Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Smart Elevator Market Research and Forecast Report 20222027 Author: Elena Anderson Marketing Manager IMARC Group© 2022 IMARC All Rights Reserved
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Global Smart Elevator Market Research Report 2022-2027:
The latest report by IMARC Group, titled “ Smart Elevator Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 202 2-2027
,” finds that the global smart elevator market size reached US$ 23.23 Billion in 2021.
Smart elevators are advanced systems that allow vertical transportation of passengers and goods from one floor to another within a building. They consist of destination dispatching and access control systems, biometrics, and touch screens that allow users to press a button and choose their desired destination.
They are faster, reliable and assist in improving the operational efficiency and safety of the elevator while reducing energy costs. Owing to these properties, smart elevators are widely adopted across commercial and institutional establishments across the globe.
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Global Smart Elevator Market Trends:
The market is primarily driven by the escalating demand for energy-efficient solutions due to rising concerns about energy consumption across the globe. In addition, the implementation of various government initiatives promoting smart city projects is accelerating the adoption of modern amenities such as smart elevators. Besides this, key players are integrating advanced technologies, such as the Internet of Things (IoT) and artificial intelligence (AI), in smart elevators to diagnose problems from a remote location, provide emergency responses, and enhance overall safety.
This, coupled with the adoption of a new permanent magnet synchronous (PMS) gearless traction machine that utilizes less energy than conventional geared machines, is positively influencing the market growth. Furthermore, the increasing demand for efficient mobility systems due to the growing high-rise buildings and the expanding working population is also propelling the market growth.
Looking forward, IMARC Group expects the market value to reach US$ 41.85 Billion by 2027, exhibiting a CAGR of 9.60% during the forecast period (2022-2027).
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TOC, Figures and Tables: https://www.imarcgroup.com/smart-elevator-market
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Report Description
Description
Key Market Segmentation The research report includes the following segments: Breakup by Solution: •Control Systems • Security Control System • Elevator Control System •Access Control System • Maintenance Systems • Communication Systems •Services • Support and Maintenance • New Deployments • Modernization Breakup by Application: • Residential • Commercial • Industrial • Institutional • Others
Report Description Report Description and Highlights Breakup by Region: • North America • Asia Pacific • Europe • Latin America • Middle East and Africa Competitive Landscape with Key Players: • Bosch Service Solutions GmbH • Hyundai Elevator Co. Ltd. • KONE Elevator India Private Limited (Kone Oyj) • Mitsubishi Electric Corporation • Otis Worldwide Corporation • Schindler Holding Ltd. • Thames Valley Controls Ltd • TK Elevator • Toshiba Elevators and Building Systems Corporation (Toshiba Corporation).
Report Description Key Questions Answered in the Report
1. How has the global smart elevator market performed so far and how will it perform in the coming years?
2. What has been the impact of COVID-19 on the global smart elevator market?
3. What are the key regional markets?
4. What is the breakup of the market based on the solution?
5. What is the breakup of the market based on the application?
6. What are the various stages in the value chain of the industry?
7. What are the key driving factors and challenges in the industry?
8. What is the structure of the global smart elevator market and who are the key players?
9. What is the degree of competition in the industry?
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Description Table
Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Smart Elevator Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast
Report Description Table of Contents
6 Market Breakup by Solution
6.1 Control Systems
6.1.1 Market Trends
Key Segments
6.1.2.1 Security Control System
Elevator Control System
6.1.3 Market Forecast
6.2 Access Control System
6.2.1 Market Trends
Key Segments
6.2.2.1 Maintenance Systems
6.2.2.2 Communication Systems
Market Forecast
6.3 Services
Market Trends
Key Segments
6.3.2.1 Support
Maintenance
6.1.2
6.1.2.2
6.2.2
6.2.3
6.3.1
6.3.2
and
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