From 2012 to 2021, the sales volume of lift vehicles in China decreased first and then increased. In 2020, the sales volume of lifting vehicles will be 83000. The demand side of lifting vehicles is affected by the process of national infrastructure construction. Taking 2017-2018 as an example, investment plans for various major projects in China were intensively carried out, which promoted the growth of sales of various construction machinery. Therefore, the sales of lifting vehicles increased significantly, reaching 100.0% in 2017. After 2018, the growth rate of domestic infrastructure investment slowed down, the real estate industry was strictly controlled by the state, and the lifting vehicle market was also affected. In the first half of 2021, the sales volume of lifting vehicles is affected by the arrival of the post epidemic era, and the market is gradually returning to the right track.
Civil engineering vehicles and truck mounted lifting trucks are the main models
From the perspective of vehicle structure, lifting vehicles are divided into civil engineering vehicles, truck mounted lifting vehicles, aerial work vehicles and other vehicles. Civil engineering vehicles and truck mounted lifting vehicles are the two main types of lifting vehicles, accounting for more than 45% and 25% respectively. In 2020, the proportion of civil engineering vehicles will reach 66.0%, while the proportion of truck mounted lifting vehicles will reach 27.5%.
Among them, civil engineering vehicles account for the largest proportion. From 2015 to 2016, under the supply side reform, the speed of real estate and infrastructure construction slowed down, and the sales volume of civil engineering vehicles decreased, resulting in the decline of the proportion of this model in the lifting vehicle market. Since 2017, the infrastructure and real estate markets have performed well, leading to an increase in the sales of construction vehicles. After 2019, capital construction and real estate investment will be tightened, and the sales proportion of civil engineering vehicles fluctuates.
Guangdong Province and Jiangsu Province are major manufacturing provinces
From the perspective of provinces, the sales volume of lifting vehicles in Guangdong Province and Jiangsu Province will reach more than 10000 in 2020. Among them, the sales volume of lifting vehicles in Guangdong Province reached 13474, accounting for 16.3% of the sales volume of lifting vehicles in China. The sales volume of lifting vehicles in Jiangsu Province reached 11339, accounting for 13.7% of the sales volume of lifting vehicles in China. The combined proportion of the two reaches more than 30%. Guangdong Province and Jiangsu Province are truly large lifting vehicle manufacturing provinces.
XCMG machinery, Zoomlion and sany automobile are the main manufacturers
From the supply side, XCMG machinery, Zoomlion and sany automobile are the main lifting vehicle manufacturers. The concentration of the first three reached 59.2%; The concentration of the top ten reached 76.3%, the market is strong, and the scale effect is obvious. In 2020, the sales volume of lifting vehicles of XCMG machinery, Zoomlion and sany automobile will reach more than 10000, and the sales volume of other enterprises will be about 1000-3000.
The long-term development trend will be better in the future
As the lift truck is strongly related to infrastructure and real estate, the future development trend of lift truck is deeply affected by the development trend of infrastructure and real estate industry. In terms of macro environment, under the macro-economic recovery environment, the infrastructure and real estate markets are gradually returning to the right track. Under the action of the general trend, the demand side of the lifting vehicle market is also gradually recovering. In terms of infrastructure, with the expected increase of infrastructure investment in the future, the market trend of lifting vehicles will be better in the long run; However, in the short term, affected by the epidemic, the recovery of the demand side of China's lifting vehicle market still needs time.
