Have you ever wondered which elevator companies are leading the industry in 2024? Elevators play a crucial role in our daily lives, making vertical transportation convenient and efficient. Whether you are in a high-rise office, a residential building, or a shopping mall, elevators are indispensable. Check out this article to discover the top 20 elevator companies shaping the future of vertical mobility.
How to find the best lift and elevator manufacturers
The elevator industry in 2024 is booming, with a growing demand for vertical transportation solutions in urban areas. Choosing the right elevator company is crucial for ensuring safety, efficiency, and reliability. When selecting a provider, consider factors such as quality and reliability, a variety of products, compliance with safety regulations and certifications, budget considerations, customization options, energy efficiency, and comprehensive maintenance and support services. This article will guide you in selecting the top lift and elevator companies. Read the next section to find out which companies lead the industry in 2024.
Top 20 elevator companies in 2024
Elevator manufacturers are pivotal in shaping vertical transportation and urban infrastructure. In this section, we highlight the top 20 elevator companies in 2024. Explore their advancements, market influence, and innovations to make informed decisions about elevator installations and upgrades.
- Otis Elevator Company
Website: https://www.otis.com/
Main products
- Low-rise elevators
- Mid-rise elevators
- High-rise elevators
- Escalators & moving walks
- Elevator modernization and upgrades
Company profile
Otis Elevator Company was founded in 1853 by Elisha Graves Otis in Yonkers, New York, USA. The company revolutionized vertical transportation with its groundbreaking safety system. Their elevators grace iconic landmarks worldwide, from the Eiffel Tower to the Burj Khalifa, facilitating the daily transit of 2 billion individuals. With a vast product range, Otis serves 2 million customers across diverse sectors, ensuring safe and efficient mobility. Boasting the largest workforce globally, comprising 40,000 on-site professionals and 69,000 people managing the industry, Otis continues to lead the way in elevator innovation and service excellence.
- Schindler
Website: https://group.schindler.com/
Main products
- Elevator
- Escalators and moving walks
- Maintenance and repair
- Modernization
Company profile
Schindler Group, founded in Switzerland in 1874, operates globally with over 58,000 employees across 140 countries. Renowned for its innovative modular elevators, Schindler offers comprehensive solutions for residential, commercial, and institutional settings, emphasizing hygiene and safety. With production facilities in the US, Switzerland, Spain, Slovakia, and China, they serve diverse markets, including North America, Europe, Asia-Pacific, and beyond. Their services encompass elevator inspections, maintenance, and replacements. As a leader in smart elevator solutions, Schindler meets growing global demand, offering extensive online resources for client accessibility.
- Kone
Website: https://www.kone.com/en/
Main products
- Elevators
- Escalators
- Maintenance and Modernization
Company profile
Kone, founded in Finland in 1910, ranks as the world’s third-largest elevator company, boasting a 20% global market share. With headquarters in Helsinki, Kone operates in 60 countries with 33,800 employees and 800 subsidiaries. The company specializes in elevators and escalators for diverse settings, including high-traffic areas like airports and malls. Their focus on enhancing urban life includes sustainable initiatives and advanced technology integration. Kone offers both machine room and machine room-less elevators worldwide, providing installation, manufacturing, and maintenance services to enhance building value and lifecycle.
- Thyssenkrupp
Website: https://www.tkelevator.com/
Main products
- Elevators
- Escalators
- Moving walks.
- Home elevators and platform lifts.
Company profile
ThyssenKrupp Elevator AG, headquartered in Duisburg, Germany, stands as the world’s largest manufacturer of passenger and freight elevators and escalators. ThyssenKrupp AG emerged from the merger of Thyssen AG and Krupp in 1999. The company employs around 159,000 people globally and generates revenues of approximately €23 billion. With a presence in public buildings, offices, hotels, airports, and more, their products are popular across various sectors. Furthermore, the company operates spanning 60 countries/regions, offering robust customer care services and a diverse range of elevator solutions.
