In 2019, the overall sales of aerial work platforms in my country achieved a growth of more than 50%. In the first half of 2020, the sales of aerial work platforms in my country maintained a relatively high growth rate. Although my country's aerial work platform started late, the industry has developed rapidly in recent years, and the growth rate of its holdings is higher than that of Europe and the United States. In addition, with the continuous release of the national strategy and the steady start of projects in the field of domestic infrastructure construction and transportation, such as rail transit, highways, airports, ports, and large venues, my country’s aerial work platforms still have room for substantial growth. At the same time, opportunities are accompanied by risks. At present, a great aerial work platform market is gradually entering fierce market competition.
01 Opportunity
Comprehensively promote the transformation of the community and increase the demand for equipment use
On July 20, 2020, the General Office of the State Council issued the guidance on comprehensively promoting the transformation of old communities in cities and towns, comprehensively promoting the transformation of old communities in cities and towns, meeting the needs of the people for high-quality lives, promoting the benefits of people’s livelihood, expanding domestic demand, and promoting cities Renewal and transformation of development and construction methods to promote high-quality economic development. According to previous official announcements, 170,000 old communities in cities and towns need to be renovated, involving hundreds of millions of residents, which means that by the end of the "14th Five-Year Plan", that is, before 2025, the country will complete 170,000 old communities. . Renovations such as whitewashing of exterior walls and internal rectification of old communities will comprehensively improve the residential environment of the community while increasing the demand for equipment used for aerial work platforms.
Solve the problem of the decline in the number of construction workers
With the intensification of my country's aging degree, the younger generation's willingness to engage in the construction industry has decreased, resulting in a continuous decline in the number of people engaged in the construction industry in my country in recent years and labor shortages. The use of aerial work platforms has solved the problem of reducing construction personnel to a great extent. In terms of operation mode, scaffolding requires one worker to work, and two workers push and pull at the bottom. Using the aerial work platform, one person can complete three people. Workload.
Cost saving and high safety factor
Compared with traditional scaffolding, the aerial work platform requires fewer workers, shorter construction period, saving labor and time cost, and higher safety factor. Cost savings and increased safety factors have prompted more and more construction companies to abandon scaffolding and switch to aerial work platforms. Coupled with the reduction in the rent of aerial work platforms, more and more small-scale construction parties have begun to turn into demand sides. The demand for the use of aerial work platform equipment.
02 Challenge
While the market outlook for aerial work platforms is improving, potential threats to the development of the industry are also brewing. The current supply of products exceeds demand, production capacity is released on a large scale, and rental prices have fallen sharply.
Large-scale release of production capacity and decline in rental prices
At present, the number of domestic aerial work platforms is increasing, and the number of leasers is also gradually increasing. The particularity of the aerial work platform field results in relatively more applications in more developed areas, such as the Yangtze River Delta and the Pearl River Delta. However, the rapid development of the market has caused a large number of products to enter the market and release large-scale production capacity, which has led to a decline in rental prices, which has an adverse impact on the healthy development of the industry.
03 Summary
At present, the overall domestic industry is in a situation of oversupply, but demand is still expanding to absorb existing capacity; the use of aerial work platforms is still mainly in the field of construction engineering, but in the future, it will be widely used in aerospace, petrochemical industry , Urban gardens, daily maintenance of buildings and many other scenarios. Coupled with the expansion of infrastructure investment, the enhancement of safety awareness and the continued development of aerial work platform dividends, all will promote the positive development of the industry. In the future, the boom of domestic aerial work platforms will continue.
