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.
According to DIResearch's in-depth investigation and research, the global Elevator IoT market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers 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 manufacturers, 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 North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, 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 Manufacturers 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 Trends
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 and Forecast Analysis
Chapter 5: Global Elevator IoT Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Passenger Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Elevator IoT Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Elevator IoT Competitive Analysis of Key Manufacturers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook