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Global Gearless Elevator Traction Motor Market Report 2025

Gearless Elevator Traction Motor Global Market Report 2025 - By Type (Permanent Magnet Motor, AC Motor, DC Motor), By Technology (Smart Motors, Conventional Motors, High Efficiency Motors, Regenerative Motors), By Capacity (Low, Medium, High), By Application (Commercial, Residential, Industrial), By End Users (New Installation, Modernization) - Market Size, Trends, And Global Forecast 2025-2034

Gearless Elevator Traction Motor Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : April 2025 | Delivery Time: 2-3 business days | Format : pdf

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Gearless Elevator Traction Motor Global Market Report 2025

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What Is Covered Under Gearless Elevator Traction Motor Market?

A gearless elevator traction motor is a high-efficiency electric motor that directly drives the elevator sheave without the need for a gearbox, reducing energy loss and maintenance requirements. Its purpose is to provide smooth, quiet, and reliable operation, making it ideal for high-rise and high-speed elevator systems.

The main types of gearless elevator traction motors are permanent magnet motors, AC motors, and DC motors. A permanent magnet motor is an electric motor that uses permanent magnets to generate the magnetic field instead of electromagnets, resulting in higher efficiency and a compact design. It is used in various technologies such as smart motors, conventional motors, high-efficiency motors, and regenerative motors. They have different capacities, including low, medium, and high. They are used for various applications, including commercial, residential, and industrial. The key end-users are new installations and modernization.

Gearless Elevator Traction Motor Market Size and growth rate 2025 to 2029: Graph

What Is The Gearless Elevator Traction Motor Market Size 2025 And Growth Rate?

The gearless elevator traction motor market size has grown strongly in recent years. It will grow from $5.00 billion in 2024 to $5.37 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to the development of economic standards, the rising construction of high-rise buildings, urbanization, the adoption of environmentally friendly technology, and the growing demand for energy-efficient buildings.

What Is The Gearless Elevator Traction Motor Market Growth Forecast?

The gearless elevator traction motor market size is expected to see strong growth in the next few years. It will grow to $7.07 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to growing demand for energy-efficient solutions, rising demand for high-rise buildings, the need for efficient vertical transportation systems, population rise, and energy-saving capabilities. Major trends in the forecast period include technological advancements, development of efficient elevator systems, infrastructure development, integration of the Internet of Things, and integration of advanced control systems.

How Is The Gearless Elevator Traction Motor Market Segmented?

The gearless elevator traction motor market covered in this report is segmented –

1) By Type: Permanent Magnet Motor, AC Motor, DC Motor

2) By Technology: Smart Motors, Conventional Motors, High Efficiency Motors, Regenerative Motors

3) By Capacity: Low, Medium, High

4) By Application: Commercial, Residential, Industrial

5) By End Users: New Installation, Modernization

Subsegments:

1) By Permanent Magnet Motor: Synchronous Permanent Magnet Motors, Axial Flux Permanent Magnet Motors, Radial Flux Permanent Magnet Motors, High-Torque Permanent Magnet Motors

2) By AC Motor: Single-Phase AC Motors, Three-Phase AC Motors, High-Efficiency AC Motors, Low-Noise AC Motors

3) By DC Motor: Brushed DC Motors, Brushless DC Motors, High-Speed DC Motors, Energy-Efficient DC Motors

What Is Driving The Gearless Elevator Traction Motor Market? Rising Construction Of High-rise Buildings Fueling The Growth Of The Market Due To Demand For Efficient Vertical Transportation

The rising construction of high-rise buildings is expected to propel the growth of the gearless elevator traction motor market going forward. A high-rise building is a tall structure, typically exceeding 35-40 meters (115-131 feet) or about 12-14 stories, designed for residential, commercial, or mixed-use purposes. High-rise buildings are increasing due to rapid urbanization, population growth, limited land availability, advancements in construction technology, and the demand for efficient land use in densely populated cities. Gearless elevator traction motors are used in high-rise buildings to provide efficient, smooth, and high-speed vertical transportation with reduced maintenance and energy consumption. For instance, in March 2024, according to New London Architecture (NLA), a UK-based organization that promotes the capital's built environment, the number of development applications or consents including at least one tall tower increased from 31 in 2021 to 58 in 2022. Therefore, the rising construction of high-rise buildings will drive the gearless elevator traction motor market.

Who Are The Major Players In The Global Gearless Elevator Traction Motor Market?

