The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Elevator Safety Overspeed Governors Market Research Report 2025
Synopsis
An overspeed governor is an elevator device which acts as a stopping mechanism in case the elevator runs beyond its rated speed. This device must be installed in traction elevators and roped hydraulic elevators.
Global Elevator Safety Overspeed Governors market is projected to reach US$ 648.8 million in 2029, increasing from US$ 429.6 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Elevator Safety Overspeed Governors market research.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Elevator Safety Overspeed Governors market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Wittur
Mitsubishi Electric
Toshiba
Otis
AKSÖZ Makina
Montanari Giulio
Bode Components
PFB
Hitachi
Gervall
Dynatech
Schindler
Delco
Fujitec
Thyssenkrupp
Sautter Lift Components
Ningbo Xinda Group
Hebei Dongfang Fuda Machinery
Segment by Type
One-Way Speed Limiter
Two-Way Speed Limiter
Segment by Application
Commercial
Industrial
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Elevator Safety Overspeed Governors report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
An overspeed governor is an elevator device which acts as a stopping mechanism in case the elevator runs beyond its rated speed. This device must be installed in traction elevators and roped hydraulic elevators.
Global Elevator Safety Overspeed Governors market is projected to reach US$ 648.8 million in 2029, increasing from US$ 429.6 million in 2022, with the CAGR of 5.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Elevator Safety Overspeed Governors market research.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Elevator Safety Overspeed Governors market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Wittur
Mitsubishi Electric
Toshiba
Otis
AKSÖZ Makina
Montanari Giulio
Bode Components
PFB
Hitachi
Gervall
Dynatech
Schindler
Delco
Fujitec
Thyssenkrupp
Sautter Lift Components
Ningbo Xinda Group
Hebei Dongfang Fuda Machinery
Segment by Type
One-Way Speed Limiter
Two-Way Speed Limiter
Segment by Application
Commercial
Industrial
Residential
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Elevator Safety Overspeed Governors report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Elevator Safety Overspeed Governors Market Overview
1.1 Product Definition
1.2 Elevator Safety Overspeed Governors Segment by Type
1.2.1 Global Elevator Safety Overspeed Governors Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 One-Way Speed Limiter
1.2.3 Two-Way Speed Limiter
1.3 Elevator Safety Overspeed Governors Segment by Application
1.3.1 Global Elevator Safety Overspeed Governors Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Commercial
1.3.3 Industrial
1.3.4 Residential
1.4 Global Market Growth Prospects
1.4.1 Global Elevator Safety Overspeed Governors Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Elevator Safety Overspeed Governors Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Elevator Safety Overspeed Governors Production Estimates and Forecasts (2018-2029)
1.4.4 Global Elevator Safety Overspeed Governors Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator Safety Overspeed Governors Production Market Share by Manufacturers (2018-2023)
2.2 Global Elevator Safety Overspeed Governors Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Elevator Safety Overspeed Governors, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Elevator Safety Overspeed Governors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Elevator Safety Overspeed Governors Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Elevator Safety Overspeed Governors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator Safety Overspeed Governors, Product Offered and Application
2.8 Global Key Manufacturers of Elevator Safety Overspeed Governors, Date of Enter into This Industry
2.9 Elevator Safety Overspeed Governors Market Competitive Situation and Trends
2.9.1 Elevator Safety Overspeed Governors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator Safety Overspeed Governors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator Safety Overspeed Governors Production by Region
3.1 Global Elevator Safety Overspeed Governors Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Elevator Safety Overspeed Governors Production Value by Region (2018-2029)
3.2.1 Global Elevator Safety Overspeed Governors Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Elevator Safety Overspeed Governors by Region (2024-2029)
3.3 Global Elevator Safety Overspeed Governors Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Elevator Safety Overspeed Governors Production by Region (2018-2029)
3.4.1 Global Elevator Safety Overspeed Governors Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Elevator Safety Overspeed Governors by Region (2024-2029)
3.5 Global Elevator Safety Overspeed Governors Market Price Analysis by Region (2018-2023)
3.6 Global Elevator Safety Overspeed Governors Production and Value, Year-over-Year Growth
3.6.1 North America Elevator Safety Overspeed Governors Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Elevator Safety Overspeed Governors Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Elevator Safety Overspeed Governors Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Elevator Safety Overspeed Governors Production Value Estimates and Forecasts (2018-2029)
4 Elevator Safety Overspeed Governors Consumption by Region
4.1 Global Elevator Safety Overspeed Governors Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Elevator Safety Overspeed Governors Consumption by Region (2018-2029)
4.2.1 Global Elevator Safety Overspeed Governors Consumption by Region (2018-2023)
4.2.2 Global Elevator Safety Overspeed Governors Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Elevator Safety Overspeed Governors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Elevator Safety Overspeed Governors Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator Safety Overspeed Governors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Elevator Safety Overspeed Governors Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Elevator Safety Overspeed Governors Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Elevator Safety Overspeed Governors Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Elevator Safety Overspeed Governors Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Elevator Safety Overspeed Governors Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Elevator Safety Overspeed Governors Production by Type (2018-2029)
5.1.1 Global Elevator Safety Overspeed Governors Production by Type (2018-2023)
5.1.2 Global Elevator Safety Overspeed Governors Production by Type (2024-2029)
5.1.3 Global Elevator Safety Overspeed Governors Production Market Share by Type (2018-2029)
5.2 Global Elevator Safety Overspeed Governors Production Value by Type (2018-2029)
5.2.1 Global Elevator Safety Overspeed Governors Production Value by Type (2018-2023)
5.2.2 Global Elevator Safety Overspeed Governors Production Value by Type (2024-2029)
5.2.3 Global Elevator Safety Overspeed Governors Production Value Market Share by Type (2018-2029)
5.3 Global Elevator Safety Overspeed Governors Price by Type (2018-2029)
6 Segment by Application
6.1 Global Elevator Safety Overspeed Governors Production by Application (2018-2029)
6.1.1 Global Elevator Safety Overspeed Governors Production by Application (2018-2023)
6.1.2 Global Elevator Safety Overspeed Governors Production by Application (2024-2029)
6.1.3 Global Elevator Safety Overspeed Governors Production Market Share by Application (2018-2029)
6.2 Global Elevator Safety Overspeed Governors Production Value by Application (2018-2029)
6.2.1 Global Elevator Safety Overspeed Governors Production Value by Application (2018-2023)
6.2.2 Global Elevator Safety Overspeed Governors Production Value by Application (2024-2029)
6.2.3 Global Elevator Safety Overspeed Governors Production Value Market Share by Application (2018-2029)
6.3 Global Elevator Safety Overspeed Governors Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Wittur
7.1.1 Wittur Elevator Safety Overspeed Governors Corporation Information
7.1.2 Wittur Elevator Safety Overspeed Governors Product Portfolio
7.1.3 Wittur Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Wittur Main Business and Markets Served
7.1.5 Wittur Recent Developments/Updates
7.2 Mitsubishi Electric
7.2.1 Mitsubishi Electric Elevator Safety Overspeed Governors Corporation Information
7.2.2 Mitsubishi Electric Elevator Safety Overspeed Governors Product Portfolio
7.2.3 Mitsubishi Electric Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Mitsubishi Electric Main Business and Markets Served
7.2.5 Mitsubishi Electric Recent Developments/Updates
7.3 Toshiba
7.3.1 Toshiba Elevator Safety Overspeed Governors Corporation Information
7.3.2 Toshiba Elevator Safety Overspeed Governors Product Portfolio
7.3.3 Toshiba Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Toshiba Main Business and Markets Served
7.3.5 Toshiba Recent Developments/Updates
7.4 Otis
7.4.1 Otis Elevator Safety Overspeed Governors Corporation Information
7.4.2 Otis Elevator Safety Overspeed Governors Product Portfolio
7.4.3 Otis Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Otis Main Business and Markets Served
7.4.5 Otis Recent Developments/Updates
7.5 AKSÖZ Makina
7.5.1 AKSÖZ Makina Elevator Safety Overspeed Governors Corporation Information
7.5.2 AKSÖZ Makina Elevator Safety Overspeed Governors Product Portfolio
7.5.3 AKSÖZ Makina Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.5.4 AKSÖZ Makina Main Business and Markets Served
7.5.5 AKSÖZ Makina Recent Developments/Updates
7.6 Montanari Giulio
7.6.1 Montanari Giulio Elevator Safety Overspeed Governors Corporation Information
7.6.2 Montanari Giulio Elevator Safety Overspeed Governors Product Portfolio
