Poland Elevator Market By Type (Traction and Hydraulic), By Service (Modernization and Maintenance & Repair, New Installation), By End-User (Residential, Commercial, Institutional, Infrastructural and Others), By Speed (<200 fpm, 200-500 fpm, >500 fpm), By Weight (>3000 lbs, 3000-4000 lbs, 4000-5000 lbs, <5000 lbs), By Height (>20 floors, 20 -50 floors, <50), By Price Range (Low, Medium & High), By Region, Competition Forecast & Opportunities, 2018-2028

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Summary

Report Description

Poland Elevator Market was valued at USD 654.67 million in 2022 and is anticipated to project robust growth during the forecast period, with a CAGR of 6.08% owing to increasing number of constriction projects.

An elevator is an open or closed platform used to vertically transport people and goods from one floor to another within a building. Elevators are a standard part of high-rise commercial and residential buildings. Elevators are now often mandated by law in new buildings with several floors. By paving the way for skyscrapers, elevators have played a key role in creating the characteristic urban geography of many modern cities and are expected to play an integral role in future urban development. High-rise commercial buildings such as shopping malls, hospitals, hotels, and housing complexes There is usually a regular elevator. Elevators can be divided into two categories, namely, hoist mechanism and designing.

Increasing number of construction projects related to skyscrapers and other high rise buildings owing to increasing urbanization is expected to play a major role in driving the Poland Elevator Market.

Increase in demand for High-Speed and Machine-Room-Less (MRL) Elevators 
The latest trends toward higher energy efficiency, lighter weight, more design options and efficient use of shaft space are all advantages of machine room less elevators. As the number of high-rise residential and commercial buildings increase nationwide, the demand for high-speed traction elevators is growing rapidly. To meet the growing market demand, industry participants are offering high speed, ultra-high speed and machine room free elevators to meet specific customer needs. In addition, machine-room-less elevators take less time to install and require less energy to operate. As a result, such characteristics are expected to drive the expansion of the Polish elevator market.

Social & Affordable Housing Construction Plan
In 2022, Poland's construction sector grew by around 5.8% to USD 39,601.79 million. The Polish government had launched an initiative aimed at funding investments in social and affordable housing by municipalities and registered social and affordable housing providers across the country. Another announced project was the construction of an apartment complex in Warsaw. Construction started in the third quarter of 2021 and is expected to be completed by the fourth quarter of 2024. The purpose of this project is to provide people with affordable housing in this area. In addition, another project was announced for a 36,000 sq.m. data center facility with a total capacity of 48 MW on 5 hectares (ha) of land in Masovia, Poland. Construction of the building structure began in the third quarter of 2021 and is expected to be completed in the fourth quarter of 2024. The purpose of this project is to meet the country's demand for data center capacity. Therefore, the market is expected to grow as the country focuses on new construction projects. 

Latest Developments in Poland Elevator Market

  • With the popularization of smart city initiatives and the increasing acceptance of digitization, the Polish elevator industry is increasingly dependent on the use of information and communication technology (ICT). Current technologies include artificial intelligence, internet of things, port technology, virtual diagnostics, target control/speed gates, predictive maintenance, and more. Efforts have also been made to provide very high-speed elevators suitable for skyscrapers. As safety is a key concern in vertical transportation, companies are conducting extensive research to make these systems safer and more efficient.


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Market Segmentation
Poland Elevator market is segmented on the basis of type, service, end-user, speed, weight, height, price range, and region. Based on type, the market is further bifurcated into traction and hydraulic. Based on service, the market is further bifurcated into modernization and maintenance & repair, new installation. Based on end-user, the market is further bifurcated into residential, commercial, institutional, infrastructural and others. Based on speed, the market is further segmented into <200 fpm, 200-500 fpm, >500 fpm. Based on weight, the market is bifurcated into mod <3000 lbs, 3000-4000 lbs, 4000-5000 lbs, >5000 lbs. Based on price range, the market is further bifurcated into low, medium and high. Based on region, the market is bifurcated into Masovia, Silesia, Greater Poland, and Rest of Poland.

Market Players
Major market players in the Poland Elevator market are Kone Sp. z o. o, OTIS Poland, Schindler Poland Sp. z o.o, Lift Service SA, Thyssenkrupp Elevator Sp. z o.o, Lift-Malko Sp. J., Elwiko Sp. z o. o, Intec Poland Sp. z o.o. sp. k., Omi Lifts & Escalators Sp. z o.o. sp.k., and Cibes Lift Group AB.

