Best Elevator Company in the World | Top 10 List

Best Elevator Company in the World | Top 10 List of Most Popular Lift Making Companies

An elevator or lift is a vertical transportation system, designed to move people or objects between the different levels of a building or structure. It is made up of mechanical, electrical and electronic parts that work together to start it up. Below is the list of most famous and big companies that manufacture elevators or lifts.

1. Otis Elevator Company

Otis Elevator Company

Otis Elevator Company is the leading manufacturer of elevator and escalator systems. The company was founded in Yonkers, New York, United States in 1853 by Elisha Graves Otis. The company pioneered the development of an elevator safety system invented by Otis, which uses a mechanism to stop the elevator car in place if the cables or pulleys (or hoist) fail. The developments made by Otis allowed the construction of skyscrapers equipped with safe elevator systems. Otis has installed elevators in several of the most famous buildings such as the Eiffel Tower, the Empire State Building, the World Trade Center, The Twilight Zone Tower of Terror, The Petronas Twin Towers, the CN Tower, the Skylon Tower and the Burj Khalifa. In the commercial sphere in Spain, Otis has worked for the main hotel chains, in addition to putting elevators in the Mapfre Tower (Barcelona) or the Picasso Tower and the Repsol Tower in Madrid. It also puts elevators in department stores of El Corte Ingles.

2. Kone


KONE Oyj is a Finnish company listed on the Helsinki Stock Exchange and the world's fourth largest escalator manufacturer in the world. Its headquarters is in Espoo. Annual income amounted to 4.9 billion euros and the workforce comprises 33,800 employees distributed in 800 subsidiaries in 50 countries. Kone manufactures elevators, escalators, doors and unloading systems that it markets in 80 countries. Its elevator tests are conducted underground, specifically at 333 m, in what is the world's longest test hall located in Lohja, Finland. The speed of the elevators in the facility reaches 62 km/h. The company was founded on October 27, 1910 as a Public Limited Company. The name Kone comes from Finnish and is translated as Machine. In 1970 the company took over the first company founded outside of Scandinavia, Ing. Stefan Sowitsch & Co.KG., founded in 1914. The company was called Sowitsch Aktiengesellschaft until 1999, and later Kone Sowitsch AG. In 1994, it acquired Montgomery Elevators, an American manufacturer of elevators and escalators.

3. ThyssenKrupp


ThyssenKrupp AG is a German steel industry and is the largest company in the country dedicated to the smelting and forging of steel. The ThyssenKrupp headquarters are located in the cities of Essen and Duisburg. It was created out of the merger of two German metal companies in 1999, Thyssen AG and Krupp. This transnational company operates through three corporate divisions: steel, investment goods and services. The first is dedicated to the production of construction steel and stainless steel. The second division is divided in turn into three segments: elevators, automotive industry (parts for assembly) and technology (tools, products for refineries and industrial doors). The third division deals with the manufacture of engineering products. ThyssenKrupp is one of the companies to provide elevators for the Madrid, Barcelona, Bilbao, Valencia and Renfe subways. The lifts installed before 2004 were mostly hydraulic (powered by a piston), unlike the lifts installed today which are machine room traction lifts.

4. Schindler Group

Schindler Group

Schindler Aufzüge AG, belonging to Schindler Holding, is a Swiss company based in Ebikon, in the Canton of Lucerne dedicated to the manufacture of elevators and escalators. The company is listed on the Swiss stock exchange. The company, founded in 1874 in Switzerland, employs approx. 57,000 worldwide and has more than a thousand points of sale on 5 continents. Schindler is the world's largest manufacturer of escalators and the second largest elevator manufacturer behind its American rival Otis Elevator Company. Schindler displaces more than 900 million people every day with its mobility systems. The company was founded in 1874 by Robert Schindler in Lucerne and started in 1889 with the manufacture of elevators. In 1906, the first branch abroad was founded in Berlin, Germany, and in 1937 the first transatlantic branch in Brazil would be created. In 2000 the first fully synthetic artificial rope ("Schindler Aramid") was launched and in 2006 a new corporate identity was created with a more modern "Schindler 1874" logo. In 2009 the company Saudi Elevator Corp was acquired.

