China Elevator Association Released 2024 China Elevator Industry Operation Data and Global Market Position Report
This report is compiled based on the authoritative data of the National Technical Committee for Elevator Standardization, the General Administration of Customs, and the State Administration for Market Regulation, and is the most credible annual operation report of China's elevator industry. The core data of the report include: first, in 2024, China's annual output of complete elevators reached 1.18 million units, a year-on-year increase of 3.2%, accounting for more than 70% of the global total elevator output, ranking first in the world for 20 consecutive years; second, by the end of 2024, the number of elevators in China exceeded 10 million units, accounting for more than 45% of the total number of elevators in the world, making it the largest elevator application market in the world; third, in 2024, China's export volume of complete elevators reached 186,000 units, a year-on-year increase of 8.7%, with an export value of more than 4.5 billion US dollars, and the export value of core components exceeded 2.8 billion US dollars. The exports cover 132 countries and regions around the world, among which the export growth rate of Southeast Asia, Middle East, Latin America and Africa markets exceeded 10%; fourth, in 2024, China's elevator industry participated in the formulation of 12 international ISO elevator standards and led the formulation of 8 regional standards, and the international recognition of China's elevator technical standards has been greatly improved. At the same time, the report also analyzes the development trend of the global elevator market, clarifies the technical advantages of China's elevator industry in the fields of green energy saving, intelligence and digitalization, and provides authoritative data support for global elevator traders and purchasers to understand the supply capacity, technical level and market opportunities of China's elevator industry.