NEW YORK, Oct. 9, 2019 /PRNewswire/ — Smart Elevators market worldwide is projected to grow by US$14.3 Billion, driven by a compounded growth of 12.8%. Control Systems, one of the segments analyzed and sized in this study, displays the potential to grow at over 12.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$9 Billion by the year 2025, Control Systems will bring in healthy gains adding significant momentum to global growth.

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– Representing the developed world, the United States will maintain a 11.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$560.1 Million to the region’s size and clout in the next 5 to 6 years. Over US$470.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Control Systems will reach a market size of US$428.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 16.3% over the next couple of years and add approximately US$3.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

– Competitors identified in this market include among others, Bosch Elevator Cloud; Fujitec Co., Ltd.; Hitachi Ltd.; Honeywell Sensing and Control; Hyundai Elevator Co., Ltd.; Kone Corporation; Kone Corporation; Mitsubishi Electric Corporation; Mitsubishi Electric US – Elevator & Escalator Division; Otis Elevator Company; Schindler Holding Ltd. (Schindler Group); ThyssenKrupp AG; Toshiba Elevator and Building Systems Corporation

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I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Smart Elevators Competitor Market Share Scenario Worldwide
(in %): 2019 & 2028
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Smart Elevators Global Market Estimates and Forecasts
in US$ Million by Region/Country: 2018-2025
Table 2: Smart Elevators Market Share Shift across Key
Geographies Worldwide: 2019 VS 2025
Table 3: Control Systems (Solution) World Market by
Region/Country in US$ Million: 2018 to 2025
Table 4: Control Systems (Solution) Market Share Breakdown of
Worldwide Sales by Region/Country: 2019 VS 2025
Table 5: Maintenance Systems (Solution) Potential Growth
Markets Worldwide in US$ Million: 2018 to 2025
Table 6: Maintenance Systems (Solution) Market Sales Breakdown
by Region/Country in Percentage: 2019 VS 2025
Table 7: Communication Systems (Solution) Geographic Market
Spread Worldwide in US$ Million: 2018 to 2025
Table 8: Communication Systems (Solution) Market Share
Distribution in Percentage by Region/Country: 2019 VS 2025
Table 9: Services (Solution) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2018 to 2025
Table 10: Services (Solution) Market Share Breakdown by
Region/Country: 2019 VS 2025
Table 11: Residential (Application) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2018-2025
Table 12: Residential (Application) Distribution of Global
Sales by Region/Country: 2019 VS 2025
Table 13: Commercial (Application) Sales Estimates and
Forecasts in US$ Million by Region/Country for the Years 2018
through 2025
Table 14: Commercial (Application) Global Market Share
Distribution by Region/Country for 2019 and 2025
Table 15: Industrial (Application) Global Opportunity
Assessment in US$ Million by Region/Country: 2018-2025
Table 16: Industrial (Application) Percentage Share Breakdown
of Global Sales by Region/Country: 2019 VS 2025
Table 17: Institutional (Application) Worldwide Sales in US$
Million by Region/Country: 2018-2025
Table 18: Institutional (Application) Market Share Shift across
Key Geographies: 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Smart Elevators Market Share (in %) by Company: 2019 & 2025
Table 19: United States Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2018 to 2025
Table 20: United States Smart Elevators Market Share Breakdown
by Solution: 2019 VS 2025
Table 21: United States Smart Elevators Latent Demand Forecasts
in US$ Million by Application: 2018 to 2025
Table 22: Smart Elevators Market Share Breakdown in the United
States by Application: 2019 VS 2025
CANADA
Table 23: Canadian Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018 to 2025
Table 24: Smart Elevators Market in Canada: Percentage Share
Breakdown of Sales by Solution for 2019 and 2025
Table 25: Canadian Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2018 to 2025
Table 26: Canadian Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
JAPAN
Table 27: Japanese Market for Smart Elevators: Annual Sales
Estimates and Projections in US$ Million by Solution for the
Period 2018-2025
Table 28: Japanese Smart Elevators Market Share Analysis by
Solution: 2019 VS 2025
Table 29: Japanese Demand Estimates and Forecasts for Smart
Elevators in US$ Million by Application: 2018 to 2025
Table 30: Smart Elevators Market Share Shift in Japan by
Application: 2019 VS 2025
CHINA
Table 31: Chinese Smart Elevators Market Growth Prospects in
US$ Million by Solution for the Period 2018-2025
Table 32: Chinese Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2019 and 2025
Table 33: Chinese Demand for Smart Elevators in US$ Million by
Application: 2018 to 2025
Table 34: Chinese Smart Elevators Market Share Breakdown by
Application: 2019 VS 2025
EUROPE
Market Facts & Figures
European Smart Elevators Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Table 35: European Smart Elevators Market Demand Scenario in
US$ Million by Region/Country: 2018-2025
Table 36: European Smart Elevators Market Share Shift by
Region/Country: 2019 VS 2025