Major companies operating in the gearless elevator traction motor market are Hitachi Ltd., Siemens AG, Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, Otis Elevator Company, Schindler Holding AG, Kone Corporation, Hyundai Elevator Co. Ltd., Hiwin Technologies Corp., Kleemann Elevators S.A., Ningbo Xinda Elevator Traction Technology Co. Ltd., Fujitec Co. Ltd., Suzhou Torin Drive Equipment Co. Ltd., Cheng Day Machinery Works, Xizi Forvorda Co. Ltd., Fenoja Oy, Shanghai ZanFeng Technology Co. Ltd., Mont Drive Systems Co. Ltd.

What Are The Key Trends Of The Global Gearless Elevator Traction Motor Market? The Rise Of Permanent Magnet Synchronous (PMS) Motors In Elevators

Major companies operating in the gearless elevator traction motor market are focusing on technological advancements such as permanent magnet synchronous (PMS) motors to enhance energy efficiency, reduce maintenance costs, improve ride comfort, and optimize space utilization in modern elevator systems. A permanent magnet synchronous (PMS) motor is an electric motor that uses permanent magnets in the rotor to generate a constant magnetic field, offering high efficiency, precise control, and reduced energy consumption. For instance, in September 2022, TK Elevator, a Germany-based manufacturer of elevators and related machinery, launched the enta100 GL in India, targeting the low-rise, value-for-money market. As a gearless alternative to the enta100 GD, it offers lower maintenance costs, quieter operation, and longer service life. Powered by a Permanent Magnet Synchronous (PMS) motor, it ensures higher energy efficiency, lower power consumption, and smooth acceleration/deceleration. Designed for taller buildings (up to 45 m, 16 stops), it accommodates 8 passengers (544 kg) and is available in machine-room (MR) and machine-room-less (MRL) configurations, maximizing space efficiency for new constructions.

What Are Latest Mergers And Acquisitions In The Gearless Elevator Traction Motor Market? Standard Elevator Systems Expands Capabilities With Acquisition Of McIntosh Industries

In June 2022, Standard Elevator Systems (SES), a US-based manufacturer of elevator components, acquired McIntosh Industries Inc. for an undisclosed amount. The acquisition aligns with SES's strategy of continued growth and diversification, expanding its capabilities to meet the specialized needs of the elevator and escalator industry. McIntosh Industries Inc. is a US-based company that provides gearless elevator traction motors.

What Is The Regional Outlook For The Global Gearless Elevator Traction Motor Market?

Asia-Pacific was the largest region in the gearless elevator traction motor market in 2024. The regions covered in the gearless elevator traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the gearless elevator traction motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Gearless Elevator Traction Motor Market?

The gearless elevator traction motor market consists of sales of dual-drive gearless traction motors, custom gearless traction motors, and direct-drive gearless motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Gearless Elevator Traction Motor Industry?

