The global IoT Smart Elevator market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %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 IoT Smart Elevator 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 IoT Smart Elevator market size and forecasts, in consumption value ($ Million), 2020-2031
Global IoT Smart Elevator market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global IoT Smart Elevator market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global IoT Smart Elevator 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 IoT Smart Elevator
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 IoT Smart Elevator 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
IoT Smart Elevator 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 IoT Smart Elevator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of IoT Smart Elevator, with revenue, gross margin, and global market share of IoT Smart Elevator from 2020 to 2025.
Chapter 3, the IoT Smart Elevator 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 IoT Smart Elevator 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 IoT Smart Elevator.
Chapter 13, to describe IoT Smart Elevator research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of IoT Smart Elevator by Type
1.3.1 Overview: Global IoT Smart Elevator Market Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global IoT Smart Elevator Consumption Value Market Share by Type in 2024
1.3.3 Hardware
1.3.4 Software
1.3.5 Serve
1.4 Global IoT Smart Elevator Market by Application
1.4.1 Overview: Global IoT Smart Elevator Market Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 Residential
1.4.3 Commercial
1.4.4 Industry
1.5 Global IoT Smart Elevator Market Size & Forecast
1.6 Global IoT Smart Elevator Market Size and Forecast by Region
1.6.1 Global IoT Smart Elevator Market Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global IoT Smart Elevator Market Size by Region, (2020-2031)
1.6.3 North America IoT Smart Elevator Market Size and Prospect (2020-2031)
1.6.4 Europe IoT Smart Elevator Market Size and Prospect (2020-2031)
1.6.5 Asia-Pacific IoT Smart Elevator Market Size and Prospect (2020-2031)
1.6.6 South America IoT Smart Elevator Market Size and Prospect (2020-2031)
1.6.7 Middle East & Africa IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.1.4 Otis Elevator IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.2.4 KONE IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.3.4 Schindler IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.4.4 ThyssenKrupp IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.5.4 Careston IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.6.4 Fujitec IoT Smart Elevator 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., IoT Smart Elevator Product and Solutions
2.7.4 Hitachi Ltd., IoT Smart Elevator 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., IoT Smart Elevator Product and Solutions
2.8.4 Hyundai Elevator Co., Ltd., IoT Smart Elevator 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. IoT Smart Elevator Product and Solutions
2.9.4 Toshiba Elevators. IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.10.4 IBM IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.11.4 Microsoft IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.12.4 Huawei IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.13.4 Suzhou Louis Wilson Elevator IoT Smart Elevator 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. IoT Smart Elevator Product and Solutions
2.14.4 Zaag Technology Co.,Ltd. IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.15.4 Shenzhen Tiyun IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.16.4 Jiangsu Leader Info IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.17.4 Guangzhou Robustel IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.18.4 Dalian Allrun Electronics Co,Ltd IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.19.4 Shenzhen Yilian IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.20.4 Shenzhen Smart Device IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.21.4 Hietech IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.22.4 Shenzhen ITLONG Intelligent IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.23.4 Dinac Yinghui Internet of Things Technology IoT Smart Elevator 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. IoT Smart Elevator Product and Solutions
