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2025 U.S. Industry Statistics & Market Forecast - Elevator and Moving Stairway Manufacturing
Market Size & Industry Statistics
The total U.S. industry market size for Elevator and Moving Stairway Manufacturing:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2020 2021 2022 2023 2024 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Elevator and Moving Stairway Manufacturing industry include:- Increased urbanization driving demand for vertical transportation solutions
- Adoption of energy-efficient technologies
- Integration of smart technology and IoT for predictive maintenance and remote monitoring
- Stringent safety regulations and compliance standards
- Growth in the construction of high-rise buildings, particularly in Asia-Pacific regions
- Shift towards green building certifications and sustainable practices
- Enhanced focus on accessibility and mobility solutions in public and private buildings
- Innovation in design aesthetics to complement modern architecture
- Adoption of machine room-less (MRL) elevators
- Competitive pressures leading to mergers and acquisitions within the industry
- Rising labor costs and skilled worker shortages impacting manufacturing and installation processes
- Increasing use of advanced materials to improve durability and efficiency
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Elevator and Moving Stairway Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Elevator and Moving Stairway Manufacturing industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Elevator and Moving Stairway Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 7% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Business and Financial Operations Occupations | 6% | |||
| Architecture and Engineering Occupations | 11% | |||
| Engineers | 8% | |||
| Office and Administrative Support Occupations | 9% | |||
| Production Occupations | 50% | |||
| Assemblers and Fabricators | 16% | |||
| Miscellaneous Assemblers and Fabricators | 12% | |||
| Metal Workers and Plastic Workers | 20% | |||
| Machinists | 6% | |||
| Machinists | 6% | |||
| Welding, Soldering, and Brazing Workers | 7% | |||
| Welders, Cutters, Solderers, and Brazers | 6% | |||
| Other Production Occupations | 10% | |||
Elevator and Moving Stairway Manufacturing Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Elevator and Moving Stairway Manufacturing industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Elevator and Moving Stairway Manufacturing industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Elevator and Moving Stairway Manufacturing industry. |
Source:
Latest Industry News
- My Biz: Mortuary Lift Company helps funeral directors make lifts with ease - The Gazette - The Mortuary Lift Company’s John Everett secures cable during assembly of one of the company’s Ultimate 1000 Lifts in its shop and offices in The Cherry Building in southeast Cedar Rapids ... (07/06/2025)
- Household Refrigerators And Freezers Market Is Poised To Reach Valuation Of US$ 147.45 Billion By 2033 Astute Analytica - The household refrigerators and freezers market holds significant growth potential driven by energy-efficient technologies, rising urbanization, prem (07/02/2025)
- How Is a Stair Lift Installed? (2025) | ConsumerAffairs® - Consultation and measurements Getting a professional stairway consultation is the first step to installing a stair lift. “Not every stairway can accommodate a stair lift, or it may require a ... (07/02/2025)
- IFE Elevators Co Ltd (002774) - Investing.com UK - IFE Elevators Co., Ltd. designs, manufactures, installs, and maintains and range of lifts, escalators, and moving walkways in China and internationally. Its products include machine room and roomless passenger, panoramic, high speed freight, hospital and, firefighter elevators, as well as home elevators. The company also offers commercial and public transport escalators; and inclined and ... (06/25/2025)
- Manufacturing plant moving from West Virginia to Ohio, creating new jobs - MSN - Maple Manufacturing, in collaboration with JobsOhio and Ohio Southeast Economic Development (OhioSE), announced its location to Yorkville, Ohio, creating 35 new jobs. Founded in 2017, Maple ... (06/19/2025)
- Almvoy steel fabrication coming to Bloomington in former Otis plant - A Toronto-based firm setting up shop in Bloomington’s former Otis Elevator plant will employ several engineers and 50 to 100 manufacturing workers who will make steel parts for ... (06/16/2025)
- Opinion - There are risks and rewards to moving manufacturing from China to India - AOL - Americans stand to benefit in the long term from diversifying where U.S. companies build their products, moving manufacturing away from China and into India. But this move would not be without ... (06/12/2025)
- What are the different types of stair lifts? - ConsumerAffairs - Straight stair lifts A straight stair lift is a chair device that travels along a fixed rail attached to your staircase steps, not the wall. “Once seated, you buckle up for safety and press a ... (06/11/2025)
- Why Moving iPhone Manufacturing From Asia To US Is Not Easy - His statement came after the Apple CEO's announcement that India will be the primary source of iPhone manufacturing for the US in the June quarter, while China will produce for other markets amid ... (05/17/2025)
- Companies Moving Manufacturing to U.S. Must Be Careful of “Made in USA” Rule and Guidance - Companies have responded by considering their options to increase manufacturing, production and other capabilities in the U.S. But while it may be a popular buzz line, companies must be careful ... (05/16/2025)
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