China is
the largest country in elevator's production sales volume and installation, the
annual sales volume of China's elevators approximately accounted for 50% of
world's sales volume, which primarily because the world's largest urbanization
with highest speed is carrying forward in China.
Currently,
the global well-known elevator enterprises have established sole or joint
venture enterprises in China. It is obvious to find out that aggregation effect
in China's elevator industry, seeing from industrial layout. The manufacturers
of elevator's overall units and parts are mainly located in Yangtze River
Delta, Pearl River Delta and Beijing-Tianjing-Hebei Region, and elevator parts
have already basically realized domestication, besides high-end elevators.
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In 2012,
the production of elevators totaled 529 thousand sets in China (include 57
thousand sets of escalators), which a net increase of 72 thousand sets compared
with 457 thousand sets in 2011, increased 15.8% year-on-year.
In 2012,
the export of elevators was 54.9 thousand sets, growth of 15.4% year-on-year;
domestic demand was 476 thousand sets, a year-on-year growth of 15.8%. The
continuous development of indemnificatory housing turned into the important
engine for steady-state growth in elevator industry in 2012.
As for
now, China elevator industry is undergoing the rapid development but it is far
from saturation condition, what's more, the process will continue many years
along with the process of urbanization and industrialization. But in terms of
elevator's development history in developed countries such as European and
American, the sales of elevator will decline after years of rapid growth in
China and elevator market is inclined to be saturated gradually, so the selling
profits of overall units will drop when the installation tend to be saturated.
Compared
with developed countries, China has a low installation base for every one
thousand person (about 0.7 sets/ one thousand people), so there is a great
demand market. But what need to be mentioned especially is that many dwelling
houses in European and American countries are low-raising buildings due to a
vast territory with a sparse population, so it is unnecessary to install
elevators, while most of houses for townsfolk in China are high-rise buildings
due to large population, so the demand for elevators are much more than that of
Europe and America.
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