

The global Elevator Internet Of Things market size was valued at US$ 1138 million in 2024 and is forecast to a readjusted size of USD 1523 million by 2031 with a CAGR of 4.3% during review period.
The elevator Internet of Things means that the elevator is configured and installed with terminal equipment such as smart gateways, smart sensors, and smart AI cameras without changing the existing electrical circuits and sensing systems of the elevator. It uses advanced technologies such as the Internet of Things, big data, and cloud computing to Collect and transmit various elevator faults, operations, and statistical information back, and then use backend big data analysis and comprehensive decision-making with external systems to achieve real-time monitoring of elevators, automatic accident alarms, full maintenance process records, and well-documented afterwards and other intelligent management.
According to data released by the National Bureau of Statistics, China"s elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world"s largest elevator producer and consumer. More than 70% of the world"s elevator manufacturing business were in Chinese mainland, and 60%-65% of the world"s elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report is a detailed and comprehensive analysis for global Elevator Internet Of Things market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Elevator Internet Of Things market size and forecasts, in consumption value ($ Million), 2020-2031
Global Elevator Internet Of Things market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Elevator Internet Of Things market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Elevator Internet Of Things market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Elevator Internet Of Things
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Elevator Internet Of Things market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis Elevator, KONE, Schindler, ThyssenKrupp, Careston, Fujitec, Hitachi Ltd.,, Hyundai Elevator Co., Ltd.,, Toshiba Elevators., IBM, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Elevator Internet Of Things market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hardware
Software
Serve
Market segment by Application
Residential
Commercial
Industry
Market segment by players, this report covers
Otis Elevator
KONE
Schindler
ThyssenKrupp
Careston
Fujitec
Hitachi Ltd.,
Hyundai Elevator Co., Ltd.,
Toshiba Elevators.
IBM
Microsoft
Huawei
Suzhou Louis Wilson Elevator
Zaag Technology Co.,Ltd.
Shenzhen Tiyun
Jiangsu Leader Info
Guangzhou Robustel
Dalian Allrun Electronics Co,Ltd
Shenzhen Yilian
Shenzhen Smart Device
Hietech
Shenzhen ITLONG Intelligent
Dinac Yinghui Internet of Things Technology
Shandong Ne LoT Co., Ltd.
Chengdu Taihang Ladder
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Elevator Internet Of Things product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Elevator Internet Of Things, with revenue, gross margin, and global market share of Elevator Internet Of Things from 2020 to 2025.
Chapter 3, the Elevator Internet Of Things competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Elevator Internet Of Things market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Elevator Internet Of Things.
Chapter 13, to describe Elevator Internet Of Things research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Elevator Internet Of Things by Type
1.3.1 Overview: Global Elevator Internet Of Things Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Elevator Internet Of Things Consumption Value Market Share by Type in 2024
1.3.3 Hardware
1.3.4 Software
1.3.5 Serve
1.4 Global Elevator Internet Of Things Market by Application
1.4.1 Overview: Global Elevator Internet Of Things Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Residential
1.4.3 Commercial
1.4.4 Industry
1.5 Global Elevator Internet Of Things Market Size & Forecast
1.6 Global Elevator Internet Of Things Market Size and Forecast by Region
1.6.1 Global Elevator Internet Of Things Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Elevator Internet Of Things Market Size by Region, (2020-2031)
1.6.3 North America Elevator Internet Of Things Market Size and Prospect (2020-2031)
1.6.4 Europe Elevator Internet Of Things Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Elevator Internet Of Things Market Size and Prospect (2020-2031)
1.6.6 South America Elevator Internet Of Things Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Elevator Internet Of Things Market Size and Prospect (2020-2031)
2 Company Profiles
2.1 Otis Elevator
2.1.1 Otis Elevator Details
2.1.2 Otis Elevator Major Business
2.1.3 Otis Elevator Elevator Internet Of Things Product and Solutions
2.1.4 Otis Elevator Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Otis Elevator Recent Developments and Future Plans
2.2 KONE
2.2.1 KONE Details
2.2.2 KONE Major Business
2.2.3 KONE Elevator Internet Of Things Product and Solutions
2.2.4 KONE Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 KONE Recent Developments and Future Plans
2.3 Schindler
2.3.1 Schindler Details
2.3.2 Schindler Major Business
2.3.3 Schindler Elevator Internet Of Things Product and Solutions
2.3.4 Schindler Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Schindler Recent Developments and Future Plans
2.4 ThyssenKrupp
2.4.1 ThyssenKrupp Details
2.4.2 ThyssenKrupp Major Business
2.4.3 ThyssenKrupp Elevator Internet Of Things Product and Solutions
2.4.4 ThyssenKrupp Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 ThyssenKrupp Recent Developments and Future Plans
2.5 Careston
2.5.1 Careston Details
2.5.2 Careston Major Business
2.5.3 Careston Elevator Internet Of Things Product and Solutions
2.5.4 Careston Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 Careston Recent Developments and Future Plans
2.6 Fujitec
2.6.1 Fujitec Details
2.6.2 Fujitec Major Business
2.6.3 Fujitec Elevator Internet Of Things Product and Solutions
2.6.4 Fujitec Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Fujitec Recent Developments and Future Plans
2.7 Hitachi Ltd.,
2.7.1 Hitachi Ltd., Details
2.7.2 Hitachi Ltd., Major Business
2.7.3 Hitachi Ltd., Elevator Internet Of Things Product and Solutions
2.7.4 Hitachi Ltd., Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Hitachi Ltd., Recent Developments and Future Plans
2.8 Hyundai Elevator Co., Ltd.,
2.8.1 Hyundai Elevator Co., Ltd., Details
2.8.2 Hyundai Elevator Co., Ltd., Major Business
2.8.3 Hyundai Elevator Co., Ltd., Elevator Internet Of Things Product and Solutions
2.8.4 Hyundai Elevator Co., Ltd., Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Hyundai Elevator Co., Ltd., Recent Developments and Future Plans
2.9 Toshiba Elevators.
2.9.1 Toshiba Elevators. Details
2.9.2 Toshiba Elevators. Major Business
2.9.3 Toshiba Elevators. Elevator Internet Of Things Product and Solutions
2.9.4 Toshiba Elevators. Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Toshiba Elevators. Recent Developments and Future Plans
2.10 IBM
2.10.1 IBM Details
2.10.2 IBM Major Business
2.10.3 IBM Elevator Internet Of Things Product and Solutions
2.10.4 IBM Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 IBM Recent Developments and Future Plans
2.11 Microsoft
2.11.1 Microsoft Details
2.11.2 Microsoft Major Business
2.11.3 Microsoft Elevator Internet Of Things Product and Solutions
2.11.4 Microsoft Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Microsoft Recent Developments and Future Plans
2.12 Huawei
2.12.1 Huawei Details
2.12.2 Huawei Major Business
2.12.3 Huawei Elevator Internet Of Things Product and Solutions
2.12.4 Huawei Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Huawei Recent Developments and Future Plans
2.13 Suzhou Louis Wilson Elevator
2.13.1 Suzhou Louis Wilson Elevator Details
2.13.2 Suzhou Louis Wilson Elevator Major Business
2.13.3 Suzhou Louis Wilson Elevator Elevator Internet Of Things Product and Solutions
2.13.4 Suzhou Louis Wilson Elevator Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Suzhou Louis Wilson Elevator Recent Developments and Future Plans
