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Lift Modernisation Market, Global Outlook and Forecast 2022-2028

May 2022 | 66 pages | ID: L20B27AD302DEN
Market Monitor Global

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This report contains market size and forecasts of Lift Modernisation in Global, including the following market information:

Global Lift Modernisation Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Lift Modernisation market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Hydraulic Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Lift Modernisation include Hitachi, Hyundai Elevator, Doppler S.A., Fujitec, TK Elevator, Schindler Group, Johnson Lifts Private Ltd, Magnetek, Inc. and Richmond Elevator, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lift Modernisation companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Lift Modernisation Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Lift Modernisation Market Segment Percentages, by Type, 2021 (%)
  • Hydraulic
  • Traction
Global Lift Modernisation Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Lift Modernisation Market Segment Percentages, by Application, 2021 (%)
  • Commercial
  • Industrial
  • Residential
Global Lift Modernisation Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Lift Modernisation 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 Lift Modernisation revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Lift Modernisation revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • Hitachi
  • Hyundai Elevator
  • Doppler S.A.
  • Fujitec
  • TK Elevator
  • Schindler Group
  • Johnson Lifts Private Ltd
  • Magnetek, Inc.
  • Richmond Elevator
  • Wittur Group
  • Mitsubishi Electric
  • Otis Elevator Company
  • KONE Corporation
  • Toshiba Elevator and Building Systems Corporation
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Lift Modernisation Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Lift Modernisation Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL LIFT MODERNISATION OVERALL MARKET SIZE

