Brazil Contactless Elevator Market Size & Outlook, 2025-2033


Brazil Contactless Elevator Market Insights

  • Based on Reed Intelligence findings, the Brazil Contactless Elevator Market reached USD 71.34 Billion in 2024 and is estimated to attain USD 205.44 Billion by 2033.
  • From 2025 to 2033, the Brazil market is expected to grow at a steady CAGR of 12.51%.
  • Within the By Technology category, Infrared Sensor Technology dominated in 2024 in terms of market size contribution.
  • Over the forecast period, Laser Sensor Technology is forecasted to deliver the fastest growth, positioning it as the most lucrative By Technology segment.

Other Key Findings


  • Brazil accounted for 3.05% of the global Contactless Elevator Market size in 2024.
  • By 2033, United States is expected to remain the top global market in terms of size.
  • Within LATAM, Brazil is forecasted to dominate the regional Contactless Elevator Market size by 2033.
  • Chile will be the fastest-growing market in LATAM, projected to achieve USD 38.24 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 71.34 Billion
Market Size In 2033 USD 205.44 Billion
Largest segment Infrared Sensor Technology
Units Revenue in USD Billion
CAGR 12.51% (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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