Table 37: European Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018-2025
Table 38: European Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 39: European Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 40: European Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
FRANCE
Table 41: Smart Elevators Market in France by Solution:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 42: French Smart Elevators Market Share Analysis by
Solution: 2019 VS 2025
Table 43: Smart Elevators Quantitative Demand Analysis in
France in US$ Million by Application: 2018-2025
Table 44: French Smart Elevators Market Share Analysis: A
7-Year Perspective by Application for 2019 and 2025
GERMANY
Table 45: Smart Elevators Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2018-2025
Table 46: German Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 47: Smart Elevators Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2018-2025
Table 48: Smart Elevators Market Share Distribution in Germany
by Application: 2019 VS 2025
ITALY
Table 49: Italian Smart Elevators Market Growth Prospects in
US$ Million by Solution for the Period 2018-2025
Table 50: Italian Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2019 and 2025
Table 51: Italian Demand for Smart Elevators in US$ Million by
Application: 2018 to 2025
Table 52: Italian Smart Elevators Market Share Breakdown by
Application: 2019 VS 2025
UNITED KINGDOM
Table 53: United Kingdom Market for Smart Elevators: Annual
Sales Estimates and Projections in US$ Million by Solution for
the Period 2018-2025
Table 54: United Kingdom Smart Elevators Market Share Analysis
by Solution: 2019 VS 2025
Table 55: United Kingdom Demand Estimates and Forecasts for
Smart Elevators in US$ Million by Application: 2018 to 2025
Table 56: Smart Elevators Market Share Shift in the United
Kingdom by Application: 2019 VS 2025
SPAIN
Table 57: Spanish Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018 to 2025
Table 58: Smart Elevators Market in Spain: Percentage Share
Breakdown of Sales by Solution for 2019 and 2025
Table 59: Spanish Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2018 to 2025
Table 60: Spanish Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
RUSSIA
Table 61: Russian Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2018 to 2025
Table 62: Russian Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 63: Russian Smart Elevators Latent Demand Forecasts in
US$ Million by Application: 2018 to 2025
Table 64: Smart Elevators Market Share Breakdown in Russia by
Application: 2019 VS 2025
REST OF EUROPE
Table 65: Rest of Europe Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018-2025
Table 66: Rest of Europe Smart Elevators Market Share Breakdown
by Solution: 2019 VS 2025
Table 67: Rest of Europe Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 68: Rest of Europe Smart Elevators Market Share Analysis
by Application: 2019 VS 2025
ASIA-PACIFIC
Table 69: Asia-Pacific Smart Elevators Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 70: Asia-Pacific Smart Elevators Market Share Analysis by
Region/Country: 2019 VS 2025
Table 71: Smart Elevators Market in Asia-Pacific by Solution:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 72: Asia-Pacific Smart Elevators Market Share Analysis by
Solution: 2019 VS 2025
Table 73: Smart Elevators Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2018-2025
Table 74: Asia-Pacific Smart Elevators Market Share Analysis: A
7-Year Perspective by Application for 2019 and 2025
AUSTRALIA
Table 75: Smart Elevators Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2018-2025
Table 76: Australian Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 77: Smart Elevators Market in Australia: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2018-2025
Table 78: Smart Elevators Market Share Distribution in
Australia by Application: 2019 VS 2025
INDIA
Table 79: Indian Smart Elevators Market Estimates and Forecasts
in US$ Million by Solution: 2018 to 2025
Table 80: Smart Elevators Market in India: Percentage Share
Breakdown of Sales by Solution for 2019 and 2025
Table 81: Indian Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2018 to 2025
Table 82: Indian Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
SOUTH KOREA
Table 83: Smart Elevators Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2018-2025
Table 84: Smart Elevators Market Share Distribution in South
Korea by Solution: 2019 VS 2025
Table 85: Smart Elevators Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Application for
the Period 2018-2025
Table 86: Smart Elevators Market Share Distribution in South
Korea by Application: 2019 VS 2025
REST OF ASIA-PACIFIC
Table 87: Rest of Asia-Pacific Market for Smart Elevators:
Annual Sales Estimates and Projections in US$ Million by
Solution for the Period 2018-2025
Table 88: Rest of Asia-Pacific Smart Elevators Market Share
Analysis by Solution: 2019 VS 2025
Table 89: Rest of Asia-Pacific Demand Estimates and Forecasts
for Smart Elevators in US$ Million by Application: 2018 to 2025
Table 90: Smart Elevators Market Share Shift in Rest of
Asia-Pacific by Application: 2019 VS 2025
LATIN AMERICA
Table 91: Latin American Smart Elevators Market Trends by
Region/Country in US$ Million: 2018-2025
Table 92: Latin American Smart Elevators Market Percentage
Breakdown of Sales by Region/Country: 2019 and 2025
Table 93: Latin American Smart Elevators Market Growth
