

The global Hydraulic Drive Elevators 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.
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.
The “Hydraulic Drive Elevators Industry Forecast” looks at past sales and reviews total world Hydraulic Drive Elevators sales in 2024, providing a comprehensive analysis by region and market sector of projected Hydraulic Drive Elevators sales for 2025 through 2031. With Hydraulic Drive Elevators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydraulic Drive Elevators industry.
This Insight Report provides a comprehensive analysis of the global Hydraulic Drive Elevators 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 Hydraulic Drive Elevators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydraulic Drive Elevators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydraulic Drive Elevators 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 Hydraulic Drive Elevators.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Drive Elevators market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Hydraulic Passenger Elevator
Hydraulic Freight Elevator
Segmentation by Application:
Commercial
Residential
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.
Kone
Schumacher Elevator
Toshiba
Otis
Thyssenkrupp
Mitsubishi
Hitachi
TK Elevator
Schindler
Vintec
Fujitec
Hyundai
DNDT
Koood Elevator
IGV
Yungtay Engineering
Sicher Elevator
DAZO Elevator
Joylive Elevator
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydraulic Drive Elevators market?
What factors are driving Hydraulic Drive Elevators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydraulic Drive Elevators market opportunities vary by end market size?
How does Hydraulic Drive Elevators break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Hydraulic Drive Elevators Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Hydraulic Drive Elevators by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Hydraulic Drive Elevators by Country/Region, 2020, 2024 & 2031
2.2 Hydraulic Drive Elevators Segment by Type
2.2.1 Hydraulic Passenger Elevator
2.2.2 Hydraulic Freight Elevator
2.3 Hydraulic Drive Elevators Sales by Type
2.3.1 Global Hydraulic Drive Elevators Sales Market Share by Type (2020-2025)
2.3.2 Global Hydraulic Drive Elevators Revenue and Market Share by Type (2020-2025)
2.3.3 Global Hydraulic Drive Elevators Sale Price by Type (2020-2025)
2.4 Hydraulic Drive Elevators Segment by Application
2.4.1 Commercial
2.4.2 Residential
2.5 Hydraulic Drive Elevators Sales by Application
2.5.1 Global Hydraulic Drive Elevators Sale Market Share by Application (2020-2025)
2.5.2 Global Hydraulic Drive Elevators Revenue and Market Share by Application (2020-2025)
2.5.3 Global Hydraulic Drive Elevators Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Hydraulic Drive Elevators Breakdown Data by Company
3.1.1 Global Hydraulic Drive Elevators Annual Sales by Company (2020-2025)
3.1.2 Global Hydraulic Drive Elevators Sales Market Share by Company (2020-2025)
3.2 Global Hydraulic Drive Elevators Annual Revenue by Company (2020-2025)
3.2.1 Global Hydraulic Drive Elevators Revenue by Company (2020-2025)
3.2.2 Global Hydraulic Drive Elevators Revenue Market Share by Company (2020-2025)
3.3 Global Hydraulic Drive Elevators Sale Price by Company
3.4 Key Manufacturers Hydraulic Drive Elevators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Hydraulic Drive Elevators Product Location Distribution
3.4.2 Players Hydraulic Drive Elevators Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Hydraulic Drive Elevators by Geographic Region
4.1 World Historic Hydraulic Drive Elevators Market Size by Geographic Region (2020-2025)
4.1.1 Global Hydraulic Drive Elevators Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Hydraulic Drive Elevators Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Hydraulic Drive Elevators Market Size by Country/Region (2020-2025)
4.2.1 Global Hydraulic Drive Elevators Annual Sales by Country/Region (2020-2025)
4.2.2 Global Hydraulic Drive Elevators Annual Revenue by Country/Region (2020-2025)
4.3 Americas Hydraulic Drive Elevators Sales Growth
4.4 APAC Hydraulic Drive Elevators Sales Growth
4.5 Europe Hydraulic Drive Elevators Sales Growth
4.6 Middle East & Africa Hydraulic Drive Elevators Sales Growth
5 Americas
5.1 Americas Hydraulic Drive Elevators Sales by Country
5.1.1 Americas Hydraulic Drive Elevators Sales by Country (2020-2025)
5.1.2 Americas Hydraulic Drive Elevators Revenue by Country (2020-2025)
5.2 Americas Hydraulic Drive Elevators Sales by Type (2020-2025)
5.3 Americas Hydraulic Drive Elevators Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Hydraulic Drive Elevators Sales by Region
6.1.1 APAC Hydraulic Drive Elevators Sales by Region (2020-2025)
6.1.2 APAC Hydraulic Drive Elevators Revenue by Region (2020-2025)
6.2 APAC Hydraulic Drive Elevators Sales by Type (2020-2025)
6.3 APAC Hydraulic Drive Elevators Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Hydraulic Drive Elevators by Country
7.1.1 Europe Hydraulic Drive Elevators Sales by Country (2020-2025)
7.1.2 Europe Hydraulic Drive Elevators Revenue by Country (2020-2025)
7.2 Europe Hydraulic Drive Elevators Sales by Type (2020-2025)
7.3 Europe Hydraulic Drive Elevators Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Hydraulic Drive Elevators by Country
8.1.1 Middle East & Africa Hydraulic Drive Elevators Sales by Country (2020-2025)
8.1.2 Middle East & Africa Hydraulic Drive Elevators Revenue by Country (2020-2025)
8.2 Middle East & Africa Hydraulic Drive Elevators Sales by Type (2020-2025)
8.3 Middle East & Africa Hydraulic Drive Elevators Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Hydraulic Drive Elevators
10.3 Manufacturing Process Analysis of Hydraulic Drive Elevators
10.4 Industry Chain Structure of Hydraulic Drive Elevators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Hydraulic Drive Elevators Distributors
11.3 Hydraulic Drive Elevators Customer
12 World Forecast Review for Hydraulic Drive Elevators by Geographic Region
12.1 Global Hydraulic Drive Elevators Market Size Forecast by Region
12.1.1 Global Hydraulic Drive Elevators Forecast by Region (2026-2031)
12.1.2 Global Hydraulic Drive Elevators Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Hydraulic Drive Elevators Forecast by Type (2026-2031)
12.7 Global Hydraulic Drive Elevators Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Kone
13.1.1 Kone Company Information
13.1.2 Kone Hydraulic Drive Elevators Product Portfolios and Specifications
13.1.3 Kone Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Kone Main Business Overview
13.1.5 Kone Latest Developments
13.2 Schumacher Elevator
13.2.1 Schumacher Elevator Company Information
13.2.2 Schumacher Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.2.3 Schumacher Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Schumacher Elevator Main Business Overview
13.2.5 Schumacher Elevator Latest Developments
13.3 Toshiba
13.3.1 Toshiba Company Information
13.3.2 Toshiba Hydraulic Drive Elevators Product Portfolios and Specifications
13.3.3 Toshiba Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Toshiba Main Business Overview
13.3.5 Toshiba Latest Developments
13.4 Otis
13.4.1 Otis Company Information
13.4.2 Otis Hydraulic Drive Elevators Product Portfolios and Specifications
13.4.3 Otis Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Otis Main Business Overview
13.4.5 Otis Latest Developments
13.5 Thyssenkrupp
13.5.1 Thyssenkrupp Company Information
13.5.2 Thyssenkrupp Hydraulic Drive Elevators Product Portfolios and Specifications
13.5.3 Thyssenkrupp Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Thyssenkrupp Main Business Overview
13.5.5 Thyssenkrupp Latest Developments
13.6 Mitsubishi
13.6.1 Mitsubishi Company Information
13.6.2 Mitsubishi Hydraulic Drive Elevators Product Portfolios and Specifications
13.6.3 Mitsubishi Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Mitsubishi Main Business Overview
13.6.5 Mitsubishi Latest Developments
13.7 Hitachi
13.7.1 Hitachi Company Information
13.7.2 Hitachi Hydraulic Drive Elevators Product Portfolios and Specifications
13.7.3 Hitachi Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Hitachi Main Business Overview
13.7.5 Hitachi Latest Developments
13.8 TK Elevator
13.8.1 TK Elevator Company Information
13.8.2 TK Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.8.3 TK Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 TK Elevator Main Business Overview
13.8.5 TK Elevator Latest Developments
13.9 Schindler
13.9.1 Schindler Company Information
13.9.2 Schindler Hydraulic Drive Elevators Product Portfolios and Specifications
13.9.3 Schindler Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Schindler Main Business Overview
13.9.5 Schindler Latest Developments
13.10 Vintec
13.10.1 Vintec Company Information
13.10.2 Vintec Hydraulic Drive Elevators Product Portfolios and Specifications
13.10.3 Vintec Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Vintec Main Business Overview
13.10.5 Vintec Latest Developments
13.11 Fujitec
13.11.1 Fujitec Company Information
13.11.2 Fujitec Hydraulic Drive Elevators Product Portfolios and Specifications
13.11.3 Fujitec Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Fujitec Main Business Overview
13.11.5 Fujitec Latest Developments
13.12 Hyundai
13.12.1 Hyundai Company Information
13.12.2 Hyundai Hydraulic Drive Elevators Product Portfolios and Specifications
13.12.3 Hyundai Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Hyundai Main Business Overview
13.12.5 Hyundai Latest Developments
13.13 DNDT
13.13.1 DNDT Company Information
13.13.2 DNDT Hydraulic Drive Elevators Product Portfolios and Specifications
13.13.3 DNDT Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 DNDT Main Business Overview
13.13.5 DNDT Latest Developments
13.14 Koood Elevator
13.14.1 Koood Elevator Company Information
13.14.2 Koood Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.14.3 Koood Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Koood Elevator Main Business Overview
13.14.5 Koood Elevator Latest Developments
13.15 IGV
13.15.1 IGV Company Information
13.15.2 IGV Hydraulic Drive Elevators Product Portfolios and Specifications
13.15.3 IGV Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 IGV Main Business Overview
13.15.5 IGV Latest Developments
13.16 Yungtay Engineering
13.16.1 Yungtay Engineering Company Information
13.16.2 Yungtay Engineering Hydraulic Drive Elevators Product Portfolios and Specifications
13.16.3 Yungtay Engineering Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Yungtay Engineering Main Business Overview
13.16.5 Yungtay Engineering Latest Developments
13.17 Sicher Elevator
13.17.1 Sicher Elevator Company Information
13.17.2 Sicher Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.17.3 Sicher Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Sicher Elevator Main Business Overview
13.17.5 Sicher Elevator Latest Developments
13.18 DAZO Elevator
13.18.1 DAZO Elevator Company Information
13.18.2 DAZO Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.18.3 DAZO Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 DAZO Elevator Main Business Overview
13.18.5 DAZO Elevator Latest Developments
13.19 Joylive Elevator
13.19.1 Joylive Elevator Company Information
13.19.2 Joylive Elevator Hydraulic Drive Elevators Product Portfolios and Specifications
13.19.3 Joylive Elevator Hydraulic Drive Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Joylive Elevator Main Business Overview
13.19.5 Joylive Elevator Latest Developments
14 Research Findings and Conclusion
*If Applicable.