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Published Date: 2025-12-31 | Pages: 129 | Tables: 122 | Machinery & Equipment
The global Elevator Control Components market was valued at US$ million in 2025 and is anticipated to reach US$ million by 2032, at a CAGR of %from 2026 to 2032.
Elevator control components are the electrical and electronic parts that manage and regulate the operation of an elevator—including signaling, motion control, safety logic, dispatching, and user interface functions—to ensure safe, efficient vertical transport in buildings.
The elevator control components industry chain begins upstream with raw material and semiconductor suppliers providing chips, sensors, printed circuit boards, and metallic housings; it flows midstream into manufacturers and system integrators that design, assemble, and test controllers, dispatch systems, and safety modules; downstream involves distributors, OEM elevator producers (e.g., KONE, Otis, Mitsubishi) and service partners who install, retrofit, and maintain these systems for residential, commercial, industrial, and public projects globally, supported by software providers that enable IoT connectivity, analytics and predictive maintenance to enhance performance and safety.
Across Asia Pacific, the Middle East, Europe, and North America, hundreds of high-rise residential and commercial buildings under construction are integrating advanced elevator control systems, including smart destination dispatch projects in skyscrapers in Shanghai and Dubai, transit hub vertical transport upgrades in Singapore and New York, and retrofit modernization of aging elevator fleets in London and Tokyo; planned megaprojects such as mixed-use towers in Riyadh and green smart campus complexes in India include contracts for IoT-enabled control components, while infrastructure expansions in South Korea and Australia schedule deployment of adaptive control systems to improve throughput and energy efficiency.
2024 Global Market Average Gross Profit Margin: 22%.
The North American market for Elevator Control Components is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
The Asia-Pacific market for Elevator Control Components is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
The global market for Elevator Control Components in Passenger Elevator is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 to 2032.
Major global companies of Elevator Control Components include Otis Elevator, Inovance, NIDEC, Smartrise Engineering, VANTAGE, Elevator Systems, Inc. (ESI), Shanghai Step Electric, Shenzhen V&T Technologies Co, Giovenzana International, Teknic Electric India Pvt. Ltd, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.
This report delivers a comprehensive overview of the global Elevator Control Components market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Elevator Control Components. The Elevator Control Components market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Elevator Control Components market comprehensively. Regional market sizes by Type, by Application, by Function, and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Elevator Control Components manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
Market Segmentation
By Company
Otis Elevator
Inovance
NIDEC
Smartrise Engineering
VANTAGE
Elevator Systems, Inc. (ESI)
Shanghai Step Electric
Shenzhen V&T Technologies Co
Giovenzana International
Teknic Electric India Pvt. Ltd
Innovation
Wittur Group
G-Technologies Co
Shenzhen INVT Electric Co
Yaskawa Electric
Heyang Co., Ltd
Segment by Type
Relay-Based Controllers
Microprocessor-Based Controllers
IOT-Enabled Smart Controllers
PLC/Programmable Logic Controllers
Others
Segment by Function
Floor Selection & Dispatch Boards
Safety & Overload Sensing Modules
Speed/Acceleration Controllers
Communication & Network Interface Units
Others
Segment by System Architecture
Single Automatic Operation Control
Selective Collective Operation Control
Others
Segment by Application
Passenger Elevator
Freight Elevator
Others
By Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia & New Zealand
Rest of Asia
Europe
Germany
France
U.K.
