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Global Machine Room Less (MRL) Passenger Elevator Supply, Demand and Key Producers, 2024-2030

Global Machine Room Less (MRL) Passenger Elevator Supply, Demand and Key Producers, 2024-2030

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Published Date: 15 Feb 2024

Category: Machinery & Equipment

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Machine Room Less (MRL) Passenger Elevator market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).

According to data released by the National Bureau of Statistics, China's 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 world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's 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.

This report studies the global Machine Room Less (MRL) Passenger Elevator production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Machine Room Less (MRL) Passenger Elevator, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Machine Room Less (MRL) Passenger Elevator that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Machine Room Less (MRL) Passenger Elevator total production and demand, 2019-2030, (Unit)
Global Machine Room Less (MRL) Passenger Elevator total production value, 2019-2030, (USD Million)
Global Machine Room Less (MRL) Passenger Elevator production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator consumption by region & country, CAGR, 2019-2030 & (Unit)
U.S. VS China: Machine Room Less (MRL) Passenger Elevator domestic production, consumption, key domestic manufacturers and share
Global Machine Room Less (MRL) Passenger Elevator production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator production by Application production, value, CAGR, 2019-2030, (USD Million) & (Unit).

This reports profiles key players in the global Machine Room Less (MRL) Passenger Elevator market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis, Schindler Group, ThyssenKrupp, Kone, Mitsubishi Electric, Toshiba, Hitachi, Fujitec and Hyundai, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Machine Room Less (MRL) Passenger Elevator market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Unit) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Machine Room Less (MRL) Passenger Elevator Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Machine Room Less (MRL) Passenger Elevator Market, Segmentation by Type
    Traction Passenger Elevator
    Hydraulic Passenger Elevator

Global Machine Room Less (MRL) Passenger Elevator Market, Segmentation by Application
    Residential Area
    Commercial Office
    Transportation Hub
    Others

Companies Profiled:
    Otis
    Schindler Group
    ThyssenKrupp
    Kone
    Mitsubishi Electric
    Toshiba
    Hitachi
    Fujitec
    Hyundai
    Yungtay Engineering
    Canny Elevator
    Volkslift
    Syney Elevator
    SJEC
    Guangri Elevator
    Hangzhou XiOlift
    Edunburgh Elevator
    Suzhou Diao

Key Questions Answered
1. How big is the global Machine Room Less (MRL) Passenger Elevator market?
2. What is the demand of the global Machine Room Less (MRL) Passenger Elevator market?
3. What is the year over year growth of the global Machine Room Less (MRL) Passenger Elevator market?
4. What is the production and production value of the global Machine Room Less (MRL) Passenger Elevator market?
5. Who are the key producers in the global Machine Room Less (MRL) Passenger Elevator market?
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Table of Contents

1 Supply Summary
    1.1 Machine Room Less (MRL) Passenger Elevator Introduction
    1.2 World Machine Room Less (MRL) Passenger Elevator Supply & Forecast
        1.2.1 World Machine Room Less (MRL) Passenger Elevator Production Value (2019 & 2023 & 2030)
        1.2.2 World Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.2.3 World Machine Room Less (MRL) Passenger Elevator Pricing Trends (2019-2030)
    1.3 World Machine Room Less (MRL) Passenger Elevator Production by Region (Based on Production Site)
        1.3.1 World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019-2030)
        1.3.2 World Machine Room Less (MRL) Passenger Elevator Production by Region (2019-2030)
        1.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2019-2030)
        1.3.4 North America Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.5 Europe Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.6 China Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.7 Japan Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Machine Room Less (MRL) Passenger Elevator Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Machine Room Less (MRL) Passenger Elevator Major Market Trends

2 Demand Summary
    2.1 World Machine Room Less (MRL) Passenger Elevator Demand (2019-2030)
    2.2 World Machine Room Less (MRL) Passenger Elevator Consumption by Region
        2.2.1 World Machine Room Less (MRL) Passenger Elevator Consumption by Region (2019-2024)
        2.2.2 World Machine Room Less (MRL) Passenger Elevator Consumption Forecast by Region (2025-2030)
    2.3 United States Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.4 China Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.5 Europe Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.6 Japan Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.7 South Korea Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.8 ASEAN Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.9 India Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)

3 World Machine Room Less (MRL) Passenger Elevator Manufacturers Competitive Analysis
    3.1 World Machine Room Less (MRL) Passenger Elevator Production Value by Manufacturer (2019-2024)
    3.2 World Machine Room Less (MRL) Passenger Elevator Production by Manufacturer (2019-2024)
    3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Manufacturer (2019-2024)
    3.4 Machine Room Less (MRL) Passenger Elevator Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Machine Room Less (MRL) Passenger Elevator Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Machine Room Less (MRL) Passenger Elevator in 2023
        3.5.3 Global Concentration Ratios (CR8) for Machine Room Less (MRL) Passenger Elevator in 2023
    3.6 Machine Room Less (MRL) Passenger Elevator Market: Overall Company Footprint Analysis
        3.6.1 Machine Room Less (MRL) Passenger Elevator Market: Region Footprint
        3.6.2 Machine Room Less (MRL) Passenger Elevator Market: Company Product Type Footprint
        3.6.3 Machine Room Less (MRL) Passenger Elevator Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Comparison
        4.1.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Comparison
        4.2.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Comparison
        4.3.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)
    4.5 China Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share
        4.5.1 China Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.5.3 China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)
    4.6 Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)

5 Market Analysis by Type
    5.1 World Machine Room Less (MRL) Passenger Elevator Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Traction Passenger Elevator
        5.2.2 Hydraulic Passenger Elevator
    5.3 Market Segment by Type
        5.3.1 World Machine Room Less (MRL) Passenger Elevator Production by Type (2019-2030)
        5.3.2 World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2019-2030)
        5.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Machine Room Less (MRL) Passenger Elevator Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Residential Area
        6.2.2 Commercial Office
        6.2.3 Transportation Hub
        6.2.4 Others
    6.3 Market Segment by Application
        6.3.1 World Machine Room Less (MRL) Passenger Elevator Production by Application (2019-2030)
        6.3.2 World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2019-2030)
        6.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2030)

