China is going to become a global aerial work platform production center in the future

Many listed companies have made efforts to segment the market for aerial work platforms.Experts pointed out that the domestic aerial work platform industry is still in its infancy.With the improvement of construction efficiency and safety awareness,the aerial work platforms will gradually expand, and will enter a stage of rapid growth, which it is expected to leverage 100 billion yuan market scale.

The global AWP market is about 80 billion yuan. Chinese AWP market has about 160,000 units in 2019, which is in a rapid growth stage, estimated over 550,000 units in the next five years. We can see the number of aerial work platforms in the United States 600,000 units around and Europe 280,000 units around. The number of aerial work platforms in my country is far from saturated.

2020 year, Chines AWP manufacturers are highly concerns this fields, invest more money and capital, and using flash sales strategy to gain the market share, lead by LCMG,XCMG,SINOBOOM,ZOOMLION etc and expand the new manufacturing plant to enlarge production scale, like Fronteq ,LiuGong etc. All of them got great achievements.

Meanwhile, Industry experts believe that the AWP rental will lead by Horizon,Zhongneng United, Hornet Rentals,and XCMG Guanglian Rental in the rental field.This make benefits to the manufacturer who prior to combine with the high quality rental companies.

Let us look forward to Chinese AWP market. #awpchina,#awpcharger,#aodicharger.