The global Elevator Components market was valued at US$ 3627 million in 2025 and is anticipated to reach US$ 5121 million by 2032, at a CAGR of 5.1% from 2026 to 2032.

Elevator Components Market

Elevator components refer to the full set of mechanical, electrical, electronic, and structural parts that enable the safe and efficient vertical transportation of passengers or goods, including traction machines, motors, control systems, rails, doors, safety gears, brakes, ropes/belts, cabins, counterweights, VVVF drives, sensors, communication panels, and various auxiliary modules; these components work together in a coordinated system to deliver controlled motion, load handling, safety compliance, ride comfort, and long-term operational reliability in residential, commercial, industrial, and public buildings.

The elevator components industry chain begins upstream with suppliers of steel, aluminum, copper, permanent magnets, electrical parts, power modules, bearings, ropes, electronic sensors, and safety devices; midstream manufacturers design and assemble complete sets of motors, traction machines, control cabinets, cabins, guide rails, door systems, safety systems, and IoT monitoring devices, performing machining, molding, forging, winding, electronics assembly, and system integration; downstream, global elevator OEMs, regional manufacturers, developers, contractors, and maintenance companies deploy these components into new installations or modernization projects across residential, commercial, industrial, and public buildings, supported by long-cycle aftermarket maintenance demand.

Elevator components are actively deployed in high-rise commercial towers in China, India, and the Middle East, large mixed-use urban developments in Southeast Asia and Turkey, airport and metro expansions in the US, EU, and ASEAN, social housing programs across South America, and modernization upgrades in aging buildings in Japan, South Korea, and Europe that require replacing motors, controllers, rails, and door systems; planned megaprojects such as smart-city zones, transit hubs, industrial parks, and tourism complexes continue to specify advanced elevator components with IoT monitoring, energy efficiency, and high-speed performance capabilities for global installations through 2030.

2024 Global Market Average Gross Profit Margin: 25%.

The North American market for Elevator Components is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The Asia-Pacific market for Elevator Components is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The global market for Elevator Components in Passenger Elevator is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 to 2032.

Major global companies of Elevator Components include Inovance, NIDEC, Henning GmbH, NAGAOKA MACHINERY CO, Oleo, Wittur Group, Ningbo Aodepu Elevator Components Co, Hangzhou HUNING Elevator Parts Co, Hebei Dongfang Fuda Machinery Co, Shanghai Liftech Elevator Accessories Co, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.

This report delivers a comprehensive overview of the global Elevator Components market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Elevator Components. The Elevator Components market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Elevator Components market comprehensively. Regional market sizes by Type, by Application, by Brake Type, and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Elevator Components manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Elevator Components Market Report

Report Metric	Details
Report Name	Elevator Components Market
Accounted market size in 2025	US$ 3627 million
Forecasted market size in 2032	US$ 5121 million
CAGR	5.1%
Base Year	2025
Forecasted years	2026 - 2032
Segment by Type	Elevator Control Components Elevator Drive Components Elevator Safety Components Elevator Door Components Elevator Shaft Components Others
Segment by Brake Type	Traction Elevator Components Hydraulic Elevator Components
Segment by Technology Level	Conventional Elevator Components Machine-Room-Less (MRL) Compact Components Smart/IOT-Enabled Components Others
Segment by Application	Passenger Elevator Freight Elevator Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Inovance, NIDEC, Henning GmbH, NAGAOKA MACHINERY CO, Oleo, Wittur Group, Ningbo Aodepu Elevator Components Co, Hangzhou HUNING Elevator Parts Co, Hebei Dongfang Fuda Machinery Co, Shanghai Liftech Elevator Accessories Co, Xinda Elevator (Ningbo Xinda), EECO, BORE-MAX, Aksöz Makina, Tianjin Lifu Elevator Parts Co., Ltd, Zhejing Austrian newsletter elevator parts co.,LT, Ningbo Ouling Elevator Components Co
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, by Brake Type, etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Elevator Components companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.

FAQ for this report

How fast is Elevator Components Market growing?

Ans: The Elevator Components Market witnessing a CAGR of 5.1% during the forecast period 2026-2032.

What is the Elevator Components Market size in 2032?

Ans: The Elevator Components Market size in 2032 will be US$ 5121 million.

Who are the main players in the Elevator Components Market report?

