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Published Date: 2025-11-05 | Pages: 170 | Tables: 151 | Machinery & Equipment
The global Elevator Control Panelboard market is projected to grow from US$ 8750 million in 2024 to US$ 13170 million by 2031, at a CAGR of 6.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
From a downstream perspective, Passenger Elevators accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Elevator Control Panelboard leading manufacturers including Hitachi, Hyundai Elevator, Toshiba Elevators and Building Systems, Mitsubishi Electric, Thames Valley Controls, Nidec MCE, Honeywell International, Otis Elevators, BSB Asanor, Texas Instruments, etc., dominate supply; the top five capture approximately % of global revenue, with Hitachi leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Elevator Control Panelboard market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
By Company
Hitachi
Hyundai Elevator
Toshiba Elevators and Building Systems
Mitsubishi Electric
Thames Valley Controls
Nidec MCE
Honeywell International
Otis Elevators
BSB Asanor
Texas Instruments
Eaton Electronics
TAL Engineering
Gefram
Arkel
Segment by Type
Relay-based Controller
Microprocessor-based Controller
PLC-based Controller
Segment by Application
Passenger Elevators
Freight Elevators
Service Elevators
Others
Production by Region
North America
Europe
China
Japan
Sales by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia (Indonesia, Vietnam, Thailand)
India
Europe
Germany
France
U.K.
Italy
Russia
Central South America
Brazil
Argentina
Middle East, Africa
Turkey
Egypt
GCC Countries
South Africa
Chapter Outline
Chapter 1: Defines the Elevator Control Panelboard study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
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 Study Coverage
1.1 Introduction to Elevator Control Panelboard: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Elevator Control Panelboard Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Relay-based Controller
1.2.3 Microprocessor-based Controller
1.2.4 PLC-based Controller
1.3 Market Segmentation by Application
1.3.1 Global Elevator Control Panelboard Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Passenger Elevators
1.3.3 Freight Elevators
1.3.4 Service Elevators
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Elevator Control Panelboard Revenue Estimates and Forecasts 2020-2031
2.2 Global Elevator Control Panelboard Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Elevator Control Panelboard Sales Estimates and Forecasts 2020-2031
2.4 Global Elevator Control Panelboard Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Elevator Control Panelboard Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global Elevator Control Panelboard Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Elevator Control Panelboard Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Relay-based Controller Market Size by Manufacturers
4.5.2 Microprocessor-based Controller Market Size by Manufacturers
4.5.3 PLC-based Controller Market Size by Manufacturers
4.6 Global Elevator Control Panelboard Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Elevator Control Panelboard Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Elevator Control Panelboard Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Elevator Control Panelboard Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Elevator Control Panelboard Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Elevator Control Panelboard Sales and Revenue by Type (2020-2031)
7.4 North America Elevator Control Panelboard Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Elevator Control Panelboard Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Elevator Control Panelboard Sales and Revenue by Type (2020-2031)
8.4 Europe Elevator Control Panelboard Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Elevator Control Panelboard Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Elevator Control Panelboard Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Elevator Control Panelboard Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Elevator Control Panelboard Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Elevator Control Panelboard Sales and Revenue by Type (2020-2031)
