Automotive and Transportation

Global Smart Elevators Market 2015-2019

  • TEC373799
  • 63 Pages
  • December 2015
  • Automotive and Transportation
Market outlook of the global smart elevators market

Smart elevators are faster and more energy efficient when compared to conventional elevators. The augmented demand for energy-efficient products coupled with the rapid increase in construction activity are expected to aid this market in surpassing USD 22 billion by 2019.

In this market research report, Technavio analysts estimate eminent factors, such as the development of smart cities, to drive market growth during the forecast period. Smart cities provide a sustainable and efficient environment within a building and have attained great popularity in developed as well as developing countries. Since buildings in these cities employ various technologies to improve energy efficiency, the implementation of smart elevators in such buildings will aid in fostering market growth during the forecast period.

End-user segmentation of the smart elevators market

Commercial sector
Residential sector
Construction sector
The residential sector is expected to show the highest market growth rate during the forecast period. Increasing urbanization and high demand for energy efficient and intelligent elevators are some of the significant factors that are expected to account for this segments high growth rate during the forecast period.

Geographical segmentation of the smart elevators market

APEJ
North America
Europe
Others
Technavios market research analyst has estimated the APEJ region to show the highest growth rate during the forecast period. High market growth rate of the APEJ region can be attributed to the presence of rapidly growing markets such as China, India, Indonesia, Malaysia, and Vietnam, which show significant growth potential during the forecast period.

Competitive landscape and key vendors

This market is primarily dominated by leading vendors like Hitachi and Otis. These vendors compete with each other on the basis of providing smart elevator installation, maintenance, and modernization services. Additionally, the ability of these vendors to aid large-scale public infrastructure, residential, and commercial construction projects will help in increasing their market share during the forecast period.

Key vendors in this market are -

Hitachi
Mitsubishi
Otis
Schindler
ThyssenKrupp
Other prominent vendors in this market are Bosch, Fujitec, Hyundai, Honeywell, and KONE.

Key questions answered in the report include

What will the market size and the growth rate be in 2019?
What are the key factors driving the global smart elevators market?
What are the key market trends impacting the growth of the global smart elevators market?
What are the challenges to market growth?
Who are the key vendors in the global smart elevators market?
What are the market opportunities and threats faced by the vendors in the global smart elevators market?
Trending factors influencing the market shares of the APEJ, North America, and Europe?
What are the key outcomes of the five forces analysis of the global smart elevators market?
Technavio also offers customization on reports based on specific client requirement.

Related reports

Elevator and Escalator Market in the GCC 2014-2018
Elevators and Escalators Market in the UK 2015-2019
Elevator and Escalator Market in the US 2015-2019
Elevators and Escalators Market in Canada - Market Analysis 2015-2019
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Intelligent Transport System Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Intelligent transportation system (ITS) is advanced application which aim to deliver innovative services relating to different modes of transport and traffic management. ITS enable users to be better informed and ...

March 2017 | $7695 | Pre Book Price:$6734

Forklift Truck Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Fork lift truck or fork truck is an industrial truck which is powered to lift and transport materials in warehouses, shipping depots, manufacturing and many others. After the World War ...

March 2017 | $7695 | Pre Book Price:$6734

E-Commerce Logistics Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

E-commerce logistics have evolved substantially globally over the last few years. Customer preferences are changing by experiences they have made with innovative business areas. The new requirements primarily consist of ...

March 2017 | $7695 | Pre Book Price:$6734

Automotive Turbocharger Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Automotive turbocharger market is expected to witness rapid growth in the coming years supported by its rising application in automotive sector. OEM and aftermarket are the main application areas where ...

March 2017 | $7695 | Pre Book Price:$6734

World Automotive Camera & Camera Module Market - Opportunities and Forecasts, 2015 - 2020

Automotive camera is a camera installed at front side, rear side, or inside a vehicle for safety purposes. Camera modules contain image sensors that are coupled with electronics components in ...

July 2017 | $5370 | Pre Book Price:$4699

World Composite Materials Market - Opportunities and Forecasts, 2015 - 2020

Composite materials are materials composed of two or more fibers and polymers. These materials enhance the efficiency of vehicle by reducing its overall weight. Composite materials reduce emission of greenhouse ...

July 2017 | $5370 | Pre Book Price:$4699

2017 © Copyright Big Market Research

View Pricing >>