Industry Information

Analysis on the Development of China's Elevator Industry

2020-09-26

Elevator refers to a permanent transportation device that serves several specific floors in a building, and its car runs on at least two rows of rigid tracks perpendicular to the horizontal plane or with an inclination angle of less than 15° to the plumb line.

The output of my country's elevator industry has increased year by year. In 2019, the output of my country's elevators, escalators and elevators reached 1.173 million units, and the number of registered elevators reached 7.0975 million units.

The total import and export of elevators in my country fluctuates and changes, and the total export value is much higher than the total import value, maintaining a trade surplus status.

my country's passenger elevator exports have a strong momentum. In 2019, my country exported a total of 68,900 passenger elevators. As of January-April 2020, the total export value was 2.713 billion yuan.

The total export value of escalators and moving walks in my country has been decreasing year by year. As of January-April 2020, the total export value was 893 million yuan.

1. In 2019, the output of elevators, escalators and lifts in China exceeded one million units

During the period from 2015 to 2019, the output of my country's elevator industry increased year by year. In 2019, the output of elevators, escalators and elevators in my country reached 1.173 million units, a year-on-year increase of 63.1%. As of the first half of 2020, the output of elevators, escalators and lifts in China has reached 500,000 units.

2. In 2019, the number of elevator registrations in China exceeded 7 million units

Due to the rapid development of industries such as real estate and urban public infrastructure construction, China's newly installed elevator market has maintained rapid growth. During the period from 2015 to 2019, the number of elevator registrations in my country has increased year by year. In 2019, the number of elevator registrations in my country reached 7,097,500 units.

3. China's total export volume is much higher than its total import volume, maintaining a trade surplus status

From 2017 to 2019, my country's elevator import and export volume fluctuated and changed. In 2019, my country's elevator imports totaled 751 million yuan, and a total of 2,578 elevators were imported. From January to April 2020, my country's elevator imports totaled 246 million yuan, and a total of 694 units were imported; in 2019, my country's total elevator exports were 13.252 billion yuan, and a total of 87,300 elevators were exported. From January to April 2020, my country's total elevator exports were 3.606 billion yuan, and the export volume was 24,900 units.

4. China's passenger elevator exports have a strong momentum

my country's passenger elevator export momentum has been relatively strong. From 2017 to 2019, the export volume of passenger elevators in my country continued to rise. In 2019, my country exported a total of 68,900 passenger elevators, with a total export value of 9.792 billion yuan. From January to April 2020, my country exported a total of 20,400 passenger elevators, with a total export value of 2.713 billion yuan.

5. The total export value of escalators and moving walks is decreasing year by year

From 2017 to 2019, the total export value of escalators and moving walks in my country decreased year by year, and the number of exports fluctuated. In 2019, the total export volume of escalators and moving walks in my country was 3.46 billion yuan, and the number of exports reached 18,464 units. From January to April 2020, the total export volume of escalators and moving walks in my country was 893 million yuan, and the number of exports was 4,488.


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