10.4 Central and South America Elevator Control Panelboard Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Elevator Control Panelboard Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Elevator Control Panelboard Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Elevator Control Panelboard Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Elevator Control Panelboard Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Hitachi
12.1.1 Hitachi Corporation Information
12.1.2 Hitachi Business Overview
12.1.3 Hitachi Elevator Control Panelboard Product Models, Descriptions and Specifications
12.1.4 Hitachi Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Hitachi Elevator Control Panelboard Sales by Product in 2024
12.1.6 Hitachi Elevator Control Panelboard Sales by Application in 2024
12.1.7 Hitachi Elevator Control Panelboard Sales by Geographic Area in 2024
12.1.8 Hitachi Elevator Control Panelboard SWOT Analysis
12.1.9 Hitachi Recent Developments
12.2 Hyundai Elevator
12.2.1 Hyundai Elevator Corporation Information
12.2.2 Hyundai Elevator Business Overview
12.2.3 Hyundai Elevator Elevator Control Panelboard Product Models, Descriptions and Specifications
12.2.4 Hyundai Elevator Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Hyundai Elevator Elevator Control Panelboard Sales by Product in 2024
12.2.6 Hyundai Elevator Elevator Control Panelboard Sales by Application in 2024
12.2.7 Hyundai Elevator Elevator Control Panelboard Sales by Geographic Area in 2024
12.2.8 Hyundai Elevator Elevator Control Panelboard SWOT Analysis
12.2.9 Hyundai Elevator Recent Developments
12.3 Toshiba Elevators and Building Systems
12.3.1 Toshiba Elevators and Building Systems Corporation Information
12.3.2 Toshiba Elevators and Building Systems Business Overview
12.3.3 Toshiba Elevators and Building Systems Elevator Control Panelboard Product Models, Descriptions and Specifications
12.3.4 Toshiba Elevators and Building Systems Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 Toshiba Elevators and Building Systems Elevator Control Panelboard Sales by Product in 2024
12.3.6 Toshiba Elevators and Building Systems Elevator Control Panelboard Sales by Application in 2024
12.3.7 Toshiba Elevators and Building Systems Elevator Control Panelboard Sales by Geographic Area in 2024
12.3.8 Toshiba Elevators and Building Systems Elevator Control Panelboard SWOT Analysis
12.3.9 Toshiba Elevators and Building Systems Recent Developments
12.4 Mitsubishi Electric
12.4.1 Mitsubishi Electric Corporation Information
12.4.2 Mitsubishi Electric Business Overview
12.4.3 Mitsubishi Electric Elevator Control Panelboard Product Models, Descriptions and Specifications
12.4.4 Mitsubishi Electric Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Mitsubishi Electric Elevator Control Panelboard Sales by Product in 2024
12.4.6 Mitsubishi Electric Elevator Control Panelboard Sales by Application in 2024
12.4.7 Mitsubishi Electric Elevator Control Panelboard Sales by Geographic Area in 2024
12.4.8 Mitsubishi Electric Elevator Control Panelboard SWOT Analysis
12.4.9 Mitsubishi Electric Recent Developments
12.5 Thames Valley Controls
12.5.1 Thames Valley Controls Corporation Information
12.5.2 Thames Valley Controls Business Overview
12.5.3 Thames Valley Controls Elevator Control Panelboard Product Models, Descriptions and Specifications
12.5.4 Thames Valley Controls Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Thames Valley Controls Elevator Control Panelboard Sales by Product in 2024
12.5.6 Thames Valley Controls Elevator Control Panelboard Sales by Application in 2024
12.5.7 Thames Valley Controls Elevator Control Panelboard Sales by Geographic Area in 2024
12.5.8 Thames Valley Controls Elevator Control Panelboard SWOT Analysis
12.5.9 Thames Valley Controls Recent Developments
12.6 Nidec MCE
12.6.1 Nidec MCE Corporation Information
12.6.2 Nidec MCE Business Overview
12.6.3 Nidec MCE Elevator Control Panelboard Product Models, Descriptions and Specifications
12.6.4 Nidec MCE Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Nidec MCE Recent Developments
12.7 Honeywell International
12.7.1 Honeywell International Corporation Information
12.7.2 Honeywell International Business Overview
12.7.3 Honeywell International Elevator Control Panelboard Product Models, Descriptions and Specifications
12.7.4 Honeywell International Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Honeywell International Recent Developments
