Industry Research Reports
Home > Reports > Machinery & Equipment > Global Traction Machine Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
Global Traction Machine Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
Industry: Machinery & Equipment
Published Date: 2026-03-09
Pages: 106 Pages
Report ld: 6064021
Request Sample
Customized Report
- Description
- Table of Contents
- Table of Figures
- Related Reports
PDF Download
- Description
- Table of Contents
- Table of Figures
- Related Reports
- PDF Download
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 Traction Machine market size was US$ 3113 million in 2025 and is forecast to reach a readjusted size of US$ 4388 million by 2032 with a CAGR of 5.1% during the forecast period 2026-2032.
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.
The global Traction Machine market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2021-2032.
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: Report scope, segment-level executive summary (by Type, by Application) and market evolution across the short, mid and long term
Chapter 2: Quantitative analysis of Traction Machine sales and revenue at global, regional, and country levels, highlighting market size and growth potential by region
Chapter 3: Competitive landscape of Traction Machine manufacturers (sales, revenue, pricing, market share, industry rankings, and M&A / expansion plans)
Chapter 4: by Type-based segmentation analysis (sales, revenue, pricing, and growth potential) to identify blue-ocean product segments
Chapter 5: by Application-based segmentation analysis (sales, revenue, pricing, and growth potential) to uncover high-value downstream markets
Chapter 6: Regional breakdown by company, customer, by Type and by Application (sales, revenue, and pricing for each segment)
Chapter 7: Key manufacturer profiles –company overview, Traction Machine product descriptions and specifications, revenue, gross margins, and recent developments
Chapter 8: Industry chain analysis – upstream raw materials, manufacturing links, and downstream application sectors
Chapter 9: Sales channels and distributor analysis – routes to market and key customer interfaces
Chapter 10: Market dynamics – trends, drivers, restraints, risks for manufacturers, and the impact of relevant industry policies
Chapter 11: Key findings, main takeaways, and overall conclusions of the report.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Traction Machine value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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:
Market entry risks/opportunities by region
We identify regional market threats and growth prospects to guide your overseas layout.
Product mix optimization based on local practices
We adjust product portfolios in line with local consumption habits.
Competitor tactics in fragmented vs. consolidated markets
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
Full Research Coverage
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
19 Years Industry Expertise
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
24/7 Fast Report Delivery
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
Localized Strategic Analysis
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
Market entry risks/opportunities by region
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
Market entry risks/opportunities by region
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 Traction Machine Product Scope
1.2 Traction Machine by Type
1.2.1 Global Traction Machine Sales by Type (2021, 2025 & 2032)
1.2.2 Geared Traction Machine
1.2.3 Gearless Traction Machine
1.3 Traction Machine by Application
1.3.1 Global Traction Machine Sales Comparison by Application (2021, 2025 & 2032)
1.3.2 Passenger Elevator
1.3.3 Freight Elevator
1.3.4 Home Lift
1.4 Global Traction Machine Market Estimates and Forecasts (2021-2032)
1.4.1 Global Traction Machine Market Size (Value) and Growth Rate (2021-2032)
1.4.2 Global Traction Machine Market Size (Volume) and Growth Rate (2021-2032)
1.4.3 Global Traction Machine Price Trends (2021-2032)
1.5 Assumptions and Limitations
2 Market Size and Prospects by Region
2.1 Global Traction Machine Market Size by Region: 2021 VS 2025 VS 2032
2.2 Global Traction Machine Historical Market Scenario by Region (2021-2026)
2.2.1 Global Traction Machine Sales Market Share by Region (2021-2026)
2.2.2 Global Traction Machine Revenue Market Share by Region (2021-2026)
2.3 Global Traction Machine Market Estimates and Forecasts by Region (2027-2032)
2.3.1 Global Traction Machine Sales Estimates and Forecasts by Region (2027-2032)
2.3.2 Global Traction Machine Revenue Forecast by Region (2027-2032)
2.4 Major Regions and Emerging Market Analysis
2.4.1 North America Traction Machine Market Size and Prospects (2021-2032)
2.4.2 Europe Traction Machine Market Size and Prospects (2021-2032)
2.4.3 China Traction Machine Market Size and Prospects (2021-2032)
2.4.4 Japan Traction Machine Market Size and Prospects (2021-2032)
3 Global Market Size by Type
3.1 Global Traction Machine Historical Market Review by Type (2021-2026)
3.1.1 Global Traction Machine Sales by Type (2021-2026)
3.1.2 Global Traction Machine Revenue by Type (2021-2026)
3.1.3 Global Traction Machine Average Price by Type (2021-2026)
3.2 Global Traction Machine Market Estimates and Forecasts by Type (2027-2032)
3.2.1 Global Traction Machine Sales Forecast by Type (2027-2032)
3.2.2 Global Traction Machine Revenue Forecast by Type (2027-2032)
3.2.3 Global Traction Machine Price Forecast by Type (2027-2032)
3.3 Representative Players for Different Types of Traction Machine
4 Global Market Size by Application
4.1 Global Traction Machine Historical Market Review by Application (2021-2026)
4.1.1 Global Traction Machine Sales by Application (2021-2026)
4.1.2 Global Traction Machine Revenue by Application (2021-2026)
4.1.3 Global Traction Machine Average Price by Application (2021-2026)
4.2 Global Traction Machine Market Estimates and Forecasts by Application (2027-2032)
4.2.1 Global Traction Machine Sales Forecast by Application (2027-2032)
4.2.2 Global Traction Machine Revenue Forecast by Application (2027-2032)
4.2.3 Global Traction Machine Price Forecast by Application (2027-2032)
4.3 New Sources of Growth in Traction Machine Applications
5 Competition Landscape by Players
5.1 Global Traction Machine Sales by Player (2021-2026)
5.2 Global Top Traction Machine Players by Revenue (2021-2026)
5.3 Global Traction Machine Market Share by Company Type (Tier 1, Tier 2, and Tier 3), based on Traction Machine revenue as of 2025
5.4 Global Traction Machine Average Price by Company (2021-2026)
5.5 Global Key Manufacturers of Traction Machine, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Traction Machine, Product Type & Application
5.7 Global Key Manufacturers of Traction Machine, Date of Entry into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Regional Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Traction Machine Sales by Company
6.1.1.1 North America Traction Machine Sales by Company (2021-2026)
6.1.1.2 North America Traction Machine Revenue by Company (2021-2026)
6.1.2 North America Traction Machine Sales Breakdown by Type (2021-2026)
6.1.3 North America Traction Machine Sales Breakdown by Application (2021-2026)
6.1.4 North America Traction Machine Major Customers
6.1.5 North America Market Trends and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Traction Machine Sales by Company
6.2.1.1 Europe Traction Machine Sales by Company (2021-2026)
6.2.1.2 Europe Traction Machine Revenue by Company (2021-2026)
6.2.2 Europe Traction Machine Sales Breakdown by Type (2021-2026)
6.2.3 Europe Traction Machine Sales Breakdown by Application (2021-2026)
6.2.4 Europe Traction Machine Major Customers
6.2.5 Europe Market Trends and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Traction Machine Sales by Company
6.3.1.1 China Traction Machine Sales by Company (2021-2026)
6.3.1.2 China Traction Machine Revenue by Company (2021-2026)
6.3.2 China Traction Machine Sales Breakdown by Type (2021-2026)
6.3.3 China Traction Machine Sales Breakdown by Application (2021-2026)
6.3.4 China Traction Machine Major Customers
6.3.5 China Market Trends and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Traction Machine Sales by Company
