Saudi Arabia Elevator and Escalator Market Size, Share and Report 2032

The Saudi Arabia Elevator and Escalator Market is anticipated to register a CAGR of around 5.40% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 1.89 billion during 2032. Owing to the Kingdom's rapid urbanization & infrastructure development, the market has experienced astonishing growth & progress in recent years. The requirement for escalators & elevators has upsurged as a result of the notable vertical upscale in cities, such as Riyadh, Mecca, and Jeddah. These vertical conveyance solutions are now a crucial component of contemporary building design owing to the vertical urban growth brought about by economic activity & population growth. For effective vertical movement, elevators are becoming more & more necessary in high-rise buildings in both commercial & residential settings.