Elevator Motors Market (Category: AC Motors and DC Motors; Type- Geared Traction Motors and Gearless Traction Motors) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Elevator Motors Market – Scope of Report


TMR’s report on the global Elevator Motors Market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Elevator Motors Market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Elevator Motors Market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Plasmonic Materials market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Plasmonic Materials market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Plasmonic Materials market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Plasmonic Materials market.

The report delves into the competitive landscape of the global Plasmonic Materials market. Key players operating in the global Elevator Motors Market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Elevator Motors Market profiled in this report.

Key Questions Answered in Global Elevator Motors Market Report

  • What is the sales/revenue generated by Plasmonic Materials across all regions during the forecast period?
  • What are the opportunities in the global Plasmonic Materials market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Elevator Motors Market – Research Objectives and Research Approach


The comprehensive report on the global Elevator Motors Market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Elevator Motors Market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Plasmonic Materials market.

Elevator Motors Market – Scope of Report


TMR’s report on the global Elevator Motors Market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Elevator Motors Market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Elevator Motors Market from 2023 to 2031.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Plasmonic Materials market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Plasmonic Materials market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Plasmonic Materials market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Plasmonic Materials market.

The report delves into the competitive landscape of the global Plasmonic Materials market. Key players operating in the global Elevator Motors Market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Elevator Motors Market profiled in this report.

Key Questions Answered in Global Elevator Motors Market Report

  • What is the sales/revenue generated by Plasmonic Materials across all regions during the forecast period?
  • What are the opportunities in the global Plasmonic Materials market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2031?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?

Elevator Motors Market – Research Objectives and Research Approach


The comprehensive report on the global Elevator Motors Market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global Elevator Motors Market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Plasmonic Materials market."