- Mitsubishi Electric
Website: https://www.mitsubishielevator.com/
Main products
- Elevators
- Escalators
- Modernization.
- Maintenance and repair.
Company profile
Mitsubishi Elevator Company, a leading global manufacturer, provides top-notch elevator solutions for residential and commercial spaces since 1931. With a rich history of safe and innovative products, Mitsubishi is also prominent in escalator manufacturing. Notably, they built SOLAÉ, the world’s tallest elevator test tower at 586 feet, showcasing their commitment to advancing elevator technology. With a global reputation for excellence and a focus on ultra-modern technology, Mitsubishi elevators are widely adopted, including their hydraulic systems used in various settings like hospitals and commercial real estate.
- Hitachi
Website: https://www.hitachi.com/
Main products
- Elevators
- Escalator & moving sidewalk.
- Modernization.
- Maintenance and repair.
Company profile
Hitachi Elevator & Building Systems, Ltd., is a subsidiary of Hitachi Construction Machinery Co., Ltd. It is a prominent elevator and escalator manufacturer based in Japan since 1883. Holding over 60% of Japan’s elevator market and commanding 46% globally, Hitachi provides solutions for commercial, residential, and airport buildings with diverse technologies and performance levels. With a century-long presence, Hitachi prioritizes customer satisfaction through advanced technology and exemplary service. They serve global markets like India, the Middle East, and Asia, emphasizing safety and security.
- Fujitec
Website: https://www.fujitec.com/
Main products
- High-rise, high-speed elevators.
- Observatory elevators.
- Hydraulic elevators
- Escalators.
- Modernization.
Company profile
Fujitec, headquartered in Tokyo, Japan, has been a leading elevator and escalator manufacturer since 1948. With over 100 subsidiaries worldwide and advanced manufacturing facilities in Japan, South Korea, India, the US, Taiwan, and China, Fujitec specializes in the development, installation, and maintenance of vertical transportation systems. Fujitec delivers reliable products adhering to international standards. Furthermore, with a dedicated technical team, customizable solutions, and a focus on customer satisfaction, they offer flexible designs and exceptional after-sales support, establishing themselves as a top player in the global elevator industry.
- Toshiba
Website: https://www.toshiba-elevator.co.jp/
Main products
- Elevator
- Escalator
- Moving walk
- Installations
Company profile
Toshiba Elevator & Building Systems Corporation is a global leader in the elevator industry. They manufacture elevators and escalators for residential and commercial buildings. With production plants in Japan, China, Vietnam, France, Brazil, and the United States, they have produced over 100 million elevators and escalators worldwide. Toshiba prioritizes technological innovation to enhance service quality, offering maintenance, repair, and cutting-edge escalator solutions. They serve various countries, including China, Hong Kong, India, Indonesia, Japan, and Thailand, demonstrating their commitment to excellence in vertical transportation.
- Hyundai Elevator
Website: https://www.hyundaielevator.co.kr/
Main products
- Elevator
- Escalator
- Modernization
- Maintenance
Company profile
Established in Seoul, South Korea, in 1975, Hyundai Elevator Co., Ltd (HECO) is a prominent player in the elevator industry, with offices in Los Angeles, California, and New York. With a focus on elevators and escalators, HECO serves clients across Asia, the Americas, Europe, and Africa. In 2021 alone, they produced approximately 4,500 lifts, serving both residential and commercial buildings. As part of the Hyundai Group, founded in 1947, HECO ensures safety, ride quality, and space efficiency in its products. It also provides customized solutions and exemplary customer service, reflecting its commitment to excellence and innovation.
- Sigma Elevator Company
Website: https://sigmaelevator.com/
Main products
- Elevator
- Escalators & moving walks
Company profile
Sigma Elevator, a premier South Korean elevator company, traces its roots back to 1968, offering a heritage of excellence in elevator and escalator services. With a global network, Sigma provides high-quality products and advanced solutions, renowned for their effectiveness. As a subsidiary of Otis Elevator Korea (OEK), Sigma Elevator serves overseas markets under the name LG-OTIS. With expert advisors, designers, and engineers, Sigma delivers superior elevator and escalator solutions tailored to clients’ needs. Committed to quality and customer satisfaction, Sigma Elevator ensures reliable and efficient elevators, reflecting its position as a top brand in the global industry.
