Abstract
Summary
Hydraulic elevators are elevators which are powered by a piston that travels inside a cylinder. An electric motor pumps hydraulic oil into the cylinder to move the piston. The piston smoothly lifts the elevator cab. Electrical valves control the release of the oil for a gentle descent.
The global Hydraulic Elevator market is projected to reach US$ 551.7 million by 2030 from an estimated US$ 596.8 million in 2024, at a CAGR of -1.3% during 2024 and 2030.
The leading players are Otis, Schindler, ThyssenKrupp, Mitsubishi Electric and Hyundai, accounting for about 67.58% revenue market share in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hydraulic Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Hydraulic Elevator.
The Hydraulic Elevator market size, estimations, and forecasts are provided in terms of sales volume (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 Hydraulic 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 Hydraulic Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
Otis
Schindler
ThyssenKrupp
Mitsubishi Electric
Fujitec
Hyundai
DNDT
Koood Elevator
IGV
Yungtay Engineering
Sicher Elevator
DAZO Elevator
Joylive Elevator
Segment by Type
Hydraulic Passenger Elevator
Hydraulic Freight Elevator
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue of Hydraulic Elevator in global and regional 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 of each country in the world.
Chapter 3: Detailed analysis of Hydraulic Elevator manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Hydraulic Elevator sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: 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 14: Research Findings and Conclusion.
The global Hydraulic Elevator market is projected to reach US$ 551.7 million by 2030 from an estimated US$ 596.8 million in 2024, at a CAGR of -1.3% during 2024 and 2030.
The leading players are Otis, Schindler, ThyssenKrupp, Mitsubishi Electric and Hyundai, accounting for about 67.58% revenue market share in 2019.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Hydraulic Elevator, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyse their position in the current marketplace, and make informed business decisions regarding Hydraulic Elevator.
The Hydraulic Elevator market size, estimations, and forecasts are provided in terms of sales volume (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 Hydraulic 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 Hydraulic Elevator manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and regions.
Market Segmentation
By Company
Otis
Schindler
ThyssenKrupp
Mitsubishi Electric
Fujitec
Hyundai
DNDT
Koood Elevator
IGV
Yungtay Engineering
Sicher Elevator
DAZO Elevator
Joylive Elevator
Segment by Type
Hydraulic Passenger Elevator
Hydraulic Freight Elevator
Segment by Application
Residential
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue of Hydraulic Elevator in global and regional 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 of each country in the world.
Chapter 3: Detailed analysis of Hydraulic Elevator manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Hydraulic Elevator sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 13: 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 14: Research Findings and Conclusion.
Table of Contents
1 Study Coverage
1.1 Hydraulic Elevator Product Introduction
1.2 Market by Type
1.2.1 Global Hydraulic Elevator Market Size Growth Rate by Type (2019 VS 2023 VS 2030)
1.2.2 Hydraulic Passenger Elevator
1.2.3 Hydraulic Freight Elevator
1.3 Market by Application
1.3.1 Global Hydraulic Elevator Market Size Growth Rate by Application (2019 VS 2023 VS 2030)
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Hydraulic Elevator Market Size Estimates and Forecasts
2.1.1 Global Hydraulic Elevator Revenue 2019-2030
2.1.2 Global Hydraulic Elevator Sales 2019-2030
2.2 Hydraulic Elevator Market Size by Region: 2023 Versus 2030