Ans: The main players in the Elevator Components Market are Inovance, NIDEC, Henning GmbH, NAGAOKA MACHINERY CO, Oleo, Wittur Group, Ningbo Aodepu Elevator Components Co, Hangzhou HUNING Elevator Parts Co, Hebei Dongfang Fuda Machinery Co, Shanghai Liftech Elevator Accessories Co, Xinda Elevator (Ningbo Xinda), EECO, BORE-MAX, Aksöz Makina, Tianjin Lifu Elevator Parts Co., Ltd, Zhejing Austrian newsletter elevator parts co.,LT, Ningbo Ouling Elevator Components Co

What are the Application segmentation covered in the Elevator Components Market report?

Ans: The Applications covered in the Elevator Components Market report are Passenger Elevator, Freight Elevator, Others

What are the Type segmentation covered in the Elevator Components Market report?

Ans: The Types covered in the Elevator Components Market report are Traction Elevator Components, Hydraulic Elevator Components

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Elevator Components Market Size Growth Rate by Type: 2021 vs 2025 vs 2032

1.2.2 Elevator Control Components

1.2.3 Elevator Drive Components

1.2.4 Elevator Safety Components

1.2.5 Elevator Door Components

1.2.6 Elevator Shaft Components

1.2.7 Others

1.3 Market by Brake Type

1.3.1 Global Elevator Components Market Size Growth Rate by Brake Type: 2021 vs 2025 vs 2032

1.3.2 Traction Elevator Components

1.3.3 Hydraulic Elevator Components

1.4 Market by Technology Level

1.4.1 Global Elevator Components Market Size Growth Rate by Technology Level: 2021 vs 2025 vs 2032

1.4.2 Conventional Elevator Components

1.4.3 Machine-Room-Less (MRL) Compact Components

1.4.4 Smart/IOT-Enabled Components

1.4.5 Others

1.5 Market by Application

1.5.1 Global Elevator Components Market Growth by Application: 2021 vs 2025 vs 2032

1.5.2 Passenger Elevator

1.5.3 Freight Elevator

1.5.4 Others

1.6 Assumptions and Limitations

1.7 Study Objectives

1.8 Years Considered

2 Global Growth Trends

2.1 Global Elevator Components Market Perspective (2021–2032)

2.2 Global Elevator Components Growth Trends by Region

2.2.1 Global Elevator Components Market Size by Region: 2021 vs 2025 vs 2032

2.2.2 Elevator Components Historic Market Size by Region (2021–2026)

2.2.3 Elevator Components Forecasted Market Size by Region (2027–2032)

2.3 Elevator Components Market Dynamics

2.3.1 Elevator Components Industry Trends

2.3.2 Elevator Components Market Drivers

2.3.3 Elevator Components Market Challenges

2.3.4 Elevator Components Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Elevator Components Players by Revenue

3.1.1 Global Top Elevator Components Players by Revenue (2021–2026)

3.1.2 Global Elevator Components Revenue Market Share by Players (2021–2026)

3.2 Global Top Elevator Components Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

3.3 Global Key Players Ranking by Elevator Components Revenue

3.4 Global Elevator Components Market Concentration Ratio

3.4.1 Global Elevator Components Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Elevator Components Revenue in 2025

3.5 Global Key Players of Elevator Components Head Offices and Areas Served

3.6 Global Key Players of Elevator Components, Products and Applications

3.7 Global Key Players of Elevator Components, Date of General Availability (GA)

3.8 Mergers and Acquisitions, Expansion Plans

4 Elevator Components Breakdown Data by Type

4.1 Global Elevator Components Historic Market Size by Type (2021–2026)

4.2 Global Elevator Components Forecasted Market Size by Type (2027–2032)

5 Elevator Components Breakdown Data by Application

5.1 Global Elevator Components Historic Market Size by Application (2021–2026)

5.2 Global Elevator Components Forecasted Market Size by Application (2027–2032)

6 North America

6.1 North America Elevator Components Market Size (2021–2032)

6.2 North America Elevator Components Market Growth Rate by Country: 2021 vs 2025 vs 2032

6.3 North America Elevator Components Market Size by Country (2021–2026)

6.4 North America Elevator Components Market Size by Country (2027–2032)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Elevator Components Market Size (2021–2032)

