| Product Code: ETC6893692 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Cyprus saw a significant increase in import shipments of elevator motors in 2024, with top exporting countries being China, Italy, India, Germany, and Belgium. The market concentration, as measured by the HHI, rose from high to very high in 2024, indicating a more consolidated market. The impressive compound annual growth rate (CAGR) of 27.22% from 2020 to 2024 highlights the strong expansion of the market. Moreover, the remarkable growth rate of 98.6% from 2023 to 2024 suggests a rapid acceleration in demand for elevator motors in Cyprus.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Elevator Motors Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Elevator Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Elevator Motors Market - Industry Life Cycle |
3.4 Cyprus Elevator Motors Market - Porter's Five Forces |
3.5 Cyprus Elevator Motors Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Cyprus Elevator Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Cyprus Elevator Motors Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Elevator Motors Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Elevator Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Elevator Motors Market Trends |
6 Cyprus Elevator Motors Market, By Types |
6.1 Cyprus Elevator Motors Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Elevator Motors Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Cyprus Elevator Motors Market Revenues & Volume, By AC Motors, 2021- 2031F |
6.1.4 Cyprus Elevator Motors Market Revenues & Volume, By DC Motors, 2021- 2031F |
6.2 Cyprus Elevator Motors Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Elevator Motors Market Revenues & Volume, By Geared Traction Motors, 2021- 2031F |
6.2.3 Cyprus Elevator Motors Market Revenues & Volume, By Gearless Traction Motors, 2021- 2031F |
6.3 Cyprus Elevator Motors Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Elevator Motors Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Cyprus Elevator Motors Market Revenues & Volume, By Commercial, 2021- 2031F |
6.4 Cyprus Elevator Motors Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Elevator Motors Market Revenues & Volume, By Online, 2021- 2031F |
6.4.3 Cyprus Elevator Motors Market Revenues & Volume, By Offline, 2021- 2031F |
6.4.4 Cyprus Elevator Motors Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.4.5 Cyprus Elevator Motors Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Cyprus Elevator Motors Market Import-Export Trade Statistics |
7.1 Cyprus Elevator Motors Market Export to Major Countries |
7.2 Cyprus Elevator Motors Market Imports from Major Countries |
8 Cyprus Elevator Motors Market Key Performance Indicators |
9 Cyprus Elevator Motors Market - Opportunity Assessment |
9.1 Cyprus Elevator Motors Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Cyprus Elevator Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Cyprus Elevator Motors Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Elevator Motors Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Elevator Motors Market - Competitive Landscape |
10.1 Cyprus Elevator Motors Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Elevator Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |