The global market for Building Machine Room-Less Elevator was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Building machine room-less elevator utilize a gearless traction machine located in the hoistway. The use of a counterweight assists the machine in turning the elevator sheave, which moves the cab through the hoistway. Currently, the typical models of building machine room-less elevator include Otisās Gen3ā¢ Elevator, Koneās MONOSPACEĀ® DX ELEVATORS, etc.
North American market for Building Machine Room-Less Elevator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Building Machine Room-Less Elevator is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Building Machine Room-Less Elevator include Otis, Kone, Schindler, Mitsubishi Electric, TK Elevator, Hitachi, Toshiba, Hyundai, Hangzhou XiOlift, Fujitec, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Building Machine Room-Less Elevator, 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 Building Machine Room-Less Elevator.
The Building Machine Room-Less Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Building Machine Room-Less Elevator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Building Machine Room-Less Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Canny Elevator
Volkslift
Guangri Elevator
by Type
High Speed
Medium Speed
Low Speed
by Application
Residential
Commercial
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Building Machine Room-Less Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Building Machine Room-Less Elevator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Building Machine Room-Less Elevator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces 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 10: The main points and conclusions of the report.
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1 Building Machine Room-Less Elevator Market Overview
1.1 Product Definition
1.2 Building Machine Room-Less Elevator by Type
1.2.1 Global Building Machine Room-Less Elevator Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 High Speed
1.2.3 Medium Speed
1.2.4 Low Speed
1.3 Building Machine Room-Less Elevator by Application
1.3.1 Global Building Machine Room-Less Elevator Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Building Machine Room-Less Elevator Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Building Machine Room-Less Elevator Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Building Machine Room-Less Elevator Production Estimates and Forecasts (2020-2031)
1.4.4 Global Building Machine Room-Less Elevator Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Building Machine Room-Less Elevator Production Market Share by Manufacturers (2020-2025)
2.2 Global Building Machine Room-Less Elevator Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Building Machine Room-Less Elevator, Industry Ranking, 2023 VS 2024
2.4 Global Building Machine Room-Less Elevator Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Building Machine Room-Less Elevator Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Building Machine Room-Less Elevator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Building Machine Room-Less Elevator, Product Offered and Application
2.8 Global Key Manufacturers of Building Machine Room-Less Elevator, Date of Enter into This Industry
2.9 Building Machine Room-Less Elevator Market Competitive Situation and Trends
2.9.1 Building Machine Room-Less Elevator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Building Machine Room-Less Elevator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Building Machine Room-Less Elevator Production by Region
3.1 Global Building Machine Room-Less Elevator Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Building Machine Room-Less Elevator Production Value by Region (2020-2031)
3.2.1 Global Building Machine Room-Less Elevator Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Building Machine Room-Less Elevator by Region (2026-2031)
3.3 Global Building Machine Room-Less Elevator Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Building Machine Room-Less Elevator Production Volume by Region (2020-2031)
3.4.1 Global Building Machine Room-Less Elevator Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Building Machine Room-Less Elevator by Region (2026-2031)
3.5 Global Building Machine Room-Less Elevator Market Price Analysis by Region (2020-2025)
3.6 Global Building Machine Room-Less Elevator Production and Value, Year-over-Year Growth
3.6.1 North America Building Machine Room-Less Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Building Machine Room-Less Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Building Machine Room-Less Elevator Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Building Machine Room-Less Elevator Production Value Estimates and Forecasts (2020-2031)
4 Building Machine Room-Less Elevator Consumption by Region
4.1 Global Building Machine Room-Less Elevator Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Building Machine Room-Less Elevator Consumption by Region (2020-2031)
4.2.1 Global Building Machine Room-Less Elevator Consumption by Region (2020-2025)
4.2.2 Global Building Machine Room-Less Elevator Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Building Machine Room-Less Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Building Machine Room-Less Elevator Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Building Machine Room-Less Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Building Machine Room-Less Elevator Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Building Machine Room-Less Elevator Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Building Machine Room-Less Elevator Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Building Machine Room-Less Elevator Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Building Machine Room-Less Elevator Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Building Machine Room-Less Elevator Production by Type (2020-2031)
5.1.1 Global Building Machine Room-Less Elevator Production by Type (2020-2025)
5.1.2 Global Building Machine Room-Less Elevator Production by Type (2026-2031)
