AerospaceAug 11, 2026

NORAC AS

Company Profile Analysis

Book Demo Subscribe Now

Year Founded & Workforce

1996-12-31

50 Employees

Industry

Aerospace

Services

NORAC AS Overview

Company Headquarters: Norway

Founded: 1997

Workforce: The company has employed more than 50 employees.

Company Working:

NORAC AS is a leading provider of elevator solutions for the marine and offshore industries. The company offers a wide range of products, including passenger elevators, cargo elevators, and dumbwaiters. NORAC AS's elevators are designed to be safe, reliable, and efficient, ensuring that passengers and cargo can be transported quickly and easily on board vessels and offshore installations.

Strategy

NORAC AS's key growth strategy is to expand its global presence and increase its offerings in the marine and offshore industries. The company is also investing in research and development to develop new elevator solutions that meet the specific needs of its clients.

Company Snapshot

Employees

1996-12-31

Founded

Norway

Headquarters

SWOT Analysis

Strengths

Expertise in elevator solutions for marine and offshore applications, diversified product and service offerings, excellent customer service.

Weaknesses

Dependence on the maritime and offshore industries, limited global presence.

Opportunities

Expansion into new markets, development of new and innovative elevator solutions, strategic partnerships and acquisitions.

Threats

Increasing competition, fluctuating demand in the maritime and offshore industries, changes in regulations and standards.

Key Developments

Date	Approach	Development
Nov-2019	Product Launch	NORAC AS announced the launch of their new Visionary DP cabin control system for the maritime industry.
Aug-2020	Partnership	NORAC AS announced a partnership with Ulstein Design & Solutions for the delivery of interior solutions for the new X-BOW expedition cruise vessel.

Product Offering

NORAC AS
- Marine Interiors

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD49/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles NORAC AS as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

NORAC AS

Company Headquarters: Norway Founded: 1997 Workforce: The company has employed more than 50 employees. Company Working: NORAC AS is a leading provider of elevator solutions for the marine and offshore industries. The company offers a wide range of products, including passenger elevators, cargo elevators, and dumbwaiters. NORAC AS's elevators are designed to be safe, reliable, and efficient, ensuring that passengers and cargo can be transported quickly and easily on board vessels and offshore installations.

Starting from

$4,950