Analysis on Present Situation and Future Development of Construction Machinery

Analysis on Present Situation and Future Development of Construction Machinery In recent years, China’s construction machinery has achieved breakthrough development under the support of national policies. In the future, the development of construction machinery in China has the following four major directions:

First, industrial upgrading At present, China's construction machinery industry already has a certain scale, and has a good long-term development prospects, but there are still problems in the product structure, showing low-end excess capacity, lack of competitiveness of high-end products. At the same time, the continuous increase in labor costs in China and the continued rise in the exchange rate of the renminbi also make the export profit space for low-end construction machinery products shrink. Increasing the added value of products through technological upgrading will become a general trend; in addition, various national energy conservation and environmental protection policies and high-tech The implementation of support policies for the technology industry will also accelerate the adjustment of the company's product lines. All of the above factors will accelerate the pace of structural adjustment and industrial upgrading of the construction machinery industry, and thus provide guarantee for the sustainable and healthy development of the construction machinery industry.

Second, optimize the industrial structure At present, China's construction machinery market in the low-end products, such as bulldozers, loaders, etc., are basically in a state of excess capacity. On the one hand, due to the low technical threshold and low added value of products, the gross profit margin of these products is generally low, and the market competition is fierce; on the other hand, the market expansion of these products is limited, and some products have even been replaced and eliminated. trend. Therefore, it is impossible to maintain the healthy and sustainable development of the company and the entire industry by simply achieving scale growth through the expansion of production capacity. It is expected that the adjustment of the industrial structure of the construction machinery industry will accelerate in the next few years, and the resulting structural growth will become an important force for the development of the construction machinery industry.

Third, mergers and reorganization China's construction machinery industry benefited from China's economy, especially the constant high-speed investment in fixed assets and related policy support, the industry scale has leapt to the top in the world. At present, although China's leading enterprises in the construction machinery industry already have a certain degree of international competitiveness, there is still a huge gap compared with Caterpillar, Komatsu and other international giants. In the "12th Five-Year Plan" amendments, it has been clearly stated that the construction machinery industry will be encouraged to merge and restructure. Through mergers and reorganizations, resources can be effectively integrated to avoid waste of duplicated investments, eliminate outdated production capacity, and support and cultivate international companies with growth potential. This will lead to technological advancement and scale expansion of the entire construction machinery industry and industrial upgrading of the construction machinery industry. And healthy development.

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