Global Traction Home Elevator Market Growth 2025-2031

The global Traction Home Elevator market size is predicted to grow from US$ 4758 million in 2025 to US$ 7331 million in 2031; it is expected to grow at a CAGR of 7.5% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Traction home elevator is a residential elevator that achieves vertical lifting through a wire rope and counterweight system. It uses an electric motor to drive the traction wheel to rotate, and relies on friction to raise or lower the car. Its core features are smooth operation, low energy consumption, strong load-bearing capacity, and adaptability to machine room-less design, saving installation space. It is mainly used in villas, duplex houses and renovation of old buildings to meet the needs of barrier-free travel and high-end life.

United States market for Traction Home Elevator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Traction Home Elevator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Traction Home Elevator is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Traction Home Elevator players cover TK Elevator, Inclinator, Kone, Otis, Residential Elevators, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Traction Home Elevator Industry Forecast” looks at past sales and reviews total world Traction Home Elevator sales in 2024, providing a comprehensive analysis by region and market sector of projected Traction Home Elevator sales for 2025 through 2031. With Traction Home Elevator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Traction Home Elevator industry.

This Insight Report provides a comprehensive analysis of the global Traction Home Elevator landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Traction Home Elevator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Traction Home Elevator market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traction Home Elevator and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Traction Home Elevator.

This report presents a comprehensive overview, market shares, and growth opportunities of Traction Home Elevator market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Geared Elevator
    Gearless Elevator

Segmentation by Application:
    Villas
    Duplex Houses
    Old Building Renovation

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    TK Elevator
    Inclinator
    Kone
    Otis
    Residential Elevators
    Stiltz
    Symmetry Elevator
    Nova Elevators
    Access Elevator
    Srh-elevator
    Delfar Elevator
    Garaventa
    OTSTEC

Key Questions Addressed in this Report
What is the 10-year outlook for the global Traction Home Elevator market?
What factors are driving Traction Home Elevator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Traction Home Elevator market opportunities vary by end market size?
How does Traction Home Elevator break out by Type, by Application?