Italy
Ireland
Russia
Rest of Europe
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Israel
United Arab Emirates (UAE)
Saudi Arabia
Rest of MEA
Chapter Outline
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, by Function, etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Elevator Control Components companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Elevator Control Components Market Size Growth Rate by Type: 2021 vs 2025 vs 2032
1.2.2 Relay-Based Controllers
1.2.3 Microprocessor-Based Controllers
1.2.4 IOT-Enabled Smart Controllers
1.2.5 PLC/Programmable Logic Controllers
1.2.6 Others
1.3 Market by Function
1.3.1 Global Elevator Control Components Market Size Growth Rate by Function: 2021 vs 2025 vs 2032
1.3.2 Floor Selection & Dispatch Boards
1.3.3 Safety & Overload Sensing Modules
1.3.4 Speed/Acceleration Controllers
1.3.5 Communication & Network Interface Units
1.3.6 Others
1.4 Market by System Architecture
1.4.1 Global Elevator Control Components Market Size Growth Rate by System Architecture: 2021 vs 2025 vs 2032
1.4.2 Single Automatic Operation Control
1.4.3 Selective Collective Operation Control
1.4.4 Others
1.5 Market by Application
1.5.1 Global Elevator Control Components Market Growth by Application: 2021 vs 2025 vs 2032
1.5.2 Passenger Elevator
1.5.3 Freight Elevator
1.5.4 Others
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends
2.1 Global Elevator Control Components Market Perspective (2021–2032)
2.2 Global Elevator Control Components Growth Trends by Region
2.2.1 Global Elevator Control Components Market Size by Region: 2021 vs 2025 vs 2032
2.2.2 Elevator Control Components Historic Market Size by Region (2021–2026)
2.2.3 Elevator Control Components Forecasted Market Size by Region (2027–2032)
2.3 Elevator Control Components Market Dynamics
2.3.1 Elevator Control Components Industry Trends
2.3.2 Elevator Control Components Market Drivers
2.3.3 Elevator Control Components Market Challenges
2.3.4 Elevator Control Components Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Elevator Control Components Players by Revenue
3.1.1 Global Top Elevator Control Components Players by Revenue (2021–2026)
3.1.2 Global Elevator Control Components Revenue Market Share by Players (2021–2026)
3.2 Global Top Elevator Control Components Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
3.3 Global Key Players Ranking by Elevator Control Components Revenue
3.4 Global Elevator Control Components Market Concentration Ratio
3.4.1 Global Elevator Control Components Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Elevator Control Components Revenue in 2025
3.5 Global Key Players of Elevator Control Components Head Offices and Areas Served
3.6 Global Key Players of Elevator Control Components, Products and Applications
3.7 Global Key Players of Elevator Control Components, Date of General Availability (GA)
3.8 Mergers and Acquisitions, Expansion Plans
4 Elevator Control Components Breakdown Data by Type
4.1 Global Elevator Control Components Historic Market Size by Type (2021–2026)
4.2 Global Elevator Control Components Forecasted Market Size by Type (2027–2032)
5 Elevator Control Components Breakdown Data by Application
5.1 Global Elevator Control Components Historic Market Size by Application (2021–2026)
5.2 Global Elevator Control Components Forecasted Market Size by Application (2027–2032)
6 North America
6.1 North America Elevator Control Components Market Size (2021–2032)
6.2 North America Elevator Control Components Market Growth Rate by Country: 2021 vs 2025 vs 2032
6.3 North America Elevator Control Components Market Size by Country (2021–2026)
6.4 North America Elevator Control Components Market Size by Country (2027–2032)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Elevator Control Components Market Size (2021–2032)
7.2 Europe Elevator Control Components Market Growth Rate by Country: 2021 vs 2025 vs 2032
7.3 Europe Elevator Control Components Market Size by Country (2021–2026)
7.4 Europe Elevator Control Components Market Size by Country (2027–2032)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific Elevator Control Components Market Size (2021–2032)
8.2 Asia-Pacific Elevator Control Components Market Growth Rate by Region: 2021 vs 2025 vs 2032
8.3 Asia-Pacific Elevator Control Components Market Size by Region (2021–2026)
8.4 Asia-Pacific Elevator Control Components Market Size by Region (2027–2032)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America Elevator Control Components Market Size (2021–2032)
9.2 Latin America Elevator Control Components Market Growth Rate by Country: 2021 vs 2025 vs 2032
9.3 Latin America Elevator Control Components Market Size by Country (2021–2026)
9.4 Latin America Elevator Control Components Market Size by Country (2027–2032)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Elevator Control Components Market Size (2021–2032)
10.2 Middle East & Africa Elevator Control Components Market Growth Rate by Country: 2021 vs 2025 vs 2032
