Qatar’s Elevators and Escalators Market Set for Significant Growth
Qatar’s elevators and escalators market is projected to grow at a CAGR of 4.29% from 2023 to 2029, with a focus on infrastructure development for major sporting events like the FIFA World Cup in 2022 and the AFC Asian Cup 2023. Strategic partnerships in the technology sector and initiatives like Accessible Qatar are also shaping the country’s development, aiming to improve accessibility and cybersecurity.
Otis to Modernize Elevators and Escalators in Burj Khalifa
Otis Worldwide Corporation has secured a contract to modernize elevators and escalators in the iconic Burj Khalifa, the world’s tallest building located in Dubai. The project includes servicing all units for an additional 10 years and aims to improve efficiency, reduce wait times, and ensure faster and more efficient journeys for visitors and occupants. With over 50 years of presence in the UAE, Otis brings extensive experience from modernizing other iconic projects to minimize disruption and provide exceptional service for the next decade.