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Global Elevator IoT Market Research Report 2024
Synopsis
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.
The global Elevator IoT market was valued at US$ 22410 million in 2023 and is anticipated to reach US$ 61020 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Elevator IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator IoT.
Report Scope
The Elevator IoT market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator IoT market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator IoT companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Elevator IoT companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Elevator IoT market was valued at US$ 22410 million in 2023 and is anticipated to reach US$ 61020 million by 2030, witnessing a CAGR of 15.2% during the forecast period 2024-2030.
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%.
This report aims to provide a comprehensive presentation of the global market for Elevator IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator IoT.
Report Scope
The Elevator IoT market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator IoT market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator IoT companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
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
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Elevator IoT companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Elevator IoT Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global Elevator IoT Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Elevator IoT Market Perspective (2019-2030)
2.2 Elevator IoT Growth Trends by Region
2.2.1 Global Elevator IoT Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Elevator IoT Historic Market Size by Region (2019-2024)
2.2.3 Elevator IoT Forecasted Market Size by Region (2025-2030)
2.3 Elevator IoT Market Dynamics
2.3.1 Elevator IoT Industry Trends
2.3.2 Elevator IoT Market Drivers
2.3.3 Elevator IoT Market Challenges
2.3.4 Elevator IoT Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Elevator IoT Players by Revenue
3.1.1 Global Top Elevator IoT Players by Revenue (2019-2024)
3.1.2 Global Elevator IoT Revenue Market Share by Players (2019-2024)
3.2 Global Elevator IoT Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Elevator IoT Revenue
3.4 Global Elevator IoT Market Concentration Ratio
3.4.1 Global Elevator IoT Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Elevator IoT Revenue in 2023
3.5 Elevator IoT Key Players Head office and Area Served
3.6 Key Players Elevator IoT Product Solution and Service
3.7 Date of Enter into Elevator IoT Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Elevator IoT Breakdown Data by Type
4.1 Global Elevator IoT Historic Market Size by Type (2019-2024)
4.2 Global Elevator IoT Forecasted Market Size by Type (2025-2030)
5 Elevator IoT Breakdown Data by Application
5.1 Global Elevator IoT Historic Market Size by Application (2019-2024)
5.2 Global Elevator IoT Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Elevator IoT Market Size (2019-2030)
6.2 North America Elevator IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Elevator IoT Market Size by Country (2019-2024)
6.4 North America Elevator IoT Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Elevator IoT Market Size (2019-2030)
7.2 Europe Elevator IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Elevator IoT Market Size by Country (2019-2024)
7.4 Europe Elevator IoT Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Elevator IoT Market Size (2019-2030)
8.2 Asia-Pacific Elevator IoT Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Elevator IoT Market Size by Region (2019-2024)
8.4 Asia-Pacific Elevator IoT Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Elevator IoT Market Size (2019-2030)
9.2 Latin America Elevator IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Elevator IoT Market Size by Country (2019-2024)
9.4 Latin America Elevator IoT Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Elevator IoT Market Size (2019-2030)
10.2 Middle East & Africa Elevator IoT Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Elevator IoT Market Size by Country (2019-2024)
10.4 Middle East & Africa Elevator IoT Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Otis Elevator Company
