Global Gearless Traction Elevators market size is predicted to grow from US$ 7693 million in 2025 to US$ 9644 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031. Get Access Now!

Global Gearless Traction Elevators Market Growth and Analysis 2025-31

The global Gearless Traction Elevators market size is predicted to grow from US$ 7693 million in 2025 to US$ 9644 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031. The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report. A gearless elevator is one in which the power of the motor is transferred directly to the traction wheel without passing through the gearbox. According to data released by the National Bureau of Statistics, Chinas elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the worlds largest elevator producer and consumer. More than 70% of the worlds elevator manufacturing business were in Chinese mainland, and 60%-65% of the worlds elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance. Infinity Market Research newest research report, the Gearless Traction Elevators Industry Forecast looks at past sales and reviews total world Gearless Traction Elevators sales in 2024, providing a comprehensive analysis by region and market sector of projected Gearless Traction Elevators sales for 2025 through 2031. With Gearless Traction Elevators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Gearless Traction Elevators industry. This Insight Report provides a comprehensive analysis of the global Gearless Traction Elevators 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 Elevators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global Gearless Traction Elevators market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Gearless Traction Elevators 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 Elevators. This report presents a comprehensive overview, market shares, and growth opportunities of Gearless Traction Elevators market by product type, application, key manufacturers and key regions and countries. Segmentation by Type: &nbsp;&nbsp;&nbsp; Medium Speed &nbsp;&nbsp;&nbsp; High Speed Segmentation by Application: &nbsp;&nbsp;&nbsp; Commercial &nbsp;&nbsp;&nbsp; Household This report also splits the market by region: &nbsp;&nbsp;&nbsp; Americas &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mexico &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil &nbsp;&nbsp;&nbsp; APAC &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Japan &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Korea &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Asia &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; India &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia &nbsp;&nbsp;&nbsp; Europe &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; France &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; UK &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Italy &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Russia &nbsp;&nbsp;&nbsp; Middle East & Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Egypt &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Africa &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Israel &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Turkey &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration. &nbsp;&nbsp;&nbsp; Kone &nbsp;&nbsp;&nbsp; Otis &nbsp;&nbsp;&nbsp; Monadrive &nbsp;&nbsp;&nbsp; SANEI Elevator &nbsp;&nbsp;&nbsp; ThyssenKrupp &nbsp;&nbsp;&nbsp; Mitsubishi &nbsp;&nbsp;&nbsp; Hitachi &nbsp;&nbsp;&nbsp; Cibes &nbsp;&nbsp;&nbsp; Torin Drive &nbsp;&nbsp;&nbsp; HOSTING &nbsp;&nbsp;&nbsp; Schindler &nbsp;&nbsp;&nbsp; FUJITEC Key Questions Addressed in this Report What is the 10-year outlook for the global Gearless Traction Elevators market? What factors are driving Gearless Traction Elevators market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Gearless Traction Elevators market opportunities vary by end market size? How does Gearless Traction Elevators break out by Type, by Application?

1 Scope of the Report &nbsp;1.1 Market Introduction &nbsp;1.2 Years Considered &nbsp;1.3 Research Objectives &nbsp;1.4 Market Research Methodology &nbsp;1.5 Research Process and Data Source &nbsp;1.6 Economic Indicators &nbsp;1.7 Currency Considered &nbsp;1.8 Market Estimation Caveats 2 Executive Summary &nbsp;2.1 World Market Overview &nbsp;2.1.1 Global Gearless Traction Elevators Annual Sales 2020-2031 &nbsp;2.1.2 World Current & Future Analysis for Gearless Traction Elevators by Geographic Region, 2020, 2024 & 2031 &nbsp;2.1.3 World Current & Future Analysis for Gearless Traction Elevators by Country/Region, 2020, 2024 & 2031 &nbsp;2.2 Gearless Traction Elevators Segment by Type &nbsp;2.2.1 Medium Speed &nbsp;2.2.2 High Speed &nbsp;2.3 Gearless Traction Elevators Sales by