Research Report on Construction Machinery Industry in China, 2014-2018
- Geography Covered
- Publication Date
In 2013, China's GDP increased by 7.7% YOY. According to IMF, the growth rate of global economy was merely 3%. China remains one of the fastest growing countries in terms of GDP and resident income in recent years. The GDP per capita was approximately USD 6,600 in 2013, far behind that of developed countries. Therefore, Chinese economy shows great potential for growth.
In 2013, the investment in fixed assets was CNY 44.7074 trillion in China, up by 19.3% YOY. The rapid growth stimulates demand for construction machinery. Consequently, as the global production and demand transfer, China becomes an important market and the manufacturing center of construction machinery with most of the market seized by the foreign-funded enterprises.
In 2013, the sales revenue of construction machinery industry surpassed CNY 600 billion in China, up by over 10% YOY.
The sales revenue of top 50 enterprises accounted for over 80% of the industry while that of XCMG exceeded CNY 100 billion. The annual sales revenue of over 10 manufacturers of construction machinery, including foreign-funded enterprises, surpassed CNY 10 billion.
Investment and M&A remained as the main trend of the industry due to high expectation of market demand. It is noteworthy that Chinese manufacturers of construction machinery are expanding business overseas. Certain Chinese manufacturers with strong competitiveness expand export and operate internationally through M&A and joint ventures. For instance, Weichai Power Co., Ltd., a subsidiary of Shandong Heavy Industry Group, purchased shares of KION Group. Liugong Machinery (Poland) sp. z o. o. signed Conditional Acquisition Contract with the asset custody side of ZZN Transmission Plant in Stalowa Wola, Poland. SANY GROUP purchased the remaining 10% shares of Putzmeister and became its 100% shareholder.
Chinese government is determined to maintain economic growth through structure adjustment and reform instead of investment in fixed assets under the pressure of economy slowdown. The measures are proved to be effective in terms of urbanization. It once referred to an influx of rural migrants to cities that resulted in urban traffic congestion and increasing crime rate. However, current urbanization policies attempt to absorb surplus rural labors through synchronized development of small towns and medium to large cities. The number of small towns is approximately 20,000 in China. It is estimated that new urbanization infrastructure will stimulate demand of CNY 0.4-0.5 million for investment in fixed assets in the next 10 years. Decline of the governmental investment will make room for non-state-owned capital. The annual growth rate of investment in fixed assets like transportation, infrastructure and real estate is expected to surpass 15% in the coming years.
In 2014-2018, demand for construction machinery is estimated to increase outstandingly and create many opportunities for manufacturers at home and abroad.
Through this report, the readers can acquire the following information:
-Production and Demand Status of Construction Machinery Industry
-Government Policies of Construction Machinery Industry in China
-Competition Status of Construction Machinery Industry in China
-Analysis of Construction Machinery Sub-industries in China
-Import and Export of Construction Machinery Industry
-Overseas M&A of Chinese Construction Machinery Manufacturers
-Forecast on Construction Machinery Industry in China
The Following Enterprises and People Are Recommended to Purchase This Report:
-Manufacturers of Construction Machinery
-Trading Enterprises of Construction Machinery
-Enterprises Related to Industry Chain of Construction Machinery
-Investors/Research Institutes Concerned About Construction Machinery Industry
Table of Contents
1 Basic Situation of Construction Machinery Industry
1.1 Definition and Classification
1.1.2 Analysis of Industry Chain
1.1.3 Analysis of Relations between Sub-industries
1.1.4 Major Products
1.2 Status in China Economy
2 Development Environment of Construction Machinery Industry in China, 2013-2014
2.1 Economic Environment
2.1.1 Global Economy
2.1.2 Chinese Economy
2.2 Government Policies
2.2.1 Policies Overview
2.2.2 Key Policies
2.2.3 Development Trend of Policies
3 Operation Status of Construction Machinery Industry in China, 2009-2013
3.1 Industry Scale
3.1.1 Number of Enterprises
3.1.2 Total Assets
3.1.3 Number of Employees
3.2 Supply Status
3.2.1 Gross Output Value
3.2.2 Production Volume
3.3 Demand Status
3.3.1 Market Size
3.3.2 Major Fields of Demand
3.4 Analysis of Financing and Investment in China Construction Machinery Industry
3.4.1 Investment in Fixed Assets
3.4.2 Mergers and Acquisitions in China
3.4.3 Mergers and Acquisitions of Chinese Construction Machinery Manufacturers Overseas
4 Competition Status of Construction Machinery Industry in China, 2011-2014
4.1 Barriers to Entry and Exit
4.1.1 Economic Barriers
4.1.2 Policy Barriers
4.1.3 Barriers to Exit
4.2 Competition Structure of the Industry
4.2.1 Upstream Suppliers
4.2.2 Downstream Customers
4.2.3 Competitive Power of Enterprises in the Industry
4.2.4 Potential Entrants
5 Industry Chain of Construction Machinery in China, 2014
5.1.1 Iron & Steel Industry
5.1.2 Non-ferrous Metal Industry
5.1.3 Impact of Upstream on Construction Machinery Industry
5.2.1 Real Estate Industry
5.2.2 Railway Construction
5.2.3 Highway Construction
5.2.4 Hydraulic Engineering
5.2.5 Electric Power Industry
5.2.6 Coal Industry
5.2.7 Impact of Downstream on Construction Machinery Industry
6 Analysis of Sub-industries of Construction Machinery Industry in China, 2011-2014
6.1.1 Supply and Demand
6.1.2 Industry Competition
6.1.3 Development Trend
6.2.1 Supply and Demand
6.2.2 Competition Status of the Industry
6.2.3 Development Trend of the Industry
6.3 Forklift Truck
6.4 Compaction Machinery
6.5 Crane Industry
6.6 Concrete Machinery Industry
6.7 Bulldozer Industry
7 Import and Export Status of Construction Machinery in China, 2009-2013
7.1.1 Import Overview
7.1.2 Structure of Imported Products
7.1.3 Major Sources of Imports
7.2.1 Export Overview
7.2.2 Structure of Exported Products
7.2.3 Major Export Destinations
8 Major Manufacturers of Construction Machinery in China, 2011-2014
8.1 Zoomlion Heavy Industry Science & Technology Co., Ltd.
8.1.1 Enterprise Profile
8.1.2 Operation Status
8.2 SANY GROUP
8.3 XCMG Group
8.4 Guangxi LiuGong Machinery Co., Ltd.
8.5 Shantui Construction Machinery co., Ltd.
8.6 Xiamen XGMA Machinery Co., Ltd.
8.7 Sunward Equipment Group
8.8 Anhui Heli Co., Ltd.
8.9 Linzhou Heavy Machinery Group Co., Ltd.
8.10 Changlin Company Limited
9 Major Foreign-funded Enterprises in China Construction Machinery Industry, 2011-2014
9.1 Caterpillar Inc.
9.1.1 Enterprise Profile
9.1.2 Operation Status in China
9.1.3 Development Strategy in China
9.2 Komatsu Ltd.
9.3 Hitachi, Ltd.
9.5 Volvo Construction Equipment
9.7 Doosan Infracore Co., Ltd.
9.8 Kobelco Construction Machinery Co., Ltd.
9.9 Hyundai Heavy Industries Co., Ltd.
10 Prospect of Construction Machinery Industry in China, 2014-2018
10.1 Factors Influencing Development
10.1.1 Economy Environment
10.1.2 Chinese Government Policies of Investment in Fixed Assets
10. 1.3 Import and Export
10.2 Forecast on Supply and Demand
10.2.1 Production Forecast
10.2.2 Demand Forecast
10.3 Advice on Investment in China Construction Machinery Industry, 2014-2018
10.3.1 Investment Opportunities in Sub-industries
10.3.2 Investment Opportunities by Region
10.3.3 Other Investment Opportunities
10.4 Advice on Development and Investment in China Construction Machinery Industry
Chart Industry Chain of Construction Machinery Industry in China
Chart Classification of Products in China Construction Machinery Industry
Chart Proportion of Total Output Value of Construction Machinery Industry in China's GDP, 2008-2013
Chart Production Volume of Major Products in China Construction Machinery Industry, 2008-2013
Chart Market Size of Construction Machinery Industry in China, 2009-2013
Chart Major Mergers and Acquisitions Events in Domestic Construction Machinery Industry, 2012-2014
Chart Overseas Mergers and Acquisitions of Chinese Construction Machinery Enterprises, 2011-2014
Chart Production Volume of Excavators in China, 2009-2013
Chart Production Volume of Loaders in China, 2009-2013
Chart Operation Status of Zoomlion Heavy Industry Science & Technology Co., Ltd., 2009-2013
Chart Import Value of Construction Machinery in China, 2009-2013
Chart Top 10 Import Sources of Construction Machinery in China, 2013
Chart Major Export Destinations of Construction Machinery in China, 2013
Chart Forecast on Market Size of Construction Machinery Industry in China, 2014-2018