Kuwait Elevator and Escalator Market Size & Growth Forecast 2024-2029: Demand Fueled by Tourism and Major Infrastructure Projects with an Expected 192 New Installations - ResearchAndMarkets.com
The Kuwait elevator and escalator market by new installations accounted for 672 units in 2023 and is expected to grow at a CAGR of 4.24% from 2023-2029.
- The Kuwait elevator and escalator market by new installations accounted for 672 units in 2023 and is expected to grow at a CAGR of 4.24% from 2023-2029.
- The key players in the Kuwait elevator and escalator market are KONE, T.K.E., Mitsubishi, Schindler, Otis, Hyundai, Fujitec, and Hitachi.
- Further, the top 5 vendors in the Kuwait elevator and escalator market include KONE, T.K.E., Mitsubishi, Schindler, and Otis hold over 52% of the market.
- These projects are meant to meet some of the growing demand for housing and support the Kuwait elevator and escalator market growth.