Global IoT Elevators Market was valued at USD 26.93 Bn in 2023 and is expected to reach USD 82.59 Bn by 2030 at a CAGR of 17.36% during the forecast period. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Global IoT elevators Market Dynamics:
Growing adoption of new IT solutions with modern consumer trends in different organizations and IT modernization is anticipated to propel the IoT in the elevators market in the coming years. Increase in the number of high-rise buildings is expected to fuel the growth of the market in the near future. The growing requirement of high-speed and energy-efficient elevators in Hotels, hospitals, parking buildings, the commercial, residential, and industrial sectors will boost demand for IoT in the elevators market. Increasing demand for safe and power-efficient technologies from the construction industry is expected to fuel the growth of the market in the near future. IoT authorized elevators to show features of energy efficiency, reduce waiting time, and communicate with service. Rapidly increasing urbanization in developing countries like China, India creates ample demand. However, factors such as high initial investment, shortage of technical expertise and high costs of labor for elevator operations, and the guarantee of performance are likely to restrain the growth of the IoT elevators market.Global IoT elevators Market Recent Developments:
Recently Robustel introduced the ‘Smart Elevator’ solution. Connecting elevators to Robustel’s state-of-the-art wireless IoT Gateways to maximize the intelligence of elevator systems. On 19 July 2018 Kone India, has tied up with IBM Watson to harness IoT (internet of things) in the elevators. Recently Huawei in collaboration with Schindler Group started to co-develop smart elevators, tapping Internet of Things (IoT) technology to improve the maintenance and reduce the cost of managing such systems. ThyssenKrupp, in collaboration with Microsoft Corporation (U.S.), launched MAX, an IoT-enabled predictive maintenance solution for elevators.Global IoT elevators Market Regional Analysis:
In view to a large base of existing users in North America, the region is expected to lead the IoT elevator market in the forecast period. Additionally, factors such as Technical awareness among users, in North America many small and large scale vendors are investing in IoT in elevators in order to improve elevator maintenance and reduce the chances of accidents. Moreover, the market in APAC is likely to expand at an xx% CAGR in the forecast period 2024-2030 attributed to, rapid urbanization increasing population base, increasing disposable income will propel the market in APAC. The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. The report will address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global IoT elevators Market.Global IoT elevators Market, Key Highlights:
Global IoT elevators Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global IoT elevators Market Global IoT elevators Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global IoT elevators Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global IoT elevators Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global IoT elevators Market are also profiled.Global IoT elevators Market Scope: Inquire before buying
Global IoT elevators Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 26.93 Bn. Forecast Period 2024 to 2030 CAGR: 17.36% Market Size in 2030: US $ 82.59 Bn. Segments Covered: by Component Hardware Software Services by Application Preventive Maintenance Remote Monitoring Advanced Reporting Connectivity Management by End-user Residential Commercial Industrial Global IoT elevators Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global IoT elevators Market Key Players
