Schindler Group
- Company typePublic
- Founded1874
- HeadquartersEbikon, Switzerland
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Schindler Group firmographics
Firmographics- Name
- Schindler Group
- Legal name
- Schindler Elevator Corporation
- Website
- https://schindler.com
- Company type
- Public
- Founded year
- 1874
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Schindler Group industry classification
Industry- Product category
- Elevator and Escalator Manufacturing
- NAICS
- Elevator and Moving Stairway Manufacturing (333921)
- SIC
- General Industrial Machinery & Equipment, Nec (3569), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Elevator, Escalator & Lift Maintenance (IMAIABAF)
Keywords
Where Schindler Group is headquartered
LocationHeadquarters
- HQ city
- Ebikon
- HQ country
- Switzerland
- HQ region
- Europe
Offices5 records
Markets served
Schindler Group business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- New Equipment Sales: Sale of elevators, escalators, and moving walkways for new construction projects. Revenue recognized upon installation and completion. This includes passenger elevators (Schindler 3100, 3300, 5000, 5500, 7000), freight elevators, escalators (Schindler 9300, 9700), and moving walks (Schindler 9500).
- Maintenance and Service: Ongoing maintenance contracts for installed equipment portfolio. Includes preventive maintenance, repairs, and emergency service. Digital services through Schindler Ahead platform enable remote monitoring and predictive maintenance capabilities.
- Modernization: Modernization services for existing elevator and escalator installations. Schindler ReStore, ReNew, and RePlace solutions address aging infrastructure. Q1 2026 showed 15.3% revenue increase from modernization in local currency, demonstrating strong growth in this segment.
- Large Infrastructure Projects: Comprehensive solutions for major infrastructure projects including metro systems, airports, and large mixed-use developments. Includes design, installation, and long-term service commitments for projects such as Wushan Goddess Escalator (China), Bogotá Metro, and Surrey Langley SkyTrain.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise equipment and service pricing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Schindler Group product offering
Product offeringCore offering
Schindler Group manufactures, sells, and installs elevators, escalators, and moving walkways for commercial, residential, and infrastructure buildings. The company also delivers maintenance, modernization, and digital services across the full equipment lifecycle, supported by proprietary technologies such as the Schindler PORT destination control system, Schindler Ahead IoT platform, and R.I.S.E robotic installation system.
Product overview
Schindler Group is a Swiss multinational company specializing in elevators, escalators, and smart urban mobility solutions, operating since 1874. The company offers a comprehensive vertical transportation portfolio organized around three core product lines: passenger elevators (including the Schindler 3100, 3300, 330A, 5000, 5500, 7000, and revolutionary X8 models), escalators (Schindler 9300 and 9700), and moving walkways (Schindler 9500). These core products are complemented by proprietary technology platforms including Schindler PORT (AI-powered destination control system), Schindler Ahead (IoT cloud connectivity platform), and the R.I.S.E robotic installation system. Schindler also provides extensive modernization solutions (ReStore, ReNew, RePlace, INTRUSS), digital services (ElevateMe touchless app, ActionBoard portfolio management, SafeCall emergency systems, Visual Communication System, MediaScreen), and planning tools (Schindler Plan). The company operates in over 100 countries with more than 67,000 employees and moves over 2 billion people daily.
Differentiator
Problem solved
Functional benefit
Brands
- Schindler PORT: Destination control system that optimizes traffic flow, alleviates congestion, and reduces elevator wait times while offering personalized building access control.
- Schindler Ahead
- Schindler 3100
- Schindler 3300
- Schindler 5000
- Schindler 5500
- Schindler 7000
- Schindler 9300
- Schindler 9700
- Schindler ReStore
- Schindler ReNew
- Schindler myPORT
- Schindler X8
- Schindler INTRUSS
- Schindler MetaCore
Products and services
- Schindler 3100 Elevator Machine-room-less traction elevator designed as a cost-effective solution for two- to three-story low-rise residential and commercial buildings.
- Schindler 3300 Elevator Low- to mid-rise MRL traction elevator serving as an efficient alternative to hydraulic elevators for low-rise buildings.
- Schindler 330A Elevator Holeless hydraulic elevator offering an efficient space-saving solution for a wide range of low-rise applications.
- Schindler 5000 Elevator Machine-room-less elevator for low- to mid-rise buildings, suitable for offices, hotels, hospitals, and apartment complexes, with regenerative drive and IoT connectivity.
- Schindler 5500 Elevator High-performance gearless traction MRL elevator for mid-rise buildings, with glass and bare car options for architectural flexibility.
