Development of Chinese elevator industry

After 30 years of development,China's elevator industry has become an indispensable part of the modern society. It played an irreplaceable role to improve the people's quality of life and achieve the policy "energy-saving land-saving" of China's construction industry.

Cause the close relationship between elevator and safety of daily life,it has been defined as special equipment by our country for many years.And its development has always been concerned by the government and the people.

As one of the earliest industries in China's opening up to the outside world,foreign brand monopoly market share has been more than 95% .But in recent years, a number of Chinese elevator companies began to rise, changing the pattern of the elevator market.At present, China has become the main battlefield of the global elevator giants competition.China elevator industry is facing reshuffle of the industry, the national brands should use the support of the national policy, the capital market to support or any other aspects of favorable factors  to win more market.

At the beginning of Chinese economic reform, In view of the fact that lack of both capital and technology, the country decided to introduce foreign capital, so the elevator industry become the first foreign investment in China.From 1980,Tianjin elevator factory, Shanghai elevator factory, Shenyang elevator factory and other large domestic elevator enterprises, all joint venture with  foreign brands such as Otis,MITSUBISHI.At present, the international elevator market is mostly monopolized by Otis, KONE,Schindler,thyssenkrupp,MITSUBISHI, Toshiba, Hitachi, Fujitec.Their sales and service outlets throughout all big cities over the world, and their sales accounted for more than 90% of the global total sales.

China has now become the world's largest elevator consumer market, the huge demand has attracted all the world famous elevator companies to invest in China.China also provide a fair competitive mechanism for those world's most competitive elevator companies.

Foreign brands elevator whether choose well-known local elevator companies as partners, or build their won world-class factories and a lot of them have transferred their own production center and R & D center to China.These famous foreign elevator enterprises have monopolized the Chinese elevator market more than 70% of the share for a long time.

According to the report from China Elevator Association statistics,by 2010,foreign elevator enterprises sole proprietorship or joint venture have monopolized the Chinese elevator market more than 70% of the share,Imports accounted for 1% of the market share ,and local elevator elevator enterprises the rest 29%.

Since last century, 90s, a large number of private enterprises began to intervene in the elevator industry.They do matching from foreign companies or joint ventures with foreign enterprises, continuous learning in the production process and digestion technology, brought from foreign enterprises in the international technical standards, installation and maintenance system and management system etc.,The Independent Chinese elevator brand improved their technology, quality, management, services, and quickly entered the ranks of internationalization.and gradually developed into occupied a certain market share, began to break the monopoly of foreign brands.

As the industrial layout ,China elevator machine and parts manufacturing is concentrated in the Yangtze River Delta, the Pearl River Delta region.Elevator production in the Yangtze River Delta region accounted for more than 60% of the country.