Kuwait Elevator and Escalator Market (2019-2025): Market Forecast By Types ( Elevator and Escalator), By Applications (Commercial, Industrial and Residential), By Services (New Installation, Maintenance and Modernization), By Regions (Kuwait and Rest of Kuwait) and Competitive Landscape
Under the Kuwait National Development Plan 2035 initiative, efforts are being made to transform the oil dependent economy of the country to a non-oil dependent one. Additionally, overall increased government spending would result in substantial infrastructural development across several sectors of the economy over the coming years. The recovery in oil prices has also led to the rejuvenation of the construction sector in the nation and around 700 projects are currently in the development stage in Kuwait, with a combined value of approximately $230 billion. Hence, the elevator and escalator market of Kuwait is predicted to experience a healthy growth in such domains in the years to come.
Kuwait Elevator and Escalator market is projected to grow at a CAGR of 5.5% during 2019-25. Significant investment for the implementation of Kuwait National Development Plan 2035 initiative by the government and development of large-scale projects such as the expansion of Kuwait International Airport Terminal 2, Kuwait metro rail project and several other commercial and residential projects, would drive the demand over the coming years.
In Kuwait, the commercial application segment is expected to dominate the overall market during the forecast period owing to ambitious initiatives by Kuwait government to diversify the economy and strengthen the non-oil sector infrastructure, creating new avenues for the application of elevators and escalators in the commercial domain in future.
The report provides the market by types, services, 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 devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Market Size and Market Forecast until 2025
Historical Data of Kuwait Elevator and Escalator Market Revenues, by Types, for the Period 2015-2018
Market Size & Forecast of Kuwait Elevator and Escalator Market Revenues, by Types, until 2025
Historical Data of Kuwait Elevator and Escalator Market Revenues, by Services, for the Period 2015-2018
Market Size & Forecast of Kuwait Elevator and Escalator Market Revenues, by Services, until 2025
Historical Data of Kuwait Elevator and Escalator Market Revenues, by Applications, for the Period 2015-2018
Market Size & Forecast of Kuwait Elevator and Escalator Market Revenues, by Applications, until 2025
Historical Data of Kuwait Elevator and Escalator Market Revenues, by Regions, for the Period 2015-2018
Market Size & Forecast of Kuwait Elevator and Escalator Market Revenues, by Regions, until 2025
Market Drivers and Restraints
Market Trends
Industry Life Cycle
Porters Five Force Analysis
Market Opportunity Assessment
Market Share, by Players
Market Overview on Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Types
o Elevator
o Escalator
By Applications
o Commercial
o Industrial
o Residential
By Services
o New Installation
o Maintenance
o Modernization
By Regions
o Kuwait
o Rest of Kuwait
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of The Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Kuwait Elevator & Escalator Market Overview
3.1. Kuwait Country Indicators
3.2. Kuwait Elevator & Escalator Market Revenues & Volumes
3.3. Kuwait Elevator & Escalator Market - Industry Life Cycle, 2018
3.4. Kuwait Elevator & Escalator Market - Porters Five Forces
3.5. Kuwait Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F
3.6. Kuwait Elevator & Escalator Market Revenue Share, By Services, 2018 & 2025F
3.7. Kuwait Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F
3.8. Kuwait Elevator & Escalator Market Revenue Share, By Regions, 2018 & 2025F
4. Kuwait Elevator & Escalator Market Dynamics
4.1. Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Kuwait Elevator & Escalator Market Trends