List of Tables
 Table 1. Traction Home Elevator Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Table 2. Traction Home Elevator Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
 Table 3. Major Players of Geared Elevator
 Table 4. Major Players of Gearless Elevator
 Table 5. Global Traction Home Elevator Sales by Type (2020-2025) & (K Units)
 Table 6. Global Traction Home Elevator Sales Market Share by Type (2020-2025)
 Table 7. Global Traction Home Elevator Revenue by Type (2020-2025) & ($ million)
 Table 8. Global Traction Home Elevator Revenue Market Share by Type (2020-2025)
 Table 9. Global Traction Home Elevator Sale Price by Type (2020-2025) & (US$/Unit)
 Table 10. Global Traction Home Elevator Sale by Application (2020-2025) & (K Units)
 Table 11. Global Traction Home Elevator Sale Market Share by Application (2020-2025)
 Table 12. Global Traction Home Elevator Revenue by Application (2020-2025) & ($ million)
 Table 13. Global Traction Home Elevator Revenue Market Share by Application (2020-2025)
 Table 14. Global Traction Home Elevator Sale Price by Application (2020-2025) & (US$/Unit)
 Table 15. Global Traction Home Elevator Sales by Company (2020-2025) & (K Units)
 Table 16. Global Traction Home Elevator Sales Market Share by Company (2020-2025)
 Table 17. Global Traction Home Elevator Revenue by Company (2020-2025) & ($ millions)
 Table 18. Global Traction Home Elevator Revenue Market Share by Company (2020-2025)
 Table 19. Global Traction Home Elevator Sale Price by Company (2020-2025) & (US$/Unit)
 Table 20. Key Manufacturers Traction Home Elevator Producing Area Distribution and Sales Area
 Table 21. Players Traction Home Elevator Products Offered
 Table 22. Traction Home Elevator Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
 Table 23. New Products and Potential Entrants
 Table 24. Market M&A Activity & Strategy
 Table 25. Global Traction Home Elevator Sales by Geographic Region (2020-2025) & (K Units)
 Table 26. Global Traction Home Elevator Sales Market Share Geographic Region (2020-2025)
 Table 27. Global Traction Home Elevator Revenue by Geographic Region (2020-2025) & ($ millions)
 Table 28. Global Traction Home Elevator Revenue Market Share by Geographic Region (2020-2025)
 Table 29. Global Traction Home Elevator Sales by Country/Region (2020-2025) & (K Units)
 Table 30. Global Traction Home Elevator Sales Market Share by Country/Region (2020-2025)
 Table 31. Global Traction Home Elevator Revenue by Country/Region (2020-2025) & ($ millions)
 Table 32. Global Traction Home Elevator Revenue Market Share by Country/Region (2020-2025)
 Table 33. Americas Traction Home Elevator Sales by Country (2020-2025) & (K Units)
 Table 34. Americas Traction Home Elevator Sales Market Share by Country (2020-2025)
 Table 35. Americas Traction Home Elevator Revenue by Country (2020-2025) & ($ millions)
 Table 36. Americas Traction Home Elevator Sales by Type (2020-2025) & (K Units)
 Table 37. Americas Traction Home Elevator Sales by Application (2020-2025) & (K Units)
 Table 38. APAC Traction Home Elevator Sales by Region (2020-2025) & (K Units)
 Table 39. APAC Traction Home Elevator Sales Market Share by Region (2020-2025)
 Table 40. APAC Traction Home Elevator Revenue by Region (2020-2025) & ($ millions)
 Table 41. APAC Traction Home Elevator Sales by Type (2020-2025) & (K Units)
 Table 42. APAC Traction Home Elevator Sales by Application (2020-2025) & (K Units)
 Table 43. Europe Traction Home Elevator Sales by Country (2020-2025) & (K Units)
 Table 44. Europe Traction Home Elevator Revenue by Country (2020-2025) & ($ millions)
 Table 45. Europe Traction Home Elevator Sales by Type (2020-2025) & (K Units)
 Table 46. Europe Traction Home Elevator Sales by Application (2020-2025) & (K Units)
 Table 47. Middle East & Africa Traction Home Elevator Sales by Country (2020-2025) & (K Units)
 Table 48. Middle East & Africa Traction Home Elevator Revenue Market Share by Country (2020-2025)
 Table 49. Middle East & Africa Traction Home Elevator Sales by Type (2020-2025) & (K Units)
 Table 50. Middle East & Africa Traction Home Elevator Sales by Application (2020-2025) & (K Units)
 Table 51. Key Market Drivers & Growth Opportunities of Traction Home Elevator
 Table 52. Key Market Challenges & Risks of Traction Home Elevator
 Table 53. Key Industry Trends of Traction Home Elevator
 Table 54. Traction Home Elevator Raw Material
 Table 55. Key Suppliers of Raw Materials
 Table 56. Traction Home Elevator Distributors List
 Table 57. Traction Home Elevator Customer List
 Table 58. Global Traction Home Elevator Sales Forecast by Region (2026-2031) & (K Units)
 Table 59. Global Traction Home Elevator Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 60. Americas Traction Home Elevator Sales Forecast by Country (2026-2031) & (K Units)
 Table 61. Americas Traction Home Elevator Annual Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 62. APAC Traction Home Elevator Sales Forecast by Region (2026-2031) & (K Units)
