In December 2025, MarketsandMarkets, a global authoritative industry research institution, officially released the 2025 Global Ultra-High-Speed Elevator Industry Market Report, announcing the 2025 global top 10 countries by ultra-high-speed elevator (running speed ≥6m/s) market size. According to the report, the total size of the global ultra-high-speed elevator market reached 1.55 billion US dollars in 2025, a year-on-year increase of 11.2%, 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 744 million US dollars, accounting for 48.0% of the global total, a year-on-year increase of 13.5%, firmly ranking first in the world; 2. United Arab Emirates, with a market size of 186 million US dollars, accounting for 12.0% of the global total, a year-on-year increase of 10.8%; 3. United States, with a market size of 155 million US dollars, accounting for 10.0% of the global total, a year-on-year increase of 9.2%; 4. Saudi Arabia, with a market size of 108 million US dollars, accounting for 7.0% of the global total, a year-on-year increase of 10.5%; 5. Japan, with a market size of 78 million US dollars, accounting for 5.0% of the global total, a year-on-year increase of 8.7%; 6. South Korea, with a market size of 62 million US dollars, accounting for 4.0% of the global total, a year-on-year increase of 9.0%; 7. Singapore, with a market size of 47 million US dollars, accounting for 3.0% of the global total, a year-on-year increase of 8.5%; 8. Malaysia, with a market size of 31 million US dollars, accounting for 2.0% of the global total, a year-on-year increase of 9.8%; 9. Australia, with a market size of 23 million US dollars, accounting for 1.5% of the global total, a year-on-year increase of 8.3%; 10. India, with a market size of 16 million US dollars, accounting for 1.0% of the global total, a year-on-year increase of 14.7%, ranking first among the top ten countries in the world in terms of growth rate. The report also pointed out that the continuous growth of the number of global super high-rise buildings, the increasing demand for urban landmark building construction, and the accelerated development of commercial complexes and high-end office buildings are the core driving forces for the growth of the ultra-high-speed elevator market. The vibration and noise reduction technology, intelligent dispatching system, energy-saving drive technology and safety protection system of ultra-high-speed elevators have become the core development direction of the industry. The global ultra-high-speed elevator market will still maintain an average annual growth rate of more than 9% in the next 5 years.