China Elevator Market (2025-2031) | Outlook, Trends, Industry, Competitive Landscape, Value, Growth, Analysis, Segmentation, Companies, Size & Revenue, Share, Forecast

Name: China Elevator Market (2025-2031) | Outlook & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Elevator Market, China Elevator Market, China Elevator Market Revenues, China Elevator Market Share, China Elevator Market Size, China Elevator Market Outlook, China Elevator Market Report, China Elevator Market Competition, China Elevator Market Overview, China Elevator Market Trends, China Elevator Market Forecast

Market Forecast By Product (Hydraulic and Pneumatic, Machine Room [MR] Traction, Machine Room-Less [MRL] Traction), By Deck Type (Single Deck, Double Deck), By Application (Passengers, Freight), By Destination Control (Smart, Conventional), By Technology (Traction elevator, Machine room less traction elevator, Hydraulic), By Installation (New Installation, Maintenance, Modernization) And Competitive Landscape

Product Code: ETC6742280	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Vasudha	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

China Elevator Market Top 5 Importing Countries and Market Competition (HHI) Analysis

China elevator import shipments in 2024 show a significant increase in concentration, with top exporters being Metropolitan France, Japan, Sweden, South Korea, and Thailand. The high Herfindahl-Hirschman Index (HHI) in 2023 has escalated to very high concentration in 2024, indicating a more consolidated market. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, the growth rate from 2023 to 2024 surged by an impressive 52.52%, reflecting a potential upturn in demand for elevator imports in China.

China Elevator Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

China Elevator Market Outlook
Market Size of China Elevator Market, 2024
Forecast of China Elevator Market, 2031
Historical Data and Forecast of China Elevator Revenues & Volume for the Period 2021- 2031
China Elevator Market Trend Evolution
China Elevator Market Drivers and Challenges
China Elevator Price Trends
China Elevator Porter's Five Forces
China Elevator Industry Life Cycle
Historical Data and Forecast of China Elevator Market Revenues & Volume By Product for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Hydraulic and Pneumatic for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Machine Room [MR] Traction for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Machine Room-Less [MRL] Traction for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Deck Type for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Single Deck for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Double Deck for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Application for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Passengers for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Freight for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Destination Control for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Smart for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Conventional for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Technology for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Traction elevator for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Machine room less traction elevator for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Hydraulic for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Installation for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By New Installation for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Maintenance for the Period 2021- 2031
Historical Data and Forecast of China Elevator Market Revenues & Volume By Modernization for the Period 2021- 2031
China Elevator Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Deck Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Destination Control
Market Opportunity Assessment By Technology
Market Opportunity Assessment By Installation
China Elevator Top Companies Market Share
China Elevator Competitive Benchmarking By Technical and Operational Parameters
China Elevator Company Profiles
China Elevator Key Strategic Recommendations

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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 China Elevator Market Overview

3.1 China Country Macro Economic Indicators

3.2 China Elevator Market Revenues & Volume, 2021 & 2031F

3.3 China Elevator Market - Industry Life Cycle

3.4 China Elevator Market - Porter's Five Forces

3.5 China Elevator Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 China Elevator Market Revenues & Volume Share, By Deck Type, 2021 & 2031F

3.7 China Elevator Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 China Elevator Market Revenues & Volume Share, By Destination Control, 2021 & 2031F

3.9 China Elevator Market Revenues & Volume Share, By Technology, 2021 & 2031F

3.10 China Elevator Market Revenues & Volume Share, By Installation, 2021 & 2031F

4 China Elevator Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Urbanization and rapid infrastructure development in China leading to increased demand for elevators in residential and commercial buildings.

4.2.2 Government initiatives promoting the use of energy-efficient and eco-friendly elevators to reduce carbon footprint.

4.2.3 Technological advancements in elevator systems enhancing safety, speed, and efficiency.

4.3 Market Restraints

4.3.1 Intense competition among elevator manufacturers leading to price wars and margin pressures.

4.3.2 Fluctuations in raw material prices impacting manufacturing costs and profitability.

4.3.3 Stringent regulations and standards in the industry increasing compliance costs for elevator companies.

5 China Elevator Market Trends

6 China Elevator Market, By Types

6.1 China Elevator Market, By Product

6.1.1 Overview and Analysis

6.1.2 China Elevator Market Revenues & Volume, By Product, 2021- 2031F

6.1.3 China Elevator Market Revenues & Volume, By Hydraulic and Pneumatic, 2021- 2031F

6.1.4 China Elevator Market Revenues & Volume, By Machine Room [MR] Traction, 2021- 2031F

6.1.5 China Elevator Market Revenues & Volume, By Machine Room-Less [MRL] Traction, 2021- 2031F

6.2 China Elevator Market, By Deck Type

6.2.1 Overview and Analysis

6.2.2 China Elevator Market Revenues & Volume, By Single Deck, 2021- 2031F

6.2.3 China Elevator Market Revenues & Volume, By Double Deck, 2021- 2031F

6.3 China Elevator Market, By Application

6.3.1 Overview and Analysis

6.3.2 China Elevator Market Revenues & Volume, By Passengers, 2021- 2031F

6.3.3 China Elevator Market Revenues & Volume, By Freight, 2021- 2031F

6.4 China Elevator Market, By Destination Control

6.4.1 Overview and Analysis

6.4.2 China Elevator Market Revenues & Volume, By Smart, 2021- 2031F

6.4.3 China Elevator Market Revenues & Volume, By Conventional, 2021- 2031F

6.5 China Elevator Market, By Technology

6.5.1 Overview and Analysis

6.5.2 China Elevator Market Revenues & Volume, By Traction elevator, 2021- 2031F

6.5.3 China Elevator Market Revenues & Volume, By Machine room less traction elevator, 2021- 2031F

6.5.4 China Elevator Market Revenues & Volume, By Hydraulic, 2021- 2031F

6.6 China Elevator Market, By Installation

6.6.1 Overview and Analysis

6.6.2 China Elevator Market Revenues & Volume, By New Installation, 2021- 2031F

6.6.3 China Elevator Market Revenues & Volume, By Maintenance, 2021- 2031F

6.6.4 China Elevator Market Revenues & Volume, By Modernization, 2021- 2031F

7 China Elevator Market Import-Export Trade Statistics

7.1 China Elevator Market Export to Major Countries

7.2 China Elevator Market Imports from Major Countries

8 China Elevator Market Key Performance Indicators

8.1 Average waiting time for elevators in high-rise buildings.

8.2 Adoption rate of smart elevator systems in new constructions.

8.3 Number of elevator maintenance contracts signed for preventive maintenance services.

8.4 Percentage of elevators equipped with energy-efficient features.

8.5 Customer satisfaction ratings related to elevator performance and service.

9 China Elevator Market - Opportunity Assessment

9.1 China Elevator Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 China Elevator Market Opportunity Assessment, By Deck Type, 2021 & 2031F

9.3 China Elevator Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 China Elevator Market Opportunity Assessment, By Destination Control, 2021 & 2031F

9.5 China Elevator Market Opportunity Assessment, By Technology, 2021 & 2031F

9.6 China Elevator Market Opportunity Assessment, By Installation, 2021 & 2031F

10 China Elevator Market - Competitive Landscape

10.1 China Elevator Market Revenue Share, By Companies, 2024

10.2 China Elevator Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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