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Top 10 Elevator Companies in USA: 2025 Industry Overview

Update on Oct 27, 2025

Top 10 Elevator Companies in USA: 2025 Industry Overview

The elevator industry in the USA plays a critical role in modern urban infrastructure. From residential buildings to commercial skyscrapers, elevators ensure smooth, safe, and efficient vertical transportation for millions every day.

In this article, we present the Top 10 Elevator Companies in the USA (2025 Update). You’ll gain insights into their company backgrounds, key products, and what makes each manufacturer stand out in the industry. At the end, we also recommend Panda Elevator, a leading global supplier of elevator spare parts, offering high-quality and reliable solutions worldwide.

Table of Contents

 

1. Otis Elevator Company

1. Otis Elevator Company

Company Profile

Otis Elevator Company is the world’s largest manufacturer and maintainer of people-moving products, serving more than 2.4 million customer units across 200 countries and territories. With a workforce of over 72,000 employees—including 44,000 field professionals—Otis has played a defining role in shaping urban mobility. From iconic skyscrapers to bustling transit hubs, Otis solutions can be found wherever people move.

Products

  • Low-Rise Elevators
  • Mid-Rise Elevators
  • High-Rise Elevators
  • Escalators & Moving Walks

Why Choose the Manufacturer

Clients choose Otis for its proven legacy, unmatched reliability, and global service coverage. The company’s extensive field network and consistent safety standards ensure optimal performance for any project size.

Why the Manufacturer Stood Out

Otis is not only a historic innovator—it’s an industry benchmark. With 26 engineering centers and 11 test towers worldwide, the company drives continuous innovation in vertical transportation, emphasizing sustainability, precision, and global uniformity in quality.

 

2. Schindler Elevator Corporation

2. Schindler Elevator Corporation

Company Profile

Headquartered in Morristown, New Jersey, Schindler Elevator Corporation represents the U.S. branch of the Swiss-based Schindler Group, one of the world’s leading providers of elevators, escalators, and moving walks. Founded in 1874, the company has over 6,500 employees across 160 North American locations, continuing its long tradition of engineering precision and innovation.

Products

  • Passenger Elevators
  • Freight & Custom Elevators
  • Escalators
  • Moving Walkways

Why Choose the Manufacturer

Customers value Schindler’s technical excellence, customer-focused service, and sustainable engineering. Its elevators are known for smooth rides, energy savings, and seamless integration with modern building management systems.

Why the Manufacturer Stood Out

With deep roots in micro-technology and precision mechanics, Schindler stands out for combining traditional Swiss craftsmanship with cutting-edge digital innovations such as predictive maintenance and smart mobility platforms.

 

3. KONE Inc.

3. KONE Inc.

Company Profile

KONE Inc. is a global leader in the elevator and escalator industry, dedicated to improving the flow of urban life. With over 60,000 employees and annual sales exceeding EUR 9.9 billion, KONE delivers safe, convenient, and reliable People Flow® solutions in high-rise buildings and complex urban environments. The company’s shares are publicly listed on Nasdaq Helsinki, Finland.

Products

  • KONE Elevators
  • Escalators & Moving Walkways
  • Elevator and Escalator Planning Tools

Why Choose the Manufacturer

KONE’s customers benefit from a focus on innovation, sustainability, and user experience. Its advanced technologies ensure that every installation improves accessibility, energy efficiency, and comfort for users.

Why the Manufacturer Stood Out

KONE distinguishes itself through its proprietary People Flow® concept and commitment to eco-efficiency. Its global R&D efforts consistently lead the industry in developing smart and sustainable elevator systems.

 

4. TK Elevator (formerly Thyssenkrupp Elevator)

4. TK Elevator (formerly Thyssenkrupp Elevator)

Company Profile

TK Elevator, previously known as Thyssenkrupp Elevator, continues a long legacy of innovation in vertical transportation. The company focuses on providing smarter, more efficient mobility solutions that improve accessibility and user experience in rapidly urbanizing environments. Headquartered in Germany, TK Elevator operates globally with a strong presence in North America.

