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Global IoT Solutions for Elevator Management Market Research Report 2025
Synopsis
IoT Solutions for Elevator Management is designed to gradually increase the raw data collection from elevators and their operating environment to create actionable Preventive and Predictive tasks to reduce maintenance costs and minimize failure rates.
The global IoT Solutions for Elevator Management market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report aims to provide a comprehensive presentation of the global market for IoT Solutions for Elevator Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Solutions for Elevator Management.
Report Scope
The IoT Solutions for Elevator Management market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Solutions for Elevator Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Solutions for Elevator Management companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis Elevator
KONE
Schindler
ThyssenKrupp
Mitsubishi Electric
Toshiba Elevator
Hitachi
Fujitec
Hyundai Elevator
Digi International
IBM
General Electric
Telefónica
Microsoft
Huawei
Bosch
Siemens
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Solutions for Elevator Management companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
IoT Solutions for Elevator Management is designed to gradually increase the raw data collection from elevators and their operating environment to create actionable Preventive and Predictive tasks to reduce maintenance costs and minimize failure rates.
The global IoT Solutions for Elevator Management market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report aims to provide a comprehensive presentation of the global market for IoT Solutions for Elevator Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT Solutions for Elevator Management.
Report Scope
The IoT Solutions for Elevator Management market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global IoT Solutions for Elevator Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the IoT Solutions for Elevator Management companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis Elevator
KONE
Schindler
ThyssenKrupp
Mitsubishi Electric
Toshiba Elevator
Hitachi
Fujitec
Hyundai Elevator
Digi International
IBM
General Electric
Telefónica
Microsoft
Huawei
Bosch
Siemens
Segment by Type
Hardware
Software
Services
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of IoT Solutions for Elevator Management companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global IoT Solutions for Elevator Management Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.2.4 Services
1.3 Market by Application
1.3.1 Global IoT Solutions for Elevator Management Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global IoT Solutions for Elevator Management Market Perspective (2019-2030)
2.2 IoT Solutions for Elevator Management Growth Trends by Region
2.2.1 Global IoT Solutions for Elevator Management Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 IoT Solutions for Elevator Management Historic Market Size by Region (2019-2024)
2.2.3 IoT Solutions for Elevator Management Forecasted Market Size by Region (2025-2030)
2.3 IoT Solutions for Elevator Management Market Dynamics
2.3.1 IoT Solutions for Elevator Management Industry Trends
2.3.2 IoT Solutions for Elevator Management Market Drivers
2.3.3 IoT Solutions for Elevator Management Market Challenges
2.3.4 IoT Solutions for Elevator Management Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top IoT Solutions for Elevator Management Players by Revenue
3.1.1 Global Top IoT Solutions for Elevator Management Players by Revenue (2019-2024)
3.1.2 Global IoT Solutions for Elevator Management Revenue Market Share by Players (2019-2024)
3.2 Global IoT Solutions for Elevator Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by IoT Solutions for Elevator Management Revenue
3.4 Global IoT Solutions for Elevator Management Market Concentration Ratio
3.4.1 Global IoT Solutions for Elevator Management Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by IoT Solutions for Elevator Management Revenue in 2023
3.5 IoT Solutions for Elevator Management Key Players Head office and Area Served
3.6 Key Players IoT Solutions for Elevator Management Product Solution and Service
3.7 Date of Enter into IoT Solutions for Elevator Management Market
3.8 Mergers & Acquisitions, Expansion Plans
4 IoT Solutions for Elevator Management Breakdown Data by Type
4.1 Global IoT Solutions for Elevator Management Historic Market Size by Type (2019-2024)
4.2 Global IoT Solutions for Elevator Management Forecasted Market Size by Type (2025-2030)
5 IoT Solutions for Elevator Management Breakdown Data by Application
5.1 Global IoT Solutions for Elevator Management Historic Market Size by Application (2019-2024)
5.2 Global IoT Solutions for Elevator Management Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America IoT Solutions for Elevator Management Market Size (2019-2030)
6.2 North America IoT Solutions for Elevator Management Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America IoT Solutions for Elevator Management Market Size by Country (2019-2024)
6.4 North America IoT Solutions for Elevator Management Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe IoT Solutions for Elevator Management Market Size (2019-2030)
7.2 Europe IoT Solutions for Elevator Management Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe IoT Solutions for Elevator Management Market Size by Country (2019-2024)
7.4 Europe IoT Solutions for Elevator Management Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific IoT Solutions for Elevator Management Market Size (2019-2030)
