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2. Update on the Chinese powered access industry

Off-Highway Research is to update its popular 2017 study on the Chinese powered access industry. The report is due for publication in the third quarter of 2019 and will look in detail at this high-growth sector, with a focus on scissor lifts, and telescopic and articulating boom lifts.

Recent years have seen huge growth in the sales of access platforms in China as safety practices for working at height have improved and a Chinese rental industry has emerged as a supplier of platforms to contractors. In parallel with this, major international powered access equipment manufacturers including Genie (Terex), Haulotte and JLG have set up factories in China. These developments have been accompanied by the emergence of several Chinese powered access equipment makers.

Off-Highway Research’s found that in 2016 the market had reached some 13,820 platforms per year and that annual growth rates had at times come close to 60 per cent.

Off-Highway Research managing director Chris Sleight said, “There was huge interest in our 2017 report on the Chinese powered access industry, and this has spurred us to update and expand the study. The 2019 edition will include more historic data and an expanded section on the Chinese rental companies which are buying platforms in huge numbers and driving up demand.”

Other sections will cover production volumes by manufacturer and identify suppliers of key components, and look at other market dynamics, such as retail pricing levels, marketing and distribution arrangements, customer groups and end-users, and the size of the current working fleet of platforms in China. The report will also include profiles on key manufacturers, dealers and rental companies in the powered access industry, and there will be a five-year demand forecast.

More details on the report can be found here. Key findings from the report will also be the subject of a presentation at this year’s International Rental Conference Asia, which will be held on 22nd October in Shanghai. Click here for more details on the conference. Off-Highway Research will also be an exhibitor at the Apex Asia powered access exhibition in Shanghai from 23rd-26th October. More details are available here.

The updated edition of The Powered Access Industry in China is due for publication in the third quarter of 2019.

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