6. Kuwait Elevator Market Overview
6.1. Kuwait Elevator Market Revenues & Volume, 2015-2025F
6.1.1. Kuwait Elevator Market Revenues & Volume Share, By Types, 2018 & 2025F
6.1.1.1. Kuwait Elevator Market Revenues & Volume, By Types, 2015-2025F
6.1.2. Kuwait Elevator Market Revenues Share, By Speed, 2018 & 2025F
6.1.2.1. Kuwait Elevator Market Revenues, By Speed, 2015-2025F
6.1.3. Kuwait Elevator Market Revenues Share, By Stops, 2018 & 2025F
6.1.3.1. Kuwait Elevator Market Revenues, By Stops, 2015-2025F
6.1.4. Kuwait Elevator Market Revenue Share, By Applications, 2018 & 2025F
6.1.4.1. Kuwait Elevator Market Revenues, By Applications, 2015-2025F
6.1.5. Kuwait Elevator Market Revenues Share, By Services, 2018 & 2025F
6.1.5.1. Kuwait Elevator Market Revenues, By Services, 2015-2025F
7. Kuwait Escalator Market Overview
7.1. Kuwait Escalator Market Revenues & Volume
7.1.1. Kuwait Escalator Market Revenues & Volume Share, By Types, 2018 & 2025F
7.1.1.1. Kuwait Escalator Market Revenues & Volume, By Types, 2015-2025F
7.1.2. Kuwait Escalator Market Revenues Share, By Services, 2018 & 2025F
7.1.2.1. Kuwait Escalator Market Revenues, By Services, 2015-2025F
8. Kuwait Elevator & Escalator Market Overview, By Services
8.1. Kuwait Elevator & Escalator Market Revenues, By New Installation, 2015-2025F
8.2. Kuwait Elevator & Escalator Market Revenues, By Modernization, 2015-2025F
8.3. Kuwait Elevator & Escalator Market Revenues, By Maintenance, 2015-2025F
9. Kuwait Elevator & Escalator Market Overview, By Applications
9.1. Kuwait Elevator & Escalator Market Revenues, By Residential Application, 2015-2025F
9.1.1. Kuwait Residential Sector Outlook
9.2. Kuwait Elevator & Escalator Market Revenues, By Commercial Application, 2015-2025F
9.2.1. Kuwait Commercial Sector Outlook
9.3. Kuwait Elevator & Escalator Market Revenues, By Industrial Application, 2015-2025F
9.3.1. Kuwait Industrial Sector Outlook
10. Kuwait Elevator & Escalator Market Overview, By Regions
10.1. Kuwait City Elevator & Escalator Market Revenues, 2015-2025F
10.2. Rest of Kuwait Elevator & Escalator Market Revenues, 2015-2025F
11. Kuwait Elevator & Escalator Market Key Performance Indicators
11.1. Kuwait Government Spending Outlook
11.2. Major Construction Projects in Kuwait
11.3. Kuwait Hospitality Sector Outlook
11.4. Kuwait Transportation Sector Outlook
12. Kuwait Elevator & Escalator Market Opportunity Assessment
12.1. Kuwait Elevator & Escalator Market Opportunity Assessment, By Types, 2025F
12.2. Kuwait Elevator & Escalator Market Opportunity Assessment, By Services, 2025F
12.3. Kuwait Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F
13. Kuwait Elevator & Escalator Market Competitive Landscape
13.1. Competitive Benchmarking, By Products
13.2. Competitive Benchmarking, By Company Presence
13.2. Kuwait Elevator & Escalator Market Revenue Share, By Company, 2018
14. Company Profiles
14.1. Otis Elevator Company
14.2. KONE Corporation
14.3. Thyssenkrupp AG
14.4. Hyundai Elevator Co. Ltd
14.5. AG Melco Elevator Co., LLC
14.6. Hitachi, Ltd.
14.7. SIGMA Elevator Company
15. Key Strategic Recommendations
16. Disclaimer
List Of Tables
1. Kuwait Elevator Market Revenues, By Speed, 2015-2025F ($ Million)
2. Kuwait Elevator Market Revenues, By Stops, 2015-2025F ($ Million)
3. Kuwait Elevator Market Revenues, By Applications, 2015-2025F ($ Million)
4. Kuwait Elevator Market Revenues, By Services, 2015-2025F ($ Million)
5. Kuwait Escalator Market Revenues, By Services, 2015-2025F ($ Million)
6. Kuwait Upcoming Residential Projects
7. Upcoming Industrial Projects In Kuwait
8. Kuwait Upcoming Hospitality Projects
