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Construction machinery in China

Construction machinery in China

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  • Time of issue:2021-01-18 19:57
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(Summary description)

Construction machinery in China

(Summary description)

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2021-01-18 19:57
  • Views:0
Information

In the 15 consecutive months of year-on-year decline in automobile production and sales, while the machinery industry barely maintained a stable situation, the construction machinery industry was "outstanding". Since July, the sales growth returned to double-digit growth for three consecutive months, and the demand resilience and prosperity of the industry continued to exceed expectations.

According to the data of China Construction Machinery Industry Association, the sales volume of excavators in September was 15799 units, with a year-on-year growth of 17.8%. The domestic market sales volume was 13182 units, with a year-on-year growth of 12.5%. The export sales volume was 2617 units, with a year-on-year growth of 54.9%. From January to September, 179000 units have been sold, a year-on-year increase of 14.7%. The annual sales volume of the industry is expected to hit 230000 units.

The reasons for the strength of construction machinery are mainly driven by the fact that the domestic liquidity remains reasonable and abundant, the acceleration of local special bond issuance, the increase of infrastructure projects, the strong resilience of real estate, the replacement of machines, the tightening of environmental protection, and the upgrading, etc. the market demand picks up and drives the sales growth of the industry.

The key is the self upgrading of enterprises within the industry. With the help of stable and good macro-economy and sustained and stable fixed asset investment, construction machinery enterprises, especially leading enterprises, have made further achievements in transformation and upgrading, deepened supply side structural reform, greatly improved technological innovation and profitability, and entered a new period of development.

At the just concluded 15th China (Beijing) International Exhibition of construction machinery, building materials machinery and mining machinery, intelligent 5g, remote control and Internet of vehicles platform These words that didn't seem to have much to do with construction machinery have become the key words of this exhibition. The huge equipment not only carries heavy quality, but also contains more high-tech and intelligent connotation.

In June this year, Sany demonstrated the 5g remote excavator jointly built by SANY, Huawei and China Mobile. Through the mobile 5g network, the staff controlled the world's first 5g remote-controlled excavator in Luanchuan molybdenum mine in Luoyang, Henan Province thousands of miles away. Fan Xiaodong, assistant president of Sany Heavy Industry and President of Intelligent Networking Research Institute, said that his remote-controlled excavator equipped with 5g technology has signed the first order.

Under the leadership of a number of leading construction machinery enterprises, domestic construction machinery has occupied a large share in the domestic market. From January to September, the market shares of Sany Heavy Industry, XCMG group and Guangxi Liugong reached 25.6%, 14.1% and 7.2% respectively, which were higher than last year. With the improvement of domestic leading mining technology level, the prominent advantage of product cost performance and the improvement of service system, the market share of domestic enterprises will further expand.

In the international market, China's construction machinery has become a bright business card. For example, XCMG's earthwork equipment and shoveling equipment recently won the bid of Rio Tinto, a world-famous Mining Group in Australia. Grow with each passing day, one belt, one road, and the other high-end markets in Europe and the United States have repeatedly won the list of brands, breaking the monopoly of foreign brands on high-end market, Liu Jiansen, vice president of Xugong machinery, said. According to the export data of construction machinery industry in August, XCMG's loader industry still went up against the market despite a year-on-year decrease of nearly 11%. Its export reached more than 200 million US dollars, up 16% year-on-year.

The times are changing and technology is advancing. New technology, intelligence, electrification and digitization are changing the traditional products, R & D process, marketing service mode and industrial chain system of construction machinery. In order to become a pioneer of intelligent manufacturing, construction machinery enterprises still need to vigorously research and develop in the future, and constantly launch intelligent and digital equipment leading the industry wave.

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