Company News

Nidec Ultra-Thin Machine Retrofit Solution

Elevators are special equipment with a defined service life and lifecycle. After decades of development, the renewal and retrofitting of elevator equipment has become increasingly prevalent. To maintain or enhance elevator speed and quality through retrofitting, we offer a variety of solutions.

The modular single teeth winding for stator，sets a new standard for high-efficient production

Quality Activity Between Nidec Elevator Traction Machine China and Indian

Incredible India! A Brief Look at the Indian Elevator Market

Second only to China, India has grown into the world’s second-largest market for elevators and escalators. New elevator installations in India are projected to hit 80,000 to 100,000 units in 2025–2026, accounting for over 9% of global total demand. Over the next decade, India’s elevator market will keep expanding at a compound annual growth rate (CAGR) of around 9.9%, with its market size expected to surpass USD 2.868 billion by 2030. Accelerated urbanization, ongoing metro network construction and the continuous expansion of commercial buildings jointly fuel steady growth in market demand.