List: Top 20 Best Elevator Companies in World(updated 2023)
One of the most important things in a building is having an elevator. Though most buildings have this essential part, some are not upgraded or renovated to make them more efficient and safe. It is in your best interest to hire an elevator company that can work on your current building and adds new features to improve it. If you’re looking for the best elevator companies, check out this list!
List of Top Elevator Company Brands:
Otis is a global company that manufactures and sells elevators, escalators, moving walkways, and related services and parts. Otis was founded in 1853 by Elisha Graves Otis, who invented the safety elevator for which it is named. The company’s headquarters are located in Farmington, Connecticut.
Otis is the world’s largest manufacturer and maintainer of vertical transportation systems. Otis also developed the world’s first hydraulic passenger elevator in 1852. The company’s products are found in high-rise buildings, hotels, airports and malls around the globe.
ThyssenKrupp is the largest elevator manufacturer in the world, with over1 a million elevators installed worldwide. The company was founded in 1834 by August Thyssen, who began manufacturing steel products, including iron ore and pig iron. In 1867, he established a steel plant in Duisburg-Hamborn called Hüttenwerke Gustavsburg, which became part of ThyssenKrupp in 1999.
In 2001, ThyssenKrupp was formed after a merger between Thyssen AG and Krupp Stahl AG. It has two main divisions: Materials and Solutions; and Services.
ThyssenKrupp Elevator Americas is one of the leading elevator companies in North America and one of the world’s leading manufacturers of elevators, escalators and moving walks. They offer a full range of elevators for residential high-rise buildings and commercial building projects like hotels, casinos, office buildings and mixed-use developments such as malls or mixed-use shopping centers.
Kone is one of the leading elevator companies in the world. They offer a wide range of residential, commercial, and public transportation services. Their elevators are often used in high-traffic areas like airports and shopping malls.
KONE is a Finnish elevator and escalator manufacturer founded in 1910. The company is a leading global supplier of elevators, escalators, and automatic building doors. KONE has a market share of about 20% in the global elevator industry. The company’s headquarters are located in Helsinki, Finland.
Schindler is a leading global manufacturer of elevators, escalators and moving walks. Schindler operates in over 100 countries, employs over 50,000, and produces over 2 million elevators and escalators annually. Schindler has a presence in all the major international markets like North America, Latin America, Europe, Middle East & Africa and Asia-Pacific.
They also offer a wide range of services, including elevator inspections, maintenance, and replacements when necessary.
5. Mitsubishi Electric Europe N.V. (Belgium)
Mitsubishi Elevator Corporation is a well-known Japanese elevator company that offers high-quality products at a reasonable price. Their elevators are often compared to those of more expensive brands and are considered some of the best in the world.
The company is a subsidiary of Mitsubishi Electric Corporation, Japan, and it is one of the top elevator companies in the world. It is a global leader in elevators and escalators, with around 60% market share worldwide. The company has manufacturing plants in 20 countries, including China, Indonesia, Malaysia and Thailand, as well as in Europe (the U.K.), Australia and New Zealand.
6. Mitsubishi Heavy Industries, Ltd.(Japan)
Mitsubishi Heavy Industries Ltd.(MHI) is a Japanese company that specializes in building elevators, escalators, and moving walkways.
The company has been in business for over 100 years and has completed projects worldwide. MHI provides these services to private residences, commercial buildings, and government offices. They have installed elevators in many famous buildings, including the Burj Khalifa in Dubai, the tallest building in the world at 2,722 feet high.
7. ThyssenKrupp Elevator AG(Duisburg)
ThyssenKrupp Elevator AG is a German elevator manufacturing company headquartered in Duisburg, North Rhine-Westphalia, Germany. It is the world’s largest producer of passenger and freight elevators and escalators. Its products are in public buildings, office buildings, industrial plants, hotels, airports and residential buildings.
ThyssenKrupp employs approximately 159,000 people worldwide (including sales and services) with revenues of about €23 billion. The company is organized into six divisions: Elevator & Escalator, Industrial Solutions, Materials, Technologies & Services, Building Technologies (including New Business Creation) and Financial Services. Its headquarters are in Duisburg, Germany.
