Home> News> Excavation of the potential of the Hydraulic Dumping Tricycle industry

Excavation of the potential of the Hydraulic Dumping Tricycle industry

August 17, 2023

How big is the market for Hydraulic Dumping Tricycle? This is a major concern of many Hydraulic Dumping Tricycle companies. Since the development of electric two-wheelers, the social ownership has exceeded 200 million, which may be the critical point of market demand. Therefore, the electric two-wheeled vehicle market in the future will be dominated by old-for-new ones. If the life cycle of electric two-wheeled vehicles is 5-6 years, coupled with comprehensive factors such as consumers switching to other tools and age, electric two-wheeled vehicles will Production and sales will still be able to maintain consumption between 28 million and 30 million vehicles. It can be seen that compared with last year, the sales of electric two-wheeled vehicles will still show a sharp decline.

Efficient Dump Tricycle

Then, what is the situation of the Hydraulic Dumping Tricycle industry? According to the authoritative data inquired by the editor of the Tricycle Motorcycle, the current social ownership of Hydraulic Dumping Tricycle is estimated to be between 45 million and 50 million. In 2014, the production and sales of Hydraulic Dumping Tricycle have exceeded 10 million. Production and sales in 2015 are expected to increase by 45-55%. Exactly how many Hydraulic Dumping Tricycle social ownership reaches is the peak of social saturation. According to the superposition of many factors such as product attributes, number of consumers, product substitution, etc., it is estimated that the social ownership of Hydraulic Dumping Tricycle will reach 70 million -80 million vehicles is a saturated node. On the surface, Hydraulic Dumping Tricycle still have room for 20 million to 30 million units of incremental consumption in the market in the future, as well as space for stock updates of about 3 million to 3.5 million units per year. At present, the annual output of Hydraulic Dumping Tricycle is expected to be between 16 million and 18 million units, and the surplus rate is expected to be around 40%. Therefore, Hydraulic Dumping Tricycle companies will also fall into the same predicament of overcapacity as two-wheeler companies.
Although the Hydraulic Dumping Tricycle market has a huge cake, almost all enterprises entering this industry can share it, but there is a big gap in the degree of sharing among enterprises. This is consistent with the situation of electric two-wheelers around 2011.
Although electric two-wheel vehicles still use the old national standard, Hydraulic Dumping Tricycle have no name so far, and no drafting unit has emerged to formulate national standards for Hydraulic Dumping Tricycle. With the industrial scale and social ownership The increasing number of people, some social problems will also increase. Because there is no national standard, restrictions and prohibitions on Hydraulic Dumping Tricycle will continue to increase, especially in first- and second-tier cities. It is conceivable that in the next few years, there will be many problems gathered together.
On the one hand, the space for Hydraulic Dumping Tricycle is given by the market, and on the other hand, it depends on the efforts of all enterprises in the Hydraulic Dumping Tricycle industry. Now, the development of electric two-wheeled vehicles has been affected and restricted due to the absence of new national standards. The Hydraulic Dumping Tricycle industry should pay attention to the lessons learned from the past and not repeat the mistakes of electric two-wheelers.
Due to the absence of national and industry standards, the contradictions between Tricycle Motorcycle manufacturers and consumers will continue to increase, especially Hydraulic Dumping Tricycle causing vicious traffic accidents, which have brought many negative effects to the Hydraulic Dumping Tricycle industry. Therefore, Hydraulic Dumping Tricycle enterprises, especially large-scale enterprises, gather together as soon as possible, and spare manpower, energy and a little financial resources to formulate industry standards. Although there is no way to fix the national standard for a while, start with the industry standard first, and build momentum through media publicity, which can open up a channel for the development of Hydraulic Dumping Tricycle companies.

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