

The global market for Elevator PM Traction Machine 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 PM Traction Machine is a type of elevator motor that operates with Permanent Magnet (PM) technology. This type of motor allows for energy efficiency, smoother operation, and reduced noise levels compared to traditional elevator motors. PM traction machines typically have fewer moving parts, resulting in lower maintenance requirements and longer lifespan. They are commonly used in modern elevators, including high-rise buildings and skyscrapers.
North American market for Elevator PM Traction Machine 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 Elevator PM Traction Machine 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 Elevator PM Traction Machine include Tectronics, Otis Elevator Company, Anagha Elevators, Gravo Elevators, Aero Elevator, Hepu Power, Cheng Day International Group, Delta Control System, Beijing GYG Industry, Shenyang Bluelight, 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 Elevator PM Traction Machine, 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 PM Traction Machine.
The Elevator PM Traction Machine 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 Elevator PM Traction Machine 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 PM Traction Machine 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
Tectronics
Otis Elevator Company
Anagha Elevators
Gravo Elevators
Aero Elevator
Hepu Power
Cheng Day International Group
Delta Control System
Beijing GYG Industry
Shenyang Bluelight
GIANTKONE Elevator
by Type
PM Synchronous Traction Machine
PM Brushless Traction Machine
by Application
Residential
Commercial
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 PM Traction Machine manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Elevator PM Traction Machine 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 PM Traction Machine 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 PM Traction Machine Market Overview
1.1 Product Definition
1.2 Elevator PM Traction Machine by Type
1.2.1 Global Elevator PM Traction Machine Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 PM Synchronous Traction Machine
1.2.3 PM Brushless Traction Machine
1.3 Elevator PM Traction Machine by Application
1.3.1 Global Elevator PM Traction Machine Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Elevator PM Traction Machine Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Elevator PM Traction Machine Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Elevator PM Traction Machine Production Estimates and Forecasts (2020-2031)
1.4.4 Global Elevator PM Traction Machine Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator PM Traction Machine Production Market Share by Manufacturers (2020-2025)
2.2 Global Elevator PM Traction Machine Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Elevator PM Traction Machine, Industry Ranking, 2023 VS 2024
2.4 Global Elevator PM Traction Machine Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Elevator PM Traction Machine Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Elevator PM Traction Machine, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator PM Traction Machine, Product Offered and Application
2.8 Global Key Manufacturers of Elevator PM Traction Machine, Date of Enter into This Industry
2.9 Elevator PM Traction Machine Market Competitive Situation and Trends
2.9.1 Elevator PM Traction Machine Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator PM Traction Machine Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator PM Traction Machine Production by Region
3.1 Global Elevator PM Traction Machine Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Elevator PM Traction Machine Production Value by Region (2020-2031)
3.2.1 Global Elevator PM Traction Machine Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Elevator PM Traction Machine by Region (2026-2031)
3.3 Global Elevator PM Traction Machine Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Elevator PM Traction Machine Production Volume by Region (2020-2031)
3.4.1 Global Elevator PM Traction Machine Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Elevator PM Traction Machine by Region (2026-2031)
3.5 Global Elevator PM Traction Machine Market Price Analysis by Region (2020-2025)
3.6 Global Elevator PM Traction Machine Production and Value, Year-over-Year Growth
3.6.1 North America Elevator PM Traction Machine Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Elevator PM Traction Machine Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Elevator PM Traction Machine Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Elevator PM Traction Machine Production Value Estimates and Forecasts (2020-2031)
4 Elevator PM Traction Machine Consumption by Region
4.1 Global Elevator PM Traction Machine Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Elevator PM Traction Machine Consumption by Region (2020-2031)
4.2.1 Global Elevator PM Traction Machine Consumption by Region (2020-2025)
4.2.2 Global Elevator PM Traction Machine Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Elevator PM Traction Machine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Elevator PM Traction Machine Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator PM Traction Machine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Elevator PM Traction Machine 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 PM Traction Machine Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Elevator PM Traction Machine 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 PM Traction Machine Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Elevator PM Traction Machine 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 PM Traction Machine Production by Type (2020-2031)
5.1.1 Global Elevator PM Traction Machine Production by Type (2020-2025)
5.1.2 Global Elevator PM Traction Machine Production by Type (2026-2031)
5.1.3 Global Elevator PM Traction Machine Production Market Share by Type (2020-2031)
