In 2025, mergers and acquisitions became a significant driver for optimizing resources across the global aerial work machinery industry chain. The European market continued to consolidate, moving from fragmentation toward concentration. In the United States, on October 30, 2025, news shook the global industry: Terex Corporation announced a strategic merger with specialty equipment and vehicle manufacturer REV Group. Terex plans to divest or sell its aerial work platform division, centered around the world-renowned Genie brand, marking the year's biggest "black swan" event.

Behind these acquisition stories lies, on one hand, the limited risk resilience of specialized manufacturers, and on the other, the rise of Chinese manufacturers capturing market share. After a decade of vigorous growth, China's aerial work machinery industry has reached a new turning point. Hynee,has specialized in aerial vertical mast lift for 10 years in China, combines independent innovation with industry-standard technologies. The products has earned a good reputation.As a original manufacturer, they focused on the R&D, production, OEM and sales of vertical aerial work platforms. it has rapidly become one of the fastest-growing brands in the market.

Looking ahead, the question remains: among the numerous aerial work machinery manufacturers, which will survive and thrive? Only time will tell.