Global Elevator IoT Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Elevator IoT market size will reach 36,150 Million USD in 2025 and is projected to reach 86,426 Million USD by 2032, with a CAGR of 13.26% (2025-2032). Notably, the China Elevator IoT market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Elevator IoT (Internet of Things) refers to the integration of smart sensors, connectivity, and data analytics into elevators and their surrounding infrastructure to enhance safety, efficiency, and maintenance. By equipping elevators with IoT technology, various data points such as real-time usage information, equipment health status, and passenger feedback can be collected and analyzed, enabling predictive maintenance, remote monitoring, and improved operational performance. Elevator IoT solutions aim to provide a more seamless and reliable vertical transportation experience while reducing downtime and maintenance costs for building owners and facility managers.
The major global suppliers of Elevator IoT include Otis Elevator Company, KONE Corporation, Schindler Group, ThyssenKrupp AG, Mitsubishi Electric Corporation, Toshiba Elevator, Hitachi, Fujitec, Hyundai Elevator, Digi International, IBM, General Electric, Telefónica, Microsoft, Huawei, Siemens, Bosch, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Elevator IoT. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Elevator IoT market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Elevator IoT market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Elevator IoT industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Elevator IoT Include:
Otis Elevator Company
KONE Corporation
Schindler Group
ThyssenKrupp AG
Mitsubishi Electric Corporation
Toshiba Elevator
Hitachi
Fujitec
Hyundai Elevator
Digi International
IBM
General Electric
Telefónica
Microsoft
Huawei
Siemens
Bosch
Elevator IoT Product Segment Include:
Hardware
Software
Services
Elevator IoT Product Application Include:
Residential
Commercial
Industrial
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Elevator IoT Industry PESTEL Analysis
Chapter 3: Global Elevator IoT Industry Porter's Five Forces Analysis
Chapter 4: Global Elevator IoT Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Elevator IoT Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Elevator IoT Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Elevator IoT Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Elevator IoT market size will reach 36,150 Million USD in 2025 and is projected to reach 86,426 Million USD by 2032, with a CAGR of 13.26% (2025-2032). Notably, the China Elevator IoT market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Elevator IoT (Internet of Things) refers to the integration of smart sensors, connectivity, and data analytics into elevators and their surrounding infrastructure to enhance safety, efficiency, and maintenance. By equipping elevators with IoT technology, various data points such as real-time usage information, equipment health status, and passenger feedback can be collected and analyzed, enabling predictive maintenance, remote monitoring, and improved operational performance. Elevator IoT solutions aim to provide a more seamless and reliable vertical transportation experience while reducing downtime and maintenance costs for building owners and facility managers.
The major global suppliers of Elevator IoT include Otis Elevator Company, KONE Corporation, Schindler Group, ThyssenKrupp AG, Mitsubishi Electric Corporation, Toshiba Elevator, Hitachi, Fujitec, Hyundai Elevator, Digi International, IBM, General Electric, Telefónica, Microsoft, Huawei, Siemens, Bosch, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Elevator IoT. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Elevator IoT market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Elevator IoT market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Elevator IoT industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Elevator IoT Include:
Otis Elevator Company
KONE Corporation
Schindler Group
ThyssenKrupp AG
Mitsubishi Electric Corporation
Toshiba Elevator
Hitachi
Fujitec
Hyundai Elevator
Digi International
IBM
General Electric
Telefónica
Microsoft
Huawei
Siemens
Bosch
Elevator IoT Product Segment Include:
Hardware
Software
Services
Elevator IoT Product Application Include:
Residential
Commercial
Industrial
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Elevator IoT Industry PESTEL Analysis
Chapter 3: Global Elevator IoT Industry Porter's Five Forces Analysis
Chapter 4: Global Elevator IoT Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Elevator IoT Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Elevator IoT Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Elevator IoT Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Elevator IoT Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Elevator IoT Product by Type
- 1.2.1 Hardware
- 1.2.2 Software
- 1.2.3 Services
- 1.3 Elevator IoT Product by Application
- 1.3.1 Residential
- 1.3.2 Commercial
- 1.3.3 Industrial
