South East Asia Contactless Elevator Market Size & Outlook, 2025-2033
South East Asia Contactless Elevator Market Insights
- Based on Reed Intelligence findings, the South East Asia Contactless Elevator Market reached USD 72.81 Billion in 2024 and is estimated to attain USD 233.39 Billion by 2033.
- From 2025 to 2033, the South East Asia market is expected to grow at a steady CAGR of 13.7%.
- Within the By Technology category, Infrared Sensor Technology dominated in 2024 in terms of market size contribution.
- Over the forecast period, Infrared Sensor Technology is forecasted to deliver the fastest growth, positioning it as the most lucrative By Technology segment.
Source: RI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, South East Asia accounted for 3.11% 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 72.81 Billion |
| Market Size In 2033 | USD 233.39 Billion |
| Largest segment | Infrared Sensor Technology |
| Units | Revenue in USD Billion |
| CAGR | 13.7% (2025-2033) |
| Segmnetation Covered | |
| By Technology |
|
| End Use |
|
| Component |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South East Asia Contactless Elevator Market By Technology 2025-2033 (USD Billion)
| By Technology | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Infrared Sensor Technology | XX.x | XX.x | XX.x | 29.61 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Ultrasonic Sensor Technology | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Laser Sensor Technology | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| RFID Technology | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South East Asia Contactless Elevator Market End Use 2025-2033 (USD Billion)
| End Use | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential | XX.x | XX.x | XX.x | 29.63 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Commercial | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Industrial | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Healthcare | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Transportation | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
South East Asia Contactless Elevator Market Component 2025-2033 (USD Billion)
| Component | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sensors | XX.x | XX.x | XX.x | 29.24 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Microcontrollers | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Control Systems | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Display Units | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: RI Analysis Company Publications, Primary Interviews.
