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Traction Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
Industry: Machinery & Equipment
Published Date: 2026-03-06
Pages: 136 Pages
Report ld: 6027940
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Traction Machine Market Size(US$)
CAGR 2026-2032
5.1%
Market Size,2032
USD 4,388
Million
Market Snapshot
Market Size in 2026 (Value)
US$ 3,256 million
Market Forecast in 2032(Value)
US$ 4,388 million
CAGR
5.1%
Years Considered
2021-2032
Base Year
2026
Forecast Period
2026-2032
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Traction Machine was estimated to be worth US$ 3113 million in 2025 and is projected to reach US$ 4388 million, growing at a CAGR of 5.1% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Traction Machine cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A traction machine is a mechanical device used to drive elevators or other vertical transportation equipment. Its main function is to provide power through an electric motor to drive steel wire ropes, chains, or other traction devices, thereby enabling the elevator car to move up and down. It is one of the core components in the elevator system, determining the operational efficiency and safety of the elevator.In 2024, global Traction Machine production reached approximately 1,285 K units, with an average global market price of around US$ 2,300 per unit.The annual production capacity of a single production line is 12,000 units, with a gross profit margin of about 20%.
Upstream raw materials:
Motor and magnetic materials: Electrical round copper wire (electromagnetic wire), non-oriented silicon steel sheet, permanent magnet material (NdFeB magnet), motor coil insulation material.
Structural parts and castings: Cast iron parts or welding parts such as shells, end covers, bases, traction wheels, couplings, flanges, etc.
Bearings and transmission parts: deep groove ball bearings, cylindrical roller bearings, oil seals, keys, fasteners.
Brake system: disc or drum electromagnetic brake, friction plate, spring parts.
Detection and control: encoder, tachometer generator, temperature sensor, terminal blocks.
Downstream terminal applications: residential buildings, commercial complexes, office buildings, rail transit hubs, hospitals, schools, industrial plants, logistics warehouses, etc.
Raw material cost is 55%–65%; manufacturing cost is about 10%–15%; labor cost is about 8%–12%.
With the development of Internet of Things (IoT) technology and artificial intelligence (AI), traction machines are moving towards intelligence. Modern traction machines not only have automatic adjustment functions, but also can collect real-time data through remote monitoring systems to assist in fault diagnosis, maintenance warning, and performance optimization. With the increasing demand for building space and the strengthening of environmental awareness, non machine room traction machines have gained more and more attention in the market. The design without a machine room can effectively save building space and reduce the demand for traditional elevator machine rooms, especially suitable for middle and low rise residential buildings, commercial buildings, and high-rise buildings. With the high-rise and urbanization of buildings, the demand for non machine room elevators continues to increase. With the increasing number of high-rise and super tall buildings worldwide, the market demand for high load-bearing and fast response traction machines has also grown. High rise elevators have higher requirements for the power, stability, noise control, and safety of the traction machine.
This report provides a comprehensive view of the global market for Traction Machine, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Traction Machine market size, estimations, and forecasts are presented in terms of sales volume (K Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Traction Machine.
MARKET SEGMENTATION
By Company
- Nidec Elevator Group
- Wittur Group
- APSON
- Nagaoka Machinery
- Torin Drive
- Tectronics Engineers
- Kolmar Asansor
- Elecon
- Raman Engineering
- Shenyang Yuanda Intellectual Industry Group
- Hebei Fengwei Machinery Manufacturing
- Montanari Drive Technology
- Zhejiang Xierk Elevator Parts
- Ningbo Xinda Elevator Traction Technology
- Cheng Day International Group
- Suzhou BDFUJI Elevator
- Suzhou Dazen Electromechanical Technology
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Geared Traction Machine
- Gearless Traction Machine
Segment by Application
- Passenger Elevator
- Freight Elevator
- Home Lift
Segment by Category
