China since the late sixties started to develop, develop excavator product, after just 40 years, especially since the reform and opening up 30 years, the development of China's excavator manufacturing industry rapidly. National Bureau of Statistics data show that in 2010, China excavator manufacturing industry enterprises above designated size has 252, achieved sales of 169.785 billion yuan, 25.367 billion yuan to achieve product sales profits, profit totaled 21.406 billion yuan, an increase of more than 80%.
Chinese excavator market an average 30% rate increase, the amount of one of the world's largest market. From the development perspective, China is at the peak of road transportation, energy and water conservancy, urban construction and other aspects of infrastructure construction, excavator market demand increased year by year, in 2010 the National excavator actual cumulative total sales of over 165,000 units, grew by 74.5 percent year on year.
The end of 2010, the major domestic enterprises have expanded the production capacity of the excavator, other companies have opened more excavator models series, trying to drive the rapid growth of the excavator market in corporate earnings growth. In fact, both considered risk factors, but also the proceeds of consideration, due to bank credit in promoting the protection of housing construction is not positive, and thus indirectly lead to atrophy of the second quarter 2011 sales of construction machinery market. May 2011, domestic sales of 13,956 units of excavators, fell 12.4 percent, the first monthly decline in the current year; January-May total sales of 115,589 units, up 38.1 percent, compared to January-April fell 12 percent.
Data show that in 2011 the market share of domestic brands of 1-5 months to further improve to 37%. China topped Sany excavator production capacity has reached annual sales of tens of thousands of units of the scale, while the top four industry production capacity has reached more than 4,000 units / year level. Other business capacity zoom speed is also quite strong. The next stage, the domestic brand excavator on imported machines and two mobiles phones market share squeeze will probably become the norm.
Overall, lower domestic ownership excavator, but high prices, sales model to a finance lease or mortgage-based, once the credit has been relaxed, excavator sales will rebound with the best products. Can be predicted, 2011-2013, with the recovery of the Chinese economy to pick up in the world of real estate as well as to accelerate the urbanization construction progresses, the tonnage excavator sales will continue to grow, net of uncertainties, 2011-2013 tonnage mining machine will increase the growth rate of over 15%.
With the growing competition in the manufacturing industry, excavators, large excavators manufacturing enterprise merger integration and capital operation is becoming more frequent, more emphasis on outstanding domestic excavator manufacturing industry market research, especially for the development of the industry environment and products depth study of buyers. Precisely because of this, a large number of outstanding domestic excavator brands rapid rise of China and the world is becoming a leader in the excavator manufacturing industry!