With the continuous advancement of technology and the acceleration of industrialization, construction machinery, as an important equipment in modern fields such as construction, transportation, and water conservancy, is playing an increasingly important role. The widespread application of construction machinery not only improves construction efficiency and reduces labor intensity, but also promotes the development of related industries and makes great contributions to the country’s economic construction.
1、 Common Classification of Construction Machinery
Engineering machinery is mainly used as mechanical equipment in construction projects such as building construction, earthwork engineering, highway engineering, water conservancy engineering, mining engineering, etc. There are various types of construction machinery, including excavators, bulldozers, cranes, loaders, rollers, concrete mixers, aerial work platforms, forklifts, pile drivers, etc.
These devices play an irreplaceable role in their respective fields.
2、 Construction Machinery Industry Chain
It can be divided into upstream: raw materials+components; Midstream: Production and Manufacturing; Downstream: application areas.
3、 Development Status of Construction Machinery Industry
The global construction machinery market exceeds one trillion yuan, with North America, Europe, and China being the main markets for construction machinery. According to relevant statistical data, the operating revenue of China’s construction machinery industry reached an astonishing 849 billion yuan in 2022. This data not only demonstrates the strong strength of China’s construction machinery industry, but also indicates the broad prospects of the future market.
From the perspective of product sales structure, lifting work platforms, excavators, and loaders have become the dominant products. These devices are widely used in various fields such as construction, roads, bridges, and mines, and are essential tools for engineering construction. Among them, excavators have become an important pillar of the construction machinery market due to their high efficiency and flexibility, accounting for about one-third of sales, consistent with the overall global situation.
From a product perspective, among the 11 categories of construction machinery included in the statistics, on-board cranes, aerial work platforms, and lifting work platforms have become the highlights of sales growth, with a year-on-year increase of up to 37.4%. As an indispensable equipment in modern construction, the sales of aerial work vehicles have also achieved a growth of 23.4%. The lifting work platform, with its wide range of application scenarios and stable performance, also achieved a positive sales growth of 5.3%.
However, with the continuous slowdown of global economic growth, severe regional differentiation, and the accumulation of risks in the real estate market, the development of the construction machinery industry is facing significant pressure. In addition, factors such as fluctuations in raw material prices, restrictions on environmental policies, and intensified market competition have brought high technological challenges to the construction machinery industry.
4、 Development Trends in the Construction Machinery Industry
1. Continuous innovation in key technologies The acceleration of infrastructure construction has driven the development of industries such as rail transit, ports and waterways, agricultural water conservancy, and environmental protection, bringing long-term development opportunities for the construction machinery industry. Meanwhile, intelligence, electrification, and internationalization also bring important strategic opportunities for the construction machinery industry.
2.By introducing advanced sensors, control systems, and communication technologies, construction machinery can complete tasks more accurately and efficiently, while improving safety and reliability to meet the growing market demand.
3. The level of internationalization will continue to accelerate, and exports are expected to maintain a high level. With the deepening of technological innovation and the continuous optimization of market layout, construction machinery enterprises need to actively explore international markets and improve the international competitiveness of their products. At the same time, it is also necessary to strengthen cooperation and communication with peers to jointly promote the global development of the construction machinery industry.
Post time: Nov-14-2024