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List of 10 Best Escalator Manufacturing Companies (2024 update)

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If you're looking to stay ahead of the curve in the elevator industry, then you need to be keeping up to date on the latest trends and technologies. And what better way to do that than by reading elevator industry news?

On this blog, we'll be sharing the top 10 escalator companies in the world in 2023, as well as some information on each company and their involvement in the elevator industry. So whether you're a business owner or an individual looking for a career change, make sure to check us out every month!

List of 10 Best Escalator Manufacturers

1.Otis Elevator Company

2.ThyssenKrupp AG

3.Sigma Elevator Co., Ltd. (Japan)

4.Fujitec (Japan)


6.KONE Corporation

7.Hitachi Ltd.


9.Hyundai Elevator Co., Ltd.


Otis Elevator Company

In 2023, Otis Elevator Company will be the largest manufacturer of elevators, escalators and moving walkways in the world. It was founded in 1853 by Elisha Otis, and has over 150 years of experience in designing, building and servicing elevators, escalators and moving walkways.

Otis has installed elevators and escalators in over 300 cities around the world, making it one of the most-recognized companies in the elevator industry. In the US alone, Otis has installed more than 2 million elevators and escalators in residential and commercial buildings.

Otis Elevator Company is a reliable and trusted choice for anyone looking for an elevator or escalator.

Otis Elevator Company

ThyssenKrupp AG

ThyssenKrupp AG is a multinational conglomerate based in Duisburg, Germany. It is one of the world's largest elevator companies, with annual sales of €47 billion ($47 billion).

ThyssenKrupp produces elevator/escalator components, bathroom furnishings, high-performance structural materials, gears, and more. It has 527,000 employees worldwide and 5,000 in the United States. The company's portfolio ranges from steel and engineering to plant engineering; from raw materials production to recycling services; from elevator systems to industrial trucks.

ThyssenKrupp is a leader in elevator modernization and technology, and has been working to create new business models to keep up with the changing market.

ThyssenKrupp AG

Sigma Elevator Co., Ltd. (Japan)

Escalators are a vital part of many buildings and companies. They're often used to take people up or down a set amount of stairs, and are an essential part of many construction projects. If you're looking for an Escalator Company that offers top-of-the-line products and services, look no further than Sigma Elevator Co., Ltd!

This company is headquartered in Tokyo, Japan and specializes in manufacturing and supplying escalators, moving walkways, elevators. The company has been recognized as one of the leading manufacturers of escalators in Asia today, and its products are sold all over the world with clients ranging from contractors to private individuals.

If you're interested in learning more about Sigma Elevator Co., Ltd., be sure to check out their website!

Sigma Elevator Co., Ltd. (Japan)

Fujitec (Japan)

Escalators play a vital role in modern buildings and are often seen as symbols of luxury and prestige.

Fujitec is a Japanese company that has been making escalators and moving walkways for over 50 years. It is the world's largest manufacturer of escalators with more than 60% of the global market share. Fujitec has manufacturing facilities in Japan, China, India, Thailand and Brazil. It also has sales offices in Europe, North America and the Asia Pacific regions. The company's products are found in a wide range of buildings, including department stores, airports, hospitals and office buildings.

Fujitec is a reliable company that has a long history of innovation and quality.

Fujitec (Japan)


The Schindler Group is a leader in the elevator industry and is predicted to be the number one company in the world by 2023. The company has been in business for over 140 years and is headquartered in Switzerland.

The Schindler Group produces escalators and stairways for residential and commercial buildings as well as airports and metro systems. It also operates under several different brands including Schindler, ThyssenKrupp and Doppelmayr. The company has production facilities in Switzerland, Germany, Austria, China, India and the USA.

It is estimated that the Schindler Group will have produced over one million escalators and elevators by the end of 2023.


KONE Corporation

Escalators are an important part of any building, and KONE Corporation is a giant in the industry. With more than 90 years of experience, the company has developed some of the best escalators and elevators in the world.

KONE is headquartered in Helsinki, Finland, but it also has offices worldwide. The company has a strong presence in Asia and Europe, with locations in over 100 countries worldwide.

KONE's focus on helping customers reduce their carbon footprint and improve their energy efficiency makes it a company that makes an impact on the environment without sacrificing quality or performance.

KONE Corporation

Hitachi Ltd.

Hitachi Ltd. is one of the leading elevator and escalator companies in the world. With over 3,000 employees worldwide, the company has a wide range of products including escalators.

It has been serving its customers with excellence since 1988 by providing them with exceptional services. Hitachi is also one of the largest manufacturers of elevator and escalator systems in the world. The company has a global network of sales offices and service providers operating in more than 100 countries.

Hitachi has an extensive global network of sales offices and service providers operating in more than 100 countries.



Escalators are a common sight in buildings, and for good reason - they're a safe, convenient, and high-tech solution to a variety of problems.

Delfar is a company that has been in the elevator business for over 10 years, and has developed a strong reputation for quality and innovation. In 2023, they are expected to be one of the top 10 Escalator companies in the world. They offer a variety of products that are perfect for a variety of needs, and their technology is second to none.

