Global Hydraulic Passenger Elevators Market Report 2025

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Published : December 2025

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Hydraulic Passenger Elevators Global Market Report 2025

Name: Hydraulic Passenger Elevators Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Type Of Hydraulic System (Traditional Hydraulic Elevators, Holeless Hydraulic Elevators, Low-Rise Hydraulic Elevators, High-Rise Hydraulic Elevators), By Control System (Manual Control Systems, Automatic Control Systems, Smart Control Systems, Remote Monitoring Systems), By Installation Type (New Installations, Modernization Of Existing Elevators, Retrofitting), By Elevator Capacity (Small Capacity (Up To 1,000 Kg), Medium Capacity (1,001 Kg To 2,500 Kg), Large Capacity (Above 2,500 Kg)), By End-User (Hospitals, Shopping Malls, Office Buildings, Airports, Other End-Users) - Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Hydraulic Passenger Elevators Market Overview

• Hydraulic Passenger Elevators market size has reached to $11.31 billion in 2024

• Expected to grow to $15.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%

• Growth Driver: Growth In Residential Construction Is Fueling The Growth Of The Market Due To Rising Urbanization And Demand For Vertical Mobility Solutions

• Market Trend: Innovative Low-Rise Hydraulic Elevator With Smart Features And Energy Efficiency

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Hydraulic Passenger Elevators Market?

Hydraulic passenger elevators refer to elevator systems that operate using a hydraulic piston mechanism powered by fluid pressure, which raises and lowers the elevator cab along a vertical path. These elevators are commonly installed in low- to mid-rise buildings due to their ability to handle heavy loads smoothly, offer reliable performance, and provide a more affordable installation compared to traction-based systems.

The main types of hydraulic systems in hydraulic passenger elevators are traditional hydraulic elevators, holeless hydraulic elevators, low-rise hydraulic elevators, and high-rise hydraulic elevators. Traditional hydraulic elevators refer to elevator systems that use a fluid-driven piston located at the bottom of the shaft to move the cab vertically, typically requiring a deep underground cylinder to accommodate the piston’s full travel. It includes various control systems, such as manual control systems, automatic control systems, smart control systems, and remote monitoring systems, and installation types, such as new installations, modernization of existing elevators, and retrofitting. It supports various elevator capacities, including small capacity (up to 1,000 kg), medium capacity (1,001 kg to 2,500 kg), and large capacity (above 2,500 kg), and serves a range of end users, including hospitals, shopping malls, office buildings, airports, and others.

Hydraulic Passenger Elevators Market Size and growth rate 2025 to 2029: Graph

What Is The Hydraulic Passenger Elevators Market Size 2025 And Growth Rate?

What Is The Hydraulic Passenger Elevators Market Growth Forecast?

The hydraulic passenger elevators market size is expected to see strong growth in the next few years. It will grow to $15.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to demand for touchless and hygienic elevator features, a rising elderly population requiring accessible mobility, increasing urban infill development, growth in low- to mid-rise mixed-use buildings, and the use of eco-friendly hydraulic fluids. Major trends in the forecast period include advancements in energy-efficient elevator systems, smart load-sensing technology, integration with building management systems, touchless control panels, and artificial intelligence-based maintenance prediction.

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What’s The Trade War Impact On Machinery Industry?

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

How Is The Hydraulic Passenger Elevators Market Segmented?

1) By Type Of Hydraulic System: Traditional Hydraulic Elevators, Holeless Hydraulic Elevators, Low-Rise Hydraulic Elevators, High-Rise Hydraulic Elevators

2) By Control System: Manual Control Systems, Automatic Control Systems, Smart Control Systems, Remote Monitoring Systems

3) By Installation Type: New Installations, Modernization Of Existing Elevators, Retrofitting

4) By Elevator Capacity: Small Capacity (Up To 1,000 Kg), Medium Capacity (1,001 Kg To 2,500 Kg), Large Capacity (Above 2,500 Kg)

5) By End-User: Hospitals, Shopping Malls, Office Buildings, Airports, Other End-Users

