Global Elevator Group Control System Market Growth (Status and Outlook) 2025-2031

According to this study, the global Elevator Group Control System market size will reach US$ million by 2031.

Elevator group control system (ECGS) refers to a group of 3 or more elevators installed in a building as an organic whole, using an automatic control system to schedule the operation of each elevator, the purpose is to improve the vertical transportation system To improve the service quality of passengers and reduce energy consumption by providing services to passengers with shorter waiting time and running time.

According to data released by the National Bureau of Statistics, China"s elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world"s largest elevator producer and consumer. More than 70% of the world"s elevator manufacturing business were in Chinese mainland, and 60%-65% of the world"s elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.

LPI (LP Information)' newest research report, the “Elevator Group Control System Industry Forecast” looks at past sales and reviews total world Elevator Group Control System sales in 2024, providing a comprehensive analysis by region and market sector of projected Elevator Group Control System sales for 2025 through 2031. With Elevator Group Control System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator Group Control System industry.

This Insight Report provides a comprehensive analysis of the global Elevator Group Control System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Elevator Group Control System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Elevator Group Control System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator Group Control System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elevator Group Control System.

This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Group Control System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Small and Medium Type (3-6 Units)
Large and Medium Type (3-12 Units)
Others

Segmentation by Application:
Shopping Malls
Community
Hospital
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
KONE
Mitsubishi Electric
Hitachi
Toshiba Elevator and Building Systems
FUJITEC
ADCO Controls
Shanghai STEP Electric
Blue Star Elevator

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