Type &nbsp;2.3.1 Global Gearless Traction Elevators Sales Market Share by Type (2020-2025) &nbsp;2.3.2 Global Gearless Traction Elevators Revenue and Market Share by Type (2020-2025) &nbsp;2.3.3 Global Gearless Traction Elevators Sale Price by Type (2020-2025) &nbsp;2.4 Gearless Traction Elevators Segment by Application &nbsp;2.4.1 Commercial &nbsp;2.4.2 Household &nbsp;2.5 Gearless Traction Elevators Sales by Application &nbsp;2.5.1 Global Gearless Traction Elevators Sale Market Share by Application (2020-2025) &nbsp;2.5.2 Global Gearless Traction Elevators Revenue and Market Share by Application (2020-2025) &nbsp;2.5.3 Global Gearless Traction Elevators Sale Price by Application (2020-2025) 3 Global by Company &nbsp;3.1 Global Gearless Traction Elevators Breakdown Data by Company &nbsp;3.1.1 Global Gearless Traction Elevators Annual Sales by Company (2020-2025) &nbsp;3.1.2 Global Gearless Traction Elevators Sales Market Share by Company (2020-2025) &nbsp;3.2 Global Gearless Traction Elevators Annual Revenue by Company (2020-2025) &nbsp;3.2.1 Global Gearless Traction Elevators Revenue by Company (2020-2025) &nbsp;3.2.2 Global Gearless Traction Elevators Revenue Market Share by Company (2020-2025) &nbsp;3.3 Global Gearless Traction Elevators Sale Price by Company &nbsp;3.4 Key Manufacturers Gearless Traction Elevators Producing Area Distribution, Sales Area, Product Type &nbsp;3.4.1 Key Manufacturers Gearless Traction Elevators Product Location Distribution &nbsp;3.4.2 Players Gearless Traction Elevators Products Offered &nbsp;3.5 Market Concentration Rate Analysis &nbsp;3.5.1 Competition Landscape Analysis &nbsp;3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) &nbsp;3.6 New Products and Potential Entrants &nbsp;3.7 Market M&A Activity & Strategy 4 World Historic Review for Gearless Traction Elevators by Geographic Region &nbsp;4.1 World Historic Gearless Traction Elevators Market Size by Geographic Region (2020-2025) &nbsp;4.1.1 Global Gearless Traction Elevators Annual Sales by Geographic Region (2020-2025) &nbsp;4.1.2 Global Gearless Traction Elevators Annual Revenue by Geographic Region (2020-2025) &nbsp;4.2 World Historic Gearless Traction Elevators Market Size by Country/Region (2020-2025) &nbsp;4.2.1 Global Gearless Traction Elevators Annual Sales by Country/Region (2020-2025) &nbsp;4.2.2 Global Gearless Traction Elevators Annual Revenue by Country/Region (2020-2025) &nbsp;4.3 Americas Gearless Traction Elevators Sales Growth &nbsp;4.4 APAC Gearless Traction Elevators Sales Growth &nbsp;4.5 Europe Gearless Traction Elevators Sales Growth &nbsp;4.6 Middle East & Africa Gearless Traction Elevators Sales Growth 5 Americas &nbsp;5.1 Americas Gearless Traction Elevators Sales by Country &nbsp;5.1.1 Americas Gearless Traction Elevators Sales by Country (2020-2025) &nbsp;5.1.2 Americas Gearless Traction Elevators Revenue by Country (2020-2025) &nbsp;5.2 Americas Gearless Traction Elevators Sales by Type (2020-2025) &nbsp;5.3 Americas Gearless Traction Elevators Sales by Application (2020-2025) &nbsp;5.4 United States &nbsp;5.5 Canada &nbsp;5.6 Mexico &nbsp;5.7 Brazil 6 APAC &nbsp;6.1 APAC Gearless Traction Elevators Sales by Region &nbsp;6.1.1 APAC Gearless Traction Elevators Sales by Region (2020-2025) &nbsp;6.1.2 APAC Gearless Traction Elevators Revenue by Region (2020-2025) &nbsp;6.2 APAC Gearless Traction Elevators Sales by Type (2020-2025) &nbsp;6.3 APAC Gearless Traction Elevators Sales by Application (2020-2025) &nbsp;6.4 China &nbsp;6.5 Japan &nbsp;6.6 South Korea &nbsp;6.7 Southeast Asia &nbsp;6.8 India &nbsp;6.9 Australia &nbsp;6.10 China Taiwan 7 Europe &nbsp;7.1 Europe Gearless Traction Elevators by Country &nbsp;7.1.1 Europe Gearless Traction Elevators Sales by Country (2020-2025) &nbsp;7.1.2 Europe Gearless Traction Elevators Revenue by Country (2020-2025) &nbsp;7.2 Europe Gearless Traction Elevators Sales by Type (2020-2025) &nbsp;7.3 Europe Gearless Traction Elevators Sales by Application (2020-2025) &nbsp;7.4 Germany &nbsp;7.5 France &nbsp;7.6 UK &nbsp;7.7 Italy &nbsp;7.8 Russia 8 Middle East & Africa &nbsp;8.1 Middle East & Africa Gearless Traction Elevators by Country &nbsp;8.1.1 Middle East & Africa Gearless Traction Elevators Sales by Country (2020-2025) &nbsp;8.1.2 Middle East & Africa Gearless Traction Elevators Revenue by Country (2020-2025) &nbsp;8.2 Middle East & Africa Gearless Traction Elevators Sales by Type (2020-2025) &nbsp;8.3 Middle East & Africa Gearless Traction Elevators Sales by Application (2020-2025) &nbsp;8.4 Egypt &nbsp;8.5 South Africa &nbsp;8.6 Israel &nbsp;8.7 Turkey &nbsp;8.8 GCC Countries 9 Market Drivers, Challenges and Trends &nbsp;9.1 Market Drivers & Growth Opportunities &nbsp;9.2 Market Challenges & Risks &nbsp;9.3 Industry Trends 10 Manufacturing Cost Structure Analysis &nbsp;10.1 Raw Material and Suppliers &nbsp;10.2 Manufacturing Cost Structure Analysis of Gearless Traction Elevators &nbsp;10.3 Manufacturing Process Analysis of Gearless Traction Elevators &nbsp;10.4 Industry Chain Structure of Gearless Traction Elevators 11 Marketing, Distributors and Customer &nbsp;11.1 Sales Channel &nbsp;11.1.1 Direct Channels &nbsp;11.1.2 Indirect Channels &nbsp;11.2 Gearless Traction Elevators Distributors &nbsp;11.3 Gearless Traction Elevators Customer 12 World Forecast Review for Gearless Traction Elevators by Geographic Region &nbsp;12.1 Global Gearless Traction Elevators Market Size Forecast by Region &nbsp;12.1.1 Global Gearless Traction Elevators Forecast by Region (2026-2031) &nbsp;12.1.2 Global Gearless Traction Elevators Annual Revenue Forecast by Region (2026-2031) &nbsp;12.2 Americas Forecast by Country (2026-2031) &nbsp;12.3 APAC Forecast by Region (2026-2031) &nbsp;12.4 Europe Forecast by Country (2026-2031) &nbsp;12.5 Middle East & Africa Forecast by Country (2026-2031) &nbsp;12.6 Global Gearless Traction Elevators Forecast by Type (2026-2031) &nbsp;12.7 Global Gearless Traction Elevators Forecast by Application (2026-2031) 13 Key Players Analysis &nbsp;13.1 Kone &nbsp;13.1.1 Kone Company Information &nbsp;13.1.2 Kone Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.1.3 Kone Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.1.4 Kone Main Business Overview &nbsp;13.1.5 Kone Latest Developments &nbsp;13.2 Otis &nbsp;13.2.1 Otis Company Information &nbsp;13.2.2 Otis Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.2.3 Otis Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.2.4 Otis Main Business Overview &nbsp;13.2.5 Otis Latest Developments &nbsp;13.3 Monadrive &nbsp;13.3.1 Monadrive Company Information &nbsp;13.3.2 Monadrive Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.3.3 Monadrive Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.3.4 Monadrive Main Business Overview &nbsp;13.3.5 Monadrive Latest Developments &nbsp;13.4 SANEI Elevator &nbsp;13.4.1 SANEI Elevator Company Information &nbsp;13.4.2 SANEI Elevator Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.4.3 SANEI Elevator Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.4.4 SANEI Elevator Main Business Overview &nbsp;13.4.5 SANEI Elevator Latest Developments &nbsp;13.5 ThyssenKrupp &nbsp;13.5.1 ThyssenKrupp Company Information &nbsp;13.5.2 ThyssenKrupp Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.5.3 ThyssenKrupp Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.5.4 ThyssenKrupp Main Business Overview &nbsp;13.5.5 ThyssenKrupp Latest Developments &nbsp;13.6 Mitsubishi &nbsp;13.6.1 Mitsubishi Company Information &nbsp;13.6.2 Mitsubishi Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.6.3 Mitsubishi Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.6.4 Mitsubishi Main Business Overview &nbsp;13.6.5 Mitsubishi Latest Developments &nbsp;13.7 Hitachi &nbsp;13.7.1 Hitachi Company Information &nbsp;13.7.2 Hitachi Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.7.3 Hitachi Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.7.4 Hitachi Main Business Overview &nbsp;13.7.5 Hitachi Latest Developments &nbsp;13.8 Cibes &nbsp;13.8.1 Cibes Company Information &nbsp;13.8.2 Cibes Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.8.3 Cibes Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.8.4 Cibes Main Business Overview &nbsp;13.8.5 Cibes Latest Developments &nbsp;13.9 Torin Drive &nbsp;13.9.1 Torin Drive Company Information &nbsp;13.9.2 Torin Drive Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.9.3 Torin Drive Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.9.4 Torin Drive Main Business Overview &nbsp;13.9.5 Torin Drive Latest Developments &nbsp;13.10 HOSTING &nbsp;13.10.1 HOSTING Company Information &nbsp;13.10.2 HOSTING Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.10.3 HOSTING Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.10.4 HOSTING Main Business Overview &nbsp;13.10.5 HOSTING Latest Developments &nbsp;13.11 Schindler &nbsp;13.11.1 Schindler Company Information &nbsp;13.11.2 Schindler Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.11.3 Schindler Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.11.4 Schindler Main Business Overview &nbsp;13.11.5 Schindler Latest Developments &nbsp;13.12 FUJITEC &nbsp;13.12.1 FUJITEC Company Information &nbsp;13.12.2 FUJITEC Gearless Traction Elevators Product Portfolios and Specifications &nbsp;13.12.3 FUJITEC Gearless Traction Elevators Sales, Revenue, Price and Gross Margin (2020-2025) &nbsp;13.12.4 FUJITEC Main Business Overview &nbsp;13.12.5 FUJITEC Latest Developments 14 Research Findings and Conclusion

Report	Global Gearless Traction Elevators Market Growth 2025-2031
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