Subsegments:

1) By Traditional Hydraulic Elevators: Direct-Plunger Type, Indirect-Plunger Type, Single-Stage Cylinder, Dual-Stage Telescopic Cylinder

2) By Holeless Hydraulic Elevators: Twin Post, Single Post, Roped Hydraulic Configuration, Telescopic Holeless Design

3) By Low-Rise Hydraulic Elevators: Residential Buildings, Small Office Buildings, Hotels And Motels, Clinics And Healthcare Centers

4) By High-Rise Hydraulic Elevators: Commercial Complexes, High-End Residential Towers, Airports And Transit Hubs, Institutional Buildings

What Is Driving The Hydraulic Passenger Elevators Market? Growth In Residential Construction Is Fueling The Growth Of The Market Due To Rising Urbanization And Demand For Vertical Mobility Solutions

The growth in residential construction is expected to propel the growth of the hydraulic passenger elevator market going forward. Residential construction refers to the building or renovation of homes and living spaces designed for people to live in, such as houses, apartments, and townhouses. The residential construction is increasing as rapid urbanization continues to drive large populations toward cities, creating an urgent demand for new housing infrastructure to accommodate the expanding urban workforce and families seeking better living standards. Hydraulic passenger elevators are useful in residential construction, as they offer a space-efficient and cost-effective solution for low- to mid-rise buildings, enhancing accessibility and comfort for residents. For instance, in June 2025, according to the United States Census Bureau, a US-based government agency, in May, the seasonally adjusted annual rate of privately owned housing completions reached 1,526,000, marking a 5.4% increase (±12.0%) compared to the revised April estimate of 1,448,000. Therefore, the growth in residential construction is driving the growth of the hydraulic passenger elevator industry.

Who Are The Major Players In The Global Hydraulic Passenger Elevators Market?

Major companies operating in the hydraulic passenger elevators market are Hitachi Ltd., Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Otis Elevator Company, Schindler Holding Ltd, Hyundai Elevator Co. Ltd., Fujitec Co. Ltd., Savaria Corporation, Canny Elevator, Yungtay Engineering, Orona Group, Kleemann Hellas SA, Stannah Lifts Holdings Ltd., Gulf Elevators & Escalators Co. Ltd., Joylive Elevator, Intec Elevator, FUJIHD Elevator & Escalator, Escon Elevators Pvt. Ltd., Sicher Elevator, IGV Group, Johnson Lifts Pvt. Ltd.

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What Are Latest Mergers And Acquisitions In The Hydraulic Passenger Elevators Market? Savaria Acquired Western Elevator To Expand Hydraulic Lift Services In Western Canada

In May 2025, Savaria Corporation, a Canada-based accessibility equipment and patient care products company, acquired Western Elevator for an undisclosed amount. With this acquisition, Savaria aims to strengthen its presence on the West Coast of Canada by leveraging Western's strong local relationships and expertise in the Vancouver area while ensuring continuity of leadership and service quality. Western Elevator is a Canada-based professional elevator company that provides a range of lift solutions, including hydraulic passenger lifts, for various building types.

What Is The Regional Outlook For The Global Hydraulic Passenger Elevators Market?

North America was the largest region in the hydraulic passenger elevators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Hydraulic Passenger Elevators Market?

The hydraulic passenger elevator market consists of sales of roped hydraulic elevators, telescopic hydraulic elevators, machine room hydraulic elevators, energy-efficient hydraulic elevators, and customized hydraulic elevators. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Hydraulic Passenger Elevators Industry?

