

The global market for Smart Freight Elevators was valued at US$ 8098 million in the year 2024 and is projected to reach a revised size of US$ 18070 million by 2031, growing at a CAGR of 12.3% during the forecast period.
Smart Freight Elevators are equipped with latest technology such as Internet of Things (IoT), Artificial Intelligence (AI), cloud computing, and various hardware and software. These systems together allow for proactive, condition-based analysis, predictive maintenance, real-time data sharing, destination prediction, enhanced security, and many other features. A smart elevator is energy efficient, user friendly, secure and safe, and experience minimum downtime.
Digital closed-loop maintenance, monitoring, and information systems are the future of elevator maintenance. More over, Green engineering is to deliver optimal performance by capturing excessive energy, which is often wasted in the form of heat. The system transfers the captured energy back into the building’s electric grid for reuse in smart elevator market. Building projects consume nearly 40% of the global energy, with elevators consuming between 2% and 10%. By modernizing the building with smart solutions, this number can be brought down to 1–5%. The green engineering concept offers the opportunity for the players to supply energy-efficient solutions to reduce the operational cost through automation and modernization of the existing elevators.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Smart Freight Elevators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Freight Elevators.
The Smart Freight Elevators market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Smart Freight Elevators market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Freight Elevators manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Robert Bosch GmbH
KONE Corporation
Schindler Group
Fujitec Co., Ltd.
Halma PLC(Avire Trading Limited)
Hyundai Elevator Ltd
Mitsubishi Electric Corporation
Thyssenkrupp AG (TK Elevator)
Hitachi Ltd
Otis Worldwide Corporation
Toshiba
by Type
New Deployments
Modernization
Maintenance
by Application
Commercial
Industrial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Smart Freight Elevators manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Smart Freight Elevators by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Smart Freight Elevators in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Smart Freight Elevators Market Overview
1.1 Product Definition
1.2 Smart Freight Elevators by Type
1.2.1 Global Smart Freight Elevators Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 New Deployments
1.2.3 Modernization
1.2.4 Maintenance
1.3 Smart Freight Elevators by Application
1.3.1 Global Smart Freight Elevators Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Commercial
1.3.3 Industrial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Smart Freight Elevators Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Smart Freight Elevators Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Smart Freight Elevators Production Estimates and Forecasts (2020-2031)
1.4.4 Global Smart Freight Elevators Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Smart Freight Elevators Production Market Share by Manufacturers (2020-2025)
2.2 Global Smart Freight Elevators Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Smart Freight Elevators, Industry Ranking, 2023 VS 2024
2.4 Global Smart Freight Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Smart Freight Elevators Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Smart Freight Elevators, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Smart Freight Elevators, Product Offered and Application
2.8 Global Key Manufacturers of Smart Freight Elevators, Date of Enter into This Industry
2.9 Smart Freight Elevators Market Competitive Situation and Trends
2.9.1 Smart Freight Elevators Market Concentration Rate
2.9.2 Global 5 and 10 Largest Smart Freight Elevators Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Smart Freight Elevators Production by Region
3.1 Global Smart Freight Elevators Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Smart Freight Elevators Production Value by Region (2020-2031)
3.2.1 Global Smart Freight Elevators Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Smart Freight Elevators by Region (2026-2031)
3.3 Global Smart Freight Elevators Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Smart Freight Elevators Production Volume by Region (2020-2031)
3.4.1 Global Smart Freight Elevators Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Smart Freight Elevators by Region (2026-2031)
3.5 Global Smart Freight Elevators Market Price Analysis by Region (2020-2025)
3.6 Global Smart Freight Elevators Production and Value, Year-over-Year Growth
3.6.1 North America Smart Freight Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Smart Freight Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Smart Freight Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Smart Freight Elevators Production Value Estimates and Forecasts (2020-2031)
4 Smart Freight Elevators Consumption by Region
4.1 Global Smart Freight Elevators Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Smart Freight Elevators Consumption by Region (2020-2031)
4.2.1 Global Smart Freight Elevators Consumption by Region (2020-2025)
4.2.2 Global Smart Freight Elevators Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Smart Freight Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Smart Freight Elevators Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Smart Freight Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Smart Freight Elevators Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Smart Freight Elevators Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Smart Freight Elevators Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Smart Freight Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Smart Freight Elevators Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Smart Freight Elevators Production by Type (2020-2031)
5.1.1 Global Smart Freight Elevators Production by Type (2020-2025)
5.1.2 Global Smart Freight Elevators Production by Type (2026-2031)
5.1.3 Global Smart Freight Elevators Production Market Share by Type (2020-2031)
5.2 Global Smart Freight Elevators Production Value by Type (2020-2031)
5.2.1 Global Smart Freight Elevators Production Value by Type (2020-2025)
5.2.2 Global Smart Freight Elevators Production Value by Type (2026-2031)
5.2.3 Global Smart Freight Elevators Production Value Market Share by Type (2020-2031)
5.3 Global Smart Freight Elevators Price by Type (2020-2031)
6 Segment by Application
6.1 Global Smart Freight Elevators Production by Application (2020-2031)
6.1.1 Global Smart Freight Elevators Production by Application (2020-2025)
6.1.2 Global Smart Freight Elevators Production by Application (2026-2031)
6.1.3 Global Smart Freight Elevators Production Market Share by Application (2020-2031)
6.2 Global Smart Freight Elevators Production Value by Application (2020-2031)
6.2.1 Global Smart Freight Elevators Production Value by Application (2020-2025)
6.2.2 Global Smart Freight Elevators Production Value by Application (2026-2031)
6.2.3 Global Smart Freight Elevators Production Value Market Share by Application (2020-2031)
6.3 Global Smart Freight Elevators Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Robert Bosch GmbH
7.1.1 Robert Bosch GmbH Smart Freight Elevators Company Information
7.1.2 Robert Bosch GmbH Smart Freight Elevators Product Portfolio
7.1.3 Robert Bosch GmbH Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Robert Bosch GmbH Main Business and Markets Served
7.1.5 Robert Bosch GmbH Recent Developments/Updates
7.2 KONE Corporation
7.2.1 KONE Corporation Smart Freight Elevators Company Information
7.2.2 KONE Corporation Smart Freight Elevators Product Portfolio
7.2.3 KONE Corporation Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.2.4 KONE Corporation Main Business and Markets Served
7.2.5 KONE Corporation Recent Developments/Updates
7.3 Schindler Group
7.3.1 Schindler Group Smart Freight Elevators Company Information
7.3.2 Schindler Group Smart Freight Elevators Product Portfolio
7.3.3 Schindler Group Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Schindler Group Main Business and Markets Served
