Africa Elevators and Escalators Market Report 2019: Focus on Elevators (Passenger, Cargo Elevator and Home Elevator) & Escalators (Moving Walkway and Moving Stairway)

News provided by

Sep 04, 2019, 11:15 ET

DUBLIN, Sept. 4, 2019 /PRNewswire/ -- The "Africa Elevators and Escalators Market (2019-2025): Market Forecast by Types, by Applications, by Service Type, by Countries, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Africa Elevators and Escalators Market is projected to grow at a CAGR of 6.0% during 2019-25

The commercial and residential segments are expected to grow due to an expected increase in FDI and urbanization across all major countries, which would boost market revenues. Additionally, major hotel chains are expanding their presence across several countries and large-scale government infrastructure development projects, such as airport expansions, metro expansions and development of other social infrastructure are also strengthening the construction sector in the region. These factors would further fuel the demand for elevators and escalators in the African region in the near future.

Regional integration on trade and economic cooperation, rapid urbanization and growing middle-class population are some of the factors which are boosting the construction activities in the African continent. The market for Elevators and Escalators in the region exhibited steady growth in terms of the number of new installations across several countries over the past five years. Countries such as South Africa and Egypt registered the maximum number of new installations and accounts for the majority of the Africa Elevators and Escalators Market revenue and volume share.

The new installation segment is the key revenue generator in the overall market share as urbanization and infrastructure development continue to play an important role in the region. As major African countries seek to diversify their economies by focusing on domains such as tourism and manufacturing, the new installation segment is predicted to undergo significant growth over the coming years as well.

The report thoroughly covers the market by service types, product types, elevator types, escalator types, and countries. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and 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:

Africa Elevators and Escalators Market Size and Africa Elevators and Escalators Market Forecast until 2025.
Historical data and Forecast of South Africa Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of South Africa Elevators and Escalators Market Revenues, By Types, Applications, and Services for the Period 2015-2025
Historical data and Forecast of Egypt Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Egypt Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Kenya Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Kenya Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Nigeria Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Nigeria Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Ghana Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Ghana Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Tanzania Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Tanzania Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Algeria Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Historical data and Forecast of Algeria Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Morocco Elevators and Escalators Market Revenues and Volume the Period 2015-2025
Historical data and Forecast of Morocco Elevators and Escalators Market Revenues, By Types, Applications and Services for the Period 2015-2025
Historical data and Forecast of Rest of the Africa Region Elevators and Escalators Market Revenues and Volume for the Period 2015-2025
Market Drivers and Restraints
Market Trends and Industry Life Cycle
Porter's Five Force Analysis
Market Opportunity Assessment
Market Share, By Players
Competitive Landscape
Market Overview on Competitive Benchmarking
Company Profiles
Key Strategic Recommendations

Markets Covered

By Types

Elevator

Passenger
Cargo
Home

Escalator

Moving Stairs
Moving Walks

By Applications

Commercial
Industrial
Residential

By Services

New Installation
Maintenance
Modernization

By Countries

South Africa
Egypt
Nigeria
Algeria
Morocco
Kenya
Tanzania
Ghana
Ethiopia
Rest of Africa

Company Profiles

Hyundai Elevator Co. Ltd
Kleemann Hellas S.A.
KONE Corporation
Mitsubishi Electric Corporation
Omega Elevators
Otis Elevator Co.
Schindler Holding Ltd.
Thyssenkrupp AG

For more information about this report visit https://www.researchandmarkets.com/r/3a0vjc

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets