Smart Elevators Market by End-User, Trends, Analysis and Forecasts to 2019
ReportsWeb.com published “Smart Elevators Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, May 04, 2017 ) Smart elevators are faster and more energy efficient when compared to conventional elevators. The augmented demand for energy-efficient products coupled with the rapid increase in construction activity are expected to aid this market in surpassing USD 22 billion by 2019.
In this market research report, Publisher analysts estimate eminent factors, such as the development of smart cities, to drive market growth during the forecast period. Smart cities provide a sustainable and efficient environment within a building and have attained great popularity in developed as well as developing countries. Since buildings in these cities employ various technologies to improve energy efficiency, the implementation of smart elevators in such buildings will aid in fostering market growth during the forecast period.
For more information http://www.reportsweb.com/global-smart-elevators-market-2015-2019
End-user segmentation of the smart elevators market
Commercial sector
Residential sector
Construction sector
The residential sector is expected to show the highest market growth rate during the forecast period. Increasing urbanization and high demand for energy efficient and intelligent elevators are some of the significant factors that are expected to account for this segment's high growth rate during the forecast period.
Geographical segmentation of the smart elevators market
APEJ
North America
Europe
Others
Publisher's market research analyst has estimated the APEJ region to show the highest growth rate during the forecast period. High market growth rate of the APEJ region can be attributed to the presence of rapidly growing markets such as China, India, Indonesia, Malaysia, and Vietnam, which show significant growth potential during the forecast period.
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Competitive landscape and key vendors
This market is primarily dominated by leading vendors like Hitachi and Otis. These vendors compete with each other on the basis of providing smart elevator installation, maintenance, and modernization services. Additionally, the ability of these vendors to aid large-scale public infrastructure, residential, and commercial construction projects will help in increasing their market share during the forecast period.
Key vendors in this market are -
Hitachi
Mitsubishi
Otis
Schindler
ThyssenKrupp
Other prominent vendors in this market are Bosch, Fujitec, Hyundai, Honeywell, and KONE.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001202314/buying
In this market research report, Publisher analysts estimate eminent factors, such as the development of smart cities, to drive market growth during the forecast period. Smart cities provide a sustainable and efficient environment within a building and have attained great popularity in developed as well as developing countries. Since buildings in these cities employ various technologies to improve energy efficiency, the implementation of smart elevators in such buildings will aid in fostering market growth during the forecast period.
For more information http://www.reportsweb.com/global-smart-elevators-market-2015-2019
End-user segmentation of the smart elevators market
Commercial sector
Residential sector
Construction sector
The residential sector is expected to show the highest market growth rate during the forecast period. Increasing urbanization and high demand for energy efficient and intelligent elevators are some of the significant factors that are expected to account for this segment's high growth rate during the forecast period.
Geographical segmentation of the smart elevators market
APEJ
North America
Europe
Others
Publisher's market research analyst has estimated the APEJ region to show the highest growth rate during the forecast period. High market growth rate of the APEJ region can be attributed to the presence of rapidly growing markets such as China, India, Indonesia, Malaysia, and Vietnam, which show significant growth potential during the forecast period.
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001202314/sample
Competitive landscape and key vendors
This market is primarily dominated by leading vendors like Hitachi and Otis. These vendors compete with each other on the basis of providing smart elevator installation, maintenance, and modernization services. Additionally, the ability of these vendors to aid large-scale public infrastructure, residential, and commercial construction projects will help in increasing their market share during the forecast period.
Key vendors in this market are -
Hitachi
Mitsubishi
Otis
Schindler
ThyssenKrupp
Other prominent vendors in this market are Bosch, Fujitec, Hyundai, Honeywell, and KONE.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001202314/buying
Contact Information:
ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results