

The global Elevator Brakes market size is projected to grow from US$ 707.1 million in 2023 to US$ 1093.9 million in 2030; it is expected to grow at a CAGR of 6.4% from 2024 to 2030.
The “Elevator Brakes Industry Forecast” looks at past sales and reviews total world Elevator Brakes sales in 2023, providing a comprehensive analysis by region and market sector of projected Elevator Brakes sales for 2024 through 2030. With Elevator Brakes sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator Brakes industry.
This Insight Report provides a comprehensive analysis of the global Elevator Brakes 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 Elevator Brakes portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Elevator Brakes market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator Brakes 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 Elevator Brakes.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Brakes market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
ERD Series Brakes
ER Series Brakes
ERS Series Brakes
FB Series Brakes
Forklift Brakes
WR Series Brakes
Segmentation by application
Hotels
Residences
Hospitals
Sports Facilities
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Warner Electric
Kendrion NV
Hollister Whitney Elevator
Hilliard Corporation
Otis Elevator Company
FUKA GmbH
Imperial Electric
Magnetek
Atlantic Elevator
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elevator Brakes market?
What factors are driving Elevator Brakes market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elevator Brakes market opportunities vary by end market size?
How does Elevator Brakes break out type, 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 Elevator Brakes Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Elevator Brakes by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Elevator Brakes by Country/Region, 2019, 2023 & 2030
2.2 Elevator Brakes Segment by Type
2.2.1 ERD Series Brakes
2.2.2 ER Series Brakes
2.2.3 ERS Series Brakes
2.2.4 FB Series Brakes
2.2.5 Forklift Brakes
2.2.6 WR Series Brakes
2.3 Elevator Brakes Sales by Type
2.3.1 Global Elevator Brakes Sales Market Share by Type (2019-2024)
2.3.2 Global Elevator Brakes Revenue and Market Share by Type (2019-2024)
2.3.3 Global Elevator Brakes Sale Price by Type (2019-2024)
2.4 Elevator Brakes Segment by Application
2.4.1 Hotels
2.4.2 Residences
2.4.3 Hospitals
2.4.4 Sports Facilities
2.4.5 Others
2.5 Elevator Brakes Sales by Application
2.5.1 Global Elevator Brakes Sale Market Share by Application (2019-2024)
2.5.2 Global Elevator Brakes Revenue and Market Share by Application (2019-2024)
2.5.3 Global Elevator Brakes Sale Price by Application (2019-2024)
3 Global Elevator Brakes by Company
3.1 Global Elevator Brakes Breakdown Data by Company
3.1.1 Global Elevator Brakes Annual Sales by Company (2019-2024)
3.1.2 Global Elevator Brakes Sales Market Share by Company (2019-2024)
3.2 Global Elevator Brakes Annual Revenue by Company (2019-2024)
3.2.1 Global Elevator Brakes Revenue by Company (2019-2024)
3.2.2 Global Elevator Brakes Revenue Market Share by Company (2019-2024)
3.3 Global Elevator Brakes Sale Price by Company
3.4 Key Manufacturers Elevator Brakes Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Elevator Brakes Product Location Distribution
3.4.2 Players Elevator Brakes Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Elevator Brakes by Geographic Region
4.1 World Historic Elevator Brakes Market Size by Geographic Region (2019-2024)
4.1.1 Global Elevator Brakes Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Elevator Brakes Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Elevator Brakes Market Size by Country/Region (2019-2024)
4.2.1 Global Elevator Brakes Annual Sales by Country/Region (2019-2024)
4.2.2 Global Elevator Brakes Annual Revenue by Country/Region (2019-2024)
4.3 Americas Elevator Brakes Sales Growth
4.4 APAC Elevator Brakes Sales Growth
4.5 Europe Elevator Brakes Sales Growth
4.6 Middle East & Africa Elevator Brakes Sales Growth
5 Americas
5.1 Americas Elevator Brakes Sales by Country
5.1.1 Americas Elevator Brakes Sales by Country (2019-2024)
5.1.2 Americas Elevator Brakes Revenue by Country (2019-2024)
5.2 Americas Elevator Brakes Sales by Type
5.3 Americas Elevator Brakes Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Elevator Brakes Sales by Region
