High-speed traction elevators are elevator systems designed to transport passengers or goods at higher speeds than conventional elevators. They are typically utilized in tall buildings with multiple floors or in structures requiring rapid vertical transportation.
The global High Speed Traction Elevators market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
High-speed traction elevators employ a traction system which consists of a motor, sheaves, and steel ropes or belts that move the elevator car. The motor drives the sheaves, which in turn move the ropes or belts, allowing the elevator car to ascend or descend within the shaft. This system enables faster and more efficient vertical transportation.The speed of high-speed traction elevators usually ranges from 500 to 2000 feet per minute (2.5 to 10 meters per second). This enables them to swiftly traverse large distances, reducing travel time and improving overall efficiency.To ensure passenger safety, high-speed traction elevators are equipped with advanced safety features and devices. These include overspeed governors, emergency brakes, door interlocks, and safety circuits that monitor and control the elevator's operation. Additionally, regular maintenance and inspections are essential to assess the equipment's condition and ensure compliance with safety regulations.
In terms of production side, this report researches the High Speed Traction Elevators production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of High Speed Traction Elevators by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for High Speed Traction Elevators, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of High Speed Traction Elevators, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for High Speed Traction Elevators, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the High Speed Traction Elevators sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global High Speed Traction Elevators market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for High Speed Traction Elevators sales, projected growth trends, production technology, application and end-user industry.
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
Freight Elevator
Passenger Elevator
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
Sales by Region
US & Canada
U.S.
Canada
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: High Speed Traction Elevators production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of High Speed Traction Elevators in global, 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 of each country in the world.
Chapter 4: Detailed analysis of High Speed Traction Elevators manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, High Speed Traction Elevators sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
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1 Study Coverage
1.1 High Speed Traction Elevators Product Introduction
1.2 Market by Type
1.2.1 Global High Speed Traction Elevators Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Freight Elevator
1.2.3 Passenger Elevator
1.3 Market by Application
1.3.1 Global High Speed Traction Elevators Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global High Speed Traction Elevators Production
2.1 Global High Speed Traction Elevators Production Capacity (2019-2030)
2.2 Global High Speed Traction Elevators Production by Region: 2019 VS 2023 VS 2030
2.3 Global High Speed Traction Elevators Production by Region
2.3.1 Global High Speed Traction Elevators Historic Production by Region (2019-2024)
2.3.2 Global High Speed Traction Elevators Forecasted Production by Region (2025-2030)
2.3.3 Global High Speed Traction Elevators Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global High Speed Traction Elevators Revenue Estimates and Forecasts 2019-2030
3.2 Global High Speed Traction Elevators Revenue by Region
3.2.1 Global High Speed Traction Elevators Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global High Speed Traction Elevators Revenue by Region (2019-2024)
3.2.3 Global High Speed Traction Elevators Revenue by Region (2025-2030)
3.2.4 Global High Speed Traction Elevators Revenue Market Share by Region (2019-2030)
3.3 Global High Speed Traction Elevators Sales Estimates and Forecasts 2019-2030
3.4 Global High Speed Traction Elevators Sales by Region
3.4.1 Global High Speed Traction Elevators Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global High Speed Traction Elevators Sales by Region (2019-2024)
3.4.3 Global High Speed Traction Elevators Sales by Region (2025-2030)
3.4.4 Global High Speed Traction Elevators Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global High Speed Traction Elevators Sales by Manufacturers
4.1.1 Global High Speed Traction Elevators Sales by Manufacturers (2019-2024)
4.1.2 Global High Speed Traction Elevators Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of High Speed Traction Elevators in 2023
4.2 Global High Speed Traction Elevators Revenue by Manufacturers
4.2.1 Global High Speed Traction Elevators Revenue by Manufacturers (2019-2024)
4.2.2 Global High Speed Traction Elevators Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by High Speed Traction Elevators Revenue in 2023
4.3 Global High Speed Traction Elevators Sales Price by Manufacturers
4.4 Global Key Players of High Speed Traction Elevators, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global High Speed Traction Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of High Speed Traction Elevators, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of High Speed Traction Elevators, Product Offered and Application
