15 Largest Elevator Companies in the World

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7. Hitachi Building Systems

Revenue -$ 5,676.73 million

Number of Employees -N/A

Japanese giant Hitachi delves into the elevator and escalator industry with its Building Systems division. Hitachi Building Systems operates as a unit of the Hitachi group. The unit has operations in building services including modernization and maintenance in China, Japan and Middle East markets. The company is increasingly experimenting with digital solutions for its elevators. 

6. ThyssenKrupp Elevator AG (NYSE:TKAMY)

Revenue – $7,933.53 million

Number of Employees – 50,000

German multinational conglomerate mainly operating in the industrial engineering and steel production, recently disposed off its elevator business. While the sale proceeds from the Elevator technology segment was quite high, the company intends to achieve a structured balance sheet through the disposal. ThyssenKrupp Elevator AG operates as an independent company currently. 

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Disclosure: No positions. 15 largest elevator companies in the world is originally published on Insider Monkey

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