Contactless Elevator Market Research Report By Technology (Infrared Sensor Technology, Ultrasonic Sensor Technology, Laser Sensor Technology, RFID Technology), By End Use (Residential, Commercial, Industrial, Healthcare, Transportation), By Component (Sensors, Microcontrollers, Control Systems, Display Units), By Installation Type (New Installation, Modernization, Maintenance) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Contactless Elevator Market Overview:

As per MRFR analysis, the Contactless Elevator Market Size was estimated at 1.62 (USD Billion) in 2022. The Contactless Elevator Market Industry is expected to grow from 1.83 (USD Billion) in 2023 to 5.5 (USD Billion) by 2032. The Contactless Elevator Market CAGR (growth rate) is expected to be around 13.02% during the forecast period (2024 - 2032).

Key Contactless Elevator Market Trends Highlighted

Recent world health challenges have led to a rise in contactless elevators more than any other time, as people become more conscious and hygienic. More contactless technology is being adopted as people are ever cautious about making any physical contact with surfaces in public areas, such as buttons. Furthermore, the introduction of smart technologies into buildings and IoT driven solutions are forcing the builders to design contactless systems which modern consumers expect to be convenient. There seems to be a general shift of seeking for convenience and associating new innovation. Elevators that do not require contact are therefore becoming increasingly popular in urban areas.

The opportunities existing in the contactless elevator market are mostly based on the growth of smart cities and futuristic infrastructure development. The use of contactless technology not only meets existing needs but offers self-serving technology that developers and architects require to deliver better experiences. There is also a major opportunity in the growing market for retrofitting existing buildings with contactless systems. Smart technologies can strengthen the operational base, allowing companies to broaden the scope of their products and enter new markets with contactless elevators, which are now in high demand. Innovations in research and development investments will lead to further enhanced features, enabling increased acceptance in the market.

The recent tendency shows that there is a growing preference for the use of artificial intelligence and machine learning technologies together with contactless elevator systems. These technologies, therefore, enhance service delivery by anticipating users and their behavior, making optimal use of the elevator. Environmentalism is becoming an important aspect with suppliers trying to incorporate green materials and energy-efficient materials. The integration of all these trends points to an overall improvement in elevating transportation systems in relation to safety, intelligence, as well environmental friendliness. This revolution improves not only how a user interacts with the services provided but also how the building functions and increases prospects of the more extensive adoption of contactless elevator systems in the future.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Contactless Elevator Market Drivers

Increased Demand for Hygiene and Safety

One of the most significant drivers for the Contactless Elevator Market Industry is the increasing demand for hygiene and safety measures in public spaces. The COVID-19 pandemic has fundamentally changed consumer preferences, leading to a heightened awareness of cleanliness and the need to minimize touchpoints in public and communal spaces. Contactless elevators, which utilize advanced technologies such as mobile applications, voice commands, and motion sensors to operate, offer a cleaner and more hygienic alternative to traditional elevator systems.

This shift in consumer behavior is likely to persist even beyond the pandemic as individuals continue to prioritize their health and well-being in their daily interactions with built environments. Buildings that incorporate contactless elevator technology are viewed as more modern and appealing, thereby increasing the overall value of the property. As a result, more developers and property owners are investing in contactless systems to enhance user experiences and comply with evolving health regulations, which fuels growth within the Contactless Elevator Market.

The technological advancements associated with IoT and AI also allow for the implementation of comprehensive safety measures that can monitor occupancy levels and ensure that elevators are used efficiently without compromising user health. This combination of consumer sentiment and technological innovation positions the contactless elevator sector as a critical component in the ongoing transformation of urban infrastructure.

Rapid Urbanization and Infrastructure Development

The ongoing trend of rapid urbanization, particularly in developing regions, is another prominent driver for the Contactless Elevator Market Industry. As cities expand and populations increase, there is an escalating demand for modern infrastructure that can accommodate a growing number of residents and businesses. New construction projects, both residential and commercial, require efficient vertical transportation systems to move people seamlessly through buildings. Contactless elevators are particularly suited for high-rise buildings and smart cities, where space is limited and operational efficiency is paramount. As governments and private sectors invest significantly in urban infrastructure development, the adoption of technology-driven solutions like contactless elevators is becoming increasingly mainstream. This is expected to create substantial opportunities for market players in the years ahead.

Technological Advancements in Elevator Systems

Technological advancements play a crucial role in propelling the Contactless Elevator Market Industry forward. Innovations in automation, IoT, and AI have transformed traditional elevator systems, enabling the introduction of contactless functionality that improves user convenience and building management efficiency. Such innovations not only enhance user experiences but also optimize energy consumption and maintenance schedules. As technology continues to evolve, the integration of advanced features will likely attract more customers and further promote the adoption of contactless elevators.

