Global Smart and Connected Elevators Market

Global Smart and Connected Elevators Market Research Report 2021

Global Smart and Connected Elevators Market

Global Smart and Connected Elevators Market Research Report 2021


Discover the latest insights into the booming Smart and Connected Elevators Market. This report analyzes market size, growth trends (CAGR ), key players, and regional performance, offering valuable data for investors and industry professionals. Explore market drivers, restraints, and future projections for -.

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Research Predicts that Smart and Connected Elevators Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Smart and Connected Elevators Market Overview:

Global Smart and Connected Elevators Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Smart and Connected Elevators involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Smart and Connected Elevators Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Smart and Connected Elevators market in 2020.

Global Smart and Connected Elevators Market Segmentation

By Type, Smart and Connected Elevators market has been segmented into:

Card Reader

Biometric

Touchscreen & Keypad

Security & Control System

Sensor

Motor & Automation System

Building Management System

By Application, Smart and Connected Elevators market has been segmented into:

Residential

Commercial

Institutional

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Smart and Connected Elevators market are:

Thyssenkrupp

OTIS Elevator Company

Kone Corporation

Schindler Group

Hitachi

Hyundai Elevator

Toshiba Elevators and Building Systems Corporation

Mitsubishi Electric Corporation

Fujitec

Motion Control Engineering

Dewhurst

Eito&Global

1. Market Overview of Smart and Connected Elevators

1.1 Smart and Connected Elevators Market Overview

1.1.1 Smart and Connected Elevators Product Scope

1.1.2 Market Status and Outlook

1.2 Smart and Connected Elevators Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Smart and Connected Elevators Historic Market Size by Regions (2015-2020)

1.4 Smart and Connected Elevators Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Smart and Connected Elevators Sales Market by Type (2015-2026)

2.1 Global Smart and Connected Elevators Historic Market Size by Type (2015-2020)

2.2 Global Smart and Connected Elevators Forecasted Market Size by Type (2021-2026)

2.3 Card Reader

2.4 Biometric

2.5 Touchscreen & Keypad

2.6 Security & Control System

2.7 Sensor

2.8 Motor & Automation System

2.9 Building Management System

3. Covid-19 Impact Smart and Connected Elevators Sales Market by Application (2015-2026)

3.1 Global Smart and Connected Elevators Historic Market Size by Application (2015-2020)

3.2 Global Smart and Connected Elevators Forecasted Market Size by Application (2021-2026)

3.3 Residential

3.4 Commercial

3.5 Institutional

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Smart and Connected Elevators Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Smart and Connected Elevators Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Smart and Connected Elevators Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Smart and Connected Elevators Business

5.1 Thyssenkrupp

5.1.1 Thyssenkrupp Company Profile

5.1.2 Thyssenkrupp Smart and Connected Elevators Product Specification

5.1.3 Thyssenkrupp Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 OTIS Elevator Company

5.2.1 OTIS Elevator Company Company Profile

5.2.2 OTIS Elevator Company Smart and Connected Elevators Product Specification

5.2.3 OTIS Elevator Company Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 Kone Corporation

5.3.1 Kone Corporation Company Profile

5.3.2 Kone Corporation Smart and Connected Elevators Product Specification

5.3.3 Kone Corporation Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 Schindler Group

5.4.1 Schindler Group Company Profile

5.4.2 Schindler Group Smart and Connected Elevators Product Specification

5.4.3 Schindler Group Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 Hitachi

5.5.1 Hitachi Company Profile

5.5.2 Hitachi Smart and Connected Elevators Product Specification

5.5.3 Hitachi Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 Hyundai Elevator

5.6.1 Hyundai Elevator Company Profile

5.6.2 Hyundai Elevator Smart and Connected Elevators Product Specification

5.6.3 Hyundai Elevator Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Toshiba Elevators and Building Systems Corporation

5.7.1 Toshiba Elevators and Building Systems Corporation Company Profile

5.7.2 Toshiba Elevators and Building Systems Corporation Smart and Connected Elevators Product Specification

5.7.3 Toshiba Elevators and Building Systems Corporation Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 Mitsubishi Electric Corporation

5.8.1 Mitsubishi Electric Corporation Company Profile

5.8.2 Mitsubishi Electric Corporation Smart and Connected Elevators Product Specification

5.8.3 Mitsubishi Electric Corporation Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 Fujitec

5.9.1 Fujitec Company Profile

5.9.2 Fujitec Smart and Connected Elevators Product Specification

5.9.3 Fujitec Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 Motion Control Engineering

5.10.1 Motion Control Engineering Company Profile

5.10.2 Motion Control Engineering Smart and Connected Elevators Product Specification

5.10.3 Motion Control Engineering Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Dewhurst

5.11.1 Dewhurst Company Profile

5.11.2 Dewhurst Smart and Connected Elevators Product Specification

5.11.3 Dewhurst Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 Eito&Global

5.12.1 Eito&Global Company Profile

5.12.2 Eito&Global Smart and Connected Elevators Product Specification

5.12.3 Eito&Global Smart and Connected Elevators Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Smart and Connected Elevators Market Size (2015-2026)

