FAST GROWING MARKET

  • Access rental fleet in China grew by 60% from 2015 to 2016; access rental revenues increased more than 50% in the same period.*

  • Sales of access platforms in China had doubled in the last three years.**

  • The Chinese access rental fleet is around 40,000 units now and forecast to exceed 100,000 within five years.**

  • Annual demand for new aerial platforms in China is expected to reach 40,000 units in 2021.**

  • Construction equipment sales in China strongly recovered in 2017, growing 81% to reach 251,000 units. Continued growth, at a lower pace, is forecast in 2018.**

 

*   (source: rental branch of China Construction Industry Association).
** (source: Off-Highway Research).

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