Products

  • Low-Rise Solutions (<5 Stories)
  • Mid-Rise Solutions
  • High-Rise Solutions
  • Hydraulic Elevators
  • Traction Elevators
  • Escalators

Why Choose the Manufacturer

TK Elevator combines German engineering excellence with customer-centric solutions. Clients appreciate its flexible service options, advanced digital interfaces, and strong commitment to safety and sustainability.

Why the Manufacturer Stood Out

What sets TK Elevator apart is its focus on next-generation smart mobility systems and IoT-enabled service technology. Its MAX predictive maintenance system represents a major leap in proactive elevator management and uptime performance.

 

5. Mitsubishi Electric US, Inc.

5. Mitsubishi Electric US, Inc.

Company Profile

For nearly a century, Mitsubishi Electric has driven innovation across multiple industries, from energy systems and factory automation to building technologies. Its U.S. division continues this legacy by offering a comprehensive range of products, including elevators, escalators, HVAC systems, semiconductors, and advanced display technologies.

Products

  • Mitsubishi Electric Elevators
  • Mitsubishi Electric Escalators

Why Choose the Manufacturer

Mitsubishi Electric is a trusted choice for its engineering precision, high safety standards, and technological integration. Its elevators are designed for minimal vibration, smooth operation, and outstanding durability.

Why the Manufacturer Stood Out

Mitsubishi Electric stands out through its cross-industry innovation and use of proprietary control systems. Its commitment to sustainability and product longevity positions it as a top-tier brand in smart building infrastructure.

 

6. Hitachi Elevator Global

6. Hitachi Elevator Global

Company Profile

Hitachi Elevator Global operates under the guiding principle of contributing to a sustainable society by providing new value for people, buildings, and communities. With operations expanding across Japan, China, the Middle East, and other regions, Hitachi integrates advanced technology with environmental awareness to build next-generation mobility systems aligned with the UN Sustainable Development Goals.

Products

  • Hitachi Elevator
  • Escalator & Moving Side Walk
  • Group Control Elevator System

Why Choose the Manufacturer

Customers select Hitachi Elevator for its balance between innovation and sustainability. The company’s eco-friendly designs and commitment to long-term safety align perfectly with modern infrastructure needs.

Why the Manufacturer Stood Out

Hitachi stands out for integrating cutting-edge engineering with a strong environmental mission. Its pursuit of “smart and green mobility” has positioned it as a leader in sustainable urban development solutions.

 

7. Fujitec America, Inc.

7. Fujitec America, Inc.

Company Profile

Fujitec America, Inc. is a prominent manufacturer of elevators and escalators, dedicated to enhancing the smooth and effortless movement of people in modern cities. Driven by continuous research and development, Fujitec strives to improve safety, comfort, and performance, while pushing the boundaries of transportation technology.

Products

  • Elevators
  • Escalators
  • Moving Walkways
  • Destination Dispatch

Why Choose the Manufacturer

Clients choose Fujitec for its dedication to quality, precision, and customer comfort. Its systems are designed to provide seamless, quiet, and efficient operation that fits the demands of high-traffic environments.

Why the Manufacturer Stood Out

Fujitec’s innovation philosophy—turning imagination into reality—sets it apart. Its continuous investment in R&D and visionary engineering approach make it one of the most forward-thinking companies in the elevator industry.

 

8. Toshiba Elevator and Building Systems Corporation

8. Toshiba Elevator and Building Systems Corporation

Company Profile

Toshiba Elevator and Building Systems Corporation (TELC) has built a comprehensive structure covering all stages of elevator development—from design and manufacturing to installation, adjustment, and maintenance. Leveraging over 130 years of Toshiba’s technological excellence, TELC focuses on delivering high-speed, high-performance elevators that exceed customer expectations.

