Global Elevator Traction Machine Market 2016 - Otis, Xizi Forvorda, Suzhou Torin, Suzhou Dengdao, Kone, Kinetek

Deerfield Beach, FL -- (SBWire) -- 02/07/2017 --Elevator traction machine market is the power unit of the elevator, and usually located at the elevator machine room. The elevator traction machine used to refer to the collection of components that raise or lower the elevator. These include the drive motor, brake, speed reduction unit, sheaves and encoders. Generally, there are two standard types of driving machines provided for elevators: gearless machine and geared machine.

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Elevator traction machine production, which measures output worldwide, was expected to reach xx thousand units in 2016 with an increase of xx% from its year-earlier level. The global elevator traction machine market size is estimated to grow from USD xx million in 2011 to USD xx million by 2016, at an estimated CAGR of xx% between 2011 and 2016. With regards to this, key players of elevator traction machine industry are expected to find potential opportunities in this market.

The global elevator traction machine market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies.

The major players in the global Elevator Traction Machine market are,
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
Yaskawa

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The global elevator traction machine industry is relatively fragmented, with the market share of top 10 elevator traction machine producers at xx%.