The hydraulic passenger elevators market research report is one of a series of new reports from The Business Research Company that provides market statistics, including hydraulic passenger elevators industry global market size, regional shares, competitors with a market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic passenger elevators industry. The hydraulic passenger elevators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Author : Girish Kavali

Hydraulic Passenger Elevators Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$12.08 billion
Revenue Forecast In 2034	$15.52 billion
Growth Rate	CAGR of 6.5% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	Type Of Hydraulic System, Control System, Installation Type, Elevator Capacity, End-User
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Hitachi Ltd., Thyssenkrupp AG, Mitsubishi Electric Corporation, Toshiba Corporation, Otis Elevator Company, Schindler Holding Ltd, Hyundai Elevator Co. Ltd., Fujitec Co. Ltd., Savaria Corporation, Canny Elevator, Yungtay Engineering, Orona Group, Kleemann Hellas SA, Stannah Lifts Holdings Ltd., Gulf Elevators & Escalators Co. Ltd., Joylive Elevator, Intec Elevator, FUJIHD Elevator & Escalator, Escon Elevators Pvt. Ltd., Sicher Elevator, IGV Group, Johnson Lifts Pvt. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Hydraulic Passenger Elevators Market Characteristics

3. Hydraulic Passenger Elevators Market Trends And Strategies

4. Hydraulic Passenger Elevators Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Hydraulic Passenger Elevators Growth Analysis And Strategic Analysis Framework

5.1. Global Hydraulic Passenger Elevators PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Hydraulic Passenger Elevators Market Growth Rate Analysis

5.4. Global Hydraulic Passenger Elevators Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Hydraulic Passenger Elevators Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Hydraulic Passenger Elevators Total Addressable Market (TAM)

6. Hydraulic Passenger Elevators Market Segmentation

6.1. Global Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Traditional Hydraulic Elevators

Holeless Hydraulic Elevators

Low-Rise Hydraulic Elevators

High-Rise Hydraulic Elevators

6.2. Global Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Manual Control Systems

Automatic Control Systems

Smart Control Systems

Remote Monitoring Systems

6.3. Global Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

New Installations

Modeization Of Existing Elevators

Retrofitting

6.4. Global Hydraulic Passenger Elevators Market, Segmentation By Elevator Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Small Capacity (Up To 1,000 Kg)

Medium Capacity (1,001 Kg To 2,500 Kg)

Large Capacity (Above 2,500 Kg)

6.5. Global Hydraulic Passenger Elevators Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hospitals

Shopping Malls

Office Buildings

Airports

Other End-Users

6.6. Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Traditional Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct-Plunger Type

Indirect-Plunger Type

Single-Stage Cylinder

Dual-Stage Telescopic Cylinder

6.7. Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Holeless Hydraulic Elevators, By Types, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Twin Post

Single Post

Roped Hydraulic Configuration

Telescopic Holeless Design

6.8. Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Low-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Residential Buildings

Small Office Buildings

Hotels And Motels

Clinics And Healthcare Centers

6.9. Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of High-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Commercial Complexes

High-End Residential Towers

Airports And Transit Hubs

Institutional Buildings

7. Hydraulic Passenger Elevators Market Regional And Country Analysis

7.1. Global Hydraulic Passenger Elevators Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Hydraulic Passenger Elevators Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Hydraulic Passenger Elevators Market

8.1. Asia-Pacific Hydraulic Passenger Elevators Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Hydraulic Passenger Elevators Market

