A vertical elevator refers to a permanent transportation device that serves several specific floors in a building, and its car runs on at least two rows of rigid rails that are perpendicular to the horizontal plane.
This report contains market size and forecasts of Vertical Elevator in global, including the following market information:
Global Vertical Elevator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vertical Elevator Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Vertical Elevator companies in 2021 (%)
The global Vertical Elevator market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Speed Ladder Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vertical Elevator include FUJITEC, KONE, Mitsubishi Electric, United Technologies Corporation (Otis Elevator Company), Schindler, Thyssenkrupp AG (Thyssenkrupp Elevator Technology), Hitachi, Express Lifts and Escon Elevators and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vertical Elevator manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vertical Elevator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vertical Elevator Market Segment Percentages, by Type, 2021 (%)
Low Speed Ladder
Medium Speed Ladder
High-Speed Ladder
Super High Speed Ladder
Global Vertical Elevator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vertical Elevator Market Segment Percentages, by Application, 2021 (%)
Shopping Malls
Community
School
Others
Global Vertical Elevator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vertical Elevator Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vertical Elevator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vertical Elevator revenues share in global market, 2021 (%)
Key companies Vertical Elevator sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Vertical Elevator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FUJITEC
KONE
Mitsubishi Electric
United Technologies Corporation (Otis Elevator Company)
Schindler
Thyssenkrupp AG (Thyssenkrupp Elevator Technology)
Hitachi
Express Lifts
Escon Elevators
Toshiba Elevator and Building Systems