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Global and China Elevator Industry Report, 2018-2022
Author:sino    Source:Sino-report    Number of clicks :     Update time:2018-11-24 08:56
In 2017, a total of 793,000 new elevators were sold globally, a slight rise of 3% from a year earlier, thanks to the increased
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In 2017, a total of 793,000 new elevators were sold globally, a slight rise of 3% from a year earlier, thanks to the increased demand from Asia-Pacific and Europe, bringing global elevator ownership to estimated 14.5 million units. It is predicted that in 2018 global new elevator sales will sustain growth in the context that global economy is on a steady rise, expectedly reaching 813,000 units with a year-on-year increase of 2.5%.

Globally, most elevators are produced and sold in Asia-Pacific region and China is the largest producer and consumer of elevators. World-renowned elevator brands have set up their either own companies or joint ventures in China, making the country a center of global elevator production.

New elevator market:

In 2017, around 480,000 elevators were sold in China, up 2.1% year on year driven by the property market growth. Shanghai Mechanical & Electrical Industry Co., Ltd., Guangzhou Guangri Stock Co., Ltd. and Canny Elevator (except for players with smaller business scale, like SJEC Corporation and Shenyang Yuanda Intellectual Industry Group) saw a varied increase in new elevator sales, of which Shanghai Mechanical & Electrical Industry Co., Ltd. reached the highest 75,600 units, a year-on-year increase of 9.4%, a 15.8% share of the total.

Under the impetus of urbanization, aging population, fast-growing urban rail transit, enforcement of the policy for elevator installation in old buildings as well as a growing number of old elevators to be replaced, Chinese elevator market will continue to grow steadily in the next five years, and till 2022 the sales of new elevators is anticipated to record 560,000 units.

Maintenance Market:

The ownership of elevators has been climbing in China year after year. By the end of 2017, there had been a total of 4.8 million elevators in China. Higher ownership has contributed to the robust elevator maintenance business. Assuming the maintenance cost of RMB8,000/year for each elevator, Chinese elevator maintenance market size now reaches RMB38.4 billion and will fetch RMB52 billion by 2022.

At present, Chinese elevator maintenance market is in a state of disorderly competition. As the elevator maintenance is featured with high gross margin and huge market space, Chinese and foreign brands attach great importance to the development of the maintenance business, and they have rushed into the maintenance market successively. In the future, Chinese elevator maintenance market will be developing in an orderly and sound way.

Global and China Elevator Industry Report, 2018-2022 highlights the following:

Global elevator industry (new elevator market, maintenance market and competitive landscape);

China elevator industry (new elevator market, maintenance market, competitive pattern and development tendency);

Elevator demand in China (demand from downstream sectors, demand structure, factors influencing demand);

7 foreign and 10 Chinese companies (operation, elevator business, R&D and investments, development strategies, etc.)

TABLE OF CONTENTS

Table of Contents

1. Overview of Elevator Industry

  • 1.1 Definition and Classification
  • 1.2 Policy Environment

2. Development of Global Elevator Industry

  • 2.1 New Elevator Market
    • 2.1.1 Sales Volume
    • 2.1.2 New Elevator Sales by Region
  • 2.2 Maintenance Market
    • 2.2.1 Elevator Ownership
    • 2.2.2 Maintenance Market Becomes a Major Growth Engine
  • 2.3 Competitive Landscape
  • 2.4 Development Mode
    • 2.4.1 Two Modes
    • 2.4.2 Business Development in Asia Pacific
    • 2.4.3 Global Expansion

3. Development of China Elevator Industry

  • 3.1 Product Structure
  • 3.2 New Elevator Market
    • 3.2.1 Status Quo
    • 3.2.2 Sales Volume
    • 3.2.3 Sales Volume of Major Enterprises
    • 3.2.4 Market Size of Newly-installed Elevators
  • 3.3 Maintenance Market
    • 3.3.1 Status Quo
    • 3.3.2 Elevator Ownership
    • 3.3.3 Maintenance Market Size
    • 3.3.4 Layout of Domestic Elevator Manufacturers in Maintenance Market
    • 3.3.5 Maintenance Business Comparison between Major Enterprises
  • 3.4 Import and Export
    • 3.4.1 Import Tends to Decline
    • 3.4.2 Export Grows Steadily
    • 3.4.3 Import and Export Unit Price
  • 3.5 Competitive Landscape
    • 3.5.1 Layout of Foreign Brands in China
    • 3.5.2 Financing of Local Enterprises
    • 3.5.3 Operating Result Comparison between Major Enterprises
  • 3.6 Summary & Forecast
    • 3.6.1 New Elevator Keeps growing sales
    • 3.6.2 Intelligent Manufacturing to become transformation direction of elevator enterprises
    • 3.6.3 Maintenance Service to realize industrialization
    • 3.6.4 Industry concentration to be enhanced further

4. Demand of China Elevator Industry

  • 4.1 Downstream Demand Structure
  • 4.2 Demand Composition
  • 4.3 Influencing Factors
    • 4.3.1 Real Estate Sector
    • 4.3.2 Urbanization
    • 4.3.3 Aging Population
    • 4.3.4 Urban Rail Transit
    • 4.3.5 Renewal and Upgrading of Old Elevators

5. Key Elevator Companies in China

  • 5.1 Shanghai Mechanical & Electrical Industry Co., Ltd.
    • 5.1.1 Profile
    • 5.1.2 Operation
    • 5.1.3 Revenue Structure
    • 5.1.4 Gross Margin
    • 5.1.5 Elevator Business
    • 5.1.6 Shanghai Mitsubishi Elevator Co., Ltd.
    • 5.1.7 Mitsubishi Electric Shanghai Electric Elevator Co., Ltd.
    • 5.1.8 R&D Investment
    • 5.1.9 Development Strategy
  • 5.2 Guangzhou Guangri Stock Co., Ltd.
    • 5.2.1 Profile
    • 5.2.2 Operation
    • 5.2.3 Revenue Structure
    • 5.2.4 Gross Margin
    • 5.2.5 Elevator Business
    • 5.2.6 Guangri Elevator
    • 5.2.7 R&D Investment
    • 5.2.8 Development Strategy
  • 5.3 Canny Elevator Co., Ltd.
    • 5.3.1 Profile
    • 5.3.2 Operation
    • 5.3.3 Revenue Structure
    • 5.3.4 Gross Margin
    • 5.3.5 Elevator Business
    • 5.3.6 R&D Investment
    • 5.3.7 Development Strategy
  • 5.4 SJEC Corporation
    • 5.4.1 Profile
    • 5.4.2 Operation
    • 5.4.3 Revenue Structure
    • 5.4.4 Gross Margin
    • 5.4.5 Elevator Business
    • 5.4.6 Typical Projects
    • 5.4.7 R&D Investment
    • 5.4.8 Development Strategy
  • 5.5 Shenyang Yuanda Intellectual Industry Group Co., Ltd.
    • 5.5.1 Profile
    • 5.5.2 Operation
    • 5.5.3 Revenue Structure
    • 5.5.4 Gross Margin
    • 5.5.5 Elevator Business
    • 5.5.6 R&D Investment
    • 5.5.7 Development Strategy
  • 5.6 Dongnan Elevator Co., Ltd.
    • 5.6.1 Profile
    • 5.6.2 Operation
    • 5.6.3 Revenue Structure
    • 5.6.4 Gross Margin
    • 5.6.5 Major Customers
    • 5.6.6 Special Elevator Typical Projects
    • 5.6.7 Development Strategy
  • 5.7 Shandong Bunse Elevator Co., Ltd.
    • 5.7.1 Profile
    • 5.7.2 Operation
    • 5.7.3 Revenue Structure
    • 5.7.4 Gross Margin
    • 5.7.5 Major Customers
    • 5.7.6 Typical Projects
    • 5.7.7 R&D Investment
    • 5.7.8 Development Strategy
  • 5.8 Hunan Sinda Elevator Co., Ltd.
    • 5.8.1 Profile
    • 5.8.2 Operation
    • 5.8.3 Revenue Structure
    • 5.8.4 Gross Margin
    • 5.8.5 Major Customers
    • 5.8.6 Typical Projects
    • 5.8.7 R&D Investment
  • 5.9 Rhine Elevator
    • 5.9.1 Profile
    • 5.9.2 Operation
    • 5.9.3 Revenue Structure
    • 5.9.4 Gross Margin
    • 5.9.5 Major Customers
    • 5.9.6 R&D Investment
    • 5.9.7 Development Strategy
  • 5.10 Shenlong Elevator Co., Ltd.
    • 5.10.1 Profile
    • 5.10.2 Operation
    • 5.10.3 Revenue Structure
    • 5.10.4 Gross Margin
    • 5.10.5 Elevator Capacity, Output and Sales Volume
    • 5.10.6 Major Customers
    • 5.10.7 Typical Projects