7 Company Profiles
    7.1 Otis
        7.1.1 Otis Details
        7.1.2 Otis Major Business
        7.1.3 Otis Machine Room Less (MRL) Passenger Elevator Product and Services
        7.1.4 Otis Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 Otis Recent Developments/Updates
        7.1.6 Otis Competitive Strengths & Weaknesses
    7.2 Schindler Group
        7.2.1 Schindler Group Details
        7.2.2 Schindler Group Major Business
        7.2.3 Schindler Group Machine Room Less (MRL) Passenger Elevator Product and Services
        7.2.4 Schindler Group Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 Schindler Group Recent Developments/Updates
        7.2.6 Schindler Group Competitive Strengths & Weaknesses
    7.3 ThyssenKrupp
        7.3.1 ThyssenKrupp Details
        7.3.2 ThyssenKrupp Major Business
        7.3.3 ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Product and Services
        7.3.4 ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 ThyssenKrupp Recent Developments/Updates
        7.3.6 ThyssenKrupp Competitive Strengths & Weaknesses
    7.4 Kone
        7.4.1 Kone Details
        7.4.2 Kone Major Business
        7.4.3 Kone Machine Room Less (MRL) Passenger Elevator Product and Services
        7.4.4 Kone Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 Kone Recent Developments/Updates
        7.4.6 Kone Competitive Strengths & Weaknesses
    7.5 Mitsubishi Electric
        7.5.1 Mitsubishi Electric Details
        7.5.2 Mitsubishi Electric Major Business
        7.5.3 Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Product and Services
        7.5.4 Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.5.5 Mitsubishi Electric Recent Developments/Updates
        7.5.6 Mitsubishi Electric Competitive Strengths & Weaknesses
    7.6 Toshiba
        7.6.1 Toshiba Details
        7.6.2 Toshiba Major Business
        7.6.3 Toshiba Machine Room Less (MRL) Passenger Elevator Product and Services
        7.6.4 Toshiba Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.6.5 Toshiba Recent Developments/Updates
        7.6.6 Toshiba Competitive Strengths & Weaknesses
    7.7 Hitachi
        7.7.1 Hitachi Details
        7.7.2 Hitachi Major Business
        7.7.3 Hitachi Machine Room Less (MRL) Passenger Elevator Product and Services
        7.7.4 Hitachi Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.7.5 Hitachi Recent Developments/Updates
        7.7.6 Hitachi Competitive Strengths & Weaknesses
    7.8 Fujitec
        7.8.1 Fujitec Details
        7.8.2 Fujitec Major Business
        7.8.3 Fujitec Machine Room Less (MRL) Passenger Elevator Product and Services
        7.8.4 Fujitec Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.8.5 Fujitec Recent Developments/Updates
        7.8.6 Fujitec Competitive Strengths & Weaknesses
    7.9 Hyundai
        7.9.1 Hyundai Details
        7.9.2 Hyundai Major Business
        7.9.3 Hyundai Machine Room Less (MRL) Passenger Elevator Product and Services
        7.9.4 Hyundai Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.9.5 Hyundai Recent Developments/Updates
        7.9.6 Hyundai Competitive Strengths & Weaknesses
    7.10 Yungtay Engineering
        7.10.1 Yungtay Engineering Details
        7.10.2 Yungtay Engineering Major Business
        7.10.3 Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Product and Services
        7.10.4 Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.10.5 Yungtay Engineering Recent Developments/Updates
        7.10.6 Yungtay Engineering Competitive Strengths & Weaknesses
    7.11 Canny Elevator
        7.11.1 Canny Elevator Details
        7.11.2 Canny Elevator Major Business
        7.11.3 Canny Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.11.4 Canny Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.11.5 Canny Elevator Recent Developments/Updates
        7.11.6 Canny Elevator Competitive Strengths & Weaknesses
    7.12 Volkslift
        7.12.1 Volkslift Details
        7.12.2 Volkslift Major Business
        7.12.3 Volkslift Machine Room Less (MRL) Passenger Elevator Product and Services
        7.12.4 Volkslift Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.12.5 Volkslift Recent Developments/Updates
        7.12.6 Volkslift Competitive Strengths & Weaknesses
    7.13 Syney Elevator
        7.13.1 Syney Elevator Details
        7.13.2 Syney Elevator Major Business
        7.13.3 Syney Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.13.4 Syney Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.13.5 Syney Elevator Recent Developments/Updates
        7.13.6 Syney Elevator Competitive Strengths & Weaknesses
    7.14 SJEC
        7.14.1 SJEC Details
        7.14.2 SJEC Major Business
        7.14.3 SJEC Machine Room Less (MRL) Passenger Elevator Product and Services
        7.14.4 SJEC Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.14.5 SJEC Recent Developments/Updates
        7.14.6 SJEC Competitive Strengths & Weaknesses
    7.15 Guangri Elevator
        7.15.1 Guangri Elevator Details
        7.15.2 Guangri Elevator Major Business
        7.15.3 Guangri Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.15.4 Guangri Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.15.5 Guangri Elevator Recent Developments/Updates
        7.15.6 Guangri Elevator Competitive Strengths & Weaknesses
    7.16 Hangzhou XiOlift
        7.16.1 Hangzhou XiOlift Details
        7.16.2 Hangzhou XiOlift Major Business
        7.16.3 Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Product and Services
        7.16.4 Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.16.5 Hangzhou XiOlift Recent Developments/Updates
        7.16.6 Hangzhou XiOlift Competitive Strengths & Weaknesses
    7.17 Edunburgh Elevator
        7.17.1 Edunburgh Elevator Details
        7.17.2 Edunburgh Elevator Major Business
        7.17.3 Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.17.4 Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.17.5 Edunburgh Elevator Recent Developments/Updates
        7.17.6 Edunburgh Elevator Competitive Strengths & Weaknesses
    7.18 Suzhou Diao
        7.18.1 Suzhou Diao Details
        7.18.2 Suzhou Diao Major Business
        7.18.3 Suzhou Diao Machine Room Less (MRL) Passenger Elevator Product and Services
        7.18.4 Suzhou Diao Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.18.5 Suzhou Diao Recent Developments/Updates
        7.18.6 Suzhou Diao Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Machine Room Less (MRL) Passenger Elevator Industry Chain
    8.2 Machine Room Less (MRL) Passenger Elevator Upstream Analysis
        8.2.1 Machine Room Less (MRL) Passenger Elevator Core Raw Materials
        8.2.2 Main Manufacturers of Machine Room Less (MRL) Passenger Elevator Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Machine Room Less (MRL) Passenger Elevator Production Mode
    8.6 Machine Room Less (MRL) Passenger Elevator Procurement Model
    8.7 Machine Room Less (MRL) Passenger Elevator Industry Sales Model and Sales Channels
        8.7.1 Machine Room Less (MRL) Passenger Elevator Sales Model
        8.7.2 Machine Room Less (MRL) Passenger Elevator Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer
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Table of Figures