6.4.1.1 Japan Traction Machine Sales by Company (2021-2026)
6.4.1.2 Japan Traction Machine Revenue by Company (2021-2026)
6.4.2 Japan Traction Machine Sales Breakdown by Type (2021-2026)
6.4.3 Japan Traction Machine Sales Breakdown by Application (2021-2026)
6.4.4 Japan Traction Machine Major Customers
6.4.5 Japan Market Trends and Opportunities
7 Company Profiles and Key Figures
7.1 Nidec Elevator Group
7.1.1 Nidec Elevator Group Company Information
7.1.2 Nidec Elevator Group Business Overview
7.1.3 Nidec Elevator Group Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.1.4 Nidec Elevator Group Traction Machine Products Offered
7.1.5 Nidec Elevator Group Recent Development
7.2 Wittur Group
7.2.1 Wittur Group Company Information
7.2.2 Wittur Group Business Overview
7.2.3 Wittur Group Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.2.4 Wittur Group Traction Machine Products Offered
7.2.5 Wittur Group Recent Development
7.3 APSON
7.3.1 APSON Company Information
7.3.2 APSON Business Overview
7.3.3 APSON Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.3.4 APSON Traction Machine Products Offered
7.3.5 APSON Recent Development
7.4 Nagaoka Machinery
7.4.1 Nagaoka Machinery Company Information
7.4.2 Nagaoka Machinery Business Overview
7.4.3 Nagaoka Machinery Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.4.4 Nagaoka Machinery Traction Machine Products Offered
7.4.5 Nagaoka Machinery Recent Development
7.5 Torin Drive
7.5.1 Torin Drive Company Information
7.5.2 Torin Drive Business Overview
7.5.3 Torin Drive Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.5.4 Torin Drive Traction Machine Products Offered
7.5.5 Torin Drive Recent Development
7.6 Tectronics Engineers
7.6.1 Tectronics Engineers Company Information
7.6.2 Tectronics Engineers Business Overview
7.6.3 Tectronics Engineers Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.6.4 Tectronics Engineers Traction Machine Products Offered
7.6.5 Tectronics Engineers Recent Development
7.7 Kolmar Asansor
7.7.1 Kolmar Asansor Company Information
7.7.2 Kolmar Asansor Business Overview
7.7.3 Kolmar Asansor Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.7.4 Kolmar Asansor Traction Machine Products Offered
7.7.5 Kolmar Asansor Recent Development
7.8 Elecon
7.8.1 Elecon Company Information
7.8.2 Elecon Business Overview
7.8.3 Elecon Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.8.4 Elecon Traction Machine Products Offered
7.8.5 Elecon Recent Development
7.9 Raman Engineering
7.9.1 Raman Engineering Company Information
7.9.2 Raman Engineering Business Overview
7.9.3 Raman Engineering Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.9.4 Raman Engineering Traction Machine Products Offered
7.9.5 Raman Engineering Recent Development
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 Business Overview
7.10.3 Shenyang Yuanda Intellectual Industry Group Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.10.4 Shenyang Yuanda Intellectual Industry Group Traction Machine Products Offered
7.10.5 Shenyang Yuanda Intellectual Industry Group Recent Development
7.11 Hebei Fengwei Machinery Manufacturing
7.11.1 Hebei Fengwei Machinery Manufacturing Company Information
7.11.2 Hebei Fengwei Machinery Manufacturing Business Overview
7.11.3 Hebei Fengwei Machinery Manufacturing Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.11.4 Hebei Fengwei Machinery Manufacturing Traction Machine Products Offered
7.11.5 Hebei Fengwei Machinery Manufacturing Recent Development
7.12 Montanari Drive Technology
7.12.1 Montanari Drive Technology Company Information
7.12.2 Montanari Drive Technology Business Overview
7.12.3 Montanari Drive Technology Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.12.4 Montanari Drive Technology Traction Machine Products Offered
7.12.5 Montanari Drive Technology Recent Development
7.13 Zhejiang Xierk Elevator Parts
7.13.1 Zhejiang Xierk Elevator Parts Company Information
7.13.2 Zhejiang Xierk Elevator Parts Business Overview
7.13.3 Zhejiang Xierk Elevator Parts Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.13.4 Zhejiang Xierk Elevator Parts Traction Machine Products Offered