2.24.4 Shandong Ne LoT Co., Ltd. IoT Smart Elevator 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 IoT Smart Elevator Product and Solutions
2.25.4 Chengdu Taihang Ladder IoT Smart Elevator 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 IoT Smart Elevator Revenue and Share by Players (2020-2025)
3.2 Market Share Analysis (2024)
3.2.1 Market Share of IoT Smart Elevator by Company Revenue
3.2.2 Top 3 IoT Smart Elevator Players Market Share in 2024
3.2.3 Top 6 IoT Smart Elevator Players Market Share in 2024
3.3 IoT Smart Elevator Market: Overall Company Footprint Analysis
3.3.1 IoT Smart Elevator Market: Region Footprint
3.3.2 IoT Smart Elevator Market: Company Product Type Footprint
3.3.3 IoT Smart Elevator 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 IoT Smart Elevator Consumption Value and Market Share by Type (2020-2025)
4.2 Global IoT Smart Elevator Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
5.1 Global IoT Smart Elevator Consumption Value Market Share by Application (2020-2025)
5.2 Global IoT Smart Elevator Market Forecast by Application (2026-2031)
6 North America
6.1 North America IoT Smart Elevator Consumption Value by Type (2020-2031)
6.2 North America IoT Smart Elevator Market Size by Application (2020-2031)
6.3 North America IoT Smart Elevator Market Size by Country
6.3.1 North America IoT Smart Elevator Consumption Value by Country (2020-2031)
6.3.2 United States IoT Smart Elevator Market Size and Forecast (2020-2031)
6.3.3 Canada IoT Smart Elevator Market Size and Forecast (2020-2031)
6.3.4 Mexico IoT Smart Elevator Market Size and Forecast (2020-2031)
7 Europe
7.1 Europe IoT Smart Elevator Consumption Value by Type (2020-2031)
7.2 Europe IoT Smart Elevator Consumption Value by Application (2020-2031)
7.3 Europe IoT Smart Elevator Market Size by Country
7.3.1 Europe IoT Smart Elevator Consumption Value by Country (2020-2031)
7.3.2 Germany IoT Smart Elevator Market Size and Forecast (2020-2031)
7.3.3 France IoT Smart Elevator Market Size and Forecast (2020-2031)
7.3.4 United Kingdom IoT Smart Elevator Market Size and Forecast (2020-2031)
7.3.5 Russia IoT Smart Elevator Market Size and Forecast (2020-2031)
7.3.6 Italy IoT Smart Elevator Market Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific IoT Smart Elevator Consumption Value by Type (2020-2031)
8.2 Asia-Pacific IoT Smart Elevator Consumption Value by Application (2020-2031)
8.3 Asia-Pacific IoT Smart Elevator Market Size by Region
8.3.1 Asia-Pacific IoT Smart Elevator Consumption Value by Region (2020-2031)
8.3.2 China IoT Smart Elevator Market Size and Forecast (2020-2031)
8.3.3 Japan IoT Smart Elevator Market Size and Forecast (2020-2031)
8.3.4 South Korea IoT Smart Elevator Market Size and Forecast (2020-2031)
8.3.5 India IoT Smart Elevator Market Size and Forecast (2020-2031)
8.3.6 Southeast Asia IoT Smart Elevator Market Size and Forecast (2020-2031)
8.3.7 Australia IoT Smart Elevator Market Size and Forecast (2020-2031)
9 South America
9.1 South America IoT Smart Elevator Consumption Value by Type (2020-2031)
9.2 South America IoT Smart Elevator Consumption Value by Application (2020-2031)
9.3 South America IoT Smart Elevator Market Size by Country
9.3.1 South America IoT Smart Elevator Consumption Value by Country (2020-2031)
9.3.2 Brazil IoT Smart Elevator Market Size and Forecast (2020-2031)
9.3.3 Argentina IoT Smart Elevator Market Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa IoT Smart Elevator Consumption Value by Type (2020-2031)
10.2 Middle East & Africa IoT Smart Elevator Consumption Value by Application (2020-2031)
10.3 Middle East & Africa IoT Smart Elevator Market Size by Country
10.3.1 Middle East & Africa IoT Smart Elevator Consumption Value by Country (2020-2031)
10.3.2 Turkey IoT Smart Elevator Market Size and Forecast (2020-2031)
10.3.3 Saudi Arabia IoT Smart Elevator Market Size and Forecast (2020-2031)
10.3.4 UAE IoT Smart Elevator Market Size and Forecast (2020-2031)
11 Market Dynamics
11.1 IoT Smart Elevator Market Drivers
11.2 IoT Smart Elevator Market Restraints
11.3 IoT Smart Elevator 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 IoT Smart Elevator Industry Chain
12.2 IoT Smart Elevator Upstream Analysis
12.3 IoT Smart Elevator Midstream Analysis
12.4 IoT Smart Elevator 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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听
*If Applicable.