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Passenger Elevators- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031

Industry: Machinery & Equipment

Published Date: 2025-01-19

Pages: 170 Pages

Report ld: 3430155

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Table of Contents
Table of Figures
Related Reports
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Industry Insights:

Passenger Elevators Market Research:GAGR is expected to be 4.5% in the next few years

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 estimated to be worth US$ 40740 million in 2024 and is forecast to a readjusted size of US$ 54840 million by 2031 with a CAGR of 4.4% during the forecast period 2025-2031.

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.

This report aims to provide a comprehensive presentation of the global market for Passenger Elevators, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Passenger Elevators by region & country, by Type, and by Application.

The Passenger Elevators market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.

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

biaoTi CHAPTER OUTLINE

Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Passenger Elevators manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: 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 4: 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 5: Sales, revenue of Passenger Elevators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Passenger Elevators in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

biaoTi QYRESEARCH'S STRENGTHS

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Product mix optimization based on local practices

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Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

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TABLE OF CONTENTS

1 Market Overview

1.1 Passenger Elevators Product Introduction

1.2 Global Passenger Elevators Market Size Forecast

1.2.1 Global Passenger Elevators Sales Value (2020-2031)

1.2.2 Global Passenger Elevators Sales Volume (2020-2031)

1.2.3 Global Passenger Elevators Sales Price (2020-2031)

1.3 Passenger Elevators Market Trends & Drivers

1.3.1 Passenger Elevators Industry Trends

1.3.2 Passenger Elevators Market Drivers & Opportunity

1.3.3 Passenger Elevators Market Challenges

1.3.4 Passenger Elevators Market Restraints

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Competitive Analysis by Company

2.1 Global Passenger Elevators Players Revenue Ranking (2024)

2.2 Global Passenger Elevators Revenue by Company (2020-2025)

2.3 Global Passenger Elevators Players Sales Volume Ranking (2024)

2.4 Global Passenger Elevators Sales Volume by Company Players (2020-2025)

2.5 Global Passenger Elevators Average Price by Company (2020-2025)

2.6 Key Manufacturers Passenger Elevators Manufacturing Base and Headquarters

2.7 Key Manufacturers Passenger Elevators Product Offered

2.8 Key Manufacturers Time to Begin Mass Production of Passenger Elevators

2.9 Passenger Elevators Market Competitive Analysis

2.9.1 Passenger Elevators Market Concentration Rate (2020-2025)

2.9.2 Global 5 and 10 Largest Manufacturers by Passenger Elevators Revenue in 2024

2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Passenger Elevators as of 2024)

