Australia Contactless Elevator Market Size & Outlook, 2025-2033


Australia Contactless Elevator Market Insights

  • According to Reed Intelligence analysis, the Australia Contactless Elevator Market size was USD 37.25 Billion in 2024 and is projected to reach USD 113.24 Billion by 2033.
  • The Australia market is projected to grow at a CAGR of 13.11% between 2025 and 2033.
  • By segment, Infrared Sensor Technology emerged as the largest By Technology in terms of market size in 2024.
  • RFID Technology is anticipated to remain the most attractive By Technology segment, recording the fastest growth during the forecast period.

Other Key Findings


  • In 2024, Australia accounted for 1.59% of the global Contactless Elevator Market size.
  • By 2033, United States is expected to lead the global Contactless Elevator Market in terms of market size.
  • Within Asia Pacific, China is projected to dominate the regional Contactless Elevator Market size by 2033.
  • South Korea is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 117.47 Billion by 2033.

Report Summary

Report Scope Details
Base Year for Study 2024
Study Period 2021-2033
Historical Period 2021-2023
Forecast Period 2025-2033
Market Size In 2024 USD 37.25 Billion
Market Size In 2033 USD 113.24 Billion
Largest segment Infrared Sensor Technology
Units Revenue in USD Billion
CAGR 13.11% (2025-2033)
Segmnetation Covered
By Technology
  1. Infrared Sensor Technology
  2. Ultrasonic Sensor Technology
  3. Laser Sensor Technology
  4. RFID Technology
End Use
  1. Residential
  2. Commercial
  3. Industrial
  4. Healthcare
  5. Transportation
Component
  1. Sensors
  2. Microcontrollers
  3. Control Systems
  4. Display Units
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

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