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Global Traction Wheels Market Growth 2025-2031

Published Oct 11, 2025
Length 101 Pages
SKU # LPI20464988

Description

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

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.

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

This Insight Report provides a comprehensive analysis of the global Traction Wheels 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 Wheels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Traction Wheels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traction Wheels 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 Wheels.

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

Segmentation by Type:
Direct Current
Alternating Current

Segmentation by Application:
Mall
Office Building
Public Places
Others

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.
Otis
Xizi Forvorda
Suzhou Torin
Suzhou Dengdao
Kone
Kinetek
Shenyang Bluelight
Hitachi
Mitsubishi Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Traction Wheels market?

What factors are driving Traction Wheels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Traction Wheels market opportunities vary by end market size?

How does Traction Wheels break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

101 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Traction Wheels by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Traction Wheels by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
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