7.13.5 Zhejiang Xierk Elevator Parts Recent Development
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 Business Overview
7.14.3 Ningbo Xinda Elevator Traction Technology Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.14.4 Ningbo Xinda Elevator Traction Technology Traction Machine Products Offered
7.14.5 Ningbo Xinda Elevator Traction Technology Recent Development
7.15 Cheng Day International Group
7.15.1 Cheng Day International Group Company Information
7.15.2 Cheng Day International Group Business Overview
7.15.3 Cheng Day International Group Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.15.4 Cheng Day International Group Traction Machine Products Offered
7.15.5 Cheng Day International Group Recent Development
7.16 Suzhou BDFUJI Elevator
7.16.1 Suzhou BDFUJI Elevator Company Information
7.16.2 Suzhou BDFUJI Elevator Business Overview
7.16.3 Suzhou BDFUJI Elevator Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.16.4 Suzhou BDFUJI Elevator Traction Machine Products Offered
7.16.5 Suzhou BDFUJI Elevator Recent Development
7.17 Suzhou Dazen Electromechanical Technology
7.17.1 Suzhou Dazen Electromechanical Technology Company Information
7.17.2 Suzhou Dazen Electromechanical Technology Business Overview
7.17.3 Suzhou Dazen Electromechanical Technology Traction Machine Sales, Revenue and Gross Margin (2021-2026)
7.17.4 Suzhou Dazen Electromechanical Technology Traction Machine Products Offered
7.17.5 Suzhou Dazen Electromechanical Technology Recent Development
8 Traction Machine Manufacturing Cost Analysis
8.1 Traction Machine Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Traction Machine
8.4 Traction Machine Industrial Chain Analysis
9 Marketing Channels, Distributors and Customers
9.1 Marketing Channels
9.2 Traction Machine Distributors List
9.3 Traction Machine Customers
10 Traction Machine Market Dynamics
10.1 Traction Machine Industry Trends
10.2 Traction Machine Market Drivers
10.3 Traction Machine Market Challenges
10.4 Traction Machine Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
Table 1. Global Traction Machine Sales (US$ Million) Growth Rate by Type (2021, 2025 & 2032)
Table 2. Global Traction Machine Sales (US$ Million) Comparison by Application (2021, 2025 & 2032)
Table 3. Global Market Traction Machine Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Table 4. Global Traction Machine Sales (K Units) by Region (2021-2026)
Table 5. Global Traction Machine Sales Market Share by Region (2021-2026)
Table 6. Global Traction Machine Revenue (US$ Million) Market Share by Region (2021-2026)
Table 7. Global Traction Machine Revenue Share by Region (2021-2026)
Table 8. Global Traction Machine Sales (K Units) Forecast by Region (2027-2032)
Table 9. Global Traction Machine Sales Market Share Forecast by Region (2027-2032)
Table 10. Global Traction Machine Revenue (US$ Million) Forecast by Region (2027-2032)
Table 11. Global Traction Machine Revenue Share Forecast by Region (2027-2032)
Table 12. Global Traction Machine Sales by Type (K Units) & (2021-2026)
Table 13. Global Traction Machine Sales Share by Type (2021-2026)
Table 14. Global Traction Machine Revenue by Type (US$ Million) & (2021-2026)
Table 15. Global Traction Machine Average Price by Type (US$/Unit) & (2021-2026)
Table 16. Global Traction Machine Sales by Type (K Units) & (2027-2032)
Table 17. Global Traction Machine Revenue by Type (US$ Million) & (2027-2032)
Table 18. Global Traction Machine Average Price by Type (US$/Unit) & (2027-2032)
Table 19. Representative Players of Each Type
Table 20. Global Traction Machine Sales by Application (K Units) & (2021-2026)
Table 21. Global Traction Machine Sales Share by Application (2021-2026)
Table 22. Global Traction Machine Revenue by Application (US$ Million) & (2021-2026)
Table 23. Global Traction Machine Average Price by Application (US$/Unit) & (2021-2026)
Table 24. Global Traction Machine Sales by Application (K Units) & (2027-2032)
Table 25. Global Traction Machine Revenue Market Share by Application (US$ Million) & (2027-2032)
Table 26. Global Traction Machine Average Price by Application (US$/Unit) & (2027-2032)
