Companies Dominating the Hoist and Elevator Motors Market
- ABB Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Otis Worldwide Corporation
- Demag Cranes & Components GmbH
- Richardson International Limited
- Johnson Controls
Browse Key Market Insights with Data Illustration:
In the News
- ABB announced the release of ABB AbilityTM NGX Hoist Control, a worldwide control system that maximizes hoist operations' performance and safety for mining businesses. Expanding upon ABB's dependable and validated previous iterations of hoist control systems, it offers smaller businesses unprecedented levels of dependability, adaptability, and user-friendliness for new or renovated projects. By standardizing control systems, it can also assist larger businesses in cutting expenses and increasing efficiency.
- Otis Worldwide Corporation (NYSE: OTIS) announced at the 6th China International Import Expo (CIIE) the launch of the 515NPE public escalator and its next-generation smart elevator system, the Otis Gen360TM digital elevator. The goal of both products is to improve the traveler experience by making urban travel safer and more seamless.
