Market Research Reports

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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Market Research Reports

India LED Lighting Market (2017-2023)-6wresearch


Government Initiatives Coupled with Falling Prices are Driving India’s LED Lighting Market– 6Wresearch

LED based lighting solutions are gaining popularity in India due to growing need for energy efficient lighting, falling prices and initiatives taken by the government to replace traditional bulbs especially in street lighting application. The prices of LED’s have declined tremendously in last few years leading to surge in penetration across the country.

According to 6Wresearch, India LED Lighting market is projected to grow at a CAGR of 26.6% during 2017-23. India’s LED Lighting market is projected to witness robust growth owing to government initiatives such as UJALA, Housing for All and Deendayal Upadhayaya Gram Jyoti Yojna (DDUGJY). Furthermore, missions such as Smart Cities would also drive the LED lighting market in the coming years.

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6Wresearch, “Street Light LED’s holds the major share in the overall LED lighting market and expected to dominate the market in the forecast period. Government of India, under Street Light National Programme (SLNP) has to replace 35 million conventional streetlights with LED lights by March 2019, thus increasing the demand for LED bulbs in street light application.

Further, the demand for LED down lighters have also increased due to growing adoption in the areas of hospitality, retail, educational institutions, commercial offices and others,” Ravi further added.

According to Kanika Sharma, Research Associate, Research and Consulting, 6Wresearch, “In India, LED luminaires are registering key growth and expected to dominate the market in forecast period. The demand is being driven by modernization, urbanization and adoption of better life style of the people. Commercial Sector is also spurring the market for LED luminaires.

Profit margins of the market players have decreased due to growing competition and entry of new players in the country in the last few years. Further, the government is encouraging domestic manufacturing, which would further lead to price competition in the industry,” Kanika Concluded.

Some of the major companies in India’s LED lighting market includes Phillips, Havells, Bajaj, Surya, Osram, Crompton, Wipro, etc.”

India LED Lighting Market (2017–2023)” report provides in-depth analysis with 40 figures and 13 tables covered in more than 120 pages. The report estimates and forecast the overall India LED Lighting market by types, wattage, applications, end users and regions. The report also gives the insights on competitive landscape, company profiles, market drivers and restraints.

India LED Lighting Market (2017-2023) report graph

Source Link: http://www.6wresearch.com/press-releases/india-led-lighting-market-share-trends-forecasts-size-growth-opportunity-cagr-shipments-media-news.html

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GCC Video Surveillance Systems Market (2017-2023)-6Wresearch


GCC Video Surveillance Market Growth Dependent on Government Projects, Security Spending and Upcoming Events such as World Expo 2020 and FIFA World Cup 2022 – 6Wresearch

Surging construction market, increasing government spending, infrastructural development, rising FDI in the retail and construction market coupled with government regulation for compulsory installation of the surveillance systems in public areas are few factors that have led for the growth of video surveillance systems in GCC region. Additionally, growing tourism industry in the region has resulted in an increased construction projects in various sectors primarily, hospitality and government & transportation, and retail.

According to 6Wresearch, GCC Video Surveillance Market is expected to grow at a CAGR of about 10% during 2017-23. Though, governments have mandated compulsory installation of video surveillance systems throughout various GCC countries, the market registered decline in demand in last two years. This was predominantly due to falling oil prices which impacted overall government spending towards various infrastructure projects. However, the market is all set to bounce back majorly post 2017 with expected improvement in oil prices along with projected flow of investments primarily for upcoming international events such as World Expo 2020 in UAE and FIFA World Cup 2022 in Qatar.

According to Prijo Samuel, Assistant Research Manager, Research and Consulting, 6Wresearch, “IP video surveillance segment captured major revenue share of the market. Growing demand for high quality cameras, increasing IT infrastructure, need for remote monitoring and declining prices of IP video surveillance systems have led for its market growth in the region.”

“Further, GCC market is one of the potential markets for video surveillance software on account of increasing adoption of IP video surveillance systems in government & transportation vertical. In video surveillance software market, video management software accounted for the largest market demand” Samuel further added.

