Who is Driving the Future of Elevator Technology?

Against the global wave of smart city construction, green low-carbon transformation and stock building renovation, the global elevator industry is stepping into an all-new intelligent upgrading cycle from 2026 onwards. Traditional mechanical elevators are accelerating replacement by smart elevator solutions empowered by AI, IoT and edge computing, reshaping vertical mobility logic across residential, commercial and industrial scenarios. Global leading OEMs, component suppliers and digital tech startups jointly fuel technological iteration of the elevator sector, while smart elevator has evolved from optional high-end configuration into the standard matching requirement for newly-built smart buildings and old-building retrofits. Industry research predicts the global smart elevator market will hit USD 44.9 billion by 2035 at a steady CAGR of 6.8%, with post-market modernization and intelligent retrofitting becoming core growth pillars after 2026. This press release sorts core driving forces and forward-looking industry trends, alongside practical FAQ for property developers, building operators and engineering buyers focusing on smart elevator deployment.

Digitalization Creates a Better Passenger Experience

Beyond efficiency and maintenance, Smart Elevator technology is transforming the user experience.

Emerging features include:

These innovations improve convenience while supporting modern workplace and residential expectations.

As buildings become increasingly connected, Smart Elevators are expected to function as integral components within broader smart city ecosystems.

FAQ: Smart Elevator Technology Beyond 2026

NONA Elevator Parts Co., Ltd

is a global comprehensive supplier focusing on R&D, production, installation and after-market upgrade of premium smart elevator, with decades of accumulation in traction machine, intelligent drive control and IoT elevator cloud platform field. Rooted in global vertical transportation market, the company launches two core product lines: brand-new customized smart elevator for new construction projects and modular intelligent transformation kits to upgrade legacy elevators into qualified smart elevator, covering residential real estate, high-rise office, shopping mall, industrial plant and public infrastructure across Asia, Europe, Middle East and North America.