

The global Automatic Elevator Inverter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Automatic elevator inverter is an essential component of modern elevator systems. The purpose of using a automatic elevator inverter in elevators is to enhance energy efficiency, provide a comfortable ride experience, and enable precise control over elevator movements. These devices are typically integrated into the elevator control system, working in conjunction with other components to ensure safe and efficient elevator operation.
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.
The “Automatic Elevator Inverter Industry Forecast” looks at past sales and reviews total world Automatic Elevator Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Automatic Elevator Inverter sales for 2025 through 2031. With Automatic Elevator Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automatic Elevator Inverter industry.
This Insight Report provides a comprehensive analysis of the global Automatic Elevator Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automatic Elevator Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automatic Elevator Inverter market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automatic Elevator Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automatic Elevator Inverter.
This report presents a comprehensive overview, market shares, and growth opportunities of Automatic Elevator Inverter market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
For Induction Motors (IM)
For Synchronous Motors (PM)
Segmentation by Application:
Commercial Elevator
Residential Elevator
Industrial Elevator
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Fujitec
Hitachi
Toshiba
Otis Elevator Company
Mitsubishi Electric Corporation
ThyssenKrupp
Schindler
SMA
KONE Corporation
Kleemann Hellas
ABB
Hyundai Elevator
KSTAR
Siemens
Yaskawa
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automatic Elevator Inverter market?
What factors are driving Automatic Elevator Inverter market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automatic Elevator Inverter market opportunities vary by end market size?
How does Automatic Elevator Inverter break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automatic Elevator Inverter Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Automatic Elevator Inverter by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Automatic Elevator Inverter by Country/Region, 2020, 2024 & 2031
2.2 Automatic Elevator Inverter Segment by Type
2.2.1 For Induction Motors (IM)
2.2.2 For Synchronous Motors (PM)
2.3 Automatic Elevator Inverter Sales by Type
2.3.1 Global Automatic Elevator Inverter Sales Market Share by Type (2020-2025)
2.3.2 Global Automatic Elevator Inverter Revenue and Market Share by Type (2020-2025)
2.3.3 Global Automatic Elevator Inverter Sale Price by Type (2020-2025)
2.4 Automatic Elevator Inverter Segment by Application
2.4.1 Commercial Elevator
2.4.2 Residential Elevator
2.4.3 Industrial Elevator
2.5 Automatic Elevator Inverter Sales by Application
2.5.1 Global Automatic Elevator Inverter Sale Market Share by Application (2020-2025)
2.5.2 Global Automatic Elevator Inverter Revenue and Market Share by Application (2020-2025)
2.5.3 Global Automatic Elevator Inverter Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Automatic Elevator Inverter Breakdown Data by Company
3.1.1 Global Automatic Elevator Inverter Annual Sales by Company (2020-2025)
3.1.2 Global Automatic Elevator Inverter Sales Market Share by Company (2020-2025)
3.2 Global Automatic Elevator Inverter Annual Revenue by Company (2020-2025)
3.2.1 Global Automatic Elevator Inverter Revenue by Company (2020-2025)
3.2.2 Global Automatic Elevator Inverter Revenue Market Share by Company (2020-2025)
3.3 Global Automatic Elevator Inverter Sale Price by Company
3.4 Key Manufacturers Automatic Elevator Inverter Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Automatic Elevator Inverter Product Location Distribution
3.4.2 Players Automatic Elevator Inverter Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Automatic Elevator Inverter by Geographic Region
4.1 World Historic Automatic Elevator Inverter Market Size by Geographic Region (2020-2025)
4.1.1 Global Automatic Elevator Inverter Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Automatic Elevator Inverter Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Automatic Elevator Inverter Market Size by Country/Region (2020-2025)
4.2.1 Global Automatic Elevator Inverter Annual Sales by Country/Region (2020-2025)
4.2.2 Global Automatic Elevator Inverter Annual Revenue by Country/Region (2020-2025)
4.3 Americas Automatic Elevator Inverter Sales Growth
4.4 APAC Automatic Elevator Inverter Sales Growth
4.5 Europe Automatic Elevator Inverter Sales Growth
4.6 Middle East & Africa Automatic Elevator Inverter Sales Growth
5 Americas
5.1 Americas Automatic Elevator Inverter Sales by Country
5.1.1 Americas Automatic Elevator Inverter Sales by Country (2020-2025)
5.1.2 Americas Automatic Elevator Inverter Revenue by Country (2020-2025)
5.2 Americas Automatic Elevator Inverter Sales by Type (2020-2025)
5.3 Americas Automatic Elevator Inverter Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Automatic Elevator Inverter Sales by Region
6.1.1 APAC Automatic Elevator Inverter Sales by Region (2020-2025)
6.1.2 APAC Automatic Elevator Inverter Revenue by Region (2020-2025)
6.2 APAC Automatic Elevator Inverter Sales by Type (2020-2025)
6.3 APAC Automatic Elevator Inverter Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Automatic Elevator Inverter by Country
7.1.1 Europe Automatic Elevator Inverter Sales by Country (2020-2025)
7.1.2 Europe Automatic Elevator Inverter Revenue by Country (2020-2025)
