The Pattern Of Construction Machinery Industry Changes: In 2020, The Global Share Of Chinese Excavators Will Exceed 70%

"Affected by the epidemic, many industries in the world have also been impacted, and the construction machinery industry has also undergone changes in this context. According to the data from January to September 2020, the sales of construction machinery manufacturers of European and American enterprises and Japanese enterprises have declined in a large area, generally more than 20%, while the sales of China's mainstream manufacturers have generally increased by more than 20% Recently, sun Zhe, chief editor of China Construction machinery and Secretary General of the Organizing Committee of the global construction machinery T50 summit, said on the eve of Bauma China, the 2020 global top 50 construction machinery summit and China Construction Technology Innovation Conference.

According to sun Zhe, in the future, China's construction machinery products will have a greater development space in the global market. In 2019, the production and sales of Chinese excavators will account for 62% of the global market, and may exceed 70% in 2020.

The consensus reached by the industry is that excavator is an extremely important sector, which also determines the pattern of the whole global construction machinery industry. The top four industries in the world rely on the powerful excavator business to become the leaders. According to sun Zhe, in 2020, the total sales volume of the top 20 excavators in the world accounted for nearly one third of the sales of the top 50 excavators. China has become the world's largest excavator market.

On Bauma China, Caterpillar's global vice president Chen Qihua told the 21st century economic reporter that China's construction machinery industry, especially the excavator industry, had a relatively strong growth in the second and third quarters after a slight growth in the first quarter. "This is the pull of national infrastructure construction investment. We expect that the industry will continue to stabilize this year, and the first half of next year is worth looking forward to. I am optimistic about the whole industry in the first half of next year. With the control of the global epidemic situation and the recovery of the economy, next year is certainly more to be expected than 2020. "

Global pattern changes

"In 2020, the total sales volume of 11 Chinese enterprises on the latest global top 50 construction machinery manufacturers list will reach US $36.229 billion." Sun zhe said that while European and American enterprises and Japanese enterprises are declining, Chinese construction machinery enterprises are growing. In 2020, the sales volume of Chinese enterprises among the top 50 enterprises may surpass that of American enterprises and become the first in the world, which will affect the pattern of the whole global construction machinery industry.

In addition, according to sun Zhe, in the past few years, China's construction machinery industry has witnessed explosive growth in excavators and aerial work equipment. At the same time, products such as crushing and screening, mining equipment and other products have also risen rapidly, and the product demand pattern of the whole industry has undergone significant changes,

For example, the annual sales volume of China's loader market, which once reached 200000 units, is only about 100000 units. At the best time of China's loader market, the annual sales ratio of loaders and excavators reached 3:1, but at present, the annual sales ratio of loaders and excavators is 1:2. At present, in Japan, Europe and other markets, the annual sales ratio of loaders and excavators is 1:4. In the future, the ratio of annual sales of loaders and excavators will continue to change in China.

At the same time, overseas machinery manufacturers have made great progress in China's market by leaps and bounds in the past 20 years, and overseas engineering manufacturers have only achieved a huge development space in China's market in the past 20 years, and even more than 30% of the overseas machinery manufacturers have achieved in China's market in the past 10 years.

Sun zhe further analyzed that the formation of such a situation is mainly because Chinese products are being accepted by more overseas markets and users. In addition, not only Chinese enterprises, including some mainstream European and American enterprises, have also launched Chinese products, but these products are not only sold to China, but also to other regions outside China.

"Chinese host enterprises participate in China's competition from a higher level. The formation of Chinese product schools will undoubtedly promote the breakthrough of China's local supply chain in terms of product technology scale, and will further accelerate the development of China's local supply chain overseas. At the same time, for foreign supporting suppliers, cooperation with China's mainframe giants is also conducive to the further opening up of the world for foreign suppliers The market. " Sun zhe pointed out.

