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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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UAE Construction Equipment Rental Market (2018-2024)-6Wresearch


Expanding Construction Industry on Account of Upcoming Dubai Expo 2020 Coupled with Government Initiatives such as UAE Vision 2021 Would Surge the UAE Construction Equipment Rental Market By 2024

UAE construction equipment rental market registered substantial growth as a result of increasing construction activities as well as strengthening commercial, hospitality and residential sectors. Construction sector growth is attributed to increased infrastructure spending for World Expo 2020. Further, to avoid the cost of purchasing new equipment and to evade maintenance expenses, construction companies in UAE are opting for renting the equipment.

According to 6Wresearch, UAE Construction Equipment Rental Market revenues are projected to grow at a CAGR of 3.3% during 2018-24. Projects such as $37 billion Yas Island Development and $22 billion Masdar City which are expected to be completed by 2025 would increase the demand for construction equipment. Moreover, Dubai overall budget has been increased by nearly 20% for upcoming World Expo 2020 from $13.1 billion (AED 47.31 billion) in 2017 to $15.5 billion (AED 56.6 billion) in 2018. Out of this budget, around 21% was allocated to infrastructure development. With increasing infrastructure spending, the rental equipment market would also witness growth over the coming years.

Explore Press Release : http://www.6wresearch.com/press-releases/uae-construction-equipment-rental-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

According to Ravi Bhandari, Assistant Manager, 6Wresearch, “Earth Moving equipment is the key revenue contributing segment in the UAE construction equipment rental market on account of their high utilization at construction sites”

“Other major equipment includes cranes and material handling equipment. The market for these equipment are expected to spur on account of infrastructure development in the country,” Ravi further added.

According to Vikrant Tomar, Research Associate, Research and Consulting, 6Wresearch, “By regions, Dubai contributes highest revenue share in UAE construction equipment rental market and is projected to maintain its dominance during the forecast period on the back of massive investment in hospitality and transportation sectors under Dubai’s tourism vision 2020.

“With leading players enlarging their fleets with new and innovative products, the market for construction equipment rental would grow over the next six years,” Vikrant further added.

Some of the major companies in UAE Construction Equipment Rental Market include- Mohammed Abdulrahman Al- Bahar, Al Faris Equipment Rentals LLC, Al Mutawa, and Al Jaber Leasing Service LLC.

“UAE Construction Equipment Rental Market (2014-2024)” provides in-depth analysis with 81 figures and 59 tables covered in more than 190 pages. The report estimates and forecast the overall UAE Construction Equipment Rental market by revenues, equipment types, applications such as construction and others 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 : http://www.6wresearch.com/market-reports/uae-construction-equipment-rental-market-2018-2024-forecast-by-types-crane-bulldozer-earth-moving-loader-excavator-applications-competitive-landscape-regions.html

About 6Wresearch

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.

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

UAE 3D printing Market (2018-2024)-6Wresearch


Dubai 3D Printing Strategy Coupled With Government’s Plan to Make UAE as a 3D Printing Hub by 2030 Would Drive the Growth of 3D Printing Market – 6Wresearch

After the introduction of ‘Dubai 3D Printing Strategy’ in 2016, 3D printing market in UAE exhibited healthy growth. Also, government’s agenda to make UAE a global hub for 3D printing is further adding to the growth of the market. Further, increasing investment from both government and private sectors along with initiatives for increasing awareness regarding the technology and its areas of application would propel significant growth of the market.

According to 6Wresearch, UAE 3D Printing market is projected to grow at a CAGR of around 60% during 2018-24. In UAE 3D printing market, binder jetting technology accounted for highest revenue share due to its growing demand in architecture sector for architectural modelling. With upcoming new construction project contracts worth $160 billion in UAE the architecture sector is expected to witness significant growth which would increase the demand for binder jetting technology during the forecast period. Additionally, in terms of revenue generation, fused deposition modelling is the second most widely used technology due to its low prices.

