Qatar Elevator and Escalator Market Analysis, 2020

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.

Key Questions Answered in the Market Research Report 

1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Qatar Elevator and Escalator market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Qatar Elevator and escalator market?  
4. Who are the key competitors or market players and how they perform in Qatar Elevator and Escalator on the basis of competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Qatar Elevator and Escalator market study?   

Market Outlook, Segmentation and Statistics 

• Market Size & Analysis
  • Market Revenues
• Market Share & Analysis
  • By Type
    • Elevator
    • Escalator
  • By Service
    • New Installation
    • Modernization
    • Maintenance
  • By End User
    • Residential
    • Commercial
    • Retail
    • Health Care
    • Hospitality
    • Government & Transportation
    • Others
  • By Region
    • Al Khor
    • Ad Dawhah
    • Al Wakrah
    • Al Rayyan
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
• Qatar Elevator Market Analysis, 2015- 2025 (USD Million)
• Qatar Escalator Market Analysis, 2015- 2025 (USD Million)
• Qatar Elevator & Escalator Market Attractiveness Indexing
• Qatar Elevator & Escalator Market Regulations, Norms, & Product Standards
• Qatar Elevator & Escalator Imports Exports Statistics
• Qatar Elevator & Escalator Market Winning Strategies, 2019
  • Investment Scenario
  • Hotspots
• Tax Structure
• Competitive Benchmarking
  • Competition Matrix
  • Company profile

Frequently Asked Questions 

Q. What is the historical year, base year and forecast year considered in the research report on Qatar Elevator & Escalator Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.

Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million, while the market volume is measured in terms of units sold.     

Q. What would be the growth rate or CAGR of Qatar Elevator and Escalator market during 2020-25?
A. The growth rate of Qatar Elevator and Escalator market during 2020-25 is forecast to be 5%.

Q. Which type of Elevator and Escalator services would grab the highest market share during 2020-25?
A. It is forecast that the elevator segment captured the highest market share in the Qatar Elevator and Escalator market on account of the increasing infrastructure developments in the country. 

Q. Who are the key competitors or players operating in Qatar Elevator and Escalator market? 
A. Fujitec, Hyundai, Kleemann Group, Otis, Hitachi are few of the leading players in the Qatar Elevator and Escalator market.

Q. Which end user segment would emerge as an opportunity area for players in elevator and escalator?
A. Retail, Residential and Hospitality sector would continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of elevator and escalator across Qatar.