8. Doppelmayr Group(Austria)
Doppelmayr Group is a leading elevator company in the world, headquartered in Austria. It offers services for the construction of elevators, escalators and chairlifts. The Doppelmayr Group also provides maintenance and repair services for its products. The company has been working since 1853, making it one of the oldest elevator companies in the world; with more than 60 years of experience as a manufacturer and service provider, they bring together innovation, technology and passion for creating the world’s most reliable and best-performing people movers.
They design, manufacture, install and maintain their products worldwide. Its portfolio includes passenger elevators, freight elevators, vertical transportation systems, escalators and moving walkways. The Doppelmayr Group is a major supplier of public transport projects around the globe, with an installed base of over 200 installations in metro systems around the world.
Vestas is a Danish wind turbine manufacturer founded in 1898 and one of the world’s largest wind turbine manufacturers. The company has locations around the world and has more than 10,000 employees. The company manufactures wind turbines for utility-scale and residential use and develops offshore wind farms.
Vestas is a company that makes wind turbines. However, they also make Elevators, which transport workers and materials up high into wind turbine towers. Their elevators are highly reliable and safe, making them a great choice for businesses and organizations that need to transport large numbers of people quickly and safely.
10. Fujitec Co., Ltd.(Japan)
Fujitec is a Japanese elevator company headquartered in Tokyo, Japan. It was founded in 1969 and is currently one of the leading manufacturers of elevators and escalators in the world. The company has over 100 subsidiaries worldwide and offices in China, Hong Kong, India, Indonesia, Malaysia and Singapore. The company’s products include passenger and freight elevators, escalators, moving walkways and other related products.
11. Hitachi Elevator & Building Systems, Ltd.(Japan))
Hitachi Elevator & Building Systems, Ltd., a subsidiary of Hitachi Construction Machinery Co., Ltd., is a leading elevator and escalator manufacturer in Japan. The company’s elevator product line includes high-rise elevators, escalators, moving walks and other related products. Hitachi has supplied more than 60% of the elevators installed in Japan since its founding in 1883.
Its product line includes passenger and freight elevators, escalators, moving walks, and other products for commercial buildings, residential buildings, and airports. The company has an approximately 46% share of the global elevator market.
12. LG-ECS Corporation(South Korea)
LG-ECS Corporation is a South Korean multinational elevator and escalator company headquartered in Seoul, South Korea.
The company was founded in 1946 as a trading company, providing products such as elevators, escalators, and moving walkways. It was known as Lucky-Goldstar until 1998, when it changed its name to L.G. after merging with Lucky Chemical Company.
LG-ECS Corporation has over 90 subsidiaries worldwide, including L.G. Elevator India Private Limited (New Delhi) and L.G. Elevator (Thailand) Co., Ltd. (Bangkok). The company’s main competitors are Otis Elevator Company and Schindler Group.
13. Toshiba Elevator & Building Systems Corporation(Japan)
Toshiba Elevator & Building Systems Corporation is one of the biggest elevator companies in the world. It manufactures elevators and escalators for residential buildings, commercial buildings, shopping malls and airports.
The company also provides related service maintenance and repair services for its products. Toshiba Elevator & Building Systems has produced over 100 million elevators and escalators worldwide from its manufacturing plants in Japan, China, Vietnam, France, Brazil and the United States.
14. Westinghouse Electric Company LLC(USA)
Westinghouse Electric Company LLC is a company that manufactures elevators, escalators and moving walkways. The company was founded in 1886 by George Westinghouse. It is based in Pittsburgh, Pennsylvania, United States.
Westinghouse Electric Company LLC provides elevators and escalators for residential, commercial and industrial buildings. It supplies its products to companies such as The Home Depot, Lowe’s Companies Inc., Staples Inc., Nordstrom Inc., Target Corporation etc. The company also provides parts for its products like sensors, rails and other mechanical parts.
Global Trade Magazine’s annual ranking of top global trade companies, Westinghouse Electric Company LLC, has been among the top 20 best elevator companies worldwide.
15. Hyundai Elevator Co., Ltd (HECO)
Hyundai Elevator Co., Ltd (HECO) is a South Korean elevator company. It was founded in 1975 and is based in Seoul, South Korea. The company also has offices in Los Angeles, California and New York City, New York. HECO provides elevator products and services throughout Asia, the Americas, Europe and Africa.