- Schindler 7000 Elevator High-rise traction elevator for tall commercial and residential buildings providing efficient mobility solutions.
- Schindler X8 Elevator Revolutionary elevator that eliminates the need for traditional pit, headroom, and concrete structural shaft requirements, offering architects greater creative freedom in building design.
- Schindler 9300 Escalator State-of-the-art escalator with enhanced safety features, energy efficiency, and space savings for moderate-traffic commercial and public spaces.
- Schindler 9700 Escalator Heavy-duty escalator designed for large public spaces with high-traffic demands such as airports, subways, and railroad stations.
- Schindler 9500 Moving Walk Horizontal and inclined moving walkways combining comfort with safe, fast transportation for retail and public transit applications up to 328 feet.
- Schindler Ahead Digital Platform IoT cloud-based digital building solution connecting elevators, escalators, and moving walks for real-time monitoring, predictive maintenance, and diagnostics.
- Schindler ReStore Modernization Modernization solution that replaces critical electrical components to upgrade efficiency and performance of existing elevators, particularly aging hydraulic elevators.
- Schindler ReNew Modernization Comprehensive elevator modernization solution including new controller, inverter, fixtures, and machine upgrade for smoother ride experience.
- Schindler RePlace Modernization Full elevator replacement modernization solution for buildings requiring complete equipment overhaul.
- Schindler INTRUSS Escalator Modernization Escalator modernization solution using the existing truss to bring old escalators to better-than-new condition, reducing waste and installation time.
- Schindler Maintenance and Service Contracts Ongoing preventive maintenance, repair, and emergency service contracts for installed elevator, escalator, and moving walk portfolios, with digital monitoring via Schindler Ahead.
- Schindler PORT Destination Control System AI-powered destination control system that optimizes traffic flow, alleviates congestion, and reduces elevator wait times while offering personalized service and building access control.
Quantifiable outcome
- R.I.S.E system cuts elevator shaft preparation and installation time by up to 40%
- +4 more outcomes
Companies that use Schindler Group
Customer profileNamed customers13 records
Segments8 records
Ideal customer profiles4 records
Schindler Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature6 records
Schindler Group partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core.
- NavancoreSchindler selected Navan's AI-powered business travel and expense management platform to modernize its global travel program. Deployment consolidates previously fragmented travel operations across North America and Europe, initially covering Canada, US, France, Portugal, Spain, Switzerland, and UK. Schindler anticipates achieving 11% cost reduction and 95% employee adoption rate with centralized booking tool.
- Wushan County GovernmentcoreSchindler partnered with Wushan County government to build the world's longest outdoor escalator system ('Goddess Escalator') in Chongqing, China. The 3,000-foot system with 21 escalators and 8 elevators connects town center to scenic mountain viewpoint, reducing travel time from 3+ hours to 25 minutes. $23 million project took 4 years to construct.
- Talaat Moustafa Group (TMG)coreCollaboration with AOI and TMG for Egypt's elevator localization program. Arab-Swiss Elevator Company in Madinaty manufactures, assembles, and tests elevator components for real estate and housing projects, supporting full local manufacturing and technology transfer.
- Arab Organisation for Industrialisation (AOI)coreEgypt's state-owned Arab Organisation for Industrialisation partnering with Schindler and TMG for elevator localization. Engineering studies conducted at AOI-affiliated Kader Factory for Developed Industries; supports full local manufacturing and technology transfer.
- Umm Al Qura for Development & ConstructioncoreSchindler expanding partnership with Umm Al Qura for Development & Construction (headquartered in Jeddah) for Mecca Masar city development. Schindler supplying 150 elevators and escalators, marking first use of R.I.S.E autonomous installation technology in Saudi Arabia.
- AccorcoreSchindler and Accor entered a new service agreement in Asia, strengthening their relationship in the hospitality sector. The collaboration enables Schindler to provide vertical mobility solutions for Accor properties across Asia.
- Bogotá MetrocoreSchindler selected as sole provider of all elevators and escalators for the first line of Bogotá's new elevated railway system in Colombia.
- TransLink (Surrey Langley SkyTrain)coreSchindler awarded contract to provide 20 elevators and 40 escalators across eight new stations for Surrey Langley SkyTrain - Metro Vancouver's transportation network expansion in British Columbia, Canada.
- The Avenues (Riyadh)coreSchindler Olayan providing 293 elevators, escalators, and moving walks for The Avenues Riyadh project - a 1.8 million square meter multi-purpose development in Saudi Arabia. One of the largest single orders in Schindler's history.
