An Elevator, also called Lift in British English, is a type of transport equipment that efficiently carries passengers or freight between the levels of multistory building. Most modern elevators are propelled by electric motors, with the aid of a counterweight, through a system of cables and sheaves (pulleys). By opening the way to higher buildings, the elevator played a decisive role in creating the characteristic urban geography of many modern cities, especially in the United States, and promises to fill an indispensable role in future city development.
In generally, elevators include the escalators and the moving walkways. An escalator is a moving staircase used as transportation between floors or levels in subways, buildings, and other mass pedestrian areas. A moving walkway or moving sidewalk, travellator, is a slow moving conveyor mechanism that transports passengers across a horizontal or inclined plane over a short to medium distance. The different between the escalator and the moving walkway is the former has stairs and the latter is a flat or slant apron without stairs.
The global Elevator market was valued at US$ 39520 million in 2023 and is anticipated to reach US$ 43920 million by 2030, witnessing a CAGR of 1.5% during the forecast period 2024-2030.
The major players in global elevator market include Otis, Schindler, ThyssenKrupp, etc. The top 3 players occupy about 45% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Elevator is the main type, with a share about 80%. Residential area is the main application, which holds a share about 60%.
This report aims to provide a comprehensive presentation of the global market for Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator.
Report Scope
The Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Syney Electric
Dongnan Elevator
Segment by Type
Elevator
Escalator
Moving Walkway
Segment by Application
Residential Area
Commercial Office
Transportation Hub
Industrial Area
Production by Region
North America
Europe
China
Japan
South Korea
China Taiwan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Elevator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Elevator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Elevator Market Overview
1.1 Product Definition
1.2 Elevator Segment by Type
1.2.1 Global Elevator Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Elevator
1.2.3 Escalator
1.2.4 Moving Walkway
1.3 Elevator Segment by Application
1.3.1 Global Elevator Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential Area
1.3.3 Commercial Office
1.3.4 Transportation Hub
1.3.5 Industrial Area
1.4 Global Market Growth Prospects
1.4.1 Global Elevator Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Elevator Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Elevator Production Estimates and Forecasts (2019-2030)
1.4.4 Global Elevator Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator Production Market Share by Manufacturers (2019-2024)
2.2 Global Elevator Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Elevator, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Elevator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Elevator Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Elevator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator, Product Offered and Application
2.8 Global Key Manufacturers of Elevator, Date of Enter into This Industry
2.9 Elevator Market Competitive Situation and Trends
2.9.1 Elevator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator Production by Region
3.1 Global Elevator Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Elevator Production Value by Region (2019-2030)
3.2.1 Global Elevator Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Elevator by Region (2025-2030)
3.3 Global Elevator Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Elevator Production by Region (2019-2030)
3.4.1 Global Elevator Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Elevator by Region (2025-2030)
3.5 Global Elevator Market Price Analysis by Region (2019-2024)
3.6 Global Elevator Production and Value, Year-over-Year Growth
3.6.1 North America Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.6 China Taiwan Elevator Production Value Estimates and Forecasts (2019-2030)
4 Elevator Consumption by Region
4.1 Global Elevator Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Elevator Consumption by Region (2019-2030)
4.2.1 Global Elevator Consumption by Region (2019-2024)
4.2.2 Global Elevator Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Elevator Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Elevator Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Elevator Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Elevator Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Elevator Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Elevator Production by Type (2019-2030)
5.1.1 Global Elevator Production by Type (2019-2024)
5.1.2 Global Elevator Production by Type (2025-2030)
5.1.3 Global Elevator Production Market Share by Type (2019-2030)
5.2 Global Elevator Production Value by Type (2019-2030)
5.2.1 Global Elevator Production Value by Type (2019-2024)
5.2.2 Global Elevator Production Value by Type (2025-2030)
5.2.3 Global Elevator Production Value Market Share by Type (2019-2030)
5.3 Global Elevator Price by Type (2019-2030)
6 Segment by Application
6.1 Global Elevator Production by Application (2019-2030)
6.1.1 Global Elevator Production by Application (2019-2024)
6.1.2 Global Elevator Production by Application (2025-2030)
6.1.3 Global Elevator Production Market Share by Application (2019-2030)
6.2 Global Elevator Production Value by Application (2019-2030)
6.2.1 Global Elevator Production Value by Application (2019-2024)
6.2.2 Global Elevator Production Value by Application (2025-2030)
6.2.3 Global Elevator Production Value Market Share by Application (2019-2030)
6.3 Global Elevator Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Elevator Corporation Information
7.1.2 Otis Elevator Product Portfolio
7.1.3 Otis Elevator Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Otis Main Business and Markets Served
7.1.5 Otis Recent Developments/Updates
7.2 Kone
7.2.1 Kone Elevator Corporation Information
7.2.2 Kone Elevator Product Portfolio
