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Overspeed Governor-Global Market Insights and Sales Trends 2025
Synopsis
The global Overspeed Governor market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Overspeed Governor in various end use industries. The expanding demands from the Mall, Office Building, Industrial and Other, are propelling Overspeed Governor market. One-Way Speed Limiter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Two-Way Speed Limiter segment is estimated at % CAGR for the next seven-year period.
The overspeed governor is a safety device used in various applications, particularly in elevators and certain industrial machines, to prevent them from exceeding a safe operating speed. The driving factors for the overspeed governor market include:
Safety Regulations and Standards: Safety regulations and standards in industries such as elevators, construction, and industrial machinery often mandate the installation of overspeed governors to ensure the safety of users and operators.
Risk Mitigation: Overspeed governors play a crucial role in mitigating the risk of accidents and potential damage that may occur if equipment operates at unsafe speeds.
Increasing Urbanization and Infrastructure Development: The growing construction and infrastructure development in urban areas drive the demand for elevators and escalators, which, in turn, increases the need for overspeed governors in these systems.
Industrial Automation: As industries increasingly adopt automation and robotics, the use of overspeed governors becomes necessary to ensure the safety of high-speed machines and automated systems.
Focus on Passenger and Worker Safety: Safety concerns for passengers in elevators and workers in industrial settings drive the adoption of overspeed governors as a safety precaution.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Overspeed Governor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Overspeed Governor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Overspeed Governor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Overspeed Governor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Overspeed Governor covered in this report include Wittur (Germany), SLC Sautter Lift (Germany), BODE Components (Germany), DYNATECH (Spain), P.F.B. (Italy), Shanghai Liftech (China), Ningbo Xinda (China), Dongfang Fuda (China) and Tianjin Guotai (China), etc.
The global Overspeed Governor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wittur (Germany)
SLC Sautter Lift (Germany)
BODE Components (Germany)
DYNATECH (Spain)
P.F.B. (Italy)
Shanghai Liftech (China)
Ningbo Xinda (China)
Dongfang Fuda (China)
Tianjin Guotai (China)
Ningbo Shenling (China)
Ningbo Aodepu (China)
Global Overspeed Governor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Overspeed Governor market, Segment by Type:
One-Way Speed Limiter
Two-Way Speed Limiter
Global Overspeed Governor market, by Application
Mall
Office Building
Industrial
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Overspeed Governor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Overspeed Governor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Overspeed Governor market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Overspeed Governor in various end use industries. The expanding demands from the Mall, Office Building, Industrial and Other, are propelling Overspeed Governor market. One-Way Speed Limiter, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Two-Way Speed Limiter segment is estimated at % CAGR for the next seven-year period.
The overspeed governor is a safety device used in various applications, particularly in elevators and certain industrial machines, to prevent them from exceeding a safe operating speed. The driving factors for the overspeed governor market include:
Safety Regulations and Standards: Safety regulations and standards in industries such as elevators, construction, and industrial machinery often mandate the installation of overspeed governors to ensure the safety of users and operators.
Risk Mitigation: Overspeed governors play a crucial role in mitigating the risk of accidents and potential damage that may occur if equipment operates at unsafe speeds.
Increasing Urbanization and Infrastructure Development: The growing construction and infrastructure development in urban areas drive the demand for elevators and escalators, which, in turn, increases the need for overspeed governors in these systems.
Industrial Automation: As industries increasingly adopt automation and robotics, the use of overspeed governors becomes necessary to ensure the safety of high-speed machines and automated systems.
Focus on Passenger and Worker Safety: Safety concerns for passengers in elevators and workers in industrial settings drive the adoption of overspeed governors as a safety precaution.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Overspeed Governor, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Overspeed Governor market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Overspeed Governor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Overspeed Governor sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Overspeed Governor covered in this report include Wittur (Germany), SLC Sautter Lift (Germany), BODE Components (Germany), DYNATECH (Spain), P.F.B. (Italy), Shanghai Liftech (China), Ningbo Xinda (China), Dongfang Fuda (China) and Tianjin Guotai (China), etc.
