
IoT-enabled elevators utilize artificial intelligence for enabling transportation of passengers and commodities vertically.
The global IoT in Elevators market is projected to reach US$ 28890 million in 2029, increasing from US$ 14990 million in 2022, with the CAGR of 9.4% during the period of 2023 to 2029.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global IoT in Elevators market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ThyssenKrupp AG
KONE Corporation
Otis Elevator Company
Schindler Group
Mitsubishi Electric Corporation
Toshiba Elevator
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The IoT in Elevators report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IoT in Elevators Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global IoT in Elevators Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT in Elevators Market Perspective (2018-2029)
2.2 IoT in Elevators Growth Trends by Region
2.2.1 Global IoT in Elevators Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 IoT in Elevators Historic Market Size by Region (2018-2023)
2.2.3 IoT in Elevators Forecasted Market Size by Region (2024-2029)
2.3 IoT in Elevators Market Dynamics
2.3.1 IoT in Elevators Industry Trends
2.3.2 IoT in Elevators Market Drivers
2.3.3 IoT in Elevators Market Challenges
2.3.4 IoT in Elevators Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT in Elevators Players by Revenue
3.1.1 Global Top IoT in Elevators Players by Revenue (2018-2023)
3.1.2 Global IoT in Elevators Revenue Market Share by Players (2018-2023)
3.2 Global IoT in Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IoT in Elevators Revenue
3.4 Global IoT in Elevators Market Concentration Ratio
3.4.1 Global IoT in Elevators Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT in Elevators Revenue in 2022
3.5 IoT in Elevators Key Players Head office and Area Served
3.6 Key Players IoT in Elevators Product Solution and Service
3.7 Date of Enter into IoT in Elevators Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT in Elevators Breakdown Data by Type
4.1 Global IoT in Elevators Historic Market Size by Type (2018-2023)
4.2 Global IoT in Elevators Forecasted Market Size by Type (2024-2029)
5 IoT in Elevators Breakdown Data by Application
5.1 Global IoT in Elevators Historic Market Size by Application (2018-2023)
5.2 Global IoT in Elevators Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America IoT in Elevators Market Size (2018-2029)
6.2 North America IoT in Elevators Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America IoT in Elevators Market Size by Country (2018-2023)
6.4 North America IoT in Elevators Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT in Elevators Market Size (2018-2029)
7.2 Europe IoT in Elevators Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe IoT in Elevators Market Size by Country (2018-2023)
7.4 Europe IoT in Elevators Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT in Elevators Market Size (2018-2029)
8.2 Asia-Pacific IoT in Elevators Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific IoT in Elevators Market Size by Region (2018-2023)
8.4 Asia-Pacific IoT in Elevators Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT in Elevators Market Size (2018-2029)
9.2 Latin America IoT in Elevators Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America IoT in Elevators Market Size by Country (2018-2023)
9.4 Latin America IoT in Elevators Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT in Elevators Market Size (2018-2029)
10.2 Middle East & Africa IoT in Elevators Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa IoT in Elevators Market Size by Country (2018-2023)
10.4 Middle East & Africa IoT in Elevators Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ThyssenKrupp AG
11.1.1 ThyssenKrupp AG Company Detail
11.1.2 ThyssenKrupp AG Business Overview
11.1.3 ThyssenKrupp AG IoT in Elevators Introduction
11.1.4 ThyssenKrupp AG Revenue in IoT in Elevators Business (2018-2023)
11.1.5 ThyssenKrupp AG Recent Development
11.2 KONE Corporation
11.2.1 KONE Corporation Company Detail
11.2.2 KONE Corporation Business Overview
11.2.3 KONE Corporation IoT in Elevators Introduction
11.2.4 KONE Corporation Revenue in IoT in Elevators Business (2018-2023)
11.2.5 KONE Corporation Recent Development
11.3 Otis Elevator Company
11.3.1 Otis Elevator Company Company Detail
11.3.2 Otis Elevator Company Business Overview
11.3.3 Otis Elevator Company IoT in Elevators Introduction
11.3.4 Otis Elevator Company Revenue in IoT in Elevators Business (2018-2023)
11.3.5 Otis Elevator Company Recent Development
11.4 Schindler Group
11.4.1 Schindler Group Company Detail
11.4.2 Schindler Group Business Overview
11.4.3 Schindler Group IoT in Elevators Introduction
11.4.4 Schindler Group Revenue in IoT in Elevators Business (2018-2023)
11.4.5 Schindler Group Recent Development
11.5 Mitsubishi Electric Corporation
11.5.1 Mitsubishi Electric Corporation Company Detail
11.5.2 Mitsubishi Electric Corporation Business Overview
11.5.3 Mitsubishi Electric Corporation IoT in Elevators Introduction
11.5.4 Mitsubishi Electric Corporation Revenue in IoT in Elevators Business (2018-2023)
11.5.5 Mitsubishi Electric Corporation Recent Development
11.6 Toshiba Elevator
11.6.1 Toshiba Elevator Company Detail
11.6.2 Toshiba Elevator Business Overview
11.6.3 Toshiba Elevator IoT in Elevators Introduction
11.6.4 Toshiba Elevator Revenue in IoT in Elevators Business (2018-2023)
11.6.5 Toshiba Elevator Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ThyssenKrupp AG
KONE Corporation
Otis Elevator Company
Schindler Group
Mitsubishi Electric Corporation
Toshiba Elevator
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*If Applicable.
