

The global Smart Passenger Elevators market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
United States market for Smart Passenger Elevators is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Smart Passenger Elevators is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Smart Passenger Elevators is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Smart Passenger Elevators players cover Otis, Kone, ThyssenKrupp, Schindler, Mitsubishi Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The “Smart Passenger Elevators Industry Forecast” looks at past sales and reviews total world Smart Passenger Elevators sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Passenger Elevators sales for 2025 through 2031. With Smart Passenger Elevators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Passenger Elevators industry.
This Insight Report provides a comprehensive analysis of the global Smart Passenger Elevators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Passenger Elevators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Passenger Elevators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Passenger Elevators 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 Smart Passenger Elevators.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Passenger Elevators market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Elevator
Escalator
Moving Walkway
Segmentation by Application:
Commercial Office
Hotels
Residential
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Otis
Kone
ThyssenKrupp
Schindler
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Passenger Elevators market?
What factors are driving Smart Passenger Elevators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Passenger Elevators market opportunities vary by end market size?
How does Smart Passenger Elevators break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Smart Passenger Elevators Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Smart Passenger Elevators by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Smart Passenger Elevators by Country/Region, 2020, 2024 & 2031
2.2 Smart Passenger Elevators Segment by Type
2.2.1 Elevator
2.2.2 Escalator
2.2.3 Moving Walkway
2.3 Smart Passenger Elevators Sales by Type
2.3.1 Global Smart Passenger Elevators Sales Market Share by Type (2020-2025)
2.3.2 Global Smart Passenger Elevators Revenue and Market Share by Type (2020-2025)
2.3.3 Global Smart Passenger Elevators Sale Price by Type (2020-2025)
2.4 Smart Passenger Elevators Segment by Application
2.4.1 Commercial Office
2.4.2 Hotels
2.4.3 Residential
2.4.4 Others
2.5 Smart Passenger Elevators Sales by Application
2.5.1 Global Smart Passenger Elevators Sale Market Share by Application (2020-2025)
2.5.2 Global Smart Passenger Elevators Revenue and Market Share by Application (2020-2025)
2.5.3 Global Smart Passenger Elevators Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Smart Passenger Elevators Breakdown Data by Company
3.1.1 Global Smart Passenger Elevators Annual Sales by Company (2020-2025)
3.1.2 Global Smart Passenger Elevators Sales Market Share by Company (2020-2025)
3.2 Global Smart Passenger Elevators Annual Revenue by Company (2020-2025)
3.2.1 Global Smart Passenger Elevators Revenue by Company (2020-2025)
3.2.2 Global Smart Passenger Elevators Revenue Market Share by Company (2020-2025)
3.3 Global Smart Passenger Elevators Sale Price by Company
3.4 Key Manufacturers Smart Passenger Elevators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Smart Passenger Elevators Product Location Distribution
3.4.2 Players Smart Passenger Elevators Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Smart Passenger Elevators by Geographic Region
4.1 World Historic Smart Passenger Elevators Market Size by Geographic Region (2020-2025)
4.1.1 Global Smart Passenger Elevators Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Smart Passenger Elevators Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Smart Passenger Elevators Market Size by Country/Region (2020-2025)
4.2.1 Global Smart Passenger Elevators Annual Sales by Country/Region (2020-2025)
4.2.2 Global Smart Passenger Elevators Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Passenger Elevators Sales Growth
4.4 APAC Smart Passenger Elevators Sales Growth
4.5 Europe Smart Passenger Elevators Sales Growth
4.6 Middle East & Africa Smart Passenger Elevators Sales Growth
5 Americas
5.1 Americas Smart Passenger Elevators Sales by Country
5.1.1 Americas Smart Passenger Elevators Sales by Country (2020-2025)
