The global market for Elevator Component 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.
Elevator Component refers to the various components and equipment that make up the elevator system. These components work together to ensure the normal operation of the elevator and the safety of passengers. These components include but are not limited to electric motors, control systems, door systems, guide rails, counterweight systems, safety systems, cars, etc. Each component plays a critical role in enabling the elevator to operate safely and efficiently.
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 Elevator Component, 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 Elevator Component.
The Elevator Component market size, estimations, and forecasts are provided in terms of output/shipments (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 Elevator Component 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 Elevator Component 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
Hangzhou XiOlift
Fujitec
Yungtay Engineering
SJEC
Avire Ltd (Halma plc.)
B枚hnke & Partner GmbH
Elevator Equipment Corporation (EECO)
Elevator Products Corporation
Fermator Group
GAL Manufacturing Corp.
Hans & Jos. Kronenberg GmbH
Hissmekano AB
Hydroware
Nidec Kinetek Elevator Technology (NKET)
Wittur Group
Eros Elevators
SEES Inc.
Quality Elevator Products:
ADAMS Elevator
Texacone
Delco Elevator Products
Mowrey Elevator Company
by Type
Drive System
Control System
Counterweight System
Others
by Application
Elevators for Passengers
Elevators for Freight
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 Elevator Component manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Elevator Component 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 Elevator Component 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 Elevator Component Market Overview
1.1 Product Definition
1.2 Elevator Component by Type
1.2.1 Global Elevator Component Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Drive System
1.2.3 Control System
1.2.4 Counterweight System
1.2.5 Others
1.3 Elevator Component by Application
1.3.1 Global Elevator Component Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Elevators for Passengers
1.3.3 Elevators for Freight
1.4 Global Market Growth Prospects
1.4.1 Global Elevator Component Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Elevator Component Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Elevator Component Production Estimates and Forecasts (2020-2031)
1.4.4 Global Elevator Component Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator Component Production Market Share by Manufacturers (2020-2025)
2.2 Global Elevator Component Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Elevator Component, Industry Ranking, 2023 VS 2024
2.4 Global Elevator Component Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Elevator Component Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Elevator Component, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator Component, Product Offered and Application
2.8 Global Key Manufacturers of Elevator Component, Date of Enter into This Industry
2.9 Elevator Component Market Competitive Situation and Trends
2.9.1 Elevator Component Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator Component Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator Component Production by Region
3.1 Global Elevator Component Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Elevator Component Production Value by Region (2020-2031)
3.2.1 Global Elevator Component Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Elevator Component by Region (2026-2031)
3.3 Global Elevator Component Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Elevator Component Production Volume by Region (2020-2031)
3.4.1 Global Elevator Component Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Elevator Component by Region (2026-2031)
3.5 Global Elevator Component Market Price Analysis by Region (2020-2025)
3.6 Global Elevator Component Production and Value, Year-over-Year Growth
3.6.1 North America Elevator Component Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Elevator Component Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Elevator Component Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Elevator Component Production Value Estimates and Forecasts (2020-2031)
4 Elevator Component Consumption by Region
4.1 Global Elevator Component Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Elevator Component Consumption by Region (2020-2031)
4.2.1 Global Elevator Component Consumption by Region (2020-2025)
4.2.2 Global Elevator Component Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Elevator Component Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Elevator Component Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator Component Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Elevator Component 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 Elevator Component Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Elevator Component 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 Elevator Component Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Elevator Component 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 Elevator Component Production by Type (2020-2031)