2.14 Zaag Technology Co.,Ltd.
2.14.1 Zaag Technology Co.,Ltd. Details
2.14.2 Zaag Technology Co.,Ltd. Major Business
2.14.3 Zaag Technology Co.,Ltd. Elevator Internet Of Things Product and Solutions
2.14.4 Zaag Technology Co.,Ltd. Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Zaag Technology Co.,Ltd. Recent Developments and Future Plans
2.15 Shenzhen Tiyun
2.15.1 Shenzhen Tiyun Details
2.15.2 Shenzhen Tiyun Major Business
2.15.3 Shenzhen Tiyun Elevator Internet Of Things Product and Solutions
2.15.4 Shenzhen Tiyun Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Shenzhen Tiyun Recent Developments and Future Plans
2.16 Jiangsu Leader Info
2.16.1 Jiangsu Leader Info Details
2.16.2 Jiangsu Leader Info Major Business
2.16.3 Jiangsu Leader Info Elevator Internet Of Things Product and Solutions
2.16.4 Jiangsu Leader Info Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Jiangsu Leader Info Recent Developments and Future Plans
2.17 Guangzhou Robustel
2.17.1 Guangzhou Robustel Details
2.17.2 Guangzhou Robustel Major Business
2.17.3 Guangzhou Robustel Elevator Internet Of Things Product and Solutions
2.17.4 Guangzhou Robustel Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Guangzhou Robustel Recent Developments and Future Plans
2.18 Dalian Allrun Electronics Co,Ltd
2.18.1 Dalian Allrun Electronics Co,Ltd Details
2.18.2 Dalian Allrun Electronics Co,Ltd Major Business
2.18.3 Dalian Allrun Electronics Co,Ltd Elevator Internet Of Things Product and Solutions
2.18.4 Dalian Allrun Electronics Co,Ltd Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Dalian Allrun Electronics Co,Ltd Recent Developments and Future Plans
2.19 Shenzhen Yilian
2.19.1 Shenzhen Yilian Details
2.19.2 Shenzhen Yilian Major Business
2.19.3 Shenzhen Yilian Elevator Internet Of Things Product and Solutions
2.19.4 Shenzhen Yilian Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Shenzhen Yilian Recent Developments and Future Plans
2.20 Shenzhen Smart Device
2.20.1 Shenzhen Smart Device Details
2.20.2 Shenzhen Smart Device Major Business
2.20.3 Shenzhen Smart Device Elevator Internet Of Things Product and Solutions
2.20.4 Shenzhen Smart Device Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 Shenzhen Smart Device Recent Developments and Future Plans
2.21 Hietech
2.21.1 Hietech Details
2.21.2 Hietech Major Business
2.21.3 Hietech Elevator Internet Of Things Product and Solutions
2.21.4 Hietech Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.21.5 Hietech Recent Developments and Future Plans
2.22 Shenzhen ITLONG Intelligent
2.22.1 Shenzhen ITLONG Intelligent Details
2.22.2 Shenzhen ITLONG Intelligent Major Business
2.22.3 Shenzhen ITLONG Intelligent Elevator Internet Of Things Product and Solutions
2.22.4 Shenzhen ITLONG Intelligent Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.22.5 Shenzhen ITLONG Intelligent Recent Developments and Future Plans
2.23 Dinac Yinghui Internet of Things Technology
2.23.1 Dinac Yinghui Internet of Things Technology Details
2.23.2 Dinac Yinghui Internet of Things Technology Major Business
2.23.3 Dinac Yinghui Internet of Things Technology Elevator Internet Of Things Product and Solutions
2.23.4 Dinac Yinghui Internet of Things Technology Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.23.5 Dinac Yinghui Internet of Things Technology Recent Developments and Future Plans
2.24 Shandong Ne LoT Co., Ltd.
2.24.1 Shandong Ne LoT Co., Ltd. Details
2.24.2 Shandong Ne LoT Co., Ltd. Major Business
2.24.3 Shandong Ne LoT Co., Ltd. Elevator Internet Of Things Product and Solutions
2.24.4 Shandong Ne LoT Co., Ltd. Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.24.5 Shandong Ne LoT Co., Ltd. Recent Developments and Future Plans
2.25 Chengdu Taihang Ladder
2.25.1 Chengdu Taihang Ladder Details
2.25.2 Chengdu Taihang Ladder Major Business
2.25.3 Chengdu Taihang Ladder Elevator Internet Of Things Product and Solutions
2.25.4 Chengdu Taihang Ladder Elevator Internet Of Things Revenue, Gross Margin and Market Share (2020-2025)
2.25.5 Chengdu Taihang Ladder Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Elevator Internet Of Things Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of Elevator Internet Of Things by Company Revenue
3.2.2 Top 3 Elevator Internet Of Things Players Market Share in 2024
3.2.3 Top 6 Elevator Internet Of Things Players Market Share in 2024
3.3 Elevator Internet Of Things Market: Overall Company Footprint Analysis
3.3.1 Elevator Internet Of Things Market: Region Footprint
3.3.2 Elevator Internet Of Things Market: Company Product Type Footprint