9.1. China Hydraulic Passenger Elevators Market Overview

9.2. China Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Hydraulic Passenger Elevators Market

10.1. India Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Hydraulic Passenger Elevators Market

11.1. Japan Hydraulic Passenger Elevators Market Overview

11.2. Japan Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Hydraulic Passenger Elevators Market

12.1. Australia Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Hydraulic Passenger Elevators Market

13.1. Indonesia Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Hydraulic Passenger Elevators Market

14.1. South Korea Hydraulic Passenger Elevators Market Overview

14.2. South Korea Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Hydraulic Passenger Elevators Market

15.1. Western Europe Hydraulic Passenger Elevators Market Overview

15.2. Western Europe Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Hydraulic Passenger Elevators Market

16.1. UK Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Hydraulic Passenger Elevators Market

17.1. Germany Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Hydraulic Passenger Elevators Market

18.1. France Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Hydraulic Passenger Elevators Market

19.1. Italy Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Hydraulic Passenger Elevators Market

20.1. Spain Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Hydraulic Passenger Elevators Market

21.1. Eastern Europe Hydraulic Passenger Elevators Market Overview

21.2. Eastern Europe Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Hydraulic Passenger Elevators Market

22.1. Russia Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Hydraulic Passenger Elevators Market

23.1. North America Hydraulic Passenger Elevators Market Overview

23.2. North America Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Hydraulic Passenger Elevators Market

24.1. USA Hydraulic Passenger Elevators Market Overview

24.2. USA Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Hydraulic Passenger Elevators Market

25.1. Canada Hydraulic Passenger Elevators Market Overview

25.2. Canada Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Hydraulic Passenger Elevators Market

26.1. South America Hydraulic Passenger Elevators Market Overview

26.2. South America Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Hydraulic Passenger Elevators Market

27.1. Brazil Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Hydraulic Passenger Elevators Market

28.1. Middle East Hydraulic Passenger Elevators Market Overview

28.2. Middle East Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Hydraulic Passenger Elevators Market

29.1. Africa Hydraulic Passenger Elevators Market Overview

29.2. Africa Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Hydraulic Passenger Elevators Market Competitive Landscape And Company Profiles

30.1. Hydraulic Passenger Elevators Market Competitive Landscape

30.2. Hydraulic Passenger Elevators Market Company Profiles

30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Thyssenkrupp AG Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Toshiba Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Otis Elevator Company Overview, Products and Services, Strategy and Financial Analysis

31. Hydraulic Passenger Elevators Market Other Major And Innovative Companies

31.1. Schindler Holding Ltd

31.2. Hyundai Elevator Co. Ltd.

31.3. Fujitec Co. Ltd.

31.4. Savaria Corporation

31.5. Canny Elevator

31.6. Yungtay Engineering

31.7. Orona Group

31.8. Kleemann Hellas SA

31.9. Stannah Lifts Holdings Ltd.

31.10. Gulf Elevators & Escalators Co. Ltd.

31.11. Joylive Elevator

31.12. Intec Elevator

31.13. FUJIHD Elevator & Escalator

31.14. Escon Elevators Pvt. Ltd.

31.15. Sicher Elevator

32. Global Hydraulic Passenger Elevators Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Hydraulic Passenger Elevators Market

34. Recent Developments In The Hydraulic Passenger Elevators Market

35. Hydraulic Passenger Elevators Market High Potential Countries, Segments and Strategies

35.1 Hydraulic Passenger Elevators Market In 2029 - Countries Offering Most New Opportunities

35.2 Hydraulic Passenger Elevators Market In 2029 - Segments Offering Most New Opportunities

35.3 Hydraulic Passenger Elevators Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Hydraulic Passenger Elevators Market, Segmentation By Elevator Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Hydraulic Passenger Elevators Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Traditional Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Holeless Hydraulic Elevators, By Types, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Low-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of High-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Global Hydraulic Passenger Elevators Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Global Hydraulic Passenger Elevators Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: China, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: China, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: India, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: India, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Japan, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Japan, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Australia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Australia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: UK, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: UK, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: Germany, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: Germany, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: France, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: France, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Italy, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Italy, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Spain, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Spain, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: Russia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: Russia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: North America, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: North America, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: USA, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: USA, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: Canada, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: Canada, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: South America, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: South America, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Africa, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 79: Africa, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 80: Hitachi Ltd. Financial Performance

