Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

13 Large Foreign Companies Occupying 74% of the Chinese Market for Elevators.


DUBLIN Dublin, city, Republic of Ireland
Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River.
, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c31756) has announced the addition of China's Elevator elevator, in machinery
elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships,
 Market Study 2005-2006 to their offering.

Currently, China has become the largest elevator market in the world. Since 1980s, along with the rapid development of economic construction, the demand for elevators in China increases accordingly. The general demand trend for elevators is ascending ascending /as·cend·ing/ (ah-send´ing) having an upward course.

ascending

progressing to higher levels, usually used in reference to the nervous system.
, but it also swung up and down in these 20 years. And now the elevator market has entered "The Third Tide". In 2004, the total output of elevators has reached 80,000 sets with an increasing trend. Since the founding of the People's Republic People's Republic
n.
A political organization founded and controlled by a national Communist party.
 of China in 1949, about 610,000 elevators have been installed. However, the elevator market is still far from saturation saturation, of an organic compound
saturation, of an organic compound, condition occurring when its molecules contain no double or triple bonds and thus cannot undergo addition reactions.
. Nowadays, China still needs another 700,000 sets to achieve the world's average level. By then, the number of elevators in China will reach 1.3 million sets with upgraded elevators of 60,000 sets every year. Therefore, such a huge market demand provides a wide stage for China's elevator industry.

The booming elevator market attracts all the famous elevator companies in the world. 13 large-scale solely foreign-funded enterprises, such as USA Otis, Switzerland Schindler, Finland Tone, Germany Thyssen, Japan Mitsubishi, Hitachi, Toshiba, Fujitec etc., have occupied about 74% of the market share in China. Although some excellent domestic elevator manufacturers, such as Suzhou Jiangnan, Shandong Best, Zhejiang Giant and Dongnan Hydraulic Elevator a lift operated by the weight or pressure of water.

See also: Hydraulic
 etc, may have the possibility to be extruded out of the market, the advanced technology and management of those foreign companies promote the development of domestic manufacturers. With strong production ability, the elevator industry in China can manufacture almost all the elevator products needed in domestic market, replacing most of the imported ones.

Now the elevator industry structure is improving. While the large foreign elevator companies are entering Chinese market, some excellent elevator accessory accessory, in criminal law, a person who, though not present at the commission of a crime, becomes a participator in the crime either before or after the fact of commission.  companies like Germany Wittler, Spain Sevilla have also established joint ventures in China, and some domestic accessory manufacturers developed rapidly such as Ningbo Xinda, Ningbo Shenling, Zhangjiagang Runfa, Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary.  Step and Shenyang Bluelight. At present, more and more elevator manufactures notice the importance of installation and maintenance; therefore, the duplicated construction for expanding production ability reduced, by contrary, the service network close to customers increased. This change improves the reliability of elevator usage, shorten (audio, compression) Shorten - A form of lossless audio compression.  the distance between enterprises and users and also establish the basis for enterprises' long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 development.

Nowadays, the technical level and product quality of domestic elevators are improving steadily. Since China entered ISO/TC 178, the international organization for standardization International Organization for Standardization (ISO)

Organization for determining standards in most technical and nontechnical fields. Founded in Geneva in 1947, its membership includes more than 100 countries.
, in 1985, the elevator industry in China successively adopted by equation or adopted by equivalent a series international standards and developed countries' standards. These high standards made the domestic elevator market own technical advantage. Due to these standards, some domestic manufacturers can master the latest technology to produce products, such as machine-roomless elevator, gearless driving machine, remote control technique etc. The domestic elevator has won more and more customers with high quality and low cost, creating advantages to enter international market gradually.

China's entry into WTO See World Trade Organization.  dedicates that in this economic globalization globalization

Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation
 period, all the members should eliminate discrimination barriers to trade, observe the same rules, provide customers right to freedom of choice and chance of fair competition. We should know that the entry into WTO provides convenience for elevator import and export. Because basically the large elevator companies in the world have established production bases in China, the exportation of elevator will have a promising future.

Topics Covered

Part one: Introduction and Development Environment of Elevator Industry

Chapter One: Introduction

- Chapter Two: Foreign Industry Development and Comparison between China and other countries

Part Two: Forecast of Industry Development

--Chapter Four: Lifecycle and Development Trend Analysis of Elevator Industry

--Chapter Five: Industry Demand Forecast and Development Trend Analysis of

--Chapter Six: Substitution Substitution
Arsinoë

put her own son in place of Orestes; her son was killed and Orestes was saved. [Gk. Myth.: Zimmerman, 32]

Barabbas

robber freed in Christ’s stead. [N.T.: Matthew 27:15–18; Swed. Lit.
 and Threat of Elevator Industry

Part Three: Market Pattern of Elevator Industry, 2005-2006

--Chapter Seven: Analysis on Capital Status of Elevator Industry

--Chapter Eight: Product Supply Structure of Elevator Industry

--Chapter Nine: Price Fluctuation Fluctuation

A price or interest rate change.
 and Forest

--Chapter Ten: Management Analysis of Elevator Enterprise

--Chapter Eleven: Import & Export Analysis of Elevator Industry

--Chapter Twelve: Regional Analysis of Elevator Industry

Part Four: Operation and Competition Analysis of Elevator Industry in 2006

--Chapter Thirteen: Core Competitiveness Analysis of Elevator Industry

--Chapter Fourteen: Competition Pattern Forecast of Elevator Industry

Part Five: Industry Development and Investment Suggestions, 2006

--Chapter Fifteen: Investment Opportunities of Elevator Industry

--Chapter Sixteen: Investment Risk of Elevator Industry

Selected figures and tables

Companies Mentioned

- Otis (USA) - Schindler (Switzerland) - Tone (Finland) - Thyssen (Germany) - Mitsubishi (Japan) - Hitachi - Toshiba - Fujitec - Suzhou Jiangnan - Shandong Best - Zhejiang Giant - Dongnan Hydraulic Elevator - Wittler (Germany) - Sevilla (Spain) - Ningbo Xinda - Ningbo Shenling - Zhangjiagang Runfa - Shanghai Step - Shenyang Bluelight

For more information visit http://www.researchandmarkets.com/reports/c31756
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 30, 2006
Words:796
Previous Article:The Number of Mobile Service Subscribers is Expected to Reach 39.4 Million in Korea by 2008.
Next Article:Genesys Conferencing Reports Q4 and 2005 Revenue.



Related Articles
Prime space is available at 1166 Avenue of the Americas.
Edward J. Minskoff Equities, Inc.
Would your products sell in China. (Eclectic Woodworking).
China: next big thing.
Chinese spy ring arrests are the tip of the iceberg.
Global competitiveness: identifying our challenges: a recent U.S. ITC investigation addressed domestic and global influences on U.S. metalcasters....
Borrower locks in early.
Meridian.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles