Elevator Component refers to the various components and equipment that make up the elevator system. These components work together to ensure the normal operation of the elevator and the safety of passengers. These components include but are not limited to electric motors, control systems, door systems, guide rails, counterweight systems, safety systems, cars, etc. Each component plays a critical role in enabling the elevator to operate safely and efficiently.
The global Elevator Component market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The 鈥淓levator Component Industry Forecast鈥� looks at past sales and reviews total world Elevator Component sales in 2023, providing a comprehensive analysis by region and market sector of projected Elevator Component sales for 2024 through 2030. With Elevator Component sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator Component industry.
This Insight Report provides a comprehensive analysis of the global Elevator Component 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 Component portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Elevator Component market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator Component 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 Component.
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 Component market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Drive System
Control System
Counterweight System
Others
Segmentation by Application:
Elevators for Passengers
Elevators for Freight
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.
Otis
Kone
Schindler
Hangzhou XiOlift
Fujitec
Yungtay Engineering
SJEC
Avire Ltd (Halma plc.)
B枚hnke & Partner GmbH
Elevator Equipment Corporation (EECO)
Elevator Products Corporation
Fermator Group
GAL Manufacturing Corp.
Hans & Jos. Kronenberg GmbH
Hissmekano AB
Hydroware
Nidec Kinetek Elevator Technology (NKET)
Wittur Group
Eros Elevators
SEES Inc.
Quality Elevator Products:
ADAMS Elevator
Texacone
Delco Elevator Products
Mowrey Elevator Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elevator Component market?
What factors are driving Elevator Component market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elevator Component market opportunities vary by end market size?
How does Elevator Component break out by Type, by Application?
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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 Component Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Elevator Component by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Elevator Component by Country/Region, 2019, 2023 & 2030
2.2 Elevator Component Segment by Type
2.2.1 Drive System
2.2.2 Control System
2.2.3 Counterweight System
2.2.4 Others
2.3 Elevator Component Sales by Type
2.3.1 Global Elevator Component Sales Market Share by Type (2019-2024)
2.3.2 Global Elevator Component Revenue and Market Share by Type (2019-2024)
2.3.3 Global Elevator Component Sale Price by Type (2019-2024)
2.4 Elevator Component Segment by Application
2.4.1 Elevators for Passengers
2.4.2 Elevators for Freight
2.5 Elevator Component Sales by Application
2.5.1 Global Elevator Component Sale Market Share by Application (2019-2024)
2.5.2 Global Elevator Component Revenue and Market Share by Application (2019-2024)
2.5.3 Global Elevator Component Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Elevator Component Breakdown Data by Company
3.1.1 Global Elevator Component Annual Sales by Company (2019-2024)
3.1.2 Global Elevator Component Sales Market Share by Company (2019-2024)
3.2 Global Elevator Component Annual Revenue by Company (2019-2024)
3.2.1 Global Elevator Component Revenue by Company (2019-2024)
3.2.2 Global Elevator Component Revenue Market Share by Company (2019-2024)
3.3 Global Elevator Component Sale Price by Company
3.4 Key Manufacturers Elevator Component Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Elevator Component Product Location Distribution
3.4.2 Players Elevator Component 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 Market M&A Activity & Strategy
4 World Historic Review for Elevator Component by Geographic Region
4.1 World Historic Elevator Component Market Size by Geographic Region (2019-2024)
4.1.1 Global Elevator Component Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Elevator Component Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Elevator Component Market Size by Country/Region (2019-2024)
4.2.1 Global Elevator Component Annual Sales by Country/Region (2019-2024)
4.2.2 Global Elevator Component Annual Revenue by Country/Region (2019-2024)
4.3 Americas Elevator Component Sales Growth
4.4 APAC Elevator Component Sales Growth
4.5 Europe Elevator Component Sales Growth
4.6 Middle East & Africa Elevator Component Sales Growth
5 Americas
5.1 Americas Elevator Component Sales by Country
5.1.1 Americas Elevator Component Sales by Country (2019-2024)
5.1.2 Americas Elevator Component Revenue by Country (2019-2024)
5.2 Americas Elevator Component Sales by Type (2019-2024)
5.3 Americas Elevator Component Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Elevator Component Sales by Region
6.1.1 APAC Elevator Component Sales by Region (2019-2024)
6.1.2 APAC Elevator Component Revenue by Region (2019-2024)
6.2 APAC Elevator Component Sales by Type (2019-2024)
6.3 APAC Elevator Component Sales by Application (2019-2024)
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 Component by Country
7.1.1 Europe Elevator Component Sales by Country (2019-2024)
7.1.2 Europe Elevator Component Revenue by Country (2019-2024)
7.2 Europe Elevator Component Sales by Type (2019-2024)
7.3 Europe Elevator Component Sales by Application (2019-2024)
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 Component by Country
8.1.1 Middle East & Africa Elevator Component Sales by Country (2019-2024)
8.1.2 Middle East & Africa Elevator Component Revenue by Country (2019-2024)
8.2 Middle East & Africa Elevator Component Sales by Type (2019-2024)
8.3 Middle East & Africa Elevator Component Sales by Application (2019-2024)
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 Component
10.3 Manufacturing Process Analysis of Elevator Component
10.4 Industry Chain Structure of Elevator Component
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Elevator Component Distributors
11.3 Elevator Component Customer
12 World Forecast Review for Elevator Component by Geographic Region
12.1 Global Elevator Component Market Size Forecast by Region
12.1.1 Global Elevator Component Forecast by Region (2025-2030)
12.1.2 Global Elevator Component Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Elevator Component Forecast by Type (2025-2030)
12.7 Global Elevator Component Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Otis
13.1.1 Otis Company Information
13.1.2 Otis Elevator Component Product Portfolios and Specifications
13.1.3 Otis Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Otis Main Business Overview
13.1.5 Otis Latest Developments
13.2 Kone
13.2.1 Kone Company Information
13.2.2 Kone Elevator Component Product Portfolios and Specifications
13.2.3 Kone Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Kone Main Business Overview
13.2.5 Kone Latest Developments
13.3 Schindler
13.3.1 Schindler Company Information
13.3.2 Schindler Elevator Component Product Portfolios and Specifications
13.3.3 Schindler Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Schindler Main Business Overview
13.3.5 Schindler Latest Developments
13.4 Hangzhou XiOlift
13.4.1 Hangzhou XiOlift Company Information
13.4.2 Hangzhou XiOlift Elevator Component Product Portfolios and Specifications
13.4.3 Hangzhou XiOlift Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Hangzhou XiOlift Main Business Overview
13.4.5 Hangzhou XiOlift Latest Developments
13.5 Fujitec
13.5.1 Fujitec Company Information
13.5.2 Fujitec Elevator Component Product Portfolios and Specifications
13.5.3 Fujitec Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Fujitec Main Business Overview
13.5.5 Fujitec Latest Developments
13.6 Yungtay Engineering
13.6.1 Yungtay Engineering Company Information
13.6.2 Yungtay Engineering Elevator Component Product Portfolios and Specifications
13.6.3 Yungtay Engineering Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Yungtay Engineering Main Business Overview
13.6.5 Yungtay Engineering Latest Developments
13.7 SJEC
13.7.1 SJEC Company Information
13.7.2 SJEC Elevator Component Product Portfolios and Specifications
13.7.3 SJEC Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 SJEC Main Business Overview
13.7.5 SJEC Latest Developments
13.8 Avire Ltd (Halma plc.)
13.8.1 Avire Ltd (Halma plc.) Company Information
13.8.2 Avire Ltd (Halma plc.) Elevator Component Product Portfolios and Specifications
13.8.3 Avire Ltd (Halma plc.) Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Avire Ltd (Halma plc.) Main Business Overview
13.8.5 Avire Ltd (Halma plc.) Latest Developments
13.9 B枚hnke & Partner GmbH
13.9.1 B枚hnke & Partner GmbH Company Information
13.9.2 B枚hnke & Partner GmbH Elevator Component Product Portfolios and Specifications
13.9.3 B枚hnke & Partner GmbH Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 B枚hnke & Partner GmbH Main Business Overview
13.9.5 B枚hnke & Partner GmbH Latest Developments
13.10 Elevator Equipment Corporation (EECO)
13.10.1 Elevator Equipment Corporation (EECO) Company Information
13.10.2 Elevator Equipment Corporation (EECO) Elevator Component Product Portfolios and Specifications
13.10.3 Elevator Equipment Corporation (EECO) Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Elevator Equipment Corporation (EECO) Main Business Overview
13.10.5 Elevator Equipment Corporation (EECO) Latest Developments
13.11 Elevator Products Corporation
13.11.1 Elevator Products Corporation Company Information
13.11.2 Elevator Products Corporation Elevator Component Product Portfolios and Specifications
13.11.3 Elevator Products Corporation Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Elevator Products Corporation Main Business Overview
