Global Traction Elevator Systems Market Growth 2025-2031

Publication ID:

LPI02251060

Publication Date:

February 10, 2025

Pages:

130

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Traction Elevator Systems 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 鈥淭raction Elevator Systems Industry Forecast鈥� looks at past sales and reviews total world Traction Elevator Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Traction Elevator Systems sales for 2025 through 2031. With Traction Elevator Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Traction Elevator Systems industry.
This Insight Report provides a comprehensive analysis of the global Traction Elevator Systems 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 Traction Elevator Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Traction Elevator Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traction Elevator Systems 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 Traction Elevator Systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Traction Elevator Systems market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Freight Elevator
Passenger Elevator
Segmentation by Application:
Residential
Commercial
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
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
Key Questions Addressed in this Report
What is the 10-year outlook for the global Traction Elevator Systems market?
What factors are driving Traction Elevator Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Traction Elevator Systems market opportunities vary by end market size?
How does Traction Elevator Systems 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.

Table Of Contents:

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 Traction Elevator Systems Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Traction Elevator Systems by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Traction Elevator Systems by Country/Region, 2020, 2024 & 2031
2.2 Traction Elevator Systems Segment by Type
2.2.1 Freight Elevator
2.2.2 Passenger Elevator
2.3 Traction Elevator Systems Sales by Type
2.3.1 Global Traction Elevator Systems Sales Market Share by Type (2020-2025)
2.3.2 Global Traction Elevator Systems Revenue and Market Share by Type (2020-2025)
2.3.3 Global Traction Elevator Systems Sale Price by Type (2020-2025)
2.4 Traction Elevator Systems Segment by Application
2.4.1 Residential
2.4.2 Commercial
2.5 Traction Elevator Systems Sales by Application
2.5.1 Global Traction Elevator Systems Sale Market Share by Application (2020-2025)
2.5.2 Global Traction Elevator Systems Revenue and Market Share by Application (2020-2025)
2.5.3 Global Traction Elevator Systems Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Traction Elevator Systems Breakdown Data by Company
3.1.1 Global Traction Elevator Systems Annual Sales by Company (2020-2025)
3.1.2 Global Traction Elevator Systems Sales Market Share by Company (2020-2025)
3.2 Global Traction Elevator Systems Annual Revenue by Company (2020-2025)
3.2.1 Global Traction Elevator Systems Revenue by Company (2020-2025)
3.2.2 Global Traction Elevator Systems Revenue Market Share by Company (2020-2025)
3.3 Global Traction Elevator Systems Sale Price by Company
3.4 Key Manufacturers Traction Elevator Systems Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Traction Elevator Systems Product Location Distribution
3.4.2 Players Traction Elevator Systems 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 Traction Elevator Systems by Geographic Region
4.1 World Historic Traction Elevator Systems Market Size by Geographic Region (2020-2025)
4.1.1 Global Traction Elevator Systems Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Traction Elevator Systems Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Traction Elevator Systems Market Size by Country/Region (2020-2025)
4.2.1 Global Traction Elevator Systems Annual Sales by Country/Region (2020-2025)
4.2.2 Global Traction Elevator Systems Annual Revenue by Country/Region (2020-2025)
4.3 Americas Traction Elevator Systems Sales Growth
4.4 APAC Traction Elevator Systems Sales Growth
4.5 Europe Traction Elevator Systems Sales Growth
4.6 Middle East & Africa Traction Elevator Systems Sales Growth
5 Americas
5.1 Americas Traction Elevator Systems Sales by Country
5.1.1 Americas Traction Elevator Systems Sales by Country (2020-2025)
5.1.2 Americas Traction Elevator Systems Revenue by Country (2020-2025)
5.2 Americas Traction Elevator Systems Sales by Type (2020-2025)
5.3 Americas Traction Elevator Systems Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Traction Elevator Systems Sales by Region
6.1.1 APAC Traction Elevator Systems Sales by Region (2020-2025)
6.1.2 APAC Traction Elevator Systems Revenue by Region (2020-2025)
6.2 APAC Traction Elevator Systems Sales by Type (2020-2025)
6.3 APAC Traction Elevator Systems 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 Traction Elevator Systems by Country
7.1.1 Europe Traction Elevator Systems Sales by Country (2020-2025)
7.1.2 Europe Traction Elevator Systems Revenue by Country (2020-2025)
7.2 Europe Traction Elevator Systems Sales by Type (2020-2025)
7.3 Europe Traction Elevator Systems 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 Traction Elevator Systems by Country
8.1.1 Middle East & Africa Traction Elevator Systems Sales by Country (2020-2025)
8.1.2 Middle East & Africa Traction Elevator Systems Revenue by Country (2020-2025)
8.2 Middle East & Africa Traction Elevator Systems Sales by Type (2020-2025)
8.3 Middle East & Africa Traction Elevator Systems 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 Traction Elevator Systems
10.3 Manufacturing Process Analysis of Traction Elevator Systems
10.4 Industry Chain Structure of Traction Elevator Systems
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Traction Elevator Systems Distributors
11.3 Traction Elevator Systems Customer
12 World Forecast Review for Traction Elevator Systems by Geographic Region
