Industry Research Reports
Global Passenger Elevators Market Research Report 2025
Industry: Machinery & Equipment
Published Date: 2025-01-19
Pages: 124 Pages
Report ld: 3425047
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Passenger Elevators Market Size(US$)
CAGR 2025-2031
4.4%
Market Size,2031
USD 54,840
Million
Market Snapshot
Market Size in 2025 (Value)
US$ 42,350 million
Market Forecast in 2031(Value)
US$ 54,840 million
CAGR
4.4%
Years Considered
2020-2031
Base Year
2025
Forecast Period
2025-2031
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Passenger Elevators was valued at US$ 40740 million in the year 2024 and is projected to reach a revised size of US$ 54840 million by 2031, growing at a CAGR of 4.4% during the forecast period.
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.
This report studies Passenger Elevators.
Global Passenger Elevators key players include Kone, Otis, Schindler, etc. Global top 3 manufacturers hold a share over 42%.
Asia-Pacific is the largest market, with a sales market share about 85%, followed by Europe, and North America, both have a sales market share about 12 percent.
In terms of product, Elevator is the largest segment, with a share over 87%. And in terms of application, the largest application is Residential Area, followed by Commercial Office, Transportation Hub and Industrial Area.
MARKET SEGMENTATION
By Company
- Kone
- Otis
- Schindler
- ThyssenKrupp
- Mitsubishi Electric
- Hitachi
- Toshiba
- Hyundai
- Fujitec
- Hangzhou XiOlift
- Volkslift
- Yungtay Engineering
- Canny Elevator
- SJEC
- Guangri Elevator
- Edunburgh Elevator
- Suzhou Diao
- Meilun Elevator
- IFE Elevators
- CNYD
- Syney Elevator
- Dongnan Elevator
Consumption by Region
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Segment by Type
- Elevator
- Escalator
- Moving Walkway
Segment by Application
- Residential Area
- Commercial Office
- Transportation Hub
- Industrial Area
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Passenger Elevators, 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 Passenger Elevators.
The Passenger Elevators market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Passenger Elevators 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 Passenger Elevators 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.
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 Passenger Elevators manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Passenger Elevators 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 Passenger Elevators 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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TABLE OF CONTENTS
1 Passenger Elevators Market Overview
1.1 Product Definition
1.2 Passenger Elevators by Type
1.2.1 Global Passenger Elevators Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Elevator
1.2.3 Escalator
1.2.4 Moving Walkway
1.3 Passenger Elevators by Application
1.3.1 Global Passenger Elevators Market Value Growth Rate Analysis by Application: 2024 VS 2031
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 Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Passenger Elevators Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Passenger Elevators Production Estimates and Forecasts (2020-2031)
1.4.4 Global Passenger Elevators Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Passenger Elevators Production Market Share by Manufacturers (2020-2025)
2.2 Global Passenger Elevators Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Passenger Elevators, Industry Ranking, 2023 VS 2024
2.4 Global Passenger Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Passenger Elevators Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Passenger Elevators, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Passenger Elevators, Product Offered and Application
2.8 Global Key Manufacturers of Passenger Elevators, Date of Enter into This Industry
2.9 Passenger Elevators Market Competitive Situation and Trends
2.9.1 Passenger Elevators Market Concentration Rate
2.9.2 Global 5 and 10 Largest Passenger Elevators Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Passenger Elevators Production by Region
3.1 Global Passenger Elevators Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Passenger Elevators Production Value by Region (2020-2031)
3.2.1 Global Passenger Elevators Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Passenger Elevators by Region (2026-2031)
3.3 Global Passenger Elevators Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Passenger Elevators Production Volume by Region (2020-2031)
