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Elevator

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OEM Elevator
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Overview

In 2023, the global elevator and escalator market was valued at USD 88.59 billion and is expected to grow at a CAGR of 7.0% over the next few years. Geographically the APAC region dominates this market, especially the China and India. The concentration of the global elevator industry is high, and the main market share is dominated by several large multinational companies.

Customer Value

Intelligent
Intelligent

The industry is moving towards intelligent and digitization, with the integration of IoT, AI, and big data technologies.

Low carbon
Low carbon

There is a growing focus on energy-saving technologies to reduce the carbon footprint of elevators and escalators.

Service-Oriented
Service-Oriented

As the elevator stock approaches saturation, service-type income becomes a significant part of the revenue

Personalization
Personalization

The industry is moving towards providing tailored solutions and services to meet specific needs.

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Solutions Architecture
architecture

Customer Story

industrial-oem-title-image-1 industrial-oem-title-image-1
A world-renowned elevator manufacturer collaboration in power distribution panel project

Are You Ready to Obtain a Elevator Solution

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