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Elevator Control Market 2022-2026

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    Report

  • 120 Pages
  • February 2022
  • Region: Global
  • TechNavio
  • ID: 5546057
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The publisher has been monitoring the elevator control market and it is poised to grow by $ 7.33 bn during 2022-2026 progressing at a CAGR of 7.44% during the forecast period. The report on the elevator control market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by rise in construction of high-rise buildings with smart vertical transportation systems and rsing demand for energy-efficient elevators.

The elevator control market analysis includes the application segment and geographic landscape.

The elevator control market is segmented as below:


By Application

  • Commercial
  • Residential

By Geographical Landscape

  • APAC
  • Europe
  • MEA
  • North America
  • South America

This study identifies the increasing demand for commercial spaces as one of the prime reasons driving the elevator control market growth during the next few years.

The report on elevator control market covers the following areas:

  • Elevator control market sizing
  • Elevator control market forecast
  • Elevator control market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading elevator control market vendors that include Hitachi Ltd., Honeywell International Inc., Hyundai Elevator Co. Ltd., Mitsubishi Electric Corp., Nidec Corp., Schindler Holding Ltd., SICK AG, Thames Valley Controls Ltd., TK Elevator GmbH, and Toshiba Corp. Also, the elevator control market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

Executive Summary
  • Market Overview

Market Landscape
  • Market ecosystem
  • Value chain analysis

Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application
  • Market segments
  • Comparison by Application
  • Commercial - Market size and forecast 2021-2026
  • Residential - Market size and forecast 2021-2026
  • Market opportunity by Application

Customer landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • North America - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity By Geographical Landscape
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape
  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Hyundai Elevator Co. Ltd.
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • Schindler Holding Ltd.
  • SICK AG
  • Thames Valley Controls Ltd.
  • TK Elevator GmbH
  • Toshiba Corp.

Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits
  • Key Finding 1
  • Key Finding 2
  • Key Finding 3
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Key Finding 8
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2021 - 2026 ($ billion)
  • Global market: Year-over-year growth 2021 - 2026 (%)
  • Five forces analysis 2021 & 2026
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2021
  • Application - Market share 2021-2026 (%)
  • Comparison by Application
  • Commercial - Market size and forecast 2021-2026 ($ billion)
  • Commercial - Year-over-year growth 2021-2026 (%)
  • Residential - Market size and forecast 2021-2026 ($ billion)
  • Residential - Year-over-year growth 2021-2026 (%)
  • Market opportunity by Application
  • Customer landscape
  • Market share By Geographical Landscape 2021-2026 (%)
  • Geographic comparison
  • APAC - Market size and forecast 2021-2026 ($ billion)
  • APAC - Year-over-year growth 2021-2026 (%)
  • Europe - Market size and forecast 2021-2026 ($ billion)
  • Europe - Year-over-year growth 2021-2026 (%)
  • MEA - Market size and forecast 2021-2026 ($ billion)
  • MEA - Year-over-year growth 2021-2026 (%)
  • North America - Market size and forecast 2021-2026 ($ billion)
  • North America - Year-over-year growth 2021-2026 (%)
  • South America - Market size and forecast 2021-2026 ($ billion)
  • South America - Year-over-year growth 2021-2026 (%)
  • Key leading countries
  • Market opportunity By Geographical Landscape ($ billion)
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Hitachi Ltd. - Overview
  • Hitachi Ltd. - Business segments
  • Hitachi Ltd. - Key offerings
  • Hitachi Ltd. - Key customers
  • Hitachi Ltd. - Segment focus
  • Honeywell International Inc. - Overview
  • Honeywell International Inc. - Business segments
  • Honeywell International Inc. - Key offerings
  • Honeywell International Inc. - Key customers
  • Honeywell International Inc. - Segment focus
  • Hyundai Elevator Co. Ltd. - Overview
  • Hyundai Elevator Co. Ltd. - Product and service
  • Hyundai Elevator Co. Ltd. - Key offerings
  • Hyundai Elevator Co. Ltd. - Key customers
  • Hyundai Elevator Co. Ltd. - Segment focus
  • Mitsubishi Electric Corp. - Overview
  • Mitsubishi Electric Corp. - Business segments
  • Mitsubishi Electric Corp. - Key offerings
  • Mitsubishi Electric Corp. - Key customers
  • Mitsubishi Electric Corp. - Segment focus
  • Nidec Corp. - Overview
  • Nidec Corp. - Business segments
  • Nidec Corp. - Key offerings
  • Nidec Corp. - Key customers
  • Nidec Corp. - Segment focus
  • Schindler Holding Ltd. - Overview
  • Schindler Holding Ltd. - Business segments
  • Schindler Holding Ltd. - Key offerings
  • Schindler Holding Ltd. - Key customers
  • Schindler Holding Ltd. - Segment focus
  • SICK AG - Overview
  • SICK AG - Business segments
  • SICK AG - Key offerings
  • SICK AG - Key customers
  • SICK AG - Segment focus
  • Thames Valley Controls Ltd. - Overview
  • Thames Valley Controls Ltd. - Product and service
  • Thames Valley Controls Ltd. - Key offerings
  • Thames Valley Controls Ltd. - Key customers
  • Thames Valley Controls Ltd. - Segment focus
  • TK Elevator GmbH - Overview
  • TK Elevator GmbH - Business segments
  • TK Elevator GmbH - Key offerings
  • TK Elevator GmbH - Key customers
  • TK Elevator GmbH - Segment focus
  • Toshiba Corp. - Overview
  • Toshiba Corp. - Business segments
  • Toshiba Corp. - Key offerings
  • Toshiba Corp. - Key customers
  • Toshiba Corp. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global elevator control market: Hitachi Ltd., Honeywell International Inc., Hyundai Elevator Co. Ltd., Mitsubishi Electric Corp., Nidec Corp., Schindler Holding Ltd., SICK AG, Thames Valley Controls Ltd., TK Elevator GmbH, and Toshiba Corp.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is increasing demand for commercial spaces.`

According to the report, one of the major drivers for this market is the rise in construction of high-rise buildings with smart vertical transportation systems.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Hitachi Ltd.
  • Honeywell International Inc.
  • Hyundai Elevator Co. Ltd.
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • Schindler Holding Ltd.
  • SICK AG
  • Thames Valley Controls Ltd.
  • TK Elevator GmbH
  • Toshiba Corp.