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The hydraulic elevators market is forecasted to grow by USD 595.1 million during 2023-2028, accelerating at a CAGR of 1.4% during the forecast period. The report on the hydraulic elevators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by lesser installation cost of hydraulic elevators compared to traction elevators, lower maintenance expenses and higher safety of hydraulic elevators, and increase in preference for hydraulic elevators in low- and mid-rise buildings.
The hydraulic elevators market is segmented as below:
By Type
- Hole-less hydraulic elevators
- Holed hydraulic elevators
- Roped hydraulic elevators
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the hydraulic elevators market covers the following areas:
- Hydraulic Elevators Market sizing
- Hydraulic Elevators Market forecast
- Hydraulic Elevators Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hydraulic elevators market: Advance Lifts Inc., Bonsdag Industries Pvt. Ltd., Bucher Industries AG, CIRCOR International Inc., Custom Elevator Manufacturing Inc., Delta Elevator Co. Ltd., GMV Polska Sp. z o.o., Kleemann Hellas S.A., Mahe Lifts, Mitsubishi Electric Corp., Modern Elevator Innovations, Morris Vermaport Ltd., Otis Worldwide Corp., PFlow Industries Inc., Schindler Holding Ltd., Schumacher Elevator Co., thyssenkrupp AG, Vantage Elevation LLC, VRS Elevators Pvt. Ltd., and Waupaca Elevator Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is development of hydraulic infinite linear actuator (HILA) system."
According to the report, one of the major drivers for this market is the lesser installation cost of hydraulic elevators compared to traction elevators.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advance Lifts Inc.
- Bonsdag Industries Pvt. Ltd.
- Bucher Industries AG
- CIRCOR International Inc.
- Custom Elevator Manufacturing Inc.
- Delta Elevator Co. Ltd.
- GMV Polska Sp. z o.o.
- Kleemann Hellas S.A.
- Mahe Lifts
- Mitsubishi Electric Corp.
- Modern Elevator Innovations
- Morris Vermaport Ltd.
- Otis Worldwide Corp.
- PFlow Industries Inc.
- Schindler Holding Ltd.
- Schumacher Elevator Co.
- thyssenkrupp AG
- Vantage Elevation LLC
- VRS Elevators Pvt. Ltd.
- Waupaca Elevator Co.
