Shaftless Home Elevator Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Product Type (Hydraulic Shaftless Elevators, Traction Shaftless Elevators, Vacuum Shaftless Elevators), By Application (Residential, Commercial), By End-User (Homeowners, Builders/Contractors), By Technology (Manual Control, Automated Control), By Region, By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 2.57 Billion
CAGR (2026-2031)	9.75%
Fastest Growing Segment	Residential
Largest Market	North America
Market Size (2031)	USD 4.49 Billion

Market Overview

The Global Shaftless Home Elevator Market is projected to grow from USD 2.57 Billion in 2025 to USD 4.49 Billion by 2031 at a 9.75% CAGR. Shaftless home elevators are specialized vertical transportation systems designed to operate without the structural requirements of a traditional hoistway, pit, or machine room, often utilizing through-floor or rail-guided technology to maximize usable residential space. The primary drivers supporting the growth of this market include the escalating demand for aging-in-place solutions among the geriatric population and the architectural necessity for compact accessibility features in high-density urban housing. These fundamental drivers are distinct from evolving market trends such as the integration of smart home connectivity or customized luxury aesthetics, as they address the core functional need for mobility within multi-story residences where structural modifications for standard elevators are unfeasible.

Despite the clear demand, the market faces obstacles related to stringent safety regulations and the complexity of retrofitting assessments. According to the China Elevator Association, in 2024, the vertical transportation industry delivered 1.04 million units, with the residential and home elevator segment identified as a critical area of resilience that mitigated a broader production decline. However, navigating the varied and rigorous safety codes across different international jurisdictions remains a significant challenge that could impede rapid market expansion by increasing compliance costs and delaying installation timelines for manufacturers and homeowners.

Key Market Drivers

Escalating global demand for aging-in-place accessibility solutions serves as the primary catalyst for the shaftless home elevator market, as the geriatric population increasingly prioritizes mobility within their existing residences. These systems are engineered to bypass the structural complexities of traditional elevators, making them an ideal choice for seniors seeking to maintain independence without relocating. According to Savaria Corporation, August 2024, in the '2024 Q2 Results,' revenue for the Accessibility segment increased by 15.1% to CAD 173.4 million, reflecting the surging financial momentum driven by homeowners investing in personal mobility aids. This trend highlights a fundamental shift where functional safety in multi-story living environments is becoming a non-negotiable aspect of long-term property ownership.

Adoption of space-efficient and retrofit-compatible designs further accelerates market growth, addressing the architectural constraints of high-density urban housing where square footage is limited. Shaftless models utilize through-floor technology that requires minimal footprint, enabling seamless integration into established floor plans during renovations. This demand for upgrading existing properties is evident in industrial activity; according to Otis Worldwide Corporation, January 2025, in the 'Fourth Quarter and Full Year 2024 Results,' modernization orders increased by 18%, underscoring the robust market appetite for retrofitting vertical transportation into existing structures. This activity is supported by a positive remodeling climate; according to the National Association of Home Builders, January 2025, in the 'NAHB/Westlake Royal Remodeling Market Index,' the sentiment reading for current market conditions remained strong at 75, indicating sustained homeowner investment in residential modifications.

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Key Market Challenges

The stringent enforcement of safety regulations and the complexity of retrofitting assessments pose a direct impediment to the growth of the Global Shaftless Home Elevator Market. Manufacturers are compelled to navigate a fragmented regulatory landscape, adhering to diverse international codes such as ASME A17.1 in North America and EN 81-41 in Europe. This necessity for region-specific compliance forces companies to invest heavily in modifying product designs and conducting site-specific structural evaluations, which significantly increases production costs and extends lead times. The rigorous nature of these safety standards creates a high barrier to entry, often making the installation of shaftless systems in existing residences economically unviable for potential customers due to the associated compliance expenses.

This challenge is further intensified within the retrofit sector, where integrating modern vertical transportation into aging infrastructure requires navigating intricate safety protocols. According to the European Lift Association, in 2025, over 50% of the elevator stock in the European Union was reported to be more than 20 years old. This prevalence of aging equipment has driven regulators to enforce tighter safety inspections and modernization mandates that indirectly impact new installations, as authorities apply similarly strict scrutiny to residential projects to ensure structural compatibility. Consequently, the time and capital required to secure regulatory approval for retrofitting shaftless elevators into older homes stifle rapid market adoption.

Key Market Trends

The Integration of IoT and Smart Home Automation Ecosystems is fundamentally reshaping the Global Shaftless Home Elevator Market, shifting the product focus from simple vertical mobility to connected, intelligent accessibility. This trend is characterized by the incorporation of cloud-based diagnostics and remote monitoring capabilities, which allow for real-time performance tracking and predictive maintenance. By analyzing usage patterns and component health, these systems can preemptively identify faults, significantly enhancing reliability and user safety in residential settings. The efficacy of this technological shift is evident in industrial applications; according to Amazon Web Services, in the 'KONE Case Study: 2024', the implementation of IoT connectivity across KONE’s equipment base facilitated a 40% reduction in customer-reported issues, a standard of efficiency that is increasingly being demanded by homeowners for their personal elevators.

