Global Elevators Competitive Landscape Professional Research Report 2025
Research Summary
Elevators, also known as lifts in some regions, are mechanical transportation devices used to vertically move people, goods, or vehicles within buildings or structures. They consist of a car or platform that travels up and down along a vertical shaft, guided by a system of rails or guides. Elevators are equipped with a motor and a control system that enables precise control of the car＇s movement, allowing passengers or cargo to be efficiently transported between different floors of a building. They play a crucial role in modern urban infrastructure, enhancing accessibility, convenience, and efficiency in multi-story buildings, and come in various types, including passenger elevators, freight elevators, and specialized elevators for specific purposes such as wheelchair accessibility or high-speed transportation in skyscrapers.
According to DIResearch's in-depth investigation and research, the global Elevators market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Elevators include Otis, Kone, Schindler, Mitsubishi Electric, TK Elevator, Hitachi, Toshiba, Hyundai, Hangzhou XiOlift, Fujitec, Yungtay Engineering, Canny Elevator, Volkslift, Guangri Elevator, SJEC, Edunburgh Elevator, Meilun Elevator, IFE Elevators, Suzhou Diao, CNYD, Syney Electric, Dongnan Elevator etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Elevators. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Elevators market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Elevators market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Elevators industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Elevators Include:
Otis
Kone
Schindler
Mitsubishi Electric
TK Elevator
Hitachi
Toshiba
Hyundai
Hangzhou XiOlift
Fujitec
Yungtay Engineering
Canny Elevator
Volkslift
Guangri Elevator
SJEC
Edunburgh Elevator
Meilun Elevator
IFE Elevators
Suzhou Diao
CNYD
Syney Electric
Dongnan Elevator
Elevators Product Segment Include:
Elevator
Escalator
Moving Walkway
Elevators Product Application Include:
Residential Area
Commercial Office
Transportation Hub
Industrial Area
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Elevators Industry PESTEL Analysis
Chapter 3: Global Elevators Industry Porter’s Five Forces Analysis
Chapter 4: Global Elevators Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Elevators Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Elevators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Elevators Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
- 1 Elevators Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Elevators Product by Type
- 1.2.1 Elevator
- 1.2.2 Escalator
- 1.2.3 Moving Walkway
- 1.3 Elevators Product by Application
- 1.3.1 Residential Area
- 1.3.2 Commercial Office
- 1.3.3 Transportation Hub
- 1.3.4 Industrial Area
- 1.4 Global Elevators Market Revenue and Sales Analysis
- 1.4.1 Global Elevators Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Elevators Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Elevators Market Sales Price Trend Analysis (2020-2032)
- 1.5 Elevators Industry Trends and Innovation
- 1.5.1 Elevators Industry Trends and Innovation
- 1.5.2 Elevators Market Drivers and Challenges
- 2 Elevators Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Elevators Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Elevators Market Analysis by Regions
- 4.1 Elevators Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Elevators Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Elevators Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Elevators Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global Elevators Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global Elevators Sales and Market Share by Region (2020-2025)
- 4.3.2 Global Elevators Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global Elevators Sales Price Trend Analysis (2020-2032)
- 5 Global Elevators Market Size by Type and Application
- 5.1 Global Elevators Market Size by Type
- 5.1.1 Global Elevators Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global Elevators Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global Elevators Market Size by Application
- 5.2.1 Global Elevators Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global Elevators Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America Elevators Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Elevators Market Size by Type
- 6.3.1 North America Elevators Sales by Type (2020-2032)
- 6.3.2 North America Elevators Revenue by Type (2020-2032)
- 6.4 North America Elevators Market Size by Application
- 6.4.1 North America Elevators Sales by Application (2020-2032)
- 6.4.2 North America Elevators Revenue by Application (2020-2032)
- 6.5 North America Elevators Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Elevators Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Elevators Market Size by Type
- 7.3.1 Europe Elevators Sales by Type (2020-2032)
- 7.3.2 Europe Elevators Revenue by Type (2020-2032)
- 7.4 Europe Elevators Market Size by Application
- 7.4.1 Europe Elevators Sales by Application (2020-2032)
- 7.4.2 Europe Elevators Revenue by Application (2020-2032)
- 7.5 Europe Elevators Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Elevators Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Elevators Market Size by Type
- 8.3.1 China Elevators Sales by Type (2020-2032)
- 8.3.2 China Elevators Revenue by Type (2020-2032)
- 8.4 China Elevators Market Size by Application
- 8.4.1 China Elevators Sales by Application (2020-2032)
- 8.4.2 China Elevators Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Elevators Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Elevators Market Size by Type
- 9.3.1 APAC (excl. China) Elevators Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) Elevators Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) Elevators Market Size by Application
- 9.4.1 APAC (excl. China) Elevators Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) Elevators Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) Elevators Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Elevators Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Elevators Market Size by Type