The gearless elevator traction motors market research report is one of a series of new reports from The Business Research Company that provides gearless elevator traction motors market statistics, including the gearless elevator traction motors industry global market size, regional shares, competitors with the gearless elevator traction motors market share, detailed gearless elevator traction motors market segments, market trends, and opportunities, and any further data you may need to thrive in the gearless elevator traction motors industry. This gearless elevator traction motors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Gearless Elevator Traction Motor Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $5.37 billion
Revenue Forecast In 2034 $7.07 billion
Growth Rate CAGR of 7.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The gearless elevator traction motor market covered in this report is segmented –
1) By Type: Permanent Magnet Motor, AC Motor, DC Motor
2) By Technology: Smart Motors, Conventional Motors, High Efficiency Motors, Regenerative Motors
3) By Capacity: Low, Medium, High
4) By Application: Commercial, Residential, Industrial
5) By End Users: New Installation, Modernization Subsegments:
1) By Permanent Magnet Motor: Synchronous Permanent Magnet Motors, Axial Flux Permanent Magnet Motors, Radial Flux Permanent Magnet Motors, High-Torque Permanent Magnet Motors
2) By AC Motor: Single-Phase AC Motors, Three-Phase AC Motors, High-Efficiency AC Motors, Low-Noise AC Motors
3) By DC Motor: Brushed DC Motors, Brushless DC Motors, High-Speed DC Motors, Energy-Efficient DC Motors
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Hitachi Ltd., Siemens AG, Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, Otis Elevator Company, Schindler Holding AG, Kone Corporation, Hyundai Elevator Co. Ltd., Hiwin Technologies Corp., Kleemann Elevators S.A., Ningbo Xinda Elevator Traction Technology Co. Ltd., Fujitec Co. Ltd., Suzhou Torin Drive Equipment Co. Ltd., Cheng Day Machinery Works, Xizi Forvorda Co. Ltd., Fenoja Oy, Shanghai ZanFeng Technology Co. Ltd., Mont Drive Systems Co. Ltd.
Customization Scope Request for Sample
Pricing And Purchase Options Explore Purchase Options
Market Size Value In 2025 $5.37 billion
Revenue Forecast In 2034 $7.07 billion
Growth Rate CAGR of 7.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered The gearless elevator traction motor market covered in this report is segmented –
1) By Type: Permanent Magnet Motor, AC Motor, DC Motor
2) By Technology: Smart Motors, Conventional Motors, High Efficiency Motors, Regenerative Motors
3) By Capacity: Low, Medium, High
4) By Application: Commercial, Residential, Industrial
5) By End Users: New Installation, Modernization Subsegments:
1) By Permanent Magnet Motor: Synchronous Permanent Magnet Motors, Axial Flux Permanent Magnet Motors, Radial Flux Permanent Magnet Motors, High-Torque Permanent Magnet Motors
2) By AC Motor: Single-Phase AC Motors, Three-Phase AC Motors, High-Efficiency AC Motors, Low-Noise AC Motors
3) By DC Motor: Brushed DC Motors, Brushless DC Motors, High-Speed DC Motors, Energy-Efficient DC Motors
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Hitachi Ltd., Siemens AG, Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, Otis Elevator Company, Schindler Holding AG, Kone Corporation, Hyundai Elevator Co. Ltd., Hiwin Technologies Corp., Kleemann Elevators S.A., Ningbo Xinda Elevator Traction Technology Co. Ltd., Fujitec Co. Ltd., Suzhou Torin Drive Equipment Co. Ltd., Cheng Day Machinery Works, Xizi Forvorda Co. Ltd., Fenoja Oy, Shanghai ZanFeng Technology Co. Ltd., Mont Drive Systems Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Gearless Elevator Traction Motor Market Characteristics

    3. Gearless Elevator Traction Motor Market Trends And Strategies

    4. Gearless Elevator Traction Motor Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Gearless Elevator Traction Motor Growth Analysis And Strategic Analysis Framework

    5.1. Global Gearless Elevator Traction Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Gearless Elevator Traction Motor Market Growth Rate Analysis

    5.4. Global Gearless Elevator Traction Motor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Gearless Elevator Traction Motor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Gearless Elevator Traction Motor Total Addressable Market (TAM)

    6. Gearless Elevator Traction Motor Market Segmentation

    6.1. Global Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Permanent Magnet Motor

    AC Motor

    DC Motor

    6.2. Global Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Smart Motors

    Conventional Motors

    High Efficiency Motors

    Regenerative Motors

    6.3. Global Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Low

    Medium

    High

    6.4. Global Gearless Elevator Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Commercial

    Residential

    Industrial

    6.5. Global Gearless Elevator Traction Motor Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    New Installation

    Modernization

    6.6. Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of Permanent Magnet Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Synchronous Permanent Magnet Motors

    Axial Flux Permanent Magnet Motors

    Radial Flux Permanent Magnet Motors

    High-Torque Permanent Magnet Motors

    6.7. Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of AC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Single-Phase AC Motors

    Three-Phase AC Motors

    High-Efficiency AC Motors

    Low-Noise AC Motors

    6.8. Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of DC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Brushed DC Motors

    Brushless DC Motors

    High-Speed DC Motors

    Energy-Efficient DC Motors

    7. Gearless Elevator Traction Motor Market Regional And Country Analysis

    7.1. Global Gearless Elevator Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Gearless Elevator Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Gearless Elevator Traction Motor Market

    8.1. Asia-Pacific Gearless Elevator Traction Motor Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Gearless Elevator Traction Motor Market

