Iot In Elevators Market Scope And Analysis

  • Report Code : TIPRE00006251
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 199
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IoT in Elevators Market Scope, Growth, Size and Share by 2028

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IoT in Elevators Market Report IoT in Elevators Market Size and Share IoT in Elevators Market Scope and Analysis

IoT in Elevators Market Report Scope

Report Attribute Details
Market size in 2022 US$ 35.42 Billion
Market Size by 2028 US$ 58.84 Billion
Global CAGR (2022 - 2028) 8.8%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Component
  • Hardware
  • Software
  • Services
By Application
  • Preventive Maintenance
  • Remote Monitoring
  • Fault Diagnosis and Prediction
  • Advanced Reporting
  • Connectivity Management
By End-User
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Fujitec Co Ltd
  • Hitachi Ltd
  • KONE Corporation
  • Mitsubishi Electric Corporation
  • Otis Elevator Company Ltd
  • Bosch GmbH
  • Schindler Group
  • Schneider Electric SE
  • Toshiba Elevators and Building Systems Corporation

    • Players operating in the IoT in elevators market analysis are mainly focused on the development of advanced and efficient products.

    • In December 2021, KONE, a multinational elevator and escalator manufacturer, partnered with Amazon Web Services (AWS), the world's most comprehensive and widely used cloud platform. AWS will deliver worldwide cloud capabilities to KONE, including Internet of Things (IoT) and analytics. In addition, the firms will collaborate to create new technologies that will improve the scalability and performance of KONE's connected services and solutions.
    • In April 2021, Mitsubishi Electric Corporation announced that its subsidiary Mitsubishi Elevator India Private Limited (IMEC) received a signed contract to deliver elevators to the Commerzone Madhapur and Altimus luxury complexes owned by K RAHEJA CORP, a renowned developer in India.