6. Key Foreign Elevator Companies

  • 6.1 Otis
    • 6.1.1 Profile
    • 6.1.2 Operation
    • 6.1.3 Orders
    • 6.1.4 Development in China
    • 6.1.5 Otis Electric
    • 6.1.6 Elevator Orders of Otis Electric
  • 6.2 Hitachi
    • 6.2.1 Profile
    • 6.2.2 Operation
    • 6.2.3 Elevator Business
    • 6.2.4 Development in China
    • 6.2.5 Orders in China
  • 6.3 Schindler
    • 6.3.1 Profile
    • 6.3.2 Operation
    • 6.3.3 Orders
    • 6.3.4 Development in China
    • 6.3.5 Orders in China
  • 6.4 ThyssenKrupp
    • 6.4.1 Profile
    • 6.4.2 Operation
    • 6.4.3 Elevator Business
    • 6.4.4 Development in China
    • 6.4.5 Orders in China
  • 6.5 Toshiba
    • 6.5.1 Profile
    • 6.5.2 Operation
    • 6.5.3 Elevator Business
    • 6.5.4 Development in China
    • 6.5.5 Orders in China
  • 6.6 Fujitec
    • 6.6.1 Profile
    • 6.6.2 Operation
    • 6.6.3 Orders
    • 6.6.4 Development in China
  • 6.7 Kone
    • 6.7.1 Profile
    • 6.7.2 Operation
    • 6.7.3 Revenue Structure
    • 6.7.4 Development in China
    • 6.7.5 Orders in China

