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Smart Elevator Market Report: Trends, Forecast and Competitive Analysis

  • ID: 5003012
  • Report
  • April 2020
  • Region: Global
  • 150 pages
  • Lucintel
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FEATURED COMPANIES

  • Fujitec
  • Hitachi
  • Hyundai Elevator
  • KONE
  • Mitsubishi Electric
  • OTIS Elevator
  • MORE
The future of the smart elevator market looks promising with opportunities in the residential, commercial, institutional, and automated vehicle storage and retrieval system markets. The global smart elevator market is expected to grow with a CAGR of 15% from 2019 to 2024. The major drivers for this market are increasing demand for energy-efficient systems, rapid urbanization, growing construction and real estate industry, high demand for security system, and rising adoption of wireless technology.

A more than 150 pages report is developed to help in your business decisions. To learn the scope of, benefits, companies researched and other details of the smart elevator market, then read this report.

The study includes the smart elevator market size and forecast for the global smart elevator market through 2024, segmented by end use industry, component, service, and the region as follows:

By End Use Industry [$M shipment analysis for 2013-2024]:
  • Residential
  • Commercial
  • Institutional
  • Automated Vehicle Storage
  • Retrieval System
By Component [$M shipment analysis for 2013-2024]:
  • Control System
  • Maintenance System
  • Communication System
By Service [$M shipment analysis for 2013-2024]:
  • New Installation
  • Modernization
  • Maintenance
By Region [$M shipment analysis for 2013-2024]:

North America
  • United States
  • Canada
  • Mexico
Europe
  • Germany
  • UK
  • Italy
Asia Pacific
  • China
  • Japan
  • India
  • Rest of the World
Some of the smart elevator companies profiled in this report include ThyssenKrupp, OTIS Elevator, KONE, Schindler Group, Hitachi, Hyundai Elevator, Toshiba Elevators and Building Systems, Mitsubishi Electric, Fujitec, and Motion Control Engineering.

Some of the features of smart elevator market report: Trends, Forecast, and Opportunity Analysis include:
  • Market size estimates: Smart elevator market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
  • Segmentation analysis: Market size by various segments such as by end use industry, component, service, and region
  • Regional analysis: Smart elevator market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for smart elevator in the smart elevator market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, smart elevator in the smart elevator market.
  • Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global smart elevator market by end use industry (residential, commercial, institutional, automated vehicle storage and retrieval system), component (control system, maintenance system, communication system), service (new installation, modernization, maintenance), and region (APAC, North America, Europe and ROW)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Fujitec
  • Hitachi
  • Hyundai Elevator
  • KONE
  • Mitsubishi Electric
  • OTIS Elevator
  • MORE
1. Executive Summary

2. Market Trends and Forecast Analysis from 2013 to 2024
2.1: Introduction, Background, and Classification
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2013 to 2024
3.1: Macroeconomic Trends and Forecast
3.2: Global Smart Elevator Market:Trends and Forecast
3.3: Global Smart Elevator Market by End Use Industry
3.3.1: Residential
3.3.2: Commercial
3.3.3: Institutional
3.3.4: Automated Vehicle Storage and Retrieval system
3.4: Global Smart Elevator Market by Component
3.4.1: Control System
3.4.2: Maintenance System
3.4.3: Communication System
3.5: Global Smart Elevator Market by Service
3.5.1: New Installation
3.5.2: Modernization
3.5.3: Maintenance

4. Market Trends and Forecast Analysis by Region
4.1: Global Smart Elevator Market by Region
4.2: North American Smart Elevator Market
4.2.1: Market by End Use Industry: Residential Commercial, Institutional, and Automated Vehicle Storage, and Retrieval System
4.2.2: United States Smart Elevator Market
4.2.3: Canadian Smart Elevator Market
4.2.4: Mexican Smart Elevator Market
4.3: European Smart Elevator Market
4.3.1: Market by End Use Industry: Residential Commercial, Institutional, and Automated Vehicle Storage, and Retrieval System
4.3.2: German Smart Elevator Market
4.3.3: Italian Smart Elevator Market
4.3.4: The UK Smart Elevator Market
4.4: APAC Smart Elevator Market
4.4.1: Market by End Use Industry: Residential Commercial, Institutional, and Automated Vehicle Storage, and Retrieval System
4.4.2: Chinese Smart Elevator Market
4.4.3: Indian Smart Elevator Market
4.4.4: Japanese Smart Elevator Market
4.5: ROW Smart Elevator Market
4.5.1: Market by End Use Industry: Residential Commercial, Institutional, and Automated Vehicle Storage, and Retrieval System

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Market Share Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Global Smart Elevator Market by End Use Industry
6.1.2: Growth Opportunities for Global Smart Elevator Market by Component
6.1.3: Growth Opportunities for Global Smart Elevator Market by Service
6.1.4: Growth Opportunities for Global Smart Elevator Market by Region
6.2: Emerging Trends in Global Smart Elevator Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Global Smart Elevator Market
6.3.3: Mergers, Acquisitions and Joint Ventures in the Global Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: ThyssenKrupp
7.2: OTIS Elevator
7.3: KONE
7.4: Schindler Group
7.5: Hitachi
7.6: Hyundai Elevator
7.7: Toshiba Elevators and Building Systems
7.8: Mitsubishi Electric
7.9: Fujitec
7.10: Motion Control Engineering

*Full List of Tables and Figures Available on Enquiry.
Note: Product cover images may vary from those shown
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  • ThyssenKrupp
  • OTIS Elevator
  • KONE
  • Schindler Group
  • Hitachi
  • Hyundai Elevator
  • Toshiba Elevators and Building Systems
  • Mitsubishi Electric
  • Fujitec
  • Motion Control Engineering
Note: Product cover images may vary from those shown
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The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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