8.2 Asia-Pacific IoT Solutions for Elevator Management Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific IoT Solutions for Elevator Management Market Size by Region (2019-2024)
8.4 Asia-Pacific IoT Solutions for Elevator Management Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America IoT Solutions for Elevator Management Market Size (2019-2030)
9.2 Latin America IoT Solutions for Elevator Management Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America IoT Solutions for Elevator Management Market Size by Country (2019-2024)
9.4 Latin America IoT Solutions for Elevator Management Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa IoT Solutions for Elevator Management Market Size (2019-2030)
10.2 Middle East & Africa IoT Solutions for Elevator Management Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa IoT Solutions for Elevator Management Market Size by Country (2019-2024)
10.4 Middle East & Africa IoT Solutions for Elevator Management Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Otis Elevator
11.1.1 Otis Elevator Company Detail
11.1.2 Otis Elevator Business Overview
11.1.3 Otis Elevator IoT Solutions for Elevator Management Introduction
11.1.4 Otis Elevator Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.1.5 Otis Elevator Recent Development
11.2 KONE
11.2.1 KONE Company Detail
11.2.2 KONE Business Overview
11.2.3 KONE IoT Solutions for Elevator Management Introduction
11.2.4 KONE Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.2.5 KONE Recent Development
11.3 Schindler
11.3.1 Schindler Company Detail
11.3.2 Schindler Business Overview
11.3.3 Schindler IoT Solutions for Elevator Management Introduction
11.3.4 Schindler Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.3.5 Schindler Recent Development
11.4 ThyssenKrupp
11.4.1 ThyssenKrupp Company Detail
11.4.2 ThyssenKrupp Business Overview
11.4.3 ThyssenKrupp IoT Solutions for Elevator Management Introduction
11.4.4 ThyssenKrupp Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.4.5 ThyssenKrupp Recent Development
11.5 Mitsubishi Electric
11.5.1 Mitsubishi Electric Company Detail
11.5.2 Mitsubishi Electric Business Overview
11.5.3 Mitsubishi Electric IoT Solutions for Elevator Management Introduction
11.5.4 Mitsubishi Electric Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.5.5 Mitsubishi Electric Recent Development
11.6 Toshiba Elevator
11.6.1 Toshiba Elevator Company Detail
11.6.2 Toshiba Elevator Business Overview
11.6.3 Toshiba Elevator IoT Solutions for Elevator Management Introduction
11.6.4 Toshiba Elevator Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.6.5 Toshiba Elevator Recent Development
11.7 Hitachi
11.7.1 Hitachi Company Detail
11.7.2 Hitachi Business Overview
11.7.3 Hitachi IoT Solutions for Elevator Management Introduction
11.7.4 Hitachi Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.7.5 Hitachi Recent Development
11.8 Fujitec
11.8.1 Fujitec Company Detail
11.8.2 Fujitec Business Overview
11.8.3 Fujitec IoT Solutions for Elevator Management Introduction
11.8.4 Fujitec Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.8.5 Fujitec Recent Development
11.9 Hyundai Elevator
11.9.1 Hyundai Elevator Company Detail
11.9.2 Hyundai Elevator Business Overview
11.9.3 Hyundai Elevator IoT Solutions for Elevator Management Introduction
11.9.4 Hyundai Elevator Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.9.5 Hyundai Elevator Recent Development
11.10 Digi International
11.10.1 Digi International Company Detail
11.10.2 Digi International Business Overview
11.10.3 Digi International IoT Solutions for Elevator Management Introduction
11.10.4 Digi International Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.10.5 Digi International Recent Development
11.11 IBM
11.11.1 IBM Company Detail
11.11.2 IBM Business Overview
11.11.3 IBM IoT Solutions for Elevator Management Introduction
11.11.4 IBM Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.11.5 IBM Recent Development
11.12 General Electric
11.12.1 General Electric Company Detail
11.12.2 General Electric Business Overview
11.12.3 General Electric IoT Solutions for Elevator Management Introduction
11.12.4 General Electric Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.12.5 General Electric Recent Development
11.13 Telefónica
11.13.1 Telefónica Company Detail
11.13.2 Telefónica Business Overview
11.13.3 Telefónica IoT Solutions for Elevator Management Introduction
11.13.4 Telefónica Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.13.5 Telefónica Recent Development
11.14 Microsoft
11.14.1 Microsoft Company Detail
11.14.2 Microsoft Business Overview
11.14.3 Microsoft IoT Solutions for Elevator Management Introduction
11.14.4 Microsoft Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.14.5 Microsoft Recent Development
11.15 Huawei
11.15.1 Huawei Company Detail
11.15.2 Huawei Business Overview
11.15.3 Huawei IoT Solutions for Elevator Management Introduction
11.15.4 Huawei Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.15.5 Huawei Recent Development
11.16 Bosch
11.16.1 Bosch Company Detail
11.16.2 Bosch Business Overview
11.16.3 Bosch IoT Solutions for Elevator Management Introduction
11.16.4 Bosch Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.16.5 Bosch Recent Development
11.17 Siemens
11.17.1 Siemens Company Detail
11.17.2 Siemens Business Overview
11.17.3 Siemens IoT Solutions for Elevator Management Introduction
11.17.4 Siemens Revenue in IoT Solutions for Elevator Management Business (2019-2024)
11.17.5 Siemens Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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