Low-Price Competition Leads to Safety Hazards

The crane industry is currently plagued by cutthroat price wars, with some companies cutting corners on materials, safety features, and maintenance to reduce costs. This has led to increased equipment failure rates, shorter service life, and even safety accidents. Industry data shows that crane accidents caused by inadequate maintenance have risen by 40% in the past three years, highlighting the urgent need for price regulation thresholds and a quality traceability system.

Establishing Long-Term Regulatory Mechanisms

A dual approach combining technology and policy is essential: Mandatory IoT-based real-time monitoring of equipment operations should be implemented, with data uploaded to regulatory platforms. Additionally, industry standards must be strengthened by factoring safety and maintenance costs into bidding evaluations and imposing joint penalties on violators. Drawing lessons from the construction machinery industry’s "trade-in" model, fiscal policies should incentivize the phasing out of outdated equipment, steering the industry toward technology-driven, high-quality development instead of price wars.