Smart and Connected Elevators Market
Request Sample Report
Smart and Connected Elevators Market Size and Growth
The Smart and Connected Elevators market is witnessing significant growth, driven by increasing urbanization and demand for energy-efficient solutions. The market size is projected to reach approximately $25 billion by 2025, reflecting a CAGR of over 10% as technology advancements enhance safety, efficiency, and user experience in vertical transportation systems. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Thyssenkrupp
◍ OTIS Elevator Company
◍ Kone Corporation
◍ Schindler Group
◍ Hitachi
◍ Hyundai Elevator
The Smart and Connected Elevators Market features key players like Thyssenkrupp, Otis, Kone, Schindler, and Mitsubishi, leveraging IoT, data analytics, and predictive maintenance to enhance efficiency and user experience. These firms drive market growth through innovative solutions, integrating smart technologies into elevator systems. Revenue figures:
- Otis: $13.1 billion
- Schindler: $11.8 billion
- Kone: $11.4 billion
◍ Toshiba Elevators and Building Systems Corporation
◍ Mitsubishi Electric Corporation
◍ Fujitec
◍ Motion Control Engineering
◍ Dewhurst
◍ Eito&Global
- Thyssenkrupp: $8 billion
Market Segmentation
By Application
Residential
Commercial ◍ Institutional
By
Product
◍ Card Reader
Biometric
Touchscreen & Keypad
Security & Control System ◍ Sensor, Motor & Automation System
Building Management System
Request Sample Report
Market Growth
Request Sample Report
$ X Billion USD
