The South & Central America IoT in elevators market is expected to grow from US$ 1,514.88 million in 2022 to US$ 2,022.13 million by 2028; it is estimated to grow at a CAGR of .9% from 2022 to 2028.

Large buildings require predictive analytics, continuous building optimization, demand response, automated building control, and enterprise integration. However, small buildings require historical billing analysis, incentive availability, and educational, behavioral, and retrofit suggestions. Thus, IoT integrations with buildings make the building intelligent as IoT can automate and control these building operations. In addition, automate and control the building operations like security, fire and safety, air conditioning, and ventilation. Therefore, IoT-based elevators are becoming popular in intelligent buildings. Moreover, rising trends toward energy-efficient products & services are further supporting the growth of IoT in the elevator market.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America IoT in elevators market growth at a notable CAGR during the forecast period.

South & Central America IoT in Elevators Market Revenue and Forecast to 2028 (US$ Million)

South & Central America IoT in Elevators Market Segmentation

The South & Central America IoT in elevators market is segmented into component, application, end user, and country. Based on component, the market is segmented into hardware, software, and services. Based on application, the South & Central America IoT in elevators market is segmented into preventive maintenance, remote monitoring, fault diagnosis and prediction, advanced reporting, and connectivity management. Based on end user, the South & Central America IoT in elevators market is categorized into residential, commercial, and industrial. Based on country, the South & Central America IoT in elevators market is segmented into Brazil, Argentina, and the Rest of South & Central America.

South & Central America IoT in Elevators Market Companies Mentioned

Hitachi, Ltd.; Mitsubishi Electric Corporation; Otis Worldwide Corporation; HYUNDAIELEVATOR CO., LTD.; Robert Bosch GmbH; and Schneider Electric SE are a few major companies operating in the South & Central America IoT in elevators market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America IoT in Elevators Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 SAM
4.2.2 Ecosystem Analysis
4.3 Expert Opinions
5. South and Central America IoT in Elevators Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise In Urbanization and Governments Initiatives Towards Green Sustainability
5.1.2 Rise in Technological Developments in Construction Industry
5.2 Market Restraints
5.2.1 High Initial Investments Needed in Elevator Modernization and IoT Integrations
5.3 Market Opportunities
5.3.1 Companies Initiatives in developing IoT in Elevators and Government Support for Smart City Development
5.4 Future Trends
5.4.1 Rising Trend Towards Energy Efficient Products & Services in Intelligent Buildings
5.5 Impact Analysis of Drivers and Restraints
6. South and Central America IoT in Elevators Market –Market Analysis
6.1 South and Central America IoT in Elevators Market Revenue Forecast and Analysis
7. South and Central America IoT in Elevators Market – By Component
7.1 Overview
7.1.1 SAM South and Central America IoT in Elevators Market Breakdown, By Component
7.1.1.1 SAM South and Central America IoT in Elevators Market Breakdown, By Hardware
7.1.1.2 SAM South and Central America IoT in Elevators Market Breakdown, By Software
7.1.1.3 SAM South and Central America IoT in Elevators Market Breakdown, By Services
7.2 Hardware
7.2.1 Overview
7.2.2 Hardware: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.2.2.1 Processor Overview
7.2.2.1.1 Processor: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.2.2.2 Connectivity IC Overview
7.2.2.2.1 Connectivity IC: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.2.2.3 Sensor Overview
7.2.2.3.1 Sensor: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.2.2.4 Memory Device
7.2.2.4.1 Memory Device: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.2.2.5 Others Overview
7.2.2.5.1 Others: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.3 Software
7.3.1 Overview
7.3.2 Software: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 On-Premise
7.3.3.1 On-Premise: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.3.4 Cloud
7.3.4.1 Cloud: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 Designing and Engineering
7.4.3.1 Designing and Engineering: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.4.4 Installation
7.4.4.1 Installation: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.4.5 Maintenance and Repair
7.4.5.1 Maintenance and Repair: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
7.4.6 Others
7.4.6.1 Others: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
8. South and Central America IoT in Elevators Market Analysis – by Application
8.1 Overview
8.2 Preventive Maintenance
8.2.1 Overview
8.2.2 Preventive Maintenance: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
8.3 Remote Monitoring
8.3.1 Overview
8.3.2 Remote Monitoring: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Fault Diagnosis and Prediction
8.4.1 Overview
8.4.2 Fault Diagnosis and Prediction: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Advanced Reporting
8.5.1 Overview
8.5.2 Advanced Reporting: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Connectivity Management
8.6.1 Overview
8.6.2 Connectivity Management: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
9. South and Central America IoT in Elevators Market Analysis – by End User
9.1 Overview
9.1.1 SAM South and Central America IoT in Elevators Market Breakdown, By End-User
9.2 Residential
9.2.1 Overview
9.2.2 Residential: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
9.3 Commercial
9.3.1 Overview
9.3.2 Commercial: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
10. South and Central America IoT in Elevators Market – Country Analysis
10.1 SAM: South and Central America IoT in Elevators Market
10.1.1 Overview
10.1.2 SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3 SAM South and Central America IoT in Elevators Market Breakdown, by Country
10.1.3.1 Brazil South and Central America IoT in Elevators Market – Revenue and Forecast to 2028
10.1.3.1.1 Brazil South and Central America IoT in Elevators Market Breakdown, By Component
10.1.3.1.2 Brazil South and Central America IoT in Elevators Market Breakdown, By Application
10.1.3.1.3 Brazil South and Central America IoT in Elevators Market Breakdown, By End-User
10.1.3.2 Argentina South and Central America IoT in Elevators Market – Revenue and Forecast to 2028
10.1.3.2.1 Argentina South and Central America IoT in Elevators Market Breakdown, By Component
10.1.3.2.2 Argentina South and Central America IoT in Elevators Market Breakdown, By Application
10.1.3.2.3 Argentina South and Central America IoT in Elevators Market Breakdown, By End-User
10.1.3.3 Rest of SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028
10.1.3.3.1 Rest of SAM South and Central America IoT in Elevators Market Breakdown, By Component
10.1.3.3.2 Rest of SAM South and Central America IoT in Elevators Market Breakdown, By Application
10.1.3.3.3 Rest of SAM South and Central America IoT in Elevators Market Breakdown, By End-User
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Hitachi, Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Mitsubishi Electric Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Otis Worldwide Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 HYUNDAIELEVATOR CO., LTD.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Robert Bosch GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Schneider Electric SE
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             South and Central America IoT in Elevators Market Revenue and Forecast to 2028 (US$ Million)
Table 2.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Component (US$ Million)
Table 3.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Hardware (US$ Million)
Table 4.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Software (US$ Million)
Table 5.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Services (US$ Million)
Table 6.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Application (US$ Million)
Table 7.             SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 8.             Brazil South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Component (US$ Million)
Table 9.             Brazil South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Application (US$ Million)
Table 10.          Brazil South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 11.          Argentina South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Component (US$ Million)
Table 12.          Argentina South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Application (US$ Million)
Table 13.          Argentina South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 14.          Rest of SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Component (US$ Million)
Table 15.          Rest of SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By Application (US$ Million)
Table 16.          Rest of SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 – By End-User (US$ Million)
Table 17.          List of Abbreviation
 