List of Tables
    Table 1. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2019-2024)
    Table 5. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2025-2030)
    Table 6. World Machine Room Less (MRL) Passenger Elevator Production by Region (2019-2024) & (Unit)
    Table 7. World Machine Room Less (MRL) Passenger Elevator Production by Region (2025-2030) & (Unit)
    Table 8. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2019-2024)
    Table 9. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2025-2030)
    Table 10. World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2019-2024) & (US$/Unit)
    Table 11. World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2025-2030) & (US$/Unit)
    Table 12. Machine Room Less (MRL) Passenger Elevator Major Market Trends
    Table 13. World Machine Room Less (MRL) Passenger Elevator Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Unit)
    Table 14. World Machine Room Less (MRL) Passenger Elevator Consumption by Region (2019-2024) & (Unit)
    Table 15. World Machine Room Less (MRL) Passenger Elevator Consumption Forecast by Region (2025-2030) & (Unit)
    Table 16. World Machine Room Less (MRL) Passenger Elevator Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Machine Room Less (MRL) Passenger Elevator Producers in 2023
    Table 18. World Machine Room Less (MRL) Passenger Elevator Production by Manufacturer (2019-2024) & (Unit)
    Table 19. Production Market Share of Key Machine Room Less (MRL) Passenger Elevator Producers in 2023
    Table 20. World Machine Room Less (MRL) Passenger Elevator Average Price by Manufacturer (2019-2024) & (US$/Unit)
    Table 21. Global Machine Room Less (MRL) Passenger Elevator Company Evaluation Quadrant
    Table 22. World Machine Room Less (MRL) Passenger Elevator Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Machine Room Less (MRL) Passenger Elevator Production Site of Key Manufacturer
    Table 24. Machine Room Less (MRL) Passenger Elevator Market: Company Product Type Footprint
    Table 25. Machine Room Less (MRL) Passenger Elevator Market: Company Product Application Footprint
    Table 26. Machine Room Less (MRL) Passenger Elevator Competitive Factors
    Table 27. Machine Room Less (MRL) Passenger Elevator New Entrant and Capacity Expansion Plans
    Table 28. Machine Room Less (MRL) Passenger Elevator Mergers & Acquisitions Activity
    Table 29. United States VS China Machine Room Less (MRL) Passenger Elevator Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Machine Room Less (MRL) Passenger Elevator Production Comparison, (2019 & 2023 & 2030) & (Unit)
    Table 31. United States VS China Machine Room Less (MRL) Passenger Elevator Consumption Comparison, (2019 & 2023 & 2030) & (Unit)
    Table 32. United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 36. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 37. China Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 41. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 42. Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 46. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 47. World Machine Room Less (MRL) Passenger Elevator Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Machine Room Less (MRL) Passenger Elevator Production by Type (2019-2024) & (Unit)
    Table 49. World Machine Room Less (MRL) Passenger Elevator Production by Type (2025-2030) & (Unit)
    Table 50. World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2024) & (US$/Unit)
    Table 53. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2025-2030) & (US$/Unit)
    Table 54. World Machine Room Less (MRL) Passenger Elevator Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Machine Room Less (MRL) Passenger Elevator Production by Application (2019-2024) & (Unit)
    Table 56. World Machine Room Less (MRL) Passenger Elevator Production by Application (2025-2030) & (Unit)
    Table 57. World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2024) & (US$/Unit)
    Table 60. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2025-2030) & (US$/Unit)
    Table 61. Otis Basic Information, Manufacturing Base and Competitors
    Table 62. Otis Major Business
    Table 63. Otis Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 64. Otis Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Otis Recent Developments/Updates
    Table 66. Otis Competitive Strengths & Weaknesses
    Table 67. Schindler Group Basic Information, Manufacturing Base and Competitors
    Table 68. Schindler Group Major Business
    Table 69. Schindler Group Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 70. Schindler Group Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. Schindler Group Recent Developments/Updates
    Table 72. Schindler Group Competitive Strengths & Weaknesses
    Table 73. ThyssenKrupp Basic Information, Manufacturing Base and Competitors
    Table 74. ThyssenKrupp Major Business
    Table 75. ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 76. ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. ThyssenKrupp Recent Developments/Updates
    Table 78. ThyssenKrupp Competitive Strengths & Weaknesses
    Table 79. Kone Basic Information, Manufacturing Base and Competitors
    Table 80. Kone Major Business
    Table 81. Kone Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 82. Kone Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 83. Kone Recent Developments/Updates
    Table 84. Kone Competitive Strengths & Weaknesses
    Table 85. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 86. Mitsubishi Electric Major Business
    Table 87. Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 88. Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 89. Mitsubishi Electric Recent Developments/Updates
    Table 90. Mitsubishi Electric Competitive Strengths & Weaknesses
    Table 91. Toshiba Basic Information, Manufacturing Base and Competitors
    Table 92. Toshiba Major Business
    Table 93. Toshiba Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 94. Toshiba Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 95. Toshiba Recent Developments/Updates
    Table 96. Toshiba Competitive Strengths & Weaknesses
    Table 97. Hitachi Basic Information, Manufacturing Base and Competitors
    Table 98. Hitachi Major Business
    Table 99. Hitachi Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 100. Hitachi Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 101. Hitachi Recent Developments/Updates
    Table 102. Hitachi Competitive Strengths & Weaknesses
    Table 103. Fujitec Basic Information, Manufacturing Base and Competitors
    Table 104. Fujitec Major Business
    Table 105. Fujitec Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 106. Fujitec Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 107. Fujitec Recent Developments/Updates
    Table 108. Fujitec Competitive Strengths & Weaknesses
    Table 109. Hyundai Basic Information, Manufacturing Base and Competitors
    Table 110. Hyundai Major Business
    Table 111. Hyundai Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 112. Hyundai Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 113. Hyundai Recent Developments/Updates
    Table 114. Hyundai Competitive Strengths & Weaknesses
    Table 115. Yungtay Engineering Basic Information, Manufacturing Base and Competitors
    Table 116. Yungtay Engineering Major Business
    Table 117. Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 118. Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 119. Yungtay Engineering Recent Developments/Updates
    Table 120. Yungtay Engineering Competitive Strengths & Weaknesses
    Table 121. Canny Elevator Basic Information, Manufacturing Base and Competitors
    Table 122. Canny Elevator Major Business
    Table 123. Canny Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 124. Canny Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 125. Canny Elevator Recent Developments/Updates
    Table 126. Canny Elevator Competitive Strengths & Weaknesses
    Table 127. Volkslift Basic Information, Manufacturing Base and Competitors
    Table 128. Volkslift Major Business
    Table 129. Volkslift Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 130. Volkslift Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 131. Volkslift Recent Developments/Updates
    Table 132. Volkslift Competitive Strengths & Weaknesses
    Table 133. Syney Elevator Basic Information, Manufacturing Base and Competitors
    Table 134. Syney Elevator Major Business
    Table 135. Syney Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 136. Syney Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 137. Syney Elevator Recent Developments/Updates
    Table 138. Syney Elevator Competitive Strengths & Weaknesses
    Table 139. SJEC Basic Information, Manufacturing Base and Competitors
    Table 140. SJEC Major Business
    Table 141. SJEC Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 142. SJEC Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 143. SJEC Recent Developments/Updates
    Table 144. SJEC Competitive Strengths & Weaknesses
    Table 145. Guangri Elevator Basic Information, Manufacturing Base and Competitors
    Table 146. Guangri Elevator Major Business
    Table 147. Guangri Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 148. Guangri Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 149. Guangri Elevator Recent Developments/Updates
    Table 150. Guangri Elevator Competitive Strengths & Weaknesses
    Table 151. Hangzhou XiOlift Basic Information, Manufacturing Base and Competitors
    Table 152. Hangzhou XiOlift Major Business
    Table 153. Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 154. Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 155. Hangzhou XiOlift Recent Developments/Updates
    Table 156. Hangzhou XiOlift Competitive Strengths & Weaknesses
    Table 157. Edunburgh Elevator Basic Information, Manufacturing Base and Competitors
    Table 158. Edunburgh Elevator Major Business
    Table 159. Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 160. Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 161. Edunburgh Elevator Recent Developments/Updates
    Table 162. Suzhou Diao Basic Information, Manufacturing Base and Competitors
    Table 163. Suzhou Diao Major Business
    Table 164. Suzhou Diao Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 165. Suzhou Diao Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 166. Global Key Players of Machine Room Less (MRL) Passenger Elevator Upstream (Raw Materials)
    Table 167. Machine Room Less (MRL) Passenger Elevator Typical Customers
    Table 168. Machine Room Less (MRL) Passenger Elevator Typical Distributors
List of Figure
    Figure 1. Machine Room Less (MRL) Passenger Elevator Picture
    Figure 2. World Machine Room Less (MRL) Passenger Elevator Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Machine Room Less (MRL) Passenger Elevator Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 5. World Machine Room Less (MRL) Passenger Elevator Average Price (2019-2030) & (US$/Unit)
    Figure 6. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2019-2030)
    Figure 7. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2019-2030)
    Figure 8. North America Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 9. Europe Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 10. China Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 11. Japan Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 12. Machine Room Less (MRL) Passenger Elevator Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 15. World Machine Room Less (MRL) Passenger Elevator Consumption Market Share by Region (2019-2030)
    Figure 16. United States Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 17. China Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 18. Europe Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 19. Japan Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 20. South Korea Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 21. ASEAN Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 22. India Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 23. Producer Shipments of Machine Room Less (MRL) Passenger Elevator by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Machine Room Less (MRL) Passenger Elevator Markets in 2023
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Machine Room Less (MRL) Passenger Elevator Markets in 2023
    Figure 26. United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 27. United States VS China: Machine Room Less (MRL) Passenger Elevator Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 30. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 31. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 32. World Machine Room Less (MRL) Passenger Elevator Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 33. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Type in 2023
    Figure 34. Traction Passenger Elevator
    Figure 35. Hydraulic Passenger Elevator
    Figure 36. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Type (2019-2030)
    Figure 37. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Type (2019-2030)
    Figure 38. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2030) & (US$/Unit)
    Figure 39. World Machine Room Less (MRL) Passenger Elevator Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 40. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Application in 2023
    Figure 41. Residential Area
    Figure 42. Commercial Office
    Figure 43. Transportation Hub
    Figure 44. Others
    Figure 45. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Application (2019-2030)
    Figure 46. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Application (2019-2030)
    Figure 47. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2030) & (US$/Unit)
    Figure 48. Machine Room Less (MRL) Passenger Elevator Industry Chain
    Figure 49. Machine Room Less (MRL) Passenger Elevator Procurement Model
    Figure 50. Machine Room Less (MRL) Passenger Elevator Sales Model
    Figure 51. Machine Room Less (MRL) Passenger Elevator Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

