Smart Elevator Market by Component, Services, Application and Geography - Global Forecast to 2022

  • ID: 3719513
  • Report
  • Region: Global
  • 147 Pages
  • Markets and Markets
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FEATURED COMPANIES

  • Eito&Global Inc.
  • Fujitec Co., Ltd.
  • Hitachi Ltd.
  • Kone Corporation
  • OTIS Elevator Company
  • Schindler Group
  • MORE
“Growing urbanization driving the smart elevator market”

The smart elevator market is expected to grow from USD 9.54 million in 2015 to USD 26.69 million by 2022. The market is driven by factors such as rapid urbanization, rising adoption of wireless technology, and increasing demand for energy-efficient solutions. The rapid urbanization is considered to be the key driver for the smart elevator market.

“Commercial application to dominate the market during the forecast period”

The commercial application is the largest market. Reducing energy consumption has become a major objective for building owners, governments, and other stakeholders. Replacing existing systems with energy-efficient systems is one of the ways to reduce this pool of energy usage. Adding smart elevator controls over existing systems is the best way to ensure energy reduction.

“APAC offers high-growth avenues during the forecast period”

The robust growth is attributed to commercial, residential developments, and increased governmental expenditure. Another factor for the growth is increasing number of smart high-rise buildings in the region. APAC is the fastest-growing region in the smart elevator market. Countries such as China, India, and Japan are the key contributors to the growth of the market. Increased construction spending, improved living standards, urbanization are the key drivers of the smart elevator market in APAC.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profile of primary participants is given below:

- By Company Type: Tier I ¬¬ - 30%, Tier II - 48%, and Tier III - 22%
- By Designation: C-Level - 25%, Director Level - 60%, and Others - 15%
- By Region: North America - 50%, Europe - 30%, APAC - 15%, and RoW - 5%

The major companies in the smart elevator ecosystem profiled in this report are as follows:

1. ThyssenKrupp AG (Germany)
2. Otis Elevator Company (U.S.)
3. KONE Corporation (Finland)
4. Schindler Group (Switzerland)
5. Hitachi Ltd. (Japan)
6. Hyundai Elevator Company Ltd. (South Korea)
7. Toshiba Elevators and Building Systems Corporation (Japan)
8. Mitsubishi Electric Corporation (Japan)
9. Fujitec Co., Ltd. (Japan)
10. Motion Control Engineering, Inc. (U.S.)

The report would help the market leaders/new entrants in this market in the following ways:

1. This report segments the smart elevator market comprehensively and provides the closest value approximations of the overall market and the subsegments across different applications and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product develpoments, partnerships, and mergers & acquisitions.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Eito&Global Inc.
  • Fujitec Co., Ltd.
  • Hitachi Ltd.
  • Kone Corporation
  • OTIS Elevator Company
  • Schindler Group
  • MORE
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.4 Years Considered For The Study
1.5 Currency
1.6 Limitations
1.7 Market Stakeholders
2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown Of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown And Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities In The Smart Elevator Market
4.2 Smart Elevator Market Growth, By Service
4.3 Smart Elevator Market In Apac, 2015
4.4 Smart Elevator: Geographical Snapshot For The Forecast Period
4.5 Smart Elevator, By Application
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 Smart Elevator Market, By Component
5.2.2 Smart Elevator Market, By Application
5.2.3 Smart Elevator Market, By Service
5.2.4 Smart Elevator Market, By Geography
5.3 Market Dynamics: Smart Elevator Market
5.3.1 Increasing Demand For Energy-Efficient Systems
5.3.2 Rapid Urbanization
5.3.3 Growing Construction & Real Estate Industry
5.3.4 High Demand For Security
5.3.5 Rising Adoption Of Wireless Technology
5.4 Restraints
5.4.1 Global Economic Slowdown
5.4.2 Substantial Initial Investment
5.5 Opportunities
5.5.1 Industrial Inclination Toward Green Technologies
5.6 Challenges
5.6.1 Lack Of Interoperability
5.6.2 Entry Barriers & Market Consolidation
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Original Equipment Manufacturers (Oems)
6.2.2 System Integrators
6.2.3 Distributors And Partners
6.3 Key Industry Trends
6.4 Porter’S Five Forces Analysis
6.4.1 Bargaining Power Of Suppliers
6.4.2 Bargaining Power Of Buyers
6.4.3 Threat Of New Entrants
6.4.4 Threat Of Substitutes
6.4.5 Intensity Of Competitive Rivalry
7 Market, By Component
7.1 Introduction
7.1.1 Control Systems
7.1.1.1 Elevator Control System
7.1.1.2 Security Control Systems
7.1.1.2.1 Surveillance Cameras
7.1.1.2.2 Intruder Alarm Systems
7.1.1.2.3 Fire Alarm Systems
7.1.1.2.4 Visitor Management Systems
7.1.1.3 Access Control Systems
7.1.1.3.1 Biometric Access Control Solutions
7.1.1.3.2 Card-Based Access Control Systems
7.1.1.3.3 Touch Screen- & Keypad-Based Access Control Systems
7.1.1.4 Sensors
7.1.2 Maintenence Systems
7.1.3 Communication Systems
8 Smart Elevator Market, By Application
8.1 Introduction
8.1.1 Residential
8.1.1.1 Growth Of High-Rise Residential Buildings Is The Key Driver For The Smart Elevator Market In The Residential Application
8.1.2 Commercial
8.1.2.1 IT Parks/Offices Accounted For The Largest Share Of The Smart Elevator Market For The Commercial Application
8.1.3 Institutional
8.1.3.1 Increasing Security Concerns In Institutional Buildings Is Driving The Smart Elevator Market
8.1.4 Automated Vehicle Storage And Retrival System
8.1.4.1 Rapid Urbanization, Congestion, And Increasing Land Cost Are The Factors Responsible For The Growth Of Avsrs Application
9 Smart Elevator Market, By Service
9.1 Introduction
9.1.1 New Installation Services
9.1.2 Modernization Services
9.1.3 Maintenance Services
10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 U.S. To Remain The Major Market In North America
10.3 Europe
10.3.1 Energy-Efficiency Directive And Energy Performance Of Building Directive (Epbd) Of The European Real Estate Segment Boost The Growth Of This Market
10.4 APAC
10.4.1 India Attracted Nearly USD 40Billion Foreign Direct Investment (Fdi) Between 2000 And 2013 In The Construction Sector Driving The Smart Elevator Market
10.5 Row