Scale indicators12 records
Recent moves8 records
Expansion highlights5 records
Schindler Group competitors and assessment
Company assessmentDirect peers
- KONE Corporation: Finland-based global elevator and escalator company ranked #2 worldwide. KONE competes head-to-head with Schindler across new installations, maintenance, and modernization, particularly in Europe and Asia-Pacific, and is the named party in the potential KONE–TKE merger that Schindler publicly opposes.
- Hyundai Elevator Co., Ltd. South Korea-based elevator and escalator manufacturer with strong domestic share and growing international presence. Comparable to Schindler in product range (passenger/freight elevators, escalators, modernization) and competes most directly in Asia-Pacific infrastructure projects.
- Mitsubishi Electric Corporation: Japan-headquartered conglomerate whose elevator/escalator division is a top-5 global player. Mitsubishi Electric competes with Schindler especially in Asia-Pacific high-rise and infrastructure projects and is named alongside Schindler among the global Top 5 elevator companies.
- Hitachi Ltd. Japan-headquartered industrial group whose building systems division manufactures and services elevators and escalators. Hitachi competes with Schindler globally and is included in the Top 5 elevator and escalator peer set.
- Fujitec Co., Ltd. Japan-based global elevator and escalator manufacturer focused on new equipment, modernization, and maintenance. Smaller than Schindler but with overlapping product portfolios, particularly in Asia, the Middle East, and the Americas.
- TK Elevator (thyssenkrupp Elevator): Germany-based elevator and escalator company (formerly thyssenkrupp Elevator Technology), one of the top four global players. TKE directly competes with Schindler across the full product and service stack and is the other named party in the contested KONE–TKE consolidation.
- Otis Worldwide Corporation: The world's largest elevator and escalator manufacturer and service provider, headquartered in the US. Otis is Schindler's most direct global competitor across new equipment, maintenance, and modernization, and is currently acquiring Schindler's Korea and Taiwan operations.
Emerging players
- Canny Elevator Co., Ltd. China-based elevator manufacturer with significant domestic share and growing international footprint in emerging markets. Canny is an emerging player rather than a direct global peer, but overlaps with Schindler in mid-rise commercial/residential elevator segments.
Broad incumbents
- thyssenkrupp AG: German industrial conglomerate that was the parent of TK Elevator until TKE's separation. Comparable as a broader incumbent in industrial equipment and infrastructure, with elevator/escalator being the most directly overlapping line of business with Schindler.
Regional players
- Sigma Elevator: Turkey-based elevator manufacturer focused on regional markets in the Middle East, CIS, and Africa. Sigma is comparable to Schindler in product offering (passenger/freight elevators, escalators) but operates in geographies where Schindler has historically had lighter direct presence.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
Schindler Group social profiles
Digital presenceSchindler Group compliance and trust
Trust signalCompliance8 records
Schindler Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Schindler Group leadership team
Management profileNumber of profiles
Profiles10 records
Schindler Group subsidiaries and ownership
Company hierarchySubsidiaries8 records
Schindler Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Schindler Group M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Schindler Group
What does Schindler Group do?
Schindler Group manufactures, sells, and installs elevators, escalators, and moving walkways for commercial, residential, and infrastructure buildings. The company also delivers maintenance, modernization, and digital services across the full equipment lifecycle, supported by proprietary technologies such as the Schindler PORT destination control system, Schindler Ahead IoT platform, and R.I.S.E robotic installation system.
Is Schindler Group a public or private company?
Schindler Group is a public company. It is classified as public and is currently operating.
When was Schindler Group founded?
Schindler Group was founded in 1874. It employs 5,001 to 10,000 people.
Where is Schindler Group based?
Schindler Group is headquartered in Ebikon, Switzerland, in the Europe region.
How does Schindler Group make money?
Four revenue lines are on record. New Equipment Sales are the primary driver. The others are maintenance and Service, modernization and large Infrastructure Projects.
Who are Schindler Group's main competitors?
Direct peers on record are KONE Corporation, Hyundai Elevator Co., Ltd., Mitsubishi Electric Corporation, Hitachi Ltd., Fujitec Co., Ltd., TK Elevator (thyssenkrupp Elevator) and Otis Worldwide Corporation. Canny Elevator Co., Ltd. is listed as an emerging player. thyssenkrupp AG is listed as a broad incumbent. Sigma Elevator is listed as a regional player.
Does Schindler Group have an API?
No public API is recorded for Schindler Group.
What industry is Schindler Group in?
Schindler Group's product category is Elevator and Escalator Manufacturing. Its primary akta.pro industry code is IMAIABAF, Elevator, Escalator & Lift Maintenance. Its NAICS code is 333921 and its SIC code is 3569.