The global Rail Transit Elevator market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
A Rail Transit Elevator, also known as a Metro Elevator or Subway Elevator, is a specialized type of elevator system designed and installed in railway transit stations, particularly in underground metro or subway systems. These elevators provide vertical transportation between the street level or station entrance and the platforms or concourse levels where passengers can board or disembark from trains.
According to data released by the National Bureau of Statistics, China"s elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world"s largest elevator producer and consumer. More than 70% of the world"s elevator manufacturing business were in Chinese mainland, and 60%-65% of the world"s elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report is a detailed and comprehensive analysis for global Rail Transit Elevator market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Rail Transit Elevator market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Rail Transit Elevator market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Rail Transit Elevator market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Rail Transit Elevator market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Rail Transit Elevator
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Rail Transit Elevator market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis, Kone, Schindler, Mitsubishi Electric, TK Elevator, Hitachi, Toshiba, Hyundai, Hangzhou XiOlift, Fujitec, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Rail Transit Elevator market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Elevator
Escalator
Moving Walkway
Market segment by Application
Subway Station
Railway Station
Major players covered
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Yungtay Engineering
Canny Elevator
Volkslift
Guangri Elevator
SJEC
Edunburgh Elevator
IFE Elevators
Meilun Elevator
Suzhou Diao
CNYD
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Rail Transit Elevator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Rail Transit Elevator, with price, sales quantity, revenue, and global market share of Rail Transit Elevator from 2020 to 2025.
Chapter 3, the Rail Transit Elevator competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Rail Transit Elevator breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Rail Transit Elevator market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Rail Transit Elevator.
Chapter 14 and 15, to describe Rail Transit Elevator sales channel, distributors, customers, research findings and conclusion.
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1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Rail Transit Elevator Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 Elevator
1.3.3 Escalator
1.3.4 Moving Walkway
1.4 Market Analysis by Application
1.4.1 Overview: Global Rail Transit Elevator Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Subway Station
1.4.3 Railway Station
1.5 Global Rail Transit Elevator Market Size & Forecast
1.5.1 Global Rail Transit Elevator Consumption Value (2020 & 2024 & 2031)
1.5.2 Global Rail Transit Elevator Sales Quantity (2020-2031)
1.5.3 Global Rail Transit Elevator Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Otis
2.1.1 Otis Details
2.1.2 Otis Major Business
2.1.3 Otis Rail Transit Elevator Product and Services
2.1.4 Otis Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Otis Recent Developments/Updates
2.2 Kone
2.2.1 Kone Details
2.2.2 Kone Major Business
2.2.3 Kone Rail Transit Elevator Product and Services
2.2.4 Kone Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Kone Recent Developments/Updates
2.3 Schindler
2.3.1 Schindler Details
2.3.2 Schindler Major Business
2.3.3 Schindler Rail Transit Elevator Product and Services
2.3.4 Schindler Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 Schindler Recent Developments/Updates
2.4 Mitsubishi Electric
2.4.1 Mitsubishi Electric Details
2.4.2 Mitsubishi Electric Major Business
2.4.3 Mitsubishi Electric Rail Transit Elevator Product and Services
2.4.4 Mitsubishi Electric Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Mitsubishi Electric Recent Developments/Updates
2.5 TK Elevator
2.5.1 TK Elevator Details
2.5.2 TK Elevator Major Business
2.5.3 TK Elevator Rail Transit Elevator Product and Services
2.5.4 TK Elevator Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 TK Elevator Recent Developments/Updates
2.6 Hitachi
2.6.1 Hitachi Details
2.6.2 Hitachi Major Business
2.6.3 Hitachi Rail Transit Elevator Product and Services
2.6.4 Hitachi Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Hitachi Recent Developments/Updates
2.7 Toshiba
2.7.1 Toshiba Details
2.7.2 Toshiba Major Business
2.7.3 Toshiba Rail Transit Elevator Product and Services
2.7.4 Toshiba Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Toshiba Recent Developments/Updates
2.8 Hyundai
2.8.1 Hyundai Details
2.8.2 Hyundai Major Business
2.8.3 Hyundai Rail Transit Elevator Product and Services
2.8.4 Hyundai Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 Hyundai Recent Developments/Updates
2.9 Hangzhou XiOlift
2.9.1 Hangzhou XiOlift Details
2.9.2 Hangzhou XiOlift Major Business
2.9.3 Hangzhou XiOlift Rail Transit Elevator Product and Services
2.9.4 Hangzhou XiOlift Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 Hangzhou XiOlift Recent Developments/Updates
2.10 Fujitec
2.10.1 Fujitec Details
2.10.2 Fujitec Major Business
2.10.3 Fujitec Rail Transit Elevator Product and Services
2.10.4 Fujitec Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Fujitec Recent Developments/Updates
2.11 Yungtay Engineering
2.11.1 Yungtay Engineering Details
2.11.2 Yungtay Engineering Major Business
2.11.3 Yungtay Engineering Rail Transit Elevator Product and Services
2.11.4 Yungtay Engineering Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Yungtay Engineering Recent Developments/Updates
2.12 Canny Elevator
2.12.1 Canny Elevator Details
2.12.2 Canny Elevator Major Business
2.12.3 Canny Elevator Rail Transit Elevator Product and Services
2.12.4 Canny Elevator Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Canny Elevator Recent Developments/Updates
2.13 Volkslift
2.13.1 Volkslift Details
2.13.2 Volkslift Major Business
2.13.3 Volkslift Rail Transit Elevator Product and Services
2.13.4 Volkslift Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 Volkslift Recent Developments/Updates
2.14 Guangri Elevator
2.14.1 Guangri Elevator Details
2.14.2 Guangri Elevator Major Business
2.14.3 Guangri Elevator Rail Transit Elevator Product and Services
2.14.4 Guangri Elevator Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Guangri Elevator Recent Developments/Updates
2.15 SJEC
2.15.1 SJEC Details
2.15.2 SJEC Major Business
2.15.3 SJEC Rail Transit Elevator Product and Services
2.15.4 SJEC Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 SJEC Recent Developments/Updates
2.16 Edunburgh Elevator
2.16.1 Edunburgh Elevator Details
2.16.2 Edunburgh Elevator Major Business
2.16.3 Edunburgh Elevator Rail Transit Elevator Product and Services
2.16.4 Edunburgh Elevator Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Edunburgh Elevator Recent Developments/Updates
2.17 IFE Elevators
2.17.1 IFE Elevators Details
2.17.2 IFE Elevators Major Business
2.17.3 IFE Elevators Rail Transit Elevator Product and Services
2.17.4 IFE Elevators Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 IFE Elevators Recent Developments/Updates
2.18 Meilun Elevator
2.18.1 Meilun Elevator Details
2.18.2 Meilun Elevator Major Business
2.18.3 Meilun Elevator Rail Transit Elevator Product and Services
2.18.4 Meilun Elevator Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Meilun Elevator Recent Developments/Updates
2.19 Suzhou Diao
2.19.1 Suzhou Diao Details
2.19.2 Suzhou Diao Major Business
2.19.3 Suzhou Diao Rail Transit Elevator Product and Services
2.19.4 Suzhou Diao Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 Suzhou Diao Recent Developments/Updates
2.20 CNYD
2.20.1 CNYD Details
2.20.2 CNYD Major Business
2.20.3 CNYD Rail Transit Elevator Product and Services
2.20.4 CNYD Rail Transit Elevator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.20.5 CNYD Recent Developments/Updates
3 Competitive Environment: Rail Transit Elevator by Manufacturer
3.1 Global Rail Transit Elevator Sales Quantity by Manufacturer (2020-2025)
3.2 Global Rail Transit Elevator Revenue by Manufacturer (2020-2025)
3.3 Global Rail Transit Elevator Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of Rail Transit Elevator by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 Rail Transit Elevator Manufacturer Market Share in 2024
3.4.3 Top 6 Rail Transit Elevator Manufacturer Market Share in 2024
3.5 Rail Transit Elevator Market: Overall Company Footprint Analysis
3.5.1 Rail Transit Elevator Market: Region Footprint
3.5.2 Rail Transit Elevator Market: Company Product Type Footprint
3.5.3 Rail Transit Elevator Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Rail Transit Elevator Market Size by Region
4.1.1 Global Rail Transit Elevator Sales Quantity by Region (2020-2031)
4.1.2 Global Rail Transit Elevator Consumption Value by Region (2020-2031)
4.1.3 Global Rail Transit Elevator Average Price by Region (2020-2031)
4.2 North America Rail Transit Elevator Consumption Value (2020-2031)
4.3 Europe Rail Transit Elevator Consumption Value (2020-2031)
4.4 Asia-Pacific Rail Transit Elevator Consumption Value (2020-2031)
4.5 South America Rail Transit Elevator Consumption Value (2020-2031)
4.6 Middle East & Africa Rail Transit Elevator Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global Rail Transit Elevator Sales Quantity by Type (2020-2031)
5.2 Global Rail Transit Elevator Consumption Value by Type (2020-2031)
5.3 Global Rail Transit Elevator Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global Rail Transit Elevator Sales Quantity by Application (2020-2031)
6.2 Global Rail Transit Elevator Consumption Value by Application (2020-2031)
6.3 Global Rail Transit Elevator Average Price by Application (2020-2031)
7 North America
7.1 North America Rail Transit Elevator Sales Quantity by Type (2020-2031)
7.2 North America Rail Transit Elevator Sales Quantity by Application (2020-2031)
7.3 North America Rail Transit Elevator Market Size by Country
7.3.1 North America Rail Transit Elevator Sales Quantity by Country (2020-2031)
7.3.2 North America Rail Transit Elevator Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe Rail Transit Elevator Sales Quantity by Type (2020-2031)
8.2 Europe Rail Transit Elevator Sales Quantity by Application (2020-2031)
8.3 Europe Rail Transit Elevator Market Size by Country
8.3.1 Europe Rail Transit Elevator Sales Quantity by Country (2020-2031)
8.3.2 Europe Rail Transit Elevator Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific Rail Transit Elevator Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Rail Transit Elevator Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Rail Transit Elevator Market Size by Region
9.3.1 Asia-Pacific Rail Transit Elevator Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific Rail Transit Elevator Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America Rail Transit Elevator Sales Quantity by Type (2020-2031)
10.2 South America Rail Transit Elevator Sales Quantity by Application (2020-2031)
10.3 South America Rail Transit Elevator Market Size by Country
10.3.1 South America Rail Transit Elevator Sales Quantity by Country (2020-2031)
10.3.2 South America Rail Transit Elevator Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa Rail Transit Elevator Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Rail Transit Elevator Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Rail Transit Elevator Market Size by Country
11.3.1 Middle East & Africa Rail Transit Elevator Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa Rail Transit Elevator Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 Rail Transit Elevator Market Drivers
12.2 Rail Transit Elevator Market Restraints
12.3 Rail Transit Elevator Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of Rail Transit Elevator and Key Manufacturers
13.2 Manufacturing Costs Percentage of Rail Transit Elevator
13.3 Rail Transit Elevator Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Rail Transit Elevator Typical Distributors
14.3 Rail Transit Elevator Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Yungtay Engineering
Canny Elevator
Volkslift
Guangri Elevator
SJEC
Edunburgh Elevator
IFE Elevators
Meilun Elevator
Suzhou Diao
CNYD
听
听
*If Applicable.