On July 29, 2021, KHL Group, a world-renowned industry evaluation agency, officially released the annual “Global Top 50 MEWP Equipment Rental Companies” (hereinafter referred to as “the Access 50”), in which Shanghai Horizon Construction Development Co., Ltd. (hereinafter referred to as “CDHORIZON”) was included in the list once again, jumping 2 places from the 2020 ranking list to No.4 in the world, entering the Global Top 5 in the Access50 for the first time.
In the official Access 50 press release in 2021, KHL is no longer “surprised” by CDHORIZON’s entry into the global Top 4 list compared to the “surprise” it had in 2020 when CDHORIZON first entered the global Top 10 list, but rather believes that “the Access 50 ranking, which focuses on the European and North American rental markets, will be strongly impacted by equipment rental companies from China, provided that the COVID-19 pandemic may be permanent. For the first time, CDHORIZON entered the global TOP 5 list with a high annual growth rate (which was world’s No. 6 last year) and became No. 1 in the Asia, which is a demonstration of the strength of this Chinese leading enterprise”.
In this year’s Access 50 ranking list, KHL also paid special attention to the fastest growing companies in the past year, with CDHORIZON topping the Top 10 list with high growth rates. Thus undoubtedly, it is the most high-profile company in the global Top 10 aerial work equipment rental providers over the past year. The KHL’s official press release also mentioned that China’s MEWP rental market has been gaining attention from practitioners around the world.
Since 2018, CDHORIZON, as China’s leading MEWP rental company, has caught the eyes of global aerial work machinery rental operators. As its place in Access 50 list has jumped from 19th to 4th in the world, it not only takes a lead in the Chinese market, but also becomes the only Asian company in the Global TOP5.
In recent years, CDHORIZON has become a force to be reckoned with in the global equipment operation service industry by relying on the steady and rapid growth of China’s economy to continue strengthening good cooperation with well-known aerial work platform manufacturers at home and abroad, expanding its own business scale and improving service quality.
