The Smart Elevator Market size has exceeded USD 9 billion in 2019 and is expected to grow by more than 5% per annum from 2021 to 2027. Continued industrialization and economic development and increasing urbanization will drive the market growth. Consumer interest has shifted to the adoption of advanced technologies as the standard of living has improved significantly due to the increase in per capita income. In addition, stringent government regulations on expanding existing grid infrastructure and reducing power theft will drive product demand.
A full report of Smart Elevator Market available at: https://www.orionmarketreports.com/smart-elevator-market-size-market/26587/
Smart Elevator Market- Segmentation
By Solutions
• Elevator Access Control & Security
• Elevator Automation
• Elevator Modernization
• Maintenance
By Applications
• Residential
• Commercial
• Industrial
• Institutional
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
Key Players
• Schindler Holding AG
• Honeywell International Inc.
• Otis Elevator Corporation
• Hyundai Elevator Co. Ltd.
• Mitsubishi Electric Corporation
• KONE Elevators Co. Ltd.
• ThyssenKrupp
• Fujitec
• Bosch Security Systems
• Hitachi Ltd
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