6.1.1 APAC Elevator Brakes Sales by Region (2019-2024)
6.1.2 APAC Elevator Brakes Revenue by Region (2019-2024)
6.2 APAC Elevator Brakes Sales by Type
6.3 APAC Elevator Brakes Sales by Application
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 Elevator Brakes by Country
7.1.1 Europe Elevator Brakes Sales by Country (2019-2024)
7.1.2 Europe Elevator Brakes Revenue by Country (2019-2024)
7.2 Europe Elevator Brakes Sales by Type
7.3 Europe Elevator Brakes Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Elevator Brakes by Country
8.1.1 Middle East & Africa Elevator Brakes Sales by Country (2019-2024)
8.1.2 Middle East & Africa Elevator Brakes Revenue by Country (2019-2024)
8.2 Middle East & Africa Elevator Brakes Sales by Type
8.3 Middle East & Africa Elevator Brakes Sales by Application
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 Elevator Brakes
10.3 Manufacturing Process Analysis of Elevator Brakes
10.4 Industry Chain Structure of Elevator Brakes
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Elevator Brakes Distributors
11.3 Elevator Brakes Customer
12 World Forecast Review for Elevator Brakes by Geographic Region
12.1 Global Elevator Brakes Market Size Forecast by Region
12.1.1 Global Elevator Brakes Forecast by Region (2025-2030)
12.1.2 Global Elevator Brakes Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Elevator Brakes Forecast by Type
12.7 Global Elevator Brakes Forecast by Application
13 Key Players Analysis
13.1 Warner Electric
13.1.1 Warner Electric Company Information
13.1.2 Warner Electric Elevator Brakes Product Portfolios and Specifications
13.1.3 Warner Electric Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Warner Electric Main Business Overview
13.1.5 Warner Electric Latest Developments
13.2 Kendrion NV
13.2.1 Kendrion NV Company Information
13.2.2 Kendrion NV Elevator Brakes Product Portfolios and Specifications
13.2.3 Kendrion NV Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kendrion NV Main Business Overview
13.2.5 Kendrion NV Latest Developments
13.3 Hollister Whitney Elevator
13.3.1 Hollister Whitney Elevator Company Information
13.3.2 Hollister Whitney Elevator Elevator Brakes Product Portfolios and Specifications
13.3.3 Hollister Whitney Elevator Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Hollister Whitney Elevator Main Business Overview
13.3.5 Hollister Whitney Elevator Latest Developments
13.4 Hilliard Corporation
13.4.1 Hilliard Corporation Company Information
13.4.2 Hilliard Corporation Elevator Brakes Product Portfolios and Specifications
13.4.3 Hilliard Corporation Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Hilliard Corporation Main Business Overview
13.4.5 Hilliard Corporation Latest Developments
13.5 Otis Elevator Company
13.5.1 Otis Elevator Company Company Information
13.5.2 Otis Elevator Company Elevator Brakes Product Portfolios and Specifications
13.5.3 Otis Elevator Company Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Otis Elevator Company Main Business Overview
13.5.5 Otis Elevator Company Latest Developments
13.6 FUKA GmbH
13.6.1 FUKA GmbH Company Information
13.6.2 FUKA GmbH Elevator Brakes Product Portfolios and Specifications
13.6.3 FUKA GmbH Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 FUKA GmbH Main Business Overview
13.6.5 FUKA GmbH Latest Developments
13.7 Imperial Electric
13.7.1 Imperial Electric Company Information
13.7.2 Imperial Electric Elevator Brakes Product Portfolios and Specifications
13.7.3 Imperial Electric Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Imperial Electric Main Business Overview
13.7.5 Imperial Electric Latest Developments
13.8 Magnetek
13.8.1 Magnetek Company Information
13.8.2 Magnetek Elevator Brakes Product Portfolios and Specifications
13.8.3 Magnetek Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Magnetek Main Business Overview
13.8.5 Magnetek Latest Developments
13.9 Atlantic Elevator
13.9.1 Atlantic Elevator Company Information
13.9.2 Atlantic Elevator Elevator Brakes Product Portfolios and Specifications
13.9.3 Atlantic Elevator Elevator Brakes Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Atlantic Elevator Main Business Overview
13.9.5 Atlantic Elevator Latest Developments
14 Research Findings and Conclusion
*If Applicable.