- Machine Room Traction Machine
- Non Machine Room Traction Machine
Segment by Division
- DC Traction Machine
- AC Traction Machine
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Traction Machine manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Traction Machine sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Traction Machine sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
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TABLE OF CONTENTS
1 Market Overview
1.1 Traction Machine Product Introduction
1.2 Global Traction Machine Market Size Forecast
1.2.1 Global Traction Machine Sales Value (2021–2032)
1.2.2 Global Traction Machine Sales Volume (2021–2032)
1.2.3 Global Traction Machine Sales Price (2021–2032)
1.3 Traction Machine Market Trends & Drivers
1.3.1 Traction Machine Industry Trends
1.3.2 Traction Machine Market Drivers & Opportunities
1.3.3 Traction Machine Market Challenges
1.3.4 Traction Machine Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Traction Machine Players Revenue Ranking (2025)
2.2 Global Traction Machine Revenue by Company (2021–2026)
2.3 Global Traction Machine Sales Volume Ranking of Players (2025)
2.4 Global Traction Machine Sales Volume by Company (2021–2026)
2.5 Global Traction Machine Average Price by Company (2021–2026)
2.6 Key Manufacturers Traction Machine Manufacturing Base and Headquarters
2.7 Key Manufacturers Traction Machine Product Offerings
2.8 Key Manufacturers Start of Mass Production of Traction Machine
2.9 Traction Machine Market Competitive Analysis
2.9.1 Traction Machine Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Traction Machine Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Traction Machine revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Traction Machine Market Classification
3.1 Introduction by Type
3.1.1 Geared Traction Machine
3.1.2 Gearless Traction Machine
3.1.3 Global Traction Machine Sales Value by Type
3.1.3.1 Global Traction Machine Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Traction Machine Sales Value, by Type (2021–2032)
3.1.3.3 Global Traction Machine Sales Value, by Type (%), 2021–2032
3.1.4 Global Traction Machine Sales Volume by Type
3.1.4.1 Global Traction Machine Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Traction Machine Sales Volume, by Type (2021–2032)
3.1.4.3 Global Traction Machine Sales Volume, by Type (%), 2021–2032
3.1.5 Global Traction Machine Average Price by Type (2021–2032)
3.2 Introduction by Installation Structure
3.2.1 Machine Room Traction Machine
3.2.2 Non Machine Room Traction Machine
3.2.3 Global Traction Machine Sales Value by Installation Structure
3.2.3.1 Global Traction Machine Sales Value by Installation Structure (2021 vs 2025 vs 2032)
3.2.3.2 Global Traction Machine Sales Value, by Installation Structure (2021–2032)
3.2.3.3 Global Traction Machine Sales Value, by Installation Structure (%), 2021–2032
3.2.4 Global Traction Machine Sales Volume by Installation Structure
3.2.4.1 Global Traction Machine Sales Volume by Installation Structure (2021 vs 2025 vs 2032)
3.2.4.2 Global Traction Machine Sales Volume, by Installation Structure (2021–2032)
3.2.4.3 Global Traction Machine Sales Volume, by Installation Structure (%), 2021–2032
3.2.5 Global Traction Machine Average Price by Installation Structure (2021–2032)
3.3 Introduction by Motor Type
3.3.1 DC Traction Machine
3.3.2 AC Traction Machine
3.3.3 Global Traction Machine Sales Value by Motor Type
3.3.3.1 Global Traction Machine Sales Value by Motor Type (2021 vs 2025 vs 2032)
3.3.3.2 Global Traction Machine Sales Value, by Motor Type (2021–2032)
3.3.3.3 Global Traction Machine Sales Value, by Motor Type (%), 2021–2032
3.3.4 Global Traction Machine Sales Volume by Motor Type
3.3.4.1 Global Traction Machine Sales Volume by Motor Type (2021 vs 2025 vs 2032)
3.3.4.2 Global Traction Machine Sales Volume, by Motor Type (2021–2032)
3.3.4.3 Global Traction Machine Sales Volume, by Motor Type (%), 2021–2032
3.3.5 Global Traction Machine Average Price by Motor Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Elevator
4.1.2 Freight Elevator
4.1.3 Home Lift
4.2 Global Traction Machine Sales Value by Application
4.2.1 Global Traction Machine Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Traction Machine Sales Value, by Application (2021–2032)
4.2.3 Global Traction Machine Sales Value, by Application (%), 2021–2032
4.3 Global Traction Machine Sales Volume by Application
4.3.1 Global Traction Machine Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Traction Machine Sales Volume, by Application (2021–2032)