11.1.1 Otis Elevator Company Company Detail
11.1.2 Otis Elevator Company Business Overview
11.1.3 Otis Elevator Company Elevator IoT Introduction
11.1.4 Otis Elevator Company Revenue in Elevator IoT Business (2019-2024)
11.1.5 Otis Elevator Company Recent Development
11.2 KONE Corporation
11.2.1 KONE Corporation Company Detail
11.2.2 KONE Corporation Business Overview
11.2.3 KONE Corporation Elevator IoT Introduction
11.2.4 KONE Corporation Revenue in Elevator IoT Business (2019-2024)
11.2.5 KONE Corporation Recent Development
11.3 Schindler Group
11.3.1 Schindler Group Company Detail
11.3.2 Schindler Group Business Overview
11.3.3 Schindler Group Elevator IoT Introduction
11.3.4 Schindler Group Revenue in Elevator IoT Business (2019-2024)
11.3.5 Schindler Group Recent Development
11.4 ThyssenKrupp AG
11.4.1 ThyssenKrupp AG Company Detail
11.4.2 ThyssenKrupp AG Business Overview
11.4.3 ThyssenKrupp AG Elevator IoT Introduction
11.4.4 ThyssenKrupp AG Revenue in Elevator IoT Business (2019-2024)
11.4.5 ThyssenKrupp AG Recent Development
11.5 Mitsubishi Electric Corporation
11.5.1 Mitsubishi Electric Corporation Company Detail
11.5.2 Mitsubishi Electric Corporation Business Overview
11.5.3 Mitsubishi Electric Corporation Elevator IoT Introduction
11.5.4 Mitsubishi Electric Corporation Revenue in Elevator IoT Business (2019-2024)
11.5.5 Mitsubishi Electric Corporation Recent Development
11.6 Toshiba Elevator
11.6.1 Toshiba Elevator Company Detail
11.6.2 Toshiba Elevator Business Overview
11.6.3 Toshiba Elevator Elevator IoT Introduction
11.6.4 Toshiba Elevator Revenue in Elevator IoT Business (2019-2024)
11.6.5 Toshiba Elevator Recent Development
11.7 Hitachi
11.7.1 Hitachi Company Detail
11.7.2 Hitachi Business Overview
11.7.3 Hitachi Elevator IoT Introduction
11.7.4 Hitachi Revenue in Elevator IoT Business (2019-2024)
11.7.5 Hitachi Recent Development
11.8 Fujitec
11.8.1 Fujitec Company Detail
11.8.2 Fujitec Business Overview
11.8.3 Fujitec Elevator IoT Introduction
11.8.4 Fujitec Revenue in Elevator IoT Business (2019-2024)
11.8.5 Fujitec Recent Development
11.9 Hyundai Elevator
11.9.1 Hyundai Elevator Company Detail
11.9.2 Hyundai Elevator Business Overview
11.9.3 Hyundai Elevator Elevator IoT Introduction
11.9.4 Hyundai Elevator Revenue in Elevator IoT Business (2019-2024)
11.9.5 Hyundai Elevator Recent Development
11.10 Digi International
11.10.1 Digi International Company Detail
11.10.2 Digi International Business Overview
11.10.3 Digi International Elevator IoT Introduction
11.10.4 Digi International Revenue in Elevator IoT Business (2019-2024)
11.10.5 Digi International Recent Development
11.11 IBM
11.11.1 IBM Company Detail
11.11.2 IBM Business Overview
11.11.3 IBM Elevator IoT Introduction
11.11.4 IBM Revenue in Elevator IoT Business (2019-2024)
11.11.5 IBM Recent Development
11.12 General Electric
11.12.1 General Electric Company Detail
11.12.2 General Electric Business Overview
11.12.3 General Electric Elevator IoT Introduction
11.12.4 General Electric Revenue in Elevator IoT Business (2019-2024)
11.12.5 General Electric Recent Development
11.13 Telefónica
11.13.1 Telefónica Company Detail
11.13.2 Telefónica Business Overview
11.13.3 Telefónica Elevator IoT Introduction
11.13.4 Telefónica Revenue in Elevator IoT Business (2019-2024)
11.13.5 Telefónica Recent Development
11.14 Microsoft
11.14.1 Microsoft Company Detail
11.14.2 Microsoft Business Overview
11.14.3 Microsoft Elevator IoT Introduction
11.14.4 Microsoft Revenue in Elevator IoT Business (2019-2024)
11.14.5 Microsoft Recent Development
11.15 Huawei
11.15.1 Huawei Company Detail
11.15.2 Huawei Business Overview
11.15.3 Huawei Elevator IoT Introduction
11.15.4 Huawei Revenue in Elevator IoT Business (2019-2024)
11.15.5 Huawei Recent Development
11.16 Bosch
11.16.1 Bosch Company Detail
11.16.2 Bosch Business Overview
11.16.3 Bosch Elevator IoT Introduction
11.16.4 Bosch Revenue in Elevator IoT Business (2019-2024)
11.16.5 Bosch Recent Development
11.17 Siemens
11.17.1 Siemens Company Detail
11.17.2 Siemens Business Overview
11.17.3 Siemens Elevator IoT Introduction
11.17.4 Siemens Revenue in Elevator IoT Business (2019-2024)
11.17.5 Siemens Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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