According to Shefali Goel, Research Analyst, Research and Consulting, 6Wresearch, “Government and transportation accounted for highest revenue share followed by commercial offices, retail verticals, and others. GCC is witnessing significant infrastructure development activities in commercial sector. Additionally, increasing construction projects pertaining to residential vertical would further stimulate the growth of the market in forecast period.”

“Saudi Arabia and UAE accounted for majority of the revenue share in GCC video surveillance market; however, Qatar market is anticipated to register significant growth rate due to FIFA World Cup 2022,” Shefali concluded.

The major companies in the GCC video surveillance market include- Avigilon Corporation, Axis Communication, Bosch Security System, Dahua Technology, Hikvision, Hanwha Techwin, Honeywell Security, Panasonic Corporation, and Pelco.

“GCC Video Surveillance Market (2017-2023)” provides in-depth analysis with 207 figures and 35 tables covered in more than 280 pages. The report estimates and forecast the overall GCC Video Surveillance market by revenue, by types, by countries and by verticals. The report also gives insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.

Source Link: http://www.6wresearch.com/press-releases/gcc-video-surveillance-market-cagr-share-trends-forecasts-gulf+cooperation+council-players-size-growth-opportunity.html

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India Air Purifier Market (2017-2023)-6Wresearch


India Air Purifier Market Volume to Grow at a CAGR of 30% during 2017-23 – 6Wresearch

India’s air purifiers market is at a very nascent stage. When compared with adoption in developed countries, India’s penetration is negligible. However, the market is expected to evolve exponentially owing to increasing marketing push done by various players and also educating the customers about the benefits of using air purifiers.

According to 6Wresearch, India Air Purifier Market Volume is projected to grow at a CAGR of 30% during 2017-23. Contradictory to its core benefits i.e. cleaning indoor pollutants, the market is currently driven by the hype of density of outdoor pollution through media. This has spurred the overall market especially in tier-1 cities across India, wherein Delhi contributes more than half of total market. The market for air purifiers in India is highly cyclic in nature, where the major demand comes around in winters due to presence of smog. The trend is likely to continue for the next 2-3 years as well.

According to Vibhor Jain, CEO, Atlanta Healthcare, “The market off late has become quite competitive with multiple brands foraying into the category which is yet to mature in terms of awareness, standards, product offerings and demand. As multiple brands enter the segment, product standards, effectiveness of technologies / products coupled with customer preferences for smart features and IoT orientation would drive differentiation amongst players.”

“Over the next 2-3 years, Internet of Things (IoT) will drive innovation in air purification segment providing customers unified and real time view of air they breathe through smart products covering monitoring, detection and protection for entire family,” he further stated.

According to Shefali Goel, Research Analyst, Research and Consulting, 6Wresearch, “In the coming years, the demand for air purifiers is anticipated to grow apart from tier-1 cities on the back of increasing awareness about indoor pollution. Further, the market is expected to witness growth due to emergence of new players and declining prices.”

“Technical advancements has also led to the development of smart air purifiers, which can be connected with smart phones predisposing to the growth of air purifier market in India,” Shefali further added.

According to Aditi Sharma, Research Associate, Research and Consulting, 6Wresearch, “Growing awareness regarding indoor air pollution among people has resulted in massive demand from residential application making it the largest segment for consumption of air purifier followed by other applications.”

“The key players in the market are namely-Atlanta Healthcare, Blueair, Crusaders, Daikin, Eureka Forbes, Honeywell Automation, OSIM, Panasonic, Philips, Kent and Sharp,” Concluded Aditi.

India Air Purifier Market (2017-2023)” provides in-depth analysis with 31 figures and 12 tables covered in 100 pages. The report estimates and forecast overall India air purifier market by revenue, by type of filter, by region and by verticals such as residential, commercial, government, hospitality & healthcare and automobile. The report also gives the insights on market share by companies, companies benchmarking, company profiles, market drivers and restraints.