11 Competitive Landscape
11.1 Overview
11.2 Imarket Ranking Analysis For The Smart Elevator Market, 2015
11.3 Competitive Scenerio
11.4 Contracts & Expansions
11.4.1 New Product Launches
11.4.2 Mergers & Acquisitions
12 Company Profiles
(Overview, Products And Services, Financials, Strategy & Development)*
12.1 Introduction
12.2 ThyssenkruPP Ag
12.3 Otis Elevator Company
12.4 Kone Corporation
12.5 Schindler Group
12.6 Hitachi Ltd.
12.7 Hyundai Elevator Co., Ltd.
12.8 Toshiba Elevators And Building Systems Corporation
12.9 Mitshubishi Electric Corporation
12.10 Fujitec Co., Ltd.
12.11 Motion Control Engineering, Inc.
12.12 Thames Valley Controls
12.13 Eito&Global Inc.
*Details On Overview, Products And Services, Financials, Strategy & Development Might Not Be Captured In Case Of Unlisted Companies.
13 Appendix
13.1 Insights Of Industry Experts

List of Tables

Table 1 Smart Elevator Market, By Component, 2013 - 2022 (USD Million)
Table 2 Control Systems Market, By Type, 2013 - 2022 (USD Million)
Table 3 Security Control Systems Market, By Type, 2013 - 2022 (USD Million)
Table 4 Access Control Systems Market, By Type , 2013 - 2022 (USD Million)
Table 5 Access Control Systems Market, By Application, 2013 - 2022 (USD Million)
Table 6 Access Control Systems Market For Biometric Solutions, By Application, 2013 - 2022 (USD Million)
Table 7 Access Control Systems Market For Card-Based Systems, By Application, 2013 - 2022, (USD Million)
Table 8 Access Control Systems Market For Touch Screens- & Keypad-Based Systems, By Application 2013-2022 (USD Million)
Table 9 Sensors Market, By Type, 2013 - 2022 (USD Million)
Table 10 Smart Elevator Market, By Application, 2013 - 2022 (USD Million)
Table 11 Smart Elevator Market For Residential Application, By Service, 2013 - 2022 (USD Million)
Table 12 Smart Elevator Market For Residential Application, By Country, 2013 - 2022 (USD Million)
Table 13 Access Control Systems Market For Residential Application, By Type, 2013 - 2022 (USD Million)
Table 14 Smart Elevator Market For Residential Application, By Region, 2013 - 2022 (USD Million)
Table 15 Smart Elevator Market For Commercial Application, By End User, 2013 - 2022 (USD Million)
Table 16 Smart Elevator Market For Commercial Application, By Service, 2013 - 2022 (USD Million)
Table 17 Commercial Application Market, By Country, 2013 - 2022 (USD Million)
Table 18 Access Control Systems Market For Commercial Application, By Type, 2013 - 2022 (USD Million)
Table 19 Smart Elevator Market For Commercial Application, By Region, 2013 - 2022 (USD Million)
Table 20 Smart Elevator Markt For Institutional Application, By End User, 2013 - 2022 (USD Million)
Table 21 Smart Elevator Market For Institutional Application, By Service, 2013 - 2022 (USD Million)
Table 22 Institutional Application Market, By Country, 2013 - 2022 (USD Million)
Table 23 Access Control Systems Market For Institutional Application, By Type, 2013 - 2022 (USD Million)
Table 24 Smart Elevator Market For Institutional Application, By Region, 2013 - 2022 (USD Million)
Table 25 Smart Elevator Market For Avsrs Application, By Service, 2013 - 2022 (USD Million)
Table 26 Avsrs Application Market, By Country, 2013 - 2022 (USD Million)
Table 27 Access Control Systems Market For Avsrs Application, By Type, 2013 - 2022 (USD Million)
