Elevator Guide Rail Market Overview
Product Overview and Scope of Elevator Guide Rail
The elevators consist of several systems that work for transporting goods or passengers between different floors or heights in the building by ensuring smooth and safe movements including guide rolls. An elevator guide roll, also known as a guide roller or guide shoe, is a rolling component used in elevator systems to guide the elevator car along its path (vertical path). The guide rolls are designed to ride along the guide rails by reducing friction and facilitating smooth movement. They are made of durable materials such as polyurethane, nylon, or a combination of materials that can withstand constant use and pressure. They consist of a roller(wheel) that is mounted on an axle, encased within a housing or bracket. The housing is designed to minimize friction and wear while allowing the guide roll moves up and down when the elevators travel in between the floors. The guide rollers also help in distributing the weight of the elevator's car evenly and ensure it's moving along a precise vertical trajectory. The guide rollers play a vital role in the elevator system if an emergency occurs like elevator cable failure or others the guide rolls prevent the elevator car from colliding with the sides of the shaft, and also keep the elevators securely aligned within the shaft by reducing the risk of accidents and providing the protection to the passengers as well as the elevator. The guide rolls vary in various designs and sizes depending on the type of elevator system and the weight of the elevator car.
Functions of elevator guide rolls:
Safety: The elevator guide rolls help to prevent unwanted lateral movements including swaying that could lead to elevator accidents during power failure or other mechanical conditions.
Stability and alignment: The elevator guide rolls maintain the proper alignment of the elevator cars within the shaft by preventing them from rubbing walls and getting jammed.
Load distribution: The elevator guide rolls assist the weight distribution of the elevator cars evenly on guide rails by reducing stress on the overall elevator by enhancing its durability.
Rolling mechanism: The elevator guide rolls, and rolls on the guide rails by rolling mechanism. They also reduce the friction between the rails and move efficiently and smoothly without making any noise.
The various types of elevator guide rolls include polyurethane guide rollers, roller guide shoes, sliding guide shoes, and oil buffer guide shoes.
Elevator Guide Rail Market – Global Industry Analysis
Market Drivers
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Increasing investment in infrastructure is the major driving factor for the global elevator guide rail market.
Rising investment in infrastructure is the key driving factor for the global elevator guide rail market. The infrastructure industry is growing primarily as a result of rapidly expanding manufacturing sectors, rising consumer demand, and government initiatives to improve the economic conditions of the rural population. Infrastructure is one of the primary areas that contribute to constant growth, with governments all over the world focused on implementing laws to ensure the timely creation of world-class infrastructure. The infrastructure industry acts as a catalyst for economic growth, as it promotes the growth of adjacent industries such as housing, construction, townships, and building development projects. The world has evolved, and elevator innovation has played a significant role in the expansion and growth of cities. Elevators have enabled the construction of giant buildings. The world's tallest building, is the Burj Khalifa skyscraper in Dubai, to construct that tall building, elevators are required. This construction would never have been possible on staircases. This will lead to an increase in the growth of the elevator guide rail market.
Furthermore, office buildings are modernized and meant to provide employees with comfort and convenience. The physical environment and infrastructure of the office have a significant impact on employee performance and satisfaction. As a result, office building owners incorporate features into the building design and infrastructure to install and maintain suitable facilities, such as quality and well-functioning elevators. This is expected to propel the global elevator guide rail market. In addition, the hospital elevator is an important component of healthcare infrastructure. It is responsible for moving patients, medical personnel, and equipment across the hospital. Patients in critical condition must be transported from one location to another as soon as possible, and the hospital elevator provides an efficient and secure way of doing so.
Moreover, the rising demand for elevators in commercial complexes such as supermarkets and shopping malls is another factor that drives the elevator guide rail
over the forecast period, as the number of such complexes is expected to rise due to rising consumer interest in these regions. As the density of a city is increasing, the height of the buildings gets taller and this leads to overall infrastructure development such as elevators. With cities expanding and taller residential and commercial constructions rising, there is a general improvement in city infrastructure. This will contribute to the expansion of the worldwide elevator guide rail market.
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The increasing number of constructions projects across the globe influences the growth of the global elevator guide rail market
Global Elevator Guide Rail Revenue by Regions (2018-2023)
Global Elevator Guide Rail Revenue and Market Share (%) by regions (2018-2023)
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
|
North America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Europe |
XX |
XX |
XX |
XX |
XX |
XX |
|
Asia Pacific |
XX |
XX |
XX |
XX |
XX |
XX |
|
Latin America |
XX |
XX |
XX |
XX |
XX |
XX |
|
Middle East & Africa |
XX |
XX |
XX |
XX |
XX |
XX |
|
Total |
XX |
XX |
XX |
XX |
XX |
XX |
Global elevator guide rail market was valued at USD XX Million, in 2022 and is expected to grow at a CAGR of 4.8 % over the forecast period, from 2023 to 2030.
