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SMART ELEVATOR AUTOMATION SYSTEM MARKET ANALYSIS

Smart Elevator Automation System Market, By Service (Installation Service, Repair & Maintenance Service, Modernization Service), By Component (Card Reader, Biometric, Touch Screen and Keypad, Security and Control System, Sensors, Motors and Automation System, Building Management System), By End User (Residential Sector, Commercial Sector), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

  • Published In : May 2023
  • Code : CMI4832
  • Pages :170
  • Formats :
      Excel and PDF
  • Industry : Smart Technologies

Regional Analysis

Global Smart Elevator Automation System Market: Regional Insights

In terms of volume, North America (the Region) held the top spot by accounting for 44% share in the global market for smart elevator automation systems in 2020, followed by Europe and the rest of the world. During the forecast period, North America's rapid infrastructure development and growing number of smart city projects are driving the region's growth.

Figure 1. Global Smart Elevator Automation System Market Value (US$ Bn), by Region, 2022

  • North America: U.S. and Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa

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