2.3 Hydraulic Elevator Sales by Region (2019-2030)
2.3.1 Global Hydraulic Elevator Sales by Region: 2019-2024
2.3.2 Global Hydraulic Elevator Sales Forecast by Region (2025-2030)
2.3.3 Global Hydraulic Elevator Sales Market Share by Region (2019-2030)
2.4 Hydraulic Elevator Market Estimates and Projections by Region (2025-2030)
2.4.1 Global Hydraulic Elevator Revenue by Region: 2019-2024
2.4.2 Global Hydraulic Elevator Revenue Forecast by Region (2025-2030)
2.4.3 Global Hydraulic Elevator Revenue Market Share by Region (2019-2030)
3 Global Hydraulic Elevator by Manufacturers
3.1 Global Top Hydraulic Elevator Manufacturers by Sales
3.1.1 Global Hydraulic Elevator Sales by Manufacturer (2019-2024)
3.1.2 Global Hydraulic Elevator Sales Market Share by Manufacturer (2019-2024)
3.2 Global Top Hydraulic Elevator Manufacturers by Revenue
3.2.1 Global Hydraulic Elevator Revenue by Manufacturer (2019-2024)
3.2.2 Global Hydraulic Elevator Revenue Share by Manufacturer (2019-2024)
3.3 Global Hydraulic Elevator Price by Manufacturer (2019-2024)
3.4 Competitive Landscape
3.4.1 Key Hydraulic Elevator Manufacturers Covered: Ranking by Revenue
3.4.2 Global Hydraulic Elevator Market Concentration Ratio (CR5 and HHI) & (2019-2024)
3.4.3 Global Hydraulic Elevator Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.5 Global Hydraulic Elevator Manufacturing Base Distribution, Product Type
3.5.1 Hydraulic Elevator Manufacturers Manufacturing Base Distribution, Headquarters
3.5.2 Manufacturers Hydraulic Elevator Product Type
3.5.3 Date of International Manufacturers Enter into Hydraulic Elevator Market
3.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4 Company Profiles
4.1 Otis
4.1.1 Otis Company Information
4.1.2 Otis Description, Business Overview
4.1.3 Otis Hydraulic Elevator Products Offered
4.1.4 Otis Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.1.5 Otis Hydraulic Elevator Sales by Product in 2023
4.1.6 Otis Hydraulic Elevator Sales by Application in 2023
4.1.7 Otis Hydraulic Elevator Sales by Geographic Area in 2023
4.1.8 Otis Recent Developments
4.2 Schindler
4.2.1 Schindler Company Information
4.2.2 Schindler Description, Business Overview
4.2.3 Schindler Hydraulic Elevator Products Offered
4.2.4 Schindler Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.2.5 Schindler Hydraulic Elevator Sales by Product in 2023
4.2.6 Schindler Hydraulic Elevator Sales by Application in 2023
4.2.7 Schindler Hydraulic Elevator Sales by Geographic Area in 2023
4.2.8 Schindler Recent Developments
4.3 ThyssenKrupp
4.3.1 ThyssenKrupp Company Information
4.3.2 ThyssenKrupp Description, Business Overview
4.3.3 ThyssenKrupp Hydraulic Elevator Products Offered
4.3.4 ThyssenKrupp Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.3.5 ThyssenKrupp Hydraulic Elevator Sales by Product in 2023
4.3.6 ThyssenKrupp Hydraulic Elevator Sales by Application in 2023
4.3.7 ThyssenKrupp Hydraulic Elevator Sales by Geographic Area in 2023
4.3.8 ThyssenKrupp Recent Developments
4.4 Mitsubishi Electric
4.4.1 Mitsubishi Electric Company Information
4.4.2 Mitsubishi Electric Description, Business Overview
4.4.3 Mitsubishi Electric Hydraulic Elevator Products Offered
4.4.4 Mitsubishi Electric Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.4.5 Mitsubishi Electric Hydraulic Elevator Sales by Product in 2023
4.4.6 Mitsubishi Electric Hydraulic Elevator Sales by Application in 2023
4.4.7 Mitsubishi Electric Hydraulic Elevator Sales by Geographic Area in 2023
4.4.8 Mitsubishi Electric Recent Developments
4.5 Fujitec
4.5.1 Fujitec Company Information
4.5.2 Fujitec Description, Business Overview
4.5.3 Fujitec Hydraulic Elevator Products Offered
4.5.4 Fujitec Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.5.5 Fujitec Hydraulic Elevator Sales by Product in 2023
4.5.6 Fujitec Hydraulic Elevator Sales by Application in 2023
4.5.7 Fujitec Hydraulic Elevator Sales by Geographic Area in 2023
4.5.8 Fujitec Recent Developments
