The global market for Traction Elevator Systems 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.
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 Traction Elevator Systems, 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 Traction Elevator Systems.
The Traction Elevator Systems 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 Traction Elevator Systems 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 Traction Elevator Systems 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
by Type
Freight Elevator
Passenger Elevator
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 Traction Elevator Systems manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Traction Elevator Systems 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 Traction Elevator Systems 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 Traction Elevator Systems Market Overview
1.1 Product Definition
1.2 Traction Elevator Systems by Type
1.2.1 Global Traction Elevator Systems Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Freight Elevator
1.2.3 Passenger Elevator
1.3 Traction Elevator Systems by Application
1.3.1 Global Traction Elevator Systems 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 Traction Elevator Systems Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Traction Elevator Systems Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Traction Elevator Systems Production Estimates and Forecasts (2020-2031)
1.4.4 Global Traction Elevator Systems Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Traction Elevator Systems Production Market Share by Manufacturers (2020-2025)
2.2 Global Traction Elevator Systems Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Traction Elevator Systems, Industry Ranking, 2023 VS 2024
2.4 Global Traction Elevator Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Traction Elevator Systems Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Traction Elevator Systems, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Traction Elevator Systems, Product Offered and Application
2.8 Global Key Manufacturers of Traction Elevator Systems, Date of Enter into This Industry
2.9 Traction Elevator Systems Market Competitive Situation and Trends
2.9.1 Traction Elevator Systems Market Concentration Rate
2.9.2 Global 5 and 10 Largest Traction Elevator Systems Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Traction Elevator Systems Production by Region
3.1 Global Traction Elevator Systems Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Traction Elevator Systems Production Value by Region (2020-2031)
3.2.1 Global Traction Elevator Systems Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Traction Elevator Systems by Region (2026-2031)
3.3 Global Traction Elevator Systems Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Traction Elevator Systems Production Volume by Region (2020-2031)
3.4.1 Global Traction Elevator Systems Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Traction Elevator Systems by Region (2026-2031)
3.5 Global Traction Elevator Systems Market Price Analysis by Region (2020-2025)
3.6 Global Traction Elevator Systems Production and Value, Year-over-Year Growth
3.6.1 North America Traction Elevator Systems Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Traction Elevator Systems Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Traction Elevator Systems Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Traction Elevator Systems Production Value Estimates and Forecasts (2020-2031)
4 Traction Elevator Systems Consumption by Region
4.1 Global Traction Elevator Systems Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Traction Elevator Systems Consumption by Region (2020-2031)
4.2.1 Global Traction Elevator Systems Consumption by Region (2020-2025)
4.2.2 Global Traction Elevator Systems Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Traction Elevator Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Traction Elevator Systems Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Traction Elevator Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Traction Elevator Systems 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 Traction Elevator Systems Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Traction Elevator Systems 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 Traction Elevator Systems Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Traction Elevator Systems 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 Traction Elevator Systems Production by Type (2020-2031)
5.1.1 Global Traction Elevator Systems Production by Type (2020-2025)
5.1.2 Global Traction Elevator Systems Production by Type (2026-2031)
5.1.3 Global Traction Elevator Systems Production Market Share by Type (2020-2031)
5.2 Global Traction Elevator Systems Production Value by Type (2020-2031)
5.2.1 Global Traction Elevator Systems Production Value by Type (2020-2025)
5.2.2 Global Traction Elevator Systems Production Value by Type (2026-2031)
5.2.3 Global Traction Elevator Systems Production Value Market Share by Type (2020-2031)