    9.1. China Gearless Elevator Traction Motor Market Overview

    9.2. China Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Gearless Elevator Traction Motor Market

    10.1. India Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Gearless Elevator Traction Motor Market

    11.1. Japan Gearless Elevator Traction Motor Market Overview

    11.2. Japan Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Gearless Elevator Traction Motor Market

    12.1. Australia Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Gearless Elevator Traction Motor Market

    13.1. Indonesia Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Gearless Elevator Traction Motor Market

    14.1. South Korea Gearless Elevator Traction Motor Market Overview

    14.2. South Korea Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Gearless Elevator Traction Motor Market

    15.1. Western Europe Gearless Elevator Traction Motor Market Overview

    15.2. Western Europe Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Gearless Elevator Traction Motor Market

    16.1. UK Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Gearless Elevator Traction Motor Market

    17.1. Germany Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Gearless Elevator Traction Motor Market

    18.1. France Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Gearless Elevator Traction Motor Market

    19.1. Italy Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Gearless Elevator Traction Motor Market

    20.1. Spain Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Gearless Elevator Traction Motor Market

    21.1. Eastern Europe Gearless Elevator Traction Motor Market Overview

    21.2. Eastern Europe Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Gearless Elevator Traction Motor Market

    22.1. Russia Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Gearless Elevator Traction Motor Market

    23.1. North America Gearless Elevator Traction Motor Market Overview

    23.2. North America Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Gearless Elevator Traction Motor Market

    24.1. USA Gearless Elevator Traction Motor Market Overview

    24.2. USA Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Gearless Elevator Traction Motor Market

    25.1. Canada Gearless Elevator Traction Motor Market Overview

    25.2. Canada Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Gearless Elevator Traction Motor Market

    26.1. South America Gearless Elevator Traction Motor Market Overview

    26.2. South America Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Gearless Elevator Traction Motor Market

    27.1. Brazil Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Gearless Elevator Traction Motor Market

    28.1. Middle East Gearless Elevator Traction Motor Market Overview

    28.2. Middle East Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Gearless Elevator Traction Motor Market

    29.1. Africa Gearless Elevator Traction Motor Market Overview

    29.2. Africa Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Gearless Elevator Traction Motor Market Competitive Landscape And Company Profiles

    30.1. Gearless Elevator Traction Motor Market Competitive Landscape

    30.2. Gearless Elevator Traction Motor Market Company Profiles

    30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. Toshiba Corporation Overview, Products and Services, Strategy and Financial Analysis

    31. Gearless Elevator Traction Motor Market Other Major And Innovative Companies

    31.1. Nidec Corporation

    31.2. Otis Elevator Company

    31.3. Schindler Holding AG

    31.4. Kone Corporation

    31.5. Hyundai Elevator Co. Ltd.

    31.6. Hiwin Technologies Corp.

    31.7. Kleemann Elevators S.A.

    31.8. Ningbo Xinda Elevator Traction Technology Co. Ltd.

    31.9. Fujitec Co. Ltd.

    31.10. Suzhou Torin Drive Equipment Co. Ltd.

    31.11. Cheng Day Machinery Works

    31.12. Xizi Forvorda Co. Ltd.

    31.13. Fenoja Oy

    31.14. Shanghai ZanFeng Technology Co. Ltd.

    31.15. Mont Drive Systems Co. Ltd.

    32. Global Gearless Elevator Traction Motor Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Gearless Elevator Traction Motor Market

    34. Recent Developments In The Gearless Elevator Traction Motor Market

    35. Gearless Elevator Traction Motor Market High Potential Countries, Segments and Strategies

    35.1 Gearless Elevator Traction Motor Market In 2029 - Countries Offering Most New Opportunities

    35.2 Gearless Elevator Traction Motor Market In 2029 - Segments Offering Most New Opportunities

    35.3 Gearless Elevator Traction Motor Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Gearless Elevator Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Gearless Elevator Traction Motor Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of Permanent Magnet Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of AC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of DC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Gearless Elevator Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Gearless Elevator Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Hitachi Ltd. Financial Performance
  • Table 80: Siemens AG Financial Performance
  • Table 81: Thyssenkrupp AG Financial Performance
  • Table 82: Mitsubishi Electric Corporation Financial Performance
  • Table 83: Toshiba Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Gearless Elevator Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Gearless Elevator Traction Motor Market, Segmentation By End Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of Permanent Magnet Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of AC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Gearless Elevator Traction Motor Market, Sub-Segmentation Of DC Motor, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Gearless Elevator Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Gearless Elevator Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Gearless Elevator Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Gearless Elevator Traction Motor Market, Segmentation By Technology, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Gearless Elevator Traction Motor Market, Segmentation By Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Hitachi Ltd. Financial Performance
  • Figure 80: Siemens AG Financial Performance
  • Figure 81: Thyssenkrupp AG Financial Performance
  • Figure 82: Mitsubishi Electric Corporation Financial Performance
  • Figure 83: Toshiba Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the Gearless Elevator Traction Motor market?

A gearless elevator traction motor is a high-efficiency electric motor that directly drives the elevator sheave without the need for a gearbox, reducing energy loss and maintenance requirements. Its purpose is to provide smooth, quiet, and reliable operation, making it ideal for high-rise and high-speed elevator systems. For further insights on the Gearless Elevator Traction Motor market, request a sample here

How will the Gearless Elevator Traction Motor market drivers and restraints affect the market dynamics? What forces will shape the Gearless Elevator Traction Motor industry going forward?

