The Global Elevator Controls Market size is expected to grow at an annual average of 4% during 2021-2027. Globally, the elevator and elevator control market is witnessing growth as urbanization increases and the demand for efficient people mobility solutions in high-rise buildings increases. The ongoing positive outlook for the construction industry is a huge market opportunity for new equipment, while the existing aging infrastructure provides opportunities for the modernization service sector. The market structure of the global elevator market has historically witnessed a difference between the three business segments: new equipment, maintenance services and modernization. The market for new equipment is consolidated at a global level, while the maintenance and modernization market is geographically dispersed.
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A full report of Global Elevator Controls Market is available at: https://www.orionmarketreports.com/elevators-controls-market/44727/
The following players are covered in this report:
By Product
- Hardware
- Software
By Control
- Sensors
- Switches
- Microcontroller
By Application
- Residential
- Commerical
Company Profiles
- Thyssenkrupp AG
- OTIS Elevator
- Kone Corporation
- Schindler Group
- Hitachi Ltd.
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