Schindler Group is a global leader in vertical transportation solutions, specializing in the manufacturing, installation, maintenance, and modernization of elevators, escalators, and moving walkways. Founded in 1874 by Robert Schindler and Eduard Villiger, this Swiss company is headquartered in Ebikon, Canton of Lucerne, Switzerland, and operates in over 100 countries worldwide, including Miami.

With a commitment to engineering vertical mobility that makes urban spaces more comfortable, inclusive, and sustainable, Schindler Group employs over 70,400 people globally. The company’s forward-thinking approach combines innovation, technology, and smart mobility solutions supported by high ethical standards and environmental respect.

When Was Schindler Group Established?

Founded: 1874
Founders: Robert Schindler, Eduard Villiger
Headquarters: Ebikon, Canton of Lucerne, Switzerland
Industry: Vertical transportation
Global Operations: Over 100 countries
Employees: 70,406 worldwide
Annual Revenue: CHF 11,236 million (2024)

Schindler Group Mission Statement

"To engineer vertical mobility to make urban spaces more comfortable, inclusive, and sustainable."

What Is Schindler Group Known For?

Schindler Group is renowned for its comprehensive vertical transportation solutions that enhance urban mobility and building accessibility.

Innovative Elevator and Escalator Systems

Since its founding, Schindler has pioneered new technologies in elevators and escalators, offering cutting-edge passenger elevators, escalators, moving walkways, destination dispatch systems, and advanced digital solutions that improve safety and efficiency.

Sustainable and Smart Urban Mobility

The company’s business model provides end-to-end urban mobility solutions, emphasizing sustainability throughout planning, installation, maintenance, and modernization phases, making it a trusted partner for smart cities and large buildings.

How Extensive Are Schindler Group’s Global Operations?

Schindler operates in over 100 countries through more than 1,000 branch offices worldwide, including a presence in Miami, Florida, serving a diverse range of commercial and residential clients.

Financially, Schindler reported revenues of CHF 11,236 million in 2024 with a net profit of CHF 1,010 million and an EBIT margin of 11.3%. In Q1 2025 alone, revenues reached CHF 2,732 million, showing continued growth and strong profitability with an EBIT margin of 12.0%.

Market Position and Competitive Analysis

Schindler is the largest manufacturer of escalators and the second-largest elevator manufacturer worldwide, trailing only Otis Elevator Company. The company focuses on innovation and quality to maintain its competitive edge in the vertical transportation industry.

What Products Does Schindler Group Provide?

Schindler’s extensive product lineup includes:

Passenger elevators designed for various building sizes and types
High-capacity escalators for public transportation hubs and commercial centers
Moving walkways enhancing pedestrian flow in airports and malls
Destination dispatch systems optimizing elevator traffic management
Digital solutions improving operational efficiency and user experience

What Is Schindler Group’s Future Outlook?

Looking ahead, Schindler anticipates low single-digit revenue growth and margin improvements in 2025, driven mainly by its strong service and modernization segments. The company remains committed to investing in technology and smart innovations to enhance customer experiences and maintain sustainable urban mobility solutions.

Is Schindler Group Currently Hiring?

You can check out the open positions that Schindler Group has right here on OysterLink.

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