The world's elevator production in2020

June 07,2021

According to the latest news from the Elevator Association, in 2020, the world's elevator production and sales will reach 1 million units, a growth rate of -23%, and the world's elevator ownership will reach 19.57 million units, a growth rate of 5%, and China's elevator production and sales will be 800,000 in 2020. The number of elevators in China has reached 7.8 million, and the number of escalators has reached 625,000. The number of escalators in use in the world has reached 1.37 million. The elevators in use in China account for nearly 40% of the elevators in use in the world. (39.86%), of which escalators account for nearly 50% (45.6%) of the world’s escalators.

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