2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type

3.1 Introduction by Type

3.1.1 Elevator

3.1.2 Escalator

3.1.3 Moving Walkway

3.2 Global Passenger Elevators Sales Value by Type

3.2.1 Global Passenger Elevators Sales Value by Type (2020 VS 2024 VS 2031)

3.2.2 Global Passenger Elevators Sales Value, by Type (2020-2031)

3.2.3 Global Passenger Elevators Sales Value, by Type (%) (2020-2031)

3.3 Global Passenger Elevators Sales Volume by Type

3.3.1 Global Passenger Elevators Sales Volume by Type (2020 VS 2024 VS 2031)

3.3.2 Global Passenger Elevators Sales Volume, by Type (2020-2031)

3.3.3 Global Passenger Elevators Sales Volume, by Type (%) (2020-2031)

3.4 Global Passenger Elevators Average Price by Type (2020-2031)

4 Segmentation by Application

4.1 Introduction by Application

4.1.1 Residential Area

4.1.2 Commercial Office

4.1.3 Transportation Hub

4.1.4 Industrial Area

4.2 Global Passenger Elevators Sales Value by Application

4.2.1 Global Passenger Elevators Sales Value by Application (2020 VS 2024 VS 2031)

4.2.2 Global Passenger Elevators Sales Value, by Application (2020-2031)

4.2.3 Global Passenger Elevators Sales Value, by Application (%) (2020-2031)

4.3 Global Passenger Elevators Sales Volume by Application

4.3.1 Global Passenger Elevators Sales Volume by Application (2020 VS 2024 VS 2031)

4.3.2 Global Passenger Elevators Sales Volume, by Application (2020-2031)

4.3.3 Global Passenger Elevators Sales Volume, by Application (%) (2020-2031)

4.4 Global Passenger Elevators Average Price by Application (2020-2031)

5 Segmentation by Region

5.1 Global Passenger Elevators Sales Value by Region

5.1.1 Global Passenger Elevators Sales Value by Region: 2020 VS 2024 VS 2031

5.1.2 Global Passenger Elevators Sales Value by Region (2020-2025)

5.1.3 Global Passenger Elevators Sales Value by Region (2026-2031)

5.1.4 Global Passenger Elevators Sales Value by Region (%), (2020-2031)

5.2 Global Passenger Elevators Sales Volume by Region

5.2.1 Global Passenger Elevators Sales Volume by Region: 2020 VS 2024 VS 2031

5.2.2 Global Passenger Elevators Sales Volume by Region (2020-2025)

5.2.3 Global Passenger Elevators Sales Volume by Region (2026-2031)

5.2.4 Global Passenger Elevators Sales Volume by Region (%), (2020-2031)

5.3 Global Passenger Elevators Average Price by Region (2020-2031)

5.4 North America

5.4.1 North America Passenger Elevators Sales Value, 2020-2031

5.4.2 North America Passenger Elevators Sales Value by Country (%), 2024 VS 2031

5.5 Europe

5.5.1 Europe Passenger Elevators Sales Value, 2020-2031

5.5.2 Europe Passenger Elevators Sales Value by Country (%), 2024 VS 2031

5.6 Asia Pacific

5.6.1 Asia Pacific Passenger Elevators Sales Value, 2020-2031

5.6.2 Asia Pacific Passenger Elevators Sales Value by Region (%), 2024 VS 2031

5.7 South America

5.7.1 South America Passenger Elevators Sales Value, 2020-2031

5.7.2 South America Passenger Elevators Sales Value by Country (%), 2024 VS 2031

5.8 Middle East & Africa

5.8.1 Middle East & Africa Passenger Elevators Sales Value, 2020-2031

5.8.2 Middle East & Africa Passenger Elevators Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions

6.1 Key Countries/Regions Passenger Elevators Sales Value Growth Trends, 2020 VS 2024 VS 2031

6.2 Key Countries/Regions Passenger Elevators Sales Value

6.2.1 Key Countries/Regions Passenger Elevators Sales Value, 2020-2031

6.2.2 Key Countries/Regions Passenger Elevators Sales Volume, 2020-2031

6.3 United States

6.3.1 United States Passenger Elevators Sales Value, 2020-2031

6.3.2 United States Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.3.3 United States Passenger Elevators Sales Value by Application, 2024 VS 2031

6.4 Europe

6.4.1 Europe Passenger Elevators Sales Value, 2020-2031

6.4.2 Europe Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.4.3 Europe Passenger Elevators Sales Value by Application, 2024 VS 2031

6.5 China

6.5.1 China Passenger Elevators Sales Value, 2020-2031

6.5.2 China Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.5.3 China Passenger Elevators Sales Value by Application, 2024 VS 2031

6.6 Japan

6.6.1 Japan Passenger Elevators Sales Value, 2020-2031

6.6.2 Japan Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.6.3 Japan Passenger Elevators Sales Value by Application, 2024 VS 2031

6.7 South Korea

6.7.1 South Korea Passenger Elevators Sales Value, 2020-2031

6.7.2 South Korea Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.7.3 South Korea Passenger Elevators Sales Value by Application, 2024 VS 2031

6.8 Southeast Asia

6.8.1 Southeast Asia Passenger Elevators Sales Value, 2020-2031

6.8.2 Southeast Asia Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.8.3 Southeast Asia Passenger Elevators Sales Value by Application, 2024 VS 2031

