Global Smart Elevators Industry - GlobeNewswire

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New York, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Elevators Industry" - https://www.reportlinker.com/p03037275/?utm_source=GNW
5 Billion by 2027, growing at a CAGR of 11.7% over the analysis period 2020-2027. Control Systems, one of the segments analyzed in the report, is projected to record a 11.4% CAGR and reach US$9.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Maintenance Systems segment is readjusted to a revised 10.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 15.3% CAGR

The Smart Elevators market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 15.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.2% and 10.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Communication Systems Segment to Record 9.9% CAGR

In the global Communication Systems segment, USA, Canada, Japan, China and Europe will drive the 9.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion in the year 2020 will reach a projected size of US$3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.9 Billion by the year 2027, while Latin America will expand at a 11.2% CAGR through the analysis period. We bring years of research experience to this 19th edition of our report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

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

Read the full report: https://www.reportlinker.com/p03037275/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Global Competitor Market Shares
Smart Elevators Competitor Market Share Scenario Worldwide
(in %): 2019 & 2028
Impact of Covid-19 and a Looming Global Recession

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: 2020-2027

Table 2: Smart Elevators Market Share Shift across Key
Geographies Worldwide: 2020 VS 2027

Table 3: Control Systems (Solution) World Market by
Region/Country in US$ Million: 2020 to 2027

Table 4: Control Systems (Solution) Market Share Breakdown of
Worldwide Sales by Region/Country: 2020 VS 2027

Table 5: Maintenance Systems (Solution) Potential Growth
Markets Worldwide in US$ Million: 2020 to 2027

Table 6: Maintenance Systems (Solution) Market Sales Breakdown
by Region/Country in Percentage: 2020 VS 2027

Table 7: Communication Systems (Solution) Geographic Market
Spread Worldwide in US$ Million: 2020 to 2027

Table 8: Communication Systems (Solution) Market Share
Distribution in Percentage by Region/Country: 2020 VS 2027

Table 9: Services (Solution) World Market Estimates and
Forecasts by Region/Country in US$ Million: 2020 to 2027

Table 10: Services (Solution) Market Share Breakdown by
Region/Country: 2020 VS 2027

Table 11: Residential (Application) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2020-2027

Table 12: Residential (Application) Distribution of Global
Sales by Region/Country: 2020 VS 2027

Table 13: Commercial (Application) Sales Estimates and
Forecasts in US$ Million by Region/Country for the Years 2020
through 2027

Table 14: Commercial (Application) Global Market Share
Distribution by Region/Country for 2020 and 2027

Table 15: Industrial (Application) Global Opportunity
Assessment in US$ Million by Region/Country: 2020-2027

Table 16: Industrial (Application) Percentage Share Breakdown
of Global Sales by Region/Country: 2020 VS 2027

Table 17: Institutional (Application) Worldwide Sales in US$
Million by Region/Country: 2020-2027

Table 18: Institutional (Application) Market Share Shift across
Key Geographies: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Smart Elevators Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 19: United States Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2020 to 2027

Table 20: United States Smart Elevators Market Share Breakdown
by Solution: 2020 VS 2027

Table 21: United States Smart Elevators Latent Demand Forecasts
in US$ Million by Application: 2020 to 2027

Table 22: Smart Elevators Market Share Breakdown in the United
States by Application: 2020 VS 2027

CANADA
Table 23: Canadian Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020 to 2027

Table 24: Smart Elevators Market in Canada: Percentage Share
Breakdown of Sales by Solution for 2020 and 2027

Table 25: Canadian Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027

Table 26: Canadian Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

JAPAN
Table 27: Japanese Market for Smart Elevators: Annual Sales
Estimates and Projections in US$ Million by Solution for the
Period 2020-2027

Table 28: Japanese Smart Elevators Market Share Analysis by
Solution: 2020 VS 2027

Table 29: Japanese Demand Estimates and Forecasts for Smart
Elevators in US$ Million by Application: 2020 to 2027

Table 30: Smart Elevators Market Share Shift in Japan by
Application: 2020 VS 2027

CHINA
Table 31: Chinese Smart Elevators Market Growth Prospects in
US$ Million by Solution for the Period 2020-2027

Table 32: Chinese Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2020 and 2027

Table 33: Chinese Demand for Smart Elevators in US$ Million by
Application: 2020 to 2027

Table 34: Chinese Smart Elevators Market Share Breakdown by
Application: 2020 VS 2027

EUROPE
Market Facts & Figures
European Smart Elevators Market: Competitor Market Share
Scenario (in %) for 2019 & 2025
Market Analytics
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: 2020 VS 2027

Table 37: European Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020-2027

Table 38: European Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 39: European Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 40: European Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

FRANCE
Table 41: Smart Elevators Market in France by Solution:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 42: French Smart Elevators Market Share Analysis by
Solution: 2020 VS 2027

