Top 10 Elevator Companies in The World (2025)

1. Otis

Otis Worldwide Corporation is an American company and one of the largest elevator and escalator manufacturers in the world. Founded in 1853 by Elisha Otis, the company is a pioneer in elevator safety systems and vertical transportation.


2. Schindler

Schindler Group is a Swiss firm that manufactures, installs, and modernizes elevators, escalators, and moving walkways. Founded in 1874, they operate in over 100 countries, focusing on smart, efficient, and sustainable urban mobility.


3. KONE

KONE Corporation is a Finnish multinational known for its innovative elevator and escalator solutions. Their products emphasize energy efficiency, smooth ride quality, and smart building integration.


4. TK Elevator (ThyssenKrupp Elevator)

TK Elevator (formerly ThyssenKrupp Elevator) is a German company offering elevators, escalators, and modernization services. They provide vertical mobility solutions for both new constructions and existing buildings.


5. Mitsubishi Electric

Mitsubishi Electric develops and supplies high-quality elevators and escalators. Their offerings include high-speed systems, energy-efficient drives, and custom cabin design tools to suit different types of buildings.


6. Hitachi

Hitachi Ltd. provides vertical transportation systems including elevators and escalators. Through its infrastructure business, it leverages global R&D to deliver reliable, advanced elevator technology. (Note: company site for infrastructure business includes their elevator division.)


7. Fujitec

Fujitec Co., Ltd., headquartered in Japan, produces elevators, escalators, and moving walkways. With operations in ~20 countries, Fujitec is known for its strong engineering quality and global service network.


8. Hyundai Elevator

Hyundai Elevator Co., Ltd. is a South Korean company that manufactures elevators, escalators, and parking systems. They have a global presence through subsidiaries and agents in many countries.


9. Kleemann

Kleemann S.A. is a Greek elevator manufacturer that offers customized lift solutions (passenger, freight, hospital, hotel, etc.). They emphasize tailor-made design and high manufacturing standards.


10. Stannah

Stannah Lifts Holdings Ltd is a UK-based, family-owned company known especially for stairlifts and home accessibility solutions. They also provide passenger lifts, platform lifts, and maintenance services.

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