Qatar Elevator and Escalator Market Analysis, 2020

By Type (Elevator, Escalator), By Service (New Installation, Modernization, Maintenance), By End User (Residential, Commercial, Retail, Health Care, Hospitality, Government & Transportation, Others),... ... portation, Others), By Region (West, East, Central, South), By Company Read more

  • Buildings, Construction, Metals & Mining
  • Jan 2020
  • 126
  • PDF, Excel, PPT

Political stability, high-quality infrastructure, and low corporate tax rates have positively impacted the number of foreign direct investments in the country. Moreover, the upcoming events such as FIFA World Cup 2022 is projected to boost the number of foreign investors in the country. Hence, it is projected to strongly contribute to the growth of Qatar elevator and escalator market in the forthcoming period.

According to the MarkNtel Advisors’ research report titled “Qatar Elevator and Escalator Market Analysis, 2020”, the Elevator and Escalator market are projected to register a CAGR of around 5% during 2020-25. The elevator segment acquired the highest market share in the Qatar Elevator and Escalator market in 2019. The maximum market share is attributed to the extensive establishment of residential towers, commercial offices, hotels, etc. Moreover, the revival of crude oil prices in 2017 positively impacted the growth of the construction sector, thereby strongly contributing to the growth of the Qatar Elevator and Escalator market.

Moreover, the new installation services captured a significant market share in the Qatar Elevator and Escalator market. The increasing construction activities in the country on an account of the Qatar National Vision 2030 and FIFA World Cup 2022 are anticipated to boost the installation of elevators and escalators in the country.

As per MarkNtel Advisors’ study, the companies that have captured a significant market share in the Qatar Elevator and Escalator market include Fujitec, Hyundai, Kleemann Group, Otis, Hitachi, etc.

1.     Introduction

1.1.   Product Definition

1.2.   Research Process

1.3.   Assumptions

1.4.   Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Macroeconomic Outlook

5.     Qatar Elevator & Escalator Market Analysis, 2015-2025F

5.1.   Market Size & Analysis

5.1.1. Market Revenues

5.2.   Market Share & Analysis

5.2.1. By Type

5.2.1.1.  Elevator

5.2.1.2.  Escalator

5.2.2. By Service

5.2.2.1.  New Installation

5.2.2.2.  Modernization

5.2.2.3.  Maintenance

5.2.3. By End User

5.2.3.1.  Residential

5.2.3.2.  Commercial

5.2.3.3.  Retail

5.2.3.4.  Health Care

5.2.3.5.  Hospitality

5.2.3.6.  Government & Transportation

5.2.3.7.  Others

5.2.4. By Region

5.2.4.1.  Al Khor

5.2.4.2.  Ad Dawhah

5.2.4.3.  Al Wakrah

5.2.4.4.  Al Rayyan

5.2.5. By Company

5.2.5.1.  Revenue Shares

5.2.5.2.  Strategic Factorial Indexing

5.2.5.3.  Competitor Placement in MarkNtel Quadrant

6.     Qatar Elevator Market Analysis, 2015- 2025F

6.1.   Market Size & Analysis

6.1.1. Market Revenues

6.1.2. Units Sold

6.2.   Market Share & Analysis

6.2.1. By Type

6.2.1.1.  Traction

6.2.1.2.  Hydraulic

6.2.1.3.  Machine Room less

6.2.2. By Service

6.2.3. By Speed

6.2.4. By End User

7.     Qatar Escalator Market Analysis, 2015- 2025F

7.1.   Market Size & Analysis

7.1.1. Market Revenues

7.1.2. Units Sold

7.2.   Market Share & Analysis

7.2.1. By Type

7.2.1.1.  Moving Walkway

7.2.1.2.  Moving Stairs

7.2.2. By Service

7.2.3. By End User

8.     Qatar Elevator & Escalator Market Attractiveness Indexing

8.1.1. By Type

8.1.2. By Service

8.1.3. By Region

8.1.4. By End User

9.    Qatar Elevator & Escalator Market Regulations, Norms, & Product Standards

10.  Qatar Elevator & Escalator Market Trends & Developments

11.  Qatar Elevator & Escalator Market Dynamics

11.1.Impact Analysis

11.2.Drivers

11.3.Challenges

12.  Qatar Elevator & Escalator Imports Exports Statistics

13.  Qatar Elevator & Escalator Market Winning Strategies, 2019

13.1.Investment Scenario

13.2.Hotspots

14.  Tax Structure

15.  Competitive Benchmarking

15.1.Competition Matrix

15.1.1. Product Portfolio

15.1.2. Target Markets

15.1.3. Target End Users

15.1.4. Research & Development

15.1.5. Strategic Alliances

15.1.6. Strategic Initiatives

15.2.Company Profiles (Business Description, Product Offering, Strategic Alliances or Partnerships, etc)

15.2.1.   Thyssenkrupp Elevator Qatar

15.2.2.   Otis Elevator

15.2.3.   Hyundai Elevator

15.2.4.   Toshiba Elevator

15.2.5.   Hitachi Elevator

15.2.6.   Kone Middle East LLC

15.2.7.   Fujitec Co. Ltd.

15.2.8.   ETA-MELCO Elevator

15.2.9.   Kleemann Group

15.2.10. Schindler

16.  Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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