2023-2028 China excavator market development forecast and investment strategy analysis report Excavator track link
Excavation machinery refers to the earth moving machinery that excavates materials higher or lower than the bearing surface with a bucket and loads them into transport vehicles or discharges them to the stockyard. Excavators are a major sub industry of global construction machinery, and their sales scale is second only to that of shoveling machinery (including bulldozers, loaders, graders, scrapers, etc.).
According to the statistics of China Construction Machinery Industry Association, 342784 excavators will be sold in 2021, a year-on-year increase of 4.63%; Among them, 274357 were domestic, down 6.32% year on year; 68427 sets were exported, up 97% year on year. From January to February 2022, 40090 excavators were sold, a year-on-year decrease of 16.3%; Among them, 25330 were domestic, down 37.6% year on year; 14760 sets were exported, with a year-on-year growth of 101%.
As an important mechanical equipment for infrastructure construction, excavators not only make significant contributions to human beings, but also play a negative role in destroying the environment and consuming resources. In recent years, China has also introduced a series of relevant laws and regulations, and gradually integrated with the international practice. In the future, excavator products will focus on energy conservation and consumption reduction.
With the gradual recovery of the economy, highway construction, real estate construction, railway construction and other fields have directly driven the demand for excavators. Influenced by the large-scale infrastructure plan promoted by the state and the investment boom in the real estate industry, the excavator market in China will further grow. The future prospect of excavator industry is promising. With the acceleration of economic construction and the increase of construction projects, the demand for excavators in central and western regions and northeast regions will increase year by year. In addition, the national strategic support and the industry’s own optimization and upgrading development have brought benefits to emerging machinery industries such as intelligent manufacturing. The Ministry of Industry and Information Technology and the Ministry of Finance jointly issued the Intelligent Manufacturing Development Plan (2016-2020), which proposed to promote the implementation of the “two-step” strategy of intelligent manufacturing by 2025. With the continuous promotion of the “Belt and Road” strategy, the “Made in China 2025″ and other national policies, and the surging of Industry 4.0, China’s excavator industry will usher in more development opportunities.
The Report on the Development Forecast and Investment Strategy Analysis of China’s Excavator Market from 2023 to 2028 issued by the Industrial Research Institute has 12 chapters in total. This paper first introduces the basic situation and development environment of excavators, then analyzes the current situation of international and domestic construction machinery industry and excavator industry, and then introduces in detail the development of small excavators, hydraulic excavators, roadheader, micro excavators, large and medium-sized excavators, wheel excavators, and agricultural excavators. Subsequently, the report analyzed the domestic and foreign key enterprises in the excavator market, and finally predicted the future prospects and development trends of the excavator industry.
The data in this research report are mainly from the National Bureau of Statistics, the General Administration of Customs, the Ministry of Commerce, the Ministry of Finance, the Industrial Research Institute, the Market Research Center of the Industrial Research Institute, the China Construction Machinery Industry Association and key publications at home and abroad. The data are authoritative, detailed and rich. At the same time, the core development indicators of the industry are scientifically predicted through professional analysis and prediction models. If you or your organization want to have a systematic and in-depth understanding of the excavator industry or want to invest in the excavator industry, this report will be an indispensable reference tool for you.
Post time: Oct-07-2022
