LONDON, Oct. 5, 2015 /PRNewswire/ -- The Chinese elevator
market has been characterized by the followings since 2014:
New elevator output sustained growth momentum but at a slower pace.
In 2014, China's elevator output
exceeded 700,000 sets, up about 12% from a year ago, compared with
a year-on-year growth rate of 18% in 2013. In spite of some impact
on elevator market caused by the country's macro-control on real
property, the implementation of new-style urbanization policies,
large-scale construction of indemnificatory housing and rapid
development of public transportation in medium and large cities in
China slowed the decline of
elevator sales in commercial housing market to a certain
extent.
As domestic elevator companies accelerated their presence in
service (repair & maintenance) business, the share of service
revenue continued to rise. Competition in domestic elevator
industry isnow shifting from technology and sales to network and
follow-up services. This can be confirmed by elevator companies'
proportion of service revenue. Shenyang Brilliant Elevator finds
the highest share, reaching 20.1% in 2014 compared with merely 9.1%
in 2010; Canny Elevator raised the proportion from 3.7% in 2010 to
8.5% in 2014, and had established 32 branch companies by the end of
2014, 22 of which had obtained the qualification for elevator
service.
Elevator exports increased continuously. Domestic elevator
companies will benefit from the strategy of "One Belt and One Road", further expanding export
scale. China's export of elevators
and escalators amounted to 68,900 sets in 2014, presenting a CAGR
of 13.1% during 2007-2014. The figures for the first quarter of
2015 were 16,793 sets, up 12.91% from a year ago.
Since 2014, while consolidating their primary businesses, Chinese
elevator companies have been extending to robot/intelligent
equipment/industry 4.0 fields.
Global and China Elevator Industry Report, 2015 highlights the
followings:
Market size, new elevator sales volume, service market, competitive
landscape and development mode of global elevator industry;
Competitive landscape of China
elevator industry, including business layout of foreign brands in
China and competition between
foreign and domestic brands;
Supply structure, new elevator output and service market of
China elevator industry;
Demand structure, demand and main influencing factors of
China elevator industry;
Value, volume and prices of imported and exported elevators in
China;
Product output and sales volume, operation, main projects and
orders of 7 global and 8 Chinese elevator manufacturers;
Development trend, output and export volume forecast of
China elevator industry.
Download the full report:
https://www.reportbuyer.com/product/1254433/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that
provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/global-and-china-elevator-industry-report-2015-300154541.html
SOURCE ReportBuyer