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Kuwait Elevator And Escalator Market Outlook (2021-2027): Market Forecast By Types Product (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairways, Moving Walkways)), By Services (Maintenance, Modernization), By Application (Residential, Commercial, Industrial), By Regions (Northern (Abdali, Ar Rawdatayn, Bubiyan), Southern (Al Maqwa, Al Wafrah, Al Ahmadi), Central (Al Jahrah, Al Abraq, Al Farwahniya, Salemy)) And Competitive Landscape

Kuwait Elevator And Escalator Market Outlook (2021-2027): Market Forecast By Types Product (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairways, Moving Walkways)), By Services (Maintenance, Modernization), By Application (Residential, Commercial, Industrial), By Regions (Northern (Abdali, Ar Rawdatayn, Bubiyan), Southern (Al Maqwa, Al Wafrah, Al Ahmadi), Central (Al Jahrah, Al Abraq, Al Farwahniya, Salemy)) And Competitive Landscape

Kuwait Elevator and Escalator Market report thoroughly covers the elevator and escalator market by types, service types, application, and regions. The report provides an unbiased and detailed analysis of the on-going Kuwait Elevator and Escalator Market trends, opportunities, high growth areas, market drivers, and market share by companies, which would help stakeholders to devise and align market strategies according to the current and future market dynamics.

Kuwait Elevator and Escalator Market Synopsis
Kuwait elevator and escalator market is expected to exhibit moderate growth during the forecast period owing to the government investment into the construction sector and infrastructural development such Bubiyan Island, Silk City project, Kuwait National Rail Project, international airport expansion and many more. The market witnessed a slowdown in 2020 owing to the ongoing pandemic of COVID-19 which resulted in halt in construction projects, suspension of economic activities and lockdown across the country. However, with the gradual recovery of the economic activities and relaxation in lockdown measures, the market is expected to regain its momentum during the forecast period.

According to 6Wresearch, Kuwait Elevator and Escalator Market size is projected to grow at CAGR of 5.1% during 2021-2027. Kuwait elevator and escalator market is expecting a moderate rise in the coming years, where the expansion in the construction market, upcoming transportation and hospitality sector projects would complement the growth. Further, by types, elevator accounted for the highest share in 2020 due to its wider scope in residential and commercial sectors.

Market by Elevator Type Analysis
By types, passenger and home elevators accounted for more than 90% of market revenues, with, home elevators leading the market. Passenger elevators account a significant portion of the overall elevator market revenues and volume in 2020 owing to rising urbanization and a growing retail sector in the country. Further, passenger elevator is expected to continue dominating the market revenue share in the overall Kuwait elevator market during the forecast period owing to increasing demand for vertical transportation solutions in domains such as shopping malls, hotels, and public transport infrastructure.

Market by Application Analysis
By applications, the residential segment is anticipated to grow at the highest rate in the overall market with 24% revenue share for elevators & escalators in the coming years owing to the upcoming housing ventures of high-rise buildings within the nation such as the Al-Ahmad Residential City project, MGP City Arrange, and Abdali City which would be a new urban community of 50,000 individuals. Further, with Kuwait's construction sector recapturing its force, unfaltering development is anticipated in the market.

Key Attractiveness of the Report
COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2017 to 2020.
Base Year: 2020
Forecast Data until 2027.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report
Kuwait Elevator and Escalator Market Overview
Kuwait Elevator and Escalator Market Outlook
Kuwait Elevator and Escalator Market Size
Kuwait Elevator and Escalator Market Forecast
Kuwait Elevator and Escalator Market Share
Historical Data and Forecast of Kuwait Elevator and Escalator Market Revenues for the Period 2017-2027F
Market Drivers and Restraints
Kuwait Elevator and Escalator Market Trends
Market Industry Life Cycle
Porter’s Five Forces Model
Market Opportunity Assessment
Market Player’s Revenue Shares
Market Competitive Benchmarking

Company Profiles
Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:

By Product Type
Elevator
Passenger
Cargo
Home
Escalator
Moving Stairways
Moving Walkways

By Service Type
Maintenance
Modernization
By Application
Commercial
Industrial
Residential