- 1.4 Global Elevator IoT Market Size Analysis (2020-2032)
- 1.5 Elevator IoT Market Development Status and Trends
- 1.5.1 Elevator IoT Industry Development Status Analysis
- 1.5.2 Elevator IoT Industry Development Trends Analysis
- 2 Elevator IoT Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Elevator IoT Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Elevator IoT Market Analysis by Country
- 4.1 Global Elevator IoT Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Elevator IoT Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Elevator IoT Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.5 China Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.6 France Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.14 India Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Elevator IoT Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Elevator IoT Market Revenue by Key Suppliers (2021-2025)
- 5.2 Elevator IoT Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Elevator IoT Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Elevator IoT Market Analysis by Type
- 6.1 Global Elevator IoT Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global Elevator IoT Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Otis Elevator Company
- 7.1.1 Otis Elevator Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Otis Elevator Company Elevator IoT Product Portfolio
- 7.1.3 Otis Elevator Company Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 KONE Corporation
- 7.2.1 KONE Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 KONE Corporation Elevator IoT Product Portfolio
- 7.2.3 KONE Corporation Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 Schindler Group
- 7.3.1 Schindler Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Schindler Group Elevator IoT Product Portfolio
- 7.3.3 Schindler Group Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 ThyssenKrupp AG
- 7.4.1 ThyssenKrupp AG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 ThyssenKrupp AG Elevator IoT Product Portfolio
- 7.4.3 ThyssenKrupp AG Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Mitsubishi Electric Corporation
- 7.5.1 Mitsubishi Electric Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Mitsubishi Electric Corporation Elevator IoT Product Portfolio
- 7.5.3 Mitsubishi Electric Corporation Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 Toshiba Elevator
- 7.6.1 Toshiba Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Toshiba Elevator Elevator IoT Product Portfolio
- 7.6.3 Toshiba Elevator Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 Hitachi
- 7.7.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Hitachi Elevator IoT Product Portfolio
- 7.7.3 Hitachi Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 Fujitec
- 7.8.1 Fujitec Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 Fujitec Elevator IoT Product Portfolio
- 7.8.3 Fujitec Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 Hyundai Elevator
- 7.9.1 Hyundai Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Hyundai Elevator Elevator IoT Product Portfolio
- 7.9.3 Hyundai Elevator Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 Digi International
- 7.10.1 Digi International Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Digi International Elevator IoT Product Portfolio
- 7.10.3 Digi International Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 IBM
- 7.11.1 IBM Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 IBM Elevator IoT Product Portfolio
- 7.11.3 IBM Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 General Electric
- 7.12.1 General Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 General Electric Elevator IoT Product Portfolio
- 7.12.3 General Electric Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Telefónica
- 7.13.1 Telefónica Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Telefónica Elevator IoT Product Portfolio
- 7.13.3 Telefónica Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 Microsoft
- 7.14.1 Microsoft Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Microsoft Elevator IoT Product Portfolio
- 7.14.3 Microsoft Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.15 Huawei
- 7.15.1 Huawei Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 Huawei Elevator IoT Product Portfolio
- 7.15.3 Huawei Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.16 Siemens
- 7.16.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 Siemens Elevator IoT Product Portfolio
- 7.16.3 Siemens Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.17 Bosch
- 7.17.1 Bosch Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 Bosch Elevator IoT Product Portfolio
- 7.17.3 Bosch Elevator IoT Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Elevator IoT Industry Chain Analysis
- 8.2 Elevator IoT Product Downstream Application Analysis
- 8.2.1 Global Elevator IoT Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
- 8.2.2 Global Elevator IoT Revenue and Forecast by Application (2020-2032)
- 8.3 Elevator IoT Typical Downstream Customers
- 8.4 Elevator IoT Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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