In December 2025, Global Info Research, a global authoritative industry research institution, officially released the 2025 Global Smart Elevator Industry Market Report, announcing the 2025 global top 10 countries by smart elevator market size. According to the report, the total size of the global smart elevator market reached 12.8 billion US dollars in 2025, a year-on-year increase of 13.6%, the growth rate is significantly higher than that of the general elevator market, and it 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 5.888 billion US dollars, accounting for 46.0% of the global total, a year-on-year increase of 15.8%, firmly ranking first in the world; 2. United States, with a market size of 1.92 billion US dollars, accounting for 15.0% of the global total, a year-on-year increase of 12.2%; 3. Germany, with a market size of 1.024 billion US dollars, accounting for 8.0% of the global total, a year-on-year increase of 11.5%; 4. Japan, with a market size of 896 million US dollars, accounting for 7.0% of the global total, a year-on-year increase of 10.8%; 5. South Korea, with a market size of 640 million US dollars, accounting for 5.0% of the global total, a year-on-year increase of 11.7%; 6. United Kingdom, with a market size of 512 million US dollars, accounting for 4.0% of the global total, a year-on-year increase of 10.9%; 7. France, with a market size of 384 million US dollars, accounting for 3.0% of the global total, a year-on-year increase of 10.6%; 8. Singapore, with a market size of 256 million US dollars, accounting for 2.0% of the global total, a year-on-year increase of 11.3%; 9. United Arab Emirates, with a market size of 256 million US dollars, accounting for 2.0% of the global total, a year-on-year increase of 12.0%; 10. India, with a market size of 128 million US dollars, accounting for 1.0% of the global total, a year-on-year increase of 18.5%, ranking first among the top ten countries in the world in terms of growth rate. The report also pointed out that the accelerated construction of smart buildings and smart cities around the world, the popularization of Internet of Things and artificial intelligence technologies, the digital upgrading of elevator safety supervision, and the increasing demand for intelligent transformation of old elevators are the core driving forces for the growth of the smart elevator market. Intelligently dispatched elevators, remote monitoring elevators, face recognition elevators, IoT operation and maintenance elevators, and network security protection elevators have become the core development direction of the industry. The global smart elevator market will still maintain an average annual growth rate of more than 12% in the next 5 years.