Explore Press Release : http://www.6wresearch.com/press-releases/uae-3d-printing-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

According to Rishi Malhotra, Senior Research Analyst, Research and Consulting, 6Wresearch, “In 2017, the architecture sector generated highest revenue in UAE 3D printing market. UAE’s surging construction sector including several infrastructure, residential and commercial sector projects buoyed the growth of architectural modelling.

Additionally, within 3D printing industry, the UAE government is largely focusing on infrastructure, legislative structure, funding, talent, and market demand in key sectors such as medical, construction & consumer products. In the construction sector, the government is targeting to 3D print 25% of every new building in Dubai by 2030,” He further added.

According to Kanchan Negi, Research Associate, Research and Consulting, 6Wresearch, “UAE 3D printing is a niche market with only few 3D printing service bureaus profoundly involved in 3D printing services. In terms of regions, Dubai accounted for the highest revenue share due to presence of highest number of 3D printing service bureaus.”

Moreover, during the forecast period, the share of Dubai would further increase due to upcoming 3D printing regulations and also the existing players in this region would be expanding their current market shares. Additionally, other emirates especially Abu Dhabi are likely to expand their business operations during the forecast period, however, the share of these regions would not be increasing at the same rate due to faster growth pace in Dubai,” Kanchan Concluded.

Some of the key players in UAE 3D printing market include-Immensa Technology Labs, Generation 3D LLC, 3DVinci Creations, 3D Creations, D2M solutions, Sinterex, Call Print.

“UAE 3D printing Market (2018-2024)” report provides in-depth analysis with 44 figures and 10 tables covered in more than 100 pages. The report estimates and forecast the overall UAE 3D printing market by technology, sector and regions. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers, restraints & trends, and recommendations.

For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/contact-us.html

About 6Wresearch

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.

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

UAE Power Cables Market (2018-2024)-6Wresearch


Rapid Infrastructural Development Activities Coupled With Expansion of Transmission and Distribution Network Would Drive UAE Power Cables Market Over the Next Six Years – 6Wresearch

UAE power cables market registered substantial growth in 2017 attributed to recovery in copper and aluminium prices as well as significant investment in mega infrastructure projects such as new high-rise skyscrapers, theme parks, state-of-the-art shopping malls and artificial islands. Furthermore, sustained economic diversification efforts in the country also contributed to an increase in the sales for power cables.

According to 6Wresearch, UAE power cables market revenues are projected to reach $2.5 billion by 2024. Upcoming projects such as Mohammed bin Rashid City, MBR City-District One, Barakah Nuclear Power Plant and Aljada megaproject would increase the demand for power cables in the country. Further, government initiatives such as UAE Vision 2021, Dubai Plan 2021, the Abu Dhabi Economic Vision 2030, Sharjah Tourism Vision 2021 along with rapid urbanization and rising electricity consumption in the country would additionally encourage the growth of power cables in near-future.

Explore Press Release : http://www.6wresearch.com/press-releases/uae-power-cables-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, “Infrastructure sector held majority of the revenue share in 2017 on account of ambitious government plan for infrastructure development including construction of roads, airport, metro, ports, power plants and hospitals.”

“However, buildings and industrial sector is expected to grow at a faster rate than the infrastructure sector during the forecast period as a result of ongoing construction activities in the real estate and hospitality sectors, as the country prepares itself to host World Expo in 2020,” Ravi further added.

According to Rishi Malhotra, Sr. Research Analyst, Research and Consulting, 6Wresearch, “Low voltage (up to 1 kV) power cable segment held the highest revenue share in 2017 on account of its installation in buildings, infrastructure, oil & gas, petrochemicals and other industrial applications.”

“Moreover, amongst all the regions, Dubai held major revenue share and is expected to maintain its leadership during the forecast period as well, attributed to ongoing and upcoming commercial building and transport infrastructure projects in the region,” Rishi concluded.

Some of the key players in UAE power cables market includes- Ducab, Riyadh Cables Group Company, Jeddah Cables Company, Oman Cables Industry, National Cables Industry, Elsewedy Electric L.L.C – UAE, Power Plus Cable Co. L.L.C., Saudi Cable Company, Alfanar Company Ltd., Prysmian Group, NEXANS MIDDLE EAST, and Brugg Cable Middle East DMCC.

