QYResearch: Global Ride-on Power Trowel Sales Market Report 2018 Overview

<strong>QYResearch</strong>: <strong>Global</strong> <strong>Ride</strong>-on
Power Trowel Sales Market
Report 2018 Overview
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<strong>QYResearch</strong>
The <strong>Ride</strong> On Power Trowel can be used for
trowelling concrete surface through floating
and finishing operations. Housing, warehouses,
garages, industrial buildings and airports due
to the continuous heavy load in such areas. Or
required by large warehouse construction
projects and airports as they have greater
requirements for the flat surfaces due to the
safety and set-up requirements.

QYR
First, the <strong>Ride</strong>-on Trowel industry concentration is high. United States is the biggest producer
and consumer of <strong>Ride</strong>-on Trowel. There are no more than fifty manufacturers in the world, and
high-end products mainly come from United States and Europe.
In the world wide, giant manufactures mainly distribute in Europe and United States. United
States and Europe has a long history and unshakable status in this industry, like Multiquip,
Wacker Neuson, Allen Engineering and Atlas Copco. They have perfect products.
Second, the global <strong>Ride</strong>-on Trowel production will increase to 28715 units in 2017, from 27381
units in 2016, it is estimated that the global <strong>Ride</strong>-on Trowel demand will develop with an average
growth rate of about 4.85% from 2011 to 2021.
Third, the import and export percent of this industry is high. Also, some foreign companies are
willing to set plants in China due to its low labor price and more opportunities.

QYR
Fourth, this industry is affected by the economy and policy, so
it’s important to put an eye to economic indexes. Many countries
adopted a policy of government subsidies in agriculture and the
land intensification is more and more important, so the need of
<strong>Ride</strong>-on Trowel will increase.

QYR
Fifth, QYR tend to believe this industry
now is close to mature, and the
consumption increasing degree will show
a smooth curve. On product prices, the
slow downward trend in recent years will
maintain in the future, as competition
intensifies, prices gap between
different brands will go narrowing.
Similarly, there will be fluctuation in
gross margin. What’s more, the share of
Chinese country will increase.
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