Global Elevator IoT Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI01250282

Publication Date:

January 8, 2025

Pages:

121

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Internet [2]

Computing & Electronics [3]

Description:

The global Elevator IoT market size is predicted to grow from US$ 29030 million in 2025 to US$ 69890 million in 2031; it is expected to grow at a CAGR of 15.8% from 2025 to 2031.
Elevator IoT solution is designed to gradually increase the raw data collection from elevators and their operating environment to create actionable Preventive and Predictive tasks to reduce maintenance costs and minimize failure rates.
The leading players of the Elevator IoT mainly are Otis, Kone, ThyssenKrupp, Schindler, and Mitsubishi Electric. Otis is the largest manufacturer; The next is Kone and Schindler.Elevator IoT is widely used in Residential Area, Commercial Office and Industrial Area. The most proportion of Elevator is used in Residential Area, and the proportion in 2018 is 53.27%.
The 鈥淓levator IoT Industry Forecast鈥� looks at past sales and reviews total world Elevator IoT sales in 2024, providing a comprehensive analysis by region and market sector of projected Elevator IoT sales for 2025 through 2031. With Elevator IoT sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator IoT industry.
This Insight Report provides a comprehensive analysis of the global Elevator IoT landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Elevator IoT portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Elevator IoT market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator IoT and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elevator IoT.
This report presents a comprehensive overview, market shares, and growth opportunities of Elevator IoT market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hardware
Software
Services
Segmentation by Application:
Residential
Commercial
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Otis Elevator Company
KONE Corporation
Schindler Group
ThyssenKrupp AG
Mitsubishi Electric Corporation
Toshiba Elevator
Hitachi
Fujitec
Hyundai Elevator
Digi International
IBM
General Electric
罢别濒别蹿贸苍颈肠补
Microsoft
Huawei
Bosch
Siemens