3.4.1 Global Passenger Elevators Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Passenger Elevators by Region (2026-2031)
3.5 Global Passenger Elevators Market Price Analysis by Region (2020-2025)
3.6 Global Passenger Elevators Production and Value, Year-over-Year Growth
3.6.1 North America Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Passenger Elevators Production Value Estimates and Forecasts (2020-2031)
4 Passenger Elevators Consumption by Region
4.1 Global Passenger Elevators Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Passenger Elevators Consumption by Region (2020-2031)
4.2.1 Global Passenger Elevators Consumption by Region (2020-2025)
4.2.2 Global Passenger Elevators Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Passenger Elevators Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Passenger Elevators Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Passenger Elevators Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Passenger Elevators Consumption by Region (2020-2031)
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 Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Passenger Elevators Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Passenger Elevators Production by Type (2020-2031)
5.1.1 Global Passenger Elevators Production by Type (2020-2025)
5.1.2 Global Passenger Elevators Production by Type (2026-2031)
5.1.3 Global Passenger Elevators Production Market Share by Type (2020-2031)
5.2 Global Passenger Elevators Production Value by Type (2020-2031)
5.2.1 Global Passenger Elevators Production Value by Type (2020-2025)
5.2.2 Global Passenger Elevators Production Value by Type (2026-2031)
5.2.3 Global Passenger Elevators Production Value Market Share by Type (2020-2031)
5.3 Global Passenger Elevators Price by Type (2020-2031)
6 Segment by Application
6.1 Global Passenger Elevators Production by Application (2020-2031)
6.1.1 Global Passenger Elevators Production by Application (2020-2025)
6.1.2 Global Passenger Elevators Production by Application (2026-2031)
6.1.3 Global Passenger Elevators Production Market Share by Application (2020-2031)
6.2 Global Passenger Elevators Production Value by Application (2020-2031)
6.2.1 Global Passenger Elevators Production Value by Application (2020-2025)
6.2.2 Global Passenger Elevators Production Value by Application (2026-2031)
6.2.3 Global Passenger Elevators Production Value Market Share by Application (2020-2031)
6.3 Global Passenger Elevators Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Kone
7.1.1 Kone Passenger Elevators Company Information
7.1.2 Kone Passenger Elevators Product Portfolio
7.1.3 Kone Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Kone Main Business and Markets Served
7.1.5 Kone Recent Developments/Updates
7.2 Otis
7.2.1 Otis Passenger Elevators Company Information
7.2.2 Otis Passenger Elevators Product Portfolio
7.2.3 Otis Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Otis Main Business and Markets Served
7.2.5 Otis Recent Developments/Updates
7.3 Schindler
7.3.1 Schindler Passenger Elevators Company Information
7.3.2 Schindler Passenger Elevators Product Portfolio
7.3.3 Schindler Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Schindler Main Business and Markets Served
7.3.5 Schindler Recent Developments/Updates
7.4 ThyssenKrupp
7.4.1 ThyssenKrupp Passenger Elevators Company Information
7.4.2 ThyssenKrupp Passenger Elevators Product Portfolio
7.4.3 ThyssenKrupp Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.4.4 ThyssenKrupp Main Business and Markets Served
7.4.5 ThyssenKrupp Recent Developments/Updates
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Passenger Elevators Company Information
7.5.2 Mitsubishi Electric Passenger Elevators Product Portfolio
7.5.3 Mitsubishi Electric Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Mitsubishi Electric Main Business and Markets Served
7.5.5 Mitsubishi Electric Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi Passenger Elevators Company Information
7.6.2 Hitachi Passenger Elevators Product Portfolio
7.6.3 Hitachi Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Toshiba
7.7.1 Toshiba Passenger Elevators Company Information
7.7.2 Toshiba Passenger Elevators Product Portfolio
7.7.3 Toshiba Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.8 Hyundai
7.8.1 Hyundai Passenger Elevators Company Information
7.8.2 Hyundai Passenger Elevators Product Portfolio
7.8.3 Hyundai Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Hyundai Main Business and Markets Served
7.8.5 Hyundai Recent Developments/Updates
