Global Residential Elevators Market Growth 2025-2031

Publication ID:

LPI07252257

Publication Date:

July 2, 2025

Pages:

136

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturers [2]

Machinery [3]

Industry & Manufacturing [4]

Description:

The global Residential Elevators market size is predicted to grow from US$ 1620 million in 2025 to US$ 2031 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.
This report studies the Residential Elevators market, residential elevators are a type of elevators installed in residential. Residential Elevators include platform lifts, Cabin lifts and wheelchair lifts.
Global Residential Elevators key players include ThyssenKrupp, Otis, Mitsubishi, Hitachi, Cibes, etc. Global top five manufacturers hold a share about 35%. Europe is the largest market, with a share about 50%, followed by North America, with a share about 30 percent. In terms of product, Platform Lifts is the largest segment, with a share about 50%. And in terms of application, the largest application is Private Home, followed by Public Space.
The 鈥淩esidential Elevators Industry Forecast鈥� looks at past sales and reviews total world Residential Elevators sales in 2024, providing a comprehensive analysis by region and market sector of projected Residential Elevators sales for 2025 through 2031. With Residential Elevators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residential Elevators industry.
This Insight Report provides a comprehensive analysis of the global Residential 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 Residential Elevators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Residential Elevators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residential 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 Residential Elevators.
This report presents a comprehensive overview, market shares, and growth opportunities of Residential Elevators market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Platform Lifts
Cabin Lifts
Other Lifts
Segmentation by Application:
Private Home
Public Space
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.
ThyssenKrupp
Otis
Mitsubishi
Hitachi
Cibes
Aritco
Stannah
Fujitec
RAM Manufacturing
Orona
Kone
Inclinator
Yungtay Engineering
Terry Lifts
Barduva
Yuncheng
Kleeman
Dongnan
Sigma
Canny Elevator
Key Questions Addressed in this Report
What is the 10-year outlook for the global Residential Elevators market?
What factors are driving Residential Elevators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Residential Elevators market opportunities vary by end market size?
How does Residential 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.

Table Of Contents:

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 Residential Elevators Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Residential Elevators by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Residential Elevators by Country/Region, 2020, 2024 & 2031
2.2 Residential Elevators Segment by Type
2.2.1 Platform Lifts
2.2.2 Cabin Lifts
2.2.3 Other Lifts
2.3 Residential Elevators Sales by Type
2.3.1 Global Residential Elevators Sales Market Share by Type (2020-2025)
2.3.2 Global Residential Elevators Revenue and Market Share by Type (2020-2025)
2.3.3 Global Residential Elevators Sale Price by Type (2020-2025)
2.4 Residential Elevators Segment by Application
2.4.1 Private Home
2.4.2 Public Space
2.5 Residential Elevators Sales by Application
2.5.1 Global Residential Elevators Sale Market Share by Application (2020-2025)
2.5.2 Global Residential Elevators Revenue and Market Share by Application (2020-2025)
2.5.3 Global Residential Elevators Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Residential Elevators Breakdown Data by Company
3.1.1 Global Residential Elevators Annual Sales by Company (2020-2025)
3.1.2 Global Residential Elevators Sales Market Share by Company (2020-2025)
3.2 Global Residential Elevators Annual Revenue by Company (2020-2025)
3.2.1 Global Residential Elevators Revenue by Company (2020-2025)
3.2.2 Global Residential Elevators Revenue Market Share by Company (2020-2025)
3.3 Global Residential Elevators Sale Price by Company
3.4 Key Manufacturers Residential Elevators Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Residential Elevators Product Location Distribution
3.4.2 Players Residential 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 Residential Elevators by Geographic Region
4.1 World Historic Residential Elevators Market Size by Geographic Region (2020-2025)
4.1.1 Global Residential Elevators Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Residential Elevators Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Residential Elevators Market Size by Country/Region (2020-2025)
4.2.1 Global Residential Elevators Annual Sales by Country/Region (2020-2025)
4.2.2 Global Residential Elevators Annual Revenue by Country/Region (2020-2025)
4.3 Americas Residential Elevators Sales Growth
4.4 APAC Residential Elevators Sales Growth
4.5 Europe Residential Elevators Sales Growth
4.6 Middle East & Africa Residential Elevators Sales Growth
5 Americas
5.1 Americas Residential Elevators Sales by Country
5.1.1 Americas Residential Elevators Sales by Country (2020-2025)
5.1.2 Americas Residential Elevators Revenue by Country (2020-2025)
5.2 Americas Residential Elevators Sales by Type (2020-2025)
5.3 Americas Residential Elevators Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Residential Elevators Sales by Region
6.1.1 APAC Residential Elevators Sales by Region (2020-2025)
6.1.2 APAC Residential Elevators Revenue by Region (2020-2025)
6.2 APAC Residential Elevators Sales by Type (2020-2025)
6.3 APAC Residential 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 Residential Elevators by Country
7.1.1 Europe Residential Elevators Sales by Country (2020-2025)
7.1.2 Europe Residential Elevators Revenue by Country (2020-2025)
7.2 Europe Residential Elevators Sales by Type (2020-2025)
7.3 Europe Residential 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 Residential Elevators by Country
8.1.1 Middle East & Africa Residential Elevators Sales by Country (2020-2025)
8.1.2 Middle East & Africa Residential Elevators Revenue by Country (2020-2025)
8.2 Middle East & Africa Residential Elevators Sales by Type (2020-2025)
8.3 Middle East & Africa Residential 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 Residential Elevators
10.3 Manufacturing Process Analysis of Residential Elevators
10.4 Industry Chain Structure of Residential Elevators
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Residential Elevators Distributors
11.3 Residential Elevators Customer
12 World Forecast Review for Residential Elevators by Geographic Region
12.1 Global Residential Elevators Market Size Forecast by Region
12.1.1 Global Residential Elevators Forecast by Region (2026-2031)
12.1.2 Global Residential 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 Residential Elevators Forecast by Type (2026-2031)
12.7 Global Residential Elevators Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 ThyssenKrupp
13.1.1 ThyssenKrupp Company Information
13.1.2 ThyssenKrupp Residential Elevators Product Portfolios and Specifications
13.1.3 ThyssenKrupp Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 ThyssenKrupp Main Business Overview
13.1.5 ThyssenKrupp Latest Developments
13.2 Otis
13.2.1 Otis Company Information
13.2.2 Otis Residential Elevators Product Portfolios and Specifications
13.2.3 Otis Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Otis Main Business Overview
13.2.5 Otis Latest Developments
13.3 Mitsubishi
13.3.1 Mitsubishi Company Information
13.3.2 Mitsubishi Residential Elevators Product Portfolios and Specifications
13.3.3 Mitsubishi Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Mitsubishi Main Business Overview
13.3.5 Mitsubishi Latest Developments
13.4 Hitachi
13.4.1 Hitachi Company Information
13.4.2 Hitachi Residential Elevators Product Portfolios and Specifications
13.4.3 Hitachi Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Hitachi Main Business Overview
13.4.5 Hitachi Latest Developments
13.5 Cibes
13.5.1 Cibes Company Information
13.5.2 Cibes Residential Elevators Product Portfolios and Specifications
13.5.3 Cibes Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Cibes Main Business Overview
13.5.5 Cibes Latest Developments
13.6 Aritco
13.6.1 Aritco Company Information
13.6.2 Aritco Residential Elevators Product Portfolios and Specifications
13.6.3 Aritco Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Aritco Main Business Overview
13.6.5 Aritco Latest Developments
13.7 Stannah
13.7.1 Stannah Company Information
13.7.2 Stannah Residential Elevators Product Portfolios and Specifications
13.7.3 Stannah Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Stannah Main Business Overview
13.7.5 Stannah Latest Developments
13.8 Fujitec
13.8.1 Fujitec Company Information
13.8.2 Fujitec Residential Elevators Product Portfolios and Specifications
13.8.3 Fujitec Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Fujitec Main Business Overview
13.8.5 Fujitec Latest Developments
13.9 RAM Manufacturing
13.9.1 RAM Manufacturing Company Information
13.9.2 RAM Manufacturing Residential Elevators Product Portfolios and Specifications
13.9.3 RAM Manufacturing Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 RAM Manufacturing Main Business Overview
13.9.5 RAM Manufacturing Latest Developments
13.10 Orona
13.10.1 Orona Company Information
13.10.2 Orona Residential Elevators Product Portfolios and Specifications
13.10.3 Orona Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Orona Main Business Overview
13.10.5 Orona Latest Developments
13.11 Kone
13.11.1 Kone Company Information
13.11.2 Kone Residential Elevators Product Portfolios and Specifications
13.11.3 Kone Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Kone Main Business Overview
13.11.5 Kone Latest Developments
13.12 Inclinator
13.12.1 Inclinator Company Information
13.12.2 Inclinator Residential Elevators Product Portfolios and Specifications
13.12.3 Inclinator Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Inclinator Main Business Overview
13.12.5 Inclinator Latest Developments
13.13 Yungtay Engineering
13.13.1 Yungtay Engineering Company Information
13.13.2 Yungtay Engineering Residential Elevators Product Portfolios and Specifications
13.13.3 Yungtay Engineering Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Yungtay Engineering Main Business Overview
13.13.5 Yungtay Engineering Latest Developments
13.14 Terry Lifts
13.14.1 Terry Lifts Company Information
13.14.2 Terry Lifts Residential Elevators Product Portfolios and Specifications
13.14.3 Terry Lifts Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Terry Lifts Main Business Overview
13.14.5 Terry Lifts Latest Developments
13.15 Barduva
13.15.1 Barduva Company Information
13.15.2 Barduva Residential Elevators Product Portfolios and Specifications
13.15.3 Barduva Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Barduva Main Business Overview
13.15.5 Barduva Latest Developments
13.16 Yuncheng
13.16.1 Yuncheng Company Information
13.16.2 Yuncheng Residential Elevators Product Portfolios and Specifications
13.16.3 Yuncheng Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Yuncheng Main Business Overview
13.16.5 Yuncheng Latest Developments
13.17 Kleeman
13.17.1 Kleeman Company Information
13.17.2 Kleeman Residential Elevators Product Portfolios and Specifications
13.17.3 Kleeman Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Kleeman Main Business Overview
13.17.5 Kleeman Latest Developments
13.18 Dongnan
13.18.1 Dongnan Company Information
13.18.2 Dongnan Residential Elevators Product Portfolios and Specifications
13.18.3 Dongnan Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Dongnan Main Business Overview
13.18.5 Dongnan Latest Developments
13.19 Sigma
13.19.1 Sigma Company Information
13.19.2 Sigma Residential Elevators Product Portfolios and Specifications
13.19.3 Sigma Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Sigma Main Business Overview
13.19.5 Sigma Latest Developments
13.20 Canny Elevator
13.20.1 Canny Elevator Company Information
13.20.2 Canny Elevator Residential Elevators Product Portfolios and Specifications
13.20.3 Canny Elevator Residential Elevators Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Canny Elevator Main Business Overview
13.20.5 Canny Elevator Latest Developments
14 Research Findings and Conclusion

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