UAE Elevator & Escalator Maintenance & Repair Services Market
UAE Elevator & Escalator Maintenance & Repair Services Market Size, Demand, Key players Analysis & Forecast 2022-2027
According to MarkNtel Advisors study the UAE Elevator and Escalator Maintenance and Repair Services Market are anticipated to grow at a CAGR of around 3.2% during the forecast period, i.e., 2022-27.
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Key Findings of the Study: UAE Elevator & Escalator Maintenance & Repair Services market
Market Driver
Rapid urbanization and increasing construction activities
Increasing installation of elevators across commercial & residential sectors
Stringent regulations imposed by the UAE government to ensure public safety
Growth Challenges
High maintenance costs due to lack of customized service plans
Delayed service deliveries due to unavailability of spare parts
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Scope of the Report and UAE Elevator & Escalator Maintenance & Repair Services Market Segmentation:
By Type
Elevator
Escalator
By Service
New Installation
Modernization
Maintenance
By End User
Residential
Commercial
Retail
Health Care
Hospitality
Government & Transportation
Others
Here, the commercial sector dominates the market with the largest share.
Geographical Analysis:
By Region
Abu Dhabi & Al Ain
Dubai
Sharjah & Northern Emirates
Of all regions in the UAE, Dubai acquires the largest share in the Elevator and Escalator Maintenance and Repair Services Market, primarily due to the extensive presence of high-rise buildings and the rapidly expanding construction industry in the region.
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