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Elevator Automation Market Forecast by Leading Manufacturers 2025- KONE Corporation, Hitachi, Fujitec, Thyssenkrupp AG, Mitsubishi Electric Corporation, Hyundai Elevator

11-27-2018 01:08 PM CET | Industry, Real Estate & Construction

Press release from: Reportsweb

Elevator Automation Market

Elevator Automation Market

Elevator Automation make use of advance technology for enhancing efficiency, achieving proper vertical movement of elevators and enhancing traffic management. Smart elevator help to achieve increased energy efficiency and advanced destination dispatch solution. These systems further provide latest digital security measure (such as access control systems), and touch screens. Embedded with automated features, automated elevators have more benefits over the traditional lifts.

These elevators come with pre-fitted automated features that significantly contribute in reduction of waiting time, hence fueling the global elevator automation market. The growing need for energy efficient elevators for conservation of energy wasted during operations has led to implementation of automated elevators.

key players:

KONE Corporation, Hitachi, Ltd., Bosch Security Systems, Fujitec, Thyssenkrupp AG, Mitsubishi Electric Corporation, Hyundai Elevator Co., Ltd., Otis Elevator Company, Schindler, Honeywell International Inc., and Tyco among others.

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The major factor hindering the global elevator automation market is high manufacturing cost of automated elevators. Additionally, the huge installation cost of automated elevators into buildings restraint the growth of global elevator automation market. Due to above mentioned reasons, the adoption rate of automated elevators is very low and it is expected the impact of this factor will subside during the forecast period.

The global elevator automation market has been segmented based on services into installation services, repair & maintenance services, and modernization services. Additionally, the global elevator automation market is fragmented on the basis of products such as elevator access controls & security, automation and controls, biometrics, touchscreens and keypads, card reader, security controls, sensors, and elevator modernization. In addition, the global elevator automation market is segmented based on applications which includes residential sector, commercial sector, industrial sector, institutional sector, and infrastructure sector.

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Table of Contents:

INTRODUCTION
KEY TAKEAWAYS
ELEVATOR AUTOMATION MARKET LANDSCAPE
ELEVATOR AUTOMATION MARKET - KEY INDUSTRY DYNAMICS
ELEVATOR AUTOMATION MARKET - GLOBAL MARKET ANALYSIS
ELEVATOR AUTOMATION MARKET REVENUE AND FORECASTS TO 2025 – TECHNOLOGY
ELEVATOR AUTOMATION MARKET REVENUE AND FORECASTS TO 2025 – APPLICATION
ELEVATOR AUTOMATION MARKET REVENUE AND FORECASTS TO 2025 - GEOGRAPHICAL ANALYSIS
INDUSTRY LANDSCAPE
COMPETITIVE LANDSCAPE
12 Global Elevator Automation Market, Key Company Profiles
12.1 KONE Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Hitachi, Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments

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