3.3.3 Elevator Internet Of Things Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Elevator Internet Of Things Consumption Value and Market Share by Type (2020-2025)
4.2 Global Elevator Internet Of Things Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global Elevator Internet Of Things Consumption Value Market Share by Application (2020-2025)
5.2 Global Elevator Internet Of Things Market Forecast by Application (2026-2031)
6 North America
6.1 North America Elevator Internet Of Things Consumption Value by Type (2020-2031)
6.2 North America Elevator Internet Of Things Market Size by Application (2020-2031)
6.3 North America Elevator Internet Of Things Market Size by Country
6.3.1 North America Elevator Internet Of Things Consumption Value by Country (2020-2031)
6.3.2 United States Elevator Internet Of Things Market Size and Forecast (2020-2031)
6.3.3 Canada Elevator Internet Of Things Market Size and Forecast (2020-2031)
6.3.4 Mexico Elevator Internet Of Things Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe Elevator Internet Of Things Consumption Value by Type (2020-2031)
7.2 Europe Elevator Internet Of Things Consumption Value by Application (2020-2031)
7.3 Europe Elevator Internet Of Things Market Size by Country
7.3.1 Europe Elevator Internet Of Things Consumption Value by Country (2020-2031)
7.3.2 Germany Elevator Internet Of Things Market Size and Forecast (2020-2031)
7.3.3 France Elevator Internet Of Things Market Size and Forecast (2020-2031)
7.3.4 United Kingdom Elevator Internet Of Things Market Size and Forecast (2020-2031)
7.3.5 Russia Elevator Internet Of Things Market Size and Forecast (2020-2031)
7.3.6 Italy Elevator Internet Of Things Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Elevator Internet Of Things Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Elevator Internet Of Things Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Elevator Internet Of Things Market Size by Region
8.3.1 Asia-Pacific Elevator Internet Of Things Consumption Value by Region (2020-2031)
8.3.2 China Elevator Internet Of Things Market Size and Forecast (2020-2031)
8.3.3 Japan Elevator Internet Of Things Market Size and Forecast (2020-2031)
8.3.4 South Korea Elevator Internet Of Things Market Size and Forecast (2020-2031)
8.3.5 India Elevator Internet Of Things Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia Elevator Internet Of Things Market Size and Forecast (2020-2031)
8.3.7 Australia Elevator Internet Of Things Market Size and Forecast (2020-2031)
9 South America
9.1 South America Elevator Internet Of Things Consumption Value by Type (2020-2031)
9.2 South America Elevator Internet Of Things Consumption Value by Application (2020-2031)
9.3 South America Elevator Internet Of Things Market Size by Country
9.3.1 South America Elevator Internet Of Things Consumption Value by Country (2020-2031)
9.3.2 Brazil Elevator Internet Of Things Market Size and Forecast (2020-2031)
9.3.3 Argentina Elevator Internet Of Things Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Elevator Internet Of Things Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Elevator Internet Of Things Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Elevator Internet Of Things Market Size by Country
10.3.1 Middle East & Africa Elevator Internet Of Things Consumption Value by Country (2020-2031)
10.3.2 Turkey Elevator Internet Of Things Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Elevator Internet Of Things Market Size and Forecast (2020-2031)
10.3.4 UAE Elevator Internet Of Things Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 Elevator Internet Of Things Market Drivers
11.2 Elevator Internet Of Things Market Restraints
11.3 Elevator Internet Of Things Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Elevator Internet Of Things Industry Chain
12.2 Elevator Internet Of Things Upstream Analysis
12.3 Elevator Internet Of Things Midstream Analysis
12.4 Elevator Internet Of Things Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Otis Elevator
KONE
Schindler
ThyssenKrupp
Careston
Fujitec
Hitachi Ltd.,
Hyundai Elevator Co., Ltd.,
Toshiba Elevators.
IBM
Microsoft
Huawei
Suzhou Louis Wilson Elevator
Zaag Technology Co.,Ltd.
Shenzhen Tiyun
Jiangsu Leader Info
Guangzhou Robustel
Dalian Allrun Electronics Co,Ltd
Shenzhen Yilian
Shenzhen Smart Device
Hietech
Shenzhen ITLONG Intelligent
Dinac Yinghui Internet of Things Technology
Shandong Ne LoT Co., Ltd.
Chengdu Taihang Ladder
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*If Applicable.