Table 27. New Sources of Growth in Traction Machine Applications
Table 28. Global Traction Machine Sales by Company (K Units) & (2021-2026)
Table 29. Global Traction Machine Sales Share by Company (2021-2026)
Table 30. Global Traction Machine Revenue by Company (US$ Million) & (2021-2026)
Table 31. Global Traction Machine Revenue Share by Company (2021-2026)
Table 32. Global Traction Machine by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Traction Machine as of 2025)
Table 33. Global Market Traction Machine Average Price by Company (US$/Unit) & (2021-2026)
Table 34. Global Key Manufacturers of Traction Machine, Manufacturing Sites & Headquarters
Table 35. Global Key Manufacturers of Traction Machine, Product Type & Application
Table 36. Global Key Manufacturers of Traction Machine, Date of Entry into This Industry
Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 38. North America Traction Machine Sales by Company (2021-2026) & (K Units)
Table 39. North America Traction Machine Sales Market Share by Company (2021-2026)
Table 40. North America Traction Machine Revenue by Company (2021-2026) & (US$ Million)
Table 41. North America Traction Machine Revenue Market Share by Company (2021-2026)
Table 42. North America Traction Machine Sales by Type (2021-2026) & (K Units)
Table 43. North America Traction Machine Sales Market Share by Type (2021-2026)
Table 44. North America Traction Machine Sales by Application (2021-2026) & (K Units)
Table 45. North America Traction Machine Sales Market Share by Application (2021-2026)
Table 46. Europe Traction Machine Sales by Company (2021-2026) & (K Units)
Table 47. Europe Traction Machine Sales Market Share by Company (2021-2026)
Table 48. Europe Traction Machine Revenue by Company (2021-2026) & (US$ Million)
Table 49. Europe Traction Machine Revenue Market Share by Company (2021-2026)
Table 50. Europe Traction Machine Sales by Type (2021-2026) & (K Units)
Table 51. Europe Traction Machine Sales Market Share by Type (2021-2026)
Table 52. Europe Traction Machine Sales by Application (2021-2026) & (K Units)
Table 53. Europe Traction Machine Sales Market Share by Application (2021-2026)
Table 54. China Traction Machine Sales by Company (2021-2026) & (K Units)
Table 55. China Traction Machine Sales Market Share by Company (2021-2026)
Table 56. China Traction Machine Revenue by Company (2021-2026) & (US$ Million)
Table 57. China Traction Machine Revenue Market Share by Company (2021-2026)
Table 58. China Traction Machine Sales by Type (2021-2026) & (K Units)
Table 59. China Traction Machine Sales Market Share by Type (2021-2026)
Table 60. China Traction Machine Sales by Application (2021-2026) & (K Units)
Table 61. China Traction Machine Sales Market Share by Application (2021-2026)
Table 62. Japan Traction Machine Sales by Company (2021-2026) & (K Units)
Table 63. Japan Traction Machine Sales Market Share by Company (2021-2026)
Table 64. Japan Traction Machine Revenue by Company (2021-2026) & (US$ Million)
Table 65. Japan Traction Machine Revenue Market Share by Company (2021-2026)
Table 66. Japan Traction Machine Sales by Type (2021-2026) & (K Units)
Table 67. Japan Traction Machine Sales Market Share by Type (2021-2026)
Table 68. Japan Traction Machine Sales by Application (2021-2026) & (K Units)
Table 69. Japan Traction Machine Sales Market Share by Application (2021-2026)
Table 70. Nidec Elevator Group Company Information
Table 71. Nidec Elevator Group Description and Business Overview
Table 72. Nidec Elevator Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 73. Nidec Elevator Group Traction Machine Product
Table 74. Nidec Elevator Group Recent Development
Table 75. Wittur Group Company Information
Table 76. Wittur Group Description and Business Overview
Table 77. Wittur Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 78. Wittur Group Traction Machine Product
Table 79. Wittur Group Recent Development
Table 80. APSON Company Information
Table 81. APSON Description and Business Overview
Table 82. APSON Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 83. APSON Traction Machine Product
Table 84. APSON Recent Development
