The Smart Elevator Market is expected to reach a value of $31.77 billion by 2028, at a CAGR of 11.4% during the forecast period 2021–2028. The rising infrastructure development in emerging economies, growing number of smart cities, construction of buildings with smart technologies, and increased consumer spending related to residential and commercial buildings are driving the smart elevators market. The benefits of intelligent elevators, such as security, energy efficiency, and a comfortable commuting experience with less waiting time, traffic management, and user safety, promote the adoption in commercial and residential buildings. Additionally, the transformation of old buildings by replacing the old elevators with intelligent elevator systems is propelling the modernization segment in the smart elevators market. However, the high initial investment required for installing smart elevator solutions is a major factor restraining the market growth.
The Impact of COVID-19 on the Smart Elevator Market
The COVID-19 pandemic has posed a huge impact on the smart elevators market due to the halt of construction activities in several countries due to nationwide lockdowns. The demand for smart elevators in 2020 reduced due to the low investment in the building infrastructure industry. The market is also expected to deteriorate in 2021 as several funds and plans for transforming old buildings have been canceled due to the sudden economic downturn in many countries. In the last two years, consumers are expected to spend on essential products and services compared to the building technologies due to low income during the pandemic.
The elevator manufacturers have experienced a decline in revenue and loss in the smart elevator business in 2020 due to the high impact of the COVID-19 pandemic. The construction plans in several countries across the globe have been pushed forward due to financial crises and investment in essential activities. These factors negatively impacted the deployment of smart elevators in 2020 and the first quarter of 2021. However, the market is expected to start recovering by the end of 2021 with the reduction in COVID-19 cases globally and the improvement in economic condition.
Technical advancements such as sensors, AI, and IoT to drive the smart elevators market
In recent years, the elevators industry has witnessed the integration of sensors and internet connectivity features, making them smart and secure. The deployment of various sensors in elevators allows the analysis, control, and management of various functions, such as traffic control on floors and communication between systems. Additionally, elevators have become smarter with IoT and AI technologies. These technologies allow elevators to connect to the cloud, where the collected data is analyzed and stored. IoT is used in elevators for predictive maintenance as the data can be shared for reviewing performance and predict maintenance issues quickly without the need for human, technical intervention. AI aids the operators and building management in anticipating issues and manage the traffic flow throughput the equipment lifetime based on data collected from daily usage. These benefits associated with AI, IoT, and sensors are poised to drive the smart elevator market over the forecast timeline.
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Key Findings in the Smart Elevator Market Study:
The services segment is projected to grow at the highest CAGR during the forecast period.
Based on offering, the solutions segment is expected to account for the largest share of the smart elevators market in 2021. This is attributed to the high adoption of various control systems, including access control systems, security control systems, and elevator control systems. The destination control systems have gained high popularity due to the traffic control and management benefits in buildings with high incoming traffic. These solutions aid the building owners in reducing the waiting time for users and using appropriate elevators. Several elevator control systems have user recognition and customization features allowing the building management to offer a better elevator experience. Additionally, these solutions increase elevator security and allow the buildings to control the entry of unauthorized personnel.
The new installation segment is poise to grow at a higher CAGR during the forecast period. The high growth is attributed to the need for technically advanced tools in smart buildings. The global construction and infrastructure industries are growing with more urban areas, further creating market development opportunities. Smart buildings are also gaining high popularity and smart cities, which is creating the demand for the new installation of smart elevators. The increasing investment for building buildings and consumer demand for advanced building technologies is a major factor adding up to the smart elevator demand. The installation of new smart elevators is high in cost, thus, restricting the market growth to some extent.