5.1.1 Global Elevator Component Production by Type (2020-2025)
5.1.2 Global Elevator Component Production by Type (2026-2031)
5.1.3 Global Elevator Component Production Market Share by Type (2020-2031)
5.2 Global Elevator Component Production Value by Type (2020-2031)
5.2.1 Global Elevator Component Production Value by Type (2020-2025)
5.2.2 Global Elevator Component Production Value by Type (2026-2031)
5.2.3 Global Elevator Component Production Value Market Share by Type (2020-2031)
5.3 Global Elevator Component Price by Type (2020-2031)
6 Segment by Application
6.1 Global Elevator Component Production by Application (2020-2031)
6.1.1 Global Elevator Component Production by Application (2020-2025)
6.1.2 Global Elevator Component Production by Application (2026-2031)
6.1.3 Global Elevator Component Production Market Share by Application (2020-2031)
6.2 Global Elevator Component Production Value by Application (2020-2031)
6.2.1 Global Elevator Component Production Value by Application (2020-2025)
6.2.2 Global Elevator Component Production Value by Application (2026-2031)
6.2.3 Global Elevator Component Production Value Market Share by Application (2020-2031)
6.3 Global Elevator Component Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Elevator Component Company Information
7.1.2 Otis Elevator Component Product Portfolio
7.1.3 Otis Elevator Component 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 Elevator Component Company Information
7.2.2 Kone Elevator Component Product Portfolio
7.2.3 Kone Elevator Component 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 Elevator Component Company Information
7.3.2 Schindler Elevator Component Product Portfolio
7.3.3 Schindler Elevator Component 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 Hangzhou XiOlift
7.4.1 Hangzhou XiOlift Elevator Component Company Information
7.4.2 Hangzhou XiOlift Elevator Component Product Portfolio
7.4.3 Hangzhou XiOlift Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Hangzhou XiOlift Main Business and Markets Served
7.4.5 Hangzhou XiOlift Recent Developments/Updates
7.5 Fujitec
7.5.1 Fujitec Elevator Component Company Information
7.5.2 Fujitec Elevator Component Product Portfolio
7.5.3 Fujitec Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Fujitec Main Business and Markets Served
7.5.5 Fujitec Recent Developments/Updates
7.6 Yungtay Engineering
7.6.1 Yungtay Engineering Elevator Component Company Information
7.6.2 Yungtay Engineering Elevator Component Product Portfolio
7.6.3 Yungtay Engineering Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Yungtay Engineering Main Business and Markets Served
7.6.5 Yungtay Engineering Recent Developments/Updates
7.7 SJEC
7.7.1 SJEC Elevator Component Company Information
7.7.2 SJEC Elevator Component Product Portfolio
7.7.3 SJEC Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.7.4 SJEC Main Business and Markets Served
7.7.5 SJEC Recent Developments/Updates
7.8 Avire Ltd (Halma plc.)
7.8.1 Avire Ltd (Halma plc.) Elevator Component Company Information
7.8.2 Avire Ltd (Halma plc.) Elevator Component Product Portfolio
7.8.3 Avire Ltd (Halma plc.) Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Avire Ltd (Halma plc.) Main Business and Markets Served
7.8.5 Avire Ltd (Halma plc.) Recent Developments/Updates
7.9 B枚hnke & Partner GmbH
7.9.1 B枚hnke & Partner GmbH Elevator Component Company Information
7.9.2 B枚hnke & Partner GmbH Elevator Component Product Portfolio
7.9.3 B枚hnke & Partner GmbH Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.9.4 B枚hnke & Partner GmbH Main Business and Markets Served
7.9.5 B枚hnke & Partner GmbH Recent Developments/Updates
7.10 Elevator Equipment Corporation (EECO)
7.10.1 Elevator Equipment Corporation (EECO) Elevator Component Company Information
7.10.2 Elevator Equipment Corporation (EECO) Elevator Component Product Portfolio
7.10.3 Elevator Equipment Corporation (EECO) Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Elevator Equipment Corporation (EECO) Main Business and Markets Served
7.10.5 Elevator Equipment Corporation (EECO) Recent Developments/Updates
7.11 Elevator Products Corporation
7.11.1 Elevator Products Corporation Elevator Component Company Information
7.11.2 Elevator Products Corporation Elevator Component Product Portfolio
7.11.3 Elevator Products Corporation Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Elevator Products Corporation Main Business and Markets Served
7.11.5 Elevator Products Corporation Recent Developments/Updates
7.12 Fermator Group
7.12.1 Fermator Group Elevator Component Company Information
7.12.2 Fermator Group Elevator Component Product Portfolio
7.12.3 Fermator Group Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Fermator Group Main Business and Markets Served
