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Factors That Determine The Cost Of An Elevator

  • 19/03/2024
  • Đọc Bài

    When you start looking into home elevators, there are many factors to consider. From the right type of elevator for your space to calculating costs and other important factors like safety and design, all play a role in the selection process.

    In our previous articles, we have attempted to answer some of the frequently asked questions regarding the right type of elevator and the expected cost by analyzing in detail the factors that affect the price of an elevator. In this way, we hope to give you a deeper and clearer insight into this important process of purchasing and installing a home elevator.

    Brand and origin

    The price of elevators has a significant difference between fully imported elevators from countries such as the US, Italy, Germany, Thailand, China... and separate component elevators (joint venture).

    Imported elevators are products imported in their entirety from reputable manufacturers around the world. When they are imported to Vietnam, costs such as transportation and taxes must be included in the price, increasing the price of the elevator by 30-40% compared to separate component elevators (joint ventures). In contrast, joint venture elevators only import machinery and equipment from famous brands, while the cabin system is produced domestically. Because they do not have to pay high transportation costs and import taxes, the price of joint venture elevators is often much lower than imported elevators, especially in the field of home elevators.

    Below is a reference price list for 3 elevator product lines, classified by origin and different brands. This price comparison table is built on the assumption that these elevators have some common features in terms of function and materials used. We provide price information at the average market level to help customers have an overview and easily compare.

    However, for more accurate and detailed information about each product line as well as other factors such as features, quality, and support services, please contact us directly for advice and the most detailed information.

    This price list will help customers have an overview and make smart decisions when choosing products that suit their needs and budget.

    Elevator price comparison table by manufacturing technology

    Payload Cable technology Hydraulic technology (#3 Stop) Screw technology
    200kg From (280-450) million VND About 350 million VND From (580-950) million VND
    350kg From (320-500) million VND About 350 million VND From (620-1000) million VND
    450kg From (360-520) million VND About 350 million VND From (650-1020) million VND
    630kg From (380-550) million VND About 350 million VND From (680-1050) million VND

    Elevator technology

    Next, when it comes to elevator technology, the commitment to innovation and pioneering the application of new technology is something that reputable elevator brands always focus on. By investing heavily in research and development, they not only enhance the performance and features of their products but also promote overall progress in the elevator industry. Although the price may increase due to high research and development costs, this means that consumers benefit from advanced solutions and the best product experience.

    Currently, in the elevator market there are 3 popular technology lines:

    Cable pull

    Home elevators using traction cable technology operate simply and efficiently. The elevator pulleys are linked to an electric motor. When you select the desired floor, the current will be activated, rotating the motor and at the same time making the pulleys rotate as well. This process moves the cabin up or down, responding to the request from the floor controller you pressed. The rotation direction of the pulley and motor can be adjusted depending on the direction of movement you have chosen. In addition, the price of elevators using traction cable technology is also cheaper than elevators using other technology lines today.

    Cable elevator
    Cable elevator

    Hydraulics

    Hydraulic elevators are elevators that operate on the pressure of a non-absorbent fluid, usually hydraulic oil. They use a pump to create pressure, and when the pressure increases, it pushes the elevator up. When the pressure decreases, the elevator goes down. This type is often used in buildings with few floors.

    Structure of hydraulic elevator using piston
    Structure of hydraulic elevator using piston

    Screw

    Screw elevators move based on the combination of screw system, motor system and belt. When the screw operates, the belt and gear will be pulled up and move in a circle. The gear system meshes between the screw bolts to help lift and lower the elevator cabin, and the direction of the motor will determine the direction of the elevator. The price of elevators using screw technology is more expensive than other types of elevator technology because this is a new technology from abroad, not yet popular in Vietnam.

    Screw technology home elevator
    Screw technology home elevator

    Elevator size and load capacity, number of stops

    Elevator configuration is also one of the factors affecting the price of home elevators. Specifically, the elevator structure factors related to the elevator configuration include: number of elevator floors, speed, floor door type, transmission parts, elevator shaft, etc. In addition, the size of the cabin, load capacity and number of stops are also factors that directly affect the price of an elevator.

    Dimensions - Load:

    First of all, the size of the cabin determines the level of utility and use of an elevator. Normally, an elevator with a larger cabin will require more materials and lead to higher production and installation costs. And obviously, the higher the production cost, the higher the price of the elevator.

    The load capacity of the elevator will be a factor affecting the price of the home elevator. Normally, home elevators have a load capacity from 200kg to over 1000kg, in which the most common load capacity of home elevators is 300kg to 450kg. The reason why the load capacity affects the price of the elevator is because the mechanical and safety components need to be designed and manufactured to ensure the load capacity, so the higher the load capacity of the elevator, the more expensive the elevator price.

