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Report overview
The global Smart Elevators and Escalators market was valued at US$ 6529 million in 2022 and is projected to reach US$ 8602.9 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Smart elevators operate by the user pushing a button setting their destination, and then an indicator directing them to the elevator that will take them there in the shortest amount of time. This is faster and more efficient, reducing costs and potentially, the number, size or speed of elevators required. They can be programmed to adopt different operating modes at different times of the day, and can recognise user by keycards that may include destination and permissions information.
Smart elevators and also smart escalators my also include monitoring technology to help shedule maintenance and repairs.
This report aims to provide a comprehensive presentation of the global market for Smart Elevators and Escalators, 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 Smart Elevators and Escalators. This report contains market size and forecasts of Smart Elevators and Escalators in global, including the following market information:
Global Smart Elevators and Escalators Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Smart Elevators and Escalators Market Sales, 2018-2023, 2024-2029, (Unit)
Global top five Smart Elevators and Escalators companies in 2022 (%)
The leading manufactures mainly are Otis, Kone, ThyssenKrupp, Schindler and Mitsubishi Electric. Otis is the largest manufacturer, its revenue of global market exceeds 33%. The next is Kone and ThyssenKrupp.
Geographically, the global Smart Elevators and Escalators market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and Row. The China held the largest share in the global market, its revenue of global market exceeds 41%. The next is Europe.
We surveyed the Smart Elevators and Escalators manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Chapter 1: Introduces the definition of Smart Elevators and Escalators, market overview.
Chapter 2: Global Smart Elevators and Escalators market size in revenue and volume.
Chapter 3: Detailed analysis of Smart Elevators and Escalators manufacturers competitive landscape, price, sales and 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: Sales of Smart Elevators and Escalators in regional level and country level. 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 of each country in the world.
Chapter 7: 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 8: Global Smart Elevators and Escalators capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.