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Smart Elevators Market Research Report by Services, by Component, by Application - Global Forecast to 2025 - Cumulative Impact of COVID-19

  • ID: 5014106
  • Report
  • April 2020
  • Region: Global
  • 177 pages
  • 360iResearch
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The Global Smart Elevators Market to Grow USD 29,813.56 Million by 2025, at a CAGR of 14.60%

FEATURED COMPANIES

  • Bosch Security Systems
  • Eito&Global Inc.
  • Fujitec Co., Ltd.
  • Hitachi Ltd.
  • Johnson Controls Inc.
  • Kone Corporation
  • MORE
The Global Smart Elevators Market is expected to grow from USD 13,156.12 Million in 2019 to USD 29,813.56 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 14.60%.

Market Segmentation & Coverage:

This research report categorizes the Smart Elevators to forecast the revenues and analyze the trends in each of the following sub-markets:

The New Installation Services is projected to witness the highest growth during the forecast period

On the basis of Services, the Smart Elevators Market is examined across New Installation Services, Maintenance Services, and Modernization & Update Services. The Modernization & Update Services commanded the largest size in the Smart Elevators Market in 2019. On the other hand, the New Installation Services is expected to grow at the fastest CAGR during the forecast period.

The Communication System is projected to witness the highest growth during the forecast period

On the basis of Component, the Smart Elevators Market is examined across Communication System, Control System, and Maintenance System. The Control System further studied across Access Control System, Elevator Control System, Security Control System, and Sensor. The Control System commanded the largest size in the Smart Elevators Market in 2019. On the other hand, the Communication System is expected to grow at the fastest CAGR during the forecast period.

The Industrial is projected to witness the highest growth during the forecast period

On the basis of Application, the Smart Elevators Market is examined across Commercial, Industrial, and Residential. The Residential commanded the largest size in the Smart Elevators Market in 2019. On the other hand, the Industrial is expected to grow at the fastest CAGR during the forecast period.

The Asia-Pacific is projected to witness the highest growth during the forecast period

On the basis of Geography, the Smart Elevators Market is examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region is examined across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region is examined across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region is examined across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Americas commanded the largest size in the Smart Elevators Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.

Company Usability Profiles:

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Elevators Market including Bosch Security Systems, Eito&Global Inc., Fujitec Co., Ltd., Hitachi Ltd., Honeywell International Inc., Hyundai Elevator Co., Ltd., Johnson Controls Inc., Kone Corporation, Mitshubishi Electric Corporation, Motion Control Engineering, Inc., OTIS Elevator Company, Schindler Group, Siemens Building Technologies AG, Thames Valley Controls, Thyssenkrupp AG, and Toshiba Elevators and Building Systems Corporation.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Elevators Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Smart Elevators Market?
2. What are the inhibiting factors and their impact analysis shaping the Global Smart Elevators Market during the forecast period?
3. What is the competitive position if vendors in the Global Smart Elevators Market?
4. How Porters Five Forces define the Global Smart Elevators Market landscape?
5. What are the technology trends and regulatory frameworks in the Global Smart Elevators Market?
6. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Elevators Market?
7. What is the competitive strategic window for opportunities in the Global Smart Elevators Market?
8. What are the modes and strategic moves considered suitable for entering the Global Smart Elevators Market?
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bosch Security Systems
  • Eito&Global Inc.
  • Fujitec Co., Ltd.
  • Hitachi Ltd.
  • Johnson Controls Inc.
  • Kone Corporation
  • MORE
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research & Forecasting
2.1. Research Methodology
2.2. Forecasting Methodology

3. Executive Summary
3.1. Market Outlook
3.2. Geography Outlook
3.3. Competitor Outlook

4. Market Overview
4.1. Introduction
4.2. Smart Elevators Market, By Geography
4.3. Smart Elevators Market, By Services
4.4. Smart Elevators Market, By Component
4.5. Smart Elevators Market, By Application

5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Growing number of high-rise and super tall buildings
5.2.2. Increasing demand for energy-efficient systems coupled with security
5.2.3. Growing adoption of wireless technology
5.3. Restraints
5.3.1. High initial investment
5.4. Opportunities
5.4.1. Advancement in security automation and access control systems
5.4.2. Government mandates pertaining to the deployment of advanced elevator supported by developed infrastructure in emerging economies
5.5. Challenges
5.5.1. Issue related to interoperability

6. Industry Trends
6.1. Porters Five Forces Analysis
6.1.1. Threat of New Entrants
6.1.2. Threat of Substitutes
6.1.3. Bargaining Power of Customers
6.1.4. Bargaining Power of Suppliers
6.1.5. Industry Rivalry
6.2. Cumulative Impact of COVID-19
6.3. Client Customizations
6.3.1. Impact: Proportional to Growth of Real Estate Industry

7. Smart Elevators Market, By Services
7.1. Introduction
7.2. New Installation Services
7.3. Maintenance Services
7.4. Modernization & Update Services

8. Smart Elevators Market, By Component
8.1. Introduction
8.2. Communication System
8.3. Control System
8.3.1. Access Control System
8.3.2. Elevator Control System
8.3.3. Security Control System
8.3.4. Sensor
8.4. Maintenance System

9. Smart Elevators Market, By Application
9.1. Introduction
9.2. Commercial
9.3. Industrial
9.4. Residential

10. Smart Elevators Market, By Americas
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Smart Elevators Market, By Asia-Pacific
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. South Korea
11.10. Thailand

12. Smart Elevators Market, By Europe, Middle East & Africa
12.1. Introduction
12.2. France
12.3. Germany
12.4. Italy
12.5. Netherlands
12.6. Qatar
12.7. Russia
12.8. Saudi Arabia
12.9. South Africa
12.10. Spain
12.11. United Arab Emirates
12.12. United Kingdom

13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Vendor Ranking Analysis
13.3. Competitive Scenario
13.3.1. Merger & Acquisition
13.3.2. Agreement, Collaboration & Partnership
13.3.3. New Product Launch & Enhancement
13.3.4. Investment & Funding

14. Company Usability Profiles
14.1. Bosch Security Systems
14.2. Eito&Global Inc.
14.3. Fujitec Co., Ltd.
14.4. Hitachi Ltd.
14.5. Honeywell International Inc.
14.6. Hyundai Elevator Co., Ltd.
14.7. Johnson Controls Inc.
14.8. Kone Corporation
14.9. Mitshubishi Electric Corporation
14.10. Motion Control Engineering, Inc.
14.11. OTIS Elevator Company
14.12. Schindler Group
14.13. Siemens Building Technologies AG
14.14. Thames Valley Controls
14.15. Thyssenkrupp AG
14.16. Toshiba Elevators and Building Systems Corporation

15. Appendix
15.1. Discussion Guide
15.2. Edition Details
15.3. License Details
15.4. Pricing Details
Note: Product cover images may vary from those shown
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  • Bosch Security Systems
  • Eito&Global Inc.
  • Fujitec Co., Ltd.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Hyundai Elevator Co., Ltd.
  • Johnson Controls Inc.
  • Kone Corporation
  • Mitshubishi Electric Corporation
  • Motion Control Engineering, Inc.
  • OTIS Elevator Company
  • Schindler Group
  • Siemens Building Technologies AG
  • Thames Valley Controls
  • Thyssenkrupp AG
  • Toshiba Elevators and Building Systems Corporation
Note: Product cover images may vary from those shown
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