Group Control Elevator Market, Global Outlook and Forecast 2024-2031

Report ID: 1185823 | Published Date: Jan 2025 | No. of Page: 75 | Base Year: 2024 | Rating: 4.1 | Webstory: Check our Web story

Group-controlled elevators are elevators in which multiple elevators are arranged in a centralized manner and have a call button outside the hall, which is centrally dispatched and controlled according to the prescribed procedures.
This report contains market size and forecasts of Group Control Elevator in global, including the following market information:
Global Group Control Elevator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Group Control Elevator Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Group Control Elevator companies in 2021 (%)
The global Group Control Elevator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small and Medium Type (3-6 Units) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Group Control Elevator include Hitachi, FUJITEC, KONE, Mitsubishi Electric, United Technologies Corporation (Otis Elevator Company), Schindler, Thyssenkrupp AG (Thyssenkrupp Elevator Technology), Express Lifts and Escon Elevators and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Group Control Elevator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Group Control Elevator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Group Control Elevator Market Segment Percentages, by Type, 2021 (%)
Small and Medium Type (3-6 Units)
Large and Medium Type (3-12 Units)
Others
Global Group Control Elevator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Group Control Elevator Market Segment Percentages, by Application, 2021 (%)
Shopping Malls
Community
School
Others
Global Group Control Elevator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Group Control Elevator Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Group Control Elevator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Group Control Elevator revenues share in global market, 2021 (%)
Key companies Group Control Elevator sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Group Control Elevator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hitachi
FUJITEC
KONE
Mitsubishi Electric
United Technologies Corporation (Otis Elevator Company)
Schindler
Thyssenkrupp AG (Thyssenkrupp Elevator Technology)
Express Lifts
Escon Elevators
Toshiba Elevator and Building Systems

Frequently Asked Questions
Group Control Elevator Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Group Control Elevator Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Group Control Elevator Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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