In 2021, the size of the Chinese elevator market reached a value of 49.76 billion U.S. dollars. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of 3.35 percent from 2022 to 2027, reaching the size of 60.63 billion U.S. dollars in 2027.
Size of the elevator market in China in 2021, with a forecast through 2027
(in billion U.S. dollars)
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Mobility Foresights. (February 28, 2022). Size of the elevator market in China in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1365722/china-elevator-market-size/
Mobility Foresights. "Size of the elevator market in China in 2021, with a forecast through 2027 (in billion U.S. dollars)." Chart. February 28, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1365722/china-elevator-market-size/
Mobility Foresights. (2022). Size of the elevator market in China in 2021, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1365722/china-elevator-market-size/
Mobility Foresights. "Size of The Elevator Market in China in 2021, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2022, https://www.statista.com/statistics/1365722/china-elevator-market-size/
Mobility Foresights, Size of the elevator market in China in 2021, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1365722/china-elevator-market-size/ (last visited December 22, 2024)
Size of the elevator market in China in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, February 28, 2022. [Online]. Available: https://www.statista.com/statistics/1365722/china-elevator-market-size/