4.8 Global Key Manufacturers of High Speed Traction Elevators, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global High Speed Traction Elevators Sales by Type
5.1.1 Global High Speed Traction Elevators Historical Sales by Type (2019-2024)
5.1.2 Global High Speed Traction Elevators Forecasted Sales by Type (2025-2030)
5.1.3 Global High Speed Traction Elevators Sales Market Share by Type (2019-2030)
5.2 Global High Speed Traction Elevators Revenue by Type
5.2.1 Global High Speed Traction Elevators Historical Revenue by Type (2019-2024)
5.2.2 Global High Speed Traction Elevators Forecasted Revenue by Type (2025-2030)
5.2.3 Global High Speed Traction Elevators Revenue Market Share by Type (2019-2030)
5.3 Global High Speed Traction Elevators Price by Type
5.3.1 Global High Speed Traction Elevators Price by Type (2019-2024)
5.3.2 Global High Speed Traction Elevators Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global High Speed Traction Elevators Sales by Application
6.1.1 Global High Speed Traction Elevators Historical Sales by Application (2019-2024)
6.1.2 Global High Speed Traction Elevators Forecasted Sales by Application (2025-2030)
6.1.3 Global High Speed Traction Elevators Sales Market Share by Application (2019-2030)
6.2 Global High Speed Traction Elevators Revenue by Application
6.2.1 Global High Speed Traction Elevators Historical Revenue by Application (2019-2024)
6.2.2 Global High Speed Traction Elevators Forecasted Revenue by Application (2025-2030)
6.2.3 Global High Speed Traction Elevators Revenue Market Share by Application (2019-2030)
6.3 Global High Speed Traction Elevators Price by Application
6.3.1 Global High Speed Traction Elevators Price by Application (2019-2024)
6.3.2 Global High Speed Traction Elevators Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada High Speed Traction Elevators Market Size by Type
7.1.1 US & Canada High Speed Traction Elevators Sales by Type (2019-2030)
7.1.2 US & Canada High Speed Traction Elevators Revenue by Type (2019-2030)
7.2 US & Canada High Speed Traction Elevators Market Size by Application
7.2.1 US & Canada High Speed Traction Elevators Sales by Application (2019-2030)
7.2.2 US & Canada High Speed Traction Elevators Revenue by Application (2019-2030)
7.3 US & Canada High Speed Traction Elevators Sales by Country
7.3.1 US & Canada High Speed Traction Elevators Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada High Speed Traction Elevators Sales by Country (2019-2030)
7.3.3 US & Canada High Speed Traction Elevators Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe High Speed Traction Elevators Market Size by Type
8.1.1 Europe High Speed Traction Elevators Sales by Type (2019-2030)
8.1.2 Europe High Speed Traction Elevators Revenue by Type (2019-2030)
8.2 Europe High Speed Traction Elevators Market Size by Application
8.2.1 Europe High Speed Traction Elevators Sales by Application (2019-2030)
8.2.2 Europe High Speed Traction Elevators Revenue by Application (2019-2030)
8.3 Europe High Speed Traction Elevators Sales by Country
8.3.1 Europe High Speed Traction Elevators Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe High Speed Traction Elevators Sales by Country (2019-2030)
8.3.3 Europe High Speed Traction Elevators Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China High Speed Traction Elevators Market Size by Type
9.1.1 China High Speed Traction Elevators Sales by Type (2019-2030)
9.1.2 China High Speed Traction Elevators Revenue by Type (2019-2030)
9.2 China High Speed Traction Elevators Market Size by Application
9.2.1 China High Speed Traction Elevators Sales by Application (2019-2030)
9.2.2 China High Speed Traction Elevators Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia High Speed Traction Elevators Market Size by Type
10.1.1 Asia High Speed Traction Elevators Sales by Type (2019-2030)
10.1.2 Asia High Speed Traction Elevators Revenue by Type (2019-2030)
10.2 Asia High Speed Traction Elevators Market Size by Application
10.2.1 Asia High Speed Traction Elevators Sales by Application (2019-2030)
10.2.2 Asia High Speed Traction Elevators Revenue by Application (2019-2030)
10.3 Asia High Speed Traction Elevators Sales by Region
10.3.1 Asia High Speed Traction Elevators Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia High Speed Traction Elevators Revenue by Region (2019-2030)
10.3.3 Asia High Speed Traction Elevators Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America High Speed Traction Elevators Market Size by Type
11.1.1 Middle East, Africa and Latin America High Speed Traction Elevators Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America High Speed Traction Elevators Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America High Speed Traction Elevators Market Size by Application
11.2.1 Middle East, Africa and Latin America High Speed Traction Elevators Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America High Speed Traction Elevators Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America High Speed Traction Elevators Sales by Country
11.3.1 Middle East, Africa and Latin America High Speed Traction Elevators Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America High Speed Traction Elevators Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America High Speed Traction Elevators Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Otis
12.1.1 Otis Company Information
12.1.2 Otis Overview
12.1.3 Otis High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Otis High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Otis Recent Developments
12.2 Schindler Group
12.2.1 Schindler Group Company Information
12.2.2 Schindler Group Overview