5.1.3 Global Building Machine Room-Less Elevator Production Market Share by Type (2020-2031)
5.2 Global Building Machine Room-Less Elevator Production Value by Type (2020-2031)
5.2.1 Global Building Machine Room-Less Elevator Production Value by Type (2020-2025)
5.2.2 Global Building Machine Room-Less Elevator Production Value by Type (2026-2031)
5.2.3 Global Building Machine Room-Less Elevator Production Value Market Share by Type (2020-2031)
5.3 Global Building Machine Room-Less Elevator Price by Type (2020-2031)
6 Segment by Application
6.1 Global Building Machine Room-Less Elevator Production by Application (2020-2031)
6.1.1 Global Building Machine Room-Less Elevator Production by Application (2020-2025)
6.1.2 Global Building Machine Room-Less Elevator Production by Application (2026-2031)
6.1.3 Global Building Machine Room-Less Elevator Production Market Share by Application (2020-2031)
6.2 Global Building Machine Room-Less Elevator Production Value by Application (2020-2031)
6.2.1 Global Building Machine Room-Less Elevator Production Value by Application (2020-2025)
6.2.2 Global Building Machine Room-Less Elevator Production Value by Application (2026-2031)
6.2.3 Global Building Machine Room-Less Elevator Production Value Market Share by Application (2020-2031)
6.3 Global Building Machine Room-Less Elevator Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Building Machine Room-Less Elevator Company Information
7.1.2 Otis Building Machine Room-Less Elevator Product Portfolio
7.1.3 Otis Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Otis Main Business and Markets Served
7.1.5 Otis Recent Developments/Updates
7.2 Kone
7.2.1 Kone Building Machine Room-Less Elevator Company Information
7.2.2 Kone Building Machine Room-Less Elevator Product Portfolio
7.2.3 Kone Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Kone Main Business and Markets Served
7.2.5 Kone Recent Developments/Updates
7.3 Schindler
7.3.1 Schindler Building Machine Room-Less Elevator Company Information
7.3.2 Schindler Building Machine Room-Less Elevator Product Portfolio
7.3.3 Schindler Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Schindler Main Business and Markets Served
7.3.5 Schindler Recent Developments/Updates
7.4 Mitsubishi Electric
7.4.1 Mitsubishi Electric Building Machine Room-Less Elevator Company Information
7.4.2 Mitsubishi Electric Building Machine Room-Less Elevator Product Portfolio
7.4.3 Mitsubishi Electric Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Mitsubishi Electric Main Business and Markets Served
7.4.5 Mitsubishi Electric Recent Developments/Updates
7.5 TK Elevator
7.5.1 TK Elevator Building Machine Room-Less Elevator Company Information
7.5.2 TK Elevator Building Machine Room-Less Elevator Product Portfolio
7.5.3 TK Elevator Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.5.4 TK Elevator Main Business and Markets Served
7.5.5 TK Elevator Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi Building Machine Room-Less Elevator Company Information
7.6.2 Hitachi Building Machine Room-Less Elevator Product Portfolio
7.6.3 Hitachi Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Toshiba
7.7.1 Toshiba Building Machine Room-Less Elevator Company Information
7.7.2 Toshiba Building Machine Room-Less Elevator Product Portfolio
7.7.3 Toshiba Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.8 Hyundai
7.8.1 Hyundai Building Machine Room-Less Elevator Company Information
7.8.2 Hyundai Building Machine Room-Less Elevator Product Portfolio
7.8.3 Hyundai Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Hyundai Main Business and Markets Served
7.8.5 Hyundai Recent Developments/Updates
7.9 Hangzhou XiOlift
7.9.1 Hangzhou XiOlift Building Machine Room-Less Elevator Company Information
7.9.2 Hangzhou XiOlift Building Machine Room-Less Elevator Product Portfolio
7.9.3 Hangzhou XiOlift Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Hangzhou XiOlift Main Business and Markets Served
7.9.5 Hangzhou XiOlift Recent Developments/Updates
7.10 Fujitec
7.10.1 Fujitec Building Machine Room-Less Elevator Company Information
7.10.2 Fujitec Building Machine Room-Less Elevator Product Portfolio
7.10.3 Fujitec Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Fujitec Main Business and Markets Served
7.10.5 Fujitec Recent Developments/Updates
7.11 Canny Elevator
7.11.1 Canny Elevator Building Machine Room-Less Elevator Company Information
7.11.2 Canny Elevator Building Machine Room-Less Elevator Product Portfolio
7.11.3 Canny Elevator Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Canny Elevator Main Business and Markets Served
7.11.5 Canny Elevator Recent Developments/Updates
7.12 Volkslift
7.12.1 Volkslift Building Machine Room-Less Elevator Company Information
7.12.2 Volkslift Building Machine Room-Less Elevator Product Portfolio
7.12.3 Volkslift Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Volkslift Main Business and Markets Served
7.12.5 Volkslift Recent Developments/Updates
7.13 Guangri Elevator
7.13.1 Guangri Elevator Building Machine Room-Less Elevator Company Information
7.13.2 Guangri Elevator Building Machine Room-Less Elevator Product Portfolio
7.13.3 Guangri Elevator Building Machine Room-Less Elevator Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Guangri Elevator Main Business and Markets Served
7.13.5 Guangri Elevator Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Building Machine Room-Less Elevator Industry Chain Analysis
8.2 Building Machine Room-Less Elevator Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Building Machine Room-Less Elevator Production Mode & Process Analysis
8.4 Building Machine Room-Less Elevator Sales and Marketing
8.4.1 Building Machine Room-Less Elevator Sales Channels
8.4.2 Building Machine Room-Less Elevator Distributors
8.5 Building Machine Room-Less Elevator Customer Analysis
9 Building Machine Room-Less Elevator Market Dynamics
9.1 Building Machine Room-Less Elevator Industry Trends
9.2 Building Machine Room-Less Elevator Market Drivers
9.3 Building Machine Room-Less Elevator Market Challenges
9.4 Building Machine Room-Less Elevator Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Canny Elevator
Volkslift
Guangri Elevator
Ģż
Ģż
*If Applicable.