“UAE Power Cables Market (2018-2024)” provides an in-depth analysis with 80 figures and 21 tables covered in more than 140 pages. The report estimates and forecast the overall UAE power cables market by voltage rating, applications 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 Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/uae-power-cables-market-2018-2024-forecast-by-voltage-rating-low-medium-high-applications-regions-competitive-landscape.html

About 6Wresearch

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.

For Further details, please contact:
Email Us: sales@6wresearch.com
Call Now: +91-11-430-24-305

Saudi Arabia Physical Security System Market (2018-2024)-6Wresearch


Video Surveillance Segment Captured Major Share in Saudi Arabia Physical Security Systems Market Revenues- 6Wresearch

During 2014-17, Saudi Arabia physical security systems market registered a decline 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 government projects in the country. Moreover, in 2017, change in the government taxation policy for import of goods resulted in an increase in ASP of the imported products which further led to decline in demand for the security systems.

According to 6Wresearch, Saudi Arabia Physical Security Systems market is projected to reach $312 million by 2024. Although, during 2014-17, the physical security system market recorded negative growth; however, post 2017 the market is expected to bounce back due to recovery of oil prices. Also, increasing security concerns as well as surge in terrorist threats enforced government to pass a law for compulsory installation of security systems in the residential and commercial sectors, which would propel the demand for physical security systems in the country.

Explore Press Release : http://www.6wresearch.com/press-releases/saudi-arabia-physical-security-systems-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

According to Prijo Samuel, Assistant Research Manager, Research and Consulting, 6Wresearch, “Video surveillance segment accounted for majority of the market share owing to increasing deployment of IP video surveillance systems as per government regulation in the residential and commercial sectors, followed by access control systems and license plate recognition systems.”

“Additionally, under Vision 2030, Saudi Arabia government passed a plan to invest in the infrastructural development projects and to allow FDI in the commercial and retail sectors, which would result in major expansion of infrastructure. To protect and keep these under vigilance, video surveillance systems would be largely deployed,” Samuel further added.

According to Shefali Goel, Senior Research Analyst, Research and Consulting, 6Wresearch, “In Saudi Arabia, the Central region held major share of the physical security system market, backed by rising infrastructural development projects, especially in the commercial and residential verticals.”

“Further, government and transportation vertical accounted for highest revenue share followed by commercial offices, retail, and others. Over the next six years, hospitality & healthcare and education verticals are forecast to grow at a higher CAGR,” Shefali concluded.

Some of the major companies in Saudi Arabia physical security system market include- Avigilon Corporation, Axis Communication, Bosch Security System, Hangzhou Hikvision Digital Technology Co. Ltd, Hanwha Techwin, Honeywell Security, and Smith Detection.

“Saudi Arabia Physical Security System Market (2018-2024)” provides in-depth analysis with 82 figures and 11 tables covered in more than 116 pages. The report estimates and forecast the overall Saudi Arabia physical security system market by revenue, by types, by regions, and by verticals. The report also offer insights on competitive landscape, market share by companies, companies benchmarking, company profiles as well as market drivers and restraints.

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About 6Wresearch

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India Blockchain Technology Market (2018-2024)-6Wresearch


Increasing Digital Payment Solutions in India Would Drive the Growth of Blockchain Technology Across Several Applications by 2024 – 6Wresearch

Blockchain technology, popularly known as a protocol for value exchange is registering rising adoption among several applications including banking and financial services, transportation, supply chain as well as government verticals in India. The solution is gaining awareness owing to more efficient, transparent, and secured database solutions. Further, recent pilot project initiatives in Andhra Pradesh would result in greater adoption of blockchain solution in certain key states including Delhi, Madhya Pradesh, Uttar Pradesh and Punjab over the coming years.

According to 6Wresearch, India blockchain technology market is projected to grow at a CAGR of 58% during 2018-24. The market would be highly dependent on increasing growth of digital payment solution through several intermediaries including digital wallets and Unified Payment Interface (UPI); digital payment solution market is projected to grow around 10 times and cross $500 billion by 2020 as compared to around $50 billion in 2017. This would give the desired push for the integration of blockchain technology for much secured transactions.

