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Suzhou Stable Trade Co., Ltd

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Suzhou Stable Trade Co., Ltd

[Jiangsu,China]

Business Type:Manufacturer , Trade Company

Main Markets: Africa , Americas , Asia , Middle East , Other Markets

Exporter:81% - 90%

Certs:ISO14001, ISO9001, CE, EMC, TUV, OHSAS18001, CB, CCC, Test Report

Suzhou Stable Trade Co., Ltd

Home> News> The Rectification markets for elevators are hot and Chinese and foreign manufacturers have accelerated their layout

November 10, 2022

The Rectification markets for elevators are hot and Chinese and foreign manufacturers have accelerated their layout

"This year's elevator upgrade projects have increased by more than 50% compared to the same period last year." According to Xu Junjie, general manager of the engineering headquarters of Hitachi Elevator (China) Co., Ltd., after more than 15 years of use of elevators, the operating performance has dropped significantly, and elevators began to be popularized in China in the 90s of the last century, that is to say, China has entered an intensive period of old elevator upgrading, "the old elevator transformation market is developing rapidly."

According to data from the China Elevator Association, by the end of 2021, the number of elevators in China was 8.447 million units, a year-on-year increase of 5.6%; It is estimated that by 2030, the number of elevators will reach 2.74 million. The "old elevator renewal" and "old elevator transformation" market has driven the rapid development of the elevator stock market, and has also attracted competition from Chinese and foreign elevator giants.

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