Welcome to our detailed guide on the top elevator companies shaping the industry in 2025. As an Elevator Company with deep expertise in R&D, manufacturing, installation, and maintenance, I’m excited to share insights that blend hands-on experience with the latest market trends. Whether you're a fellow industry professional or someone exploring the world of vertical transportation, this article is crafted with you in mind.
In today’s fast-paced market, innovation and safety are more than just buzzwords—they are the backbone of every successful elevator system. From cutting-edge control technologies to smart maintenance strategies, the companies on our list are redefining what it means to move people safely and efficiently. We’ll dive into how these industry giants are integrating digital solutions, eco-friendly designs, and advanced engineering to stay ahead of the curve.
Established: 1853
Website:https://www.otis.com/
Main Product:
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Low-Rise Elevators
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Mid-Rise Elevators
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High-Rise Elevators
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Escalators & Moving Walks
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Elevator Modernization
Company Profile
Otis Elevator Company is a leading company of elevator and escalator systems. The company was founded in 1853 in Yonkers, New York, USA. The company was the first company to develop an elevator safety system invented by Otis, which uses a mechanism to stop the elevator car in place if the cable or pulley (or elevator) fails. The development of Otis allowed the construction of skyscrapers equipped with a safe elevator system.
Otis has installed elevators in some of the most famous buildings in the world, including the Eiffel Tower, Empire State Building, former World Trade Center, Petronas Twin Towers, Burj Khalifa, CN Tower, Coronado Hotel and Damon Leicester Building (the first electric elevator).
As a world-renowned elevator company and manufacturer, they will help transport 2 billion people every day, and they have been maintaining their 2 million customers. They have the largest product portfolio, and you will find many popular buildings and the busiest transportation hubs and retail sectors, where you will find Otis elevators. Otis has the largest staff strength in the world. There are about 40,000 of them. On-site professionals and 69,000 people who manage the industry.
Established: 1910
Website:https://www.kone.com/en/
Main Product:
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Elevators, escalators and automatic doors
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Maintenance and modernization
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Advanced people flow solutions
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People Flow Planning and Consulting
Company Profile
Founded in 1910, KONE is a world-renowned elevator company headquartered in Espoo near Helsinki, Finland. It is an international engineering and service company with 33,800 employees and 800 subsidiaries in 60 countries. In Finnish, Kone means "machine" or "equipment". In addition to the escalator and elevator departments, the company also builds and services moving walks, automatic doors and gates. The company provides local services to builders, developers, owners, designers and architects in 1,000 offices in more than 50 countries.
They will provide installation services, manufacturing and maintenance to increase the value of the building and provide a good life cycle. They provide smart solutions for high-rise buildings. As of the end of 2020, their escalator and elevator maintenance base has exceeded 1.4 million units.
The demand for elevators is increasing day by day. KONE has a special mission. They want to improve the flow of urban life. They also understand urbanization and help clients make the most of cities, public spaces and buildings in the world. They have more sustainable places to live. Their main task is to provide the latest technology and urbanization.
Established:1999
Website:https://www.tkelevator.com/
Main Product:
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Elevators
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Escalators
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Moving walks
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Modernization
Company Profile
ThyssenKrupp AG is the German steel industry and the country's largest steel smelting and forging company. ThyssenKrupp is headquartered in Essen and Duisburg. It was formed in 1999 by the merger of two German metal companies Thyssen AG and Krupp. Today, ThyssenKrupp is the world's top steel supplier. The elevator department is quite high in the company's queue and leads Canada and the United States as one of the five giants. TK is engaged in the manufacture, installation and maintenance of escalators, elevators and moving walks. The company has nearly 1, 00,000 employees worldwide. They have a home market, a real estate market, and many other markets. They have different types of business areas, such as component technology, elevator technology, industrial solutions and material services, and the steel industry.
They are one of the best companies that provide multiple benefits. They provide customers with strong customer care services. Choose the best price online now! They provide services for different categories. Elevators are one of the best categories. They mainly provide services in 60 countries/regions around the world. They also provide strong customer service.
Established:1874
Website:https://group.schindler.com/
Main Product:
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Elevator
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Escalators and moving walks
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Maintenance and repair
Company Profile
The Schindler Group is a global leader in the manufacturing of escalators, moving walks and elevators worldwide. The company was founded in Switzerland in 1874, has operations in more than 140 countries and has more than 58,000 employees worldwide. The company has production facilities in the United States and Switzerland, as well as Spain, Slovakia and China. As a well-known elevator company, Schindler was one of the first companies to develop solutions to help maintain the hygiene and safety of elevators and escalators. It has been trying to introduce modular elevators that always provide smart solutions in the market. They provide solutions for your building. They provide solutions for residences, offices, hotels, healthcare, shopping malls and retail, transportation, institutions, sports and fairs. They also provide escalators and elevators, and provide different solutions. Choose any type of elevator solution, and they will also provide elevators of different types and sizes.