2.1 Global Lift Modernisation Market Size: 2021 VS 2028
2.2 Global Lift Modernisation Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Lift Modernisation Players in Global Market
3.2 Top Global Lift Modernisation Companies Ranked by Revenue
3.3 Global Lift Modernisation Revenue by Companies
3.4 Top 3 and Top 5 Lift Modernisation Companies in Global Market, by Revenue in 2021
3.5 Global Companies Lift Modernisation Product Type
3.6 Tier 1, Tier 2 and Tier 3 Lift Modernisation Players in Global Market
  3.6.1 List of Global Tier 1 Lift Modernisation Companies
  3.6.2 List of Global Tier 2 and Tier 3 Lift Modernisation Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Lift Modernisation Market Size Markets, 2021 & 2028
  4.1.2 Hydraulic
  4.1.3 Traction
4.2 By Type - Global Lift Modernisation Revenue & Forecasts
  4.2.1 By Type - Global Lift Modernisation Revenue, 2017-2022
  4.2.2 By Type - Global Lift Modernisation Revenue, 2023-2028
  4.2.3 By Type - Global Lift Modernisation Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Lift Modernisation Market Size, 2021 & 2028
  5.1.2 Commercial
  5.1.3 Industrial
  5.1.4 Residential
5.2 By Application - Global Lift Modernisation Revenue & Forecasts
  5.2.1 By Application - Global Lift Modernisation Revenue, 2017-2022
  5.2.2 By Application - Global Lift Modernisation Revenue, 2023-2028
  5.2.3 By Application - Global Lift Modernisation Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Lift Modernisation Market Size, 2021 & 2028
6.2 By Region - Global Lift Modernisation Revenue & Forecasts
  6.2.1 By Region - Global Lift Modernisation Revenue, 2017-2022
  6.2.2 By Region - Global Lift Modernisation Revenue, 2023-2028
  6.2.3 By Region - Global Lift Modernisation Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Lift Modernisation Revenue, 2017-2028
  6.3.2 US Lift Modernisation Market Size, 2017-2028
  6.3.3 Canada Lift Modernisation Market Size, 2017-2028
  6.3.4 Mexico Lift Modernisation Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Lift Modernisation Revenue, 2017-2028
  6.4.2 Germany Lift Modernisation Market Size, 2017-2028
  6.4.3 France Lift Modernisation Market Size, 2017-2028
  6.4.4 U.K. Lift Modernisation Market Size, 2017-2028
  6.4.5 Italy Lift Modernisation Market Size, 2017-2028
  6.4.6 Russia Lift Modernisation Market Size, 2017-2028
  6.4.7 Nordic Countries Lift Modernisation Market Size, 2017-2028
  6.4.8 Benelux Lift Modernisation Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Lift Modernisation Revenue, 2017-2028
  6.5.2 China Lift Modernisation Market Size, 2017-2028
  6.5.3 Japan Lift Modernisation Market Size, 2017-2028
  6.5.4 South Korea Lift Modernisation Market Size, 2017-2028
  6.5.5 Southeast Asia Lift Modernisation Market Size, 2017-2028
  6.5.6 India Lift Modernisation Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Lift Modernisation Revenue, 2017-2028
  6.6.2 Brazil Lift Modernisation Market Size, 2017-2028
  6.6.3 Argentina Lift Modernisation Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Lift Modernisation Revenue, 2017-2028
  6.7.2 Turkey Lift Modernisation Market Size, 2017-2028
  6.7.3 Israel Lift Modernisation Market Size, 2017-2028
  6.7.4 Saudi Arabia Lift Modernisation Market Size, 2017-2028
  6.7.5 UAE Lift Modernisation Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Hitachi
  7.1.1 Hitachi Corporate Summary
  7.1.2 Hitachi Business Overview
  7.1.3 Hitachi Lift Modernisation Major Product Offerings
  7.1.4 Hitachi Lift Modernisation Revenue in Global Market (2017-2022)
  7.1.5 Hitachi Key News
7.2 Hyundai Elevator
  7.2.1 Hyundai Elevator Corporate Summary
  7.2.2 Hyundai Elevator Business Overview
  7.2.3 Hyundai Elevator Lift Modernisation Major Product Offerings
  7.2.4 Hyundai Elevator Lift Modernisation Revenue in Global Market (2017-2022)
  7.2.5 Hyundai Elevator Key News
7.3 Doppler S.A.
  7.3.1 Doppler S.A. Corporate Summary
  7.3.2 Doppler S.A. Business Overview
  7.3.3 Doppler S.A. Lift Modernisation Major Product Offerings
  7.3.4 Doppler S.A. Lift Modernisation Revenue in Global Market (2017-2022)
  7.3.5 Doppler S.A. Key News
7.4 Fujitec
  7.4.1 Fujitec Corporate Summary
  7.4.2 Fujitec Business Overview
  7.4.3 Fujitec Lift Modernisation Major Product Offerings
  7.4.4 Fujitec Lift Modernisation Revenue in Global Market (2017-2022)
  7.4.5 Fujitec Key News
7.5 TK Elevator
  7.5.1 TK Elevator Corporate Summary
  7.5.2 TK Elevator Business Overview
  7.5.3 TK Elevator Lift Modernisation Major Product Offerings
  7.5.4 TK Elevator Lift Modernisation Revenue in Global Market (2017-2022)
  7.5.5 TK Elevator Key News
7.6 Schindler Group
  7.6.1 Schindler Group Corporate Summary
  7.6.2 Schindler Group Business Overview
  7.6.3 Schindler Group Lift Modernisation Major Product Offerings
  7.6.4 Schindler Group Lift Modernisation Revenue in Global Market (2017-2022)
  7.6.5 Schindler Group Key News
7.7 Johnson Lifts Private Ltd
  7.7.1 Johnson Lifts Private Ltd Corporate Summary
  7.7.2 Johnson Lifts Private Ltd Business Overview
  7.7.3 Johnson Lifts Private Ltd Lift Modernisation Major Product Offerings
  7.7.4 Johnson Lifts Private Ltd Lift Modernisation Revenue in Global Market (2017-2022)
  7.7.5 Johnson Lifts Private Ltd Key News
7.8 Magnetek, Inc.
  7.8.1 Magnetek, Inc. Corporate Summary
  7.8.2 Magnetek, Inc. Business Overview
  7.8.3 Magnetek, Inc. Lift Modernisation Major Product Offerings
  7.8.4 Magnetek, Inc. Lift Modernisation Revenue in Global Market (2017-2022)
  7.8.5 Magnetek, Inc. Key News
7.9 Richmond Elevator
  7.9.1 Richmond Elevator Corporate Summary
  7.9.2 Richmond Elevator Business Overview
  7.9.3 Richmond Elevator Lift Modernisation Major Product Offerings
  7.9.4 Richmond Elevator Lift Modernisation Revenue in Global Market (2017-2022)
  7.9.5 Richmond Elevator Key News
7.10 Wittur Group
  7.10.1 Wittur Group Corporate Summary
  7.10.2 Wittur Group Business Overview
  7.10.3 Wittur Group Lift Modernisation Major Product Offerings
  7.10.4 Wittur Group Lift Modernisation Revenue in Global Market (2017-2022)
  7.10.5 Wittur Group Key News
7.11 Mitsubishi Electric
  7.11.1 Mitsubishi Electric Corporate Summary
  7.11.2 Mitsubishi Electric Business Overview
  7.11.3 Mitsubishi Electric Lift Modernisation Major Product Offerings
  7.11.4 Mitsubishi Electric Lift Modernisation Revenue in Global Market (2017-2022)
  7.11.5 Mitsubishi Electric Key News
7.12 Otis Elevator Company
  7.12.1 Otis Elevator Company Corporate Summary
  7.12.2 Otis Elevator Company Business Overview
  7.12.3 Otis Elevator Company Lift Modernisation Major Product Offerings
  7.12.4 Otis Elevator Company Lift Modernisation Revenue in Global Market (2017-2022)
  7.12.5 Otis Elevator Company Key News
7.13 KONE Corporation
  7.13.1 KONE Corporation Corporate Summary
  7.13.2 KONE Corporation Business Overview
  7.13.3 KONE Corporation Lift Modernisation Major Product Offerings
  7.13.4 KONE Corporation Lift Modernisation Revenue in Global Market (2017-2022)
  7.13.5 KONE Corporation Key News
7.14 Toshiba Elevator and Building Systems Corporation
  7.14.1 Toshiba Elevator and Building Systems Corporation Corporate Summary
  7.14.2 Toshiba Elevator and Building Systems Corporation Business Overview
  7.14.3 Toshiba Elevator and Building Systems Corporation Lift Modernisation Major Product Offerings
  7.14.4 Toshiba Elevator and Building Systems Corporation Lift Modernisation Revenue in Global Market (2017-2022)
  7.14.5 Toshiba Elevator and Building Systems Corporation Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES

Table 1. Lift Modernisation Market Opportunities & Trends in Global Market
Table 2. Lift Modernisation Market Drivers in Global Market
Table 3. Lift Modernisation Market Restraints in Global Market
Table 4. Key Players of Lift Modernisation in Global Market
Table 5. Top Lift Modernisation Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Lift Modernisation Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Lift Modernisation Revenue Share by Companies, 2017-2022
Table 8. Global Companies Lift Modernisation Product Type
Table 9. List of Global Tier 1 Lift Modernisation Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Lift Modernisation Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Lift Modernisation Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Lift Modernisation Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Lift Modernisation Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Lift Modernisation Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Lift Modernisation Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Lift Modernisation Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Lift Modernisation Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Lift Modernisation Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Lift Modernisation Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Lift Modernisation Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Lift Modernisation Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Lift Modernisation Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Lift Modernisation Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Lift Modernisation Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Lift Modernisation Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Lift Modernisation Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Lift Modernisation Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Lift Modernisation Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Lift Modernisation Revenue, (US$, Mn), 2023-2028
Table 30. Hitachi Corporate Summary
Table 31. Hitachi Lift Modernisation Product Offerings
Table 32. Hitachi Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 33. Hyundai Elevator Corporate Summary
Table 34. Hyundai Elevator Lift Modernisation Product Offerings
Table 35. Hyundai Elevator Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 36. Doppler S.A. Corporate Summary
Table 37. Doppler S.A. Lift Modernisation Product Offerings
Table 38. Doppler S.A. Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 39. Fujitec Corporate Summary
Table 40. Fujitec Lift Modernisation Product Offerings
Table 41. Fujitec Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 42. TK Elevator Corporate Summary
Table 43. TK Elevator Lift Modernisation Product Offerings
Table 44. TK Elevator Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 45. Schindler Group Corporate Summary
Table 46. Schindler Group Lift Modernisation Product Offerings
Table 47. Schindler Group Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 48. Johnson Lifts Private Ltd Corporate Summary
Table 49. Johnson Lifts Private Ltd Lift Modernisation Product Offerings
Table 50. Johnson Lifts Private Ltd Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 51. Magnetek, Inc. Corporate Summary
Table 52. Magnetek, Inc. Lift Modernisation Product Offerings
Table 53. Magnetek, Inc. Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 54. Richmond Elevator Corporate Summary
Table 55. Richmond Elevator Lift Modernisation Product Offerings
Table 56. Richmond Elevator Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 57. Wittur Group Corporate Summary
Table 58. Wittur Group Lift Modernisation Product Offerings
Table 59. Wittur Group Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 60. Mitsubishi Electric Corporate Summary
Table 61. Mitsubishi Electric Lift Modernisation Product Offerings
Table 62. Mitsubishi Electric Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 63. Otis Elevator Company Corporate Summary
Table 64. Otis Elevator Company Lift Modernisation Product Offerings
Table 65. Otis Elevator Company Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 66. KONE Corporation Corporate Summary
Table 67. KONE Corporation Lift Modernisation Product Offerings
Table 68. KONE Corporation Lift Modernisation Revenue (US$, Mn), (2017-2022)
Table 69. Toshiba Elevator and Building Systems Corporation Corporate Summary
Table 70. Toshiba Elevator and Building Systems Corporation Lift Modernisation Product Offerings
Table 71. Toshiba Elevator and Building Systems Corporation Lift Modernisation Revenue (US$, Mn), (2017-2022)

