This report is jointly compiled by the China Elevator Association and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, covering traction and hydraulic freight elevators with rated load from 500kg to 20000kg. It is the first panoramic development and export report for the segmented field of freight elevators in China's elevator industry. The core content and data of the report include: first, the overall industry scale data. In 2024, the annual output of China's freight elevators reached 36,000 units, a year-on-year increase of 8.2%, accounting for more than 62% of the global total output of freight elevators; in 2024, the export volume reached 12,800 units, a year-on-year increase of 16.4%, the export value exceeded 870 million US dollars, a year-on-year increase of 14.1%, and the exports cover 112 countries and regions around the world. The annual compound growth rate of export volume from 2020 to 2024 reached 12.3%, which far exceeded the average growth rate of global freight elevator trade; second, the export structure ranking of subdivided products. Among the export categories of China's freight elevators in 2024, products with rated load from 2000kg to 5000kg accounted for 52.6%, ranking first; products with rated load from 5000kg to 10000kg accounted for 28.4%, ranking second; heavy-duty products with rated load above 10000kg accounted for 12.7%, ranking third; hydraulic freight elevators accounted for 6.3%, ranking fourth. Among them, the export growth rate of heavy-duty freight elevators above 10000kg was the fastest, with a year-on-year increase of 28.7%, and the main export markets were industrial plants and logistics park projects in Southeast Asia, the Middle East and Africa; third, the ranking of export regional markets. The top 10 countries in terms of China's freight elevator export value in 2024 are: Russia, Vietnam, Indonesia, Thailand, Malaysia, India, United Arab Emirates, Saudi Arabia, Mexico, Kazakhstan. Among them, countries along the Belt and Road account for 76.8% of the total export value, and ASEAN countries account for 34.2%, which are the core export markets; the export value to the African market increased by 26.3% year-on-year, with a significant increase in growth rate; fourth, the analysis of global market position. The report shows that in 2024, China's freight elevator output accounts for 62% of the global total output, the export volume accounts for 58% of the global total trade volume of freight elevators, among which the global market share of heavy-duty freight elevators reaches 52%, and the global market share of core components exceeds 70%. China has formed the most complete industrial chain and supply chain system for freight elevators in the world, and its technical standards and product quality have been widely recognized in the global industrial and logistics fields; fifth, the analysis of industry development trend. The report points out that the global freight elevator market shows three major development trends: first, the rapid development of the global manufacturing and logistics warehousing industries drives the continuous rise in demand for freight elevators in industrial plants, logistics parks, ports and wharves. It is expected that the average annual growth rate of the global freight elevator market will remain above 10% from 2025 to 2027; second, heavy-duty, intelligence, high safety and energy saving have become the core direction of the technological development of freight elevators, and the export growth rate of intelligent freight elevators, variable frequency energy-saving freight elevators and explosion-proof freight elevators all exceeded 25%; third, the global renewal and transformation market of elevators in old industrial plants and logistics parks is gradually expanding. In 2024, the export value of China's freight elevator transformation components increased by 21.8% year-on-year, becoming a new export growth engine. This report comprehensively presents the development pattern and export trend of China's freight elevator industry, and provides authoritative data reference for global elevator purchasers and traders in the industrial and logistics fields to accurately connect with China's freight elevator supply chain.