 

LIST OF FIGURES

Figure 1.           South and Central America IoT in Elevators Market Segmentation
Figure 2.           South and Central America IoT in Elevators Market Overview
Figure 3.           South and Central America IoT in Elevators Market, by Component
Figure 4.           South and Central America IoT in Elevators Market, by Country
Figure 5.           SAM – PEST Analysis
Figure 6.           South and Central America IoT in Elevators Market- Ecosystem Analysis
Figure 7.           South and Central America IoT in Elevators Market: Impact Analysis of Drivers and Restraints
Figure 8.           SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 9.           SAM South and Central America IoT in Elevators Market Breakdown, By Component, 2021 & 2028 (%)
Figure 10.        Hardware: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11.        Processor: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12.        Connectivity IC: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        Sensor: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14.        Memory Device: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Others: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        Software: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17.        On-Premise: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.        Cloud: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Services: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        Designing and Engineering: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Installation: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22.        Maintenance and Repair: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Others: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        Preventive Maintenance: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        Remote Monitoring: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Fault Diagnosis and Prediction: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Advanced Reporting: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        Connectivity Management: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29.        SAM South and Central America IoT in Elevators Market Breakdown, By End-User, 2021 & 2028 (%)
Figure 30.        Residential: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Commercial: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32.        Industrial: South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33.        Overview SAM -South and Central America IoT in Elevators Market (US$ Million)
Figure 34.        SAM South and Central America IoT in Elevators Market Breakdown, by Country, 2021 & 2028 (%)
Figure 35.        Brazil South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36.        Argentina South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37.        Rest of SAM South and Central America IoT in Elevators Market – Revenue and Forecast to 2028 (US$ Million)

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The List of Companies – South and Central America IoT in Elevators Market

● Hitachi, Ltd.                                                       
● Mitsubishi Electric Corporation                 
● Otis Worldwide Corporation                      
● HYUNDAIELEVATOR CO., LTD.                   
● Robert Bosch GmbH