The commercial segment is expected to account for the largest market share in 2021
Based on end use, the commercial segment is expected to account for the largest share of the smart elevators market in 2021. These elevators reduce the power consumed at commercial spaces by limiting the power usage when elevators are not in use. Also, commercial buildings have high traffic as compared to residential buildings resulting in more elevator trips. However, the deployment of smart elevator technologies offers trip management and allows users to travel with low waiting times. Additionally, the transformation of public and private buildings, offices, malls, and the retail sector with the deployment of smart solutions is propelling the market growth. The market players offer highly developed smart elevator solutions for commercial buildings to meet the low energy consumption and operational requirements.
Asia-Pacific is expected to account for the largest market share in 2021.
The Asia-Pacific region is expected to account for the largest share of the smart elevator market in 2021, followed by North America, Europe, Latin America, and the Middle East & Africa. The high share of Asia-Pacific is attributed to increased urbanization and construction of commercial & residential buildings to meet the needs in urban areas. The Asian countries, including India, Thailand, Indonesia, Malaysia, and Vietnam, witnessed improvements in living standards and advanced building technologies. China is one of the fastest adopters of novel technologies and gained a high share in new elevator installations due to the construction of high-rise buildings in the country. Also, the aging population in China and Japan poses the need for buildings with elevators, and the technical awareness in these countries supports the demand for smart elevators.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategies adopted by the leading market participants in the smart elevators market over the last four years. The key players profiled in the smart elevator market are Hitachi, Ltd. (Japan), TK Elevator Corporation (U.S.), Schindler Group (Switzerland), Otis Worldwide Corporation (U.S.), KONE Corporation (Finland), Mitsubishi Electric Corporation (Japan), Fujitec Co., Ltd.(Japan), Hyundai Elevator Co., Ltd. (South Korea), Honeywell International, Inc. (U.S.), Toshiba Corporation (Japan), Bosch Group (Germany), Huawei Technologies Co., Ltd. (China), Thames Valley Controls Ltd (U.K.), Motion Control Engineering Inc. (U.S.), and Sigma Elevator Company (South Korea).
Scope of the Report
Smart Elevators Market, by Offering
Smart Elevators Market by End-Use
Smart Elevators Market by Geography
Key Questions Answered in the Report:
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency and Limitations
1.3.1. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.2.3. Market Size Estimation
3. Executive Summary
4. COVID-19: Impact Assessment
4.1. Scenario A: Severe Impact
4.2. Scenario B: Moderate Recovery
4.3. Scenario C: Fast Recovery
5. Market Insights
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.1.1. Increasing Demand for Energy-Efficient Solutions
