OVERVIEW
Vic Market Research Co., Ltd. is pleased to announce the release of the “Global and Chinese Compact Machine Room Elevator Market Insight Report 2025–2031.”
This comprehensive study is designed to provide a structured and in-depth analysis of the Compact Machine Room Elevator industry, both domestically and internationally, with a focus on the following key areas:
1.An overview and assessment of the current development status and emerging trends in the Compact Machine Room Elevator industry across global and Chinese markets.
2.Estimation of the overall market size of the Compact Machine Room Elevator industry, along with a detailed analysis of market share by major countries.
3.Evaluation of the development potential within various segments of the Compact Machine Room Elevator industry, analysis of downstream market demand, and an examination of the competitive landscape.
4.Identification and exploration of industry pain points, aiming to support stakeholders in addressing key challenges effectively.
This report integrates extensive desk research with qualitative interviews conducted with industry experts and insiders, ensuring both the objectivity and comprehensiveness of the findings and data.
The study provides a detailed examination of the production, consumption, import, and export dynamics of the Compact Machine Room Elevator market in China. It also highlights key global and domestic manufacturers that play a significant role in the Chinese market, presenting core performance indicators such as sales volume, revenue, pricing, gross margin, and market share.
Furthermore, the report delivers a thorough analysis of segmented growth within the Compact Machine Room Elevator product category, including differentiation by product types, pricing, sales, revenue, and application-specific market performance. Historical data from 2020 to 2024 is incorporated, with forward-looking projections extending through 2031.
In light of the significant uncertainty introduced by the U.S. tariff policy set to take effect in 2025, the report offers a dedicated analysis of its core impacts. This includes assessments of global and regional competitive dynamics, economic linkages, supply chain restructuring, and countries’ strategic responses. The report concludes with strategic recommendations and a forward-looking outlook for the Compact Machine Room Elevator market.
1. Key Global Players in the Compact Machine Room Elevator Industry:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
2.Global Compact Machine Room Elevator Market, Segmented by Product Type:
Traction
Hydraulic
3. Global Compact Machine Room Elevator Market, Segmented by Application
Residential
Commercial
Industrial
4. Global Compact Machine Room Elevator Market, by Geographical Region:
North America (USA and Canada)
Europe (Germany, UK, France, Italy and other European countries)
Asia-Pacific (China, Japan, Korea, Taiwan, Southeast Asia, India, etc.)
Latin America (Mexico and Brazil, etc.)
Middle East and Africa (Turkey and Saudi Arabia, etc.)
I. Compact Machine Room Elevator Market Overview:
1.1 Product Definition and Statistical Scope
1.2 On the basis of different product types, Compact Machine Room Elevator can be mainly categorized as follows:
Global Growth Trend of Compact Machine Room Elevator by Product Type 2020 VS 2024 VS 2031
Traction
Hydraulic
1.3 From different applications, Compact Machine Room Elevator mainly includes the following:
Global Different Applications Compact Machine Room Elevator Growth Trend 2020 VS 2024 VS 2031
Residential
Commercial
Industrial
1.4 Global Compact Machine Room Elevator Development Status and Future Trends (2020-2031)
Global Market Compact Machine Room Elevator Revenue and Growth Rate (2020-2031)
Global Market Compact Machine Room Elevator Sales and Growth Rate (2020-2031)
II. Global Market Major Compact Machine Room Elevator Manufacturers Analysis:
2.1 Global Market Key Manufacturers Compact Machine Room Elevator Sales and Market Share
Global Market Key Manufacturers Compact Machine Room Elevator Sales (2020-2025)
Global Market Major Manufacturers Compact Machine Room Elevator Sales Market Share (2020-2025)
2.2 Global Market Key Manufacturers Compact Machine Room Elevator Revenue and Market Share
Global Market Key Manufacturers Compact Machine Room Elevator Revenue (2020-2025)
Global Market Key Manufacturers Compact Machine Room Elevator Revenue Market Share (2020-2025)
Global Market Key Manufacturers Compact Machine Room Elevator Revenue Ranking by 2024
2.3 Global Market Key Manufacturers Compact Machine Room Elevator Price (2020-2025)
2.4 Global Market Major Manufacturers Compact Machine Room Elevator Headquarter and Origin Distribution
2.5 Global Market Key Manufacturers Compact Machine Room Elevator Establishment Date and Compact Machine Room Elevator Commercialization Date
2.6 Global Market Major Manufacturers Compact Machine Room Elevator Product Type and Application
2.7 Compact Machine Room Elevator Industry Concentration, Competition Analysis
Compact Machine Room Elevator Industry Concentration Analysis: Global Top 5 Manufacturers Market Share by 2024
Global Market Compact Machine Room Elevator First Tier, Second Tier and Third Tier Manufacturers (Brand) and Market Share in 2024.
