China’s aerial work platform (AWP) industry is embarking on a new chapter of development.

After years of development, China’s AWP industry has reached a considerable scale, with rapid improvement in product awareness and expanding application scenarios. The domestic market has over 750,000 units in operation, comparable to the North American market. Simultaneously, the number of AWP manufacturers in China is steadily increasing, with over 50 large-scale manufacturers investing in new construction or capacity expansion while accelerating their overseas manufacturing footprint.

The long-term positive market outlook for AWPs provides unprecedented opportunities for component suppliers.

In recent years, China’s AWP supply chain system has become increasingly perfected/improved, and the number of component suppliers has continued to grow. However, at the same time, the electrification, intelligentization, and digitalization of products, along with the deep internationalization of OEMs, are reshaping the AWP industry ecosystem and accelerating the weeding out of weaker suppliers.

China’s AWP industry has entered a crucial window of opportunity for cooperation between OEMs and component suppliers.

In the coming years, for both rapidly growing Chinese parts suppliers and international parts brands that continue to promote localization, only by becoming a leading supplier of aerial work platform equipment and deeply embedding themselves in the manufacturer’s supply chain system can they stand out in the fierce market competition.