
IoT-enabled Smart Elevator Solution refers to a modern and advanced elevator system that incorporates Internet of Things (IoT) technology to enhance the performance, efficiency, safety, and overall user experience of elevators. These solutions leverage IoT sensors, connectivity, data analytics, and cloud computing to provide various smart features and functionalities.
The global IoT-enabled Smart Elevator Solution market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
IoT-enabled smart elevator solutions integrate Internet of Things (IoT) technology into traditional elevator systems to enhance functionality, efficiency, and user experience. These solutions leverage sensors, data analytics, connectivity, and cloud computing to offer a range of features, including real-time monitoring, predictive maintenance, energy optimization, and improved security. The adoption of IoT-enabled smart elevator solutions has been widespread across regions, with major markets including North America, Europe, Asia-Pacific, and the Middle East. Asia, in particular, has witnessed significant growth in the smart elevator market, driven by the rapid urbanization and development of smart cities in the region. The global market for IoT-enabled smart elevator solutions is expected to continue growing as more buildings, both new and existing, embrace smart building initiatives. Advancements in IoT technology, artificial intelligence (AI), and machine learning are likely to drive further innovations in smart elevator systems, leading to improved efficiency, safety, and sustainability. The ongoing integration of smart elevator solutions with cloud-based platforms and data analytics will enable building owners and facility managers to access valuable insights for optimizing elevator performance and overall building operations.
This report aims to provide a comprehensive presentation of the global market for IoT-enabled Smart Elevator Solution, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT-enabled Smart Elevator Solution.
Report Scope
The IoT-enabled Smart Elevator Solution market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT-enabled Smart Elevator Solution market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT-enabled Smart Elevator Solution companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
Otis Worldwide
Hitachi
Schindler
Mitsubishi Electric
Hyundai Elevator
Fujitec
KONE
TK Elevator
Bosch
Toshiba Elevators
Siemens
Honeywell
Hainayun
Segment by Type
Hardware
Software
Service
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT-enabled Smart Elevator Solution companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Service
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Perspective (2019-2030)
2.2 IoT-enabled Smart Elevator Solution Growth Trends by Region
2.2.1 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 IoT-enabled Smart Elevator Solution Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 IoT-enabled Smart Elevator Solution Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Dynamics
2.3.1 IoT-enabled Smart Elevator Solution Industry Trends
2.3.2 IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Drivers
2.3.3 IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Challenges
2.3.4 IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT-enabled Smart Elevator Solution Players by Revenue
3.1.1 Global Top IoT-enabled Smart Elevator Solution Players by Revenue (2019-2024)
3.1.2 Global IoT-enabled Smart Elevator Solution Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IoT-enabled Smart Elevator Solution Revenue
3.4 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT-enabled Smart Elevator Solution Revenue in 2023
3.5 IoT-enabled Smart Elevator Solution Key Players Head office and Area Served
3.6 Key Players IoT-enabled Smart Elevator Solution Product Solution and Service
3.7 Date of Enter into IoT-enabled Smart Elevator Solution Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT-enabled Smart Elevator Solution Breakdown Data by Type
4.1 Global IoT-enabled Smart Elevator Solution Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global IoT-enabled Smart Elevator Solution Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 IoT-enabled Smart Elevator Solution Breakdown Data by Application
5.1 Global IoT-enabled Smart Elevator Solution Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global IoT-enabled Smart Elevator Solution Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size (2019-2030)
6.2 North America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa IoT-enabled Smart Elevator Solution Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Otis Worldwide
11.1.1 Otis Worldwide Company Detail
11.1.2 Otis Worldwide Business Overview
11.1.3 Otis Worldwide IoT-enabled Smart Elevator Solution Introduction
11.1.4 Otis Worldwide Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.1.5 Otis Worldwide Recent Development
11.2 Hitachi
11.2.1 Hitachi Company Detail
11.2.2 Hitachi Business Overview
11.2.3 Hitachi IoT-enabled Smart Elevator Solution Introduction
11.2.4 Hitachi Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.2.5 Hitachi Recent Development
11.3 Schindler
11.3.1 Schindler Company Detail
11.3.2 Schindler Business Overview
11.3.3 Schindler IoT-enabled Smart Elevator Solution Introduction
11.3.4 Schindler Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.3.5 Schindler Recent Development
11.4 Mitsubishi Electric
11.4.1 Mitsubishi Electric Company Detail
11.4.2 Mitsubishi Electric Business Overview
11.4.3 Mitsubishi Electric IoT-enabled Smart Elevator Solution Introduction
11.4.4 Mitsubishi Electric Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.4.5 Mitsubishi Electric Recent Development
11.5 Hyundai Elevator
11.5.1 Hyundai Elevator Company Detail
11.5.2 Hyundai Elevator Business Overview
11.5.3 Hyundai Elevator IoT-enabled Smart Elevator Solution Introduction
11.5.4 Hyundai Elevator Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.5.5 Hyundai Elevator Recent Development
11.6 Fujitec
11.6.1 Fujitec Company Detail
11.6.2 Fujitec Business Overview
11.6.3 Fujitec IoT-enabled Smart Elevator Solution Introduction
11.6.4 Fujitec Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.6.5 Fujitec Recent Development
11.7 KONE
11.7.1 KONE Company Detail
11.7.2 KONE Business Overview
11.7.3 KONE IoT-enabled Smart Elevator Solution Introduction
11.7.4 KONE Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.7.5 KONE Recent Development
11.8 TK Elevator
11.8.1 TK Elevator Company Detail
11.8.2 TK Elevator Business Overview
11.8.3 TK Elevator IoT-enabled Smart Elevator Solution Introduction
11.8.4 TK Elevator Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.8.5 TK Elevator Recent Development
11.9 Bosch
11.9.1 Bosch Company Detail
11.9.2 Bosch Business Overview
11.9.3 Bosch IoT-enabled Smart Elevator Solution Introduction
11.9.4 Bosch Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.9.5 Bosch Recent Development
11.10 Toshiba Elevators
11.10.1 Toshiba Elevators Company Detail
11.10.2 Toshiba Elevators Business Overview
11.10.3 Toshiba Elevators IoT-enabled Smart Elevator Solution Introduction
11.10.4 Toshiba Elevators Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.10.5 Toshiba Elevators Recent Development
11.11 Siemens
11.11.1 Siemens Company Detail
11.11.2 Siemens Business Overview
11.11.3 Siemens IoT-enabled Smart Elevator Solution Introduction
11.11.4 Siemens Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.11.5 Siemens Recent Development
11.12 Honeywell
11.12.1 Honeywell Company Detail
11.12.2 Honeywell Business Overview
11.12.3 Honeywell IoT-enabled Smart Elevator Solution Introduction
11.12.4 Honeywell Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.12.5 Honeywell Recent Development
11.13 Hainayun
11.13.1 Hainayun Company Detail
11.13.2 Hainayun Business Overview
11.13.3 Hainayun IoT-enabled Smart Elevator Solution Introduction
11.13.4 Hainayun Revenue in IoT-enabled Smart Elevator Solution Business (2019-2024)
11.13.5 Hainayun Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Otis Worldwide
Hitachi
Schindler
Mitsubishi Electric
Hyundai Elevator
Fujitec
KONE
TK Elevator
Bosch
Toshiba Elevators
Siemens
Honeywell
Hainayun
Ìý
Ìý
*If Applicable.
