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Smart Elevator Market by Component (Control System, Maintenance System, Communication System), Services (New Installation, Modernization, Maintenance), Application and Geography - Global Forecast to 2022

Smart Elevator Market by Component (Control System, Maintenance System, Communication System), Services (New Installation, Modernization, Maintenance), Application and Geography - Global Forecast to 2022

“Growing urbanization driving the smart elevator market”
The smart elevator market is expected to grow from USD 9.54 million in 2015 to USD 26.69 million by 2022. The market is driven by factors such as rapid urbanization, rising adoption of wireless technology, and increasing demand for energy-efficient solutions. The rapid urbanization is considered to be the key driver for the smart elevator market.

“Commercial application to dominate the market during the forecast period”
The commercial application is the largest market. Reducing energy consumption has become a major objective for building owners, governments, and other stakeholders. Replacing existing systems with energy-efficient systems is one of the ways to reduce this pool of energy usage. Adding smart elevator controls over existing systems is the best way to ensure energy reduction.

“APAC offers high-growth avenues during the forecast period”
The robust growth is attributed to commercial, residential developments, and increased governmental expenditure. Another factor for the growth is increasing number of smart high-rise buildings in the region. APAC is the fastest-growing region in the smart elevator market. Countries such as China, India, and Japan are the key contributors to the growth of the market. Increased construction spending, improved living standards, urbanization are the key drivers of the smart elevator market in APAC.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profile of primary participants is given below:
By Company Type: Tier I ¬¬– 30%, Tier II – 48%, and Tier III – 22%
By Designation: C-Level – 25%, Director Level – 60%, and Others – 15%
By Region: North America – 50%, Europe – 30%, APAC – 15%, and RoW – 5%

The major companies in the smart elevator ecosystem profiled in this report are as follows:
1. ThyssenKrupp AG (Germany)
2. Otis Elevator Company (U.S.)
3. KONE Corporation (Finland)
4. Schindler Group (Switzerland)
5. Hitachi Ltd. (Japan)
6. Hyundai Elevator Company Ltd. (South Korea)
7. Toshiba Elevators and Building Systems Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Fujitec Co., Ltd. (Japan)
10. Motion Control Engineering, Inc. (U.S.)

