In December 2025, MarketsandMarkets, a global authoritative industry research institution, officially released the 2025 Global Explosion-Proof Elevator Industry Market Report, announcing the 2025 global top 10 countries by explosion-proof elevator market size. According to the report, the total size of the global explosion-proof elevator market reached 2.85 billion US dollars in 2025, a year-on-year increase of 8.7%, the growth rate is significantly higher than that of the general elevator market. The TOP 10 ranking released this time is as follows: 1. China, with a market size of 1.20 billion US dollars, accounting for 42.1% of the global total, a year-on-year increase of 10.8%, firmly ranking first in the world; 2. United States, with a market size of 380 million US dollars, accounting for 13.3% of the global total, a year-on-year increase of 7.2%; 3. Germany, with a market size of 250 million US dollars, accounting for 8.8% of the global total, a year-on-year increase of 6.9%; 4. Russia, with a market size of 180 million US dollars, accounting for 6.3% of the global total, a year-on-year increase of 9.5%; 5. Australia, with a market size of 150 million US dollars, accounting for 5.3% of the global total, a year-on-year increase of 7.8%; 6. Canada, with a market size of 120 million US dollars, accounting for 4.2% of the global total, a year-on-year increase of 7.5%; 7. Brazil, with a market size of 110 million US dollars, accounting for 3.9% of the global total, a year-on-year increase of 8.2%; 8. South Africa, with a market size of 90 million US dollars, accounting for 3.2% of the global total, a year-on-year increase of 11.2%, ranking first among the top ten countries in the world in terms of growth rate; 9. Saudi Arabia, with a market size of 80 million US dollars, accounting for 2.8% of the global total, a year-on-year increase of 9.7%; 10. India, with a market size of 70 million US dollars, accounting for 2.5% of the global total, a year-on-year increase of 10.5%. The report also pointed out that the rapid development of petrochemical, coal mine, natural gas, pharmaceutical, grain processing and other industries is the core driving force for the growth of the global explosion-proof elevator market. The intelligence, high protection level and high reliability of explosion-proof elevators have become the core development direction of the industry. The global explosion-proof elevator market will still maintain an average annual growth rate of more than 7% in the next 5 years.