Smart elevators operate by the user pushing a button setting their destination, and then an indicator directing them to the elevator that will take them their in the shortest amount of time. This is faster and more efficient, reducing costs and potentially, the number, size or speed of elevators required. They can be programmed to adopt different operating modes at different times of the day, and can recognise user by keycards that may include destination and permissions information.
Smart elevators and also smart escalators my also include monitoring technology to help shedule maintenance and repairs.
Smart elevators and escalators are installed in mixed-used buildings, hotels, commercial buildings, IT parks, residential buildings, restaurants and retail outlets among others.
China is the largest market for smart elevators and escalators globally. The ageing population in countries such as Japan and China among others is a key factor driving the smart elevators and escalators market. Other factors include an increase in population, changing demographics, urbanisation and growth in the construction sector, particularly in rising economies such as India, Japan and China
In addition, installation of smart elevators and escalators is becoming more common in low-rise, mid-rise and high-rise buildings.There is significant demand in five star hotels, high-rise apartments, luxury apartments, luxury condominiums and office buildings in India, China and Mexico.
The major factor restraining the global smart elevators and escalators market is low replacement rate due to high costs. Key factors affecting the prices of smart elevators and escalators include a cost intensive product certification process and the high and volatile prices of raw materials.
The smart escalators and elevators market is dominated by the elevators segment. The elevators market can be sub divided into elevator capacity types 450 - 1,150 kg, 1,150kg-1,500kg, 1,500kg-2,000kg and others. The escalators market is sub divided into moving walkway escalators and moving stairs.
By application the market is segmented into eight types: commercial, hotels, retail, residential, transportation, hospital, parking building and others. The market is dominated by the transportation segment, followed by residential applications. Transportation segment dominates the smart escalators and elevators market globally.
Key players profiled in this report include Cisco Systems, Inc (U.S.), Toshiba Corporation (Japan), Otis Elevator Company (U.S.), Mitsubishi Electric Corporation (Japan), Schindler Holding Ltd.( Switzerland), Hitachi Ltd.( Japan), Fujitec Co., Ltd. (Japan), ThyssenKrupp AG (Germany), Kone Corporation (Finland), Kleemann Hellas SA (Greece) among others.
 Related articles on Designing Buildings Wiki
Featured articles and news
Christiania is an anarchist 'freetown' in Copenhagen where strange and experimental architecture has flourished.
“UK waste data needs improving” say BRE specialists, in this summary of their report into construction waste.
UandI announce new joint venture with US developer to work on office refurbishment projects.
BSRIA give critical response to Theresa May's speech on leaving the EU.
Why buildings crack, how cracks are categorised and what can be done.
Inaugurated last week, the new Elbphilharmonie concert venue; a soaring new addition to Hamburg's skyline.
Summary of a new ICE Transport journal which says improving transport infrastructure is essential to eradicating global poverty.
BRE look at a new government report into the accuracy of heat meters.
Herzog & de Meuron get planning permission for revamp of Chelsea FC football stadium.
UK-GBC green paper proposes more powers for cities on new-build housing.
The Pompidou Centre – not a monument but an event.
Designing Buildings Wiki talks to the founder of the world's first indoor biophilic gym, now open in London.