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According to Babu Munagala, Founder and CEO, Zebi Data India Pvt. Ltd., “Blockchain technology is bound to register substantial growth over the coming years. Currently, consumer awareness for this particular technology is at a very niche stage. However, with surging growth of blockchain integration in several verticals, majorly driven by government and enterprise segment, the market is projected to register considerable growth over the next 2 to 3 years.”

According to Prijo Samuel, Assistant Research Manager, Research and Consulting, 6Wresearch, “In 2017, public blockchain segment registered maximum revenue share owing to greater need for blockchain solution integration among available public networks in the country.”

“In terms of regions, the Western region recorded highest revenue share in India due to surging consumer adoption for blockchain technology solution pertaining to BFSI, transportation and logistics, and several other verticals.”

According to Anuj Mehrotra, Senior Research Analyst, Research and Consulting, 6Wresearch, “Recent fraud in Punjab National Bank (PNB) of more than $1.7 billion, devastated the faith of security in public entities among Indian consumers. Banking sector has already initiated plans to evaluate the adoption of blockchain solution in the present banking ecosystem to avoid fraudulent activities and scams. For instance, in Feb 2018, State Bank of India (SBI) initiated its exploration in the adoption of blockchain technology. Additionally, the financial application vertical is anticipated to record higher growth rate and cross 58% revenue share by 2024.”

Some of the key players in India blockchain technology market include- Zebi, Primechain, Krypc, Accubits and IBM, and Ernst & Young.

“India Blockchain Technology Market (2018-2024)” report provides in-depth analysis with 38 figures and 3 tables covered in more than 80 pages. The report thoroughly covers the blockchain technology market by applications, technology, end users, and regions. The report also offer 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 Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/india-blockchain-technology-market-2018-2024-forecast-by-technology-type-applications-end-user-regions-competitive-landscape-iot.html

About 6Wresearch

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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India Garment Steamer Market (2018-2024)-6Wresearch


India Garment Steamer Market to Witness Nearly Two Fold Revenues by 2024 – 6Wresearch

Consumers in India are becoming liberal on their spending habits as a result of increasing personal disposable income. Garment steamers are primarily used by commercial segment, however, over the past few years the product is gaining high acceptance across the household segment. The growth of garment steamer market in India is backed by surging aspirations of middle class population towards branded clothing. Garment steamers are ideal for delicate fabrics, in addition, these are also used for removing wrinkles and freshening of curtains, bed sheets, and upholsteries (seats & furniture covers). Moreover, growing product awareness, urbanization, and surging emphasis towards personal upkeep are further catalyzing the growth of garment steamer market in the country.

According to 6Wresearch, India Garment Steamer market is projected to grow at a CAGR of 10% during 2018-24. Although, India brown goods market recorded nearly $1.5 billion revenues in 2017, wherein dry and steam irons contributed around 7% market revenue share and garment steamer segment recorded low share. However, the segment is likely to gain acceleration over the coming years with increasing purchasing power of consumers in the country. In terms of volume, garment steamer market is anticipated to exhibit a CAGR of around 11.7% during the forecast period. Commercial end user segment bagged highest revenue share in 2017. Moreover, on account of growing product awareness, household segment is expected to exhibit highest growth rate during the forecast period.

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According to Anuj Mehrotra, Senior Research Analyst, Research and Consulting, 6Wresearch, “Standing/upright garment steamer captured majority of the market share in 2017 and the segment is likely to continue its dominance during the forecast period owing to sustained demand for these garment steamers by commercial end users. However, handheld garment steamer segment is gaining high acceptance among consumers and are projected to exhibit highest growth rate owing to compactness and portability of handheld ones.”

“Currently, commercial including apparel showrooms, boutiques, and small sized businesses such as tailors & dressmakers are the major end users of garment steamers. Moreover, with growing frequent travel needs of consumers for professional commitments and personal reasons, there is an upsurge in demand for handheld garment steamers further resulting in the growth of household garment steamer segment,” Anuj concluded.

According to Suman Gautam, Research Associate, Research and Consulting, 6Wresearch, “Presently, garment steamer is a niche product segment in India’s consumer appliances market. Commercial garment steamer is at the growth stage, whereas, household garment steamer segment is still at nurture stage. Growing product awareness is a major contributor towards further acceptance of garment steamers among end customers.”

“Moreover, there exist huge untapped opportunities in the country owing to low product awareness, especially across urban household segment. Furthermore, manufacturers are coming-up with product differentiation and different price points to attract consumers as per their product requirements. Additionally, India being a lucrative market for fashion retailers and flourishing fashion apparel market in the country, an upsurge is projected in garment steamer demand, especially for proper maintenance of expensive clothing,” Suman added.

Some of the major companies in India garment steamer market include- Philips, Bajaj Electricals, Havells, Groupe SEB, Usha International, and Inalsa Appliances.

“India Garment Steamer Market (2018-2024)” provides in-depth analysis with 28 figures and 6 tables covered in 87 pages. The report estimates and forecast the overall India garment steamer market by types, end users and regions. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/india-garment-steamer-market-2018-2024-forecast-by-types-standing-upright-handheld-compact-end-users-regions-competitive-landscape.html

About 6Wresearch

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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UAE Power Tools Market (2018-2024)-6Wresearch


Dubai and Abu Dhabi are the Key Contributing Regions in the Growth of UAE Power Tools Market – 6Wresearch

UAE power tools market registered a healthy growth during 2014-17 attributed to increasing construction market as well as governmental spending on infrastructure development projects. UAE Vision 2021 and Abu Dhabi Vision 2030 would positively affect the growth of construction market, further boosting the deployment of power tools over the coming years. However, upcoming new commercial and residential projects coupled with increasing automotive sector and surging need for automation are some of the key factors which would further drive the market over the next six years. Also, for upcoming World Expo 2020 more than $15.41 billion is expected to be invested by the UAE government for the expansion of existing and construction of new public and private infrastructures resulting in an increase in deployment of power tools in the country.

According to 6Wresearch, UAE Power Tools Market is expected to grow at a CAGR of 7.2% during 2018-24. A healthy growth is anticipated during the forecast period on the back of increasing demand for power tools in the construction, manufacturing, aerospace and automotive industries. Within power tool types, the metal power tool segment accounts for the highest market share due to increased utilization in industrial and residential sectors.

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According to Shefali Goel, Senior Research Analyst, Research and Consulting, 6Wresearch, within technology type, electric power tool segment accounted for major share of market revenues. Growing acceptance of cordless power tool sub-segment owing to improvement in batteries and increase in productivity led to growth in demand for electric power tools.

“Moreover, advances in building construction activity and durable goods manufacturing is expected to spur the demand for power tools in the country,” Shefali further added.

According to Gurbani Kaur, Research Associate, Research and Consulting, 6Wresearch, “In the overall UAE power tools market, construction vertical accounted for major market share. UAE is registering significant infrastructural development activities in the commercial sector. Surging construction projects in residential sector, would further stimulate the growth of market during the forecast period.

“Further, the Northern region accounted for major share in power tools market due to huge sale of vehicles and growing infrastructural projects in Dubai,” Gurbani concluded.

Some of the key players in UAE power tool market include- Robert Bosch, Hitachi Koki, Makita, Atlas Copco, Techtronic Industries, Metabo, Hilti and Stanley Black and Decker.

“UAE Power Tools Market (2018-2024)” provides in-depth analysis with 42 figures and 5 tables covered in more than 100 pages. The report estimates and forecast the overall UAE power tools market by revenues, types, technology, regions, verticals such as construction, automotive, manufacturing and aerospace. The report also offer insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers, restraints, and recommendations.

For Sample Pages & Detailed Report Description Visit : http://www.6wresearch.com/market-reports/uae-power-tools-market-2018-2024-forecast-by-technology-electric-pneumatic-by-tool-types-metal-concrete-wood-verticals-construction-automotive-manufacturing.html

About 6Wresearch

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.

For Further details, please contact:
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Call Now: +91-11-430-24-305