yuan2

Determination of key drivers, restraints, challenge, and opportunity

yuan2

Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

yuan2

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

yuan2

Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
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Global Machine Room Less (MRL) Passenger Elevator Supply, Demand and Key Producers, 2024-2030

Global Machine Room Less (MRL) Passenger Elevator Supply, Demand and Key Producers, 2024-2030

Page: 146

Published Date: 15 Feb 2024

Category: Machinery & Equipment

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Description

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Description

The global Machine Room Less (MRL) Passenger Elevator market size is expected to reach $ million by 2030, rising at a market growth of % CAGR during the forecast period (2024-2030).

According to data released by the National Bureau of Statistics, China's 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 world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's 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.

This report studies the global Machine Room Less (MRL) Passenger Elevator production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Machine Room Less (MRL) Passenger Elevator, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Machine Room Less (MRL) Passenger Elevator that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Machine Room Less (MRL) Passenger Elevator total production and demand, 2019-2030, (Unit)
Global Machine Room Less (MRL) Passenger Elevator total production value, 2019-2030, (USD Million)
Global Machine Room Less (MRL) Passenger Elevator production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator consumption by region & country, CAGR, 2019-2030 & (Unit)
U.S. VS China: Machine Room Less (MRL) Passenger Elevator domestic production, consumption, key domestic manufacturers and share
Global Machine Room Less (MRL) Passenger Elevator production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator production by Type, production, value, CAGR, 2019-2030, (USD Million) & (Unit)
Global Machine Room Less (MRL) Passenger Elevator production by Application production, value, CAGR, 2019-2030, (USD Million) & (Unit).