10.3 Middle East & Africa Elevator Control Components Market Size by Country (2021–2026)
10.4 Middle East & Africa Elevator Control Components Market Size by Country (2027–2032)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Otis Elevator
11.1.1 Otis Elevator Company Details
11.1.2 Otis Elevator Business Overview
11.1.3 Otis Elevator Elevator Control Components Introduction
11.1.4 Otis Elevator Revenue in Elevator Control Components Business (2021–2026)
11.1.5 Otis Elevator Recent Development
11.2 Inovance
11.2.1 Inovance Company Details
11.2.2 Inovance Business Overview
11.2.3 Inovance Elevator Control Components Introduction
11.2.4 Inovance Revenue in Elevator Control Components Business (2021–2026)
11.2.5 Inovance Recent Development
11.3 NIDEC
11.3.1 NIDEC Company Details
11.3.2 NIDEC Business Overview
11.3.3 NIDEC Elevator Control Components Introduction
11.3.4 NIDEC Revenue in Elevator Control Components Business (2021–2026)
11.3.5 NIDEC Recent Development
11.4 Smartrise Engineering
11.4.1 Smartrise Engineering Company Details
11.4.2 Smartrise Engineering Business Overview
11.4.3 Smartrise Engineering Elevator Control Components Introduction
11.4.4 Smartrise Engineering Revenue in Elevator Control Components Business (2021–2026)
11.4.5 Smartrise Engineering Recent Development
11.5 VANTAGE
11.5.1 VANTAGE Company Details
11.5.2 VANTAGE Business Overview
11.5.3 VANTAGE Elevator Control Components Introduction
11.5.4 VANTAGE Revenue in Elevator Control Components Business (2021–2026)
11.5.5 VANTAGE Recent Development
11.6 Elevator Systems, Inc. (ESI)
11.6.1 Elevator Systems, Inc. (ESI) Company Details
11.6.2 Elevator Systems, Inc. (ESI) Business Overview
11.6.3 Elevator Systems, Inc. (ESI) Elevator Control Components Introduction
11.6.4 Elevator Systems, Inc. (ESI) Revenue in Elevator Control Components Business (2021–2026)
11.6.5 Elevator Systems, Inc. (ESI) Recent Development
11.7 Shanghai Step Electric
11.7.1 Shanghai Step Electric Company Details
11.7.2 Shanghai Step Electric Business Overview
11.7.3 Shanghai Step Electric Elevator Control Components Introduction
11.7.4 Shanghai Step Electric Revenue in Elevator Control Components Business (2021–2026)
11.7.5 Shanghai Step Electric Recent Development
11.8 Shenzhen V&T Technologies Co
11.8.1 Shenzhen V&T Technologies Co Company Details
11.8.2 Shenzhen V&T Technologies Co Business Overview
11.8.3 Shenzhen V&T Technologies Co Elevator Control Components Introduction
11.8.4 Shenzhen V&T Technologies Co Revenue in Elevator Control Components Business (2021–2026)
11.8.5 Shenzhen V&T Technologies Co Recent Development
11.9 Giovenzana International
11.9.1 Giovenzana International Company Details
11.9.2 Giovenzana International Business Overview
11.9.3 Giovenzana International Elevator Control Components Introduction
11.9.4 Giovenzana International Revenue in Elevator Control Components Business (2021–2026)
11.9.5 Giovenzana International Recent Development
11.10 Teknic Electric India Pvt. Ltd
11.10.1 Teknic Electric India Pvt. Ltd Company Details
11.10.2 Teknic Electric India Pvt. Ltd Business Overview
11.10.3 Teknic Electric India Pvt. Ltd Elevator Control Components Introduction
11.10.4 Teknic Electric India Pvt. Ltd Revenue in Elevator Control Components Business (2021–2026)
11.10.5 Teknic Electric India Pvt. Ltd Recent Development
11.11 Innovation
11.11.1 Innovation Company Details
11.11.2 Innovation Business Overview
11.11.3 Innovation Elevator Control Components Introduction
11.11.4 Innovation Revenue in Elevator Control Components Business (2021–2026)
11.11.5 Innovation Recent Development
11.12 Wittur Group
11.12.1 Wittur Group Company Details
11.12.2 Wittur Group Business Overview
11.12.3 Wittur Group Elevator Control Components Introduction
11.12.4 Wittur Group Revenue in Elevator Control Components Business (2021–2026)
11.12.5 Wittur Group Recent Development
11.13 G-Technologies Co
11.13.1 G-Technologies Co Company Details
11.13.2 G-Technologies Co Business Overview
11.13.3 G-Technologies Co Elevator Control Components Introduction
11.13.4 G-Technologies Co Revenue in Elevator Control Components Business (2021–2026)
11.13.5 G-Technologies Co Recent Development
11.14 Shenzhen INVT Electric Co
11.14.1 Shenzhen INVT Electric Co Company Details
11.14.2 Shenzhen INVT Electric Co Business Overview
11.14.3 Shenzhen INVT Electric Co Elevator Control Components Introduction
11.14.4 Shenzhen INVT Electric Co Revenue in Elevator Control Components Business (2021–2026)
11.14.5 Shenzhen INVT Electric Co Recent Development
11.15 Yaskawa Electric
11.15.1 Yaskawa Electric Company Details
11.15.2 Yaskawa Electric Business Overview
11.15.3 Yaskawa Electric Elevator Control Components Introduction
11.15.4 Yaskawa Electric Revenue in Elevator Control Components Business (2021–2026)
11.15.5 Yaskawa Electric Recent Development
11.16 Heyang Co., Ltd
11.16.1 Heyang Co., Ltd Company Details
11.16.2 Heyang Co., Ltd Business Overview
11.16.3 Heyang Co., Ltd Elevator Control Components Introduction
11.16.4 Heyang Co., Ltd Revenue in Elevator Control Components Business (2021–2026)