7.2 Europe Elevator Components Market Growth Rate by Country: 2021 vs 2025 vs 2032

7.3 Europe Elevator Components Market Size by Country (2021–2026)

7.4 Europe Elevator Components Market Size by Country (2027–2032)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Elevator Components Market Size (2021–2032)

8.2 Asia-Pacific Elevator Components Market Growth Rate by Region: 2021 vs 2025 vs 2032

8.3 Asia-Pacific Elevator Components Market Size by Region (2021–2026)

8.4 Asia-Pacific Elevator Components Market Size by Region (2027–2032)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Elevator Components Market Size (2021–2032)

9.2 Latin America Elevator Components Market Growth Rate by Country: 2021 vs 2025 vs 2032

9.3 Latin America Elevator Components Market Size by Country (2021–2026)

9.4 Latin America Elevator Components Market Size by Country (2027–2032)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Elevator Components Market Size (2021–2032)

10.2 Middle East & Africa Elevator Components Market Growth Rate by Country: 2021 vs 2025 vs 2032

10.3 Middle East & Africa Elevator Components Market Size by Country (2021–2026)

10.4 Middle East & Africa Elevator Components Market Size by Country (2027–2032)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Inovance

11.1.1 Inovance Company Details

11.1.2 Inovance Business Overview

11.1.3 Inovance Elevator Components Introduction

11.1.4 Inovance Revenue in Elevator Components Business (2021–2026)

11.1.5 Inovance Recent Development

11.2 NIDEC

11.2.1 NIDEC Company Details

11.2.2 NIDEC Business Overview

11.2.3 NIDEC Elevator Components Introduction

11.2.4 NIDEC Revenue in Elevator Components Business (2021–2026)

11.2.5 NIDEC Recent Development

11.3 Henning GmbH

11.3.1 Henning GmbH Company Details

11.3.2 Henning GmbH Business Overview

11.3.3 Henning GmbH Elevator Components Introduction

11.3.4 Henning GmbH Revenue in Elevator Components Business (2021–2026)

11.3.5 Henning GmbH Recent Development

11.4 NAGAOKA MACHINERY CO

11.4.1 NAGAOKA MACHINERY CO Company Details

11.4.2 NAGAOKA MACHINERY CO Business Overview

11.4.3 NAGAOKA MACHINERY CO Elevator Components Introduction

11.4.4 NAGAOKA MACHINERY CO Revenue in Elevator Components Business (2021–2026)

11.4.5 NAGAOKA MACHINERY CO Recent Development

11.5 Oleo

11.5.1 Oleo Company Details

11.5.2 Oleo Business Overview

11.5.3 Oleo Elevator Components Introduction

11.5.4 Oleo Revenue in Elevator Components Business (2021–2026)

11.5.5 Oleo Recent Development

11.6 Wittur Group

11.6.1 Wittur Group Company Details

11.6.2 Wittur Group Business Overview

11.6.3 Wittur Group Elevator Components Introduction

11.6.4 Wittur Group Revenue in Elevator Components Business (2021–2026)

11.6.5 Wittur Group Recent Development

11.7 Ningbo Aodepu Elevator Components Co

11.7.1 Ningbo Aodepu Elevator Components Co Company Details

11.7.2 Ningbo Aodepu Elevator Components Co Business Overview

11.7.3 Ningbo Aodepu Elevator Components Co Elevator Components Introduction

11.7.4 Ningbo Aodepu Elevator Components Co Revenue in Elevator Components Business (2021–2026)

11.7.5 Ningbo Aodepu Elevator Components Co Recent Development

11.8 Hangzhou HUNING Elevator Parts Co

11.8.1 Hangzhou HUNING Elevator Parts Co Company Details

11.8.2 Hangzhou HUNING Elevator Parts Co Business Overview

11.8.3 Hangzhou HUNING Elevator Parts Co Elevator Components Introduction

11.8.4 Hangzhou HUNING Elevator Parts Co Revenue in Elevator Components Business (2021–2026)

11.8.5 Hangzhou HUNING Elevator Parts Co Recent Development

11.9 Hebei Dongfang Fuda Machinery Co