This reports profiles key players in the global Machine Room Less (MRL) Passenger Elevator market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis, Schindler Group, ThyssenKrupp, Kone, Mitsubishi Electric, Toshiba, Hitachi, Fujitec and Hyundai, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Machine Room Less (MRL) Passenger Elevator market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Unit) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Machine Room Less (MRL) Passenger Elevator Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Machine Room Less (MRL) Passenger Elevator Market, Segmentation by Type
    Traction Passenger Elevator
    Hydraulic Passenger Elevator

Global Machine Room Less (MRL) Passenger Elevator Market, Segmentation by Application
    Residential Area
    Commercial Office
    Transportation Hub
    Others

Companies Profiled:
    Otis
    Schindler Group
    ThyssenKrupp
    Kone
    Mitsubishi Electric
    Toshiba
    Hitachi
    Fujitec
    Hyundai
    Yungtay Engineering
    Canny Elevator
    Volkslift
    Syney Elevator
    SJEC
    Guangri Elevator
    Hangzhou XiOlift
    Edunburgh Elevator
    Suzhou Diao

Key Questions Answered
1. How big is the global Machine Room Less (MRL) Passenger Elevator market?
2. What is the demand of the global Machine Room Less (MRL) Passenger Elevator market?
3. What is the year over year growth of the global Machine Room Less (MRL) Passenger Elevator market?
4. What is the production and production value of the global Machine Room Less (MRL) Passenger Elevator market?
5. Who are the key producers in the global Machine Room Less (MRL) Passenger Elevator market?
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Table of Contents

1 Supply Summary
    1.1 Machine Room Less (MRL) Passenger Elevator Introduction
    1.2 World Machine Room Less (MRL) Passenger Elevator Supply & Forecast
        1.2.1 World Machine Room Less (MRL) Passenger Elevator Production Value (2019 & 2023 & 2030)
        1.2.2 World Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.2.3 World Machine Room Less (MRL) Passenger Elevator Pricing Trends (2019-2030)
    1.3 World Machine Room Less (MRL) Passenger Elevator Production by Region (Based on Production Site)
        1.3.1 World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019-2030)
        1.3.2 World Machine Room Less (MRL) Passenger Elevator Production by Region (2019-2030)
        1.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2019-2030)
        1.3.4 North America Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.5 Europe Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.6 China Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
        1.3.7 Japan Machine Room Less (MRL) Passenger Elevator Production (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Machine Room Less (MRL) Passenger Elevator Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Machine Room Less (MRL) Passenger Elevator Major Market Trends

2 Demand Summary
    2.1 World Machine Room Less (MRL) Passenger Elevator Demand (2019-2030)
    2.2 World Machine Room Less (MRL) Passenger Elevator Consumption by Region
        2.2.1 World Machine Room Less (MRL) Passenger Elevator Consumption by Region (2019-2024)
        2.2.2 World Machine Room Less (MRL) Passenger Elevator Consumption Forecast by Region (2025-2030)
    2.3 United States Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.4 China Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.5 Europe Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.6 Japan Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.7 South Korea Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.8 ASEAN Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)
    2.9 India Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030)

3 World Machine Room Less (MRL) Passenger Elevator Manufacturers Competitive Analysis
    3.1 World Machine Room Less (MRL) Passenger Elevator Production Value by Manufacturer (2019-2024)
    3.2 World Machine Room Less (MRL) Passenger Elevator Production by Manufacturer (2019-2024)
    3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Manufacturer (2019-2024)
    3.4 Machine Room Less (MRL) Passenger Elevator Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Machine Room Less (MRL) Passenger Elevator Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Machine Room Less (MRL) Passenger Elevator in 2023
        3.5.3 Global Concentration Ratios (CR8) for Machine Room Less (MRL) Passenger Elevator in 2023
    3.6 Machine Room Less (MRL) Passenger Elevator Market: Overall Company Footprint Analysis
        3.6.1 Machine Room Less (MRL) Passenger Elevator Market: Region Footprint
        3.6.2 Machine Room Less (MRL) Passenger Elevator Market: Company Product Type Footprint
        3.6.3 Machine Room Less (MRL) Passenger Elevator Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Comparison
        4.1.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Comparison (2019 & 2023 & 2030)
        4.1.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Comparison
        4.2.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Production Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Comparison
        4.3.1 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Comparison (2019 & 2023 & 2030)
        4.3.2 United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Market Share Comparison (2019 & 2023 & 2030)
    4.4 United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share, 2019-2024
        4.4.1 United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.4.3 United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)
    4.5 China Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share
        4.5.1 China Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.5.3 China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)
    4.6 Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers and Market Share, 2019-2024
        4.6.1 Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value (2019-2024)
        4.6.3 Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024)

5 Market Analysis by Type
    5.1 World Machine Room Less (MRL) Passenger Elevator Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Traction Passenger Elevator
        5.2.2 Hydraulic Passenger Elevator
    5.3 Market Segment by Type
        5.3.1 World Machine Room Less (MRL) Passenger Elevator Production by Type (2019-2030)
        5.3.2 World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2019-2030)
        5.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Machine Room Less (MRL) Passenger Elevator Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 Residential Area
        6.2.2 Commercial Office
        6.2.3 Transportation Hub
        6.2.4 Others
    6.3 Market Segment by Application
        6.3.1 World Machine Room Less (MRL) Passenger Elevator Production by Application (2019-2030)
        6.3.2 World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2019-2030)
        6.3.3 World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2030)