4.3.3 Global Traction Machine Sales Volume, by Application (%), 2021–2032
4.4 Global Traction Machine Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Traction Machine Sales Value by Region
5.1.1 Global Traction Machine Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Traction Machine Sales Value by Region (2021–2026)
5.1.3 Global Traction Machine Sales Value by Region (2027–2032)
5.1.4 Global Traction Machine Sales Value by Region (%), 2021–2032
5.2 Global Traction Machine Sales Volume by Region
5.2.1 Global Traction Machine Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Traction Machine Sales Volume by Region (2021–2026)
5.2.3 Global Traction Machine Sales Volume by Region (2027–2032)
5.2.4 Global Traction Machine Sales Volume by Region (%), 2021–2032
5.3 Global Traction Machine Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Traction Machine Sales Value, 2021–2032
5.4.2 North America Traction Machine Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Traction Machine Sales Value, 2021–2032
5.5.2 Europe Traction Machine Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Traction Machine Sales Value, 2021–2032
5.6.2 Asia Pacific Traction Machine Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Traction Machine Sales Value, 2021–2032
5.7.2 South America Traction Machine Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Traction Machine Sales Value, 2021–2032
5.8.2 Middle East & Africa Traction Machine Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Traction Machine Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Traction Machine Sales Value and Sales Volume
6.2.1 Key Countries/Regions Traction Machine Sales Value, 2021–2032
6.2.2 Key Countries/Regions Traction Machine Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Traction Machine Sales Value, 2021–2032
6.3.2 United States Traction Machine Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Traction Machine Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Traction Machine Sales Value, 2021–2032
6.4.2 Europe Traction Machine Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Traction Machine Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Traction Machine Sales Value, 2021–2032
6.5.2 China Traction Machine Sales Value by Type (%), 2025 vs 2032
6.5.3 China Traction Machine Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Traction Machine Sales Value, 2021–2032
6.6.2 Japan Traction Machine Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Traction Machine Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Traction Machine Sales Value, 2021–2032
6.7.2 South Korea Traction Machine Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Traction Machine Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Traction Machine Sales Value, 2021–2032
6.8.2 Southeast Asia Traction Machine Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Traction Machine Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Traction Machine Sales Value, 2021–2032
6.9.2 India Traction Machine Sales Value by Type (%), 2025 vs 2032
6.9.3 India Traction Machine Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 Nidec Elevator Group
7.1.1 Nidec Elevator Group Company Information
7.1.2 Nidec Elevator Group Introduction and Business Overview
7.1.3 Nidec Elevator Group Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 Nidec Elevator Group Traction Machine Product Offerings
7.1.5 Nidec Elevator Group Recent Developments
7.2 Wittur Group
7.2.1 Wittur Group Company Information
7.2.2 Wittur Group Introduction and Business Overview
7.2.3 Wittur Group Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 Wittur Group Traction Machine Product Offerings
7.2.5 Wittur Group Recent Developments
7.3 APSON
7.3.1 APSON Company Information
7.3.2 APSON Introduction and Business Overview
7.3.3 APSON Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 APSON Traction Machine Product Offerings
7.3.5 APSON Recent Developments
7.4 Nagaoka Machinery
7.4.1 Nagaoka Machinery Company Information
7.4.2 Nagaoka Machinery Introduction and Business Overview
7.4.3 Nagaoka Machinery Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 Nagaoka Machinery Traction Machine Product Offerings
7.4.5 Nagaoka Machinery Recent Developments
7.5 Torin Drive
7.5.1 Torin Drive Company Information
7.5.2 Torin Drive Introduction and Business Overview
7.5.3 Torin Drive Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Torin Drive Traction Machine Product Offerings
7.5.5 Torin Drive Recent Developments
7.6 Tectronics Engineers
7.6.1 Tectronics Engineers Company Information
7.6.2 Tectronics Engineers Introduction and Business Overview
