Smart Elevator Automation System Market, By Service (Installation Service, Repair & Maintenance Service, Modernization Service), By Component (Card Reader, Biometric, Touch Screen and Keypad, Security and Control System, Sensors, Motors and Automation Sys
Description
Smart Elevator Automation System Market, By Service (Installation Service, Repair & Maintenance Service, Modernization Service), By Component (Card Reader, Biometric, Touch Screen and Keypad, Security and Control System, Sensors, Motors and Automation System, Building Management System), By End User (Residential Sector, Commercial Sector, Hotel, Other), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Smart elevators are now being used nowadays in public buildings like hotels, residential homes, offices, malls, theaters, hospitals, sports venues and even airports. These are basically designed in order to minimize total energy consumption and better manage passenger traffic within a given building. These elevators help to increase the overall productivity of a public building and also help to keep visitors safe. For example, in a large hotel or museum, smart elevators will be able to reduce the number of elevator users and make the platform more safe and convenient for everyone.
In addition, there is no need to make any major structural changes in order to use smart elevators since they do not require any major overhaul to the structure of the building. This means that the total cost of installing a smart elevator is likely to be much lower than the total amount of money required for an existing elevator installation. The savings from the initial investment made by smart elevators will then be passed on to the customers by way of reduced operating costs. Therefore, smart elevators offer a cost effective solution to a public building's overall maintenance and operating costs.
Market Dynamics:
Launch of new products is expected to propel growth of the global smart elevator automation system market. For instance, in July 2021, The Elevator and Escalator Division of Mitsubishi Electric US launched ELEMOTION, a modernization package to help building owners maintain the quality of existing elevator systems with targeted component updates.
Major players operating in the global smart elevator automation system market are focused on adopting M&A strategies to enhance their market share. For instance, in October 2021, 3Phase Elevator merged with Advanced Elevator, a company that provides similar services in Washington, D.C., Maryland.
Key features of the study:
This report provides in-depth analysis of the global smart elevator automation system market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart elevator automation system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Fujitec Co. Ltd., Honeywell International Inc., Mitsubishi Electric Corporation, Tyco International Limited, Hitachi Ltd., Schindler Group, Kone Corporation, ThyssenKrupp Elevator AG, and Otis Elevator Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart elevator automation system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart elevator automation system market
Detail Segmentation
Global Smart Elevator Automation System Market, By service:
Installation Service
Repair & Maintenance Service
Modernization Service
Global Smart Elevator Automation System Market, By Component:
Card Reader
Biometric
Touch Screen and Keypad
Security and Control System
Sensors, Motors and Automation System
Building Management System
Global Smart Elevator Automation System Market, By End User:
Residential Sector
Commercial Sector
Hotel
Other
Global Smart Elevator Automation System Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Fujitec Co. Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Honeywell International Inc.
Mitsubishi Electric Corporation
Tyco International Limited
Hitachi Ltd.
Schindler Group
Kone Corporation
ThyssenKrupp Elevator AG
Otis Elevator Company
*Browse all the market data tables and figures on “Global Smart Elevator Automation System Market- Forecast to 2028”
Smart elevators are now being used nowadays in public buildings like hotels, residential homes, offices, malls, theaters, hospitals, sports venues and even airports. These are basically designed in order to minimize total energy consumption and better manage passenger traffic within a given building. These elevators help to increase the overall productivity of a public building and also help to keep visitors safe. For example, in a large hotel or museum, smart elevators will be able to reduce the number of elevator users and make the platform more safe and convenient for everyone.
In addition, there is no need to make any major structural changes in order to use smart elevators since they do not require any major overhaul to the structure of the building. This means that the total cost of installing a smart elevator is likely to be much lower than the total amount of money required for an existing elevator installation. The savings from the initial investment made by smart elevators will then be passed on to the customers by way of reduced operating costs. Therefore, smart elevators offer a cost effective solution to a public building's overall maintenance and operating costs.
Market Dynamics:
Launch of new products is expected to propel growth of the global smart elevator automation system market. For instance, in July 2021, The Elevator and Escalator Division of Mitsubishi Electric US launched ELEMOTION, a modernization package to help building owners maintain the quality of existing elevator systems with targeted component updates.
Major players operating in the global smart elevator automation system market are focused on adopting M&A strategies to enhance their market share. For instance, in October 2021, 3Phase Elevator merged with Advanced Elevator, a company that provides similar services in Washington, D.C., Maryland.
Key features of the study:
This report provides in-depth analysis of the global smart elevator automation system market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart elevator automation system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Fujitec Co. Ltd., Honeywell International Inc., Mitsubishi Electric Corporation, Tyco International Limited, Hitachi Ltd., Schindler Group, Kone Corporation, ThyssenKrupp Elevator AG, and Otis Elevator Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart elevator automation system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart elevator automation system market
Detail Segmentation
Global Smart Elevator Automation System Market, By service:
Installation Service
Repair & Maintenance Service
Modernization Service
Global Smart Elevator Automation System Market, By Component:
Card Reader
Biometric
Touch Screen and Keypad
Security and Control System
Sensors, Motors and Automation System
Building Management System
Global Smart Elevator Automation System Market, By End User:
Residential Sector
Commercial Sector
Hotel
Other
Global Smart Elevator Automation System Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Fujitec Co. Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Honeywell International Inc.
Mitsubishi Electric Corporation
Tyco International Limited
Hitachi Ltd.
Schindler Group
Kone Corporation
ThyssenKrupp Elevator AG
Otis Elevator Company
*Browse all the market data tables and figures on “Global Smart Elevator Automation System Market- Forecast to 2028”
Table of Contents
170 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Service
- Market Snippet, By Component
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- 4. Global Smart Elevator Automation System Market, By Service, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Installation Service
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Repair & Maintenance Service
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Modernization Service
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- 5. Global Smart Elevator Automation System Market, By Vehicle Type, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Card Reader
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Biometric
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Touch Screen and Keypad
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Security and Control System
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Sensors, Motors and Automation System
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Building Management System
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- 6. Global Smart Elevator Automation System Market, By End User, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2028 (%)
- Segment Trends
- Residential Sector
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Commercial Sector
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Hotel
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2017–2028, (US$ Million)
- 7. Global Smart Elevator Automation System Market, By Region, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2028 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- U.S.
- Canada
- Western Europe
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- U.K.
- Germany
- Italy
- France
- Rest of Europe
- Eastern Europe
- Regional Trends
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Service, 2017–2028 (US$ Million)
- Market Size and Forecast, By Component, 2017–2028 (US$ Million)
- Market Size and Forecast, By End User, 2017–2028 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2028 (%)
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
- 8. Competitive Landscape
- Company Profiles
- Fujitec Co. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Honeywell International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Mitsubishi Electric Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Tyco International Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hitachi Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Schindler Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Kone Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ThyssenKrupp Elevator AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Otis Elevator Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- 9. Section
- References
- Research Methodology
- About us and Sales Contact
- *Browse XX market data tables and XX figures on “Global Smart Elevator Automation System Market-forecast to 2028”.
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