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The Market Demand For The Three Major Opportunities Continues To Rise, And The “Platinum Era” Of The Elevator Industry Is Coming!
Oct 10, 2018

With the aging of the population, the installation of elevators in old buildings, the renovation of existing elevators, the construction of high-rise buildings and shopping malls, airports, scenic spots, subway stations, high-speed rail stations, airports and other public facilities, the demand for elevators is sharp. Increase, dependence is getting stronger and stronger.

At present, China has become the world's largest and fastest-growing elevator market. The number of elevators has increased from 285,000 at the end of 2001 to 4.94 million at the end of 2017, with an average annual growth rate of over 20%. According to public data, the scale of China's elevator industry reached 300 billion yuan in 2017, an increase of 16%, and the total profit was about 27.4 billion yuan, an increase of 19%.

Opportunity Market 1: High-rise residential and affordable housing stabilize the traditional elevator demand market


As the most important downstream industry in the elevator industry, the prosperity of the real estate industry is closely related to the sales volume of new elevators. With the acceleration of urbanization construction and the liberalization of the second-child policy, “just-needed” is still an important factor in stimulating real estate growth. The demand for elevators in China will continue to grow rapidly in the long run.


By the end of 2015, the national urban security housing project has started to exceed 32.30 million sets, which means that 36 million sets of affordable housing construction plans will exceed 10% during the “Twelfth Five-Year Plan” period. Assuming that each set of affordable housing is 60 square meters and the elevator density is 2 sets per 10,000 square meters, during the “Twelfth Five-Year Plan” period, China’s affordable housing will drive at least 500,000 new elevators, an average of 100,000 units per year, forming 20 billion to 40 billion market size.


Opportunity Market 2: Rapid Development of Metro High-speed Rail Airport Brings Unprecedented Development Opportunities to Inclined Elevators


In recent years, the ground transportation in most cities in China has become increasingly congested and overwhelmed. The development of public rail transit has become an effective way to solve this problem. According to the "Notice of the State Council on Strengthening the Management of Urban Rapid Rail Transit Construction" issued in 2003, the city that declares the development of subways should have a population of more than 3 million people, and the general budget of local finances should be more than 10 billion yuan, and the gross domestic product will reach More than 100 billion yuan, the passenger flow of the planned route has reached more than 30,000 people in one-way peak hours. According to this regulation, many cities in China have met the standards for building subways. There are currently 49 cities under construction in the subway. These will form a strong support for the elevator market.


Opportunity Market 3: The scenic spot, the special-shaped building, and the mountain villa market are promising


The vertical elevator capacity is limited, and the ordinary escalator has high space requirements. Alien buildings, mountain villas, scenic spots... Their transportation needs are urgent, who will satisfy them? In provinces with developed eco-tourism such as Sichuan, Yunnan, Guizhou, Shandong, and Anhui, if manufacturers can provide suitable solutions for scenic spots and public transportation, they can not only help the scenic spots and the public to solve barrier-free access problems, but also become scenic spots. Another big income-generating feature, many things that benefit, why not learn more?


The upcoming "Platinum Era" belongs to elevator companies and agents with good business capability and brand awareness, sustainable development capability and strategic development vision.


The elevator "Platinum Era" is coming! are you ready?


Tags: elevator elevator industry elevator development elevator installation elevator agent elevator enterprise elevator brand

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