China Elevator Market Report: Trends, Insights, and Forecast for 2030

The China Elevator Market size was valued at USD 31.27 billion in 2024 and is expected to reach USD 34.15 billion by 2025. Looking ahead, the market size is projected to expand steadily, reaching USD 46.01 billion by 2030, at a CAGR of 6.14% from 2025 to 2030

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China’s elevator market is supported by large-scale investments in public infrastructure, including airports, metro networks, hospitals, government buildings, and commercial complexes, which continue to create steady installation demand across major and emerging cities.