

The global Gearless Machines for Elevators 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.
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 “Gearless Machines for Elevators Industry Forecast” looks at past sales and reviews total world Gearless Machines for Elevators sales in 2024, providing a comprehensive analysis by region and market sector of projected Gearless Machines for Elevators sales for 2025 through 2031. With Gearless Machines for Elevators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gearless Machines for Elevators industry.
This Insight Report provides a comprehensive analysis of the global Gearless Machines for Elevators 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 Gearless Machines for Elevators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Gearless Machines for Elevators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gearless Machines for Elevators 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 Gearless Machines for Elevators.
This report presents a comprehensive overview, market shares, and growth opportunities of Gearless Machines for Elevators market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single Wrap
Double Wrap
Segmentation by Application:
Elevators
Escalators
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.
Sumitomo Heavy Industries
Tectronics Engineers
Hollister-Whitney
Ziehl-Abegg
Xinda Elevator
Schumacher Elevator
Nidec Elevator Group
CEG Innova
Alberto Sassi SpA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Gearless Machines for Elevators market?
What factors are driving Gearless Machines for Elevators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Gearless Machines for Elevators market opportunities vary by end market size?
How does Gearless Machines for Elevators 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 Gearless Machines for Elevators Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Gearless Machines for Elevators by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Gearless Machines for Elevators by Country/Region, 2020, 2024 & 2031
2.2 Gearless Machines for Elevators Segment by Type
2.2.1 Single Wrap
2.2.2 Double Wrap
2.3 Gearless Machines for Elevators Sales by Type
2.3.1 Global Gearless Machines for Elevators Sales Market Share by Type (2020-2025)
2.3.2 Global Gearless Machines for Elevators Revenue and Market Share by Type (2020-2025)
2.3.3 Global Gearless Machines for Elevators Sale Price by Type (2020-2025)
2.4 Gearless Machines for Elevators Segment by Application
2.4.1 Elevators
2.4.2 Escalators
2.5 Gearless Machines for Elevators Sales by Application
2.5.1 Global Gearless Machines for Elevators Sale Market Share by Application (2020-2025)
2.5.2 Global Gearless Machines for Elevators Revenue and Market Share by Application (2020-2025)
2.5.3 Global Gearless Machines for Elevators Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Gearless Machines for Elevators Breakdown Data by Company
3.1.1 Global Gearless Machines for Elevators Annual Sales by Company (2020-2025)
3.1.2 Global Gearless Machines for Elevators Sales Market Share by Company (2020-2025)
3.2 Global Gearless Machines for Elevators Annual Revenue by Company (2020-2025)
3.2.1 Global Gearless Machines for Elevators Revenue by Company (2020-2025)
3.2.2 Global Gearless Machines for Elevators Revenue Market Share by Company (2020-2025)
3.3 Global Gearless Machines for Elevators Sale Price by Company
3.4 Key Manufacturers Gearless Machines for Elevators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Gearless Machines for Elevators Product Location Distribution
3.4.2 Players Gearless Machines for Elevators 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 Gearless Machines for Elevators by Geographic Region
4.1 World Historic Gearless Machines for Elevators Market Size by Geographic Region (2020-2025)
4.1.1 Global Gearless Machines for Elevators Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Gearless Machines for Elevators Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Gearless Machines for Elevators Market Size by Country/Region (2020-2025)
4.2.1 Global Gearless Machines for Elevators Annual Sales by Country/Region (2020-2025)
4.2.2 Global Gearless Machines for Elevators Annual Revenue by Country/Region (2020-2025)
4.3 Americas Gearless Machines for Elevators Sales Growth
4.4 APAC Gearless Machines for Elevators Sales Growth
4.5 Europe Gearless Machines for Elevators Sales Growth
4.6 Middle East & Africa Gearless Machines for Elevators Sales Growth
5 Americas
5.1 Americas Gearless Machines for Elevators Sales by Country
5.1.1 Americas Gearless Machines for Elevators Sales by Country (2020-2025)
5.1.2 Americas Gearless Machines for Elevators Revenue by Country (2020-2025)
5.2 Americas Gearless Machines for Elevators Sales by Type (2020-2025)
5.3 Americas Gearless Machines for Elevators Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Gearless Machines for Elevators Sales by Region
6.1.1 APAC Gearless Machines for Elevators Sales by Region (2020-2025)
6.1.2 APAC Gearless Machines for Elevators Revenue by Region (2020-2025)
6.2 APAC Gearless Machines for Elevators Sales by Type (2020-2025)
6.3 APAC Gearless Machines for Elevators 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 Gearless Machines for Elevators by Country
7.1.1 Europe Gearless Machines for Elevators Sales by Country (2020-2025)
7.1.2 Europe Gearless Machines for Elevators Revenue by Country (2020-2025)
7.2 Europe Gearless Machines for Elevators Sales by Type (2020-2025)
7.3 Europe Gearless Machines for Elevators 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 Gearless Machines for Elevators by Country
8.1.1 Middle East & Africa Gearless Machines for Elevators Sales by Country (2020-2025)
8.1.2 Middle East & Africa Gearless Machines for Elevators Revenue by Country (2020-2025)
8.2 Middle East & Africa Gearless Machines for Elevators Sales by Type (2020-2025)
8.3 Middle East & Africa Gearless Machines for Elevators 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 Gearless Machines for Elevators
10.3 Manufacturing Process Analysis of Gearless Machines for Elevators
10.4 Industry Chain Structure of Gearless Machines for Elevators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Gearless Machines for Elevators Distributors
11.3 Gearless Machines for Elevators Customer
12 World Forecast Review for Gearless Machines for Elevators by Geographic Region
12.1 Global Gearless Machines for Elevators Market Size Forecast by Region
12.1.1 Global Gearless Machines for Elevators Forecast by Region (2026-2031)
12.1.2 Global Gearless Machines for Elevators 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 Gearless Machines for Elevators Forecast by Type (2026-2031)
12.7 Global Gearless Machines for Elevators Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Sumitomo Heavy Industries
13.1.1 Sumitomo Heavy Industries Company Information
13.1.2 Sumitomo Heavy Industries Gearless Machines for Elevators Product Portfolios and Specifications
13.1.3 Sumitomo Heavy Industries Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Sumitomo Heavy Industries Main Business Overview
13.1.5 Sumitomo Heavy Industries Latest Developments
13.2 Tectronics Engineers
13.2.1 Tectronics Engineers Company Information
13.2.2 Tectronics Engineers Gearless Machines for Elevators Product Portfolios and Specifications
13.2.3 Tectronics Engineers Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Tectronics Engineers Main Business Overview
13.2.5 Tectronics Engineers Latest Developments
13.3 Hollister-Whitney
13.3.1 Hollister-Whitney Company Information
13.3.2 Hollister-Whitney Gearless Machines for Elevators Product Portfolios and Specifications
13.3.3 Hollister-Whitney Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Hollister-Whitney Main Business Overview
13.3.5 Hollister-Whitney Latest Developments
13.4 Ziehl-Abegg
13.4.1 Ziehl-Abegg Company Information
13.4.2 Ziehl-Abegg Gearless Machines for Elevators Product Portfolios and Specifications
13.4.3 Ziehl-Abegg Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Ziehl-Abegg Main Business Overview
13.4.5 Ziehl-Abegg Latest Developments
13.5 Xinda Elevator
13.5.1 Xinda Elevator Company Information
13.5.2 Xinda Elevator Gearless Machines for Elevators Product Portfolios and Specifications
13.5.3 Xinda Elevator Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Xinda Elevator Main Business Overview
13.5.5 Xinda Elevator Latest Developments
13.6 Schumacher Elevator
13.6.1 Schumacher Elevator Company Information
13.6.2 Schumacher Elevator Gearless Machines for Elevators Product Portfolios and Specifications
13.6.3 Schumacher Elevator Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Schumacher Elevator Main Business Overview
13.6.5 Schumacher Elevator Latest Developments
13.7 Nidec Elevator Group
13.7.1 Nidec Elevator Group Company Information
13.7.2 Nidec Elevator Group Gearless Machines for Elevators Product Portfolios and Specifications
13.7.3 Nidec Elevator Group Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Nidec Elevator Group Main Business Overview
13.7.5 Nidec Elevator Group Latest Developments
13.8 CEG Innova
13.8.1 CEG Innova Company Information
13.8.2 CEG Innova Gearless Machines for Elevators Product Portfolios and Specifications
13.8.3 CEG Innova Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 CEG Innova Main Business Overview
13.8.5 CEG Innova Latest Developments
13.9 Alberto Sassi SpA
13.9.1 Alberto Sassi SpA Company Information
13.9.2 Alberto Sassi SpA Gearless Machines for Elevators Product Portfolios and Specifications
13.9.3 Alberto Sassi SpA Gearless Machines for Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Alberto Sassi SpA Main Business Overview
13.9.5 Alberto Sassi SpA Latest Developments
14 Research Findings and Conclusion
*If Applicable.