LIST OF FIGURES

Figure 1. Lift Modernisation Segment by Type in 2021
Figure 2. Lift Modernisation Segment by Application in 2021
Figure 3. Global Lift Modernisation Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Lift Modernisation Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Lift Modernisation Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Lift Modernisation Revenue in 2021
Figure 8. By Type - Global Lift Modernisation Revenue Market Share, 2017-2028
Figure 9. By Application - Global Lift Modernisation Revenue Market Share, 2017-2028
Figure 10. By Region - Global Lift Modernisation Revenue Market Share, 2017-2028
Figure 11. By Country - North America Lift Modernisation Revenue Market Share, 2017-2028
Figure 12. US Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Lift Modernisation Revenue Market Share, 2017-2028
Figure 16. Germany Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 17. France Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Lift Modernisation Revenue Market Share, 2017-2028
Figure 24. China Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 28. India Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Lift Modernisation Revenue Market Share, 2017-2028
Figure 30. Brazil Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Lift Modernisation Revenue Market Share, 2017-2028
Figure 33. Turkey Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Lift Modernisation Revenue, (US$, Mn), 2017-2028
Figure 37. Hitachi Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Hyundai Elevator Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Doppler S.A. Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Fujitec Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. TK Elevator Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Schindler Group Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Johnson Lifts Private Ltd Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Magnetek, Inc. Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Richmond Elevator Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. Wittur Group Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. Mitsubishi Electric Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Otis Elevator Company Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. KONE Corporation Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 50. Toshiba Elevator and Building Systems Corporation Lift Modernisation Revenue Year Over Year Growth (US$, Mn) & (2017-2022)



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