Urbanization Construction Promotes Development of Construction Machinery

Urbanization is already the most obvious trend in China's development. There are a large number of new infrastructures that will be generated during urbanization. Among all types of industrial structures, the construction machinery industry is undoubtedly one of the industries that are most directly and closely linked to urbanization. . Because around the construction of urbanization infrastructure, from the basic construction of “iron public engine” to mines, metallurgy, petrochemical, water conservancy, electric power, and municipal construction, almost all construction machinery is inseparable. This will certainly have a huge boost to the construction machinery industry.

From 2005 to 2010, it was the most prosperous stage in China's construction machinery market. In the past two years, it fell into a trough. Data show that in 2012, China's construction machinery industry completed industrial output value of more than 601.8 billion yuan, a cumulative increase of 0.59%, lower than expected.

During the two sessions, the new leaders expressed their attitude toward promoting urbanization, which led the international engineering machinery giant to take the lead in smelling business opportunities. In March 2013, Korea’s Doosan Infracore announced a new brand strategy in Beijing to seize market opportunities. Caterpillar also announced the opening of a new plant in Wuxi. The construction machinery giant has 24 manufacturing plants in China.

It should be pointed out that urbanization also puts forward a brand new curriculum for China's construction machinery industry. Towns, especially in rural areas, have completely different construction environments and construction projects from big cities. Not all traditional construction machinery products can quickly This new market is welcome. For example, in urbanization, wheeled excavators that are more adaptable to farmland and community construction are emerging. This is also the first choice for leading international engineering machinery companies to enter the Chinese urbanization market.

According to the “2013-2017 China Construction Machinery Manufacturing Industry Analysis and Investment Prospects Forecast Report” published by Champion Consulting, the continuous release of 40 trillion investment, the rebound of infrastructure and real estate investment, and the acceleration of the government’s infrastructure construction in the western region, It has paved the way for the recovery of the construction machinery industry. As the process of urbanization advances, development projects such as transportation, water conservancy, urban construction, and resource development will be fully activated. The rebound in sales of China's basic construction machinery is just around the corner.