Table 85. Nagaoka Machinery Company Information
Table 86. Nagaoka Machinery Description and Business Overview
Table 87. Nagaoka Machinery Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 88. Nagaoka Machinery Traction Machine Product
Table 89. Nagaoka Machinery Recent Development
Table 90. Torin Drive Company Information
Table 91. Torin Drive Description and Business Overview
Table 92. Torin Drive Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 93. Torin Drive Traction Machine Product
Table 94. Torin Drive Recent Development
Table 95. Tectronics Engineers Company Information
Table 96. Tectronics Engineers Description and Business Overview
Table 97. Tectronics Engineers Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 98. Tectronics Engineers Traction Machine Product
Table 99. Tectronics Engineers Recent Development
Table 100. Kolmar Asansor Company Information
Table 101. Kolmar Asansor Description and Business Overview
Table 102. Kolmar Asansor Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 103. Kolmar Asansor Traction Machine Product
Table 104. Kolmar Asansor Recent Development
Table 105. Elecon Company Information
Table 106. Elecon Description and Business Overview
Table 107. Elecon Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 108. Elecon Traction Machine Product
Table 109. Elecon Recent Development
Table 110. Raman Engineering Company Information
Table 111. Raman Engineering Description and Business Overview
Table 112. Raman Engineering Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 113. Raman Engineering Traction Machine Product
Table 114. Raman Engineering Recent Development
Table 115. Shenyang Yuanda Intellectual Industry Group Company Information
Table 116. Shenyang Yuanda Intellectual Industry Group Description and Business Overview
Table 117. Shenyang Yuanda Intellectual Industry Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 118. Shenyang Yuanda Intellectual Industry Group Traction Machine Product
Table 119. Shenyang Yuanda Intellectual Industry Group Recent Development
Table 120. Hebei Fengwei Machinery Manufacturing Company Information
Table 121. Hebei Fengwei Machinery Manufacturing Description and Business Overview
Table 122. Hebei Fengwei Machinery Manufacturing Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 123. Hebei Fengwei Machinery Manufacturing Traction Machine Product
Table 124. Hebei Fengwei Machinery Manufacturing Recent Development
Table 125. Montanari Drive Technology Company Information
Table 126. Montanari Drive Technology Description and Business Overview
Table 127. Montanari Drive Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 128. Montanari Drive Technology Traction Machine Product
Table 129. Montanari Drive Technology Recent Development
Table 130. Zhejiang Xierk Elevator Parts Company Information
Table 131. Zhejiang Xierk Elevator Parts Description and Business Overview
Table 132. Zhejiang Xierk Elevator Parts Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 133. Zhejiang Xierk Elevator Parts Traction Machine Product
Table 134. Zhejiang Xierk Elevator Parts Recent Development
Table 135. Ningbo Xinda Elevator Traction Technology Company Information
Table 136. Ningbo Xinda Elevator Traction Technology Description and Business Overview
Table 137. Ningbo Xinda Elevator Traction Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 138. Ningbo Xinda Elevator Traction Technology Traction Machine Product
Table 139. Ningbo Xinda Elevator Traction Technology Recent Development
Table 140. Cheng Day International Group Company Information
Table 141. Cheng Day International Group Description and Business Overview
Table 142. Cheng Day International Group Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 143. Cheng Day International Group Traction Machine Product
Table 144. Cheng Day International Group Recent Development
Table 145. Suzhou BDFUJI Elevator Company Information
Table 146. Suzhou BDFUJI Elevator Description and Business Overview
Table 147. Suzhou BDFUJI Elevator Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 148. Suzhou BDFUJI Elevator Traction Machine Product
