Over the past decade, China has made a significant impact on the global economy. From manufacturing to technology, Chinese companies have played a pivotal role in shaping the world economy. Today, China’s presence is felt in yet another industry – the crane truck market.
China is now one of the leading manufacturers of crane trucks, with a wide variety of options available for consumers. According to recent reports, the Chinese crane truck market is worth over USD 2 billion and is projected to grow at a CAGR of 7.5% over the next few years.
One of the reasons for this growth is the availability of cheap crane trucks for sale in China. Chinese manufacturers have been able to offer crane trucks at a lower price point compared to their competitors in Europe and North America.
This has made Chinese crane trucks an affordable option for companies looking to buy a crane truck without breaking the bank. The boom in e-commerce and other industries that require the use of crane trucks has led to a surge in demand for these vehicles.
Most Chinese crane trucks have a lifting capacity of up to 10 tonnes and come in various configurations, such as mobile crane trucks and fixed cab crane trucks. The devices come with the latest safety features, including sophisticated digital control systems, thus ensuring that operators remain safe at all times.
One of the leading Chinese manufacturers of crane trucks is China Construction Machinery Import & Export Co. Ltd., based in Xuzhou City. The company has been focusing on the port machinery market since its establishment in 2011. In 2012, it teamed up with XCMG to develop the CCMIE brand side loader crane.
Apart from its own brand products, China Construction Machinery Import & Export Co. Ltd. also provides various other global brands of crane trucks such as TADANO, KATO, and GROVE amongst others. Because of the in-house production, extensive distribution network and unified logistic system, the company has managed to make a significant impact on the crane truck market.
With its growing popularity and easy accessibility across the world, Chinese crane trucks have become a seriously competitive force in the global market. In addition to providing quality, affordable crane trucks, Chinese manufacturers also offer excellent after-sales services, such as maintenance and repair, thus making the vehicles more attractive to customers.
Another significant factor contributing to the rise of Chinese crane trucks in the global market is the ease of doing business in China. The government has been continuously improving the business environment, making it easier for investors to set up and run successful ventures in the country.
In conclusion, the rise of Chinese cheap crane trucks for sale has disrupted the traditional market of crane truck manufacturing, benefiting buyers with the availability of affordable and feature-packed products. With Chinese manufacturers prioritizing quality, safety, and affordability, it is no surprise that the global crane truck industry is being redefined by these vehicles.