5.2 Global Elevator PM Traction Machine Production Value by Type (2020-2031)
5.2.1 Global Elevator PM Traction Machine Production Value by Type (2020-2025)
5.2.2 Global Elevator PM Traction Machine Production Value by Type (2026-2031)
5.2.3 Global Elevator PM Traction Machine Production Value Market Share by Type (2020-2031)
5.3 Global Elevator PM Traction Machine Price by Type (2020-2031)
6 Segment by Application
6.1 Global Elevator PM Traction Machine Production by Application (2020-2031)
6.1.1 Global Elevator PM Traction Machine Production by Application (2020-2025)
6.1.2 Global Elevator PM Traction Machine Production by Application (2026-2031)
6.1.3 Global Elevator PM Traction Machine Production Market Share by Application (2020-2031)
6.2 Global Elevator PM Traction Machine Production Value by Application (2020-2031)
6.2.1 Global Elevator PM Traction Machine Production Value by Application (2020-2025)
6.2.2 Global Elevator PM Traction Machine Production Value by Application (2026-2031)
6.2.3 Global Elevator PM Traction Machine Production Value Market Share by Application (2020-2031)
6.3 Global Elevator PM Traction Machine Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Tectronics
7.1.1 Tectronics Elevator PM Traction Machine Company Information
7.1.2 Tectronics Elevator PM Traction Machine Product Portfolio
7.1.3 Tectronics Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Tectronics Main Business and Markets Served
7.1.5 Tectronics Recent Developments/Updates
7.2 Otis Elevator Company
7.2.1 Otis Elevator Company Elevator PM Traction Machine Company Information
7.2.2 Otis Elevator Company Elevator PM Traction Machine Product Portfolio
7.2.3 Otis Elevator Company Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Otis Elevator Company Main Business and Markets Served
7.2.5 Otis Elevator Company Recent Developments/Updates
7.3 Anagha Elevators
7.3.1 Anagha Elevators Elevator PM Traction Machine Company Information
7.3.2 Anagha Elevators Elevator PM Traction Machine Product Portfolio
7.3.3 Anagha Elevators Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Anagha Elevators Main Business and Markets Served
7.3.5 Anagha Elevators Recent Developments/Updates
7.4 Gravo Elevators
7.4.1 Gravo Elevators Elevator PM Traction Machine Company Information
7.4.2 Gravo Elevators Elevator PM Traction Machine Product Portfolio
7.4.3 Gravo Elevators Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Gravo Elevators Main Business and Markets Served
7.4.5 Gravo Elevators Recent Developments/Updates
7.5 Aero Elevator
7.5.1 Aero Elevator Elevator PM Traction Machine Company Information
7.5.2 Aero Elevator Elevator PM Traction Machine Product Portfolio
7.5.3 Aero Elevator Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Aero Elevator Main Business and Markets Served
7.5.5 Aero Elevator Recent Developments/Updates
7.6 Hepu Power
7.6.1 Hepu Power Elevator PM Traction Machine Company Information
7.6.2 Hepu Power Elevator PM Traction Machine Product Portfolio
7.6.3 Hepu Power Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hepu Power Main Business and Markets Served
7.6.5 Hepu Power Recent Developments/Updates
7.7 Cheng Day International Group
7.7.1 Cheng Day International Group Elevator PM Traction Machine Company Information
7.7.2 Cheng Day International Group Elevator PM Traction Machine Product Portfolio
7.7.3 Cheng Day International Group Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Cheng Day International Group Main Business and Markets Served
7.7.5 Cheng Day International Group Recent Developments/Updates
7.8 Delta Control System
7.8.1 Delta Control System Elevator PM Traction Machine Company Information
7.8.2 Delta Control System Elevator PM Traction Machine Product Portfolio
7.8.3 Delta Control System Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Delta Control System Main Business and Markets Served
7.8.5 Delta Control System Recent Developments/Updates
7.9 Beijing GYG Industry
7.9.1 Beijing GYG Industry Elevator PM Traction Machine Company Information
7.9.2 Beijing GYG Industry Elevator PM Traction Machine Product Portfolio
7.9.3 Beijing GYG Industry Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Beijing GYG Industry Main Business and Markets Served
7.9.5 Beijing GYG Industry Recent Developments/Updates
7.10 Shenyang Bluelight
7.10.1 Shenyang Bluelight Elevator PM Traction Machine Company Information
7.10.2 Shenyang Bluelight Elevator PM Traction Machine Product Portfolio
7.10.3 Shenyang Bluelight Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Shenyang Bluelight Main Business and Markets Served
7.10.5 Shenyang Bluelight Recent Developments/Updates
7.11 GIANTKONE Elevator
7.11.1 GIANTKONE Elevator Elevator PM Traction Machine Company Information
7.11.2 GIANTKONE Elevator Elevator PM Traction Machine Product Portfolio
7.11.3 GIANTKONE Elevator Elevator PM Traction Machine Production, Value, Price and Gross Margin (2020-2025)
7.11.4 GIANTKONE Elevator Main Business and Markets Served
7.11.5 GIANTKONE Elevator Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator PM Traction Machine Industry Chain Analysis
8.2 Elevator PM Traction Machine Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator PM Traction Machine Production Mode & Process Analysis
8.4 Elevator PM Traction Machine Sales and Marketing
8.4.1 Elevator PM Traction Machine Sales Channels
8.4.2 Elevator PM Traction Machine Distributors
8.5 Elevator PM Traction Machine Customer Analysis
9 Elevator PM Traction Machine Market Dynamics
9.1 Elevator PM Traction Machine Industry Trends
9.2 Elevator PM Traction Machine Market Drivers
9.3 Elevator PM Traction Machine Market Challenges
9.4 Elevator PM Traction Machine 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
Tectronics
Otis Elevator Company
Anagha Elevators
Gravo Elevators
Aero Elevator
Hepu Power
Cheng Day International Group
Delta Control System
Beijing GYG Industry
Shenyang Bluelight
GIANTKONE Elevator
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*If Applicable.