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    Number of stops:

    Next is the number of stops, the number of stops is also an important factor. Each stop requires a complex control system and its own safety equipment, so increasing or decreasing the number of stops also increases/decreases the cost of production and installation.

    It is said that the more elevator stops, the higher the cost, this is obvious because an elevator with 7 stops will require more production costs and materials than an elevator with 5 stops.

    The general elevator price will start from 3 floors, and each additional floor will increase the price by a certain amount, the elevator price will change according to the height of the building.

    In general, when deciding on an elevator, factors such as size, load capacity, and number of stops are also worth careful consideration. Because they have a direct impact on the cost of the elevator and also affect the elevator manufacturing and installation process.

    To help customers have an overview and easily compare between types of home elevators, Hoang Sa Viet Sankyo Elevator would like to organize a price comparison table based on manufacturing technology. However, we would like to emphasize that the price is for reference only and may change depending on many factors such as origin, specific technical parameters and individual requirements of each project.

    This price comparison table is built on the assumption that the elevators have some similar origin characteristics, and the prices are based on the average market price. For accurate information on prices and origins, as well as specific technical specifications of each elevator type, please contact Hotline: 0707.025.789 for more detailed and accurate advice.

    This price list also assumes that the number of stops for each elevator type is #05 stops. However, if the number of stops is less, the price can be reduced by about 5% for each less stop. However, it should be noted that the installation cost per stop can increase by 20-50 million VND, depending on the specific requirements of the project.

    Through this price comparison table, we hope that customers will have an overview and choose the most suitable product according to their needs and budget.

    Elevator price comparison table by manufacturing technology

    Payload Cable technology Hydraulic technology (#3 Stop) Screw technology
    200kg From (280-450) million VND About 350 million VND From (580-950) million VND
    350kg From (320-500) million VND About 350 million VND From (620-1000) million VND
    450kg From (360-520) million VND About 350 million VND From (650-1020) million VND
    630kg From (380-550) million VND About 350 million VND From (680-1050) million VND

    Cabin manufacturing materials

    When deciding on the materials used for the production of elevator cabins, such as stainless steel, glass, ... these decisions play an extremely important role in determining the cost of the product.

    In the case of using stainless steel, considering the thickness and thinness of the stainless steel sheet, as well as choosing the right color and pattern, are important factors. Thick stainless steel sheets often come with a higher price due to the more complex manufacturing and processing processes. The production of thick stainless steel sheets requires the use of larger quantities of raw materials and more precise processing techniques. To ensure the uniformity and durability of the product, manufacturers need to apply strict quality control procedures and use modern processing technologies. All of these factors increase the production cost, thereby affecting the final price of the elevator.

    Meanwhile, when choosing glass as a material for the cabin wall, it is necessary to consider the type of glass (tempered glass, double-layered glass, ...), as well as the thickness and thinness of the glass. Cabin walls made from tempered glass with large thickness have high bearing capacity and durability.

    Using glass as a material for the cabin walls brings many benefits, including a more spacious feeling and less claustrophobia in a narrow cabin space. Especially for those with claustrophobia, glass elevators are the perfect choice.

    In addition, colors and patterns also play an important role in the production of elevator cabins. Special or complex colors and patterns require high precision and technique in the processing and finishing process. To create unique and quality patterns and colors, manufacturers often need to use modern and high-quality printing and processing technology. All these factors contribute to increased production costs, thereby affecting the final price of the elevator.

    Beautiful elevator cabin model
    Beautiful elevator cabin model
    Beautiful elevator cabin model
    Beautiful elevator cabin model
    Natural elevator cabin with wood paneling and warm lighting
    Natural elevator cabin with wood paneling and warm lighting
    Vintage elevator cabin with silk tiles and decorative lights
    Vintage elevator cabin with silk tiles and decorative lights

    Ladder frame construction materials

    The next factor to pay attention to is the material used to build the ladder frame. There are 3 types of materials used to build the ladder frame: concrete, steel, aluminum, etc., depending on the structure of the frame.

    First of all, we need to find out what an elevator frame is?

    Elevator frame or also known as Elevator frame, is the elevator floor door frame, the outer door layer fixed at each floor. This part combines with the cabin door, contributing to ensuring safety for users. Not only that, the elevator frame at each floor also helps to increase the aesthetics of the design of the project.

    Currently, there are 3 types of ladder frames chosen for construction: concrete ladder frames, steel ladder frames, and aluminum ladder frames. Each type of ladder frame has its own advantages and disadvantages. Therefore, choosing the right ladder frame for the project is extremely important. So which type of ladder frame should be chosen for the project to optimize costs and space inside the cabin?

    Concrete Frame:

    Concrete frames are often the popular choice for elevator enclosure construction because of their strength and high load-bearing capacity. Using concrete frames also saves customers money, because the construction of the concrete frame is often included in the initial contract at no additional cost. This provides convenience and saves time in planning and managing the construction budget.

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    Steel Frame:

    Steel frames are a popular choice when building elevator enclosures. With the advantages of high durability and extremely flexible processing capabilities, steel frames help ensure the stability and safety of elevators. In addition, installation will also become simpler, helping to save time and production costs. Although the price is not the lowest, it is still considered suitable for many projects.

    However, customers should also be aware of the disadvantages of steel frames. The weight of this material is quite large, which can put pressure on the building, requiring columns and hangers to be reinforced to ensure safety. In addition, steel frames are also easily affected by humid environments, requiring periodic maintenance to maintain the sustainability of the elevator system.

    Aluminum Frame:

    Aluminum is a popular choice for elevator frame construction, with the advantages of light weight and high durability. This material helps reduce the load on the building and elevator system, while still ensuring stability and safety.

    In particular, the aluminum frame processing and installation process is very convenient, thanks to the flexibility and ease of cutting and welding of this material. This saves time and production costs, however, the low hardness of aluminum compared to steel may require appropriate engineering design to ensure the stability and safety of the elevator.

    Although aluminum is a popular material, the manufacturing and processing costs can be higher than other materials such as steel, which needs to be considered when choosing a material for an elevator shaft.

    Each type of elevator frame has its own advantages and disadvantages, and the decision on which frame to use is often dependent on a number of factors. These include the specific operating environment of the elevator, the project budget, and the specific technical requirements of each project. Choosing the appropriate frame type is an important decision, affecting the performance, safety, and cost of the elevator system.

    Cost of building elevator frame

    Frame Type (in meters) Estimate (total) Advantages and disadvantages
    Concrete frame 50,000,000 VND
    • Advantages: Low price, cost is included in the cost of building the house.
    • Disadvantages: Not many designs and colors, homeowners may have to spend extra money on stone or ceramic tiles for decoration.
    Iron frame 60,000,000 VND
    • Advantages: Cheaper than aluminum frame. Can easily be covered with materials such as: Glass, plastic, wood
    • Disadvantages: The frame surface is not as beautiful and sharp as the aluminum frame.
    Aluminum frame 80,000,000 VND
    • Advantages: Sharp frame surface, allows for covering with many types of materials, very high aesthetics
    • Disadvantages: High cost.
    Elevator pit frame calculated based on actual construction
    Elevator pit frame is calculated by meter according to unit price of each type (about 500,000 VND/m)

    Materials for exterior wall cladding

    The choice of material for the exterior of the elevator is really important, because it directly affects the final cost of the product. Each type of material comes with a different price tag, and this is often the deciding factor in determining the price of the elevator.

    If you want to save money, then choosing masonry walls is an option worth considering. This means that customers will not have to spend any extra money on additional tiling or exterior decoration. Not only that, using masonry walls also helps save time and effort.

    But if you want a more luxurious design, then wood plastic slat wall paneling may be a more suitable choice. However, the price may be higher than that of conventional masonry walls.

    If you want a modern, sophisticated and luxurious design, using glass doors can be an ideal choice. However, the cost of installing glass doors will be higher than using wood plastic slats or brick walls.

    Each type of material has its own characteristics and requires different manufacturing and installation processes, which affects the final price of the elevator. Depending on your needs and budget, you can consult with Sankyo Elevator to have the most suitable choice.

    Cost of building elevator walls

    Construction of elevator shaft walls by m2 Unit price Advantages and disadvantages
    Brick wall 48,000,000 VND
    • Advantages: Cheap price, cost is included in the cost of building the house.
    • Disadvantages: Not many designs and colors, homeowners may have to spend extra money on stone or ceramic tiles for decoration.
    Wood plastic wall 65,000,000 VND
    • Advantages: Rich colors, easy to design according to feng shui, low price
    • Disadvantages: Not very durable, easily gets dirty, needs to be cleaned frequently
    Aluminum glass wall 96,000,000 VND
    • Advantages: Beautiful color, high durability, creating space and brightness for the house.
    • Disadvantages: Easily attracts dirt, needs to be cleaned regularly.
    Elevator wall construction calculated by m2
    Elevator wall construction calculated by m2

    Customer requirements

    The price of the elevator also depends on a number of factors that the customer chooses. If the customer wants to integrate convenient features such as fingerprint recognition system, magnetic card scanning, touch screen display, use high-quality imported stone floors, or install internet connection equipment, the price of the elevator will increase. These factors not only improve the utility and aesthetics of the product but also increase the cost of production and installation, thereby affecting the final price that the customer has to pay.

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