They are also known for their customer service and attention to detail, which has helped them build a loyal customer base. As the world moves towards more environmentally-friendly buildings, Delfar is poised to stay ahead of the curve.

Hyundai Elevator Co., Ltd.

Hyundai Elevator Co., Ltd. is one of the largest elevator companies in the world and it is poised to continue its dominance in 2023. Founded in 1976 as a division of Hyundai Heavy Industries (HHI), the company has since grown to become one of the world’s largest elevator manufacturers.

In 2012, Hyundai Elevator was awarded the ISO 9001:2008 certification, which confirms its dedication to quality and environmental responsibility. Hyundai Elevator currently has more than 1,400 employees worldwide, making it one of the largest companies in South Korea. The company’s products are sold in over 100 countries and its products account for 10 per cent of all elevators sold globally each year.

Hyundai Elevator’s headquarters are located in Seoul, South Korea, but the company has production facilities throughout Asia, Europe, and the Americas.

Hyundai Elevator Co., Ltd.

Shanghai Mitsubishi Electric Corporation (SMEC)

What company will be the top global escalator company in 2023? According to the predictions of analysts, it's SMEC. The company specializes in the manufacturing of escalators and elevators, and it sells its products under the brand name Mitsubishi.

In 2023, SMEC plans to install an additional 300 escalators worldwide in order to meet growing demand from customers. This will make it one of the world's leading escalator companies, with a portfolio of over 1,800 escalators in more than 100 countries.

Escalators are an essential part of many buildings, and as the world grows increasingly complex and people become increasingly mobile, the demand for escalators is only going to continue to increase. So, if you're looking to have a elevator installed in your building, be sure to contact SMEC!


Frequently Asked Questions

How can I make sure that the company I hire to install my escalators is reputable?

When it comes to hiring a company to install your escalators, it's important to do your research and make sure you're hiring a reputable company. You can start by looking online for reviews of companies before making a decision, or contacting customer service if you have any doubts. Once you've found a company you're interested in, make sure to read the contract thoroughly before signing anything. There may be some conditions that you weren't aware of, so it's always best to ask questions upfront.

What are some good reasons to choose an escalator company?

There are a few good reasons to choose an escalator company as your go-to choice for stairs.

Escalators are a great way to reduce the impact of stairs on your health. By using escalators, you can avoid long and tiring stair climbs, as well as increasing your overall agility and mobility. They're also much quieter and faster than climbing up or down a staircase, which is perfect for busy cities and malls.
Most escalator companies use state-of-the-art security features that keep you safe at all times. For instance, some companies use CCTV cameras to monitor the area around the escalator to ensure that you're always safe. Additionally, many companies have panic buttons in case of an emergency.
Last but not least, escalators make it easier to move large loads around quickly - perfect for warehouses and other commercial uses.

Are there any other factors that I should consider when choosing an escalator company?

When you're shopping for an escalator company, it's important to consider a few other factors. Here are a few to keep in mind:
1. Safety and customer service ratings: It's important to make sure that the company you're considering has high safety and customer service ratings. This means that the staff is trained properly to handle escalator accidents, and that customers can always rely on the company to take care of them.
2. Types of escalators: You should also think about which type of elevator is best for your needs - moving walkways, rotating ones, or lifts? Additionally, you might want to consider how often you'll use the escalator and what size group can ride at once.
3. Size of group: You should also think about how many people can ride on an escalator at once in order to ensure a safe and smooth experience.

Do I need a permit to have an escalator installed in my business?

Most business owners would agree that having an escalator installed in their business can be a fantastic way to increase foot traffic and make things a lot easier for customers. However, before you go ahead and invest in an escalator, you'll need to check with your local municipality to see if they're willing to grant you a permit.
Some exceptions to this rule include amusement parks who need large escalators for safety reasons and businesses located in high-rise buildings where escalators are an inherent part of the design.
If your business falls under one of these exceptions, you will need to get in touch with your local municipality and request a permit. In most cases, the required permits can vary depending on your location but generally you'll need something like a fire safety inspection or building permit.

How do I know if my current escalator company is good or not?

Before you decide to switch to a new escalator company, it is important to do your research and weigh all of the pros and cons. Here are a few ways to check the quality of an escalator company:
- By reading customer reviews. Not all companies allow customers to share their thoughts on their experience with the company online, but reading reviews from other consumers can help you make an informed decision about whether to switch companies or not.
- Checking licensing information. Escalator companies that are licensed and approved by government agencies like the DOT (Department of Transportation) or OSHA (Occupational Safety and Health Administration) are generally considered to be of high quality.
- Checking safety ratings. Escalator companies with good safety ratings typically have implemented safe work practices and have regular safety inspections. This way, you can be confident that you and your family are in safe hands should something go wrong while using an escalator.


In 2023, the top 10 escalator companies in the world will be as follows: Otis Elevator Company, ThyssenKrupp AG, Sigma Elevator Co., Ltd. (Japan), Fujitec (Japan), Schindler, KONE Corporation, Hitachi Ltd., Delfar, Hyundai Elevator Co., Ltd., and Shanghai Mitsubishi Electric Corporation (SMEC). Make sure to stay up-to-date on the latest industry trends and news to make sure you're in the know when it comes to the best escalator companies out there!