Industry: Machinery & Equipment
Published Date: 2025-02-13
Pages: 108 Pages
Report ld: 3729730
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Geared Traction Motors in Elevator Market Size(US$)

CAGR 2025-2031
4.5%
Market Size,2031
USD 1,410
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Geared Traction Motors in Elevator was estimated to be worth US$ 1041 million in 2024 and is forecast to a readjusted size of US$ 1410 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031.
North American market for Geared Traction Motors in Elevator was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Geared Traction Motors in Elevator was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Geared Traction Motors in Elevator was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies of Geared Traction Motors in Elevator include Changzhou Fulling Motor Co, Ltd, Columbus McKinnon Corporation, Global Partner Elevator, LEESON Electric Corporation, Nidec Motor Corporation, Schindler Elevator Corporation, Siemens AG, GE, The Imperial Electric Company, ZIEHL-ABEGG SE, etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Geared Traction Motors in Elevator, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Geared Traction Motors in Elevator by region & country, by Type, and by Application.
The Geared Traction Motors in Elevator market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Geared Traction Motors in Elevator.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Geared Traction Motors in Elevator manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Geared Traction Motors in Elevator in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Geared Traction Motors in Elevator in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Geared Traction Motors in Elevator Product Introduction
1.2 Global Geared Traction Motors in Elevator Market Size Forecast
1.2.1 Global Geared Traction Motors in Elevator Sales Value (2020-2031)
1.2.2 Global Geared Traction Motors in Elevator Sales Volume (2020-2031)
1.2.3 Global Geared Traction Motors in Elevator Sales Price (2020-2031)
1.3 Geared Traction Motors in Elevator Market Trends & Drivers
1.3.1 Geared Traction Motors in Elevator Industry Trends
1.3.2 Geared Traction Motors in Elevator Market Drivers & Opportunity
1.3.3 Geared Traction Motors in Elevator Market Challenges
1.3.4 Geared Traction Motors in Elevator Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Geared Traction Motors in Elevator Players Revenue Ranking (2024)
2.2 Global Geared Traction Motors in Elevator Revenue by Company (2020-2025)
2.3 Global Geared Traction Motors in Elevator Players Sales Volume Ranking (2024)
2.4 Global Geared Traction Motors in Elevator Sales Volume by Company Players (2020-2025)
2.5 Global Geared Traction Motors in Elevator Average Price by Company (2020-2025)
2.6 Key Manufacturers Geared Traction Motors in Elevator Manufacturing Base and Headquarters
2.7 Key Manufacturers Geared Traction Motors in Elevator Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Geared Traction Motors in Elevator
2.9 Geared Traction Motors in Elevator Market Competitive Analysis
2.9.1 Geared Traction Motors in Elevator Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Geared Traction Motors in Elevator Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Geared Traction Motors in Elevator as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 AC Motors
3.1.2 DC Motors
3.2 Global Geared Traction Motors in Elevator Sales Value by Type
3.2.1 Global Geared Traction Motors in Elevator Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Geared Traction Motors in Elevator Sales Value, by Type (2020-2031)
3.2.3 Global Geared Traction Motors in Elevator Sales Value, by Type (%) (2020-2031)
3.3 Global Geared Traction Motors in Elevator Sales Volume by Type
3.3.1 Global Geared Traction Motors in Elevator Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Geared Traction Motors in Elevator Sales Volume, by Type (2020-2031)
3.3.3 Global Geared Traction Motors in Elevator Sales Volume, by Type (%) (2020-2031)
3.4 Global Geared Traction Motors in Elevator Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Geared Traction Motors in Elevator Sales Value by Application
4.2.1 Global Geared Traction Motors in Elevator Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Geared Traction Motors in Elevator Sales Value, by Application (2020-2031)
4.2.3 Global Geared Traction Motors in Elevator Sales Value, by Application (%) (2020-2031)
4.3 Global Geared Traction Motors in Elevator Sales Volume by Application
4.3.1 Global Geared Traction Motors in Elevator Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Geared Traction Motors in Elevator Sales Volume, by Application (2020-2031)
4.3.3 Global Geared Traction Motors in Elevator Sales Volume, by Application (%) (2020-2031)
4.4 Global Geared Traction Motors in Elevator Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Geared Traction Motors in Elevator Sales Value by Region
5.1.1 Global Geared Traction Motors in Elevator Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Geared Traction Motors in Elevator Sales Value by Region (2020-2025)
5.1.3 Global Geared Traction Motors in Elevator Sales Value by Region (2026-2031)
5.1.4 Global Geared Traction Motors in Elevator Sales Value by Region (%), (2020-2031)
5.2 Global Geared Traction Motors in Elevator Sales Volume by Region
5.2.1 Global Geared Traction Motors in Elevator Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Geared Traction Motors in Elevator Sales Volume by Region (2020-2025)
5.2.3 Global Geared Traction Motors in Elevator Sales Volume by Region (2026-2031)
5.2.4 Global Geared Traction Motors in Elevator Sales Volume by Region (%), (2020-2031)
5.3 Global Geared Traction Motors in Elevator Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Geared Traction Motors in Elevator Sales Value, 2020-2031
