China is the world’s largest elevator manufacturer. In 2010, the output of elevators was 320,000 units, accounting for 64% of the 500,000 newly installed elevators in the world; the output of escalators was 45,000, accounting for 90% of the 50,000 newly installed elevators in the world. China’s elevator ownership and new additions rank first in the world. In 2010, China’s elevator ownership was 1.45 million units and is expected to reach 1.65 million units in 2011.

The development of China’s elevator industry has obtained a rare opportunity. In order to save land, the state has adopted strict control measures on land. Land prices have skyrocketed. The city has stopped approving villas and low-rise buildings. The average floor height has increased significantly. The elevator has become a necessary means of transportation for daily travel.

The requirements for living conditions are increasing rapidly, and the rapidly growing residential real estate market provides a strong impetus for the new elevator market demand; commercial real estate and large-scale urban infrastructure construction are in full swing; China has gradually developed into the world’s elevator factory, with rapid export growth.

The elevator industry will have a huge market space

In the near future, although the country’s regulatory policies on the real estate market have given the elevator industry huge uncertainties in the market in recent years, the forward market is still huge, and urbanization will be a huge driving force. It is estimated that by the end of the 12th Five-Year Plan, the urbanization rate will increase from the current 47% to 52%.

With the improvement of living standards and the transformation of rural living patterns, it is still possible to bring a full vision for the elevator industry. Mr. Zhang Lexiang compared South Korea’s elevator industry. South Korea has a population of 50 million, and its cultural background and architectural style are similar to China’s. The number of elevators is 420,000, and the annual new installation is

25,000 units are the world‘s third-largest elevator market, and China’s population is 27 times that of South Korea, and the economy is in a period of rapid development. It is estimated that China’s elevator ownership may reach 5-10 million units, and the market space is huge.

The specific application of stainless steel in the elevator industry

Stainless steel is mainly used in elevator car decoration, ceiling, car door and hall door, door cover, floor display, control panel, and handrail, etc.; used in escalator skirt and inner and outer cover, step, entrance and exit end cover, and outside of escalator Decoration package. Among them, 304 stainless steel is used the most, 316 stainless steel is mainly used in seaside, high corrosion occasions, and heavy-duty escalators, 430 stainless steel is used in general occasions and steps, and 443 can partially replace 304 stainless steel.

The materials used by elevator manufacturers are very different. They use whole plates or composites, and the thickness differences are also large. There are also differences in ladder configurations. For example, the first-floor hall door of residential elevators is stainless steel, and each floor of commercial elevators uses stainless steel. It is estimated that in 2011, stainless steel used for elevators will reach 120,000 tons, and stainless steel used for escalators will reach 45,000 tons.