Construction machinery is an important part of the equipment industry. According to data from the China Construction Machinery Association, 969,000 units of the 12 major categories of products included in the associations statistics were sold at home and
August 05, 20241. ElectrificationElectric loaders have sold over 10,000 units, mixer trucks have more than 50% market penetration, mining trucks have a strong replacement trend, and over 90% of aerial work platforms have been electrified. In 2024, the electrification of
April 01, 2024Under the influence of factors such as the continuous slowdown of global economic growth, severe regional differentiation and the accumulation of risks in the real estate market, the development of the construction machinery industry is under considerable
December 04, 2023In November 2023, the construction machinery industry operated smoothly. Sales of truck-mounted cranes, industrial vehicles, and aerial work platforms increased year-on-year. Nine types of construction machinery products, including excavators, loaders, mo
November 10, 2023Hydraulic breakers are indispensable high-efficiency crushing equipment in mining, construction, and road operations. It uses a hydraulic system to drive a piston to move back and forth at high speed, converting hydraulic energy into mechanical shock ener
July 10, 2023Based on current market developments and technological trends, the following trends are predicted for the construction machinery industry in 2023:1. Application of 5G technology: With the popularization and commercialization of 5G technology, the construc
March 06, 2023