Table 149. Suzhou BDFUJI Elevator Recent Development
Table 150. Suzhou Dazen Electromechanical Technology Company Information
Table 151. Suzhou Dazen Electromechanical Technology Description and Business Overview
Table 152. Suzhou Dazen Electromechanical Technology Traction Machine Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026)
Table 153. Suzhou Dazen Electromechanical Technology Traction Machine Product
Table 154. Suzhou Dazen Electromechanical Technology Recent Development
Table 155. Production Base and Market Concentration Rate of Raw Material
Table 156. Key Suppliers of Raw Materials
Table 157. Traction Machine Distributors List
Table 158. Traction Machine Customers List
Table 159. Traction Machine Market Trends
Table 160. Traction Machine Market Drivers
Table 161. Traction Machine Market Challenges
Table 162. Traction Machine Market Restraints
Table 163. Research Programs/Design for This Report
Table 164. Key Data Information from Secondary Sources
Table 165. Key Data Information from Primary Sources
List of Figures
Figure 1. Traction Machine Product Picture
Figure 2. Global Traction Machine Sales (US$ Million) by Type (2021, 2025 & 2032)
Figure 3. Global Traction Machine Sales Market Share by Type in 2025 & 2032
Figure 4. Geared Traction Machine Product Picture
Figure 5. Gearless Traction Machine Product Picture
Figure 6. Global Traction Machine Sales (US$ Million) by Application (2021, 2025 & 2032)
Figure 7. Global Traction Machine Sales Market Share by Application in 2025 & 2032
Figure 8. Passenger Elevator Examples
Figure 9. Freight Elevator Examples
Figure 10. Home Lift Examples
Figure 11. Global Traction Machine Sales, (US$ Million), 2021 VS 2025 VS 2032
Figure 12. Global Traction Machine Sales Growth Rate (2021-2032) & (US$ Million)
Figure 13. Global Traction Machine Sales (K Units) Growth Rate (2021-2032)
Figure 14. Global Traction Machine Price Trends Growth Rate (2021-2032) & (US$/Unit)
Figure 15. Traction Machine Report Years Considered
Figure 16. Global Market Traction Machine Market Size (US$ Million) by Region:2021 VS 2025 VS 2032
Figure 17. Global Traction Machine Revenue Market Share by Region: 2021 VS 2025
Figure 18. North America Traction Machine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 19. North America Traction Machine Sales (K Units) Growth Rate (2021-2032)
Figure 20. Europe Traction Machine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 21. Europe Traction Machine Sales (K Units) Growth Rate (2021-2032)
Figure 22. China Traction Machine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 23. China Traction Machine Sales (K Units) Growth Rate (2021-2032)
Figure 24. Japan Traction Machine Revenue (US$ Million) Growth Rate (2021-2032)
Figure 25. Japan Traction Machine Sales (K Units) Growth Rate (2021-2032)
Figure 26. Global Traction Machine Revenue Share by Type (2021-2026)
Figure 27. Global Traction Machine Sales Share by Type (2027-2032)
Figure 28. Global Traction Machine Revenue Share by Type (2027-2032)
Figure 29. Global Traction Machine Revenue Share by Application (2021-2026)
Figure 30. Global Traction Machine Revenue Market Share by Application in 2021 & 2025
Figure 31. Global Traction Machine Sales Share by Application (2027-2032)
Figure 32. Global Traction Machine Revenue Share by Application (2027-2032)
Figure 33. Global Traction Machine Sales Share by Company (2025)
Figure 34. Global Traction Machine Revenue Share by Company (2025)
Figure 35. Global 5 Largest Traction Machine Players Market Share by Revenue in Traction Machine: 2021 & 2025
Figure 36. Traction Machine Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025
Figure 37. Manufacturing Cost Structure of Traction Machine
Figure 38. Manufacturing Process Analysis of Traction Machine
Figure 39. Traction Machine Industrial Chain
Figure 40. Channels of Distribution (Direct Vs Distribution)
Figure 41. Distributors Profiles
Figure 42. Bottom-up and Top-down Approaches for This Report
Figure 43. Data Triangulation
Figure 44. Key Executives Interviewed
KEY QUESTIONS ADDRESSED BY THE REPORT
What is the annual compound growth rate of the global Traction Machine market size from 2026 to 2032?