Established:1948
Website:https://www.fujitec.com/
Main Product:
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Elevator
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Escalator
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Modernization
Company Profile
Founded in February 1948, Fujitec is the top elevator company in Japan, focusing on the development, manufacturing, installation and maintenance of elevators, escalators and moving walks. Fujitec has 11 state-of-the-art manufacturing facilities and multiple sales and service offices, industry-leading test towers and a global network of engineers. There are two factories in Japan, the factories are located in Incheon (South Korea), Chennai (India), Mason City (Ohio), Taiwan and China.
Established:1920
Website:https://www.hitachi.com/businesses/elevator/
Main Product:
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Elevator
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Escalator &Moving Side Walk
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Group Control
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Elevator System
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Maintenance
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Modernization
Company Profile
Hitachi Ltd. is an elevator company headquartered in Chiyoda-ku, Tokyo, Japan. Hitachi provides customers with different types of services, produces a wide range of consumer electronic products, and provides products for other factories, such as integrated circuits and other semiconductors. Among these services, the elevator is one of the best. They also provide escalators and moving walks for customers worldwide. They are also preparing to provide vertical transportation support and services for most high-rise buildings. Hitachi provides services to many countries, such as India, the Middle East and Asian countries. This company also provides the best security services and security services. They have different types of elevator technology and offer a wide range of performance levels. Widely acclaimed worldwide.
Website:https://kleemannlifts.com/
Main Product:
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Elevators
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Escalators & Moving Walks
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Custom Solutions
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Modernisation Solutions
Company Profile
Kleemann is an elevator company that provides elevator services and moving walk services. Their headquarters is located in Likis, Greece. They can provide different types of passenger elevators and freight elevators. Their lifts can carry up to 30 tons or more. Their elevator solutions are cost-effective solutions, and they are also ready to develop ideal products. The ideal solution to the problem of creating new parking spaces using parking systems and car lifts. High-tech lift system with flexible staircase design (wheelchair lift and seat lift system).
Established:1921
Website:https://www.mitsubishielevator.com/
Main Product:
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Elevators
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Escalators
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Modernization
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Maintenance
Company Profile
Founded in 1921, Mitsubishi Electric is a world-leading elevator company dedicated to the development and manufacture of electronic products and construction equipment, including elevators, escalators and moving walks. Headquartered in Tokyo, Japan, it is one of the core companies of Mitsubishi Group, which is a Japanese multinational company with autonomy in multiple industries. The company has representative offices around the world through a developed network of regional offices, branches and subsidiaries in Europe, Asia, North and South America, Central and South Africa and the Middle East.
Established:1921
Website:https://www.hyundaielevator.co.kr/
Main Product:
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Elevators
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Escalators
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Modernization
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Maintenance
Company Profile
As a leading elevator company in Korea, Hyundai Elevator is a South Korean conglomerate under Hyundai Group, established in 1947 as a construction company. With the help of the government, Hyundai quickly expanded to various industries and eventually became South Korea's second largest conglomerate. Hyundai Elevator is a leading elevator company in Korea, developing products suitable for architectural design and elevator use, and providing customized solutions. Not only must consider safety and ride quality, but also consider space efficiency, to provide you with the best products, and enhance the value of buildings with exquisite designs and convenient functions. It is always better to hire a company with a good market reputation and many years of experience in the field. Well-known companies also provide strong customer service and unique designs. They also provide cost-effective and advanced technology products.
Established:1867
Website:https://www.stannah.com/
Main Product:
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Solutions for buildings
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Solutions for homes
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Maintenance & repair
Company Profile
Headquartered in Andover, England, Stannah is a stairlift manufacturer in 60 countries. They are a long-established elevator company, engaged in this industry for more than 150 years, and enjoy a high reputation in the world. They have elaborate craftsmanship to develop their products, which also increases reputation. Stannah Lifts has produced more than 750,000 stair lifts and is the largest manufacturer in the world. The company is also a major player in the vertical lifting field, providing lifting platforms, private elevators and indoor elevators.
As an excellent elevator company, Stannah provides strong customer service. Choose their service to get the best quality elevator. Install any type of elevator according to your needs and requirements.