7 Company Profiles
    7.1 Otis
        7.1.1 Otis Details
        7.1.2 Otis Major Business
        7.1.3 Otis Machine Room Less (MRL) Passenger Elevator Product and Services
        7.1.4 Otis Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.1.5 Otis Recent Developments/Updates
        7.1.6 Otis Competitive Strengths & Weaknesses
    7.2 Schindler Group
        7.2.1 Schindler Group Details
        7.2.2 Schindler Group Major Business
        7.2.3 Schindler Group Machine Room Less (MRL) Passenger Elevator Product and Services
        7.2.4 Schindler Group Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.2.5 Schindler Group Recent Developments/Updates
        7.2.6 Schindler Group Competitive Strengths & Weaknesses
    7.3 ThyssenKrupp
        7.3.1 ThyssenKrupp Details
        7.3.2 ThyssenKrupp Major Business
        7.3.3 ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Product and Services
        7.3.4 ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.3.5 ThyssenKrupp Recent Developments/Updates
        7.3.6 ThyssenKrupp Competitive Strengths & Weaknesses
    7.4 Kone
        7.4.1 Kone Details
        7.4.2 Kone Major Business
        7.4.3 Kone Machine Room Less (MRL) Passenger Elevator Product and Services
        7.4.4 Kone Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.4.5 Kone Recent Developments/Updates
        7.4.6 Kone Competitive Strengths & Weaknesses
    7.5 Mitsubishi Electric
        7.5.1 Mitsubishi Electric Details
        7.5.2 Mitsubishi Electric Major Business
        7.5.3 Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Product and Services
        7.5.4 Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.5.5 Mitsubishi Electric Recent Developments/Updates
        7.5.6 Mitsubishi Electric Competitive Strengths & Weaknesses
    7.6 Toshiba
        7.6.1 Toshiba Details
        7.6.2 Toshiba Major Business
        7.6.3 Toshiba Machine Room Less (MRL) Passenger Elevator Product and Services
        7.6.4 Toshiba Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.6.5 Toshiba Recent Developments/Updates
        7.6.6 Toshiba Competitive Strengths & Weaknesses
    7.7 Hitachi
        7.7.1 Hitachi Details
        7.7.2 Hitachi Major Business
        7.7.3 Hitachi Machine Room Less (MRL) Passenger Elevator Product and Services
        7.7.4 Hitachi Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.7.5 Hitachi Recent Developments/Updates
        7.7.6 Hitachi Competitive Strengths & Weaknesses
    7.8 Fujitec
        7.8.1 Fujitec Details
        7.8.2 Fujitec Major Business
        7.8.3 Fujitec Machine Room Less (MRL) Passenger Elevator Product and Services
        7.8.4 Fujitec Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.8.5 Fujitec Recent Developments/Updates
        7.8.6 Fujitec Competitive Strengths & Weaknesses
    7.9 Hyundai
        7.9.1 Hyundai Details
        7.9.2 Hyundai Major Business
        7.9.3 Hyundai Machine Room Less (MRL) Passenger Elevator Product and Services
        7.9.4 Hyundai Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.9.5 Hyundai Recent Developments/Updates
        7.9.6 Hyundai Competitive Strengths & Weaknesses
    7.10 Yungtay Engineering
        7.10.1 Yungtay Engineering Details
        7.10.2 Yungtay Engineering Major Business
        7.10.3 Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Product and Services
        7.10.4 Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.10.5 Yungtay Engineering Recent Developments/Updates
        7.10.6 Yungtay Engineering Competitive Strengths & Weaknesses
    7.11 Canny Elevator
        7.11.1 Canny Elevator Details
        7.11.2 Canny Elevator Major Business
        7.11.3 Canny Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.11.4 Canny Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.11.5 Canny Elevator Recent Developments/Updates
        7.11.6 Canny Elevator Competitive Strengths & Weaknesses
    7.12 Volkslift
        7.12.1 Volkslift Details
        7.12.2 Volkslift Major Business
        7.12.3 Volkslift Machine Room Less (MRL) Passenger Elevator Product and Services
        7.12.4 Volkslift Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.12.5 Volkslift Recent Developments/Updates
        7.12.6 Volkslift Competitive Strengths & Weaknesses
    7.13 Syney Elevator
        7.13.1 Syney Elevator Details
        7.13.2 Syney Elevator Major Business
        7.13.3 Syney Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.13.4 Syney Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.13.5 Syney Elevator Recent Developments/Updates
        7.13.6 Syney Elevator Competitive Strengths & Weaknesses
    7.14 SJEC
        7.14.1 SJEC Details
        7.14.2 SJEC Major Business
        7.14.3 SJEC Machine Room Less (MRL) Passenger Elevator Product and Services
        7.14.4 SJEC Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.14.5 SJEC Recent Developments/Updates
        7.14.6 SJEC Competitive Strengths & Weaknesses
    7.15 Guangri Elevator
        7.15.1 Guangri Elevator Details
        7.15.2 Guangri Elevator Major Business
        7.15.3 Guangri Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.15.4 Guangri Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.15.5 Guangri Elevator Recent Developments/Updates
        7.15.6 Guangri Elevator Competitive Strengths & Weaknesses
    7.16 Hangzhou XiOlift
        7.16.1 Hangzhou XiOlift Details
        7.16.2 Hangzhou XiOlift Major Business
        7.16.3 Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Product and Services
        7.16.4 Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.16.5 Hangzhou XiOlift Recent Developments/Updates
        7.16.6 Hangzhou XiOlift Competitive Strengths & Weaknesses
    7.17 Edunburgh Elevator
        7.17.1 Edunburgh Elevator Details
        7.17.2 Edunburgh Elevator Major Business
        7.17.3 Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
        7.17.4 Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.17.5 Edunburgh Elevator Recent Developments/Updates
        7.17.6 Edunburgh Elevator Competitive Strengths & Weaknesses
    7.18 Suzhou Diao
        7.18.1 Suzhou Diao Details
        7.18.2 Suzhou Diao Major Business
        7.18.3 Suzhou Diao Machine Room Less (MRL) Passenger Elevator Product and Services
        7.18.4 Suzhou Diao Machine Room Less (MRL) Passenger Elevator Production, Price, Value, Gross Margin and Market Share (2019-2024)
        7.18.5 Suzhou Diao Recent Developments/Updates
        7.18.6 Suzhou Diao Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Machine Room Less (MRL) Passenger Elevator Industry Chain
    8.2 Machine Room Less (MRL) Passenger Elevator Upstream Analysis
        8.2.1 Machine Room Less (MRL) Passenger Elevator Core Raw Materials
        8.2.2 Main Manufacturers of Machine Room Less (MRL) Passenger Elevator Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Machine Room Less (MRL) Passenger Elevator Production Mode
    8.6 Machine Room Less (MRL) Passenger Elevator Procurement Model
    8.7 Machine Room Less (MRL) Passenger Elevator Industry Sales Model and Sales Channels
        8.7.1 Machine Room Less (MRL) Passenger Elevator Sales Model
        8.7.2 Machine Room Less (MRL) Passenger Elevator Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer
btl

