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Elevator Traction Machine-Global Market Insights and Sales Trends 2024
Synopsis
The global Elevator Traction Machine 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 Elevator Traction Machine in various end use industries. The expanding demands from the Mall, Office Building, Public Places and Other, are propelling Elevator Traction Machine market. Geared Machine, 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 Gearless Machine segment is estimated at % CAGR for the next seven-year period.
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 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 Elevator Traction Machine, 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 Elevator Traction Machine 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 Elevator Traction Machine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Elevator Traction Machine 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 Elevator Traction Machine covered in this report include Otis, Xizi Forvorda, Suzhou Torin, Suzhou Dengdao, Kone, Kinetek, Shenyang Bluelight, Hitachi and Mitsubishi Electric, etc.
The global Elevator Traction Machine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
Yaskawa
Global Elevator Traction Machine 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 Elevator Traction Machine market, Segment by Type:
Geared Machine
Gearless Machine
Global Elevator Traction Machine market, by Application
Mall
Office Building
Public Places
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 Elevator Traction Machine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Elevator Traction Machine 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 Elevator Traction Machine 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 Elevator Traction Machine in various end use industries. The expanding demands from the Mall, Office Building, Public Places and Other, are propelling Elevator Traction Machine market. Geared Machine, 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 Gearless Machine segment is estimated at % CAGR for the next seven-year period.
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 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 Elevator Traction Machine, 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 Elevator Traction Machine 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 Elevator Traction Machine market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Elevator Traction Machine 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 Elevator Traction Machine covered in this report include Otis, Xizi Forvorda, Suzhou Torin, Suzhou Dengdao, Kone, Kinetek, Shenyang Bluelight, Hitachi and Mitsubishi Electric, etc.
The global Elevator Traction Machine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
Yaskawa
Global Elevator Traction Machine 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 Elevator Traction Machine market, Segment by Type:
Geared Machine
Gearless Machine
Global Elevator Traction Machine market, by Application
Mall
Office Building
Public Places
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 Elevator Traction Machine manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Elevator Traction Machine 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 Elevator Traction Machine Market Overview
1.1 Elevator Traction Machine Product Overview
1.2 Elevator Traction Machine Market Segment by Type
1.2.1 Geared Machine
1.2.2 Gearless Machine
1.3 Global Elevator Traction Machine Market Size by Type
1.3.1 Global Elevator Traction Machine Market Size Overview by Type (2018-2029)
1.3.2 Global Elevator Traction Machine Historic Market Size Review by Type (2018-2023)
1.3.3 Global Elevator Traction Machine Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Elevator Traction Machine Sales Breakdown by Type (2018-2023)
1.4.2 Europe Elevator Traction Machine Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Elevator Traction Machine Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Elevator Traction Machine Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Elevator Traction Machine Sales Breakdown by Type (2018-2023)
2 Global Elevator Traction Machine Market Competition by Company
2.1 Global Top Players by Elevator Traction Machine Sales (2018-2023)
2.2 Global Top Players by Elevator Traction Machine Revenue (2018-2023)
2.3 Global Top Players by Elevator Traction Machine Price (2018-2023)
2.4 Global Top Manufacturers Elevator Traction Machine Manufacturing Base Distribution, Sales Area, Product Type
2.5 Elevator Traction Machine Market Competitive Situation and Trends
2.5.1 Elevator Traction Machine Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Elevator Traction Machine 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 Elevator Traction Machine as of 2022)
2.7 Date of Key Manufacturers Enter into Elevator Traction Machine Market
2.8 Key Manufacturers Elevator Traction Machine Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Elevator Traction Machine Status and Outlook by Region
3.1 Global Elevator Traction Machine Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Elevator Traction Machine Historic Market Size by Region
3.2.1 Global Elevator Traction Machine Sales in Volume by Region (2018-2023)
3.2.2 Global Elevator Traction Machine Sales in Value by Region (2018-2023)
3.2.3 Global Elevator Traction Machine Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Elevator Traction Machine Forecasted Market Size by Region
3.3.1 Global Elevator Traction Machine Sales in Volume by Region (2024-2029)
3.3.2 Global Elevator Traction Machine Sales in Value by Region (2024-2029)
3.3.3 Global Elevator Traction Machine Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Elevator Traction Machine by Application
4.1 Elevator Traction Machine Market Segment by Application
4.1.1 Mall
4.1.2 Office Building
4.1.3 Public Places
4.1.4 Other
4.2 Global Elevator Traction Machine Market Size by Application
4.2.1 Global Elevator Traction Machine Market Size Overview by Application (2018-2029)
4.2.2 Global Elevator Traction Machine Historic Market Size Review by Application (2018-2023)
4.2.3 Global Elevator Traction Machine Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Elevator Traction Machine Sales Breakdown by Application (2018-2023)
4.3.2 Europe Elevator Traction Machine Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Elevator Traction Machine Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Elevator Traction Machine Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Elevator Traction Machine Sales Breakdown by Application (2018-2023)