Attribute

Details

Market size value in 2022

USD 654.67 million

Revenue Forecast in 2028

USD 931.96 million

Growth Rate

6.08%

Base Year

2022

Historic Data

2018– 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, growth factors, and trends

Segments covered

Type

Service

End-User

Speed

Weight

Height

Price Range

Region

Regional scope

Masovia, Silesia, Greater Poland and Rest of Poland

Key companies profiled

Kone Sp. z o. o, OTIS Poland, Schindler Poland Sp. z o.o, Lift Service SA, Thyssenkrupp Elevator Sp. z o.o, Lift-Malko Sp. J., Elwiko Sp. z o. o, Intec Poland Sp. z o.o. sp. k., Omi Lifts & Escalators Sp. z o.o. sp.k., Cibes Lift Group AB.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Poland Elevator Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Poland Elevator Market, By Type:

o   Traction

o   Hydraulic

·         Poland Elevator Market, By Service:

o   Modernization and Maintenance & Repair

o   New Installation

·         Poland Elevator Market, By End-User:

o   Residential

o   Commercial

o   Institutional

o   Infrastructural

o   Others

·         Poland Elevator Market, By Speed:

o   <200 fpm

o   200-500 fpm

o   >500 fpm

·         Poland Elevator Market, By Weight:

o   >3000 lbs

o   3000-4000 lbs

o   4000-5000 lbs

o   <5000 lbs

·         Poland Elevator Market, By Height:

o   <20 floors

o   20-50 floors

o   >50 floors

·         Poland Elevator Market, By Price Range:

o   Low

o   Medium

o   High

·         Poland Elevator Market, By Region:

o   Masovia

o   Silesia

o   Greater Poland

o   Rest of Poland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Poland Elevator market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

·         Detailed analysis and profiling of additional market players.

Poland Elevator Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.            Markets Covered

1.2.2.            Years Considered for Study

1.2.3.            Key Market Segmentations

1.3.  Product Definition

1.3.1.            By Type

1.3.2.            By Service

1.3.3.            By End-User

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.2.1.            Methodology Followed for Calculation of Market Size

