Elevator Safety System Market Analysis, Size, and Growth (2023-2028)
Elevator Safety System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 14240.80 Million |
Market Size by 2031 | US$ 30011.05 Million |
Global CAGR (2023 - 2031) | 9.8% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Elevator Safety System Market News and Recent Developments
The elevator safety system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the elevator safety system market are listed below:
- Delta, a global leader in power and thermal management technologies and a world-class provider of industrial automation solutions, announced a new generation of its elevator drives, the EB3000 family. The new drives are compact and easy to install while providing compatibility with a wide range of systems and communications protocols. Most importantly, the drives are designed with safety as the number one priority with built-in safe torque off (STO) and comply with EN81-20 and EN81-50. In addition, the new line of drives is even easier to maintain and troubleshoot with wireless control via Bluetooth while also ensuring a smooth and comfortable ride for passengers. (Source: Delta, Press Release, November 2023)
- CEDES, a global leader in elevator safety light curtains and optoelectronic sensors and relayr, announced the launch of their joint solution for the elevator industry - combining CEDES’ renowned light curtain with Relays Industrial IoT expertise. (Source: CEDES, Press Release, November 2023)
Elevator Safety System Market Report Coverage and Deliverables
The “Elevator Safety System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Elevator safety system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Elevator safety system market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- elevator safety system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the elevator safety system market
- Detailed company profiles