5 North America Elevator Traction Machine by Country
5.1 North America Elevator Traction Machine Historic Market Size by Country
5.1.1 North America Elevator Traction Machine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Elevator Traction Machine Sales in Volume by Country (2018-2023)
5.1.3 North America Elevator Traction Machine Sales in Value by Country (2018-2023)
5.2 North America Elevator Traction Machine Forecasted Market Size by Country
5.2.1 North America Elevator Traction Machine Sales in Volume by Country (2024-2029)
5.2.2 North America Elevator Traction Machine Sales in Value by Country (2024-2029)
6 Europe Elevator Traction Machine by Country
6.1 Europe Elevator Traction Machine Historic Market Size by Country
6.1.1 Europe Elevator Traction Machine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Elevator Traction Machine Sales in Volume by Country (2018-2023)
6.1.3 Europe Elevator Traction Machine Sales in Value by Country (2018-2023)
6.2 Europe Elevator Traction Machine Forecasted Market Size by Country
6.2.1 Europe Elevator Traction Machine Sales in Volume by Country (2024-2029)
6.2.2 Europe Elevator Traction Machine Sales in Value by Country (2024-2029)
7 Asia-Pacific Elevator Traction Machine by Region
7.1 Asia-Pacific Elevator Traction Machine Historic Market Size by Region
7.1.1 Asia-Pacific Elevator Traction Machine Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Elevator Traction Machine Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Elevator Traction Machine Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Elevator Traction Machine Forecasted Market Size by Region
7.2.1 Asia-Pacific Elevator Traction Machine Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Elevator Traction Machine Sales in Value by Region (2024-2029)
8 Latin America Elevator Traction Machine by Country
8.1 Latin America Elevator Traction Machine Historic Market Size by Country
8.1.1 Latin America Elevator Traction Machine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Elevator Traction Machine Sales in Volume by Country (2018-2023)
8.1.3 Latin America Elevator Traction Machine Sales in Value by Country (2018-2023)
8.2 Latin America Elevator Traction Machine Forecasted Market Size by Country
8.2.1 Latin America Elevator Traction Machine Sales in Volume by Country (2024-2029)
8.2.2 Latin America Elevator Traction Machine Sales in Value by Country (2024-2029)
9 Middle East and Africa Elevator Traction Machine by Country
9.1 Middle East and Africa Elevator Traction Machine Historic Market Size by Country
9.1.1 Middle East and Africa Elevator Traction Machine Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Elevator Traction Machine Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Elevator Traction Machine Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Elevator Traction Machine Forecasted Market Size by Country
9.2.1 Middle East and Africa Elevator Traction Machine Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Elevator Traction Machine Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Otis
10.1.1 Otis Company Information
10.1.2 Otis Introduction and Business Overview
10.1.3 Otis Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Otis Elevator Traction Machine Products Offered
10.1.5 Otis Recent Development
10.2 Xizi Forvorda
10.2.1 Xizi Forvorda Company Information
10.2.2 Xizi Forvorda Introduction and Business Overview
10.2.3 Xizi Forvorda Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Xizi Forvorda Elevator Traction Machine Products Offered
10.2.5 Xizi Forvorda Recent Development
10.3 Suzhou Torin
10.3.1 Suzhou Torin Company Information
10.3.2 Suzhou Torin Introduction and Business Overview
10.3.3 Suzhou Torin Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Suzhou Torin Elevator Traction Machine Products Offered
10.3.5 Suzhou Torin Recent Development
10.4 Suzhou Dengdao
10.4.1 Suzhou Dengdao Company Information
10.4.2 Suzhou Dengdao Introduction and Business Overview
10.4.3 Suzhou Dengdao Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Suzhou Dengdao Elevator Traction Machine Products Offered
10.4.5 Suzhou Dengdao Recent Development
10.5 Kone
10.5.1 Kone Company Information
10.5.2 Kone Introduction and Business Overview
10.5.3 Kone Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kone Elevator Traction Machine Products Offered
10.5.5 Kone Recent Development
10.6 Kinetek
10.6.1 Kinetek Company Information
10.6.2 Kinetek Introduction and Business Overview
10.6.3 Kinetek Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kinetek Elevator Traction Machine Products Offered
10.6.5 Kinetek Recent Development
10.7 Shenyang Bluelight
10.7.1 Shenyang Bluelight Company Information
10.7.2 Shenyang Bluelight Introduction and Business Overview
10.7.3 Shenyang Bluelight Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shenyang Bluelight Elevator Traction Machine Products Offered
10.7.5 Shenyang Bluelight Recent Development
10.8 Hitachi
10.8.1 Hitachi Company Information
10.8.2 Hitachi Introduction and Business Overview
10.8.3 Hitachi Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hitachi Elevator Traction Machine Products Offered
10.8.5 Hitachi Recent Development
10.9 Mitsubishi Electric
10.9.1 Mitsubishi Electric Company Information
10.9.2 Mitsubishi Electric Introduction and Business Overview
10.9.3 Mitsubishi Electric Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mitsubishi Electric Elevator Traction Machine Products Offered
10.9.5 Mitsubishi Electric Recent Development
10.10 Yaskawa
10.10.1 Yaskawa Company Information
10.10.2 Yaskawa Introduction and Business Overview
10.10.3 Yaskawa Elevator Traction Machine Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yaskawa Elevator Traction Machine Products Offered
10.10.5 Yaskawa Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Elevator Traction Machine 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 Elevator Traction Machine Industrial Chain Analysis
11.4 Elevator Traction Machine Market Dynamics
11.4.1 Elevator Traction Machine Industry Trends
11.4.2 Elevator Traction Machine Market Drivers
11.4.3 Elevator Traction Machine Market Challenges
11.4.4 Elevator Traction Machine Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Elevator Traction Machine Distributors
12.3 Elevator Traction Machine 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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