12.8 Otis Elevators
12.8.1 Otis Elevators Corporation Information
12.8.2 Otis Elevators Business Overview
12.8.3 Otis Elevators Elevator Control Panelboard Product Models, Descriptions and Specifications
12.8.4 Otis Elevators Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Otis Elevators Recent Developments
12.9 BSB Asanor
12.9.1 BSB Asanor Corporation Information
12.9.2 BSB Asanor Business Overview
12.9.3 BSB Asanor Elevator Control Panelboard Product Models, Descriptions and Specifications
12.9.4 BSB Asanor Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 BSB Asanor Recent Developments
12.10 Texas Instruments
12.10.1 Texas Instruments Corporation Information
12.10.2 Texas Instruments Business Overview
12.10.3 Texas Instruments Elevator Control Panelboard Product Models, Descriptions and Specifications
12.10.4 Texas Instruments Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.5 Texas Instruments Recent Developments
12.11 Eaton Electronics
12.11.1 Eaton Electronics Corporation Information
12.11.2 Eaton Electronics Business Overview
12.11.3 Eaton Electronics Elevator Control Panelboard Product Models, Descriptions and Specifications
12.11.4 Eaton Electronics Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.5 Eaton Electronics Recent Developments
12.12 TAL Engineering
12.12.1 TAL Engineering Corporation Information
12.12.2 TAL Engineering Business Overview
12.12.3 TAL Engineering Elevator Control Panelboard Product Models, Descriptions and Specifications
12.12.4 TAL Engineering Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.12.5 TAL Engineering Recent Developments
12.13 Gefram
12.13.1 Gefram Corporation Information
12.13.2 Gefram Business Overview
12.13.3 Gefram Elevator Control Panelboard Product Models, Descriptions and Specifications
12.13.4 Gefram Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.13.5 Gefram Recent Developments
12.14 Arkel
12.14.1 Arkel Corporation Information
12.14.2 Arkel Business Overview
12.14.3 Arkel Elevator Control Panelboard Product Models, Descriptions and Specifications
12.14.4 Arkel Elevator Control Panelboard Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.14.5 Arkel Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Elevator Control Panelboard Industry Chain
13.2 Elevator Control Panelboard Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Elevator Control Panelboard Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Elevator Control Panelboard Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Elevator Control Panelboard Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Elevator Control Panelboard Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
List of Tables
Table 1. Global Elevator Control Panelboard Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Table 2. Global Elevator Control Panelboard Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Table 3. Global Elevator Control Panelboard Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 4. Global Elevator Control Panelboard Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global Elevator Control Panelboard Revenue by Region (2026-2031) & (US$ Million)
Table 6. Global Elevator Control Panelboard Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
Table 7. Global Elevator Control Panelboard Sales by Region (2020-2025) & (K Units)
Table 8. Global Elevator Control Panelboard Sales by Region (2026-2031) & (K Units)
Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 10. Global Elevator Control Panelboard Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (K Units)
Table 11. Global Elevator Control Panelboard Production by Region (2020-2025) & (K Units)
Table 12. Global Elevator Control Panelboard Production by Region (2026-2031) & (K Units)
Table 13. Global Elevator Control Panelboard Sales by Manufacturers (2020-2025) & (K Units)
Table 14. Global Elevator Control Panelboard Sales Share by Manufacturers (2020-2025)
Table 15. Global Elevator Control Panelboard Revenue by Manufacturers (2020-2025) & (US$ Million)
Table 16. Global Elevator Control Panelboard Revenue Market Share by Manufacturers (2020-2025)
Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
Table 18. Global Elevator Control Panelboard by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Elevator Control Panelboard as of 2024)
