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Dumb Waiter Lift Market Analysis, Segments, Growth and Value Chain 2017-2027

08-30-2017 10:59 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Dumb Waiter Lift Market Analysis, Segments, Growth and Value

Dumb waiter Lift is a small freight elevator which is designed to carry objects rather than people. Conventionally, most of the dumb waiter lift involved a rope and a pulley with a guide rail to prevent the goods from hitting the wall. Recent dumb waiter lift systems are electric but still require guide rails along with straight shaft for carrying objects. Dumb waiter lift operates by a winding drum drive system has heavy-duty steel guide rails designed for longevity coupled with efficient in heavy use. Residential dumb waiter lift usually holds up to 50kg while commercial dumbwaiter lifts up to 300kg of objects. For the residential purpose, the dumb waiter lift is generally installed between garage level as well as the kitchen. The cost of dumb waiter lift is similar to around half the price of a small residential lift owing to the requirement of enclosed shaft, lifting drive motor, and railings to turn the dumb waiter on the wall. When the dumb waiter lift is installed in schools, hospitals, retirement homes, and others, the lift usually terminate in a kitchen area. Window type dumb waiter lift is mostly used to carry documents, utensils, foods and beverages, and much more.

Dumb Waiter Lift Market:Drivers and Restraints

Expanding lift industry, integration of advanced technologies through innovation, and growing demand for configuration of dumb waiter lift for the residential and commercial purpose are the primary factor driving the growth of the global dumb waiter lift market. Moreover, advanced features such as long life, high durability, consumes less power, fire resistive, and minimal disruption are some of the prominent factors fueling the growth of the dumb waiter lift market over the forecast period. However, alternative machines such as geared machines, stringent government regulations, and expanding quality standards may limit the growth of the dumb waiter lift market during the forecast the period.

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Dumb Waiter Lift Market:Segmentation

The dumb waiter lift market has been classified by product type, material type, door type, and application.

Based on product type, the dumb waiter liftmarket is segmented into the following:

Floor Type

Window Type

Based on the material type, the dumb waiter liftmarket is segmented into the following:

Power Coated Steel

Stainless Steel

Baked Enamel Coatings

Others

Based on door type, the dumb waiter liftmarket is segmented into the following:

Collapsible Gate

Bi-parting

Swing

Slide-up

Others

Based on the application, the dumb waiter liftmarket is segmented into the following:

Hotels

Restaurants

Hospitals

Homes

Financial Institutions

Manufacturing facilities

Retail Stores

Others

Dumb Waiter Lift Market:Overview

Dumb waiter lift market revenue is expected to grow at a rapid growth rate, over the forecast period. The market is anticipated to perform well soon owing to rising demand for fully automatic control machines to transport goods coupled with dumb waiter lift enhance the utility of any multi-level residential or commercial buildings. Additionally, expanding demand of customized dumb waiter lift, and growing use of parcel lifts where a vertical dumber waiter lift is not feasible to install are the factors that can propel the market revenue growth of dumb waiter lift in the near future. Based on product type, window type segment is projected to lead the global dumb waiter lift market over the forecast period attributed to the use of window type product in many settings such as offices, kitchens, libraries, and other applications. Dumb waiter lift is mostly found within modern structures, such as commercial as well as private buildings which are often allied between multiple floors.

Dumb Waiter Lift Market: Region-wise Outlook

Depending on the geographic region, the dumb waiter lift market is classified into seven key regions: North America, Eastern Europe, Latin America, Western Europe, Japan, Asia-Pacific, and the Middle East & Africa. North America is expected to be the leading markets in the global dumb waiter lift market followed by Europe, and Japan is owing to the high installation of dumb waiter lifts for various purposes in developed countries, consumer awareness, the presence of prominent players, and established research and development along with production facilities. The market in Asia-Pacific is projected to have the fastest growth due to urbanization, growing standard of living, per capita spending, rising demand for space utilization as well as optimization, and developing collaboration with government bodies and private enterprises. Moreover, growing consumer awareness, expanding demand from the hospitality industry, and the presence of local players are some of the factors which are anticipated to rise the increase of dumb waiter lift market throughout the forecast period.

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Dumb Waiter Lift Market:Key Players

Some of the prominent players in the dumb waiter liftmarket are Chun Ming Engineering Co., Ltd., Powerlift Dumbwaiters, Inc., East India Elevators Ltd., Waupaca Elevator Company Inc., Vigilant Elevators Private Limited, Blue Star Elevators Ltd., Otis Elevator Company, Complete Lifts Ltd., KDP Elevators Private Limited, New Fuji Elevators Company, Kafka Manufacturing Co., ESCON Elevators Pvt. Ltd., ML-Lee Industrial Sdn Bhd., and others.

About Us – Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India.

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