In the future, the new demand for elevators in China will ma

　　With the continuous development of China's economy, it is expected that the new demand for elevators in China will maintain a relatively stable growth in the future. From the perspective of demand sources, it can be divided into: the construction of real estate and security housing; the construction of public facilities in the process of new urbanization; the demand for renewal and the installation of elevators in old buildings; the growth of exports, etc.

　　In recent years, with the rapid development of subway, station, airport, wharf and other public transport facilities in China, elevators, escalators, moving sidewalks (collectively referred to as elevators) and other special equipment are widely used in the field of public transport, and become indispensable equipment for people's daily travel. At the same time, with the rapid development of economy and the deepening of urbanization, China's elevator industry is also experiencing a high-speed development period.

　　China's elevator production increased from 10300 units in 1990 to 630000 units in 2013, with an annual compound growth rate of nearly 20%. The domestic elevator demand increased from only 37200 units in 2000 to 650000 units in 2013. By the end of 2013, China's elevator ownership reached 3.045 million units, which has become the real largest country in production, sales and retention.

　　Elevator safety is not only related to product quality, but also to installation and maintenance. One third of the world's elevators and escalators have been in service for more than 20 years. In the past 10 years, elevator and escalator technology has developed rapidly. Some new functions that could not be realized in the past have been realized recently. Modern renovation technology can achieve rapid upgrading.

　　More than 2 / 3 of the global elevator upgrading market is concentrated in Europe and the United States, with an annual growth rate of about 10%. Under the general trend of the growth of elevator ownership and the slowdown of new demand growth, the future demand for maintenance and upgrading is expected to become an important part of the elevator market.

　　According to the 2014-2018 Market Research Report of China's elevator industry, China's population base is relatively large. Despite the rapid growth of elevator production, China's elevator market demand is far from saturation. The per capita ownership of elevators in use in China is still only half of the world average level, compared with developed countries, it is only 1 / 10-1 / 20. With the gradual recovery of China's economy and the acceleration of China's urbanization construction, China will still be the world's largest elevator market for a long time to come. It is predicted that by 2015, China's elevator output is expected to exceed 750000 sets / year, and its growth rate is conservatively predicted to be about 20%.