7.6.3 Tectronics Engineers Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Tectronics Engineers Traction Machine Product Offerings
7.6.5 Tectronics Engineers Recent Developments
7.7 Kolmar Asansor
7.7.1 Kolmar Asansor Company Information
7.7.2 Kolmar Asansor Introduction and Business Overview
7.7.3 Kolmar Asansor Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Kolmar Asansor Traction Machine Product Offerings
7.7.5 Kolmar Asansor Recent Developments
7.8 Elecon
7.8.1 Elecon Company Information
7.8.2 Elecon Introduction and Business Overview
7.8.3 Elecon Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 Elecon Traction Machine Product Offerings
7.8.5 Elecon Recent Developments
7.9 Raman Engineering
7.9.1 Raman Engineering Company Information
7.9.2 Raman Engineering Introduction and Business Overview
7.9.3 Raman Engineering Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Raman Engineering Traction Machine Product Offerings
7.9.5 Raman Engineering Recent Developments
7.10 Shenyang Yuanda Intellectual Industry Group
7.10.1 Shenyang Yuanda Intellectual Industry Group Company Information
7.10.2 Shenyang Yuanda Intellectual Industry Group Introduction and Business Overview
7.10.3 Shenyang Yuanda Intellectual Industry Group Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Shenyang Yuanda Intellectual Industry Group Traction Machine Product Offerings
7.10.5 Shenyang Yuanda Intellectual Industry Group Recent Developments
7.11 Hebei Fengwei Machinery Manufacturing
7.11.1 Hebei Fengwei Machinery Manufacturing Company Information
7.11.2 Hebei Fengwei Machinery Manufacturing Introduction and Business Overview
7.11.3 Hebei Fengwei Machinery Manufacturing Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Hebei Fengwei Machinery Manufacturing Traction Machine Product Offerings
7.11.5 Hebei Fengwei Machinery Manufacturing Recent Developments
7.12 Montanari Drive Technology
7.12.1 Montanari Drive Technology Company Information
7.12.2 Montanari Drive Technology Introduction and Business Overview
7.12.3 Montanari Drive Technology Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Montanari Drive Technology Traction Machine Product Offerings
7.12.5 Montanari Drive Technology Recent Developments
7.13 Zhejiang Xierk Elevator Parts
7.13.1 Zhejiang Xierk Elevator Parts Company Information
7.13.2 Zhejiang Xierk Elevator Parts Introduction and Business Overview
7.13.3 Zhejiang Xierk Elevator Parts Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 Zhejiang Xierk Elevator Parts Traction Machine Product Offerings
7.13.5 Zhejiang Xierk Elevator Parts Recent Developments
7.14 Ningbo Xinda Elevator Traction Technology
7.14.1 Ningbo Xinda Elevator Traction Technology Company Information
7.14.2 Ningbo Xinda Elevator Traction Technology Introduction and Business Overview
7.14.3 Ningbo Xinda Elevator Traction Technology Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.14.4 Ningbo Xinda Elevator Traction Technology Traction Machine Product Offerings
7.14.5 Ningbo Xinda Elevator Traction Technology Recent Developments
7.15 Cheng Day International Group
7.15.1 Cheng Day International Group Company Information
7.15.2 Cheng Day International Group Introduction and Business Overview
7.15.3 Cheng Day International Group Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.15.4 Cheng Day International Group Traction Machine Product Offerings
7.15.5 Cheng Day International Group Recent Developments
7.16 Suzhou BDFUJI Elevator
7.16.1 Suzhou BDFUJI Elevator Company Information
7.16.2 Suzhou BDFUJI Elevator Introduction and Business Overview
7.16.3 Suzhou BDFUJI Elevator Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.16.4 Suzhou BDFUJI Elevator Traction Machine Product Offerings
7.16.5 Suzhou BDFUJI Elevator Recent Developments
7.17 Suzhou Dazen Electromechanical Technology
7.17.1 Suzhou Dazen Electromechanical Technology Company Information
7.17.2 Suzhou Dazen Electromechanical Technology Introduction and Business Overview
7.17.3 Suzhou Dazen Electromechanical Technology Traction Machine Sales, Revenue, Price and Gross Margin (2021–2026)
7.17.4 Suzhou Dazen Electromechanical Technology Traction Machine Product Offerings
7.17.5 Suzhou Dazen Electromechanical Technology Recent Developments
8 Industry Chain Analysis
8.1 Traction Machine Industrial Chain
8.2 Traction Machine Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Traction Machine Sales Model
8.5.2 Sales Channels
8.5.3 Traction Machine 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
Table 1. Traction Machine Market Trends
Table 2. Traction Machine Market Drivers & Opportunities
Table 3. Traction Machine Market Challenges