Table 19. Global Elevator Control Panelboard Average Gross Margin (%) by Manufacturer (2020 VS 2024)
Table 20. Global Elevator Control Panelboard Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
Table 21. Key Manufacturers Elevator Control Panelboard Manufacturing Base and Headquarters
Table 22. Global Elevator Control Panelboard Market Concentration Ratio (CR5 and HHI)
Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 25. Global Elevator Control Panelboard Sales by Type (2020-2025) & (K Units)
Table 26. Global Elevator Control Panelboard Sales by Type (2026-2031) & (K Units)
Table 27. Global Elevator Control Panelboard Revenue by Type (2020-2025) & (US$ Million)
Table 28. Global Elevator Control Panelboard Revenue by Type (2026-2031) & (US$ Million)
Table 29. Global Elevator Control Panelboard ASP by Type (2020-2031) & (US$/Unit)
Table 30. Technical Specifications by Key Product Type
Table 31. Global Elevator Control Panelboard Sales by Application (2020-2025) & (K Units)
Table 32. Global Elevator Control Panelboard Sales by Application (2026-2031) & (K Units)
Table 33. Elevator Control Panelboard High-Growth Sectors Demand CAGR (2024-2031)
Table 34. Global Elevator Control Panelboard Revenue by Application (2020-2025) & (US$ Million)
Table 35. Global Elevator Control Panelboard Revenue by Application (2026-2031) & (US$ Million)
Table 36. Global Elevator Control Panelboard ASP by Application (2020-2031) & (US$/Unit)
Table 37. Top Customers by Region
Table 38. Top Customers by Application
Table 39. North America Elevator Control Panelboard Growth Accelerators and Market Barriers
Table 40. North America Elevator Control Panelboard Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 41. North America Elevator Control Panelboard Sales (K Units) by Country (2020 VS 2024 VS 2031)
Table 42. Europe Elevator Control Panelboard Growth Accelerators and Market Barriers
Table 43. Europe Elevator Control Panelboard Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 44. Europe Elevator Control Panelboard Sales (K Units) by Country (2020 VS 2024 VS 2031)
Table 45. Asia-Pacific Elevator Control Panelboard Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 46. Asia-Pacific Elevator Control Panelboard Sales (K Units) by Country (2020 VS 2024 VS 2031)
Table 47. Asia-Pacific Elevator Control Panelboard Growth Accelerators and Market Barriers
Table 48. Southeast Asia Elevator Control Panelboard Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 49. Central and South America Elevator Control Panelboard Investment Opportunities and Key Challenges
Table 50. Central and South America Elevator Control Panelboard Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 51. Middle East and Africa Elevator Control Panelboard Investment Opportunities and Key Challenges
Table 52. Middle East and Africa Elevator Control Panelboard Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 53. Hitachi Corporation Information
Table 54. Hitachi Description and Major Businesses
Table 55. Hitachi Product Models, Descriptions and Specifications
Table 56. Hitachi Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 57. Hitachi Sales Value Proportion by Product in 2024
Table 58. Hitachi Sales Value Proportion by Application in 2024
Table 59. Hitachi Sales Value Proportion by Geographic Area in 2024
Table 60. Hitachi Elevator Control Panelboard SWOT Analysis
Table 61. Hitachi Recent Developments
Table 62. Hyundai Elevator Corporation Information
Table 63. Hyundai Elevator Description and Major Businesses
Table 64. Hyundai Elevator Product Models, Descriptions and Specifications
Table 65. Hyundai Elevator Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 66. Hyundai Elevator Sales Value Proportion by Product in 2024
Table 67. Hyundai Elevator Sales Value Proportion by Application in 2024
Table 68. Hyundai Elevator Sales Value Proportion by Geographic Area in 2024
Table 69. Hyundai Elevator Elevator Control Panelboard SWOT Analysis
Table 70. Hyundai Elevator Recent Developments
Table 71. Toshiba Elevators and Building Systems Corporation Information
Table 72. Toshiba Elevators and Building Systems Description and Major Businesses
Table 73. Toshiba Elevators and Building Systems Product Models, Descriptions and Specifications
Table 74. Toshiba Elevators and Building Systems Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 75. Toshiba Elevators and Building Systems Sales Value Proportion by Product in 2024
