China has become a veritable elevator production and sales volume and the largest country, the world's leading elevator enterprises are well-known in China to establish a wholly-owned or joint ventures. From the industrial layout, the domestic elevator industry agglomeration effect is obvious, the elevator machine and parts manufacturing base is mainly concentrated in the Yangtze River Delta, Pearl River Delta and the Beijing-Tianjin-Hebei region, in addition to a few high-end elevators, the rest of the elevator parts have been basically realized Localization.

With the sustained development of the national economy, China's elevator production and sales to maintain rapid growth. According to China Elevator Association statistics, China's elevator (not including escalator) production increased from 72,000 in 2003 to 472,000 units in 2012, the compound annual growth rate of up to 23.31%.

At present, although China has become the world's most important elevator production base and consumer market, but the popularity of the elevator in Europe and the United States and the level of developed countries there is still a big gap. According to the China Merchants Securities Research Institute data show that by the end of 2011 China's elevator per capita holding of about 700 people / units, close to the world average, but still well below the level of 100-200 people in developed countries / units.

According to the conservatism principle, according to the developed countries elevator per capita holdings of 200 people / units of the minimum standards, China's elevator market saturation of about 700 million units, compared to 2012 about 245 million units of elevator ownership (data sources : China Merchants Securities Research Institute), China's elevator market will still have about 4.5 million units of growth space. In the future, the growth of commercial real estate, urban infrastructure construction, the protection of housing construction, the old elevator renovation and transformation of old buildings, export market development and other factors driven by China's elevator production and sales will continue to maintain a rapid growth trend.