Christy Publications Smart Elevators Market | Page 3

Nation’s Economic and Social Council, Asia Pacific was home to 60% of world’s urban population in 2017. Furthermore, according to World Population data sheet by Population Reference Bureau, in 2017, the total population of Asia Pacific region was around 4,494 Million out of which 49% accounted for urban population. Also, funding for development of urban infrastructure sector has increased in Asia Pacific. For instance, according to September 2017, report by India Brand Equity Foundation (IBEF), in India, Foreign Direct Investment inflows for construction development sector and infrastructure activities sector accounted for US$ 24.54 billion and US$ 9.82 billion, respectively from April 2000 to June 2017. Smart elevators offers several advantages in urban infrastructures, growth of urbanization and infrastructure development in this region are expected to increase demand for smart elevators throughout the forecast period. Smart Elevators Market: Competitive Landscape Key players operating in the smart elevators market include Hitachi, KONE CORPORATION, Mitsubishi Electric, Otis Elevator Company (UNITED TECHNOLOGIES), Schindler, Thyssenkrupp, Hyundai Elevator Company Ltd., Toshiba Elevators and Building Systems Corporation, Fujitec Co. Ltd., and Motion Control Engineering, Inc. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]