Value space of the Chinese elevator industry

Update:28-04-2020
Summary:

At present, China is the world's largest elevator marke […]

At present, China is the world's largest elevator market and the most dynamic and potential market in the world. With the steady development of the Chinese market in 2019, the global share of China's elevator ownership will further increase.

"The supporting system will become more and more critical for elevator mainframe manufacturers." Some local Chinese core supporting manufacturers are showing stronger competitiveness, and even integrated into the global supply system of world giants; Machine manufacturers have established in-depth cooperation with local and even the world's leading core component brands, changing the former weak position in the priority supply of core components.

As more subdivided demand is discovered, the value space of the Chinese elevator industry will continue to increase in the future, and the pattern of the global elevator market will also be reshaped under the influence of Chinese elevator companies.