The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Commercial Elevator Market Research Report 2024
Synopsis
Commercial elevators can carry anywhere between 2,100 and 5,000 + pounds. The inner dimensions must be between 5 and 8 feet by 4 feet 3 inches and 5 feet 8 inches by 7 feet 11 inches. They are able to accommodate more weight and people than residential elevators.
The global Commercial Elevator market was valued at US$ 10040 million in 2023 and is anticipated to reach US$ 14340 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report aims to provide a comprehensive presentation of the global market for Commercial Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Elevator.
Report Scope
The Commercial Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Elevator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis
Schindler
ThyssenKrupp
Kone
Mitsubishi Electric
Hitachi
Canny Elevator
Toshiba
Fujitec
Volkslift
Guuangri Gufen
Sicher Elevator
Yungtay Engineering
SJEC
Edunburgh Elevator
Suzhou Diao
Hangzhou XiOlift
Hyundai
CNYD
Segment by Type
Elevator (Vertical)
Escalator
Moving walkway
Segment by Application
Industrial Area
Commercial Office
Transportation Hub Area
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Elevator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Elevator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Commercial elevators can carry anywhere between 2,100 and 5,000 + pounds. The inner dimensions must be between 5 and 8 feet by 4 feet 3 inches and 5 feet 8 inches by 7 feet 11 inches. They are able to accommodate more weight and people than residential elevators.
The global Commercial Elevator market was valued at US$ 10040 million in 2023 and is anticipated to reach US$ 14340 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
According to data released by the National Bureau of Statistics, China's elevator production in 2022 was 1.455 million units, which was down 5.8% compared to last year. After years of development, China has become the world's largest elevator producer and consumer. More than 70% of the world's elevator manufacturing business were in Chinese mainland, and 60%-65% of the world's elevators sold in the Chinese market. According to data from the China Elevator Association, by the end of 2022, the number of elevators registered in operation in China has reached 9.65 million, and more than 15,000 elevators have been installed after acceptance.
This report aims to provide a comprehensive presentation of the global market for Commercial Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Elevator.
Report Scope
The Commercial Elevator market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Elevator market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Otis
Schindler
ThyssenKrupp
Kone
Mitsubishi Electric
Hitachi
Canny Elevator
Toshiba
Fujitec
Volkslift
Guuangri Gufen
Sicher Elevator
Yungtay Engineering
SJEC
Edunburgh Elevator
Suzhou Diao
Hangzhou XiOlift
Hyundai
CNYD
Segment by Type
Elevator (Vertical)
Escalator
Moving walkway
Segment by Application
Industrial Area
Commercial Office
Transportation Hub Area
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Elevator manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Elevator by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Elevator in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Commercial Elevator Market Overview
1.1 Product Definition
1.2 Commercial Elevator Segment by Type
1.2.1 Global Commercial Elevator Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Elevator (Vertical)
1.2.3 Escalator
1.2.4 Moving walkway
1.3 Commercial Elevator Segment by Application
1.3.1 Global Commercial Elevator Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Industrial Area
1.3.3 Commercial Office
1.3.4 Transportation Hub Area
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Commercial Elevator Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Commercial Elevator Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Commercial Elevator Production Estimates and Forecasts (2019-2030)
1.4.4 Global Commercial Elevator Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Commercial Elevator Production Market Share by Manufacturers (2019-2024)
2.2 Global Commercial Elevator Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Commercial Elevator, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Commercial Elevator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Commercial Elevator Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Commercial Elevator, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Commercial Elevator, Product Offered and Application
2.8 Global Key Manufacturers of Commercial Elevator, Date of Enter into This Industry
2.9 Commercial Elevator Market Competitive Situation and Trends
2.9.1 Commercial Elevator Market Concentration Rate
2.9.2 Global 5 and 10 Largest Commercial Elevator Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Commercial Elevator Production by Region
3.1 Global Commercial Elevator Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Commercial Elevator Production Value by Region (2019-2030)
3.2.1 Global Commercial Elevator Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Commercial Elevator by Region (2025-2030)
3.3 Global Commercial Elevator Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Commercial Elevator Production by Region (2019-2030)
3.4.1 Global Commercial Elevator Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Commercial Elevator by Region (2025-2030)
3.5 Global Commercial Elevator Market Price Analysis by Region (2019-2024)
3.6 Global Commercial Elevator Production and Value, Year-over-Year Growth
3.6.1 North America Commercial Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Commercial Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Commercial Elevator Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Commercial Elevator Production Value Estimates and Forecasts (2019-2030)
4 Commercial Elevator Consumption by Region
4.1 Global Commercial Elevator Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Commercial Elevator Consumption by Region (2019-2030)
4.2.1 Global Commercial Elevator Consumption by Region (2019-2024)
4.2.2 Global Commercial Elevator Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Commercial Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Commercial Elevator Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Commercial Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Commercial Elevator Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Commercial Elevator Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Commercial Elevator Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Commercial Elevator Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Commercial Elevator Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Commercial Elevator Production by Type (2019-2030)
5.1.1 Global Commercial Elevator Production by Type (2019-2024)
5.1.2 Global Commercial Elevator Production by Type (2025-2030)
5.1.3 Global Commercial Elevator Production Market Share by Type (2019-2030)
5.2 Global Commercial Elevator Production Value by Type (2019-2030)
5.2.1 Global Commercial Elevator Production Value by Type (2019-2024)
5.2.2 Global Commercial Elevator Production Value by Type (2025-2030)
5.2.3 Global Commercial Elevator Production Value Market Share by Type (2019-2030)
5.3 Global Commercial Elevator Price by Type (2019-2030)
6 Segment by Application
6.1 Global Commercial Elevator Production by Application (2019-2030)
6.1.1 Global Commercial Elevator Production by Application (2019-2024)
6.1.2 Global Commercial Elevator Production by Application (2025-2030)
6.1.3 Global Commercial Elevator Production Market Share by Application (2019-2030)
6.2 Global Commercial Elevator Production Value by Application (2019-2030)
6.2.1 Global Commercial Elevator Production Value by Application (2019-2024)
6.2.2 Global Commercial Elevator Production Value by Application (2025-2030)
6.2.3 Global Commercial Elevator Production Value Market Share by Application (2019-2030)
6.3 Global Commercial Elevator Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Otis
7.1.1 Otis Commercial Elevator Corporation Information
7.1.2 Otis Commercial Elevator Product Portfolio
7.1.3 Otis Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Otis Main Business and Markets Served
7.1.5 Otis Recent Developments/Updates
7.2 Schindler
7.2.1 Schindler Commercial Elevator Corporation Information
7.2.2 Schindler Commercial Elevator Product Portfolio
7.2.3 Schindler Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Schindler Main Business and Markets Served
7.2.5 Schindler Recent Developments/Updates
7.3 ThyssenKrupp
7.3.1 ThyssenKrupp Commercial Elevator Corporation Information
7.3.2 ThyssenKrupp Commercial Elevator Product Portfolio
7.3.3 ThyssenKrupp Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ThyssenKrupp Main Business and Markets Served
7.3.5 ThyssenKrupp Recent Developments/Updates
7.4 Kone
7.4.1 Kone Commercial Elevator Corporation Information
7.4.2 Kone Commercial Elevator Product Portfolio
7.4.3 Kone Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Kone Main Business and Markets Served
7.4.5 Kone Recent Developments/Updates
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric Commercial Elevator Corporation Information
7.5.2 Mitsubishi Electric Commercial Elevator Product Portfolio
7.5.3 Mitsubishi Electric Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