5. Mitsubishi Electric

Mitsubishi Electric

Mitsubishi Electric Corporation (Japanese: Mitsubishi Denki Kabushiki-gaisha) is a Japanese manufacturer of electrical and architectural materials and one of the world's largest manufacturers of photovoltaic panels, direct competitor to Sharp, Kyocera, BP Solar and Shell Solar. Founded on January 15, 1921, Mitsubishi Electric is part of the Mitsubishi conglomerate and is listed in the TOPIX 100 index. The corporation is represented all over the world through a developed network of regional offices, branches, and also subsidiaries in Europe, Asia, North and South America, Central and South Africa, the Middle East - a total of 108 structures with the exception of Japan, which also houses the main production sites and research centers. The elevator business boasts the world's 4th largest share and the 1st domestic share, and as of 2019, holds the record of the world's fastest elevator only for downhill. Uphill is 1,230 m/min (73.8 km/h) in the center of Shanghai, and downhill is 750 m/min (45 km/h) at Yokohama Landmark Tower. The Inazawa Plant has a 173.0m-high elevator experimental tower and is developing an elevator of 1200m/min.

6. Kleemann


The Kleemann Design is a new approach to vertical travel experience, something more than a selection of lift cabins, doors, buttons and operating panels. Consisting of three different series, the future, the modern and the classic, it transforms the elevator space into a unique environment for the modern user. The most ideal solution to the problem of creating new parking spaces, with parking systems and car lifts. The high-tech Lifting Systems with flexibility in the design for stairs (ladder lifts for wheelchairs and seat lifting systems). KLEEMANN is one of the few companies in Europe that offers complete elevator systems providing a full range of Hydraulic Lift or Mechanical Lift solutions, with or without engine room. In addition to the complete solutions, it also provides the possibility of selecting individual subsystems (elevator doors, cabins, electronic systems, etc.), depending on the needs of each project. In addition, KLEEMANN elevator refurbishment solutions can easily and flexibly meet the new safety requirements of any old elevator. Ideal solution as a residential or commercial elevator, for any building with pit and headroom limitations for rated load from 450kg to 1.000kg. FlexyLIFT means flexible, state of the art, environmental friendly, hydraulic solution by KLEEMANN.

7. Fujitec


Fujitec Co., Ltd. - a multinational Japanese company, one of the largest manufacturers of lifting equipment. The company was founded in 1948, it manufactures and designs lifting equipment, elevators, escalators, and a passenger conveyor. The company has two factories in Japan, as well as factories in the city of Incheon (Korea), in the city of Chennai (India), in the American city of Mason (Ohio), in Taiwan and China. The Company is listed on the Tokyo Stock Exchange. For fiscal year 2017, the company's net income was 8.8 billion yen (83.5 million US dollars). The total number of employees of the company is 9931 people (2018). Fujitec designed the installation of its lifting equipment at the Queensway Government Office Building in Hong Kong. As well as the skyscrapers Shinjuku Center Building and Abeno Harukas in Japan. It does not have production facilities in Europe and Russia, it imports its products through distributors.

8. Stannah Lifts

Stannah Lifts

Stannah is a stairlift manufacturer based in sixty countries, headquartered in Andover, UK. With over 750,000 stairlifts produced, Stannah Lifts is the world's largest manufacturer. Stannah France sells stairlifts rights, turns and external adapting to all types of stairs. The company is also a major player in vertical elevation by offering lifting platforms, but also private elevators and interior elevators. Stannah was founded in London in 1867 by Joseph Stannah. Headquartered in the Southwark neighborhood and moved in the Bankside area at the beginning of 20th century was used until it was destroyed during the Blitz of London in 1940. New facilities are built in the Southwark neighborhood. The company left London for Andover in 1974 and began the following year to produce stairlifts for individuals. Stannah produced its 500,000th stairlift in February 2011 during a visit by the Prince of Wales to Andover headquarters. Stannah was ranked 176th in 2010 in the Sunday Times Top Track 250 by the Sunday Times, ranking the 250 middle-market companies according to their turnover.

9. Hyundai Elevator

Hyundai Elevator

Hyundai Group is a Korean conglomerate founded by Chung Ju-yung. The first company of the group was founded in 1947 as a car repair shop. Subsequently, it became an engineering and construction company. With US military contracts and support from government infrastructure development programs, Chung Ju-yung has become a major construction company in the Republic of Korea. In particular, he carried out a prestigious order for the construction of a 400-kilometer high-speed highway between Seoul and Busan. Chung Ju-yung and his family members began to engage in other activities, expanding their influence on other industries. As a result, the largest chaebol in Korea appeared. After the Asian financial crisis, the company transferred most types of business to special units, including Hyundai Automotive Group, Hyundai Department Store Group, and Hyundai Heavy Industries Group. Currently, the Hyundai Group is engaged in the production of elevators and equipment, container maintenance, and tourism (Kymgansan). As of March 2007, Hyundai Engineering and Construction is the largest shareholder in Hyundai Merchant Marine, which is actually a holding of the Hyundai Group.