The global Overspeed Governor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Wittur (Germany)
SLC Sautter Lift (Germany)
BODE Components (Germany)
DYNATECH (Spain)
P.F.B. (Italy)
Shanghai Liftech (China)
Ningbo Xinda (China)
Dongfang Fuda (China)
Tianjin Guotai (China)
Ningbo Shenling (China)
Ningbo Aodepu (China)
Global Overspeed Governor market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Overspeed Governor market, Segment by Type:
One-Way Speed Limiter
Two-Way Speed Limiter
Global Overspeed Governor market, by Application
Mall
Office Building
Industrial
Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Overspeed Governor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Overspeed Governor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Overspeed Governor Market Overview
1.1 Overspeed Governor Product Overview
1.2 Overspeed Governor Market Segment by Type
1.2.1 One-Way Speed Limiter
1.2.2 Two-Way Speed Limiter
1.3 Global Overspeed Governor Market Size by Type
1.3.1 Global Overspeed Governor Market Size Overview by Type (2018-2029)
1.3.2 Global Overspeed Governor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Overspeed Governor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Overspeed Governor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Overspeed Governor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Overspeed Governor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Overspeed Governor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Overspeed Governor Sales Breakdown by Type (2018-2023)
2 Global Overspeed Governor Market Competition by Company
2.1 Global Top Players by Overspeed Governor Sales (2018-2023)
2.2 Global Top Players by Overspeed Governor Revenue (2018-2023)
2.3 Global Top Players by Overspeed Governor Price (2018-2023)
2.4 Global Top Manufacturers Overspeed Governor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Overspeed Governor Market Competitive Situation and Trends
2.5.1 Overspeed Governor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Overspeed Governor Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Overspeed Governor as of 2022)
2.7 Date of Key Manufacturers Enter into Overspeed Governor Market
2.8 Key Manufacturers Overspeed Governor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Overspeed Governor Status and Outlook by Region
3.1 Global Overspeed Governor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Overspeed Governor Historic Market Size by Region
3.2.1 Global Overspeed Governor Sales in Volume by Region (2018-2023)
3.2.2 Global Overspeed Governor Sales in Value by Region (2018-2023)
3.2.3 Global Overspeed Governor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Overspeed Governor Forecasted Market Size by Region
3.3.1 Global Overspeed Governor Sales in Volume by Region (2024-2029)
3.3.2 Global Overspeed Governor Sales in Value by Region (2024-2029)
3.3.3 Global Overspeed Governor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Overspeed Governor by Application
4.1 Overspeed Governor Market Segment by Application
4.1.1 Mall
4.1.2 Office Building
4.1.3 Industrial
4.1.4 Other
4.2 Global Overspeed Governor Market Size by Application
4.2.1 Global Overspeed Governor Market Size Overview by Application (2018-2029)
4.2.2 Global Overspeed Governor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Overspeed Governor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Overspeed Governor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Overspeed Governor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Overspeed Governor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Overspeed Governor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Overspeed Governor Sales Breakdown by Application (2018-2023)
5 North America Overspeed Governor by Country
5.1 North America Overspeed Governor Historic Market Size by Country
5.1.1 North America Overspeed Governor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Overspeed Governor Sales in Volume by Country (2018-2023)
5.1.3 North America Overspeed Governor Sales in Value by Country (2018-2023)
5.2 North America Overspeed Governor Forecasted Market Size by Country
5.2.1 North America Overspeed Governor Sales in Volume by Country (2024-2029)
5.2.2 North America Overspeed Governor Sales in Value by Country (2024-2029)
6 Europe Overspeed Governor by Country
6.1 Europe Overspeed Governor Historic Market Size by Country
6.1.1 Europe Overspeed Governor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Overspeed Governor Sales in Volume by Country (2018-2023)
6.1.3 Europe Overspeed Governor Sales in Value by Country (2018-2023)
6.2 Europe Overspeed Governor Forecasted Market Size by Country
6.2.1 Europe Overspeed Governor Sales in Volume by Country (2024-2029)
6.2.2 Europe Overspeed Governor Sales in Value by Country (2024-2029)
7 Asia-Pacific Overspeed Governor by Region
7.1 Asia-Pacific Overspeed Governor Historic Market Size by Region
7.1.1 Asia-Pacific Overspeed Governor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Overspeed Governor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Overspeed Governor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Overspeed Governor Forecasted Market Size by Region
7.2.1 Asia-Pacific Overspeed Governor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Overspeed Governor Sales in Value by Region (2024-2029)
