New research on the booming powered access market in China will be revealed at the International Rental Conference Asia (IRC) by Off-Highway Research’s Director of Research in China, SHI Yang.
The conference is on 31 October at the Shanghai New International Expo Centre (SNIEC), Shanghai, and is being held alongside the APEX Asia and CeMAT Asia exhibitions.
China’s rental market is expanding, particularly in aerial platforms, as safety and productivity increase in importance and as business practices change among equipment owners. This has seen the rapid development of access platform production in China as international manufacturers such as Genie (Terex), Haulotte and JLG have set up local factories, while numerous local suppliers have also emerged.
SHI Yang’s presentation will highlight some of the key findings of Off-Highway Research’s report, The Powered Access Industry in China, which will be published in September.
The report analyses market size by platform type and size class and looks at historic growth trends. It also looks at market shares and provide a five-year forecast.
His presentation at IRC will also touch on some of the other findings of the report, including production volumes by manufacturer and market dynamics, such as retail pricing levels, marketing and distribution arrangements, customer groups and end-users.
This will be the fifth time the International Rental Conference Asia has been held. Previous events have seen the audience of rental managers and owners, equipment manufacturers and dealers receive a mix of expert rental management advice from senior figures in the domestic and international equipment rental industry.