Table of Figures

List of Tables
    Table 1. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019, 2023 and 2030) & (USD Million)
    Table 2. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2019-2024) & (USD Million)
    Table 3. World Machine Room Less (MRL) Passenger Elevator Production Value by Region (2025-2030) & (USD Million)
    Table 4. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2019-2024)
    Table 5. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2025-2030)
    Table 6. World Machine Room Less (MRL) Passenger Elevator Production by Region (2019-2024) & (Unit)
    Table 7. World Machine Room Less (MRL) Passenger Elevator Production by Region (2025-2030) & (Unit)
    Table 8. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2019-2024)
    Table 9. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2025-2030)
    Table 10. World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2019-2024) & (US$/Unit)
    Table 11. World Machine Room Less (MRL) Passenger Elevator Average Price by Region (2025-2030) & (US$/Unit)
    Table 12. Machine Room Less (MRL) Passenger Elevator Major Market Trends
    Table 13. World Machine Room Less (MRL) Passenger Elevator Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (Unit)
    Table 14. World Machine Room Less (MRL) Passenger Elevator Consumption by Region (2019-2024) & (Unit)
    Table 15. World Machine Room Less (MRL) Passenger Elevator Consumption Forecast by Region (2025-2030) & (Unit)
    Table 16. World Machine Room Less (MRL) Passenger Elevator Production Value by Manufacturer (2019-2024) & (USD Million)
    Table 17. Production Value Market Share of Key Machine Room Less (MRL) Passenger Elevator Producers in 2023
    Table 18. World Machine Room Less (MRL) Passenger Elevator Production by Manufacturer (2019-2024) & (Unit)
    Table 19. Production Market Share of Key Machine Room Less (MRL) Passenger Elevator Producers in 2023
    Table 20. World Machine Room Less (MRL) Passenger Elevator Average Price by Manufacturer (2019-2024) & (US$/Unit)
    Table 21. Global Machine Room Less (MRL) Passenger Elevator Company Evaluation Quadrant
    Table 22. World Machine Room Less (MRL) Passenger Elevator Industry Rank of Major Manufacturers, Based on Production Value in 2023
    Table 23. Head Office and Machine Room Less (MRL) Passenger Elevator Production Site of Key Manufacturer
    Table 24. Machine Room Less (MRL) Passenger Elevator Market: Company Product Type Footprint
    Table 25. Machine Room Less (MRL) Passenger Elevator Market: Company Product Application Footprint
    Table 26. Machine Room Less (MRL) Passenger Elevator Competitive Factors
    Table 27. Machine Room Less (MRL) Passenger Elevator New Entrant and Capacity Expansion Plans
    Table 28. Machine Room Less (MRL) Passenger Elevator Mergers & Acquisitions Activity
    Table 29. United States VS China Machine Room Less (MRL) Passenger Elevator Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 30. United States VS China Machine Room Less (MRL) Passenger Elevator Production Comparison, (2019 & 2023 & 2030) & (Unit)
    Table 31. United States VS China Machine Room Less (MRL) Passenger Elevator Consumption Comparison, (2019 & 2023 & 2030) & (Unit)
    Table 32. United States Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 34. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 35. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 36. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 37. China Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 39. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 40. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 41. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 42. Rest of World Based Machine Room Less (MRL) Passenger Elevator Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value, (2019-2024) & (USD Million)
    Table 44. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Value Market Share (2019-2024)
    Table 45. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production (2019-2024) & (Unit)
    Table 46. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share (2019-2024)
    Table 47. World Machine Room Less (MRL) Passenger Elevator Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Table 48. World Machine Room Less (MRL) Passenger Elevator Production by Type (2019-2024) & (Unit)
    Table 49. World Machine Room Less (MRL) Passenger Elevator Production by Type (2025-2030) & (Unit)
    Table 50. World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2019-2024) & (USD Million)
    Table 51. World Machine Room Less (MRL) Passenger Elevator Production Value by Type (2025-2030) & (USD Million)
    Table 52. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2024) & (US$/Unit)
    Table 53. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2025-2030) & (US$/Unit)
    Table 54. World Machine Room Less (MRL) Passenger Elevator Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Table 55. World Machine Room Less (MRL) Passenger Elevator Production by Application (2019-2024) & (Unit)
    Table 56. World Machine Room Less (MRL) Passenger Elevator Production by Application (2025-2030) & (Unit)
    Table 57. World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2019-2024) & (USD Million)
    Table 58. World Machine Room Less (MRL) Passenger Elevator Production Value by Application (2025-2030) & (USD Million)
    Table 59. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2024) & (US$/Unit)
    Table 60. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2025-2030) & (US$/Unit)
    Table 61. Otis Basic Information, Manufacturing Base and Competitors
    Table 62. Otis Major Business
    Table 63. Otis Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 64. Otis Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 65. Otis Recent Developments/Updates
    Table 66. Otis Competitive Strengths & Weaknesses
    Table 67. Schindler Group Basic Information, Manufacturing Base and Competitors
    Table 68. Schindler Group Major Business
    Table 69. Schindler Group Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 70. Schindler Group Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 71. Schindler Group Recent Developments/Updates
    Table 72. Schindler Group Competitive Strengths & Weaknesses
    Table 73. ThyssenKrupp Basic Information, Manufacturing Base and Competitors
    Table 74. ThyssenKrupp Major Business
    Table 75. ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 76. ThyssenKrupp Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 77. ThyssenKrupp Recent Developments/Updates
    Table 78. ThyssenKrupp Competitive Strengths & Weaknesses
    Table 79. Kone Basic Information, Manufacturing Base and Competitors
    Table 80. Kone Major Business
    Table 81. Kone Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 82. Kone Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 83. Kone Recent Developments/Updates
    Table 84. Kone Competitive Strengths & Weaknesses
    Table 85. Mitsubishi Electric Basic Information, Manufacturing Base and Competitors
    Table 86. Mitsubishi Electric Major Business
    Table 87. Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 88. Mitsubishi Electric Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 89. Mitsubishi Electric Recent Developments/Updates
    Table 90. Mitsubishi Electric Competitive Strengths & Weaknesses
    Table 91. Toshiba Basic Information, Manufacturing Base and Competitors
    Table 92. Toshiba Major Business
    Table 93. Toshiba Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 94. Toshiba Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 95. Toshiba Recent Developments/Updates
    Table 96. Toshiba Competitive Strengths & Weaknesses
    Table 97. Hitachi Basic Information, Manufacturing Base and Competitors
    Table 98. Hitachi Major Business
    Table 99. Hitachi Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 100. Hitachi Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 101. Hitachi Recent Developments/Updates
    Table 102. Hitachi Competitive Strengths & Weaknesses
    Table 103. Fujitec Basic Information, Manufacturing Base and Competitors
    Table 104. Fujitec Major Business
    Table 105. Fujitec Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 106. Fujitec Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 107. Fujitec Recent Developments/Updates