6.2 North America Smart and Connected Elevators Key Players in North America (2015-2020)

6.3 North America Smart and Connected Elevators Market Size by Type (2015-2020)

6.4 North America Smart and Connected Elevators Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Smart and Connected Elevators Market Size (2015-2026)

7.2 East Asia Smart and Connected Elevators Key Players in North America (2015-2020)

7.3 East Asia Smart and Connected Elevators Market Size by Type (2015-2020)

7.4 East Asia Smart and Connected Elevators Market Size by Application (2015-2020)

8. Europe

8.1 Europe Smart and Connected Elevators Market Size (2015-2026)

8.2 Europe Smart and Connected Elevators Key Players in North America (2015-2020)

8.3 Europe Smart and Connected Elevators Market Size by Type (2015-2020)

8.4 Europe Smart and Connected Elevators Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Smart and Connected Elevators Market Size (2015-2026)

9.2 South Asia Smart and Connected Elevators Key Players in North America (2015-2020)

9.3 South Asia Smart and Connected Elevators Market Size by Type (2015-2020)

9.4 South Asia Smart and Connected Elevators Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Smart and Connected Elevators Market Size (2015-2026)

10.2 Southeast Asia Smart and Connected Elevators Key Players in North America (2015-2020)

10.3 Southeast Asia Smart and Connected Elevators Market Size by Type (2015-2020)

10.4 Southeast Asia Smart and Connected Elevators Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Smart and Connected Elevators Market Size (2015-2026)

11.2 Middle East Smart and Connected Elevators Key Players in North America (2015-2020)

11.3 Middle East Smart and Connected Elevators Market Size by Type (2015-2020)

11.4 Middle East Smart and Connected Elevators Market Size by Application (2015-2020)

12. Africa

12.1 Africa Smart and Connected Elevators Market Size (2015-2026)

12.2 Africa Smart and Connected Elevators Key Players in North America (2015-2020)

12.3 Africa Smart and Connected Elevators Market Size by Type (2015-2020)

12.4 Africa Smart and Connected Elevators Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Smart and Connected Elevators Market Size (2015-2026)

13.2 Oceania Smart and Connected Elevators Key Players in North America (2015-2020)

13.3 Oceania Smart and Connected Elevators Market Size by Type (2015-2020)

13.4 Oceania Smart and Connected Elevators Market Size by Application (2015-2020)

14. South America

14.1 South America Smart and Connected Elevators Market Size (2015-2026)

14.2 South America Smart and Connected Elevators Key Players in North America (2015-2020)

14.3 South America Smart and Connected Elevators Market Size by Type (2015-2020)

14.4 South America Smart and Connected Elevators Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Smart and Connected Elevators Market Size (2015-2026)

15.2 Rest of the World Smart and Connected Elevators Key Players in North America (2015-2020)

15.3 Rest of the World Smart and Connected Elevators Market Size by Type (2015-2020)

15.4 Rest of the World Smart and Connected Elevators Market Size by Application (2015-2020)

16 Smart and Connected Elevators Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Smart and Connected Elevators Market Size Estimation

To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.

Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.

Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.

We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.

Data Source

Secondary Sources

This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.

These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

Primary Sources

As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.

On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.

These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.

Key Data Information from Primary Sources

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Smart and Connected Elevators Market?
Some of the finest and top-notch companies pioneering the Smart and Connected Elevators Market are Thyssenkrupp, OTIS Elevator Company, Kone Corporation, Schindler Group, Hitachi, Hyundai Elevator, Toshiba Elevators and Building Systems Corporation, Mitsubishi Electric Corporation, Fujitec, Motion Control Engineering, Dewhurst, Eito&Global.
Why are some of the most well-known companies left out of the Smart and Connected Elevators Market study?
The Smart and Connected Elevators study includes a diverse group of participants, including both market leaders and up-and-comers. Contact our sales representative to receive a complete list of companies covered in the study.
What are the major applications of the Smart and Connected Elevators Market?
Depending upon the type of applications, the Smart and Connected Elevators Market has been segmented into and other applications.
What is the estimated size & growth rate of the Smart and Connected Elevators Market?
In recent years, the Smart and Connected Elevators Market has grown at an incredible rate. From 2025 to 2030, the market is expected to grow at a CAGR of yy%.
What does the future hold for the Smart and Connected Elevators Market?
As the shift to value addition continues, companies in the Smart and Connected Elevators Market face the dual challenge of improving interoperability to optimize performance and experience.
What are the primary data sources used to evaluate the Smart and Connected Elevators Market sizing?
The majority of data for the Smart and Connected Elevators Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.