Market Trends and Developments

Product Definition: By Elevator Technology

• Traction machinery is the most commonly used machinery in elevators. These elevators are equipped with geared and gearless traction machines driven by AC or DC motors. Traction elevators dominated the Malaysia Elevators &

Escalators Market over the past few years, and the trend is expected to continue during the forecast period as well.

These elevators have the ability to work at an extensive speed and high capacity. Traction elevators are commonly used in the residential and retail sectors of the country.

• Furthermore, traction elevators occupy less space in buildings. Owing to rising demand for energy-efficient elevators and increasing ecological concerns, the volume share of traction machinery-equipped elevators is projected to increase in the upcoming period.

• Hydraulic machinery pumps liquid which provides power in lifting the load upwards and settling down with its weight.

These types of machinery are driven by a piston that travels inside a cylinder. This setup is mainly used in industrial units due to its efficient load-bearing capacity. As these lifts carry a large amount of weight, the speed of the lifts drastically slows down at 1m/s. With the increased usage of green and smart elevators, which are cost-efficient, the share of hydraulic-equipped elevators is anticipated to decline in the Malaysia Elevators & Escalator Market during the forecast period.

• A machine room-less (MRL) elevator does not have a separate room for housing the elevator's motor. The speciallydesigned motor is installed directly in the hoistway, either at the top or bottom of the shaft. In many ways, an MRL elevator looks like a "normal" elevator. The lift may be traction or hydraulic machine.