Qatar Elevator Market to 2032
Overview
The Qatar Elevator Market is expected to reach a 865.26 USD Million by 2032 and is projected to grow at a CAGR of 6.41% from 2025 to 2032.
Revenue, 2024 (USD Million)
530.65
Forecast, 2032 (USD Million)
865.26
CAGR, 2024 - 2032
6.41%
Report Coverage
Qatar
Qatar Elevator Market 2018-2032 USD Million
Qatar Elevator Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 530.65 USD Million
- Projected Market Size (2032): 865.26 USD Million
- CAGR (2025-2032): 6.41%
Key Findings of Qatar Elevator Market
- The Qatar Elevator Market was valued at 530.65 USD Million in 2024.
- The Qatar Elevator Market is likely to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Single Deck in Deck Segment accounted for the largest share of the market with a revenue of 392.96 USD Million
- The fastest growing segment 630kg (or less) in Capacity Segment grew Fastest with a CAGR of 7.57% during the forecast period from 2024 to 2032.
Qatar Elevator Market Scope
Qatar Elevator Market Segmentation & Scope
Type
- Others
- Home Elevators
- Service Elevator
- Freight/ Cargo Elevator
- Passenger Elevator
Mechanism
- D.C. Elevators
- A.C. Elevators
- Others
- Hydraulic Elevators
- Traction / Cable Driven Elevators
- Machine Room Reduced (MRL) Elevators
Speed
- 5.0 mps (or more)
- 3.5 - 4.0 mps
- 2.5 - 3.0 mps
- 1.5 - 2.0 mps
- 1.0 mps (or less)
Component
- Services
- Hardware
Door Type
- Others
- Swinging Door
- Manual Door
- Sliding Door
- Automatic Door
Destination Control
- Smart
- Conventional
Deck
- Double Deck
- Single Deck
Capacity
- Over 2500kg
- 2000–2500kg
- 1600–2000kg
- 1050–1600kg
- 630–1050kg
- 630kg (or less)
Elevation
- High Rise Elevators
- Mid Rise Elevators
- Low Rise Elevators
End Use
- Industrial
- Residential
- Commercial
Qatar Elevator Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 530.65 USD Million |
| Market Value in 2032 | 865.26 USD Million |
| CAGR (2025-2032) | 6.41% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Mechanism,Speed,Component ,Door Type,Destination Control,Deck ,Capacity,Elevation,End Use |
Regional Insights:
-
Leading Market (2024-2032): Qatar, leading in terms of revenue 530.65 USD Million in 2024
- Key Country: Qatar, leading in terms of revenue with value of 530.65 USD Million in 2024.
Segments and Scope
-
Qatar Elevator Market to 2032, By Type
- Passenger Elevator is the largest segment in Qatar Elevator Market to 2032 with a revenue of 294.40 USD Million in the year 2024.
- Freight/ Cargo Elevator is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.46 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Mechanism
- Machine Room Reduced (MRL) Elevators is the largest segment in Qatar Elevator Market to 2032 with a revenue of 218.85 USD Million in the year 2024.
- Machine Room Reduced (MRL) Elevators is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 7.13 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Speed
- 1.0 mps (or less) is the largest segment in Qatar Elevator Market to 2032 with a revenue of 263.06 USD Million in the year 2024.
- 1.0 mps (or less) is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.80 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Component
- Hardware is the largest segment in Qatar Elevator Market to 2032 with a revenue of 361.08 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.48 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Door Type
- Automatic Door is the largest segment in Qatar Elevator Market to 2032 with a revenue of 243.68 USD Million in the year 2024.
- Automatic Door is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 7.04 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Destination Control
- Conventional is the largest segment in Qatar Elevator Market to 2032 with a revenue of 315.23 USD Million in the year 2024.
- Conventional is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.51 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Deck
- Single Deck is the largest segment in Qatar Elevator Market to 2032 with a revenue of 392.96 USD Million in the year 2024.
- Single Deck is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.46 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Capacity
- 630kg (or less) is the largest segment in Qatar Elevator Market to 2032 with a revenue of 192.95 USD Million in the year 2024.
- 630kg (or less) is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 7.57 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By Elevation
- Low Rise Elevators is the largest segment in Qatar Elevator Market to 2032 with a revenue of 279.34 USD Million in the year 2024.
- Low Rise Elevators is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.64 % in forecast period 2025-2032.
-
Qatar Elevator Market to 2032, By End Use
- Commercial is the largest segment in Qatar Elevator Market to 2032 with a revenue of 287.45 USD Million in the year 2024.
- Commercial is the Fastest growing segment in Qatar Elevator Market to 2032 with a Growth rate of 6.61 % in forecast period 2025-2032.
Qatar Elevator Market Company Share Analysis
| Company Name |
|
||
| Hitachi, Ltd. | |||
| TOSHIBA CORPORATION | |||
| TK Elevator | |||
| Schindler | |||
| Otis Worldwide Corporation | |||
Qatar Elevator Market Geographical Sales Distribution, 2018-2032 USD Million
Qatar Elevator Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Qatar Elevator Market is segmented based on Segmentation Type,Mechanism,Speed,Component ,Door Type,Destination Control,Deck ,Capacity,Elevation,End Use.
Qatar Elevator Market was valued at USD 530.65(Revenue in USD Million) in 2024.
Qatar Elevator Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The Single Deck segment is expected to dominate the Qatar Elevator Market, holding a largest market share of 392.96 USD Million in 2024
Qatar Elevator Market Scope
Qatar Elevator Market Segmentation & Scope
Type
- Others
- Home Elevators
- Service Elevator
- Freight/ Cargo Elevator
- Passenger Elevator
Mechanism
- D.C. Elevators
- A.C. Elevators
- Others
- Hydraulic Elevators
- Traction / Cable Driven Elevators
- Machine Room Reduced (MRL) Elevators
Speed
- 5.0 mps (or more)
- 3.5 - 4.0 mps
- 2.5 - 3.0 mps
- 1.5 - 2.0 mps
- 1.0 mps (or less)
Component
- Services
- Hardware
Door Type
- Others
- Swinging Door
- Manual Door
- Sliding Door
- Automatic Door
Destination Control
- Smart
- Conventional
Deck
- Double Deck
- Single Deck
Capacity
- Over 2500kg
- 2000–2500kg
- 1600–2000kg
- 1050–1600kg
- 630–1050kg
- 630kg (or less)
Elevation
- High Rise Elevators
- Mid Rise Elevators
- Low Rise Elevators
End Use
- Industrial
- Residential
- Commercial
Frequently Asked Questions
The Qatar Elevator Market is segmented based on Segmentation Type,Mechanism,Speed,Component ,Door Type,Destination Control,Deck ,Capacity,Elevation,End Use.
Qatar Elevator Market was valued at USD 530.65(Revenue in USD Million) in 2024.
Qatar Elevator Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The estimated market value of the Qatar Elevator Market for final year is USD 865.26 (USD Million).
Qatar Elevator Market Company Profiling
Frequently Asked Questions
The Qatar Elevator Market is segmented based on Segmentation Type,Mechanism,Speed,Component ,Door Type,Destination Control,Deck ,Capacity,Elevation,End Use.
Qatar Elevator Market was valued at USD 530.65(Revenue in USD Million) in 2024.
Qatar Elevator Market is projected to grow at a CAGR of 6.41% during the forecast period of 2024 to 2032.
The estimated market value of the Qatar Elevator Market for final year is USD 865.26 (USD Million).
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