Table 28 Smart Elevator Market For Avsrs Application, By Region, 2013 - 2022 (USD Million)
Table 29 Smart Elevator Market, By Service, 2013 - 2022 (USD Million)
Table 30 Smart Elevator Market, By Service, 2013 - 2022 (Million Units)
Table 31 Smart Elevator Market For New Installation Services, By Region, 2013 - 2022 (USD Million)
Table 32 Smart Elevator Market For New Installation Services, By Application, 2013 - 2022 (USD Million)
Table 33 Smart Elevator Market For Modernization Services, By Region, 2013 - 2022 (USD Million)
Table 34 Smart Elevator Market For Moderniation Services, By Application, 2013 - 2022 (USD Million)
Table 35 Smart Elevator Market For Maintenence Services, By Region, 2013 - 2022 (USD Million)
Table 36 Smart Elevator Market For Maintenence Services, By Application, 2013 - 2022 (USD Million)
Table 37 Smart Elevator Market, By Region, 2013 - 2022 (USD Million)
Table 38 Smart Elevator Market In North America, By Service, 2013 - 2022 (USD Million)
Table 39 Smart Elevator Market In North America, By Application, 2013 - 2022 (USD Million)
Table 40 Smart Elevator Market In North America, By Country, 2013 - 2022 (USD Million)
Table 41 Smart Elevator Market In U.S., By Application, 2013 - 2022 (USD Million)
Table 42 Smart Elevator Market In Canada, By Application, 2013 - 2022 (USD Million)
Table 43 Smart Elevator Market In Mexico, By Application, 2013 - 2022 (USD Million)
Table 44 Smart Elevator Market In Europe, By Service, 2013 - 2022 (USD Million)
Table 45 Smart Elevator Market In Europe, By Application, 2013 - 2022 (USD Million)
Table 46 Smart Elevator Market In Europe, By Country, 2013 - 2022 (USD Million)
Table 47 Smart Elevator Market In U.K., By Application, 2013 - 2022 (USD Million)
Table 48 Smart Elevator Market In Germany, By Application, 2013 - 2022 (USD Million)
Table 49 Smart Elevator Market In France, By Application, 2013 - 2022 (USD Million)
Table 50 Smart Elevator Market In Italy, By Application, 2013 - 2022 (USD Million)
Table 51 Smart Elevator Market In Rest Of Europe, By Application, 2013 - 2022 (USD Million)
Table 52 Smart Elevator Market In Apac, By Service, 2013 - 2022 (USD Million)
Table 53 Smart Elevator Market In Apac, By Application, 2013 - 2022 (USD Million)
Table 54 Smart Elevator Market In Apac, By Country, 2013 - 2022 (USD Million)
Table 55 Smart Elevator Market In China, By Application, 2013 - 2022 (USD Million)
Table 56 Smart Elevator Market In Japan, By Application, 2013 - 2022 (USD Million)
Table 57 Smart Elevator Market In South Korea, By Application, 2013 - 2022 (USD Million)
Table 58 Smart Elevator Market In India, By Application, 2013 - 2022 (USD Million)
Table 59 Smart Elevator Market In Rest Of Apac, By Application, 2013 - 2022 (USD Million)
Table 60 Smart Elevator Market In Row, By Application, 2013 - 2022 (USD Million)
Table 61 Smart Elevator Market In Row, By Service, 2013 - 2022 (USD Million)
Table 62 Smart Elevator Market In Row, By Country, 2013 - 2022 (USD Million)
Table 63 Smart Elevator Market In Latin America, By Application, 2013 - 2022 (USD Million)
Table 64 Smart Elevator Market In Middle East & Africa, By Application, 2013 - 2022 (USD Million)
Table 65 Contracts & Expansions
Table 66 New Product Launches
Table 67 Mergers & Acquisitions

