With the continuous development of China's economy, infrastructure and building use are changing with each passing day. At present, the number of in-service elevators in China has exceeded 10 million, with a growth rate of 9.6% compared to the same period. The market size is about 508.9 billion yuan. It is expected that the elevator industry will maintain double-digit growth in the next five years, and the demand for replacement and renewal in the stock market will develop rapidly. It is expected that by 2027, the market size of the elevator industry in China is expected to reach 709.0 billion yuan, with an average annual compound growth rate of about 6.7%.
Under the circumstance, the 16th World Elevator & Escalator Expo will be held from May 8th to 11th, 2024 at the National Convention and Exhibition Center (Shanghai). This exhibition will present a brand-new, multi-dimensional and high-quality way to lead the industry to improve and upgrade, promote in-depth interconnection in the industry, give full play to the platform advantages, resource advantages and policy advantages, promote the new development of the market in the elevator field, and bring a high-standard event to the industry!
Organizing Committee of World Elevator & Escalator Exhibition
August 16th, 2023
DouYin
