In the current home elevator market, there is a clear distinction between two types of elevators based on origin: joint venture elevators and imported elevators. Although imported elevators are often considered to be of higher quality due to the use of technology and materials imported from developed countries, in fact, joint venture elevators also bring many advantages and significant benefits to consumers.

What is a joint venture elevator?

Joint venture elevators are products manufactured and assembled in Vietnam under the cooperation between foreign companies and domestic partners, manufactured according to foreign company standards. are carefully inspected and comply with strict standards. Components used are often imported from reputable manufacturers, ensuring quality and origin. Each product is often accompanied by CO (Certificate of Origin) and CQ (Certificate of Quality) certificates issued by management agencies such as the Ministry of Labor, War Invalids and Social Affairs. The production process of joint venture elevators is often established and strictly controlled by joint venture units with companies in Vietnam, ensuring accuracy and reliability in the production process.

What is an imported elevator?

Imported elevators are products manufactured in the production lines of famous elevator brands around the world. These products are manufactured and assembled in foreign countries before being imported to Vietnam. However, the price will include significant transportation costs from the place of manufacture to the point of sale.

In addition to shipping costs, imported elevators also face import duties and other fees, which add to the final price of the product. However, this product often offers assurance of quality and performance, thanks to strict manufacturing processes and quality control from leading manufacturers in the global elevator market.

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The difference between joint venture elevators and imported elevators

Why should you choose joint venture elevators?

Nowadays, the quality gap between imported elevators and joint venture elevators has gradually narrowed. In the home elevator segment, joint venture elevators are leading the market with their diversity and continuous improvement. These products not only meet high quality standards but also bring outstanding value and performance. Therefore, if you are looking for a reliable and effective choice for your home, joint venture elevators are the choice we recommend you consider for the following specific reasons:

Joint venture home elevators have economical prices

Because the mechanical parts of joint venture elevators are often processed domestically. This helps reduce transportation costs, taxes and import fees. According to surveys on home elevator prices in 2024, domestically produced elevators are often about 50-60% lower in price than imported elevators.

This makes domestic joint venture elevators affordable for many families. The price for a domestic joint venture elevator usually ranges from 400 to 600 million VND, including product costs, installation and inspection. However, this price may vary depending on the customer's specific requirements for cabin interior design, speed, number of floors and installation location.

Joint venture elevator maintenance and warranty costs are very cheap.

In terms of monthly maintenance costs, joint venture elevators usually have an average maintenance cost of 600,000 to 800,000 VND. Meanwhile, maintenance fees for imported elevators can be up to 150 to 300 USD per month.

Over time, some elevator equipment may be damaged and need to be replaced. In this case, the cost of replacing equipment for imported elevators is often quite high and requires a long waiting time. On the contrary, with joint venture elevators, the replacement process is often faster because the equipment is available and easy to find. Moreover, there is no need to pay for transportation costs and import taxes, so the cost of replacing components will be much cheaper than for imported elevators.

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Flexible joint venture elevator size

In Vietnam, with the increasing situation of "overcrowding", considering the area for elevator installation requires flexibility in size. In this situation, domestic elevators become a reasonable solution.

Unlike imported elevators, whose installation often requires compliance with standard dimensions required by the manufacturer, joint venture elevators offer considerable flexibility. You can adjust the elevator size to suit the structure and space of your home without being constrained by fixed dimensions. This helps optimize space usage and meets the specific requirements of each project.

Faster delivery time for joint venture home elevators

In fact, ordering an imported elevator usually requires a waiting time of 5 to 6 months. Therefore, consumers often prefer to choose joint venture elevators to save time and ensure that construction progress is maintained as planned.

The delivery time for domestic elevators is usually no more than 30 days, helping homeowners avoid long waiting times and keeping the project progress flexible and efficient. This helps the elevator installation process go quickly and helps families use the elevator sooner than expected.

The quality of joint venture elevators is increasingly improving.

In the installation of home elevators, quality is an undeniable factor. Today, joint venture elevators have developed significantly and reached a quality level equivalent to imported elevator lines, because important components are imported from leading elevator manufacturers worldwide, from traction machines, signal control, dynamic control to electrical cabinets, every detail is carefully selected to ensure the best performance and durability for the elevator.

In addition, the mechanical processing of joint venture elevators is carried out in factories with modern equipment and advanced technology. The progress in the level and production capacity of domestic units has met the increasingly high quality requirements of the market.

Hopefully the above information will help you make the right decision when choosing an elevator that suits your family's needs and financial capabilities. Do not hesitate to contact us, Sankyo Elevator Company, where prestige and dedication are always put first.