Smart Elevators Market By Solution, End-Use and Region-Forecasts, 2025 - PowerPoint PPT Presentation

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Smart Elevators Market By Solution, End-Use and Region-Forecasts, 2025

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Request Sample of Report @ The North America smart elevators market was valued at over USD 3 billion in 2018 and is developing rapidly owing to the construction of several high-rise & complex buildings across all industry verticals. The region is showing a faster adoption due to the presence of technically aware users and high spending capacity on intelligent technologies. High government focus on deploying energy-efficient building solutions and reducing the overall carbon emissions will also lead to the industry development. – PowerPoint PPT presentation

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Title: Smart Elevators Market By Solution, End-Use and Region-Forecasts, 2025


1
Smart Elevators Market to surpass USD 25 billion
by 2025 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Smart Elevators Market
  • Global Smart Elevators Market is set to grow from
    its current market value of more than 11 billion
    to over 25 billion by 205 according to a new
    research report by Global Market Insights, Inc.
  • Increasing customer spending in constructing
    technically-advanced and intelligent structures,
    facilitating high comfort safety features is
    driving the smart elevators market. The
    integration of connectivity technology and
    internet features into lifts is a key ongoing
    trend, which offers enhanced security, energy
    efficiency, and alerts related to repair
    schedules. The intuitive technologies integrated
    into new lifts, such as connectivity and smart
    grouping, will reduce the waiting traveling
    time and improve the overall commuter experience,
    increasing their demand in intelligent buildings.
    The industry is also witnessing the adoption of
    cable-free lifts that can move vertically
    horizontally.

3
Continued...
  • In the smart elevators market, the residential
    application will grow at a CAGR of over 13 from
    2019 to 2025. The application is growing due to
    the construction of technically advanced
    automated residences, homes, and apartments
    across the globe. The lift manufacturers offer
    quick delivery and installation in residential
    projects and offer access control maintenance
    systems that alert residents building
    management about any issues related to
    malfunctioning, electricity cuts, etc.
  • Moreover, in residential settings, the smart
    elevator market solutions offer high safety
    against theft and entry of unwanted people on
    restricted floors. Companies in the market are
    offering different lift solutions for different
    residential buildings depending on the number of
    floors, residents, etc. For instance, Kone offers
    different solutions including E MiniSpace, N
    MiniSpace, E MonoSpace, N MonoSpace, etc., for
    low, mid, and high-rise residential buildings
    with specifications such as economical,
    high-speed, etc.

4
UK smart elevator market, by application, 2018
2025 (USD Million)

5

Browse Full Market Research Report On Smart
Elevators Market _at_ https//bit.ly/2q3f9Sp
Request for a Sample of this Research Report _at_
https//bit.ly/2uHEgii
6
Continued...
  • Modernization of the lift systems in existing
    buildings is witnessing a steady demand in the
    smart elevators market due to infrastructure
    transformation initiatives in countries including
    the U.S., China, etc. The modernization services
    and solutions offered by various companies such
    as Kone, Otis, etc., include modular
    modernization and full elevator replacement in
    smart elevator market.
  • In modernization, the service providers offer
    electrification, hoisting, car modernization,
    signalization, etc., which enhance the overall
    lift system and integrate intelligent features.
    For instance, Otis offers a CompassPlus solution,
    which is installed in the elevator modernization
    process and further facilitates security
    integration, high passenger efficiency, and
    customized lift design.

7
Continued...
  • The North America smart elevators market was
    valued at over USD 3 billion in 2018 and is
    developing rapidly owing to the construction of
    several high-rise complex buildings across all
    industry verticals. The region is showing a
    faster adoption due to the presence of
    technically aware users and high spending
    capacity on intelligent technologies.
  • High government focus on deploying
    energy-efficient building solutions and reducing
    the overall carbon emissions will also lead to
    the industry development. Consumers in the U.S.
    are moving toward intelligent building automation
    management systems to gain safety and time
    saving benefits, creating a huge demand in the
    smart elevator market. Companies are enhancing
    their offerings in the North American region to
    gain a major customer base.

8
Continued...
  • The market comprises few key players in smart
    elevator market including Kone Oyj, thyssenkrupp
    AG, Schindler Group, Fujitec, Otis Elevator
    Company, Hyundai Elevator Company, Mitsubishi
    Elevator, Toshiba Elevators, etc.
  • Major smart elevators market players are
    investing in new solution development strategies
    that facilitate enhanced customer comfort and
    experience. The companies are partnering with
    other technology providers to offer better
    elevator-related technologies across the globe.

9
Industry Coverage

10
Table OF Content
Chapter 1. Methodology and Scope 1.1.
Definitions forecast parameters 1.1.1.
Definitions 1.1.2. Methodology and forecast
parameters 1.2. Data Sources 1.2.1.
Secondary 1.2.2. Primary Chapter 2. Executive
Summary 2.1. Smart elevator industry 360
synopsis, 2015 2025 2.1.1. Business
trends 2.1.2. Solution trends 2.1.3. End-use
trends 2.1.4. Regional trends
11
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