China Construction Machinery Industry Association: The occupancy rate index for lift work platforms in November was 653 points, up 4.7% year on year

The Zhitong Finance App learned that on December 25, the China Construction Machinery Industry Association released the November 2025 Lift Work Platform Rental Sentiment Index. In November 2025, the occupancy rate index for lift work platforms was 653 points, a slight decrease of 2.8% month-on-month and a year-on-year increase of 4.7%. Overall, the occupancy rate index for various models rose and fell in November. Among them, the occupancy rate index for 14-16 m models dropped the most month-on-month, reaching 15.7%, while models over 36 to 39 meters had the biggest month-on-month increase, reaching 6.5%.

In November 2025, the occupancy rate index for the vast majority of models showed a year-on-year increase. The increase for models above 30m exceeded double digits, and the biggest increase for models over 40m reached 21.0%. Among all models, the occupancy rate index for only 14-16m models declined year-on-year, with a decrease of 11.4%. (The rental rate is calculated based on the number of days, and a 100% rental rate corresponds to 1000 points.)

November 2025 Lift Work Platform Rental Industry Occupancy Rate Index

Rental price index

According to the statistical calculation of the reported data, the rental price index for lift work platforms fell slightly by 0.7% month-on-month in November 2025. Overall, the rental price index for each model in October fluctuated very little from month to month. The 36-39m model saw the biggest drop, only 4.5%. Other models were generally flat compared to the previous month. However, in November 2025, the rental price index for lift work platforms fell 9.5% year on year. The rental price index for all models was declining year on year. Among them, the smallest year-on-year decline was 2.8% for models over 40m, and the 36-39m model saw the biggest year-on-year decline, reaching 17.4%.

Rental Price Index for the Rental Industry of Elevated Work Platforms in November 2025