Tower crane, that is, tower crane (Tower Crane), also referred to as tower crane, in construction machinery, generally refers to a full-cycle rotating boom crane with a tower-type structure. It is a common means of transportation in large-scale civil engineering construction sites. Building materials and construction machinery can be transported in both high and low directions and crisscross directions. The task of moving objects can be completed quickly. According to the Chinese national standard GB/T 20776-2006 "Lifting Machinery Classification", lifting machinery is divided into the following categories, of which the tower crane belongs to the jib crane. According to different classification methods, tower cranes can be divided into different types.

The upper reaches of the tower crane industry are mainly raw materials and equipment markets, including steel industry, reducer industry, motor industry, etc. The middle reaches include tower crane manufacturing industry and tower crane leasing service industry. Among them, the representative enterprises of tower crane manufacturing enterprises include Xugong Group, Yongmao Construction Machinery, Zoomlian Heavy Industry, etc. The representative enterprises of tower crane leasing service enterprises include Pangyuan Leasing, Dafeng Equipment and Zizhuhui, etc; the downstream of the tower crane industry is mainly the real estate industry, infrastructure industry, metallurgical industry and petrochemical industry.

Compared with the development of the world's tower crane industry, China's tower crane industry has the characteristics of short development time and low technical level.In the 1950 s, China began to develop tower cranes and successfully developed the first tower crane. Later, my country began to imitate foreign tower cranes. After years of development, now my country has been able to independently develop and design tower crane products. In the process of tower crane research and development from scratch, it has formed my country's unique characteristics.

At present, there are few relevant policies specifically for the tower crane industry in China, so the relevant policies of the tower crane industry generally rely on the construction machinery and construction machinery crane industry. At the same time, the stable and healthy development of tower crane is an important part of the process of construction mechanization in China.

According to the data of Shangpu Consulting Group, from 2012 to 2022, the output of China's tower crane industry showed a trend of first decline and then rise. In 2016, the output of China's tower crane industry reached the lowest value, with only 6400 units produced in the whole year. After that, due to the development of China's real estate industry and China's increased investment in infrastructure, the development of the tower crane industry, 2017-2022, China's tower crane industry overall output showed an upward trend. In 2022, the output of China's tower crane industry will be about 90000 units, up nearly 20% year on year.

From 2010 to 2022, the actual demand of China's tower crane industry showed a fluctuating trend. In 2016, the sales volume of tower cranes reached the lowest value, with a total of 7000 tower cranes sold throughout the year. 2017-2022, due to the development of China's real estate industry and China's increased investment in infrastructure, tower crane industry demand was driven, tower crane sales increased year by year. In 2021, China's tower crane industry sales of about 75000 units; 2022 China's tower crane industry sales of about 85000 units, an increase of nearly 13.33 percent year-on-year.

From 2015 to 2022, the market size of China's tower crane leasing industry showed an increasing trend year by year. In 2022, the tower crane rental market will be 129.5 billion yuan, up 10.00 year-on-year. At present, there are two types of tower crane leasing, namely, tower crane operating lease and tower crane service lease. Operating lease is dry lease, refers to the tower crane leasing company simply to provide customers with the tower crane equipment leasing business, the lessor is responsible for the maintenance of the tower crane, the essence is to transfer the right to use the equipment, the tower crane life cycle of the right to use cut into small sub-lease to different customers. Service lease wet lease refers to the tower crane leasing company to provide customers with one-stop tower crane solution services including consulting, design, construction, maintenance, after-sales, etc., which is essentially the right to transfer service orders.

In recent years, the market price of tower cranes provided by tower crane manufacturers in China has remained stable, and the price is expected to remain stable in the next few years, mainly because the downstream industry of tower cranes has relatively stable demand for the purchase of new tower cranes. Due to the relatively long procurement cycle and depreciation period for new cranes (usually15 years), the relatively low utilization rate of the existing tower crane and the improvement of the quality of the existing tower crane lead to the continuous improvement of the service life of the tower crane, so the downstream industry of the tower crane for the purchase of new tower crane is relatively stable, the stable demand leads to the price fluctuation of the tower crane is small.

At present, China's tower crane industry enterprises in China's eastern coastal economy is more developed regional distribution, but with the growth of China's economy, the tower crane industry regional competition pattern began to shift to the central and western regions. From the thermal chart, asAt the end of 2022, there were a large number of tower crane industry enterprises in Anhui, Shandong, Jiangsu, Hebei, Hebei and other provinces, of which there were 2531 surviving enterprises in Anhui Province.

At present, in China's tower crane industry, Zoomlian heavy Branch occupies an absolute leading position, Xugong Machinery, construction machinery and other listed companies and Yongmao Holdings ranked in the second echelon, the third echelon for other small and medium-sized tower crane manufacturers.In 2021, China Construction Machinery magazine released a list of the top 10 tower crane manufacturers in China. The listed enterprises include not only Zoomlian Heavy Industry, Xugong and other comprehensive construction machinery manufacturing enterprises, but also old professional tower crane manufacturers such as Yongmao, Zhejiang Construction Machinery and Guangxi Construction Machinery. They have jointly built the leading camp of China's tower crane industry.

WithThe recovery of the economy after the recovery of the national regional new coronary pneumonia epidemic in 2022 has led to demand growth in the tower crane industry, and is expected to be full-year 2023China's tower crane industry will maintain a steady growth trend. According to data from the Champ Consulting Group,Full Year of 2023China's tower crane industry output is expected to be105000 units, up 16.67 percent year-on-year; sales are expected to be 98000 units, up 17.65 percent year-on-year; and the rental market is expected to be 142.45 billion billion yuan, up 10 percent year-on-year. In the future, with the acceleration of China's urbanization process, the promotion of infrastructure construction, the development trend of intelligent, green and efficient construction machinery, the tower crane industry will usher in new development opportunities.