Core data of the report:

First, Global Output and China's Share: 2025 global elevator total output 13.8 million units, YoY +6.2%; China 9.2 million units (66.7% share), YoY +7.1%; other countries 4.6 million units (33.3% share), YoY +4.5%; China's ultra-high-speed elevator (≥8m/s) output 1,200 units, global share 55%; home elevator output 1.8 million units, global share 72%; explosion-proof elevator output 32,000 units, global share 68%.

Second, Global Sales and Regional Distribution: global total sales 12.9 million units, YoY +5.8%; China 6.8 million units (52.7%); Asia (excluding China) 2.1 million units (16.3%); Europe 1.8 million units (14.0%); North America 1.2 million units (9.3%); Middle East 0.8 million units (6.2%); South America 0.5 million units (3.9%); Africa 0.2 million units (1.6%).

Third, China's Export Data and Markets: export volume 2.18 million units, YoY +12.3%; export value 38.6 billion US dollars, YoY +15.6%; export markets: ASEAN (32%), Middle East (21%), Europe (18%), Central Asia (12%), North America (8%), South America (6%), Africa (3%); export products: passenger elevators (45%), escalators (22%), home elevators (15%), goods elevators (10%), special elevators (8%).

Fourth, Global Market Share: Chinese enterprises global total share 42% (YoY +3%); European enterprises 28%; Japanese and Korean enterprises 15%; North American enterprises 10%; others 5%; China added 5% overseas market share, mainly from high-end markets in Europe, Middle East and ASEAN.

Fifth, Technology Trends: smart elevators account for 38% (YoY +12%); green energy-saving elevators account for 45% (YoY +15%); installed elevators account for 22% (YoY +18%); IoT elevator penetration rate 55% (YoY +20%).

Sixth, 2026-2027 Forecast: global output average annual growth 7%, reaching 15.8 million units in 2027; China's output average annual growth 8%, reaching 10.8 million units (68% share) in 2027; China's exports average annual growth 15%, export value exceeding 50 billion US dollars in 2027, global share exceeding 48%.


The report points out that China's elevator industry has shifted from scale expansion to high-quality, international and green development, with continuously enhanced global competitiveness.