India Air Purifier Market (2017-2023) report graph

Source Link: http://www.6wresearch.com/press-releases/india-air-purifier-market-share-trends-forecasts-size-growth-opportunity-cagr-players-media-news.html

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India Elevator & Escalator Market Report (2017-2023)-6Wresearch


India Elevator & Escalator Market (2017-2023)
Market Forecast by Types (Elevator (Geared and Gearless and Machine Room Less) and Escalator (Moving Stairs and Moving Walkways)), Services (New Installation and Maintenance), Applications (Residential, Industrial and Commercial (Healthcare & Hospitality, Commercial Offices, Retail & Logistics, Banking & Financial Institutions, Government & Transportation and Education), Regions (West, East, North and South) and Competitive Landscape

In India, continuous construction of high rise buildings and growing government expenditure on infrastructure development have spurred wide installation of elevators & escalators. In India, elevator segment has captured major share in overall elevators & escalators market, where majority of the market installations are witnessed in areas such as residential, retail, transportation and hospitality sectors.

According to 6Wresearch, India Elevator & Escalator Market is expected to grow at a CAGR of 8.1% during 2017E-23F. In India, gearless & machine room less type of technology elevator is growing at a faster rate than geared type of elevator and is expected to hold the major share in coming years. In escalator segment, moving stairs escalator has led the market, however moving walkway sub-segment is gaining popularity with the installation at airports, and shopping centers. In 2016, amongst all the applications, commercial application captured the largest share in overall elevator & escalator market.

The report thoroughly covers the market by elevators and escalators types, sub-segments, services, applications, and regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report
• Historical data of Global Elevators and Escalators Market for the Period 2014-2016.
• Market Size & Forecast of Global Elevators and Escalators Market until 2023.
• Historical data of India Elevators and Escalators Market Revenues & Volume for the Period 2014-2016.
• Market Size & Forecast of India Elevators and Escalators Revenues & Volume Market until 2023.
• Historical data of India Elevators Market Revenues & Volume for the Period 2014-2016.
• Market Size & Forecast of India Elevators Market Revenues & Volume until 2023.
• Historical data of India Escalators Market Revenues & Volume for the Period 2014-2016.
• Market Size & Forecast of India Escalators Market Revenues & Volume until 2023.
• Historical data of India Elevators and Escalators Application Market Revenues for the Period 2014-2016.
• Market Size & Forecast of India Elevators and Escalators Application Market Revenues until 2023.
• Historical data of India Elevators and Escalators Regional Market Revenues for the Period 2014-2016.
• Market Size & Forecast of India Elevators and Escalators Regional Market Revenues until 2023.
• Historical data of India Elevators and Escalators Service Market Revenues for the Period 2014-2016.
• Market Size & Forecast of India Elevators and Escalators Service Market Revenues until 2023.
• Market Drivers and Restraints.
• Market Trends.
• Players Market Share and Competitive Landscape.

Markets Covered
The report provides the detailed analysis of the following market segments:
• Types:
o Elevators:
• Geared
• Gearless and Machine Room Less
o Escalators:
• Moving Stairs
• Moving Walkways
• Services:
o New Installation
o Maintenance
• Applications:
o Residential
o Industrial
o Commercial:
• Healthcare & Hospitality
• Commercial Offices
• Retail & Logistics
• Banking & Financial Institutes
• Government & Transportation
• Educational Institutes
• Regions:
o West Region
o North Region
o South Region
o East Region