2.2.2.            Methodology Followed for Calculation of Market Share

2.2.3.            Methodology Followed for Forecasting

2.3.  Partial List of Companies Interviewed

2.4.  Partial List of Secondary Sources

3.    Executive Summary

4.    Impact of COVID-19 on Poland Elevator Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Key Challenges Faced

5.3.  Key Customer Satisfaction Level

5.4.  Annual Maintenance Contract (AMC) Expectation

5.5.  Annual Maintenance Contract (AMC) Challenges

6.    Global Elevator Market Overview

7.    Poland Elevator Market Outlook

7.1.  Poland Elevator Market Overview

7.2.  Market Size & Forecast

7.2.1.            By Value & Volume

7.3.  Market Share & Forecast (By Value & Volume)

7.3.1.            By Type (Traction, Hydraulic)

7.3.2.            By Service (Modernization and Maintenance & Repair, New Installation)

7.3.3.            By End-User (Residential, Commercial, Institutional, Infrastructural, Others)

7.3.4.            By Speed (<200 fpm, 200-500 fpm, >500 fpm)

7.3.5.            By Weight (>3000 lbs, 3000-4000 lbs, 4000-5000 lbs, <5000 lbs)

7.3.6.            By Height (>20 floors, 20 -50 floors, <50)

7.3.7.            By Price Range (Medium, Low, High)

7.3.8.            By Region (Masovia, Silesia, Greater Poland, Rest of Poland)

7.3.9.            By Company (2022)

7.4.  Market Map (By Type, By Service, By End-User, By Speed, By Weight, By Height, By Price Range, By Region)

8.    Poland New Installation Elevator Market Outlook

8.1.  Poland New Installation Elevator Market Overview

8.2.  Market Size & Forecast

8.2.1.            By Value & Volume

8.3.  Market Share & Forecast (By Value & Volume)

8.3.1.            By Type

8.3.2.            By End-User

8.3.3.            By Speed

8.3.4.            By Weight

8.3.5.            By Height

8.3.6.            By Price Range

9.    Poland Modernization and Maintenance & Repair Elevator Market Outlook

9.1.  Poland Modernization and Maintenance & Repair Elevator Market Overview

9.2.  Market Size & Forecast

9.2.1.            By Value & Volume

9.3.  Market Share & Forecast (By Value & Volume)

9.3.1.            By Type

9.3.2.            By End-User

9.3.3.            By Speed

9.3.4.            By Weight

9.3.5.            By Height

9.3.6.            By Price Range

10. Poland Elevator Market, By Number of Newly Installed Units

10.1.   By Type

10.2.   By End-User

10.3.   By Speed

10.4.   By Weight

10.5.   By Height

10.6.   By Price Range

10.7.   By Region

11. Poland Elevator Market, By Number of Modernized and Maintained Units

11.1.   By Type

11.2.   By End-User

11.3.   By Speed

11.4.   By Weight

11.5.   By Height

11.6.   By Price Range

11.7.   By Region

12. Poland Average Selling Price for Elevator Unit (2022)

12.1.   By Type

12.2.   By Service

12.3.   By End-User

12.4.   By Speed

12.5.   By Weight

12.6.   By Height

12.7.   By Price Range

12.8.   By Region

13. Market Dynamics

13.1.   Drivers

13.2.   Challenges

14. Market Trends & Developments

15. Policy and Regulatory Landscape

16. Poland Economic Profile

17. Competitive Landscape

18. Company Profiles

18.1.   Kone Sp. z o. o

18.2.   OTIS Poland

18.3.   Schindler Poland Sp. z o.o

18.4.   Lift Service SA

18.5.   Thyssenkrupp Elevator Sp. z o.o

18.6.   Lift-Malko Sp. J.

18.7.   Elwiko Sp. z o. o

18.8.   Intec Poland Sp. z o.o. sp. k.

18.9.   Omi Lifts & Escalators Sp. z o.o. sp.k.

18.10. Cibes Lift Group AB

19. Strategic Recommendations

20. About Us & Disclaimer

Figures and Tables

Figure 1: Poland Elevator Market Size, By Value (USD Million), 2010-2028F

Figure 2: Poland Elevator Market Size, By Volume (Units), 2010-2028F

Figure 3: Poland Elevator Market Share, By Type, By Value, 2010-2028F

Figure 4: Poland Elevator Market Share, By Type, By Volume, 2010-2028F

Figure 5: Poland Elevator Market Share, By Service, By Value, 2010-2028F

Figure 6: Poland Elevator Market Share, By Service, By Volume, 2010-2028F

Figure 7: Poland Elevator Market Share, By End-User, By Value, 2010-2028F

Figure 8: Poland Elevator Market Share, By End-User, By Volume, 2010-2028F

Figure 9: Poland Elevator Market Share, By Speed, By Value, 2010-2028F

Figure 10: Poland Elevator Market Share, By Speed, By Volume, 2010-2028F

Figure 11: Poland Elevator Market Share, By Weight, By Value, 2010-2028F

Figure 12: Poland Elevator Market Share, By Weight, By Volume, 2010-2028F

Figure 13: Poland Elevator Market Share, By Height, By Value, 2010-2028F

Figure 14: Poland Elevator Market Share, By Height, By Volume, 2010-2028F

Figure 15: Poland Elevator Market Share, By Price Range, By Value, 2010-2028F

Figure 16: Poland Elevator Market Share, By Price Range, By Volume, 2010-2028F

Figure 17: Poland Elevator Market Share, By Region, By Value, 2010-2028F

Figure 18: Poland Elevator Market Share, By Region, By Volume, 2010-2028F

Figure 19: Poland Elevator Market Share, By Company, By Value & Volume, 2022

Figure 20: Poland Elevator Market Map, By Type, Market Size (USD Million) & Growth Rate (%), 2022

Figure 21: Poland Elevator Market Map, By Service, Market Size (USD Million) & Growth Rate (%), 2022

Figure 22: Poland Elevator Market Map, By End-User, Market Size (USD Million) & Growth Rate (%), 2022

Figure 23: Poland Elevator Market Map, By Speed, Market Size (USD Million) & Growth Rate (%), 2022

Figure 24: Poland Elevator Market Map, By Weight, Market Size (USD Million) & Growth Rate (%), 2022

Figure 25: Poland Elevator Market Map, By Height, Market Size (USD Million) & Growth Rate (%), 2022

Figure 26: Poland Elevator Market Map, By Price Range, Market Size (USD Million) & Growth Rate (%), 2022

Figure 27: Poland Elevator Market Map, By Region, Market Size (USD Million) & Growth Rate (%), 2022

Figure 28: Poland New Installation Elevator Market Size, By Value (USD Million), 2010-2028F

Figure 29: Poland New Installation Elevator Market Size, By Volume (Units), 2010-2028F

Figure 30: Poland New Installation Elevator Market Share, By Type, By Value, 2010-2028F

Figure 31: Poland New Installation Elevator Market Share, By Type, By Volume, 2010-2028F

Figure 32: Poland New Installation Elevator Market Share, By End-User, By Value, 2010-2028F

Figure 33: Poland New Installation Elevator Market Share, By End-User, By Volume, 2010-2028F

Figure 34: Poland New Installation Elevator Market Share, By Speed, By Value, 2010-2028F

Figure 35: Poland New Installation Elevator Market Share, By Speed, By Volume, 2010-2028F

Figure 36: Poland New Installation Elevator Market Share, By Weight, By Value, 2010-2028F

Figure 37: Poland New Installation Elevator Market Share, By Weight, By Volume, 2010-2028F

Figure 38: Poland New Installation Elevator Market Share, By Height, By Value, 2010-2028F

Figure 39: Poland New Installation Elevator Market Share, By Height, By Volume, 2010-2028F