Table 76. Toshiba Elevators and Building Systems Sales Value Proportion by Application in 2024
Table 77. Toshiba Elevators and Building Systems Sales Value Proportion by Geographic Area in 2024
Table 78. Toshiba Elevators and Building Systems Elevator Control Panelboard SWOT Analysis
Table 79. Toshiba Elevators and Building Systems Recent Developments
Table 80. Mitsubishi Electric Corporation Information
Table 81. Mitsubishi Electric Description and Major Businesses
Table 82. Mitsubishi Electric Product Models, Descriptions and Specifications
Table 83. Mitsubishi Electric Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 84. Mitsubishi Electric Sales Value Proportion by Product in 2024
Table 85. Mitsubishi Electric Sales Value Proportion by Application in 2024
Table 86. Mitsubishi Electric Sales Value Proportion by Geographic Area in 2024
Table 87. Mitsubishi Electric Elevator Control Panelboard SWOT Analysis
Table 88. Mitsubishi Electric Recent Developments
Table 89. Thames Valley Controls Corporation Information
Table 90. Thames Valley Controls Description and Major Businesses
Table 91. Thames Valley Controls Product Models, Descriptions and Specifications
Table 92. Thames Valley Controls Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 93. Thames Valley Controls Sales Value Proportion by Product in 2024
Table 94. Thames Valley Controls Sales Value Proportion by Application in 2024
Table 95. Thames Valley Controls Sales Value Proportion by Geographic Area in 2024
Table 96. Thames Valley Controls Elevator Control Panelboard SWOT Analysis
Table 97. Thames Valley Controls Recent Developments
Table 98. Nidec MCE Corporation Information
Table 99. Nidec MCE Description and Major Businesses
Table 100. Nidec MCE Product Models, Descriptions and Specifications
Table 101. Nidec MCE Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 102. Nidec MCE Recent Developments
Table 103. Honeywell International Corporation Information
Table 104. Honeywell International Description and Major Businesses
Table 105. Honeywell International Product Models, Descriptions and Specifications
Table 106. Honeywell International Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 107. Honeywell International Recent Developments
Table 108. Otis Elevators Corporation Information
Table 109. Otis Elevators Description and Major Businesses
Table 110. Otis Elevators Product Models, Descriptions and Specifications
Table 111. Otis Elevators Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 112. Otis Elevators Recent Developments
Table 113. BSB Asanor Corporation Information
Table 114. BSB Asanor Description and Major Businesses
Table 115. BSB Asanor Product Models, Descriptions and Specifications
Table 116. BSB Asanor Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 117. BSB Asanor Recent Developments
Table 118. Texas Instruments Corporation Information
Table 119. Texas Instruments Description and Major Businesses
Table 120. Texas Instruments Product Models, Descriptions and Specifications
Table 121. Texas Instruments Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 122. Texas Instruments Recent Developments
Table 123. Eaton Electronics Corporation Information
Table 124. Eaton Electronics Description and Major Businesses
Table 125. Eaton Electronics Product Models, Descriptions and Specifications
Table 126. Eaton Electronics Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 127. Eaton Electronics Recent Developments
Table 128. TAL Engineering Corporation Information
Table 129. TAL Engineering Description and Major Businesses
Table 130. TAL Engineering Product Models, Descriptions and Specifications
Table 131. TAL Engineering Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 132. TAL Engineering Recent Developments
Table 133. Gefram Corporation Information
Table 134. Gefram Description and Major Businesses
Table 135. Gefram Product Models, Descriptions and Specifications
Table 136. Gefram Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 137. Gefram Recent Developments
Table 138. Arkel Corporation Information
Table 139. Arkel Description and Major Businesses
Table 140. Arkel Product Models, Descriptions and Specifications
Table 141. Arkel Capacity, Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 142. Arkel Recent Developments