4.6 Hyundai
4.6.1 Hyundai Company Information
4.6.2 Hyundai Description, Business Overview
4.6.3 Hyundai Hydraulic Elevator Products Offered
4.6.4 Hyundai Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.6.5 Hyundai Hydraulic Elevator Sales by Product in 2023
4.6.6 Hyundai Hydraulic Elevator Sales by Application in 2023
4.6.7 Hyundai Hydraulic Elevator Sales by Geographic Area in 2023
4.6.8 Hyundai Recent Development
4.7 DNDT
4.7.1 DNDT Company Information
4.7.2 DNDT Description, Business Overview
4.7.3 DNDT Hydraulic Elevator Products Offered
4.7.4 DNDT Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.7.5 DNDT Hydraulic Elevator Sales by Product in 2023
4.7.6 DNDT Hydraulic Elevator Sales by Application in 2023
4.7.7 DNDT Hydraulic Elevator Sales by Geographic Area in 2023
4.7.8 DNDT Recent Development
4.8 Koood Elevator
4.8.1 Koood Elevator Company Information
4.8.2 Koood Elevator Description, Business Overview
4.8.3 Koood Elevator Hydraulic Elevator Products Offered
4.8.4 Koood Elevator Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.8.5 Koood Elevator Hydraulic Elevator Sales by Product in 2023
4.8.6 Koood Elevator Hydraulic Elevator Sales by Application in 2023
4.8.7 Koood Elevator Hydraulic Elevator Sales by Geographic Area in 2023
4.8.8 Koood Elevator Recent Development
4.9 IGV
4.9.1 IGV Company Information
4.9.2 IGV Description, Business Overview
4.9.3 IGV Hydraulic Elevator Products Offered
4.9.4 IGV Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.9.5 IGV Hydraulic Elevator Sales by Product in 2023
4.9.6 IGV Hydraulic Elevator Sales by Application in 2023
4.9.7 IGV Hydraulic Elevator Sales by Geographic Area in 2023
4.9.8 IGV Recent Development
4.10 Yungtay Engineering
4.10.1 Yungtay Engineering Company Information
4.10.2 Yungtay Engineering Description, Business Overview
4.10.3 Yungtay Engineering Hydraulic Elevator Products Offered
4.10.4 Yungtay Engineering Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.10.5 Yungtay Engineering Hydraulic Elevator Sales by Product in 2023
4.10.6 Yungtay Engineering Hydraulic Elevator Sales by Application in 2023
4.10.7 Yungtay Engineering Hydraulic Elevator Sales by Geographic Area in 2023
4.10.8 Yungtay Engineering Recent Development
4.11 Sicher Elevator
4.11.1 Sicher Elevator Company Information
4.11.2 Sicher Elevator Description, Business Overview
4.11.3 Sicher Elevator Hydraulic Elevator Products Offered
4.11.4 Sicher Elevator Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.11.5 Sicher Elevator Hydraulic Elevator Sales by Product in 2023
4.11.6 Sicher Elevator Hydraulic Elevator Sales by Application in 2023
4.11.7 Sicher Elevator Hydraulic Elevator Sales by Geographic Area in 2023
4.11.8 Sicher Elevator Recent Development
4.12 DAZO Elevator
4.12.1 DAZO Elevator Company Information
4.12.2 DAZO Elevator Description, Business Overview
4.12.3 DAZO Elevator Hydraulic Elevator Products Offered
4.12.4 DAZO Elevator Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.12.5 DAZO Elevator Hydraulic Elevator Sales by Product in 2023
4.12.6 DAZO Elevator Hydraulic Elevator Sales by Application in 2023
4.12.7 DAZO Elevator Hydraulic Elevator Sales by Geographic Area in 2023
4.12.8 DAZO Elevator Recent Development
4.13 Joylive Elevator
4.13.1 Joylive Elevator Company Information
4.13.2 Joylive Elevator Description, Business Overview
4.13.3 Joylive Elevator Hydraulic Elevator Products Offered
4.13.4 Joylive Elevator Hydraulic Elevator Sales, Revenue and Gross Margin (2019-2024)
4.13.5 Joylive Elevator Hydraulic Elevator Sales by Product in 2023
4.13.6 Joylive Elevator Hydraulic Elevator Sales by Application in 2023
4.13.7 Joylive Elevator Hydraulic Elevator Sales by Geographic Area in 2023
4.13.8 Joylive Elevator Recent Development
5 Breakdown Data by Type
5.1 Global Hydraulic Elevator Sales by Type (2019-2030)
5.1.1 Global Hydraulic Elevator Sales by Type (2019-2024)
5.1.2 Global Hydraulic Elevator Sales Forecast by Type (2025-2030)
