If the fierce competition we are discussing is focused on price. So, who caused the low price competition in some regions and projects? manufacturer? Leaseholder? Still a customer? Since the second half of 2011, the construction machinery industry has been in a downturn for a long time, and only the aerial platform stacker
market has thrived. More and more manufacturers have participated in the production of aerial work platforms, and the number of brands has increased from 20 to 30 to 100. The emergence of shopping malls and the rapid growth of production capacity constitute an oversupply situation. In order to seize the market, the price of equipment is reduced, and the price is determined by the market. This is a normal phenomenon. So, some people say, 'It's okay if everyone joins in.' However, there is profit and room for business, so why not do it? Who is willing not to do it? Similarly, aerial platform stacker rental companies have also sprung up. According to statistics, in 2016, more than half of the rental companies have been established for more than three years. The products mainly focus on the rental of scissors equipment. The competition mainly focused on factory construction, logistics and warehousing, the supply of rental companies, and the demand for leading shopping malls, forming a situation of oversupply. More importantly, most rental companies are not sophisticated enough to provide customers with better services and can only fight for prices. To seize the mall at a low price. Of course, we believe that the current price competition is mainly due to work habits and national laws and regulations that need to be improved. The aerial platform stacker market has not yet fully exploded, and the market demand for the leasing market has not yet been fully released. ccccccccccccccccccccccccccccccc
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