5.1.2 Americas Smart Passenger Elevators Revenue by Country (2020-2025)
5.2 Americas Smart Passenger Elevators Sales by Type (2020-2025)
5.3 Americas Smart Passenger Elevators Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Passenger Elevators Sales by Region
6.1.1 APAC Smart Passenger Elevators Sales by Region (2020-2025)
6.1.2 APAC Smart Passenger Elevators Revenue by Region (2020-2025)
6.2 APAC Smart Passenger Elevators Sales by Type (2020-2025)
6.3 APAC Smart Passenger Elevators Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Smart Passenger Elevators by Country
7.1.1 Europe Smart Passenger Elevators Sales by Country (2020-2025)
7.1.2 Europe Smart Passenger Elevators Revenue by Country (2020-2025)
7.2 Europe Smart Passenger Elevators Sales by Type (2020-2025)
7.3 Europe Smart Passenger Elevators Sales 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 Smart Passenger Elevators by Country
8.1.1 Middle East & Africa Smart Passenger Elevators Sales by Country (2020-2025)
8.1.2 Middle East & Africa Smart Passenger Elevators Revenue by Country (2020-2025)
8.2 Middle East & Africa Smart Passenger Elevators Sales by Type (2020-2025)
8.3 Middle East & Africa Smart Passenger Elevators Sales 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 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Smart Passenger Elevators
10.3 Manufacturing Process Analysis of Smart Passenger Elevators
10.4 Industry Chain Structure of Smart Passenger Elevators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Smart Passenger Elevators Distributors
11.3 Smart Passenger Elevators Customer
12 World Forecast Review for Smart Passenger Elevators by Geographic Region
12.1 Global Smart Passenger Elevators Market Size Forecast by Region
12.1.1 Global Smart Passenger Elevators Forecast by Region (2026-2031)
12.1.2 Global Smart Passenger Elevators Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Smart Passenger Elevators Forecast by Type (2026-2031)
12.7 Global Smart Passenger Elevators Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Otis
13.1.1 Otis Company Information
13.1.2 Otis Smart Passenger Elevators Product Portfolios and Specifications
13.1.3 Otis Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Otis Main Business Overview
13.1.5 Otis Latest Developments
13.2 Kone
13.2.1 Kone Company Information
13.2.2 Kone Smart Passenger Elevators Product Portfolios and Specifications
13.2.3 Kone Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Kone Main Business Overview
13.2.5 Kone Latest Developments
13.3 ThyssenKrupp
13.3.1 ThyssenKrupp Company Information
13.3.2 ThyssenKrupp Smart Passenger Elevators Product Portfolios and Specifications
13.3.3 ThyssenKrupp Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 ThyssenKrupp Main Business Overview
13.3.5 ThyssenKrupp Latest Developments
13.4 Schindler
13.4.1 Schindler Company Information
13.4.2 Schindler Smart Passenger Elevators Product Portfolios and Specifications
13.4.3 Schindler Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Schindler Main Business Overview
13.4.5 Schindler Latest Developments
13.5 Mitsubishi Electric
13.5.1 Mitsubishi Electric Company Information
13.5.2 Mitsubishi Electric Smart Passenger Elevators Product Portfolios and Specifications
13.5.3 Mitsubishi Electric Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Mitsubishi Electric Main Business Overview
13.5.5 Mitsubishi Electric Latest Developments
13.6 Toshiba
13.6.1 Toshiba Company Information
13.6.2 Toshiba Smart Passenger Elevators Product Portfolios and Specifications
13.6.3 Toshiba Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Toshiba Main Business Overview
13.6.5 Toshiba Latest Developments
13.7 Hitachi
13.7.1 Hitachi Company Information
13.7.2 Hitachi Smart Passenger Elevators Product Portfolios and Specifications
13.7.3 Hitachi Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Hitachi Main Business Overview
13.7.5 Hitachi Latest Developments
13.8 Fujitec
13.8.1 Fujitec Company Information
13.8.2 Fujitec Smart Passenger Elevators Product Portfolios and Specifications
13.8.3 Fujitec Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Fujitec Main Business Overview
13.8.5 Fujitec Latest Developments
13.9 Hyundai
13.9.1 Hyundai Company Information
13.9.2 Hyundai Smart Passenger Elevators Product Portfolios and Specifications
13.9.3 Hyundai Smart Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hyundai Main Business Overview
13.9.5 Hyundai Latest Developments
14 Research Findings and Conclusion
*If Applicable.