7.2.3 Kone Elevator Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Kone Main Business and Markets Served
7.2.5 Kone Recent Developments/Updates
7.3 Schindler
7.3.1 Schindler Elevator Corporation Information
7.3.2 Schindler Elevator Product Portfolio
7.3.3 Schindler Elevator Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Schindler Main Business and Markets Served
7.3.5 Schindler Recent Developments/Updates
7.4 Mitsubishi Electric
7.4.1 Mitsubishi Electric Elevator Corporation Information
7.4.2 Mitsubishi Electric Elevator Product Portfolio
7.4.3 Mitsubishi Electric Elevator Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Electric Main Business and Markets Served
7.4.5 Mitsubishi Electric Recent Developments/Updates
7.5 TK Elevator
7.5.1 TK Elevator Elevator Corporation Information
7.5.2 TK Elevator Elevator Product Portfolio
7.5.3 TK Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TK Elevator Main Business and Markets Served
7.5.5 TK Elevator Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi Elevator Corporation Information
7.6.2 Hitachi Elevator Product Portfolio
7.6.3 Hitachi Elevator Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Toshiba
7.7.1 Toshiba Elevator Corporation Information
7.7.2 Toshiba Elevator Product Portfolio
7.7.3 Toshiba Elevator Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.8 Hyundai
7.8.1 Hyundai Elevator Corporation Information
7.8.2 Hyundai Elevator Product Portfolio
7.8.3 Hyundai Elevator Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hyundai Main Business and Markets Served
7.7.5 Hyundai Recent Developments/Updates
7.9 Hangzhou XiOlift
7.9.1 Hangzhou XiOlift Elevator Corporation Information
7.9.2 Hangzhou XiOlift Elevator Product Portfolio
7.9.3 Hangzhou XiOlift Elevator Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Hangzhou XiOlift Main Business and Markets Served
7.9.5 Hangzhou XiOlift Recent Developments/Updates
7.10 Fujitec
7.10.1 Fujitec Elevator Corporation Information
7.10.2 Fujitec Elevator Product Portfolio
7.10.3 Fujitec Elevator Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Fujitec Main Business and Markets Served
7.10.5 Fujitec Recent Developments/Updates
7.11 Yungtay Engineering
7.11.1 Yungtay Engineering Elevator Corporation Information
7.11.2 Yungtay Engineering Elevator Product Portfolio
7.11.3 Yungtay Engineering Elevator Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Yungtay Engineering Main Business and Markets Served
7.11.5 Yungtay Engineering Recent Developments/Updates
7.12 Canny Elevator
7.12.1 Canny Elevator Elevator Corporation Information
7.12.2 Canny Elevator Elevator Product Portfolio
7.12.3 Canny Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Canny Elevator Main Business and Markets Served
7.12.5 Canny Elevator Recent Developments/Updates
7.13 Volkslift
7.13.1 Volkslift Elevator Corporation Information
7.13.2 Volkslift Elevator Product Portfolio
7.13.3 Volkslift Elevator Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Volkslift Main Business and Markets Served
7.13.5 Volkslift Recent Developments/Updates
7.14 Guangri Elevator
7.14.1 Guangri Elevator Elevator Corporation Information
7.14.2 Guangri Elevator Elevator Product Portfolio
7.14.3 Guangri Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Guangri Elevator Main Business and Markets Served
7.14.5 Guangri Elevator Recent Developments/Updates
7.15 SJEC
7.15.1 SJEC Elevator Corporation Information
7.15.2 SJEC Elevator Product Portfolio
7.15.3 SJEC Elevator Production, Value, Price and Gross Margin (2019-2024)
7.15.4 SJEC Main Business and Markets Served
7.15.5 SJEC Recent Developments/Updates
7.16 Edunburgh Elevator
7.16.1 Edunburgh Elevator Elevator Corporation Information
7.16.2 Edunburgh Elevator Elevator Product Portfolio
7.16.3 Edunburgh Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Edunburgh Elevator Main Business and Markets Served
7.16.5 Edunburgh Elevator Recent Developments/Updates
7.17 IFE Elevators
7.17.1 IFE Elevators Elevator Corporation Information
7.17.2 IFE Elevators Elevator Product Portfolio
7.17.3 IFE Elevators Elevator Production, Value, Price and Gross Margin (2019-2024)
7.17.4 IFE Elevators Main Business and Markets Served
7.17.5 IFE Elevators Recent Developments/Updates
7.18 Meilun Elevator
7.18.1 Meilun Elevator Elevator Corporation Information
7.18.2 Meilun Elevator Elevator Product Portfolio
7.18.3 Meilun Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Meilun Elevator Main Business and Markets Served
7.18.5 Meilun Elevator Recent Developments/Updates
7.19 Suzhou Diao
7.19.1 Suzhou Diao Elevator Corporation Information
7.19.2 Suzhou Diao Elevator Product Portfolio
7.19.3 Suzhou Diao Elevator Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Suzhou Diao Main Business and Markets Served
7.19.5 Suzhou Diao Recent Developments/Updates
7.20 CNYD
7.20.1 CNYD Elevator Corporation Information
7.20.2 CNYD Elevator Product Portfolio
7.20.3 CNYD Elevator Production, Value, Price and Gross Margin (2019-2024)
7.20.4 CNYD Main Business and Markets Served
7.20.5 CNYD Recent Developments/Updates
7.21 Syney Electric
7.21.1 Syney Electric Elevator Corporation Information
7.21.2 Syney Electric Elevator Product Portfolio
7.21.3 Syney Electric Elevator Production, Value, Price and Gross Margin (2019-2024)
7.21.4 Syney Electric Main Business and Markets Served
7.21.5 Syney Electric Recent Developments/Updates
7.22 Dongnan Elevator
7.22.1 Dongnan Elevator Elevator Corporation Information
7.22.2 Dongnan Elevator Elevator Product Portfolio
7.22.3 Dongnan Elevator Elevator Production, Value, Price and Gross Margin (2019-2024)
7.22.4 Dongnan Elevator Main Business and Markets Served
7.22.5 Dongnan Elevator Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator Industry Chain Analysis
8.2 Elevator Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator Production Mode & Process
8.4 Elevator Sales and Marketing
8.4.1 Elevator Sales Channels
8.4.2 Elevator Distributors
8.5 Elevator Customers
9 Elevator Market Dynamics
9.1 Elevator Industry Trends
9.2 Elevator Market Drivers
9.3 Elevator Market Challenges
9.4 Elevator Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 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
Syney Electric
Dongnan Elevator
听
听
*If Applicable.