
IoT-enabled Smart Elevator Solution refers to a modern and advanced elevator system that incorporates Internet of Things (IoT) technology to enhance the performance, efficiency, safety, and overall user experience of elevators. These solutions leverage IoT sensors, connectivity, data analytics, and cloud computing to provide various smart features and functionalities.
The global market for IoT-enabled Smart Elevator Solution was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
IoT-enabled smart elevator solutions integrate Internet of Things (IoT) technology into traditional elevator systems to enhance functionality, efficiency, and user experience. These solutions leverage sensors, data analytics, connectivity, and cloud computing to offer a range of features, including real-time monitoring, predictive maintenance, energy optimization, and improved security. The adoption of IoT-enabled smart elevator solutions has been widespread across regions, with major markets including North America, Europe, Asia-Pacific, and the Middle East. Asia, in particular, has witnessed significant growth in the smart elevator market, driven by the rapid urbanization and development of smart cities in the region. The global market for IoT-enabled smart elevator solutions is expected to continue growing as more buildings, both new and existing, embrace smart building initiatives. Advancements in IoT technology, artificial intelligence (AI), and machine learning are likely to drive further innovations in smart elevator systems, leading to improved efficiency, safety, and sustainability. The ongoing integration of smart elevator solutions with cloud-based platforms and data analytics will enable building owners and facility managers to access valuable insights for optimizing elevator performance and overall building operations.
Report Scope
This report aims to provide a comprehensive presentation of the global market for IoT-enabled Smart Elevator Solution, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of IoT-enabled Smart Elevator Solution by region & country, by Type, and by Application.
The IoT-enabled Smart Elevator Solution market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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 IoT-enabled Smart Elevator Solution.
Market Segmentation
By Company
Otis Worldwide
Hitachi
Schindler
Mitsubishi Electric
Hyundai Elevator
Fujitec
KONE
TK Elevator
Bosch
Toshiba Elevators
Siemens
Honeywell
Hainayun
Segment by Type:
Hardware
Software
Service
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides 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 2: Detailed analysis of IoT-enabled Smart Elevator Solution manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of IoT-enabled Smart Elevator Solution in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of IoT-enabled Smart Elevator Solution in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 IoT-enabled Smart Elevator Solution Product Introduction
1.2 Global IoT-enabled Smart Elevator Solution Market Size Forecast
1.3 IoT-enabled Smart Elevator Solution Market Trends & Drivers
1.3.1 IoT-enabled Smart Elevator Solution Industry Trends
1.3.2 IoT-enabled Smart Elevator Solution Market Drivers & Opportunity
1.3.3 IoT-enabled Smart Elevator Solution Market Challenges
1.3.4 IoT-enabled Smart Elevator Solution Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global IoT-enabled Smart Elevator Solution Players Revenue Ranking (2023)
2.2 Global IoT-enabled Smart Elevator Solution Revenue by Company (2019-2024)
2.3 Key Companies IoT-enabled Smart Elevator Solution Manufacturing Base Distribution and Headquarters
2.4 Key Companies IoT-enabled Smart Elevator Solution Product Offered
2.5 Key Companies Time to Begin Mass Production of IoT-enabled Smart Elevator Solution
2.6 IoT-enabled Smart Elevator Solution Market Competitive Analysis
2.6.1 IoT-enabled Smart Elevator Solution Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by IoT-enabled Smart Elevator Solution Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in IoT-enabled Smart Elevator Solution as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hardware
3.1.2 Software
3.1.3 Service
3.2 Global IoT-enabled Smart Elevator Solution Sales Value by Type
3.2.1 Global IoT-enabled Smart Elevator Solution Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global IoT-enabled Smart Elevator Solution Sales Value, by Type (2019-2030)
3.2.3 Global IoT-enabled Smart Elevator Solution Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global IoT-enabled Smart Elevator Solution Sales Value by Application
4.2.1 Global IoT-enabled Smart Elevator Solution Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global IoT-enabled Smart Elevator Solution Sales Value, by Application (2019-2030)
4.2.3 Global IoT-enabled Smart Elevator Solution Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global IoT-enabled Smart Elevator Solution Sales Value by Region
5.1.1 Global IoT-enabled Smart Elevator Solution Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global IoT-enabled Smart Elevator Solution Sales Value by Region (2019-2024)
5.1.3 Global IoT-enabled Smart Elevator Solution Sales Value by Region (2025-2030)
5.1.4 Global IoT-enabled Smart Elevator Solution Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
