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Global smart and connected elevators and elevators control systems market analysis to 2022 examined in new market research report

Construction Market Research

According to the report, the global smart and connected elevators and elevators control system market was valued at approximately USD XXX Billion in 2017 and is expected to reach approximately USD XXX Billion by 2022, growing at a promising CAGR of around XX% between 2017 and 2022.

KMI Market Research has published a new report titled “Smart and Connected Elevators and Elevators Control System Market for Residential, commercial, institutional: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2022”. 

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This report studies Smart and Connected Elevators and Elevators Control Systems in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.

This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering

ThyssenKrupp AG

OTIS Elevator Company

Kone Corporation

Schindler Group


Hyundai Elevator Co.

On the basis of application, the smart and connected elevators market is divided for residential, commercial and institutional. The residential and commercial applications leading this segment owing to increased industrialization and real estate construction sites.

Rapid urbanization and growth in elderly population globally combined with the maintenance and modernization of the existing elevators are strongly driving the growth of the global elevators market. The continuous evolution of Internet of Things has triggered the growth and opportunity in elevators business.

Internet of things defines the interconnection of many devices and equipment that help deliver data on the internet. IOT offers service that allows to collecting, exchange and analyzing data with its operator, manufacturer and other devices.

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