Table 4. Traction Machine Market Restraints
Table 5. Global Traction Machine Revenue by Company (US$ Million), 2021–2026
Table 6. Global Traction Machine Revenue Market Share by Company (2021–2026)
Table 7. Global Traction Machine Sales Volume by Company (K Units), 2021–2026
Table 8. Global Traction Machine Sales Volume Market Share by Company (2021–2026)
Table 9. Global Market Traction Machine Price by Company (US$/Unit), 2021–2026
Table 10. Key Manufacturers Traction Machine Manufacturing Base and Headquarters
Table 11. Key Manufacturers Traction Machine Product Type
Table 12. Key Manufacturers Start of Mass Production of Traction Machine
Table 13. Global Traction Machine Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Tier (Tier 1, Tier 2, Tier 3), based on Traction Machine revenue, 2025
Table 15. Mergers & Acquisitions and Expansion Plans
Table 16. Global Traction Machine Sales Value by Type: 2021 vs 2025 vs 2032 (US$ Million)
Table 17. Global Traction Machine Sales Value by Type (US$ Million), 2021–2026
Table 18. Global Traction Machine Sales Value by Type (US$ Million), 2027–2032
Table 19. Global Traction Machine Sales Market Share in Value by Type (2021–2026)
Table 20. Global Traction Machine Sales Market Share in Value by Type (2027–2032)
Table 21. Global Traction Machine Sales Volume by Type: 2021 vs 2025 vs 2032 (K Units)
Table 22. Global Traction Machine Sales Volume by Type (K Units), 2021–2026
Table 23. Global Traction Machine Sales Volume by Type (K Units), 2027–2032
Table 24. Global Traction Machine Sales Market Share in Volume by Type (2021–2026)
Table 25. Global Traction Machine Sales Market Share in Volume by Type (2027–2032)
Table 26. Global Traction Machine Price by Type (US$/Unit), 2021–2026
Table 27. Global Traction Machine Price by Type (US$/Unit), 2027–2032
Table 28. Global Traction Machine Sales Value by Installation Structure: 2021 vs 2025 vs 2032 (US$ Million)
Table 29. Global Traction Machine Sales Value by Installation Structure (US$ Million), 2021–2026
Table 30. Global Traction Machine Sales Value by Installation Structure (US$ Million), 2027–2032
Table 31. Global Traction Machine Sales Market Share in Value by Installation Structure (2021–2026)
Table 32. Global Traction Machine Sales Market Share in Value by Installation Structure (2027–2032)
Table 33. Global Traction Machine Sales Volume by Installation Structure: 2021 vs 2025 vs 2032 (K Units)
Table 34. Global Traction Machine Sales Volume by Installation Structure (K Units), 2021–2026
Table 35. Global Traction Machine Sales Volume by Installation Structure (K Units), 2027–2032
Table 36. Global Traction Machine Sales Market Share in Volume by Installation Structure (2021–2026)
Table 37. Global Traction Machine Sales Market Share in Volume by Installation Structure (2027–2032)
Table 38. Global Traction Machine Price by Installation Structure (US$/Unit), 2021–2026
Table 39. Global Traction Machine Price by Installation Structure (US$/Unit), 2027–2032
Table 40. Global Traction Machine Sales Value by Motor Type: 2021 vs 2025 vs 2032 (US$ Million)
Table 41. Global Traction Machine Sales Value by Motor Type (US$ Million), 2021–2026
Table 42. Global Traction Machine Sales Value by Motor Type (US$ Million), 2027–2032
Table 43. Global Traction Machine Sales Market Share in Value by Motor Type (2021–2026)
Table 44. Global Traction Machine Sales Market Share in Value by Motor Type (2027–2032)
Table 45. Global Traction Machine Sales Volume by Motor Type: 2021 vs 2025 vs 2032 (K Units)
Table 46. Global Traction Machine Sales Volume by Motor Type (K Units), 2021–2026
Table 47. Global Traction Machine Sales Volume by Motor Type (K Units), 2027–2032
Table 48. Global Traction Machine Sales Market Share in Volume by Motor Type (2021–2026)
Table 49. Global Traction Machine Sales Market Share in Volume by Motor Type (2027–2032)
Table 50. Global Traction Machine Price by Motor Type (US$/Unit), 2021–2026
Table 51. Global Traction Machine Price by Motor Type (US$/Unit), 2027–2032
Table 52. Global Traction Machine Sales Value by Application: 2021 vs 2025 vs 2032 (US$ Million)
Table 53. Global Traction Machine Sales Value by Application (US$ Million), 2021–2026
Table 54. Global Traction Machine Sales Value by Application (US$ Million), 2027–2032
Table 55. Global Traction Machine Sales Market Share in Value by Application (2021–2026)
Table 56. Global Traction Machine Sales Market Share in Value by Application (2027–2032)
Table 57. Global Traction Machine Sales Volume by Application: 2021 vs 2025 vs 2032 (K Units)
Table 58. Global Traction Machine Sales Volume by Application (K Units), 2021–2026
