The Rectification markets for elevators are hot and Chinese and foreign manufacturers have accelerated their layout
2022 11/10
According to data from the China Elevator Association, by the end of 2021, the number of elevators in China was 8.447 million units, a year-on-year increase of 5.6%; It is estimated that by 2030, the number of elevators will reach 2.74 million. The "old elevator renewal" and "old elevator transformation" market has driven the rapid development of the elevator stock market, and has also attracted competition from Chinese and foreign elevator giants.

