Future Market Insights (FMI) delivers key insights on the Global Smart Elevator Automation System Market in its latest report titled “Smart Elevator Automation System Market: Global Industry Analysis and Opportunity Assessment 2015 - 2025”. The global smart elevator automation system market is projected to expand at a healthy double-digit CAGR of 16.2% during the forecast period due to various ... Read more

A “smart elevator automation system” refers to the use of advanced technology to enhance energy efficiency and proper traffic management of vertical moment of elevators in high-rise buildings. Smart elevator automation system has become a buzz word with increasing deployment of high-speed, energy efficient and advanced destination dispatch solutions, for providing users with enhanced vertical transportation services. Smart elevator system is termed as ‘smart’ because, apart from ordinary use ... Read more

Smart elevator automation system is a new generation of elevators that have been equipped with innovative technologies offering facilities along with security. Ongoing infrastructure development along with an increasing demand for eco-friendly elevators and secure elevators are major factors driving revenue growth of the global smart elevator automation system market. Also, an increasing ... Read more