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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.
This report contains market size and forecasts of Hydraulic Elevator in global, including the following market information:
Global Hydraulic Elevator Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hydraulic Elevator Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hydraulic Elevator companies in 2021 (%)
The global Hydraulic Elevator market was valued at 622.8 million in 2021 and is projected to reach US$ 570.6 million by 2028, at a CAGR of -1.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydraulic Passenger Elevator Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hydraulic Elevator include Otis, Schindler, ThyssenKrupp, Mitsubishi Electric, Fujitec, Hyundai, DNDT, Koood Elevator and IGV, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydraulic 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 Hydraulic Elevator Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydraulic Elevator Market Segment Percentages, by Type, 2021 (%)
Hydraulic Passenger Elevator
Hydraulic Freight Elevator
Global Hydraulic Elevator Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydraulic Elevator Market Segment Percentages, by Application, 2021 (%)
Residential
Commercial
Industrial
Global Hydraulic Elevator Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hydraulic 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 Hydraulic Elevator revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hydraulic Elevator revenues share in global market, 2021 (%)
Key companies Hydraulic Elevator sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hydraulic Elevator sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Otis
Schindler
ThyssenKrupp
Mitsubishi Electric
Fujitec
Hyundai
DNDT
Koood Elevator
IGV
Yungtay Engineering
Sicher Elevator
DAZO Elevator
Joylive Elevator
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