According to our (Global Info Research) latest study, the global Ropeless Elevator market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Ropeless elevators abandon the wire rope traction method of traditional elevators and adopt linear motor drive technology. Linear motors are devices that directly convert electrical energy into mechanical energy of linear motion. They can generate strong thrust along a specific track to drive the elevator car up and down. In the ropeless elevator system, electromagnetic devices are installed at the bottom and top of the car. When the linear motor is powered on, the magnetic field generated interacts with the electromagnetic device on the car to generate upward or downward thrust, allowing the car to run smoothly along the guide rail.
This report is a detailed and comprehensive analysis for global Ropeless Elevator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Ropeless Elevator market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ropeless Elevator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ropeless Elevator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Ropeless Elevator market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ropeless Elevator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ropeless Elevator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ThyssenKrupp Elevator, KONE Corporation, Otis Elevator Company, Schindler Group, Mitsubishi Electric Corporation, Fujitec Co., Ltd., Hitachi, Ltd., Hyundai Elevator Co., Ltd., Toshiba, Elisha Otis, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Ropeless Elevator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Linear Motor Drive
Electromagnetic Propulsion
Market segment by Application
Commercial
Residential
Industrial
Others
Major players covered
ThyssenKrupp Elevator
KONE Corporation
Otis Elevator Company
Schindler Group
Mitsubishi Electric Corporation
Fujitec Co., Ltd.
Hitachi, Ltd.
Hyundai Elevator Co., Ltd.
Toshiba
Elisha Otis
Doppelmayr Garaventa Group
Ziemek GmbH
Cibes Lift Group
Aritco Group
SJEC Corporation
Wittur Group
Fujihd Elevator Co., Ltd.
IGV Group
Kleemann Hellas SA
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ropeless Elevator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ropeless Elevator, with price, sales quantity, revenue, and global market share of Ropeless Elevator from 2020 to 2025.
Chapter 3, the Ropeless Elevator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ropeless Elevator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Ropeless Elevator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ropeless Elevator.
Chapter 14 and 15, to describe Ropeless Elevator sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Ropeless Elevator. Industry analysis & Market Report on Ropeless Elevator is a syndicated market report, published as Global Ropeless Elevator Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Ropeless Elevator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.