Global Hydraulic Elevator Supply, Demand and Key Producers, 2026-2032

The global Hydraulic Elevator market size is expected to reach $ 549 million by 2032, rising at a market growth of -1.3% CAGR during the forecast period (2026-2032).

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 leading players are Otis, Schindler, ThyssenKrupp, Mitsubishi Electric and Hyundai, accounting for about 67.58% revenue market share in 2019.

This report studies the global Hydraulic Elevator production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Hydraulic Elevator and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydraulic Elevator that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Hydraulic Elevator total production and demand, 2021-2032, (Units)

Global Hydraulic Elevator total production value, 2021-2032, (USD Million)

Global Hydraulic Elevator production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)

Global Hydraulic Elevator consumption by region & country, CAGR, 2021-2032 & (Units)

U.S. VS China: Hydraulic Elevator domestic production, consumption, key domestic manufacturers and share

Global Hydraulic Elevator production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)

Global Hydraulic Elevator production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)

Global Hydraulic Elevator production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)

This report profiles key players in the global Hydraulic Elevator market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Otis, Schindler, ThyssenKrupp, Mitsubishi Electric, Fujitec, Hyundai, DNDT, Koood Elevator, IGV, Yungtay Engineering, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydraulic Elevator market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Hydraulic Elevator Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Hydraulic Elevator Market, Segmentation by Type:
Hydraulic Passenger Elevator
Hydraulic Freight Elevator

Global Hydraulic Elevator Market, Segmentation by Application:
Residential
Commercial
Industrial

Companies Profiled:
Otis
Schindler
ThyssenKrupp
Mitsubishi Electric
Fujitec
Hyundai
DNDT
Koood Elevator
IGV
Yungtay Engineering
Sicher Elevator
DAZO Elevator
Joylive Elevator

Key Questions Answered:

1. How big is the global Hydraulic Elevator market?

2. What is the demand of the global Hydraulic Elevator market?

3. What is the year over year growth of the global Hydraulic Elevator market?

4. What is the production and production value of the global Hydraulic Elevator market?

5. Who are the key producers in the global Hydraulic Elevator market?

6. What are the growth factors driving the market demand? Show more