World - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Lift market

Lift market: read recently published info secured by an Ai-driven BI platform. Information include trade, market prices, market size, consumption, production, exports, imports, and companies. Here is a breakdown by country, including EU, Africa, Latin America, China, Russia, the Middle East, the U.K., and the U.S. Market trends and forecast to 2030 are also provided in the dashboards.

Lift - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4India
5Brazil

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Japan.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -3.0%. In the other countries, the average annual rates were as follows: the United States (-2.7% per year) and Japan (-2.8% per year).

Lift, Elevator and Moving Stairway Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Belarus115521277311238-1.4%
Sweden151801269112195-10.4%
United States1028812368123619.6%
Spain158051353813287-8.3%
Slovakia213182058215842-13.8%
Canada12971151851584510.5%
Turkey174611744616269-3.5%
Thailand166931308716486-0.6%
Netherlands1758117250177540.5%
China223731622317792-10.8%
France251792303818603-14.0%
Italy191632003618791-1.0%
Germany1781417604200756.2%
Average177241620716341-4.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($20,075 per unit), while Belarus ($11,238 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
France1802117530204956.6%
Australia1688015614191256.4%
United Kingdom14321192051903315.3%
Netherlands184481702917539-2.5%
Russia1577614964162121.4%
Switzerland192341757414232-14.0%
Canada10826144041353611.8%
United States824691281206921.0%
India8953134641192115.4%
Malaysia126751167910691-8.2%
Germany13127970410000-12.7%
Singapore37738473800745.7%
Dominican Republic24486184681440-75.7%
Average1492015702156842.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($20,495 per unit), while the Dominican Republic ($1,440 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Lift, Elevator and Moving Stairway - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.50.41.7%
Russia0.30.30.34.7%
Germany0.20.30.315.4%
United Kingdom0.30.30.3-6.0%
Canada0.30.40.3-7.3%

In value terms, the largest lift, elevator and moving stairway importing markets worldwide were the United States ($423M), Russia ($348M) and Germany ($321M), with a combined 15% share of global imports.

Germany saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Lift, Elevator and Moving Stairway - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China2.22.11.8-8.2%
Italy0.90.80.90.9%
Germany1.10.90.9-10.1%
Spain0.80.70.6-14.4%
Netherlands0.50.50.5-3.6%

In value terms, China ($1.8B) remains the largest lift, elevator and moving stairway supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by Italy ($906M), with a 11% share of global exports. It was followed by Germany, with a 11% share.

In China, lift, elevator and moving stairway exports shrank by an average annual rate of -8.2% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+0.9% per year) and Germany (-10.1% per year).

Lift, Elevator and Moving Stairway - Market Forecast

Driven by rising demand for lift, elevator and moving stairway worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Lift, Elevator and Moving Stairway - Top Companies

AS Aufzüge AG, Shanghai Mechanical and Electrical Industry Co., Ltd., Shanghai Mitsubishi Elevator Co., Ltd., HITACHI BUILDING SYSTEMS CO., LTD., Thyssenkrupp Elevator Corporation, Hitachi Elevator (China) Co., Ltd., Hyundai Elevator Co., Ltd., FUJITEC CO., LTD., Schindler (China) Elevator Co., Ltd., Otis Electric Elevator Co., Ltd., Thyssen Elevators Co., Ltd., TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION, Schindler Enterprises Inc., Schindler Elevator Corporation, ZARDOYA OTIS, SA, OTIS ELEVATOR COMPANY PTY LTD, SANSCORD PTY LTD, ThyssenKrupp Elevator (Korea) Ltd., Tisenkeu Roof Elevator Korea Gangseo Co., Ltd., Elevadores Atlas Schindler Ltda

Lift - Product Coverage

  • HS 842810 - Lifts and skip hoists; for lifting, handling, loading or unloading
  • HS 842820 - Elevators and conveyors; pneumatic, for lifting, handling, loading or unloading
  • HS 842840 - Escalators and moving walkways
  • HS 842860 - Teleferics, chair-lifts, ski-draglines, traction mechanisms for funiculars

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for lift, elevator, stairway and dragline. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024
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