Table 43: Smart Elevators Quantitative Demand Analysis in
France in US$ Million by Application: 2020-2027

Table 44: French Smart Elevators Market Share Analysis:
A 7-Year Perspective by Application for 2020 and 2027

GERMANY
Table 45: Smart Elevators Market in Germany: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2020-2027

Table 46: German Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 47: Smart Elevators Market in Germany: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027

Table 48: Smart Elevators Market Share Distribution in Germany
by Application: 2020 VS 2027

ITALY
Table 49: Italian Smart Elevators Market Growth Prospects in
US$ Million by Solution for the Period 2020-2027

Table 50: Italian Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2020 and 2027

Table 51: Italian Demand for Smart Elevators in US$ Million by
Application: 2020 to 2027

Table 52: Italian Smart Elevators Market Share Breakdown by
Application: 2020 VS 2027

UNITED KINGDOM
Table 53: United Kingdom Market for Smart Elevators: Annual
Sales Estimates and Projections in US$ Million by Solution for
the Period 2020-2027

Table 54: United Kingdom Smart Elevators Market Share Analysis
by Solution: 2020 VS 2027

Table 55: United Kingdom Demand Estimates and Forecasts for
Smart Elevators in US$ Million by Application: 2020 to 2027

Table 56: Smart Elevators Market Share Shift in the United
Kingdom by Application: 2020 VS 2027

SPAIN
Table 57: Spanish Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020 to 2027

Table 58: Smart Elevators Market in Spain: Percentage Share
Breakdown of Sales by Solution for 2020 and 2027

Table 59: Spanish Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027

Table 60: Spanish Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

RUSSIA
Table 61: Russian Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2020 to 2027

Table 62: Russian Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 63: Russian Smart Elevators Latent Demand Forecasts in
US$ Million by Application: 2020 to 2027

Table 64: Smart Elevators Market Share Breakdown in Russia by
Application: 2020 VS 2027

REST OF EUROPE
Table 65: Rest of Europe Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020-2027

Table 66: Rest of Europe Smart Elevators Market Share Breakdown
by Solution: 2020 VS 2027

Table 67: Rest of Europe Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 68: Rest of Europe Smart Elevators Market Share Analysis
by Application: 2020 VS 2027

ASIA-PACIFIC
Table 69: Asia-Pacific Smart Elevators Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 70: Asia-Pacific Smart Elevators Market Share Analysis by
Region/Country: 2020 VS 2027

Table 71: Smart Elevators Market in Asia-Pacific by Solution:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 72: Asia-Pacific Smart Elevators Market Share Analysis by
Solution: 2020 VS 2027

Table 73: Smart Elevators Quantitative Demand Analysis in
Asia-Pacific in US$ Million by Application: 2020-2027

Table 74: Asia-Pacific Smart Elevators Market Share Analysis:
A 7-Year Perspective by Application for 2020 and 2027

AUSTRALIA
Table 75: Smart Elevators Market in Australia: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2020-2027

Table 76: Australian Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 77: Smart Elevators Market in Australia: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027

Table 78: Smart Elevators Market Share Distribution in
Australia by Application: 2020 VS 2027

INDIA
Table 79: Indian Smart Elevators Market Estimates and Forecasts
in US$ Million by Solution: 2020 to 2027

Table 80: Smart Elevators Market in India: Percentage Share
Breakdown of Sales by Solution for 2020 and 2027

Table 81: Indian Smart Elevators Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027

Table 82: Indian Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

SOUTH KOREA
Table 83: Smart Elevators Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2020-2027

Table 84: Smart Elevators Market Share Distribution in South
Korea by Solution: 2020 VS 2027

Table 85: Smart Elevators Market in South Korea: Recent Past,
Current and Future Analysis in US$ Million by Application for
the Period 2020-2027

Table 86: Smart Elevators Market Share Distribution in South
Korea by Application: 2020 VS 2027

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 2020-2027

Table 88: Rest of Asia-Pacific Smart Elevators Market Share
Analysis by Solution: 2020 VS 2027

Table 89: Rest of Asia-Pacific Demand Estimates and Forecasts
for Smart Elevators in US$ Million by Application: 2020 to 2027

Table 90: Smart Elevators Market Share Shift in Rest of
Asia-Pacific by Application: 2020 VS 2027

LATIN AMERICA
Table 91: Latin American Smart Elevators Market Trends by
Region/Country in US$ Million: 2020-2027

Table 92: Latin American Smart Elevators Market Percentage
Breakdown of Sales by Region/Country: 2020 and 2027

Table 93: Latin American Smart Elevators Market Growth
Prospects in US$ Million by Solution for the Period 2020-2027

Table 94: Latin American Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2020 and 2027

Table 95: Latin American Demand for Smart Elevators in US$
Million by Application: 2020 to 2027

