A few years ago, China's rapid development of the real estate industry led the elevator industry into the boom, the Chinese elevator industry has brought unprecedented opportunities for development, to achieve an unprecedented rapid development. China's total number of elevators in the world's new elevator more than half of the total, large and small elevator companies began to appear in the market, some foreign brands to accelerate the pace of expansion in China, hoping to use real estate hot "fishing a". Facts have proved that in the past few years, both foreign brands or local enterprises have achieved good results. China has become the world's largest elevator market. At present, the world's leading elevator manufacturers have basically entered China, after years of development, foreign manufacturers in the brand awareness, base layout, strategic partners and marketing after-sales network construction have advantages.

In recent years, with the accelerated development of China's urbanization process, as well as the rise of the real estate market, the elevator sales increased year by year, China's elevator production increased year by year. In 2013,  China produced a total of about 625,000 elevators, an increase of 18.15% compared with 529,000 units in 2012, an increase of 2.40% compared with the 15.75% increase in 2012. In 2013, China's apparent consumption of elevators reached about 55 million units, an increase of 15.55%. Among them, the vertical elevator products dominate the low-speed elevator to occupy the market share. With the rapid development of the economy and the level of market demand, in the next four years can be expected within the high-speed elevator market demand will increase year by year. Low-speed elevator mainstream product market position will not change, low-speed elevator will still occupy about 95% of the market share.

China's regional economic development is uneven, the gap between the speed of urbanization process reflected in the region on the demand for elevator products on the difference. East China, South China (including South China), North China is the main market for Chinese elevator sales. East China and South Africa, the proportion of consumer share of the country were 37.40%, 24.81%, out of the country one or two, followed by North China, Southwest, Northeast, Northwest and other regions. In 2014 the national hotline sales area is still concentrated in the second and third tier cities and small towns.

New urbanization for the growth of the elevator industry into a new vitality. In contrast, the average growth rate of the elevator industry reached 22.49% in 2013 and 2013. The growth rate of the domestic elevator industry in 2013 was slower than that in the previous decade, but the growth rate remained At 18.15%. China is still in the elevator accumulation stage, the new demand is the main market, the data show that 72% of the new elevator market is the new market, 24% is the maintenance market, the remaining 4% is to update the market, China's elevator installation market prospects broad. With the gradual recovery of China's economy, the real estate market gradually pick up in the context of accelerating urbanization in China, China in the future for a long time will remain the world's largest elevator market. It is estimated that by 2018, China's elevator installation capacity will reach 1.25 million units.