5.2.1.2. Growing Construction of Smart Residential and Commercial Buildings in Developed Countries
5.2.1.3. Rising Construction of High-Rise Buildings
5.2.2. Restraints
5.2.2.1. High Initial Investment
5.2.3. Opportunities
5.2.3.1. Implementation of AI and Analytics in Building Infrastructure
5.2.3.2. Innovation in Touchless Elevator Operations
5.2.4. Challenges
5.2.4.1. Deployment of Smart Components in Existing Elevators
5.2.4.2. Security Risk
5.3. Value Chain Analysis
5.3.1. Suppliers
5.3.2. Manufacturers
5.3.3. Agents
5.3.4. Owners, Developers, or Construction Companies
5.3.5. Installers
5.3.6. Maintenance Providers
5.3.7. Buildings and Structures
6. Global Smart Elevators Market, by Offering
6.1. Introduction
6.1.1. Solutions
6.1.1.1. Control Systems
6.1.1.1.1. Security Control Systems
6.1.1.1.1.1. Camera Systems
6.1.1.1.1.2. Visitor Management Systems
6.1.1.1.1.3. Fire Alarm Systems
6.1.1.1.2. Elevator Control Systems
6.1.1.1.3. Access Control Systems
6.1.1.1.3.1. Card-Based Access Control Systems
6.1.1.1.3.2. Biometric Access Control Systems
6.1.1.1.3.3. Touch Screen & Keypad-Based Access Control Systems
6.1.1.1.3.4. Smartphone-Based Access Control Systems
6.1.1.2. Communication Systems
6.1.1.3. Maintenance Systems
6.1.2. Services
6.1.2.1. Maintenance & Repair Services
6.1.2.2. Modernization Services
6.1.2.3. New Installation Services
7. Global Smart Elevators Market, by Application
7.1. Introduction
7.2. Commercial Buildings
7.3. Residential Buildings
7.4. Institutional Buildings
7.5. Industrial Buildings
7.6. Other Applications
8. Smart Elevators Market, by Geography
8.1. Introduction
8.2. Asia-Pacific
8.2.1. China
8.2.2. Japan
8.2.3. India
8.2.4. South Korea
8.2.5. Rest of Asia-Pacific (RoAPAC)
8.3. North America
8.3.1. U.S.
8.3.2. Canada
8.4. Europe
8.4.1. Germany
8.4.2. U.K.
8.4.3. Italy
8.4.4. Russia
8.4.5. France
8.4.6. Spain
8.4.7. Rest of Europe (RoE)
8.5. Latin America
8.5.1. Brazil
8.5.2. Mexico
8.5.3. RoLATAM
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. South Africa
8.6.3. Saudi Arabia
8.6.4. Rest of The Middle East & Africa (RoMEA)
9. Competitive Landscape
9.1. Introduction
9.2. Key Growth Strategies
9.3. Market Share Analysis (2020)
9.3.1. KONE Corporation
9.3.2. Otis Worldwide Corporation
9.3.3. TK Elevator Corporation
9.3.4. Schindler Holding Ltd.
10. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
10.1. Hitachi, Ltd.
10.2. TK Elevator Corporation
10.3. Schindler Holding Ltd.
10.4. Otis Worldwide Corporation
10.5. KONE Corporation
10.6. Mitsubishi Electric Corporation
10.7. Fujitec Co., Ltd.
10.8. Hyundai Elevator Co., Ltd.
10.9. Honeywell International, Inc.
10.10. Toshiba Corporation
10.11. Bosch.IO GmbH
10.12. Huawei Technologies Co., Ltd.
10.13. Thames Valley Controls, Ltd. (A Part of Vantage Elevator Solutions)
10.14. Motion Control Engineering, Inc.
10.15. Sigma Elevator Company
11. Appendix
11.1. Questionnaire
List of Tables
Table 1 Impact of COVID-19 on the Global Smart Elevators Market
Table 2 Global Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 3 Global Smart Elevators Market Size, by Country/Region, 2019–2028 (USD Million)
Table 4 Global Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 5 Global Smart Elevator Solutions Market Size, by Country/Region, 2019–2028 (USD Million)
Table 6 Global Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 7 Global Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 8 Global Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 9 Global Security Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 10 Global Camera Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 11 Global Visitor Management Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 12 Global Fire Alarm Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 13 Global Elevator Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 14 Global Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 15 Global Access Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 16 Global Card-Based Access Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 17 Global Biometric Access Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 18 Global Touch Screen & Keypad-Based Access Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 19 Global Smartphone-Based Access Control Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 20 Global Communication Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 21 Global Maintenance Systems Market Size, by Country/Region, 2019–2028 (USD Million)
Table 22 Global Smart Elevator Services Market Size, bytype, 2019–2028 (USD Million)
Table 23 Global Smart Elevator Services Market Size, by Country/Region, 2019–2028 (USD Million)
Table 24 Global Maintenance & Repair Services Market Size, by Country/Region, 2019–2028 (USD Million)
Table 25 Global Modernization Services Market Size, by Country/Region, 2019–2028 (USD Million)
Table 26 Global New Installation Services Market Size, by Country/Region, 2019–2028 (USD Million)
Table 27 Global Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 28 Global Smart Elevators Market Size for Commercial Bulidings, by Country/Region, 2019–2028 (USD Million)
Table 29 Global Smart Elevators Market Size for Residential Buildings, by Country/Region, 2019–2028 (USD Million)
Table 30 Global Smart Elevators Market Size for Institutional Buildings, by Country/Region, 2019–2028 (USD Million)
Table 31 Global Smart Elevators Market Size for Industrial Buildings, by Country/Region, 2019–2028 (USD Million)
Table 32 Global Smart Elevators Market Size for Other Applications, by Country/Region, 2019–2028 (USD Million)
Table 33 Global Smart Elevators Market Size, Region, 2019–2028 (USD Million)
Table 34 Asia-Pacific: Smart Elevators Market Size, by Country/Region, 2019–2028 (USD Million)
