With the rapid development of economy and the deepening of urbanization, China's elevator industry is experiencing a period of rapid development. China elevator production has increased from 10300 in 1990 to 2010 in 365000, the compound annual growth rate of 19.5%, the domestic elevator only 37200 growth in demand from 2000 to 2010 in 329700, by the end of 2010, China's elevator ownership of more than 1.6 million units, as shown in the "China's elevator industry market demand forecast and investment opportunity analysis report.
The increasing competition in the elevator industry, large elevator merger integration between enterprises and capital operation, excellent domestic elevator manufacturing enterprises becomes more and more emphasis on industry market research, especially on the enterprise development environment and the further research of customer demand trends. Because of this, a large number of outstanding domestic elevator brands rise rapidly, gradually become the elevator industry leader!
The huge market space, making the industry become one of the industry of foreign capital into the early, the world's leading elevator companies have set up wholly owned or joint venture in China, these foreign brands to enter brought international technical standards for the industry, management concept and management mode, make domestic elevator quickly into the international ranks. Look from the industry layout, the domestic elevator industry cluster effect, the elevator machine and parts manufacturing base mainly concentrated in the Yangtze river delta, the pearl river delta region, in addition to high-end elevator parts, elevator parts has been basically achieved localization.