Table 59. Global Traction Machine Sales Volume by Application (K Units), 2027–2032
Table 60. Global Traction Machine Sales Market Share in Volume by Application (2021–2026)
Table 61. Global Traction Machine Sales Market Share in Volume by Application (2027–2032)
Table 62. Global Traction Machine Price by Application (US$/Unit), 2021–2026
Table 63. Global Traction Machine Price by Application (US$/Unit), 2027–2032
Table 64. Global Traction Machine Sales Value by Region, (US$ Million), 2021 vs 2025 vs 2032
Table 65. Global Traction Machine Sales Value by Region (US$ Million), 2021–2026
Table 66. Global Traction Machine Sales Value by Region (US$ Million), 2027–2032
Table 67. Global Traction Machine Sales Value by Region (%), 2021–2026
Table 68. Global Traction Machine Sales Value by Region (%), 2027–2032
Table 69. Global Traction Machine Sales Volume by Region (K Units): 2021 vs 2025 vs 2032
Table 70. Global Traction Machine Sales Volume by Region (K Units), 2021–2026
Table 71. Global Traction Machine Sales Volume by Region (K Units), 2027–2032
Table 72. Global Traction Machine Sales Volume by Region (%), 2021–2026
Table 73. Global Traction Machine Sales Volume by Region (%), 2027–2032
Table 74. Global Traction Machine Average Price by Region (US$/Unit), 2021–2026
Table 75. Global Traction Machine Average Price by Region (US$/Unit), 2027–2032
Table 76. Key Countries/Regions Traction Machine Sales Value Growth Trends, (US$ Million): 2021 vs 2025 vs 2032
Table 77. Key Countries/Regions Traction Machine Sales Value, (US$ Million), 2021–2026
Table 78. Key Countries/Regions Traction Machine Sales Value, (US$ Million), 2027–2032
Table 79. Key Countries/Regions Traction Machine Sales Volume, (K Units), 2021–2026
Table 80. Key Countries/Regions Traction Machine Sales Volume, (K Units), 2027–2032
Table 81. Nidec Elevator Group Company Information
Table 82. Nidec Elevator Group Introduction and Business Overview
Table 83. Nidec Elevator Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 84. Nidec Elevator Group Traction Machine Product Offerings
Table 85. Nidec Elevator Group Recent Developments
Table 86. Wittur Group Company Information
Table 87. Wittur Group Introduction and Business Overview
Table 88. Wittur Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 89. Wittur Group Traction Machine Product Offerings
Table 90. Wittur Group Recent Developments
Table 91. APSON Company Information
Table 92. APSON Introduction and Business Overview
Table 93. APSON Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 94. APSON Traction Machine Product Offerings
Table 95. APSON Recent Developments
Table 96. Nagaoka Machinery Company Information
Table 97. Nagaoka Machinery Introduction and Business Overview
Table 98. Nagaoka Machinery Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 99. Nagaoka Machinery Traction Machine Product Offerings
Table 100. Nagaoka Machinery Recent Developments
Table 101. Torin Drive Company Information
Table 102. Torin Drive Introduction and Business Overview
Table 103. Torin Drive Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 104. Torin Drive Traction Machine Product Offerings
Table 105. Torin Drive Recent Developments
Table 106. Tectronics Engineers Company Information
Table 107. Tectronics Engineers Introduction and Business Overview
Table 108. Tectronics Engineers Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 109. Tectronics Engineers Traction Machine Product Offerings
Table 110. Tectronics Engineers Recent Developments
Table 111. Kolmar Asansor Company Information
Table 112. Kolmar Asansor Introduction and Business Overview
Table 113. Kolmar Asansor Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 114. Kolmar Asansor Traction Machine Product Offerings
Table 115. Kolmar Asansor Recent Developments
Table 116. Elecon Company Information
Table 117. Elecon Introduction and Business Overview
Table 118. Elecon Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 119. Elecon Traction Machine Product Offerings
Table 120. Elecon Recent Developments
Table 121. Raman Engineering Company Information
Table 122. Raman Engineering Introduction and Business Overview
Table 123. Raman Engineering Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 124. Raman Engineering Traction Machine Product Offerings
Table 125. Raman Engineering Recent Developments
Table 126. Shenyang Yuanda Intellectual Industry Group Company Information
Table 127. Shenyang Yuanda Intellectual Industry Group Introduction and Business Overview
Table 128. Shenyang Yuanda Intellectual Industry Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 129. Shenyang Yuanda Intellectual Industry Group Traction Machine Product Offerings
