In November 2025, MarketsandMarkets, a global authoritative industry research institution, officially released the 2025 Global Hydraulic Elevator Industry Market Report, announcing the 2025 global top 10 countries by hydraulic elevator market size. According to the report, the total size of the global hydraulic elevator market reached 1.25 billion US dollars in 2025, a year-on-year increase of 3.2%, maintaining a steady growth trend. The TOP 10 ranking released this time is as follows: 1. United States, with a market size of 320 million US dollars, accounting for 25.6% of the global total, a year-on-year increase of 2.8%, firmly ranking first in the world; 2. China, with a market size of 210 million US dollars, accounting for 16.8% of the global total, a year-on-year increase of 4.5%; 3. Germany, with a market size of 150 million US dollars, accounting for 12.0% of the global total, a year-on-year increase of 2.7%; 4. Italy, with a market size of 90 million US dollars, accounting for 7.2% of the global total, a year-on-year increase of 3.1%; 5. France, with a market size of 80 million US dollars, accounting for 6.4% of the global total, a year-on-year increase of 2.9%; 6. United Kingdom, with a market size of 70 million US dollars, accounting for 5.6% of the global total, a year-on-year increase of 3.0%; 7. Canada, with a market size of 60 million US dollars, accounting for 4.8% of the global total, a year-on-year increase of 3.3%; 8. Spain, with a market size of 50 million US dollars, accounting for 4.0% of the global total, a year-on-year increase of 3.2%; 9. Australia, with a market size of 40 million US dollars, accounting for 3.2% of the global total, a year-on-year increase of 3.5%; 10. Netherlands, with a market size of 30 million US dollars, accounting for 2.4% of the global total, a year-on-year increase of 2.8%. The report also pointed out that hydraulic elevators are still one of the mainstream elevator types for low-rise buildings, villas, underground buildings, and industrial plants by virtue of their core advantages of strong bearing capacity, stable operation, high hoistway utilization rate, and low top floor height requirements. The upgrading and transformation of old hydraulic elevators and the increasing demand for household hydraulic elevators are the core driving forces for market growth. The global hydraulic elevator market will still maintain an average annual growth rate of 2%-3% in the next 5 years.