By Regions
Northern (Abdali, Ar Rawdatayn, Bubiyan)
Southern (Al Maqwa, Al Wafrah, Al Ahmadi)
Central (Al Jahrah, Al Abraq, Al Farwahniya, Salemy)
Table of Contents
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 and Escalator Market Overview
3.1. Kuwait Elevator and Escalator Market Revenues
3.1.1. Kuwait Elevator and Escalator New Installation Market Revenues and Volume, 2017-2027F
3.1.2. Kuwait Elevator and Escalator Service Market Revenues, 2017-2027F
3.2. Kuwait Elevator and Escalator Market-Industry Life Cycle
3.4. Kuwait Elevator and Escalator Market-Porter’s Five Forces
3.5. Kuwait Elevator and Escalator Market Revenue Share, By Product Type
3.6. Kuwait Elevator and Escalator Market Revenue Share, By Application
3.7. Kuwait Elevator and Escalator Market Revenue Share, By Regions
4. Impact Analysis of COVID-19 on Kuwait Elevator and Escalator Market
5. Kuwait Elevator and Escalator Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restrains
6. Kuwait Elevator and Escalator Market Trends & Evolution
7. Kuwait Elevator Market Overview
7.1. Kuwait Elevator Market Revenues, 2017-2027F
7.2. Kuwait Elevator New Installation Market Revenues and Volume, 2017-2027F
7.3. Kuwait Elevator New Installation Market Revenue and Volume Share, By Type, 2020 & 2027F
7.3.1. Kuwait Elevator New Installation Market Revenues & Volume, By Passenger Elevator, 2017-2027F
7.3.2. Kuwait Elevator New Installation Market Revenues & Volume, By Cargo Elevator, 2017-2027F
7.3.3. Kuwait Elevator New Installation Market Revenues & Volume, By Home Elevator, 2017-2027F
7.4. Kuwait Elevator Market Revenue Share, By Service Type, 2020 & 2027F
7.4.1. Kuwait Elevator Service Market Revenues, By Maintenance, 2017-2027F
7.4.2. Kuwait Elevator Service Market Revenues, By Modernization, 2017-2027F
7.5. Kuwait Elevator Market Revenue Share, By Application, 2020 & 2027F
7.5.1. Kuwait Elevator Service Market Revenues, By Commercial Application, 2017-2027F
7.5.2. Kuwait Elevator Service Market Revenues, By Industrial Application, 2017-2027F
7.5.3. Kuwait Elevator Service Market Revenues, By Residential Application, 2017-2027F
8. Kuwait Escalator Market Overview
8.1. Kuwait Escalator Market Revenues, 2017-2027F
8.2. Kuwait Escalator New Installation Market Revenues and Volumes, 2017-2027F
8.3. Kuwait Escalator New Installation Market Revenue and Volume Share, By Type, 2020 & 2027F
8.3.1. Kuwait Escalator New Installation Market Revenues and Volume, By Moving Stairway, 2017-2027F
8.3.2. Kuwait Escalator New Installation Market Revenues and Volume, By Moving Walkway, 2017-2027F
8.4. Kuwait Escalator Market Revenue Share, By Service Type, 2020 & 2027F
8.4.1. Kuwait Escalator Service Market Revenues, By Maintenance, 2017-2027F
8.4.2. Kuwait Escalator Service Market Revenues, By Modernization, 2017-2027F
8.5. Kuwait Escalator Market Revenue Share, By Application, 2020 & 2027F
8.5.1. Kuwait Escalator Market Revenues, By Residential Application, 2017-2027F
8.5.2. Kuwait Escalator Market Revenues, By Commercial Application, 2017-2027F
8.5.3. Kuwait Escalator Market Revenues, By Industrial Application, 2017-2027F
9. Kuwait Elevator and Escalator Market Revenues, By Application
9.1. Kuwait Elevator & Escalator Market Revenues, By Residential Application, 2017-2027F
9.2. Kuwait Elevator & Escalator Market Revenues, By Commercial Application, 2017-2027F
9.3. Kuwait Elevator & Escalator Market Revenues, By Industrial Application, 2017-2027F
10. Kuwait Elevator and Escalator Market Revenues, By Regions
10.1. Kuwait Elevator & Escalator Market Revenues, By Northern Region, 2017-2027F
10.2. Kuwait Elevator & Escalator Market Revenues, By Southern Region, 2017-2027F
10.3. Kuwait Elevator & Escalator Market Revenues, By Central Region, 2017-2027F
11. Kuwait Elevator and Escalator Market, Key Performance Indicators
12. Kuwait Elevator and Escalator Market Opportunity Assessment
12.1. Kuwait Elevator and Escalator Market Opportunity Assessment, By Product Type, 2027F
12.2. Kuwait Elevator Market Opportunity Assessment, By Types, 2027F
12.3. Kuwait Elevator Market Opportunity Assessment, By Application, 2027F
12.4. Kuwait Escalator Market Opportunity Assessment, By Types, 2027F
12.5. Kuwait Escalator Market Opportunity Assessment, By Application, 2027F
13. Kuwait Elevator and Escalator Market Competitive Landscape
13.1. Kuwait Elevator and Escalator Market Revenues Share, By Companies, 2020
13.2. Kuwait Elevator and Escalator Market Competitive Benchmarking, By Technical Parameters
13.3. Kuwait Elevator and Escalator Market Competitive Benchmarking, By Operating Parameters
14. Company Profiles
14.1. Otis Elevator Company
14.2. TK Elevator Kuwait
14.3. Hitachi Limited
14.4. Hyundai Elevator Co Ltd
14.5. Kone Corporation
14.6. Mitsubishi Electric Corporation
14.7. Fuji Lifts Kw
14.8. Modayan Elevators
14.9. Abyat Elevators
14.10. Golden Atlantic Company for Elevators & Escalators W.L.L.
15. Key Strategic Recommendations
16. Disclaimer

