Research on China Elevator Industry, 2013-2017

Published: May, 2013 | Pages: 78 | Publisher: Huidian Research
Industry: Construction | Report Format: Electronic (PDF)

In China, elevator production grew at around 15.5% year-on-year, totaling to approximately 530 thousand sets, in 2012, (including 58 thousand sets of escalators). The steady growth can attributed to the development of indemnificatory housing being converted into engines for steady-state growth of the industry.

China held around 50% of the world’s sale volume. This was primarily due to the world’s largest urbanization. It is the largest country in the production and consumption of elevators.

China elevator market is currently going through rapid development. Growing geriatric population, divorce, urbanization, and industrialization can still drive market growth in the coming years.

Government of China is pushing for the urbanization of 60% of the nation by 2020. This will urbanize around 1.5 billion population impelling market China elevator market.

Moreover, growing number of divorces is also nudging people into living in separate lodgings in apartments; this can propel market growth in the coming years.

Frequent elevator accidents, rigid government rules regarding the minimum floor requirement for lifts, and decelerating real estate market led to the decline of China’s elevator industry, in 2015. It is expected to continue sluggishly drop in 2016. The global China elevator market is split into end-users, and regions.

End-users consist of Nonresidential Buildings, Residential buildings, and non building settings. Nonresidential buildings include government & instructional facilities, industrial facilities, lodging & other commercial buildings, offices, retail establishments, and transportation facilities.

Regions include Central-North, Central-South, Central-East, North-East, South-East, and South-West China. An increase in escalator and elevator exports can be attributed to Zhejiang and Jiangsu provinces.

China’s elevator and escalator exports accounted for around 69,000 sets in 2014. It grew at a CAGR of over 13% between 2007 and 2014.

Jiangsu held nearly 49% of total export volume, which is equivalent to around 26000. Of which about 7,000 were escalators.

Major market players worldwide are Suzuki Elevator (China) Co., Ltd., Hitachi Elevator (China) Co., Ltd., Otis Elevator (China) Investment Co., Ltd., Suzhou LARSSON Elevator Co., Ltd, and Hitachi Elevator (China) Co., Ltd.

Key Chinese elevator companies are Canny Elevator Co., Ltd., Guangzhou Guangri Stock Co., Ltd., Shanghai Mitsubishi Elevator Co., Ltd, and Shenlong Elevator Co., Ltd., Dongnan Elevator Co., Ltd.

 Table of Contents

1. Overview of Elevator Industry
1.1Overview of Elevators
1.2 Industry Attributes and Profitability
1.3 Laws and Regulations and Policy

2. Competitive Landscape of China Elevator Industry
2.1 Competitive Landscape of China Elevator Industry
2.2 Competition of Low-End Elevators and Escalators Market. 
2.3 Brand Competition of China Small-Size Private Enterprises
2.4 Future Competitive Situation
 
3. Operation State Quo of China Elevator Market
3.1 Production and Sales of China Elevator Market, 2011-2012
3.2 Installation and Maintenance Market in 2012

4. Demand of China Elevators Drives Factor Study
4.1 Analysis on Elevators Installation at Home and Overseas
4.2 Indemnificatory Housing Becomes New Growth Point
4.3 New-Type Urbanization
4.4 Communal Facilities Construction Drives the Demand of Elevators
4.5 Renovation and Energy Conservation Enter Five-Year Rapid Growth Period
4.6 Old Buildings Have a Great Potential for Installing Elevators

5. Status Quo of Import and Export in China Elevator Industry
5.1 Import and Export Data
5.2 Market Analysis and Forecast of China's Elevators

6. Key Enterprises in China
6.1 Shanghai Mitsubishi Elevator
6.1.1 Company Profile
6.1.2 Core Competitiveness
6.1.3 Business Performance
6.1.4 Elevator Order
6.2 Guangzhou Guangri Stock Co., Ltd. 
6.2.1 Company Profile
6.2.2 Business Performance
6.2.3 Revenue
6.2.4 Core Competitiveness
6.2.5 Industry Chain Layout
6.3 Canny Elevator Co., Ltd.
6.3.1 Company Profile
6.3.2 Business Performance
6.3.3 Revenue
6.3.4 Product Competitiveness
6.3.5 R&D and Investment
6.3.6 Elevator Order
6.4 SJEC Corporation
6.4.1 Company Profile
6.4.2 Business Performance
6.4.3 Revenue
6.4.4 Product Competitiveness
6.4.5 R&D and Investment
6.4.6 Suppliers and Customers
6.4.7 Elevator Order
6.4.8 Company's Strategy 
6.5 Shenyang Brilliant Elevator Co., Ltd.
6.5.1 Company Profile
6.5.2 Business Performance
6.5.3 Revenue
6.5.4 Product Competitiveness
6.5.5 R&D and Investment
6.5.6 Suppliers and Customers
6.5.7 Production Sales Volume
6.5.8 Development Strategy
6.6 Dongnan Elevator Co., Ltd.
6.7 Shenlong Elevator Co., Ltd.
6.8 Hangzhou Xinma Elevator Co., Ltd.

7. Investment Risk and Trend of China Elevator Industry
7.1 Investment Barriers
7.1.1 Technical Barrier
7.1.2 Capital Barrier
7.1.3 Sales and Service Network Barrier
7.1.4 Qualification License Barrier
7.2 Development Trend of Market Demand 
7.2.1 Urbanization New Economic Growth Point
7.2.2 Indemnificatory Housing Construction Will Expand Market Demand
7.2.3 Public Transportation and Other Infrastructures Provide a Broad Market
7.3 Technologies Development Trend
7.4 Views from Experts in This Industry