5.2.2 North America IoT-enabled Smart Elevator Solution Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
5.3.2 Europe IoT-enabled Smart Elevator Solution Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
5.4.2 Asia Pacific IoT-enabled Smart Elevator Solution Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
5.5.2 South America IoT-enabled Smart Elevator Solution Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
5.6.2 Middle East & Africa IoT-enabled Smart Elevator Solution Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions IoT-enabled Smart Elevator Solution Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions IoT-enabled Smart Elevator Solution Sales Value
6.3 United States
6.3.1 United States IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.3.2 United States IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.3.3 United States IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.4.2 Europe IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.5.2 China IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.5.3 China IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.6.2 Japan IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.7.2 South Korea IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.8.2 Southeast Asia IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India IoT-enabled Smart Elevator Solution Sales Value, 2019-2030
6.9.2 India IoT-enabled Smart Elevator Solution Sales Value by Type (%), 2023 VS 2030
6.9.3 India IoT-enabled Smart Elevator Solution Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Otis Worldwide
7.1.1 Otis Worldwide Profile
7.1.2 Otis Worldwide Main Business
7.1.3 Otis Worldwide IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.1.4 Otis Worldwide IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.1.5 Otis Worldwide Recent Developments
7.2 Hitachi
7.2.1 Hitachi Profile
7.2.2 Hitachi Main Business
7.2.3 Hitachi IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.2.4 Hitachi IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.2.5 Hitachi Recent Developments
7.3 Schindler
7.3.1 Schindler Profile
7.3.2 Schindler Main Business
7.3.3 Schindler IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.3.4 Schindler IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.3.5 Mitsubishi Electric Recent Developments
7.4 Mitsubishi Electric
7.4.1 Mitsubishi Electric Profile
7.4.2 Mitsubishi Electric Main Business
7.4.3 Mitsubishi Electric IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.4.4 Mitsubishi Electric IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.4.5 Mitsubishi Electric Recent Developments
7.5 Hyundai Elevator
7.5.1 Hyundai Elevator Profile
7.5.2 Hyundai Elevator Main Business
7.5.3 Hyundai Elevator IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.5.4 Hyundai Elevator IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.5.5 Hyundai Elevator Recent Developments
7.6 Fujitec
7.6.1 Fujitec Profile
7.6.2 Fujitec Main Business
7.6.3 Fujitec IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.6.4 Fujitec IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.6.5 Fujitec Recent Developments
7.7 KONE
7.7.1 KONE Profile
7.7.2 KONE Main Business
7.7.3 KONE IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.7.4 KONE IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.7.5 KONE Recent Developments
7.8 TK Elevator
7.8.1 TK Elevator Profile
7.8.2 TK Elevator Main Business
7.8.3 TK Elevator IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.8.4 TK Elevator IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.8.5 TK Elevator Recent Developments
7.9 Bosch
7.9.1 Bosch Profile
7.9.2 Bosch Main Business
7.9.3 Bosch IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.9.4 Bosch IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.9.5 Bosch Recent Developments
7.10 Toshiba Elevators
7.10.1 Toshiba Elevators Profile
7.10.2 Toshiba Elevators Main Business
7.10.3 Toshiba Elevators IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.10.4 Toshiba Elevators IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.10.5 Toshiba Elevators Recent Developments
7.11 Siemens
7.11.1 Siemens Profile
7.11.2 Siemens Main Business
7.11.3 Siemens IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.11.4 Siemens IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.11.5 Siemens Recent Developments
7.12 Honeywell
7.12.1 Honeywell Profile
7.12.2 Honeywell Main Business
7.12.3 Honeywell IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.12.4 Honeywell IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.12.5 Honeywell Recent Developments
7.13 Hainayun
7.13.1 Hainayun Profile
7.13.2 Hainayun Main Business
7.13.3 Hainayun IoT-enabled Smart Elevator Solution Products, Services and Solutions
7.13.4 Hainayun IoT-enabled Smart Elevator Solution Revenue (US$ Million) & (2019-2024)
7.13.5 Hainayun Recent Developments
8 Industry Chain Analysis
8.1 IoT-enabled Smart Elevator Solution Industrial Chain
8.2 IoT-enabled Smart Elevator Solution Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 IoT-enabled Smart Elevator Solution Sales Model
8.5.2 Sales Channel
8.5.3 IoT-enabled Smart Elevator Solution Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Otis Worldwide
Hitachi
Schindler
Mitsubishi Electric
Hyundai Elevator
Fujitec
KONE
TK Elevator
Bosch
Toshiba Elevators
Siemens
Honeywell
Hainayun
Ìý
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*If Applicable.
