB Malaysia, Fronius International, Huawei Technologies Malaysia, SMA Solar Technology and Schneider Electric. 

Malaysia Solar Inverter Market (2018-2024)” provides an in-depth analysis with 32 figures and 25 tables covered in more than 120 pages. The report estimates and forecast the overall Malaysia Solar Inverter market by revenue, volume, power rating, 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.

For more details visit :
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ABOUT US
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

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Middle East Power &Distribution Transformer Market (2017-2023)


Increasing Electricity Consumption along With Large Scale Infrastructure Development Would Fuel the Growth of Power and Distribution Transformer Market in the Middle East Region– 6Wresearch

Growth in public infrastructural development and construction activities on account of Dubai World Expo 2020, Qatar FIFA World Cup 2022, Saudi Vision 2030, Qatar National Vision 2030 and Dubai Plan 2021 are the key factors which are expected to drive the market of power and distribution transformers during 2017-23. Further, growing population is contributing to rise in electricity consumption which has resulted in the growth of power infrastructure, thus driving the Middle East transformer market. With depreciation in crude oil prices, the power and distribution transformer market in volume terms has declined, mainly due to slump in the construction market.

According to 6Wresearch, Middle East Power and Distribution Transformer market revenue is projected to reach $1.6 billion by 2023. Mega projects such as Riyadh Light Rail Transit, Lusail city (Qatar), Al Maktoum International Airport expansion, Al Raha Beach Development and ETIHAD RAIL (EMIRATES RAILWAY PROJECT) – Stage 2 would further increase the demand for power and distribution transformers in the region. Additionally, government initiatives to expand the power transmission and distribution network as well as allowance for economic diversification across the region to cater the growing electricity demand would fuel the growth of transformer market over the coming years.

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According to Prakhar Srivastava, Senior Research Analyst, Research and Consulting, 6Wresearch, “Distribution transformers lead the overall power and distribution transformer market in volume terms on account of their high utilization in distribution network and industrial setup in the Middle East region.” “Whereas, power transformers holds minor share in volume terms but their market is expected to spur due to construction of new thermal, wind, solar, geothermal, gas-fired and coal-fired power plants across the Middle East region,” Prakhar further added. According to Raman Preet Singh Khera, Research Associate, Research and Consulting, 6Wresearch, “315.1 KVA – 5 MVA and 5.1 MVA – 50 MVA are the most commonly used power ratings for distribution transformers and power transformers in the region. Amongst all the applications, power utilities sector dominates the market. “In the Middle East region, Turkey, Saudi Arabia, UAE and Iran are anticipated to hold major revenue share of the power and distribution transformer market. Over the next six years, countries such as Qatar, Oman, Jordan and Turkey are expected to witness substantial growth,” Raman Preet further added. Some of the major companies in Middle East Transformer market include- ABB, GE, Hyundai, Siemens, Emirates Transformers & Switchgears and Saudi Transformers Company.

Middle East Power & Distribution Transformer Market (2017-2023)” provides an in-depth analysis with 229 figures and 18 tables covered in more than 390 pages. The report estimates and forecast the overall Middle East power & distribution transformer market by revenues, volume, types, power rating, cooling system such as dry type and liquid type, applications such as power utilities and industrial as well as regions. The report also offer insights on competitive landscape, company profiles, market drivers and restraints.
For Sample Pages & Detailed Report Description Visit : https://www.6wresearch.com/market-reports/middle-east-power-distribution-transformer-market-2017-2023-saudi-arabia-uae-qatar-kuwait-bahrain-oman-turkey-iran-jordan-lebanon.html  

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6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.

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