France Smart Elevators Market Booming Worldwide with Latest Trend and Future Scope by 2029

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.

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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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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

France Smart Elevators Market by Type

  • Passenger
  • Freight

France Smart Elevators Market by Application

  • Residential
  • Commercial
  • Industrial
  • Others

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.

The Report Covers

  • Comprehensive research methodology of the France smart elevators market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the France smart elevators market.
  • Insights about market determinants which are stimulating the France smart elevators market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

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