2.8 New Investments and Market M&A Activities
III. Profiles of the following key players:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
1. Basic Information, Compact Machine Room Elevator Manufacturing Base, Headquarters, Competitors and Market Position.
2. Compact Machine Room Elevator Product Specifications, Parameters, and Market Applications .
3. Compact Machine Room Elevator Sales, Revenue, Price and Gross Margin in Global Market (2020-2025).
4. Company Profile and Key Businesses.
5. Latest Company News.
IV. Analysis of Different Product Types of Compact Machine Room Elevator:
4.1 Global Market Compact Machine Room Elevator Sales by Product Type (2020-2031)
Global Market Sales and Market Share of Compact Machine Room Elevator by Product Type (2020-2025)
Global Market Sales Forecast of Compact Machine Room Elevator by Different Product Types (2026-2031)
4.2 Global Market Compact Machine Room Elevator Size by Product Type (2020-2031)
Global Market Compact Machine Room Elevator Size and Market Share by Product Type (2020-2025)
Global Market Size Forecast of Compact Machine Room Elevator by Product Type (2026-2031)
4.3 Global Market Price Trend of Compact Machine Room Elevator by Product Type (2020-2031)
V. Analysis of Compact Machine Room Elevator for Different Applications
5.1 Global Market Sales of Compact Machine Room Elevator by Application (2020-2031)
Global Market Compact Machine Room Elevator Sales and Market Share by Application (2020-2025)
Global Market Compact Machine Room Elevator Sales Forecast by Application (2026-2031)
5.2 Global Market Compact Machine Room Elevator Size and Market Share by Application (2020-2025)
Global Market Compact Machine Room Elevator Size Forecast by Application (2026-2031)
5.3 Global Market Price Trend of Compact Machine Room Elevator by Application (2020-2031)
VI. Industry Development Environment Analysis
6.1 Development Analysis of Compact Machine Room Elevator Industry - Development Trend
6.2 Compact Machine Room Elevator Industry Development Analysis - Manufacturer Barriers
6.3 Compact Machine Room Elevator Industry Development Analysis - Driving Factors
6.4 Compact Machine Room Elevator Industry Development Analysis - Restraints
6.5 SWOT Analysis of Compact Machine Room Elevator Global Companies
6.6 Compact Machine Room Elevator Industry Development Analysis - Industry Policies
Industry Authorities and Regulatory Framework
Industry-related Policy Trends
Industry Related Planning
VII. Industry Supply Chain Analysis
7.1 Industry Chain Introduction of Compact Machine Room Elevator Industry
7.2 Compact Machine Room Elevator Industry Chain Analysis - Upstream
7.3 Compact Machine Room Elevator Industry Chain Analysis - Midstream
7.4 Compact Machine Room Elevator Industry Chain Analysis - Downstream
7.5 Procurement Mode of Compact Machine Room Elevator Industry
7.6 Production Mode of Compact Machine Room Elevator Industry
7.7 Compact Machine Room Elevator Industry Sales Model and Sales Channels
VIII. Global Local Compact Machine Room Elevator Capacity, Production Analysis
8.1 Global Compact Machine Room Elevator Supply and Demand Status and Forecast (2020-2031)
Global Compact Machine Room Elevator Capacity, Production, Capacity Utilization and Development Trend (2020-2031)
Global Compact Machine Room Elevator Production, Market Demand and Development Trend (2020-2031)
8.2 Global Compact Machine Room Elevator Import and Export Analysis
Global Market Compact Machine Room Elevator Main Import Sources
Global Market Compact Machine Room Elevator Main Export Destinations
IX. Research Findings and Conclusion
X. Appendix
10.1 Research Methodology
10.2 Data Sources
Secondary Information Sources
Primary Information Sources
10.3 Data Interactive Validation
10.4 Disclaimer”
Table of Contents
Table : Growth Trends in Compact Machine Room Elevator by Product Type
Table:Growth Trend of Different Applications
Table:Current Development Status of Compact Machine Room Elevator Industry
Table:Development Trend of Compact Machine Room Elevator
Table:Global Major Regions Production of Compact Machine Room Elevator
Table:Global Major Regions Compact Machine Room Elevator Production Market Share
Table:Global Market Major Manufacturers Compact Machine Room Elevator Production Capacity
Table:Global Market Major Manufacturers Compact Machine Room Elevator Sales, Sales Market Share, Sales Revenue
Table:Global Market Major Manufacturers Compact Machine Room Elevator Sales Revenue Market Share, Price
Table: Global Key Manufacturers Compact Machine Room Elevator Revenue Ranking by 2025
Table: China Market Major Manufacturers Compact Machine Room Elevator Sales, Sales Market Share, Sales Revenue
Table: China Market Key Manufacturers Compact Machine Room Elevator Sales Revenue Market Share, Sales Price
Table: China Key Manufacturers Compact Machine Room Elevator Revenue Ranking by 2025
Table: Global Major Manufacturers Compact Machine Room Elevator Production Distribution and Commercialization Date
Table:Global Major Manufacturers Compact Machine Room Elevator Product Type List
Table: Global Key Manufacturers Market Position of Compact Machine Room Elevator in 2025 (First Tier, Second Tier and Third Tier)
Table: Global Compact Machine Room Elevator Market Analysis of Current Status of Investments, Mergers & Acquisitions, and Others
Table: Global Major Regions Compact Machine Room Elevator Sales Revenue