11.9.1 Hebei Dongfang Fuda Machinery Co Company Details

11.9.2 Hebei Dongfang Fuda Machinery Co Business Overview

11.9.3 Hebei Dongfang Fuda Machinery Co Elevator Components Introduction

11.9.4 Hebei Dongfang Fuda Machinery Co Revenue in Elevator Components Business (2021–2026)

11.9.5 Hebei Dongfang Fuda Machinery Co Recent Development

11.10 Shanghai Liftech Elevator Accessories Co

11.10.1 Shanghai Liftech Elevator Accessories Co Company Details

11.10.2 Shanghai Liftech Elevator Accessories Co Business Overview

11.10.3 Shanghai Liftech Elevator Accessories Co Elevator Components Introduction

11.10.4 Shanghai Liftech Elevator Accessories Co Revenue in Elevator Components Business (2021–2026)

11.10.5 Shanghai Liftech Elevator Accessories Co Recent Development

11.11 Xinda Elevator (Ningbo Xinda)

11.11.1 Xinda Elevator (Ningbo Xinda) Company Details

11.11.2 Xinda Elevator (Ningbo Xinda) Business Overview

11.11.3 Xinda Elevator (Ningbo Xinda) Elevator Components Introduction

11.11.4 Xinda Elevator (Ningbo Xinda) Revenue in Elevator Components Business (2021–2026)

11.11.5 Xinda Elevator (Ningbo Xinda) Recent Development

11.12 EECO

11.12.1 EECO Company Details

11.12.2 EECO Business Overview

11.12.3 EECO Elevator Components Introduction

11.12.4 EECO Revenue in Elevator Components Business (2021–2026)

11.12.5 EECO Recent Development

11.13 BORE-MAX

11.13.1 BORE-MAX Company Details

11.13.2 BORE-MAX Business Overview

11.13.3 BORE-MAX Elevator Components Introduction

11.13.4 BORE-MAX Revenue in Elevator Components Business (2021–2026)

11.13.5 BORE-MAX Recent Development

11.14 Aksöz Makina

11.14.1 Aksöz Makina Company Details

11.14.2 Aksöz Makina Business Overview

11.14.3 Aksöz Makina Elevator Components Introduction

11.14.4 Aksöz Makina Revenue in Elevator Components Business (2021–2026)

11.14.5 Aksöz Makina Recent Development

11.15 Tianjin Lifu Elevator Parts Co., Ltd

11.15.1 Tianjin Lifu Elevator Parts Co., Ltd Company Details

11.15.2 Tianjin Lifu Elevator Parts Co., Ltd Business Overview

11.15.3 Tianjin Lifu Elevator Parts Co., Ltd Elevator Components Introduction

11.15.4 Tianjin Lifu Elevator Parts Co., Ltd Revenue in Elevator Components Business (2021–2026)

11.15.5 Tianjin Lifu Elevator Parts Co., Ltd Recent Development

11.16 Zhejing Austrian newsletter elevator parts co.,LT

11.16.1 Zhejing Austrian newsletter elevator parts co.,LT Company Details

11.16.2 Zhejing Austrian newsletter elevator parts co.,LT Business Overview

11.16.3 Zhejing Austrian newsletter elevator parts co.,LT Elevator Components Introduction

11.16.4 Zhejing Austrian newsletter elevator parts co.,LT Revenue in Elevator Components Business (2021–2026)

11.16.5 Zhejing Austrian newsletter elevator parts co.,LT Recent Development

11.17 Ningbo Ouling Elevator Components Co

11.17.1 Ningbo Ouling Elevator Components Co Company Details

11.17.2 Ningbo Ouling Elevator Components Co Business Overview

11.17.3 Ningbo Ouling Elevator Components Co Elevator Components Introduction

11.17.4 Ningbo Ouling Elevator Components Co Revenue in Elevator Components Business (2021–2026)

11.17.5 Ningbo Ouling Elevator Components Co Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Ningbo Aodepu Elevator Components Co

Hangzhou HUNING Elevator Parts Co

Hebei Dongfang Fuda Machinery Co

Shanghai Liftech Elevator Accessories Co

Xinda Elevator (Ningbo Xinda)

Tianjin Lifu Elevator Parts Co., Ltd

Zhejing Austrian newsletter elevator parts co.,LT

Ningbo Ouling Elevator Components Co

List of Tables

Table 1. Global Elevator Components Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032