6.9 India

6.9.1 India Passenger Elevators Sales Value, 2020-2031

6.9.2 India Passenger Elevators Sales Value by Type (%), 2024 VS 2031

6.9.3 India Passenger Elevators Sales Value by Application, 2024 VS 2031

7 Company Profiles

7.1 Kone

7.1.1 Kone Company Information

7.1.2 Kone Introduction and Business Overview

7.1.3 Kone Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.1.4 Kone Passenger Elevators Product Offerings

7.1.5 Kone Recent Development

7.2 Otis

7.2.1 Otis Company Information

7.2.2 Otis Introduction and Business Overview

7.2.3 Otis Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.2.4 Otis Passenger Elevators Product Offerings

7.2.5 Otis Recent Development

7.3 Schindler

7.3.1 Schindler Company Information

7.3.2 Schindler Introduction and Business Overview

7.3.3 Schindler Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.3.4 Schindler Passenger Elevators Product Offerings

7.3.5 Schindler Recent Development

7.4 ThyssenKrupp

7.4.1 ThyssenKrupp Company Information

7.4.2 ThyssenKrupp Introduction and Business Overview

7.4.3 ThyssenKrupp Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.4.4 ThyssenKrupp Passenger Elevators Product Offerings

7.4.5 ThyssenKrupp Recent Development

7.5 Mitsubishi Electric

7.5.1 Mitsubishi Electric Company Information

7.5.2 Mitsubishi Electric Introduction and Business Overview

7.5.3 Mitsubishi Electric Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.5.4 Mitsubishi Electric Passenger Elevators Product Offerings

7.5.5 Mitsubishi Electric Recent Development

7.6 Hitachi

7.6.1 Hitachi Company Information

7.6.2 Hitachi Introduction and Business Overview

7.6.3 Hitachi Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.6.4 Hitachi Passenger Elevators Product Offerings

7.6.5 Hitachi Recent Development

7.7 Toshiba

7.7.1 Toshiba Company Information

7.7.2 Toshiba Introduction and Business Overview

7.7.3 Toshiba Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.7.4 Toshiba Passenger Elevators Product Offerings

7.7.5 Toshiba Recent Development

7.8 Hyundai

7.8.1 Hyundai Company Information

7.8.2 Hyundai Introduction and Business Overview

7.8.3 Hyundai Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.8.4 Hyundai Passenger Elevators Product Offerings

7.8.5 Hyundai Recent Development

7.9 Fujitec

7.9.1 Fujitec Company Information

7.9.2 Fujitec Introduction and Business Overview

7.9.3 Fujitec Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.9.4 Fujitec Passenger Elevators Product Offerings

7.9.5 Fujitec Recent Development

7.10 Hangzhou XiOlift

7.10.1 Hangzhou XiOlift Company Information

7.10.2 Hangzhou XiOlift Introduction and Business Overview

7.10.3 Hangzhou XiOlift Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.10.4 Hangzhou XiOlift Passenger Elevators Product Offerings

7.10.5 Hangzhou XiOlift Recent Development

7.11 Volkslift

7.11.1 Volkslift Company Information

7.11.2 Volkslift Introduction and Business Overview

7.11.3 Volkslift Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.11.4 Volkslift Passenger Elevators Product Offerings

7.11.5 Volkslift Recent Development

7.12 Yungtay Engineering

7.12.1 Yungtay Engineering Company Information

7.12.2 Yungtay Engineering Introduction and Business Overview

7.12.3 Yungtay Engineering Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.12.4 Yungtay Engineering Passenger Elevators Product Offerings

7.12.5 Yungtay Engineering Recent Development

7.13 Canny Elevator

7.13.1 Canny Elevator Company Information

7.13.2 Canny Elevator Introduction and Business Overview

7.13.3 Canny Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.13.4 Canny Elevator Passenger Elevators Product Offerings

7.13.5 Canny Elevator Recent Development

7.14 SJEC

7.14.1 SJEC Company Information

7.14.2 SJEC Introduction and Business Overview

7.14.3 SJEC Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.14.4 SJEC Passenger Elevators Product Offerings

7.14.5 SJEC Recent Development

7.15 Guangri Elevator

7.15.1 Guangri Elevator Company Information

7.15.2 Guangri Elevator Introduction and Business Overview

7.15.3 Guangri Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.15.4 Guangri Elevator Passenger Elevators Product Offerings

7.15.5 Guangri Elevator Recent Development

7.16 Edunburgh Elevator

7.16.1 Edunburgh Elevator Company Information

7.16.2 Edunburgh Elevator Introduction and Business Overview

7.16.3 Edunburgh Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.16.4 Edunburgh Elevator Passenger Elevators Product Offerings

7.16.5 Edunburgh Elevator Recent Development

7.17 Suzhou Diao

7.17.1 Suzhou Diao Company Information

7.17.2 Suzhou Diao Introduction and Business Overview

7.17.3 Suzhou Diao Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.17.4 Suzhou Diao Passenger Elevators Product Offerings

