CRI Insights on Contech Vietnam 2023 and Construction Machinery Industry Trend in Vietnam
CRI Insights on Contech Vietnam 2023 and Construction Machinery Industry Trend in Vietnam
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Tag: construction machinery
2019 China’s Construction Machinery Industry Prospect: Global Uncertainties as Well as Opportunities
According to the data from relevant departments of the Chinese government, from Jan. to Nov. 2018, the sales volume of excavators in China totaled 187,393 units, increasing by 48.4% YOY
Read MoreAnalysis on Prospects of Construction Machinery Industry
In terms of the sales volume of new machines in the construction machinery industry, with stable infrastructure investment and start-ups of real estate in 2016, the high growth of excavator sales was mainly driven by the machine updating in the infrastructure and real estate starts at the downstream. In 2017, since the investment on the real estate and infrastructure increased and PPP projects landed, China’s market demand for excavating machines achieved substantial growth. Meanwhile, company’s business indicators turned optimistic and the entire industry began to restore. In 2016, manufacturers such…
Read MoreGlobal Top 10 Construction Machinery Manufacturers
International Construction released Yellow Table 2016, the ranking of top 50 construction manufacturers in 2016. Caterpillar and Komatsu retained the first and second position, respectively. Terex overtook Hitachi to become the third and the latter fell to the fourth. Liebherr ranked the fifth and Volvo the sixth. Both Doosan and JCB rose two positions up into the top 10. Chinese manufacturers XCMG, Sany and Zoomlion made their way into the list. XCMG ranked the ninth and is the only Chinese company among the top 10. Ranking Company Company Sales…
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