13.11.5 Elevator Products Corporation Latest Developments
13.12 Fermator Group
13.12.1 Fermator Group Company Information
13.12.2 Fermator Group Elevator Component Product Portfolios and Specifications
13.12.3 Fermator Group Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Fermator Group Main Business Overview
13.12.5 Fermator Group Latest Developments
13.13 GAL Manufacturing Corp.
13.13.1 GAL Manufacturing Corp. Company Information
13.13.2 GAL Manufacturing Corp. Elevator Component Product Portfolios and Specifications
13.13.3 GAL Manufacturing Corp. Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 GAL Manufacturing Corp. Main Business Overview
13.13.5 GAL Manufacturing Corp. Latest Developments
13.14 Hans & Jos. Kronenberg GmbH
13.14.1 Hans & Jos. Kronenberg GmbH Company Information
13.14.2 Hans & Jos. Kronenberg GmbH Elevator Component Product Portfolios and Specifications
13.14.3 Hans & Jos. Kronenberg GmbH Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Hans & Jos. Kronenberg GmbH Main Business Overview
13.14.5 Hans & Jos. Kronenberg GmbH Latest Developments
13.15 Hissmekano AB
13.15.1 Hissmekano AB Company Information
13.15.2 Hissmekano AB Elevator Component Product Portfolios and Specifications
13.15.3 Hissmekano AB Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Hissmekano AB Main Business Overview
13.15.5 Hissmekano AB Latest Developments
13.16 Hydroware
13.16.1 Hydroware Company Information
13.16.2 Hydroware Elevator Component Product Portfolios and Specifications
13.16.3 Hydroware Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Hydroware Main Business Overview
13.16.5 Hydroware Latest Developments
13.17 Nidec Kinetek Elevator Technology (NKET)
13.17.1 Nidec Kinetek Elevator Technology (NKET) Company Information
13.17.2 Nidec Kinetek Elevator Technology (NKET) Elevator Component Product Portfolios and Specifications
13.17.3 Nidec Kinetek Elevator Technology (NKET) Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Nidec Kinetek Elevator Technology (NKET) Main Business Overview
13.17.5 Nidec Kinetek Elevator Technology (NKET) Latest Developments
13.18 Wittur Group
13.18.1 Wittur Group Company Information
13.18.2 Wittur Group Elevator Component Product Portfolios and Specifications
13.18.3 Wittur Group Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Wittur Group Main Business Overview
13.18.5 Wittur Group Latest Developments
13.19 Eros Elevators
13.19.1 Eros Elevators Company Information
13.19.2 Eros Elevators Elevator Component Product Portfolios and Specifications
13.19.3 Eros Elevators Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Eros Elevators Main Business Overview
13.19.5 Eros Elevators Latest Developments
13.20 SEES Inc.
13.20.1 SEES Inc. Company Information
13.20.2 SEES Inc. Elevator Component Product Portfolios and Specifications
13.20.3 SEES Inc. Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 SEES Inc. Main Business Overview
13.20.5 SEES Inc. Latest Developments
13.21 Quality Elevator Products:
13.21.1 Quality Elevator Products: Company Information
13.21.2 Quality Elevator Products: Elevator Component Product Portfolios and Specifications
13.21.3 Quality Elevator Products: Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Quality Elevator Products: Main Business Overview
13.21.5 Quality Elevator Products: Latest Developments
13.22 ADAMS Elevator
13.22.1 ADAMS Elevator Company Information
13.22.2 ADAMS Elevator Elevator Component Product Portfolios and Specifications
13.22.3 ADAMS Elevator Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.22.4 ADAMS Elevator Main Business Overview
13.22.5 ADAMS Elevator Latest Developments
13.23 Texacone
13.23.1 Texacone Company Information
13.23.2 Texacone Elevator Component Product Portfolios and Specifications
13.23.3 Texacone Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.23.4 Texacone Main Business Overview
13.23.5 Texacone Latest Developments
13.24 Delco Elevator Products
13.24.1 Delco Elevator Products Company Information
13.24.2 Delco Elevator Products Elevator Component Product Portfolios and Specifications
13.24.3 Delco Elevator Products Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.24.4 Delco Elevator Products Main Business Overview
13.24.5 Delco Elevator Products Latest Developments
13.25 Mowrey Elevator Company
13.25.1 Mowrey Elevator Company Company Information
13.25.2 Mowrey Elevator Company Elevator Component Product Portfolios and Specifications
13.25.3 Mowrey Elevator Company Elevator Component Sales, Revenue, Price and Gross Margin (2019-2024)
13.25.4 Mowrey Elevator Company Main Business Overview
13.25.5 Mowrey Elevator Company Latest Developments
14 Research Findings and Conclusion
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*If Applicable.