Table 130. Shenyang Yuanda Intellectual Industry Group Recent Developments
Table 131. Hebei Fengwei Machinery Manufacturing Company Information
Table 132. Hebei Fengwei Machinery Manufacturing Introduction and Business Overview
Table 133. Hebei Fengwei Machinery Manufacturing Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 134. Hebei Fengwei Machinery Manufacturing Traction Machine Product Offerings
Table 135. Hebei Fengwei Machinery Manufacturing Recent Developments
Table 136. Montanari Drive Technology Company Information
Table 137. Montanari Drive Technology Introduction and Business Overview
Table 138. Montanari Drive Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 139. Montanari Drive Technology Traction Machine Product Offerings
Table 140. Montanari Drive Technology Recent Developments
Table 141. Zhejiang Xierk Elevator Parts Company Information
Table 142. Zhejiang Xierk Elevator Parts Introduction and Business Overview
Table 143. Zhejiang Xierk Elevator Parts Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 144. Zhejiang Xierk Elevator Parts Traction Machine Product Offerings
Table 145. Zhejiang Xierk Elevator Parts Recent Developments
Table 146. Ningbo Xinda Elevator Traction Technology Company Information
Table 147. Ningbo Xinda Elevator Traction Technology Introduction and Business Overview
Table 148. Ningbo Xinda Elevator Traction Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 149. Ningbo Xinda Elevator Traction Technology Traction Machine Product Offerings
Table 150. Ningbo Xinda Elevator Traction Technology Recent Developments
Table 151. Cheng Day International Group Company Information
Table 152. Cheng Day International Group Introduction and Business Overview
Table 153. Cheng Day International Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 154. Cheng Day International Group Traction Machine Product Offerings
Table 155. Cheng Day International Group Recent Developments
Table 156. Suzhou BDFUJI Elevator Company Information
Table 157. Suzhou BDFUJI Elevator Introduction and Business Overview
Table 158. Suzhou BDFUJI Elevator Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 159. Suzhou BDFUJI Elevator Traction Machine Product Offerings
Table 160. Suzhou BDFUJI Elevator Recent Developments
Table 161. Suzhou Dazen Electromechanical Technology Company Information
Table 162. Suzhou Dazen Electromechanical Technology Introduction and Business Overview
Table 163. Suzhou Dazen Electromechanical Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021–2026)
Table 164. Suzhou Dazen Electromechanical Technology Traction Machine Product Offerings
Table 165. Suzhou Dazen Electromechanical Technology Recent Developments
Table 166. Key Raw Materials Lists
Table 167. Key Suppliers of Raw Materials Lists
Table 168. Traction Machine Downstream Customers
Table 169. Traction Machine Distributors List
Table 170. Research Programs/Design for This Report
Table 171. Key Data Information from Secondary Sources
Table 172. Key Data Information from Primary Sources
List of Figures
Figure 1. Traction Machine Product Picture
Figure 2. Global Traction Machine Sales Value, 2021 vs 2025 vs 2032 (US$ Million)
Figure 3. Global Traction Machine Sales Value (US$ Million), 2021–2032
Figure 4. Global Traction Machine Sales Volume (K Units), 2021–2032
Figure 5. Global Traction Machine Sales Price (US$/Unit), 2021–2032
Figure 6. Traction Machine Report Years Considered
Figure 7. Global Traction Machine Players Revenue Ranking (US$ Million), 2025
Figure 8. Global Traction Machine Sales Volume Ranking of Players (K Units), 2025
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Traction Machine Revenue in 2025
Figure 10. Traction Machine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 vs 2025
Figure 11. Geared Traction Machine Picture
Figure 12. Gearless Traction Machine Picture
Figure 13. Global Traction Machine Sales Value by Type (US$ Million), 2021 vs 2025 vs 2032
Figure 14. Global Traction Machine Sales Value Market Share by Type, 2025 & 2032
Figure 15. Global Traction Machine Sales Volume by Type (K Units), 2021 vs 2025 vs 2032
Figure 16. Global Traction Machine Sales Volume Market Share by Type, 2025 & 2032
Figure 17. Global Traction Machine Price by Type (US$/Unit), 2021–2032
Figure 18. Machine Room Traction Machine Picture
Figure 19. Non Machine Room Traction Machine Picture
Figure 20. Global Traction Machine Sales Value by Installation Structure (US$ Million), 2021 vs 2025 vs 2032
Figure 21. Global Traction Machine Sales Value Market Share by Installation Structure, 2025 & 2032