8 Latin America Overspeed Governor by Country
8.1 Latin America Overspeed Governor Historic Market Size by Country
8.1.1 Latin America Overspeed Governor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Overspeed Governor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Overspeed Governor Sales in Value by Country (2018-2023)
8.2 Latin America Overspeed Governor Forecasted Market Size by Country
8.2.1 Latin America Overspeed Governor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Overspeed Governor Sales in Value by Country (2024-2029)
9 Middle East and Africa Overspeed Governor by Country
9.1 Middle East and Africa Overspeed Governor Historic Market Size by Country
9.1.1 Middle East and Africa Overspeed Governor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Overspeed Governor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Overspeed Governor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Overspeed Governor Forecasted Market Size by Country
9.2.1 Middle East and Africa Overspeed Governor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Overspeed Governor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Wittur (Germany)
10.1.1 Wittur (Germany) Company Information
10.1.2 Wittur (Germany) Introduction and Business Overview
10.1.3 Wittur (Germany) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Wittur (Germany) Overspeed Governor Products Offered
10.1.5 Wittur (Germany) Recent Development
10.2 SLC Sautter Lift (Germany)
10.2.1 SLC Sautter Lift (Germany) Company Information
10.2.2 SLC Sautter Lift (Germany) Introduction and Business Overview
10.2.3 SLC Sautter Lift (Germany) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 SLC Sautter Lift (Germany) Overspeed Governor Products Offered
10.2.5 SLC Sautter Lift (Germany) Recent Development
10.3 BODE Components (Germany)
10.3.1 BODE Components (Germany) Company Information
10.3.2 BODE Components (Germany) Introduction and Business Overview
10.3.3 BODE Components (Germany) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BODE Components (Germany) Overspeed Governor Products Offered
10.3.5 BODE Components (Germany) Recent Development
10.4 DYNATECH (Spain)
10.4.1 DYNATECH (Spain) Company Information
10.4.2 DYNATECH (Spain) Introduction and Business Overview
10.4.3 DYNATECH (Spain) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 DYNATECH (Spain) Overspeed Governor Products Offered
10.4.5 DYNATECH (Spain) Recent Development
10.5 P.F.B. (Italy)
10.5.1 P.F.B. (Italy) Company Information
10.5.2 P.F.B. (Italy) Introduction and Business Overview
10.5.3 P.F.B. (Italy) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 P.F.B. (Italy) Overspeed Governor Products Offered
10.5.5 P.F.B. (Italy) Recent Development
10.6 Shanghai Liftech (China)
10.6.1 Shanghai Liftech (China) Company Information
10.6.2 Shanghai Liftech (China) Introduction and Business Overview
10.6.3 Shanghai Liftech (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Shanghai Liftech (China) Overspeed Governor Products Offered
10.6.5 Shanghai Liftech (China) Recent Development
10.7 Ningbo Xinda (China)
10.7.1 Ningbo Xinda (China) Company Information
10.7.2 Ningbo Xinda (China) Introduction and Business Overview
10.7.3 Ningbo Xinda (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ningbo Xinda (China) Overspeed Governor Products Offered
10.7.5 Ningbo Xinda (China) Recent Development
10.8 Dongfang Fuda (China)
10.8.1 Dongfang Fuda (China) Company Information
10.8.2 Dongfang Fuda (China) Introduction and Business Overview
10.8.3 Dongfang Fuda (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Dongfang Fuda (China) Overspeed Governor Products Offered
10.8.5 Dongfang Fuda (China) Recent Development
10.9 Tianjin Guotai (China)
10.9.1 Tianjin Guotai (China) Company Information
10.9.2 Tianjin Guotai (China) Introduction and Business Overview
10.9.3 Tianjin Guotai (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Tianjin Guotai (China) Overspeed Governor Products Offered
10.9.5 Tianjin Guotai (China) Recent Development
10.10 Ningbo Shenling (China)
10.10.1 Ningbo Shenling (China) Company Information
10.10.2 Ningbo Shenling (China) Introduction and Business Overview
10.10.3 Ningbo Shenling (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Ningbo Shenling (China) Overspeed Governor Products Offered
10.10.5 Ningbo Shenling (China) Recent Development
10.11 Ningbo Aodepu (China)
10.11.1 Ningbo Aodepu (China) Company Information
10.11.2 Ningbo Aodepu (China) Introduction and Business Overview
10.11.3 Ningbo Aodepu (China) Overspeed Governor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Ningbo Aodepu (China) Overspeed Governor Products Offered
10.11.5 Ningbo Aodepu (China) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Overspeed Governor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Overspeed Governor Industrial Chain Analysis
11.4 Overspeed Governor Market Dynamics
11.4.1 Overspeed Governor Industry Trends
11.4.2 Overspeed Governor Market Drivers
11.4.3 Overspeed Governor Market Challenges
11.4.4 Overspeed Governor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Overspeed Governor Distributors
12.3 Overspeed Governor Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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