10. Hitachi


Hitachi Ltd. is a company based in Chiyoda, Tokyo, Japan. The company was founded in the early 20th century in the city Hitachi, located in Ibaraki Prefecture. Hitachi produces a wide variety of consumer electronics and provides products for other factories, such as integrated circuits and other semiconductors. Elevators (elevators and escalators: dealing with Hitachi Building Systems of affiliated companies. Fully transferred in 2014 except development departments and overseas markets) In 2010, the world's tallest elevator research tower "G1TOWER" in Hitachinaka City, Ibaraki Prefecture "G1TOWER" Construction. Elevator has the second largest market share in Japan. Since the overseas market was left in Hitachi itself, Hitachi itself is also a member of the Japan Elevator Association. By the way, the elevator of Tsutenkaku was not made by Hitachi at the time of completion, but it was replaced by Hitachi in 2001, and the system that displays the next day's weather on the neon sign installed on the top is also made by Hitachi. At Tsutenkaku, the song "Hitachi no Ki" is played at noon every day.

11. Cibes Lift

Cibes Lift

Cibes Lift is a Swedish manufacturer of space-saving low-speed lifts for private and public buildings with a spindle drive. The company's headquarters, which platform, cabin and stair lifts produced, is located in Gävle. Cibes Lift was founded in 1947 by the Swedish engineer Bertil Svedberg as a production company for freight lifts. The first passenger lifts were introduced in the mid-1960s and the first series of platform lifts was developed in a factory in the village of Järbo in the early 2000s. In 2012, Cibes Lift became the Cibes Lift Group and moved its headquarters and production facilities to Gävle, 200 kilometers north of Stockholm. The company has since expanded and now sells lifts in 50 countries worldwide. Meanwhile, the Group employs about 560 people (2018). The company has a distribution network in 50 countries and has offices in 15 countries. In 2018, sales exceeded SEK 1 billion. The company was also one of the first 24 European companies to found the European Platform and Stairlift Association (EPSA). Cibes Lift Deutschland GmbH was founded in autumn 2018. The product lines of the German company can be divided in platform lifts and cabin lifts, which in turn cover the divisions Home lifts, residential lifts and freight lifts.

12. Toshiba Elevator

Toshiba Elevator

Toshiba is a Japanese company, based in Tokyo, dedicated to the manufacture of electrical and electronic devices. It ranks seventh on the list of major global companies in its field. Toshiba currently ranks fifth worldwide in laptop sales, with 5.2% of global sales. Toshiba Elevator Co., Ltd. (TOSHIBA ELEVATOR AND BUILDING SYSTEMS CORPORATION) is a manufacturer of elevators and escalators of the Toshiba Group, headquartered in Saiwai Ward, Kawasaki City, Kanagawa Prefecture. Originally, it was a maintenance company for elevators manufactured by the parent company Toshiba, but in 2001, the elevator business of Toshiba was completely transferred to become a company that consistently carries out development, design, manufacturing, sales, installation and maintenance. Toshiba has a cooperative relationship with Konneh, a Finnish company, since 1998 (capital tie-up since 2002) and is engaged in mutual parts supply, joint procurement, and joint development. Therefore, a high-speed double-deck elevator with the Toshiba-Kone brand logo was installed at the Kone test center.

13. Walton Group

Walton Group

Walton is a Bangladeshi brand. Its headquarters is located in Dhaka. Its main factory is located at Chandra in Gazipur district. Almost all the products of Walton Group are marketed under the name Walton. Walton Motors, Walton Mobile and Walton Electronics are the three branches of this group. Walton manufactures electronics, vehicles and telecommunications products. In 2014, Walton took the ability to assess and initiate things independently to manufacture world class elevators and lifts for the first time in Bangladesh. Walton is one of the highest taxpayers in Bangladesh and has a strong impact on the country's economy. Walton is one of the largest companies in Bangladesh. It is the largest manufacturer of refrigerators in Bangladesh with the highest market share. Walton Group in 1986, M Nurul Alam started his journey as a commercial entity holding the hand of Rizvi. However, its main founder is SM Nazrul Islam, who is the father of the current chairman SM Nurul Islam Rizvi. Walton entered the steel industry in the 1980s and entered the electronics and automobile business in the 2000s.