7.12.5 Fermator Group Recent Developments/Updates
7.13 GAL Manufacturing Corp.
7.13.1 GAL Manufacturing Corp. Elevator Component Company Information
7.13.2 GAL Manufacturing Corp. Elevator Component Product Portfolio
7.13.3 GAL Manufacturing Corp. Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.13.4 GAL Manufacturing Corp. Main Business and Markets Served
7.13.5 GAL Manufacturing Corp. Recent Developments/Updates
7.14 Hans & Jos. Kronenberg GmbH
7.14.1 Hans & Jos. Kronenberg GmbH Elevator Component Company Information
7.14.2 Hans & Jos. Kronenberg GmbH Elevator Component Product Portfolio
7.14.3 Hans & Jos. Kronenberg GmbH Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Hans & Jos. Kronenberg GmbH Main Business and Markets Served
7.14.5 Hans & Jos. Kronenberg GmbH Recent Developments/Updates
7.15 Hissmekano AB
7.15.1 Hissmekano AB Elevator Component Company Information
7.15.2 Hissmekano AB Elevator Component Product Portfolio
7.15.3 Hissmekano AB Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Hissmekano AB Main Business and Markets Served
7.15.5 Hissmekano AB Recent Developments/Updates
7.16 Hydroware
7.16.1 Hydroware Elevator Component Company Information
7.16.2 Hydroware Elevator Component Product Portfolio
7.16.3 Hydroware Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Hydroware Main Business and Markets Served
7.16.5 Hydroware Recent Developments/Updates
7.17 Nidec Kinetek Elevator Technology (NKET)
7.17.1 Nidec Kinetek Elevator Technology (NKET) Elevator Component Company Information
7.17.2 Nidec Kinetek Elevator Technology (NKET) Elevator Component Product Portfolio
7.17.3 Nidec Kinetek Elevator Technology (NKET) Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Nidec Kinetek Elevator Technology (NKET) Main Business and Markets Served
7.17.5 Nidec Kinetek Elevator Technology (NKET) Recent Developments/Updates
7.18 Wittur Group
7.18.1 Wittur Group Elevator Component Company Information
7.18.2 Wittur Group Elevator Component Product Portfolio
7.18.3 Wittur Group Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Wittur Group Main Business and Markets Served
7.18.5 Wittur Group Recent Developments/Updates
7.19 Eros Elevators
7.19.1 Eros Elevators Elevator Component Company Information
7.19.2 Eros Elevators Elevator Component Product Portfolio
7.19.3 Eros Elevators Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Eros Elevators Main Business and Markets Served
7.19.5 Eros Elevators Recent Developments/Updates
7.20 SEES Inc.
7.20.1 SEES Inc. Elevator Component Company Information
7.20.2 SEES Inc. Elevator Component Product Portfolio
7.20.3 SEES Inc. Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.20.4 SEES Inc. Main Business and Markets Served
7.20.5 SEES Inc. Recent Developments/Updates
7.21 Quality Elevator Products:
7.21.1 Quality Elevator Products: Elevator Component Company Information
7.21.2 Quality Elevator Products: Elevator Component Product Portfolio
7.21.3 Quality Elevator Products: Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Quality Elevator Products: Main Business and Markets Served
7.21.5 Quality Elevator Products: Recent Developments/Updates
7.22 ADAMS Elevator
7.22.1 ADAMS Elevator Elevator Component Company Information
7.22.2 ADAMS Elevator Elevator Component Product Portfolio
7.22.3 ADAMS Elevator Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.22.4 ADAMS Elevator Main Business and Markets Served
7.22.5 ADAMS Elevator Recent Developments/Updates
7.23 Texacone
7.23.1 Texacone Elevator Component Company Information
7.23.2 Texacone Elevator Component Product Portfolio
7.23.3 Texacone Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.23.4 Texacone Main Business and Markets Served
7.23.5 Texacone Recent Developments/Updates
7.24 Delco Elevator Products
7.24.1 Delco Elevator Products Elevator Component Company Information
7.24.2 Delco Elevator Products Elevator Component Product Portfolio
7.24.3 Delco Elevator Products Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.24.4 Delco Elevator Products Main Business and Markets Served
7.24.5 Delco Elevator Products Recent Developments/Updates
7.25 Mowrey Elevator Company
7.25.1 Mowrey Elevator Company Elevator Component Company Information
7.25.2 Mowrey Elevator Company Elevator Component Product Portfolio
7.25.3 Mowrey Elevator Company Elevator Component Production, Value, Price and Gross Margin (2020-2025)
7.25.4 Mowrey Elevator Company Main Business and Markets Served
7.25.5 Mowrey Elevator Company Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator Component Industry Chain Analysis
8.2 Elevator Component Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator Component Production Mode & Process Analysis
8.4 Elevator Component Sales and Marketing
8.4.1 Elevator Component Sales Channels
8.4.2 Elevator Component Distributors
8.5 Elevator Component Customer Analysis
9 Elevator Component Market Dynamics
9.1 Elevator Component Industry Trends
9.2 Elevator Component Market Drivers
9.3 Elevator Component Market Challenges
9.4 Elevator Component 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
Hangzhou XiOlift
Fujitec
Yungtay Engineering
SJEC
Avire Ltd (Halma plc.)
B枚hnke & Partner GmbH
Elevator Equipment Corporation (EECO)
Elevator Products Corporation
Fermator Group
GAL Manufacturing Corp.
Hans & Jos. Kronenberg GmbH
Hissmekano AB
Hydroware
Nidec Kinetek Elevator Technology (NKET)
Wittur Group
Eros Elevators
SEES Inc.
Quality Elevator Products:
ADAMS Elevator
Texacone
Delco Elevator Products
Mowrey Elevator Company
听
听
*If Applicable.