South Africa Contactless Elevator Market Size & Outlook, 2025-2033


South Africa Contactless Elevator Market Insights

  • As highlighted in Reed Intelligence analysis, the South Africa Contactless Elevator Market, worth USD 16.59 Billion in 2024, is forecasted to achieve USD 47.34 Billion by 2033.
  • The South Africa market is anticipated to grow at a CAGR of 12.41% during the period 2025–2033.
  • By 2024, Infrared Sensor Technology represented the largest share of the By Technology market size.
  • Ultrasonic Sensor Technology is expected to remain the key growth driver within By Technology, registering the fastest CAGR during the forecast period.

Other Key Findings


  • As of 2024, South Africa held 0.71% of the global Contactless Elevator Market size.
  • By 2033, United States is anticipated to capture the largest share of the global Contactless Elevator Market.
  • In Middle East and Africa, United Arab Emirates is expected to lead the regional Contactless Elevator Market size by 2033.
  • Turkey will remain the fastest-growing market in Middle East and Africa, reaching USD 42.77 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 16.59 Billion
Market Size In 2033 USD 47.34 Billion
Largest segment Infrared Sensor Technology
Units Revenue in USD Billion
CAGR 12.41% (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

Related Reports


clients
Trusted by Fortune 500
Over 30000+ subscribers