7.9 Fujitec
7.9.1 Fujitec Passenger Elevators Company Information
7.9.2 Fujitec Passenger Elevators Product Portfolio
7.9.3 Fujitec Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Fujitec Main Business and Markets Served
7.9.5 Fujitec Recent Developments/Updates
7.10 Hangzhou XiOlift
7.10.1 Hangzhou XiOlift Passenger Elevators Company Information
7.10.2 Hangzhou XiOlift Passenger Elevators Product Portfolio
7.10.3 Hangzhou XiOlift Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Hangzhou XiOlift Main Business and Markets Served
7.10.5 Hangzhou XiOlift Recent Developments/Updates
7.11 Volkslift
7.11.1 Volkslift Passenger Elevators Company Information
7.11.2 Volkslift Passenger Elevators Product Portfolio
7.11.3 Volkslift Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Volkslift Main Business and Markets Served
7.11.5 Volkslift Recent Developments/Updates
7.12 Yungtay Engineering
7.12.1 Yungtay Engineering Passenger Elevators Company Information
7.12.2 Yungtay Engineering Passenger Elevators Product Portfolio
7.12.3 Yungtay Engineering Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Yungtay Engineering Main Business and Markets Served
7.12.5 Yungtay Engineering Recent Developments/Updates
7.13 Canny Elevator
7.13.1 Canny Elevator Passenger Elevators Company Information
7.13.2 Canny Elevator Passenger Elevators Product Portfolio
7.13.3 Canny Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Canny Elevator Main Business and Markets Served
7.13.5 Canny Elevator Recent Developments/Updates
7.14 SJEC
7.14.1 SJEC Passenger Elevators Company Information
7.14.2 SJEC Passenger Elevators Product Portfolio
7.14.3 SJEC Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.14.4 SJEC Main Business and Markets Served
7.14.5 SJEC Recent Developments/Updates
7.15 Guangri Elevator
7.15.1 Guangri Elevator Passenger Elevators Company Information
7.15.2 Guangri Elevator Passenger Elevators Product Portfolio
7.15.3 Guangri Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Guangri Elevator Main Business and Markets Served
7.15.5 Guangri Elevator Recent Developments/Updates
7.16 Edunburgh Elevator
7.16.1 Edunburgh Elevator Passenger Elevators Company Information
7.16.2 Edunburgh Elevator Passenger Elevators Product Portfolio
7.16.3 Edunburgh Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Edunburgh Elevator Main Business and Markets Served
7.16.5 Edunburgh Elevator Recent Developments/Updates
7.17 Suzhou Diao
7.17.1 Suzhou Diao Passenger Elevators Company Information
7.17.2 Suzhou Diao Passenger Elevators Product Portfolio
7.17.3 Suzhou Diao Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Suzhou Diao Main Business and Markets Served
7.17.5 Suzhou Diao Recent Developments/Updates
7.18 Meilun Elevator
7.18.1 Meilun Elevator Passenger Elevators Company Information
7.18.2 Meilun Elevator Passenger Elevators Product Portfolio
7.18.3 Meilun Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Meilun Elevator Main Business and Markets Served
7.18.5 Meilun Elevator Recent Developments/Updates
7.19 IFE Elevators
7.19.1 IFE Elevators Passenger Elevators Company Information
7.19.2 IFE Elevators Passenger Elevators Product Portfolio
7.19.3 IFE Elevators Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.19.4 IFE Elevators Main Business and Markets Served
7.19.5 IFE Elevators Recent Developments/Updates
7.20 CNYD
7.20.1 CNYD Passenger Elevators Company Information
7.20.2 CNYD Passenger Elevators Product Portfolio
7.20.3 CNYD Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.20.4 CNYD Main Business and Markets Served
7.20.5 CNYD Recent Developments/Updates
7.21 Syney Elevator
7.21.1 Syney Elevator Passenger Elevators Company Information
7.21.2 Syney Elevator Passenger Elevators Product Portfolio
7.21.3 Syney Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Syney Elevator Main Business and Markets Served
7.21.5 Syney Elevator Recent Developments/Updates
7.22 Dongnan Elevator
7.22.1 Dongnan Elevator Passenger Elevators Company Information
7.22.2 Dongnan Elevator Passenger Elevators Product Portfolio
7.22.3 Dongnan Elevator Passenger Elevators Production, Value, Price and Gross Margin (2020-2025)
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 Passenger Elevators Industry Chain Analysis
8.2 Passenger Elevators Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Passenger Elevators Production Mode & Process Analysis
8.4 Passenger Elevators Sales and Marketing
8.4.1 Passenger Elevators Sales Channels
8.4.2 Passenger Elevators Distributors
8.5 Passenger Elevators Customer Analysis
