Market Overview:
The global lift controller market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elevators, escalators, and moving walkways across the globe. Additionally, the growing urbanization and rising disposable income are also contributing to the growth of this market. The global lift controller market is segmented on the basis of type, application, and region. On the basis of type, it is divided into elevator controllers, escalator controllers, and moving walkway controllers. The elevator controller segment dominates this market owing to its widespread use in various applications such as residential buildings, commercial offices buildings transportation hubs (airports), etc., across different regions worldwide.
Product Definition:
A lift controller is a device used to control the speed and movement of a lift or an elevator. The controller receives input from sensors located in the lift cabins and uses this information to send commands to the drive system that powers the lifts.
for Elevator:
For elevator, it is a device that moves material from one level to another in a vertical or horizontal direction. It's major applications are in building automation for moving materials between floors of a building. Elevator can be manual as well as automatic and its operation depends on the position of some hardware components such as pulleys and ropes which are mounted on wheels or tracks.
for Escalator:
The escalator is a device that moves stairs or steps up and down in vertical or horizontal direction. Escalators are widely used in building and construction industries for moving people between floors of a building. They are also used in railway stations, airports, hospitals, shopping malls, offices buildings and other utility spaces to provide step by step access from one floor to another.
Escalators can be classified into two types: moving stairs (moving walkway).
Application Insights:
The commercial office segment accounted for the largest share of more than 40.0% in 2017 and is expected to witness significant growth over the forecast period. The growing number of commercial offices, particularly in developing countries such as India, China and Brazil is anticipated to contribute significantly towards segment growth. In addition, a rise in demand for high-rise buildings has resulted in an increased number of moving walkways across various cities worldwide which will further propel market demand over the next eight years.
The transportation hub segment is also expected to register considerable gains owing to increasing investments by governments and private companies for expanding airports or railway stations with new facilities that require advanced technologies such as lift controllers that can manage large numbers of elevators & moving walkways simultaneously with ease & efficiency.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in infrastructure development, which is fueling the demand for LGIs. This can be attributed to increasing population and rising living standards, thereby driving demand for lift controllers.
The growing number of commercial buildings due to increased tourism has also resulted in an increase inlift controller installations across Europe and North America countries.
Growth Factors:
- Increasing demand for automation in various industries
- Growing adoption of Lift Controller by small and medium-sized businesses
- Rising number of construction projects globally
- Proliferation of online shopping and growing e-commerce industry
- Technological advancements in Lift Controller
Scope Of The Report
Report Attributes
Report Details
Report Title
Lift Controller Market Research Report
By Type
for Elevator, for Escalator, for Moving Walkway
By Application
Residential, Commercial Office, Transportation Hub, Industrial
By Companies
Carrier, Lester Controls, Newlift Steuerungsbau GmbH, Schneider Steuerungstechnik GmbH, INTEC GmbH Ingenieurservice, Danfoss, SafeLine Sweden AB, Hikvision, IS Technology, KW-Elevator Technology GmbH, Beijing Guanlin IOT, Wuxi Lianli Electronic Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Lift Controller Market Report Segments:
The global Lift Controller market is segmented on the basis of:
Types
for Elevator, for Escalator, for Moving Walkway
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial Office, Transportation Hub, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carrier
- Lester Controls
- Newlift Steuerungsbau GmbH
- Schneider Steuerungstechnik GmbH
- INTEC GmbH Ingenieurservice
- Danfoss
- SafeLine Sweden AB
- Hikvision
- IS Technology
- KW-Elevator Technology GmbH
- Beijing Guanlin IOT
- Wuxi Lianli Electronic Technology
Highlights of The Lift Controller Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- for Elevator
- for Escalator
- for Moving Walkway
- By Application:
- Residential
- Commercial Office
- Transportation Hub
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lift Controller Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A lift controller is a device that helps to control the speed and direction of a moving lift.
Some of the major companies in the lift controller market are Carrier, Lester Controls, Newlift Steuerungsbau GmbH, Schneider Steuerungstechnik GmbH, INTEC GmbH Ingenieurservice, Danfoss, SafeLine Sweden AB, Hikvision, IS Technology, KW-Elevator Technology GmbH, Beijing Guanlin IOT, Wuxi Lianli Electronic Technology.
The lift controller market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lift Controller Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lift Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lift Controller Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lift Controller Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lift Controller Market Size & Forecast, 2018-2028
4.5.1 Lift Controller Market Size and Y-o-Y Growth
4.5.2 Lift Controller Market Absolute $ Opportunity
Chapter 5 Global Lift Controller Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lift Controller Market Size Forecast by Type
5.2.1 for Elevator
5.2.2 for Escalator
5.2.3 for Moving Walkway
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lift Controller Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lift Controller Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial Office
6.2.3 Transportation Hub
6.2.4 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lift Controller Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lift Controller Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lift Controller Analysis and Forecast
9.1 Introduction
9.2 North America Lift Controller Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lift Controller Market Size Forecast by Type
9.6.1 for Elevator
9.6.2 for Escalator
9.6.3 for Moving Walkway
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lift Controller Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial Office
9.10.3 Transportation Hub
9.10.4 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lift Controller Analysis and Forecast
10.1 Introduction
10.2 Europe Lift Controller Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lift Controller Market Size Forecast by Type
10.6.1 for Elevator
10.6.2 for Escalator
10.6.3 for Moving Walkway
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lift Controller Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial Office
10.10.3 Transportation Hub
10.10.4 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lift Controller Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lift Controller Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lift Controller Market Size Forecast by Type
11.6.1 for Elevator
11.6.2 for Escalator
11.6.3 for Moving Walkway
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lift Controller Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial Office
11.10.3 Transportation Hub
11.10.4 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lift Controller Analysis and Forecast
12.1 Introduction
12.2 Latin America Lift Controller Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lift Controller Market Size Forecast by Type
12.6.1 for Elevator
12.6.2 for Escalator
12.6.3 for Moving Walkway
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lift Controller Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial Office
12.10.3 Transportation Hub
12.10.4 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lift Controller Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lift Controller Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lift Controller Market Size Forecast by Type
13.6.1 for Elevator
13.6.2 for Escalator
13.6.3 for Moving Walkway
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lift Controller Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial Office
13.10.3 Transportation Hub
13.10.4 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lift Controller Market: Competitive Dashboard
14.2 Global Lift Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrier
14.3.2 Lester Controls
14.3.3 Newlift Steuerungsbau GmbH
14.3.4 Schneider Steuerungstechnik GmbH
14.3.5 INTEC GmbH Ingenieurservice
14.3.6 Danfoss
14.3.7 SafeLine Sweden AB
14.3.8 Hikvision
14.3.9 IS Technology
14.3.10 KW-Elevator Technology GmbH
14.3.11 Beijing Guanlin IOT
14.3.12 Wuxi Lianli Electronic Technology