Table 2. Key Players of Elevator Control Components

Table 3. Key Players of Elevator Drive Components

Table 4. Key Players of Elevator Safety Components

Table 5. Key Players of Elevator Door Components

Table 6. Key Players of Elevator Shaft Components

Table 7. Key Players of Others

Table 8. Global Elevator Components Market Size Growth Rate by Brake Type (US$ Million): 2021 vs 2025 vs 2032

Table 9. Key Players of Traction Elevator Components

Table 10. Key Players of Hydraulic Elevator Components

Table 11. Global Elevator Components Market Size Growth Rate by Technology Level (US$ Million): 2021 vs 2025 vs 2032

Table 12. Key Players of Conventional Elevator Components

Table 13. Key Players of Machine-Room-Less (MRL) Compact Components

Table 14. Key Players of Smart/IOT-Enabled Components

Table 15. Key Players of Others

Table 16. Global Elevator Components Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032

Table 17. Global Elevator Components Market Size by Region (US$ Million): 2021 vs 2025 vs 2032

Table 18. Global Elevator Components Market Size by Region (US$ Million), 2021–2026

Table 19. Global Elevator Components Market Share by Region (2021–2026)

Table 20. Global Elevator Components Forecasted Market Size by Region (US$ Million), 2027–2032

Table 21. Global Elevator Components Market Share by Region (2027–2032)

Table 22. Elevator Components Market Trends

Table 23. Elevator Components Market Drivers

Table 24. Elevator Components Market Challenges

Table 25. Elevator Components Market Restraints

Table 26. Global Elevator Components Revenue by Players (US$ Million), 2021–2026

Table 27. Global Elevator Components Market Share by Players (2021–2026)

Table 28. Global Top Elevator Components Players by Tier (Tier 1, Tier 2, and Tier 3), based on Elevator Components Revenue, 2025

Table 29. Ranking of Global Top Elevator Components Companies by Revenue (US$ Million) in 2025

Table 30. Global 5 Largest Players Market Share by Elevator Components Revenue (CR5 and HHI), 2021–2026

Table 31. Global Key Players of Elevator Components, Headquarters and Area Served

Table 32. Global Key Players of Elevator Components, Products and Applications

Table 33. Global Key Players of Elevator Components, Date of General Availability (GA)

Table 34. Mergers and Acquisitions, Expansion Plans

Table 35. Global Elevator Components Market Size by Type (US$ Million), 2021–2026

Table 36. Global Elevator Components Revenue Market Share by Type (2021–2026)

Table 37. Global Elevator Components Forecasted Market Size by Type (US$ Million), 2027–2032

Table 38. Global Elevator Components Revenue Market Share by Type (2027–2032)

Table 39. Global Elevator Components Market Size by Application (US$ Million), 2021–2026

Table 40. Global Elevator Components Revenue Market Share by Application (2021–2026)

Table 41. Global Elevator Components Forecasted Market Size by Application (US$ Million), 2027–2032

Table 42. Global Elevator Components Revenue Market Share by Application (2027–2032)

Table 43. North America Elevator Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 44. North America Elevator Components Market Size by Country (US$ Million), 2021–2026

Table 45. North America Elevator Components Market Size by Country (US$ Million), 2027–2032

Table 46. Europe Elevator Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 47. Europe Elevator Components Market Size by Country (US$ Million), 2021–2026

Table 48. Europe Elevator Components Market Size by Country (US$ Million), 2027–2032

Table 49. Asia-Pacific Elevator Components Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032

Table 50. Asia-Pacific Elevator Components Market Size by Region (US$ Million), 2021–2026

Table 51. Asia-Pacific Elevator Components Market Size by Region (US$ Million), 2027–2032

Table 52. Latin America Elevator Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 53. Latin America Elevator Components Market Size by Country (US$ Million), 2021–2026

Table 54. Latin America Elevator Components Market Size by Country (US$ Million), 2027–2032

Table 55. Middle East & Africa Elevator Components Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 56. Middle East & Africa Elevator Components Market Size by Country (US$ Million), 2021–2026

Table 57. Middle East & Africa Elevator Components Market Size by Country (US$ Million), 2027–2032

Table 58. Inovance Company Details

Table 59. Inovance Business Overview

Table 60. Inovance Elevator Components Product

Table 61. Inovance Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 62. Inovance Recent Development