7.17.5 Suzhou Diao Recent Development

7.18 Meilun Elevator

7.18.1 Meilun Elevator Company Information

7.18.2 Meilun Elevator Introduction and Business Overview

7.18.3 Meilun Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.18.4 Meilun Elevator Passenger Elevators Product Offerings

7.18.5 Meilun Elevator Recent Development

7.19 IFE Elevators

7.19.1 IFE Elevators Company Information

7.19.2 IFE Elevators Introduction and Business Overview

7.19.3 IFE Elevators Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.19.4 IFE Elevators Passenger Elevators Product Offerings

7.19.5 IFE Elevators Recent Development

7.20 CNYD

7.20.1 CNYD Company Information

7.20.2 CNYD Introduction and Business Overview

7.20.3 CNYD Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.20.4 CNYD Passenger Elevators Product Offerings

7.20.5 CNYD Recent Development

7.21 Syney Elevator

7.21.1 Syney Elevator Company Information

7.21.2 Syney Elevator Introduction and Business Overview

7.21.3 Syney Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.21.4 Syney Elevator Passenger Elevators Product Offerings

7.21.5 Syney Elevator Recent Development

7.22 Dongnan Elevator

7.22.1 Dongnan Elevator Company Information

7.22.2 Dongnan Elevator Introduction and Business Overview

7.22.3 Dongnan Elevator Passenger Elevators Sales, Revenue, Price and Gross Margin (2020-2025)

7.22.4 Dongnan Elevator Passenger Elevators Product Offerings

7.22.5 Dongnan Elevator Recent Development

8 Industry Chain Analysis

8.1 Passenger Elevators Industrial Chain

8.2 Passenger Elevators Upstream Analysis

8.2.1 Key Raw Materials

8.2.2 Raw Materials Key Suppliers

8.2.3 Manufacturing Cost Structure

8.3 Midstream Analysis

8.4 Downstream Analysis (Customers Analysis)

8.5 Sales Model and Sales Channels

8.5.1 Passenger Elevators Sales Model

8.5.2 Sales Channel

8.5.3 Passenger Elevators Distributors

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.1.1 Research Programs/Design

10.1.1.2 Market Size Estimation

10.1.1.3 Market Breakdown and Data Triangulation

10.1.2 Data Source

10.1.2.1 Secondary Sources

10.1.2.2 Primary Sources

10.2 Author Details

10.3 Disclaimer

TABLE OF FIGURES

List of Tables

Table 1. Passenger Elevators Market Trends

Table 2. Passenger Elevators Market Drivers & Opportunity

Table 3. Passenger Elevators Market Challenges

Table 4. Passenger Elevators Market Restraints

Table 5. Global Passenger Elevators Revenue by Company (2020-2025) & (US$ Million)

Table 6. Global Passenger Elevators Revenue Market Share by Company (2020-2025)

Table 7. Global Passenger Elevators Sales Volume by Company (2020-2025) & (K Units)

Table 8. Global Passenger Elevators Sales Volume Market Share by Company (2020-2025)

Table 9. Global Market Passenger Elevators Price by Company (2020-2025) & (US$/Unit)

Table 10. Key Manufacturers Passenger Elevators Manufacturing Base and Headquarters

Table 11. Key Manufacturers Passenger Elevators Product Type

Table 12. Key Manufacturers Time to Begin Mass Production of Passenger Elevators

Table 13. Global Passenger Elevators Manufacturers Market Concentration Ratio (CR5 and HHI)

Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Passenger Elevators as of 2024)

Table 15. Mergers & Acquisitions, Expansion Plans

Table 16. Global Passenger Elevators Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)

Table 17. Global Passenger Elevators Sales Value by Type (2020-2025) & (US$ Million)

Table 18. Global Passenger Elevators Sales Value by Type (2026-2031) & (US$ Million)

Table 19. Global Passenger Elevators Sales Market Share in Value by Type (2020-2025)

Table 20. Global Passenger Elevators Sales Market Share in Value by Type (2026-2031)

Table 21. Global Passenger Elevators Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)

Table 22. Global Passenger Elevators Sales Volume by Type (2020-2025) & (K Units)

