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Good policy continues, the construction machinery industry is developing strongly.

Industry News
2019/04/04 15:17

In March, the spring returned to Xinjiang, and construction in Xinjiang was also busy. The reporter saw the expansion and construction site at Aksu Airport: the cranes, excavators and cranes are very hot, which is a microcosm of China's current infrastructure.

It is understood that with the construction of the construction site, the sales volume of construction machinery is better than expected. It is expected that the overall industry growth rate in the first quarter is expected to be around 15%, and the growth rate of domestic leading enterprises is higher.

Since 2016, China's construction machinery industry has embarked on a road of recovery. According to data in 2018, the sales volume of excavators has exceeded 200,000 units, a record high. At the beginning of the spring of 2019, the pace of industry recovery showed signs of acceleration. According to statistics, the cumulative sales volume of excavators from January to February 2019 was 30,500 units, a year-on-year increase of 40%. The domestic market sold 27,400 units, a year-on-year increase of 42.2%. The export sales volume was 3073 units, a year-on-year increase of 21.8%.

According to industry insiders, excavators are a weather vane in the construction machinery industry. At present, the sales of excavators are picking up, which means that cranes, concrete mixers, road machinery and other types of construction machinery products will gradually pick up in the future, and release a positive signal that the real economy demand is stable.


On March 29th, with the roar of large excavators, the Urumqi High-tech Industrial Development Zone International Science and Technology Cooperation Industrial Park broke ground. On the same day, the first batch of 61 key industrial projects in Urumqi this year started to work. It is understood that 61 projects cover key industries such as advanced equipment manufacturing, intelligent terminals, new energy and new materials, and the planned annual investment is 11.86 billion yuan.

This year's government work report proposes to focus on promoting high-quality development of manufacturing, strengthening industrial base and technological innovation capabilities, promoting the integration of advanced manufacturing and modern service industries, and accelerating the construction of manufacturing power. Create an industrial Internet platform, expand "smart +", and empower the manufacturing transformation and upgrading.

For the construction machinery industry, this is undoubtedly a major policy positive. In 2019, China is expected to complete 800 billion yuan of railway investment and 1.8 trillion yuan of road and water transportation investment, and start a number of major water conservancy projects to accelerate the planning and construction of Sichuan-Tibet Railway, and increase inter-city transportation, logistics, municipal, disaster prevention, civil and Investment in infrastructure such as general aviation.

At present, many major projects across the country have started construction. From March 27th to 29th, a number of major projects will be started in various parts of Fujian Province. According to the preliminary screening of the Fujian Provincial Development and Reform Commission, the province started 253 major projects with representative, exemplary and guiding projects in the first quarter, with a total investment of 300.1 billion yuan.

Relevant persons of China Construction Machinery Industry Association said that the continuous and steady development of construction machinery products this year has benefited from five factors: sustainable and stable investment strategy at the national level; industry transformation and upgrading have achieved certain results; product renewal cycle Driven by the national environmental protection policy; “One Belt and One Road” drives exports, and large enterprises overseas construction projects drive products out.

Intelligent development direction

Insiders pointed out that with the favorable policies, the basic needs of the construction machinery industry have been greatly stimulated, and for the construction machinery industry, it can be described as a strong agent. In this context, the market and customers have more diversified demand for construction machinery equipment products. Multi-scenario application and high cost performance have become the focus of customers' attention, and competition may be more intense.

It is understood that the construction machinery industry has obvious cyclicality. The average life expectancy of construction machinery is about 8 years. The peak period of the previous round was from 2008 to 2011. The construction machinery that was sold at the time was currently in the replacement period, but the renewal cycle was always over. Therefore, there should be a cautious attitude towards the growth of the construction machinery market.

Especially in the era of "Internet +" and artificial intelligence, the demand for engineering machinery replacement means that the demand for high-tech products is also a challenge to the industry. At present, the technological development of the construction machinery industry is in the stage of digital development, intelligent, pleasant, energy-saving and environmental protection, mega- and miniaturization, reduction, and lightweight, and will be high-performance, multi-functional, high-reliability and humanity. The environment, the environment adapts to the industry, the energy diversity and the multi-dimensional innovation development period of robots.

Faced with opportunities, many domestic construction machinery companies are actively preparing. Chen Yongyi, dean of Xiagong Engineering Technology Research Institute, said that in the next stage, XGMA will increase its digital investment and create a digital integration of engineering machinery product systems in accordance with the overall planning of technology, products and information.