    Table 108. Fujitec Competitive Strengths & Weaknesses
    Table 109. Hyundai Basic Information, Manufacturing Base and Competitors
    Table 110. Hyundai Major Business
    Table 111. Hyundai Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 112. Hyundai Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 113. Hyundai Recent Developments/Updates
    Table 114. Hyundai Competitive Strengths & Weaknesses
    Table 115. Yungtay Engineering Basic Information, Manufacturing Base and Competitors
    Table 116. Yungtay Engineering Major Business
    Table 117. Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 118. Yungtay Engineering Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 119. Yungtay Engineering Recent Developments/Updates
    Table 120. Yungtay Engineering Competitive Strengths & Weaknesses
    Table 121. Canny Elevator Basic Information, Manufacturing Base and Competitors
    Table 122. Canny Elevator Major Business
    Table 123. Canny Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 124. Canny Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 125. Canny Elevator Recent Developments/Updates
    Table 126. Canny Elevator Competitive Strengths & Weaknesses
    Table 127. Volkslift Basic Information, Manufacturing Base and Competitors
    Table 128. Volkslift Major Business
    Table 129. Volkslift Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 130. Volkslift Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 131. Volkslift Recent Developments/Updates
    Table 132. Volkslift Competitive Strengths & Weaknesses
    Table 133. Syney Elevator Basic Information, Manufacturing Base and Competitors
    Table 134. Syney Elevator Major Business
    Table 135. Syney Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 136. Syney Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 137. Syney Elevator Recent Developments/Updates
    Table 138. Syney Elevator Competitive Strengths & Weaknesses
    Table 139. SJEC Basic Information, Manufacturing Base and Competitors
    Table 140. SJEC Major Business
    Table 141. SJEC Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 142. SJEC Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 143. SJEC Recent Developments/Updates
    Table 144. SJEC Competitive Strengths & Weaknesses
    Table 145. Guangri Elevator Basic Information, Manufacturing Base and Competitors
    Table 146. Guangri Elevator Major Business
    Table 147. Guangri Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 148. Guangri Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 149. Guangri Elevator Recent Developments/Updates
    Table 150. Guangri Elevator Competitive Strengths & Weaknesses
    Table 151. Hangzhou XiOlift Basic Information, Manufacturing Base and Competitors
    Table 152. Hangzhou XiOlift Major Business
    Table 153. Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 154. Hangzhou XiOlift Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 155. Hangzhou XiOlift Recent Developments/Updates
    Table 156. Hangzhou XiOlift Competitive Strengths & Weaknesses
    Table 157. Edunburgh Elevator Basic Information, Manufacturing Base and Competitors
    Table 158. Edunburgh Elevator Major Business
    Table 159. Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 160. Edunburgh Elevator Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 161. Edunburgh Elevator Recent Developments/Updates
    Table 162. Suzhou Diao Basic Information, Manufacturing Base and Competitors
    Table 163. Suzhou Diao Major Business
    Table 164. Suzhou Diao Machine Room Less (MRL) Passenger Elevator Product and Services
    Table 165. Suzhou Diao Machine Room Less (MRL) Passenger Elevator Production (Unit), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
    Table 166. Global Key Players of Machine Room Less (MRL) Passenger Elevator Upstream (Raw Materials)
    Table 167. Machine Room Less (MRL) Passenger Elevator Typical Customers
    Table 168. Machine Room Less (MRL) Passenger Elevator Typical Distributors
List of Figure
    Figure 1. Machine Room Less (MRL) Passenger Elevator Picture
    Figure 2. World Machine Room Less (MRL) Passenger Elevator Production Value: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Machine Room Less (MRL) Passenger Elevator Production Value and Forecast (2019-2030) & (USD Million)
    Figure 4. World Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 5. World Machine Room Less (MRL) Passenger Elevator Average Price (2019-2030) & (US$/Unit)
    Figure 6. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Region (2019-2030)
    Figure 7. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Region (2019-2030)
    Figure 8. North America Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 9. Europe Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 10. China Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 11. Japan Machine Room Less (MRL) Passenger Elevator Production (2019-2030) & (Unit)
    Figure 12. Machine Room Less (MRL) Passenger Elevator Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 15. World Machine Room Less (MRL) Passenger Elevator Consumption Market Share by Region (2019-2030)
    Figure 16. United States Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 17. China Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 18. Europe Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 19. Japan Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 20. South Korea Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 21. ASEAN Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 22. India Machine Room Less (MRL) Passenger Elevator Consumption (2019-2030) & (Unit)
    Figure 23. Producer Shipments of Machine Room Less (MRL) Passenger Elevator by Manufacturer Revenue ($MM) and Market Share (%): 2023
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Machine Room Less (MRL) Passenger Elevator Markets in 2023
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Machine Room Less (MRL) Passenger Elevator Markets in 2023
    Figure 26. United States VS China: Machine Room Less (MRL) Passenger Elevator Production Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 27. United States VS China: Machine Room Less (MRL) Passenger Elevator Production Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Machine Room Less (MRL) Passenger Elevator Consumption Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. United States Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 30. China Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 31. Rest of World Based Manufacturers Machine Room Less (MRL) Passenger Elevator Production Market Share 2023
    Figure 32. World Machine Room Less (MRL) Passenger Elevator Production Value by Type, (USD Million), 2019 & 2023 & 2030
    Figure 33. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Type in 2023
    Figure 34. Traction Passenger Elevator
    Figure 35. Hydraulic Passenger Elevator
    Figure 36. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Type (2019-2030)
    Figure 37. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Type (2019-2030)
    Figure 38. World Machine Room Less (MRL) Passenger Elevator Average Price by Type (2019-2030) & (US$/Unit)
    Figure 39. World Machine Room Less (MRL) Passenger Elevator Production Value by Application, (USD Million), 2019 & 2023 & 2030
    Figure 40. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Application in 2023
    Figure 41. Residential Area
    Figure 42. Commercial Office
    Figure 43. Transportation Hub
    Figure 44. Others
    Figure 45. World Machine Room Less (MRL) Passenger Elevator Production Market Share by Application (2019-2030)
    Figure 46. World Machine Room Less (MRL) Passenger Elevator Production Value Market Share by Application (2019-2030)
    Figure 47. World Machine Room Less (MRL) Passenger Elevator Average Price by Application (2019-2030) & (US$/Unit)
    Figure 48. Machine Room Less (MRL) Passenger Elevator Industry Chain
    Figure 49. Machine Room Less (MRL) Passenger Elevator Procurement Model
    Figure 50. Machine Room Less (MRL) Passenger Elevator Sales Model
    Figure 51. Machine Room Less (MRL) Passenger Elevator Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
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