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Elevator IoT solution is designed to gradually increase the raw data collection from elevators and their operating environment to create actionable Preventive and Predictive tasks to reduce maintenance costs and minimize failure rates.
Market Analysis and Insights: Global and United States Elevator IoT Market
This report focuses on global and United States Elevator IoT market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Elevator IoT market size is estimated to be worth US$ 26110 million in 2022 and is forecast to a readjusted size of US$ 61020 million by 2028 with a CAGR of 15.2% during the review period. Fully considering the economic change by this health crisis, by Type, Hardware accounting for % of the Elevator IoT global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The leading players of the Elevator IoT mainly are Otis, Kone, ThyssenKrupp, Schindler, and Mitsubishi Electric. Otis is the largest manufacturer; The next is Kone and Schindler.Elevator IoT is widely used in Residential Area, Commercial Office and Industrial Area. The most proportion of Elevator is used in Residential Area, and the proportion in 2018 is 53.27%.
Global Elevator IoT Scope and Market Size
Elevator IoT market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Elevator IoT market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Elevator IoT market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
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
Bosch
Siemens
Market Analysis and Insights: Global and United States Elevator IoT Market
This report focuses on global and United States Elevator IoT market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Elevator IoT market size is estimated to be worth US$ 26110 million in 2022 and is forecast to a readjusted size of US$ 61020 million by 2028 with a CAGR of 15.2% during the review period. Fully considering the economic change by this health crisis, by Type, Hardware accounting for % of the Elevator IoT global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Residential was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The leading players of the Elevator IoT mainly are Otis, Kone, ThyssenKrupp, Schindler, and Mitsubishi Electric. Otis is the largest manufacturer; The next is Kone and Schindler.Elevator IoT is widely used in Residential Area, Commercial Office and Industrial Area. The most proportion of Elevator is used in Residential Area, and the proportion in 2018 is 53.27%.
Global Elevator IoT Scope and Market Size
Elevator IoT market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Elevator IoT market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Elevator IoT market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
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
Bosch
Siemens
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
