openPR Logo
Press release

IoT in Elevators Market Brief Analysis by Top Key Players: Electra Ltd., Fujitec Co., Ltd., Hitachi, Ltd., Hyundai Elevator Co., Ltd., KONE Corporation, Mitsubishi Electric Corporation, Otis Elevator Company, Schindler Group, Telefonica S.A., ThyssenKrupp

02-14-2019 12:05 PM CET | Industry, Real Estate & Construction

Press release from: Verified Market Research

IoT in Elevators Market

IoT in Elevators Market

Verified Market Research has recently published a new report named “IoT in Elevators Market Size and Forecast to 2025". This report intends to study the developments of the IoT in Elevators Market in, including its development status, applicant profiles and future trends, along with focus on the top Key players in the market. To understand all of it, this well-researched report will reveal the market situation in general for you, along with the future forecast of the market.

An exclusive IoT in Elevators Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global IoT in Elevators Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global IoT in Elevators market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Predictive Maintenance Company Ranking

IoT in elevators can be seen to increase through the implementation of predictive maintenance throughout various companies. The IoT can be seen to monitor, analyze, and report on equipment data, the output mostly being a health-score. Examples for predictive maintenance implementations are Kone’s elevators or DC Water’s Hydrants.

Get | Download FREE Sample Copy @ https://www.verifiedmarketresearch.com/download-sample/?rid=7114&utm_source=OPR&utm_medium=PK

The Major Key Players in the Market are as follows:

• Electra Ltd.
• Fujitec Co., Ltd.
• Hitachi, Ltd.
• Hyundai Elevator Co., Ltd.
• KONE Corporation
• Mitsubishi Electric Corporation
• Otis Elevator Company
• Schindler Group
• Telefonica S.A.
• ThyssenKrupp AG
• Toshiba Elevators

Factors influencing the market

Factors that are driving the growth of the market include the reduction of overall downtime in elevators. The IoT devices allow the constant update of the elevator that would be traditionally obtained through daily use and inspection. These updates facilitate the reduction of downtime in elevators. Another factor that is boosting the growth of the market involves the increasing demand globally for safe and power efficient technologies from the construction industry. The incorporation of IoT in elevators aid in the overall product reliability. This increase in the reliability of elevators increases the overall safety and efficiency of the IoT in elevators market. A factor that is expected to hinder the growth of the IoT market in elevators is the substantial initial investment that is involved in the implementation of this technology in elevators. This large investment is expected to hamper the likelihood that sectors, especially such as residential will be willing to convert to IoT in elevators.

Global IOT in Elevators Market Analysis

According to Verified Market Research, The Global IoT in Elevators Market was valued at USD 15.66 Million in 2018 and is projected to reach USD 49.73 Billion by 2026, growing at a CAGR of 15.46% from 2019 to 2026. The North American Market is expected to participate heavily in the implementation of IoT in elevators in all sectors (industrial, commercial and residential). This position can be attributed to the large base of existing users in the region. North America is therefore considered as the largest player in the market as it is expected to contribute significantly to the overall revenue in the near future. As technical awareness in North America and Europe is more established, the market for IoT in elevators is relatively mature. Due to this, other regions such as the Asia Pacific, South America, and the Middle East are likely to expand at a vigorous CAGR in the coming years.

Global IoT in Elevators Market Geographic Scope

• North America
o U.S.
o Canada
o Mexico

• Europe
o Germany
o UK
o France
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific

• Latin America
o Brazil

• Rest of the World

Avail The Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=7114&utm_source=OPR&utm_medium=PK


Table Of Content

1 Introduction Of The Global IoT in Elevators
2 Executive Summary
3 Research Methodology Of Verified Market Intelligence
4 The Global IoT in Elevators Outlook
5 The Global IoT in Elevators, By Systems
6 The Global IoT in Elevators, By Service
7 The Global IoT in Elevators, By Verticals
8 The Global IoT in Elevators, By Applications
9 The Global IoT in Elevators, By Geography
10 The Global IoT in Elevators Competitive Landscape

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Complete Report is Available @ https://www.verifiedmarketresearch.com/product/global-iot-in-elevators-market-size-and-forecast-to-2026/?utm_source=OPR&utm_medium=PK

About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.

Contact Us:
Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IoT in Elevators Market Brief Analysis by Top Key Players: Electra Ltd., Fujitec Co., Ltd., Hitachi, Ltd., Hyundai Elevator Co., Ltd., KONE Corporation, Mitsubishi Electric Corporation, Otis Elevator Company, Schindler Group, Telefonica S.A., ThyssenKrupp here

News-ID: 1588369 • Views:

More Releases from Verified Market Research

Supply Chain Management Software Market Size, Share, Growth, Market Trends, Outlook with Company Analysis, and Forecast to 2030
Supply Chain Management Software Market Size, Share, Growth, Market Trends, Outl …
New Jersey, United States,- Supply Chain Management Software Market size was valued at USD 23.2 Billion in 2021 and is projected to reach USD 51.19 Billion by 2030, growing at a CAGR of 10.4% from 2022 to 2030. The Global Supply Chain Management Software Market research includes an in-depth analysis of key geographical trends, market dynamics, and global size estimates for the market industry. Product description, product classification, industry structure, and
Portal Software Market Size, Share, Growth, Market Trends, Outlook with Company Analysis, and Forecast to 2030
Portal Software Market Size, Share, Growth, Market Trends, Outlook with Company …
New Jersey, United States,- Portal Software Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030. The Global Portal Software Market research includes an in-depth analysis of key geographical trends, market dynamics, and global size estimates for the market industry. Product description, product classification, industry structure, and
Membership Management Software Market Size, Share, Growth, Market Trends, Outlook with Company Analysis, and Forecast to 2030
Membership Management Software Market Size, Share, Growth, Market Trends, Outloo …
New Jersey, United States,- Membership Management Software Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030. The Global Membership Management Software Market research includes an in-depth analysis of key geographical trends, market dynamics, and global size estimates for the market industry. Product description, product classification, industry
Landscape Software Market Size, Share, Growth, Market Trends, Outlook with Company Analysis, and Forecast to 2030
Landscape Software Market Size, Share, Growth, Market Trends, Outlook with Compa …
New Jersey, United States,- Landscape Software Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030. The Global Landscape Software Market research includes an in-depth analysis of key geographical trends, market dynamics, and global size estimates for the market industry. Product description, product classification, industry structure, and

All 5 Releases


More Releases for IoT

IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom  -  for complete manufactures list, please
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internet
IoT Healthcare Market - Revolution in Healthcare with IOT & IoT has the Potentia …
In this report, the Internet of Things (IoT) Healthcare market was valued at USD 28.42 Billion in 2015, and is projected to reach USD 337.41 billion by 2025, growing at a CAGR of 28.2% over the forecast period. "Internet of Things (IoT) Healthcare Market", published by Xpodence Research, provides extensive insight and analysis of the Internet of Things (IoT) Healthcare market over the next eight years (2015-2025) and acts as a
Narrowband IoT (NB-IoT) Chipset Market - Product Drawbacks 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2879 Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various
Narrowband IoT (NB-IoT) Chipset Market Rapidly expanding 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various new industrial IoT (IIoT) devices, which includes