Free press releases distribution network?

Agency / Source: ResearchInChina

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



ResearchinChina.com Publishes China Elevator 2010-2011 Industry Report - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Elevator Industry Report, 2010-2011 - ResearchinChina.com
ResearchinChina.com Publishes China Elevator 2010-2011 Industry Report

 

PRZOOM - /newswire/ - Beijing, China, 2012/01/16 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Elevator Industry Report, 2010-2011 - ResearchinChina.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Safety is the keyword in Chinese elevator market in 2011. A retrograde escalator accident has raised public doubts about the quality of Otis elevators. General Administration of Quality Supervision, Inspection and Quarantine of China issued an emergency notice urging an immediate nationwide halt to usage of Otis 513MPE escalators.

The retrograde accident has caused adverse effects on the production and marketing of Otis, but created a rare opportunity for Otis’ rivals Shanghai Mitsubishi and Hitachi to seize market share. In 2011, Shanghai Mitsubishi has won orders for over 40,000 elevators, and its new escalator project was put into full production in the first half of the year and strives for an output of 4,000-4,500 escalators in 2011. Hitachi Elevator currently has an annual capacity of 35,000 units, has formed a strategic layout consisting of “a headquarters, two R&D centers and three manufacturing bases”, and has set up large manufacturing bases in Guangzhou, Tianjin and Shanghai.

Rapid economic growth and urbanization have spurred the development of China's elevator industry. China’s elevator output grew at a CAGR of 23.3% in 1999-2009, and reached 365,000 units in 2010, up 39.1% year on year. In the first half of 2011, the output increased by about 40% year on year.

With the development of China's elevator industry, China's local elevator companies have also grew up. The market share of local brands was only one fifth in 2008, increased to about a quarter in 2010, and finally reached one third in the first half of 2011. The emergence of local brands like SJEC Corporation, Shanghai YungTay and Canny Elevator (002367) is changing the Chinese elevator market pattern dominated by foreign brands.

This Report analyzes the supply and demand as well as the competition in China’s elevator market, and introduces the supply and demand, market scale, competitive landscape and key enterprises in elevator-related industries including elevator control system, elevator inverter and elevator guide rail.

Shanghai STEP Electric Corporation is a representative enterprise in China’s elevator control system and elevator inverter industry, while Changjiang Runfa Group is the one in the elevator guide rail industry. Shanghai STEP Electric Corporation is the largest elevator control system OEM in China, and its key accounts include Otis and Schindler.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Heavy Machinery/Handling Solutions Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ResearchInChina

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Heavy Machinery/Handling Solutions articles,
CATCH Visitors via Your Competitors Announcements!


ResearchinChina.com Publishes China Elevator 2010-2011 Industry Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: ResearchinChina.com 
+86 10 82600893 report[.]researchinchina.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ResearchInChina securities in any jurisdiction including any other companies listed or named in this release.

Heavy Machinery/Handling Solutions via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ResearchInChina / Company Profile


Read Heavy Machinery/Handling Solutions Most Recent Related Press Releases:

Caterpillar Invests $11.5 Million in United Way
ANDRITZ to Supply Two Spunlace Lines to Fujian NanFang Textile Co., Ltd, Including the First TT Cards Sold in China
ANDRITZ SEPARATION Launches New Decanter Generation
ANDRITZ and TeamTec Sign Cooperation Agreement for Worldwide Marketing of the SeaSOx Exhaust Gas Cleaning System for the Maritime Industry
ANDRITZ MeWa Launches Successful Collaboration with New Trading Partner in France
Gomà-Camps Boosts Tissue Production Capacity with Voith Technology
ANDRITZ to Upgrade Bleaching System for Cartulinas CMPC in Maule, Chile
Caterpillar to Participate in the Baird 2016 Industrial Conference on November 10
Metso Receives Comprehensive Valve Order for New Kilpilahti Power Plant in Porvoo
Oak Cliff Recycling Chooses Metso N Series Inclined Shear to Speed-up Production

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today