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Aerial work machinery industry development trend

Release time:

2022-07-28

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Abstract

Market changes: the aerial work platform was once regarded as "the last blue ocean of construction machinery"

Market changes: the aerial work platform was once regarded as "the last blue ocean of construction machinery", which has experienced fluctuations from explosive growth to sudden decline in growth rate. According to statistics, the cumulative sales of lifting work platforms in 2024 are 179,867 units, down 12.88% year-on-year. In January 2025, 10,538 units of various lifting work platforms were sold, down 37.1% year-on-year. Among them, domestic sales of 2,468 units, down 64%; Exports were 8,070 units, down 18.5% year-on-year. The high-altitude working machinery market is accelerating into the "Red Sea" dilemma of homogenized competition and shrinking profits.
Future potential: Although the current market is facing challenges, China's aerial work machinery market still has huge growth potential. China's per capita aerial work equipment is far lower than the United States and Europe and other countries, and emerging markets such as Southeast Asia, Africa and other infrastructure construction is in the rapid development stage, the demand for aerial work machinery is also growing.
Application scenario expansion: Electrification and intelligence have become a new battlefield for high-altitude working machinery, and its application scenarios have gradually accelerated penetration from the traditional construction field to new energy (photovoltaic, wind power), warehousing logistics, municipal maintenance and other scenarios.

Key words:

Industrial Facilities: Factory maintenance, painting, and inspection

Safety rules and operating codes for machinery working at altitude

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KINGDA heavy industry is a leading Chinese manufacturer specializing in Mobile Elevating Work Platforms (MEWPs). As a large-scale machinery and equipment enterprise, KINGDA is committed to the integrated development of R&D, manufacturing, sales, and after-sales service, providing comprehensive solutions in the MEWP industry.