Table 143. Key Raw Materials Distribution
Table 144. Raw Materials Key Suppliers
Table 145. Critical Raw Material Supplier Concentration (2024) & Risk Index
Table 146. Milestones in Production Technology Evolution
Table 147. Distributors List
Table 148. Market Trends and Market Evolution
Table 149. Market Drivers and Opportunities
Table 150. Market Challenges, Risks, and Restraints
Table 151. Research Programs/Design for This Report
Table 152. Key Data Information from Secondary Sources
Table 153. Key Data Information from Primary Sources
List of Figures
Figure 1. Elevator Control Panelboard Product Picture
Figure 2. Global Elevator Control Panelboard Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Relay-based Controller Product Picture
Figure 4. Microprocessor-based Controller Product Picture
Figure 5. PLC-based Controller Product Picture
Figure 6. Global Elevator Control Panelboard Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Figure 7. Passenger Elevators
Figure 8. Freight Elevators
Figure 9. Service Elevators
Figure 10. Others
Figure 11. Elevator Control Panelboard Report Years Considered
Figure 12. Global Elevator Control Panelboard Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 13. Global Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 14. Global Elevator Control Panelboard Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 15. Global Elevator Control Panelboard Revenue Market Share by Region (2020-2031)
Figure 16. Global Elevator Control Panelboard Sales (2020-2031) & (K Units)
Figure 17. Global Elevator Control Panelboard Sales (CAGR) by Region (2020-2031) (K Units)
Figure 18. Global Elevator Control Panelboard Sales Market Share by Region (2020-2031)
Figure 19. Global Elevator Control Panelboard Capacity, Production and Utilization (2020-2031) & (K Units)
Figure 20. Global Elevator Control Panelboard Production Trend by Region (2020-2031) (K Units)
Figure 21. Global Elevator Control Panelboard Production Market Share by Region (2020-2031)
Figure 22. Production Capacity Enablers & Constraints
Figure 23. Elevator Control Panelboard Production Growth Rate in North America (2020-2031) & (K Units)
Figure 24. Elevator Control Panelboard Production Growth Rate in Europe (2020-2031) & (K Units)
Figure 25. Elevator Control Panelboard Production Growth Rate in China (2020-2031) & (K Units)
Figure 26. Elevator Control Panelboard Production Growth Rate in Japan (2020-2031) & (K Units)
Figure 27. Top 5 and Top 10 Manufacturers Elevator Control Panelboard Sales Volume Market Share in 2024
Figure 28. Global Elevator Control Panelboard Revenue Market Share Ranking (2024)
Figure 29. Tier Distribution by Revenue Contribution (2020 VS 2024)
Figure 30. Relay-based Controller Revenue Market Share by Manufacturer in 2024
Figure 31. Microprocessor-based Controller Revenue Market Share by Manufacturer in 2024
Figure 32. PLC-based Controller Revenue Market Share by Manufacturer in 2024
Figure 33. Type Eight Revenue Market Share by Manufacturer in 2024
Figure 34. Type Nine Revenue Market Share by Manufacturer in 2024
Figure 35. Global Elevator Control Panelboard Sales Market Share by Type (2020-2031)
Figure 36. Global Elevator Control Panelboard Revenue Market Share by Type (2020-2031)
Figure 37. Global Elevator Control Panelboard Sales Market Share by Application (2020-2031)
Figure 38. Global Elevator Control Panelboard Revenue Market Share by Application (2020-2031)
Figure 39. North America Elevator Control Panelboard Sales YoY (2020-2031) & (K Units)
Figure 40. North America Elevator Control Panelboard Revenue YoY (2020-2031) & (US$ Million)
Figure 41. North America Top 5 Manufacturers Elevator Control Panelboard Sales Revenue (US$ Million) in 2024
Figure 42. North America Elevator Control Panelboard Sales Volume (K Units) by Type (2020- 2031)
Figure 43. North America Elevator Control Panelboard Sales Revenue (US$ Million) by Type (2020 - 2031)
Figure 44. North America Elevator Control Panelboard Sales Volume (K Units) by Application (2020-2031)
Figure 45. North America Elevator Control Panelboard Sales Revenue (US$ Million) by Application (2020-2031)
Figure 46. US Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 47. Canada Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 48. Mexico Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 49. Europe Elevator Control Panelboard Sales YoY (2020-2031) & (K Units)
