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Smart Elevators Market Global Report 2026

Published Jan 27, 2026
Length 250 Pages
SKU # BRC20818077

Description

Smart Elevators Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses smart elevators market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for smart elevators ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The smart elevators market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets Covered:1) By Setup: Modernization, Maintenance, New Deployments

2) By Carriage: Passenger; Freight

3) By Installation: Low And Mid Rise; High-Rise

4) By Application: Residential; Commercial; Industrial

Subsegments:

1) By Modernization: Retrofit of Existing Elevators; Upgrading Control Systems

2) By Maintenance: Preventive Maintenance; Predictive Maintenance

3) By New Deployments: Residential Smart Elevators; Commercial Smart Elevators; Industrial Smart Elevators

Companies Mentioned: Hitachi Ltd.; Thyssenkrupp AG; Mitsubishi Electric; Otis Elevator Company; Schindler Group; Kone Corporation; Hyundai Elevators Co. Ltd.; Fujitec Co. Ltd.; Sigma Elevator Company; Toshiba Elevator and Building Systems Corporation; Nidec Elevator Group; Emerald Elevators; TK Elevator; Canny Elevator Co., Ltd.; Zhejiang Meilun Elevator Co., Ltd.; SJEC Corporation; Kleemann Hellas SA; Orona Group; Doppler S.A.; IFE Elevators Co., Ltd.; Express Lift Company; Stannah Group; Wittur Group; AVT Beckett;

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 2-3 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Smart Elevators Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Smart Elevators Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Smart Elevators Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Smart Elevators Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Internet Of Things And Smart Infrastructure And Connected Ecosystems
4.1.2 Artificial Intelligence And Autonomous Intelligence
4.1.3 Sustainability And Climate Tech And Circular Economy
4.1.4 Industry 4.0 And Intelligent Manufacturing
4.1.5 Digitalization And Cloud And Big Data And Cybersecurity
4.2. Major Trends
4.2.1 Increasing Adoption Of Artificial Intelligence Based Elevator Dispatch Systems
4.2.2 Rising Deployment Of Predictive Maintenance Technologies
4.2.3 Growing Integration Of Energy Efficient Elevator Solutions
4.2.4 Expansion Of Smart Elevators In High Rise Buildings
4.2.5 Enhanced Focus On Passenger Experience Optimization
5. Smart Elevators Market Analysis Of End Use Industries
5.1 Commercial Building Owners
5.2 Residential Property Developers
5.3 Facility Management Companies
5.4 Industrial Building Operators
5.5 Smart Infrastructure Developers
6. Smart Elevators Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Smart Elevators Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Smart Elevators PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Smart Elevators Market Size, Comparisons And Growth Rate Analysis
7.3. Global Smart Elevators Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Smart Elevators Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Smart Elevators Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Smart Elevators Market Segmentation
9.1. Global Smart Elevators Market, Segmentation By Setup, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Modernization, Maintenance, New Deployments
9.2. Global Smart Elevators Market, Segmentation By Carriage, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Passenger, Freight
9.3. Global Smart Elevators Market, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Low And Mid Rise, High Rise
9.4. Global Smart Elevators Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Residential, Commercial, Industrial
9.5. Global Smart Elevators Market, Sub-Segmentation Of Modernization, By Setup, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Retrofit Of Existing Elevators, Upgrading Control Systems
9.6. Global Smart Elevators Market, Sub-Segmentation Of Maintenance, By Setup, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Preventive Maintenance, Predictive Maintenance
9.7. Global Smart Elevators Market, Sub-Segmentation Of New Deployments, By Setup, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Residential Smart Elevators, Commercial Smart Elevators, Industrial Smart Elevators
10. Smart Elevators Market Regional And Country Analysis
10.1. Global Smart Elevators Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Smart Elevators Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Smart Elevators Market
11.1. Asia-Pacific Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
11.2. Asia-Pacific Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Smart Elevators Market
12.1. China Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Smart Elevators Market
13.1. India Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Smart Elevators Market
14.1. Japan Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Smart Elevators Market
15.1. Australia Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Smart Elevators Market
16.1. Indonesia Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Smart Elevators Market
17.1. South Korea Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Smart Elevators Market
18.1. Taiwan Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Smart Elevators Market
19.1. South East Asia Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
19.2. South East Asia Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Smart Elevators Market
20.1. Western Europe Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
20.2. Western Europe Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Smart Elevators Market
21.1. UK Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Smart Elevators Market
22.1. Germany Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Smart Elevators Market
23.1. France Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Smart Elevators Market
24.1. Italy Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Smart Elevators Market
25.1. Spain Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Smart Elevators Market
26.1. Eastern Europe Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
26.2. Eastern Europe Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Smart Elevators Market
27.1. Russia Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Smart Elevators Market
28.1. North America Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
28.2. North America Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Smart Elevators Market
29.1. USA Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Smart Elevators Market
30.1. Canada Smart Elevators Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Smart Elevators Market
31.1. South America Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
31.2. South America Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Smart Elevators Market
32.1. Brazil Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Smart Elevators Market
33.1. Middle East Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
33.2. Middle East Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Smart Elevators Market
34.1. Africa Smart Elevators Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
34.2. Africa Smart Elevators Market, Segmentation By Setup, Segmentation By Carriage, Segmentation By Installation, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Smart Elevators Market Regulatory and Investment Landscape
36. Smart Elevators Market Competitive Landscape And Company Profiles
36.1. Smart Elevators Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Smart Elevators Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Smart Elevators Market Company Profiles
36.3.1. Hitachi Ltd Overview, Products and Services, Strategy and Financial Analysis
36.3.2. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Mitsubishi Electric Overview, Products and Services, Strategy and Financial Analysis
36.3.4. Otis Elevator Company Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Schindler Group Overview, Products and Services, Strategy and Financial Analysis
37. Smart Elevators Market Other Major And Innovative Companies
Kone Corporation, Hyundai Elevators Co Ltd, Fujitec Co Ltd, Sigma Elevator Company, Toshiba Elevator And Building Systems Corporation, Nidec Elevator Group, Emerald Elevators, TK Elevator, Canny Elevator Co Ltd, Zhejiang Meilun Elevator Co Ltd, SJEC Corporation, Kleemann Hellas SA, Orona Group, Doppler SA, IFE Elevators Co Ltd
38. Global Smart Elevators Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Smart Elevators Market
40. Smart Elevators Market High Potential Countries, Segments and Strategies
40.1 Smart Elevators Market In 2030 - Countries Offering Most New Opportunities
40.2 Smart Elevators Market In 2030 - Segments Offering Most New Opportunities
40.3 Smart Elevators Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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