Established:1993
Website:https://www.hosting-elevator.com/
Main Product:
Company Profile
Hosting Elevator is the first echelon elevator company and manufacturer in China. Founded in 1993, it is one of the top ten elevator brands in China. With a huge production base, it can accept customized production and provide modern elevator services. Hosting Elevator's products cover a wide range, comprehensiveness, and excellent technology. The quality of various elevator products meets the strict standards of many countries in the world. Hosting Elevator always follows the market demand and wins the trust of global users with high-quality products and satisfactory services. They always want to make customers happy. Their main goal is to provide lasting high-quality work. They also provide strong customer care services. As long as you need, they will provide you with feedback, replay or answer your query within a few minutes. They always tend to provide you with the best service. They also provide our services on a global scale. You can ask for a quote and they will always be ready to provide the best service. They will respond to our customers within 24 hours. They have licensed engineers with many years of experience in the field. There is no doubt that as an excellent elevator company in China, Hosting can provide a perfect solution.
When it comes to selecting an elevator company, it's essential to consider a combination of quality, innovation, and comprehensive service. Look for companies that not only have a proven track record in installation and maintenance but also invest significantly in research and development to stay ahead of market trends. A reputable company will offer integrated solutions—from R&D and manufacturing to installation and ongoing maintenance—ensuring that every aspect of your elevator system meets the highest standards.
To help you make an informed decision, consider these key criteria:
| Criteria | Description | Benefits |
|---|---|---|
| Experience | Proven track record and years in the industry, with successful project portfolios | Demonstrates reliability and deep industry knowledge |
| Innovation | Commitment to R&D and adoption of the latest technology | Ensures state-of-the-art systems that improve safety and efficiency |
| Quality Assurance | Adherence to strict certifications and rigorous quality control measures | Guarantees product longevity and superior performance |
| Comprehensive Services | Integrated approach covering design, manufacturing, installation, and maintenance | Simplifies project management and minimizes downtime |
| Customer Support | Responsive service and maintenance programs with strong after-sales support | Enhances overall satisfaction and ensures quick issue resolution |
Keep in mind that the best elevator companies also provide transparent pricing, customized solutions, and proactive maintenance plans. Engaging directly with these companies, asking detailed questions, and reviewing client testimonials can help you better understand how they tailor their services to meet specific needs. By prioritizing these factors, you'll not only secure a safe and efficient elevator system but also form a lasting partnership that supports your long-term operational goals.
Due to the uneven economic and social development in the world, more than half of the elevators in use are distributed in Europe and the Americas, while more than half of the newly installed elevators are in the Asia-Pacific region. China, which is located in the Asia-Pacific region, has become the world's largest elevator producer and consumer country.
In recent years, with the improvement of my country's economic level, the advancement of urbanization, and the improvement of people's quality of life, my country's elevator industry has been showing a trend of sustainable development. According to the statistics of China Elevator Association, my country's elevator industry has maintained a relatively fast growth rate since 2000. Domestic elevators increase, imported elevators decrease
Driven by the continuous development of urbanization, infrastructure investment and construction and the installation of elevators in old buildings, the output of the elevator industry has gradually increased. According to statistics from the National Bureau of Statistics, the output of elevators, escalators and elevators in my country reached 1.173 million units in 2019, a year-on-year increase of 63.1%. In 2020, the national output of elevators, escalators and lifts was 1.282 million units, a cumulative increase of 7.9%.
China's elevator production accounts for more than half of the world's total production. From the perspective of my country's elevator import supply, from 2017 to 2019, the number of elevator imports in my country showed fluctuations, and the total amount showed fluctuations and declines. In 2019, my country's elevator imports totaled 751 million yuan, and a total of 2,578 elevators were imported. In 2020, my country's elevator imports totaled 600 million yuan, and a total of 2,520 elevators were imported.
In recent years, my country's elevator industry has developed rapidly. The products of domestic elevator enterprises are almost in sync with those of large foreign enterprises in technology, performance and quality, and have obvious advantages compared with imported elevators. Like the textile, clothing, electronics, computer and other industries, China's elevator industry will become a global elevator manufacturing center and further absorb elevator production capacity from other parts of the world.
With the continuous and rapid growth of my country's economy, the rapid advancement of urbanization, the improvement of people's living standards, and the aging of the population, my country's elevator industry is also developing rapidly. Therefore, it is expected that my country's elevator production will continue to maintain rapid growth in the future. By 2026, the new increase in my country's elevators will reach 2.3 million units.
Conclusion
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