List Of Figures
1. Kuwait Elevator & Escalator Market Revenues & Volume, 2015-2025F ($ Million, Units)
2. Kuwait Elevator & Escalator Market - Industry Life Cycle, 2018
3. Kuwait Elevator & Escalator Market Revenue Share, By Types, 2018 & 2025F
4. Kuwait Elevator & Escalator Market Revenue Share, By Services, 2018 & 2025F
5. Kuwait Elevator & Escalator Market Revenue Share, By Applications, 2018 & 2025F
6. Kuwait Elevator & Escalator Market Revenue Share, By Regions, 2018 & 2025F
7. Kuwait Construction Sector Growth Rate, 2016 - 2018 (%)
8. Kuwait Non-Oil Revenues, 2017-2019E ($ Billion)
9. Average Brent Spot Crude Oil Price, 2012-2019E ($ per Barrel)
10. Kuwait Elevator Market Revenues, 2015-2025F ($ Million)
11. Kuwait Elevator Market Volume, 2015-2025F (Units)
12. Kuwait Elevator Market Revenue Share, By Types, 2018 & 2025F
13. Kuwait Elevator Market Volume Share, By Types, 2018 & 2025F
14. Kuwait Machine Room Elevator Market Revenues & Volume, 2015-2025F ($ Million, Units)
15. Kuwait Machine Room Less Elevator Market Revenues & Volume, 2015-2025F ($ Million, Units)
16. Kuwait Elevator Market Revenue Share, By Speed, 2018 & 2025F
17. Kuwait Elevator Market Revenue Share, By Stops, 2018 & 2025F
18. Kuwait Elevator Market Revenue Share, By Applications, 2018 & 2025F
19. Kuwait Elevator Market Revenue Share, By Services, 2018 & 2025F
20. Kuwait Escalator Market Revenues, 2015-2025F ($ Million)
21. Kuwait Escalator Market Volume, 2015-2025F (Units)
22. Kuwait Escalator Market Revenue Share, By Types, 2018 & 2025F
23. Kuwait Escalator Market Volume Share, By Types, 2018 & 2025F
24. Kuwait Moving Stair Escalator Market Revenues & Volume, 2015-2025F ($ Million, Units)
25. Kuwait Moving Walkway Escalator Market Revenues & Volume, 2015-2025F ($ Million, Units)
26. Kuwait Escalator Market Revenue Share, By Services, 2018 & 2025F
27. Kuwait New Installation Elevator & Escalator Market Revenue Share, 2018 & 2025F
28. Kuwait Elevator & Escalator New Installation Market Revenues, 2015-2025F ($ Million)
29. Kuwait Elevator & Escalator Modernization Market Revenue Share, 2018 & 2025F
30. Kuwait Elevator & Escalator Modernization Market Revenues, 2015-2025F ($ Million)
31. Kuwait Elevator & Escalator Maintenance Market Revenue Share, 2018 & 2025F
32. Kuwait Elevator & Escalator Maintenance Market Revenues, 2015-2025F ($ Million)
33. Kuwait Residential Application Elevator & Escalator Market Revenue Share, 2018 & 2025F
34. Kuwait Residential Application Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
35. Kuwait Commercial Application Elevator & Escalator Market Revenue Share, 2018 & 2025F
36. Kuwait Commercial Application Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
37. Kuwait International Tourist Arrivals, 2013-24F (Thousand)
38. Kuwait Industrial Application Elevator & Escalator Market Revenue Share, 2018 & 2025F
39. Kuwait Industrial Application Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
40. Kuwait City Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
41. Rest of Kuwait Elevator & Escalator Market Revenues, 2015-2025F ($ Million)
42. Kuwait Actual Government Spending Vs Actual Government Revenues, 2015-2024F (AED Billion)
43. Kuwait Upcoming Government Funded Transportation Projects
44. Kuwait Elevator & Escalator Market Opportunity Assessment, By Types, 2025F
45. Kuwait Elevator & Escalator Market Opportunity Assessment, By Services, 2025F
46. Kuwait Elevator & Escalator Market Opportunity Assessment, By Applications, 2025F
47. Kuwait Elevator & Escalator Market Revenue Share, By Company, 2018
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