- Vestas
Website:https://www.vestas.com/en
Main products
- Elevator
Company profile
Vestas is a Danish wind turbine manufacturer founded in 1898. With over a century of experience and more than 10,000 employees worldwide, it has become a global leader in sustainable energy solutions. However, Vestas also produces elevators tailored to transport workers and materials up high into wind turbine towers. These elevators are known for their exceptional reliability and safety, making them ideal for businesses and organizations requiring swift and secure transportation of large numbers of people. Whether in remote wind farms or towering skyscrapers, Vesta’s elevators offer top-of-the-line technology for various environments.
- Stannah Lifts
Website: https://www.stannah.com/
Main products
- Stairlifts.
- Home lifts.
- Service and aftercare.
Company profile
Stannah is a British company founded in 1875 that has specialized in manufacturing elevators, stairlifts, and mobility products for more than 150 years. With a presence in over 80 countries, Stannah offers stairlifts for homes and businesses and wheelchair lifts for cars and buses. Headquartered in England, Stannah also operates offices and branches in Belgium, France, and Germany. Renowned for their craftsmanship, Stannah has produced over 750,000 stairlifts, making them the world’s largest manufacturer. Committed to quality and customer service, Stannah remains a leader in the vertical lifting industry.
- Doppelmayr Group
Website: https://www.doppelmayr.com/
Main products
- Stairlifts.
- Elevators
- Escalators
Company profile
The Doppelmayr Group is a leading elevator company established in 1853 and headquartered in Austria. They specialize in the construction of ropeways, lifts, and chairlifts and offer comprehensive maintenance and repair services. With over 60 years of manufacturing and service experience, Doppelmayr combines innovation, technology, and passion to create reliable and high-performing people movers. As a major supplier for public transport projects worldwide, they boast an installed base of over 200 installations in metro systems globally, making them a trusted name in the industry.
- Kleemann
Website: https://kleemannlifts.com/
Main products
- Modernisation solutions
- Elevators
- Escalators & moving walks
Company profile
Kleemann, founded by Pablo Kleemann in 1859, is a leading global elevator company headquartered in Germany. With a presence in over 70 countries, Kleemann is renowned for providing high-quality elevators, modern lifts, escalators, and moving walkways. The company has offices in Australia, Brazil, China, France, India, Italy, and South Africa. Kleemann has rapidly expanded its operations worldwide since they were listed on the Frankfurt Stock Exchange in 2001. Committed to excellence, Kleemann continues to be a top choice for reliable and innovative vertical transportation solutions.
- LG-ECS Corporation
Website: https://ecsparts.com/
Main products
- Elevators
- Escalators & moving walks
Company profile
LG-ECS Corporation, headquartered in Seoul, South Korea, is a leading multinational company specializing in elevators, escalators, and moving walkways. Founded in 1946 as a trading company, it was known as Lucky-Goldstar until 1998, when it merged with Lucky Chemical Company and rebranded as L.G. With over 90 subsidiaries worldwide, including L.G. Elevator India Private Limited in New Delhi and L.G. Elevator (Thailand) Co., Ltd. in Bangkok, LG-ECS is committed to innovation and customer satisfaction. Competing with industry giants like Otis and Schindler, LG-ECS has established itself as a top player in the elevator and escalator industry.
- Westinghouse Electric Company LLC
Website: https://www.westinghousenuclear.com/
Main products
- Elevators
- Escalators & moving walks
Company profile
Westinghouse Electric Company LLC, founded by George Westinghouse in 1886, is a renowned American manufacturer of elevators, escalators, and moving walkways. Headquartered in Pittsburgh, Pennsylvania, the company serves residential, commercial, and industrial sectors, with an extensive client list including The Home Depot, Lowe’s, Staples, Nordstrom, and Target. Known for its high-quality products and exceptional customer service, Westinghouse also supplies essential parts like sensors and rails. It has been listed among the top 20 best elevator companies worldwide by Global Trade Magazine.
