With the rapid development of China's economy and the increasing construction of high-rise buildings, the elevator industry is also constantly developing. The new demand for elevators in China will continue to maintain a relatively stable growth in the future.
From the perspective of demand sources, it can be divided into:
1. Real estate and affordable housing construction;
2. The construction of public facilities in the process of new urbanization;
3. Update requirements and install elevators in old buildings;
4. The growth of exports, etc.
In 1980, China's elevator production was 2249 units, and in 2007 it reached 186000 units, which is 82 times that of 1980. In 2007, China's elevator production exceeded half of the global total. China has formed a strong global elevator production capacity and has become the world's factory and manufacturing center in the elevator field.
The rapid development of the economy and the continuous promotion of urbanization are the main driving forces for the growth of elevator demand. Regression analysis of historical data shows a high correlation between real estate investment and elevator demand. The growth rate of commercial real estate investment will slow down due to policy regulation, but the construction of 36 million affordable housing units during the 12th Five Year Plan period will increase the demand for elevators. At the same time, a large amount of public infrastructure construction, energy-saving renovation and replacement, and exports will all drive the production of elevators in China.
The development of the international status of the elevator industry in the future will be achieved and improved at an astonishing speed. The huge market demand and production have made China a global manufacturing and holding country. More and more industry enterprises are participating in international technical standards, exhibitions, forums and other activities, deepening their understanding of technology, standards and other aspects. From learners to active participants and practitioners, they have gained more international discourse power. The European Organization for Standardization is increasingly listening to China's suggestions and opinions.