Prospects in US$ Million by Solution for the Period 2018-2025
Table 94: Latin American Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2019 and 2025
Table 95: Latin American Demand for Smart Elevators in US$
Million by Application: 2018 to 2025
Table 96: Latin American Smart Elevators Market Share Breakdown
by Application: 2019 VS 2025
ARGENTINA
Table 97: Argentinean Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018-2025
Table 98: Argentinean Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 99: Argentinean Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 100: Argentinean Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
BRAZIL
Table 101: Smart Elevators Market in Brazil by Solution:
Estimates and Projections in US$ Million for the Period
2018-2025
Table 102: Brazilian Smart Elevators Market Share Analysis by
Solution: 2019 VS 2025
Table 103: Smart Elevators Quantitative Demand Analysis in
Brazil in US$ Million by Application: 2018-2025
Table 104: Brazilian Smart Elevators Market Share Analysis: A
7-Year Perspective by Application for 2019 and 2025
MEXICO
Table 105: Smart Elevators Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2018-2025
Table 106: Mexican Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 107: Smart Elevators Market in Mexico: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2018-2025
Table 108: Smart Elevators Market Share Distribution in Mexico
by Application: 2019 VS 2025
REST OF LATIN AMERICA
Table 109: Rest of Latin America Smart Elevators Market
Estimates and Projections in US$ Million by Solution: 2018 to
2025
Table 110: Rest of Latin America Smart Elevators Market Share
Breakdown by Solution: 2019 VS 2025
Table 111: Rest of Latin America Smart Elevators Latent Demand
Forecasts in US$ Million by Application: 2018 to 2025
Table 112: Smart Elevators Market Share Breakdown in Rest of
Latin America by Application: 2019 VS 2025
MIDDLE EAST
Table 113: The Middle East Smart Elevators Market Estimates and
Forecasts in US$ Million by Region/Country: 2018-2025
Table 114: The Middle East Smart Elevators Market Share
Breakdown by Region/Country: 2019 and 2025
Table 115: The Middle East Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018 to 2025
Table 116: Smart Elevators Market in the Middle East:
Percentage Share Breakdown of Sales by Solution for 2019 and
2025
Table 117: The Middle East Smart Elevators Market Quantitative
Demand Analysis in US$ Million by Application: 2018 to 2025
Table 118: The Middle East Smart Elevators Market Share
Analysis by Application: 2019 VS 2025
IRAN
Table 119: Iranian Market for Smart Elevators: Annual Sales
Estimates and Projections in US$ Million by Solution for the
Period 2018-2025
Table 120: Iranian Smart Elevators Market Share Analysis by
Solution: 2019 VS 2025
Table 121: Iranian Demand Estimates and Forecasts for Smart
Elevators in US$ Million by Application: 2018 to 2025
Table 122: Smart Elevators Market Share Shift in Iran by
Application: 2019 VS 2025
ISRAEL
Table 123: Israeli Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2018-2025
Table 124: Israeli Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 125: Israeli Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2018-2025
Table 126: Israeli Smart Elevators Market Share Analysis by
Application: 2019 VS 2025
SAUDI ARABIA
Table 127: Saudi Arabian Smart Elevators Market Growth
Prospects in US$ Million by Solution for the Period 2018-2025
Table 128: Saudi Arabian Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2019 and 2025
Table 129: Saudi Arabian Demand for Smart Elevators in US$
Million by Application: 2018 to 2025
Table 130: Saudi Arabian Smart Elevators Market Share Breakdown
by Application: 2019 VS 2025
UNITED ARAB EMIRATES
Table 131: Smart Elevators Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Solution for the Period 2018-2025
Table 132: Smart Elevators Market Share Distribution in United
Arab Emirates by Solution: 2019 VS 2025
Table 133: Smart Elevators Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Application for the Period 2018-2025
Table 134: Smart Elevators Market Share Distribution in United
Arab Emirates by Application: 2019 VS 2025
REST OF MIDDLE EAST
Table 135: Smart Elevators Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Million by
Solution for the Period 2018-2025
Table 136: Rest of Middle East Smart Elevators Market Share
Breakdown by Solution: 2019 VS 2025
Table 137: Smart Elevators Market in Rest of Middle East:
Annual Sales Estimates and Forecasts in US$ Million by
Application for the Period 2018-2025
Table 138: Smart Elevators Market Share Distribution in Rest of
Middle East by Application: 2019 VS 2025
AFRICA
Table 139: African Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2018 to 2025
Table 140: African Smart Elevators Market Share Breakdown by
Solution: 2019 VS 2025
Table 141: African Smart Elevators Latent Demand Forecasts in
US$ Million by Application: 2018 to 2025
Table 142: Smart Elevators Market Share Breakdown in Africa by
Application: 2019 VS 2025

IV. COMPETITION

BOSCH ELEVATOR CLOUD
FUJITEC CO., LTD.
HITACHI LTD.
HONEYWELL SENSING AND CONTROL
HYUNDAI ELEVATOR CO., LTD.
KONE CORPORATION
MITSUBISHI ELECTRIC CORPORATION
MITSUBISHI ELECTRIC US – ELEVATOR & ESCALATOR DIVISION
OTIS ELEVATOR COMPANY
SCHINDLER GROUP
THYSSENKRUPP AG
TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION

V. CURATED RESEARCH
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