The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the smart elevator market comprehensively and provides the closest value approximations of the overall market and the subsegments across different applications and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product develpoments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • INTRODUCTION
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE SMART ELEVATOR MARKET
    • SMART ELEVATOR MARKET GROWTH, BY SERVICE
    • SMART ELEVATOR MARKET IN APAC, 2015
    • SMART ELEVATOR: GEOGRAPHICAL SNAPSHOT FOR THE FORECAST PERIOD
    • SMART ELEVATOR, BY APPLICATION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • SMART ELEVATOR MARKET, BY COMPONENT
      • SMART ELEVATOR MARKET, BY APPLICATION
      • SMART ELEVATOR MARKET, BY SERVICE
      • SMART ELEVATOR MARKET, BY GEOGRAPHY
    • MARKET DYNAMICS: SMART ELEVATOR MARKET
      • INCREASING DEMAND FOR ENERGY-EFFICIENT SYSTEMS
      • RAPID URBANIZATION
      • GROWING CONSTRUCTION & REAL ESTATE INDUSTRY
      • HIGH DEMAND FOR SECURITY
      • RISING ADOPTION OF WIRELESS TECHNOLOGY
    • RESTRAINTS
      • GLOBAL ECONOMIC SLOWDOWN
      • SUBSTANTIAL INITIAL INVESTMENT
    • OPPORTUNITIES
      • INDUSTRIAL INCLINATION TOWARD GREEN TECHNOLOGIES
    • CHALLENGES
      • LACK OF INTEROPERABILITY
      • ENTRY BARRIERS & MARKET CONSOLIDATION
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
      • ORIGINAL EQUIPMENT MANUFACTURERS (OEMS)
      • SYSTEM INTEGRATORS
      • DISTRIBUTORS AND PARTNERS
    • KEY INDUSTRY TRENDS
    • PORTER'S FIVE FORCES ANALYSIS
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
  • MARKET, BY COMPONENT
    • INTRODUCTION
      • Table SMART ELEVATOR MARKET, BY COMPONENT, 2013-2022 (USD MILLION)
      • CONTROL SYSTEMS
        • Table CONTROL SYSTEMS MARKET, BY TYPE, 2013-2022 (USD MILLION)
        • Table SECURITY CONTROL SYSTEMS MARKET, BY TYPE, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET, BY TYPE , 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR BIOMETRIC SOLUTIONS, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR CARD-BASED SYSTEMS, BY APPLICATION, 2013-2022, (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR TOUCH SCREENS- & KEYPAD-BASED SYSTEMS, BY APPLICATION 2013-2022 (USD MILLION)
        • Table SENSORS MARKET, BY TYPE, 2013-2022 (USD MILLION)
      • MAINTENENCE SYSTEMS
      • COMMUNICATION SYSTEMS
  • SMART ELEVATOR MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SMART ELEVATOR MARKET, BY APPLICATION, 2013-2022 (USD MILLION)
      • RESIDENTIAL
        • Table SMART ELEVATOR MARKET FOR RESIDENTIAL APPLICATION, BY SERVICE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR RESIDENTIAL APPLICATION, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR RESIDENTIAL APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2013-2022 (USD MILLION)
      • COMMERCIAL
        • Table SMART ELEVATOR MARKET FOR COMMERCIAL APPLICATION, BY END USER, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR COMMERCIAL APPLICATION, BY SERVICE, 2013-2022 (USD MILLION)
        • Table COMMERCIAL APPLICATION MARKET, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR COMMERCIAL APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR COMMERCIAL APPLICATION, BY REGION, 2013-2022 (USD MILLION)
      • INSTITUTIONAL
        • Table SMART ELEVATOR MARKT FOR INSTITUTIONAL APPLICATION, BY END USER, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR INSTITUTIONAL APPLICATION, BY SERVICE, 2013-2022 (USD MILLION)
        • Table INSTITUTIONAL APPLICATION MARKET, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR INSTITUTIONAL APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR INSTITUTIONAL APPLICATION, BY REGION, 2013-2022 (USD MILLION)
      • AUTOMATED VEHICLE STORAGE AND RETRIVAL SYSTEM
        • Table SMART ELEVATOR MARKET FOR AVSRS APPLICATION, BY SERVICE, 2013-2022 (USD MILLION)
        • Table AVSRS APPLICATION MARKET, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table ACCESS CONTROL SYSTEMS MARKET FOR AVSRS APPLICATION, BY TYPE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR AVSRS APPLICATION, BY REGION, 2013-2022 (USD MILLION)
  • SMART ELEVATOR MARKET, BY SERVICE
    • INTRODUCTION
      • Table SMART ELEVATOR MARKET, BY SERVICE, 2013-2022 (USD MILLION)
      • Table SMART ELEVATOR MARKET, BY SERVICE, 2013-2022 (MILLION UNITS)
      • NEW INSTALLATION SERVICES
        • Table SMART ELEVATOR MARKET FOR NEW INSTALLATION SERVICES, BY REGION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR NEW INSTALLATION SERVICES, BY APPLICATION, 2013-2022 (USD MILLION)
      • MODERNIZATION SERVICES
        • Table SMART ELEVATOR MARKET FOR MODERNIZATION SERVICES, BY REGION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR MODERNIATION SERVICES, BY APPLICATION, 2013-2022 (USD MILLION)
      • MAINTENANCE SERVICES
        • Table SMART ELEVATOR MARKET FOR MAINTENENCE SERVICES, BY REGION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET FOR MAINTENENCE SERVICES, BY APPLICATION, 2013-2022 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SMART ELEVATOR MARKET, BY REGION, 2013-2022 (USD MILLION)
    • NORTH AMERICA
      • U.S. TO REMAIN THE MAJOR MARKET IN NORTH AMERICA
        • Table SMART ELEVATOR MARKET IN NORTH AMERICA, BY SERVICE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN NORTH AMERICA, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN NORTH AMERICA, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN U.S., BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN CANADA, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN MEXICO, BY APPLICATION, 2013-2022 (USD MILLION)
    • EUROPE
      • ENERGY-EFFICIENCY DIRECTIVE AND ENERGY PERFORMANCE OF BUILDING DIRECTIVE (EPBD) OF THE EUROPEAN REAL ESTATE SEGMENT BOOST THE GROWTH OF THIS MARKET
        • Table SMART ELEVATOR MARKET IN EUROPE, BY SERVICE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN EUROPE, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN EUROPE, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN U.K., BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN GERMANY, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN FRANCE, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN ITALY, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN REST OF EUROPE, BY APPLICATION, 2013-2022 (USD MILLION)
    • APAC
      • INDIA ATTRACTED NEARLY USD 40BILLION FOREIGN DIRECT INVESTMENT (FDI) BETWEEN 2000 AND 2013 IN THE CONSTRUCTION SECTOR DRIVING THE SMART ELEVATOR MARKET
        • Table SMART ELEVATOR MARKET IN APAC, BY SERVICE, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN APAC, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN APAC, BY COUNTRY, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN CHINA, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN JAPAN, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN SOUTH KOREA, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN INDIA, BY APPLICATION, 2013-2022 (USD MILLION)
        • Table SMART ELEVATOR MARKET IN REST OF APAC, BY APPLICATION, 2013-2022 (USD MILLION)
    • ROW
      • Table SMART ELEVATOR MARKET IN ROW, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table SMART ELEVATOR MARKET IN ROW, BY SERVICE, 2013-2022 (USD MILLION)
      • Table SMART ELEVATOR MARKET IN ROW, BY COUNTRY, 2013-2022 (USD MILLION)
      • Table SMART ELEVATOR MARKET IN LATIN AMERICA, BY APPLICATION, 2013-2022 (USD MILLION)
      • Table SMART ELEVATOR MARKET IN MIDDLE EAST & AFRICA, BY APPLICATION, 2013-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • IMARKET RANKING ANALYSIS FOR THE SMART ELEVATOR MARKET, 2015
    • COMPETITIVE SCENERIO
    • CONTRACTS & EXPANSIONS
      • Table CONTRACTS & EXPANSIONS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS
  • COMPANY PROFILES
    • INTRODUCTION
    • THYSSENKRUPP AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VEIW
    • OTIS ELEVATOR COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KONE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHINDLER GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HITACHI LTD.
      • BUSINESS OVERVEIW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HYUNDAI ELEVATOR CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFRED
      • RECENT DEVELOPMENTS
    • TOSHIBA ELEVATORS AND BUILDING SYSTEMS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVLOPMENTS
    • MITSHUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • FUJITEC CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MOTION CONTROL ENGINEERING, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES
    • THAMES VALLEY CONTROLS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • EITO&GLOBAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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