What are the three factors that promote the development of the elevator industry?

Update:26-03-2021
Summary:

Support of domestic industrial policy The elevator indu […]

Support of domestic industrial policy

The elevator industry belongs to the equipment manufacturing industry. According to the "Industrial Structure Adjustment Guidance Catalogue (2007)" and other documents issued in China, the equipment manufacturing industry is one of the key areas to be encouraged in the country. One of the key industries in the Plan.Elevator suppliers

   During the "Tenth Five-Year Plan" period, driven by the rapid growth of the national economy, the elevator industry has made considerable progress. In the future, the development of the elevator industry will focus on technological upgrading and product structure adjustment. The "Eleventh Five-Year Plan Outline" clearly stated that in the equipment manufacturing industry, efforts should be made to break through core technologies, improve the overall level of major technical equipment R&D and design, and accelerate the promotion of high-tech industries from processing and assembling to independent R&D and manufacturing. Many domestic supporting industrial policies and measures have promoted the rapid development of elevators and other equipment manufacturing industries and the improvement of the technical level of independent brands.

From the perspective of industrial development policies, the current domestic guiding ideology for the elevator industry is to carry out structural adjustments, increase investment in high-tech and independent research and development of elevator products, expand product series, increase production scale, improve product quality, and form a clear scale. Benefits, and cultivate the international competitiveness of enterprises. This will accelerate the asset integration process of the domestic elevator industry, "survival of the fittest", and promote the further development and growth of domestic elevator companies with independent innovation advantages, scale advantages, manufacturing process advantages, market network advantages, and sound installation and maintenance systems.

The sustained development of my country's urbanization and industrialization process

   As a special equipment of mechanical and electrical integration, elevators are mainly used in industries such as real estate, commercial service facilities and urban infrastructure construction. The domestic macroeconomic policies and social fixed asset investment have a greater impact. Although the foundation for the recovery of the world economy after the outbreak of the financial crisis in 2008 is still very fragile, especially with the continuous introduction of new domestic policies to regulate real estate prices in 2010, with the gradual emergence of the above-mentioned policy effects, the external environment facing my country's elevator industry is still relatively complex. However, my country's industrialization and urbanization are still strong, and the scale of social fixed asset investment and infrastructure investment is very large. In particular, the two-year economic stimulus plan announced by the Chinese government in November 2008 with a total investment of 4 trillion yuan. In the next few years, the government will stimulate sustained and stable economic development by stimulating domestic demand. In the plan to stimulate domestic demand, the demand for elevators in the construction of large-scale public projects, affordable housing, low-rent housing and public facilities will increase significantly; and with the long-term growth of my country’s macroeconomics, the improvement of people’s living standards and the city’s With the acceleration of the process of industrialization, this demand will continue to grow. Therefore, in the long run, the continuous development of my country's urbanization and industrialization process will drive the rapid development of elevator market demand.

Huge domestic market demand

   The number of elevators per capita is an important indicator of the level of urbanization. The number of elevators per capita in my country was only 2 units per 10,000 people in 1990, and reached 86,000 units per 10,000 people in 2008, with a compound annual growth rate of 20%. Although the number of elevators per capita is growing rapidly, my country's current per capita elevator ownership is only half of the world average.

 

 

As a China most popular Safe elevator company and Best elevator manufacturers,TENAU ELEVATOR (CHINA) Co., Ltd., located in Huzhou City, Zhejiang Province, is a wholly–owned investment company by SUZHOU DIAO Elevator Co., Ltd. in 2012, which is specially aimed at the overseas market. TENAU is close to Shanghai, only one hour away by car.

 

 

 

 

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