9 Passenger Elevators Market Dynamics
9.1 Passenger Elevators Industry Trends
9.2 Passenger Elevators Market Drivers
9.3 Passenger Elevators Market Challenges
9.4 Passenger Elevators Market Restraints
10 Research Findings 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
TABLE OF FIGURES
List of Tables
Table 1. Global Passenger Elevators Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Passenger Elevators Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Passenger Elevators Production Capacity (K Units) by Manufacturers in 2024
Table 4. Global Passenger Elevators Production by Manufacturers (2020-2025) & (K Units)
Table 5. Global Passenger Elevators Production Market Share by Manufacturers (2020-2025)
Table 6. Global Passenger Elevators Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Passenger Elevators Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Passenger Elevators, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Passenger Elevators as of 2024)
Table 10. Global Market Passenger Elevators Average Price by Manufacturers (US$/Unit) & (2020-2025)
Table 11. Global Key Manufacturers of Passenger Elevators, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Passenger Elevators, Product Offered and Application
Table 13. Global Key Manufacturers of Passenger Elevators, Date of Enter into This Industry
Table 14. Global Passenger Elevators Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Passenger Elevators Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Passenger Elevators Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Passenger Elevators Production Value Market Share by Region (2020-2025)
Table 19. Global Passenger Elevators Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Passenger Elevators Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Passenger Elevators Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
Table 22. Global Passenger Elevators Production (K Units) by Region (2020-2025)
Table 23. Global Passenger Elevators Production Market Share by Region (2020-2025)
Table 24. Global Passenger Elevators Production (K Units) Forecast by Region (2026-2031)
Table 25. Global Passenger Elevators Production Market Share Forecast by Region (2026-2031)
Table 26. Global Passenger Elevators Market Average Price (US$/Unit) by Region (2020-2025)
Table 27. Global Passenger Elevators Market Average Price (US$/Unit) by Region (2026-2031)
Table 28. Global Passenger Elevators Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
Table 29. Global Passenger Elevators Consumption by Region (2020-2025) & (K Units)
Table 30. Global Passenger Elevators Consumption Market Share by Region (2020-2025)
Table 31. Global Passenger Elevators Forecasted Consumption by Region (2026-2031) & (K Units)
Table 32. Global Passenger Elevators Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 34. North America Passenger Elevators Consumption by Country (2020-2025) & (K Units)
Table 35. North America Passenger Elevators Consumption by Country (2026-2031) & (K Units)
Table 36. Europe Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 37. Europe Passenger Elevators Consumption by Country (2020-2025) & (K Units)
Table 38. Europe Passenger Elevators Consumption by Country (2026-2031) & (K Units)
Table 39. Asia Pacific Passenger Elevators Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
Table 40. Asia Pacific Passenger Elevators Consumption by Region (2020-2025) & (K Units)
Table 41. Asia Pacific Passenger Elevators Consumption by Region (2026-2031) & (K Units)
Table 42. Latin America, Middle East & Africa Passenger Elevators Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 43. Latin America, Middle East & Africa Passenger Elevators Consumption by Country (2020-2025) & (K Units)
Table 44. Latin America, Middle East & Africa Passenger Elevators Consumption by Country (2026-2031) & (K Units)
Table 45. Global Passenger Elevators Production (K Units) by Type (2020-2025)
Table 46. Global Passenger Elevators Production (K Units) by Type (2026-2031)
Table 47. Global Passenger Elevators Production Market Share by Type (2020-2025)
Table 48. Global Passenger Elevators Production Market Share by Type (2026-2031)
Table 49. Global Passenger Elevators Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Passenger Elevators Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Passenger Elevators Production Value Market Share by Type (2020-2025)
Table 52. Global Passenger Elevators Production Value Market Share by Type (2026-2031)
Table 53. Global Passenger Elevators Price (US$/Unit) by Type (2020-2025)
Table 54. Global Passenger Elevators Price (US$/Unit) by Type (2026-2031)
Table 55. Global Passenger Elevators Production (K Units) by Application (2020-2025)
Table 56. Global Passenger Elevators Production (K Units) by Application (2026-2031)
Table 57. Global Passenger Elevators Production Market Share by Application (2020-2025)
Table 58. Global Passenger Elevators Production Market Share by Application (2026-2031)
Table 59. Global Passenger Elevators Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Passenger Elevators Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Passenger Elevators Production Value Market Share by Application (2020-2025)
Table 62. Global Passenger Elevators Production Value Market Share by Application (2026-2031)
Table 63. Global Passenger Elevators Price (US$/Unit) by Application (2020-2025)
Table 64. Global Passenger Elevators Price (US$/Unit) by Application (2026-2031)
Table 65. Kone Passenger Elevators Company Information
Table 66. Kone Passenger Elevators Specification and Application
Table 67. Kone Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 68. Kone Main Business and Markets Served
Table 69. Kone Recent Developments/Updates
Table 70. Otis Passenger Elevators Company Information
Table 71. Otis Passenger Elevators Specification and Application
Table 72. Otis Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 73. Otis Main Business and Markets Served
Table 74. Otis Recent Developments/Updates
Table 75. Schindler Passenger Elevators Company Information
Table 76. Schindler Passenger Elevators Specification and Application
Table 77. Schindler Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 78. Schindler Main Business and Markets Served
Table 79. Schindler Recent Developments/Updates
Table 80. ThyssenKrupp Passenger Elevators Company Information
Table 81. ThyssenKrupp Passenger Elevators Specification and Application
Table 82. ThyssenKrupp Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 83. ThyssenKrupp Main Business and Markets Served
Table 84. ThyssenKrupp Recent Developments/Updates
Table 85. Mitsubishi Electric Passenger Elevators Company Information
Table 86. Mitsubishi Electric Passenger Elevators Specification and Application
Table 87. Mitsubishi Electric Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 88. Mitsubishi Electric Main Business and Markets Served
Table 89. Mitsubishi Electric Recent Developments/Updates
Table 90. Hitachi Passenger Elevators Company Information
Table 91. Hitachi Passenger Elevators Specification and Application
Table 92. Hitachi Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 93. Hitachi Main Business and Markets Served
Table 94. Hitachi Recent Developments/Updates
Table 95. Toshiba Passenger Elevators Company Information
Table 96. Toshiba Passenger Elevators Specification and Application
Table 97. Toshiba Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 98. Toshiba Main Business and Markets Served
Table 99. Toshiba Recent Developments/Updates
Table 100. Hyundai Passenger Elevators Company Information
Table 101. Hyundai Passenger Elevators Specification and Application
Table 102. Hyundai Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 103. Hyundai Main Business and Markets Served
Table 104. Hyundai Recent Developments/Updates
Table 105. Fujitec Passenger Elevators Company Information
Table 106. Fujitec Passenger Elevators Specification and Application
Table 107. Fujitec Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 108. Fujitec Main Business and Markets Served
Table 109. Fujitec Recent Developments/Updates
Table 110. Hangzhou XiOlift Passenger Elevators Company Information
Table 111. Hangzhou XiOlift Passenger Elevators Specification and Application
Table 112. Hangzhou XiOlift Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 113. Hangzhou XiOlift Main Business and Markets Served
Table 114. Hangzhou XiOlift Recent Developments/Updates
Table 115. Volkslift Passenger Elevators Company Information
Table 116. Volkslift Passenger Elevators Specification and Application
Table 117. Volkslift Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 118. Volkslift Main Business and Markets Served
Table 119. Volkslift Recent Developments/Updates
Table 120. Yungtay Engineering Passenger Elevators Company Information
Table 121. Yungtay Engineering Passenger Elevators Specification and Application
Table 122. Yungtay Engineering Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 123. Yungtay Engineering Main Business and Markets Served
Table 124. Yungtay Engineering Recent Developments/Updates
Table 125. Canny Elevator Passenger Elevators Company Information
Table 126. Canny Elevator Passenger Elevators Specification and Application
Table 127. Canny Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 128. Canny Elevator Main Business and Markets Served
Table 129. Canny Elevator Recent Developments/Updates
Table 130. SJEC Passenger Elevators Company Information
Table 131. SJEC Passenger Elevators Specification and Application
Table 132. SJEC Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 133. SJEC Main Business and Markets Served
Table 134. SJEC Recent Developments/Updates
Table 135. Guangri Elevator Passenger Elevators Company Information
Table 136. Guangri Elevator Passenger Elevators Specification and Application
Table 137. Guangri Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 138. Guangri Elevator Main Business and Markets Served
Table 139. Guangri Elevator Recent Developments/Updates
Table 140. Edunburgh Elevator Passenger Elevators Company Information
Table 141. Edunburgh Elevator Passenger Elevators Specification and Application
Table 142. Edunburgh Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 143. Edunburgh Elevator Main Business and Markets Served
Table 144. Edunburgh Elevator Recent Developments/Updates
Table 145. Suzhou Diao Passenger Elevators Company Information
Table 146. Suzhou Diao Passenger Elevators Specification and Application
Table 147. Suzhou Diao Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 148. Suzhou Diao Main Business and Markets Served
Table 149. Suzhou Diao Recent Developments/Updates
Table 150. Meilun Elevator Passenger Elevators Company Information
Table 151. Meilun Elevator Passenger Elevators Specification and Application
Table 152. Meilun Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 153. Meilun Elevator Main Business and Markets Served
Table 154. Meilun Elevator Recent Developments/Updates
Table 155. IFE Elevators Passenger Elevators Company Information
Table 156. IFE Elevators Passenger Elevators Specification and Application
Table 157. IFE Elevators Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 158. IFE Elevators Main Business and Markets Served
Table 159. IFE Elevators Recent Developments/Updates
Table 160. CNYD Passenger Elevators Company Information
Table 161. CNYD Passenger Elevators Specification and Application
Table 162. CNYD Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 163. CNYD Main Business and Markets Served
Table 164. CNYD Recent Developments/Updates
Table 165. Syney Elevator Passenger Elevators Company Information
Table 166. Syney Elevator Passenger Elevators Specification and Application
Table 167. Syney Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 168. Syney Elevator Main Business and Markets Served
Table 169. Syney Elevator Recent Developments/Updates
Table 170. Dongnan Elevator Passenger Elevators Company Information
Table 171. Dongnan Elevator Passenger Elevators Specification and Application
Table 172. Dongnan Elevator Passenger Elevators Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 173. Dongnan Elevator Main Business and Markets Served
Table 174. Dongnan Elevator Recent Developments/Updates
Table 175. Key Raw Materials Lists
Table 176. Raw Materials Key Suppliers Lists
Table 177. Passenger Elevators Distributors List
Table 178. Passenger Elevators Customers List
Table 179. Passenger Elevators Market Trends
Table 180. Passenger Elevators Market Drivers
Table 181. Passenger Elevators Market Challenges
Table 182. Passenger Elevators Market Restraints
Table 183. Research Programs/Design for This Report
Table 184. Key Data Information from Secondary Sources
Table 185. Key Data Information from Primary Sources
Table 186. Authors List of This Report
List of Figures
Figure 1. Product Picture of Passenger Elevators
Figure 2. Global Passenger Elevators Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Passenger Elevators Market Share by Type: 2024 VS 2031
Figure 4. Elevator Product Picture
Figure 5. Escalator Product Picture
Figure 6. Moving Walkway Product Picture
Figure 7. Global Passenger Elevators Market Value by Application, (US$ Million) & (2020-2031)
Figure 8. Global Passenger Elevators Market Share by Application: 2024 VS 2031
Figure 9. Residential Area
Figure 10. Commercial Office
Figure 11. Transportation Hub
Figure 12. Industrial Area
Figure 13. Global Passenger Elevators Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global Passenger Elevators Production Value (US$ Million) & (2020-2031)
Figure 15. Global Passenger Elevators Production Capacity (K Units) & (2020-2031)
Figure 16. Global Passenger Elevators Production (K Units) & (2020-2031)
Figure 17. Global Passenger Elevators Average Price (US$/Unit) & (2020-2031)
Figure 18. Passenger Elevators Report Years Considered
Figure 19. Passenger Elevators Production Share by Manufacturers in 2024
Figure 20. Global Passenger Elevators Production Value Share by Manufacturers (2024)
Figure 21. Passenger Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 22. The Global 5 and 10 Largest Players: Market Share by Passenger Elevators Revenue in 2024
Figure 23. Global Passenger Elevators Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 24. Global Passenger Elevators Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 25. Global Passenger Elevators Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
Figure 26. Global Passenger Elevators Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 27. North America Passenger Elevators Production Value (US$ Million) Growth Rate (2020-2031)
Figure 28. Europe Passenger Elevators Production Value (US$ Million) Growth Rate (2020-2031)
Figure 29. China Passenger Elevators Production Value (US$ Million) Growth Rate (2020-2031)
Figure 30. Japan Passenger Elevators Production Value (US$ Million) Growth Rate (2020-2031)
Figure 31. South Korea Passenger Elevators Production Value (US$ Million) Growth Rate (2020-2031)
Figure 32. Global Passenger Elevators Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
Figure 33. Global Passenger Elevators Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 34. North America Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 35. North America Passenger Elevators Consumption Market Share by Country (2020-2031)
Figure 36. U.S. Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 37. Canada Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 38. Europe Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 39. Europe Passenger Elevators Consumption Market Share by Country (2020-2031)
Figure 40. Germany Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 41. France Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 42. U.K. Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 43. Italy Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 44. Netherlands Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 45. Asia Pacific Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 46. Asia Pacific Passenger Elevators Consumption Market Share by Region (2020-2031)
Figure 47. China Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 48. Japan Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 49. South Korea Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 50. China Taiwan Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 51. Southeast Asia Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 52. India Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 53. Latin America, Middle East & Africa Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 54. Latin America, Middle East & Africa Passenger Elevators Consumption Market Share by Country (2020-2031)
Figure 55. Mexico Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 56. Brazil Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 57. Turkey Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 58. GCC Countries Passenger Elevators Consumption and Growth Rate (2020-2031) & (K Units)
Figure 59. Global Production Market Share of Passenger Elevators by Type (2020-2031)
Figure 60. Global Production Value Market Share of Passenger Elevators by Type (2020-2031)
Figure 61. Global Passenger Elevators Price (US$/Unit) by Type (2020-2031)
Figure 62. Global Production Market Share of Passenger Elevators by Application (2020-2031)
Figure 63. Global Production Value Market Share of Passenger Elevators by Application (2020-2031)
Figure 64. Global Passenger Elevators Price (US$/Unit) by Application (2020-2031)
Figure 65. Passenger Elevators Value Chain
Figure 66. Channels of Distribution (Direct Vs Distribution)
Figure 67. Bottom-up and Top-down Approaches for This Report
Figure 68. Data Triangulation
KEY QUESTIONS ADDRESSED BY THE REPORT
What was the global market size of Passenger Elevators in 2031?
The global market size of Passenger Elevators in 2031 was 54840 Million USD.
Which companies rank high in the global Passenger Elevators market?
What was the global market size of Passenger Elevators in 2025?
What is the annual compound growth rate of the global Passenger Elevators market size from 2025 to 2031?
Which region is expected to have the highest market share?
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