In November 2024, the International Federation of Elevator Associations (GEEAF) officially released the 2024 Global Elevator Maintenance Industry Development Report, announcing the 2024 global top 10 countries by elevator maintenance market size. According to the report, the total size of the global elevator maintenance market reached 21.8 billion US dollars in 2024, accounting for 43.8% of the total size of the global elevator industry, with a year-on-year increase of 3.5%. The growth rate is higher than that of the new elevator market, and it has become the core driving force for the growth of the global elevator industry. The TOP 10 ranking released this time is as follows: 1. United States, with a maintenance market size of 5.62 billion US dollars, accounting for 25.8% of the global total maintenance market, a year-on-year increase of 2.8%, firmly ranking first in the world; 2. China, with a maintenance market size of 4.87 billion US dollars, accounting for 22.3% of the global total maintenance market, a year-on-year increase of 5.2%, ranking second among the top ten countries in the world in terms of growth rate; 3. EU 27 countries, with a maintenance market size of 4.23 billion US dollars, accounting for 19.4% of the global total maintenance market, a year-on-year increase of 2.1%; 4. Japan, with a maintenance market size of 1.85 billion US dollars, accounting for 8.5% of the global total maintenance market, a year-on-year increase of 1.7%; 5. South Korea, with a maintenance market size of 890 million US dollars, accounting for 4.1% of the global total maintenance market, a year-on-year increase of 2.4%; 6. Canada, with a maintenance market size of 760 million US dollars, accounting for 3.5% of the global total maintenance market, a year-on-year increase of 2.2%; 7. Australia, with a maintenance market size of 580 million US dollars, accounting for 2.7% of the global total maintenance market, a year-on-year increase of 2.6%; 8. Brazil, with a maintenance market size of 520 million US dollars, accounting for 2.4% of the global total maintenance market, a year-on-year increase of 4.1%; 9. India, with a maintenance market size of 470 million US dollars, accounting for 2.2% of the global total maintenance market, a year-on-year increase of 12.6%, ranking first among the top ten countries in the world in terms of growth rate; 10. Russia, with a maintenance market size of 390 million US dollars, accounting for 1.8% of the global total maintenance market, a year-on-year increase of 3.3%. The report also pointed out that the global elevator industry has gradually transformed from "new elevator sales-oriented" to "maintenance service-oriented". The proportion of the maintenance market in mature markets has exceeded 60%, and the maintenance market in emerging markets has a significant growth rate, with huge growth space in the future.