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Elevator Installation & Service in West Virginia

Author.Name IBISWorld United States Last Updated: April 2025 NAICS WV23829

Elevator Installation & Service in West Virginia industry analysis

The Elevator Installation & Service industry in West Virginia is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Elevator Installation & Service in West Virginia Market Research Report

What’s Included in the Elevator Installation & Service in West Virginia Market Research Report

Definition of the Elevator Installation & Service in West Virginia?

This industry comprises establishments primarily engaged in one or more of the following activities: installing or dismantling elevators, escalators and moving walkways; machine rigging; millwrighting; and modernizing and maintaining installed products, which include elevators, dumbwaiters, escalators, conveyor systems and automated revolving doors.

What’s included in the Elevator Installation & Service in West Virginia?

The Elevator Installation & Service in West Virginia includes elevator installations, elevator maintenance and repair services, escalator installation, maintenance and repair services, millwright and machine rigging contracting, conveyor-system installation, automated and revolving-door installation and dumbwaiter installation. Related terms covered in the Elevator Installation & Service in West Virginia industry report includes a certified trade occupation involving installing, replacing, dismantling and repairing machinery and heavy equipment, typically involves installing a computerized control system (intelligent network) that monitors and controls the mechanical and lighting systems in a building, a vertical transport vehicle that moves people and/or goods between floors of a building, a moving staircase conveyor transport device designed for moving large numbers of people between floors. widely used in shopping malls, on transit systems and in public buildings and an establishment without payroll employees, typically a sole proprietorship or partnership.

Industry Performance of the Elevator Installation & Service industry in West Virginia

Benchmark the Elevator Installation & Service in West Virginia industry performance with all WV county and national performance.

Elevator Installation & Service in West Virginia

#44 in Highest Revenue 0.2% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Elevator Installation & Service in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Elevator Installation & Service industry in West Virginia

See how key industry drivers, such as population, median houshold income, new business formation, private investment in manufacturing structures, value of private nonresidential construction and corporate profit are impacting Elevator Installation & Service in West Virginia

West Virginia Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in WV State Economic profile

US Key External Drivers

Private investment in manufacturing structures
Value of private nonresidential construction
Corporate profit

For the full list of industry drivers, see report purchase options.

County Data of the Elevator Installation & Service industry in West Virginia

Access proprietary data on county in the Elevator Installation & Service in West Virginia, such as Mingo County, Brooke County and Braxton County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Elevator Installation & Service industry in West Virginia

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Elevator Installation & Service industry in West Virginia in 2025?

The market size of the Elevator Installation & Service industry in West Virginia is $104.0m in 2025.

How many businesses are there in the Elevator Installation & Service industry in West Virginia in 2025?

There are 78 businesses in the Elevator Installation & Service industry in West Virginia, which has been declining at an average annual rate of -4.1% from 2020 to 2025.

Has the Elevator Installation & Service industry in West Virginia grown or declined over the past 5 years?

The market size of the Elevator Installation & Service industry in West Virginia has been declining at an average annual rate of -1.6% from 2020 to 2025.

How many employees in the Elevator Installation & Service industry in West Virginia in 2025?

There are 264 employees in the Elevator Installation & Service industry in West Virginia, which has been growing at an average annual rate of 1.6% from 2020 to 2025.