Selected Charts

  • Classification of Elevator Products
  • Main Components of Elevator
  • Laws and Regulations on Chinese Elevator Industry, 2000-2017
  • Policies on Chinese Elevator Industry, 2006-2018
  • Global Newly-Installed Elevator Sales Volume, 2010-2018
  • Global Newly-Installed Elevator Sales Volume by Region, 2010-2017
  • Global Newly-Installed Elevator Sales Volume Structure by Region, 2010-2017
  • Global Newly-Installed Elevator Sales Structure by Region, 2015-2017
  • Share of Global Newly-Installed Elevator Orders (by Region), 2004-2016
  • Elevator Ownership per 1000 People and Utilization Rate in Major Countries, 2010-2030E
  • Global Elevator Ownership, 2013-2022E
  • KONE's Maintenance Revenue as a Percentage of Total Revenue, 2005-2018
  • Global Elevator Market Share, 2017
  • Top 10 Countries of KONE's Revenue, 2017
  • KONE's M&A Cases and Their Influences
  • Schindler's M&A Cases
  • Structure of Elevator Product
  • Market Share of Medium/Low Speed Elevator Product in China, 2005-2017
  • China's Elevator Sales Volume, 2012-2017
  • Newly-installed Elevator Sales Volume of Major Chinese Elevator Enterprises, 2014-2017
  • Structure of China's Newly-installed Elevator Sales Volume (by Enterprise), 2017
  • Newly-installed Elevator Sales of Major Chinese Elevator Enterprises, 2015-2018
  • Market Size of Newly-installed Elevators in China, 2012-2017
  • Market Share of Newly-installed Elevators by Company, 2017
  • Elevator Ownership in China, 2015-2022E
  • Elevator Maintenance Market Size in China, 2015-2022E
  • Major Chinese Elevator Enterprises' Installation & Maintenance Revenue as a Percentage of Total Revenue, 2014-2018
  • China's Passenger Elevator/Escalator/Moving Walk Import Volume and Value, 2010-2015
  • Top 10 Countries by Passenger Elevator Import Volume in China, 2015
  • Top 10 Countries by Escalator/Moving Walk Import Volume in China, 2015
  • China's Passenger Elevator/Escalator/Moving Walk Export Volume and Value, 2010-2015
  • Top 10 Chinese Provinces by Passenger Elevator Export Volume, 2015
  • Top 10 Chinese Provinces by Escalator/Moving Walk Export Volume, 2015
  • Top 10 Countries by Passenger Elevator Export Volume in China, 2015
  • Top 10 Countries by Escalator/Moving Walk Export Volume in China, 2015
  • China's Passenger Elevator Import and Export Price, 2010-2015
  • China's Escalator/Moving Walk Import and Export Price, 2010-2015
  • Market Share of Elevator Industry in China (by Enterprise), 2017
  • Comparison between Chinese and International Enterprises in High Speed Elevator Layout
  • Layout of Major Foreign Elevator Brands in China
  • Developments of Foreign Elevator Enterprises in China, 2011-2018
  • Comparison of Revenue from Major Chinese Elevator Enterprises, 2013-2018
  • Comparison of Net Income from Major Chinese Elevator Enterprises, 2013-2018
  • Sales Volume of Newly-installed Elevators in China, 2017-2022E
  • Elevator Maintenance Service Layout of Major Chinese Elevator Companies
  • Elevator Downstream Demand Structure in China
  • Elevator Demand Market Components
  • Factors Influencing Elevator Demand Market Segments
  • Composition of Elevator Demand in China, 2017
  • Completed Investment in China's Real Estate Development, 2010-2018
  • Commercial Residential Building Sales Area in China, 2013-2018
  • Commercial Residential Building Sales in China, 2013-2018
  • Floor Space Newly Started in China, 2013-2018
  • Urbanization Rate in China, 2010-2017
  • Characteristics of Demand for Elevators under the New-type Urbanization
  • Proportion of Population Aged 60 or Above in China, 2010-2017
  • Total Operating Mileage of Urban Rail Transit in China, 2012-2017
  • Number of Elevators to Be Updated in China, 2010-2024E
  • Revenue and Net Income of Shanghai Mechanical & Electrical Industry, 2013-2018
  • Revenue Breakdown of Shanghai Mechanical & Electrical Industry (by Product), 2014-2018
  • Revenue Structure of Shanghai Mechanical & Electrical Industry (by Product), 2014-2018
  • Gross Margin of Shanghai Mechanical & Electrical Industry (by Product), 2014-2017
  • Output, Sales Volume and Inventory of Shanghai Mechanical & Electrical Industry, 2014-2017
  • Operating Performance of Shanghai Mitsubishi Elevator, 2014-2018
