

The global Compact Machine Room Elevator market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing 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.
This report aims to provide a comprehensive presentation of the global market for Compact Machine Room 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 Compact Machine Room Elevator.
Report Scope
The Compact Machine Room Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Compact Machine Room 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 Compact Machine Room 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
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
Production by Region
North America
Europe
China
Japan
Consumption 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, 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 Compact Machine Room Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Compact Machine Room 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 Compact Machine Room 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 Compact Machine Room Elevator Market Overview
1.1 Product Definition
1.2 Compact Machine Room Elevator Segment by Type
1.2.1 Global Compact Machine Room Elevator Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Traction
1.2.3 Hydraulic
1.3 Compact Machine Room Elevator Segment by Application
1.3.1 Global Compact Machine Room Elevator Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Compact Machine Room Elevator Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Compact Machine Room Elevator Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Compact Machine Room Elevator Production Estimates and Forecasts (2019-2030)
1.4.4 Global Compact Machine Room Elevator Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Compact Machine Room Elevator Production Market Share by Manufacturers (2019-2024)
2.2 Global Compact Machine Room Elevator Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Compact Machine Room Elevator, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Compact Machine Room Elevator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Compact Machine Room Elevator Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Compact Machine Room Elevator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Compact Machine Room Elevator, Product Offered and Application
2.8 Global Key Manufacturers of Compact Machine Room Elevator, Date of Enter into This Industry
2.9 Compact Machine Room Elevator Market Competitive Situation and Trends
2.9.1 Compact Machine Room Elevator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Compact Machine Room Elevator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Compact Machine Room Elevator Production by Region
3.1 Global Compact Machine Room Elevator Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Compact Machine Room Elevator Production Value by Region (2019-2030)
3.2.1 Global Compact Machine Room Elevator Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Compact Machine Room Elevator by Region (2025-2030)
3.3 Global Compact Machine Room Elevator Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Compact Machine Room Elevator Production by Region (2019-2030)
3.4.1 Global Compact Machine Room Elevator Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Compact Machine Room Elevator by Region (2025-2030)
3.5 Global Compact Machine Room Elevator Market Price Analysis by Region (2019-2024)
3.6 Global Compact Machine Room Elevator Production and Value, Year-over-Year Growth
3.6.1 North America Compact Machine Room Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Compact Machine Room Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Compact Machine Room Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Compact Machine Room Elevator Production Value Estimates and Forecasts (2019-2030)
4 Compact Machine Room Elevator Consumption by Region
4.1 Global Compact Machine Room Elevator Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Compact Machine Room Elevator Consumption by Region (2019-2030)
4.2.1 Global Compact Machine Room Elevator Consumption by Region (2019-2024)
4.2.2 Global Compact Machine Room Elevator Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Compact Machine Room Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Compact Machine Room Elevator Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Compact Machine Room Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Compact Machine Room Elevator Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Compact Machine Room Elevator Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Compact Machine Room Elevator Consumption by Region (2019-2030)
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 Compact Machine Room Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Compact Machine Room Elevator Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Compact Machine Room Elevator Production by Type (2019-2030)
5.1.1 Global Compact Machine Room Elevator Production by Type (2019-2024)
5.1.2 Global Compact Machine Room Elevator Production by Type (2025-2030)
5.1.3 Global Compact Machine Room Elevator Production Market Share by Type (2019-2030)
5.2 Global Compact Machine Room Elevator Production Value by Type (2019-2030)
5.2.1 Global Compact Machine Room Elevator Production Value by Type (2019-2024)
5.2.2 Global Compact Machine Room Elevator Production Value by Type (2025-2030)
5.2.3 Global Compact Machine Room Elevator Production Value Market Share by Type (2019-2030)
5.3 Global Compact Machine Room Elevator Price by Type (2019-2030)
6 Segment by Application
6.1 Global Compact Machine Room Elevator Production by Application (2019-2030)
6.1.1 Global Compact Machine Room Elevator Production by Application (2019-2024)
6.1.2 Global Compact Machine Room Elevator Production by Application (2025-2030)
6.1.3 Global Compact Machine Room Elevator Production Market Share by Application (2019-2030)
6.2 Global Compact Machine Room Elevator Production Value by Application (2019-2030)
6.2.1 Global Compact Machine Room Elevator Production Value by Application (2019-2024)
6.2.2 Global Compact Machine Room Elevator Production Value by Application (2025-2030)
6.2.3 Global Compact Machine Room Elevator Production Value Market Share by Application (2019-2030)
6.3 Global Compact Machine Room Elevator Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Compact Machine Room Elevator Corporation Information
7.1.2 Otis Compact Machine Room Elevator Product Portfolio
7.1.3 Otis Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Otis Main Business and Markets Served
