According to 6Wresearch, UAE Elevator & Escalator Market size is projected to grow at a CAGR of 5.6% during 2019-25. Significant investment being made for Dubai Expo 2020, implementation of the UAE Vision 2021 initiative by the government and approval of large-scale projects such as the expansion of Al Maktoum International airport, extension of red and green lines of Dubai metro, Abu Dhabi metro and several other commercial and residential projects, would drive the demand for elevators & escalators in UAE.

The Northern Region of UAE, which includes emirates such as Dubai and Sharjah, captured the highest UAE elevator & escalator market share in 2018. However, the Southern region including Abu Dhabi, is expected to witness significant growth over the coming years as the government has launched Economic Vision 2030 for diversification of economy and to attract foreign investment in the non-oil sectors of the region, such as manufacturing, transportation and tourism.

The UAE elevator & escalator market report thoroughly covers the market by types, services, applications, and regions. The UAE elevator & escalator market outlook report provides an unbiased and detailed analysis of the UAE elevator & escalator market 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.

Market Report : https://www.6wresearch.com/market-reports/uae-elevator-and-escalator-market-2019-2025-forecast-by-types-applications-commercial-industrial-residential-services-regions.html

Press Release : https://www.6wresearch.com/press-releases/uae-elevator-and-escalator-market-share-forecasts-size-growth-opportunity-cagr-trends-industry-analysis.html

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