What Schindler Lifts (Singapore) Pte Ltd does

Schindler Lifts (Singapore) Pte Ltd is the Singapore operating subsidiary of Swiss elevator and escalator manufacturer Schindler Holding Ltd. (SIX: SHZN), established in 1975 as a joint venture with Hong Kong-based Jardine Matheson to market and service Schindler products across Asia Pacific. The company provides a full lifecycle of vertical transportation services — new equipment sales, installation, modernization, and ongoing maintenance — covering passenger elevators (Schindler 3000, 5000, 6000, 7000), freight elevators (Schindler 2600), escalators (Schindler 9300, 9700), and moving walks (Schindler 9500 series) across residential, commercial, retail, transport, healthcare, and institutional segments in Singapore. It employs approximately 480 people and operates from its headquarters at 1 Kaki Bukit View, Singapore, with marquee reference projects including Jewel Changi Airport (178 elevator/escalator/moving walk units serving 82 million annual visitors) and Shaw Tower.

The technology stack centers on a connected-equipment platform anchored by PORT Technology (destination dispatch and access control), Schindler Ahead (IoT remote monitoring backed by 27 global Technical Operation Centers), and the BuilT-In building integration platform with an external API enabling integration with facial recognition, QR access, and robot services. Differentiation is reinforced by proprietary construction innovations including Schindler R.I.S.E (autonomous robotic elevator installation system, of which only five units exist globally) and Schindler CLIMB Lift (self-climbing construction elevator), as well as BIM-based digital engineering. The maintenance franchise extends beyond Schindler-installed equipment, with approximately 45% of the global maintenance portfolio covering non-Schindler (multi-brand) units, signaling independent service capability.

The revenue model combines one-time new equipment sales with recurring maintenance contracts (extended through predictive monitoring), professional services for modernization (ReStore, ReNew, RePlace), subscription digital services (ActionBoard, RemoteMonitoring, ElevateMe), and digital-media/advertising revenue (MediaScreen, SmartMirror, AdScreen). Go-to-market is direct enterprise field sales targeting developers, contractors, property managers, and facility owners in Singapore, leveraging the regional Jardine Schindler distribution network across Hong Kong, Indonesia, Malaysia, Myanmar, Philippines, Thailand, and Vietnam.

Name

Schindler Lifts (Singapore) Pte Ltd

Legal name

Schindler Lifts (Singapore) Pte. Ltd.

Website

https://schindler.sg

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Schindler Lifts (Singapore) Pte Ltd is the Singapore subsidiary of Swiss elevator manufacturer Schindler Group, operating as a Jardine Matheson joint venture. It designs, installs, modernizes, and services elevators, escalators, and moving walks across residential, commercial, transport, and institutional buildings in Singapore.

Ownership category

akta.pro rank

Product category

Vertical Transportation Equipment

NAICS

Elevator and Moving Stairway Manufacturing (333921)

akta.pro primary industry

Dumbwaiter & Material Lift Service & Maintenance (BPABAIAJ)

Keywords

• Elevator manufacturing
• Escalator installation
• Vertical transportation
• Elevator maintenance services
• Elevator modernization

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. New Equipment Sales: Sales, installation of new Schindler elevators, escalators, and moving walks for residential, commercial, and public transit buildings. Includes passenger elevators (Schindler 3000, 5000, 6000, 7000), freight elevators (Schindler 2600), escalators (Schindler 9300, 9700), and moving walks (Schindler 9500 series).
2. Maintenance Services: Ongoing maintenance contracts for elevators, escalators, and moving walks. Includes preventive maintenance, remote monitoring via Technical Operation Centers, and 24/7 support. Extended to multi-brand equipment (approximately 45% of global maintenance portfolio).
3. Modernization and Upgrades: Elevator modernization solutions including ReStore (component upgrades), ReNew (controller/inverter/fixtures upgrade), and RePlace (full replacement) services to extend equipment lifecycle and improve performance.
4. Digital Services: Connected equipment services including Schindler Ahead RemoteMonitoring, ActionBoard dashboard, and ElevateMe mobile application providing real-time equipment health insights and performance analytics.
5. Digital Media Services: Advertising and infotainment solutions through MediaScreen, SmartMirror, and AdScreen that turn elevators into communication platforms.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Schindler Lifts (Singapore) Pte. Ltd. designs, sells, installs, modernizes, and maintains elevators, escalators, moving walks, and related digital mobility solutions for Singapore's residential, commercial, transport, healthcare, hospitality, and institutional buildings. The company also delivers connected digital services (Schindler Ahead RemoteMonitoring, ActionBoard), destination dispatch (PORT Technology), building integration (BuilT-In), and sanitization solutions (CleanMobility) across the full equipment lifecycle.

Product overview

Schindler Lifts (Singapore) Pte Ltd is a comprehensive vertical transportation company offering a full portfolio of elevators, escalators, and moving walks along with related services. The elevator portfolio includes passenger elevators (Schindler 3000, 5000, 6000, 7000) for various building types from residential to high-rise commercial, and freight elevators (Schindler 2600). The company provides modernization solutions including ReStore, ReNew, and RePlace packages. Smart building integration is enabled through PORT Technology destination control system and BuilT-In platform supporting facial recognition, QR access, and robot services. Digital services include Schindler Ahead RemoteMonitoring, ActionBoard, and ElevateMe mobile app. Sanitization and safety solutions include CleanCall, CleanCover, kNOw Touch, UV CleanAir, UV CleanCar, and CleanSpace under CleanMobility. Escalator offerings include Schindler 9300 and 9700 models, while moving walks include Schindler 9500AE inclined and 9500 horizontal. Construction innovations include Schindler R.I.S.E robotic installation system and Schindler CLIMB Lift self-climbing system. Digital engineering is supported through BIM integration. The company operates across multiple segments including residential, office, hotel, retail, transport, healthcare, institutional, and mixed-use buildings.

Differentiator

Problem solved

Functional benefit

Products and services

• Schindler 3000 Passenger Elevator
• Schindler 5000 / Schindler 5000MR Passenger Elevator
• Schindler 6000 Passenger Elevator
• Schindler 7000 Passenger Elevator
• Schindler 2600 Freight Elevator
• ReStore Modernization Solution
• ReNew Modernization Solution
• RePlace Modernization Solution
• PORT Technology Destination Control System
• Schindler 9300 Escalator
• Schindler 9700 Escalator
• Schindler 9500AE Inclined Moving Walk
• Schindler 9500 Horizontal Moving Walk
• Schindler Ahead RemoteMonitoring
• Schindler Ahead ActionBoard
• ElevateMe Mobile Application
• Schindler Ahead MediaScreen
• Schindler Ahead SmartMirror
• Schindler Ahead AdScreen
• Schindler R.I.S.E Robotic Installation System World's first fully autonomous self-climbing robotic installation system for elevators, capable of operating around the clock, scanning for obstacles, drilling holes, and installing anchor bolts with precision in lift shafts up to 500 meters.
• Schindler CLIMB Lift Certified self-climbing system designed to expand within a building during construction, providing faster, safer, and more reliable transportation for people and materials; becomes an integral permanent elevator system upon construction completion.
• Schindler MetaCore Innovative building repurposing system enabling simple and sustainable conversion of buildings.
• Elevator and Escalator Maintenance Services Recurring preventive maintenance, repair, and 24/7 support contracts for elevators, escalators, and moving walks, including multi-brand equipment and remote monitoring via Technical Operation Centers.

Quantifiable outcome

• Connected units can reduce callbacks by up to 37% compared to non-connected units
• +3 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature10 records

Partnerships

Two partnerships are on record, tiered core.

• Jardine MathesoncoreStrategic or Co-development Partner · 1 January 1974Joint venture established in 1974 between Jardine Matheson of Hong Kong and Schindler Holding of Switzerland to market Schindler lifts and escalators in the Asia Pacific region and provide after-sales maintenance services. Jardine Matheson brings extensive Asian trading and distribution expertise.
• Schindler GroupcoreOthersSwiss parent company providing manufacturing expertise, global brand, technology portfolio including PORT Technology, Schindler Ahead, R.I.S.E, and comprehensive elevator/escalator product range. Schindler Lifts Singapore operates as a subsidiary of the Schindler Group.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Canny Elevator: China-based elevator manufacturer with growing international presence in Southeast Asia. Competes on lower-cost residential installations and selective commercial projects, primarily as a price challenger.
• Sigma Elevator: Regional elevator manufacturer focused on cost-competitive mid-rise residential and commercial segments in Southeast Asia. Competes with Schindler primarily on price-sensitive new installations and as an indirect maintenance competitor.

Direct peers

• Hyundai Elevator: Korean elevator manufacturer with growing Southeast Asia presence and Singapore projects. Competes primarily on cost-competitive residential and mid-rise commercial installations.
• Mitsubishi Electric (Singapore) Elevator: Mitsubishi Electric is a major elevator manufacturer with active Singapore presence across high-rise residential, commercial, and transit projects. Competes directly with Schindler 7000 in the premium high-rise segment and supplies destination dispatch systems.
• Toshiba Elevator and Building Systems: Toshiba manufactures and services elevators and escalators with established Asia-Pacific operations. Direct competitor on premium high-rise and infrastructure projects, including destination dispatch offerings.
• Fujitec Singapore: Fujitec is a Japanese elevator manufacturer with an active Singapore subsidiary competing across mid-rise residential, commercial, and public infrastructure segments. Direct peer on both new equipment and service contracts.
• KONE Singapore: Direct global competitor in the Singapore elevator, escalator, and maintenance market. KONE competes head-to-head with Schindler on new equipment installations, modernization, and maintenance contracts across commercial, residential, and infrastructure projects in Singapore.
• Thyssenkrupp Elevator Singapore: Thyssenkrupp Elevator (now TK Elevator) operates in Singapore with a focus on high-rise and premium commercial projects, including the MULTI ropeless elevator concept. Direct competitor on new installations and modernization.
• Hitachi Elevator Singapore: Hitachi manufactures and services elevators and escalators across Asia with established Singapore operations. Direct competitor on new installations and modernization, particularly in residential and commercial segments.
• Otis Singapore: Otis is the world's largest elevator company and operates a dedicated Singapore subsidiary with comparable product portfolio (Gen2, SkyRise) and Connected Service offering. Direct competitor on landmark projects and maintenance renewals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/JardineSchindler
• LinkedInlinkedin.com/company/schindler-lifts-singapore-pte-ltd
• Instagraminstagram.com/jardineschindlergroup

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Schindler Lifts (Singapore) Pte Ltd