1. ThyssenKrupp AG, 2. KONE Corporation, 3. Otis Elevator Company, 4. Schindler Group. 5. Mitsubishi Electric Corporation, and 6. Toshiba Elevators. 7. Hitachi Ltd. (Japan). 8. Hyundai Elevator Co. Ltd. 9. Fujitec Co., Ltd. 10. Electra Ltd. 11. Telefonica S.A. 12. KONE Corporation. 13. Omega 14. Robustel. 15. Liftinzicht 16. Huawei Technologies Co. Ltd. 17. IBM Corporation Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: North America region holds the highest share in 2023. 2. What is the growth rate of Global IoT elevators Market? Ans: The Global market is growing at a CAGR of 17.36% during forecasting period 2024-2030. 3. What is scope of the Global IoT elevators market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global IoT elevators market? Ans: The important key players in the Global market are – ThyssenKrupp AG,, KONE Corporation,, Otis Elevator Company,, Schindler Group., Mitsubishi Electric Corporation, and, Toshiba Elevators., Hitachi Ltd. (Japan)., Hyundai Elevator Co. Ltd., Fujitec Co., Ltd., Electra Ltd., Telefonica S.A., KONE Corporation., Omega, Robustel., Liftinzicht, Huawei Technologies Co. Ltd., IBM Corporation, GRUPPO MILLEPIANI, DOPPLER Manufacturing, and Bosch GmbH. 5. What is the study period of this market? Ans: The Global market is studied from 2023 to 2030.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.2. Secondary data 2.3.3. Secondary Sources 2.3.4. Primary Research 2.3.5. Data from Primary Sources 2.3.6. Breakdown of Primary Sources 3. Executive Summary : Global IoT in Elevators Market, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends in Global IoT in Elevators Market 5. Supply Side and Demand Side Indicators 6. Global IoT in Elevators Market Analysis and Forecast 6.1. Global IoT in Elevators Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global IoT in Elevators Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global IoT in Elevators Market Value Share Analysis, By Application 7.4. Global IoT in Elevators Market Size (US$ Bn) Forecast, By Application 7.5. Global IoT in Elevators Market Analysis, By Application 7.6. Global IoT in Elevators Market Attractiveness Analysis, By Application 8. Global IoT in Elevators Market Analysis and Forecast, By Component 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global IoT in Elevators Market Value Share Analysis, By Component 8.4. Global IoT in Elevators Market Size (US$ Bn) Forecast, By Component 8.5. Global IoT in Elevators Market Analysis, By Component 8.6. Global IoT in Elevators Market Attractiveness Analysis, By Component 9. Global IoT in Elevators Market Analysis and Forecast, by End User 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global IoT in Elevators Market Value Share Analysis, by End User 9.4. Global IoT in Elevators Market Size (US$ Bn) Forecast, by End User 9.5. Global IoT in Elevators Market Analysis, by End User 9.6. Global IoT in Elevators Market Attractiveness Analysis, by End User 10. Global IoT in Elevators Market Analysis, by Region 10.1. Global IoT in Elevators Market Value Share Analysis, by Region 10.2. Global IoT in Elevators Market Size (US$ Bn) Forecast, by Region 10.3. Global IoT in Elevators Market Attractiveness Analysis, by Region 11. North America IoT in Elevators Market Analysis 11.1. Key Findings 11.2. North America IoT in Elevators Market Overview 11.3. North America IoT in Elevators Market Value Share Analysis, By Application 11.4. North America IoT in Elevators Market Forecast, By Application 11.4.1. Preventive