Table 23. Global Passenger Elevators Sales Volume by Type (2026-2031) & (K Units)

Table 24. Global Passenger Elevators Sales Market Share in Volume by Type (2020-2025)

Table 25. Global Passenger Elevators Sales Market Share in Volume by Type (2026-2031)

Table 26. Global Passenger Elevators Price by Type (2020-2025) & (US$/Unit)

Table 27. Global Passenger Elevators Price by Type (2026-2031) & (US$/Unit)

Table 28. Global Passenger Elevators Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)

Table 29. Global Passenger Elevators Sales Value by Application (2020-2025) & (US$ Million)

Table 30. Global Passenger Elevators Sales Value by Application (2026-2031) & (US$ Million)

Table 31. Global Passenger Elevators Sales Market Share in Value by Application (2020-2025)

Table 32. Global Passenger Elevators Sales Market Share in Value by Application (2026-2031)

Table 33. Global Passenger Elevators Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)

Table 34. Global Passenger Elevators Sales Volume by Application (2020-2025) & (K Units)

Table 35. Global Passenger Elevators Sales Volume by Application (2026-2031) & (K Units)

Table 36. Global Passenger Elevators Sales Market Share in Volume by Application (2020-2025)

Table 37. Global Passenger Elevators Sales Market Share in Volume by Application (2026-2031)

Table 38. Global Passenger Elevators Price by Application (2020-2025) & (US$/Unit)

Table 39. Global Passenger Elevators Price by Application (2026-2031) & (US$/Unit)

Table 40. Global Passenger Elevators Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)

Table 41. Global Passenger Elevators Sales Value by Region (2020-2025) & (US$ Million)

Table 42. Global Passenger Elevators Sales Value by Region (2026-2031) & (US$ Million)

Table 43. Global Passenger Elevators Sales Value by Region (2020-2025) & (%)

Table 44. Global Passenger Elevators Sales Value by Region (2026-2031) & (%)

Table 45. Global Passenger Elevators Sales Volume by Region (K Units): 2020 VS 2024 VS 2031

Table 46. Global Passenger Elevators Sales Volume by Region (2020-2025) & (K Units)

Table 47. Global Passenger Elevators Sales Volume by Region (2026-2031) & (K Units)

Table 48. Global Passenger Elevators Sales Volume by Region (2020-2025) & (%)

Table 49. Global Passenger Elevators Sales Volume by Region (2026-2031) & (%)

Table 50. Global Passenger Elevators Average Price by Region (2020-2025) & (US$/Unit)

Table 51. Global Passenger Elevators Average Price by Region (2026-2031) & (US$/Unit)

Table 52. Key Countries/Regions Passenger Elevators Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031

Table 53. Key Countries/Regions Passenger Elevators Sales Value, (2020-2025) & (US$ Million)

Table 54. Key Countries/Regions Passenger Elevators Sales Value, (2026-2031) & (US$ Million)

Table 55. Key Countries/Regions Passenger Elevators Sales Volume, (2020-2025) & (K Units)

Table 56. Key Countries/Regions Passenger Elevators Sales Volume, (2026-2031) & (K Units)

Table 57. Kone Company Information

Table 58. Kone Introduction and Business Overview

Table 59. Kone Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 60. Kone Passenger Elevators Product Offerings

Table 61. Kone Recent Development

Table 62. Otis Company Information

Table 63. Otis Introduction and Business Overview

Table 64. Otis Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 65. Otis Passenger Elevators Product Offerings

Table 66. Otis Recent Development

Table 67. Schindler Company Information

Table 68. Schindler Introduction and Business Overview

Table 69. Schindler Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 70. Schindler Passenger Elevators Product Offerings

Table 71. Schindler Recent Development

Table 72. ThyssenKrupp Company Information

Table 73. ThyssenKrupp Introduction and Business Overview

Table 74. ThyssenKrupp Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 75. ThyssenKrupp Passenger Elevators Product Offerings

Table 76. ThyssenKrupp Recent Development

Table 77. Mitsubishi Electric Company Information

Table 78. Mitsubishi Electric Introduction and Business Overview

Table 79. Mitsubishi Electric Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 80. Mitsubishi Electric Passenger Elevators Product Offerings

Table 81. Mitsubishi Electric Recent Development

Table 82. Hitachi Company Information

Table 83. Hitachi Introduction and Business Overview

Table 84. Hitachi Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 85. Hitachi Passenger Elevators Product Offerings