1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumption
3 Global Elevator & Escalator Market Overview
3.1 Global Elevator & Escalator Market Revenues (2014-2023F)
3.2 Global Elevator & Escalator Market Volume (2014-2023F)
3.3 Global Elevator & Escalator Maintenance Market Revenues Share, By Region (2016)
4 India Elevator & Escalator Market Overview
4.1 India Elevator & Escalator Market Revenues (2014-2023F)
4.2 India Elevator & Escalator Market Volume (2014-2023F)
4.3 India Elevator & Escalator Market Industry Life Cycle
4.4 India Elevator & Escalator Market Opportunistic Matrix, (2016)
4.5 India Elevator & Escalator Market Porter’s Five Forces Analysis
4.6 India Elevator & Escalator Market Revenues Share, By Types (2016 & 2023F)
4.7 India Elevator & Escalator Market Revenues Share, By Services (2016 & 2023F)
4.8 India Elevator & Escalator Market Revenues Share, By Applications (2016 & 2023F)
4.9 India Elevator & Escalator Market Revenues Share, By Region (2016 & 2023F)
5 India Elevator & Escalator Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.2.1 Construction of High Rise Buildings
5.2.2 Increase in Infrastructural Development
5.3 Market Restraints
5.3.1 High Cost
6 India Elevator & Escalator Market Trends
6.1 Destination Selection Control
6.2 Green Elevators and Escalators
6.3 High Speed Elevators
6.4 Double Deck Elevators
7 India Elevator Market Overview
7.1 India Elevator Market Revenues & Volume (2014-2023F)
7.2 India Elevator Market Revenues, By Geared Type
7.3 India Elevator Market Revenues, By Gearless and Machine Room Less Type
7.4 India Elevator Market Revenues, By Services
7.5 India Elevator Market Revenues, By Application
8 India Escalator Market Overview
8.1 India Escalator Market Revenues & Volume (2014-2023F)
8.2 India Escalator Market Revenues, By Moving Stair Types
8.3 India Escalator Market Revenues, By Moving Walkway Types
8.4 India Escalator Market Revenues, By Services
8.5 India Escalator Market Revenues, By Applications
9 India Elevator & Escalator Services Market Overview
9.1 India Elevator & Escalator New Installation Market Revenues (2014-2023F)
9.2 India Elevator & Escalator Maintenance Market Revenues (2014-2023F)
10 India Elevator & Escalator Application Market Overview
10.1 India Elevator & Escalator Residential Market Revenues (2014-2023F)
10.2 India Elevator & Escalator Industrial Market Revenues (2014-2023F)
10.3 India Elevator & Escalator Commercial Market Revenues (2014-2023F)
10.3.1 India Elevator & Escalator Commercial Market Revenues, By Types
11 India Elevator & Escalator Regional Market Overview
11.1 India Elevator & Escalator West Region Market
11.2 India Elevator & Escalator South Region Market
11.3 India Elevator & Escalator North Region Market
11.4 India Elevator & Escalator East Region Market
12 Competitive Landscape
12.1 India Elevator & Escalator Market, By Company
12.2 Competitive Benchmarking, By Operating Parameters
13 Company Profiles
13.1 KONE Elevator India Private Limited
13.2 Schindler India Private Limited
13.3 Thyssenkrupp Elevator India Pvt. Ltd.
13.4 Mitsubishi Elevators India Limited
13.5 Otis Elevator Company India Limited
13.6 Toshiba Elevator India Pvt. Ltd.
13.7 Hitachi Lift India Pvt. Ltd.
13.8 Fujitec India Private Limited
13.9 Kinetic Hyundai Elevator & Movement Technologies Ltd.
13.10 Johnson Lifts and Escalator
14 Key Strategic Pointers
15 Disclaimer