The Gearless Elevator Traction Motor market major growth driver - Rising Construction Of High-rise Buildings Fueling The Growth Of The Market Due To Demand For Efficient Vertical Transportation. For further insights on the Gearless Elevator Traction Motor market, request a sample here

What is the forecast market size or the forecast market value of the Gearless Elevator Traction Motor market?

The Gearless Elevator Traction Motor market size has grown strongly in recent years. The gearless elevator traction motor market size has grown strongly in recent years. It will grow from $5.00 billion in 2024 to $5.37 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to the development of economic standards, the rising construction of high-rise buildings, urbanization, the adoption of environmentally friendly technology, and the growing demand for energy-efficient buildings. The gearless elevator traction motor market size is expected to see strong growth in the next few years. It will grow to $7.07 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to growing demand for energy-efficient solutions, rising demand for high-rise buildings, the need for efficient vertical transportation systems, population rise, and energy-saving capabilities. Major trends in the forecast period include technological advancements, development of efficient elevator systems, infrastructure development, integration of the Internet of Things, and integration of advanced control systems. For further insights on the Gearless Elevator Traction Motor market, request a sample here

How is the Gearless Elevator Traction Motor market segmented?

The Gearless Elevator Traction Motor market covered in this report is segmented –
1) By Type: Permanent Magnet Motor; AC Motor; DC Motor
2) By Technology: Smart Motors; Conventional Motors; High Efficiency Motors; Regenerative Motors
3) By Capacity: Low; Medium; High
4) By Application: Commercial; Residential; Industrial
5) By End Users: New Installation; Modernization

Subsegments:
1) By Permanent Magnet Motor: Synchronous Permanent Magnet Motors; Axial Flux Permanent Magnet Motors; Radial Flux Permanent Magnet Motors; High-Torque Permanent Magnet Motors
2) By AC Motor: Single-Phase AC Motors; Three-Phase AC Motors; High-Efficiency AC Motors; Low-Noise AC Motors
3) By DC Motor: Brushed DC Motors; Brushless DC Motors; High-Speed DC Motors; Energy-Efficient DC Motors For further insights on the Gearless Elevator Traction Motor market,
request a sample here

Which region has the largest share of the Gearless Elevator Traction Motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the gearless elevator traction motor market in 2024. The regions covered in the gearless elevator traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Gearless Elevator Traction Motor market, request a sample here.

Who are the major players in the Gearless Elevator Traction Motor market?

Major companies operating in the gearless elevator traction motor market are Hitachi Ltd., Siemens AG, Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, Otis Elevator Company, Schindler Holding AG, Kone Corporation, Hyundai Elevator Co. Ltd., Hiwin Technologies Corp., Kleemann Elevators S.A., Ningbo Xinda Elevator Traction Technology Co. Ltd., Fujitec Co. Ltd., Suzhou Torin Drive Equipment Co. Ltd., Cheng Day Machinery Works, Xizi Forvorda Co. Ltd., Fenoja Oy, Shanghai ZanFeng Technology Co. Ltd., Mont Drive Systems Co. Ltd. . For further insights on the Gearless Elevator Traction Motor market, request a sample here.

What are the key trends in the Gearless Elevator Traction Motor market?

Major trends in the Gearless Elevator Traction Motor market include The Rise Of Permanent Magnet Synchronous (PMS) Motors In Elevators. For further insights on the Gearless Elevator Traction Motor market, request a sample here.

What are the major opportunities in the Gearless Elevator Traction Motor market? What are the strategies for the Gearless Elevator Traction Motor market?

For detailed insights on the major opportunities and strategies in the Gearless Elevator Traction Motor market, request a sample here.

How does the Gearless Elevator Traction Motor market relate to the overall economy and other similar markets?

For detailed insights on Gearless Elevator Traction Motor's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Gearless Elevator Traction Motor industry?

For detailed insights on the mergers and acquisitions in the Gearless Elevator Traction Motor industry, request a sample here.

What are the key dynamics influencing the Gearless Elevator Traction Motor market growth? SWOT analysis of the Gearless Elevator Traction Motor market.

For detailed insights on the key dynamics influencing the Gearless Elevator Traction Motor market growth and SWOT analysis of the Gearless Elevator Traction Motor industry, request a sample here.