7.2 Europe Automatic Elevator Inverter Sales by Type (2020-2025)
7.3 Europe Automatic Elevator Inverter Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Automatic Elevator Inverter by Country
8.1.1 Middle East & Africa Automatic Elevator Inverter Sales by Country (2020-2025)
8.1.2 Middle East & Africa Automatic Elevator Inverter Revenue by Country (2020-2025)
8.2 Middle East & Africa Automatic Elevator Inverter Sales by Type (2020-2025)
8.3 Middle East & Africa Automatic Elevator Inverter Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Automatic Elevator Inverter
10.3 Manufacturing Process Analysis of Automatic Elevator Inverter
10.4 Industry Chain Structure of Automatic Elevator Inverter
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Automatic Elevator Inverter Distributors
11.3 Automatic Elevator Inverter Customer
12 World Forecast Review for Automatic Elevator Inverter by Geographic Region
12.1 Global Automatic Elevator Inverter Market Size Forecast by Region
12.1.1 Global Automatic Elevator Inverter Forecast by Region (2026-2031)
12.1.2 Global Automatic Elevator Inverter Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Automatic Elevator Inverter Forecast by Type (2026-2031)
12.7 Global Automatic Elevator Inverter Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Fujitec
13.1.1 Fujitec Company Information
13.1.2 Fujitec Automatic Elevator Inverter Product Portfolios and Specifications
13.1.3 Fujitec Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Fujitec Main Business Overview
13.1.5 Fujitec Latest Developments
13.2 Hitachi
13.2.1 Hitachi Company Information
13.2.2 Hitachi Automatic Elevator Inverter Product Portfolios and Specifications
13.2.3 Hitachi Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Hitachi Main Business Overview
13.2.5 Hitachi Latest Developments
13.3 Toshiba
13.3.1 Toshiba Company Information
13.3.2 Toshiba Automatic Elevator Inverter Product Portfolios and Specifications
13.3.3 Toshiba Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Toshiba Main Business Overview
13.3.5 Toshiba Latest Developments
13.4 Otis Elevator Company
13.4.1 Otis Elevator Company Company Information
13.4.2 Otis Elevator Company Automatic Elevator Inverter Product Portfolios and Specifications
13.4.3 Otis Elevator Company Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Otis Elevator Company Main Business Overview
13.4.5 Otis Elevator Company Latest Developments
13.5 Mitsubishi Electric Corporation
13.5.1 Mitsubishi Electric Corporation Company Information
13.5.2 Mitsubishi Electric Corporation Automatic Elevator Inverter Product Portfolios and Specifications
13.5.3 Mitsubishi Electric Corporation Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Mitsubishi Electric Corporation Main Business Overview
13.5.5 Mitsubishi Electric Corporation Latest Developments
13.6 ThyssenKrupp
13.6.1 ThyssenKrupp Company Information
13.6.2 ThyssenKrupp Automatic Elevator Inverter Product Portfolios and Specifications
13.6.3 ThyssenKrupp Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 ThyssenKrupp Main Business Overview
13.6.5 ThyssenKrupp Latest Developments
13.7 Schindler
13.7.1 Schindler Company Information
13.7.2 Schindler Automatic Elevator Inverter Product Portfolios and Specifications
13.7.3 Schindler Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Schindler Main Business Overview
13.7.5 Schindler Latest Developments
13.8 SMA
13.8.1 SMA Company Information
13.8.2 SMA Automatic Elevator Inverter Product Portfolios and Specifications
13.8.3 SMA Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 SMA Main Business Overview
13.8.5 SMA Latest Developments
13.9 KONE Corporation
13.9.1 KONE Corporation Company Information
13.9.2 KONE Corporation Automatic Elevator Inverter Product Portfolios and Specifications
13.9.3 KONE Corporation Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 KONE Corporation Main Business Overview
13.9.5 KONE Corporation Latest Developments
13.10 Kleemann Hellas
13.10.1 Kleemann Hellas Company Information
13.10.2 Kleemann Hellas Automatic Elevator Inverter Product Portfolios and Specifications
13.10.3 Kleemann Hellas Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Kleemann Hellas Main Business Overview
13.10.5 Kleemann Hellas Latest Developments
13.11 ABB
13.11.1 ABB Company Information
13.11.2 ABB Automatic Elevator Inverter Product Portfolios and Specifications
13.11.3 ABB Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 ABB Main Business Overview
13.11.5 ABB Latest Developments
13.12 Hyundai Elevator
13.12.1 Hyundai Elevator Company Information
13.12.2 Hyundai Elevator Automatic Elevator Inverter Product Portfolios and Specifications
13.12.3 Hyundai Elevator Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hyundai Elevator Main Business Overview
13.12.5 Hyundai Elevator Latest Developments
13.13 KSTAR
13.13.1 KSTAR Company Information
13.13.2 KSTAR Automatic Elevator Inverter Product Portfolios and Specifications
13.13.3 KSTAR Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 KSTAR Main Business Overview
13.13.5 KSTAR Latest Developments
13.14 Siemens
13.14.1 Siemens Company Information
13.14.2 Siemens Automatic Elevator Inverter Product Portfolios and Specifications
13.14.3 Siemens Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Siemens Main Business Overview
13.14.5 Siemens Latest Developments
13.15 Yaskawa
13.15.1 Yaskawa Company Information
13.15.2 Yaskawa Automatic Elevator Inverter Product Portfolios and Specifications
13.15.3 Yaskawa Automatic Elevator Inverter Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Yaskawa Main Business Overview
13.15.5 Yaskawa Latest Developments
14 Research Findings and Conclusion
*If Applicable.