7.6.3 Montanari Giulio Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Montanari Giulio Main Business and Markets Served
7.6.5 Montanari Giulio Recent Developments/Updates
7.7 Bode Components
7.7.1 Bode Components Elevator Safety Overspeed Governors Corporation Information
7.7.2 Bode Components Elevator Safety Overspeed Governors Product Portfolio
7.7.3 Bode Components Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Bode Components Main Business and Markets Served
7.7.5 Bode Components Recent Developments/Updates
7.8 PFB
7.8.1 PFB Elevator Safety Overspeed Governors Corporation Information
7.8.2 PFB Elevator Safety Overspeed Governors Product Portfolio
7.8.3 PFB Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.8.4 PFB Main Business and Markets Served
7.7.5 PFB Recent Developments/Updates
7.9 Hitachi
7.9.1 Hitachi Elevator Safety Overspeed Governors Corporation Information
7.9.2 Hitachi Elevator Safety Overspeed Governors Product Portfolio
7.9.3 Hitachi Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Hitachi Main Business and Markets Served
7.9.5 Hitachi Recent Developments/Updates
7.10 Gervall
7.10.1 Gervall Elevator Safety Overspeed Governors Corporation Information
7.10.2 Gervall Elevator Safety Overspeed Governors Product Portfolio
7.10.3 Gervall Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Gervall Main Business and Markets Served
7.10.5 Gervall Recent Developments/Updates
7.11 Dynatech
7.11.1 Dynatech Elevator Safety Overspeed Governors Corporation Information
7.11.2 Dynatech Elevator Safety Overspeed Governors Product Portfolio
7.11.3 Dynatech Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Dynatech Main Business and Markets Served
7.11.5 Dynatech Recent Developments/Updates
7.12 Schindler
7.12.1 Schindler Elevator Safety Overspeed Governors Corporation Information
7.12.2 Schindler Elevator Safety Overspeed Governors Product Portfolio
7.12.3 Schindler Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Schindler Main Business and Markets Served
7.12.5 Schindler Recent Developments/Updates
7.13 Delco
7.13.1 Delco Elevator Safety Overspeed Governors Corporation Information
7.13.2 Delco Elevator Safety Overspeed Governors Product Portfolio
7.13.3 Delco Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Delco Main Business and Markets Served
7.13.5 Delco Recent Developments/Updates
7.14 Fujitec
7.14.1 Fujitec Elevator Safety Overspeed Governors Corporation Information
7.14.2 Fujitec Elevator Safety Overspeed Governors Product Portfolio
7.14.3 Fujitec Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Fujitec Main Business and Markets Served
7.14.5 Fujitec Recent Developments/Updates
7.15 Thyssenkrupp
7.15.1 Thyssenkrupp Elevator Safety Overspeed Governors Corporation Information
7.15.2 Thyssenkrupp Elevator Safety Overspeed Governors Product Portfolio
7.15.3 Thyssenkrupp Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Thyssenkrupp Main Business and Markets Served
7.15.5 Thyssenkrupp Recent Developments/Updates
7.16 Sautter Lift Components
7.16.1 Sautter Lift Components Elevator Safety Overspeed Governors Corporation Information
7.16.2 Sautter Lift Components Elevator Safety Overspeed Governors Product Portfolio
7.16.3 Sautter Lift Components Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Sautter Lift Components Main Business and Markets Served
7.16.5 Sautter Lift Components Recent Developments/Updates
7.17 Ningbo Xinda Group
7.17.1 Ningbo Xinda Group Elevator Safety Overspeed Governors Corporation Information
7.17.2 Ningbo Xinda Group Elevator Safety Overspeed Governors Product Portfolio
7.17.3 Ningbo Xinda Group Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Ningbo Xinda Group Main Business and Markets Served
7.17.5 Ningbo Xinda Group Recent Developments/Updates
7.18 Hebei Dongfang Fuda Machinery
7.18.1 Hebei Dongfang Fuda Machinery Elevator Safety Overspeed Governors Corporation Information
7.18.2 Hebei Dongfang Fuda Machinery Elevator Safety Overspeed Governors Product Portfolio
7.18.3 Hebei Dongfang Fuda Machinery Elevator Safety Overspeed Governors Production, Value, Price and Gross Margin (2018-2023)
7.18.4 Hebei Dongfang Fuda Machinery Main Business and Markets Served
7.18.5 Hebei Dongfang Fuda Machinery Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator Safety Overspeed Governors Industry Chain Analysis
8.2 Elevator Safety Overspeed Governors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator Safety Overspeed Governors Production Mode & Process
8.4 Elevator Safety Overspeed Governors Sales and Marketing
8.4.1 Elevator Safety Overspeed Governors Sales Channels
8.4.2 Elevator Safety Overspeed Governors Distributors
8.5 Elevator Safety Overspeed Governors Customers
9 Elevator Safety Overspeed Governors Market Dynamics
9.1 Elevator Safety Overspeed Governors Industry Trends
9.2 Elevator Safety Overspeed Governors Market Drivers
9.3 Elevator Safety Overspeed Governors Market Challenges
9.4 Elevator Safety Overspeed Governors Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
