Lift may be a very simple mechanical equipment used to raise elements or objects or load from ground level to a specific height to perform a particular work with maximum load capacity and minimum efforts of a worker. The objective of this work is to develop a mechanism for climbing up and down over stairs for aged and physically challenged people and easy mobility of the whole elevator. To achieve this, we require high strength materials, wheels, etc. All the researchers attempt to optimize these parameters according to the concerned requirements. This review paper is focused on the analysis of some research papers containing the entire study of components, selection of materials, and analysis of dimension of components. After the analysis of research papers, long term scope of the research was also suggested. This review paper focuses on the analysis of several research papers that explore the entire study of components, selection of materials, and analysis of dimension of components. It provides insights into current advancements in the field and evaluates different approaches to developing a stair-climbing mechanism for aged and physically challenged individuals.