List of Figures
Figure 1 Global Elevator & Escalator Market Revenues, $ Billion (2014-2023F)
Figure 2 Global Elevator & Escalator Market Volume, In Billion (2014-2023F)
Figure 3 Global Elevator & Escalator Market Revenues Share (2016)
Figure 4 India Elevator & Escalator Market Revenues, $ Billion (2014-2023F)
Figure 5 India Elevator & Escalator Market Volume, In Thousand Units (2014-2023F)
Figure 6 India Elevator & Escalator Industry Life Cycle
Figure 7 India Elevator & Escalator Opportunistic Matrix (2016)
Figure 8 India Elevator & Escalator Market Revenues Share, By Type (2016 & 2023F)
Figure 9 India Elevator & Escalator Market Revenues Share, By Services (2016 & 2023F)
Figure 10 India Elevator & Escalator Market Revenues Share, By Application (2016 & 2023F)
Figure 11 India Elevator & Escalator Market Revenues Share, By Region (2016 & 2023F)
Figure 12 India Elevator Market Revenues & Volume (2014-2023F)
Figure 13 India Geared Elevator Market, $ Million (2014-2023F)
Figure 14 India Gearless and Machine Room Less Elevator Market, $ Million (2014-2023F)
Figure 15 India Elevator New Installation Market Revenues, $ Billion (2014-2023F)
Figure 16 India Elevator Maintenance Market Revenues, $ Million (2014-2023F)
Figure 17 India Residential Elevator Market Revenues, $ Million (2014-2023F)
Figure 18 India Industrial Elevator Market Revenues, $ Million (2014-2023F)
Figure 19 India Commercial Elevator Market Revenues, $ Million (2014-2023F)
Figure 20 India Escalator Market Revenues & Volume, (2014-2023F)
Figure 21 India Moving Stairs Escalator Market Revenues, $ Million (2014-2023F)
Figure 22 India Moving Walkways Escalator Market Revenues, In Thousands (2014-2023F)
Figure 23 India New Installation Escalator Market Revenues, $ Million (2014-2023F)
Figure 24 India Maintenance Escalator Market Revenues, $ Million (2014-2023F)
Figure 25 India Commercial Escalator Market Revenues, By Government & Transportation Type $ Million (2014-2023F)
Figure 26 India Commercial Escalator Market Revenues, By Retail & Logistics Type $ Million (2014-2023F)
Figure 27 India Elevator & Escalator New Installation Market Revenues, $ Million (2014-2023F)
Figure 28 India Elevator & Escalator Maintenance Market Revenues, $ Million (2014-2023F)
Figure 29 India Elevator & Escalator Residential Market Revenues, $ Million (2014-2023F)
Figure 30 India Elevator & Escalator Industrial Market Revenues, $ Million (2014-2023F)
Figure 31 India Elevator & Escalator Commercial Market Revenues, $ Million (2014-2023F)
Figure 32 India Healthcare & Hospitality Market Revenues, $ Million (2014-2023F)
Figure 33 India Commercial Offices Market Revenues, $ Million (2014-2023F)
Figure 34 India Banking & Financial Institute Market Revenues, $ Million (2014-2023F)
Figure 35 India Government Projects Market Revenues, $ Million (2014-2023F)
Figure 36 India Educational Institute Market Revenues, $ Million (2014-2023F)
Figure 37 India Retail & Logistics Market Revenues, $ Million (2014-2023F)
Figure 38 India Western Region Market Revenues, $ Million (2014-2023F)
Figure 39 India Southern Region Market Revenues, $ Million (2014-2023F)
Figure 40 India Northern Region Market Revenues, $ Million (2014-2023F)
Figure 41 India Eastern Region Market Revenues, $ Million (2014-2023F)
Figure 42 India Elevator & Escalator Market Revenues Share, (2016)
Figure 43 KONE Elevator India Private Limited Sales by Services (2016)
Figure 44 Schindler India Private Limited Sales by Region (2016)
Figure 45 Thyssenkrupp Elevator India Pvt. Ltd. Sales by Region (2016)
Figure 46 Mitsubishi Elevators India Limited Sales by Business Segment (2016)
Figure 47 Otis Elevator Company India Limited Sales by Geography (2016)
Figure 48 Hitachi Lift India Pvt. Ltd. Share of Revenues by Business Segment (2016)
Figure 49 Fujitec India Private Limited Sales by Geographical Area (2016)
Figure 50 Kinetic Hyundai Elevator & Movement Technologies Ltd. Revenues by Services (2016)

List of Tables
Table 1 Skyscrapers in India (Under Construction)
Table 2 Upcoming/Under Construction Metro Projects in India
Table 3 Under Construction/Upcoming Airports in India
Table 4 Buildings with High Speed Elevators
Table 5 Companies offering High Speed Elevator
Table 6 India Commercial Elevator Market Revenues, By Types, $ Million (2014-2023F)
Table 7 Upcoming Residential Buildings
Table 8 SEZs in India (2016)
Table 9 Elevator Capacity of High Rise Buildings
Table 10 Under Construction/ Upcoming High Rise Buildings in Western region
Table 11 Competitive Benchmarking, by Operating Parameters
Table 12 Toshiba Elevator India Pvt. Ltd. Business Review, by Segment (2016)
Table 13 Upcoming High Rise Buildings

