Hitachi Elevator (China) Co., Ltd. attended Langfang International
Lift Expo 2019 which showcased technologies of the world's fastest elevators*1,
escalators and moving sidewalks, as well as the elevator installation and smart
elevator control system for existing buildings. Among other products,
technologies and solutions, at its AI-powered, Hitachi Creates Better Life-themed
booth, with the aim of addressing increasingly complex social topics through its
innovative approaches.
Take a lead in the AIoT(Artificial Intelligence of Things) sector
With continuous change and innovation taking place across the industry,
Hitachi Elevator displayed the world's fastest elevator technologies,
Destination Floor Reservation System (DFRS) and People Flow Analysis Technology
(PFAT), with a focus on facilitating the transition to smart buildings at the
event.
Hitachi depends on its leadership of IT and OT to combine
traditional manufacture, AI and IoT etc. aiming to make the building transit
more intelligent, safer and achieve sustainable development.
The Report of the State Council on 2019 indicats that the Chinese
government is focusing on empowering the transformation of the manufacturing
industry by building an industrial internet platform and expanding
Intelligence+ applications. As a result, Hitachi Elevator is accelerating the
development of its elevator-centered building system business by its existing
elevator resources.
t Research, local
development and industry scope expansion for building transit, as well as the monitor
system, intelligent security system, property management, service robots and
intelligent management for the aged are all through the prospective plan and
opening up the derived fields to achieve.
Hitachi Elevator (China) president Jia Yuhui said that the company
is building up close partnership with Alibaba and Tencent in IoT field in order
to have joint exploration forsmart city and smart buildings solutions.
Opening up new elevator aftermarket with huge potential
Publicly available data shows that China, which now has over 6.28
million elevators in operation, ranks the first in the world in terms of
elevator ownership and annual sales. Elevator manufacturers are growing with a
slower pace as a result of the real estate industry going through a
transformation. However, the existing huge number of elevators in operation
supports the continuous and stable growth of the elevator aftermarket as well
as opens up new market segments consisting of elevator upgrades, modifications,
installations and maintenance in
existing buildings.
During the expo, Hitachi Elevator demonstrated how to offer efficient
science-based maintenance services with intelligent monitoring, analytics,
diagnosis and maintenance technologies. More than 220,000 Hitachi elevators
have been equipped with remote control terminals that adopt a big-data-based
system to monitor the operation state of each Hitachi elevator around the
clock.
The company also showcased LGE-E,with special design for
installation in existing residential buildings. With its modular shafts and
managed services, LGE-E responds precisely to the transformation needs of
Chinese cities and helps Hitachi Elevator to expand market of the elevator
installation for existing structures.
Hitachi Elevator also displayed a model of installation in
existing buildings and provided a presentation of five popular installation
approaches, all of which deliver greater flexibility in addressing the market
needs with several custom shaft installation solutions.
Mr. Jia said that Hitachi Elevator received orders for over 87,000
elevators in 2018, more than 73,000 units had already been installed. As now
the market is turning from a incremental market to stock market, the
aftermarket with advanced technology and service has huge prospect and promote
the development of elevator industry. Hitachi Elevator plans to accelerate its
investment in developing promising elevator aftermarket segments.
Expanding globally while contributing to the Chinese government's
Belt and Road initiative
Hitachi Elevator is strengthening its presence in China, the firm's
largest market outside of its home base in Japan, while accelerating global
expansion. By capitalizing on the ongoing implementation of Chinese
government's Belt and Road Initiative and the strategic relationships with
property developer partners who continue to move into the international arena,
the company has successfully provided products and services for projects in
Malaysia, Cambodia and Laos, among other Southeast Asian countries.
Additionally, Hitachi Elevator is also leveraging its leading resources to
expand into Australia with the support of global partners.
As part of its global expansion efforts, Hitachi Elevator
continues developing more unified products that are integrated with its
services with the aim of accelerating its expansion in international markets by
promoting global unified standards-based common basic systems encompassing
design, production and IT.
Hitachi Elevator plans to accelerate innovative solutions with
partners as China moves into the next phase in the implementation of the reform
and opening-up policies with a goal of addressing complex social topics and
contributing to the sustainable development of the greater society.
*1: based on Hitachi Elevator's survey reports, as of June 2017