Maintenance 11.4.2. Remote Monitoring 11.4.3. Advanced Reporting 11.4.4. Connectivity Management 11.5. North America IoT in Elevators Market Value Share Analysis, By Component 11.6. North America IoT in Elevators Market Forecast, By Component 11.6.1. Software 11.6.2. Hardware 11.6.3. Services 11.7. North America IoT in Elevators Market Value Share Analysis, by End User 11.8. North America IoT in Elevators Market Forecast, by End User 11.8.1. Residential 11.8.2. Commercial 11.8.3. Industrial 11.9. North America IoT in Elevators Market Value Share Analysis, by Country 11.10. North America IoT in Elevators Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America IoT in Elevators Market Analysis, by Country 11.12. U.S. IoT in Elevators Market Forecast, By Application 11.12.1. Preventive Maintenance 11.12.2. Remote Monitoring 11.12.3. Advanced Reporting 11.12.4. Connectivity Management 11.13. U.S. IoT in Elevators Market Forecast, By Component 11.13.1. Software 11.13.2. Hardware 11.13.3. Services 11.14. U.S. IoT in Elevators Market Forecast, by End User 11.14.1. Residential 11.14.2. Commercial 11.14.3. Industrial 11.15. Canada IoT in Elevators Market Forecast, By Application 11.15.1. Preventive Maintenance 11.15.2. Remote Monitoring 11.15.3. Advanced Reporting 11.15.4. Connectivity Management 11.16. Canada IoT in Elevators Market Forecast, By Component 11.16.1. Software 11.16.2. Hardware 11.16.3. Services 11.17. Canada IoT in Elevators Market Forecast, by End User 11.17.1. Residential 11.17.2. Commercial 11.17.3. Industrial 11.18. North America IoT in Elevators Market Attractiveness Analysis 11.18.1. By Application 11.18.2. By Component 11.18.3. By End User 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Development 12. Europe IoT in Elevators Market Analysis 12.1. Key Findings 12.2. Europe IoT in Elevators Market Overview 12.3. Europe IoT in Elevators Market Value Share Analysis, By Application 12.4. Europe IoT in Elevators Market Forecast, By Application 12.4.1. Preventive Maintenance 12.4.2. Remote Monitoring 12.4.3. Advanced Reporting 12.4.4. Connectivity Management 12.5. Europe IoT in Elevators Market Value Share Analysis, By Component 12.6. Europe IoT in Elevators Market Forecast, By Component 12.6.1. Software 12.6.2. Hardware 12.6.3. Services 12.7. Europe IoT in Elevators Market Value Share Analysis, by End User 12.8. Europe IoT in Elevators Market Forecast, by End User 12.8.1. Residential 12.8.2. Commercial 12.8.3. Industrial 12.9. Europe IoT in Elevators Market Value Share Analysis, by Country 12.10. Europe IoT in Elevators Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Rest of Europe 12.11. Europe IoT in Elevators Market Analysis, by Country 12.12. Germany IoT in Elevators Market Forecast, By Application 12.12.1. Preventive Maintenance 12.12.2. Remote Monitoring 12.12.3. Advanced Reporting 12.12.4. Connectivity Management 12.13. Germany IoT in Elevators Market Forecast, By Component 12.13.1. Software 12.13.2. Hardware 12.13.3. Services 12.14. Germany IoT in Elevators Market Forecast, by End User 12.14.1. Residential 12.14.2. Commercial 12.14.3. Industrial 12.15. U.K. IoT in Elevators Market Forecast, By Application 12.15.1. Preventive Maintenance 12.15.2. Remote Monitoring 12.15.3. Advanced Reporting 12.15.4. Connectivity Management 12.16. U.K. IoT in Elevators Market Forecast, By Component 12.16.1. Software 12.16.2. Hardware 12.16.3. Services 12.17. U.K. IoT in Elevators Market Forecast, by End User 12.17.1. Residential 12.17.2. Commercial 12.17.3. Industrial 12.18. France IoT in Elevators Market Forecast, By Application 12.18.1. Preventive Maintenance 12.18.2. Remote Monitoring 