2025 Ranking of the World’s Best Passenger Elevator Manufacturers

In commercial building projects, the choice of passenger elevators directly affects the building’s operational efficiency and user experience. However, with the growing number of elevator brands and technologies, choosing a supplier that meets your specific needs has become a significant challenge. Therefore, we’ve compiled a list of the top ten

2025 Ranking of the World’s Best Passenger Elevator Manufacturers

Table of Contents

In commercial building projects, the choice of passenger elevators directly affects the building’s operational efficiency and user experience. However, with the growing number of elevator brands and technologies, choosing a supplier that meets your specific needs has become a significant challenge.

Therefore, we’ve compiled a list of the top ten elevator manufacturers in today’s market, along with practical tips to help you choose the right supplier more efficiently.

2025 Global Best Elevator Manufacturers

The global elevator market is highly competitive, with many brands earning customer trust through innovation, market strength, and reliable after-sales service. Below are the top elevator brands in the world for 2025, recognized for their leadership in technology, design, and market impact:

OTIS 

Founded: 1853, United States

Website: www.otis.com

Company Profile

OTIS is the pioneer of modern elevator technology and the inventor of the world’s first safety elevator. Headquartered in Yonkers, New York, OTIS continues to lead the industry by providing efficient, safe, and reliable vertical transportation solutions for millions of buildings worldwide. Its flagship Gen2 series elevator features a machine-room-less design and intelligent dispatching system, optimizing building space while significantly improving energy efficiency and operational stability.

YouTube video

Main Products

  • Passenger elevators
  • Service elevators
  • Medical elevators
  • Food elevators
  • Machine room-less elevators
  • Custom elevators

Price Range

  • Small: $4,000–$8,000
  • Medium: $15,000–$30,000
  • Large: $35,000–$80,000+

Main Features

  • High load capacity for high-frequency commercial use
  • Up to 30% energy savings
  • IoT monitoring with real-time maintenance alerts
  • Certifications: ISO 9001, ISO 14001

Case

One World Trade Center uses over 70 OTIS elevators.

BDFUJI

Founded: 1996, China

Website: www.bdfuji.com

Company Profile

BDFUJI is one of China’s fastest-growing elevator brands. Thanks to its cost-efficiency and flexible customization capabilities, the company has steadily expanded into Southeast Asia and the Middle East. It provides reliable vertical transportation solutions for residential, public, and mid-sized industrial projects.

YouTube video

Main Products

  • Passenger elevators
  • Service elevators
  • Medical elevators
  • Food elevators
  • Machine room-less elevators
  • Special customized elevators

Price Range

  • Small: $4,000–$7,000
  • Medium: $10,000–$22,000
  • Large: $25,000–$60,000+

Main Features

  • Affordable and practical designs
  • Modular control system for lower maintenance
  • Localized customization and support
  • Certifications: ISO 9001, ISO 14001

Case

A residential project in the Philippines uses 20 BDFUJI elevators.

KONE 

Founded: 1908, Finland

Website: www.kone.com

Company Profile

KONE is a global leader in elevator and escalator technology. It’s known for energy-saving control systems, intelligent elevator dispatching, and green building integration. Its Destination Control System (DCS) enhances passenger flow while reducing energy usage.

YouTube video

Main Products

  • MonoSpace machine-room-less elevators
  • MiniSpace elevators
  • Service elevators
  • Escalators

Price Range

  • Small: $5,000–$9,000
  • Medium: $12,000–$25,000
  • Large: $30,000–$70,000+

Main Features

  • Smart DCS technology
  • Energy recovery mechanisms
  • LEED-compliant models
  • Certifications: ISO, CE

Case

Helsinki Finlandia Hall renovation project.

Schindler

Founded: 1874, Switzerland

Website: www.schindler.com

Company Profile

Schindler, based in Switzerland, is known for its PORT intelligent dispatching system. This technology assigns elevators based on destination floors to improve efficiency and passenger experience.

YouTube video

Main Products

  • Passenger elevators
  • PORT elevators
  • Machine room-less elevators
  • Medical and transport elevators

Price Range

  • Small: $6,000–$10,000
  • Medium: $20,000–$35,000
  • Large: $40,000–$85,000+

Main Features

  • PORT dispatching technology
  • Integrated energy-saving systems
  • EU/ISO certifications

Case

Shanghai World Financial Center elevator cluster.

Mitsubishi Electric

Founded: 1921, Japan

Website: www.mitsubishielectric.com

Company Profile

Mitsubishi Electric has earned a strong reputation for reliability and innovation. Its NEXIEZ series combines energy-efficient drives, comfort, and intelligent control—widely used in office towers, hotels, and public buildings.

Main Products

  • High-speed elevators
  • NEXIEZ standard elevators
  • Medical and industrial models

Price Range

  • Small: $6,000–$10,000
  • Medium: $20,000–$35,000
  • High-speed: $50,000–$90,000

Main Features

  • Redundant safety systems
  • Smooth ride and low vibration
  • Popular in Asian skyscrapers

Case

Tokyo Midtown mixed-use complex.

