What Impacts Will the New EU Elevator Energy Efficiency Regulations Have on the Export Market?

Q: What are the core requirements of the new EU elevator energy efficiency regulations?A: The new regulations are implemented based on the revised Energy Performance of Buildings Directive (EPBD) and supporting clauses of the EU Lifts Directive, with three core requirements: first, all new elevators entering the EU market must reach IEC energy efficiency Class A by 2030; second, energy efficiency assessment of all existing elevators in public buildings must be completed by 2027, and that in commercial buildings by 2029; third, for existing elevator energy efficiency retrofit projects, the EU provides financial subsidies covering up to 40% of equipment investment, and member states can add local subsidy policies on this basis.

Q: What access challenges will the new regulations bring to elevator export enterprises?A: On the one hand, low-efficiency elevator products and supporting parts will gradually lose access to the EU market, and the export space of traditional non-energy-saving traction systems and conventional electrical control systems will continue to shrink. On the other hand, product energy efficiency testing and certification costs have increased. Export products need to comply with unified energy efficiency test standards and labeling requirements, and the compliance costs of small and medium-sized export enterprises will rise to a certain extent.

Q: What market opportunities are hidden behind the new regulations?A: First, the export demand for core energy-saving components has increased significantly, and the market demand for high-efficiency traction machines, energy feedback devices, variable frequency drive systems and other products will continue to grow. Second, the existing elevator energy efficiency retrofit market is expanding rapidly. More than 60% of the existing elevators in Europe have been in service for more than 10 years, and the demand for energy efficiency upgrading will continue to be released. In addition, the supporting demand for intelligent energy efficiency management systems will also rise simultaneously, bringing more cooperation opportunities for enterprises with integrated solution capabilities.