China Elevator Association Released 2024-2025 Development and Export Report of China's Special Elevator Industry
This report is compiled by the China Elevator Association in conjunction with the National Technical Committee for Elevator Standardization of China, covering all categories of special elevators such as explosion-proof lifts, medical elevators, ultra-high speed elevators, sightseeing elevators, home lifts, marine elevators and mining elevators. It is the first panoramic development and export report for the segmented field of special 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 special elevators in China reached 128,000 units, a year-on-year increase of 18.5%, accounting for 10.8% of the total national elevator output; in 2024, the export volume of China's special elevators reached 32,000 units, a year-on-year increase of 26.7%, and the export value exceeded 1.8 billion US dollars, a year-on-year increase of 22.3%. The growth rate far exceeded that of general elevator categories, becoming a new growth engine for China's elevator exports; second, the export ranking of subdivided categories. The top 5 categories of China's special elevator export volume in 2024 are: explosion-proof lifts, medical elevators, sightseeing elevators, home lifts, marine elevators. Among them, the export volume of explosion-proof lifts reached 8,600 units, a year-on-year increase of 32.5%, ranking first, and the main export markets are the oil and gas and mining industries in the Middle East, Africa and Southeast Asia; the export volume of medical elevators reached 7,200 units, a year-on-year increase of 28.9%, and the main export markets are the medical infrastructure markets in Southeast Asia, Africa and the Middle East; third, the ranking of export regional markets. The top 10 countries in terms of China's special elevator export value in 2024 are: United Arab Emirates, Saudi Arabia, Indonesia, Vietnam, Russia, Nigeria, Egypt, Kazakhstan, Malaysia, Australia. Among them, countries along the Belt and Road account for 82.6% of China's total special elevator export value, which is the core export market; fourth, the analysis of global market position. The report shows that in 2024, China's special elevator output accounts for 62% of the global total special elevator output, and the export volume accounts for 58% of the global total special elevator trade volume, both firmly ranking first in the world. Among them, the global market share of explosion-proof lifts, medical elevators and marine elevators all exceeds 60%, and the technical standards and product quality have been widely recognized by the global market; fifth, the analysis of industry development trend. The report points out that the global special elevator market shows three major development trends: first, the global infrastructure upgrading, mine oil and gas development, and the development of medical and health care industry drive the continuous growth of demand for special elevators. It is expected that the average annual growth rate of the global special elevator market will remain above 12% from 2025 to 2027; second, customization, intelligence and high safety have become the core direction of the technological development of special elevators; third, the advantages of China's special elevators in technology, cost and supply chain continue to expand, and the global market share will further increase. This report comprehensively presents the development pattern and export trend of China's special elevator industry, and provides authoritative data reference for global elevator purchasers and traders to accurately connect with China's special elevator supply chain.