Smart Elevator Market Analysis By Component Type, By Service Type and End Use Industry-Forecast To 2028
Price: US $ 3250 | Pages: 130 | Published Date: July-2023
The smart elevator market is estimated to grow from USD 26 billion in 2022 to USD 48 billion by 2028, at a CAGR of approximately 11%. The future of the smart elevator market creates new opportunities for smart elevator manufacturers and player’s presence across the value chain. The major growth drivers for this market are the growth of the building & construction industry and the rising adoption of IoT technology.
North America is the largest region in the global smart elevator market due to increasing adoption of IoT based technology. Commercial building is the largest application for the smart elevator market due to the growth of increasing demand in commercial buildings.
Smart elevator market is consolidated and some of the major players in this market include ThyssenKrupp, Hyundai, Toshiba, OTIS, KONE, Schindler Group, Hitachi, Mitsubishi Electric and others
The sample figures with some insights are shown below
Report Scope:
The scope of the global Smart Elevator market report is as follows:
| Key Features | Description |
| Base Year | 2022 |
| Trend Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units Considered | Value ($ Million) |
| Market Segments | By End Use Industry ( Commercial Building, Residential Building, Institution, Automated Vehicle Storage and Retrieval System), By Component (Control System, Maintenance System, Communications System), By Service (New Installation, Modernization, and Maintenance) |
| Regional / Country | North America ( US, Canada, and Mexico), Europe (UK, Germany, France, and Rest of Europe), Asia Pacific (Japan, China, India, and Rest of APAC), and RoW |
Research Methodology
Market Investigate performed both primary as well as exhaustive secondary research for this study. Initially, Market Investigate analyzed all the leading smart elevator manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the company personnel were enquired about their key products, revenues, manufacturing plant location, and competitors. For this study, Market Investigate conducted more than 20 interviews, the same are mentioned below:
By company type: Manufacturers (50%), Consumers (25%), Researchers (15%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (25%), Rest of the World (15%)
By designation: Top level (40%), Operation level (20%), Mid-level (40%)
Market Investigate analyzed by components, service, end use industry, and regional presence of all major smart elevator manufacturers across the globe. Market size for global smart elevator was calculated by using bottom-up approach as well as top –down approach. Various secondary sources such as secondary sources directories, database, company annual reports, white papers, investor presentations and financial reports were also studied to estimate the market size and growth rate.
Table of Contents:
- Introduction
- Objectives and Scope of the Study
- Market Definition
- Research Methodology
- Executive summary
- Market Overview
- Introduction
- Supply Chain
- Industry Drivers and Challenges
- Emerging Trends
- Smart Elevator Market, By Component
- Control System
- Maintenance System
- Communication System
- Smart Elevator Market, By Service
- New Installation
- Modernization
- Maintenance
- Smart Elevator Market, By End Use Industry
- Residential Building
- Commercial Building
- Institutions
- Automated Vehicle Storage and Retrieval System
- Smart Elevator Market, By Geography
- Global Smart Elevator Market by Region
- North American Smart Elevator Market
- Market by Country
- US
- Canada
- Mexico
- Market by Component
- Market by Service Type
- Market by End Use Industry
- Market by Country
- European Smart Elevator Market
- Market by Country:
- UK
- Germany
- France
- Rest of Europe
- Market by Component
- Market by Service Type
- Market by End Use Industry
- Market by Country:
- APAC Smart Elevator Market
- Market by Country:
- China
- Japan
- Rest of APAC
- Market by Component
- Market by Service Type
- Market by End Use Industry
- Market by Country:
- Rest of the World Smart Elevator Market
- Market by Country:
- Brazil
- Others
- Market by Component
- Market by Service Type
- Market by End Use Industry
- Market by Country:
- Market Attractiveness Analysis
- Growth Opportunities by Region
- Growth Opportunities by Component
- Growth Opportunities by Service Type
- Growth Opportunities by End Use Industry
- Competitive Landscape
- Product Portfolio
- Market Share Analysis
- Strategic Analysis
- Porters Five Forces
- Company Profiles of Leading Players
- ThyssenKrupp
- Hyundai
- Toshiba
- OTIS
- KONE
- Schindler Group
- Hitachi
- Mitsubishi
Report Format : Power Point Presentation