List of Figures
 Figure 1. Kuwait Elevator and Escalator Market Revenues, 2017-2027F (USD Million)
 Figure 2. Kuwait Elevator and Escalator New Installation Market Revenues and Volume, 2017-2027F (USD Million, Units)
 Figure 3. Kuwait Elevator and Escalator Service Market Revenues, 2017-2027F (USD Million)
 Figure 4. Kuwait Elevator and Escalator Market Revenue Share, By Product Type, 2020 & 2027F
 Figure 5. Kuwait Elevator and Escalator Market Revenue Share, By Application, 2020 & 2027F
 Figure 6. Kuwait Elevator and Escalator Market Revenue Share, By Regions, 2020 & 2027F
 Figure 7. Number of Tourist Arrival in Kuwait, (Million) 2016-2021
 Figure 8. Kuwait Elevator Market Revenues, 2017-2027F (USD Million)
 Figure 9. Kuwait Elevator New Installation Market Revenues, 2017-2027F (USD Million)
 Figure 10. Kuwait Elevator New Installation Market Volume, 2017-2027F (Units)
 Figure 11. Kuwait Elevator New Installation Market Revenue Share, By Type, 2020 & 2027F
 Figure 12. Kuwait Elevator New Installation Market Volume Share, By Type, 2020 & 2027F
 Figure 13. Kuwait Elevator Market Revenue Share, By Service Type, 2020 & 2027F
 Figure 14. Kuwait Elevator Market Revenue Share, By Application, 2020 & 2027F
 Figure 15. Kuwait Escalator Market Revenues, 2017-2027F (USD Million)
 Figure 16. Kuwait Escalator New Installation Market Revenues, 2017-2027F (USD Million)
 Figure 17. Kuwait Escalator New Installation Market Volume, 2017-2027F (Units)
 Figure 18. Kuwait Escalator New Installation Market Revenue Share, By Type, 2020 & 2027F
 Figure 19. Kuwait Escalator New Installation Market Volume Share, By Type, 2020 & 2027F
 Figure 20. Kuwait Escalator Market Revenue Share, By Service Type, 2020 & 2027F
 Figure 21. Kuwait Escalator Market Revenue Share, By Application, 2020 & 2027F
 Figure 22. Kuwait Residential & Non-Residential Building Industry Value, 2020-2025F
 Figure 23. Proposed Construction Projects By Sector (By Value), 2020
 Figure 24. Kuwait Elevator and Escalator Market Opportunity Assessment, By Product Type, 2027F
 Figure 25. Kuwait Elevator Market Opportunity Assessment, By Type, 2027F

List of Table
 Table 1. Upcoming Hotel Projects in Kuwait
 Table 2. Kuwait Construction and Infrastructure Data, 2021E-2030F
 Table 3. List of Upcoming Major Projects in Kuwait
 Table 4. Kuwait Building Projects Announced by Technical Bureau
 Table 5. Elevator and Escalator Maintenance Cost
 Table 6. Average Selling Price of Elevator and Escalator
 Table 7. Kuwait Elevator New Installation Market Revenues, By Type, 2017-2027F (USD Million)
 Table 8. Kuwait Elevator New Installation Market Volume, By Type, 2017-2027F (Units)
 Table 9. Kuwait Elevator Market Revenues, By Service Type, 2017-2027F (USD Million)
 Table 10. Kuwait Elevator Market Revenues, By Application, 2017-2027F (USD Million)
 Table 11. Kuwait Escalator New Installation Market Revenues, By Type, 2017-2027F (USD Million)
 Table 12. Kuwait Escalator New Installation Market Volume, By Type, 2017-2027F (Units)
 Table 13. Kuwait Escalator Market Revenues, By Service Type, 2017-2027F (USD Million)
 Table 14. Kuwait Escalator Market Revenues, By Application, 2017-2027F (USD Million)
 Table 15. Kuwait Elevator and Escalator Market Revenues, By Application, 2017-2027F (USD Million)
 Table 16. Kuwait Elevator and Escalator Market Revenues, By Regions, 2017-2027F (USD Million)

Report Title: Kuwait Elevator And Escalator Market Outlook (2021-2027): Market Forecast By Types Product (Elevator (Passenger, Cargo, Home), Escalator (Moving Stairways, Moving Walkways)), By Services (Maintenance, Modernization), By Application (Residential, Commercial, Industrial), By Regions (Northern (Abdali, Ar Rawdatayn, Bubiyan), Southern (Al Maqwa, Al Wafrah, Al Ahmadi), Central (Al Jahrah, Al Abraq, Al Farwahniya, Salemy)) And Competitive Landscape


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