12.18.3. Advanced Reporting 12.18.4. Connectivity Management 12.19. France IoT in Elevators Market Forecast, By Component 12.19.1. Software 12.19.2. Hardware 12.19.3. Services 12.20. France IoT in Elevators Market Forecast, by End User 12.20.1. Residential 12.20.2. Commercial 12.20.3. Industrial 12.21. Italy IoT in Elevators Market Forecast, By Application 12.21.1. Preventive Maintenance 12.21.2. Remote Monitoring 12.21.3. Advanced Reporting 12.21.4. Connectivity Management 12.22. Italy IoT in Elevators Market Forecast, By Component 12.22.1. Software 12.22.2. Hardware 12.22.3. Services 12.23. Italy IoT in Elevators Market Forecast, by End User 12.23.1. Residential 12.23.2. Commercial 12.23.3. Industrial 12.24. Spain IoT in Elevators Market Forecast, By Application 12.24.1. Preventive Maintenance 12.24.2. Remote Monitoring 12.24.3. Advanced Reporting 12.24.4. Connectivity Management 12.25. Spain IoT in Elevators Market Forecast, By Component 12.25.1. Software 12.25.2. Hardware 12.25.3. Services 12.26. Spain IoT in Elevators Market Forecast, by End User 12.26.1. Residential 12.26.2. Commercial 12.26.3. Industrial 12.27. Rest of Europe IoT in Elevators Market Forecast, By Application 12.27.1. Preventive Maintenance 12.27.2. Remote Monitoring 12.27.3. Advanced Reporting 12.27.4. Connectivity Management 12.28. Rest of Europe IoT in Elevators Market Forecast, By Component 12.28.1. Software 12.28.2. Hardware 12.28.3. Services 12.29. Rest of Europe IoT in Elevators Market Forecast, by End User 12.29.1. Residential 12.29.2. Commercial 12.29.3. Industrial 12.30. Europe IoT in Elevators Market Attractiveness Analysis 12.30.1. By Application 12.30.2. By Component 12.30.3. By End User 12.31. PEST Analysis 12.32. Key Trends 12.33. Key Development 13. Asia Pacific IoT in Elevators Market Analysis 13.1. Key Findings 13.2. Asia Pacific IoT in Elevators Market Overview 13.3. Asia Pacific IoT in Elevators Market Value Share Analysis, By Application 13.4. Asia Pacific IoT in Elevators Market Forecast, By Application 13.4.1. Preventive Maintenance 13.4.2. Remote Monitoring 13.4.3. Advanced Reporting 13.4.4. Connectivity Management 13.5. Asia Pacific IoT in Elevators Market Value Share Analysis, By Component 13.6. Asia Pacific IoT in Elevators Market Forecast, By Component 13.6.1. Software 13.6.2. Hardware 13.6.3. Services 13.7. Asia Pacific IoT in Elevators Market Value Share Analysis, by End User 13.8. Asia Pacific IoT in Elevators Market Forecast, by End User 13.8.1. Residential 13.8.2. Commercial 13.8.3. Industrial 13.9. Asia Pacific IoT in Elevators Market Value Share Analysis, by Country 13.10. Asia Pacific IoT in Elevators Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. ASEAN 13.10.5. Rest of Asia Pacific 13.11. Asia Pacific IoT in Elevators Market Analysis, by Country 13.12. China IoT in Elevators Market Forecast, By Application 13.12.1. Preventive Maintenance 13.12.2. Remote Monitoring 13.12.3. Advanced Reporting 13.12.4. Connectivity Management 13.13. China IoT in Elevators Market Forecast, By Component 13.13.1. Software 13.13.2. Hardware 13.13.3. Services 13.14. China IoT in Elevators Market Forecast, by End User 13.14.1. Residential 13.14.2. Commercial 13.14.3. Industrial 13.15. India IoT in Elevators Market Forecast, By Application 13.15.1. Preventive Maintenance 13.15.2. Remote Monitoring 13.15.3. Advanced Reporting 13.15.4. Connectivity Management 13.16. India IoT in Elevators Market Forecast, By Component 13.16.1. Software 13.16.2. Hardware 13.16.3. Services 13.17. India IoT in Elevators Market Forecast, by End User 13.17.1. Residential 13.17.2. Commercial 13.17.3. Industrial 13.18. Japan IoT