

The global market for Compact Machine Room Elevator was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Compact Machine Room Elevator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Compact Machine Room Elevator by region & country, by Type, and by Application.
The Compact Machine Room Elevator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compact Machine Room Elevator.
Market Segmentation
By Company
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
Segment by Type:
Traction
Hydraulic
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Compact Machine Room Elevator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Compact Machine Room Elevator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Compact Machine Room Elevator in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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1 Market Overview
1.1 Compact Machine Room Elevator Product Introduction
1.2 Global Compact Machine Room Elevator Market Size Forecast
1.2.1 Global Compact Machine Room Elevator Sales Value (2019-2030)
1.2.2 Global Compact Machine Room Elevator Sales Volume (2019-2030)
1.2.3 Global Compact Machine Room Elevator Sales Price (2019-2030)
1.3 Compact Machine Room Elevator Market Trends & Drivers
1.3.1 Compact Machine Room Elevator Industry Trends
1.3.2 Compact Machine Room Elevator Market Drivers & Opportunity
1.3.3 Compact Machine Room Elevator Market Challenges
1.3.4 Compact Machine Room Elevator Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Compact Machine Room Elevator Players Revenue Ranking (2023)
2.2 Global Compact Machine Room Elevator Revenue by Company (2019-2024)
2.3 Global Compact Machine Room Elevator Players Sales Volume Ranking (2023)
2.4 Global Compact Machine Room Elevator Sales Volume by Company Players (2019-2024)
2.5 Global Compact Machine Room Elevator Average Price by Company (2019-2024)
2.6 Key Manufacturers Compact Machine Room Elevator Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Compact Machine Room Elevator Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Compact Machine Room Elevator
2.9 Compact Machine Room Elevator Market Competitive Analysis
2.9.1 Compact Machine Room Elevator Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Compact Machine Room Elevator Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Compact Machine Room Elevator as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Traction
3.1.2 Hydraulic
3.2 Global Compact Machine Room Elevator Sales Value by Type
3.2.1 Global Compact Machine Room Elevator Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Compact Machine Room Elevator Sales Value, by Type (2019-2030)
3.2.3 Global Compact Machine Room Elevator Sales Value, by Type (%) (2019-2030)
3.3 Global Compact Machine Room Elevator Sales Volume by Type
3.3.1 Global Compact Machine Room Elevator Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Compact Machine Room Elevator Sales Volume, by Type (2019-2030)
3.3.3 Global Compact Machine Room Elevator Sales Volume, by Type (%) (2019-2030)
3.4 Global Compact Machine Room Elevator Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.1.3 Industrial
4.2 Global Compact Machine Room Elevator Sales Value by Application
4.2.1 Global Compact Machine Room Elevator Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Compact Machine Room Elevator Sales Value, by Application (2019-2030)
4.2.3 Global Compact Machine Room Elevator Sales Value, by Application (%) (2019-2030)
4.3 Global Compact Machine Room Elevator Sales Volume by Application
4.3.1 Global Compact Machine Room Elevator Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Compact Machine Room Elevator Sales Volume, by Application (2019-2030)
4.3.3 Global Compact Machine Room Elevator Sales Volume, by Application (%) (2019-2030)
4.4 Global Compact Machine Room Elevator Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Compact Machine Room Elevator Sales Value by Region
5.1.1 Global Compact Machine Room Elevator Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Compact Machine Room Elevator Sales Value by Region (2019-2024)
5.1.3 Global Compact Machine Room Elevator Sales Value by Region (2025-2030)
5.1.4 Global Compact Machine Room Elevator Sales Value by Region (%), (2019-2030)
5.2 Global Compact Machine Room Elevator Sales Volume by Region
5.2.1 Global Compact Machine Room Elevator Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Compact Machine Room Elevator Sales Volume by Region (2019-2024)
5.2.3 Global Compact Machine Room Elevator Sales Volume by Region (2025-2030)
5.2.4 Global Compact Machine Room Elevator Sales Volume by Region (%), (2019-2030)
5.3 Global Compact Machine Room Elevator Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Compact Machine Room Elevator Sales Value, 2019-2030
5.4.2 North America Compact Machine Room Elevator Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Compact Machine Room Elevator Sales Value, 2019-2030
5.5.2 Europe Compact Machine Room Elevator Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Compact Machine Room Elevator Sales Value, 2019-2030
5.6.2 Asia Pacific Compact Machine Room Elevator Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Compact Machine Room Elevator Sales Value, 2019-2030
5.7.2 South America Compact Machine Room Elevator Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Compact Machine Room Elevator Sales Value, 2019-2030
5.8.2 Middle East & Africa Compact Machine Room Elevator Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Compact Machine Room Elevator Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Compact Machine Room Elevator Sales Value
6.2.1 Key Countries/Regions Compact Machine Room Elevator Sales Value, 2019-2030
6.2.2 Key Countries/Regions Compact Machine Room Elevator Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Compact Machine Room Elevator Sales Value, 2019-2030
6.3.2 United States Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Compact Machine Room Elevator Sales Value, 2019-2030
6.4.2 Europe Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Compact Machine Room Elevator Sales Value, 2019-2030
6.5.2 China Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.5.3 China Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Compact Machine Room Elevator Sales Value, 2019-2030
6.6.2 Japan Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Compact Machine Room Elevator Sales Value, 2019-2030
6.7.2 South Korea Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Compact Machine Room Elevator Sales Value, 2019-2030
6.8.2 Southeast Asia Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Compact Machine Room Elevator Sales Value, 2019-2030
6.9.2 India Compact Machine Room Elevator Sales Value by Type (%), 2023 VS 2030
6.9.3 India Compact Machine Room Elevator Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Otis
7.1.1 Otis Company Information
7.1.2 Otis Introduction and Business Overview
7.1.3 Otis Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Otis Compact Machine Room Elevator Product Offerings
7.1.5 Otis Recent Development
7.2 Schindler Group
7.2.1 Schindler Group Company Information
7.2.2 Schindler Group Introduction and Business Overview
7.2.3 Schindler Group Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Schindler Group Compact Machine Room Elevator Product Offerings
7.2.5 Schindler Group Recent Development
7.3 ThyssenKrupp
7.3.1 ThyssenKrupp Company Information
7.3.2 ThyssenKrupp Introduction and Business Overview
7.3.3 ThyssenKrupp Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.3.4 ThyssenKrupp Compact Machine Room Elevator Product Offerings
7.3.5 ThyssenKrupp Recent Development
7.4 Kone
7.4.1 Kone Company Information
7.4.2 Kone Introduction and Business Overview
7.4.3 Kone Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Kone Compact Machine Room Elevator Product Offerings
7.4.5 Kone Recent Development
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Company Information
7.5.2 Mitsubishi Electric Introduction and Business Overview
7.5.3 Mitsubishi Electric Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Mitsubishi Electric Compact Machine Room Elevator Product Offerings
7.5.5 Mitsubishi Electric Recent Development
7.6 Toshiba
7.6.1 Toshiba Company Information
7.6.2 Toshiba Introduction and Business Overview
7.6.3 Toshiba Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Toshiba Compact Machine Room Elevator Product Offerings
7.6.5 Toshiba Recent Development
7.7 Hitachi
7.7.1 Hitachi Company Information
7.7.2 Hitachi Introduction and Business Overview
7.7.3 Hitachi Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Hitachi Compact Machine Room Elevator Product Offerings
7.7.5 Hitachi Recent Development
7.8 Fujitec
7.8.1 Fujitec Company Information
7.8.2 Fujitec Introduction and Business Overview
7.8.3 Fujitec Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Fujitec Compact Machine Room Elevator Product Offerings
7.8.5 Fujitec Recent Development
7.9 Hyundai
7.9.1 Hyundai Company Information
7.9.2 Hyundai Introduction and Business Overview
7.9.3 Hyundai Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Hyundai Compact Machine Room Elevator Product Offerings
7.9.5 Hyundai Recent Development
7.10 Yungtay Engineering
7.10.1 Yungtay Engineering Company Information
7.10.2 Yungtay Engineering Introduction and Business Overview
7.10.3 Yungtay Engineering Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.10.4 Yungtay Engineering Compact Machine Room Elevator Product Offerings
7.10.5 Yungtay Engineering Recent Development
7.11 Canny Elevator
7.11.1 Canny Elevator Company Information
7.11.2 Canny Elevator Introduction and Business Overview
7.11.3 Canny Elevator Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.11.4 Canny Elevator Compact Machine Room Elevator Product Offerings
7.11.5 Canny Elevator Recent Development
7.12 Volkslift
7.12.1 Volkslift Company Information
7.12.2 Volkslift Introduction and Business Overview
7.12.3 Volkslift Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Volkslift Compact Machine Room Elevator Product Offerings
7.12.5 Volkslift Recent Development
7.13 Syney Elevator
7.13.1 Syney Elevator Company Information
7.13.2 Syney Elevator Introduction and Business Overview
7.13.3 Syney Elevator Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Syney Elevator Compact Machine Room Elevator Product Offerings
7.13.5 Syney Elevator Recent Development
7.14 Sicher Elevator
7.14.1 Sicher Elevator Company Information
7.14.2 Sicher Elevator Introduction and Business Overview
7.14.3 Sicher Elevator Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Sicher Elevator Compact Machine Room Elevator Product Offerings
7.14.5 Sicher Elevator Recent Development
7.15 SJEC
7.15.1 SJEC Company Information
7.15.2 SJEC Introduction and Business Overview
7.15.3 SJEC Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.15.4 SJEC Compact Machine Room Elevator Product Offerings
7.15.5 SJEC Recent Development
7.16 Guangri Elevator
7.16.1 Guangri Elevator Company Information
7.16.2 Guangri Elevator Introduction and Business Overview
7.16.3 Guangri Elevator Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Guangri Elevator Compact Machine Room Elevator Product Offerings
7.16.5 Guangri Elevator Recent Development
7.17 Hangzhou XiOlift
7.17.1 Hangzhou XiOlift Company Information
7.17.2 Hangzhou XiOlift Introduction and Business Overview
7.17.3 Hangzhou XiOlift Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Hangzhou XiOlift Compact Machine Room Elevator Product Offerings
7.17.5 Hangzhou XiOlift Recent Development
7.18 Edunburgh Elevator
7.18.1 Edunburgh Elevator Company Information
7.18.2 Edunburgh Elevator Introduction and Business Overview
7.18.3 Edunburgh Elevator Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Edunburgh Elevator Compact Machine Room Elevator Product Offerings
7.18.5 Edunburgh Elevator Recent Development
7.19 Suzhou Diao
7.19.1 Suzhou Diao Company Information
7.19.2 Suzhou Diao Introduction and Business Overview
7.19.3 Suzhou Diao Compact Machine Room Elevator Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Suzhou Diao Compact Machine Room Elevator Product Offerings
7.19.5 Suzhou Diao Recent Development
8 Industry Chain Analysis
8.1 Compact Machine Room Elevator Industrial Chain
8.2 Compact Machine Room Elevator Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Compact Machine Room Elevator Sales Model
8.5.2 Sales Channel
8.5.3 Compact Machine Room Elevator Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
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
Ìý
Ìý
*If Applicable.