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Elevator IoT Market Size (2020-2031)
2.1.2 Elevator IoT Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Elevator IoT by Country/Region (2020, 2024 & 2031)
2.2 Elevator IoT Segment by Type
2.2.1 Hardware
2.2.2 Software
2.2.3 Services
2.3 Elevator IoT Market Size by Type
2.3.1 Elevator IoT Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Elevator IoT Market Size Market Share by Type (2020-2025)
2.4 Elevator IoT Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.4.3 Industrial
2.5 Elevator IoT Market Size by Application
2.5.1 Elevator IoT Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Elevator IoT Market Size Market Share by Application (2020-2025)
3 Elevator IoT Market Size by Player
3.1 Elevator IoT Market Size Market Share by Player
3.1.1 Global Elevator IoT Revenue by Player (2020-2025)
3.1.2 Global Elevator IoT Revenue Market Share by Player (2020-2025)
3.2 Global Elevator IoT Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Elevator IoT by Region
4.1 Elevator IoT Market Size by Region (2020-2025)
4.2 Global Elevator IoT Annual Revenue by Country/Region (2020-2025)
4.3 Americas Elevator IoT Market Size Growth (2020-2025)
4.4 APAC Elevator IoT Market Size Growth (2020-2025)
4.5 Europe Elevator IoT Market Size Growth (2020-2025)
4.6 Middle East & Africa Elevator IoT Market Size Growth (2020-2025)
5 Americas
5.1 Americas Elevator IoT Market Size by Country (2020-2025)
5.2 Americas Elevator IoT Market Size by Type (2020-2025)
5.3 Americas Elevator IoT Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Elevator IoT Market Size by Region (2020-2025)
6.2 APAC Elevator IoT Market Size by Type (2020-2025)
6.3 APAC Elevator IoT Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Elevator IoT Market Size by Country (2020-2025)
7.2 Europe Elevator IoT Market Size by Type (2020-2025)
7.3 Europe Elevator IoT Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Elevator IoT by Region (2020-2025)
8.2 Middle East & Africa Elevator IoT Market Size by Type (2020-2025)
8.3 Middle East & Africa Elevator IoT Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Elevator IoT Market Forecast
10.1 Global Elevator IoT Forecast by Region (2026-2031)
10.1.1 Global Elevator IoT Forecast by Region (2026-2031)
10.1.2 Americas Elevator IoT Forecast
10.1.3 APAC Elevator IoT Forecast
10.1.4 Europe Elevator IoT Forecast
10.1.5 Middle East & Africa Elevator IoT Forecast
10.2 Americas Elevator IoT Forecast by Country (2026-2031)
10.2.1 United States Market Elevator IoT Forecast
10.2.2 Canada Market Elevator IoT Forecast
10.2.3 Mexico Market Elevator IoT Forecast
10.2.4 Brazil Market Elevator IoT Forecast
10.3 APAC Elevator IoT Forecast by Region (2026-2031)
10.3.1 China Elevator IoT Market Forecast
10.3.2 Japan Market Elevator IoT Forecast
10.3.3 Korea Market Elevator IoT Forecast
10.3.4 Southeast Asia Market Elevator IoT Forecast
10.3.5 India Market Elevator IoT Forecast
10.3.6 Australia Market Elevator IoT Forecast
10.4 Europe Elevator IoT Forecast by Country (2026-2031)
10.4.1 Germany Market Elevator IoT Forecast
10.4.2 France Market Elevator IoT Forecast
10.4.3 UK Market Elevator IoT Forecast
10.4.4 Italy Market Elevator IoT Forecast
10.4.5 Russia Market Elevator IoT Forecast
10.5 Middle East & Africa Elevator IoT Forecast by Region (2026-2031)
10.5.1 Egypt Market Elevator IoT Forecast
10.5.2 South Africa Market Elevator IoT Forecast
10.5.3 Israel Market Elevator IoT Forecast
10.5.4 Turkey Market Elevator IoT Forecast
10.6 Global Elevator IoT Forecast by Type (2026-2031)
10.7 Global Elevator IoT Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Elevator IoT Forecast
11 Key Players Analysis
11.1 Otis Elevator Company
11.1.1 Otis Elevator Company Company Information
11.1.2 Otis Elevator Company Elevator IoT Product Offered
11.1.3 Otis Elevator Company Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 Otis Elevator Company Main Business Overview
11.1.5 Otis Elevator Company Latest Developments
11.2 KONE Corporation
11.2.1 KONE Corporation Company Information
11.2.2 KONE Corporation Elevator IoT Product Offered
11.2.3 KONE Corporation Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 KONE Corporation Main Business Overview
11.2.5 KONE Corporation Latest Developments
11.3 Schindler Group
11.3.1 Schindler Group Company Information
11.3.2 Schindler Group Elevator IoT Product Offered
11.3.3 Schindler Group Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Schindler Group Main Business Overview
11.3.5 Schindler Group Latest Developments
11.4 ThyssenKrupp AG
11.4.1 ThyssenKrupp AG Company Information
11.4.2 ThyssenKrupp AG Elevator IoT Product Offered
11.4.3 ThyssenKrupp AG Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 ThyssenKrupp AG Main Business Overview
11.4.5 ThyssenKrupp AG Latest Developments
11.5 Mitsubishi Electric Corporation
11.5.1 Mitsubishi Electric Corporation Company Information
11.5.2 Mitsubishi Electric Corporation Elevator IoT Product Offered
11.5.3 Mitsubishi Electric Corporation Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Mitsubishi Electric Corporation Main Business Overview
11.5.5 Mitsubishi Electric Corporation Latest Developments
11.6 Toshiba Elevator
11.6.1 Toshiba Elevator Company Information
11.6.2 Toshiba Elevator Elevator IoT Product Offered
11.6.3 Toshiba Elevator Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Toshiba Elevator Main Business Overview
11.6.5 Toshiba Elevator Latest Developments
11.7 Hitachi
11.7.1 Hitachi Company Information
11.7.2 Hitachi Elevator IoT Product Offered
11.7.3 Hitachi Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Hitachi Main Business Overview
11.7.5 Hitachi Latest Developments
11.8 Fujitec
11.8.1 Fujitec Company Information
11.8.2 Fujitec Elevator IoT Product Offered
11.8.3 Fujitec Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Fujitec Main Business Overview
11.8.5 Fujitec Latest Developments
11.9 Hyundai Elevator
11.9.1 Hyundai Elevator Company Information
11.9.2 Hyundai Elevator Elevator IoT Product Offered
11.9.3 Hyundai Elevator Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Hyundai Elevator Main Business Overview
11.9.5 Hyundai Elevator Latest Developments
11.10 Digi International
11.10.1 Digi International Company Information
11.10.2 Digi International Elevator IoT Product Offered
11.10.3 Digi International Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Digi International Main Business Overview
11.10.5 Digi International Latest Developments
11.11 IBM
11.11.1 IBM Company Information
11.11.2 IBM Elevator IoT Product Offered
11.11.3 IBM Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 IBM Main Business Overview
11.11.5 IBM Latest Developments
11.12 General Electric
11.12.1 General Electric Company Information
11.12.2 General Electric Elevator IoT Product Offered
11.12.3 General Electric Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 General Electric Main Business Overview
11.12.5 General Electric Latest Developments
11.13 罢别濒别蹿贸苍颈肠补
11.13.1 罢别濒别蹿贸苍颈肠补 Company Information
11.13.2 罢别濒别蹿贸苍颈肠补 Elevator IoT Product Offered
11.13.3 罢别濒别蹿贸苍颈肠补 Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 罢别濒别蹿贸苍颈肠补 Main Business Overview
11.13.5 罢别濒别蹿贸苍颈肠补 Latest Developments
11.14 Microsoft
11.14.1 Microsoft Company Information
11.14.2 Microsoft Elevator IoT Product Offered
11.14.3 Microsoft Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 Microsoft Main Business Overview
11.14.5 Microsoft Latest Developments
11.15 Huawei
11.15.1 Huawei Company Information
11.15.2 Huawei Elevator IoT Product Offered
11.15.3 Huawei Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Huawei Main Business Overview
11.15.5 Huawei Latest Developments
11.16 Bosch
11.16.1 Bosch Company Information
11.16.2 Bosch Elevator IoT Product Offered
11.16.3 Bosch Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Bosch Main Business Overview
11.16.5 Bosch Latest Developments
11.17 Siemens
11.17.1 Siemens Company Information
11.17.2 Siemens Elevator IoT Product Offered
11.17.3 Siemens Elevator IoT Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Siemens Main Business Overview
11.17.5 Siemens Latest Developments
12 Research Findings and Conclusion

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