Leasing market for construction machinery has great potential

With the advancement of construction technology, the proportion of construction machinery operations in the construction of the project will become higher and higher. Therefore, improving the utilization rate of equipment and reducing the production cost and capital share has become an important means for each construction company to improve its competitiveness. . Because leasing has the advantages of saving enterprise investment funds, reducing operating costs and improving the overall benefits of the enterprise, it is currently an effective way and a future development trend to configure construction machinery and equipment through leasing.

From an international perspective, the leasing market for construction machinery is huge. The global construction machinery leasing market has a turnover of about 40 billion US dollars, which is equivalent to 25% of the total output value of construction machinery. In developed markets such as North America, the European Union and Japan, construction machinery sold through leasing has accounted for 65% of the local market, and has become the most important sales channel. However, China's construction machinery leasing market is only 150-200 billion yuan per year, which is less than 10% of the domestic construction machinery and equipment usage, and there is a huge gap with the international level. At the same time, the supply and demand market for domestic construction machinery and equipment is also very large, and it can be predicted that with the deepening of enterprise system reform, under the effect of leasing laws, its potential and space are huge, and there are huge leasing opportunities.

Due to its great market potential, China's construction machinery leasing business has now become an area where Chinese and foreign companies compete. According to statistics from the China Construction Industry Association’s Machinery Management and Leasing Branch, there are currently more than 11,500 building construction machinery leasing companies across the country, but the companies are generally small-scale, mainly small and medium-sized leasing companies, and the nation’s professional leasing of construction machinery with more than RMB 50 million in assets. However, the company has more than 100 homes. In Japan, medium-sized leasing companies account for about 92% of the industry; as the most mature US in the world leasing industry, 10% of leasing companies are large listed companies. Therefore, in the future, the competition in China's construction machinery leasing industry will become increasingly fierce. It will be an inevitable trend for the industry to undergo restructuring and integration.

Overall, China's construction machinery leasing industry has great potential for development. However, the incompleteness of industry policies and regulations has hindered the development of the leasing industry, and brought greater uncertainty to the development of the industry. At the same time, competition in the industry is also becoming increasingly fierce. All these require the domestic excellent construction machinery leasing companies to pay attention to the research of the industry market, especially the in-depth study of the industry development environment and product demanders. This report uses forward-looking information to collect long-term market data collected by the construction machinery leasing industry market, and comprehensively and accurately analyzes the system from the overall height of the industry.