5.3 Global Traction Elevator Systems Price by Type (2020-2031)
6 Segment by Application
6.1 Global Traction Elevator Systems Production by Application (2020-2031)
6.1.1 Global Traction Elevator Systems Production by Application (2020-2025)
6.1.2 Global Traction Elevator Systems Production by Application (2026-2031)
6.1.3 Global Traction Elevator Systems Production Market Share by Application (2020-2031)
6.2 Global Traction Elevator Systems Production Value by Application (2020-2031)
6.2.1 Global Traction Elevator Systems Production Value by Application (2020-2025)
6.2.2 Global Traction Elevator Systems Production Value by Application (2026-2031)
6.2.3 Global Traction Elevator Systems Production Value Market Share by Application (2020-2031)
6.3 Global Traction Elevator Systems Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Traction Elevator Systems Company Information
7.1.2 Otis Traction Elevator Systems Product Portfolio
7.1.3 Otis Traction Elevator Systems 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 Schindler Group
7.2.1 Schindler Group Traction Elevator Systems Company Information
7.2.2 Schindler Group Traction Elevator Systems Product Portfolio
7.2.3 Schindler Group Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.3.2 ThyssenKrupp Traction Elevator Systems Product Portfolio
7.3.3 ThyssenKrupp Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
7.3.4 ThyssenKrupp Main Business and Markets Served
7.3.5 ThyssenKrupp Recent Developments/Updates
7.4 Kone
7.4.1 Kone Traction Elevator Systems Company Information
7.4.2 Kone Traction Elevator Systems Product Portfolio
7.4.3 Kone Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.5.2 Mitsubishi Electric Traction Elevator Systems Product Portfolio
7.5.3 Mitsubishi Electric Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.6.2 Toshiba Traction Elevator Systems Product Portfolio
7.6.3 Toshiba Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Toshiba Main Business and Markets Served
7.6.5 Toshiba Recent Developments/Updates
7.7 Hitachi
7.7.1 Hitachi Traction Elevator Systems Company Information
7.7.2 Hitachi Traction Elevator Systems Product Portfolio
7.7.3 Hitachi Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Hitachi Main Business and Markets Served
7.7.5 Hitachi Recent Developments/Updates
7.8 Fujitec
7.8.1 Fujitec Traction Elevator Systems Company Information
7.8.2 Fujitec Traction Elevator Systems Product Portfolio
7.8.3 Fujitec Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Fujitec Main Business and Markets Served
7.8.5 Fujitec Recent Developments/Updates
7.9 Hyundai
7.9.1 Hyundai Traction Elevator Systems Company Information
7.9.2 Hyundai Traction Elevator Systems Product Portfolio
7.9.3 Hyundai Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.10.2 Yungtay Engineering Traction Elevator Systems Product Portfolio
7.10.3 Yungtay Engineering Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.11.2 Canny Elevator Traction Elevator Systems Product Portfolio
7.11.3 Canny Elevator Traction Elevator Systems 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 Traction Elevator Systems Company Information
7.12.2 Volkslift Traction Elevator Systems Product Portfolio
7.12.3 Volkslift Traction Elevator Systems 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 Syney Elevator
7.13.1 Syney Elevator Traction Elevator Systems Company Information
7.13.2 Syney Elevator Traction Elevator Systems Product Portfolio
7.13.3 Syney Elevator Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.14.2 Sicher Elevator Traction Elevator Systems Product Portfolio
7.14.3 Sicher Elevator Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.15.2 SJEC Traction Elevator Systems Product Portfolio
7.15.3 SJEC Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.16.2 Guangri Elevator Traction Elevator Systems Product Portfolio
7.16.3 Guangri Elevator Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.17.2 Hangzhou XiOlift Traction Elevator Systems Product Portfolio
7.17.3 Hangzhou XiOlift Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.18.2 Edunburgh Elevator Traction Elevator Systems Product Portfolio
7.18.3 Edunburgh Elevator Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Company Information
7.19.2 Suzhou Diao Traction Elevator Systems Product Portfolio
7.19.3 Suzhou Diao Traction Elevator Systems Production, Value, Price and Gross Margin (2020-2025)
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 Traction Elevator Systems Industry Chain Analysis
8.2 Traction Elevator Systems Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Traction Elevator Systems Production Mode & Process Analysis
8.4 Traction Elevator Systems Sales and Marketing
8.4.1 Traction Elevator Systems Sales Channels
8.4.2 Traction Elevator Systems Distributors
8.5 Traction Elevator Systems Customer Analysis
9 Traction Elevator Systems Market Dynamics
9.1 Traction Elevator Systems Industry Trends
9.2 Traction Elevator Systems Market Drivers
9.3 Traction Elevator Systems Market Challenges
9.4 Traction Elevator Systems 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
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.