11.16.5 Heyang Co., Ltd Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
Table 1. Global Elevator Control Components Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032
Table 2. Key Players of Relay-Based Controllers
Table 3. Key Players of Microprocessor-Based Controllers
Table 4. Key Players of IOT-Enabled Smart Controllers
Table 5. Key Players of PLC/Programmable Logic Controllers
Table 6. Key Players of Others
Table 7. Global Elevator Control Components Market Size Growth Rate by Function (US$ Million): 2021 vs 2025 vs 2032
Table 8. Key Players of Floor Selection & Dispatch Boards
Table 9. Key Players of Safety & Overload Sensing Modules
Table 10. Key Players of Speed/Acceleration Controllers
Table 11. Key Players of Communication & Network Interface Units
Table 12. Key Players of Others
Table 13. Global Elevator Control Components Market Size Growth Rate by System Architecture (US$ Million): 2021 vs 2025 vs 2032
Table 14. Key Players of Single Automatic Operation Control
Table 15. Key Players of Selective Collective Operation Control
Table 16. Key Players of Others
Table 17. Global Elevator Control Components Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032
Table 18. Global Elevator Control Components Market Size by Region (US$ Million): 2021 vs 2025 vs 2032
Table 19. Global Elevator Control Components Market Size by Region (US$ Million), 2021–2026
Table 20. Global Elevator Control Components Market Share by Region (2021–2026)
Table 21. Global Elevator Control Components Forecasted Market Size by Region (US$ Million), 2027–2032
Table 22. Global Elevator Control Components Market Share by Region (2027–2032)
Table 23. Elevator Control Components Market Trends
Table 24. Elevator Control Components Market Drivers
Table 25. Elevator Control Components Market Challenges
Table 26. Elevator Control Components Market Restraints
Table 27. Global Elevator Control Components Revenue by Players (US$ Million), 2021–2026
Table 28. Global Elevator Control Components Market Share by Players (2021–2026)
Table 29. Global Top Elevator Control Components Players by Tier (Tier 1, Tier 2, and Tier 3), based on Elevator Control Components Revenue, 2025
Table 30. Ranking of Global Top Elevator Control Components Companies by Revenue (US$ Million) in 2025
Table 31. Global 5 Largest Players Market Share by Elevator Control Components Revenue (CR5 and HHI), 2021–2026
Table 32. Global Key Players of Elevator Control Components, Headquarters and Area Served
Table 33. Global Key Players of Elevator Control Components, Products and Applications
Table 34. Global Key Players of Elevator Control Components, Date of General Availability (GA)
Table 35. Mergers and Acquisitions, Expansion Plans
Table 36. Global Elevator Control Components Market Size by Type (US$ Million), 2021–2026
Table 37. Global Elevator Control Components Revenue Market Share by Type (2021–2026)
Table 38. Global Elevator Control Components Forecasted Market Size by Type (US$ Million), 2027–2032
Table 39. Global Elevator Control Components Revenue Market Share by Type (2027–2032)
Table 40. Global Elevator Control Components Market Size by Application (US$ Million), 2021–2026
Table 41. Global Elevator Control Components Revenue Market Share by Application (2021–2026)
Table 42. Global Elevator Control Components Forecasted Market Size by Application (US$ Million), 2027–2032
Table 43. Global Elevator Control Components Revenue Market Share by Application (2027–2032)
Table 44. North America Elevator Control Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 45. North America Elevator Control Components Market Size by Country (US$ Million), 2021–2026
Table 46. North America Elevator Control Components Market Size by Country (US$ Million), 2027–2032
Table 47. Europe Elevator Control Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 48. Europe Elevator Control Components Market Size by Country (US$ Million), 2021–2026
Table 49. Europe Elevator Control Components Market Size by Country (US$ Million), 2027–2032
Table 50. Asia-Pacific Elevator Control Components Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032
Table 51. Asia-Pacific Elevator Control Components Market Size by Region (US$ Million), 2021–2026
Table 52. Asia-Pacific Elevator Control Components Market Size by Region (US$ Million), 2027–2032
Table 53. Latin America Elevator Control Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 54. Latin America Elevator Control Components Market Size by Country (US$ Million), 2021–2026
Table 55. Latin America Elevator Control Components Market Size by Country (US$ Million), 2027–2032
Table 56. Middle East & Africa Elevator Control Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032
Table 57. Middle East & Africa Elevator Control Components Market Size by Country (US$ Million), 2021–2026
Table 58. Middle East & Africa Elevator Control Components Market Size by Country (US$ Million), 2027–2032
Table 59. Otis Elevator Company Details
Table 60. Otis Elevator Business Overview
