Smart Traction Systems Boost Elevator Efficiency as Tianhongyi Expands Globally

The Heart of Modern Elevators A traction system is responsible for moving the elevator car by using friction between ropes and a drive sheave, powered by an electric motor. Compared to traditional ...
Pensacola News Journal

Top Elevator Gearless Traction Machine Manufacturer Drives Industry Innovation with Advanced Technology

NANJING CITY, JIANGSU PROVINCE, CHINA, January 21, 2026 /EINPresswire.com/ — The global elevator industry continues to evolve as manufacturers focus on energy ...
Yahoo Finance

Gearless Elevator Traction Motor Industry Report 2026-2035: A $7.25+ Billion Market by 2030 with Hitachi, Siemens, Thyssenkrupp, Mitsubishi, Toshiba, Nidec, Otis, Schindler ...

Dublin, Feb. 27, 2026 (GLOBE NEWSWIRE) -- The "Gearless Elevator Traction Motor Market Report 2026" has been added to ResearchAndMarkets.com's offering. The gearless elevator traction motor market has ...
Yahoo Finance

Gearless Elevator Traction Motor Market Report 2025: A Projected $7.07 Billion Market by 2029

Dublin, July 17, 2025 (GLOBE NEWSWIRE) -- The "Gearless Elevator Traction Motor Market Report 2025" has been added to ResearchAndMarkets.com's offering. The gearless elevator traction motor market is ...