Figure 50. Europe Elevator Control Panelboard Revenue YoY (2020-2031) & (US$ Million)
Figure 51. Europe Top 5 Manufacturers Elevator Control Panelboard Sales Revenue (US$ Million) in 2024
Figure 52. Europe Elevator Control Panelboard Sales Volume (K Units) by Type (2020-2031)
Figure 53. Europe Elevator Control Panelboard Sales Revenue (US$ Million) by Type (2020-2031)
Figure 54. Europe Elevator Control Panelboard Sales Volume (K Units) by Application (2020-2031)
Figure 55. Europe Elevator Control Panelboard Sales Revenue (US$ Million) by Application (2020-2031)
Figure 56. Germany Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 57. France Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 58. U.K. Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 59. Italy Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 60. Russia Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 61. Asia-Pacific Elevator Control Panelboard Sales YoY (2020-2031) & (K Units)
Figure 62. Asia-Pacific Elevator Control Panelboard Revenue YoY (2020-2031) & (US$ Million)
Figure 63. Asia-Pacific Top 8 Manufacturers Elevator Control Panelboard Sales Revenue (US$ Million) in 2024
Figure 64. Asia-Pacific Elevator Control Panelboard Sales Volume (K Units) by Type (2020- 2031)
Figure 65. Asia-Pacific Elevator Control Panelboard Sales Revenue (US$ Million) by Type (2020- 2031)
Figure 66. Asia-Pacific Elevator Control Panelboard Sales Volume (K Units) by Application (2020-2031)
Figure 67. Asia-Pacific Elevator Control Panelboard Sales Revenue (US$ Million) by Application (2020-2031)
Figure 68. Indonesia Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 69. Japan Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 70. South Korea Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 71. China Taiwan Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 72. India Elevator Control Panelboard Revenue (2020-2031) & (US$ Million)
Figure 73. Central and South America Elevator Control Panelboard Sales YoY (2020-2031) & (K Units)
Figure 74. Central and South America Elevator Control Panelboard Revenue YoY (2020-2031) & (US$ Million)
Figure 75. Central and South America Top 5 Manufacturers Elevator Control Panelboard Sales Revenue (US$ Million) in 2024
Figure 76. Central and South America Elevator Control Panelboard Sales Volume (K Units) by Type (2021-2031)
Figure 77. Central and South America Elevator Control Panelboard Sales Revenue (US$ Million) by Type (2020-2031)
Figure 78. Central and South America Elevator Control Panelboard Sales Volume (K Units) by Application (2020-2031)
Figure 79. Central and South America Elevator Control Panelboard Sales Revenue (US$ Million) by Application (2020-2031)
Figure 80. Brazil Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 81. Argentina Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 82. Middle East, and Africa Elevator Control Panelboard Sales YoY (2020-2031) & (K Units)
Figure 83. Middle East and Africa Elevator Control Panelboard Revenue YoY (2020-2031) & (US$ Million)
Figure 84. Middle East and Africa Top 5 Manufacturers Elevator Control Panelboard Sales Revenue (US$ Million) in 2024
Figure 85. Middle East and Africa Elevator Control Panelboard Sales Volume (K Units) by Type (2021-2031)
Figure 86. South America Elevator Control Panelboard Sales Revenue (US$ Million) by Type (2020-2031)
Figure 87. Middle East and Africa Elevator Control Panelboard Sales Volume (K Units) by Application (2020-2031)
Figure 88. Middle East and Africa Elevator Control Panelboard Sales Revenue (US$ Million) by Application (2020-2031)
Figure 89. GCC Countries Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 90. Turkey Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 91. Egypt Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 92. South Africa Elevator Control Panelboard Revenue (2020-2025) & (US$ Million)
Figure 93. Elevator Control Panelboard Industry Chain Mapping
Figure 94. Regional Elevator Control Panelboard Manufacturing Base Distribution (%)
Figure 95. Elevator Control Panelboard Production Process
Figure 96. Regional Elevator Control Panelboard Production Cost Structure
Figure 97. Channels of Distribution (Direct Vs Distribution)
Figure 98. Bottom-up and Top-down Approaches for This Report
Figure 99. Data Triangulation
Figure 100. Key Executives Interviewed