The annual compound growth rate of the global Traction Machine market is 5.1% 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?
What was the global market size of Traction Machine in 2026?
Related Reports
Traction Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
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.
Published Date: 2026-03-06
Pages: 136
USD 3950.00
(Single User License)
Global Traction Machine Market Research Report 2026
The global Traction Machine market was valued at US$ 3113 million in 2025 and is anticipated to reach US$ 4388 million by 2032, at a CAGR of 5.1% from 2026 to 2032.
Published Date: 2026-03-06
Pages: 151
USD 2900.00
(Single User License)
Traction Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Traction Machine was estimated to be worth US$ 2955 million in 2024 and is forecast to a readjusted size of US$ 4196 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
Published Date: 2025-12-01
Pages: 146
USD 3950.00
(Single User License)
Global Traction Machine Market Outlook, In‑Depth Analysis & Forecast to 2031
The global Traction Machine market is projected to grow from US$ 2955 million in 2024 to US$ 4196 million by 2031, at a CAGR of 5.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-12-01
Pages: 176
USD 4900.00
(Single User License)
Global Traction Machine Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Traction Machine market size was US$ 2955 million in 2024 and is forecast to a readjusted size of US$ 4196 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
Published Date: 2025-12-01
Pages: 106
USD 4250.00
(Single User License)
Global Traction Machine Market Research Report 2025
The global market for Traction Machine was valued at US$ 2955 million in the year 2024 and is projected to reach a revised size of US$ 4196 million by 2031, growing at a CAGR of 5.1% during the forecast period.
Published Date: 2025-12-01
Pages: 112
USD 2900.00
(Single User License)
Traction Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Traction Machine was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Published Date: 2025-01-30
Pages: 167
USD 3950.00
(Single User License)
Global Traction Machine Market Research Report 2024
The global Traction Machine market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Published Date: 2024-02-07
Pages: 107
USD 2900.00
(Single User License)
Traction Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032
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.
Published: 2026-03-06
Pages: 136
USD 3950.00 (Single User License)Global Traction Machine Market Research Report 2026
The global Traction Machine market was valued at US$ 3113 million in 2025 and is anticipated to reach US$ 4388 million by 2032, at a CAGR of 5.1% from 2026 to 2032.
Published: 2026-03-06
Pages: 151
USD 2900.00 (Single User License)Traction Machine - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Traction Machine was estimated to be worth US$ 2955 million in 2024 and is forecast to a readjusted size of US$ 4196 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
Published: 2025-12-01
Pages: 146
USD 3950.00 (Single User License)Global Traction Machine Market Outlook, In‑Depth Analysis & Forecast to 2031
The global Traction Machine market is projected to grow from US$ 2955 million in 2024 to US$ 4196 million by 2031, at a CAGR of 5.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-12-01
Pages: 176
USD 4900.00 (Single User License)Global Traction Machine Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
The global Traction Machine market size was US$ 2955 million in 2024 and is forecast to a readjusted size of US$ 4196 million by 2031 with a CAGR of 5.1% during the forecast period 2025-2031.
Published: 2025-12-01
Pages: 106
USD 4250.00 (Single User License)Global Traction Machine Market Research Report 2025
The global market for Traction Machine was valued at US$ 2955 million in the year 2024 and is projected to reach a revised size of US$ 4196 million by 2031, growing at a CAGR of 5.1% during the forecast period.
Published: 2025-12-01
Pages: 112
USD 2900.00 (Single User License)Traction Machine- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
The global market for Traction Machine was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
Published: 2025-01-30
Pages: 167
USD 3950.00 (Single User License)Global Traction Machine Market Research Report 2024
The global Traction Machine market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
Published: 2024-02-07
Pages: 107
USD 2900.00 (Single User License)
CHOOSE LICENSE TYPE
USD 4250.00
USD 6375.00
USD 8500.00
Add to Cart
Buy Now
HAVE A QUESTION?
General Email:
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now