Zoomlion’s Aerial Work Machinery Sector Revenue Exceeds 5 Billion Yuan

Author:

Zoomlion, the leading manufacturer of high-tech equipment in China, has released its annual report, highlighting the success of its subsidiary, Zoomlion Intelligent Access Machinery Co., Ltd. (Zoomlion Access). The report reveals that the revenue of Zoomlion’s aerial work machinery sector has surpassed 5 billion yuan.

Since its entry into the aerial work machinery sector in 2018, Zoomlion Access has experienced remarkable growth, increasing its operating income from zero to over 5 billion yuan in just six years. This achievement has positioned the company as one of the top three manufacturers in China and the sixth globally in the aerial work machinery industry.

Zoomlion Access has made significant advancements in electric-powered technologies, launching lithium-ion powered scissor lifts in 2019. The company has introduced over 100 new energy products with a sales ratio of over 90 percent, surpassing European and American brands.

The company’s product range covers working heights from 4 meters to 72 meters, including the world’s highest reach boom lifts. Zoomlion Access has obtained 231 patents, including 69 invention patents, 103 utility model patents, and 59 design patents, showcasing its commitment to innovation.

By integrating modern technologies such as artificial intelligence and the Internet of Things, Zoomlion Access has introduced intelligent fault diagnosis and safety warning functions in its products. This enhances operational convenience and safety for its customers.

The success of Zoomlion Access is not limited to the domestic market. The company exports its products to over 100 countries and regions worldwide, achieving a breakthrough for Chinese brands in the European and American markets.

Zoomlion Access is also committed to sustainability and environmental protection. The company has implemented measures such as rooftop photovoltaic and zero volatile organic compound (VOC) emissions in the production process, contributing to energy saving, emission reduction, and green manufacturing.

Moving forward, Zoomlion Access aims to promote further technological innovation, expand application scenarios, and drive the development of aerial work machinery towards intelligent and green transformation.

Zoomlion Access operates in the aerial work machinery sector, which involves the manufacturing and sale of equipment used for tasks at heights, such as construction, maintenance, and repair work. This industry is highly competitive and requires companies to continually innovate and improve their products to meet the demands of various applications.

According to market forecasts, the global aerial work machinery industry is expected to experience significant growth in the coming years. Factors such as urbanization, infrastructure development, and the need for efficient and safe working at heights are driving the demand for aerial work machinery. The market is projected to expand at a compound annual growth rate of around 8% from 2021 to 2026.

One of the key issues related to the industry is the emphasis on safety. As the use of aerial work machinery involves working at heights, safety measures and innovations are crucial. Companies like Zoomlion Access are addressing this concern by integrating technologies like artificial intelligence and the Internet of Things into their products. This enables features such as intelligent fault diagnosis and safety warnings, enhancing the safety and convenience of operators.

Another challenge in the industry is environmental sustainability. As construction and maintenance activities have a significant impact on the environment, there is a growing demand for greener and more energy-efficient equipment. Zoomlion Access has recognized this need and implemented measures such as rooftop photovoltaic and zero volatile organic compound emissions in its production process. These initiatives contribute to energy saving, emission reduction, and green manufacturing.

For more information about the aerial work machinery industry and related market forecasts, you can visit industry-leading websites like KHL Group or MarketsandMarkets. These platforms provide in-depth analysis, reports, and insights into the industry’s trends, challenges, and growth prospects.

To explore further details about Zoomlion Access and its products, you can visit the official website of Zoomlion at zoomlion.com. There, you can find comprehensive information about the company’s achievements, product range, and commitment to technological innovation, sustainability, and customer satisfaction.