Guo Xuehong, vice president of Zoomlion, also believes that at present, a new round of scientific and technological revolution and industrial transformation are reshaping the global economic structure. China's construction machinery industry urgently needs to further play the main role of enterprises in innovation, stimulate innovation vitality with new mechanisms, and promote comprehensive innovation with scientific and technological innovation as the core.

At the same time, sun zhe said that the construction of a development pattern with domestic large cycle as the main body and domestic and international dual cycle promoting each other will further enhance the space of China's construction machinery market, promote the connection of China's local whole industry chain system, and further strengthen China's position in the global industry. This is not only favorable for host manufacturers, but also a historic opportunity for supporting enterprises, which are speeding up the transformation and further strengthening their status in China.

Chen Qihua also told reporters of the 21st century economic report that with the control of the global epidemic situation and economic recovery, the next year is certainly more expected than 2020 in the world, and China's investment in infrastructure construction and next year's GDP growth will bring more opportunities. "On the one hand, next year is the first year of China's 14th five year plan; on the other hand, it is the promotion of the dual cycle strategy. At the same time, with the recovery of the global economy in the post epidemic era, it is worth looking forward to the whole year next year."

70% or more

In the global construction machinery industry, excavator is a very important plate.

According to sun Zhe, in 2020, the total sales volume of the top 20 excavators in the world accounted for nearly one third of the sales of the top 50 excavators. China has become the world's largest excavator market.

In the second quarter of the 21st century, its reporter pointed out that after the strong economic growth of China's excavator industry, especially in the first quarter of the 21st century, Chen Wei's investment in China's mechanical infrastructure industry was the main driving force.

"In 2011, at that time, the sales volume of excavators in the whole industry exceeded 170000 units, reaching the peak of the industry development. Then, the industry entered a cyclical downward trend and reached the bottom in 2015. The sales volume was about 50000 units in that year. From the end of 2016, the industry began to warm up again. Last year, the whole industry had more than 200000 units, and the sales volume in the first ten months of this year had exceeded 200000 units. The industry is expected to hit a new record this year. Such a large quantity proves that the customer base and application scope have been obviously widened, and enterprises need to create more competitive product series. " Chen Qihua further pointed out.

From this Bauma China (Shanghai BMW Construction Machinery Exhibition), it can be seen that many construction machinery enterprises have launched excavator products. For example, Caterpillar's new classic series of GX hydraulic excavators specially designed for China's region also made its debut in this exhibition, including 320 GX adopts electro-hydraulic main control valve, and the engine and hydraulic system are synchronized. Compared with traditional models, GX can save up to 15% fuel. Shandong Lingong has also launched the 50t oil electric hybrid excavator e6500fhb, which adopts advanced permanent magnet synchronous reluctance motor, super capacitor power regulation system, motor driven rotary energy regeneration and other control technologies to solve the safety application problems of 1000V high-voltage electrical system 25% energy saving

In terms of the current excavator market, Shi Shengyong, deputy general manager of Shandong Lingong, said that in terms of product structure, small excavators account for 60% and medium and large excavators account for 40%. Among them, the proportion of large excavators among foreign brands is very high, more than 50%. "There is a huge space for the development of small excavators in China's market, which is basically a tool. In addition, there are a lot of rural construction in China, and there are a lot of small chores. In the next three years or so, the number of small excavations will still be very large, and there will be no surplus of small digs. "

For medium-sized excavators, Shi Shengyong pointed out that China's medium-sized excavators are completely connected with the country's investment in urban construction and transportation infrastructure, including some projects launched by the state. The demand for medium-sized excavators is increasing rapidly. From the perspective of trend, the demand for medium-sized excavators is basically stable, but the large-scale machines are completely affected by national regulatory factors, such as environmental protection Guarantee, safety, etc.

"The growth rate slows down, then rises steadily, with an increase rate of about 5% - 10%." This is Shi Shengyong's overall evaluation of the market demand for next year.