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 Commercial Elevator Corporation Information
7.6.2 Hitachi Commercial Elevator Product Portfolio
7.6.3 Hitachi Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Canny Elevator
7.7.1 Canny Elevator Commercial Elevator Corporation Information
7.7.2 Canny Elevator Commercial Elevator Product Portfolio
7.7.3 Canny Elevator Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Canny Elevator Main Business and Markets Served
7.7.5 Canny Elevator Recent Developments/Updates
7.8 Toshiba
7.8.1 Toshiba Commercial Elevator Corporation Information
7.8.2 Toshiba Commercial Elevator Product Portfolio
7.8.3 Toshiba Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Toshiba Main Business and Markets Served
7.7.5 Toshiba Recent Developments/Updates
7.9 Fujitec
7.9.1 Fujitec Commercial Elevator Corporation Information
7.9.2 Fujitec Commercial Elevator Product Portfolio
7.9.3 Fujitec Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Fujitec Main Business and Markets Served
7.9.5 Fujitec Recent Developments/Updates
7.10 Volkslift
7.10.1 Volkslift Commercial Elevator Corporation Information
7.10.2 Volkslift Commercial Elevator Product Portfolio
7.10.3 Volkslift Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Volkslift Main Business and Markets Served
7.10.5 Volkslift Recent Developments/Updates
7.11 Guuangri Gufen
7.11.1 Guuangri Gufen Commercial Elevator Corporation Information
7.11.2 Guuangri Gufen Commercial Elevator Product Portfolio
7.11.3 Guuangri Gufen Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Guuangri Gufen Main Business and Markets Served
7.11.5 Guuangri Gufen Recent Developments/Updates
7.12 Sicher Elevator
7.12.1 Sicher Elevator Commercial Elevator Corporation Information
7.12.2 Sicher Elevator Commercial Elevator Product Portfolio
7.12.3 Sicher Elevator Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sicher Elevator Main Business and Markets Served
7.12.5 Sicher Elevator Recent Developments/Updates
7.13 Yungtay Engineering
7.13.1 Yungtay Engineering Commercial Elevator Corporation Information
7.13.2 Yungtay Engineering Commercial Elevator Product Portfolio
7.13.3 Yungtay Engineering Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Yungtay Engineering Main Business and Markets Served
7.13.5 Yungtay Engineering Recent Developments/Updates
7.14 SJEC
7.14.1 SJEC Commercial Elevator Corporation Information
7.14.2 SJEC Commercial Elevator Product Portfolio
7.14.3 SJEC Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.14.4 SJEC Main Business and Markets Served
7.14.5 SJEC Recent Developments/Updates
7.15 Edunburgh Elevator
7.15.1 Edunburgh Elevator Commercial Elevator Corporation Information
7.15.2 Edunburgh Elevator Commercial Elevator Product Portfolio
7.15.3 Edunburgh Elevator Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Edunburgh Elevator Main Business and Markets Served
7.15.5 Edunburgh Elevator Recent Developments/Updates
7.16 Suzhou Diao
7.16.1 Suzhou Diao Commercial Elevator Corporation Information
7.16.2 Suzhou Diao Commercial Elevator Product Portfolio
7.16.3 Suzhou Diao Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Suzhou Diao Main Business and Markets Served
7.16.5 Suzhou Diao Recent Developments/Updates
7.17 Hangzhou XiOlift
7.17.1 Hangzhou XiOlift Commercial Elevator Corporation Information
7.17.2 Hangzhou XiOlift Commercial Elevator Product Portfolio
7.17.3 Hangzhou XiOlift Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Hangzhou XiOlift Main Business and Markets Served
7.17.5 Hangzhou XiOlift Recent Developments/Updates
7.18 Hyundai
7.18.1 Hyundai Commercial Elevator Corporation Information
7.18.2 Hyundai Commercial Elevator Product Portfolio
7.18.3 Hyundai Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Hyundai Main Business and Markets Served
7.18.5 Hyundai Recent Developments/Updates
7.19 CNYD
7.19.1 CNYD Commercial Elevator Corporation Information
7.19.2 CNYD Commercial Elevator Product Portfolio
7.19.3 CNYD Commercial Elevator Production, Value, Price and Gross Margin (2019-2024)
7.19.4 CNYD Main Business and Markets Served
7.19.5 CNYD Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Commercial Elevator Industry Chain Analysis
8.2 Commercial Elevator Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Commercial Elevator Production Mode & Process
8.4 Commercial Elevator Sales and Marketing
8.4.1 Commercial Elevator Sales Channels
8.4.2 Commercial Elevator Distributors
8.5 Commercial Elevator Customers
9 Commercial Elevator Market Dynamics
9.1 Commercial Elevator Industry Trends
9.2 Commercial Elevator Market Drivers
9.3 Commercial Elevator Market Challenges
9.4 Commercial Elevator Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