The company focuses on the production and sales of elevators and escalators. In 2021, it produced approximately 4,500 lifts, and over 150 million passengers rode on them. Most of its products are installed in residential buildings but have also been used in commercial buildings.
16. Omron Giken Co., Ltd(Japan)
Omron Giken Co., Ltd. is a Japanese company that makes elevator equipment and systems. The company was founded in 1959 as Omron Fuso Elevator Co., Ltd. and changed its name to Omron Giken Co., Ltd. in 1997. Omron Giken provides products for new construction and modernization projects, including elevators, escalators, moving walkways (also called moving sidewalks), stair lifts (also called stair gliders), wheelchair lifts, dumbwaiters and other equipment for vertical transportation.
Omron Giken has been the largest manufacturer of elevators in Japan since the early 1960s. It also has a significant market share in Asia and Europe. In addition to manufacturing elevators and other transportation equipment, Omron Giken provides maintenance services through its subsidiaries worldwide.
17. Fuhrmann & Company, Incorporated (Fuhrmann)
Fuhrmann Elevator Corporation is a leading manufacturer of elevators and escalators. The company has more than 100 locations across the globe and employs more than 11,000 people. The company is engaged in manufacturing, selling and servicing elevators & escalators.
It offers freight & passenger elevators, escalators, moving walks and dumbwaiters used to transport goods or people between floors in buildings or ships etc. The company also provides installation, maintenance and modernization services for its products.
Kleemann is one of the leading elevator companies in the world. It has a presence in more than 70 countries across the globe. The company focuses on providing high-quality elevators to its customers. The company also offers modern lifts, escalators and moving walkways.
Pablo Kleemann founded the company in 1859. It is headquartered in Germany and has offices in Australia, Brazil, China, France, India, Italy and South Africa. The company has been listed on the Frankfurt Stock Exchange since 2001. Since then, it has been expanding its operations rapidly across the world.
Stannah is a British company that manufactures elevators, stairlifts and other mobility products. The company has been in business since 1875 and provides service to more than 80 countries worldwide.
The company’s elevator lines include residential, commercial and industrial models. Stannah also manufactures stairlifts for homes and businesses and wheelchair lifts for cars and buses.
Stannah is headquartered in Bradford, England, but it also has offices in the United Kingdom and branches in many other countries worldwide, including Belgium, France and Germany.
20. Dazen Electromechanical Technology Co., Ltd（China）
Suzhou Dazen Electromechanical Technology Co., Ltd is an elevator and elevator parts full solution provider. We are one of the top 10 china elevator manufacturers in China. The powerful production system and the technical team make us build complete product series, which includes Passenger elevators, Home elevators, Cargo elevators, Hospital elevators, Glass elevators, escalators, and all kinds of Elevator components.
Contact us immediately and communicate with our professional design team.
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For More of Your Questions.
How Can I Compare Between Different Elevator Companies?
Here are some questions you can ask to compare elevator companies:
1. How long has the elevator company been in business?
2. What is the company’s warranty?
3. What is their record of customer satisfaction?
4. How long will it take to install my elevator?
5. Will I need an electrician or plumber to install my elevator?
6. What are the main types of elevators? What are the benefits/disadvantages of each type?
7. Will they come out and give me a free estimate?
Choosing an elevator company is a big step; it’ll be part of your home or business for years. You want someone you can trust to give you the best product at a fair price.
Here are some questions to ask potential elevator companies:
1. What experience do you have?
2. How long has your company been in business?
3. What kind of experience do your technicians have?
4. Do you install elevators? Can I watch the installation process? If so, when and where would this be possible?
5. What is your warranty on parts and labor? What does it cover (elevators, panels, etc.)? How long does it last? How much does it cost to extend the warranty from one year to five years (or more)? If a problem arises during the warranty period, will the repair be covered at no charge, or will there be an additional cost for labor and parts?
6. Is a maintenance program available for my new elevator that includes regular inspections by qualified technicians who know how to maintain and service my equipment properly over time without having to call them out whenever something goes wrong or gets stuck?
Top 10 Elevator Brands
5. Mitsubishi Electric Europe N.V. (Belgium)
6. ThyssenKrupp Elevator AG(Duisburg)
7. Fujitec Co., Ltd.(Japan)
8. Hyundai Elevator Co., Ltd (HECO)
9. Fuhrmann & Company, Incorporated (Fuhrmann)