DUBLIN--(BUSINESS WIRE)--The "Research Report on China's Construction Machinery Industry, 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The production and export volume of China's construction machinery industry has been ranked first in the world.
According to the researcher, the development cycle of the industry keeps abreast with the macro-economic development. The industry is directed by the domestic demand, exports and policies, which in general are supportive. For example, in May 2015, the State Council issued Made in China 2025, bringing new opportunities to the construction machinery industry.
The demand in the construction and machinery market is oriented by investments in fixed assets like the real estate and infrastructure. When such investments increase, the demand for construction machinery will follow the step. Among the demand in sub-markets, the real estate accounts for 40%, infrastructure contributes to 40%, energy and mining make up 10% and manufacturing takes up 10%.
According to the researcher analysis, China's whole set of construction machinery products are mainly exported to countries and regions excluding Europe, the United States, Japan, Korea and Australia, while the machinery parts are mainly exported to the United States, Japan, Australia and South Korea. In 2017, the export value reached USD 20.1 billion, with an increase of 18.5% YOY, and the trade surplus were USD 16.02 billion. Loaders, excavators and forklifts maintained high growth rate in export value.
According to analysis, with the improving strength of China's construction machinery manufacturing, many Chinese companies have entered the international market through mergers and acquisitions, which enables them to make use of the brand, technology and sales channels of the acquired targets so as to make inroads into the global arena.
Key Topics Covered:
1 Status Quo Of Construction Machinery Industry
2 Development Environment Of Construction Machinery Industry In China, 2015-2018
3 Operation Status Of China's Construction Machinery Industry, 2013-2017
4 Competition Landscape Of China's Construction Machinery Industry
5 Analysis Of Industry Chain Of Construction Machinery, 2015-2018
6 Analysis Of Subsectors Of Construction Machinery Industry In China, 2015-2018
7 Import And Export Of Construction Machinery, 2013-2017
8 Manufacturers Of Construction Machinery In Chinese Market, 2015-2018
9 Forecast On Development Of China's Construction Machinery Industry, 2018-2022
For more information about this report visit https://www.researchandmarkets.com/research/m8fnx9/chinas?w=4