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In 2013, the output of excavators
reached 148900 sets in China. The top three provinces were Shandong, Hunan and
Jiangsu, whose output was 34069 sets, 28583 sets and 27444 sets respectively,
accounting for 22.9%, 19.2% and 18.4% of the total output respectively,
totaling 60.5% with higher concentration ratio.
Excavator has become the fastest growing machine in China’s construction machinery industry, which placed an important role. According to sales status in 2013, market shares of domestic brands witnessed a decline to 44.27%. While market shares of Japanese brands, European and American brands increased to 26.37% and 14.4% respectively; South Korean brands present to be stable, and market share dropped slightly to 14.86%.
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For reducing environmental
pollution, at present, different countries’ governments formulated policies and
laws for compulsory emission targets of motor vehicle so as to prohibit the
sale and use of motor vehicles that emissions exceeded. In recent years, China
also brought forward series of relevant regulations in accordance with
international standards gradually. In the future, excavator products will take
energy-saving and cost-reducing development direction.
On June 20th 2013, National
Development and Reform Commission and Ministry of Transport compiled National
Highway Network Planning (2013-2030) which has been approved by the State
Council. According to this planning, 400 thousand kilometers of national highways
will be constructed as of 2030. Huidian Research takes a view that excavator
market will be further expanded as continuing investment in affordable housing,
the further transformation of national highway construction and water
conservancy construction. It is estimated that the market scale of excavators
will reach about CNY 100 billion in 2014 and CNY 145 billion in 2018.
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Table of Contents
1. Overview of Excavator
2. Status Quo of Global Excavator Industry
3. Macro Economic Analysis in China
4. Dynamic Analysis of China’s Excavator Market
5. China Excavator Industry Segmentation—Mini-Excavator
6. China Excavator Industry Segmentation—Hydraulic Excavator
7. Development Analysis of China’s Other Excavator Products
8. Upstream Raw Material Market of Excavator Industry in China
9. Downstream Industry Development Status of China’s Excavator Industry
10. Competitive Landscape of China’s Excavator Industry
11. Key Enterprises in China
Development Prospect and Trend of China’s Excavator Industry
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