List of Figures

Figure 1 Smart Elevator Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top - Down Approach
Figure 4 Data Triangulation
Figure 5 Smart Elevator Market Size In Terms Of Value And Volume, 2013 - 2022
Figure 6 Smart Elevator Market, By Service, 2016 & 2022 (USD Million)
Figure 7 Smart Elevator Market, By Application,2016 - 2022
Figure 8 Smart Elevator Market: Geographical Snapshot, 2015
Figure 9 Smart Elevator—During The Forecast Period
Figure 10 New Installation Services Expected To Lead The Market By 2022
Figure 11 China Held The Largest Share Of The Smart Elevator Market In APAC
Figure 12 APACPoised To Grow At The Highest Rate During The Forecast Period
Figure 13 Commercial Application Expected To Hold The Largest Market Size During The Forecast Period
Figure 14 Rapid Urbanization Driving The Smart Elevator Market
Figure 15 Worldwide Energy Consumption, 1990 - 2040, Quadrillion Btu
Figure 16 Global Urban Population
Figure 17 Mergers & Acquisitions Of Major Elevator Manufacturers Between 2013 And 2016
Figure 18 Smart Elevator Market Value Chain
Figure 19 Porter’S Five Forces Model For The Smart Elevaor Market, 2015
Figure 20 Impact Analysis Of Smart Elevator Market, 2015
Figure 21 Bargaining Power Of Suppliers In The Smart Elevator Market, 2015
Figure 22 Bargaining Power Of Buyers In The Smart Elevator Market, 2015
Figure 23 Threat Of New Entrants In The Smart Elevator Market, 2015
Figure 24 Threat Of Substitutes In The Smart Elevator Market, 2015
Figure 25 Intensity Of Competitive Rivalry In The Smart Elevator Market, 2015
Figure 26 Smart Elevator Market, By Component
Figure 27 Market For Control Systems Expected To Grow At The Highest Rate During The Forecast Period
Figure 28 Biometric-Based Access Control Products Expected To Dominate
The Market By 2022
Figure 29 Smart Elevator Market, By Application
Figure 30 Commercial Application Expected To Hold The Largest Market Size
By 2022
Figure 31 Market For Biometric Access Control Solutions In Residential Application Would Grow At The Highest Rate During The Forecast Period
Figure 32 New Installation Services Expected To Hold The Largest Market Sizefor Institutional Application By 2022
Figure 33 Smart Elevator Market, By Service
Figure 34 Market For New Installation Servicesexpected To Grow At The Highest CAGR During The Forecast Period
Figure 35 Commerical Application Expected To Hold The Largest Size Of The Smart Elevator Market For Modernization Services By 2022
Figure 36 Smart Elevatormarket, By Geography
Figure 37 Geographical Snapshot Of The Smart Elevator Market (2016 - 2022)
Figure 38 North America: Geographical Snapshot
Figure 39 Europe: Geographic Snapshot
Figure 40 APAC: Geographic Snapshot
Figure 41 Middle East & Africa Expected To Lead The Smart Elevator Market During The Forecast Period
Figure 42 The Major Companies Adopted New Product Launches As The Key Growth Strategy In The Smart Elevator Market
Figure 43 Market Evaluation Framework
Figure 44 Battle For Market Share
Figure 45 Geographic Revenue Mix Of Major Market Players - Reference
Figure 46 ThyssenkruPP Ag: Company Snapshot
Figure 47 ThyssenkruPP Ag: Swot Analysis
Figure 48 Otis Elevator Company: Company Snapshot
Figure 49 Otis Elevator Company: Swot Analysis
Figure 50 Kone Corporation: Company Snapshot
Figure 51 Kone Corporation: Swot Analysis
Figure 52 Schindler Group: Company Snapshot
Figure 53 Schindler Group: Swot Analysis
Figure 54 Hitachi Ltd.: Company Snapshot
Figure 55 Hitachi Ltd.: Swot Analysis
Figure 56 Hyundai Elevator Co., Ltd.: Company Snapshot
Figure 57 Mitshubishi Electric Corporation: Company Snapshot
Figure 58 Fujitec Co., Ltd.: Company Snapshot
Note: Product cover images may vary from those shown
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- Eito&Global Inc.
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Hyundai Elevator Co., Ltd.
- Kone Corporation
- Mitshubishi Electric Corporation
- Motion Control Engineering, Inc.
- OTIS Elevator Company
- Schindler Group
- Thames Valley Controls
- Thyssenkrupp AG
- Toshiba Elevators and Building Systems Corporation

Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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