7.3.5 Schindler Group Recent Developments/Updates
7.4 Fujitec Co., Ltd.
7.4.1 Fujitec Co., Ltd. Smart Freight Elevators Company Information
7.4.2 Fujitec Co., Ltd. Smart Freight Elevators Product Portfolio
7.4.3 Fujitec Co., Ltd. Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Fujitec Co., Ltd. Main Business and Markets Served
7.4.5 Fujitec Co., Ltd. Recent Developments/Updates
7.5 Halma PLC(Avire Trading Limited)
7.5.1 Halma PLC(Avire Trading Limited) Smart Freight Elevators Company Information
7.5.2 Halma PLC(Avire Trading Limited) Smart Freight Elevators Product Portfolio
7.5.3 Halma PLC(Avire Trading Limited) Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Halma PLC(Avire Trading Limited) Main Business and Markets Served
7.5.5 Halma PLC(Avire Trading Limited) Recent Developments/Updates
7.6 Hyundai Elevator Ltd
7.6.1 Hyundai Elevator Ltd Smart Freight Elevators Company Information
7.6.2 Hyundai Elevator Ltd Smart Freight Elevators Product Portfolio
7.6.3 Hyundai Elevator Ltd Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hyundai Elevator Ltd Main Business and Markets Served
7.6.5 Hyundai Elevator Ltd Recent Developments/Updates
7.7 Mitsubishi Electric Corporation
7.7.1 Mitsubishi Electric Corporation Smart Freight Elevators Company Information
7.7.2 Mitsubishi Electric Corporation Smart Freight Elevators Product Portfolio
7.7.3 Mitsubishi Electric Corporation Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Mitsubishi Electric Corporation Main Business and Markets Served
7.7.5 Mitsubishi Electric Corporation Recent Developments/Updates
7.8 Thyssenkrupp AG (TK Elevator)
7.8.1 Thyssenkrupp AG (TK Elevator) Smart Freight Elevators Company Information
7.8.2 Thyssenkrupp AG (TK Elevator) Smart Freight Elevators Product Portfolio
7.8.3 Thyssenkrupp AG (TK Elevator) Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Thyssenkrupp AG (TK Elevator) Main Business and Markets Served
7.8.5 Thyssenkrupp AG (TK Elevator) Recent Developments/Updates
7.9 Hitachi Ltd
7.9.1 Hitachi Ltd Smart Freight Elevators Company Information
7.9.2 Hitachi Ltd Smart Freight Elevators Product Portfolio
7.9.3 Hitachi Ltd Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Hitachi Ltd Main Business and Markets Served
7.9.5 Hitachi Ltd Recent Developments/Updates
7.10 Otis Worldwide Corporation
7.10.1 Otis Worldwide Corporation Smart Freight Elevators Company Information
7.10.2 Otis Worldwide Corporation Smart Freight Elevators Product Portfolio
7.10.3 Otis Worldwide Corporation Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Otis Worldwide Corporation Main Business and Markets Served
7.10.5 Otis Worldwide Corporation Recent Developments/Updates
7.11 Toshiba
7.11.1 Toshiba Smart Freight Elevators Company Information
7.11.2 Toshiba Smart Freight Elevators Product Portfolio
7.11.3 Toshiba Smart Freight Elevators Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Toshiba Main Business and Markets Served
7.11.5 Toshiba Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Smart Freight Elevators Industry Chain Analysis
8.2 Smart Freight Elevators Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Smart Freight Elevators Production Mode & Process Analysis
8.4 Smart Freight Elevators Sales and Marketing
8.4.1 Smart Freight Elevators Sales Channels
8.4.2 Smart Freight Elevators Distributors
8.5 Smart Freight Elevators Customer Analysis
9 Smart Freight Elevators Market Dynamics
9.1 Smart Freight Elevators Industry Trends
9.2 Smart Freight Elevators Market Drivers
9.3 Smart Freight Elevators Market Challenges
9.4 Smart Freight Elevators Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Robert Bosch GmbH
KONE Corporation
Schindler Group
Fujitec Co., Ltd.
Halma PLC(Avire Trading Limited)
Hyundai Elevator Ltd
Mitsubishi Electric Corporation
Thyssenkrupp AG (TK Elevator)
Hitachi Ltd
Otis Worldwide Corporation
Toshiba
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*If Applicable.