Global Elevator Guide Rail Market Segmentation Analysis
Product Type
• Solid Guide
• Hollow Guide Rail
• Escalator Rail
Material
• Steel
• Aluminum
Technology
• Hydraulic
• Traction
• Machine-room-less
Application
• Mall
• Office Building
• Public Places
• Other
End User
• Residential
• Commercial
• Industrial
Market Players
• Taicang Xinxing Machinery
• Gerdau S.A.
• Monteferro Group
• Zzipco Llc
• VOL Stahl GmbH
• Zhangjiagang Mofeel co Ltd
• Zhejiang Bonly co Ltd
• Shanghai Metal Corporation
Related reports
• Elevator Control Market
• Smart Elevator Market
• Hydraulic Elevators Market
• Electric Elevator and Escalator Market
• Linear Guide Rails Market
• Global Machine Room Less Elevator Market
Global Elevator Guide Rail Manufacturers Profiles/Analysis
Monteferro Group
Monteferro Basic Information, Manufacturing Base, Sales Area, and Competitors
|
Sr. No. |
Item |
Description |
|
1 |
Company Name |
Monteferro Group |
|
2 |
Website |
www.monteferro.it |
|
3 |
Established Date |
1940 |
|
4 |
Headquartered |
Italy, China, Canada, Brazil, USA, India |
|
5 |
Market Position/ History |
In the late 1940s, Monteferro originated when operations started in Milan, northern Italy. In the early 70s, the company started a new facility in Monvalle, Italy. In the 1980s and through the 1990s, Monteferro started the building up of a world manufacturing network globally consolidating its position; as a first step two Joint Ventures were established in the People’s Republic of China in 1991 in the Czech Republic in 1993 and Spain in 1999. In 2000, the World Guide Rail Alliance between Monteferro and SSS/MRM brought about additional international growth with two plants in Canada and the development of a new guide rail facility in Brazil. In 2005 Monteferro signed an agreement to grow its presence in the fast-growing markets of China and the Pacific Area, adding two additional plants in China. |
|
6 |
Sales Area |
Worldwide |
|
7 |
Manufacturing Location |
Italy |
|
9 |
Competitors |
Manitou Americas, Inc., New England Wire Products, and CR Encapsulation |
|
11 |
Ownership Type |
Private |
|
12 |
Contact Information |
11 Via Como, Monvalle, Va, 21020, Italy Tel: +39 332798879 |
Business Segment/ Overview:
Monteferro is an Italy-based company engaged in manufacturing elevator components. It offers raw profiles, rail mountings, elevator slides, and other products. Monteferro develops value-added services that reduce the total cost of customer elevator installation. They offer solutions for elevator guide rails on the market. Monteferro by its patented “Light Rails” succeeded to innovate and develop a more sustainable and competitive product with the guiding idea of doing better while using less material to reach similar or improved technical performances of specific guide rail sections.
Global Elevator Guide Rail Product Types Specification
|
Product |
Product Description |
|
High speed guide rails |
High-speed guide rails are for all major sizes of machined guide rails according to ISO, JIS, and other standards as well as for Customer specific standards, reduced tolerances and special requirements are offered based on ride comfort and elevator speed application from around 4 m/sec to over 10 m/sec. |
|
Standard Machined B Guide Rails |
Monteferro’s Standard guide rails are manufactured in standard lengths of 8′ and 16′ but are available in any length. |
|
High Quality E Guide Rails |
Monteferro’s High-Quality guide rails offer enhanced tolerances through precision manufacturing, desirable in high-speed applications. These guide rails are available at any length. |
|
Ultimate Quality EE Guide Rails |
Monteferro’s Ultimate Quality “EE” guide rails offer superior tolerances for high-speed and high-ride comfort applications. These guide rails are available at any length. |
|
Matched M Guide Rails |
Monteferro offers Matched superior quality guide rail for high-speed and high-speed ride comfort applications. |
Business Strategy
Monteferro is engaged in providing significant quality product to satisfy the customer demand. The company uses the latest technology and material in its manufacturing process and it has a strict quality control system. This focus on quality has helped Monteferro to build a strong reputation with its customers. The company's investment in human resources, technology, and plant optimization continued since then besides establishing additional units in the USA, and India and expanding its presence in China with units in West China developing also there the Networking concept. Moreover, Monteferro is committed to sustainability. The company uses environmentally friendly materials in its manufacturing processes. The company innovates new products which help to fulfill the specific need of consumers.