in Elevators Market Forecast, By Application 13.18.1. Preventive Maintenance 13.18.2. Remote Monitoring 13.18.3. Advanced Reporting 13.18.4. Connectivity Management 13.19. Japan IoT in Elevators Market Forecast, By Component 13.19.1. Software 13.19.2. Hardware 13.19.3. Services 13.20. Japan IoT in Elevators Market Forecast, by End User 13.20.1. Residential 13.20.2. Commercial 13.20.3. Industrial 13.21. ASEAN IoT in Elevators Market Forecast, By Application 13.21.1. Preventive Maintenance 13.21.2. Remote Monitoring 13.21.3. Advanced Reporting 13.21.4. Connectivity Management 13.22. ASEAN IoT in Elevators Market Forecast, By Component 13.22.1. Software 13.22.2. Hardware 13.22.3. Services 13.23. ASEAN IoT in Elevators Market Forecast, by End User 13.23.1. Residential 13.23.2. Commercial 13.23.3. Industrial 13.24. Rest of Asia Pacific IoT in Elevators Market Forecast, By Application 13.24.1. Preventive Maintenance 13.24.2. Remote Monitoring 13.24.3. Advanced Reporting 13.24.4. Connectivity Management 13.25. Rest of Asia Pacific IoT in Elevators Market Forecast, By Component 13.25.1. Software 13.25.2. Hardware 13.25.3. Services 13.26. Rest of Asia Pacific IoT in Elevators Market Forecast, by End User 13.26.1. Residential 13.26.2. Commercial 13.26.3. Industrial 13.27. Asia Pacific IoT in Elevators Market Attractiveness Analysis 13.27.1. By Application 13.27.2. By Component 13.27.3. By End User 13.28. PEST Analysis 13.29. Key Trends 13.30. Key Development 14. Middle East & Africa IoT in Elevators Market Analysis 14.1. Key Findings 14.2. Middle East & Africa IoT in Elevators Market Overview 14.3. Middle East & Africa IoT in Elevators Market Value Share Analysis, By Application 14.4. Middle East & Africa IoT in Elevators Market Forecast, By Application 14.4.1. Preventive Maintenance 14.4.2. Remote Monitoring 14.4.3. Advanced Reporting 14.4.4. Connectivity Management 14.5. Middle East & Africa IoT in Elevators Market Value Share Analysis, By Component 14.6. Middle East & Africa IoT in Elevators Market Forecast, By Component 14.6.1. Software 14.6.2. Hardware 14.6.3. Services 14.7. Middle East & Africa IoT in Elevators Market Value Share Analysis, by End User 14.8. Middle East & Africa IoT in Elevators Market Forecast, by End User 14.8.1. Residential 14.8.2. Commercial 14.8.3. Industrial 14.9. Middle East & Africa IoT in Elevators Market Value Share Analysis, by Country 14.10. Middle East & Africa IoT in Elevators Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Rest of Middle East & Africa 14.11. Middle East & Africa IoT in Elevators Market Analysis, by Country 14.12. GCC IoT in Elevators Market Forecast, By Application 14.12.1. Preventive Maintenance 14.12.2. Remote Monitoring 14.12.3. Advanced Reporting 14.12.4. Connectivity Management 14.13. GCC IoT in Elevators Market Forecast, By Component 14.13.1. Software 14.13.2. Hardware 14.13.3. Services 14.14. GCC IoT in Elevators Market Forecast, by End User 14.14.1. Residential 14.14.2. Commercial 14.14.3. Industrial 14.15. South Africa IoT in Elevators Market Forecast, By Application 14.15.1. Preventive Maintenance 14.15.2. Remote Monitoring 14.15.3. Advanced Reporting 14.15.4. Connectivity Management 14.16. South Africa IoT in Elevators Market Forecast, By Component 14.16.1. Software 14.16.2. Hardware 14.16.3. Services 14.17. South Africa IoT in Elevators Market Forecast, by End User 14.17.1. Residential 14.17.2. Commercial 14.17.3. Industrial 14.18. Rest of Middle East & Africa IoT in Elevators Market Forecast, By Application 14.18.1. Preventive Maintenance 14.18.2. Remote Monitoring 14.18.3. Advanced Reporting 14.18.4. Connectivity Management 14.19. Rest