Table 35 Asia-Pacific: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 36 Asia-Pacific: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 37 Asia-Pacific: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 38 Asia-Pacific: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 39 Asia-Pacific: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 40 Asia-Pacific: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 41 Asia-Pacific: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 42 China: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 43 China: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 44 China: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 45 China: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 46 China: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 47 China: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 48 China: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 49 Japan: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 50 Japan: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 51 Japan: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 52 Japan: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 53 Japan: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 54 Japan: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 55 Japan: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 56 India: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 57 India: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 58 India: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 59 India: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 60 India: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 61 India: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 62 India: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 63 South Korea: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 64 South Korea: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 65 South Korea: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 66 South Korea: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 67 South Korea: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 68 South Korea: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 69 South Korea: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 70 RoAPAC: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 71 RoAPAC: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 72 RoAPAC: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 73 RoAPAC: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 74 RoAPAC: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 75 RoAPAC: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 76 RoAPAC: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 77 North America: Smart Elevators Market Size, by Country, 2019–2028 (USD Million)
Table 78 North America: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 79 North America: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 80 North America: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 81 North America: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 82 North America: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 83 North America: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 84 North America: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 85 U.S.: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 86 U.S.: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 87 U.S.: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 88 U.S.: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 89 U.S.: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 90 U.S.: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 91 U.S.: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 92 Canada: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 93 Canada: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 94 Canada: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 95 Canada: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 96 Canada: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 97 Canada: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 98 Canada: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 99 Europe: Smart Elevators Market Size, by Country/Region, 2019–2028 (USD Million)
Table 100 Europe: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 101 Europe: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 102 Europe: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 103 Europe: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 104 Europe: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 105 Europe: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 106 Europe: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 107 Germany: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 108 Germany: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 109 Germany: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 110 Germany: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 111 Germany: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 112 Germany: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 113 Germany: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 114 U.K.: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 115 U.K.: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 116 U.K.: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 117 U.K.: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 118 U.K.: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 119 U.K.: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million
Table 120 U.K.: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 121 Italy: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 122 Italy: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 123 Italy: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 124 Italy: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 125 Italy: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 126 Italy: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 127 Italy: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 128 Russia: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 129 Russia: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 130 Russia: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 131 Russia: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 132 Russia: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 133 Russia: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 134 Russia: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 135 France: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 136 France: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 137 France: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 138 France: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 139 France: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 140 France: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 141 France: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 142 Spain: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 143 Spain: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 144 Spain: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 145 Spain: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 146 Spain: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 147 Spain: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 148 Spain: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 149 RoE: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 150 RoE: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 151 RoE: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 152 RoE: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 153 RoE: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 154 RoE: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 155 RoE: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 156 Latin America: Smart Elevators Market Size, by Country, 2019–2028 (USD Million)
