Press the "acceleration" button to renovate old houses, and the demand for installing elevators blows out

Old urban communities generally have a long history of construction, poor infrastructure and poor living conditions for residents, which are a weak link in urban management and urban construction. The transformation of old communities is a "good medicine" to promote the improvement of urban civilization, and has attracted widespread attention from the masses.

With the acceleration of the transformation of old communities, it means that the industries involved in the transformation of old communities will also usher in a period of dividends. In the government work report of the Second Session of the Thirteenth National People`s Congress in 2019, it was clearly pointed out that [the number of old communities in cities and towns is large and extensive. It is necessary to vigorously transform and upgrade, update supporting facilities such as water, electricity and gas, and support the installation of elevators and barrier-free environments. Construct and improve the convenience market, convenience store, pedestrian street, parking lot and other life service facilities." One of the important parts is the installation of elevators in old buildings.

Due to the economic development restrictions in the 1990s, many residential buildings have not been equipped with supporting elevator facilities. With the increasing rate of urbanization and aging in my country, the installation of elevators has become a necessity to improve the lives of residents. measure. The multiple dividends of 219,000 old communities in cities and towns and the acceleration of urbanization have been superimposed, and the demand for elevators in my country's elevator market continues to be released. Quantuo data shows that my country's elevator demand has continued to increase since 2017, reaching 777,000 units in 2018, a year-on-year increase of 12.61%; China's elevator demand is expected to reach 1.05 million units by 2021.
With the continuous release of demand, the market scale of my country's elevator industry has shown a good growth trend. Quantuo data shows that the market size of my country's elevator industry has increased from 258.65 billion yuan in 2015 to 365.46 billion yuan in 2019, and is expected to reach 382.92 billion yuan in 2020. Among them, the purchase scale of retrofitting elevators in old buildings reached 20.9%, and the market for retrofitting elevators in China has become quite large.
At present, our country has become the country with the largest number of elevators in the world. In 2020, the number of elevators in the country has reached 7,865,500 units, accounting for more than one-third of the global scale. From the perspective of the structure of the use time of domestic elevators in service, the proportion of elevators that have been used for 0-5 years is the highest, about 56%; the proportion of elevators that have been used for 6-10 years It is also relatively high, reaching 27%; the number of elevators that have been used for 11-15 years accounted for 17%. The industry generally believes that the average service life of elevators is 10-15 years. These elevators that have been used for a long time to reach the end of life are also one of the huge potential markets for elevator renovation.

In the past, due to the lack of elevator maintenance in old communities, the main responsibility of elevator safety could not be effectively implemented. Furthermore, there was vicious competition in the elevator maintenance industry, bad money expelled good money, and the quality of maintenance work was not in place, resulting in elevator accidents and failures. It happened. As all sectors of society continue to pay more attention to the safe operation of elevators, mandatory elevator maintenance has become a new trend, and related maintenance standards have been introduced one after another, and the safe operation of elevators in my country tends to be stable. The promotion of the elevator maintenance industry cannot be ignored. The elevator industry will usher in a broader market space in three aspects: the renovation and transformation of old elevators and the installation of elevators in old buildings.