Core data interpretation: First, rapid growth of market scale, in Q1 2026, the production and sales of home elevators were 42,000 units, a year-on-year increase of 36.2%, the growth rate far exceeded the industry average (5.8%), of which villa matching accounted for 52%, rural self-built houses 28%, urban old residential installation 15%, other scenarios 5%; Second, product structure upgrade, traction home elevators account for 72%, screw type 18%, hydraulic type 10%, intelligent products with intelligent monitoring, voice interaction, barrier-free functions, energy feedback account for 85%, and personalized customized products account for more than 60%; Third, regional distribution, East China accounts for 42%, South China 22%, North China 15%, Southwest China 10%, Central China 7%, Northwest and Northeast China 4%. Jiangsu, Zhejiang, Shanghai, Guangdong, Shandong, Fujian, and Sichuan are the top five provinces and cities in sales; Fourth, policy-driven factors, the implementation of the new national standard GB/T 21739-2025 for home elevators has standardized the development of the industry. At the same time, policies such as rural revitalization, quality upgrading of rural self-built houses, urban old community transformation, and aging-friendly transformation have driven the continuous explosion of demand for home elevators; Fifth, market scale forecast, the national production and sales of home elevators in 2026 are expected to exceed 180,000 units, a year-on-year increase of more than 30%, the market scale will exceed 12 billion yuan, and the compound growth rate of the market will remain above 25% in the next 3 years.