Table 157 Latin America: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 158 Latin America: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 159 Latin America: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 160 Latin America: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 161 Latin America: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 162 Latin America: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 163 Latin America: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 164 Brazil: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 165 Brazil: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 166 Brazil: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 167 Brazil: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 168 Brazil: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 169 Brazil: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 170 Brazil: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 171 Mexico: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 172 Mexico: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 173 Mexico: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 174 Mexico: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 175 Mexico: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 176 Mexico: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 177 Mexico: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 178 RoLATAM: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 179 RoLATAM: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 180 RoLATAM: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 181 RoLATAM: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 182 RoLATAM: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 183 RoLATAM: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 184 RoLATAM: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 185 Middle East & Africa: Smart Elevators Market Size, by Country/Region, 2019–2028 (USD Million)
Table 186 Middle East & Africa: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 187 Middle East & Africa: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 188 Middle East & Africa: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 189 Middle East & Africa: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 190 Middle East & Africa: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 191 Middle East & Africa: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 192 Middle East & Africa: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 193 UAE: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 194 UAE: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 195 UAE: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 196 UAE: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 197 UAE: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 198 UAE: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 199 UAE: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 200 South Africa: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 201 South Africa: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 202 South Africa: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 203 South Africa: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 204 South Africa: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 205 South Africa: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 206 South Africa: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 207 Saudi Arabia: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 208 Saudi Arabia: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 209 Saudi Arabia: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 210 Saudi Arabia: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 211 Saudi Arabia: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 212 Saudi Arabia: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 213 Saudi Arabia: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 214 RoMEA: Smart Elevators Market Size, by Offering, 2019–2028 (USD Million)
Table 215 RoMEA: Smart Elevator Solutions Market Size, by Type, 2019–2028 (USD Million)
Table 216 RoMEA: Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 217 RoMEA: Security Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 218 RoMEA: Access Control Systems Market Size, by Type, 2019–2028 (USD Million)
Table 219 RoMEA: Smart Elevator Services Market Size, by Type, 2019–2028 (USD Million)
Table 220 RoMEA: Smart Elevators Market Size, by Application, 2019–2028 (USD Million)
Table 221 Recent Key Developments, by Company, 2018–2021
List of Figures
Figure 1 Market Ecosystem
Figure 2 Currency and Limitations
Figure 3 Key Stakeholders
Figure 4 Research Process
Figure 5 Key Secondary Sources
Figure 6 Key Executives Interviewed
Figure 7 Primary Research Techniques
Figure 8 Market Size Estimation
Figure 9 Key Insights
Figure 10 Global Smart Elevators Market, by Offering, 2021 Vs. 2028
Figure 11 Global Smart Elevators Market, by Application, 2028
Figure 12 Geographic Snapshot: Global Smart Elevators Market
Figure 13 COVID-19 Impact on the Global Smart Elevators Market
Figure 14 Market Dynamics
Figure 15 Value Chain Analysis: Smart Elevators Market
Figure 16 Global Smart Elevators Market Size, by Offering, 2021 Vs. 2028 (USD Million)
Figure 17 Global Smart Elevators Market Size, by Application, 2021 Vs. 2028 (USD Million)
Figure 18 Global Smart Elevators Market Size, by Region, 2021 Vs. 2028 (USD Million)
Figure 19 Key Growth Strategies Adopted by Leading Players, 2018–2021
Figure 20 Market Share Analysis, by Leading Players, 2020
Figure 21 Hitachi, Ltd.: Financial Snapshot (2020)
Figure 22 TK Elevator Corporation: Financial Snapshot (2020)
Figure 23 Schindler Holding Ltd.: Financial Snapshot (2020)
Figure 24 Otis Worldwide Corporation: Financial Snapshot (2020)
Figure 25 KONE Corporation: Financial Snapshot (2020)
Figure 26 Mitsubishi Electric Corporation: Financial Snapshot (2020)
Figure 27 Fujitec Co., Ltd.: Financial Snapshot (2020)
Figure 28 Hyundai Elevator Co., Ltd.: Financial Snapshot (2019)
Figure 29 Honeywell International, Inc.: Financial Snapshot (2020)
Figure 30 Toshiba Corporation: Financial Snapshot (2020)
Figure 31 Bosch.IO GmbH: Financial Snapshot (2020)
Figure 32 Huawei Technologies Co., Ltd.: Financial Snapshot (2020)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Jan-2023
Published Date: Jan-2023
Published Date: Oct-2022
Published Date: Sep-2022
Published Date: Jul-2022