 Table 63. APAC Traction Home Elevator Annual Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 64. Europe Traction Home Elevator Sales Forecast by Country (2026-2031) & (K Units)
 Table 65. Europe Traction Home Elevator Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 66. Middle East & Africa Traction Home Elevator Sales Forecast by Country (2026-2031) & (K Units)
 Table 67. Middle East & Africa Traction Home Elevator Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 68. Global Traction Home Elevator Sales Forecast by Type (2026-2031) & (K Units)
 Table 69. Global Traction Home Elevator Revenue Forecast by Type (2026-2031) & ($ millions)
 Table 70. Global Traction Home Elevator Sales Forecast by Application (2026-2031) & (K Units)
 Table 71. Global Traction Home Elevator Revenue Forecast by Application (2026-2031) & ($ millions)
 Table 72. TK Elevator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 73. TK Elevator Traction Home Elevator Product Portfolios and Specifications
 Table 74. TK Elevator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. TK Elevator Main Business
 Table 76. TK Elevator Latest Developments
 Table 77. Inclinator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 78. Inclinator Traction Home Elevator Product Portfolios and Specifications
 Table 79. Inclinator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 80. Inclinator Main Business
 Table 81. Inclinator Latest Developments
 Table 82. Kone Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 83. Kone Traction Home Elevator Product Portfolios and Specifications
 Table 84. Kone Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 85. Kone Main Business
 Table 86. Kone Latest Developments
 Table 87. Otis Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 88. Otis Traction Home Elevator Product Portfolios and Specifications
 Table 89. Otis Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 90. Otis Main Business
 Table 91. Otis Latest Developments
 Table 92. Residential Elevators Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 93. Residential Elevators Traction Home Elevator Product Portfolios and Specifications
 Table 94. Residential Elevators Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 95. Residential Elevators Main Business
 Table 96. Residential Elevators Latest Developments
 Table 97. Stiltz Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 98. Stiltz Traction Home Elevator Product Portfolios and Specifications
 Table 99. Stiltz Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 100. Stiltz Main Business
 Table 101. Stiltz Latest Developments
 Table 102. Symmetry Elevator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 103. Symmetry Elevator Traction Home Elevator Product Portfolios and Specifications
 Table 104. Symmetry Elevator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 105. Symmetry Elevator Main Business
 Table 106. Symmetry Elevator Latest Developments
 Table 107. Nova Elevators Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 108. Nova Elevators Traction Home Elevator Product Portfolios and Specifications
 Table 109. Nova Elevators Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 110. Nova Elevators Main Business
 Table 111. Nova Elevators Latest Developments
 Table 112. Access Elevator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 113. Access Elevator Traction Home Elevator Product Portfolios and Specifications
 Table 114. Access Elevator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 115. Access Elevator Main Business
 Table 116. Access Elevator Latest Developments
 Table 117. Srh-elevator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 118. Srh-elevator Traction Home Elevator Product Portfolios and Specifications
 Table 119. Srh-elevator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 120. Srh-elevator Main Business
 Table 121. Srh-elevator Latest Developments
 Table 122. Delfar Elevator Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 123. Delfar Elevator Traction Home Elevator Product Portfolios and Specifications
 Table 124. Delfar Elevator Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 125. Delfar Elevator Main Business
 Table 126. Delfar Elevator Latest Developments
 Table 127. Garaventa Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 128. Garaventa Traction Home Elevator Product Portfolios and Specifications
 Table 129. Garaventa Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 130. Garaventa Main Business
 Table 131. Garaventa Latest Developments
 Table 132. OTSTEC Basic Information, Traction Home Elevator Manufacturing Base, Sales Area and Its Competitors
 Table 133. OTSTEC Traction Home Elevator Product Portfolios and Specifications
 Table 134. OTSTEC Traction Home Elevator Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 135. OTSTEC Main Business
 Table 136. OTSTEC Latest Developments


