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Construction Machinery Industry: return to a rational development opportunities

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2011/11/7

2011 global construction machinery industry, the theme is "opportunity, integration, strain", guest lecture and dialogue are the mainstream of China's construction machinery market, manufacturers (including Caterpillar, Komatsu, Volvo, Doosan, Hitachi Construction Machinery, Hyundai Heavy Industries, Terex and other large multinational construction machinery manufacturers), chairman, president and vice president, and chairman of a large agency, general manager, high level meeting.

   At present, China is the world's largest construction machinery market, and has taken with relatively complete industrial chain and industrial system, is undoubtedly the large multinational manufacturer of construction machinery battleground in the global emerging markets also undoubtedly present and future decade, most large multi-national manufacturer of attention in the market. Today, the global construction machinery manufacturers in 50 of 39 foreign companies, of which 37 have entered China, and build a complete business system; which most companies are still investing in China manufacturing and R & D base, continuous improvement in China the layout. At present, China has become the global expansion of these foreign companies strategic focus, foreign-funded enterprises have become China's "native" enterprise; Chinese construction machinery market is becoming the world's most open, competitive and most fully, the highest level of international markets.

   1, the global economic situation is complicated, but the global construction machinery industry is still growing market base.
   The current global economic situation is complicated, Europe is once again the economic downturn and the bottom, the Chinese government to curb prices this year due to rising raw material prices and slowing economic growth, while Brazil, India and Russia and other emerging markets still maintain a good growth in Latin America , Southeast Asia and Africa as a whole the situation is not bad.

   On the whole, the global construction machinery industry is still growing market base, but U.S. and European economies are still affecting the global construction machinery industry is a key factor in growth. Long term, if the economic downturn in Europe and China's macro-regulation does not relax, the world's construction machinery industry will be severely affected. Construction machinery industry from the global climate index, in 2008 when the financial crisis, 80%, the highest point in January rose 66.1%, followed by another in September fell to -20.2%, the financial crisis far from over.

   China's construction machinery industry from the point of view, as China's construction machinery products in the U.S. and Europe market share is not high, the current weakness of European and American markets the impact of China's construction machinery industry is not big. The development of our government's annual economic growth target is the growth of China's construction machinery market, "assurance"; urbanization and mechanization rate increase, the protection of housing construction, large-scale infrastructure such as water conservancy construction, upgrades and customer needs with product replacement and technology upgrades After the market demand for the upgrading of China's construction machinery market is still the key driver of growth factors; In addition, China's construction machinery products in the global market share will steadily increase.

   2, weak internal and external needs in the context of China's construction machinery industry is gradually return to rational steady growth.
    As China launched at the end of 2008 4 trillion economic stimulus plan coming to an end, slow down investment in fixed assets, construction machinery ownership increases customer return on investment decline (decline in single-time charge, labor and fuel costs); internal and external to be weak in the context of China's construction machinery industry is gradually return to rational steady growth in 2010 and first quarter of this year's growth is difficult to reproduce; China's construction machinery market and global construction machinery market growth rate will slow down from this point of view, the construction machinery industry will be increasingly fierce competition.


News from ET Power Machinery Co.,Ltd
Edited by Siren

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