IoT in Elevators Market 2027 By Component, Application, End-User and Geography | The Insight Partners

IoT in Elevators Market to 2027 - Global Analysis and Forecasts by Component (Software, Hardware, Services); Application (Preventive Maintenance, Remote Monitoring, Fault Diagnosis and Prediction, Advanced Reporting, Connectivity Management); End-User (Residential, Commercial, Industrial) and Geography

Report Code: TIPRE00006251 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION

Elevator companies have identified that elevator maintenance is one expense that costs huge amounts to the companies. Emergence of Internet of Things (IoT) in applications such as HVAC and lighting control towards a more granular approach paved the way for IoT to be integrated with elevators and drive efficiencies. The capabilities of IoT technology allows devices for managing large streams of performance data and thereby replicate predicative maintenance capabilities in the elevators. The IoT enabled elevators use Artificial Intelligence (AI) for their efficient and effective operations.

MARKET DYNAMICS

Growing needs for modernization of elevator solutions coupled with emergence of modern technologies such as AI and IoT are anticipated to boost the demands for the IoT in elevators market globally. Higher initial investments required in the elevator modernization and IoT integrations coupled with concerns on elevator downtimes are some of the major restraining factors for the IoT in elevators market. Encouraging constructions in developing economies and urban areas of the world is further anticipated to provide good opportunities to the players operating in the IoT in elevators market.

MARKET SCOPE

The "Global IoT in Elevators Market Analysis to 2027" is a specialized and in-depth study of technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the IoT in elevators market with detailed market segmentation by component, application, end-user and geography. The global IoT in elevators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading IoT in elevators market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global IoT in elevators market is segmented on the basis of component, application and end-user. On the basis of component, the IoT in elevators market is segmented into software, hardware and services. The IoT in elevators market on the basis of the application is classified into preventive maintenance, remote monitoring, fault diagnosis and prediction, advanced reporting and connectivity management. Based on end-user, the IoT in elevators market is segmented into residential, commercial and industrial.

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global IoT in elevators market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT in elevators market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the IoT in elevators market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the IoT in elevators market in these regions.

MARKET PLAYERS


The reports cover key developments in the IoT in elevators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from IoT in elevators market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT in elevators in the global market. Below mentioned is the list of few companies engaged in the IoT in elevators market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the IoT in elevators market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last three years, the key development in the past five years.

  •  Hitachi Ltd.
  •  Huawei Technologies Co. Ltd.
  •  Kone Corporation
  •  Liftinzicht
  •  Mitshubishi Electric Corporation
  •  OTIS Elevator Company
  •  Schindler Group
  •  Telefonica S.A.
  •  Thyssenkrupp AG
  •  Toshiba Elevators and Building Systems Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 IoT In Elevators Market - By Component
1.3.2 IoT In Elevators Market - By Application
1.3.3 IoT In Elevators Market - By End-User
1.3.4 IoT In Elevators Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. IOT IN ELEVATORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. IOT IN ELEVATORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. IOT IN ELEVATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. IOT IN ELEVATORS - GLOBAL MARKET OVERVIEW
6.2. IOT IN ELEVATORS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. IOT IN ELEVATORS MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOFTWARE
7.3.1. Overview
7.3.2. Software Market Forecast and Analysis
7.4. HARDWARE
7.4.1. Overview
7.4.2. Hardware Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis

8. IOT IN ELEVATORS MARKET - REVENUE AND FORECASTS TO 2027 - APPLICATION

8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PREVENTIVE MAINTENANCE
8.3.1. Overview
8.3.2. Preventive Maintenance Market Forecast and Analysis
8.4. REMOTE MONITORING
8.4.1. Overview
8.4.2. Remote Monitoring Market Forecast and Analysis
8.5. FAULT DIAGNOSIS AND PREDICTION
8.5.1. Overview
8.5.2. Fault Diagnosis and Prediction Market Forecast and Analysis
8.6. ADVANCED REPORTING
8.6.1. Overview
8.6.2. Advanced Reporting Market Forecast and Analysis
8.7. CONNECTIVITY MANAGEMENT
8.7.1. Overview
8.7.2. Connectivity Management Market Forecast and Analysis

9. IOT IN ELEVATORS MARKET - REVENUE AND FORECASTS TO 2027 - END-USER

9.1. OVERVIEW
9.2. END-USER MARKET FORECASTS AND ANALYSIS
9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis

10. IOT IN ELEVATORS MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America IoT In Elevators Market Overview
10.1.2 North America IoT In Elevators Market Forecasts and Analysis
10.1.3 North America IoT In Elevators Market Forecasts and Analysis - By Component
10.1.4 North America IoT In Elevators Market Forecasts and Analysis - By Application
10.1.5 North America IoT In Elevators Market Forecasts and Analysis - By End-User
10.1.6 North America IoT In Elevators Market Forecasts and Analysis - By Countries
10.1.6.1 United States IoT In Elevators Market
10.1.6.1.1 United States IoT In Elevators Market by Component
10.1.6.1.2 United States IoT In Elevators Market by Application
10.1.6.1.3 United States IoT In Elevators Market by End-User
10.1.6.2 Canada IoT In Elevators Market
10.1.6.2.1 Canada IoT In Elevators Market by Component
10.1.6.2.2 Canada IoT In Elevators Market by Application
10.1.6.2.3 Canada IoT In Elevators Market by End-User
10.1.6.3 Mexico IoT In Elevators Market
10.1.6.3.1 Mexico IoT In Elevators Market by Component
10.1.6.3.2 Mexico IoT In Elevators Market by Application
10.1.6.3.3 Mexico IoT In Elevators Market by End-User
10.2. EUROPE
10.2.1 Europe IoT In Elevators Market Overview
10.2.2 Europe IoT In Elevators Market Forecasts and Analysis
10.2.3 Europe IoT In Elevators Market Forecasts and Analysis - By Component
10.2.4 Europe IoT In Elevators Market Forecasts and Analysis - By Application
10.2.5 Europe IoT In Elevators Market Forecasts and Analysis - By End-User
10.2.6 Europe IoT In Elevators Market Forecasts and Analysis - By Countries
10.2.6.1 Germany IoT In Elevators Market
10.2.6.1.1 Germany IoT In Elevators Market by Component
10.2.6.1.2 Germany IoT In Elevators Market by Application
10.2.6.1.3 Germany IoT In Elevators Market by End-User
10.2.6.2 France IoT In Elevators Market
10.2.6.2.1 France IoT In Elevators Market by Component
10.2.6.2.2 France IoT In Elevators Market by Application
10.2.6.2.3 France IoT In Elevators Market by End-User
10.2.6.3 Italy IoT In Elevators Market
10.2.6.3.1 Italy IoT In Elevators Market by Component
10.2.6.3.2 Italy IoT In Elevators Market by Application
10.2.6.3.3 Italy IoT In Elevators Market by End-User
10.2.6.4 United Kingdom IoT In Elevators Market
10.2.6.4.1 United Kingdom IoT In Elevators Market by Component
10.2.6.4.2 United Kingdom IoT In Elevators Market by Application
10.2.6.4.3 United Kingdom IoT In Elevators Market by End-User
10.2.6.5 Russia IoT In Elevators Market
10.2.6.5.1 Russia IoT In Elevators Market by Component
10.2.6.5.2 Russia IoT In Elevators Market by Application
10.2.6.5.3 Russia IoT In Elevators Market by End-User
10.2.6.6 Rest of Europe IoT In Elevators Market
10.2.6.6.1 Rest of Europe IoT In Elevators Market by Component
10.2.6.6.2 Rest of Europe IoT In Elevators Market by Application
10.2.6.6.3 Rest of Europe IoT In Elevators Market by End-User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific IoT In Elevators Market Overview
10.3.2 Asia-Pacific IoT In Elevators Market Forecasts and Analysis
10.3.3 Asia-Pacific IoT In Elevators Market Forecasts and Analysis - By Component
10.3.4 Asia-Pacific IoT In Elevators Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific IoT In Elevators Market Forecasts and Analysis - By End-User
10.3.6 Asia-Pacific IoT In Elevators Market Forecasts and Analysis - By Countries
10.3.6.1 Australia IoT In Elevators Market
10.3.6.1.1 Australia IoT In Elevators Market by Component
10.3.6.1.2 Australia IoT In Elevators Market by Application
10.3.6.1.3 Australia IoT In Elevators Market by End-User
10.3.6.2 China IoT In Elevators Market
10.3.6.2.1 China IoT In Elevators Market by Component
10.3.6.2.2 China IoT In Elevators Market by Application
10.3.6.2.3 China IoT In Elevators Market by End-User
10.3.6.3 India IoT In Elevators Market
10.3.6.3.1 India IoT In Elevators Market by Component
10.3.6.3.2 India IoT In Elevators Market by Application
10.3.6.3.3 India IoT In Elevators Market by End-User
10.3.6.4 Japan IoT In Elevators Market
10.3.6.4.1 Japan IoT In Elevators Market by Component
10.3.6.4.2 Japan IoT In Elevators Market by Application