Table 81: Thyssenkrupp AG Financial Performance

Table 82: Mitsubishi Electric Corporation Financial Performance

Table 83: Toshiba Corporation Financial Performance

Table 84: Otis Elevator Company Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Hydraulic Passenger Elevators Market, Segmentation By Elevator Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Hydraulic Passenger Elevators Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Traditional Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Holeless Hydraulic Elevators, By Types, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of Low-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Hydraulic Passenger Elevators Market, Sub-Segmentation Of High-Rise Hydraulic Elevators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Global Hydraulic Passenger Elevators Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Global Hydraulic Passenger Elevators Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: Asia-Pacific, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: China, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: China, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: India, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: India, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Japan, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Japan, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Australia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Australia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: Indonesia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: South Korea, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: Western Europe, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: UK, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: UK, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: Germany, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: Germany, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: France, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: France, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Italy, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Italy, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Spain, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Spain, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Eastern Europe, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: Russia, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: Russia, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: North America, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: North America, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: USA, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: USA, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: Canada, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: Canada, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: South America, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: South America, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Brazil, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Middle East, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Hydraulic Passenger Elevators Market, Segmentation By Type Of Hydraulic System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Africa, Hydraulic Passenger Elevators Market, Segmentation By Control System, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 79: Africa, Hydraulic Passenger Elevators Market, Segmentation By Installation Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 80: Hitachi Ltd. Financial Performance

Figure 81: Thyssenkrupp AG Financial Performance

Figure 82: Mitsubishi Electric Corporation Financial Performance

Figure 83: Toshiba Corporation Financial Performance

Figure 84: Otis Elevator Company Financial Performance

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Frequently Asked Questions

What is the definition of the Hydraulic Passenger Elevators market?

How will the Hydraulic Passenger Elevators market drivers and restraints affect the market dynamics? What forces will shape the Hydraulic Passenger Elevators industry going forward?

The market major growth driver - Growth In Residential Construction Is Fueling The Growth Of The Market Due To Rising Urbanization And Demand For Vertical Mobility Solutions. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Hydraulic Passenger Elevators market?

The hydraulic passenger elevators market size has grown strongly in recent years. It will grow from $11.31 billion in 2024 to $12.08 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing commercial infrastructure, demand for affordable vertical transport, growth of residential apartment complexes, a rise in hotel and hospitality construction, and adoption of basic lift safety regulations. The hydraulic passenger elevators market size is expected to see strong growth in the next few years. It will grow to $15.52 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to demand for touchless and hygienic elevator features, a rising elderly population requiring accessible mobility, increasing urban infill development, growth in low- to mid-rise mixed-use buildings, and the use of eco-friendly hydraulic fluids. Major trends in the forecast period include advancements in energy-efficient elevator systems, smart load-sensing technology, integration with building management systems, touchless control panels, and artificial intelligence-based maintenance prediction. For further insights on this market, request a sample here

How is the Hydraulic Passenger Elevators market segmented?

The hydraulic passenger elevators market covered in this report is segmented –
1) By Type Of Hydraulic System: Traditional Hydraulic Elevators, Holeless Hydraulic Elevators, Low-Rise Hydraulic Elevators, High-Rise Hydraulic Elevators
2) By Control System: Manual Control Systems, Automatic Control Systems, Smart Control Systems, Remote Monitoring Systems
3) By Installation Type: New Installations, Modernization Of Existing Elevators, Retrofitting
4) By Elevator Capacity: Small Capacity (Up To 1,000 Kg), Medium Capacity (1,001 Kg To 2,500 Kg), Large Capacity (Above 2,500 Kg)
5) By End-User: Hospitals, Shopping Malls, Office Buildings, Airports, Other End-Users Subsegments:
1) By Traditional Hydraulic Elevators: Direct-Plunger Type, Indirect-Plunger Type, Single-Stage Cylinder, Dual-Stage Telescopic Cylinder
2) By Holeless Hydraulic Elevators: Twin Post, Single Post, Roped Hydraulic Configuration, Telescopic Holeless Design
3) By Low-Rise Hydraulic Elevators: Residential Buildings, Small Office Buildings, Hotels And Motels, Clinics And Healthcare Centers
4) By High-Rise Hydraulic Elevators: Commercial Complexes, High-End Residential Towers, Airports And Transit Hubs, Institutional Buildings For further insights on this market, request a sample here

Which region has the largest share of the Hydraulic Passenger Elevators market? What are the other regions covered in the report?

North America was the largest region in the hydraulic passenger elevators market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic passenger elevators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Hydraulic Passenger Elevators market?

What are the key trends in the Hydraulic Passenger Elevators market?

Major trends in this market include Innovative Low-Rise Hydraulic Elevator With Smart Features And Energy Efficiency. For further insights on this market, request a sample here.