of Middle East & Africa IoT in Elevators Market Forecast, By Component 14.19.1. Software 14.19.2. Hardware 14.19.3. Services 14.20. Rest of Middle East & Africa IoT in Elevators Market Forecast, by End User 14.20.1. Residential 14.20.2. Commercial 14.20.3. Industrial 14.21. Middle East & Africa IoT in Elevators Market Attractiveness Analysis 14.21.1. By Application 14.21.2. By Component 14.21.3. By End User 14.22. PEST Analysis 14.23. Key Trends 14.24. Key Development 15. South America IoT in Elevators Market Analysis 15.1. Key Findings 15.2. South America IoT in Elevators Market Overview 15.3. South America IoT in Elevators Market Value Share Analysis, By Application 15.4. South America IoT in Elevators Market Forecast, By Application 15.4.1. Preventive Maintenance 15.4.2. Remote Monitoring 15.4.3. Advanced Reporting 15.4.4. Connectivity Management 15.5. South America IoT in Elevators Market Value Share Analysis, By Component 15.6. South America IoT in Elevators Market Forecast, By Component 15.6.1. Software 15.6.2. Hardware 15.6.3. Services 15.7. South America IoT in Elevators Market Value Share Analysis, by End User 15.8. South America IoT in Elevators Market Forecast, by End User 15.8.1. Residential 15.8.2. Commercial 15.8.3. Industrial 15.9. South America IoT in Elevators Market Value Share Analysis, by Country 15.10. South America IoT in Elevators Market Forecast, by Country 15.10.1. Brazil 15.10.2. Mexico 15.10.3. Rest of South America 15.11. South America IoT in Elevators Market Analysis, by Country 15.12. Brazil IoT in Elevators Market Forecast, By Application 15.12.1. Preventive Maintenance 15.12.2. Remote Monitoring 15.12.3. Advanced Reporting 15.12.4. Connectivity Management 15.13. Brazil IoT in Elevators Market Forecast, By Component 15.13.1. Software 15.13.2. Hardware 15.13.3. Services 15.14. Brazil IoT in Elevators Market Forecast, by End User 15.14.1. Residential 15.14.2. Commercial 15.14.3. Industrial 15.15. Mexico IoT in Elevators Market Forecast, By Application 15.15.1. Preventive Maintenance 15.15.2. Remote Monitoring 15.15.3. Advanced Reporting 15.15.4. Connectivity Management 15.16. Mexico IoT in Elevators Market Forecast, By Component 15.16.1. Software 15.16.2. Hardware 15.16.3. Services 15.17. Mexico IoT in Elevators Market Forecast, by End User 15.17.1. Residential 15.17.2. Commercial 15.17.3. Industrial 15.18. Rest of South America IoT in Elevators Market Forecast, By Application 15.18.1. Preventive Maintenance 15.18.2. Remote Monitoring 15.18.3. Advanced Reporting 15.18.4. Connectivity Management 15.19. Rest of South America IoT in Elevators Market Forecast, By Component 15.19.1. Software 15.19.2. Hardware 15.19.3. Services 15.20. Rest of South America IoT in Elevators Market Forecast, by End User 15.20.1. Residential 15.20.2. Commercial 15.20.3. Industrial 15.21. South America IoT in Elevators Market Attractiveness Analysis 15.21.1. By Application 15.21.2. By Component 15.21.3. By End User 15.22. PEST Analysis 15.23. Key Trends 15.24. Key Development 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. ThyssenKrupp AG 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Company Footprint 16.3.2. KONE Corporation, 16.3.3. Otis Elevator Company, 16.3.4. Schindler Group, 16.3.5. Mitsubishi Electric Corporation, and 16.3.6. Toshiba Elevators. 16.3.7. Hitachi Ltd. (Japan). 16.3.8. Hyundai Elevator Co., Ltd. 16.3.9. Fujitec Co., Ltd. 16.3.10. Electra Ltd. 16.3.11. Telefonica S.A. 16.3.12. Omega. 16.3.13.Robustel. 16.3.14.Liftinzicht 16.3.15.Huawei Technologies Co. Ltd. 16.3.16.IBM Corporation 16.3.17. DOPPLER Manufacturing 16.3.18.Bosch GmbH 17. Primary Key Insights