10.3.6.4.3 Japan IoT In Elevators Market by End-User
10.3.6.5 South Korea IoT In Elevators Market
10.3.6.5.1 South Korea IoT In Elevators Market by Component
10.3.6.5.2 South Korea IoT In Elevators Market by Application
10.3.6.5.3 South Korea IoT In Elevators Market by End-User
10.3.6.6 Rest of Asia-Pacific IoT In Elevators Market
10.3.6.6.1 Rest of Asia-Pacific IoT In Elevators Market by Component
10.3.6.6.2 Rest of Asia-Pacific IoT In Elevators Market by Application
10.3.6.6.3 Rest of Asia-Pacific IoT In Elevators Market by End-User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa IoT In Elevators Market Overview
10.4.2 Middle East and Africa IoT In Elevators Market Forecasts and Analysis
10.4.3 Middle East and Africa IoT In Elevators Market Forecasts and Analysis - By Component
10.4.4 Middle East and Africa IoT In Elevators Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa IoT In Elevators Market Forecasts and Analysis - By End-User
10.4.6 Middle East and Africa IoT In Elevators Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa IoT In Elevators Market
10.4.6.1.1 South Africa IoT In Elevators Market by Component
10.4.6.1.2 South Africa IoT In Elevators Market by Application
10.4.6.1.3 South Africa IoT In Elevators Market by End-User
10.4.6.2 Saudi Arabia IoT In Elevators Market
10.4.6.2.1 Saudi Arabia IoT In Elevators Market by Component
10.4.6.2.2 Saudi Arabia IoT In Elevators Market by Application
10.4.6.2.3 Saudi Arabia IoT In Elevators Market by End-User
10.4.6.3 U.A.E IoT In Elevators Market
10.4.6.3.1 U.A.E IoT In Elevators Market by Component
10.4.6.3.2 U.A.E IoT In Elevators Market by Application
10.4.6.3.3 U.A.E IoT In Elevators Market by End-User
10.4.6.4 Rest of Middle East and Africa IoT In Elevators Market
10.4.6.4.1 Rest of Middle East and Africa IoT In Elevators Market by Component
10.4.6.4.2 Rest of Middle East and Africa IoT In Elevators Market by Application
10.4.6.4.3 Rest of Middle East and Africa IoT In Elevators Market by End-User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America IoT In Elevators Market Overview
10.5.2 South and Central America IoT In Elevators Market Forecasts and Analysis
10.5.3 South and Central America IoT In Elevators Market Forecasts and Analysis - By Component
10.5.4 South and Central America IoT In Elevators Market Forecasts and Analysis - By Application
10.5.5 South and Central America IoT In Elevators Market Forecasts and Analysis - By End-User
10.5.6 South and Central America IoT In Elevators Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil IoT In Elevators Market
10.5.6.1.1 Brazil IoT In Elevators Market by Component
10.5.6.1.2 Brazil IoT In Elevators Market by Application
10.5.6.1.3 Brazil IoT In Elevators Market by End-User
10.5.6.2 Argentina IoT In Elevators Market
10.5.6.2.1 Argentina IoT In Elevators Market by Component
10.5.6.2.2 Argentina IoT In Elevators Market by Application
10.5.6.2.3 Argentina IoT In Elevators Market by End-User
10.5.6.3 Rest of South and Central America IoT In Elevators Market
10.5.6.3.1 Rest of South and Central America IoT In Elevators Market by Component
10.5.6.3.2 Rest of South and Central America IoT In Elevators Market by Application
10.5.6.3.3 Rest of South and Central America IoT In Elevators Market by End-User

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. IOT IN ELEVATORS MARKET, KEY COMPANY PROFILES
12.1. HITACHI LHUAWEI TECHNOLOGIES CO. LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. KONE CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. LIFTINZICHT
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. MITSHUBISHI ELECTRIC CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. OTIS ELEVATOR COMPANY
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SCHINDLER GROUP
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. TELEFONICA S.A.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. THYSSENKRUPP AG
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TOSHIBA ELEVATORS AND BUILDING SYSTEMS CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1.Hitachi LHuawei Technologies Co. Ltd.
2.Kone Corporation
3.Liftinzicht
4.Mitshubishi Electric Corporation
5.OTIS Elevator Company
6.Schindler Group
7.Telefonica S.A.
8.Thyssenkrupp AG
9.Toshiba Elevators and Building Systems Corporation