Thyssenkrupp

Founded: 1999 (merger of Thyssen and Krupp)

Website: www.tkelevator.com

Company Profile

Thyssenkrupp Elevator, a German-based industrial group, integrates engineering and digital innovation. Its groundbreaking MULTI system uses magnetic levitation, enabling both vertical and horizontal elevator movement—redefining elevator functionality in high-rise buildings.

YouTube video

Main Products

  • Passenger elevators
  • MULTI maglev elevators
  • Service elevators
  • Escalators
  • Custom elevators for skyscrapers

Price Range

  • Medium: $20,000–$35,000
  • High-end/custom: $50,000–$100,000+

Main Features

  • MULTI: First maglev elevator capable of multi-directional travel
  • Cableless system: Lowers energy use and saves space
  • MAX platform: Predictive remote maintenance

HYUNDAI

Founded: 1984, South Korea

Website: hyundaielevator.co

Company Profile

HYUNDAI Elevator, part of Hyundai Heavy Industries, delivers affordable and durable elevator systems. It’s particularly favored in Southeast Asia and the Middle East for residential and mid-rise applications.

YouTube video

Main Products

  • Commercial passenger elevators
  • Medical/logistics elevators
  • Machine room-less elevators
  • Escalators

Price Range

  • Small: $4,500–$7,500
  • Medium: $10,000–$25,000
  • Large/custom: $30,000–$65,000

Main Features

  • Custom sizing for different buildings
  • Modular design for easy maintenance
  • Widely used in commercial centers

Case

Dubai International Financial Center uses HYUNDAI custom elevators.

Hitachi Elevator

Founded: 1949, Japan

Company Profile

Hitachi is a leader in high-speed elevators and smart control systems, known for reliability in high-rise towers and transit hubs. It combines longevity with strong engineering and advanced safety.

Main Products

  • High-speed elevators (up to 10 m/s)
  • Medical elevators
  • Commercial models
  • Machine room-less elevators

Price Range

  • Small: $6,000–$10,000
  • Medium: $18,000–$35,000
  • Large/high-speed: $40,000–$90,000

Main Features

  • Long service life, high rise capability
  • Regenerative energy systems
  • Safety features like earthquake detection

Case

Jinmao Tower and Guangzhou West Tower both use Hitachi elevators.

Toshiba Elevator

Founded: 1904, Japan

Website: www.toshiba-elevator.co.jp

Company Profile

Toshiba provides stable, quiet, and efficient elevator systems. Known for serving residential complexes and hotels, Toshiba emphasizes comfort and safety in high-density urban projects.

YouTube video

Main Products

  • Residential/commercial elevators
  • Machine room-less elevators
  • Medical elevators
  • Escalators

Price Range

  • Small: $5,500–$10,000
  • Medium: $16,000–$30,000
  • Large: $38,000–$85,000

Main Features

  • Low noise, smooth operation
  • Dual braking and emergency lighting
  • Trusted in airport and hotel applications

Case

Bangkok MRT Airport project uses Toshiba escalators extensively.

Fujitec

Founded: 1948, Osaka, Japan

Website:www.fujitec.com

Company Profile

Fujitec is a global elevator and escalator manufacturer with a strong presence in high-traffic facilities like airports and shopping centers. Its localized service and rapid deployment make it a top choice for public infrastructure.

YouTube video

Main Products

  • Passenger elevators
  • Escalators
  • Medical elevators
  • Logistics elevators

Price Range

  • Small: $5,000–$9,000
  • Medium: $14,000–$28,000
  • Large/escalator: $30,000–$80,000+

Main Features

  • Fast local support network
  • Energy-efficient with LED and variable frequency drives
  • Excellent reliability in mass-transit hubs

Case

All main buildings of Kuala Lumpur KLIA2 airport use Fujitec elevators.

How to Choose the Right Passenger Elevator Supplier

Choosing the right supplier is about more than comparing specs. It also means evaluating long-term reliability, project fit, and cost of ownership. Here are four core criteria:

Technical Capabilities & Innovation

Look for smart scheduling, energy-saving systems, and IoT monitoring.

Product Quality & Certifications

Ensure ISO 9001, ISO 14001, and EN81 compliance; verify manufacturing quality.

Quotation Accuracy & Delivery Time

Compare offers with equal specs; confirm they can meet your construction timeline.

After-sales Service Network

Prioritize brands with local service teams and 24/7 maintenance plans.

Tip: Research real-world performance via third-party reviews and project references.

In Conclusion

Choosing a passenger elevator manufacturer isn’t just about upfront cost—it’s about long-term compatibility, service quality, and building efficiency. By understanding what the top global brands offer, you can make a smart decision tailored to your building’s unique needs.

Want a solution tailored to your project?

Contact us for the latest pricing and recommendations for 2025.

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