Industrial News

This report gives a detailed analysis of the Chinese construction machinery industry by category. The different categories include excavator, bulldozer, grader, loader, road roller, pumps, forklifts, wheeled loading shovel, crane and piling machinery, providing you with Chinese policy background, investment opportunities, risks, and solutions.

As a specialized equipment sub-industry of large machinery industry, the construction machinery industry can be divided into three categories: shovelling and transporting machinery, compact machinery and concrete machinery.

Influenced by policy and external demands, the development of the construction machinery industry appears to be a distinctly cyclic feature. The fixed assets investment scale and growth is highly related to the construction machinery industry. Since China carried on macro-control in March 2004, the Chinese construction machinery industry quickly began to decline. After more than two years of regulation, the Chinese construction machinery industry entered its recovery period. In the first quarter of 2006, the three major products shovelling and transporting machinery, compact machinery and concrete machinery achieved a growth rate of above 20%, indicating its recovery status.

According to statistics, the market for Chinese construction machinery reached USD15.5 billion in 2005, in which the import &export total amount was USD 6.018 billion, with imports being worth USD3.064 billion and exports reaching USD 2.94 billion. During the “Eleventh Five-Year Plan (2005-2010)”, China launches a series of major projects on railway, highway, water conservancy, water source, the issue of agriculture, countryside and farmers, energy and mine construction, as well as environment control and construction etc. All these projects bring new development and business opportunities for not only the Chinese construction machinery sector, but also construction machinery suppliers and project contractors worldwide.

Compared with the same products of foreign construction machinery enterprises, those of China are 10%-40% lower in price. However, the quality of these products meets international standards, with obvious advantage when at equal price level. Many engineering crane products made in China have a broad overseas market; with the world top manufacturing techniques. However, certain margins still exists when comparing with developed European countries, America or Japan

The report consists of four parts including the status quo of the construction machinery industry, construction machinery products development forecast in 2006, strategic options for competition and development of the construction machinery industry in 2006, and investment suggestions for the construction machinery industry in 2006.

The report is based on the data from authorities such as China Construction Machinery Association (CCMA), the Machinery Industry Association, the State Information Center and National Bureau Statistics of China, and the market research we made in construction machinery industry. Through quantitative and qualitative analysis, we provide considerate and prudent forecast and argument for the development trend of China construction machinery industry.

The report mainly provides references to construction machinery manufacturing enterprises, leasing enterprises and financial groups interested in the industry.

Please note this report is currently only available in Chinese. However, if you wish to obtain an English version, a translation service is available which will take 3-5 working days.

Companies Mentioned Throughout This Report Include:

Changsha Zoomlion Heavy Industry Science
Technology Development Co., Ltd
Xuanhua Construction Machinery Co., Ltd.
Guangxi Liugong Machinery Co., Ltd.
Xiamen Engineering Machinery Co., Ltd.
Shandong Changlin Machinery Group Co., Ltd.

For more information visit http://www.researchandmarkets.com/reports/c41306

Laura Wood
Senior Manager
Research and Markets
Fax: +353 1 4100 980