1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Porter’s Five Forces Analysis
5.5. Industry SWOT Analysis
5.6. Value Chain Analysis
5.7. COVID-19 Impact Analysis
5.8. Regulatory Framework & Guidelines
5.9. Technology Overview
5.10. Global Elevator Motors Market Analysis and Forecast, 2017 - 2031
5.10.1. Market Value Projections (US$ Mn)
5.10.2. Market Volume Projections (Thousand Units)
6. Global Elevator Motors Market Analysis and Forecast, by Category
6.1. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
6.1.1. AC Motors
6.1.2. DC Motors
6.2. Incremental Opportunity, by Category
7. Global Elevator Motors Market Analysis and Forecast, by Type
7.1. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
7.1.1. Geared Traction Motors
7.1.2. Gearless Traction Motors
7.2. Incremental Opportunity, by Type
8. Global Elevator Motors Market Analysis and Forecast, by Application
8.1. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
8.1.1. Residential
8.1.2. Commercial
8.2. Incremental Opportunity, by Application
9. Global Elevator Motors Market Analysis and Forecast, by Distribution Channel
9.1. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
9.1.1. Online
9.1.2. Offline
9.1.2.1. Direct Sales
9.1.2.2. Indirect Sales
9.2. Incremental Opportunity, by Distribution Channel
10. Global Elevator Motors Market Analysis and Forecast, by Region
10.1. Elevator Motors Market Size (US$ Mn and Thousand Units), by Region, 2017 - 2031
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Middle East & Africa
10.1.5. South America
10.2. Incremental Opportunity, by Region
11. North America Elevator Motors Market Analysis and Forecast
11.1. Regional Snapshot
11.2. Key Supplier Analysis
11.3. Key Trends Analysis
11.3.1. Demand Side Analysis
11.3.2. Supply Side Analysis
11.4. Price Trend Analysis
11.4.1. Weighted Average Selling Price (USD)
11.5. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
11.5.1. AC Motors
11.5.2. DC Motors
11.6. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
11.6.1. Geared Traction Motors
11.6.2. Gearless Traction Motors
11.7. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
11.7.1. Residential
11.7.2. Commercial
11.8. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
11.8.1. Online
11.8.2. Offline
11.8.2.1. Direct Sales
11.8.2.2. Indirect Sales
11.9. Elevator Motors Market Size (US$ Mn) (Thousand Units), by Country, 2017 - 2031
11.9.1. The U.S.
11.9.2. Canada
11.9.3. Rest of North America
11.10. Incremental Opportunity Analysis
12. Europe Elevator Motors Market Analysis and Forecast
12.1. Regional Snapshot
12.2. Key Supplier Analysis
12.3. Key Trends Analysis
12.3.1. Demand Side Analysis
12.3.2. Supply Side Analysis
12.4. Price Trend Analysis
12.4.1. Weighted Average Selling Price (USD)
12.5. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
12.5.1. AC Motors
12.5.2. DC Motors
12.6. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
12.6.1. Geared Traction Motors
12.6.2. Gearless Traction Motors
12.7. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
12.7.1. Residential
12.7.2. Commercial
12.8. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
12.8.1. Online
12.8.2. Offline
12.8.2.1. Direct Sales
12.8.2.2. Indirect Sales
12.9. Elevator Motors Market Size (US$ Mn) (Thousand Units), by Country, 2017 - 2031
12.9.1. U.K.
12.9.2. Germany
12.9.3. France
12.9.4. Rest of Europe
12.10. Incremental Opportunity Analysis
13. Asia Pacific Elevator Motors Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Key Supplier Analysis
13.3. Key Trends Analysis
13.3.1. Demand Side Analysis
13.3.2. Supply Side Analysis
13.4. Price Trend Analysis
13.4.1. Weighted Average Selling Price (USD)
13.5. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
13.5.1. AC Motors
13.5.2. DC Motors
13.6. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
13.6.1. Geared Traction Motors
13.6.2. Gearless Traction Motors
13.7. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
13.7.1. Residential
13.7.2. Commercial
13.8. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
13.8.1. Online
13.8.2. Offline
13.8.2.1. Direct Sales
13.8.2.2. Indirect Sales
13.9. Elevator Motors Market Size (US$ Mn) (Thousand Units), by Country, 2017 - 2031
13.9.1. China
13.9.2. India
13.9.3. Japan
13.9.4. Rest of Asia Pacific
13.10. Incremental Opportunity Analysis
14. Middle East & Africa Elevator Motors Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Key Supplier Analysis
14.3. Key Trends Analysis
14.3.1. Demand Side Analysis
14.3.2. Supply Side Analysis
14.4. Price Trend Analysis
14.4.1. Weighted Average Selling Price (USD)
14.5. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
14.5.1. AC Motors
14.5.2. DC Motors
14.6. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
14.6.1. Geared Traction Motors
14.6.2. Gearless Traction Motors
14.7. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
14.7.1. Residential
14.7.2. Commercial
14.8. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
14.8.1. Online
14.8.2. Offline
14.8.2.1. Direct Sales
14.8.2.2. Indirect Sales
14.9. Elevator Motors Market Size (US$ Mn) (Thousand Units), by Country, 2017 - 2031
14.9.1. GCC
14.9.2. South Africa
14.9.3. Rest of Middle East & Africa
14.10. Incremental Opportunity Analysis
15. South America Elevator Motors Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Key Supplier Analysis
15.3. Key Trends Analysis
15.3.1. Demand Side Analysis
15.3.2. Supply Side Analysis
15.4. Price Trend Analysis
15.4.1. Weighted Average Selling Price (USD)
15.5. Elevator Motors Market Size (US$ Mn and Thousand Units), by Category, 2017 - 2031
15.5.1. AC Motors
15.5.2. DC Motors
15.6. Elevator Motors Market Size (US$ Mn and Thousand Units), by Type, 2017 - 2031
15.6.1. Geared Traction Motors
15.6.2. Gearless Traction Motors
15.7. Elevator Motors Market Size (US$ Mn and Thousand Units), by Application, 2017 - 2031
15.7.1. Residential
15.7.2. Commercial
15.8. Elevator Motors Market Size (US$ Mn and Thousand Units), by Distribution Channel, 2017 - 2031
15.8.1. Online
15.8.2. Offline
15.8.2.1. Direct Sales
15.8.2.2. Indirect Sales
15.9. Elevator Motors Market Size (US$ Mn) (Thousand Units), by Country, 2017 - 2031
15.9.1. Brazil
15.9.2. Rest of South America
15.10. Incremental Opportunity Analysis
16. Competition Landscape
16.1. Market Player – Competition Dashboard
16.2. Market Share Analysis (%), 2022
16.3. Company Profiles (Details – Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview, Go-To-Market Strategy)
16.3.1. Changzhou Fulling Motor Co., Ltd
16.3.1.1. Company Overview
16.3.1.2. Sales Area/Geographical Presence
16.3.1.3. Revenue
16.3.1.4. Strategy & Business Overview
16.3.1.5. Go-To-Market Strategy
16.3.2. Columbus McKinnon Corporation
16.3.2.1. Company Overview
16.3.2.2. Sales Area/Geographical Presence
16.3.2.3. Revenue
16.3.2.4. Strategy & Business Overview
16.3.2.5. Go-To-Market Strategy
16.3.3. Global Partner Elevator
16.3.3.1. Company Overview
16.3.3.2. Sales Area/Geographical Presence
16.3.3.3. Revenue
16.3.3.4. Strategy & Business Overview
16.3.3.5. Go-To-Market Strategy
16.3.4. LEESON Electric Corporation
16.3.4.1. Company Overview
16.3.4.2. Sales Area/Geographical Presence
16.3.4.3. Revenue
16.3.4.4. Strategy & Business Overview
16.3.4.5. Go-To-Market Strategy
16.3.5. Nidec Motor Corporation
16.3.5.1. Company Overview
16.3.5.2. Sales Area/Geographical Presence
16.3.5.3. Revenue
16.3.5.4. Strategy & Business Overview
16.3.5.5. Go-To-Market Strategy
16.3.6. Schindler Elevator Corporation
16.3.6.1. Company Overview
16.3.6.2. Sales Area/Geographical Presence
16.3.6.3. Revenue
16.3.6.4. Strategy & Business Overview
16.3.6.5. Go-To-Market Strategy
16.3.7. Siemens AG
16.3.7.1. Company Overview
16.3.7.2. Sales Area/Geographical Presence
16.3.7.3. Revenue
16.3.7.4. Strategy & Business Overview
16.3.7.5. Go-To-Market Strategy
16.3.8. The General Electric Company
16.3.8.1. Company Overview
16.3.8.2. Sales Area/Geographical Presence
16.3.8.3. Revenue
16.3.8.4. Strategy & Business Overview
16.3.8.5. Go-To-Market Strategy
16.3.9. The Imperial Electric Company
16.3.9.1. Company Overview
16.3.9.2. Sales Area/Geographical Presence
16.3.9.3. Revenue
16.3.9.4. Strategy & Business Overview
16.3.9.5. Go-To-Market Strategy
16.3.10. ZIEHL-ABEGG SE
16.3.10.1. Company Overview
16.3.10.2. Sales Area/Geographical Presence
16.3.10.3. Revenue
16.3.10.4. Strategy & Business Overview
16.3.10.5. Go-To-Market Strategy
17. Go To Market Strategy
17.1. Identification of Potential Market Spaces
17.2. Preferred Sales & Marketing Strategy

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