- 10.3.1 Latin America Elevators Sales by Type (2020-2032)
- 10.3.2 Latin America Elevators Revenue by Type (2020-2032)
- 10.4 Latin America Elevators Market Size by Application
- 10.4.1 Latin America Elevators Sales by Application (2020-2032)
- 10.4.2 Latin America Elevators Revenue by Application (2020-2032)
- 10.5 Latin America Elevators Market Size by Country
- 10.6 Latin America Elevators Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Elevators Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Elevators Market Size by Type
- 11.3.1 Middle East & Africa Elevators Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa Elevators Revenue by Type (2020-2032)
- 11.4 Middle East & Africa Elevators Market Size by Application
- 11.4.1 Middle East & Africa Elevators Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa Elevators Revenue by Application (2020-2032)
- 11.5 Middle East Elevators Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Elevators Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global Elevators Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global Elevators Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global Elevators Average Sales Price by Manufacturers (2021-2025)
- 12.2 Elevators Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Elevators Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Otis
- 13.1.1 Otis Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Otis Elevators Product Portfolio
- 13.1.3 Otis Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 Kone
- 13.2.1 Kone Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Kone Elevators Product Portfolio
- 13.2.3 Kone Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 Schindler
- 13.3.1 Schindler Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 Schindler Elevators Product Portfolio
- 13.3.3 Schindler Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 Mitsubishi Electric
- 13.4.1 Mitsubishi Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Mitsubishi Electric Elevators Product Portfolio
- 13.4.3 Mitsubishi Electric Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 TK Elevator
- 13.5.1 TK Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 TK Elevator Elevators Product Portfolio
- 13.5.3 TK Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Hitachi
- 13.6.1 Hitachi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Hitachi Elevators Product Portfolio
- 13.6.3 Hitachi Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 Toshiba
- 13.7.1 Toshiba Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Toshiba Elevators Product Portfolio
- 13.7.3 Toshiba Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 Hyundai
- 13.8.1 Hyundai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 Hyundai Elevators Product Portfolio
- 13.8.3 Hyundai Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 Hangzhou XiOlift
- 13.9.1 Hangzhou XiOlift Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Hangzhou XiOlift Elevators Product Portfolio
- 13.9.3 Hangzhou XiOlift Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 Fujitec
- 13.10.1 Fujitec Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Fujitec Elevators Product Portfolio
- 13.10.3 Fujitec Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 Yungtay Engineering
- 13.11.1 Yungtay Engineering Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Yungtay Engineering Elevators Product Portfolio
- 13.11.3 Yungtay Engineering Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.12 Canny Elevator
- 13.12.1 Canny Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.12.2 Canny Elevator Elevators Product Portfolio
- 13.12.3 Canny Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.13 Volkslift
- 13.13.1 Volkslift Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.13.2 Volkslift Elevators Product Portfolio
- 13.13.3 Volkslift Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.14 Guangri Elevator
- 13.14.1 Guangri Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.14.2 Guangri Elevator Elevators Product Portfolio
- 13.14.3 Guangri Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.15 SJEC
- 13.15.1 SJEC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.15.2 SJEC Elevators Product Portfolio
- 13.15.3 SJEC Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.16 Edunburgh Elevator
- 13.16.1 Edunburgh Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.16.2 Edunburgh Elevator Elevators Product Portfolio
- 13.16.3 Edunburgh Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.17 Meilun Elevator
- 13.17.1 Meilun Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.17.2 Meilun Elevator Elevators Product Portfolio
- 13.17.3 Meilun Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.18 IFE Elevators
- 13.18.1 IFE Elevators Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.18.2 IFE Elevators Elevators Product Portfolio
- 13.18.3 IFE Elevators Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.19 Suzhou Diao
- 13.19.1 Suzhou Diao Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.19.2 Suzhou Diao Elevators Product Portfolio
- 13.19.3 Suzhou Diao Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.20 CNYD
- 13.20.1 CNYD Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.20.2 CNYD Elevators Product Portfolio
- 13.20.3 CNYD Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.21 Syney Electric
- 13.21.1 Syney Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.21.2 Syney Electric Elevators Product Portfolio
- 13.21.3 Syney Electric Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.22 Dongnan Elevator
- 13.22.1 Dongnan Elevator Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.22.2 Dongnan Elevator Elevators Product Portfolio
- 13.22.3 Dongnan Elevator Elevators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Elevators Industry Chain Analysis
- 14.2 Elevators Industry Raw Material and Suppliers Analysis
- 14.2.1 Elevators Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Elevators Typical Downstream Customers
- 14.4 Elevators Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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