Global Group Control Elevator Market Growth 2025-2031
Description
The global Group Control Elevator market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Group Control Elevator Industry Forecast” looks at past sales and reviews total world Group Control Elevator sales in 2024, providing a comprehensive analysis by region and market sector of projected Group Control Elevator sales for 2025 through 2031. With Group Control Elevator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Group Control Elevator industry.
This Insight Report provides a comprehensive analysis of the global Group Control Elevator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Group Control Elevator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Group Control Elevator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Group Control Elevator 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 Group Control Elevator.
This report presents a comprehensive overview, market shares, and growth opportunities of Group Control Elevator market by product type, application, key manufacturers 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
School
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 analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Group Control Elevator market?
What factors are driving Group Control Elevator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Group Control Elevator market opportunities vary by end market size?
How does Group Control Elevator break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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.
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.
LP Information, Inc. (LPI) ' newest research report, the “Group Control Elevator Industry Forecast” looks at past sales and reviews total world Group Control Elevator sales in 2024, providing a comprehensive analysis by region and market sector of projected Group Control Elevator sales for 2025 through 2031. With Group Control Elevator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Group Control Elevator industry.
This Insight Report provides a comprehensive analysis of the global Group Control Elevator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Group Control Elevator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Group Control Elevator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Group Control Elevator 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 Group Control Elevator.
This report presents a comprehensive overview, market shares, and growth opportunities of Group Control Elevator market by product type, application, key manufacturers 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
School
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 analysing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Group Control Elevator market?
What factors are driving Group Control Elevator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Group Control Elevator market opportunities vary by end market size?
How does Group Control Elevator break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
90 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Group Control Elevator by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Group Control Elevator by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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