Products

  • High Speed Elevator
  • Observation Elevator
  • Double Deck Elevator
  • GROUP CONTROL SYSTEMS
  • Escalator 
  • Moving Walk

Why Choose the Manufacturer

Toshiba’s customers benefit from integrated engineering, exceptional product quality, and full life-cycle service. The company’s focus on innovation ensures that each system enhances user experience and operational efficiency.

Why the Manufacturer Stood Out

Toshiba stands out through its pursuit of perfection in performance and safety. Its technological breakthroughs, including some of the world’s fastest elevators, demonstrate its dedication to pushing the limits of vertical transportation.

 

9. Hyundai Elevator North America

9. Hyundai Elevator North America

Company Profile

Hyundai Elevator North America provides innovative mobility solutions that ensure safe, fast, and convenient transportation for modern architectural environments. As part of the globally recognized Hyundai Group, the company focuses on delivering reliable products with advanced design and control technology.

Products

  • Special Purpose Elevators
  • Marine Elevators
  • Escalators/Moving Walks
  • Parking Systems

Why Choose the Manufacturer

Customers choose Hyundai for its dependability, smooth ride quality, and integration of intelligent technologies. The company’s elevators are tailored to meet diverse architectural requirements.

Why the Manufacturer Stood Out

Hyundai’s combination of Korean engineering precision and customer-centric design makes it a trusted global brand. Its strong focus on innovation and design flexibility ensures its elevators meet the evolving needs of modern urban spaces.

 

10. Delta Elevator Company

10. Delta Elevator Company

Company Profile

Founded in 1964, Delta Elevator Company is a family-owned U.S. business with deep roots in elevator manufacturing, installation, and service. Established by Van and Mell Peterson and now operated by the third generation, Delta continues to uphold its legacy of craftsmanship, integrity, and reliability.

Products

  • Custom Hydroelectric Elevators

Why Choose the Manufacturer

Clients choose Delta for its family-driven culture, technical expertise, and consistent service quality. The company’s long-standing reputation is built on honesty, responsiveness, and a customer-first approach.

Why the Manufacturer Stood Out

Delta’s heritage of multi-generational ownership and hands-on engineering sets it apart from larger corporate players. Its commitment to maintaining high standards and building long-term relationships makes it a trusted local partner in the U.S. market.

 

Recommended: Panda Elevator

Recommended: Panda Elevator

Company Profile

Founded in 2019 and headquartered in Suzhou, China, Panda Elevator is a dynamic and comprehensive elevator service company specializing in the production and export of elevator spare parts. The company offers one-stop solutions that include manufacturing, sales, and technical support. Panda’s extensive product range includes traction machines, doors, safety components, wire ropes, and other essential parts, exported to over 30 countries and regions worldwide.

Global Product Range

  1. Elevator Doors Parts
  2. Elevator Safety Components
  3. Elevator Spare Parts
  4. Elevator Traction System
  5. Elevator Control System

Why Choose Panda Elevator

Panda stands out for its combination of competitive pricing, superior quality, and professional service. Its sales engineers offer personalized consultation and technical guidance, ensuring every client receives optimal solutions for their maintenance or manufacturing needs.

Why Panda Elevator Stood Out

Unlike most elevator manufacturers, Panda Elevator focuses on the critical spare parts segment, empowering global clients to maintain and upgrade elevators efficiently. Its global logistics network, responsive support, and strict quality assurance make Panda an ideal partner for distributors and service providers seeking dependable elevator components.

 

 

Conclusion

The elevator industry in the USA continues to evolve through technology, sustainability, and safety innovations. The ten companies featured above represent the forefront of this transformation—each contributing to smarter, more connected cities.

However, when it comes to ensuring the long-term performance of these systems, high-quality spare parts play an equally crucial role. That’s where Panda Elevator comes in—a global manufacturer providing dependable elevator components that complement the products of these leading brands.

If you’re looking for an elevator spare parts supplier that combines international quality with competitive pricing, Panda Elevator is your trusted partner.

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