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Traction Wheels-Global Market Insights and Sales Trends 2025
Synopsis
Traction wheel is the rope wheel on the traction machine, also known as traction rope wheel or drive rope wheel. It is a device that transfers traction power by using the friction between the traction wire rope and the rope groove on the traction rim.
The global Traction Wheels market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Traction Wheels in various end use industries. The expanding demands from the Mall, Office Building, Public Places and Others, are propelling Traction Wheels market. Direct Current, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Alternating Current segment is estimated at % CAGR for the next seven-year period.
Because the traction wheel has to bear all the dynamic and static loads of the cage, load, weight and other devices, it is required to have great strength, good toughness, wear resistance and impact resistance. In order to reduce the abrasion of the traction wire rope in the groove of the traction wheel, the roughness and hardness of the working surface of the groove should be reasonable in addition to choosing the appropriate groove type.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Traction Wheels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Traction Wheels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Traction Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traction Wheels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Traction Wheels covered in this report include Otis, Xizi Forvorda, Suzhou Torin, Suzhou Dengdao, Kone, Kinetek, Shenyang Bluelight, Hitachi and Mitsubishi Electric, etc.
The global Traction Wheels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
Global Traction Wheels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Traction Wheels market, Segment by Type:
Direct Current
Alternating Current
Global Traction Wheels market, by Application
Mall
Office Building
Public Places
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Traction Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Traction Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Traction wheel is the rope wheel on the traction machine, also known as traction rope wheel or drive rope wheel. It is a device that transfers traction power by using the friction between the traction wire rope and the rope groove on the traction rim.
The global Traction Wheels market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Traction Wheels in various end use industries. The expanding demands from the Mall, Office Building, Public Places and Others, are propelling Traction Wheels market. Direct Current, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Alternating Current segment is estimated at % CAGR for the next seven-year period.
Because the traction wheel has to bear all the dynamic and static loads of the cage, load, weight and other devices, it is required to have great strength, good toughness, wear resistance and impact resistance. In order to reduce the abrasion of the traction wire rope in the groove of the traction wheel, the roughness and hardness of the working surface of the groove should be reasonable in addition to choosing the appropriate groove type.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Traction Wheels, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Traction Wheels market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Traction Wheels market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traction Wheels sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Traction Wheels covered in this report include Otis, Xizi Forvorda, Suzhou Torin, Suzhou Dengdao, Kone, Kinetek, Shenyang Bluelight, Hitachi and Mitsubishi Electric, etc.
The global Traction Wheels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric
Global Traction Wheels market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Traction Wheels market, Segment by Type:
Direct Current
Alternating Current
Global Traction Wheels market, by Application
Mall
Office Building
Public Places
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Traction Wheels manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Traction Wheels in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Traction Wheels Market Overview
1.1 Traction Wheels Product Overview
1.2 Traction Wheels Market Segment by Type
1.2.1 Direct Current
1.2.2 Alternating Current
1.3 Global Traction Wheels Market Size by Type
1.3.1 Global Traction Wheels Market Size Overview by Type (2018-2029)
1.3.2 Global Traction Wheels Historic Market Size Review by Type (2018-2023)
1.3.3 Global Traction Wheels Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Traction Wheels Sales Breakdown by Type (2018-2023)
1.4.2 Europe Traction Wheels Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Traction Wheels Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Traction Wheels Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Traction Wheels Sales Breakdown by Type (2018-2023)
2 Global Traction Wheels Market Competition by Company
2.1 Global Top Players by Traction Wheels Sales (2018-2023)
2.2 Global Top Players by Traction Wheels Revenue (2018-2023)
2.3 Global Top Players by Traction Wheels Price (2018-2023)
2.4 Global Top Manufacturers Traction Wheels Manufacturing Base Distribution, Sales Area, Product Type
2.5 Traction Wheels Market Competitive Situation and Trends
2.5.1 Traction Wheels Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Traction Wheels Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Traction Wheels as of 2022)
2.7 Date of Key Manufacturers Enter into Traction Wheels Market
2.8 Key Manufacturers Traction Wheels Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Traction Wheels Status and Outlook by Region
3.1 Global Traction Wheels Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Traction Wheels Historic Market Size by Region
3.2.1 Global Traction Wheels Sales in Volume by Region (2018-2023)
3.2.2 Global Traction Wheels Sales in Value by Region (2018-2023)
3.2.3 Global Traction Wheels Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Traction Wheels Forecasted Market Size by Region
3.3.1 Global Traction Wheels Sales in Volume by Region (2024-2029)
3.3.2 Global Traction Wheels Sales in Value by Region (2024-2029)
3.3.3 Global Traction Wheels Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Traction Wheels by Application
4.1 Traction Wheels Market Segment by Application
4.1.1 Mall
4.1.2 Office Building
4.1.3 Public Places
4.1.4 Others
4.2 Global Traction Wheels Market Size by Application
4.2.1 Global Traction Wheels Market Size Overview by Application (2018-2029)
4.2.2 Global Traction Wheels Historic Market Size Review by Application (2018-2023)
4.2.3 Global Traction Wheels Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Traction Wheels Sales Breakdown by Application (2018-2023)
4.3.2 Europe Traction Wheels Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Traction Wheels Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Traction Wheels Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Traction Wheels Sales Breakdown by Application (2018-2023)
5 North America Traction Wheels by Country
5.1 North America Traction Wheels Historic Market Size by Country
5.1.1 North America Traction Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Traction Wheels Sales in Volume by Country (2018-2023)
5.1.3 North America Traction Wheels Sales in Value by Country (2018-2023)
5.2 North America Traction Wheels Forecasted Market Size by Country
5.2.1 North America Traction Wheels Sales in Volume by Country (2024-2029)
5.2.2 North America Traction Wheels Sales in Value by Country (2024-2029)
6 Europe Traction Wheels by Country
6.1 Europe Traction Wheels Historic Market Size by Country
6.1.1 Europe Traction Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Traction Wheels Sales in Volume by Country (2018-2023)
6.1.3 Europe Traction Wheels Sales in Value by Country (2018-2023)
6.2 Europe Traction Wheels Forecasted Market Size by Country
6.2.1 Europe Traction Wheels Sales in Volume by Country (2024-2029)
6.2.2 Europe Traction Wheels Sales in Value by Country (2024-2029)
7 Asia-Pacific Traction Wheels by Region
7.1 Asia-Pacific Traction Wheels Historic Market Size by Region
7.1.1 Asia-Pacific Traction Wheels Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Traction Wheels Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Traction Wheels Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Traction Wheels Forecasted Market Size by Region
7.2.1 Asia-Pacific Traction Wheels Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Traction Wheels Sales in Value by Region (2024-2029)
8 Latin America Traction Wheels by Country
8.1 Latin America Traction Wheels Historic Market Size by Country
8.1.1 Latin America Traction Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Traction Wheels Sales in Volume by Country (2018-2023)
8.1.3 Latin America Traction Wheels Sales in Value by Country (2018-2023)
8.2 Latin America Traction Wheels Forecasted Market Size by Country
8.2.1 Latin America Traction Wheels Sales in Volume by Country (2024-2029)
8.2.2 Latin America Traction Wheels Sales in Value by Country (2024-2029)
9 Middle East and Africa Traction Wheels by Country
9.1 Middle East and Africa Traction Wheels Historic Market Size by Country
9.1.1 Middle East and Africa Traction Wheels Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Traction Wheels Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Traction Wheels Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Traction Wheels Forecasted Market Size by Country
9.2.1 Middle East and Africa Traction Wheels Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Traction Wheels Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Otis
10.1.1 Otis Company Information
10.1.2 Otis Introduction and Business Overview
10.1.3 Otis Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Otis Traction Wheels Products Offered
10.1.5 Otis Recent Development
10.2 Xizi Forvorda
10.2.1 Xizi Forvorda Company Information
10.2.2 Xizi Forvorda Introduction and Business Overview
10.2.3 Xizi Forvorda Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Xizi Forvorda Traction Wheels Products Offered
10.2.5 Xizi Forvorda Recent Development
10.3 Suzhou Torin
10.3.1 Suzhou Torin Company Information
10.3.2 Suzhou Torin Introduction and Business Overview
10.3.3 Suzhou Torin Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Suzhou Torin Traction Wheels Products Offered
10.3.5 Suzhou Torin Recent Development
10.4 Suzhou Dengdao
10.4.1 Suzhou Dengdao Company Information
10.4.2 Suzhou Dengdao Introduction and Business Overview
10.4.3 Suzhou Dengdao Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Suzhou Dengdao Traction Wheels Products Offered
10.4.5 Suzhou Dengdao Recent Development
10.5 Kone
10.5.1 Kone Company Information
10.5.2 Kone Introduction and Business Overview
10.5.3 Kone Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Kone Traction Wheels Products Offered
10.5.5 Kone Recent Development
10.6 Kinetek
10.6.1 Kinetek Company Information
10.6.2 Kinetek Introduction and Business Overview
10.6.3 Kinetek Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kinetek Traction Wheels Products Offered
10.6.5 Kinetek Recent Development
10.7 Shenyang Bluelight
10.7.1 Shenyang Bluelight Company Information
10.7.2 Shenyang Bluelight Introduction and Business Overview
10.7.3 Shenyang Bluelight Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Shenyang Bluelight Traction Wheels Products Offered
10.7.5 Shenyang Bluelight Recent Development
10.8 Hitachi
10.8.1 Hitachi Company Information
10.8.2 Hitachi Introduction and Business Overview
10.8.3 Hitachi Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hitachi Traction Wheels Products Offered
10.8.5 Hitachi Recent Development
10.9 Mitsubishi Electric
10.9.1 Mitsubishi Electric Company Information
10.9.2 Mitsubishi Electric Introduction and Business Overview
10.9.3 Mitsubishi Electric Traction Wheels Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mitsubishi Electric Traction Wheels Products Offered
10.9.5 Mitsubishi Electric Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Traction Wheels Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Traction Wheels Industrial Chain Analysis
11.4 Traction Wheels Market Dynamics
11.4.1 Traction Wheels Industry Trends
11.4.2 Traction Wheels Market Drivers
11.4.3 Traction Wheels Market Challenges
11.4.4 Traction Wheels Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Traction Wheels Distributors
12.3 Traction Wheels Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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