5.1.3 Global Hydraulic Elevator Sales Market Share by Type (2019-2030)
5.2 Global Hydraulic Elevator Revenue Forecast by Type (2019-2030)
5.2.1 Global Hydraulic Elevator Revenue by Type (2019-2024)
5.2.2 Global Hydraulic Elevator Revenue Forecast by Type (2025-2030)
5.2.3 Global Hydraulic Elevator Revenue Market Share by Type (2019-2030)
5.3 Hydraulic Elevator Average Selling Price (ASP) by Type (2019-2030)
6 Breakdown Data by Application
6.1 Global Hydraulic Elevator Sales by Application (2019-2030)
6.1.1 Global Hydraulic Elevator Sales by Application (2019-2024)
6.1.2 Global Hydraulic Elevator Sales Forecast by Application (2025-2030)
6.1.3 Global Hydraulic Elevator Sales Market Share by Application (2019-2030)
6.2 Global Hydraulic Elevator Revenue Forecast by Application (2019-2030)
6.2.1 Global Hydraulic Elevator Revenue by Application (2019-2024)
6.2.2 Global Hydraulic Elevator Revenue Forecast by Application (2025-2030)
6.2.3 Global Hydraulic Elevator Revenue Market Share by Application (2019-2030)
6.3 Hydraulic Elevator Average Selling Price (ASP) by Application (2019-2030)
7 North America
7.1 North America Hydraulic Elevator Market Size YoY Growth 2019-2030
7.2 North America Hydraulic Elevator Market Facts & Figures by Country
7.2.1 North America Hydraulic Elevator Sales by Country (2019-2030)
7.2.2 North America Hydraulic Elevator Revenue by Country (2019-2030)
7.3 North America Hydraulic Elevator Sales by Type (2019-2024)
7.4 North America Hydraulic Elevator Sales by Application (2019-2024)
8 Asia-Pacific
8.1 Asia-Pacific Hydraulic Elevator Market Size YoY Growth 2019-2030
8.2 Asia-Pacific Hydraulic Elevator Market Facts & Figures by Region
8.2.1 Asia-Pacific Hydraulic Elevator Sales by Region (2019-2030)
8.2.2 Asia-Pacific Hydraulic Elevator Revenue by Region (2019-2030)
8.3 Asia-Pacific Hydraulic Elevator Sales by Type (2019-2024)
8.4 Asia-Pacific Hydraulic Elevator Sales by Application (2019-2024)
9 Europe
9.1 Europe Hydraulic Elevator Market Size YoY Growth 2019-2030
9.2 Europe Hydraulic Elevator Market Facts & Figures by Country
9.2.1 Europe Hydraulic Elevator Sales by Country (2019-2030)
9.2.2 Europe Hydraulic Elevator Revenue by Country (2019-2030)
9.3 Europe Hydraulic Elevator Sales by Type (2019-2024)
9.4 Europe Hydraulic Elevator Sales by Application (2019-2024)
10 Latin America
10.1 Latin America Hydraulic Elevator Market Size YoY Growth 2019-2030
10.2 Latin America Hydraulic Elevator Market Facts & Figures by Country
10.2.1 Latin America Hydraulic Elevator Sales by Country (2019-2030)
10.2.2 Latin America Hydraulic Elevator Revenue by Country (2019-2030)
10.3 Latin America Hydraulic Elevator Sales by Type (2019-2024)
10.4 Latin America Hydraulic Elevator Sales by Application (2019-2024)
11 Middle East and Africa
11.1 Middle East and Africa Hydraulic Elevator Market Size YoY Growth 2019-2030
11.2 Middle East and Africa Hydraulic Elevator Market Facts & Figures by Country
11.2.1 Middle East and Africa Hydraulic Elevator Sales by Country (2019-2030)
11.2.2 Middle East and Africa Hydraulic Elevator Revenue by Country (2019-2030)
11.3 Middle East and Africa Hydraulic Elevator Sales by Type (2019-2024)
11.4 Middle East and Africa Hydraulic Elevator Sales by Application (2019-2024)
12 Supply Chain and Sales Channel Analysis
12.1 Hydraulic Elevator Supply Chain Analysis
12.2 Hydraulic Elevator Key Raw Materials and Upstream Suppliers
12.3 Hydraulic Elevator Clients Analysis
12.4 Hydraulic Elevator Sales Channel and Sales Model Analysis
12.4.1 Hydraulic Elevator Distribution Channel Analysis: Indirect Sales VS Direct Sales
12.4.2 Hydraulic Elevator Distribution Channel Analysis: Online Sales VS Offline Sales
12.4.3 Hydraulic Elevator Distributors
13 Market Dynamics
13.1 Hydraulic Elevator Industry Trends
13.2 Hydraulic Elevator Market Drivers
13.3 Hydraulic Elevator Market Challenges
13.4 Hydraulic Elevator Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author Details
15.3 Disclaimer