Key Facts
- ✓ Regional procurement of elevators for replacing outdated equipment grew by 26.6% in 2025.
- ✓ The market experienced a reversal of declining sales trends that persisted throughout the previous year.
- ✓ The surge in procurement volume was driven by two major contracts signed in the fourth quarter.
- ✓ Authorities in Moscow and the Moscow Region were the primary drivers of this new procurement activity.
- ✓ Government buyers are actively seeking methods to lower the costs associated with these equipment purchases.
Quick Summary
The Russian elevator market experienced a significant turnaround in 2025, with regional procurement volumes increasing by 26.6%. This growth reversed a year-long trend of declining sales that had challenged manufacturers throughout the previous year.
The unexpected surge was primarily fueled by two substantial contracts finalized in the fourth quarter. Authorities in Moscow and the surrounding Moscow Region spearheaded the initiative to replace aging equipment, signaling a renewed commitment to infrastructure modernization.
A Market Reversal
For most of the preceding year, the elevator market faced headwinds with declining sales figures. The sudden pivot in the fourth quarter caught many industry observers by surprise, marking a distinct shift in market dynamics.
The growth was not a gradual recovery but a sharp, contract-driven spike. The procurement drive was concentrated in the country's most populous regions, where the need to upgrade outdated vertical transportation systems is most acute.
- 26.6% year-over-year growth in procurement volume
- Reversal of a sustained period of sales decline
- Concentrated activity in major metropolitan areas
- Focus on replacing obsolete equipment
The Moscow Catalyst
The catalyst for this market shift was the fourth-quarter activity of regional governments. Two major agreements were signed between local authorities and suppliers, setting the tone for the year's final months.
Moscow and the Moscow Region were the central players in this development. Their combined purchasing power and urgent need to modernize residential and commercial infrastructure created a substantial demand spike that lifted the entire sector's performance metrics.
Persistent Challenges
Despite the positive growth figures, the market environment remains complex for equipment manufacturers. Government buyers are actively pursuing strategies to reduce procurement costs, maintaining pressure on suppliers' margins.
The market conundrum lies in balancing the increased volume of orders with the downward pressure on pricing. While the volume of business has increased, the profitability of each contract is under scrutiny as authorities look to maximize the efficiency of their infrastructure budgets.
Key Takeaways
The data from 2025 highlights a critical moment for the vertical transportation sector in Russia. The infrastructure renewal drive in Moscow and the Moscow Region has provided a vital boost to the industry.
However, the path forward requires navigating a landscape where cost-efficiency is paramount. Manufacturers must adapt to a market where volume is increasing, but the financial terms of engagement are becoming stricter.