Table 86. Hitachi Recent Development

Table 87. Toshiba Company Information

Table 88. Toshiba Introduction and Business Overview

Table 89. Toshiba Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 90. Toshiba Passenger Elevators Product Offerings

Table 91. Toshiba Recent Development

Table 92. Hyundai Company Information

Table 93. Hyundai Introduction and Business Overview

Table 94. Hyundai Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 95. Hyundai Passenger Elevators Product Offerings

Table 96. Hyundai Recent Development

Table 97. Fujitec Company Information

Table 98. Fujitec Introduction and Business Overview

Table 99. Fujitec Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 100. Fujitec Passenger Elevators Product Offerings

Table 101. Fujitec Recent Development

Table 102. Hangzhou XiOlift Company Information

Table 103. Hangzhou XiOlift Introduction and Business Overview

Table 104. Hangzhou XiOlift Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 105. Hangzhou XiOlift Passenger Elevators Product Offerings

Table 106. Hangzhou XiOlift Recent Development

Table 107. Volkslift Company Information

Table 108. Volkslift Introduction and Business Overview

Table 109. Volkslift Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 110. Volkslift Passenger Elevators Product Offerings

Table 111. Volkslift Recent Development

Table 112. Yungtay Engineering Company Information

Table 113. Yungtay Engineering Introduction and Business Overview

Table 114. Yungtay Engineering Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 115. Yungtay Engineering Passenger Elevators Product Offerings

Table 116. Yungtay Engineering Recent Development

Table 117. Canny Elevator Company Information

Table 118. Canny Elevator Introduction and Business Overview

Table 119. Canny Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 120. Canny Elevator Passenger Elevators Product Offerings

Table 121. Canny Elevator Recent Development

Table 122. SJEC Company Information

Table 123. SJEC Introduction and Business Overview

Table 124. SJEC Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 125. SJEC Passenger Elevators Product Offerings

Table 126. SJEC Recent Development

Table 127. Guangri Elevator Company Information

Table 128. Guangri Elevator Introduction and Business Overview

Table 129. Guangri Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 130. Guangri Elevator Passenger Elevators Product Offerings

Table 131. Guangri Elevator Recent Development

Table 132. Edunburgh Elevator Company Information

Table 133. Edunburgh Elevator Introduction and Business Overview

Table 134. Edunburgh Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 135. Edunburgh Elevator Passenger Elevators Product Offerings

Table 136. Edunburgh Elevator Recent Development

Table 137. Suzhou Diao Company Information

Table 138. Suzhou Diao Introduction and Business Overview

Table 139. Suzhou Diao Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 140. Suzhou Diao Passenger Elevators Product Offerings

Table 141. Suzhou Diao Recent Development

Table 142. Meilun Elevator Company Information

Table 143. Meilun Elevator Introduction and Business Overview

Table 144. Meilun Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 145. Meilun Elevator Passenger Elevators Product Offerings

Table 146. Meilun Elevator Recent Development

Table 147. IFE Elevators Company Information

Table 148. IFE Elevators Introduction and Business Overview

Table 149. IFE Elevators Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 150. IFE Elevators Passenger Elevators Product Offerings

Table 151. IFE Elevators Recent Development

Table 152. CNYD Company Information

Table 153. CNYD Introduction and Business Overview

Table 154. CNYD Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 155. CNYD Passenger Elevators Product Offerings

Table 156. CNYD Recent Development

Table 157. Syney Elevator Company Information

Table 158. Syney Elevator Introduction and Business Overview

Table 159. Syney Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 160. Syney Elevator Passenger Elevators Product Offerings

Table 161. Syney Elevator Recent Development

Table 162. Dongnan Elevator Company Information

Table 163. Dongnan Elevator Introduction and Business Overview

Table 164. Dongnan Elevator Passenger Elevators Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)

Table 165. Dongnan Elevator Passenger Elevators Product Offerings

Table 166. Dongnan Elevator Recent Development

Table 167. Key Raw Materials Lists

Table 168. Raw Materials Key Suppliers Lists

Table 169. Passenger Elevators Downstream Customers

Table 170. Passenger Elevators Distributors List

Table 171. Research Programs/Design for This Report

Table 172. Key Data Information from Secondary Sources

Table 173. Key Data Information from Primary Sources

List of Figures

Figure 1. Passenger Elevators Product Picture

Figure 2. Global Passenger Elevators Sales Value, 2020 VS 2024 VS 2031 (US$ Million)

