Global Smart Interconnected Elevator Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our latest research, the global Smart Interconnected Elevator market size will reach USD 10770 million in 2031, growing at a CAGR of 4.1% over the analysis period.
A Smart Interconnected Elevator, also known as an Intelligent or Smart Elevator, is a modern and technologically advanced elevator system that utilizes digital connectivity, automation, and data analytics to provide a more efficient, safe, and convenient vertical transportation experience. These elevators are part of the broader concept of smart buildings and are designed to enhance the overall buildings performance and user experience.
According to data released by the National Bureau of Statistics, Chinas 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 worlds largest elevator producer and consumer. More than 70% of the worlds elevator manufacturing business were in Chinese mainland, and 60%-65% of the worlds 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.
This report is a detailed and comprehensive analysis for global Smart Interconnected Elevator market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Smart Interconnected Elevator market size and forecasts, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Interconnected Elevator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Interconnected Elevator market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ThyssenKrupp AG, OTIS Elevator Company, Kone Corporation, Schindler Group, Hitachi Ltd, Hyundai Elevator, Toshiba Elevator (China), Mitsubishi Electric, FUJITEC, Motion Control Engineering, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Smart Interconnected Elevator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Security And Control System
Sensors, Motors And Automation Systems
Building Management System
Others
Market segment by Application
Residential
Commercial
Market segment by players, this report covers
ThyssenKrupp AG
OTIS Elevator Company
Kone Corporation
Schindler Group
Hitachi Ltd
Hyundai Elevator
Toshiba Elevator (China)
Mitsubishi Electric
FUJITEC
Motion Control Engineering
Dewhurst
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Interconnected Elevator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Interconnected Elevator, with revenue, gross margin, and global market share of Smart Interconnected Elevator from 2020 to 2025.
Chapter 3, the Smart Interconnected Elevator competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Interconnected Elevator market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Interconnected Elevator.
Chapter 13, to describe Smart Interconnected Elevator research findings and conclusion.
A Smart Interconnected Elevator, also known as an Intelligent or Smart Elevator, is a modern and technologically advanced elevator system that utilizes digital connectivity, automation, and data analytics to provide a more efficient, safe, and convenient vertical transportation experience. These elevators are part of the broader concept of smart buildings and are designed to enhance the overall buildings performance and user experience.
According to data released by the National Bureau of Statistics, Chinas 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 worlds largest elevator producer and consumer. More than 70% of the worlds elevator manufacturing business were in Chinese mainland, and 60%-65% of the worlds 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.
This report is a detailed and comprehensive analysis for global Smart Interconnected Elevator market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Smart Interconnected Elevator market size and forecasts, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Smart Interconnected Elevator market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Interconnected Elevator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Interconnected Elevator market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ThyssenKrupp AG, OTIS Elevator Company, Kone Corporation, Schindler Group, Hitachi Ltd, Hyundai Elevator, Toshiba Elevator (China), Mitsubishi Electric, FUJITEC, Motion Control Engineering, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Smart Interconnected Elevator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Security And Control System
Sensors, Motors And Automation Systems
Building Management System
Others
Market segment by Application
Residential
Commercial
Market segment by players, this report covers
ThyssenKrupp AG
OTIS Elevator Company
Kone Corporation
Schindler Group
Hitachi Ltd
Hyundai Elevator
Toshiba Elevator (China)
Mitsubishi Electric
FUJITEC
Motion Control Engineering
Dewhurst
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Interconnected Elevator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Interconnected Elevator, with revenue, gross margin, and global market share of Smart Interconnected Elevator from 2020 to 2025.
Chapter 3, the Smart Interconnected Elevator competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Interconnected Elevator market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Interconnected Elevator.
Chapter 13, to describe Smart Interconnected Elevator research findings and conclusion.
Table of Contents
109 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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