DUBLIN--(BUSINESS WIRE)--The "Global
and China Elevator Industry Report, 2018-2022" report has been
added to ResearchAndMarkets.com's offering.
In 2017, a total of 793,000 new elevators were sold globally, a slight
rise of 3% from a year earlier, thanks to the increased demand from
Asia-Pacific and Europe, bringing global elevator ownership to estimated
14.5 million units. It is predicted that in 2018 global new elevator
sales will sustain growth in the context that global economy is on a
steady rise, expectedly reaching 813,000 units with a year-on-year
increase of 2.5%.
Globally, most elevators are produced and
sold in Asia-Pacific region and China is the largest producer and
consumer of elevators. World-renowned elevator brands have set up their
either own companies or joint ventures in China, making the country a
center of global elevator production.
New elevator
market:
In 2017, around 480,000 elevators were sold in China, up 2.1% year on
year driven by the property market growth. Shanghai Mechanical &
Electrical Industry Co., Ltd., Guangzhou Guangri Stock Co., Ltd. and
Canny Elevator (except for players with smaller business scale, like
SJEC Corporation and Shenyang Yuanda Intellectual Industry Group) saw a
varied increase in new elevator sales, of which Shanghai Mechanical &
Electrical Industry Co., Ltd. reached the highest 75,600 units, a
year-on-year increase of 9.4%, a 15.8% share of the total.
Under
the impetus of urbanization, aging population, fast-growing urban rail
transit, enforcement of the policy for elevator installation in old
buildings as well as a growing number of old elevators to be replaced,
Chinese elevator market will continue to grow steadily in the next five
years, and till 2022 the sales of new elevators is anticipated to record
560,000 units.
Maintenance Market:
The ownership of elevators has been climbing in China year after year.
By the end of 2017, there had been a total of 4.8 million elevators in
China. Higher ownership has contributed to the robust elevator
maintenance business. Assuming the maintenance cost of RMB8,000/year for
each elevator, Chinese elevator maintenance market size now reaches
RMB38.4 billion and will fetch RMB52 billion by 2022.
At
present, Chinese elevator maintenance market is in a state of disorderly
competition. As the elevator maintenance is featured with high gross
margin and huge market space, Chinese and foreign brands attach great
importance to the development of the maintenance business, and they have
rushed into the maintenance market successively. In the future, Chinese
elevator maintenance market will be developing in an orderly and sound
way.
Key Topics Covered:
1. Overview of Elevator Industry
1.1 Definition
and Classification
1.2 Policy Environment
2.
Development of Global Elevator Industry
2.1 New Elevator
Market
2.1.1 Sales Volume
2.1.2 New Elevator Sales by Region
2.2
Maintenance Market
2.2.1 Elevator Ownership
2.2.2 Maintenance
Market Becomes a Major Growth Engine
2.3 Competitive Landscape
2.4
Development Mode
2.4.1 Two Modes
2.4.2 Business Development in
Asia Pacific
2.4.3 Global Expansion
3.
Development of China Elevator Industry
3.1 Product
Structure
3.2 New Elevator Market
3.2.1 Status Quo
3.2.2
Sales Volume
3.2.3 Sales Volume of Major Enterprises
3.2.4
Market Size of Newly-installed Elevators
3.3 Maintenance Market
3.3.1
Status Quo
3.3.2 Elevator Ownership
3.3.3 Maintenance Market
Size
3.3.4 Layout of Domestic Elevator Manufacturers in Maintenance
Market
3.3.5 Maintenance Business Comparison between Major
Enterprises
3.4 Import and Export
3.4.1 Import Tends to Decline
3.4.2
Export Grows Steadily
3.4.3 Import and Export Unit Price
3.5
Competitive Landscape
3.5.1 Layout of Foreign Brands in China
3.5.2
Financing of Local Enterprises
3.5.3 Operating Result Comparison
between Major Enterprises
3.6 Summary & Forecast
3.6.1 New
Elevator Keeps growing sales
3.6.2 Intelligent Manufacturing to
become transformation direction of elevator enterprises
3.6.3
Maintenance Service to realize industrialization
3.6.4 Industry
concentration to be enhanced further
4. Demand
of China Elevator Industry
4.1 Downstream Demand Structure
4.2
Demand Composition
4.3 Influencing Factors
4.3.1 Real Estate
Sector
4.3.2 Urbanization
4.3.3 Aging Population
4.3.4
Urban Rail Transit
4.3.5 Renewal and Upgrading of Old Elevators
5.
Key Elevator Companies in China
5.1 Shanghai Mechanical &
Electrical Industry Co., Ltd.
5.2 Guangzhou Guangri Stock Co., Ltd.
5.3
Canny Elevator Co., Ltd.
5.4 SJEC Corporation
5.5 Shenyang
Yuanda Intellectual Industry Group Co., Ltd.
5.6 Dongnan Elevator
Co., Ltd.
5.7 Shandong Bunse Elevator Co., Ltd.
5.8 Hunan
Sinda Elevator Co., Ltd.
5.9 Rhine Elevator
5.10 Shenlong
Elevator Co., Ltd.
6. Key Foreign Elevator Companies
6.1
Otis
6.2 Hitachi
6.3 Schindler
6.4 ThyssenKrupp
6.5
Toshiba
6.6 Fujitec
6.7 Kone
For more information about this report visit https://www.researchandmarkets.com/research/xs7r54/global_and_china?w=4
