The global Residential Elevators market is valued at 13900 million US$ in 2017 and will reach 18600 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.

City of Industry, CA -- (SBWire) -- 08/01/2018 --This report studies the global Residential Elevators market status and forecast, categorizes the global Residential Elevators market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa).

Residential elevators are a type of elevators installed in residential. Residential Elevators include platform lifts, Cabin lifts and wheelchair lifts.

As the arrival of population aging, residential elevators are more and more popular. Residential elevator is very helpful for the access solution of the disabled. It looks promising that the global revenue market of residential elevators is about 15.86 billion USD in 2023.

Europe is the largest and the most mature market, as there are many famous elevator manufacturers engaged in the home lift and platform lift market. Some manufacturer also export residential elevators to other countries like China thorough these cooperative partners such as design and installation companies.

China is the fast growing market as the fast development of its real estate industry in the last several years. Though the growth speed is slowing since 2016, the residential elevator market is still enjoying a fast growth rate as the desire for better experience.

The global Residential Elevators market is valued at 13900 million US$ in 2017 and will reach 18600 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.

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The major manufacturers covered in this report

ThyssenKrupp

Otis

Mitsubishi

Hitachi

Cibes

Aritco

Stannah

Fujitec

RAM Manufacturing

Orona

Kone

Inclinator

Yungtay Engineering

Terry Lifts

Barduva

Yuncheng

Kleeman

Dongnan

Sigma

Canny Elevator

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

India

Southeast Asia

Other regions (Central & South America, Middle East & Africa)

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Platform Lifts

Cabin Lifts

Other Lifts

By Application, the market can be split into

Private Home

Public Space

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.