Global Elevator Traction Machine Market To 2021 - key technological and market trends

This report provides detailed analysis of worldwide markets for Elevator Traction Machine from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the key technological and market trends in the Elevator Traction Machine market and further lays out an analysis of the factors influencing the supply/demand for Elevator Traction Machine, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.

Traction elevators are the most common type of elevators. Elevator cars are pulled up by means of rolling steel ropes over a deeply grooved pulley, commonly called a sheave in the industry. The weight of the car is balanced by a counterweight since 1900. Sometimes two elevators are built so that their cars always move synchronously in opposite directions, and are each other's counterweight. Nowadays, some traction elevators are using flat steel belts instead of conventional steel ropes. Flat steel belts are extremely light due to its carbon fiber core and a high-friction coating, and does not require any oil or lubricant. Because of these qualities, elevator energy consumption in high-rise buildings can be cut significantly.

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GCC's report, Global Elevator Traction Machine Market Outlook 2011-2021, has been prepared based on the synthesis, analysis, and interpretation of information about the global Elevator Traction Machine market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global Elevator Traction Machine market areWittur (Germany), Hollister Whitney (USA), Ningbo Shenling (China), Ningbo Xinda (China).

The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Elevator Traction Machine industry has been provided.

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