With the spring of March and signs of recovery, all walks of life are fully embracing the resumption of work. Under this situation, how will the national elevator government procurement market perform in March 2024? What big projects are coming up? Which elevator suppliers are making gains in which market segments?
Incomplete statistics from Zhengfu Yiyi Big Data show that judging from the scale of elevator procurement completed through bidding and procurement nationwide in the past three years, the national elevator procurement scale exceeded 1.875 billion yuan in March 2022, and the national elevator procurement scale in March 2023 was 22.92 billion yuan. billion, the national elevator procurement scale in March 2024 was 2.091 billion yuan, a year-on-year decrease of 8.77%. Even so, it still ushered in a "good start" this year.
With the spring of March and signs of recovery, all walks of life are fully embracing the resumption of work. Under this situation, how will the national elevator government procurement market perform in March 2024? What big projects are coming up? Which elevator suppliers are making gains in which market segments?
Incomplete statistics from Zhengfu Yiyi Big Data show that judging from the scale of elevator procurement completed through bidding and procurement nationwide in the past three years, the national elevator procurement scale exceeded 1.875 billion yuan in March 2022, and the national elevator procurement scale in March 2023 was 22.92 billion yuan. billion, the national elevator procurement scale in March 2024 was 2.091 billion yuan, a year-on-year decrease of 8.77%. Even so, it still ushered in a "good start" this year.
Judging from the ranking of national elevator procurement scale, Hubei, Beijing, Zhejiang, Sichuan and Guangdong rank among the top five in the country, with procurement scales of 658.5677 million yuan, 238.1624 million yuan, 203.7845 million yuan, 192.1004 million yuan and 98.6672 million yuan.
It is worth mentioning that with the support of the demand for elevator procurement in the rail transit field, especially projects with a single purchase amount exceeding 100 million yuan, for example, the procurement of escalators and elevator equipment for the Wuhan Rail Transit Line 12 (Jiangbei Section) project (project code 202311061735320076 ), with a purchase amount of 139.4275 million yuan. Procurement of escalator and elevator equipment for Wuhan Rail Transit Line 12 (Jiangbei Section) project (project code 202311061735320075), with a purchase amount of 123.966 million yuan. Therefore, Hubei's elevator procurement scale ranking was promoted from 16th in February to first in March 2024.
From the perspective of elevator procurement market segments, in March 2024, elevator procurement for government agencies nationwide accounted for 10.73%, medical unit elevator procurement accounted for 6.45%, affordable housing elevator procurement accounted for 4.76%, and education system elevator procurement accounted for than 4.46%. In addition, the procurement of elevators in the rail transit field, the installation of elevators in projects benefiting the people, and elevator maintenance and renovation are the focus of elevator suppliers. So, what are the specific performances of the national elevator procurement market segments in March 2024?
As far as the elevator procurement market for government agencies is concerned, the national government agency elevator procurement scale in March 2024 was 224.4032 million yuan, a month-on-month increase of 37.47%. Mainly concentrated in 23 provinces and cities including Beijing, Xinjiang, and Zhejiang, with an increase of 2 provinces and cities month-on-month. Benefiting from the increasing demand for the installation of elevators, for example, the elevator project at No. 15 Wanshou Road of the International Department of the CPC Central Committee has a purchase amount of 44.9297 million yuan. This project is not only the largest elevator procurement project among government agencies nationwide, but also the largest elevator procurement project in Beijing. Maximum order. There is also a project to install elevators in existing residences in Shihezi City, the Eighth Division of Xinjiang in 2024, with a purchase amount of 26.8556 million yuan. Among them, Beijing, Xinjiang, Zhejiang, Shanghai and Sichuan rank among the top five in the country in terms of elevator procurement scale for government agencies, with procurement scales of 78.153 million yuan, 40.4286 million yuan, 31.7037 million yuan, 13.7411 million yuan and 13.5461 million yuan respectively.
As far as the medical system elevator procurement market is concerned, the national medical system elevator procurement scale in March 2024 was 134.8359 million yuan, a month-on-month increase of 29.2%. Mainly concentrated in 21 provinces and cities including Heilongjiang and Guangdong, the same as in February. Among them, Heilongjiang, Guangdong, Henan, Sichuan and Fujian rank among the top five in the national medical system elevator procurement scale, with procurement scales of 35.1044 million yuan, 15.5642 million yuan, 13.2405 million yuan, 11.9393 million yuan and 11.8619 million yuan respectively.
As far as the affordable housing elevator procurement market is concerned, the national affordable housing elevator procurement demand continued to decline in March 2024, reaching 99.4895 million yuan. Mainly concentrated in 8 provinces and cities including Henan and Zhejiang. Among them, Henan, Zhejiang, Beijing, Shaanxi and Shanghai rank among the top five in the country in terms of procurement scale of elevators for affordable housing, with procurement scales of 27.0407 million yuan, 24.0405 million yuan, 19.1756 million yuan, 8.3529 million yuan and 6.4686 million yuan respectively.
As far as the education system elevator procurement market is concerned, the demand for elevators in the national education system increased in March 2024, with a procurement scale of 93.3068 million yuan. Mainly concentrated in 17 provinces and cities including Henan and Zhejiang, with an increase of 3 provinces and cities month-on-month. Among them, Henan, Zhejiang, Shanghai, Chongqing and Shaanxi rank among the top five in the national education system elevator procurement scale, with procurement scales of 22.9595 million yuan, 18.5261 million yuan, 11.0177 million yuan, 7.976 million yuan and 7.1094 million yuan respectively.
Elevator procurement projects in the rail transit field not only involve a large number of elevator purchases, but also a large amount, which has always attracted the attention of elevator suppliers. In March 2024, the demand for rail transit elevators across the country has rebounded, and projects have gradually increased, with large amounts, and even large projects of 100 million yuan, such as the Wuhan Rail Transit Line 12 (Jiangbei Section) Project Escalator and Elevator Equipment Procurement Project (Project Code 202311061735320076), Kone Elevator Co., Ltd. won the bid with a price of 139.4275 million yuan. For the Wuhan Rail Transit Line 12 (Jiangbei Section) project escalator and elevator equipment procurement project (project code 202311061735320075), Tisheng Elevator (China) Co., Ltd. won the bid with a price of 123.966 million yuan. Shanghai Mitsubishi Elevator Co., Ltd. won the bid for the escalator and elevator equipment procurement project of Wuhan Rail Transit Line 12 (Wuchang Section) project (project code 202311071120321732) with a price of 72.6549 million yuan. For the Wuhan Rail Transit Line 12 (Wuchang Section) escalator and elevator equipment procurement project (project code 202311071120321733), CANNY Elevator Co., Ltd. won the bid with a price of 63.7482 million yuan. Therefore, the elevator procurement scale in the national rail transit market in March 2024 was 677.9316 million yuan. Mainly concentrated in 6 provinces and cities including Hubei and Beijing.
As the elevator installation market of Huimin Project, the national elevator procurement scale in March 2024 was 131.3477 million yuan, accounting for 6.28% of the national elevator procurement scale. Mainly distributed in the installation of elevators in government agencies, education systems, and medical systems. Among them, government agencies account for 92.73% of the national elevator installation procurement market, leading the national elevator installation market. The geographical area is mainly concentrated in 17 provinces and cities including Beijing, Xinjiang, and Hubei, an increase of 12 provinces and cities month-on-month.
At present, the total number of elevators in use in my country exceeds 10.62 million. The market demand for elevator maintenance and elevator renovation is growing at a rate of 10% every year, creating new market space for elevator suppliers and becoming their focus.
In March 2024, the national elevator maintenance procurement scale was 60.0125 million yuan, accounting for 2.87% of the national elevator procurement market scale. Mainly distributed in elevator maintenance in the medical system, government agencies, education system, affordable housing and other fields. Among them, elevator maintenance in government agencies accounts for 51.98% of the national elevator maintenance procurement market, leading the national elevator maintenance procurement market. In terms of geography, it is concentrated in 18 provinces and cities such as Zhejiang and Beijing, with a decrease of 5 provinces and cities month-on-month and a decrease of 3 provinces and cities year-on-year. Zhejiang, Beijing, Sichuan, Henan and Guangdong rank among the top five in the country in terms of elevator maintenance procurement scale, with procurement scales of 10.965 million yuan, 9.5523 million yuan, 7.5036 million yuan, 6.3896 million yuan and 4.7372 million yuan respectively.
In March 2024, the national elevator renewal and renovation procurement scale was 52.2128 million yuan, accounting for 2.5% of the national elevator procurement market scale. Mainly distributed in elevator renovation and renovation in government agencies, education systems, medical systems and other fields. Among them, the procurement scale of medical elevator renovation and renovation accounts for 34.82% of the national elevator renovation and renovation procurement market, leading the national elevator renovation and renovation procurement market. In terms of geography, it is concentrated in 17 provinces and cities including Zhejiang and Fujian, with an increase of 3 provinces and cities month-on-month. Zhejiang, Fujian, Beijing, Shandong and Heilongjiang rank among the top five in the country in terms of elevator renovation procurement scale, with procurement scales of 13.4835 million yuan, 12.9507 million yuan, 11.1218 million yuan, 5.7687 million yuan and 2.55 million yuan respectively.
Judging from the number of elevator procurement projects, the total number of elevator procurement projects nationwide in March 2024 was 454, an increase of 123 from the previous month and a decrease of 113 from the same period last year. Zhejiang, Sichuan, Beijing, Hubei and Fujian rank among the top five in terms of the number of elevator procurement projects in the country, with the total number of projects being 56, 41, 38, 35 and 33 respectively.