7.1.5 Otis Recent Developments/Updates
7.2 Schindler Group
7.2.1 Schindler Group Compact Machine Room Elevator Corporation Information
7.2.2 Schindler Group Compact Machine Room Elevator Product Portfolio
7.2.3 Schindler Group Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Schindler Group Main Business and Markets Served
7.2.5 Schindler Group Recent Developments/Updates
7.3 ThyssenKrupp
7.3.1 ThyssenKrupp Compact Machine Room Elevator Corporation Information
7.3.2 ThyssenKrupp Compact Machine Room Elevator Product Portfolio
7.3.3 ThyssenKrupp Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ThyssenKrupp Main Business and Markets Served
7.3.5 ThyssenKrupp Recent Developments/Updates
7.4 Kone
7.4.1 Kone Compact Machine Room Elevator Corporation Information
7.4.2 Kone Compact Machine Room Elevator Product Portfolio
7.4.3 Kone Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kone Main Business and Markets Served
7.4.5 Kone Recent Developments/Updates
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Compact Machine Room Elevator Corporation Information
7.5.2 Mitsubishi Electric Compact Machine Room Elevator Product Portfolio
7.5.3 Mitsubishi Electric Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Mitsubishi Electric Main Business and Markets Served
7.5.5 Mitsubishi Electric Recent Developments/Updates
7.6 Toshiba
7.6.1 Toshiba Compact Machine Room Elevator Corporation Information
7.6.2 Toshiba Compact Machine Room Elevator Product Portfolio
7.6.3 Toshiba Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Toshiba Main Business and Markets Served
7.6.5 Toshiba Recent Developments/Updates
7.7 Hitachi
7.7.1 Hitachi Compact Machine Room Elevator Corporation Information
7.7.2 Hitachi Compact Machine Room Elevator Product Portfolio
7.7.3 Hitachi Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Hitachi Main Business and Markets Served
7.7.5 Hitachi Recent Developments/Updates
7.8 Fujitec
7.8.1 Fujitec Compact Machine Room Elevator Corporation Information
7.8.2 Fujitec Compact Machine Room Elevator Product Portfolio
7.8.3 Fujitec Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Fujitec Main Business and Markets Served
7.7.5 Fujitec Recent Developments/Updates
7.9 Hyundai
7.9.1 Hyundai Compact Machine Room Elevator Corporation Information
7.9.2 Hyundai Compact Machine Room Elevator Product Portfolio
7.9.3 Hyundai Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Hyundai Main Business and Markets Served
7.9.5 Hyundai Recent Developments/Updates
7.10 Yungtay Engineering
7.10.1 Yungtay Engineering Compact Machine Room Elevator Corporation Information
7.10.2 Yungtay Engineering Compact Machine Room Elevator Product Portfolio
7.10.3 Yungtay Engineering Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Yungtay Engineering Main Business and Markets Served
7.10.5 Yungtay Engineering Recent Developments/Updates
7.11 Canny Elevator
7.11.1 Canny Elevator Compact Machine Room Elevator Corporation Information
7.11.2 Canny Elevator Compact Machine Room Elevator Product Portfolio
7.11.3 Canny Elevator Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
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 Compact Machine Room Elevator Corporation Information
7.12.2 Volkslift Compact Machine Room Elevator Product Portfolio
7.12.3 Volkslift Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Volkslift Main Business and Markets Served
7.12.5 Volkslift Recent Developments/Updates
7.13 Syney Elevator
7.13.1 Syney Elevator Compact Machine Room Elevator Corporation Information
7.13.2 Syney Elevator Compact Machine Room Elevator Product Portfolio
7.13.3 Syney Elevator Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Syney Elevator Main Business and Markets Served
7.13.5 Syney Elevator Recent Developments/Updates
7.14 Sicher Elevator
7.14.1 Sicher Elevator Compact Machine Room Elevator Corporation Information
7.14.2 Sicher Elevator Compact Machine Room Elevator Product Portfolio
7.14.3 Sicher Elevator Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Sicher Elevator Main Business and Markets Served
7.14.5 Sicher Elevator Recent Developments/Updates
7.15 SJEC
7.15.1 SJEC Compact Machine Room Elevator Corporation Information
7.15.2 SJEC Compact Machine Room Elevator Product Portfolio
7.15.3 SJEC Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.15.4 SJEC Main Business and Markets Served
7.15.5 SJEC Recent Developments/Updates
7.16 Guangri Elevator
7.16.1 Guangri Elevator Compact Machine Room Elevator Corporation Information
7.16.2 Guangri Elevator Compact Machine Room Elevator Product Portfolio
7.16.3 Guangri Elevator Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Guangri Elevator Main Business and Markets Served
7.16.5 Guangri Elevator Recent Developments/Updates
7.17 Hangzhou XiOlift
7.17.1 Hangzhou XiOlift Compact Machine Room Elevator Corporation Information
7.17.2 Hangzhou XiOlift Compact Machine Room Elevator Product Portfolio
7.17.3 Hangzhou XiOlift Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Hangzhou XiOlift Main Business and Markets Served
7.17.5 Hangzhou XiOlift Recent Developments/Updates
7.18 Edunburgh Elevator
7.18.1 Edunburgh Elevator Compact Machine Room Elevator Corporation Information
7.18.2 Edunburgh Elevator Compact Machine Room Elevator Product Portfolio
7.18.3 Edunburgh Elevator Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Edunburgh Elevator Main Business and Markets Served
7.18.5 Edunburgh Elevator Recent Developments/Updates
7.19 Suzhou Diao
7.19.1 Suzhou Diao Compact Machine Room Elevator Corporation Information
7.19.2 Suzhou Diao Compact Machine Room Elevator Product Portfolio
7.19.3 Suzhou Diao Compact Machine Room Elevator Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Suzhou Diao Main Business and Markets Served
7.19.5 Suzhou Diao Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Compact Machine Room Elevator Industry Chain Analysis
8.2 Compact Machine Room Elevator Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Compact Machine Room Elevator Production Mode & Process
8.4 Compact Machine Room Elevator Sales and Marketing
8.4.1 Compact Machine Room Elevator Sales Channels
8.4.2 Compact Machine Room Elevator Distributors
8.5 Compact Machine Room Elevator Customers
9 Compact Machine Room Elevator Market Dynamics
9.1 Compact Machine Room Elevator Industry Trends
9.2 Compact Machine Room Elevator Market Drivers
9.3 Compact Machine Room Elevator Market Challenges
9.4 Compact Machine Room Elevator Market Restraints
10 Research Finding 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
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.