Figure 22. Global Traction Machine Sales Volume by Installation Structure (K Units), 2021 vs 2025 vs 2032
Figure 23. Global Traction Machine Sales Volume Market Share by Installation Structure, 2025 & 2032
Figure 24. Global Traction Machine Price by Installation Structure (US$/Unit), 2021–2032
Figure 25. DC Traction Machine Picture
Figure 26. AC Traction Machine Picture
Figure 27. Global Traction Machine Sales Value by Motor Type (US$ Million), 2021 vs 2025 vs 2032
Figure 28. Global Traction Machine Sales Value Market Share by Motor Type, 2025 & 2032
Figure 29. Global Traction Machine Sales Volume by Motor Type (K Units), 2021 vs 2025 vs 2032
Figure 30. Global Traction Machine Sales Volume Market Share by Motor Type, 2025 & 2032
Figure 31. Global Traction Machine Price by Motor Type (US$/Unit), 2021–2032
Figure 32. Product Picture of Passenger Elevator
Figure 33. Product Picture of Freight Elevator
Figure 34. Product Picture of Home Lift
Figure 35. Global Traction Machine Sales Value by Application (US$ Million), 2021 vs 2025 vs 2032
Figure 36. Global Traction Machine Sales Value Market Share by Application, 2025 & 2032
Figure 37. Global Traction Machine Sales Volume by Application (K Units), 2021 vs 2025 vs 2032
Figure 38. Global Traction Machine Sales Volume Market Share by Application, 2025 & 2032
Figure 39. Global Traction Machine Price by Application (US$/Unit), 2021–2032
Figure 40. North America Traction Machine Sales Value (US$ Million), 2021–2032
Figure 41. North America Traction Machine Sales Value by Country (%), 2025 vs 2032
Figure 42. Europe Traction Machine Sales Value (US$ Million), 2021–2032
Figure 43. Europe Traction Machine Sales Value by Country (%), 2025 vs 2032
Figure 44. Asia Pacific Traction Machine Sales Value (US$ Million), 2021–2032
Figure 45. Asia Pacific Traction Machine Sales Value by Region (%), 2025 vs 2032
Figure 46. South America Traction Machine Sales Value (US$ Million), 2021–2032
Figure 47. South America Traction Machine Sales Value by Country (%), 2025 vs 2032
Figure 48. Middle East & Africa Traction Machine Sales Value (US$ Million), 2021–2032
Figure 49. Middle East & Africa Traction Machine Sales Value by Country (%), 2025 vs 2032
Figure 50. Key Countries/Regions Traction Machine Sales Value (%), 2021–2032
Figure 51. Key Countries/Regions Traction Machine Sales Volume (%), 2021–2032
Figure 52. United States Traction Machine Sales Value (US$ Million), 2021–2032
Figure 53. United States Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 54. United States Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 55. Europe Traction Machine Sales Value (US$ Million), 2021–2032
Figure 56. Europe Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 57. Europe Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 58. China Traction Machine Sales Value (US$ Million), 2021–2032
Figure 59. China Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 60. China Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 61. Japan Traction Machine Sales Value (US$ Million), 2021–2032
Figure 62. Japan Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 63. Japan Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 64. South Korea Traction Machine Sales Value (US$ Million), 2021–2032
Figure 65. South Korea Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 66. South Korea Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 67. Southeast Asia Traction Machine Sales Value (US$ Million), 2021–2032
Figure 68. Southeast Asia Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 69. Southeast Asia Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 70. India Traction Machine Sales Value (US$ Million), 2021–2032
Figure 71. India Traction Machine Sales Value by Type (%), 2025 vs 2032
Figure 72. India Traction Machine Sales Value by Application (%), 2025 vs 2032
Figure 73. Traction Machine Industrial Chain
Figure 74. Traction Machine Manufacturing Cost Structure
Figure 75. Channels of Distribution (Direct Sales, and Distribution)
Figure 76. Bottom-up and Top-down Approaches for This Report
Figure 77. Data Triangulation
Figure 78. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Traction Machine in 2026?
The global market size of Traction Machine in 2026 was 3256 Million USD.
What is the annual compound growth rate of the global Traction Machine market size from 2026 to 2032?
What was the global market size of Traction Machine in 2032?
Which region is expected to have the highest market share?
Which companies rank high in the global Traction Machine market?
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