Table 63. NIDEC Company Details

Table 64. NIDEC Business Overview

Table 65. NIDEC Elevator Components Product

Table 66. NIDEC Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 67. NIDEC Recent Development

Table 68. Henning GmbH Company Details

Table 69. Henning GmbH Business Overview

Table 70. Henning GmbH Elevator Components Product

Table 71. Henning GmbH Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 72. Henning GmbH Recent Development

Table 73. NAGAOKA MACHINERY CO Company Details

Table 74. NAGAOKA MACHINERY CO Business Overview

Table 75. NAGAOKA MACHINERY CO Elevator Components Product

Table 76. NAGAOKA MACHINERY CO Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 77. NAGAOKA MACHINERY CO Recent Development

Table 78. Oleo Company Details

Table 79. Oleo Business Overview

Table 80. Oleo Elevator Components Product

Table 81. Oleo Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 82. Oleo Recent Development

Table 83. Wittur Group Company Details

Table 84. Wittur Group Business Overview

Table 85. Wittur Group Elevator Components Product

Table 86. Wittur Group Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 87. Wittur Group Recent Development

Table 88. Ningbo Aodepu Elevator Components Co Company Details

Table 89. Ningbo Aodepu Elevator Components Co Business Overview

Table 90. Ningbo Aodepu Elevator Components Co Elevator Components Product

Table 91. Ningbo Aodepu Elevator Components Co Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 92. Ningbo Aodepu Elevator Components Co Recent Development

Table 93. Hangzhou HUNING Elevator Parts Co Company Details

Table 94. Hangzhou HUNING Elevator Parts Co Business Overview

Table 95. Hangzhou HUNING Elevator Parts Co Elevator Components Product

Table 96. Hangzhou HUNING Elevator Parts Co Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 97. Hangzhou HUNING Elevator Parts Co Recent Development

Table 98. Hebei Dongfang Fuda Machinery Co Company Details

Table 99. Hebei Dongfang Fuda Machinery Co Business Overview

Table 100. Hebei Dongfang Fuda Machinery Co Elevator Components Product

Table 101. Hebei Dongfang Fuda Machinery Co Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 102. Hebei Dongfang Fuda Machinery Co Recent Development

Table 103. Shanghai Liftech Elevator Accessories Co Company Details

Table 104. Shanghai Liftech Elevator Accessories Co Business Overview

Table 105. Shanghai Liftech Elevator Accessories Co Elevator Components Product

Table 106. Shanghai Liftech Elevator Accessories Co Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 107. Shanghai Liftech Elevator Accessories Co Recent Development

Table 108. Xinda Elevator (Ningbo Xinda) Company Details

Table 109. Xinda Elevator (Ningbo Xinda) Business Overview

Table 110. Xinda Elevator (Ningbo Xinda) Elevator Components Product

Table 111. Xinda Elevator (Ningbo Xinda) Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 112. Xinda Elevator (Ningbo Xinda) Recent Development

Table 113. EECO Company Details

Table 114. EECO Business Overview

Table 115. EECO Elevator Components Product

Table 116. EECO Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 117. EECO Recent Development

Table 118. BORE-MAX Company Details

Table 119. BORE-MAX Business Overview

Table 120. BORE-MAX Elevator Components Product

Table 121. BORE-MAX Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 122. BORE-MAX Recent Development

Table 123. Aksöz Makina Company Details

Table 124. Aksöz Makina Business Overview

Table 125. Aksöz Makina Elevator Components Product

Table 126. Aksöz Makina Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 127. Aksöz Makina Recent Development

Table 128. Tianjin Lifu Elevator Parts Co., Ltd Company Details

Table 129. Tianjin Lifu Elevator Parts Co., Ltd Business Overview

Table 130. Tianjin Lifu Elevator Parts Co., Ltd Elevator Components Product

Table 131. Tianjin Lifu Elevator Parts Co., Ltd Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 132. Tianjin Lifu Elevator Parts Co., Ltd Recent Development

Table 133. Zhejing Austrian newsletter elevator parts co.,LT Company Details

Table 134. Zhejing Austrian newsletter elevator parts co.,LT Business Overview

Table 135. Zhejing Austrian newsletter elevator parts co.,LT Elevator Components Product

Table 136. Zhejing Austrian newsletter elevator parts co.,LT Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 137. Zhejing Austrian newsletter elevator parts co.,LT Recent Development