Figure 3. Global Passenger Elevators Sales Value (2020-2031) & (US$ Million)

Figure 4. Global Passenger Elevators Sales Volume (2020-2031) & (K Units)

Figure 5. Global Passenger Elevators Sales Price (2020-2031) & (US$/Unit)

Figure 6. Passenger Elevators Report Years Considered

Figure 7. Global Passenger Elevators Players Revenue Ranking (2024) & (US$ Million)

Figure 8. Global Passenger Elevators Players Sales Volume Ranking (2024) & (K Units)

Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Passenger Elevators Revenue in 2024

Figure 10. Passenger Elevators Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024

Figure 11. Elevator Picture

Figure 12. Escalator Picture

Figure 13. Moving Walkway Picture

Figure 14. Global Passenger Elevators Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)

Figure 15. Global Passenger Elevators Sales Value Market Share by Type, 2024 & 2031

Figure 16. Global Passenger Elevators Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)

Figure 17. Global Passenger Elevators Sales Volume Market Share by Type, 2024 & 2031

Figure 18. Global Passenger Elevators Price by Type (2020-2031) & (US$/Unit)

Figure 19. Product Picture of Residential Area

Figure 20. Product Picture of Commercial Office

Figure 21. Product Picture of Transportation Hub

Figure 22. Product Picture of Industrial Area

Figure 23. Global Passenger Elevators Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)

Figure 24. Global Passenger Elevators Sales Value Market Share by Application, 2024 & 2031

Figure 25. Global Passenger Elevators Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)

Figure 26. Global Passenger Elevators Sales Volume Market Share by Application, 2024 & 2031

Figure 27. Global Passenger Elevators Price by Application (2020-2031) & (US$/Unit)

Figure 28. North America Passenger Elevators Sales Value (2020-2031) & (US$ Million)

Figure 29. North America Passenger Elevators Sales Value by Country (%), 2024 VS 2031

Figure 30. Europe Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 31. Europe Passenger Elevators Sales Value by Country (%), 2024 VS 2031

Figure 32. Asia Pacific Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 33. Asia Pacific Passenger Elevators Sales Value by Region (%), 2024 VS 2031

Figure 34. South America Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 35. South America Passenger Elevators Sales Value by Country (%), 2024 VS 2031

Figure 36. Middle East & Africa Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 37. Middle East & Africa Passenger Elevators Sales Value by Country (%), 2024 VS 2031

Figure 38. Key Countries/Regions Passenger Elevators Sales Value (%), (2020-2031)

Figure 39. Key Countries/Regions Passenger Elevators Sales Volume (%), (2020-2031)

Figure 40. United States Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 41. United States Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 42. United States Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 43. Europe Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 44. Europe Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 45. Europe Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 46. China Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 47. China Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 48. China Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 49. Japan Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 50. Japan Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 51. Japan Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 52. South Korea Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 53. South Korea Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 54. South Korea Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 55. Southeast Asia Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 56. Southeast Asia Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 57. Southeast Asia Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 58. India Passenger Elevators Sales Value, (2020-2031) & (US$ Million)

Figure 59. India Passenger Elevators Sales Value by Type (%), 2024 VS 2031

Figure 60. India Passenger Elevators Sales Value by Application (%), 2024 VS 2031

Figure 61. Passenger Elevators Industrial Chain

Figure 62. Passenger Elevators Manufacturing Cost Structure

Figure 63. Channels of Distribution (Direct Sales, and Distribution)

Figure 64. Bottom-up and Top-down Approaches for This Report

Figure 65. Data Triangulation

Figure 66. Key Executives Interviewed

KEY QUESTIONS ADDRESSED BY THE REPORT

What is the annual compound growth rate of the global Passenger Elevators market size from 2025 to 2031? zhanKai

The annual compound growth rate of the global Passenger Elevators market is 4.4% 2025 to 2031.

What was the global market size of Passenger Elevators in 2031? shouQi

Which region is expected to have the highest market share? shouQi

What was the global market size of Passenger Elevators in 2025? shouQi

Which companies rank high in the global Passenger Elevators market? shouQi

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