DALLAS, January 14, 2015 /PRNewswire/ --
RnRMarketResearch.com adds latest elevator market research reports on global and Chinese industry to its store. The China elevator industry saw the following highlights during the review period of 2013-2014:
Local elevator brands grabbed more market share. By virtue of stable layout in medium to low-end markets and financing via IPOs in capital market, China's domestic elevator brands swept more and more market shares year after year, from about 20% in 2000 to 45% in 2013.
Thanks to steady growth of market demand, listed elevator companies experienced remarkable growth in performance. Except Shenyang Brilliant Elevator Co., Ltd., major local Chinese elevator companies saw approximate 20% increase in their revenue during 2013-2014, with the growth rate of net income outpacing that of revenue. Guangzhou Guangri Stock Co., Ltd. stood out from its peers, earning revenue of RMB 846 million, up 19.35% from a year earlier, and net income of RMB 90 million, a year-on-year jump of 31.87% in Q1 2014.
Place a direct purchase order of this report (Global and China Elevator Industry Report, 2014) at http://www.rnrmarketresearch.com/contacts/purchase?rname=203410 .
Elevator manufacturers earned more money from maintenance service. In recent years, local elevator companies have been actively expanding production, and the revenue from maintenance service has been climbing slowly at the same time. Among major local elevator players, Shenyang Brilliant Elevator Co., Ltd. now enjoys the highest maintenance revenue proportion. In 2013, the company earned revenue of RMB 280 million from maintenance service, rising by 31.4% year on year and accounting for 16.9% of its total revenue, compared with 9.1% in 2010.
The concentration ratio of elevator industry is likely to rise further in future. The Special Equipment Safety Law of People's Republic of China (Repair & Maintenance Policy) took effect nationwide in January 2014; the Notice on Strengthening the Work of Elevator Manufacturing, Installation, Transformation License and Type Test (policy on test tower) was introduced across the country on April 30, 2014. The implementation of the two policies will improve the thresholds for accession into the elevator industry, and speed up industry concentration, especially among domestic brands.
Global and China Elevator Industry Report, 2014 focuses on the following aspects:
- Status quo of global elevator industry development, competitive landscape of companies and maintenance market;
- Competitive landscape of China elevator industry, including business layout of foreign brands in China and competition between foreign and domestic brands;
- Supply structure, new elevator output and maintenance market of China elevator industry;
- Demand structure, demand and main influencing factors of China elevator industry;
- Value, volume and prices of imported and exported elevators in China
- Product output and sales volume, operation, main projects and orders of 7 global and 8 Chinese elevator manufacturers;
- Development trend, output and export volume forecast of China elevator industry.
Worldwide Key Elevator Companies discussed in this research include
Otis, Hitachi, KONE, Schindler, Thyssen Krupp, Toshiba and Fujitec. Key Elevator Companies in China discussed in this report are Shanghai Mitsubishi Elevator Co., Ltd, Guangzhou Guangri Stock Co., Ltd., Canny Elevator Co., Ltd., SJEC Corporation, Shenyang Brilliant Elevator Co., Ltd., Shenlong Elevator Co., Ltd., Dongnan Elevator (DNDT), Hangzhou Xinma Elevator Co., Ltd.
The Market Research Report on Global and Chinese Elevator Industry, 2009-2019 is a professional and in-depth market survey on Global and Chinese Elevator industry. The report firstly reviews the basic information of Elevator including its classification, application and manufacturing technology. The report then explores global and China's top manufacturers of Elevator listing their product specification, capacity, Production value, and market share etc. The report further analyzes quantitatively 2009-2014 global and China's total market of Elevator by calculation of main economic parameters of each company. The breakdown data of Elevator market are presented by company, by country, and by application. The report also estimates 2014-2019 market development of Elevator Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Elevator Industry. In the end, the report makes some proposals for a new project of Elevator Industry and a new project of Elevator Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Elevator industry covering all important parameters.
Explore more reports on machines and equipments industry at http://www.rnrmarketresearch.com/reports/manufacturing-construction/machines-equipment .
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