India Elevator Market (2025-2031) | Forecast, Segmentation, Share, Competitive Landscape, Analysis, Value, Size & Revenue, Outlook, Trends, Companies, Growth, Industry
Market Forecast By Product (Hydraulic and Pneumatic, Machine Room [MR] Traction, Machine Room-Less [MRL] Traction), By Deck Type (Single Deck, Double Deck), By Application (Passengers, Freight), By Destination Control (Smart, Conventional), By Technology (Traction elevator, Machine room less traction elevator, Hydraulic), By Installation (New Installation, Maintenance, Modernization) And Competitive Landscape
| Product Code: ETC7542590 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
India Elevator Market Import Shipment Trend (2020-2024)
The India elevator market import shipment demonstrated a robust growth trend with a CAGR of 11.1% from 2020 to 2024. Notably, there was a significant acceleration in growth between 2023 and 2024, with a growth rate of 24.7%. The market expanded steadily, indicating strong momentum and increasing demand during the period.
Key Highlights of the Report:
- India Elevator Market Outlook
- Market Size of India Elevator Market, 2024
- Forecast of India Elevator Market, 2031
- Historical Data and Forecast of India Elevator Revenues & Volume for the Period 2021- 2031
- India Elevator Market Trend Evolution
- India Elevator Market Drivers and Challenges
- India Elevator Price Trends
- India Elevator Porter's Five Forces
- India Elevator Industry Life Cycle
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Hydraulic and Pneumatic for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Machine Room [MR] Traction for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Machine Room-Less [MRL] Traction for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Deck Type for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Single Deck for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Double Deck for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Passengers for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Freight for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Destination Control for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Smart for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Conventional for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Technology for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Traction elevator for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Machine room less traction elevator for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Hydraulic for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Installation for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By New Installation for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Maintenance for the Period 2021- 2031
- Historical Data and Forecast of India Elevator Market Revenues & Volume By Modernization for the Period 2021- 2031
- India Elevator Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Deck Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Destination Control
- Market Opportunity Assessment By Technology
- Market Opportunity Assessment By Installation
- India Elevator Top Companies Market Share
- India Elevator Competitive Benchmarking By Technical and Operational Parameters
- India Elevator Company Profiles
- India Elevator Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Elevator Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Elevator Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Elevator Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Elevator Market Revenues & Volume, 2021 & 2031F |
3.3 India Elevator Market - Industry Life Cycle |
3.4 India Elevator Market - Porter's Five Forces |
3.5 India Elevator Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Elevator Market Revenues & Volume Share, By Deck Type, 2021 & 2031F |
3.7 India Elevator Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Elevator Market Revenues & Volume Share, By Destination Control, 2021 & 2031F |
3.9 India Elevator Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.10 India Elevator Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 India Elevator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development in India leading to higher demand for elevators. |
4.2.2 Growing adoption of high-rise buildings and commercial complexes driving the need for elevators. |
4.2.3 Government initiatives promoting smart city projects and sustainable urban development, which include elevator installations. |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with elevators. |
4.3.2 Slowdown in the real estate sector affecting new elevator installations. |
4.3.3 Challenges related to compliance with safety and regulatory standards impacting market growth. |
5 India Elevator Market Trends |
6 India Elevator Market, By Types |
6.1 India Elevator Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Elevator Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 India Elevator Market Revenues & Volume, By Hydraulic and Pneumatic, 2021- 2031F |
6.1.4 India Elevator Market Revenues & Volume, By Machine Room [MR] Traction, 2021- 2031F |
6.1.5 India Elevator Market Revenues & Volume, By Machine Room-Less [MRL] Traction, 2021- 2031F |
6.2 India Elevator Market, By Deck Type |
6.2.1 Overview and Analysis |
6.2.2 India Elevator Market Revenues & Volume, By Single Deck, 2021- 2031F |
6.2.3 India Elevator Market Revenues & Volume, By Double Deck, 2021- 2031F |
6.3 India Elevator Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Elevator Market Revenues & Volume, By Passengers, 2021- 2031F |
6.3.3 India Elevator Market Revenues & Volume, By Freight, 2021- 2031F |
6.4 India Elevator Market, By Destination Control |
6.4.1 Overview and Analysis |
6.4.2 India Elevator Market Revenues & Volume, By Smart, 2021- 2031F |
6.4.3 India Elevator Market Revenues & Volume, By Conventional, 2021- 2031F |
6.5 India Elevator Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 India Elevator Market Revenues & Volume, By Traction elevator, 2021- 2031F |
6.5.3 India Elevator Market Revenues & Volume, By Machine room less traction elevator, 2021- 2031F |
6.5.4 India Elevator Market Revenues & Volume, By Hydraulic, 2021- 2031F |
6.6 India Elevator Market, By Installation |
6.6.1 Overview and Analysis |
6.6.2 India Elevator Market Revenues & Volume, By New Installation, 2021- 2031F |
6.6.3 India Elevator Market Revenues & Volume, By Maintenance, 2021- 2031F |
6.6.4 India Elevator Market Revenues & Volume, By Modernization, 2021- 2031F |
7 India Elevator Market Import-Export Trade Statistics |
7.1 India Elevator Market Export to Major Countries |
7.2 India Elevator Market Imports from Major Countries |
8 India Elevator Market Key Performance Indicators |
8.1 Number of new high-rise building projects announced or under construction. |
8.2 Rate of urbanization in key cities across India. |
8.3 Adoption of smart technologies in elevator systems. |
8.4 Number of elevator maintenance contracts secured by companies. |
8.5 Energy efficiency ratings of elevators installed. |
9 India Elevator Market - Opportunity Assessment |
9.1 India Elevator Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Elevator Market Opportunity Assessment, By Deck Type, 2021 & 2031F |
9.3 India Elevator Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Elevator Market Opportunity Assessment, By Destination Control, 2021 & 2031F |
9.5 India Elevator Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.6 India Elevator Market Opportunity Assessment, By Installation, 2021 & 2031F |
10 India Elevator Market - Competitive Landscape |
10.1 India Elevator Market Revenue Share, By Companies, 2024 |
10.2 India Elevator Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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