  • Installation & Maintenance Revenue of Shanghai Mitsubishi Elevator, 2014-2018
  • Major Orders of Shanghai Mitsubishi Elevator, 2018H1
  • Milestones in Development of Shanghai Mitsubishi Elevator
  • Operating Performance of Mitsubishi Electric Shanghai Electric Elevator, 2014-2018
  • R&D Costs and % of Total Revenue of Shanghai Mechanical & Electrical Industry, 2014-2018
  • Revenue and Net Income of Guangzhou Guangri Stock, 2013-2018
  • Revenue Breakdown of Guangzhou Guangri Stock (by Product), 2014-2017
  • Revenue Structure of Guangzhou Guangri Stock (by Product), 2014-2017
  • Revenue Breakdown of Guangzhou Guangri Stock (by Region), 2014-2017
  • Revenue Structure of Guangzhou Guangri Stock (by Region), 2014-2017
  • Gross Margin of Guangzhou Guangri Stock, 2014-2017
  • Gross Margin of Guangzhou Guangri Stock (by Product), 2014-2017
  • Typical Projects of Guangzhou Guangri Elevator Industry
  • Production and Sales of Guangzhou Guangri Stock, 2015-2017
  • Financial Indexes of Guangzhou Guangri Elevator Industry, 2014-2017
  • R&D Costs and % of Total Revenue of Guangzhou Guangri Stock, 2013-2018
  • Production Base Layout of Canny Elevator
  • Global Layout of Canny Elevator
  • Major Customers of Canny Elevator
  • Revenue and Net Income of Canny Elevator, 2013-2018
  • Revenue Breakdown of Canny Elevator (by Product), 2014-2018
  • Revenue Structure of Canny Elevator (by Product), 2014-2018
  • Revenue Breakdown of Canny Elevator (by Region), 2014-2018
  • Revenue Structure of Canny Elevator (by Region), 2014-2018
  • Gross Margin of Canny Elevator, 2014-2018
  • Gross Margin of Canny Elevator (by Product), 2014-2018
  • Major Products and Application Scope of Canny Elevator
  • Typical Projects of Canny Elevator
  • Output and Sales Volume, Inventory of Canny Elevator, 2014-2017
  • R&D Costs and % of Total Revenue of Canny Elevator, 2013-2018
  • Revenue and Net Income of SJEC Corporation, 2013-2017
  • Revenue Breakdown of SJEC Corporation (by Product), 2014-2017
  • Revenue Structure of SJEC Corporation (by Product), 2014-2017
  • Gross Margin of SJEC Corporation (by Product), 2014-2017
  • Production and Sales Volume, Inventory of SJEC Corporation (by Product), 2013-2017
  • Typical Projects of SJEC Corporation in China
  • Typical Overseas Projects of SJEC Corporation
  • R&D Costs of SJEC Corporation, 2014-2017
  • Revenue and Net Income of Shenyang Yuanda Intellectual Industry Group, 2013-2018
  • Revenue Breakdown of Shenyang Yuanda Intellectual Industry Group (by Product), 2014-2018
  • Revenue Structure of Shenyang Yuanda Intellectual Industry Group (by Product), 2014-2018
  • Gross Margin of Shenyang Yuanda Intellectual Industry Group, 2014-2018
  • Gross Margin of Shenyang Yuanda Intellectual Industry Group (by Product), 2014-2018
  • Typical Projects of Shenyang Yuanda Intellectual Industry Group
  • Production and Sales, Inventory of Shenyang Yuanda Intellectual Industry Group, 2014-2017
  • R&D Costs of Shenyang Yuanda Intellectual Industry Group, 2013-2018
  • Revenue and Net Income of Dongnan Elevator, 2013-2018
  • Revenue Breakdown of Dongnan Elevator (by Product), 2013-2018
  • Revenue Structure of Dongnan Elevator (by Product), 2013-2018
  • Gross Margin of Dongnan Elevator, 2013-2018
  • Dongnan Elevator's Revenue from Top 5 Customers, 2013-2017
  • Typical Projects for Special Elevators of Dongnan Elevator
  • Revenue and Net Income of Shandong Bunse Elevator, 2013-2018
  • Revenue Breakdown of Shandong Bunse Elevator (by Business), 2013-2017
  • Revenue Structure of Shandong Bunse Elevator (by Business), 2013-2017
  • Gross Margin of Shandong Bunse Elevator, 2013-2018
  • Top 5 Customers of Shandong Bunse Elevator, 2014-2017
  • Typical Projects of Shandong Bunse Elevator
  • R&D Costs of Shandong Bunse Elevator, 2013-2017
  • Revenue and Net Income of Hunan Sinda Elevator, 2013-2018
  • Revenue Breakdown of Hunan Sinda Elevator (by Business), 2013-2017
  • Revenue Structure of Hunan Sinda Elevator (by Business), 2013-2017
  • Gross Margin of Hunan Sinda Elevator, 2013-2018
  • Hunan Sinda Elevator's Revenue from Top 5 Customers, 2014-2017
  • Typical Projects of Hunan Sinda Elevator
  • R&D Costs and % of Total Revenue of Hunan Sinda Elevator, 2013-2017
  • Main Technologies of Rhine Elevator