Contactless Elevator Market Segment Insights:

Contactless Elevator Market Technology Insights

The Contactless Elevator Market segmentation reveals significant insights into four key technologies: Infrared Sensor Technology, Ultrasonic Sensor Technology, Laser Sensor Technology, and RFID Technology. Infrared Sensor Technology, valued at 0.55 USD Billion in 2023, holds a majority share, reflecting its strong presence and effectiveness in creating non-contact interactions between users and elevator systems, making it a popular choice in modern building designs. Similarly, Ultrasonic Sensor Technology is valued at 0.45 USD Billion in 2023, showcasing its significance in detecting the proximity of users while ensuring optimal safety and comfort, contributing to the market's expansion.

Laser Sensor Technology, generating a revenue of 0.43 USD Billion in 2023, also plays a crucial role in enhancing user experience by providing precise measurements for elevator controls, thereby ensuring timely operations.

Furthermore, RFID Technology, valued at 0.40 USD Billion, facilitates seamless access control, which is becoming increasingly critical in high-security environments, underscoring its growing importance in the contactless elevator landscape. The anticipated market dynamics project significant growth for all segments, illustrating a shift towards more automated and user-friendly technologies that align with the global initiative to reduce physical contact, particularly post-pandemic.

 As these technologies evolve, the Contactless Elevator Market data suggests that demand for infrared and ultrasonic technologies will likely dominate, given their widespread applications and proven reliability, indicating a strong market trend that emphasizes innovative solutions tailored to ensure safety and efficiency in vertical transportation.

Consequently, the overall market growth trajectory will be significantly influenced by ongoing technological advancements and their deployment across diverse sectors, representing abundant opportunities for stakeholders in the Contactless Elevator Market industry.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Contactless Elevator Market End-Use Insights

The Contactless Elevator Market showcases significant potential across various end-use categories, reflecting a market valued at 1.83 billion USD in 2023, with a trajectory toward growth. The end-use landscape is essential in understanding market dynamics, as sectors like Residential and Commercial drive substantial demand due to urbanization and modernization trends. Notably, the Healthcare segment has gained prominence, facilitated by the need for contactless solutions to enhance hygiene and safety in medical facilities. Industrial applications also show growing importance, as automation and advanced technologies incorporate contactless elevators, improving operational efficiency.

Lastly, the Transportation sector is evolving with innovative designs catering to both public and private transit, which further boosts market growth. The market segmentation highlights these areas, indicating how the Contactless Elevator Market data reveals diverse opportunities driven by technological advancements and changing consumer expectations. Overall, the various end-use categories present unique challenges and opportunities, aligning with the Contactless Elevator Market statistics that underscore a robust growth forecast for the coming years.

Contactless Elevator Market Component Insights

The Contactless Elevator Market, valued at 1.83 USD Billion in 2023, is significantly driven by its components, which include Sensors, Microcontrollers, Control Systems, and Display Units, hydraulic elevator Each of these components plays a crucial role in ensuring the efficient and safe operation of contactless elevators. Sensors dominate the market by enabling accurate object detection and user interaction, enhancing safety protocols, while Microcontrollers facilitate smooth communication between various elevator components, ensuring functional reliability.

Control Systems, essential for managing elevator operation and scheduling, hold a significant share due to the increasing demand for smart technology integration in buildings. Meanwhile, Display Units effectively convey information to users, improving the overall user experience. The growing emphasis on safety, efficiency, and convenience in vertical transportation systems, alongside advancements in technology, presents substantial opportunities for growth in the Contactless Elevator Market industry. Market growth is further supported by an increasing demand for modernized urban infrastructure, contributing to consistent development and enhancement of these key components across the sector.

Contactless Elevator Market Installation Type Insights

The Contactless Elevator Market, with a projected value of 1.83 billion USD in 2023, demonstrates a diversified landscape, particularly when examining the Installation Type segment. This segment encompasses key components such as New Installation, Modernization, and Maintenance, each crucial for driving market efficiency. New Installations are fundamental for expanding vertical transport capacities and addressing growing urbanization demands. Modernization remains significant as older elevator systems seek upgrades to incorporate contactless technologies, enhancing user experience and operational efficiency.

Maintenance ensures the continued performance and reliability of contactless systems, promoting longer lifetimes and minimizing downtime. As the market evolves, these aspects highlight the importance of technological advancement and efficient service delivery within the Contactless Elevator Market. The rising demand for smart building solutions and the increasing emphasis on contactless operations contribute to the thriving industry, demonstrating a robust future for installation types in the Contactless Elevator Market.

Contactless Elevator Market Regional Insights  

The Contactless Elevator Market was valued at 1.83 USD Billion in 2023, reflecting robust market growth across different regions. North America leads with a valuation of 0.65 USD Billion, which is significant as it showcases the largest share of the market. By 2032, this region is expected to grow to 1.95 USD Billion, indicating a growing adoption of contactless technology. Europe follows closely with a value of 0.50 USD Billion in 2023, projected to reach 1.50 USD Billion by 2032, highlighting its importance as a key market due to increasing demand for modernized elevator systems.

