Dublin, June 29, 2023 (GLOBE NEWSWIRE) — The "Egypt Elevator And Escalator Market (2022-2028), Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT: Market Forecast By Types, By Services, By End-User And Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Egypt's Elevator and Escalator market size is projected to grow at a CAGR of 9.1% during 2022-2028
Egypt's Elevator and Escalator market is anticipated to grow significantly on the back of large-scale government infrastructure development projects, including airport expansions, metro expansions, and the development of other social infrastructure projects that would boost the market for elevators and escalators in Egypt.
Moreover, commercial and residential segments are anticipated to grow in the future, which will surge the demand of the Egypt elevators and escalators market.
The market was affected in 2020 by the COVID-19 pandemic, as the construction sector suffered. However, the commercial and residential segments are expected to grow in the future due to an increase in FDI and urbanization across all major countries, which would boost the Egypt elevators and escalators 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 the development of other social infrastructure, are also strengthening the construction sector in the region. These factors would translate into an increase in the demand for elevators and escalators in the Egypt region in the near future.
Furthermore, the rising residential and commercial projects in the country owing to a focus on modern infrastructure and smart cities would further uphold the demand for passenger elevators in the years to come.
Market by Applications
By Applications, the residential segment acquired the maximum revenue share in Egypt's elevator and escalator market on the back of growing residential projects and housing projects in Egypt.
It is anticipated that new installations would continue to dominate the market for service types in the years to come due to the expansion of Egypt's building sector.
A number of the government's large-scale infrastructure development projects, including the $3.8 billion Mountain View iCity, Administrative Capital for Urban Development, and Dar Al Handasah, would significantly increase the market for new installations during in the forecasted period.
Key Highlights of the Report
Egypt Elevator and Escalator Market Overview
Egypt Elevator and Escalator Market Outlook
Egypt Elevator and Escalator Market Forecast
Historical Data & Forecast of Egypt Elevator and Escalator Market Revenues & Volume for the Period 2018-2028F
Historical Data & Forecast of Egypt Elevator and Escalator Market Revenues, By Types, for the Period 2018-2028F
Historical Data & Forecast of Egypt Elevator and Escalator Market Revenues, By Applications, for the Period 2018-2028F
Historical Data & Forecast of Egypt Elevator and Escalator Market Revenues, By Services, for the Period 2018-2028F
Market Drivers, Restraints and Trends
Market Trends and Industry Life Cycle
Porter's Five Force Analysis
Market Opportunity Assessment
Market Player's Revenue Shares
Market Competitive Benchmarking
Key Strategic Recommendations
FUJITECH Co. Ltd.
Hyundai Elevator Co. Ltd
Kleemann Hellas S.A.
Mitsubishi Electric Corporation
Otis Elevator Co
Schindler Holding Ltd
Market Scope and Segmentation
For more information about this report visit https://www.researchandmarkets.com/r/k6i3p7
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
(Bloomberg) — Zillow Group Inc. and other real estate stocks plunged after a Missouri jury found the National Association of Realtors and other industry players guilty of colluding to maintain high brokerage commissions. Most Read from BloombergSaudi Forces on Alert After Clash With Iran-Backed HouthisIsrael Latest: Hamas Vows to Free Captives, Refugee Camp HitInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonSony’s Bungi
The hedge funder argued that the Treasury Secretary “has no right” to still be in her job.
The verdict, which hands a loss to brokerages and an industry trade association, could upend the home-sale industry.
Problems are piling up for electric vehicles. That's not good for Tesla, or any other auto maker.
A prosecutor asked Sam Bankman-Fried about testimony by former FTX software developer Adam Yedidia. + Earlier in the trial, Yedidia told jurors that after fixing an accounting bug in the summer of 2022, he warned the crypto entrepreneur that Alameda Research owed $8 billion to FTX. + “I don’t remember him saying it that way,” Bankman-Fried said today.
How do you define a stock market opportunity? Is it a windfall, a piece of luck, or the result of careful planning, a strategy to make the most of any opening? The savvy investor seeks out the latter, looking for stocks that offer inducements to entry, be it a high upside or a depressed share price or a recent positive analyst review – or better yet, a combination of all three. So there’s a profile. We’ve used the TipRanks database to look up two stocks that fit it – stocks with Strong Buy conse
Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that skyrocketed in value, Buffett also collects dividends — a lot of dividends. Buffett famously said, "If you don’t find a way to make money while you sleep, you will work until you die." Don’t Miss: Elon Musk has
The Zacks Consensus Estimate for Nikola's (NKLA) third-quarter 2023 loss per share and revenues are pegged at 15 cents and $15.52 million, respectively.
Sarepta Therapeutics unveiled new data for its gene therapy to treat Ducchenne muscular dystrophy on Monday. Shareholders aren’t happy: The stock is down 40% in late-Tuesday trading. The company said that patients treated with Elevidys showed increased motor function, compared to patients who received placebos at 52 weeks.
“The residential sector now appears to be contracting alongside the recent move higher in mortgage rates,” the bank’s economists wrote.
NBA icon Magic Johnson has become the fourth sports star to reach billionaire status, with a net worth of $1.2 billion, according to Forbes’ calculation.
Air Canada said it is taking a slower approach to adding cargo jets because there isn’t enough demand now to justify the investment. The post Air Canada reaffirms cargo commitment after 777 freighter cancellation appeared first on FreightWaves.
Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday. The Danish group had since last year attempted to sell its Baltika subsidiary in Russia, following in the footsteps of many other Western companies exiting Russia since its invasion of Ukraine. However, after announcing in June it had found a buyer for its business, Russian President Vladimir Putin the following month ordered the temporary seizure of Carlsberg's stake in the local brewer.
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
Savings bonds purchased in the six months starting Wednesday will initially pay 5.27%, up from 4.3% in the six months ending Tuesday.
Palantir (PLTR) third-quarter 2023 earnings and revenues are likely to have surged year over year.
DraftKings' (DKNG) third-quarter 2023 performance is likely to have benefited from the robust demand for mobile sports betting and increased customer acquisition, engagement and retention.
Attractive dividends and reasonable valuations make these Zacks Oils & Energy sector stocks intriguing with WTI Crude Oil still over $80 a barrel at the moment.
Fidelity will no longer allow advisors to use their high-yielding money-market funds as the sweep account for new nonretirement accounts.
Sickle-cell disease has afflicted people of African descent for generations, causing agony and death among those who inherit its deformed red blood cells. The end of that unhappy inheritance inches closer on Tuesday—as the Food and Drug Administration asks a panel of experts to weigh in on what’s likely to be the country’s first-approved genetic treatment for the disorder. Developed by Vertex Pharmaceuticals (ticker: VRTX) and Crispr Therapeutics (CRSP), the “exa-cel” therapy would also be the first product marketed in the U.S. that employs the Nobel Prize-winning technology called Crispr.