  • Main Elevator Products of Rhine Elevator
  • Revenue and Net Income of Rhine Elevator, 2013-2018
  • Revenue Breakdown of Rhine Elevator (by Business), 2013-2017
  • Revenue Structure of Rhine Elevator (by Business), 2013-2017
  • Gross Margin of Rhine Elevator, 2013-2018
  • Revenue from Top 5 Customers of Rhine Elevator, 2013-2017
  • R&D Costs of Rhine Elevator, 2013-2017
  • Revenue and Net Income of Shenlong Elevator, 2012-2014
  • Revenue Breakdown of Shenlong Elevator (by Product), 2012-2014
  • Revenue Breakdown of Shenlong Elevator (by Region), 2012-2014
  • Revenue Structure of Shenlong Elevator (by Region), 2012-2014
  • Gross Profit of Shenlong Elevator (by Product), 2012-2014
  • Gross Margin of Shenlong Elevator (by Product), 2012-2014
  • Capacity of Shenlong Elevator, 2012-2014
  • Sales Volume of Shenlong Elevator (by Product), 2012-2014
  • Unit Product Price of Shenlong Elevator, 2012-2014
  • Top 5 Export Customers of Shenlong Elevator, 2012-2014
  • Top 5 Accessories Sales Customers of Shenlong Elevator, 2012-2014
  • Typical Overseas Projects of Shenlong Elevator
  • SkyRise Specifications of Otis
  • Otis SkyBuild Specifications
  • Business Distribution of Otis
  • Net Sales and Operating Profit of Otis, 2012-2017
  • Expansion Process of Otis in China
  • Major Elevator Orders for Otis in China, 2009-2018
  • Equity Structure of Otis Electric
  • Major Elevator and Escalator Products of Otis Electric
  • Financial Indices of Otis Electric, 2015-2017
  • Elevator Orders of Otis Electric, 2011-2018
  • Main Financial Indexes of Hitachi, FY2014-2018
  • Revenue Structure of Hitachi (by Region), FY2014-FY2018
  • Financial Indices of Hitachi (by Division), FY2017-FY2018
  • Financial Indices of Social Infrastructure & Industrial Systems Segment of Hitachi, FY2015-FY2017
  • Global Layout of Hitachi Elevators
  • Development History of Hitachi Elevators
  • Main Elevator Projects of Hitachi, FY2017
  • Profile of Hitachi Elevator (China)
  • Major Elevator Manufacturing Bases of Hitachi in China
  • Revenue and Net Income of Hitachi Elevator (China), 2011-2018
  • Main Elevator Orders of Hitachi in China, 2011-2018
  • Development History of Schindler
  • Global Footprint of Schindler
  • Market Capitalization of Schindler, 1981-2017
  • Major Products of Schindler
  • Performance of Schindler, 2013-2017
  • Revenue Structure of Schindler by Region, 2016-2017
  • Amount of Schindler's Undelivered Orders, 2011-2017
  • Structure of Schindler's Revenue and Undelivered Orders (by Region), 2005-2017
  • Future Significant Orders by Region of Schindler
  • Development Course of Schindler China
  • Main Orders of Schindler in China, 2015-2017
  • Order Amount and Sales of ThyssenKrupp, FY2014-FY2018
  • Order Amount of ThyssenKrupp (by Business), FY2014-FY2018
  • Sales of ThyssenKrupp (by Business), FY2014-FY2018
  • Elevator Order Amount and Sales of ThyssenKrupp Elevators, FY2014-FY2018
  • Development Course of ThyssenKrupp in China
  • Production Bases of ThyssenKrupp Elevator in China
  • Main Elevator Orders of ThyssenKrupp in China
  • Business Structure Change of Toshiba
  • Development History of Toshiba
  • Main Financial Indices of Toshiba, FY2016-FY2018
  • Revenue of Toshiba by Division, FY2016-FY2018
  • Development History of Toshiba Elevators
  • Main Elevator Projects of Toshiba
  • Main Escalator Projects of Toshiba
  • Global Layout of Fujitec
  • Main Financial Indexes of Fujitec, FY2014-FY2018
  • Net Sales of Fujitec (by Region), FY2014-FY2018
  • Net Sales of Fujitec (by Region), FY2019
  • Order Backlogs of Fujitec by Region, FY2014-FY2018
  • Main Elevator Projects of Fujitec
  • Layout of Fujitec in China
  • Main Elevator Projects of Fujitec in China
  • Global Business Distribution of KONE
  • Main Financial Indices of KONE, 2017-2018
  • Main Financial Indices of KONE, 2015-2017
  • Revenue Structure of KONE (by Region), 2016-2018
  • Revenue Structure of KONE (by Business), 2016-2018
  • Dominant Companies of KONE in China
  • Development History of KONE in China
  • Main Orders of KONE in China, 2016-2018

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Global HVAC Terminal Units Market 2018-2022

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