Global and China Elevator Industry Report 2014 Now Available at ChinaMarketResearchReports.com

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Elevator Industry

Elevator Industry

Dallas, TX (PRWEB) August 07, 2014

The accelerating urbanization, large-scale construction of indemnificatory housing and rapid development of public transportation in large and medium-sized cities in China slow the decline of elevator sales in commercial housing market to a certain extent. Since 2013, China elevator industry has kept a rapid growth momentum, with the output numbering 625,000 sets, up 18.15% year on year, registering a CAGR of 22.52% over the past decade (2003-2013).

China elevator industry characterized the followings during 2013-2014:
Local elevator brands grabbed more market share. By virtue of stable layout in medium- to low-end markets and financing via IPOs in capital market, China's domestic elevator brands swept more and more market shares year after year, from about 20% in 2000 to 45% in 2013.

Thanks to steady growth of market demand, listed elevator companies experienced remarkable growth in performance. Except Shenyang Brilliant Elevator Co., Ltd., major local Chinese elevator companies saw approximate 20% increase in their revenue during 2013-2014, with the growth rate of net income outpacing that of revenue. Guangzhou Guangri Stock Co., Ltd. stood out from its peers, earning revenue of RMB 846 million, up 19.35% from a year earlier, and net income of RMB 90 million, a year-on-year jump of 31.87% in Q1 2014.

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Elevator manufacturers earned more money from maintenance service. In recent years, local elevator companies have been actively expanding production, and the revenue from maintenance service has been climbing slowly at the same time. Among major local elevator players, Shenyang Brilliant Elevator Co., Ltd. now enjoys the highest maintenance revenue proportion. In 2013, the company earned revenue of RMB 280 million from maintenance service, rising by 31.4% year on year and accounting for 16.9% of its total revenue, compared with 9.1% in 2010.

The concentration ratio of elevator industry is likely to rise further in future. The Special Equipment Safety Law of People's Republic of China (Repair & Maintenance Policy) took effect nationwide in January 2014; the Notice on Strengthening the Work of Elevator Manufacturing, Installation, Transformation License and Type Test (policy on test tower) was introduced across the country on April 30, 2014. The implementation of the two policies will improve the thresholds for accession into the elevator industry, and speed up industry concentration, especially among domestic brands.

Complete report is available at http://www.chinamarketresearchreports.com/114880.html.

Global and China Elevator Industry Report, 2014 focuses on the following aspects:

  •     Status quo of global elevator industry development, competitive landscape of companies and maintenance market;
  •     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 maintenance 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.

Few Points from Table of Contents

7 Key Elevator Companies Worldwide
7.1 Otis
7.2 Hitachi
7.3 KONE
7.4 Schindler
7.5 Thyssen Krupp
7.6 Toshiba
7.7 Fujitec

8 Key Elevator Companies in China
8.1 Shanghai Mitsubishi Elevator Co., Ltd.
8.2 Guangzhou Guangri Stock Co., Ltd.
8.3 Canny Elevator Co., Ltd.
8.4 SJEC Corporation
8.5 Shenyang Brilliant Elevator Co., Ltd.
8.6 Shenlong Elevator Co., Ltd.
8.7 Dongnan Elevator (DNDT)
8.8 Hangzhou Xinma Elevator Co., Ltd.

List of Charts

Classification of Elevator Products
Laws and Regulations on China Elevator Industry, 2000-2014
Policies Concerning China Elevator Industry, 2006-2013
Elevator Testing Tower Projects in China
Global Elevators in Operation (by Region/Country), 2013
Sales Units of Elevator in the World (by Region), 2010-2013
Sales Volume of New Elevators in BRIC Countries and the Rest of World, 2004-2020E
Global Elevator Market Share, 2013
Proportion of Service Revenue to Total Revenue of KONE, 2005-2014
Layout of Eight Foreign Elevator Brands in China
Market Share of Foreign and Domestic Brands in Chinese Elevator Market, 2013
Competitive Landscape of China Elevator Market, 2013
Market Share of Foreign Brands in China, 2013
Layout of Foreign Elevator Brands in China, 2011-2014
Market Share of Domestic Brands in China, 2013
Major Listed Chinese Elevator Companies’ Revenue and Year-on-Year Growth, 2013-2014
Major Listed Chinese Elevator Companies’ Net Income and Year-on-Year Growth, 2013-2014
Major Listed Chinese Elevator Companies’ Revenue from Service Segment and Year-on-Year Growth, 2013
Elevator Product Structure

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