Table 138. Ningbo Ouling Elevator Components Co Company Details

Table 139. Ningbo Ouling Elevator Components Co Business Overview

Table 140. Ningbo Ouling Elevator Components Co Elevator Components Product

Table 141. Ningbo Ouling Elevator Components Co Revenue in Elevator Components Business (US$ Million), 2021–2026

Table 142. Ningbo Ouling Elevator Components Co Recent Development

Table 143. Research Programs/Design for This Report

Table 144. Key Data Information from Secondary Sources

Table 145. Key Data Information from Primary Sources

Table 146. Authors List of This Report

List of Figures

Figure 1. Elevator Components Picture

Figure 2. Global Elevator Components Market Size Comparison by Type (US$ Million), 2021–2032

Figure 3. Global Elevator Components Market Share by Type: 2025 vs 2032

Figure 4. Elevator Control Components Features

Figure 5. Elevator Drive Components Features

Figure 6. Elevator Safety Components Features

Figure 7. Elevator Door Components Features

Figure 8. Elevator Shaft Components Features

Figure 9. Others Features

Figure 10. Global Elevator Components Market Size Comparison by Brake Type (US$ Million), 2021–2032

Figure 11. Traction Elevator Components Features

Figure 12. Hydraulic Elevator Components Features

Figure 13. Global Elevator Components Market Size Comparison by Technology Level (US$ Million), 2021–2032

Figure 14. Conventional Elevator Components Features

Figure 15. Machine-Room-Less (MRL) Compact Components Features

Figure 16. Smart/IOT-Enabled Components Features

Figure 17. Others Features

Figure 18. Global Elevator Components Market Size by Application (US$ Million), 2021–2032

Figure 19. Global Elevator Components Market Share by Application: 2025 vs 2032

Figure 20. Passenger Elevator Case Studies

Figure 21. Freight Elevator Case Studies

Figure 22. Others Case Studies

Figure 23. Elevator Components Report Years Considered

Figure 24. Global Elevator Components Market Size (US$ Million), Year-over-Year: 2021–2032

Figure 25. Global Elevator Components Market Size, (US$ Million), 2021 vs 2025 vs 2032

Figure 26. Global Elevator Components Market Share by Region: 2025 vs 2032

Figure 27. Global Elevator Components Market Share by Players in 2025

Figure 28. Global Elevator Components Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 29. The Top 10 and 5 Players Market Share by Elevator Components Revenue in 2025

Figure 30. North America Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 31. North America Elevator Components Market Share by Country (2021–2032)

Figure 32. United States Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 33. Canada Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 34. Europe Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 35. Europe Elevator Components Market Share by Country (2021–2032)

Figure 36. Germany Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 37. France Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 38. U.K. Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 39. Italy Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 40. Russia Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 41. Ireland Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 42. Asia-Pacific Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 43. Asia-Pacific Elevator Components Market Share by Region (2021–2032)

Figure 44. China Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 45. Japan Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 46. South Korea Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 47. Southeast Asia Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 48. India Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 49. Australia & New Zealand Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 50. Latin America Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 51. Latin America Elevator Components Market Share by Country (2021–2032)

Figure 52. Mexico Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 53. Brazil Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 54. Middle East & Africa Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 55. Middle East & Africa Elevator Components Market Share by Country (2021–2032)

Figure 56. Israel Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 57. Saudi Arabia Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 58. UAE Elevator Components Market Size YoY Growth (US$ Million), 2021–2032

Figure 59. Inovance Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 60. NIDEC Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 61. Henning GmbH Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 62. NAGAOKA MACHINERY CO Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 63. Oleo Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 64. Wittur Group Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 65. Ningbo Aodepu Elevator Components Co Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 66. Hangzhou HUNING Elevator Parts Co Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 67. Hebei Dongfang Fuda Machinery Co Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 68. Shanghai Liftech Elevator Accessories Co Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 69. Xinda Elevator (Ningbo Xinda) Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 70. EECO Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 71. BORE-MAX Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 72. Aksöz Makina Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 73. Tianjin Lifu Elevator Parts Co., Ltd Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 74. Zhejing Austrian newsletter elevator parts co.,LT Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 75. Ningbo Ouling Elevator Components Co Revenue Growth Rate in Elevator Components Business (2021–2026)

Figure 76. Bottom-up and Top-down Approaches for This Report

Figure 77. Data Triangulation

Figure 78. Key Executives Interviewed

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