

The global Rail Transit Elevator 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.
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.
The “Rail Transit Elevator Industry Forecast” looks at past sales and reviews total world Rail Transit Elevator sales in 2024, providing a comprehensive analysis by region and market sector of projected Rail Transit Elevator sales for 2025 through 2031. With Rail Transit Elevator sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rail Transit Elevator industry.
This Insight Report provides a comprehensive analysis of the global Rail Transit Elevator 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 Rail Transit Elevator portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rail Transit Elevator market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rail Transit Elevator 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 Rail Transit Elevator.
This report presents a comprehensive overview, market shares, and growth opportunities of Rail Transit Elevator market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Elevator
Escalator
Moving Walkway
Segmentation by Application:
Subway Station
Railway Station
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Rail Transit Elevator market?
What factors are driving Rail Transit Elevator market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Rail Transit Elevator market opportunities vary by end market size?
How does Rail Transit Elevator break out by Type, by Application?
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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 Rail Transit Elevator Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Rail Transit Elevator by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Rail Transit Elevator by Country/Region, 2020, 2024 & 2031
2.2 Rail Transit Elevator Segment by Type
2.2.1 Elevator
2.2.2 Escalator
2.2.3 Moving Walkway
2.3 Rail Transit Elevator Sales by Type
2.3.1 Global Rail Transit Elevator Sales Market Share by Type (2020-2025)
2.3.2 Global Rail Transit Elevator Revenue and Market Share by Type (2020-2025)
2.3.3 Global Rail Transit Elevator Sale Price by Type (2020-2025)
2.4 Rail Transit Elevator Segment by Application
2.4.1 Subway Station
2.4.2 Railway Station
2.5 Rail Transit Elevator Sales by Application
2.5.1 Global Rail Transit Elevator Sale Market Share by Application (2020-2025)
2.5.2 Global Rail Transit Elevator Revenue and Market Share by Application (2020-2025)
2.5.3 Global Rail Transit Elevator Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Rail Transit Elevator Breakdown Data by Company
3.1.1 Global Rail Transit Elevator Annual Sales by Company (2020-2025)
3.1.2 Global Rail Transit Elevator Sales Market Share by Company (2020-2025)
3.2 Global Rail Transit Elevator Annual Revenue by Company (2020-2025)
3.2.1 Global Rail Transit Elevator Revenue by Company (2020-2025)
3.2.2 Global Rail Transit Elevator Revenue Market Share by Company (2020-2025)
3.3 Global Rail Transit Elevator Sale Price by Company
3.4 Key Manufacturers Rail Transit Elevator Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Rail Transit Elevator Product Location Distribution
3.4.2 Players Rail Transit Elevator 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 Rail Transit Elevator by Geographic Region
4.1 World Historic Rail Transit Elevator Market Size by Geographic Region (2020-2025)
4.1.1 Global Rail Transit Elevator Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Rail Transit Elevator Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Rail Transit Elevator Market Size by Country/Region (2020-2025)
4.2.1 Global Rail Transit Elevator Annual Sales by Country/Region (2020-2025)
4.2.2 Global Rail Transit Elevator Annual Revenue by Country/Region (2020-2025)
4.3 Americas Rail Transit Elevator Sales Growth
4.4 APAC Rail Transit Elevator Sales Growth
4.5 Europe Rail Transit Elevator Sales Growth
4.6 Middle East & Africa Rail Transit Elevator Sales Growth
5 Americas
5.1 Americas Rail Transit Elevator Sales by Country
5.1.1 Americas Rail Transit Elevator Sales by Country (2020-2025)
5.1.2 Americas Rail Transit Elevator Revenue by Country (2020-2025)
5.2 Americas Rail Transit Elevator Sales by Type (2020-2025)
5.3 Americas Rail Transit Elevator Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Rail Transit Elevator Sales by Region
6.1.1 APAC Rail Transit Elevator Sales by Region (2020-2025)
6.1.2 APAC Rail Transit Elevator Revenue by Region (2020-2025)
6.2 APAC Rail Transit Elevator Sales by Type (2020-2025)
6.3 APAC Rail Transit Elevator 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 Rail Transit Elevator by Country
7.1.1 Europe Rail Transit Elevator Sales by Country (2020-2025)
7.1.2 Europe Rail Transit Elevator Revenue by Country (2020-2025)
7.2 Europe Rail Transit Elevator Sales by Type (2020-2025)
7.3 Europe Rail Transit Elevator 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 Rail Transit Elevator by Country
8.1.1 Middle East & Africa Rail Transit Elevator Sales by Country (2020-2025)
8.1.2 Middle East & Africa Rail Transit Elevator Revenue by Country (2020-2025)
8.2 Middle East & Africa Rail Transit Elevator Sales by Type (2020-2025)
8.3 Middle East & Africa Rail Transit Elevator 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 Rail Transit Elevator
10.3 Manufacturing Process Analysis of Rail Transit Elevator
10.4 Industry Chain Structure of Rail Transit Elevator
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Rail Transit Elevator Distributors
11.3 Rail Transit Elevator Customer
12 World Forecast Review for Rail Transit Elevator by Geographic Region
12.1 Global Rail Transit Elevator Market Size Forecast by Region
12.1.1 Global Rail Transit Elevator Forecast by Region (2026-2031)
12.1.2 Global Rail Transit Elevator 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 Rail Transit Elevator Forecast by Type (2026-2031)
12.7 Global Rail Transit Elevator Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Otis
13.1.1 Otis Company Information
13.1.2 Otis Rail Transit Elevator Product Portfolios and Specifications
13.1.3 Otis Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Otis Main Business Overview
13.1.5 Otis Latest Developments
13.2 Kone
13.2.1 Kone Company Information
13.2.2 Kone Rail Transit Elevator Product Portfolios and Specifications
13.2.3 Kone Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Kone Main Business Overview
13.2.5 Kone Latest Developments
13.3 Schindler
13.3.1 Schindler Company Information
13.3.2 Schindler Rail Transit Elevator Product Portfolios and Specifications
13.3.3 Schindler Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Schindler Main Business Overview
13.3.5 Schindler Latest Developments
13.4 Mitsubishi Electric
13.4.1 Mitsubishi Electric Company Information
13.4.2 Mitsubishi Electric Rail Transit Elevator Product Portfolios and Specifications
13.4.3 Mitsubishi Electric Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Mitsubishi Electric Main Business Overview
13.4.5 Mitsubishi Electric Latest Developments
13.5 TK Elevator
13.5.1 TK Elevator Company Information
13.5.2 TK Elevator Rail Transit Elevator Product Portfolios and Specifications
13.5.3 TK Elevator Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 TK Elevator Main Business Overview
13.5.5 TK Elevator Latest Developments
13.6 Hitachi
13.6.1 Hitachi Company Information
13.6.2 Hitachi Rail Transit Elevator Product Portfolios and Specifications
13.6.3 Hitachi Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hitachi Main Business Overview
13.6.5 Hitachi Latest Developments
13.7 Toshiba
13.7.1 Toshiba Company Information
13.7.2 Toshiba Rail Transit Elevator Product Portfolios and Specifications
13.7.3 Toshiba Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Toshiba Main Business Overview
13.7.5 Toshiba Latest Developments
13.8 Hyundai
13.8.1 Hyundai Company Information
13.8.2 Hyundai Rail Transit Elevator Product Portfolios and Specifications
13.8.3 Hyundai Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Hyundai Main Business Overview
13.8.5 Hyundai Latest Developments
13.9 Hangzhou XiOlift
13.9.1 Hangzhou XiOlift Company Information
13.9.2 Hangzhou XiOlift Rail Transit Elevator Product Portfolios and Specifications
13.9.3 Hangzhou XiOlift Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Hangzhou XiOlift Main Business Overview
13.9.5 Hangzhou XiOlift Latest Developments
13.10 Fujitec
13.10.1 Fujitec Company Information
13.10.2 Fujitec Rail Transit Elevator Product Portfolios and Specifications
13.10.3 Fujitec Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Fujitec Main Business Overview
13.10.5 Fujitec Latest Developments
13.11 Yungtay Engineering
13.11.1 Yungtay Engineering Company Information
13.11.2 Yungtay Engineering Rail Transit Elevator Product Portfolios and Specifications
13.11.3 Yungtay Engineering Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Yungtay Engineering Main Business Overview
13.11.5 Yungtay Engineering Latest Developments
13.12 Canny Elevator
13.12.1 Canny Elevator Company Information
13.12.2 Canny Elevator Rail Transit Elevator Product Portfolios and Specifications
13.12.3 Canny Elevator Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Canny Elevator Main Business Overview
13.12.5 Canny Elevator Latest Developments
13.13 Volkslift
13.13.1 Volkslift Company Information
13.13.2 Volkslift Rail Transit Elevator Product Portfolios and Specifications
13.13.3 Volkslift Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Volkslift Main Business Overview
13.13.5 Volkslift Latest Developments
13.14 Guangri Elevator
13.14.1 Guangri Elevator Company Information
13.14.2 Guangri Elevator Rail Transit Elevator Product Portfolios and Specifications
13.14.3 Guangri Elevator Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Guangri Elevator Main Business Overview
13.14.5 Guangri Elevator Latest Developments
13.15 SJEC
13.15.1 SJEC Company Information
13.15.2 SJEC Rail Transit Elevator Product Portfolios and Specifications
13.15.3 SJEC Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 SJEC Main Business Overview
13.15.5 SJEC Latest Developments
13.16 Edunburgh Elevator
13.16.1 Edunburgh Elevator Company Information
13.16.2 Edunburgh Elevator Rail Transit Elevator Product Portfolios and Specifications
13.16.3 Edunburgh Elevator Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Edunburgh Elevator Main Business Overview
13.16.5 Edunburgh Elevator Latest Developments
13.17 IFE Elevators
13.17.1 IFE Elevators Company Information
13.17.2 IFE Elevators Rail Transit Elevator Product Portfolios and Specifications
13.17.3 IFE Elevators Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 IFE Elevators Main Business Overview
13.17.5 IFE Elevators Latest Developments
13.18 Meilun Elevator
13.18.1 Meilun Elevator Company Information
13.18.2 Meilun Elevator Rail Transit Elevator Product Portfolios and Specifications
13.18.3 Meilun Elevator Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Meilun Elevator Main Business Overview
13.18.5 Meilun Elevator Latest Developments
13.19 Suzhou Diao
13.19.1 Suzhou Diao Company Information
13.19.2 Suzhou Diao Rail Transit Elevator Product Portfolios and Specifications
13.19.3 Suzhou Diao Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Suzhou Diao Main Business Overview
13.19.5 Suzhou Diao Latest Developments
13.20 CNYD
13.20.1 CNYD Company Information
13.20.2 CNYD Rail Transit Elevator Product Portfolios and Specifications
13.20.3 CNYD Rail Transit Elevator Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 CNYD Main Business Overview
13.20.5 CNYD Latest Developments
14 Research Findings and Conclusion
*If Applicable.