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Vertical Transportation Industry Profile
 



Elevators in China to 2013

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The market in China for elevator and escalator products and services is forecast to reach 111 billion yuan in 2013, rising at an annual rate of 10.9 percent from 2008. New construction and ongoing urbanization will support market gains. An increasing installed base of elevators and escalators will provide opportunities for maintenance and repair services, as the surge in product penetration of recent years is expected to continue through the forecast period.

The Freedonia Group is a leading international business research company, founded in 1985, that publishes more than 100 industry research studies annually. Their industry analysis provides an unbiased outlook and a reliable assessment of an industry and includes product and market forecasts, industry trends, threats and opportunities, competitive strategies, market share determinations and company profiles. Freedonia's research provides this knowledge by combining product and market analyses and forecasts, in-depth discussions of important industry trends, market share information and profiles of the leading industry players.