1 thought on “Is the prospect of the construction machinery rental market good?”

  1. As one of the five pillars of the financial industry, financial leasing is a financial service method that directly supports the development of the real economy. It can revitalize the existing assets of enterprises and reduce corporate liabilities. It occupies an important position in the modern financial industry. As a major branch of the financial leasing industry, the construction machinery leasing industry has started late. It is currently in the development period. With the development of China’s construction machinery field, my country’s construction machinery leasing industry is also facing good development prospects.
    The construction machinery leasing industry is in the development period
    The development of my country’s construction machinery rental market is accompanied by the development of the entire construction machinery market. Facing the fierce competition in the domestic construction machinery market, manufacturing companies in order to expand their products The market share has adopted flexible sales methods such as “installment payment”, “rent -on sale” or “rent first and then purchase”. In recent years, the penetration rate of construction machinery leasing in my country has continued to increase, the market size has remained rapid growth, and the industry is in the development stage. However, as the industry gradually grows, it will gradually become mature in the next five years.
    The penetration rate of the construction machinery leasing market needs to be further increased
    If according to the calculation of the China Construction Machinery Industry Association Construction Machinery Lease Branch, the penetration rate of construction machinery leasing in my country in 2017 reached 49.4%, and the penetration rate of a few equipment lease can reach 70 %. In 2018, under the popularity of the construction machinery market, the penetration rate of construction machinery lease in my country exceeded 50%, and the forecast reached 50.7%. However, in developed countries, construction machinery leasing has become the mainstream, accounting for 65%of the total market share. In 2019, the penetration rate of my country’s construction machinery leasing industry in the entire construction construction machinery field will be further improved, and it is expected that the penetration rate will reach more than 55%at that time. In the future, with the steady development of my country’s construction machinery industry, the advantages of the financial leasing business will be exerted, and its penetration rate in the construction machinery industry will be further improved.
    The market scale of the construction machinery leasing industry has gradually expanded
    As the state accelerates the promotion of urbanization, in real estate and infrastructure construction, energy and chemical construction, the construction machinery industry has made great development, and the Chinese construction machinery rental industry Development is also very rapid. In 2018, the Annual Meeting of the China Construction Machinery Industry Association Construction Machinery Leasing Branch, published the “Research on the Development Trend of China’s Construction Machinery Leasing Industry”, which shows that the development potential of the construction machinery leasing market has a huge potential and has a scale of nearly 600 billion yuan. It is the world’s largest in the world. Area of ​​construction machinery leasing. According to the forward -looking calculation, in 2018, the scale of my country’s construction machinery leasing market was about 620 billion yuan.
    The price competition for the construction machinery leasing industry
    The current my country’s construction machinery and equipment leasing industry is still in a period of rapid development, and industry competition is mainly price competition. Therefore, the price of construction machinery and equipment in my country is relatively low. From the perspective of the construction machinery leasing industry, in 2018, China’s construction machinery leasing industry continues to maintain rapid development, but the expansion of production capacity has led to the oversupply of supply, prompting the lease price to continue to decline. The healthy development of the entire industry.
    Thism mechanical leasing accounts for relatively large
    In survey data of the China Construction Machinery Industry Association Construction Machinery Lease Branch, in 2018, the operating business in my country’s construction machinery leasing enterprises involves the most earthwork machine; followed by pavement machinery ; Lifting machinery ranks third, and construction machinery leasing provides a broad market for earthwork machinery, pavement machinery, lifting equipment, concrete equipment, etc. In the first half of 2019, my country’s construction machinery industry was developing well, but the industry structure has not changed significantly.
    The above data comes from the “Development Model and Prospect Forecast Analysis Report” of the Prospective Industry Research Institute.

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