Kone Marine

Name

Kone Marine

Legal name

KONE Corporation (KONE Oyj)

Website

https://kone-marine.com

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Marine Elevators and Escalators

NAICS

Support Activities for Water Transportation (4883)

SIC

Ship & Boat Building & Repairing (3730), Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Integrated Marine Electrical Systems & Switchboards (IMAJAJAA)

akta.pro secondary industry

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists) (IMAJAIAB)

Keywords

• Marine elevators
• Ship escalators
• People flow solutions
• Marine dumbwaiters
• Modernization services

Headquarters

HQ city

Davie

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Equipment Sales: Sale of marine elevators and escalators as OEM supplier for new vessel construction including cruise ships, ferries, and cargo vessels. Includes passenger elevators, scenic elevators, service elevators, and dumbwaiters.
2. Service and Maintenance Contracts: Predictive, digitally enabled maintenance services with 24/7 global support in 120+ ports, annual safety inspections, and flexible service contracts including inspections, repairs, remote assistance, and emergency callouts.
3. Spare Parts: Global delivery of genuine marine elevator and escalator spare parts through distribution centers covering major ports. Parts also compatible with non-KONE marine equipment.
4. Modernization Solutions: Modular upgrades for aging equipment improving safety, performance, and aesthetics with minimal disruption. Covers single component replacements to complete system upgrades for all brands.
5. People and Material Flow Services: End-to-end flow services including traffic simulations, destination control, real-time monitoring, gangway solutions, and shipyard logistics optimization through KONE SiteFlow.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

KONE Marine is the marine-dedicated business unit of KONE Corporation, designing, manufacturing, installing, and servicing elevators, escalators, and dumbwaiters for cruise ships, ferries, and cargo vessels. The unit supplies purpose-built marine-grade people flow solutions to shipyards, shipowners, and naval architects worldwide, complemented by predictive maintenance, spare parts, and modernization services.

Product overview

KONE Marine is a business unit of KONE delivering marine elevators, escalators, and people flow solutions for cruise ships, ferries, and cargo vessels. The product portfolio centers on KONE's proprietary elevator platforms — the KONE MONOSPACE® 700 DX MARINE (machine-room-less), KONE MINISPACE™ DX MARINE (compact machine room), and KONE TRANSYS™ DX MARINE (heavy-duty freight/passenger) — all powered by KONE EcoDisc® gearless motor technology. The escalator range includes the KONE TravelMaster™ 110. These core products are complemented by digital solutions (KONE Digital Experience Elevators with Digital Experience Car, KONE Aurora Car, and Mirror Display Car variants; KONE Destination Control System with Hybrid and Advanced options; KONE InfoScreen), monitoring platforms (KONE E-Link™ for real-time equipment monitoring), and planning tools (KONE Car Designer, KONE Escalator Planner, KONE SiteFlow™ for shipyard logistics). Service offerings include KONE Care™ preventive maintenance, spare parts logistics, and modernization solutions. Dumbwaiters round out the vertical transport portfolio. The architecture is a platform-plus-modules approach where core elevator/escalator hardware is enhanced by proprietary digital overlays and lifecycle services.

Differentiator

Problem solved

Functional benefit

Brands

• KONE MonoSpace® 700 DX Marine: Machine-room-less marine elevator with single shaft design, maximizing passenger and cargo space while reducing vessel weight and installation costs. Max travel 55m/24 decks, max speed 1.6 m/s, max load 2,000 kg/26 persons.
• KONE Minispace™ DX Marine
• KONE Transys™ DX Marine
• KONE TravelMaster™ 110 Marine
• KONE EcoDisc®
• KONE E-Link™
• KONE SiteFlow™
• KONE Destination Control System (DCS)
• KONE Care™
• KONE Digital Experience Elevators
• KONE InfoScreen

Products and services

• KONE MonoSpace 700 DX Marine Elevator

Quantifiable outcome

• 50% of cruise ships worldwide use KONE Marine solutions
• +2 more outcomes

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hyundai Elevator: Hyundai Elevator is a Korean OEM with marine and offshore elevator offerings that competes with KONE Marine for newbuild orders at Korean and Chinese shipyards, leveraging proximity to major Asian cruise and ferry builders.
• Mitsubishi Electric: Mitsubishi Electric's elevator and escalator division serves marine and offshore applications, competing with KONE Marine in Asian shipyards and offering comparable high-speed passenger elevator platforms.
• Hitachi Elevator: Hitachi manufactures elevators and escalators for marine applications and competes with KONE Marine in the cruise, ferry, and offshore segments with a strong presence in Asian shipbuilding markets.
• Fujitec: Fujitec is a Japanese elevator OEM with marine product lines that competes with KONE Marine on cruise ships and ferries built in Asian yards, offering machine-room-less designs similar to KONE's MonoSpace platform.
• Otis Worldwide: Otis is the world's largest elevator and escalator manufacturer and competes directly with KONE Marine for newbuild and service contracts on cruise ships, ferries, and offshore vessels using its SkyRise and GeN2 platforms.
• Schindler Group: Schindler is a global elevator OEM with marine-grade product lines and a service network that competes head-to-head with KONE Marine on cruise and ferry newbuild specifications and lifecycle service.
• TK Elevator: TK Elevator (formerly ThyssenKrupp Elevator) supplies marine elevators and escalators globally and competes with KONE Marine for cruise ship and offshore vessel contracts with comparable OEM and service capabilities.

Emerging players

• C.J. Anderson & Company: C.J. Anderson is a U.S.-based specialty elevator and escalator firm with marine and offshore vessel installations, competing with KONE Marine for specialized shipboard vertical transport contracts and modernization work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kone-marine

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Kone Marine