2025 Global Top 10 Countries by Elevator Maintenance Aftermarket Size Released
In December 2025, the International Federation of Elevator Associations (GEEAF) officially released the 2025 Global Elevator Maintenance Aftermarket Development Report, announcing the 2025 global top 10 countries by elevator maintenance aftermarket size. According to the report, the total size of the global elevator maintenance aftermarket reached 42 billion US dollars in 2025, a year-on-year increase of 8.5%, accounting for more than 45% of the total global elevator industry market size, and has become the core growth track of the elevator industry. The TOP 10 ranking released this time is as follows: 1. China, with a market size of 14.7 billion US dollars, accounting for 35.0% 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 8.4 billion US dollars, accounting for 20.0% of the global total, a year-on-year increase of 6.7%; 3. EU 27 countries, with a market size of 7.56 billion US dollars, accounting for 18.0% of the global total, a year-on-year increase of 5.8%; 4. Japan, with a market size of 2.94 billion US dollars, accounting for 7.0% of the global total, a year-on-year increase of 4.5%; 5. South Korea, with a market size of 1.68 billion US dollars, accounting for 4.0% of the global total, a year-on-year increase of 5.2%; 6. Canada, with a market size of 1.26 billion US dollars, accounting for 3.0% of the global total, a year-on-year increase of 4.8%; 7. Australia, with a market size of 840 million US dollars, accounting for 2.0% of the global total, a year-on-year increase of 5.0%; 8. Russia, with a market size of 630 million US dollars, accounting for 1.5% of the global total, a year-on-year increase of 4.7%; 9. Brazil, with a market size of 504 million US dollars, accounting for 1.2% of the global total, a year-on-year increase of 5.3%; 10. India, with a market size of 420 million US dollars, accounting for 1.0% of the global total, a year-on-year increase of 12.5%, 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 global elevator ownership, the increasing proportion of old elevators, and the continuous tightening of elevator safety supervision policies in various countries are the core driving forces for the growth of the elevator maintenance aftermarket. Intelligent maintenance, predictive maintenance, and digital operation and maintenance have become the core development direction of the industry, and the market share of third-party maintenance institutions continues to increase. The global elevator maintenance aftermarket will still maintain an average annual growth rate of more than 7% in the next 5 years.