- Omron Giken Co., Ltd(Japan)
Website: https://www.omron.com/jp/ja/
Main products
- Elevators
- Escalators
- Moving walkways
- Stairlifts
- Wheelchair lifts
- Dumbwaiters
Company profile
Omron Giken Co., Ltd. is a leading Japanese elevator equipment manufacturer. The company was founded in 1959 as Omron Fuso Elevator Co., Ltd. and rebranded in 1997. It has been Japan’s largest elevator manufacturer since the early 1960s, with significant market shares in Asia and Europe. Omron Giken offers a wide range of products for new construction and modernization projects, including elevators, escalators, moving walkways, stair lifts, wheelchair lifts, and dumbwaiters. The company also provides global maintenance services through its subsidiaries, ensuring reliable vertical transportation solutions and exceptional customer support.
- Dover Elevators
Website: https://dover-elevators.com.my/
Main products
- Elevators
- Escalator
- Maintenance / Service Sales
- Modernization / Total Replacement
Company profile
Since its establishment in 1994, DOVER Elevators (Malaysia) Sdn. Bhd. has specialized in reliable vertical transport solutions. To accommodate the modernization and comprehensive replacement requirements of existing buildings, they offer customized designs and provide 24/7, 365 days a year breakdown standby service. From passenger elevators to material hoists, they focus on a diverse range of products, serving various settings, including apartments, bungalows, offices, shopping centers, hospitals, educational institutions, and more. Their continuous efforts in energy conservation research and development have been integrated into the state-of-the-art regenerative control system (ReGen), which minimizes the daily consumption of electrical energy by converting and returning the generated power to the electrical grid.
- Express Lift
Website: https://www.expressliftcompany.co.uk/
Main products
- Elevators
- Escalators
- Modernization
- Maintenance and repair
- Kalea Products
Company profile
Express Lift Co. has over a century of experience in elevator modernization, marking them as one of the industry’s most seasoned teams. As early as 1929, Express Lift was honored with the Royal Warrant, providing private elevators for the King. They specialize in delivering high-quality services, including installation, modernization, maintenance of elevators and escalators nationwide, to move people to the places that matter to them. Their dedication to quality is evident in the iconic buildings they’ve serviced, such as the Houses of Parliament, the Bank of England, the BT Tower, and Lloyd’s of London. Through their nationwide brand alliance, they ensure reliable service delivery wherever it is needed.
- FUJIRISE
Website: https://www.fujiriseelevator.com/
Main products
- Passenger elevators
- Home elevator
- Panoramic elevator
- Hospital elevator
- Freight elevator
- Car elevator
- Escalator
- Moving sidewalk
Company profile
FUJIRISE Company is a leading Chinese manufacturer specializing in elevator and escalator solutions, established in 2002. Its 80,000-square-meter factory features automated production lines and produces 30,000 units annually. Renowned for its performance, advanced technology, and safety, FUJIRISE holds internationally recognized certifications like ISO9001, CE, TUV, and EAC. Exporting globally, the company provides extensive after-sales support and continuously innovates to deliver efficient lift solutions, forming successful business relationships worldwide.
Conclusion:
In conclusion, the diverse array of elevator types underscores the importance of selecting a top-tier elevator company. Factors like quality, reliability, safety compliance, customization options, and sustainability are crucial considerations when choosing the best elevator companies. Furthermore, it is vital to explore detailed rankings and individual company profiles to make informed decisions. Partnering with FUJIRISE ensures expert guidance, cutting-edge technology, and personalized solutions tailored to your needs. Hence, you can upgrade your vertical transportation with confidence. Contact FUJIRISE today for quotes and further information to experience effortless and efficient vertical mobility with industry-leading expertise.
