MENA & India Elevator Market 2015: Key Major Players Are Otis Elevator Company, Schindler Group, KONE, ThyssenKrupp AG and Mitsubishi Electric Corphas
It is expected that the MENA region will witness installation of close to 700,000 new elevator units by2018. High growthin the elevator market is expected from new construction in Middle East with sustained elevator demand in Dubai and Abu Dhabi new demand emerging from Jeddah. Even though Africa does not have many skyscrapers currently, and demand is primarily for elevator repair and maintenance, with the government acutely aware that poor infrastructure is the biggest obstacle to growth, elevator demand is...
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