The APAC region, with a value of 0.45 USD Billion, is also poised for growth to 1.35 USD Billion, driven by rapid urbanization and technological advancements. Meanwhile, South America and MEA represent smaller markets with values of 0.15 USD Billion and 0.08 USD Billion in 2023, respectively; however, they have the potential for growth, expected to reach 0.45 USD Billion and 0.25 USD Billion by 2032. The dominance of North America in the Contactless Elevator Market signifies the region's advanced infrastructure and technology adoption, while the notable growth in Europe and APAC showcases the global shift towards innovative elevator solutions.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Contactless Elevator Market Key Players and Competitive Insights:

The Contactless Elevator Market is currently experiencing a significant transformation driven by advancements in technology, the urgency for hygiene in public spaces, and the increasing integration of smart solutions in urban infrastructure. The market is characterized by a growing demand for touchless solutions, which are particularly important in response to global health concerns and the rising expectations of consumers for convenient and safe experiences. These contactless systems employ a range of innovative technologies including biometric identification, mobile applications, and remote control functionalities that enhance operational efficiency while ensuring user safety. The competitive landscape is becoming increasingly crowded as traditional elevator manufacturers and new entrants vie for market share, investing in research and development to create cutting-edge products. Companies are focusing on customer-centric designs while also considering sustainability and energy efficiency as key factors driving their strategies.

Canny Elevator is a prominent player in the Contactless Elevator Market, known for its innovative approach to integrating advanced technologies into its elevator solutions. With a robust product portfolio that includes a wide range of contactless elevator options, Canny Elevator has established a strong market presence, particularly in Asia. 

The company’s strength lies in its commitment to offering high-quality, user-friendly solutions that prioritize safety and convenience. Canny Elevator has invested significantly in R&D to stay competitive, ensuring its products are aligned with the latest technological trends. The company's distribution network and partnerships with various stakeholders amplify its market reach, making it a formidable competitor in the contactless segment. Additionally, Canny Elevator’s focus on customer service and post-installation support enhances its reputation and fosters long-term relationships with clients, further solidifying its position in the market.

Fujitec Co Ltd holds a significant presence in the Contactless Elevator Market with a strong emphasis on innovation and technological advancement. The company has leveraged its extensive experience and expertise in elevator manufacturing to develop cutting-edge contactless solutions that cater to the evolving preferences of consumers. Fujitec's strength in the market arises from its capacity to integrate smart technologies, such as smartphone applications and voice recognition systems, into its elevator systems, thereby enhancing user experience and operational efficiency. 

Furthermore, Fujitec’s commitment to sustainability and energy-efficient products resonates well with current market trends, allowing the company to appeal to a broader eco-conscious audience. The company's established reputation and its ongoing investments in research and development enable it to maintain a competitive edge, ensuring that it remains a key player in the growing contactless elevator market landscape.

Key Companies in the Contactless Elevator Market Include:

• Canny Elevator


• Fujitec Co Ltd


• Hyundai Elevator Co Ltd


• Thyssenkrupp AG


• Toshiba Elevator and Building Systems Corporation


• Hitachi Ltd


• Schindler Group


• DiamondElevator


• STI Elevator


• Sigma Elevator Company


• Mitsubishi Electric Corporation


• Kone Corporation


• Otis Worldwide Corporation


• Zhejiang Dixin Elevator

Contactless Elevator Market Industry Developments

Recent developments in the Contactless Elevator Market have been shaped by heightened demand for safety and hygiene solutions post-pandemic. Canny Elevator has launched innovative contactless systems that utilize advanced sensor technology, enhancing user experience. Fujitec Co Ltd and Hyundai Elevator Co Ltd have also reported advancements in IoT integration to improve operational efficiency. Thyssenkrupp AG has expanded its product line to include more eco-friendly contactless models, aligning with global sustainability trends. 

Meanwhile, Mitsubishi Electric Corporation and Schindler Group are collaborating on smart building initiatives that incorporate touchless elevator systems, which are increasingly favored in commercial and residential sectors. Recent mergers and acquisitions include Kone Corporation acquiring a regional elevator service company to boost its market presence and Otis Worldwide Corporation's strategic alliance with Zhejiang Dixin Elevator aimed at enhancing technological capabilities. 

The growth in market valuation for these companies indicates a robust demand and investment in state-of-the-art contactless technologies. This trend is influencing the competitive landscape as companies strive for innovation while catering to evolving consumer preferences focusing on safe and efficient transportation systems.

Contactless Elevator Market Segmentation Insights

Contactless Elevator Market Technology Outlook

• Infrared Sensor Technology


• Ultrasonic Sensor Technology


• Laser Sensor Technology


• RFID Technology

Contactless Elevator Market End Use Outlook

• Residential


• Commercial


• Industrial


• Healthcare


• Transportation

Contactless Elevator Market Component Outlook

• Sensors


• Microcontrollers


• Control Systems


• Display Units

Contactless Elevator Market Installation Type Outlook

• New Installation


• Modernization


• Maintenance

Contactless Elevator Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa