Trade Resources Industry Views Japanese Elevator Manufacturers to Expand Business in China

Japanese Elevator Manufacturers to Expand Business in China

FUJITEC plans to increase its capacity by 25% before 2015 by building new parts plants. Mitsubishi Electric also plans to increase its capacity by 20% before 2020. China, as a huge market for global elevator manufacturers, has half of the global new elevator consumed. It's predicted that demand in inland and big coastal cities will keeps growing.

FUJITEC plans to increase its Chinese plants' capacity to 25000 units before 2015. Its facotries locate in Shanghai and Beijing. Shanghai plant is responsible for the manufacturing parts, such as hoists and transfomer used in elevators.FUJITEC will reconfigure euqipments in Beijing plant to improve production efficiency.

Japanese Elevator Manufacturers to Expand Business in China

Mitsubishi Electric plans to increase its capacity  by 20% to 100000 units before 2020. Two plants in Shanghai will be adjusted to improve production efficiency. The market trend shows the goal will be completed ahead of time.

Hitachi plans to boost its dealership network to 90, adding another 20 before 2015. It plans to increase its capacity to 83000, up 20% on 2013.

China consumes 0.56 million new elevator in 2013 and the number wull reach 0.7 milion in 2018.

Source: Made-in-China.com
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Topics: Transportation