Elevator Group Control System Market, Global Outlook and Forecast 2023-2028

Report ID: 1185824 | Published Date: Jan 2025 | No. of Page: 63 | Base Year: 2024 | Rating: 4.8 | Webstory: Check our Web story

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.
This report contains market size and forecasts of Elevator Group Control System in Global, including the following market information:
Global Elevator Group Control System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Elevator Group Control System 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 Elevator Group Control System include KONE, Mitsubishi Electric, Hitachi, Toshiba Elevator and Building Systems, FUJITEC, ADCO Controls, Shanghai STEP Electric and Blue Star Elevator, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Elevator Group Control System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elevator Group Control System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Elevator Group Control System Market Segment Percentages, by Type, 2021 (%)
Small and Medium Type (3-6 Units)
Large and Medium Type (3-12 Units)
Others
Global Elevator Group Control System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Elevator Group Control System Market Segment Percentages, by Application, 2021 (%)
Shopping Malls
Community
Hospital
Others
Global Elevator Group Control System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Elevator Group Control System 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 Elevator Group Control System revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Elevator Group Control System revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
KONE
Mitsubishi Electric
Hitachi
Toshiba Elevator and Building Systems
FUJITEC
ADCO Controls
Shanghai STEP Electric
Blue Star Elevator

Frequently Asked Questions
Elevator Group Control System 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.
Elevator Group Control System 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
Elevator Group Control System 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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