Table 96: Latin American Smart Elevators Market Share Breakdown
by Application: 2020 VS 2027

ARGENTINA
Table 97: Argentinean Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020-2027

Table 98: Argentinean Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 99: Argentinean Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 100: Argentinean Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

BRAZIL
Table 101: Smart Elevators Market in Brazil by Solution:
Estimates and Projections in US$ Million for the Period
2020-2027

Table 102: Brazilian Smart Elevators Market Share Analysis by
Solution: 2020 VS 2027

Table 103: Smart Elevators Quantitative Demand Analysis in
Brazil in US$ Million by Application: 2020-2027

Table 104: Brazilian Smart Elevators Market Share Analysis:
A 7-Year Perspective by Application for 2020 and 2027

MEXICO
Table 105: Smart Elevators Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million by Solution for the
Period 2020-2027

Table 106: Mexican Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 107: Smart Elevators Market in Mexico: Annual Sales
Estimates and Forecasts in US$ Million by Application for the
Period 2020-2027

Table 108: Smart Elevators Market Share Distribution in Mexico
by Application: 2020 VS 2027

REST OF LATIN AMERICA
Table 109: Rest of Latin America Smart Elevators Market
Estimates and Projections in US$ Million by Solution: 2020 to
2027

Table 110: Rest of Latin America Smart Elevators Market Share
Breakdown by Solution: 2020 VS 2027

Table 111: Rest of Latin America Smart Elevators Latent Demand
Forecasts in US$ Million by Application: 2020 to 2027

Table 112: Smart Elevators Market Share Breakdown in Rest of
Latin America by Application: 2020 VS 2027

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: 2020 and 2027

Table 115: The Middle East Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020 to 2027

Table 116: Smart Elevators Market in the Middle East:
Percentage Share Breakdown of Sales by Solution for 2020 and
2027

Table 117: The Middle East Smart Elevators Market Quantitative
Demand Analysis in US$ Million by Application: 2020 to 2027

Table 118: The Middle East Smart Elevators Market Share
Analysis by Application: 2020 VS 2027

IRAN
Table 119: Iranian Market for Smart Elevators: Annual Sales
Estimates and Projections in US$ Million by Solution for the
Period 2020-2027

Table 120: Iranian Smart Elevators Market Share Analysis by
Solution: 2020 VS 2027

Table 121: Iranian Demand Estimates and Forecasts for Smart
Elevators in US$ Million by Application: 2020 to 2027

Table 122: Smart Elevators Market Share Shift in Iran by
Application: 2020 VS 2027

ISRAEL
Table 123: Israeli Smart Elevators Market Estimates and
Forecasts in US$ Million by Solution: 2020-2027

Table 124: Israeli Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 125: Israeli Smart Elevators Addressable Market
Opportunity in US$ Million by Application: 2020-2027

Table 126: Israeli Smart Elevators Market Share Analysis by
Application: 2020 VS 2027

SAUDI ARABIA
Table 127: Saudi Arabian Smart Elevators Market Growth
Prospects in US$ Million by Solution for the Period 2020-2027

Table 128: Saudi Arabian Smart Elevators Market by Solution:
Percentage Breakdown of Sales for 2020 and 2027

Table 129: Saudi Arabian Demand for Smart Elevators in US$
Million by Application: 2020 to 2027

Table 130: Saudi Arabian Smart Elevators Market Share Breakdown
by Application: 2020 VS 2027

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 2020-2027

Table 132: Smart Elevators Market Share Distribution in United
Arab Emirates by Solution: 2020 VS 2027

Table 133: Smart Elevators Market in the United Arab Emirates:
Recent Past, Current and Future Analysis in US$ Million by
Application for the Period 2020-2027

Table 134: Smart Elevators Market Share Distribution in United
Arab Emirates by Application: 2020 VS 2027

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 2020-2027

Table 136: Rest of Middle East Smart Elevators Market Share
Breakdown by Solution: 2020 VS 2027

Table 137: Smart Elevators Market in Rest of Middle East:
Annual Sales Estimates and Forecasts in US$ Million by
Application for the Period 2020-2027

Table 138: Smart Elevators Market Share Distribution in Rest of
Middle East by Application: 2020 VS 2027

AFRICA
Table 139: African Smart Elevators Market Estimates and
Projections in US$ Million by Solution: 2020 to 2027

Table 140: African Smart Elevators Market Share Breakdown by
Solution: 2020 VS 2027

Table 141: African Smart Elevators Latent Demand Forecasts in
US$ Million by Application: 2020 to 2027

Table 142: Smart Elevators Market Share Breakdown in Africa by
Application: 2020 VS 2027

IV. COMPETITION
Total Companies Profiled: 12
Read the full report: https://www.reportlinker.com/p03037275/?utm_source=GNW

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