Global Mid-rise Elevators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Mid-rise Elevators Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Mid-rise Elevators market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Mid-rise elevators are elevator systems designed specifically for buildings with a moderate number of floors, typically ranging from 5 to 12 stories. They provide vertical transportation for mid-rise buildings such as schools, hospitals, hotels, and small to medium-sized commercial buildings.



Mid-rise elevators are typically faster and have higher weight capacities compared to low-rise elevators. They often come with advanced features such as automatic doors, floor selection panels, and energy-saving options.These elevators adhere to the same safety standards as high-rise elevators and incorporate safety features like emergency stop buttons, door sensors, and backup power systems to ensure passenger safety.With modern technological advancements, mid-rise elevators now offer more flexibility in terms of design, space requirements, and customization options. They can be designed as machine room-less elevators, allowing for more efficient use of building space. Additionally, they can be tailored to suit specific architectural and aesthetic requirements of the building.Proper maintenance and regular inspections are important to ensure the safe and efficient operation of mid-rise elevators. Routine maintenance includes checking and lubricating moving parts, inspecting electrical systems, and testing safety devices.

The Global Info Research report includes an overview of the development of the Mid-rise Elevators industry chain, the market status of Residential (Freight Elevator, Passenger Elevator), Commercial (Freight Elevator, Passenger Elevator), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Mid-rise Elevators.

Regionally, the report analyzes the Mid-rise Elevators markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Mid-rise Elevators market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Mid-rise Elevators market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Mid-rise Elevators industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Freight Elevator, Passenger Elevator).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Mid-rise Elevators market.

Regional Analysis: The report involves examining the Mid-rise Elevators market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Mid-rise Elevators market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Mid-rise Elevators:

Company Analysis: Report covers individual Mid-rise Elevators manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Mid-rise Elevators This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Residential, Commercial).

Technology Analysis: Report covers specific technologies relevant to Mid-rise Elevators. It assesses the current state, advancements, and potential future developments in Mid-rise Elevators areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Mid-rise Elevators market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Mid-rise Elevators market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Freight Elevator
Passenger Elevator

Market segment by Application
Residential
Commercial
Industrial

Major players covered
Otis
Schindler Group
ThyssenKrupp
Kone
Mitsubishi Electric
Toshiba
Hitachi
Fujitec
Hyundai
Yungtay Engineering
Canny Elevator
Volkslift
Syney Elevator
Sicher Elevator
SJEC
Guangri Elevator
Hangzhou XiOlift
Edunburgh Elevator
Suzhou Diao
CNYD
Meilun Elevator
IFE Elevators
Joylive Elevator
Dongnan Elevator

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Mid-rise Elevators product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Mid-rise Elevators, with price, sales, revenue and global market share of Mid-rise Elevators from 2019 to 2024.

Chapter 3, the Mid-rise Elevators competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Mid-rise Elevators breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Mid-rise Elevators market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Mid-rise Elevators.

Chapter 14 and 15, to describe Mid-rise Elevators sales channel, distributors, customers, research findings and conclusion.