Simultaneously, the Rising Adoption of Pneumatic Vacuum Elevator Technology is driving market expansion by offering a sustainable, space-saving alternative to traditional drive systems. These air-driven units eliminate the need for pits, hoistways, and machine rooms, utilizing air pressure physics to transport passengers within a transparent, panoramic tube. This technology appeals directly to the retrofit market due to its rapid installation and minimal structural impact, while also aligning with modern aesthetic preferences for open, glass-enclosed designs. The commercial scalability of this segment is robust; according to Nibav Lifts, January 2025, in the 'AGM 2024' release, the company reported expanding its operations to 12 countries and 80 experience centers, underscoring the surging global appetite for these plug-and-play, shaftless mobility solutions.

Segmental Insights

The Residential segment stands out as the fastest-growing category within the Global Shaftless Home Elevator Market. This accelerated expansion is largely driven by the rising global trend of aging in place, compelling homeowners to integrate accessibility solutions into existing private properties. Unlike traditional lifts, shaftless models require minimal structural alterations and eliminate the need for deep pits or machine rooms, making them highly suitable for retrofitting older homes with limited space. Additionally, increasing urbanization and the construction of vertical multi-story residences further stimulate demand, as families seek practical, space-efficient mobility options to enhance long-term living standards.

Regional Insights

North America leads the Global Shaftless Home Elevator Market, primarily driven by the rising demand for accessibility solutions among an aging population committed to aging in place. This regional dominance is supported by a rigorous safety framework, including standards established by the American Society of Mechanical Engineers (ASME), which ensures reliable installation and fosters consumer confidence. Furthermore, the prevalence of multi-story luxury residences in the United States and Canada creates a strong foundation for adoption. This combination of favorable demographics, strict regulatory compliance, and high disposable income firmly positions North America as the industry frontrunner.

Recent Developments

• In October 2025, Stiltz Lifts announced that it had surpassed the milestone of 10,000 home elevators sold in the United States market. The company attributed this achievement to the rising demand for aging-in-place solutions and the specific appeal of its shaftless, freestanding design which requires minimal structural work. The announcement highlighted the sustained success of its Duo and Trio models, which utilize a dual-rail system to move through the floor without a hoistway. This sales record underscores the growing consumer shift towards compact, retrofittable residential elevators as a preferred method for improving home accessibility.
• In September 2024, Harmar Mobility completed the acquisition of Pollock Lifts, a United Kingdom-based manufacturer known for its innovative through-floor residential elevators. This collaboration integrates Pollock’s specialized shaftless lift technology, which travels on self-supporting rails, into Harmar’s extensive product portfolio. The deal was designed to enhance Harmar's offerings in the home accessibility market by providing a versatile, space-efficient alternative to traditional stairlifts. Management from both companies emphasized that the partnership would facilitate the distribution of Pollock’s unique elevator designs to a broader customer base in the United States and internationally.
• In August 2024, Cibes Lift Group expanded its North American presence by acquiring HomeLift LLC, a prominent lift distributor based in Nashville, Tennessee. This strategic move was intended to strengthen the Swedish manufacturer's distribution network for residential vertical platform lifts in the United States. HomeLift LLC, which has served the region since 1986, provides a range of accessibility solutions that compete directly in the space-saving home elevator market. The acquisition allows Cibes to leverage an established local workforce and customer base to accelerate the adoption of its modular, low-impact lift solutions across the region.
• In June 2024, Nibav Lifts launched its advanced Series 4 and Series 4 Max home elevators at a global event in Chennai. The new product line features proprietary pneumatic technology that eliminates the need for a pit or machine room, reinforcing the company's position in the shaftless elevator sector. Key innovations in the Series 4 include a Rapid Rescue Latch for emergency passenger extraction and LiDAR 2.0 sensors for enhanced navigational precision. The company also introduced a "Midnight Edition" aesthetic package, designed to offer a sophisticated visual option for modern residential interiors while maintaining the compact footprint typical of air-driven lifts.

Key Market Players

• Savaria Corporation
• Terry Group Ltd
• Thyssenkrupp AG
• Stiltz Limited
• Pneumatic Vacuum Elevators LLC
• Schindler Group
• KONE Corporation
• Aritco Lift AB
• National Elevator Industry Inc.
• Arrow Lift & Mobility LLC

By Product Type	By Application	By End-User	By Technology	By Region
Hydraulic Shaftless Elevators Traction Shaftless Elevators Vacuum Shaftless Elevators	Residential Commercial	Homeowners Builders/Contractors	Manual Control Automated Control	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

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

• Shaftless Home Elevator Market, By Product Type:

• Hydraulic Shaftless Elevators
• Traction Shaftless Elevators
• Vacuum Shaftless Elevators

• Shaftless Home Elevator Market, By Application:

• Residential
• Commercial

• Shaftless Home Elevator Market, By End-User:

• Homeowners
• Builders/Contractors

• Shaftless Home Elevator Market, By Technology:

• Manual Control
• Automated Control

• Shaftless Home Elevator Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE