Saudi Arabia Elevator and Escalator Market (2018-2024) - 0 views
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aado lfst01 on 22 Oct 18Bharat Book Bureau Provides the Trending Market Research Report on "Saudi Arabia Elevator and Escalator Market" under Heavy Industry category. The Indian Elevator and Escalator Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Saudi Arabia Elevator & Escalator Market is expected to grow at a CAGR of 4.9% during 2018-24. In 2017, the market declined due to falling government spending owing to declining oil prices. The market is anticipated to bounce back with recovery of oil prices post 2017. Growing urbanization rate, and rise in installation of elevators in the residential sector in Saudi Arabia is forecast to boost growth of Elevator and Escalator market. Amongst all the elevators segments, machine room elevators acquired highest revenue share of the market.