12.1 Global Traction Elevator Systems Market Size Forecast by Region
12.1.1 Global Traction Elevator Systems Forecast by Region (2026-2031)
12.1.2 Global Traction Elevator Systems 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 Traction Elevator Systems Forecast by Type (2026-2031)
12.7 Global Traction Elevator Systems Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Otis
13.1.1 Otis Company Information
13.1.2 Otis Traction Elevator Systems Product Portfolios and Specifications
13.1.3 Otis Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Otis Main Business Overview
13.1.5 Otis Latest Developments
13.2 Schindler Group
13.2.1 Schindler Group Company Information
13.2.2 Schindler Group Traction Elevator Systems Product Portfolios and Specifications
13.2.3 Schindler Group Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Schindler Group Main Business Overview
13.2.5 Schindler Group Latest Developments
13.3 ThyssenKrupp
13.3.1 ThyssenKrupp Company Information
13.3.2 ThyssenKrupp Traction Elevator Systems Product Portfolios and Specifications
13.3.3 ThyssenKrupp Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 ThyssenKrupp Main Business Overview
13.3.5 ThyssenKrupp Latest Developments
13.4 Kone
13.4.1 Kone Company Information
13.4.2 Kone Traction Elevator Systems Product Portfolios and Specifications
13.4.3 Kone Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Kone Main Business Overview
13.4.5 Kone Latest Developments
13.5 Mitsubishi Electric
13.5.1 Mitsubishi Electric Company Information
13.5.2 Mitsubishi Electric Traction Elevator Systems Product Portfolios and Specifications
13.5.3 Mitsubishi Electric Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Mitsubishi Electric Main Business Overview
13.5.5 Mitsubishi Electric Latest Developments
13.6 Toshiba
13.6.1 Toshiba Company Information
13.6.2 Toshiba Traction Elevator Systems Product Portfolios and Specifications
13.6.3 Toshiba Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Toshiba Main Business Overview
13.6.5 Toshiba Latest Developments
13.7 Hitachi
13.7.1 Hitachi Company Information
13.7.2 Hitachi Traction Elevator Systems Product Portfolios and Specifications
13.7.3 Hitachi Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Hitachi Main Business Overview
13.7.5 Hitachi Latest Developments
13.8 Fujitec
13.8.1 Fujitec Company Information
13.8.2 Fujitec Traction Elevator Systems Product Portfolios and Specifications
13.8.3 Fujitec Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Fujitec Main Business Overview
13.8.5 Fujitec Latest Developments
13.9 Hyundai
13.9.1 Hyundai Company Information
13.9.2 Hyundai Traction Elevator Systems Product Portfolios and Specifications
13.9.3 Hyundai Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hyundai Main Business Overview
13.9.5 Hyundai Latest Developments
13.10 Yungtay Engineering
13.10.1 Yungtay Engineering Company Information
13.10.2 Yungtay Engineering Traction Elevator Systems Product Portfolios and Specifications
13.10.3 Yungtay Engineering Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Yungtay Engineering Main Business Overview
13.10.5 Yungtay Engineering Latest Developments
13.11 Canny Elevator
13.11.1 Canny Elevator Company Information
13.11.2 Canny Elevator Traction Elevator Systems Product Portfolios and Specifications
13.11.3 Canny Elevator Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Canny Elevator Main Business Overview
13.11.5 Canny Elevator Latest Developments
13.12 Volkslift
13.12.1 Volkslift Company Information
13.12.2 Volkslift Traction Elevator Systems Product Portfolios and Specifications
13.12.3 Volkslift Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Volkslift Main Business Overview
13.12.5 Volkslift Latest Developments
13.13 Syney Elevator
13.13.1 Syney Elevator Company Information
13.13.2 Syney Elevator Traction Elevator Systems Product Portfolios and Specifications
13.13.3 Syney Elevator Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Syney Elevator Main Business Overview
13.13.5 Syney Elevator Latest Developments
13.14 Sicher Elevator
13.14.1 Sicher Elevator Company Information
13.14.2 Sicher Elevator Traction Elevator Systems Product Portfolios and Specifications
13.14.3 Sicher Elevator Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Sicher Elevator Main Business Overview
13.14.5 Sicher Elevator Latest Developments
13.15 SJEC
13.15.1 SJEC Company Information
13.15.2 SJEC Traction Elevator Systems Product Portfolios and Specifications
13.15.3 SJEC Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 SJEC Main Business Overview
13.15.5 SJEC Latest Developments
13.16 Guangri Elevator
13.16.1 Guangri Elevator Company Information
13.16.2 Guangri Elevator Traction Elevator Systems Product Portfolios and Specifications
13.16.3 Guangri Elevator Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Guangri Elevator Main Business Overview
13.16.5 Guangri Elevator Latest Developments
13.17 Hangzhou XiOlift
13.17.1 Hangzhou XiOlift Company Information
13.17.2 Hangzhou XiOlift Traction Elevator Systems Product Portfolios and Specifications
13.17.3 Hangzhou XiOlift Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Hangzhou XiOlift Main Business Overview
13.17.5 Hangzhou XiOlift Latest Developments
13.18 Edunburgh Elevator
13.18.1 Edunburgh Elevator Company Information
13.18.2 Edunburgh Elevator Traction Elevator Systems Product Portfolios and Specifications
13.18.3 Edunburgh Elevator Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Edunburgh Elevator Main Business Overview
13.18.5 Edunburgh Elevator Latest Developments
13.19 Suzhou Diao
13.19.1 Suzhou Diao Company Information
13.19.2 Suzhou Diao Traction Elevator Systems Product Portfolios and Specifications
13.19.3 Suzhou Diao Traction Elevator Systems Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Suzhou Diao Main Business Overview
13.19.5 Suzhou Diao Latest Developments
14 Research Findings and Conclusion

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