Figure 40: Poland New Installation Elevator Market Share, By Price Range, By Value, 2010-2028F

Figure 41: Poland New Installation Elevator Market Share, By Price Range, By Volume, 2010-2028F

Figure 42: Poland Modernization and Maintenance & Repair Elevator Market Size, By Value (USD Million), 2010-2028F

Figure 43: Poland Modernization and Maintenance & Repair Elevator Market Size, By Volume (Units), 2010-2028F

Figure 44: Poland Modernization and Maintenance & Repair Elevator Market Share, By Type, By Value, 2010-2028F

Figure 45: Poland Modernization and Maintenance & Repair Elevator Market Share, By Type, By Volume, 2010-2028F

Figure 46: Poland Modernization and Maintenance & Repair Elevator Market Share, By End-User, By Value, 2010-2028F

Figure 47: Poland Modernization and Maintenance & Repair Elevator Market Share, By End-User, By Volume, 2010-2028F

Figure 48: Poland Modernization and Maintenance & Repair Elevator Market Share, By Speed, By Value, 2010-2028F

Figure 49: Poland Modernization and Maintenance & Repair Elevator Market Share, By Speed, By Volume, 2010-2028F

Figure 50: Poland Modernization and Maintenance & Repair Elevator Market Share, By Weight, By Value, 2010-2028F

Figure 51: Poland Modernization and Maintenance & Repair Elevator Market Share, By Weight, By Volume, 2010-2028F

Figure 52: Poland Modernization and Maintenance & Repair Elevator Market Share, By Height, By Value, 2010-2028F

Figure 53: Poland Modernization and Maintenance & Repair Elevator Market Share, By Height, By Volume, 2010-2028F

Figure 54: Poland Modernization and Maintenance & Repair Elevator Market Share, By Price Range, By Value, 2010-2028F

Figure 55: Poland Modernization and Maintenance & Repair Elevator Market Share, By Price Range, By Volume, 2010-2028F

Figure 56: Poland Elevator Market, By Type, By Volume (Newly Installed Units), 2010-2028F

Figure 57: Poland Elevator Market, By End-User, By Volume (Newly Installed Units), 2010-2028F

Figure 58: Poland Elevator Market, By Speed, By Volume (Newly Installed Units), 2010-2028F

Figure 59: Poland Elevator Market, By Weight, By Volume (Newly Installed Units), 2010-2028F

Figure 60: Poland Elevator Market, By Height, By Volume (Newly Installed Units), 2010-2028F

Figure 61: Poland Elevator Market, By Price Range, By Volume (Newly Installed Units), 2010-2028F

Figure 62: Poland Elevator Market, By Region, By Volume (Newly Installed Units), 2010-2028F

Figure 63: Poland Elevator Market, By Type, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 64: Poland Elevator Market, By End-User, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 65: Poland Elevator Market, By Speed, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 66: Poland Elevator Market, By Weight, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 67: Poland Elevator Market, By Height, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 68: Poland Elevator Market, By Price Range, By Volume (Modernized and Maintained Units), 2010-2028F

Figure 69: Poland Elevator Market, By Region, By Volume (Modernized and Maintained Units), 2010-2028F

 

List of Tables

Table 1: Poland Elevator Average Selling Price, By Type (USD Thousands), 2022

Table 2: Poland Elevator Average Selling Price, By Service (USD Thousands), 2022

Table 3: Poland Elevator Average Selling Price, By End-User (USD Thousands), 2022

Table 4: Poland Elevator Average Selling Price, By Speed (USD Thousands), 2022

Table 5: Poland Elevator Average Selling Price, By Weight (USD Thousands), 2022

Table 6: Poland Elevator Average Selling Price, By Height (USD Thousands), 2022

Table 7: Poland Elevator Average Selling Price, By Price Range (USD Thousands), 2022

Table 8: Poland Elevator Average Selling Price, By Region (USD Thousands), 2022

Frequently asked questions

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The market size of the Poland Elevator Market was estimated to be USD 654.67 million in 2022.

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Residential segment dominates the Poland Elevator market by End-User, accounting for a market share of 47.26% in 2022. Increasing urbanization and investments from the government and foreign companies in the real estate and other sectors are playing a major role in driving the residential sector in Poland.

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Major players in Poland Elevator Market are Kone Sp. z o. o, OTIS Poland, Schindler Poland Sp. z o.o, Lift Service SA, and Thyssenkrupp Elevator Sp. z o.o.

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Growing investments in construction projects related to high rise buildings and modernizing the existing elevator system are the major drivers for the Poland Elevator market.

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Srishti Verma

Business Consultant
Press Release

Poland Elevator Market to Register a CAGR of 6.08% during the forecast period 2024-2028

Mar, 2023

Growing investments in construction projects related to high rise buildings and modernizing the existing elevator system are the factors expected to drive market growth during the forecast period.

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