5.4.2 North America Geared Traction Motors in Elevator Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Geared Traction Motors in Elevator Sales Value, 2020-2031
5.5.2 Europe Geared Traction Motors in Elevator Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Geared Traction Motors in Elevator Sales Value, 2020-2031
5.6.2 Asia Pacific Geared Traction Motors in Elevator Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Geared Traction Motors in Elevator Sales Value, 2020-2031
5.7.2 South America Geared Traction Motors in Elevator Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Geared Traction Motors in Elevator Sales Value, 2020-2031
5.8.2 Middle East & Africa Geared Traction Motors in Elevator Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Geared Traction Motors in Elevator Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Geared Traction Motors in Elevator Sales Value
6.2.1 Key Countries/Regions Geared Traction Motors in Elevator Sales Value, 2020-2031
6.2.2 Key Countries/Regions Geared Traction Motors in Elevator Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Geared Traction Motors in Elevator Sales Value, 2020-2031
6.3.2 United States Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Geared Traction Motors in Elevator Sales Value, 2020-2031
6.4.2 Europe Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Geared Traction Motors in Elevator Sales Value, 2020-2031
6.5.2 China Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.5.3 China Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Geared Traction Motors in Elevator Sales Value, 2020-2031
6.6.2 Japan Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Geared Traction Motors in Elevator Sales Value, 2020-2031
6.7.2 South Korea Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Geared Traction Motors in Elevator Sales Value, 2020-2031
6.8.2 Southeast Asia Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Geared Traction Motors in Elevator Sales Value, 2020-2031
6.9.2 India Geared Traction Motors in Elevator Sales Value by Type (%), 2024 VS 2031
6.9.3 India Geared Traction Motors in Elevator Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Changzhou Fulling Motor Co, Ltd
7.1.1 Changzhou Fulling Motor Co, Ltd Company Information
7.1.2 Changzhou Fulling Motor Co, Ltd Introduction and Business Overview
7.1.3 Changzhou Fulling Motor Co, Ltd Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Changzhou Fulling Motor Co, Ltd Geared Traction Motors in Elevator Product Offerings
7.1.5 Changzhou Fulling Motor Co, Ltd Recent Development
7.2 Columbus McKinnon Corporation
7.2.1 Columbus McKinnon Corporation Company Information
7.2.2 Columbus McKinnon Corporation Introduction and Business Overview
7.2.3 Columbus McKinnon Corporation Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Columbus McKinnon Corporation Geared Traction Motors in Elevator Product Offerings
7.2.5 Columbus McKinnon Corporation Recent Development
7.3 Global Partner Elevator
7.3.1 Global Partner Elevator Company Information
7.3.2 Global Partner Elevator Introduction and Business Overview
7.3.3 Global Partner Elevator Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Global Partner Elevator Geared Traction Motors in Elevator Product Offerings
7.3.5 Global Partner Elevator Recent Development
7.4 LEESON Electric Corporation
7.4.1 LEESON Electric Corporation Company Information
7.4.2 LEESON Electric Corporation Introduction and Business Overview
7.4.3 LEESON Electric Corporation Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 LEESON Electric Corporation Geared Traction Motors in Elevator Product Offerings
7.4.5 LEESON Electric Corporation Recent Development
7.5 Nidec Motor Corporation
7.5.1 Nidec Motor Corporation Company Information
7.5.2 Nidec Motor Corporation Introduction and Business Overview
7.5.3 Nidec Motor Corporation Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Nidec Motor Corporation Geared Traction Motors in Elevator Product Offerings
7.5.5 Nidec Motor Corporation Recent Development
7.6 Schindler Elevator Corporation
7.6.1 Schindler Elevator Corporation Company Information
7.6.2 Schindler Elevator Corporation Introduction and Business Overview
7.6.3 Schindler Elevator Corporation Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Schindler Elevator Corporation Geared Traction Motors in Elevator Product Offerings
7.6.5 Schindler Elevator Corporation Recent Development
7.7 Siemens AG
7.7.1 Siemens AG Company Information
7.7.2 Siemens AG Introduction and Business Overview
7.7.3 Siemens AG Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Siemens AG Geared Traction Motors in Elevator Product Offerings
7.7.5 Siemens AG Recent Development
7.8 GE
7.8.1 GE Company Information
7.8.2 GE Introduction and Business Overview
7.8.3 GE Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 GE Geared Traction Motors in Elevator Product Offerings
7.8.5 GE Recent Development
7.9 The Imperial Electric Company
7.9.1 The Imperial Electric Company Company Information
7.9.2 The Imperial Electric Company Introduction and Business Overview
7.9.3 The Imperial Electric Company Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 The Imperial Electric Company Geared Traction Motors in Elevator Product Offerings
7.9.5 The Imperial Electric Company Recent Development
7.10 ZIEHL-ABEGG SE
7.10.1 ZIEHL-ABEGG SE Company Information
7.10.2 ZIEHL-ABEGG SE Introduction and Business Overview
7.10.3 ZIEHL-ABEGG SE Geared Traction Motors in Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 ZIEHL-ABEGG SE Geared Traction Motors in Elevator Product Offerings
7.10.5 ZIEHL-ABEGG SE Recent Development
8 Industry Chain Analysis
8.1 Geared Traction Motors in Elevator Industrial Chain
8.2 Geared Traction Motors in Elevator Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Geared Traction Motors in Elevator Sales Model
8.5.2 Sales Channel
8.5.3 Geared Traction Motors in Elevator Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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