Global Gearless Traction Motors in Elevator Market Growth 2023-2029

Global Gearless Traction Motors in Elevator Market Growth 2023-2029

The global Gearless Traction Motors in Elevator market size is projected to grow from US$ 831.5 million in 2022 to US$ 1268.9 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.

United States market for Gearless Traction Motors in Elevator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Gearless Traction Motors in Elevator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Gearless Traction Motors in Elevator is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Gearless Traction Motors in Elevator players cover Changzhou Fulling Motor Co, Ltd, Columbus McKinnon Corporation, Global Partner Elevator, LEESON Electric Corporation, Nidec Motor Corporation, Schindler Elevator Corporation, Siemens AG, GE and The Imperial Electric Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

LPI (LP Information)' newest research report, the “Gearless Traction Motors in Elevator Industry Forecast” looks at past sales and reviews total world Gearless Traction Motors in Elevator sales in 2022, providing a comprehensive analysis by region and market sector of projected Gearless Traction Motors in Elevator sales for 2023 through 2029. With Gearless Traction Motors in Elevator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gearless Traction Motors in Elevator industry.

This Insight Report provides a comprehensive analysis of the global Gearless Traction Motors in Elevator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Gearless Traction Motors in Elevator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Gearless Traction Motors in Elevator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gearless Traction Motors in Elevator and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Gearless Traction Motors in Elevator.

This report presents a comprehensive overview, market shares, and growth opportunities of Gearless Traction Motors in Elevator market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
AC Motors
DC Motors

Segmentation by application
Residential
Commercial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Gearless Traction Motors in Elevator market?

What factors are driving Gearless Traction Motors in Elevator market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Gearless Traction Motors in Elevator market opportunities vary by end market size?

How does Gearless Traction Motors in Elevator break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.