France smart elevators market is estimated to grow considerably, at a CAGR of 14.2% during the forecast period. France is one of the most technologically advanced and modern countries, globally. The high urbanization rate in the country may augment the demand for high-rise buildings in the country. Courbevoie, Puteaux, and Paris are the major center for the construction of a skyscraper in the country. As per the Council on Tall Buildings and Urban Habitat (CTBUH), around 17 skyscraper construction has to be completed by 2024. In February 2017, the Government of France announced to build seven skyscrapers in the country in order to boost the business after Brexit. These skyscrapers will cater to the bankers, academics, and researchers who might be forced to migrate from London to Paris after Brexit.
A considerable number of activities related to a smart elevator have been witnessed in the country in the coupe of years. In February 2019, ThyssenKrupp Elevator initiated digitally assisted services MAX in Paris. Max is an IoT based predictive maintenance technology developed by partnering with Microsoft. It was applied at Électricité de France (EDF) S.A. headquarter. The company signed an agreement with EDF for the maintenance of 585 elevators and 1,545 doors of all locations of EDF in the country.
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France Smart Elevators Market Segmentation
By Type
- Passenger
- Freight
By Application
- Residential
- Commercial
- Industrial
- Others
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Company Profiles
- Bosch Security Solutions GmbH
- Fujitec Co., Ltd.
- Hitachi Ltd.
- Honeywell International Inc.
- Hyundai Elevator Co. Ltd.
- Johnson Controls Inc.
- Kleemann Hellas SA
- KONE Corp.
- Mitsubishi Electric Corp.
- OTIS Elevator Corp. (A United Technologies Co.)
- Schindler Holding AG
- ThyssenKrupp Elevator AG
- Toshiba Elevators and Building Systems Corp.
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