Table 61. Otis Elevator Elevator Control Components Product
Table 62. Otis Elevator Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 63. Otis Elevator Recent Development
Table 64. Inovance Company Details
Table 65. Inovance Business Overview
Table 66. Inovance Elevator Control Components Product
Table 67. Inovance Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 68. Inovance Recent Development
Table 69. NIDEC Company Details
Table 70. NIDEC Business Overview
Table 71. NIDEC Elevator Control Components Product
Table 72. NIDEC Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 73. NIDEC Recent Development
Table 74. Smartrise Engineering Company Details
Table 75. Smartrise Engineering Business Overview
Table 76. Smartrise Engineering Elevator Control Components Product
Table 77. Smartrise Engineering Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 78. Smartrise Engineering Recent Development
Table 79. VANTAGE Company Details
Table 80. VANTAGE Business Overview
Table 81. VANTAGE Elevator Control Components Product
Table 82. VANTAGE Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 83. VANTAGE Recent Development
Table 84. Elevator Systems, Inc. (ESI) Company Details
Table 85. Elevator Systems, Inc. (ESI) Business Overview
Table 86. Elevator Systems, Inc. (ESI) Elevator Control Components Product
Table 87. Elevator Systems, Inc. (ESI) Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 88. Elevator Systems, Inc. (ESI) Recent Development
Table 89. Shanghai Step Electric Company Details
Table 90. Shanghai Step Electric Business Overview
Table 91. Shanghai Step Electric Elevator Control Components Product
Table 92. Shanghai Step Electric Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 93. Shanghai Step Electric Recent Development
Table 94. Shenzhen V&T Technologies Co Company Details
Table 95. Shenzhen V&T Technologies Co Business Overview
Table 96. Shenzhen V&T Technologies Co Elevator Control Components Product
Table 97. Shenzhen V&T Technologies Co Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 98. Shenzhen V&T Technologies Co Recent Development
Table 99. Giovenzana International Company Details
Table 100. Giovenzana International Business Overview
Table 101. Giovenzana International Elevator Control Components Product
Table 102. Giovenzana International Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 103. Giovenzana International Recent Development
Table 104. Teknic Electric India Pvt. Ltd Company Details
Table 105. Teknic Electric India Pvt. Ltd Business Overview
Table 106. Teknic Electric India Pvt. Ltd Elevator Control Components Product
Table 107. Teknic Electric India Pvt. Ltd Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 108. Teknic Electric India Pvt. Ltd Recent Development
Table 109. Innovation Company Details
Table 110. Innovation Business Overview
Table 111. Innovation Elevator Control Components Product
Table 112. Innovation Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 113. Innovation Recent Development
Table 114. Wittur Group Company Details
Table 115. Wittur Group Business Overview
Table 116. Wittur Group Elevator Control Components Product
Table 117. Wittur Group Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 118. Wittur Group Recent Development
Table 119. G-Technologies Co Company Details
Table 120. G-Technologies Co Business Overview
Table 121. G-Technologies Co Elevator Control Components Product
Table 122. G-Technologies Co Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 123. G-Technologies Co Recent Development
Table 124. Shenzhen INVT Electric Co Company Details
Table 125. Shenzhen INVT Electric Co Business Overview
Table 126. Shenzhen INVT Electric Co Elevator Control Components Product
Table 127. Shenzhen INVT Electric Co Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 128. Shenzhen INVT Electric Co Recent Development
Table 129. Yaskawa Electric Company Details
Table 130. Yaskawa Electric Business Overview
Table 131. Yaskawa Electric Elevator Control Components Product
Table 132. Yaskawa Electric Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 133. Yaskawa Electric Recent Development
Table 134. Heyang Co., Ltd Company Details
Table 135. Heyang Co., Ltd Business Overview
Table 136. Heyang Co., Ltd Elevator Control Components Product
Table 137. Heyang Co., Ltd Revenue in Elevator Control Components Business (US$ Million), 2021–2026
Table 138. Heyang Co., Ltd Recent Development
Table 139. Research Programs/Design for This Report
Table 140. Key Data Information from Secondary Sources
Table 141. Key Data Information from Primary Sources
Table 142. Authors List of This Report
List of Figures
Figure 1. Elevator Control Components Picture
Figure 2. Global Elevator Control Components Market Size Comparison by Type (US$ Million), 2021–2032
Figure 3. Global Elevator Control Components Market Share by Type: 2025 vs 2032
Figure 4. Relay-Based Controllers Features
Figure 5. Microprocessor-Based Controllers Features
Figure 6. IOT-Enabled Smart Controllers Features
Figure 7. PLC/Programmable Logic Controllers Features
Figure 8. Others Features
Figure 9. Global Elevator Control Components Market Size Comparison by Function (US$ Million), 2021–2032
Figure 10. Floor Selection & Dispatch Boards Features
Figure 11. Safety & Overload Sensing Modules Features
Figure 12. Speed/Acceleration Controllers Features
Figure 13. Communication & Network Interface Units Features
Figure 14. Others Features
Figure 15. Global Elevator Control Components Market Size Comparison by System Architecture (US$ Million), 2021–2032
Figure 16. Single Automatic Operation Control Features
Figure 17. Selective Collective Operation Control Features
Figure 18. Others Features
Figure 19. Global Elevator Control Components Market Size by Application (US$ Million), 2021–2032
Figure 20. Global Elevator Control Components Market Share by Application: 2025 vs 2032
Figure 21. Passenger Elevator Case Studies
Figure 22. Freight Elevator Case Studies
Figure 23. Others Case Studies
Figure 24. Elevator Control Components Report Years Considered
Figure 25. Global Elevator Control Components Market Size (US$ Million), Year-over-Year: 2021–2032
Figure 26. Global Elevator Control Components Market Size, (US$ Million), 2021 vs 2025 vs 2032
Figure 27. Global Elevator Control Components Market Share by Region: 2025 vs 2032
Figure 28. Global Elevator Control Components Market Share by Players in 2025
Figure 29. Global Elevator Control Components Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
Figure 30. The Top 10 and 5 Players Market Share by Elevator Control Components Revenue in 2025
Figure 31. North America Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 32. North America Elevator Control Components Market Share by Country (2021–2032)
Figure 33. United States Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 34. Canada Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 35. Europe Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 36. Europe Elevator Control Components Market Share by Country (2021–2032)
Figure 37. Germany Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 38. France Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 39. U.K. Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 40. Italy Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 41. Russia Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 42. Ireland Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 43. Asia-Pacific Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 44. Asia-Pacific Elevator Control Components Market Share by Region (2021–2032)
Figure 45. China Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 46. Japan Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 47. South Korea Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 48. Southeast Asia Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 49. India Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 50. Australia & New Zealand Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 51. Latin America Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 52. Latin America Elevator Control Components Market Share by Country (2021–2032)
Figure 53. Mexico Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 54. Brazil Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 55. Middle East & Africa Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 56. Middle East & Africa Elevator Control Components Market Share by Country (2021–2032)
Figure 57. Israel Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 58. Saudi Arabia Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 59. UAE Elevator Control Components Market Size YoY Growth (US$ Million), 2021–2032
Figure 60. Otis Elevator Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 61. Inovance Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 62. NIDEC Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 63. Smartrise Engineering Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 64. VANTAGE Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 65. Elevator Systems, Inc. (ESI) Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 66. Shanghai Step Electric Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 67. Shenzhen V&T Technologies Co Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 68. Giovenzana International Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 69. Teknic Electric India Pvt. Ltd Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 70. Innovation Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 71. Wittur Group Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 72. G-Technologies Co Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 73. Shenzhen INVT Electric Co Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 74. Yaskawa Electric Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 75. Heyang Co., Ltd Revenue Growth Rate in Elevator Control Components Business (2021–2026)
Figure 76. Bottom-up and Top-down Approaches for This Report
Figure 77. Data Triangulation
Figure 78. Key Executives Interviewed