12.2.3 Schindler Group High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Schindler Group High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Schindler Group Recent Developments
12.3 ThyssenKrupp
12.3.1 ThyssenKrupp Company Information
12.3.2 ThyssenKrupp Overview
12.3.3 ThyssenKrupp High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 ThyssenKrupp High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 ThyssenKrupp Recent Developments
12.4 Kone
12.4.1 Kone Company Information
12.4.2 Kone Overview
12.4.3 Kone High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 Kone High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 Kone Recent Developments
12.5 Mitsubishi Electric
12.5.1 Mitsubishi Electric Company Information
12.5.2 Mitsubishi Electric Overview
12.5.3 Mitsubishi Electric High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 Mitsubishi Electric High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 Mitsubishi Electric Recent Developments
12.6 Toshiba
12.6.1 Toshiba Company Information
12.6.2 Toshiba Overview
12.6.3 Toshiba High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Toshiba High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Toshiba Recent Developments
12.7 Hitachi
12.7.1 Hitachi Company Information
12.7.2 Hitachi Overview
12.7.3 Hitachi High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Hitachi High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Hitachi Recent Developments
12.8 Fujitec
12.8.1 Fujitec Company Information
12.8.2 Fujitec Overview
12.8.3 Fujitec High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Fujitec High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Fujitec Recent Developments
12.9 Hyundai
12.9.1 Hyundai Company Information
12.9.2 Hyundai Overview
12.9.3 Hyundai High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 Hyundai High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 Hyundai Recent Developments
12.10 Yungtay Engineering
12.10.1 Yungtay Engineering Company Information
12.10.2 Yungtay Engineering Overview
12.10.3 Yungtay Engineering High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 Yungtay Engineering High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 Yungtay Engineering Recent Developments
12.11 Canny Elevator
12.11.1 Canny Elevator Company Information
12.11.2 Canny Elevator Overview
12.11.3 Canny Elevator High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Canny Elevator High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Canny Elevator Recent Developments
12.12 Volkslift
12.12.1 Volkslift Company Information
12.12.2 Volkslift Overview
12.12.3 Volkslift High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 Volkslift High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 Volkslift Recent Developments
12.13 Syney Elevator
12.13.1 Syney Elevator Company Information
12.13.2 Syney Elevator Overview
12.13.3 Syney Elevator High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.13.4 Syney Elevator High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.13.5 Syney Elevator Recent Developments
12.14 Sicher Elevator
12.14.1 Sicher Elevator Company Information
12.14.2 Sicher Elevator Overview
12.14.3 Sicher Elevator High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.14.4 Sicher Elevator High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.14.5 Sicher Elevator Recent Developments
12.15 SJEC
12.15.1 SJEC Company Information
12.15.2 SJEC Overview
12.15.3 SJEC High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.15.4 SJEC High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.15.5 SJEC Recent Developments
12.16 Guangri Elevator
12.16.1 Guangri Elevator Company Information
12.16.2 Guangri Elevator Overview
12.16.3 Guangri Elevator High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.16.4 Guangri Elevator High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.16.5 Guangri Elevator Recent Developments
12.17 Hangzhou XiOlift
12.17.1 Hangzhou XiOlift Company Information
12.17.2 Hangzhou XiOlift Overview
12.17.3 Hangzhou XiOlift High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.17.4 Hangzhou XiOlift High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.17.5 Hangzhou XiOlift Recent Developments
12.18 Edunburgh Elevator
12.18.1 Edunburgh Elevator Company Information
12.18.2 Edunburgh Elevator Overview
12.18.3 Edunburgh Elevator High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.18.4 Edunburgh Elevator High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.18.5 Edunburgh Elevator Recent Developments
12.19 Suzhou Diao
12.19.1 Suzhou Diao Company Information
12.19.2 Suzhou Diao Overview
12.19.3 Suzhou Diao High Speed Traction Elevators Sales, Price, Revenue and Gross Margin (2019-2024)
12.19.4 Suzhou Diao High Speed Traction Elevators Product Model Numbers, Pictures, Descriptions and Specifications
12.19.5 Suzhou Diao Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 High Speed Traction Elevators Industry Chain Analysis
13.2 High Speed Traction Elevators Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 High Speed Traction Elevators Production Mode & Process
13.4 High Speed Traction Elevators Sales and Marketing
13.4.1 High Speed Traction Elevators Sales Channels
13.4.2 High Speed Traction Elevators Distributors
13.5 High Speed Traction Elevators Customers
14 High Speed Traction Elevators Market Dynamics
14.1 High Speed Traction Elevators Industry Trends
14.2 High Speed Traction Elevators Market Drivers
14.3 High Speed Traction Elevators Market Challenges
14.4 High Speed Traction Elevators Market Restraints
15 Key Finding in The Global High Speed Traction Elevators Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 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
听
听
*If Applicable.