Table: Global Major Regions Compact Machine Room Elevator Sales Revenue Market Share
Table: Global Major Regions Compact Machine Room Elevator Revenue Market Share
Table: Global Major Regions Compact Machine Room Elevator Sales Volume
Table: Global Major Regions Compact Machine Room Elevator Sales Market Share
Table : Global Major Regions Compact Machine Room Elevator Sales Share
Table : The following companies:
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
Compact Machine Room Elevator Manufacturing Base, Sales Area, Competitors and Market Position
Compact Machine Room Elevator Product Specifications, Parameters and Market Applications
Compact Machine Room Elevator Sales, Revenue, Price and Gross Margin
Company Profile and Major Businesses
Latest Company News
Table: Global Sales of Compact Machine Room Elevator by Product Type
Table: Global Sales Market Share of Compact Machine Room Elevator by Product Type
Table: Global Sales Forecast of Compact Machine Room Elevator by Product Type
Table: Global Sales Market Share Forecast of Compact Machine Room Elevator by Product Type
Table: Global Revenue of Compact Machine Room Elevator by Product Type
Table: Global Compact Machine Room Elevator Revenue Market Share by Product Type
Table: Global Revenue Forecast of Compact Machine Room Elevator by Product Type
Table: Global Revenue Market Share Forecast of Compact Machine Room Elevator by Product Type
Table: Global Price Trend of Compact Machine Room Elevator by Product Type
Table: Global Sales of Compact Machine Room Elevator by Application
Table: Global Sales Market Share of Compact Machine Room Elevator by Application
Table: Global Sales Forecast of Compact Machine Room Elevator by Application
Table: Global Compact Machine Room Elevator Sales Market Share Forecast by Application
Table: Global Compact Machine Room Elevator Revenue by Application
Table: Global Compact Machine Room Elevator Revenue Market Share by Application
Table: Global Compact Machine Room Elevator Revenue Forecast by Application
Table: Global Compact Machine Room Elevator Revenue Market Share Forecast by Application
Table: Global Price Trend of Compact Machine Room Elevator by Application
Table: List of Compact Machine Room Elevator Upstream Raw Material Suppliers and Contact Information
Table: List of Typical Customers of Compact Machine Room Elevator
Table: Compact Machine Room Elevator Main Sales Modes and Sales Channels
Table: Development Opportunities and Key Driving Factors of Compact Machine Room Elevator Industry
Table: Risks Faced by Compact Machine Room Elevator Industry Development
Table: Compact Machine Room Elevator Industry Policy Analysis
Table: Research Scope
Table: List of Analysts
Chart Catalog
Figure Compact Machine Room Elevator Product Picture
Figure Global Production Market Share of Compact Machine Room Elevator by Product Type
Figure Global Compact Machine Room Elevator Consumption Market Share by Application
Figure Global Compact Machine Room Elevator Capacity, Production, Capacity Utilization and Development Trend
Figure Global Compact Machine Room Elevator Production, Demand and Development Trend
Figure Global Compact Machine Room Elevator Production Market Share by Major Regions
Figure China Compact Machine Room Elevator Capacity, Production, Capacity Utilization and Development Trend
Figure China Compact Machine Room Elevator Production, Market Demand and Development Trend
Figure Global Compact Machine Room Elevator Market Sales and Growth Rate.
Figure Global Compact Machine Room Elevator Market Size
Figure Global Market Compact Machine Room Elevator Sales and Growth Rate
Figure Global Market Compact Machine Room Elevator Price Trend
Figure Global Market Compact Machine Room Elevator Sales Market Share of Major Manufacturers in 2025
Figure Compact Machine Room Elevator Revenue Market Share of Key Manufacturers in Global Market in 2025
Figure Compact Machine Room Elevator Sales Market Share of Key Manufacturers in China Market in 2025
Figure Compact Machine Room Elevator Revenue Market Share of Key Manufacturers in China Market, 2025
Figure 2025 Global Compact Machine Room Elevator Market Share of Top 5 Manufacturers
Figure 2025 Global Compact Machine Room Elevator First Tier, Second Tier and Third Tier Manufacturers (by Brand) and Market Share
Figure Global Compact Machine Room Elevator Sales Revenue Market Share by Major Regions
Figure North America Compact Machine Room Elevator Sales and Growth Rate
Figure North America Compact Machine Room Elevator Revenue and Growth Rate
Figure Europe Market Compact Machine Room Elevator Sales and Growth Rate
Figure Europe Market Compact Machine Room Elevator Revenue and Growth Rate
Figure China Compact Machine Room Elevator Sales and Growth Rate
Figure China Market Compact Machine Room Elevator Revenue and Growth Rate
Figure Compact Machine Room Elevator Sales and Growth Rate in Japan Market
Figure Compact Machine Room Elevator Revenue and Growth Rate in Japan Market
Figure Global Price Trend of Compact Machine Room Elevator by Product Type
Figure Global Price Trend of Compact Machine Room Elevator by Application
Figure Compact Machine Room Elevator Industry Chain
Figure Compact Machine Room Elevator Chinese Companies SWOT Analysis
Figure Key Interview Objectives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.