List of Figures
 Figure 1. Picture of Traction Home Elevator
 Figure 2. Traction Home Elevator Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global Traction Home Elevator Sales Growth Rate 2020-2031 (K Units)
 Figure 7. Global Traction Home Elevator Revenue Growth Rate 2020-2031 ($ millions)
 Figure 8. Traction Home Elevator Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Figure 9. Traction Home Elevator Sales Market Share by Country/Region (2024)
 Figure 10. Traction Home Elevator Sales Market Share by Country/Region (2020, 2024 & 2031)
 Figure 11. Product Picture of Geared Elevator
 Figure 12. Product Picture of Gearless Elevator
 Figure 13. Global Traction Home Elevator Sales Market Share by Type in 2025
 Figure 14. Global Traction Home Elevator Revenue Market Share by Type (2020-2025)
 Figure 15. Traction Home Elevator Consumed in Villas
 Figure 16. Global Traction Home Elevator Market: Villas (2020-2025) & (K Units)
 Figure 17. Traction Home Elevator Consumed in Duplex Houses
 Figure 18. Global Traction Home Elevator Market: Duplex Houses (2020-2025) & (K Units)
 Figure 19. Traction Home Elevator Consumed in Old Building Renovation
 Figure 20. Global Traction Home Elevator Market: Old Building Renovation (2020-2025) & (K Units)
 Figure 21. Global Traction Home Elevator Sale Market Share by Application (2024)
 Figure 22. Global Traction Home Elevator Revenue Market Share by Application in 2025
 Figure 23. Traction Home Elevator Sales by Company in 2025 (K Units)
 Figure 24. Global Traction Home Elevator Sales Market Share by Company in 2025
 Figure 25. Traction Home Elevator Revenue by Company in 2025 ($ millions)
 Figure 26. Global Traction Home Elevator Revenue Market Share by Company in 2025
 Figure 27. Global Traction Home Elevator Sales Market Share by Geographic Region (2020-2025)
 Figure 28. Global Traction Home Elevator Revenue Market Share by Geographic Region in 2025
 Figure 29. Americas Traction Home Elevator Sales 2020-2025 (K Units)
 Figure 30. Americas Traction Home Elevator Revenue 2020-2025 ($ millions)
 Figure 31. APAC Traction Home Elevator Sales 2020-2025 (K Units)
 Figure 32. APAC Traction Home Elevator Revenue 2020-2025 ($ millions)
 Figure 33. Europe Traction Home Elevator Sales 2020-2025 (K Units)
 Figure 34. Europe Traction Home Elevator Revenue 2020-2025 ($ millions)
 Figure 35. Middle East & Africa Traction Home Elevator Sales 2020-2025 (K Units)
 Figure 36. Middle East & Africa Traction Home Elevator Revenue 2020-2025 ($ millions)
 Figure 37. Americas Traction Home Elevator Sales Market Share by Country in 2025
 Figure 38. Americas Traction Home Elevator Revenue Market Share by Country (2020-2025)
 Figure 39. Americas Traction Home Elevator Sales Market Share by Type (2020-2025)
 Figure 40. Americas Traction Home Elevator Sales Market Share by Application (2020-2025)
 Figure 41. United States Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 42. Canada Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 43. Mexico Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 44. Brazil Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 45. APAC Traction Home Elevator Sales Market Share by Region in 2025
 Figure 46. APAC Traction Home Elevator Revenue Market Share by Region (2020-2025)
 Figure 47. APAC Traction Home Elevator Sales Market Share by Type (2020-2025)
 Figure 48. APAC Traction Home Elevator Sales Market Share by Application (2020-2025)
 Figure 49. China Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 50. Japan Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 51. South Korea Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 52. Southeast Asia Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 53. India Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 54. Australia Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 55. China Taiwan Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 56. Europe Traction Home Elevator Sales Market Share by Country in 2025
 Figure 57. Europe Traction Home Elevator Revenue Market Share by Country (2020-2025)
 Figure 58. Europe Traction Home Elevator Sales Market Share by Type (2020-2025)
 Figure 59. Europe Traction Home Elevator Sales Market Share by Application (2020-2025)
 Figure 60. Germany Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 61. France Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 62. UK Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 63. Italy Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 64. Russia Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 65. Middle East & Africa Traction Home Elevator Sales Market Share by Country (2020-2025)
 Figure 66. Middle East & Africa Traction Home Elevator Sales Market Share by Type (2020-2025)
 Figure 67. Middle East & Africa Traction Home Elevator Sales Market Share by Application (2020-2025)
 Figure 68. Egypt Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 69. South Africa Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 70. Israel Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 71. Turkey Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 72. GCC Countries Traction Home Elevator Revenue Growth 2020-2025 ($ millions)
 Figure 73. Manufacturing Cost Structure Analysis of Traction Home Elevator in 2025
 Figure 74. Manufacturing Process Analysis of Traction Home Elevator
 Figure 75. Industry Chain Structure of Traction Home Elevator
 Figure 76. Channels of Distribution
 Figure 77. Global Traction Home Elevator Sales Market Forecast by Region (2026-2031)
 Figure 78. Global Traction Home Elevator Revenue Market Share Forecast by Region (2026-2031)
 Figure 79. Global Traction Home Elevator Sales Market Share Forecast by Type (2026-2031)
 Figure 80. Global Traction Home Elevator Revenue Market Share Forecast by Type (2026-2031)
 Figure 81. Global Traction Home Elevator Sales Market Share Forecast by Application (2026-2031)
 Figure 82. Global Traction Home Elevator Revenue Market Share Forecast by Application (2026-2031)

TK Elevator
Inclinator
Kone
Otis
Residential Elevators
Stiltz
Symmetry Elevator
Nova Elevators
Access Elevator
Srh-elevator
Delfar Elevator
Garaventa
OTSTEC

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape