The global market for elevator traction machine will grow at a CAGR of 1.9% by 2022, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application (residential, commercial, industrial, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America). The report covers forecast and analysis for the elevator traction machine market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the elevator traction machine market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the elevator traction machine market on a global level. The report has been prepared based on the synthesis, analysis, and interpretation of information about the global elevator traction machine market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile. Demand for this market rises from the residential, commercial, industrial, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global elevator traction machine market. Key Applications – Residential – Commercial – Industrial Key Regions – North America – Europe – Asia Pacific – Middle East and Africa – South America Key Vendors – Hitachi – Kinetek – Kone – Mitsubishi Electric – Otis – Shenyang Bluelight – Suzhou Dengdao – Suzhou Torin – Xizi Forvorda – request free sample to get a complete list of companies Key Questions Answered in this Report – What will the market size be in 2022? – What are the key factors driving the global elevator traction machine market? – What are the challenges to market growth? – Who are the key players in the elevator traction machine market? – What are the market opportunities and threats faced by the key players?