India Elevator & Escalator Market (2017-2023) report graph

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India Elevator & Escalator Market (2017-2023)-6wresearch


India Elevator & Escalator Market is projected to grow at a CAGR of 8.1% during 2017-23 – 6Wresearch

Elevator & Escalator market in India has registered growth in last few years on the back increase in number of high rise buildings, expansion and construction of airports and metros, construction of malls and hotels across the country especially in tier 1 & 2 cities, and increasing acceptance in residential sector.

According to 6Wresearch, India Elevator & Escalator Market is projected to grow at a CAGR of 8.1% during 2017-23. In the year 2016, the market declined and a similar trend is expected in 2017 due to decline in construction industry and demonetization of the Indian currency. Demonetization is likely to impact the spending, which would further affect the purchasing decisions of the end users; however, market is expected to recover in 2018.

Major market of elevator & escalator is driven by new installations, but maintenance segment is also recording growth due to increasing number of installed base across the country. Western region dominates the market followed by Southern region. In the coming years, eastern region is expected to witness key growth as a result of new development projects.

According to Shefali Goel, Research Analyst, Research and Consulting, 6Wresearch, “government investments for the development of new airports and metros in different cities has given the major boost to the market demand for elevators and escalators.”

“Further, government of India projects such as Smart City and AMRUT would create additional market for elevators and escalators across the country,” Shefali further added.

According to Aditi Sharma, Research Associate, Research and Consulting, 6Wresearch, “the usage of destination dispatch technology is anticipated to improve the efficiency of the elevators. The usage of this technology becomes more critical in high rise buildings. In the forecast period, the adoption of this technology would surge owing to increase in number of high rise buildings in the country.”

“Along with the dispatch technology, the market is exhibited to witness demand for high speed elevators to improve the overall performance and efficiency of elevators,” Aditi concluded.

Key players in India’s elevator & escalator market includes- Kone, Schindler, ThyssenKrupp, Otis, Mitsubishi, Toshiba, Hitachi, Fujitec, Kinetic Hyundai, and Johnson Lifts.

“India Elevator & Escalator Market (2017-2023)” provides in-depth analysis of India Elevator & Escalator Market covered in more than 110 pages. The report estimates and forecast overall India elevator & escalator market by revenue, volume, segments such as new installation, maintenance and modernization, regions and applications such as residential, commercial and industrial sectors. The report also gives the insights on market share by companies, companies benchmarking, company profiles, market drivers and restraints.

Source Link: http://www.6wresearch.com/press-releases/india-elevator-escalator-market-share-trends-size-growth-opportunity-forecasts-cagr-players-media-news.html

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India Switchgear Market (2017-2022)-6Wresearch


Rising Investments in Power Infrastructure, Government Initiatives and Developing Commercial and Industrial Sectors would boost the Demand for Switchgears in India – 6Wresearch

With government’s focus to provide adequate power infrastructure to its citizen, power sector is expected to reflect strong growth in future. Schemes like UDAY, IPDS, DDUGJY and Power for All are the prime pillars which are expected to spur the overall power sector. According to Ministry of Power, in 2015-16 alone, around 7,108 village have been electrified which is 37% higher than past 3 years. Further, with rise of commercial and industrial sectors and initiative such as Make in India, the switchgear market is poised to continue on the path of growth in the near future.

According to 6Wresearch, India switchgear market is projected to reach $3.7 Billion by 2022. India Switchgear market is anticipated to witness robust growth during the forecast period as a result of development of power infrastructure due to surging power demand from industrial, commercial and residential sectors. Low voltage switchgear holds the major revenue share on account of increasing homes, commercial buildings and industrial facilities with rising urban population.

According to Ravi Bhandari, Research Analyst, 6Wresearch, “By 2022, Gas Insulated Switchgear (GIS) is projected to register highest growth rate amongst all due to their ability to be installed in harsh conditions and constrained spaces and require minimum maintenance.”

“Other types of switchgears such as solid insulated switchgear is also anticipated to witness growth owing to their smaller footprint and environment friendly nature in comparison to Air Insulated Switchgear (AIS) and Gas Insulated Switchgear (GIS)” Ravi further added.

According to Prakhar Srivastava, Research Associate, 6Wresearch, “Power utilities accounted for the major revenue share in India switchgear market and would continue to dominate the market by 2022 with growing investments in power transmission & distribution sector in the country”

“Industrial and Residential sectors are other key contributing verticals in India switchgear market owing to growing residential buildings and manufacturing activities across the country” Prakhar further added.

Some of the major companies in India Switchgear market include- GE, Schneider, Siemens, ABB, BHEL, and L&T.

“India Switchgear Market (2017–2022)” provides in-depth analysis with 72 figures and 18 tables covered in more than 140 pages. The report estimates and forecast overall India switchgear market by revenues, volume, voltage and type of switchgear and verticals such as Industrial, Power Utilities, Residential, Commercial and Infrastructure & Transportation and regions. The report also gives the insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

India Switchgear Market (2017-2022) report graph

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Saudi Arabia Electronic Security Market-6Wresearch


Rising Security Concerns, Surging Security Spending and Large Scale Infrastructure Development to Boost the Demand for Electronic Security Systems in Saudi Arabia – 6Wresearch

Infrastructure development in Saudi Arabia is accelerating at a rapid pace on account of government initiatives for economic diversification. However, with infrastructure development, country is also facing serious threats from the rising terrorism in the Middle East region. Electronic security market in the country is expected to witness significant growth owing to growing security concerns due to terrorist attacks, increasing security & IT spending, surging public & private infrastructures and need for advanced security systems.

According to 6Wresearch, Saudi Arabia Electronic Security market is forecast to grow at CAGR of 14.4% during 2015-21. Electronic security systems such as video surveillance, access control and intrusion detection are installed at all major areas such as airports, metros, malls, manufacturing plants, banks, oil & gas, commercial offices and residential apartments to provide more secure and safer environment.

According to “Prijo Samuel, Senior Research Analyst, Research and Consulting, 6Wresearch,” Video surveillance systems have captured majority of the share in Saudi Arabia’s electronic security market and is anticipated to grow at significant pace during the forecast period.

“Additionally, access control, video surveillance and intrusion detection systems are integrated together to provide enhanced security, reduce possible intrusion and to improve the level of security.” Samuel further added.

According to “Ravi Bhandari, Research Associate, Research and Consulting, 6Wresearch,” Video surveillance systems would remain the largest segment in overall electronic security market in Saudi Arabia. IP based video surveillance systems holds the key share in overall video surveillance market and is forecast to remain dominant segment during 2015-21.

Access control systems accounts for second largest revenue share in Saudi Arabia’s electronic security market. In the overall access control market, card based access control systems contributes majority of the market revenue. However, share of card based access control system is exhibited to decline due to expected adoption of biometric systems.

Some of the major companies in Saudi Arabia’s electronic security market include- Axis Communications, Lenel Systems, Honeywell, Bosch Security Systems, Siemens, Pelco, Samsung Techwin, Tyco, Hikvision, Arecont Vision and Avigilon.

Saudi Arabia Electronic Security Market (2015-2021)” provides in-depth analysis with 50 figures and 22 tables covered in more than 120 pages. The report estimates and forecast overall Saudi Arabia electronic security market by revenue, types of electronic security systems and verticals such as banking & financial, government & transportation, commercial offices, retail & logistics, industrial & manufacturing, residential, hospitality & healthcare and educational institutions. The report also gives the insights on competitive landscape, market share by companies, companies benchmarking, company profiles, market drivers and restraints.

Saudi Arabia Electronic Security Market (2015-2021) image graph

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